Results 16,041-16,060 of 19,173 for speaker:Shane Ross

Promissory Notes Arrangement: Motion (Resumed) (13 Feb 2013)

Shane Ross: He came before the Oireachtas Joint Committee on Finance, Public Expenditure and Reform and said something about that, but what is happening? Absolutely nothing. It is quite obvious that the Personal Insolvency Bill, which was set up to sort out that problem, is not going to sort it out. The signals coming from the Central Bank are that we have a major crisis, much bigger than that of the...

Promissory Notes Arrangement: Motion (Resumed) (13 Feb 2013)

Shane Ross: The Minister of State should tell that to the people in his constituency who are starving.

Promissory Notes Arrangement: Motion (Resumed) (13 Feb 2013)

Shane Ross: I wish to speak without interruption, if that is all right. It is lovely to hear a socialist, or former socialist, such as the Minister of State quoting The Wall Street Journal and the Financial Times with such approval. I am delighted to hear it. Indeed, the Minister of State is worshipping the Holy Grail of the markets. It is magnificent to see it, but where did he lose his way?

Promissory Notes Arrangement: Motion (Resumed) (13 Feb 2013)

Shane Ross: The string of Minister and Members from the Government parties coming here to pat themselves on the back and bask in the glory of what they have achieved reminds me of a chain gang of prisoners. They were sentenced two years ago to death by promissory note for wrecking or attempting to wreck the European economy. They pleaded not guilty but were found guilty. Today, they have pleaded not...

Written Answers — Department of Justice and Equality: Property Management Company Issues (7 Feb 2013)

Shane Ross: To ask the Minister for Justice and Equality if he will intervene to regulate property management companies and to standardise fees, particularly in Dublin, to prevent unfair or exploitative charges; and if he will make a statement on the matter. [6385/13]

Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)

Shane Ross: Hear, hear.

Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)

Shane Ross: That is the situation in which the Bill finds itself being put through the House: civil servants who cannot answer questions about the details of the Bill and a Minister who gives us so little information. To crown it all, the President is flying back from Italy in a hurry to sign the Bill later this evening. How is the stability of the State's finances threatened by this leak? The...

Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)

Shane Ross: In the minute I have left I will say this. We cannot vote for this Bill if we do not know the other part of the package. That is the problem with the Bill. We are being asked to vote for the liquidation of a bank in isolation when we do not know what tomorrow's part of the package will be.

Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)

Shane Ross: What I do know, and what I do not like about the Bill, is section 17 which hints at what we are going to get from the Minister. This is the objectionable part. It gives such wide-ranging powers to the Minister that he can introduce and issue securities for as much as 100 years, so far as I can see, although the ECB will not allow him to go that long. The Bill gives the Minister powers we...

Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)

Shane Ross: Many of us in this House are long enough in the Oireachtas to recall late-night sittings of this sort and late-night sittings tend to make bad law. My own memories, and the Taoiseach will remember these as well, are of the bank guarantee, when we had a late-night sitting, which had a poor result. Before that we had the Larry Goodman empire rescued by examinership, which had a poor result....

Promissory Notes: Motion (Resumed) [Private Members] (6 Feb 2013)

Shane Ross: I thank the Deputy. The scenario stemming from Government Members' scripts - they have nearly all had scripts, although not Deputy O'Donnell and a few others - has been one of painting default, that bogey word, as something we cannot possibly countenance. Luckily for the Government, Government Deputies have in recent times all discovered from their press office the country of Argentina and...

Promissory Notes: Motion (Resumed) [Private Members] (6 Feb 2013)

Shane Ross: The consequences of what is happening-----

Promissory Notes: Motion (Resumed) [Private Members] (6 Feb 2013)

Shane Ross: We have the Russian, Icelandic and Greek experience. The Minister of State may well laugh, but his script last night was laughable. He had not even read it in advance.

Promissory Notes: Motion (Resumed) [Private Members] (6 Feb 2013)

Shane Ross: The Minister of State read it like a baby reading for the first time. It was extraordinary. He read it like a man who did not understand what he was saying.

Promissory Notes: Motion (Resumed) [Private Members] (6 Feb 2013)

Shane Ross: It is great to hear the Minister of State say something unscripted for a change. He should stand up and make a speech which he has made up himself.

Promissory Notes: Motion (Resumed) [Private Members] (6 Feb 2013)

Shane Ross: Creditors forgive countries which default very fast. Creditors forgave Russia and Iceland very fast.

Promissory Notes: Motion (Resumed) [Private Members] (6 Feb 2013)

Shane Ross: Iceland and Russia, after defaulting, were back into the money markets very fast.

Promissory Notes: Motion (Resumed) [Private Members] (6 Feb 2013)

Shane Ross: It may well be the case that it is quicker and cleaner.

Promissory Notes: Motion (Resumed) [Private Members] (6 Feb 2013)

Shane Ross: No, it is not five years in Russia's case.

Promissory Notes: Motion (Resumed) [Private Members] (6 Feb 2013)

Shane Ross: It is quicker and cleaner to wipe off the debt as part of a negotiated deal than it is to continue with this humiliating policy which will dump the debt on our grandchildren to the shame of the Government.