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Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)

Joe Higgins: In the course of the ten years between 1996 and 2006, our researchers have told us, based on hard facts, that the price of a home for an ordinary person increased by the equivalent of the average industrial wage each year for ten years. It finished up at 11 times the average industrial wage, when the normal value was considered to be two and half to four times that amount. Professor...

Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)

Joe Higgins: The NAMA assets were transferred with a haircut of about 57%, but the European Commission later judged that the banks had received €5.6 billion in State aid by the end of 2011 as a result of loan transfers, which amounted to a 22% aggregate premium above the November 2009 loan market value, according to NAMA's section 227 review in July 2014. What is the professor's view of the NAMA...

Committee of Inquiry into the Banking Crisis: Context Phase (4 Mar 2015)

Joe Higgins: The Comptroller and Auditor General estimated that Bank of Ireland got €1 billion in State aid in reality.

Ceisteanna - Questions (Resumed): Programme for Government Implementation (3 Mar 2015)

Joe Higgins: Who counted them for the Taoiseach? Was it himself or the driver?

Ceisteanna - Questions (Resumed): Programme for Government Implementation (3 Mar 2015)

Joe Higgins: I also wish to follow up on Question No. 1, which asked the Taoiseach to report on the commitment in the programme for Government on the Irish Water network. He read out what the programme for Government says on the matter but he did not answer the question. I would like him to answer the question. The programme for Government states that Irish Water "will supervise and accelerate the...

Ceisteanna - Questions (Resumed): Programme for Government Implementation (3 Mar 2015)

Joe Higgins: That is the point.

Ceisteanna - Questions (Resumed): Programme for Government Implementation (3 Mar 2015)

Joe Higgins: I ask the Taoiseach if he agrees that all he has achieved is the massive rejection of water charges by a huge section of the population and a massive alienation among significant sections of the population-----

Ceisteanna - Questions (Resumed): Programme for Government Implementation (3 Mar 2015)

Joe Higgins: -----through the use of the forces of the State against their peaceful protests.

Ceisteanna - Questions (Resumed): Programme for Government Implementation (3 Mar 2015)

Joe Higgins: The question asked the Taoiseach "the position regarding the commitment in the programme for Government, in regard to the Irish Water networks; and if he will make a statement on the matter".

Ceisteanna - Questions (Resumed): Programme for Government Implementation (3 Mar 2015)

Joe Higgins: I was summarising a number of the issues that have arisen in response to this aspect of the programme for Government.

Ceisteanna - Questions (Resumed): Programme for Government Implementation (3 Mar 2015)

Joe Higgins: Come on, a Cheann Comhairle, that is absolutely ridiculous.

Ceisteanna - Questions (Resumed): Programme for Government Implementation (3 Mar 2015)

Joe Higgins: It is extraordinary.

Ceisteanna - Questions (Resumed): Programme for Government Implementation (3 Mar 2015)

Joe Higgins: We have the very chief of the operation before us.

Ceisteanna - Questions (Resumed): Programme for Government Implementation (3 Mar 2015)

Joe Higgins: The Taoiseach has to politically answer for the disaster that Irish Water has become.

Ceisteanna - Questions (Resumed): Programme for Government Implementation (3 Mar 2015)

Joe Higgins: We cannot call the Taoiseach to account for commitments in the programme for Government-----

Ceisteanna - Questions (Resumed): Programme for Government Implementation (3 Mar 2015)

Joe Higgins: -----which turn into an unmitigated disaster.

Ceisteanna - Questions (Resumed): Programme for Government Implementation (3 Mar 2015)

Joe Higgins: I think it is extremely relevant. Will the Ceann Comhairle allow me to ask, at least-----

Ceisteanna - Questions (Resumed): Programme for Government Implementation (3 Mar 2015)

Joe Higgins: In that regard, the Taoiseach referred to the €100 grant as a conservation grant. Does he agree that marks a new degradation of the English language? An attempted political bribe becomes a conservation grant. Real conservation would be investment in people retrofitting their homes to save billions of litres of water or changing the planning laws to ensure that water saving devices...

Ceisteanna - Questions (Resumed): Programme for Government Implementation (3 Mar 2015)

Joe Higgins: I thought we would have the opportunity of a second round.

Ceisteanna - Questions (Resumed): Programme for Government Implementation (3 Mar 2015)

Joe Higgins: I am under pressure because the Joint Committee of Inquiry into the Banking Crisis is due to meet shortly.

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