Results 601-620 of 2,550 for speaker:Paul Gogarty

National Asset Management Agency Bill 2009: From the Seanad (12 Nov 2009)

Paul Gogarty: They will and, therefore, I wish to be specific. In terms of value, mortgages are small fry, as are the smaller loans not to be taken on by NAMA.

National Asset Management Agency Bill 2009: From the Seanad (12 Nov 2009)

Paul Gogarty: This is why I wish to clarify the matter because the Deputy has already begun to take me up wrongly.

National Asset Management Agency Bill 2009: From the Seanad (12 Nov 2009)

Paul Gogarty: It is not small fry for an individual earning the average industrial wage; it is an important issue. However, I do not believe the matter can be dealt with through this legislation. The programme for Government has committed to put in place firm and concrete measure to help mortgage holders who fall into negative equity. I note Deputy Durkan is in the Chamber and I pay testament to his work...

National Asset Management Agency Bill 2009: From the Seanad (12 Nov 2009)

Paul Gogarty: The Deputy makes a valid point and there are always exceptions to prove rules.

National Asset Management Agency Bill 2009: From the Seanad (12 Nov 2009)

Paul Gogarty: We will not know until the end of 2010.

National Asset Management Agency Bill 2009: From the Seanad (12 Nov 2009)

Paul Gogarty: I am simply expressing a confidence that it will happen but I also offer a realistic appraisal that sometimes it may not happen. The intent exists at the top of the banking system. As others have mentioned, people have concerns. Where are the gardaí going in and grabbing people by the scruff of the neck? Why are certain people not being put in handcuffs, as the Minister for the...

National Asset Management Agency Bill 2009: From the Seanad (12 Nov 2009)

Paul Gogarty: I return to section 210. I welcome the fact that the guidelines will be issued by the Minister but I would like to see more than guidelines. I would like to see the spirit of Deputy O'Donnell's amendment taken on board so that we have proper legislation to protect private mortgage holders and legislation to provide much-needed funding for SMEs. This legislative protection should not be...

National Asset Management Agency Bill 2009: From the Seanad (12 Nov 2009)

Paul Gogarty: They have to believe it.

National Asset Management Agency Bill 2009: From the Seanad (12 Nov 2009)

Paul Gogarty: Does Deputy Burton not agree that the person has to believe they have been communicated with?

National Asset Management Agency Bill 2009: From the Seanad (12 Nov 2009)

Paul Gogarty: Section 221(5) clarifies that.

National Asset Management Agency Bill 2009: From the Seanad (12 Nov 2009)

Paul Gogarty: Regarding amendment No. 3, it is logical to have regard to proper planning and sustainable development as expressed in Government policy. In that context, we should remember that Government policy is becoming more sustainable. The Planning and Development (Amendment) Bill, published by Deputy Gormley, sets out a number of provisions to support economic renewal and sustainable development....

National Asset Management Agency Bill 2009: From the Seanad (12 Nov 2009)

Paul Gogarty: Further legislation will also be introduced. The new programme for Government will get rid of the situation where developers, bankers, speculators and trade unions can contribute to specific individuals and specific parties. I agree with Deputy Burton's comments about certain members of Fianna Fáil and other parties having their fingers in the till, being interested in speculation and...

National Asset Management Agency Bill 2009: From the Seanad (12 Nov 2009)

Paul Gogarty: I cannot do mock outrage well so I will not try. I intended to say I am shocked and astounded by Deputy O'Donnell's comments but I cannot keep a straight face. I am amused.

National Asset Management Agency Bill 2009: From the Seanad (12 Nov 2009)

Paul Gogarty: I will not say I find them outrageous.

National Asset Management Agency Bill 2009: From the Seanad (12 Nov 2009)

Paul Gogarty: It is a serious debate.

National Asset Management Agency Bill 2009: From the Seanad (12 Nov 2009)

Paul Gogarty: A little bit of humour has already helped the Minister in amending the Bill. Deputy O'Donnell's Animal Farm analogy was previously used by Deputy Rabbitte.

National Asset Management Agency Bill 2009: From the Seanad (12 Nov 2009)

Paul Gogarty: I am a great fan of George Orwell's slogan, "four legs good, two legs better!" I remind Deputy O'Donnell that the revised programme for Government shows that the Green Party is now running the farm. I am happy with that.

National Asset Management Agency Bill 2009: From the Seanad (12 Nov 2009)

Paul Gogarty: Yes.

National Asset Management Agency Bill 2009: From the Seanad (12 Nov 2009)

Paul Gogarty: Deputy Cuffe is not here because, as our party's Whip, he has arranged for Green Party Members to discuss the forthcoming budget between 1 p.m. and 2 p.m.

National Asset Management Agency Bill 2009: From the Seanad (12 Nov 2009)

Paul Gogarty: The two matters are of equal importance and I will have to make my apologies to attend that meeting. In fairness to Deputy Cuffe, at least 150 other Deputies are missing from the Chamber because, I assume, they have pressing business. Deputy Cuffe made his contribution against the clock and I thank the Chair for facilitating him. This amendment is welcome in terms of requiring NAMA to have...