Results 1-20 of 36 for nama speaker:David Norris

Seanad: Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Bill 2019: Committee and Remaining Stages (13 Mar 2019)

David Norris: ...those relating to Waterford Crystal and Irish Shipping. In the disgraceful case of Clerys department store, which was in the middle of O'Connell Street, a ghastly woman who was rescued by NAMA went in to kick people out and defraud them of their pensions. It was a horrible situation. I wonder whether anything in this section of the Bill will deal with such cases.

Seanad: Poverty and Homelessness: Motion (15 Jun 2016)

David Norris: ...around and putting people out of their houses. It is disgraceful. One of the most fundamental rights in any decent democratic society is the right to housing, shelter and a home. We now see NAMA and others selling off mortgage portfolios to vulture funds.These are people who will be utterly callous. They just kick people out on the side of the street. Why was it not found possible...

Seanad: Freedom of Information Bill 2013: Second Stage (18 Sep 2014)

David Norris: ...huddle-muddle among themselves about decisions. Exempting communication between members of Government should be done. I welcome the fact that the Garda Síochána, public financial bodies such as the NTMA, NAMA and the Central Bank and the refugee agencies are being included. That is fair enough if we are going to have this kind of thing. One of the major topics I took up...

Seanad: Order of Business (18 Feb 2014)

David Norris: ..., then it is a reproach. It is no excuse to say the matter is in the hands of the liquidator. It should not have got there without some provision to protect people. I do not glory in the work of NAMA or the IBRC or any of these things. As far as I am concerned, they have done sweet damn all and there is little difference between those in the current Government and the Government that...

Seanad: Order of Business (18 Dec 2013)

David Norris: I support Senator Darragh O'Brien. He did the Seanad and the nation a great service by raising the issue of the apparent corruption in some areas of NAMA. The Seanad should be given full credit for this. I noticed that throughout the media it disappeared and that it was suddenly credited to the Dáil, but it was Senator Darragh O'Brien and this House that really exposed it. The House...

Seanad: Radical Seanad Reform Through Legislative Change: Statements (3 Oct 2012)

David Norris: .... I recall several dramatic occasions in this House, including one morning at 3 a.m. when former Senator Joe O?Toole and I managed to have inserted significant amendments into the legislation on NAMA to make it accountable to the people through the Oireachtas, but there was no coverage. That is a tragedy. It is not all one way because there are also faults on this side. If this is a...

Seanad: Order of Business (25 Jan 2012)

David Norris: ...industry, for example, as well as the role this House played in the Civil Partnership Bill. There is a series of things we have done that have not been noticed, including amendments to the NAMA legislation which made it accountable to the Oireachtas for the first time, although that took place at 2.30 a.m. and was never covered. We ought to be able to present to the public what we have...

Seanad: Fiscal Responsibility (Statement) Bill 2011: Second Stage (14 Dec 2011)

David Norris: ...that the Government of the day did put some money aside, into the NTMA and the National Pensions Reserve Fund. I applauded that and asked for more of that because I thought it was good. When the NAMA legislation was introduced in this House, we met into the early hours of the morning. There are some survivors of those early morning meetings here today. Not many people stayed throughout...

Seanad: Local Government (Household Charge) Bill 2011: Committee Stage (7 Dec 2011)

David Norris: I agree with my colleague. One must be sympathetic to companies which are in serious difficulties or whose affairs are being administered by NAMA. However, the principle the Minister of State enunciated is that they are deriving no financial profit.

Seanad: Programme for Government: Motion (23 Mar 2011)

David Norris: ...No proper reason has been given to me and the matter I would have taken up is the question of the way in which our entire hotel industry is being undermined by hotels being run in the interests of NAMA. They can compete in an unfair manner because they can introduce below-cost pricing. That will destroy the family hotel business in Ireland. I would like the Minister to examine this....

Seanad: Finance Bill 2011: Second Stage (28 Jan 2011)

David Norris: ...regard to the economy. However, I remember stating in this House that I did not agree with the approach taken by the Government. I voted against the bank guarantee. I came up three months before NAMA with an idea that was not entirely unlike NAMA and I warned that I felt the Government was doing it backwards and was getting it wrong. What I was saying and doing throughout that period...

Seanad: EU-IMF Programme for Ireland: Statements (2 Dec 2010)

David Norris: ...in terms of the report, but from the very beginning I said Anglo Irish Bank should be let go. If we get into arrears, the National Treasury Management Agency will have to report to our bosses. NAMA has now become mama, who will report to teacher, and teacher will give us a smack every so often. Naturally, as a proud Irishman, I do not like that. I like even less the idea that we may be...

Seanad: National Recovery Plan 2011-2014: Statements (24 Nov 2010)

David Norris: We got scrutiny back for NAMA thanks to Senator O'Toole's amendment.

Seanad: Central Bank Reform Bill 2010: Second Stage (6 Jul 2010)

David Norris: ...political direction should so signally have failed to act as the watchdog. I also welcome the introduction of new accountability measures. The Minister was present, manfully, during the debate on NAMA and he knows perfectly well that Senator Joe O'Toole, seconded by myself, got significant amendments accepted by Government here in the Upper House, giving a degree of Oireachtas...

Seanad: Banking: Statements (31 Mar 2010)

David Norris: .... It was not a few bankers who were responsible but the entire financial elite and not only in this country. This was a global infection. Although we are tinkering with the system, and with NAMA we are basically still only tinkering with it, it is tragic that we are not addressing the system completely. We are not addressing it radically or fundamentally. Senator MacSharry spoke about...

Seanad: Child Care (Amendment) Bill 2009: Committee Stage. (31 Mar 2010)

David Norris: ...a situation where this amendment does not create a charge on the Exchequer, I suggest that knowledge and wisdom should be passed on immediately to the board, directors and chief executive of NAMA, because that would solve the whole problem there. We could squiff away all the billions we liked and not create a charge on the Exchequer. It would cost nothing. That is wonderful. It is...

Seanad: Order of Business. (30 Mar 2010)

David Norris: ...in which he said the recently revealed figures could only have been written by Pollyanna. He said: Despite admitting that it expects a 30-per-cent-plus discount on assets to be transferred to NAMA, AIB actually booked provisions less than half that. Expect much the same to come from the other banks. That is what we have now. The Bank of Ireland has a cynical and dishonest policy of...

Seanad: Finance Bill 2010 (Certified Money Bill): Second Stage. (24 Mar 2010)

David Norris: ...man of courage, clarity and direction. We need a certain amount of firmness. I do not always agree with him but I hope he is right. Some elements may have misinterpreted certain signals. I hope NAMA works but the jury is still out. The Government took certain clear measures in the budget and, painful as they were, they have been welcomed internationally. They have led to an increased...

Seanad: Order of Business (2 Mar 2010)

David Norris: I support my colleagues on both sides of the House who have asked for a debate on banking. We need to monitor the NAMA situation. We need to counter the misinformation that is being put out. The EU has not sanctioned or given the green light to NAMA.

Seanad: Order of Business (2 Mar 2010)

David Norris: ...need to examine taking a lower amount of €40 billion to write down the bondholders by €20 billion and put in a capital injection of €20 billion. Then one may find oneself in the same current NAMA position on which we are spending so much money. It is important to discuss these vital matters in the House.