Results 21-33 of 33 for nama speaker:Jerry Buttimer

Seanad: Order of Business (11 May 2010)

Jerry Buttimer: It will not mention shortcuts, no money, NAMA, unemployment, drug abuse, debt——

Seanad: Banking: Statements. (27 Apr 2010)

Jerry Buttimer: ...People have credit one week. The next, when they are pushed to the maximum levels of their overdrafts, their bank manager rings them to ask them to come in and discuss term loans. The purpose of NAMA and the recapitalisation of the banks is, to use a great phrase, to allow liquidity to flow to small and medium-sized enterprises. Like Senator Alex White, I know this is not occurring....

Seanad: Budget 2010: Motion (16 Dec 2009)

Jerry Buttimer: .... We did not play party politics with it. This is in contrast to the Government, which never listened and will not take on board suggestions and goes head first into everything. We saw this with NAMA and the VAT increase it had to roll back on. On matters of the economy and fiscal management, Members on the Government side should come out of their parallel universe and get into the real...

Seanad: Order of Business (17 Nov 2009)

Jerry Buttimer: .... The culture in our banks has not changed. This morning, Allied Irish Banks gave the two fingers to the people, who bailed it out through the bank guarantee scheme, recapitalisation and NAMA. They have told us it is business as usual and that it does not matter anymore.

Seanad: Order of Business (11 Nov 2009)

Jerry Buttimer: ...It appears that there is confusion about this matter. The free legal advice centres, FLAC, have revealed that many sub-prime lenders are not signed up to this pledge. As Senator Fitzgerald said, NAMA provides for protection of bondholders, but when will we protect the most vulnerable home owners who did not create the current catastrophe? When will we go after the people who caused this...

Seanad: National Asset Management Agency Bill 2009: Second Stage (9 Nov 2009)

Jerry Buttimer: ...message about an alternative banking system which would provide a lifeline for this country. The Minister referred to cash flow and credit which must be made available as a consequence of NAMA but I do not see it happening. Senator Ross said the Bill represented a bailout for the banks and he is not wrong. This is akin to the Minister and his ministerial colleagues going on a trip to Las...

Seanad: National Asset Management Agency Bill 2009: Second Stage (9 Nov 2009)

Jerry Buttimer: I do not want to be critical in that Senator O'Malley and I will have a good battle but I must make the point that nowhere in the legislation is it prescribed that NAMA should get credit flowing again, thereby generating employment and confidence. The Minister of State, Deputy Roche, may nod to heaven, but I do not mind.

Seanad: National Asset Management Agency Bill 2009: Second Stage (9 Nov 2009)

Jerry Buttimer: ...retain jobs. It is about homeowners who come into offices every day and are struggling. They are afraid the bank will repossess their home. The uncertainty over the potentially enormous cost of NAMA for all of us is one of the reasons we should reject NAMA as it stands. If we are asking the public to fund a bailout of the banks, the Minister should sketch a clear road map explaining...

Seanad: Mortgage and Debt Support Measures: Motion (4 Nov 2009)

Jerry Buttimer: ...and lone parents, have been joined by a new group of vulnerable people who worked hard and saved to purchase their family homes. Five years ago, we had never heard about negative equity or NAMA. People thought developers were gods who built houses across the country to save them from homelessness and social housing. It is alarming that the Society of St. Vincent de Paul has experienced...

Seanad: Order of Business (23 Sep 2009)

Jerry Buttimer: Given his contribution, I wonder if Senator Ó Domhnaill is for or against NAMA.

Seanad: Order of Business (23 Sep 2009)

Jerry Buttimer: ...'s strategy in the December budget? Second, in the context of the debate on the economy later, I join Senator Ó Domhnaill is calling for a debate on the banking sector before the House debates the NAMA legislation, assuming it passes all Stages in the other House. Is the Leader aware this issue does not just affect business? Ordinary citizens who bought houses at inflated prices are now...

Seanad: Finance Bill 2009 (Certified Money Bill): Second Stage (28 May 2009)

Jerry Buttimer: ...I complimented him on his tour of Europe on the bond issue. He will get credit from some of us on this side of the House for what he does right, if it works, but there are question marks about NAMA. Neither Dr. Somers nor the Minister has provided the complete picture to people. Eliminating inefficiencies in our economy must be through strong regulation and good governance which we have...

Seanad: Order of Business (19 May 2009)

Jerry Buttimer: Like other speakers, I call for a debate on NAMA. Like Senator Ross, I compliment the Minister on going on a tour of Europe and selling Ireland because it is the mess his Government got us into that he is now trying to rectify. I welcome the success of the bond issue because it is important to restore confidence in the market. I want the Leader to invite the Minister for Finance in here....