Larry Butler (Fianna Fail)

I support the amendment to the motion. Although we are experiencing difficulties and we need a solid banking system, we still have a very good economy, with 1.8 million people still at work. We have to ensure we govern the economy and we are doing so. The Opposition has tabled motions and this is a reasonably good motion that I would not have too much difficulty with. It indicates a much more conciliatory approach from the other side of the House, which is very welcome. We should continue to act this way.

There is much silly talk about golden circles and people are trying to say that Fianna Fáil is more involved than others. The other day I heard the views of one member of a golden circle, Mr. McEvaddy, who would be a strong member of Fine Gael. I am sure most people would know him. He stated these people were heroes. Before there is any further dirt thrown at our party, the Opposition should look at what is on its own side. I say this with the best intentions and without wanting to change the tone of the debate because the issue is too important for that.

It is important when the Minister is recapitalising our banks the directors should ensure small businesses, which create work for approximately 800,000 people, are looked after. I support what the Minister is doing. Senator Ross indicated we may have to nationalise the banks and I would not rule that out. It may be one of the options we should consider. We should bring the social partners back into play because we must bring everybody on board. Everybody is feeling a certain amount pain and will continue to do so in the current economic circumstances. We need to have a solid banking system, as that will stand us all in good stead. There are no quick fixes and no easy answers. The Minister has been cautious in his approach to addressing the banking system and I congratulate him on that.