Seanad debates

Wednesday, 4 March 2009

Local Economic Initiatives: Motion

 

5:00 pm

Photo of John Gerard HanafinJohn Gerard Hanafin (Fianna Fail)

It was at the Bishop's Palace in Cashel, 250 years ago. One learns something every day.

The co-operatives, such as Kerry Co-Op, started as very small enterprises. They offered a great opportunity for people who had small funding to start something. I am also conscious of international developments, which show the importance of microfinance. We can take our lead from the United States. Let us start with Apple, the company Forrest Gump thought would be a good company to invest in because it was a fruit company. Of course, he was excellent in choosing his investment.

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