Seanad debates

Thursday, 5 March 2009

Investment of the National Pensions Reserve Fund and Miscellaneous Provisions Bill 2009: Second Stage

 

12:00 pm

Photo of David NorrisDavid Norris (Independent)

I just want to come to a full stop. These loans should be put into a national property management agency. At the same time, we could bring all the banks together and have a State bank, a real bank of Ireland. That is where we could don the green jersey, roll the good elements together and put all the nasty stuff — it might be only nasty for a temporary period — into a national property management agency. It might allow the people to benefit by 2025.

I thank the Leas-Chathaoirleach for his indulgence and the Minister of State for his forbearance. Many ordinary people like me will be interested in the Minister of State's answers to the simple questions I have asked.

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