Seanad debates

Wednesday, 11 November 2009

National Asset Management Agency Bill 2009: Committee Stage (Resumed)

 

1:00 pm

Photo of David NorrisDavid Norris (Independent)

Yes.

In January last I proposed to this House the establishment of something I called the national property management agency. I will not rehearse all of that, but I just want to signal it. I returned to the matter four times. At that very early point I suggested something that chimes with what was stated by Senator Harris, who went to the heart of the issue, on the experiences of the estimated 200,000 or 300,000 people who may find themselves in negative equity and in difficulty.

I ask the Minister to take this up. At that stage I suggested the creation of a portfolio of Minister of State for home security - not homeland security like that of the idiot Bush - because we have a primary responsibility to the people of this country.

I thank God I have paid my mortgages. I have no mortgage. I have no debt. I even have the prospect of-----

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