Seanad debates

Wednesday, 24 March 2010

Order of Business (Resumed).

 

10:30 am

Photo of Paschal DonohoePaschal Donohoe (Fine Gael)

If this Taoiseach is not capable of producing the Departments or the people that are capable of giving hope to this country and driving innovation, we should be debating a report that was produced last week which lays out how this could be done.

I support what my colleagues said about Anglo Irish Bank. We need to have a debate on what happened yesterday. We need to understand whether the decision made marked a return to the excess and waste seen in the bank in the past which led to an enormous failure or if it is about trying to put it on a sustainable path. It beggars belief, when virtually everyone else in the public service in particular, of which Anglo Irish Bank is now part, has experienced pay cuts, that a small number within the institution which was nearly single-handedly responsible for the disaster the country faces are receiving a wage increase.

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