Seanad debates

Thursday, 1 July 2010

10:30 am

Photo of Nicky McFaddenNicky McFadden (Fine Gael)

He has also been asked to deal with the issue of waste. It is time for the Taoiseach to restore our reputation with this US company, to intervene to implement Government policy and to remove the Minister, Deputy Gormley so that he does not have a conflict in this matter.

Another issue which really saddened me today is the new data from a leading financial journal stating that losses at Anglo Irish Bank are the worst recorded losses anywhere in the world of any bank, worse than Citibank or Royal Bank of Scotland and we have bailed it out to the tune of €22 billion. We have bailed out the developers and Fianna Fáil and the bankers. The Government should mark my words: not one rogue banker will go to jail. This is a terrible situation. We have been led a merry dance to pay for their crime and it is a crime.

The Minister for Health and Children came to the House yesterday. She hopes to save €2 million by introducing a prescription charge Bill. The people who will pay are the poorest of the poor, the sick people, while at the same time we are bailing out the banks to the tune of €22 billion. It is outrageous and the Government has stood idly by. Nursing homes have been closed; home care packages have been reduced; Alzheimer's patients are not getting the care packages they need, including respite care, while services for people with disabilities have been cut. St. Luke's Hospital is also being closed.

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