Seanad debates
Tuesday, 6 July 2010
Order of Business
12:00 pm
Dan Boyle (Green Party)
It is on that area that we need to have the debate. We have advanced the motorway programme to the extent that it is now largely completed. Given the state of our public finances, there are projects that can and should be put on hold. It is on that area that we need to have a debate on the national development plan.
In regard to the banking inquiry - we may have an opportunity when dealing with the Central Bank Reform Bill to discuss the wider issues in this respect - it should be pointed out that the Minister has been very co-operative and that the reports that have been produced have been very open and blunt. The Bill coming before us today represents an innovative approach towards regulation that we lacked so badly in this country. There is no doubt that the import of the two reports, particularly Professor Honohan's report, is that the main culpability for our banking crisis lies with the banks. While we have had some movement, in terms of new chief executives, board members and chairs of boards, there are people who are still in place who have made-----
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