David Norris (Independent)

I seek the adjournment of the Seanad under Standing Order 30 to discuss a matter of public importance: the need for Seanad Éireann to discuss the terms of the IMF bailout, the involvement of the Oireachtas in its approval and democratic accountability to the people. A deal has been done over the heads of the people by a discredited Government, which has lost the support of the electorate, with unelected and unaccountable financial interests. I urge the Cathaoirleach to take into account the views of Dr. Krugman, the Nobel prize winning economist, who said: "These debts were incurred, not to pay for public programmes, but by private wheeler-dealers seeking nothing but their own profit."