Seanad debates

Thursday, 2 December 2010

EU-IMF Programme for Ireland: Statements

 

1:00 pm

Photo of David NorrisDavid Norris (Independent)

I welcome the Minister of State, Deputy Seán Connick. I wish to comment on the speech of his immediate predecessor in that seat today, namely, the Minister of State, Deputy Mansergh, who made a valiant stand on television last night but whose speech today requires closer examination. He stated that without this programme our ability to continue to fund essential public services such as social welfare payments and the salaries of doctors, nurses, teacher and the Garda would have been seriously compromised and highly uncertain. That is a devastating admission. It is astonishing. In other words, the entire public apparatus of this country would come to a halt. That is bankruptcy; there is no other word for it. It is appalling to think that we have to hear such an admission in this House. I am not in the blame game and I do not select particular targets but this was a devastating statement.

The Minister of State went on to say that €50 billion of €67.5 billion relates to the funding of vital public services in the coming three years. I suggest that if we do not have access to this kind of money vitality will cease. The language of the speech is very instructive. Apparently, as indicated in the speech, there is a disagreement between the Minister of State and the European Commission with regard to growth figures. We think the figure is nearly 2%; the Commission believes it will be less than 1%. I would be more inclined to trust the Europeans because they have not got quite so many figures wrong. However, one hopes the Government is right.

The Minister of State noted that the programme has adopted in its entirety, as a road map, the measures set out in the national recovery plan. Basically, we were told what to do, a matter I will return to presently. He noted the State is in a strong position and able to contribute €17.5 billion from its own resources, including the National Pensions Reserve Fund. We were told to do that. We were directed to do it. That is robbery. It takes the future from people in this country and that is a disgraceful thing to force us to do.

The European Central Bank is just as culpable as we are, as a Government and as a Parliament. The Irish people are 100% blameless for the catastrophe, the bill for which is now being presented to them. There is a train crash coming down the line in regard to the pension situation and this will not help the situation.

I am delighted the Minister of State, Deputy Mansergh, has made a reappearance.

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