Seanad debates

Wednesday, 27 June 2012

European Stability Mechanism Bill 2012: Committee and Remaining Stages

 

12:00 pm

Photo of David NorrisDavid Norris (Independent)

Well, it undermines it, in my opinion. As for the firewall, a firewall made out of firelighters is not an awful lot of use. It is madness. Half of the countries that are supposed to be contributing are bankrupt. We know they are bankrupt. Where are they borrowing the money from? Senator Marie Louise O'Donnell told me the other day that she had seen a performance by the comedian Tommy Tiernan in which he said that Ireland owed a hundred billion million, Greece owed a hundred trillion squillion, and so on; everyone seemed to be borrowing, and his conclusion was that we should find the person we have borrowed the money from and shoot him. That was a comic way of looking at things.

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