Seanad debates
Wednesday, 27 June 2012
European Stability Mechanism Bill 2012: Committee and Remaining Stages
12:00 pm
David Norris (Independent)
It strikes me as absurd if the insurance premium one has to pay exceeds the value of the items one is insuring. That is what we are in danger of doing. It is common sense.
I encouraged the former Minister Charlie McCreevy when he said he was putting a little aside for a rainy day. It was nowhere near enough.
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