Sean Barrett (Independent) | Oireachtas source

I thank the Minister. The fiscal council that has been assembled is a very good body. Many institutions, people and bodies got us into this trouble and none should be exempt from scrutiny by the fiscal council. We are spending much time and effort, not least on the Government benches, trying to rectify these problems. We must ensure it never happens again. The real moral hazard is that those who caused these problems escape. There is no point in the banks saying that moral hazard is caused by people who borrowed too much to buy a house. Those who got this country into such dire straits will now face independent scrutiny, which is to be welcomed. I commend the Minister on bringing the Bill through all Stages in the House.