David Norris (Independent) | Oireachtas source

As an honorary Cypriot I send a message of praise, congratulations and support to the courageous people of Cyprus. Brave little Cyprus, small as it is, is unique in standing up to the thugs and bully boys of the Eurocracy. We lay down and let them bulldoze all over us. Not one member of the Cypriot Parliament voted for this disgraceful thing. Our abolitionist Taoiseach, Deputy Enda Kenny, could not wait to get out and say that this was good for Europe, good for Cyprus, good for all of us.

That is rubbish. It is rotten and the morons in Europe do not have the wit to realise they have no strategy. They stagger from crisis to crisis, in dribs and drabs. They are responsible for the crisis in Cyprus because what they did to Greece, at the behest of those involved in international finance, triggered the crisis in Cyprus. We should address this issue with honesty. I could not believe my ears when I heard the Minister of State, Deputy Lucinda Creighton, on the wireless last night. She had the sheer effrontery to say the bank guarantee in Ireland had been introduced to protect small investors. That is an insult to people here and it is an outrage to have it said by a responsible person. We were told by the European Union, the IMF and the ECB that we could not name the bondholders, but I am glad I did so in this House. We certainly could not burn them because they were protected. In the same breath we were told the investors, the people who had put their savings into the bank, who were not gamblers, were supposed to be protected even more. Of course, the contagion will spread all over Europe. The penny still has not dropped.