Seanad debates

Wednesday, 24 April 2013

10:40 am

Photo of David NorrisDavid Norris (Independent) | Oireachtas source

I am. By God I am. I most certainly am. I am sure everybody in this House would want a debate because this is a Parliament elected by various means. The other House is another part of our Parliament. We are not allowed to say anything. The bankers who have led us into this slaughterhouse are still dictating to us. I find that grossly offensive, immoral and probably unconstitutional. A spokesperson for the Department of Finance said it is, unfortunately, a lot more secretive than we are. It is not tolerable.

There are repercussions for people down the chain. I have a communication from someone who is in the process of purchasing a property in liquidation from IBRC. He has paid the deposit. He has agreed the sale. He has got a mortgage and he is paying it. He is still paying rent but he cannot get the keys of the house and he cannot get any information. This man is going to be driven into bankruptcy by people in Europe because he is not allowed to know or to nudge things along. All the material has been provided but he cannot find out anything. That is not tolerable. I ask the Leader to organise a debate on the issue.

This point might appear inconsistent but I do not think it is. I will end on it. The issue relates to the chief executive of Bank of Ireland. I had to laugh this morning when I heard people on the radio who I remember very clearly fulminating in favour of Anglo Irish Bank and its proceeds and proceedings and attacking this man for what he was doing. I do not know anything about it but I will say this. I can understand the position of the Government because if one is trying to realise an asset one does not send out a message to the international community that one has no confidence in the person who is running the bank. I do not like the capitalist system at all-----

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