Wednesday, 6 February 2013
Dáil Éireann Debate
[Deputy Arthur Spring: ] What about the facts?
Deputy Micheál Martin: I did not interrupt the Taoiseach or the Tánaiste.
Acting Chairman (Deputy Joanna Tuffy): There should be no further interruption.
Deputy Pat Rabbitte: What about the guarantee going forward?
Deputy Micheál Martin: In that context, when the Minister came to power there was €36 billion for unguaranteed bondholders, with €16 billion of that unguaranteed and unsecured. Every one of them was paid.
Deputy Mattie McGrath: With interest.
Deputy Micheál Martin: That was nothing at all to do with the bank guarantee or the bailout. There should be less grandstanding. The parties opposite promised before the last election that they would burn the bondholders. That did not happen and the Government moved to the promissory note. That was fine.
Deputy Michael McNamara: I suppose the Deputy is not looking to score points.
Deputy Micheál Martin: At this stage the people deserve better than the melodrama and grandstanding.
Deputy Brendan Howlin: The Deputy does not grandstand.
Deputy Pat Rabbitte: The Deputy is one of the authors of this mess.
Deputy Micheál Martin: The people should be able to do without that.
Deputy Pat Rabbitte: The people know that.
Deputy Micheál Martin: The Minister is being disorderly this evening as he does not like the truth.
Acting Chairman (Deputy Joanna Tuffy): The Minister should allow the Deputy conclude.
Deputy Micheál Martin: He does not like the truth. I am saying very calmly what is the truth.
Deputy Pat Rabbitte: It is very hard to listen to this after the mess those opposite left us in.
Deputy Micheál Martin: The Minister is being disorderly, as ever, because he does not like the truth. I would like the opportunity to continue my speech and to be afforded the same opportunity I afforded the Taoiseach, Tánaiste and the Minister. We did not interfere or intervene with any speaker and I would appreciate it if I could be afforded the same courtesy by the Minister, Deputy Rabbitte, and others.
Deputy Pat Rabbitte: Do not misquote the Government.
Deputy Micheál Martin: I have misquoted nobody this evening. The leak of information which caused this emergency session should be investigated. It means we are proceeding with one part of a deal before the whole deal is agreed. It is hoped that this will not cause further problems on top of the reported annoyance at political posturing by Ministers. In the limited time we have had available to be briefed or to seek advice, it appears that this legislation is a legitimate part in a process of lessening the impact of banking debt on the public finances. However, there are number of important questions we would like the Government to answer.
Deputy Mattie McGrath: Hear, hear.
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