Labour Blog

Labour Blog

What is the bottom of the pit as far as Anglo is concerned, Gilmore demands

Posted on June 02, 2010 at 05:00 PM

"What is the bottom of the pit as far as Anglo is concerned? Eamon Gilmore TD Leader of the Labour Party asked the Taoiseach today during Leaders' Questions.

He raised the issue of Anglo after another €2billion of taxpayers' money was committed to the bank this week bringing to €14.3billion the total amount of taxpayers' money given to the bank.

"How much more will be p[aid over or committed to this bank? What is the bottom line?... It is extraordinary that we seem to have two different types of language when we talk about taxpayers' money.

"When we talk about money needed for schools, special needs assistants, pensioners, those on social welfare and pay for employees of the State, the country is broke and there is no money for them.

"When we come to talk about the money that is going into Anglo Irish Bank, we talk about billions as if it were Monopoly money and did not matter."

Watch Eamon's full contribution on the accompanying video while the full transcript of the Dáil debate will be available later on the Oireachtas website. You can also see more blog posts about Anglo in our archive.

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