This morning in Leaders' Questions the Labour Leader Eamon Gilmore voiced the concerns of the nation when he said how people were in shock and bewildered by the huge size of the figures and amount of money to be paid for the bail-out of Anglo Irish Bank.
Eamon went on to say how the Government, with the State guarantee for Anglo Irish Bank, has provided a blank cheque for the bank and yesterday we finally heard details of how that blank cheque would be filled in.
"The Irish economy and banking system is not only affected by an international crisis which has to be addressed but it also in a unique crisis because of the policies pursused by his Government working hand-in-glove with property developers and bankers which created the property bubble and over-priced houses," the Labour Leader Eamon Gilmore TD told the House today during Leaders' Questions today before the Government announced the details of the banks bailout plan.
Eamon went on to say how the result of the Government's plan is resulting in working families struggling with properties that are valued at less than their mortgages which in turn have increased significantly.
In the Dáil today during Leaders' Questions the Labour Leader Eamon Gilmore TD said the Government's proposals for a banking inquiry is not an inquiry into what went wrong with the banks and how we can learn from it
Our proposal, which is being debated again this evening during Private Members seeks a parliamentary inquiry similar to the DIRT inquiry.
Eamon called the Government's proposals 'unacceptable' saying they would only serve to cover the bad decisions made by the Taoiseach and the Government and would not deal with what went wrong in the banking system so that we can learn from it.
"Fianna Fail want a private inquiry. The rest of us want a public inquiry.
"What exactly has changed, if anything, at the top level of our major banks in return for the taxpayers' largesse? Eamon Gilmore TD, Leader of the Labour Party asked this afternoon, during Leaders' Questions.
Eamon was referring to the NAMA legislation which proposes to put €54 billion in Government bonds to take bad loans off the banks and in return big changes would be made at the top of the banks.
Leaders' Questions this afternoon centered again on the Bank Guarantee Scheme when the Labour Leader Eamon Gilmore TD challenged the Government's decision to extend the bank guarantee indefinitely.
Eamon said: "Buried away in part of schedule 2 of the bill (the Financial Measures Misc Provisions Bill which is being discussed in the Dáil this evening) is an amendment to the legislation which brought in the bank guarantee scheme. That amendment lifts the two year time limit on the scheme and gives power to the Minister for Finance to extend the guarantee by Ministerial Order for any period of time."
He went on to describe the guarantee scheme as a 'disaster to the taxpayer'.
With each day that passes it seems that more and more revelations are coming out about the behind the scenes dealings in Anglo Irish Bank.
In Leaders' Questions today the Labour Leader Eamon Gilmore asked the Taoiseach why he continued to give a tax advantage to what is essentially a form of shared gambling that was used extensively by major shareholders in Anglo Irish Bank.
You can find out more in the accompanying video and read the full debate in the Oireachtas website.
Dominating this morning's Order of Business in the Dáil was Minister Dempsey's claim that he was kept in the dark regarding the Aer Lingus decision to scrap its Shannon - Heathrow route despite the fact that it is now clear officials in his department knew six weeks previously.
Given the importance of the route to the West and Mid West region, it makes no sense at all that the Minister's department would know and the Minister was oblivious. The Labour Leader Eamon Gilmore led the Dáil in demanding an explanation on the matter.
You can read Deputy Jan O Sullivan's statement on the issue here and more on RTE on the Dáil exchange.