Labour Blog

Labour Blog

Blog Archive | Finance

In the case of the banks, which is the dog and which is the tail? asks Gilmore

Posted on October 20, 2009

"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.

Read the full entry »

Permanent link | Comments | Categories: Finance

If banks get a break, so should householders - says Gilmore

Posted on October 14, 2009

As tens of thousands of people face the prospect of having their homes repossessed by the same banks who will benefit from NAMA, the Labour Leader Eamon Gilmore TD has called on the Government to place a moratorium on home repossessions for a period of time.

Eamon cited the ESRI report which has estimated that by the end of 2010 35,000 people will not be able to repay their mortgage.

He said: "The people who are having difficulty today in repaying their mortgage are those who had good jobs a year or two ago, and certainly at the time they took out the mortgage. Hopefully, they will have good jobs again when we come through the economic difficulty.

Read the full entry »

Permanent link | Comments | Categories: Finance

No assurances on the closure of garda stations

Posted on September 23, 2009

During Leaders' Questions today the Labour Leader Eamon Gilmore TD challenged the Tanaiste over her failure to rule out the closure of Garda stations as recommended in the McCarthy report/An Bord Snip.

Eamon said: "There is a recommendation in the McCarthy report [concerning] the closure of 350 small garda stations. Will you give the House an assurance that those stations will not be closed?"

The Tanaiste was not able to give any assurances.

As always Eamon's contribution can be viewed on the accompanying video while you will be able to read the full transcript of Leaders' Questions later today on the Oireachtas website.

Permanent link | Comments | Categories: Finance

Gilmore questions Tanaiste on Anglo investigations

Posted on September 22, 2009

Despite being nine months since we first heard about the practices going in Anglo Irish Bank where directors paid themselves huge bonuses, organised back to back loans shifting money from one institution to another, we have heard little about anyone being called to book regarding what was happening, the Labour Leader Eamon Gilmore TD said during Leaders' Questions in the Dáil when he quizzed the Tanaiste about delays into investigations into the bank.

"Around the same time Bernie Madoff was arrested in New York. Since then he has been tried, convicted and jailed for 150 years. Unfortunately, in the same time we have heard very little about anybody being called to book regarding what happened in Anglo Irish Bank."

Read the full entry »

Permanent link | Comments | Categories: Finance

NAMA Bill debated in the Dáil

Posted on September 17, 2009

Yesterday and today saw the second stage of the NAMA Bill being debated in the House.

Kicking off the debate for Labour was our Spokesperson Joan Burton TD and you can catch her contribution on our You Tube channel, part 1 is here and part 2 is here.

This morning it was the turn of party leaders to lead the debate.

Part 1 of Eamon's contribution is the accompanying video on this post while you can catch part 2 on You Tube. (Each video is about 20 minutes in length.)

Permanent link | Comments | Categories: Finance

Gilmore demands Cowen apologise for wasting taxpayers' money

Posted on September 16, 2009

This afternoon saw the first Leaders' Questions of the Dáil session and the Labour Leader Eamon Gilmore TD used the time to demand that Cowen apologise for wasting taxpayers' money.

"People are already losing jobs and businesses. It is a very difficult time. While the Taoiseach is asking people to do that, we are being informed on a weekly and daily basis of the extent of the waste of taxpayers' money which his Government has presided over for the past number of years...

Read the full entry »

Permanent link | Comments | Categories: FinanceLeaders Questions

Stop NAMA demonstration

Posted on September 16, 2009

Stop NAMA - Cllr Aodhan O'Riordain and the Labour Leader Eamon Gilmore TD at the Stop NAMA demonstration held in front of the Dáil.
Cllr Aodhan O'Riordain and the Labour Leader Eamon Gilmore TD at the Stop NAMA demonstration held in front of the Dáil.

Addressing the approximately 1,000 attendants at this afternoon's Stop NAMA demonstration the Labour Leader Eamon Gilmore TD said the Government approach to the banks is wrong and that is why the NAMA Bill must be stopped.

"The Labour Party has been consistent in our opposition to the NAMA plan since it was first mooted by Fianna Fail. Our banking system has been brought to its knees by the rampant greed and speculation of our banks and developers.

"Together with Fianna Fail they make up a 'toxic triangle' that has destroyed our economy, sending Ireland into the deepest and maybe even the longest, economic depression of any advanced economy since the Second World War."

Read the full entry »

Permanent link | Comments | Categories: Finance

Stop NAMA

Posted on September 11, 2009

Stop NAMA

Show your opposition to NAMA

 

1pm next Wednesday, 16th September, 2009 - Leinster House

 

Please pass on the details of this protest to your friends and family. You can download the Stop NAMA sign on Flickr.

Permanent link | Comments | Categories: Finance

Joan on Nama

Posted on September 08, 2009

'May you live in interesting times' - so goes the Chinese curse.

The next 100 days could be the most interesting times an independent Ireland has seen yet. The word 'historic' may well be a hackneyed cliché, but it's quite possible that the months that lie ahead will come to be viewed as such many years hence.

First up is the Lisbon Treaty - given Ireland's financial predicament, Ireland now needs Europe more than ever. A Yes vote won't guarantee recovery, but a No vote would make it that much more difficult.

Read the full entry »

Permanent link | Comments | Categories: FinanceJoan Burton

The Taoiseach is dithering and delaying

Posted on July 08, 2009

Today saw the last Leaders' Questions as the Dáil prepares to recess for the summer on Friday. Despite the fact that the Dáil will not sit again until September, we are still waiting on details of the Government's economic recovery plans.

The Labour Leader Eamon Gilmore TD criticised the Taoiseach for not publishing the McCarthy report (on An Bord Snip Nua) and details of NAMA (National Assets Management Agency) before the summer recess.

"The Taoiseach has come in here and told us that he does not want to defer decisions but he has done nothing else. This is not the Taoiseach's own business or a matter for private discussion by the Government. It is public business.

Read the full entry »

Permanent link | Comments | Categories: Finance

... 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16
(151 blog posts)