Fine Gael Leader Enda Kenny TD (left) yesterday challenged Taoiseach Brian Cowen during Leader’s Questions in the Dáil to clarify the Government’s plan to protect the estimated 100,000 hard-pressed mortgage holders that are struggling to meet their monthly repayments.
“There is a storm brewing for up to 100,000 hard pressed Irish mortgage holders struggling to meet their huge monthly payments. The Taoiseach today gave me no confidence that they have plans to protect these young families. One of the Government’s key recommendations expects homeowners to simply hand back the keys and apply for social housing. Read more
Donegal North East Fine Gael TD, Deputy Joe McHugh
Fine Gael’s Joe McHugh has secured the agreement of the Communications, Energy and Natural Resources Oireachtas Committee for a hearing with the communications regulator (ComReg) on the issue of mobile phone coverage across the country.
“We have the same experience almost everyday of the week. Areas of poor mobile phone coverage are frustrating us in going about our business. Deals lost, appointments missed, explanations misunderstood, the list of instances where basic communication is obstructed are endless and there is no sign that the situation will change. In particular, the potential for damage and frustration for businesses is obvious but remains unaddressed. Read more
Richard Bruton TD
Fine Gael Spokesman for Enterprise, Jobs and Economic Planning, Richard Bruton T.D. has expressed grave disappointment that the taxpayers bailout of Anglo bail is now at €24.4 billion following today’s temporary approval of a further €10 billion by the EU, which is a further €2 billion above the ‘worst case scenario’ figure previously presented by the Minister for Finance.
Deputy Bruton went on to say that NAMA must now cease purchasing loans from Anglo Irish bank as this is merely adding to the bill the taxpayer is being forced to pay to rescue the dead bank. Read more
The Central Bank quarterly report published yesterday once again exposes the lack of a tangible jobs strategy from the current Government, other than turning on the tap of emigration where we risk losing another generation of talented and skilled young people, according to Fine Gael’s Deputy Spokesman on Finance, Kieran O’Donnell TD.
“Ireland is destined for huge numbers of unemployed people for the foreseeable future with the only significant relief from the increasing number being a rapid acceleration of those emigrating due to economic necessity. Read more
Michael Noonan TD, Fine Gael spokesman on Finance
Fine Gael Finance Spokesman Michael Noonan TD has welcomed the successful stress test verdict on Bank of Ireland and AIB, but warned this has only been achieved at enormous risk to taxpayers.
“Having passed the stress test, Bank of Ireland and AIB can probably look forward to having access to funding at cheaper rates.
“But the banks can never be allowed to forget that they only reached this stage because taxpayers have put their collective necks on the line.
“We have seen variable mortgage rates creeping up over the last few months, even though the European Central Bank has kept its own rate untouched.
“The least that taxpayers should now expect is for Bank of Ireland and AIB to set an example by cancelling planned increases in variable mortgage rates. It’s the least that taxpayers deserve.”
Fine Gael Leader Enda Kenny TD has accused the Taoiseach and Brian Lenihan of exercising catastrophic misjudgements throughout the banking crisis, and of deliberately deceiving the public on the advice they received about Anglo Irish and Irish Nationwide.
“The fundamental duty of any government is to make decisions in the best interests of the people and the country. It is the duty of the Taoiseach, and his Government, to weigh up the advice given and to exercise sound political judgment thereafter. Read more
Michael Noonan TD, Fine Gael spokesman on Finance
“The Government’s policy on the banks is looking increasingly disorganised, fragile and downright ropey,” Fine Gael Finance Spokesman Michael Noonan TD said this afternoon following reports that the EU Commission has expressed serious concerns about the survival plan for Anglo Irish Bank.
“According to the Taoiseach, the €22 billion of taxpayers’ money forked out by the Government to bail out Anglo Irish Bank will disappear down a black hole. And even this figure has now been questioned as being overly optimistic by Dublin-based Glas Securities, which believes the ultimate cost will be billions higher.
To make room for this financial disaster, the Government is slashing investment in transport and other vital economic infrastructure needed to create jobs and kick-start economic recovery, he claimed.
Senator Dan Boyle's father came from Aranmore Island and he believes that the Donegal south west bye election will be in the Autumn, but was he chatting to the Tanaiste?
Tanaiste Mary Coughlan was giving very little away last night over any potential bye election in Donegal south west when she appeared on the ‘Week in Politics’ programme hosted by RTE’s Sean O’Rourke.
But Green party Senator Dan Boyle – himself with Donegal SW connections – was also quoted at the weekend that he expected the Donegal SW contest to be held in the autumn.
Deputy Coughlan was reminded that it was now 13 months since Donegal south west had lost one of its three sitting TD’s to Europe in the guise of Pat the Cope Gallagher.
However she pointed out that the constituency had herself, the Tanaiste, an MEP Pat the Cope, Fine Gael’s Dinny McGinley and two senators and therefore the constituency was well represented. Read more