Sinn Féin - On Your Side

Sinn Féin President backs Dáil TDs opposition to NAMA

16 September, 2009 - by Pat Sheehan


Sinn Féin President Gerry Adams, speaking from Leinster House as the Dáil reconvened to discuss NAMA said opposition parties had to do everything in their power to prevent the passage of NAMA. Commenting on the ejection of the party’s spokesperson for Finance Arthur Morgan TD from the Dáil, Mr Adams said that Sinn Féin’s representatives would do everything within their power to give voice to the public anger over NAMA and the demand that its passage be stopped.

Mr Adams said:

“It is incumbent on every opposition party to fully express their opposition to NAMA which will cost approximately €12,000 for every man, woman and child if it is allowed to be pushed through. And that is before the cost of recapitalisation is taken into account. Fianna Fáil and the Green Party are determined to pass this Bill with the slimmest of majorities. They must be stopped.

“The anger among ordinary people who are facing repossession of their homes and businesses, who are living in negative equity and up to their neck in debts, is palpable. They are furious at what the government is trying to do. As shown by Arthur Morgan TD today when he challenged the Taoiseach, Sinn Féin’s representatives will do everything within their power to give voice to the public anger over NAMA and the demand that its passage be stopped.

“I took the opportunity while at the Dáil today to challenge the Minister for Finance. I told him that what the government was doing was economic madness, bailing out banks without guarantees to citizens. It is grossly unfair. There is no NAMA for those on dole queues or facing repossession of their home. I put it to him that the banks should be nationalised so that instead of taxpayers’ money being used to bail out rich bankers, the state would control the banks and ensure that credit was available for medium and small businesses.” ENDS

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