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Taoiseach defaulting on commitments to Irish people – Adams

14 March, 2012 - by Gerry Adams TD


Sinn Féin President and Louth TD Gerry Adams, speaking during Leaders Questions in the Dáil this morning, accused the government of acquiescing at every turn to the EU and of expecting Irish citizens to pay for its folly.

The Sinn Féin leader pointed out that €3.1 billion promissory note to be paid on March 31st is “the equivalent of 19 years’ worth of household charges. It is €3.1 billion which could create jobs and stop our young people from immigrating.”

Addressing An Taoiseach Enda Kenny, Teachta Adams said:

“The reality is, and this is the elephant in the room, that Irish citizens are paying for the greed of Anglo, for big bankers, and for developers and you keep saying that this is how it must be.

“‘We never looked to a debt write down’, you say. That’s why you’re not going to get it. You’re not looking for it. You also say that we are not going to have the name defaulter written on our foreheads.

“Taoiseach you are defaulting. You are defaulting on your election commitments. You are defaulting on your office as Taoiseach and your responsibilities to the people of this state and the people of this island.

“Taosieach you need to say it very loudly and very clearly – we cannot and will not pay this €3.1 billion and then you will see a real negotiation.”

Text of Mr. Adams Dáil remarks:

“Taoiseach last evening EU Commissioner Rehn bluntly told you, despite all the Government leaks and spin, that Ireland must pay the €3.1 Billion Promissory note in two weeks’ time.

“Mr Rehn arrogantly claimed that respecting commitments and obligations is a key tradition in EU law. Since when?

“This “law” was never applied to France or Germany when year after year they both regularly breached the stability and growth rules.

“But tá difir ann Taoiseach. French and German leaders stand up for themselves and their people. Just as the Spanish PM did.

“You won’t do this Taoiseach. You acquiesce at every turn - and you expect Irish citizens to pay for your folly.

“You are very clear about this. Stealth taxes, cuts, VAT increases, septic tank charges, the Household charge. You insist that Irish citizens must pay for the greed of bankers and developers no matter about the social consequences.

“€3.1 billion, which you will pay at the end of this month, is the equivalent of 19 years’ worth of household charge, €3.1 billion which could create jobs and stop our young people from emigrating.

“This works out at approximately €688 for every single man, woman and child in the state this year.

“We cannot afford it. Why don’t you start a real negotiation? If you don’t ask you won’t get. Tell the ECB now that you will not and you cannot pay this €3.1 billion.”

Speaking in his Supplementary the Sinn Féin leader added:

“Taoiseach you say this is about terms and conditions. It’s not about write down. In other words you are going to pay the €3.1 billion. It’s just over what period you are going to pay it and how long that’s going to go on and how many generations have to put up with that.

“You also say that the negotiations are detailed and technical as if we didn’t understand what negotiations are like.

“But last night Minister Noonan said that the Promissory note did not feature on the agenda of this week’s Finance Ministers meeting and will not feature at the next one.

“The reality is, and this is the elephant in the room, that Irish citizens are paying for the greed of Anglo, for big bankers, and for developers and you keep saying that this is how it must be.

“‘We never looked to a debt write down’ you say. That’s why you’re not going to get it. You’re not looking for it.

“You also say that we are not going to have the name defaulter written on our foreheads.

“Taoiseach you are defaulting. You are defaulting on your election commitments. You are defaulting on your office as Taoiseach and your responsibilities to the people of this state and the people of this island.

“Taoiseach you need to say it very loudly and very clearly – we cannot and will not pay this €3.1 billion and then you will see a real negotiation.” ENDS

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