Spent the morning in a special Fine Gael parliamentary meeting reviewing the results of the local, European and bye elections. We started at 9 and finished at 2. All I will say about the meeting was that everyone was very clear about the challenges facing the country and that we need to respond in this completely new economic and political environment.
June 30, 2009
Schedule for this week now published. A busy week ahead. Legislation includes the Criminal Justice Bill, the Broadcasting Bill, the Local Government Charges Bill, the Housing Bill, the Aviation Billl, the Health Insurance Bill, the Justice Bill and the Enforcement of Court Orders Bill. The Transport and EU affairs committee is in session too. During the Order of Business on Tue, Wed and Thursday I plan to raise the recent CSO earnings data and the new information on ASBO enforcement.
June 29, 2009
More news from our representative in Washington.
Click HERE to read Ambassador John Bruton’s Weekly Message
June 25, 2009
This bill entered the Seanad today. This scheme is one of the many responses to the banking crisis. It’s main provisions include placing the state guarantee scheme of €100,000 on a statutory footing for a longer period of time, giving the Central Power responsibility for this scheme and including credit unions in the deposit plan.
I debated this at second stage today. In my contribution I raised a number of (what I felt were) important questions. They included would the extension of the banking deposit scheme actually encourage risky behaviour from banks in the long run, how would the deposit scheme be funded in the event of a bank run and finally, what what will be the new regulatory set up for Ireland.
Didn’t get a good response to these questions but will try again at committee stage.
June 18, 2009
More news from our representative in Washington.
Click HERE to read Ambassador John Bruton’s Weekly Message
June 18, 2009
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