Promissory bonds legislation
Mathews repeatedly demands legislation addressing €25 billion in outstanding promissory bonds, citing the depleted pension reserve fund and wider housing, hospital and homelessness crises. The Ceann Comhairle rules him out of order, threatens sanctions, and ultimately orders him to leave after he refuses to resume his seat.
This is legislation. It is the game-changing promise in June 2012. We have €25 billion of promissory bonds long-dated to 40 years outstanding at the moment.
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I am not starting again. Please bear with me, a Cheann Comhairle.
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I am not bearing with you. This is about promised legislation and it happens every time I call the Deputy. I was not going to call him and in future I will not if he keeps going on like this.
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The Taoiseach understands we need legislation.
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The National Pensions Reserve Fund was raided, Taoiseach.
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The Taoiseach is not going to answer your question. We are moving on to the Equality in Education Bill 2015. I call Deputy Jonathan O'Brien.
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The National Pensions Reserve Fund was depleted by €17 billion in 2012. We have a crisis in housing, a hospitals crisis and a homelessness crisis.
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Please resume your seat. You will be taking a walk once again if you are not careful.
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We have €25 billion of bonds that should be torn up.
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Resume your seat or I will have to name you, which means you will be out for three days.
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Would that not be awful? There are five working days left.
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Why not ask the Taoiseach if he would like to answer the question?
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Deputy Mathews could be going for an early shower.
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I will resume my seat in 30 seconds.
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The €25 billion in bonds should be torn up.
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Resume your seat. I am on my feet and, in accordance with Standing Orders, the Deputy must resume his seat while I am on my feet.
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We are all on the same side. We want to serve the people.
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The Order of Business is what we arrange. This is really upsetting.