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Dáil
‹ Order of Business

Promissory bonds legislation

Summary

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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Seán Barrett An Ceann Comhairle Fine Gael

Please do not start off again, Deputy.

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I am not starting again. Please bear with me, a Cheann Comhairle.

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Seán Barrett An Ceann Comhairle Fine Gael

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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Seán Barrett An Ceann Comhairle Fine Gael

Everybody else has to adhere to the rules of the House bar you in your mind.

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The National Pensions Reserve Fund was raided, Taoiseach.

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Seán Barrett An Ceann Comhairle Fine Gael

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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Seán Barrett An Ceann Comhairle Fine Gael

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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Seán Barrett An Ceann Comhairle Fine Gael

Please resume your seat. The Deputy's microphone is to be turned off.

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This is becoming a nonsense.

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Seán Barrett An Ceann Comhairle Fine Gael

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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Seán Barrett An Ceann Comhairle Fine Gael

Take the choice. Resume your seat.

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Why not ask the Taoiseach if he would like to answer the question?

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Seán Barrett An Ceann Comhairle Fine Gael

You are out of order. Resume your seat, please.

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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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Seán Barrett An Ceann Comhairle Fine Gael

You will not take 30 seconds.

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The €25 billion in bonds should be torn up.

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Seán Barrett An Ceann Comhairle Fine Gael

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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You are not on our team, Peter.

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Seán Barrett An Ceann Comhairle Fine Gael

Leave the House.

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The Order of Business is what we arrange. This is really upsetting.

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