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Seanad
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Cyprus resistance to bailout

Summary

Senator Norris praises Cyprus for rejecting the proposed depositor levy, criticises European economic governance and seeks a debate on the wider assault on citizens’ savings.

David P.B. Norris Senator David Norris Independent

As an honorary Cypriot I send a message of praise, congratulations and support to the courageous people of Cyprus. Brave little Cyprus, small as it is, is unique in standing up to the thugs and bully boys of the Eurocracy. We lay down and let them bulldoze all over us. Not one member of the Cypriot Parliament voted for this disgraceful thing. Our abolitionist Taoiseach could not wait to get out and say that this was good for Europe, good for Cyprus, good for all of us.

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Paddy Burke An Cathaoirleach Fine Gael

Is the Senator looking for a debate on the issue?

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David P.B. Norris Senator David Norris Independent

Yes, I am. The system has cracked from top to bottom. Five years ago - please God someone will start to listen now - I started saying this and will now put it as simply as I can. The mistake being made is that all over Europe half-baked politicians, analysts and economists are saying we must preserve the system. Good governance starts with the welfare of the people and one then adjusts the system to the requirements-----

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Paddy Burke An Cathaoirleach Fine Gael

Does the Senator have a question for the Leader?

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David P.B. Norris Senator David Norris Independent

Will he accept that in raiding the National Pensions Reserve Fund, through the pension levy and the property tax they have their fingers in our pockets, just as they have in Cyprus? Do Members remember the advertisement in which someone was pickpocketing------

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Paddy Burke An Cathaoirleach Fine Gael

The Senator is way over time.

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David P.B. Norris Senator David Norris Independent

That is what they are doing. We lay down, but thank God for the Cypriots. They are courageous and a great little people and I am proud to have a house in that country. We have one person in this country of whom we can be proud, Mrs. Mary Robinson, in terms of what she has been elected to do.

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