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Seanad
‹ Order of Business

Junior bondholder payments and media

Summary

Senator Keane defends the Taoiseach’s statements that Irish people should come before junior bondholders, then calls for debate on media negativity and its social effects.

I want to quote what was actually said by the Taoiseach; the Minister of State, Deputy Simon Harris, and the Minister for Transport, Tourism and Sport, Deputy Paschal Donohoe, about the junior bondholders because when reporting anything, it is important to tell the entire story.

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David P.B. Norris Senator David Norris Independent

What about the Minister for Finance, Deputy Michael Noonan?

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Denis O'Donovan An Leas-Chathaoirleach Fianna Fáil

Senator Cáit Keane to continue, without interruption, please.

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I am talking about the Taoiseach and-----

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David P.B. Norris Senator David Norris Independent

The Taoiseach cannot add-----

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Denis O'Donovan An Leas-Chathaoirleach Fianna Fáil

Please, Senator.

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I ask Senator David Norris to withdraw his statement about the leader of the country.

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David P.B. Norris Senator David Norris Independent

I will not withdraw it, as it is perfectly true.

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The Taoiseach stated: "I do not see any circumstances in which junior bondholders will be paid...".

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What about the law?

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The people of Ireland come first in the pecking order.

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David P.B. Norris Senator David Norris Independent

They do not and never have.

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Denis O'Donovan An Leas-Chathaoirleach Fianna Fáil

Senator Cáit Keane to continue, without interruption, please.

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We all know that we are bound by laws. We are bound by the Judiciary and judicial procedures in terms of bonds, shares and everything else, but the people of Ireland come first.

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David P.B. Norris Senator David Norris Independent

They do not.

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Denis O'Donovan An Leas-Chathaoirleach Fianna Fáil

Senator Cáit Keane to continue, without interruption, please.

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The Taoiseach said that.

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David P.B. Norris Senator David Norris Independent

Frau Merkel's lap-dog.

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When Senators are quoting, I wish they would quote what the leader of the country said also.

I compliment the students of St. Mark's community school in Tallaght who have taken on the media for their negative reporting. When the Trinity access programme was being launched by the Tánaiste, an event which was attended by 1,300 students from around the country, she was not even asked one question about the programme or how children from deprived areas, as well as good areas, could not access universities. The youth deserve praise for asking the media to embrace the positives in society. One letter read: "The youth of today are the future of this country and if our voices are suppressed even during our most important educational days then our fine country will never progress". Another read: "I would like to recommend that your newspaper doesn't always look at the negative side to our country but actually embraces and acknowledges the positives in our society ...".

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David P.B. Norris Senator David Norris Independent

Well said.

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I hope we can have a debate on negativity and positivity both in society and in the media, and what it does to the person and the country. I ask for a debate on that issue and ask that we carry out research on it prior to the debate.

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Denis O'Donovan An Leas-Chathaoirleach Fianna Fáil

The point is made.

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