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Snippet Contents:

That says a lot about what is happening in this country. The vulture funds swoop in to buy up the land and property assets which NAMA sells to them, and the housing crisis is thereby exacerbated and perpetuated. Apparently that is good for us. It indicates how it was actually encouraged. That is why there were 65 meetings with these vulture funds. It is because Fine Gael asked them to come in and buy up the property and said, "By the way, if you do come in, we have a thing called section 110 where you won't pay any tax on the capital gains and all the profits you make." The net result is the worst housing and homelessness crisis in the history of the State.
We are positioning ourselves on the extreme neo-liberal wing of the European Union. At a time when some in the Union are questioning whether it is a good idea to allow these vultures and multinationals to come in and buy up our assets and strategic infrastructure, the Taoiseach and his Fine Gael colleagues are saying that it is actually quite good to let these people in and that we should not put barriers in their way. I find that bizarre, particularly in the context of Brexit. As has already been stated, what we need to do is say that the fiscal rules make no sense now because they are crippling our ability to invest in the infrastructure we need. In addition, the state-aid rules make no sense whatsoever at a time when we need to give state aid to particular sectors, industries and enterprises in the face of the economic challenge Brexit represents. However, the Taoiseach's commitment to the free-market, neo-liberal orthodoxy means we probably are not asking to do that either.