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"E-voting, as you know, was trialled twice in the country and it was very successful. Issues arose afterwards where the bar was raised very high in the context of all of the issues surrounding it. But it's interesting, I think it was covered during the week. I saw an article which said the only way forward for Ireland is to use e-voting. It's a far more secure system than the system that we use at present and it remains for others for the future to see what happens with it," He said. The planned resignation shortly of the board should not represent an end to the changes at Fás, said Fine Gael enterprise spokesman Leo Varadkar. Senior executives in Fás “who were directly responsible for the type of reckless spending that the Comptroller Auditor General has criticised severely should also be held accountable for their actions. He told RTÉ Radio’s This Week programme yesterday that the board got a “clear direction” from the Minister and the Government in February to stay on, after a damning report from the Dáil Public Accounts Committee (Pac) on Fás expenditure was published. That report was highly critical of the agency’s inappropriate spending on first-class flights and luxury travel. This deal was agreed with the Tánaiste and sanctioned by the Department of Finance. The spokeswoman said she could not put a value on this addition to Mr Molloy’s pension. Commenting on the decision to award Mr Molloy the extra years service for his pension, the spokeswoman said: “In order to ensure a speedy and non-litigative departure [of Mr Molloy], this was considered to be in the best interests of the Fás organisation and the taxpayer.”

“As Europe’s commercial banks de-lever, lending is likely to be squeezed,” said Huw van Steenis, banks analyst.

According to Morgan Stanley, there was €319bn of corporate bond issuance in the first seven months of the year and a decline of €33bn in European bank-originated loans.

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Text: Obama's speech to the AFL-CIO convention

THE WHITE HOUSE
Office of the Press Secretary

FOR IMMEDIATE RELEASE
September 15, 2009

Remarks of President Barack Obama's Prepared for Delivery
AFL-CIO National Convention
Pittsburgh, Pennsylvania
September 15, 2009

You know, the White House is pretty nice, but there's nothing like being back in the House of Labor. Let me begin by recognizing a man who came to Washington to fight for the working men and women of Pennsylvania and who has a distinguished record doing just that, Arlen Specter.

I also want to give my thanks, and the thanks of our nation, to one of the great labor leaders of our time, a man whose entire life has been devoted to working people, who brought new life to a movement, who worked tirelessly on behalf of organized labor, and who will be stepping down tomorrow, your President John Sweeney. John, I know Maureen's looking forward to seeing a little more of you, and your granddaughter Kennedy's about to get a whole lot more spoiled by her grandfather.