Top Issue 1-2024

3 November 2011

Resize: A A A Print

Stop the Handover

ON NOVEMBER 2nd, the Fine Gael/Labour Government handed over €711million of taxpayers’ money to an unguaranteed bondholder in the toxic Anglo Irish bank.
Sinn Féin President Gerry Adams TD raised the issue in the Dáil well before the deed was done. Taoiseach Enda Kenny and his advisers signed off last month on a 50% cut on debt for Greece. Gerry Adams said then:
“The Government is now on a plane home to get a cheque for €700million ready to hand over to unguaranteed Anglo Irish bondholders. There is no political, legal or moral obligation on the Government to pay this.”
Gerry Adams explained that Sinn Féin is not opposed to the write-down in Greek debt. “But what is good enough for Greek citizens should be good enough for Irish citizens. Irish taxpayers are being forced by this government to endure extreme hardship while paying billions of private banking debt to unguaranteed bondholders. The only people arguing that this should happen is the Government and the Anglo bondholder.”
Sinn Féin deputy leader Mary Lou McDonald TD returned to the issue yet again on November 1st, on the eve of the bondholder bonanza:
“This pay-out comes just one month before an austerity budget which will inflict hardship on children, on carers, on the disabled and on the working poor. In January, a further €1.2billion will be paid out – tomorrow is only the first payment of billions of taxpayers’ money.
She pointed out that there was still time to stop the outrageous handover.
Sinn Féin has launched a campaign to halt the handover of billions of taxpayers’ money to toxic banks beyond November and against swingeing cuts and austerity up to and after the Budget. You can help stop this banking bonanza madness by getting involved in Sinn Féin’s ‘Stop the Handover’ campaign. Lobby your TDs – email, write, phone them – get out and protest and let your voice be heard, sign the online petitions and get everyone you know who feels angry to do the same. Follow the campaign at www.sinnfein.ie
People power can force the Fine Gael/Labour Government to do what it should do – stand up for citizens, not toxic banks and bondholders.
Raise you voice – join the fightback.

Follow us on Facebook

An Phoblacht on Twitter

An Phoblacht Podcast

An Phoblacht podcast advert2

Uncomfortable Conversations 

uncomfortable Conversations book2

An initiative for dialogue 

for reconciliation 

— — — — — — —

Contributions from key figures in the churches, academia and wider civic society as well as senior republican figures

GUE-NGL Latest Edition ad

An Phoblacht
44 Parnell Sq.
Dublin 1
Ireland