Upcoming Events

Cork | Anti-Capitalism

no events match your query!

User Preferences

  • Language - en | ga
  • text size >>
  • make this your indymedia front page make this your indymedia front page

Blog Feeds

forward

Spirit of Contradiction

offsite link America’s Palestinians: Lessons from The American Indian Experience for Israel... Sun Mar 29, 2015 20:00 | Jerome Nikolai Warren

offsite link Spain is not Greece, or is it? Electoral prospects for the left in 2015. Thu Feb 05, 2015 19:00 | modulus

offsite link SYRIZA and Memnosyne Sat Jan 24, 2015 09:09 | Jerome Nikolai Warren

offsite link Why the Workers’ Party Wed Jan 21, 2015 20:08 | Gavin Mendel-Gleason

offsite link “It’s boring but necessary”: An Interview with Jos Alembic (aka “Q”) o... Mon Jan 05, 2015 18:44 | Jerome Nikolai Warren

Spirit of Contradiction >>

Public Inquiry
Just another WordPress site

offsite link Oh my God, Sinn Fein must now be outlawed

offsite link Rabbitte and cronies begin to stampede? Anthony

offsite link Kelly’s bluff and bluster will not save his ‘legacy’ or his go... Anthony

offsite link Irish Water: The meltdown begins. Anthony

offsite link Gardai caught between serving the people and the State Anthony

Public Inquiry >>

The Saker
A bird's eye view of the vineyard

offsite link MAIN SERVER BACK UP AGAIN VINEYARDSAKER:

offsite link THIS BLOG HAS MOVED TO A NEW LOCATION VINEYARDSAKER:

offsite link Good news out of Russia - even the "non-system" opposition refuses to blame the Kremlin VINEYARDSAKER:

offsite link Nemtsov murder: Putin warned about exactly this type of "false flag" two years ago VINEYARDSAKER:

offsite link DPR PM Zakharchenko presser 27/02/15 Economical and political future of DPR VINEYARDSAKER:

The Saker >>

Human Rights in Ireland
www.humanrights.ie

offsite link Graham Dwyer and Violence Against Women Mon Mar 30, 2015 12:11 | Vicky Conway

offsite link Three EU-funded Ph.D positions on Environmental Governance and Compliance (4 years) Mon Mar 30, 2015 10:49 | GuestPost

offsite link The Prince Charles Black Spider Memos and Unreasonableness in the UK: The Resurgence of the Common L... Sat Mar 28, 2015 14:58 | Alan Greene

offsite link End Direct Provision: #DirectProvision15 Wed Mar 25, 2015 10:16 | GuestPost

offsite link Guest Post: 20 years after Beijing: let?s take a few steps back. Fri Mar 20, 2015 08:13 | GuestPost

Human Rights in Ireland >>

Press release on protest against bondholder bail out.

category cork | anti-capitalism | press release author Monday October 31, 2011 22:50author by Eoghan McMahon - Occupy Corkauthor email occupycork at gmail dot comauthor address Peace Park, South Mall, Cork City. Report this post to the editors

OccupyCork protests bailout

Occupy Cork is holding a 'reverse bank robbery' to highlight the overnments signing off on a $1 billion bond, on behalf of the now defunct Anglo Irish Bank. Article lists details of the protest, quotes from activists and contact details.

Press Statement: Protest against the $1 billion Anglo Irish bond

At noon this Tuesday (1/11/11), Occupy Cork are organising a ‘reverse bank robbery’ on behalf of the Irish government. This is to highlight the transfer of taxpayers’ money to unknown financial institutions, through the $1 billion Anglo Irish bond which is being signed off on this Wednesday (http://bondwatchireland.blogspot.com/ for details).

Taking a “cheque” (see attachment) for $1 billion from City Hall on Anglesea Street, the four robbers will be visiting some of the worst offending financial institutions on their route. They will then finish their get-away at Bank of Ireland on St.Patrick’s Street.

St.John Ó Donnabháin from Occupy Cork stated - “We at Occupy Cork are protesting against the government’s signing off of an unsecured bond, on behalf of the now defunct Anglo Irish Bank. This is a scandalous waste of taxpayers’ money – we are essentially paying a bad gambling debt for the banks. We shouldn’t be paying this debt, we can’t pay this debt.”

He further added -“We believe that the current policy of the Irish government is firstly, economically unsustainable in the long run, and secondly, morally unjustifiable”.

The Occupy movement worldwide has tried to highlight some of the blatant corruption which has occured and is still occuring throughout our financial systems. In Ireland, the most blatant example of this is the bank bailout, and the socialisation of private losses. This action is part of a greater campaign in Ireland to highlight this unsustainable financial policy, with other actions happening in Dublin on Tuesday and in Galway on Wednesday.


 

For more information on Occupy Cork, please read our position statement at –

http://corkindependent.com/blog/author/occupycork/

Related Link: http://corkindependent.com/blog/author/occupycork/

PDF Document Cheque from the people to international finance 0.84 Mb

author by authorpublication date Wed Nov 02, 2011 22:31Report this post to the editors

a financial speculator who bought a million Anglo bonds for €600k during the summer is getting €1 million from the Irish government today – a 66% profit.

 
© 2001-2015 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy