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

Human Rights in Ireland
www.humanrights.ie

offsite link Liberty, the ICCL, and other NGO groups? landmark challenge against the UK Government?s mass surveil... Tue Nov 07, 2017 11:56 | admin

offsite link What Ireland can gain from international guidance on Article 19 UNCRPD Mon Oct 23, 2017 12:53 | Eilionoir Flynn

offsite link Repeal or Replace? Tue Oct 03, 2017 06:31 | Fiona de Londras

offsite link An Abortion Law Immune from Constitutional Review? Thu Sep 28, 2017 20:14 | Fiona de Londras

offsite link Should the pro-choice movement support a new constitutional provision on abortion? Wed Sep 27, 2017 16:19 | Eoin Daly

Human Rights in Ireland >>

Cedar Lounge
For lefties too stubborn to quit

offsite link Some observations on UK polls 09:57 Tue Nov 21, 2017 | WorldbyStorm

offsite link More SNA?s than Gardai? and that?s a bad thing? 09:47 Tue Nov 21, 2017 | WorldbyStorm

offsite link Where do EU regulatory bodies tend to be found? The clue is in the name. 06:30 Tue Nov 21, 2017 | WorldbyStorm

offsite link Uh-oh: That post-Brexit UK customs system? What system? 18:25 Mon Nov 20, 2017 | WorldbyStorm

offsite link The state in retreat in the UK? 11:42 Mon Nov 20, 2017 | WorldbyStorm

Cedar Lounge >>

Dublin Opinion
Life should be full of strangeness, like a rich painting

offsite link IRISH COMMONWEALTH: TRADE UNIONS AND CIVIL SOCIETY IN THE 21ST CENTURY 14:06 Sat Nov 18, 2017

offsite link Notes for a Book on Money and the Irish State - The Marshall Aid Program 15:10 Sat Apr 02, 2016

offsite link The Financial Crisis:What Have We Learnt? 19:58 Sat Aug 29, 2015

offsite link Money in 35,000 Words or Less 21:34 Sat Aug 22, 2015

offsite link THE WRATH OF KANE: BANKING CRISES AND POLITICAL POWER 09:32 Fri Jan 30, 2015

Dublin Opinion >>

NAMA Wine Lake

offsite link Farewell from NWL Sun May 19, 2013 14:00 | namawinelake

offsite link Happy 70th Birthday, Michael Sun May 19, 2013 14:00 | namawinelake

offsite link Of the Week? Sat May 18, 2013 00:02 | namawinelake

offsite link Noonan denies IBRC legal fees loan approval to Paddy McKillen was in breach of E... Fri May 17, 2013 14:23 | namawinelake

offsite link Gayle Killilea Dunne asks to be added as notice party in Sean Dunne?s bankruptcy Fri May 17, 2013 12:30 | namawinelake

NAMA Wine Lake >>

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.

 
© 2001-2017 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