Dublin - Event Notice
Thursday January 01 1970

Take Action On October 1st - No Billion Euro BailOut #YouAreNotaLoan

dublin | rights, freedoms and repression | event notice

Wednesday September 26, 2012 07:06

by Occupier - #OccupyDameStreet

AIB - We Are The Incoming Missile
No Billion Euro BailOut
Take Action On October 1st
#YouAreNotaLoan

AIB - We Are The Incoming Missile

'Austerity' in Ireland - the transfer of wealth from the majority to the few- is slowly tearing the lives of ordinary people apart. The stresses of impossible debts, unemployment, and insecurity, are eroding the fabric of society in Ireland. Can anyone blame those young people who are emigrating in droves, for leaving in search of some kind of future? The country is being gutted.

Each autumn, the government embarks on a terrorising rampage against the people. Household taxes, property taxes, water charges, social welfare cuts, cuts to state pensions, cuts to public services, cuts to carers allowances. Measures that make the difference between life and a living death. This horror show has no taboos. To top it all, we are told to be thankful that the punishment is not even worse.

Anyone can see by now that the stance of the current government, and the 'Troika' that commands them, is that the financial crisis provoked by wealthy speculators will continue to be paid for by ordinary people, starting with the weakest. For ordinary people, there will be no recovery. The Troika regime will continue to strip the flesh from the bone, until we stand up and stop this process in its tracks.

As autumn turns to winter, we are making a call to other people to stand alongside us. We want you to join us, to stand against the obscenity of billion euro payouts in public money, diverted away from hospitals, schools and social services, to unsecured bondholders in Irish banks.

Next week, one billion euro will be paid by AIB, which is basically owned lock stock and barrel by the State, to unknown, unsecured senior bondholders. These speculators took a gamble on the Irish economy and lost. But the government and the Troika agreed that ordinary people in Ireland would cover these losses, through cuts to health services, cuts in benefits, and the imposition of a host of taxes that burden the poor and benefit the few. Banking debt is now the tool used to dismantle democracy, and to reshape Ireland and other countries across Europe into societies based on despair for the many and immense riches and privileges for the few.

Take action with us on the 1st of October. Let us stand together for a society based on real democracy and solidarity, not servitude and fear. We call on others to join in this action and make it their own by getting together with their friends, workmates and families and making their presence felt at their local AIB branch. Our intent is to be loud - but resolutely non-violent. We ask those supporting this call to treat AIB frontline staff with the same respect with which we would like to be treated in such a situation. They are ordinary people too. The destructive payment of these unsecured senior bonds will affect them and their families too.

This obscenity cannot be allowed to continue unopposed. We have to make it clear that these payments do not have our consent. Let us bring an end to the paralysis induced by fear, by acting together in hope. We invite others to sign this call alongside us. We are the ones we have been waiting for. We always were.