National - Event Notice
Thursday January 01 1970

'No to NAMA' Street Protest

national | miscellaneous | event notice

Thursday August 20, 2009 02:43

by 'No to NAMA' - 'No to NAMA'

davebrowne at mac dot com

Make your voice heard

'No to NAMA' Street Protest
Make your voice heard
Host: No to NAMA
Type: Causes - Protest
Network: Global
Date: Saturday, 12 September 2009
Time: 14:00 - 17:00
Location: Dublin City Centre

Description
From the Garden of Remembrance to the Dail. Being organised by www.irishpeopleunion.com . Dave Browne, founder of the site, will be promoting his site and the protest in a media blitz.

It is important to say: this is a non-partisan, non-party event, it is ordinary people protesting against extraordinary legislation. Members of political parties may attend obviously, but this event is not "owned" by anyone, except by the people who turn up!

TV3 News have been covering the online 'No to NAMA' movement. http://www.tv3.ie/videos.php?video=12570# . The 'No to NAMA' Facebook Group gets a special mention. The report finishes by broadcasting the details of the street protest on 12th September. Great work guys, keep spreading the word!

Reasons to Oppose NAMA
1. NAMA legislation proposes to allow the government to purchase 90 billion of bad loans from the Irish banks at prices above market prices.
2. NAMA does not fall under the freedom of information act so this colossal transfer of the taxpayer's money to the banks will happen in a completely secretive and unaccountable way.
3. Polls show that the Government does not have a mandate by the people to overpay for assets.
4. Sunday independent poll shows that 80% say they are against NAMA and 60% prefer nationalisation.
5. If this bill goes through it's a done deal that the taxpayer will be made unnecessarily overpay for bank assets by a huge margin.
6. The government is clear on this; they are putting the bank stakeholders ahead of the Irish taxpayer by making such an absurd proposal. This is the appropriation of both current and future taxpayer's money for the benefit of a small number of bank stakeholders that willingly chose to take stakes in our banks.
7. Overpaying for these assets will have disastrous consequences on services in Ireland for decades to come. . This simply means less and less Hospitals, Firemen, Guards, Teachers, Nurses, etc. According to one commentator Gene Kerrigan of the Irish Independant Mr Cowen and Mr Lenihan are betting about €30bn of our money on such a new bubble. It would be bad enough if this zombie Government was merely passing bad legislation that could be reversed by a later Government. What they're doing is stitching us into an economic strait-jacket for a couple of generations. And that's why your grandkids will be sending you Christmas greetings by internet video link from New Zealand. (read full article It is completely unacceptable for our TDs to merely vote along party lines on NAMA.
8. The current and future health of our nation should be the main priority of our TDs and NOT party loyalty
9. This is a 90 billion decision that people will have to make based on no information at all!
10. They say they will offer more details one week before a debate on a 90 billion issue? Crazy
11. Why should we trust the current government with something as big as NAMA when they continue to show their incompetence?
12. We had an emergency budget in April which scraped together 3.5 billion in savings.
13. Yet only six Weeks later they had to 'unexpectedly' give 4 billion more capital into Anglo Irish Bank (on top of 3.5 billion already).
14. Next time you look at your PAYE payslip and the big amount that is missing due to the minibudget, you know that this money didn't go into your account because it went directly to Anglo Irish bank.
15. We as a nation need to demand accountability and a fairer solution for the taxpayer to the banks current woes
16. Already services have been slashed nationwide
17. PAYE taxes hiked in order to deal with the current economic reality.
18. We are all familiar with the health care services that continue to be cut nationwide
19. the re-introduction of third level fees was quick to be put forward as a cost saving initiative.
20. An Bord Snip Nua has just proposed another 3 billion in cutbacks, at the same time the government is proposing to pay 15 billion over the odds for bank assets.
21. The government has unambiguously shown a clear preference to slash investment in the future productive capacity of Ireland in order to bail out a select few bank stakeholders and builders.
22. Temporary state ownership of banks is the only fair and viable solution.