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Cowen and Co. confronted at NAMA signing
national |
anti-capitalism |
press release
Thursday September 10, 2009 16:56 by Daithi Byrne - Ogra Shinn Fein Atha Cliath dublinogra at gmail dot com
Dublin Ogra Shinn Fein with United Alliance Against Cuts Activists from Dublin Sinn Féin and Ógra Shinn Féin confronted Brian Cowen's entourage on Wednesday as the cabinet was due to sign off on the controversial National Asset Management Agency (NAMA) legislation. NAMA will make the taxpayer overpay for bad loans given by reckless banks to greedy developers. ÓSF members were protesting as part of a United Alliance Against Cuts demonstration. Cowen was greeted by Ógra activists who made sure to let him know what they thought of NAMA and cutbacks to the states health and education sectors. The NAMA bill, which will be published tomorrow, will also lend taxpayers' money to developers to finish their projects, when ordinary people and small businesses cannot get loans from the banks and face repossession. Following the An Bord Snip report, the government is planning to impose up to €5 billion more worth of brutal cutbacks on workers, the poor and the most vulnerable in or society. Despite this, the government is pushing ahead with NAMA which will cost us an estimated €60 billion or more. |
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