George Floyd: one death too many in the “land of the free” 23:58 Jun 23 0 comments
The leveraged buyout, exploitation and punishment beating of Greece as warning to others. 11:45 May 11 0 comments
Red Banner issue 60 out now 13:18 Jun 22 0 comments
Red Banner issue 59 out now 17:46 Mar 28 0 comments
The Fake Banking Enquiry. More Cynical Theatre For The Downtrodden Irish Masses? 11:29 Dec 28 0 commentsmore >>
Police in Oceania to Break Up Christmas ... Thu Oct 29, 2020 00:22 | Spiked
The Polls Are Garbage Wed Oct 28, 2020 23:33 | Marko MarjanoviÄ‡
The Most Dangerous Disease in the World Wed Oct 28, 2020 10:30 | JP Sears
US Congress Has Declared Itself a Collec... Wed Oct 28, 2020 09:08 | Andrew Corbley
Allies Arenâ€™t Friends and Clients Aren... Wed Oct 28, 2020 07:30 | Daniel Larison
A bird's eye view of the vineyard
Saker message of thanks to our wonderful community! Wed Oct 28, 2020 22:08 | The Saker
A Mutual Understanding Wed Oct 28, 2020 18:34 | amarynth
The Empire Has Collapsed Wed Oct 28, 2020 18:07 | The Saker
Azerbaijan Is In Anger. Armenians Open Fire At Its Troops Peacefully Advancing In Nagorno-Karabakh Wed Oct 28, 2020 13:55 | amarynth
Moveable Feast Cafe 2020/10/28 ? Open Thread Wed Oct 28, 2020 09:30 | Herb Swanson
The Party and the Ballot Box Sun Jul 14, 2019 22:24 | Gavin Mendel-Gleason
On The Decline and Fall of The American Empire and Socialism Sat Jan 26, 2019 01:52 | S. Duncan
What is Dogmatism and Why Does It Matter? Wed Mar 21, 2018 08:10 | Sylvia Smith
The Case of Comrade Dallas Mon Mar 19, 2018 19:44 | Sylvia Smith
Review: Do Religions Evolve? Mon Aug 14, 2017 19:54 | Dara McHugh
Press release on protest against bondholder bail out.
cork | anti-capitalism | press release Monday October 31, 2011 22:50 by Eoghan McMahon - Occupy Cork occupycork at gmail dot com Peace Park, South Mall, Cork City.
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 –