The governments strategy of no bondholder left behind is killing our people

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Statement from Repudiate the Debt Campaign

Once again the Government is handing over public money, this time €1.25 billion, to pay off the bond-holders of Anglo-Irish Bank. This callous, odious and unjust debt is taking a heavy toll on the Irish people.

This odious debt imposed on our people by the EU and ECB is simply costing the lives of the sick and of children.

There is no other solution than the complete repudiation of this debt. No tinkering with promissory notes or the like will address the simple fact that this is not the people’s debt, and it is not their responsibility to pay it through massive transfers of wealth from our country and our people, with a callous “austerity” programme and cuts in health, education, and social welfare, all just to save the German and French banks.

Repudiation of this debt is they only way to stop the savage attacks and the heavy price tags forced on our people.   The governments strategy of no bondholder left behind is killing our people.

Paul Doran

Co-ordinator

087 6837650