“We’ve about €25 billion in cash, instantly available for anything. I think this has given huge confidence also to the markets that no matter what happens we’ve more than enough cash.”
The above quote is from Dr Somers, head of the National Treasury Management Agency, now considering the publication of the infamous Bord Snip 'Nua' report you'd think someone would have taken him aside and told him to lay off the Marie Antoinette-esque 'You lot may be starving but look at the lovely necklace i just bought' talk, but no, the Irish elite are going to kick the most vunerable in society while boasting to the Market. Obviously they think we dont or cant read the business pages.
The Bord Snip (makes it sound so innocent, just a little 'snip') report once more targets the poor of this country with talk of 20% cuts in child benefit, social welfare for under 20s to stay at just €100 a week and for those aged between 20 to 25 to drop from €204 to €150. They want to sack 17,000 Public Sector Employees (even though we're set to reach 16% unemployment by the end of this year) which includes the sacking of Special Needs teachers and a huge increase, in the already high, pupil teacher ratio.
This is Class Warfare. This document was drafted by a CEO of the HSE, a former governor of the Central Bank, the managing director of State Street International and Mary Walsh, a partner in Price Waterhouse Cooper. This gang of upper class thugs have drafted a thouroughly neo liberal assault on the working class of Ireland.
Meanwhile the top 1% still have their untaxed €40 billion in wealth.
But they were never under threat, the Irish ruling class if using the crisis to re structure the country. The electrician's dispute a few weeks ago wasn't just about cash, it was about the employer's desire to destroy Joint Labour Commissions and Regulated Employment Agreements. The minimum wage is IBEC's next target.
In every area we're calling together a broad coalition of forces on the ground who are hit by these cuts, teachers, CE scheme workers, Pensioners etc to build for a demonstration for September.
Contact the SWP for information on your local fighting group.
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