Call for referendum on Irish banking debt

We, the undersigned, respectfully request our elected representatives in government to hold a national referendum on Irish banking debt.

We believe that no bank is too big to fail. The subordinated and unsubordinated bonds of Irish banks that are participating in the NAMA bailout should be converted into shares in these failed banks. These banking losses need to be shared by its bondholders.

We believe that no further Irish taxpayer funds should be paid into NAMA. The payment of taxpayer funds to bailout these bondholders is an infringement on the sovereignty of the Irish nation and we request that the government protect its citizens. The current government is presiding over the slow loss of this nations ability to determine its financial future. This needs to be reclaimed.

We also understand that corporate bonds are completely distinct from government bonds. All government bonds issued have and will continue to be repaid in full on maturity by the sweat and industry of the peoples of the nation.

We request that a constitutional amendment be debated and adopted by both houses of the Oireachtas to end the banking bailout and be submitted to the electorate of the nation as a referendum.