Stop the Handover
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On the 2 November, the Irish government will pay out a 700 million unguaranteed senior bond in Anglo Irish bank. This bond pay-out comes just one month before an austerity budget which will inflict hardship on children, on carers, on the disabled and on the working poor.
The government plans to take between 3.6 and 4 billion out of that budget. A 700 million saving could mean no household charge. It could mean no welfare cuts. Even the smallest cut has the potential to wreak so much damage.
We the undersigned oppose the payment of this bond and we are calling on the government to stop the handover of taxpayers money to senior bondholders.
The government plans to take between 3.6 and 4 billion out of that budget. A 700 million saving could mean no household charge. It could mean no welfare cuts. Even the smallest cut has the potential to wreak so much damage.
We the undersigned oppose the payment of this bond and we are calling on the government to stop the handover of taxpayers money to senior bondholders.
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