ULA Finance spokesperson to challenge Bundestag budgetary committee over European narrative on Irish crisis

Investors who bought Anglo bonds on secondary markets set to make massive profits at the tax payer’s expense

Bondholder payout equivalent to a third of all 2012 Budget cuts and austerity measures.

ULA Finance spokesperson to challenge Bundestag budgetary committee over European narrative on Irish crisis

In a statement, Richard Boyd Barrett, TD and Finance spokesperson for the United Left Alliance, condemned the handover of €1.25 billion to the ECB today which will go to wealthy speculators who had capitalised on the demise of Anglo and bought up discounted bonds in the secondary market. Most of the trading on those bonds took place in closed, proprietary bond-trading systems by professional stockbrokers. Mr. Boyd Barrett pointed out that the final recipients of today’s payment are investors who bought Irish bonds in the secondary markets at vastly reduced cost. The ULA TD emphasized that the money to make these payments is coming straight out of public services, to the detriment of the ordinary citizens.

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WHISTLEBLOWER & MENTAL HEALTH PATIENT ADVOCATE IN HSE SACKED FOR HIGHLIGHTING MISTREATMENT & POOR CONDITIONS FOR MENTAL HEALTH

In a statement, Richard Boyd Barrett TD has expressed his shock and outrage, after receiving a call this morning from Mental Health Patient advocate and whistleblower, Lousie Baliff, where she informed him that she had been sacked this week by the HSE, in what appears to be a clear act of retaliation against her following her public highlighting of appalling treatment and conditions of mental health patients in St Brendan’s Grangegorman, shortly before Christmas.

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Government back pedal on Deis cuts shows people power is working but pressure must be maintained

Richard Boyd Barrett TD, ULA Finance and Education spokesperson said today that the Government’s about turn on planned cuts to the Deis schools was entirely a victory for people power and the protests mounted by parents, pupils and teachers from disadvantaged areas around the country.

Deputy Boyd Barrett stated that Minister Quinn must now, having admitted his terrible mistake, clarify if there will be a full and immediate reversal of all Deis cuts.

Deputy Boyd Barrett said the Minister must clarify for example, whether Deis bands 1 and 2 will be retained in full as they are and the additional resources referred to by the Department of Education as so called "legacy posts".

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Ireland must break from the death grip of debt and austerity, or face economic depression

As Troika arrive in town, Ireland must break from the death grip of debt and austerity, or face economic depression

A second bailout would mean even more austerity, more privatisation of social services

 

In a statement to coincide with the arrival of the EU-IMF “Troika” for the fifth review of the EU-IMF programme for Ireland, Richard Boyd Barrett TD, Finance spokesperson for the United Left Alliance, warned that continuing down the road of “Troika” dictated bank bailouts and austerity was a dangerous slope leading to a 1930’s style economic depression.

Deputy Boyd Barrett said that with Ireland now facing the certainty of a second bail-out, it was clear that the policy of austerity and propping-up toxic banks was not working, and warned that any such new bail-out programme would be accompanied by demands for even more severe and damaging austerity.

 

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ULA Finance spokesperson pledges support for EBS Strikers & condemns political dishonesty of Noonan

In a statement today (Tuesday 20th December), Richard Boyd Barrett TD and Finance spokesperson for the United Left Alliance has pledged support for today’s strike by 300 EBS workers, who are demanding the re-instatement of their annual “13th month” payment.
Deputy Boyd Barrett who first raised the issue in the Dail last week will visit the picket lines of the EBS workers this morning to show his support for the strikers.

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