Say No To Mortgage Hikes Protest

national | housing | event notice Thursday July 30, 2009 15:24 by Fergal Scully - Enough Is Enough enough999 at care2 dot com

Enough Is Enough

We've bailed them out this is how they thank us.

Protest 4.30pm to 6pm

Permanent TSB HQ Stephens Green East

After all the money that the ordinary tax payers have been asked to come up with to bail out the banks Permanent TSB has decided to raise its interest rates. On top of the levy?s and tax hikes already forced on the taxpayer this will add untold hardship to over fifty thousand of Irelands ordinary people and their families.

We believe that if Permanent TSB is allowed to get away with this that all the other Mortgage lenders will follow suit and already AIB and Bank of Ireland are predicting similar rate rises for the future.

The billions that are required for the bail out of the banks are already causing huge reductions in public services in this country, the McCarthy report has called for cuts in almost every area. Yet the banks are not satisfied that they owe their existence to the taxpayer, they want to use their positon to coerce even more profits from ordinary people.

We are calling on Permenent TSB to show some gratititude to the people whom they owe their existence to and recind these hikes and we are calling on the Minister for Fianance Brian Lenihan to exclude Permanent TSB from the bank gaurantee scheme if they refuse.

If the other Banks chose to follow the lead of Permanent TSB we will continue this campaign with a call for a national mortgage payment strike.

"Enough is Enough" are a group of like minded individuals who have come together to take action on the issue of interest rate rises by banks in this country.