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international / anti-capitalism Friday February 04, 2011 07:06 by Chris Knight
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Liberate London - (and perhaps Ireland)!

Regional TUCs are expecting 300,000 to converge on central London on March 26. It should be an interesting day. While stewards are being recruited in liaison with police to stop any repeat of what happened to Millbank, there’ll be thousands of us with other ideas. If an NUS demonstration of 30,000 can accidentally demolish the Tory Party HQ, what might 300,000 achieve?

In January, anarchists from around Britain met in Manchester to form a ‘network of networks’ called ‘Network X’. It was agreed to mobilise for direct action on March 26. “This is a major step forward for the anarchist movement,” quipped Class War’s Ian Bone, “being the first time anarchist groups have agreed to a central command since Barcelona in 1936.” A kaleidoscope of groups, many of recent invention, is planning street theatre, effigies and spectaculars for the big day.

national / anti-capitalism Friday November 26, 2010 16:38 by IMC Collective

Around the world countries have been betrayed by their politicians who have worked hand in glove with their capitalist partners to systematically destory each economy and then to hand them over to a private financial elite composed of bankers, investors and speculators and other parasites.

From Iceland to Lativa to Greece to Ireland the Financial Coup has taken place. It has already long ago taken place in such countries as the USA where big capital and big finance captured their governments long ago where corporations like Goldman Sachs have their own people in government dictating the bailouts. But many other countries are on the list. The austerity which the capitalists smile down on, have already hit most of Europe especially in countries like Spain, Portugal, Hungary and the UK.

The current crisis is the cumlination of a fairly long process starting in the late 1970s when the leading capitalist powers decided to go on the offensive and launched the Neo Liberal era which saw an claw back against all the rights gained by workers in the previous 70 years. At that time they also lent huge quantities of money to corrupt governments in the developing world and this ushered in the era of mega slums and third world debt bringing in the era of financial imperalism allowing the resources of these countries to be hauled away for almost free. continues below
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So below we shall document some of the reactions of the Irish people so far:

Reactions and Events (on Indy):
Social Welfare Defenders group calls for protest against cuts outside the social welfare offices in Hanover Street Cork.
New campaign launched to support Independent candidates. -planning to field candidates in the election.Public meeting Thurs and Fri night
Spontaneous IMF March Cork City was on Nov 22nd
People Before Profit call for General Strike
1% Network calls for National Strike and March next Saturday
Garda attacks TDs - the centre is not holding from the WSM website.
Ireland in crisis: What can be done?
National Strike on Dec 1st anyone?
Protest Against the Bank Bailout - General Election Mon 22nd Nov -see story for what happened
Ógra Shinn Féin activist Injured by State car at IMF protest

Timeline:
Nov 1999: Glass-Steagall Act repealed in US. deregulates the banks leading to financial to wild west in global finance.
Oct 2008: Global finance goes belly up. Celtic Tiger officially dead.
Aug 2010: €27 billion Tranche 1 & 2 loans transferred to NAMA (i.e. to taxpayer). Almost 50% for loans on UK properties See report
Sept 2010: Legal door closes on shifting burden of bailout onto bond holders.
13th/14th Nov: Govt: "There is no bailout."
Thu 18th Nov: Central Bank Governor Patrick Honohan announces for all intents and purposes the EU/IMF bailout.
Fri 19th Nov: IMF arrives in Dublin to help transfer more wealth to the rich.
Mon 22nd Nov:: Greens announce departure from government in Jan.
Wed 24th Nov:: Outline of cuts announced by govt. Pensions taxed. Tax increases + VAT. 1 euro taken from lowest paid workers. Nothing taken from the tax exiles. No tax or royalities on Corrib Gas.
Wed 24th Nov: 24 hr General strike in Portugual against austerity. Nothing similar planned by Irish unions.
Thur 25th Nov: Govt trying to close deal with IMF before they are booted out and before people can challenge the deal
Fri 26th Nov: Speculators driving up interest rates for Portugal and Spain in an effort to break the Euro.
Fri 12am 26th Nov: News reporting that IMF/EU will charge 6.7% interest. Prof Morgan Kelly (IT 8/11) says anything above 2% will sink us. Above 5% and our debt grows faster than we can repay!
Sat 27th Nov: Between 50,000 and 100,000 march against IMF cuts and FF govt in Dublin
Sun 28th Nov: Details of €85 billion deal done with private capital (aka IMF/EU) announced. Interest rate will be 5.8% and we get to handover €17.5 billion of our pension fund. And note that €85 billion includes €17.5 billion of our own money, making the so called bailout actually a high interest loan of €68 billion much of which will be handed over directly to european banks
Sun 28th Nov: Story circulating Anglo was using derivatives mentioned by Pat Rabbit on RTE This Week. Anglo report shows derivatives of €184 billion in total for 2010 up from €167 in 2009. This seems to show why ECB demanded the Pension Fund (€17 billion) as collateral. -i.e. Since 2008, Anglo probably made a bet with derivatives they would get their money back and lost the bet. Hole now is even bigger.
Tue 30th Nov: Opposition claim IMF deal should be subject to a dail vote according to constitution article 25-9-2. "Markets" unimpressed by deal. Italy now being brought into the discussion more frequently in MSM.
Tue 07th Dec: Austere Budget passed targetting the lower paid
Thu 09th Dec: 40 million euro bonuses to be paid to AIB execs. Ireland's rating lowered by Fitch in spite of IMF "deal" (Minister intercedes to prevent payment of these AIB bonuses after major public outrage)

dublin / anti-capitalism Monday November 01, 2010 21:26 by Andrew
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!% network halloween horror treasure hunt tourguides

A larger than expected crowd turned out for last night’s 1% Network Treasure Hunt around the exclusive Aylesbury and Shrewsbury roads in Dublin. In 2006 Shrewsbury Road was the 6th most expensive address in the entire world and it remains exclusively populated by the richest of the 1% who own 34% of the wealth in Ireland.

dublin / anti-capitalism Tuesday October 12, 2010 16:24 by 1% Network

1% Walk Through Dublin from Dave Donnellan on Vimeo.

Video of 1% tour highlights posted By Dave Donnellan

Up to 250 people took part in the 1% Network’s walking tour on Saturday last, October 9th. As people began to gather from as early as 12.30pm it was clear that large numbers were going to to take the opportunity to ‘see how the 1% live.’ The unusually warm weather and low-key Garda presence added to the almost festive atmosphere for this most unusual of political protests.

national / anti-capitalism Thursday June 17, 2010 22:49 by Joe Higgins MEP
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Joe Higgins MEP

Attacks on working people are mounting right across Europe. The so-called PIGS (Portugal, Ireland & Italy, Greece, Spain) countries have been to the forefront of these attacks. In Ireland, we have seen €7 billion of cutbacks, seriously damaging public services, including health and education. In Greece, there has been a 10% cut in wages and spending in the public sector, together with an increased retirement age, VAT increases and the freezing of pensions. Portugal has a plan to cut its deficit by €11bn over four years through a crisis tax on wages and cutbacks in public services. The Spanish Parliament has passed cutbacks worth €15bn on top of €50bn already agreed. Italy is due to implement "emergency-cutbacks" of €24 bn.

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