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Socialist Worker
Demand a Referendum:
NO MORE
EU-IMF
BAIL-OUTS!
Just when you thought you’d had
enough, the banks are demanding
another bail out.
On 31 March new ‘stress tests’
will reveal that the banks are suf-
Inside:
fering another collapse.
They will then seek another hand-
out from the population.
One reason for the new crisis is the
€110 billion withdrawn from banks
over the past year by rich individuals
and companies moving their money
out of the country.
No talk of patriotism or ‘wear-
ing the green jersey’ has deterred
the wealthy from putting their own
interests first.
Fine Gael may talk about everyone
Libya:
making sacrifices – but their busi-
ness backers think that this is only
rhetoric to quieten the mass of the
population.
Timebomb
A new mortgage time bomb is also Stop the
Bombing
set to go off under the banks.
European interest rates will rise
by 2 percent this year and this Social welfare has been savagely wealthy Irish speculators and
chines would have no money to pay
means steep extra payments for cut. we have no responsibility to pay
for social welfare or public sector
p3,4&5
homeowners. But nothing has really wages. for them.
Working people have been changed. But these scare stories hide
■We need a referendum on the
squeezed so tight already that one We are back to square one. the real purpose of the IMF-EU
IMF-EU bail out so that the people
in ten mortgage holders are in Government leaks say by April the memorandum: to force Ireland’s
can democratically reject it.
difficulty. banks will look for at least another citizens to pay private banks’ debts
But when the interest hikes kick €25 billion. ■State funds for banks must cease
to their German, British and French
and the existing companies should
Japan:
in, it will cause even more severe Despite talk of ‘burden sharing’ counterparts.
problems. and even ‘burning the bondholders’, be declared bankrupt and their
Irish banks owe hundreds of bil-
One consequence is that out- the Fine Gael-Labour government debts written off.
lions to wealthy bondholders and
standing loans to banks will not will follow the exact same steps as bankers in Europe – and the IMF-EU
■Emergency legislation should be
Nuclear
be repaid. their Fianna Fáil predecessors and want us to pay off those debts.
introduced to transfer deposits to
All of this is a direct result of the pay out. If we continue to let them away
a good state bank where funds up
disastrous economic policies pur- One reason for this scandalous with this, the country will face ruin
to €100,000 are guaranteed.
Crisis
sued by the last Fianna Fáil and state of affairs is that December’s for decades.
Green government. IMF-EU deal insists the Irish gov- ■Capital controls must be put in
The new government must be told
Over €50 billion was pumped into ernment continue to ‘re-capitalise’ place to prevent the draining-off
that we have put up with enough.
the banks by Irish taxpayers but it the banks. Now is the time to change of funds from Ireland.
p3
was like adding water to a leaking policy. ■A wealth levy should be imposed
Help? on the global assets of rich Irish
bucket.
To fund these bail-outs PAYE Some claim that the IMF and EU are ■We need to end the absurd state citizens. They should be told to
workers have been stung with mas- trying to help us with funding. guarantee to repay bank debts. make a full declaration of their
sive tax hikes. That without them the ATM ma- These debts were incurred by assets or face imprisonment.
Socialist Worker
Fast Food Rip-Off After Davenport Victory: Strikewatch
Time to Strike
By Jimmy Smyth
School
Secretaries
Tunisia and
What’s wrong with
Privatisation?
huge steps
By Jimmy Smyth
No to Western Mili
On the other hand, those more expensive services for Dozens of former ministers, Gaddafi began as a massive peace-
proposing privatisation are customer, and job losses and corrupt businessmen, and high ful protest on 17 February but
‘pragmatists’, practical folk pay-cuts for employees. ranking security officers have been quickly turned into an armed
looking to reduce the debt or arrested and indicted on corrup- struggle because of the violent
invest in new projects. The socialist tion, human rights abuses and response of the regime. repression of democracy
By Richard Boyd Barrett, TD
The attempt here is to alternative torture. Many former supporters of (Chair of the Irish Anti-war Movement) secure oil deals with the L
portray privatisation as Our alternative is twofold Billions of dollars have been Gaddafi defected once he started In Tunisia, Egypt and
non-ideological. – first we must campaign to frozen until account holders can bombing and killing civilians. The UN decision to implement a ‘no fly-zone’ powers initially sat back s
This, simply, is a lie. keep assets in state control. be investigated for political and Libya is now in a state of revolu- over Libya is heralded as necessary to stop enthusiasm for the revolu
Privatisation has deep Socialists argue for financial corruption. tionary civil war and the imminent the slaughter of civilians by the country’s The US and Europe un
ideological roots in the democratic control of public The revolutionaries have made military intervention by the US dictatorial ruler, Muammar Gaddafi. successful democratic mo
neoliberal onslaught that we assets by workers and significant advances in disman- and the EU will entrench that war Understandably, many desperate Libyan’s are a greater share of the oil w
have suffered over the past 30 communities not by unelected, tling the state security apparatus further. welcoming the decision, believing it will save impoverished Arab peopl
years. over-paid senior managers. responsible for turning Egypt into The intervention’s stated hu- lives. the profits of western oil c
Neoliberalism seeks to Here the campaigns to stop a brutal police state. manitarian purpose is in no way However, it is a mistake to believe such Military intervention i
extend market relations, the sell-offs of Coillte and Many constitutional and politi- credible considering the West’s intervention will ultimately benefit the ordinary to regain a foothold and r
buying and selling, over all Dun Laoghaire harbour are cal reforms have been enacted, support of the Saudi and Bahraini people of Libya or the revolutions across North western involvement in th
aspects of human life. important and can win. including plans for new parlia- governments against the revolu- Africa and the Middle East. Popular revolutions th
In this context the public A major campaign of mentary elections and the drafting tionaries in those countries. In Up until just a few weeks ago the West the entire network of We
sector and state assets are protests and strikes will be of a new constitution. Bahrain peaceful protests by tens provided arms and support to Libya. dictatorships.
seen as bad, and the private necessary to halt Fine Gael and Civil and political rights such of thousands were met with live The West happily ignored Gaddafi’s denial The brutal Saudi dicta
sector and markets are good. Labour’s privatisation drive, as freedom of the press, assembly, ammunition. of rights for ordinary Libyans and his brutal over 2,000 troops to Bahr
Thus, from the 1980s especially in the health service. and formation of parties, unions As casualties mounted, the de-
Socialist Worker
d Egypt are
and Ireland’s Rich
By Eamonn McCann
s forward
as a result of the Libya crisis. loss of £24.1bn, the biggest
But some of the rich are financial failure in British
roaring for the rise to continue. history.
Take Adrian Heavy of In the immediate
Tullow. aftermath, British Treasury
He’s just made close on Minister Lord Myners
€150m (£129m), having got warned RBS, now 83%
in early on exploration of owned by the state, that
new oil finds in Central and there must be “no reward
West Africa, where savage for failure”.
wars rage over resources. So a chastened company
Then there’s Oisin was made to change its
olutions–
continue. many had been reluctant to mo- wins, let’s turn to the latest suck this up; why we shouldn’t
Jordan’s demonstrations have bilise because of constant threats twists in the fortunes of Sir draw the conclusion that the
itary Intervention
reached tens of thousands and by their rulers that any change Frederick Goodwin, better plain citizens of the UK or
continue to take place every would lead to a break-up of tribal, known as ‘Fred the Shred’, the Republic who compliantly
Friday. religious or regional bonds. who sashayed away from the accept the austerity cuts are
King Abdullah II is attempting The monumental gains of the Royal Bank of Scotland in fools to themselves and their
activists, so they could revolution there with no action or even critical talks with major opposition lead- Tunisian and Egyptian revolutions October 2008 with £10m in families?
Libyan regime. comment by the US or EU. ers and tribes to appease them. dispelled those fears.
Libya, the western The so-called ‘no-fly zone’ will involve the The pro-democracy movement The peoples of the Middle East
showing little bombing of Libya, civilian casualties and continues on the streets to demand and North Africa, who share a
utions. the opportunity for Gaddafi to pose as an Jordan become a constitutional common language and culture,
nderstand that anti-imperialist. monarchy. feel a new sense of pride that had
ovements will demand Intervention could lead to Libya being evaded them for decades.
wealth going to the partitioned, allowing the resumption of Arab revolutions There is a great sense of dignity
les at the expense of relations with both Gaddafi and a new The Arab revolutions are fun- that comes with spearheading a
companies. government in the eastern part, so long as both damentally revolutions of process of radical change despite
in Libya will be used parts honour oil contracts. underprivileged and poor peo- the very real risk of death every
renew legitimacy for In Ireland, we should support the Arab ple rising-up to demand a decent time you take to the streets.
he region as a whole. people fighting to overthrow dictators by standard of living. This new confidence is spread-
here are threatening demanding an immediate end to Western Regime change, elections and ing at a dizzying speed and has
estern backed military and political support for the corrupt freedom of expression are seen the entire world captivated.
elites that have for decades stolen the as prerequisites to achieving eco- The basic human instinct to de-
atorship has sent regions oil wealth and denied rights and self- nomic well being. mand economic and social justice
rain to put down the determination to its people. The initial trigger for the is one that all suffering peoples in
Tunisian revolution was the self- the world can identify with.
Socialist Worker
and flowers...’
Review by Liam O’Grady
Director David O.
Russell and actor Mark
Wahlberg team up again
as they did on Three Kings
(1999) to deliver The
Fighter, a fast-paced, gritty
true story about one-time
boxer Dicky (Christian
Bale) and his up-and-
coming boxer brother
Micky (Wahlberg).
Wahlberg’s Micky ‘Irish’
Ward is a plucky, talented,
welterweight boxer who
must carry a terrible
burden: his brother-cum- overwhelmingly white. Dicky thinks is a positive The hard-rocking
trainer Dicky Eklund. At the beginning of documentary about his soundtrack forms
Dicky was himself the film, as the camera ‘comeback’. a backdrop to the
a boxing force to be follows Dicky and Micky In fact, it is something boxing-oriented lives
reckoned with ten years parading down the street, quite different. of this working-class
before, when he knocked preening themselves in This film-within-a-film neighbourhood.
Live at The Academy, down Sugar Ray Leonard the neighbourhood, being is about the destructive A cold but sympathetic
Thomas’ new show takes room one Saturday for ille- in the ring. followed by a camera nature of drug addiction in eye cast on the dark side of
Dublin, 10 March us on an ‘extreme ramble’ gally entering Israel. Now he’s addicted to crew recording what 1990’s America. America’s soul.
2011 along the so-called ‘peace Thomas brings energy crack cocaine.
wall’ between Israel and the and enthusiasm to the per- Dicky and his doting Film Review:
Socialist Worker
People Before Profit Alliance Fight Elections on 5 May
The People Before Profit Alliance is a key slogan. brought on by an economy and bank-
is standing for five Assembly seats and Candidates ing system based on greed.
up to a dozen council seats in the elec- “The unity of interests of working-
tions in the North on 5 May. The Alliance’s prospective Assembly class people has never been clearer.
This will be the first serious Left-wing candidates include, Eamonn McCann “Likewise the inadequacy of parties
challenge to the dominance of Orange- in Foyle, Brian Faloon in South Belfast, based on the interests of one commu-
Green politics in a generation. Gerry Carroll in West Belfast, Dympna nity vis-a-vis the other; parties that are
The Northern Ireland Labour Party McGlade in North Belfast, and Harry therefore incapable of mobilising across
in the 1960s provided the last effort on Hutchinson in Mid-Ulster. At least one the divide.
a similar scale. People Before Profit is other may be added. “We are desperately short of re-
offering a far sharper and more radi- “We hope to emulate the success of sources of all kinds, given the size of
cal programme than the NILP ever the Alliance in the Southern election”, the task we want to take on.
contemplated. says Eamonn McCann. “We need all the help we can get.
The People Before Profit Alliance “The challenges facing ordinary peo- “We go into the fray in an optimis-
(PBPA) wants to break with the pes- ple are very similar across the island tic frame of mind, and believe we can
simistic old Left tradition in the North and have the same source: the crisis change the politics of the North.”
of fighting elections to ‘fly the flag’.
“We are in this to win”, says Eamonn
McCann, Assembly candidate for
Foyle.
PBP Manifesto
In its draft manifesto, the Alliance concentrates on policies with a potential to bring the working
The current situation amounts to the class together on an active basis.
best opportunity for a breakthrough PBPA promises to:
since the onset of the Troubles. • play a full part at Stormont but with emphasis on mobilising at grass-roots level;
While the DUP and Sinn Fein are • offer a clear alternative to the cut-backs and carve-up politics of the Executive parties;
riding high as the deal-makers and • expose the culture which allows giant companies to dodge taxes and create the deficit which
enjoying new prestige, working class Westminster and Stormont want to bridge by cutting spending;
communities are being left behind. • fight benefit ‘reforms’ which drive workers into no-hope jobs at rock-bottom wages or face
There is widespread disillusion- a collapse in income;
ment which has not yet registered at • vigorously oppose moves towards ‘social partnership’ which ties unions and community organisa-
the polls. tions to the State;
The effects of the draconian cut-backs • campaign for repeal of Thatcher’s anti-union laws, now devolved to Stormont;
being imposed from Stormont can only • demand that all utilities are brought fully back into the public sector and run in a democratic,
accountable way;
deepen discontent. • campaign to reduce MLA salaries to the average NI wage;
This is the vote the PBPA wants to • fight militarism and paramilitarism: no more waste on foreign wars, mass mobilisation
mobilise. rather than looking to armed groups to deliver progress;
This Alliance has spelt it out that seats • oppose all repressive measures such as last year’s DUP/Sinn Fein Assemblies Bill;
won will be used mainly to amplify the • campaign for equality for immigrant workers, Travellers and all in the LGBT community
voices of discontent and help organise and for liberation and equality for women in all aspects of life;
resistance. • support votes at 16.
‘Defend every job, Fight every cut’ This outline sums up the spirit of our approach.