Sinn Fein’s Position on the IMF/EU Bailout Gathering Support
Sinn Fein’s Cork South Central candidate, Chris O Leary, said that there is a growing consensus among national and international experts around Sinn Féin’s position on the IMF/EU bailout and the need to remove private banking debt from the shoulders of the Irish people. Chris O Leary made his comments on the campaign trail in Mahon, Cork.
Chris O Leary said: “The issue of the Universal charge is raised on almost every doorstep. It and the other stealth tax rises are causing untold hardship. All this distress stems directly from the bank bailout”
“It is now quite clear that the position Sinn Féin has adopted on the IMF/EU bailout is being supported by a broad spectrum of economic and political commentators. It’s not just many Irish economists , but also economists from Europe and the US including one who won the Nobel Prize for economics”
“The question the other parties, who are all willing to accept the IMF deal, must answer is what is in the interests of the Irish people - making bondholders take the hit, or a sovereign default which would be catastrophic for Ireland and would destabilise the entire Euro zone.”
“It is time for the parties to be honest with the people regarding the IMF deal and what it will really mean for the people and stop pretending that they will get anything meaningful from a renegotiation. How much more in universal social charges, stealth taxes and cutbacks in health and education must Irish people endure? " ENDS
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