Public and private debt is crippling our economy and hundreds of thousands of families.
Fianna Fáil, Fine Gael and Labour have repeatedly put the interests of the banks before that of the economy, of society and of hard pressed families. €64 billion of taxpayers’ money was poured into the banks. Over €30 billion went to NAMA. Yet families in mortgage distress and struggling small businesses are left to fend for themselves.
Nowhere is Fine Gael and Labour’s unfair recovery more evident than in the treatment of banks versus the treatment of householders and small businesses.
Despite their pre-election rhetoric, Fine Gael and Labour have never even asked for a write down in the banking debt foisted on the Irish people by Fianna Fáil.
Meanwhile, banks were given a veto on mortgage deals with struggling families. They have used this veto to block deals that would allow people to remain in their homes and legal proceedings to repossess homes have increased tenfold.
Sinn Féin firmly believes that a better deal on both the public and private debt is possible.
Sinn Féin Would:
The coming election will be about who can deliver a fair recovery for all our citizens. At present we have parties that imposed austerity, punished those most in need and are now claiming a one sided and unfair recovery. Sinn Féin offers a republican vision of Ireland, deliverable policies for a fair recovery and a new form of politics. An Irish language version of this document is also available here.