Adams calls for referendum on bank bailout
Sinn Féin President Gerry Adams has called for a referendum on the bank bailout.
Speaking in Dublin this morning Mr Adams said:
“The banking system is busted. Irish people cannot afford to pay the billions that the Fianna Fáil/Green Government and Labour and Fine Gael have agreed to. In four weeks time Anglo Irish and Irish Nationwide will be gifted another €30.6billion. That is €3billion each year for 10 years. Sinn Féin will not proceed with this bailout to the banks.
“But it is not too late. The banking system can be fixed. The economy can be regenerated. This requires jobs and not dig outs to toxic banks. Sinn Féin is calling for a consultative referendum on this issue. It burdens every citizen, our children, our grandchildren and our great grandchildren.
“The people should have their say. There should be a referendum.” ENDS