By Election 2011 Manifesto

1
n Investment down €26 billion n Austerity has cut €14.6 billion out of the economy U nemployment is up since Fine Gael and Labour took office, despite nearly 40,000 emigrating. Living standards are down and the crises in health and education are dire. The cuts in Connolly Hospital and to local SNAs and resource teachers shows this. This Government believes that the wealthy elite who caused this crisis can get us out of it. That approach, coupled with the policy of austerity, is madness. The only alternative is for the state to implement a massive pro- gramme of Public Investment. n Stop austerity cut- backs now. Defend Health, Education and all Public Services. n Develop the infrastructure we require and create jobs. Proceed with Metro North and Metro West immediately. n Defend the right of all to a decent job and education. n Every €1 billion invested can create in the region of 12,000 new jobs both directly and indirectly. n Just €15 billion of public investment, a fraction of the Anglo bailout, could provide jobs for the 150,000 jobs and transform the performance of the economy overall. n For a massive programme of demo- cratically controlled public investment to develop a strong wealth pro- ducing industrial base and economic security for all. Where is the money? n Productive investment would quickly pay for itself and adds to the value and wealth in society. n In 2010, 300 people in Ireland had assets, excluding the primary home, of €57 billion - up €6.7 billion on 2009. n The top 1% have 20% of the wealth and the top 5% have 40%. n Last year, economist Michael Collins said there were 110 tax loopholes that overwhelmingly benefit the super rich, costing the exchequer €11 billion. n Big business raked in €30 billion profits in 2010 alone. We are told that this wealth can't be taxed or taken because they will then stop investing. But they aren’t investing! And they won’t unless they can make a big enough profit. That is capitalism. This system has failed and should be ended. We say don't allow them to squander key economic resources while the major- ity are hit by an unprecedented eco- nomic and social crisis. n Tax the super-rich and big business - No to the Household or Water Taxes. n Scrap exemptions and subsidies to big business. n For a significant increase in corpo- ration tax – Every 1% rise would net another €300 million. n An emergency 10% wealth tax on the richest 300 would net €5.6 bil- lion. A tax on all the super rich would yeild a lot more. n For public ownership of the banks and financial institutions and democratic control, so they serve the needs of ordi- nary people and small busi- nesses. n For democratic public ownership of the key sec- tors of the economy so the resources can be used in a planned way for people’s needs. A CRAZY WORlD PUBlIC INvESTMENT “The fi rst thing you need to k now about Gol dman Sach s is that it's everywher e. The world's most pow erful investment bank is a gre at vampir e squid wrapp ed around the face of human ity, rele nt- l essly jam ming its blo od funnel into any - thing that smel ls like money.” Rolling Stone magazine, April 5, 2010 Our job is to ma ke mo ney from it. An d pe rsonally , I’ve b een dr eaming o f this m oment for 3 yrs. I have a con fession, which i s: I go t o bed e very nig ht, I drea m of ano ther rec es- sion . I drea m of ano ther momen t like t his.” Alessio Rastani, market trader, inter- viewed on BBC News “Class warfare is goin g on and my class isn’t just win ning, I mean we’ re k illing them” World’s third richest man, WARREN BUFFETT, October 2011. T he EU crisis and financial instabil- ity is getting worse and the EU leaders are responsible for this. They facilitated the casino financial markets over many years. Their bailout deals are just about saving bankers and speculators at our expense. They are using blackmail to de- mand that €3.5 billion is paid to un- guaranteed Anglo speculators in the next months, nearly the total of the austerity due in December’s Budget. New estimates say the cost of the Anglo bailout could be between €70 and €90 billion. This is obscene and it must end. Resisting the EU / IMF Deal is the best way to fight bankruptcy In Ireland, to pay back the debts and interest we've being saddled with would need a sustained high growth rate significantly above 3.5%, the EU / IMF interest rate. But EU / IMF austerity and the strike of investment rules that out. We can’t pay or abide by this austerity/bailout deal. n Build a united movement of work- ers and young people across Europe to stop EU austerity. n Democratic public ownership of the banks and financial system in Ire- land and Europe and run them for the benefit of society. Guarantee the savings of ordinary depositors and workers’ pension funds. n Refuse to pay the gambling debts of speculators - refuse to abide by the EU / IMF Deal. n Instead, demand an economic bailout that benefits ordinary people in Ireland and throughout Europe. n Unite with the people of Greece, Spain, Italy and Portugal, with whom we share a common misery and a common struggle. n Fight against the capitalist policies of the EU, link up with workers and young people in all the other countries who are also suffering austerity. n For a Government based on working class people that implements genuine socialist policies in Ireland and gives peo- ple the chance of a decent future. n A Europe for the millions not the millionaires – for a socialist Ireland and a socialist Europe. In Ireland and across Europe – Put people’s needs first 5. The only way out of this crisis For a real bailout – Not this EU / IMF rip-off Markets wage class war 1. 2. 3. 4. Stop the austerity Tax big business and the super rich Use economic resources for people not profit Public Investment - For Jobs Now! €3.6 to €4 billion austerity for us in December but Labour & Fine Gael will give unguaranteed Anglo bondholders €3.5 billion at the same time. 449,600 - the numbers of ordinary working people on the live register, nearly one eighth of the entire population - what a rotten system that cannot use people’s capabilities and talents. At the height of the crash - 2009 - the top 300 people in Ireland increased their wealth by €6.7 billion, to a total of €57 billion. Anglo Bailout - pick your number. The Government insist that the total cost of the Anglo bailout will be €47 billion. Other economists and commentators say €75 or even €90 billion over the next twenty years. The ULA was initiated by the Socialist Party, People Before Profit and the Tipperary Workers and Unem- ployed Action Group. It has five TDs and wants to build a new party to really represent working people. Many have joined since its launch in November last - get involved today! UNITEDLEFTALLIANCE.ORG United LEFT ALLIANCE MORTgAgE CRISIS Labour & FG abandoning struggling homeowners - we say bailout the victims not the perpetrators! n 10,000 cases in the court system - we say outlaw repossessions. n Reduce all “property bubble” mortgages to affordable levels.

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Centre Pages of the Socialist Party manifesto for the 2011 Dublin west by election

Transcript of By Election 2011 Manifesto

Page 1: By Election 2011 Manifesto

n Investment down €26 billion

n Austerity has cut €14.6 billion out

of the economy

Unemployment is up since FineGael and Labour took office,despite nearly 40,000

emigrating.Living standards are down and thecrises in health and education aredire. The cuts in Connolly Hospitaland to local SNAs and resourceteachers shows this.This Government believes that thewealthy elite who caused this crisiscan get us out of it. That approach,coupled with the policy of austerity,is madness. The only alternative is for the stateto implement a massive pro-gramme of Public Investment.

n Stop austerity cut-backs now. Defend Health,Education

and all Public Services.n Develop the infrastructure we requireand create jobs. Proceed with MetroNorth and Metro West immediately.n Defend the right of all to a decentjob and education. n Every €1 billion invested can createin the region of 12,000 new jobs bothdirectly and indirectly.n Just €15 billion of public investment,a fraction of the Anglo bailout, couldprovide jobs for the 150,000 jobs andtransform the performance of the economy overall.n For a massive programme of demo-cratically controlled public investment todevelop a strong wealth pro-ducing industrial base andeconomic security for all.

Where is the money?

n Productive investment would quicklypay for itself and adds to the value andwealth in society.n In 2010, 300 people in Ireland hadassets, excluding the primary home, of€57 billion - up €6.7 billion on 2009.n The top 1% have 20% of the wealthand the top 5% have 40%. n Last year, economist Michael Collinssaid there were 110 tax loopholes thatoverwhelmingly benefit the super rich,costing the exchequer €11 billion.n Big business raked in €30 billionprofits in 2010 alone.

We are told that this wealth can't betaxed or taken because they will thenstop investing. But they aren’t investing! And they won’t unless they can make abig enough profit. That is capitalism. Thissystem has failed and should be ended.We say don't allow them to squanderkey economic resources while the major-ity are hit by an unprecedented eco-nomic and social crisis.

n Tax the super-rich and big business -No to the Household or Water Taxes.n Scrap exemptions and subsidies tobig business. n For a significant increase in corpo-ration tax – Every 1% rise would netanother €300 million.n An emergency 10% wealth tax on

the richest 300 would net €5.6 bil-lion. A tax on all the super richwould yeild a lot more.n For public ownership of thebanks and financial institutionsand democratic control, sothey serve the needs of ordi-nary people and small busi-nesses. n For democratic publicownership of the key sec-tors of the economy so theresources can be used in aplanned way for people’sneeds.

A CRAZY WORlD

PUBlIC INvESTMENT“The first thing you

need to know about

Goldman Sachs is that

it's everywhere. The

world's most powerful

investment bank is a

great vampire squid

wrapped around the face

of humanity, relent-

lessly jamming its

blood funnel into any-

thing that smells like

money.”Rolling Stone magazine,

April 5, 2010

“Our job is to make

money from it. And

personally, I’ve been

dreaming of this moment

for 3 yrs. I have a

confession, which is: I

go to bed every night, I

dream of another reces-

sion. I dream of another

moment like this.”

Alessio Rastani, market trader, inter-

viewed on BBC News

“Class warfare is going

on and my class isn’t

just winning, I

mean we’rekilling them”

World’s third

richest man,

WARREN BUFFETT,

October 2011.

The EU crisis and financial instabil-ity is getting worse and the EUleaders are responsible for this.

They facilitated the casino financialmarkets over many years.

Their bailout deals are just aboutsaving bankers and speculators at ourexpense.

They are using blackmail to de-mand that €3.5 billion is paid to un-guaranteed Anglo speculators in thenext months, nearly the total of theausterity due in December’s Budget.

New estimates say the cost of the

Anglo bailout could be between €70and €90 billion. This is obscene and itmust end.

Resisting the EU / IMF Deal is the best way to fight bankruptcy

In Ireland, to pay back the debtsand interest we've being saddled withwould need a sustained high growthrate significantly above 3.5%, the EU/ IMF interest rate.

But EU / IMF austerity and thestrike of investment rules that out. Wecan’t pay or abide by thisausterity/bailout deal.

n Build a united movement of work-ers and young people across Europeto stop EU austerity.

n Democratic public ownership ofthe banks and financial system in Ire-land and Europe and run them forthe benefit of society. Guarantee thesavings of ordinary depositors andworkers’ pension funds.

n Refuse to pay the gambling debtsof speculators - refuse to abide bythe EU / IMF Deal.

n Instead, demand an economicbailout that benefits ordinary peoplein Ireland and throughout Europe.

n Unite with the people of Greece,Spain, Italy and Portugal, withwhom we share a common miseryand a common struggle.

n Fight against the capitalist policies

of the EU, link up with workers andyoung people in all the other countries who are also suffering austerity .

n For a Government based onworking class people that implements genuine socialist policies in Ireland and gives peo-ple the chance of a decent future.

n A Europe for the millions notthe millionaires – for a socialistIreland and a socialist Europe.

In Ireland and across Europe – Put people’s needs first

5.

The only way out of this crisis

For a real bailout – Not this EU / IMF rip-off

Markets wage

class war 1.2.

3.4.

Stop theausterity

Tax big

business

and the

super rich

Use economicresources forpeople notprofit

Public Investment- For JobsNow!

€3.6 to €4 billion austerity for us in

December but Labour & Fine Gael will give

unguaranteed Anglo bondholders €3.5

billion at the same time.

449,600 - the numbers of ordinary

working people on the live register, nearlyone eighth of the entire population - what a

rotten system that cannot use people’s capabilities and talents.

At the height of the crash - 2009 - the top

300 people in Ireland increased their wealth

by €6.7 billion, to a total of €57 billion.

Anglo Bailout - pick your number. The Government insist that the total cost of the

Anglo bailout will be €47 billion. Other

economists and commentators say €75 or

even €90 billion over the next twenty years.

The ULA was initiated by the Socialist Party, PeopleBefore Profit and the Tipperary Workers and Unem-

ployed Action Group. It has five TDs and wants tobuild a new party to really represent working people.Many have joined since its launch in November last -

get involved today! UNITEDLEFTALLIANCE.ORG

United LEFT ALLIANCE

MORTgAgE CRISISLabour & FG abandoningstruggling homeowners -we say bailout the victimsnot the perpetrators!n 10,000 cases in the

court system - we sayoutlaw repossessions.

n Reduce all “propertybubble” mortgages toaffordable levels.