user preferences

New Events

Ireland / Britain

no event posted in the last week

‘Debt Ain’t No Way to Treat A Lady’ - Anglo: Not Our Debt article for Women’s Day

category ireland / britain | economy | non-anarchist press author Thursday March 08, 2012 21:54author by Vicky Donnelly - Irish Left Review Report this post to the editors

“THERE MUST BE 50 WAYS TO LEAVE YOUR LENDER”

On the occasion of International Women’s Day we ask - Is Ireland stuck in an abusive relationship with the Troika?

The gendered impact of debt and austerity on women is well documented and, as we mark International Women’s Day 2012, one of the starkest reflections of this financial crisis is the news that demand for domestic violence services in Ireland has increased by 40% over the past three years.

Yet the people elected to provide the services we need are the very ones insisting that cuts must be made so that we can pay off the private gambling debts of reckless financial speculators. Could it be the Irish government is itself in an abusive relationship with the Troika?

According to Women’s Aid, in addition to physical, sexual and psychological abuse, perpetrators can also use money and finances to control their victims and their description of Financial Abuse is worth a look in the context of the Irish government’s dealings with our partners from the IMF, EC and ECB.

Women’s Aid define Financial Abuse as a form of violence in which the abuser uses money as a means of controlling his partner. It is a tactic that abusers use to gain power and dominance, isolating their partners into a state of ”complete financial dependence.” By controlling access to financial resources the abuser ensures that their partner will be forced to ”choose between staying in an abusive relationship and facing extreme poverty”

Surely it’s time that Enda and Michael took a long hard look at our relationship with the Troika and ask, “Are our needs ignored or considered unimportant?” Does the Troika “make all the decisions in the relationship and control our access to basic essentials?” Has the Troika “forced us to do something that we really did not want to do?”

In cases of financial abuse, Women’s Aid explain, the abuser controls the family finances. Their partners may not be allowed to have an independent income and may have to account to the abuser for all purchases and spending. The abuser may take control of bank cards and empty joint accounts (or pension reserves, perhaps). Money may be withheld if the abuser’s demands are not complied with and they may deny money (or threaten to) needed to pay household bills or buy necessities for children. Crucially, the abuser often persuades their partner to take the blame and will, Women’s Aid caution, try to use the recession to justify the abuse.

Then there’s the question of or whether the Troika have been been abusive in previous relationships? The evidence here is hard to ignore.

With their imposition of cuts to health, education and social protection in some of the world’s most economically challenged countries, the IMF have a shameful record of financial abuse. In the past, a UNICEF report explicitly held IMF policies responsible for the death of 500,000 children per year, while the ongoing practices of coercing Southern countries into neo-colonial trade agreements leaves Europe’s reputation far from clean.

Yes, these guys have abused before and while we may want to believe it’ll be different this time, it’s time to face the facts: this relationship is toxic and it has distorted our leaders’ thinking. How else to explain a government - one that made pre-election promises, incidentally, to renegotiate the terms of the ‘bailout’ - that forces women and men and vulnerable children to take 100% responsibility for the financial collapse while insisting that the private institutions responsible for the mess should be paid off “on time and in full”?

Abusers shift the blame and they lie. The greatest of these lies is not that these debts are just - morality is clearly not the Troika’s concern - it is that they are payable. They are not. The socialisation of the Anglo/Nationwide liabilities via the infamous Promissory Note will cost people in Ireland upward of €47 billion, or a fifth of ’our’ national debt, or the equivalent of an austerity budget every year for the next decade and beyond. A debt burden of this scale cannot be borne. The only responsible option is to suspend payment now and to negotiate a write-down of these debts, while we still have the semblance of a functioning society, or else endure until there is literally nothing left to cut and fall into default.

For women suffering the hell of domestic violence the options are curtailed by a number of factors (not least the inadequacy of funding for refuges and support services). Yet, despite the fear, risks and limited choices, hundreds of women every year find the courage to leave their abuser to rebuild their lives and those of their children. The crucial point about Ireland’s abusive relationship with the Troika is that, regardless of what we’re being told, we do have choices. We can chose to suspend payment on the promissory note before the next payment falls due on the 30th March and then insist on a write down on the principal (rather than letting the Troika sweet talk us with the suggestion of a meaningless interest rate reduction). We can choose to prioritise the survival of our society over the illegitimate debts of a zombie bank. Regardless of what the abuser says, there are always alternatives. Our first step should be to follow this advice from women’s Aid: ’Get out, if you can.’ Enda, Michael, we know you’re scared but, honestly, this is hurting us more than it hurts you.

This page has not been translated into 中文 yet.

This page can be viewed in
English Italiano Deutsch
Verso lo sciopero generale e sociale nel mondo del lavoro, nei territori, nelle piazze

Ireland / Britain | Economy | en

Fri 24 Oct, 21:35

browse text browse image

lochgarmenausteritybanner.jpg imageBudget 2013 & the dark times to come 21:42 Fri 07 Dec by Andrew 0 comments

Roughly 1,000 people protested at the Dail (parliament building) in Dublin Wednesday night as yet another austerity budget was debated. As with previous budgets the new flat rate taxes, PRSI & excise hikes will mean workers & those on low income will be hit hard while the richest 1% will hardly notice any difference.

atloendacover1015lr.jpg imageTIME...is on my side! 03:54 Sat 06 Oct by Costas Avramidis 0 comments

That pat on the back to our "glorious leader Enda" in Time Magazine fails to come to terms BIG TIME with the reality on the ground here in Ireland.

tinycropmap.jpg image1,600 billion - Massive scale of oil giveaway revealed in Shell to Sea report 16:16 Tue 11 Sep by Workers Solidarity 0 comments

€1,600 billion. That is the figure for Irish Oil & Gas reserves already licensed revealed this morning in a detailed report from Shell to Sea using the energy corporations own reports and estimates. People in Ireland will see almost no benefits from this incredible wealth because the Irish state gives these reserves to the corporations at the cheapest terms in the world.

cameron.jpg imageTories announce new plans to cut housing benefit from under 25s 16:03 Wed 27 Jun by Sean M. 0 comments

David Cameron plans to end housing benefit for claimants aged 16-24. The ‘proposal’ forms part of wider recommendations to begin being implemented next year as part of the new Welfare Act. Further plans being rolled out including linking regional play with regional benefits, breaking the link between benefits and inflation, and considering linking benefits to average earnings and cost of living amounting to a further attack on worker’s rights and conditions.

textECB gives banks 6,250 years worth of Household Tax 23:57 Fri 02 Mar by Paul 0 comments

Wednesday the European Central Bank (ECB) gave out 530 billion euros in 3-year term loans to the private banks of the Eurozone. Together with the 490 billion they doled out last December, that's over 1 trillion euros. If pigs could fly and politicians never lied and every household in the country was magically able to pay the hated Household Tax, the total receipt would be 160 million euro. At that rate, it would take 6,250 years to amount to 1 trillion. It would also take 20 years to amount to the 3.2 billion euros the state are handing over to the Anglo bondholders on the 31st March coming.

topcopvendetta.jpg imageDublin demonstrates against ACTA & SOPA but it is about more than just downloading 20:26 Mon 13 Feb by Andrew 0 comments

Dublin last weekend saw about 400 people take part in a demonstration against the intention of Seán Sherlock, the Labour Party Minister for Research and Innovation to bring into law a requirement for Irish internet service providers to block access to sites that allow the downloading of copy righted material. This is a similar law to the SOPA and ACTA laws that Hollywood & music industry lobbyists tried unsuccessfully to force through the US Congress. A second demonstration is to take place this Saturday.

south_londonmedium.jpg imageHalf a million take to the streets of London against cuts 21:25 Tue 29 Mar by Steven 0 comments

500,000 people marched last Saturday against the coalition government's austerity measures, with the support of the majority of the population.

clarion__low_wages.jpg imageClarion hotel in Cork and Davenport in Dublin: Fighting for solidarity the key 20:43 Thu 24 Feb by Kevin Doyle 0 comments

The attack on workers at the Davenport Hotel in Dublin had highlighted the greed and bullying in the hotel business. A similar case to that at the Davenport has come to light here in Cork. But so far fear has ruled the day. The Clarion describes itself as one of “Cork’s premier 4 Star City Centre Hotels”. Although it’s well able to charge for its rooms it cannot find its way to granting its workers a 29 cents per hour pay rise.

video1% Walk in Dublin: Video Report 07:49 Sat 16 Oct by Dave Donnellan 0 comments

A political walking tour through the heartland of the Golden Circle in Dublin.

Cement truck blocks access to parliament imageProtests in Ireland as part of European action against crisis 22:40 Thu 30 Sep by Alan, Shane, Andrew 0 comments

Despite the escalating costs for the working class of the crisis in Ireland resistance has fallen off ever since the pro partnership leadership of the unions succeeded in getting the Croke park deal passed by the membership. The deal makes vague promises not to impose further pay cuts on the public sector in return for large scale restructuring but was conditional on the economic situation not declining further. Yesterday saw the unions return to the streets with a press call that the left, including the anarchist movement, tried to push into a demonstration. That morning in a rather unusual individual action a man parked a slogan covered cement lorry in the gates of the Dail (parliament building) blocking access. These articles from the WSM site report on these events and include the speech delivered by a WSM member at the protest.

more >>

imageGovernment legislation an attempt to bully trade unionists into voting for paycuts May 27 by Gregor Kerr 0 comments

The "Financial Emergency Measures in the Public Interest Bill 2013", published by the government on Thursday last (23rd May), is a clear attempt to bully public sector workers into voting for the re-hashed terms of the Croke Park II deal emphatically rejected by them just a couple of weeks ago.

image650,000 Homes STILL Not Paying Unjust Tax May 24 by Dermot Freeman 0 comments

In spite of a long and consistent campaign which has been waged against people in relation to the imposition of this unjust and unfair tax on homes, over 650,000 households have not registered with revenue [22.05.2013]. Draconian legislation and the threats of fines has not resulted in people volunteering their information to the revenue.

imageThe Croke Park extension: What it is and how to fight it Feb 27 by Mark Hoskins 0 comments

Early yesterday morning, the leadership of the public sector committee of ICTU emerged from talks with the government claiming they had achieved the best possible outcome from the negotiations. The best possible outcome in question involves extra hours at work, cuts in overtime rates and allowances for unsociable hours, delayed increments and revisions to flexitime arrangements and work-sharing patterns.

imageSean Quinn - Cowboy turns desperado - A Western in four parts Aug 02 by Dermot Freeman 0 comments

We don’t know a lot about the personal life of this son of a small farmer. He was the richest man in Ireland in 2008 with an estimated wealth of €4.7billion and now he is only out of jail because the Judge wants him to help the Irish Resolution Banking Corporation (IRBC) recover some of the €2.8 billion that he owes them. You may never have heard of IRBC but you will know of it’s previous alias: Anglo Irish Bank,winner of the dodgiest bank award in a state where there is stiff competition for that prize. His son is in prison, (plush Training Unit in Mountjoy) serving a sentence for what the Judge called ‘outrageous’ contempt of court as he sought to put money/assets beyond the reach of the bank. His nephew Peter is supposed to be there for the same reason but has gone missing. All we know about Sean – the daddy of the empire is that he’s big into the GAA and he likes to play poker for a few quid with his friends. Along with his love of poker, I would guess that Sean senior fancies the odd western.

imageCarve up of Girdwood site in Belfast reflects the sectarian carve-up May 26 by Sean Matthews 0 comments

The sectarian row over the former Girdwood army barracks site in North Belfast is part of a larger picture of sectarianism and segregation forming the bedrock of the status-quo, with our local political class depending on it for their very political survival.

more >>
Sorry, no press releases matched your search, maybe try again with different settings.
© 2005-2014 Anarkismo.net. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Anarkismo.net. [ Disclaimer | Privacy ]