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national | rights, freedoms and repression | news report

Monday November 22, 2010 10:03

by Madam K

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National Assets Given Away to Big Capital

This video is a scene form a no budget documentary using footage I have filmed over the last 5 years in Mayo.

Camera/ edit Madam K

http://www.youtube.com/watch?v=71-tI2iv7ZQ

Irish state forces used against the people of Ireland to facilitate the the 420,000,000,000+ euro givaway of our natural resources by Fianna Fáil to Multinational Shell ,Statoil E&P. Isn't it time to put tens of billions of potential net worth back on the table?.

"No country in the world gives as favourable terms to the oil companies as Ireland " Mike Cunningham ,former director, statoil E&P Ireland .

Over the last ten years via various EU treaties we have relinquished our right to formulate and articulate our own independent Foreign policy, added to that we have now effectively given up the right to formulate our own economic policy. But arguably the most shameful act of all by this Government was the giving away of our oil and gas resources, the very means that would have given us a sustainable exit strategy from the worst economic crisis in the history of the country.

Everything is up for grabs it seems, except the billions worth of gas and oil off our coasts -- including the Corrib field -- the royalties for which were given away in successive Fianna Fail deals.

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Comments (1 of 1)

by Maura Harrington - S2S; Davitt League

publication date

Mon Nov 22, 2010 17:38

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Thanks Madam K.

As of the 2010 Ken Saro-Wiwa Memorial Seminar held in Wexford
12-14 November the value of our once-owned asset stands at
€631,928,000,000.

And the first item on the agenda is ... cut the minimum wage!!!

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