The Workers’ Party
have said that the government should not put one cent more into Anglo Irish Bank saying there was no hope of retrieving the
Reacting to a government
statement that it would invest €4 Billion in the bank over the next few weeks, Cork City North East candidate Ted Tynan
described Anglo as a “black hole” bank and said the state had about as much chance of a return on the bank as
if the Minister for Finance went into a bookies shop and put the money on a badly off-form horse.
“This week hundreds
of thousands of workers are opening their pay packets to find their wages slashed through the now doubled banking levy. They do not want any more money invested in shoring up the banks and want to
see it invested instead into hospitals, jobs, schools and housing. This government
constantly talks about kick-starting the economy but all it is doing is kicking it to death”, said Ted Tynan.
29th May 2009