Email Your TD Campaign

Please take part in the email letter campaign which aims to put a stop to the current proposed NAMA legislation going through on the 19th September. We urge you to take part in this campaign by simply sending the attached draft email to your TDs.

The NAMA legislation proposes to allow the government to purchase 90 billion of bad loans from the Irish banks at prices above market prices. They are also proposing that NAMA does not fall under the freedom of information act so this colossal transfer of the taxpayer’s money to the banks will happen in a completely secretive and unaccountable way.

If this bill goes through it’s a done deal that the taxpayer will be made unnecessarily overpay for bank assets by a huge margin. The government is clear on this; they are putting the bank stakeholders ahead of the Irish taxpayer by making such an absurd proposal. This is the appropriation of both current and future taxpayer’s money for the benefit of a small number of bank stakeholders that willingly chose to take stakes in our banks.

Overpaying for these assets will have disastrous consequences on services in Ireland for decades to come; because of this, it is completely unacceptable for our TDs to merely vote along party lines on NAMA. The current and future health of our nation should be the main priority of our TDs and not party loyalty. This letter campaign is to demand accountability from our representatives in the Oireachtas. We have attached a draft letter to this effect on the blog that you can use and with all the email addresses of our TDs. Could you please CC NoToNama@gmail.com so we can keep a log of emails sent and thus ensure that TDs respond to our protests.

Already services have been slashed nationwide and PAYE taxes hiked in order to deal with the current economic reality. We are all familiar with the health care services that continue to be cut nationwide the re-introduction of third level fees was quick to be put forward as a cost saving initiative. An Bord Snip Nua has just proposed another 3 billion in cutbacks, at the same time the government is proposing to pay 15 billion over the odds for bank assets. The government has unambiguously shown a clear preference to slash investment in the future productive capacity of Ireland in order to bail out a select few bank stakeholders and builders.

We as a nation need to demand accountability and a fairer solution for the taxpayer to the banks current woes. All it will take is 3 minutes of your time to do this by sending an email to your TD. Please copy this entry and forward it to as many people as possible.