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PROTECT IRISH HOMES FROM BANKS - HELP US DEMAND THE PROTECTION OF OUR GOVERNMENT - HELP US GET FAIRER USA STYLE SYSTEM
Michael C.
started this petition to
Enda Kenny, Taoiseach (Prime Minister), Republic of Ireland , Eamon Gilmore, Tánaiste (Assistant Prime Minister) Republic of Ireland
Irish Premier Enda Kenny described the homeowner debt crisis - following economic collapse; bursting of the property bubble and the treasonous merging of Sovereign and Banker Debt a the biggest national crisis facing Irish people since the Land Wars in the British Colonial Days of the late 19th Century. In Ireland there is no sharing of debt risk between the lender and borrower. However, Government is bringing in reasonably progressive new legislation on debt management BUT unbelievably are giving the Bankers a Veto on participation in its debt resolution processes. This will make the new law useless. Banks, through the courts are already evicting one homeowner per day. The present law disables a Judge from taking any circumstances into account other than the bank paperwork. This is unjust on a population of 4.5 million (2 million workforce - 800,000 mortgages) on which some €50 billion of Bank bailout debt has been placed and which will impoverish generations to come.
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