Workers Solidarity Movement

The markets have spoken and the verdict is that Brian Lenihan's 6 billion euro package of public sector cuts and extra taxation on ordinary workers is not going to work. The confidence in Ireland's future in the international money markets is reflected in the yields in Irish sovereign bonds. These bonds are the IOUs the government issues to borrow the money to plug the shortfall from income to spending. They vary from 2 to 14 years in duration before the money borrowed has to be repaid, the 10 year being the one most closely followed by market watchers. The yield on a bond is the interest rate the state has to pay the lenders. In these last few days increasingly urgent stories in the business pages of the papers have been warning about the dangers of increasing bond yield spreads.

The WSM has released a press statement condemning the Garda attacks on student protesters in Dublin today during which many students were injured by Garda batons.  We say that we need to stand together in this period of attack on our quality of life and futures. What is clear today that like elsewhere around Europe and the rest of the world, police repression will be used by the state to try an make our movements for social justice and equality fearful and less open and effective.

For an account of the protests as they happened with videos see Riot police attack students after they storm Department of Finance in Dublin

Riot police attacked students in Dublin today with dogs, armoured vehicles and horses after the students protesting against government cuts occupied the Department of Finance and threw eggs at the Dail.

Upwards of thirty students occupied the Department of Finance in the center of Dublin with a couple of hundred supporting them in the streets outside.

Another larger group of students was reported outside the Dail throwing cans & bottles at it. Several students were injured in the suppression of the protest.

Tens of thousands of students were demonstrating as part of the USI protests against plans to introduce fees. The students carrying out the occupation appear to have broken away from the main demonstration which took place around the corner in Merrion Square. Student members of the WSM, eirigi and the SWP were at the scene. The WSM members published the reports below to this site.

This afternoons Radio Solidarity show on Near FM will talk about the 1% Network tour of the Golden Circle heartland of Dublin 2 & 4.  If you click on the this 1% Map - you will have a guide to the walking tour .  This will prove helpful when you listen to our report on this walking tour in Radio Solidarity Program 8 - on Resistance going out this afternoon (2 Nov) at 15.30 on NEAR FM. An audio will be available for download later this week.