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Leprechauns Descend on Irish Embassy Calling for Debt Relief

March 16, 2012, 4:03 pm | Posted by Tara Culp-Ressler

In a creative action in the lead-up to St. Patrick’s Day, Jubilee USA Network organized an event at the Irish embassy today to call for debt forgiveness for the Irish people, who are saddled with massive debt from Anglo, a reckless bank that financed some of the country’s worst property speculators.

Participants dressed as leprechauns to represent the irresponsible banks and hoarded pots of gold to symbolize the money that is being taken from the Irish people.

As one member of Jubilee Ireland was quoted in the organization’s press release:

“People in Ireland are now living through the same mistakes that were imposed on people who have been living through debt crises for generations in Africa, Asia and Latin America. It’s time for a line to be drawn under reckless lending and borrowing. Writing down the illegitimate Anglo debt would be a very good place to start.”

In light of last fall’s Vatican document on the global financial market, calling for more equitable financial transactions and more effective regulation of currently unfettered markets, it’s clear that this is a critical aspect of economic justice.

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