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BLOOD ON OUR HANDS   YOUR CASH KILLS KIDS

PENSION FUNDS IN WEAPONS PUTS MONEY BEFORE MORALS

The National Pension Reserve Fund (NPRF) has invested € 500 million in companies that produce weapons of mass destruction – notably nuclear weapons, missiles, and cluster bombs. The NRPF will finance pensions for schoolteachers, nurses, prison officers, gardaí and other public servants, after the year 2025. It will also help to fund any social welfare payments made after that date.

This despite the fact that the NRPF was a signatory of the UN Principles for Responsible Investment in 2006.

There is no ethical legislation in Ireland to prevent this kind of investment. Norway, on the other hand, has excluded any firms involved in nuclear weapons and cluster bombs from its similar fund.

Bertie Ahern has promised to campaign for a complete ban on the use of cluster bombs. In the Programme for Government, the government said it would seek an immediate freeze on their use. Yet Ireland has nearly € 70 million worth of shares in seven of the world’s main cluster-bomb producing companies.

WHAT CAN BE DONE?

Get Questions asked in the Dáil, with a view to a Bill to implement the UN Principles of Responsible Investment at a national level and to exclude (on the Norwegian model) any firms involved in nuclear weapons, cluster bombs, etc., etc.

“DOSSIER OF SHAME.”

The top 10 arms-producing firms + the value of Irish shares.

BOEING, USA. Aircraft, missiles, etc. € 18,871,586.

NORTHROP GRUMMAN, USA. Aircraft, missiles, etc. € 2,549,571.

LOCKHEED MARTIN, USA. Aircraft, missiles, cluster bombs, etc. € 17,124,321.

BAE SYSTEMS, UK. Aircraft, nuclear warheads, etc. € 14,543,571.

RAYTHEON, USA. Cluster bombs, missiles, etc. € 12,392,445.

GENERAL DYNAMICS, USA: Cluster bombs, etc. € 12,712,947.

FINMECCANA, Italy. Nuclear warheads, etc. € 9,680,018.

EADS, Netherlands. Aircraft, cluster bombs, nuclear warheads. € 19,488,139.

1-3 COMMUNICATIONS, USA. Cluster bombs, etc. € 692,916.

THALES, France. Cluster bombs, etc. € 6,636,170.

Précis of articles in The Star, 27 – 28 Nov 2007


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A film about the women from the Greenham common Peace Camp ,Yellow Gate and their outwitting of the British and US Military with bolt cutters and legal challenges. Premieres at the Galway Film Fleadh Thursday July 12th 11am


"BIG PLANE  SMALL AXE"
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