Over 100 people attended a successful Solidarity public meeting in Dundee on Thursday October 16th.Tommy Sheridan, Co-Convenor of Solidarity joined Dundee trade unionist Jim McFarlane and other local activists in calling for a socialist solution to the crisis in world capitalism. 

Tommy speaking in Dundee

Tommy reiterated Solidarity’s calls for real public ownership and control of the banks, an end to punitive bank charges in the recently nationalized banks and an immediate stop to home repossessions.

Sheridan Calls for New Bank System

(From The Dundee Courier 17^th October)

www.thecourier.co.uk 

SOLIDARITY convener Tommy Sheridan last night called for banks to be taken into public ownership to mitigate the effects of the present economic crisis.

Speaking to an audience of about 100 in the Lesser Caird Hall in Dundee, Mr Sheridan said, “The unprecedented state takeover of these banks reflects the unprecedented nature of the financial crisis caused by naked capitalist greed and the financing of an economy based on getting people into debt and inflated house prices.

 “A recession in the real world is now upon us and it is not good enough for Gordon Brown to simply call for a return to the commercial lending levels of 2007.  

“Gordon’s formula for avoiding boom and bust by allowing the banks to effectively create fictitious capital and lend money they didn’t really have has been shown to be a disaster. 

 “What Solidarity wants is to use public ownership of the banks to make life better for the majority of people, and to mitigate against the effects of the economic crisis.” 

Among Solidarity’s aims are an end to repossessions and punitive banking charges.