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Treaty Referendum: 31 May 2012
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The Irish Times is pro-treaty. The government is also pro-treaty. Two countries have so far opted out of this treaty without any problems. Even George Soros says europe’s fiscal compact can’t work in the current format.
A nobel prize-winning economist recommended the Irish government immediately axe these bondholder payments. Needless to say, the ECB is still forcing the Irish people to pay despite the fact there is No legal obligation to pay these unguaranteed bondholders. The opportunity still exists for the ECB to allow Ireland more flexibility before it's too late. The socialization of the debts of the Irish banks, funding consisting of financing from mainly, though not solely, German Investment Banks, was transferred by a corrupt Irish Government as a liability of the Irish taxpayers on September 28, 2008. You are correct that the orders came from Chancellor Merkel and that her intent was to protect the German Investment Banks from losses. Do check out the rest of your suppositions and the facts may surprise you. The austerity program, and its effects have devastated Irish standard of living. Yet the politicians are putting a positive spin on things. Since the Constitution of Ireland is the law of the land, no matter how discomforting it is to all you pro-treaty die harders, the Teutonic fist will be clenched once again; perhaps the Irish will grow a backbone this time around.0 -
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The Irish Times is pro-treaty. The government is also pro-treaty. Two countries have so far opted out of this treaty without any problems. Even George Soros says europe’s fiscal compact can’t work in the current format.
A nobel prize-winning economist recommended the Irish government immediately axe these bondholder payments. Needless to say, the ECB is still forcing the Irish people to pay despite the fact there is No legal obligation to pay these unguaranteed bondholders. The opportunity still exists for the ECB to allow Ireland more flexibility before it's too late. The socialization of the debts of the Irish banks, funding consisting of financing from mainly, though not solely, German Investment Banks, was transferred by a corrupt Irish Government as a liability of the Irish taxpayers on September 28, 2008. You are correct that the orders came from Chancellor Merkel and that her intent was to protect the German Investment Banks from losses. Do check out the rest of your suppositions and the facts may surprise you. The austerity program, and its effects have devastated Irish standard of living. Yet the politicians are putting a positive spin on things. Since the Constitution of Ireland is the law of the land, no matter how discomforting it is to all you pro-treaty die harders, the Teutonic fist will be clenched once again; perhaps the Irish will grow a backbone this time around.
The total amount that burning unguaranteed senior bondholders after the expiry of the Guarantee would have saved is of the order of €6-8bn. Nothing wrong with saving it, but it wouldn't exactly make a hell of a lot of difference to our current debt position.
Outside the simplistic fist-waving world of slogans, both our problems and any potential solutions are much more complicated and a good deal less like silver bullets.
And, as others have said, the hysterical rhetoric doesn't actually make your case any stronger. It just makes it look more ridiculous.
cordially,
Scofflaw0 -
I'm talking about the promissory note too. It could be torn up if we simply enacted new local laws to enable it to be wiped. This would save well over €100 billion thus making Ireland easily service its structural deficit. There is nothing hysterical or exaggerated about this. FG/LAB have the opportunity to do this except Kenny wants a job in Brussels after his term in office expires. We are about to strip ourselves of all remaining control over our sovereignty and our money. We should think again before listening to people like you.0 -
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I'm talking about the promissory note too. It could be torn up if we simply enacted new local laws to enable it to be wiped. This would save well over €100 billion thus making Ireland easily service its structural deficit. There is nothing hysterical or exaggerated about this. FG/LAB have the opportunity to do this except Kenny wants a job in Brussels after his term in office expires. We are about to strip ourselves of all remaining control over our sovereignty and our money. We should think again before listening to people like you.
And the figure of 100 billion comes from? And your proof that Enda Kenny wants a job in Brussels? The conspiracy theory stuff is getting tired to say the least.0 -
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