Finally, Germany Is Talking About Deutschland EU Exit - Dexit 22:57 Apr 21 0 comments The EU in 2019 – the Problem of Survival 18:42 Jan 11 0 comments The publication of a damning report on Ireland’s public services was delayed by EU until after polls... 06:50 Feb 27 2 comments People's News - No. 139 7th Feb 2016 22:58 Feb 10 0 comments Peoples News issue No. 110 Date: 21 – 9 – 14 22:01 Oct 01 1 comments more >>Blog Feeds
Public InquiryInterested in maladministration. Estd. 2005RTEs Sarah McInerney ? Fianna Fail supporter? Anthony Joe Duffy is dishonest and untrustworthy Anthony Robert Watt complaint: Time for decision by SIPO Anthony RTE in breach of its own editorial principles Anthony Waiting for SIPO Anthony
Human Rights in IrelandIndymedia Ireland is a volunteer-run non-commercial open publishing website for local and international news, opinion & analysis, press releases and events. Its main objective is to enable the public to participate in reporting and analysis of the news and other important events and aspects of our daily lives and thereby give a voice to people.Julian Assange is finally free ! Tue Jun 25, 2024 21:11 | indy Stand With Palestine: Workplace Day of Action on Naksa Day Thu May 30, 2024 21:55 | indy It is Chemtrails Month and Time to Visit this Topic Thu May 30, 2024 00:01 | indy Hamburg 14.05. "Rote" Flora Reoccupied By Internationalists Wed May 15, 2024 15:49 | Internationalist left Eddie Hobbs Breaks the Silence Exposing the Hidden Agenda Behind the WHO Treaty Sat May 11, 2024 22:41 | indy
Lockdown Skeptics
Will Trump Ever Admit Lockdown Was a Mistake? Mon Jul 22, 2024 19:35 | Jeffrey A. Tucker
Joe Biden Out in Apparent Palace Coup Mon Jul 22, 2024 17:30 | Eugyppius
Who Will Guard Us Against the Guardian?s ?Fact Checks?? Mon Jul 22, 2024 15:34 | David Craig
Biden Delayed Stepping Down as He ?Doubts Kamala? as Senior Democrats Fail to Back Her Mon Jul 22, 2024 13:19 | Will Jones
The Office of Budget Intractability Mon Jul 22, 2024 11:00 | Andrew Colllingwood
Voltaire NetworkVoltaire, international editionNetanyahu soon to appear before the US Congress? It will be decisive for the suc... Thu Jul 04, 2024 04:44 | en Voltaire, International Newsletter N°93 Fri Jun 28, 2024 14:49 | en Will Israel succeed in attacking Lebanon and pushing the United States to nuke I... Fri Jun 28, 2024 14:40 | en Will Netanyahu launch tactical nuclear bombs (sic) against Hezbollah, with US su... Thu Jun 27, 2024 12:09 | en Will Israel provoke a cataclysm?, by Thierry Meyssan Tue Jun 25, 2024 06:59 | en |
There is still a little time left for Ireland to foil this power grab by the Eurozone elite
national |
eu |
press release
Tuesday August 30, 2011 21:53 by O.O'C. - The National Platform for EU Research & Information 24 Crawford Avenue, Dublin 9 00-353-1-8305792
This ESM Treaty is the first use of the “self-amending” Article 48.6 TEU of the EU Treaties which was inserted by the Treaty of Lisbon. It is seen by the Fine Gael-Labour Government, as well as by its Fianna Fail predecessor, as a way round the restrictions on ratifying new EU Treaties without constitutional referendums here which were laid down by the Supreme Court in its 1987 Crotty judgement. “Ireland entered the euro in 1999 and lost control of the two vital monetary instruments: setting interest rates and setting currency exchange rates. Had Ireland remained outside the euro, its bankers would not have gained access to the euro zone’s vast and low interest borrowing opportunities. Without the outlandish credit available within the euro zone, the building bubble, the resultant government tax windfalls and Ahern’s, McCreevy’s and Cowen’s spending splurge would have been impossible. The country would not now be in receivership . . . For Ireland there has not been a shared and equitable European solution. The banks, mainly German, which lent rashly, are receiving a 100 per cent bailout. Not from those who borrowed, but from the Irish tax payer. Apart altogether from the unfairness of the imposed solution, it will not work, because it cannot.” We need a public enquiry into the sheer civic irresponsibility and governmental incompetence of the politicians and senior bureaucrats who pushed the Irish State into the Euro area in 1999: * an area whose one-size-fits-all interest rate policy was set to suit Germany and France and had the effect of turning the “Celtic Tiger” boom into a bubble; * an area with which we did little more than one-third of our foreign trade, so that the subsequent falls in the dollar and sterling exchange rates have greatly added to our economic uncompetitiveness; * an area whose banking policy is decided by the European Central Bank, which told Messrs Cowen and Lenihan at the time of the blanket bank guarantee in September 2008 that no Irish bank must be let fail, so that the €30 billion debts of insolvent Anglo-Irish would be imposed on Irish taxpayers and the German, British and French banks which had recklessly lent to Anglo and the other Irish banks to stoke our property bubble would get their money back. British Chancellor George Osborne stated in early August that the Eurozone should move towards a fiscal union, with supranational control on budgets, taxes and public spending in order to shore up the euro-currency, but that the UK would not be joining that. This marks an important change in UK Government policy, which has sought since 1961 to be at the heart of the EU, sharing basic EU policy-making with Germany and France. If the Irish State goes along with moves towards a Eurozone fiscal union, while the North stays with sterling in the UK, it must profoundly deepen the political-economic gulf between North and South in Ireland. The Coalition Government in Dublin is now preparing to ratify the European Stability Mechanism Treaty for the Eurozone which Finance Minister Michael Noonan signed on 11 July, as well as the Article 136 TFEU amendment to the EU Treaties which permits that, without a constitutional referendum. The ESM Treaty commits Ireland “irreversibly and unconditionally” to contributing €11 billion in various forms of capital to the ESM Fund from 2013, with provision for regular capital increases thereafter. This mechanism is seen by Germany and France as the way to establish a two-tier EU, with themselves effectively running an inner-core Eurozone, and the Irish State, if it remains with the Euro-currency, effectively reduced to being a permanent financial fiefdom of Germany and its allies. This ESM Treaty is the first use of the “self-amending” Article 48.6 TEU of the EU Treaties which was inserted by the Treaty of Lisbon. It is seen by the Fine Gael-Labour Government, as well as by its Fianna Fail predecessor, as a way round the restrictions on ratifying new EU Treaties without constitutional referendums here which were laid down by the Supreme Court in its 1987 Crotty judgement. There is still a little time left for Ireland to foil this power grab by the Eurozone elite if our political leaders can summon the courage to serve the Irish people rather than themselves. - Anthony Coughlan, Director, The National Platform for EU Research & Information |
View Comments Titles Only
save preference
Comments (3 of 3)
Jump To Comment: 1 2 3There is no time left, because all the main liar and deceptive parties would have been aware of this for the Lisbon Treaty and since they signed up to that, then there is absolutely no reason they are going to change anything now. The people of Ireland would have to rise up for this to be stopped because even if there was a massive protest which is vainishingly small, it would be completely ignored and have no effect on policy.
We ought to remember that both the NICE Treaty and Lisbon Treaty were sold to us in a totally dishonest way from beginning to end.
Ah few years back I wrote about this when Lisbon was rightly called the CONstitution of the EU and about the self amending clause. I said a global economic crisis would be enginered to justify a much the end of any remaining self-determination among nation states in the run up to the New World Order's final goal and was dismissed as a conspiracy theorist.
Ireland has a choice to make.
Hand over the rest of what we have after bailing out the (primarily) Gernan and Franch bondholders to Germany and France or we should once again change our currency and use the British Pound or the US Dollar as our currency. I know there would be severe objections by many to using sterling but it is a strong currency. I have always maintained we are closer to the UK and USA than to the Germans and French and we should keep our relationship with UK and USA no matter what the cost ahead of our relationship with Europe.
Whilst the Dollar is something we should seriously consider also, the Dollar could have its problems in the near future due to the level of debt of America.
ok Mr Obama, Ireland is for sale to be the 51st state for X billion or ok Queenie, we are for sale for X billion Pounds --- Irish people cannot live with 3rd rate infrastructure as hospitals amongst other necessary services close or are seriously cut back.