Posted on 11/30/2010 10:31:51 PM PST by FromLori
IS it time to leave the European Union, would we be Better Off Out? As the Daily Express courageously insists: Of course we would.
Over the last 20 years I have been promoting the very simple idea that our country would be doing itself, its people and the rest of the world a great favour by returning to self-governance.
And this is why.
We would be Better Off Out financially by simply not paying the £48million a day to the European Union. This would be money better spent at home with priorities set by our elected representatives, rather than returned in part with European conditions.
We would be Better Off Out financially minus the dead weight of regulation that makes the life of our businesspeople a misery.
(Excerpt) Read more at express.co.uk ...
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Ireland’s Debt Servitude
Stripped to its essentials, the €85bn package imposed on Ireland by the Eurogroup and the European Central Bank is a bail-out for improvident British, German, Dutch, and Belgian bankers and creditors.
The Irish taxpayers carry the full burden, and deplete what remains of their reserve pension fund to cover a quarter of the cost.
This arrangement – I am not going to grace it with the term deal – was announced in Brussels before the elected Taoiseach of Ireland had been able to tell his own people what their fate would be.
The Taoiseach said afterwards that Brussels had squelched any idea of haircuts for senior bondholders: a lack of “political and institutional” support in his polite words: or “they hit the roof”, according to leaks.
One can see why the EU authorities reacted so vehemently. Such a move at this delicate juncture would have set off an even more dramatic chain reaction in the EMU debt markets than the one we are already seeing.
It is harder to justify why the Irish should pay the entire price for upholding the European banking system, and why they should accept ruinous terms.
Continue http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100008812/irelands-debt-servitude/
bflr
He sure is and he said “It will be a long hard fight.
But it will be won.”
The people of Ireland seem to want out too they want new elections.
I think Ireland is as gone as can be. There are so many political parties over there and they are all leftists. No matter which direction they go they will still have the EU hooks in them. Ireland is the California of the British Isles. All welfare cases.
Ireland and other parts of Europe are moving away from the international marxism that is the EU.
Meanwhile, our pres__ent (no ID) and Senate (including the CINOs such as Conyers) are moving us toward it.
Which side of this shift wins will define if we live in prosperity or blood.
Sorry if I’m not optimistic...
Get ready to watch the European version of the American Civil War.
The powerful people in Brussels in 2011 won’t be willing to let member states secede from the EU without a fight any more than the powerful people in Washington, DC were prepared to let member states peaceably secede from the US 140 years earlier in the spring of 1861.
There is too much power and wealth at stake for this to have a happy ending.
I don’t think that the EU possesses its own military.
Farage and the UKIP have been something of a joke in Britain. Farage finished third in his constituency in the 2010 election. The UKIP has never won a seat in Parliament. Success will come when the mainstream politicians like David Cameron quit straddling the fence as “Eurosceptics,” and reassert British nationalism.
Related:
‘The Euro Game Is Up! Just who the hell do you think you are?’ - Nigel Farage MEP
http://www.youtube.com/watch?v=Fyq7WRr_GPg&feature=player_embedded
http://www.freerepublic.com/focus/f-news/2635396/posts
No, they are not. You are wrong.
Irelands entire debt problem was caused by the government decideing to back three large banks (kind of like our government backed Fannie, Freddie and AIG.) It turned out to be *much* more expensive than anticipated.
It has nothing in common with the problems in California and Greece, where a large debt has been created by years of overpayment of welfare state benefits and public employee salaries.
I think Ireland is as gone as can be. There are so many political parties over there and they are all leftists. No matter which direction they go they will still have the EU hooks in them.
The original plan to make the EU stronger required citizen initatives. While the citizens in most countries supported the EU the majority in Ireland did not. They voted "NO" and brought the EU unification to a grinding halt.
The mandarins at the EU decided they would simply create a "treaty extension" that had the identical wording of the previous "charter" and thereby be able to pass it in more nations without plebicites, which is the mechanism which allowed it to go into force. Ireland did pass it this second time, but it was a near thing.
Ireland's political parties are a lot like the political parties in the rest of Europe, except that there is no "National Front" hard-right. There is a labor party, a center left party, a Christian right party, a green party, and of course their is Sein Fein - which is a strange mix of things.
Do you actually KNOW anything about Ireland? Where did you get your strange opinions? I lived there for a year, and it's nothing like California nor is it full of parasitic socialists.
I have said for along time that the EU would be the cause for the next European Civil War, (there is always another one).
Granted the EU does not have a military as such, but they could certainly cause a nation that does to do their fighting for them.
Additionally, if the EU breaks up, watch for the rise of a “strongman” type leader.
“It has nothing in common with the problems in California and Greece, where a large debt has been created by years of overpayment of welfare state benefits and public employee salaries.”
Yeah, they are just a bunch of free marketers there:
http://news.xinhuanet.com/english2010/world/2010-11/28/c_13625228.htm
http://www.voanews.com/english/news/Thousands-of-Irish-Protest-Austerity-Measures-110904779.html
This is were I got the Impression that Ireland is a bunch of left leaning welfare cases like the rest of Europe.
Since you are the expert on Ireland you already know the dole there is twice that of England. Real free marketers.
“There is a labor party, a center left party, a Christian right party, a green party, and of course their is Sein Fein - which is a strange mix of things.”
Which is exactly the party that is the equivalent to the GOP here. Which party is the one that does not default to offering hand outs to the people much like the CA Rat party and runs on small gov’t? I can’t find it.
Most of my impressions come from my Irish contractor who came here in the 80’s and came for a reason. He routinely visits and complains of the state of the place much like my comments. But he is an Irishman immigrant and I should disregard that over your expertise while you were on your pub tour.
Next time Ireland comes up I will forget about all the articles and first hand impressions and defer to you.
I would say Erin Go Bragh but I don’t care either way what happens to the country.
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