10 things you need to know about the EU fiscal treaty
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other press 
Saturday March 10, 2012 12:28
by serf
A good analysis of the EU fiscal treaty which we will naively be voting "yes" on. Be very afraid! It's only a permanent austerity treaty biased against social spending.
"Most analysts and commentators agree: the treaty is not about the current crisis. It will not change the course of the eurocrisis, and is not really intended to do so. It’s about the future of economic policy, and the German electorate. Chancellor Angela Merkel needs to reassure the German public that she’s being tough with the highly indebted countries to bolster her popularity and provide the government with the leeway to co-fund the new European Stability Mechanism"
Read full article here...
While you are there, give THIS ONE by peter matthews a read too!
Comments (4 of 4)
Jump To Comment: 1 2 3 4Well done on putting up this article.
Might it be an idea to extract IMF Boss Ms Lagarde's comment about 3 months ago when she referred to the requirement of EU States to wind down the social security network/compact in order to pay for the bank bail outs and the post democratic, banking oligarchy dispensation ?
I am paraphrasing with the latter words of course but she was explicit that social security wind down would be required to sustain the new era.
Her own words in lights re this, might wake up more of the populace ?
"...but she was explicit that social security wind down would be required to sustain the new era...."
mmm wipe out the poor and of course well the rich can have so much more without being 'burdened' ...
But that can't be made that obvious in plain talk now can it - my god no, that would be far too, er, well, un-Orwellian.
There is a dirty little booby trap that was inserted into the first part
(the bit we weren't allowed to vote on) which states that we are liable for 11 billion but we cannot avail of the ESM facility if we do not ratify the second part.
This means we are screwed if we say no in the referendum in that we will be obligated to pay 11 billion into a fund which we cannot avail of.
some discussion here:
http://www.politics.ie/forum/oireachtas/183132-oireacht....html
( apologies! it's on P.ie. You can wash your eyes out with disinfectant after! ;-)
These EU financial terrorists really do not like us!
Furthermore today we got the two fingers from Ollie rehn as regards a deferral or a reduction of 3.2 billion impending anglo payment
oh the joys of EU membership. I want all my fish back!
Interesting article on the matter by vincent browne HERE
Fair play to Mary Lou McDonald for highlighting this point on vincent browne show tonight. Talk about dirty tricks being played on the Irish people by FG
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