Irish Referendum: Fiscal Treaty Passes – Last Vestiges Of National Sovereignty Will Now Be Stripped Away

 

The 1st June 2012 will go down in history as a sad day for Ireland – Much like the Flight of the Earls on 14 September 1607, the last vestiges of National Sovereignty will soon be removed as power has now been handed over completely to unelected and unaccountable bureaucrats in Brussels. Today the Irish Minister for Finance, Michael Noonan, is not in Ireland but in Chantilly, Virginia, USA, cavorting with the rest of the ‘elites’ at a Bilderberg meeting. (Bilderberg 2012: The Official List of Participants)

The ‘Yes’ side promised jobs, security, investment and progress – they used fear to garner support from voters afraid of economic uncertainty and refused to debate the real issues – only Farmers For No called for an end to the madness of Banker Bailouts and playing along with the ‘financial terrorists’:

“… And it is our contention that this Referendum should be an ICELANDIC TYPE REFERENDUM on BANK DEBT and that the Irish people in VOTING NO on May 31st – that NO Vote should be a MANDATE for this country to DEFAULT on the BANK DEBT that has forced us into an emergency programme involving the IMF in the first place.”

– James Reynolds, Chairman for FARMERS FOR NO. Press Conference in Dublin 10th May 2012.

See: Farmers group wants Ireland to follow Iceland and burn the bondholders

Farmers For No will continue the good fight, we are not going away, unlike the ‘lapdogs’ in Dail Eireann who purport to have Ireland’s best interests at heart, Farmers For No is putting Ireland First, Second, and Third – without compromise.

 

 

 

  • John Corcoran (ICTA) writes in an email: At 8.25 am yesterday morning Paul Krugman and John Corcoran spoke simultaneously on BBC radio and advised the Irish people to vote No in the Fiscal Treaty Referendum. John spoke on BBC radio ulster and Paul on BBC radio 4. Both are distinguished former students of the London School of Economics. Please join with John and Paul and ensure a No vote today. If you click on the podcast link… you can hear the interview.
    John Corcoran, M.Sc. Economics London School of Economics and Political Science.
    Spokesperson, Irish Commercial Tenants Association;

 

  • David McWilliams / Irish Independent – The fiscal treaty will only make things worse: The situation in the eurozone is not getting any better. The fiscal treaty, by imposing austerity on an already enfeebled economy, will make things worse, prompting more capital flight. Rolling the snowball down the hill is not an honest option.
    Mightn’t it be better to open the negotiations properly now?

 

  • Forpras Financial SolutionsWhy vote NO to the Fiscal Stability Treaty? Why are our Irish politicians telling us to vote YES? Are you aware that the ESM (European Stability Mechanism) isn’t even setup and yet Portugal, Spain and Greece need immediate bailing out? Where will all this funding come from? Well, more and more taxes will be needed to pay for all these bailouts and ofcourse the vicious circle of Ireland having to borrow to help bailout itself out and our partners. Every cent borrowed needs to be repaid with excessive interest rates. The government tells us not to worry as they have agreed with their collegues in the EU that we will be permitted to pay these loans over an extended timeframe. But nobody is agreeing to help reduce our debts or even write a portion off? Why? […] It looks like Ireland and the Irish public will be left with mountains of debt. More and more Irish will be required to pay higher taxes (VAT 23%, property tax, water charges, higher car taxes, higher fuel taxes and the list goes on) resulting in the standard of living in Ireland falling, rising debt and a massive increase in the number of Irish unable to pay off their debts whether they be mortgages, credit cards, etc.

 

  • Vincent Browne / Politico.ie – We owe it to ourselves to oppose a trajectory that will vandalise society: I will vote No to express indignation with the cavalier disregard of the procedures and protocols of the European Union itself of the sovereignty of its member states, in the conduct of the leaders of the EU institutions and of Germany and France, in their insolence in interfering with the internal affairs of Greece and Italy, in their disregard for “democratic” procedures of the Union – even in the way this Fiscal Treaty came about.
    I will vote No to defy the wishes of the German elite, which benefited so spectacularly from the emergence of the Eurozone and now makes modest redistribution of that generated wealth, conditional on adherence to its economic and budgetary diktats, diktats that disadvantage not only the mass of people throughout the rest of Europe but the mass of people in Germany itself.
    I will vote No to give backbone to the government’s dealings with the EU on the promissory notes and the other bank debt.

 

  • TEEU – the power unionTEEU Executive Committee Urges Members to Vote No to Austerity: The inevitable result would be a further contraction in the size of the economy – already decreased by over a quarter since 2008 – with an accompanying increase in unemployment and decrease in government revenue. As Nobel laureate Paul Krugman simply put it, austerity “pushes depressed economies deeper into depression”. We, and others, have pointed out that a fiscal stimulus is what is required and have suggested, to no avail, a means of applying it.

 

Related posts:

  1. We need to postpone ratifying the ESM Treaty until After the the Fiscal Treaty referendum
  2. The Danes also want a referendum on the Fiscal Treaty
  3. Germany to become ‘Fatherland’ again if Fiscal Treaty passes
  4. Dublin: FM Europe Debate on the Fiscal Stability Treaty referendum
  5. Bruton raises prospect of second treaty referendum
  6. Highlights from Frontline Debate on Fiscal Treaty Referendum in Ireland on May 31st
  7. No to EU Fiscal Compact Treaty
  8. Video: Farmers For No to EU Fiscal Compact Treaty – Full Press Conference, 10th May 2012
  9. Fiscal Treaty – Reasons to vote ‘NO’
  10. The utter folly of ratifying the Fiscal Compact Permanent Austerity Treaty on the basis of the threat of this country being DENIED access to a ‘pot of gold’

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