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blade
Joined: 30 Jun 2007
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 Posted: Mon Mar 07, 2011 3:45 am Post subject: |
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| JMO wrote: |
| I don't know about Adam's past. Not many people came out of the troubles without blood on their hands. Half my family live in the north and half live in the south (albeit 5 mins from the border). My ma's family in the north all vote sinn fein as far as i know and I understand why, but even they wouldn't vote SF in the south. I've asked them. They just aren't a mature political party. These are hardcore chuckies too... |
Well FF was certainly a mature party and they did such a bang up job. FG and Labour (two more mature parties) are both continuing on with what FF and their cohorts, the Green party, did in government. Maybe it's just me but between you and me I'm getting rather tired of mature parties and their on going mission to sell out Irish sovereignty to our so called European partners. |
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JMO
Joined: 18 Jul 2006
Location: Daegu
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| Posted: Mon Mar 07, 2011 4:33 am Post subject: |
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Fair enough, but SF have a dangerous sort of naivety about them that scares me. I'd prefer the more cynical FF/FG types. At least we know what kind of scumbag we got there.
I'm not sure how much I blame governments for economic decline/success anyway...and I don't vote. So take my opinion with a pinch of salt. |
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blade
Joined: 30 Jun 2007
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| Posted: Mon Mar 07, 2011 2:39 pm Post subject: |
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It looks like the EU is starting to get nervous about Ireland's ability to pay:
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Rehn: Bailout terms should be extended to seven years
Read more: http://breakingnews.ie/ireland/rehn-bailout-terms-should-be-extended-to-seven-years-496297.html#ixzz1FxKVoPU0
European Monetary Affairs Commissioner Olli Rehn has said the terms of Ireland's bailout loan from the ECB should be extended from three years to seven.
In a German newspaper article, Mr Rehn urged other Eurozone nations to grant Ireland - and Greece - easier terms.
He also issued a specific appeal to Germany's lower house of parliament, to soften its opposition to expanding the fund's powers to combat Europe's debt crisis.
Commissioner Rehn has also revealed that the EU is planning to monitor wage costs in each member state to ensure they remain competitive.
Mr Rehn vowed to carry on supporting Ireland�s economic recovery � insisting that an EU bail-out package is already giving the country a �fresh start�.
In-coming Taoiseach Enda Kenny wants a reduction in the interest rate agreed by Brian Cowen's Government for the �85bn bailout.
When he embarks on talks in Helsinki and Brussels in the next few days, he will argue that the repayment terms of the bail-out deal he inherited are too expensive and risk undermining the recovery the loan is supposed to support.
This afternoon, with Mr Kenny beginning to assemble a coalition government, the Commission insisted the deal already agreed, involving EU and International Monetary Fund loans, was the right one.
�We look forward to continue supporting the Irish people and the next Irish government in the implementation of the EU-IMF programme, which is key for Ireland�s economy and its revival,� said Mr Rehn.
He added: �We have the common goal for Ireland to revive its growth dynamics and succeed in ensuring its debt-sustainability.�
Later his spokesman insisted: �This programme is the best guarantee for the Irish economy to recover, to have a new fresh start for the benefit of its citizens in the medium and long term, with a more solid basis, whether it comes from the restructuring of the banking sector or the fiscal consolidation of Irish state.�
But Mr Kenny will insist his election gives him a mandate to change the bail-out terms, and he will begin the debate at talks in Helsinki on Friday with fellow centre-right political leaders across Europe.
A summit of all EU leaders in Brussels on March 11 will be crucial, when plans will be discussed for a new, permanent, EU system for future bail-outs in Europe after the current temporary system � used to finance Greece and Ireland - expires in 2013.
The permanent system will include the scale of interest rate for bail-outs, and Mr Kenny wants any lower interest rate for the future to apply retroactively to the existing Irish deal.
Today Mr Rehn said the summit would look at pricing policy for rescue loans, including interest rates, �from the overall European perspective to safeguard financial stability in the euro area and ensure debt-sustainability of all its members�.
But applying any lower rates to a deal already done with Ireland may require concessions from Mr Kenny � with Ireland�s low 12.5% corporation tax rate in the firing line.
�There is certainly no consensus in the EU at the moment on the need to alter the terms of the bail-out, and Mr Kenny will have to show flexibility if it is to happen at all,� aid one EU official.
Read more: http://breakingnews.ie/ireland/rehn-bailout-terms-should-be-extended-to-seven-years-496297.html#ixzz1FxKpQXuK |
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mises
Joined: 05 Nov 2007
Location: retired
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| Posted: Tue Mar 08, 2011 7:13 am Post subject: |
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| Commissioner Rehn has also revealed that the EU is planning to monitor wage costs in each member state to ensure they remain competitive. |
Competitive with whom? Laos? Cambodia? China? Poland? Germany?
What is a competitive wage? High or low? Competitive for whom? |
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blade
Joined: 30 Jun 2007
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| Posted: Tue Mar 08, 2011 6:53 pm Post subject: |
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Ireland should do this:
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A debt audit is when a country goes through its debts and decides which ones are legitimate and which are not.
On Friday, Greek trade unions, economists, academics and politicians issued a call to set up a public commission to examine their debts. It�s the first ever call for a debt audit in Europe.
Supported by more than 200 prominent Greek and international figures, it is a concrete proposal as to how Greek people might begin to regain control of their economy.
The idea comes from a strategy that was successfully implemented in Ecuador.
http://www.davidmcwilliams.ie/2011/03/07/claim-the-moral-high-ground
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