“Europe is already divided by the eurozone and we are on the wrong side of that divide” (Bruce Arnold / Irish Independent)


From Bruce Arnold at the Irish IndependentWe must reject calls to accept more EU control of our budgets:

…closer ties with Europe… paved the way for the euro and Ireland’s entry into the mechanism, the worst mistake in our economic history.

We are under total fiscal and budgetary control by the European Central Bank. It is hard to see how much more “integration” we can take. The bank is supported by the European Union and International Monetary Fund…

It is difficult to know how much more of our fiscal and budgetary policy can be ceded. Given the past dishonesty and deviousness of Irish politicians in respect of fiscal and budgetary affairs, a way out of the shackles will have to be found. But Sutherland won’t help…

He is rattled. All Europhiles are. His approach — the one used, in my view dishonestly, in both Lisbon Treaty campaigns — is to confuse the issues, winning debating points but deploying fear to change the public’s mind…

The main challenge facing us is the confusion between the two Europes. The Europhiles’ Europe is really the eurozone, with non-euro states tagged on as “the other Europe”. Many of these states are happy and successfully. We should be with them.

What of the “If — Then” trick? Is the dilemma that Europe faces to integrate or disintegrate? Surely not. The question is about the eurozone. If we are concerned with the fate of the euro then we should integrate. Sutherland is concerned overwhelmingly with eurozone survival. His worries are European/ eurozone ones, not about Ireland. We are mere vassals at his European court.

We have become frightened by the inappropriate dominance of the currency. A mistake to get into, it has cost us dearly. It will go on costing us, inhibiting our desire to be more competitive and putting us under the burden of an ECB fiscal control we cannot manage or sustain.

The dilemma of Europe is the survival of the euro. The method for achieving this is a covert integrationist policy. A two-tier European “empire” will emerge, engaged in forcing countries like Ireland to play a disproportionate part in saving a currency we should never have adopted. We will pay for the lack of sound eurozone governance that landed us in the fiscal and economic mess of 2007-2010.

Sutherland’s desire to see us “stand firmly on the side of integration” is euphemistic. He means stand for the euro even as it cripples us. It isn’t integration. It is slavery

We have gone back again to the 2008 debate on Europe’s Lisbon Treaty creating jobs for us. This view was wrongly advocated by Sutherland and other Europhiles. We now know Europe will not create our jobs. We can ourselves, if we regain some freedom. We now know that our continued presence inside the eurozone is mistaken. We don’t know what Sutherland means when he asks us to “save the European Union”. That is not what intelligent sceptics are thinking and saying.

The dilemma facing Europe — described by Sutherland as “integrate or disintegrate” — is something quite different when applied to our own country and our lost sovereignty, so casually thrown away by the governor of the Central Bank. Ireland is an imprisoned victim, working to save the euro and not being paid for it, carrying a huge European debt and not seeing Europe shouldering its proper share of our burden.

Read more.

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This entry was posted in Accountability, Bankers' Bailout, Budget, Civil Rights & Liberties, ECB/IMF, Economy, EU, Euro / Sovereign Money, Geopolitics, History, Ideology, Independence/Nationalism, ireland, Solutions, Superstate and tagged , , , , , , , , , . Bookmark the permalink.

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