Monthly Archives: May 2012

Last Post of Referendum: If you haven’t yet voted, please read this…


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 … Continue reading

Posted in Action Stations, ESM / European Stability Mechanism, EU, Fiscal Compact Treaty, ireland, Permanent Austerity Treaty, Referendum | Tagged , , | Leave a comment

What would happen if Ireland left the Euro?


Emmett O’Connell – The Consequences of Monetary Union (1972); The Economist – Coming In From The Cold, Lessons from Iceland: … the extra cost to a country of not standing by its banks can be surprisingly small… the benefits to … Continue reading

Posted in ECB/IMF, Economy, EU, Euro / Sovereign Money, iceland, Independence/Nationalism, ireland, Solutions | Tagged , , , , , , , | Leave a comment

FINAL UPDATE: Citizen’s Campaign South East – Fiscal/Austerity Treaty Referendum: Public Meetings (Counties Carlow, Kilkenny, Waterford, Wexford)


Update/change: Last public referendum meeting – Wexford Town (Tues 8pm St Josephs) FINAL UPDATE: TUESDAY 29th May           Wexford town Wexford Sinn Féin @St Joseph’s Community Centre, Bishopswater, Wexford Town John Corcoran (Irish Commerical Tenants’ Association) Oisin Ó Conail (Co. Wexford … Continue reading

Posted in Austerity / Cutbacks, Bankers' Bailout, Budget, ECB/IMF, Economy, ESM / European Stability Mechanism, EU, Fiscal Compact Treaty, ireland, Permanent Austerity Treaty, Referendum, Save Our Services | Tagged , , , | Leave a comment

Video: What will happen if we vote no?


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A Conservative Alternative to Austerity Economics


… the basic idea could hardly be simpler. The growth figures that dominate the headlines are of “real” gross domestic product, which means they are corrected for inflation. With nominal GDP they are uncorrected. The idea of targeting nominal GDP … Continue reading

Posted in Austerity / Cutbacks, Budget, Commodities & Cost of Living, Economy, EU, Fiscal Compact Treaty, Germany, Solutions | Tagged , , | Leave a comment

“A Federation for the Eurozone and a Confederation for the rest of the EU”


(Note: The following replaces & corrects earlier version of 7/May) TWO TREATIES FOR THE EUROZONE AND AN AMENDMENT TO  ONE OF THE EU TREATIES  – ALL RELATED TO EACH  OTHER! Reply to Dr Gavin Barrett, Senior Lecturer in European Law, … Continue reading

Posted in Accountability, Austerity / Cutbacks, Bankers' Bailout, ECB/IMF, Economy, EFSF / European Financial Stability Fund, ESM / European Stability Mechanism, EU, Euro / Sovereign Money, Fiscal Compact Treaty, France, Germany, ireland, Promissory Notes, Referendum | Tagged , , , | Leave a comment

Euro-spawned divergent growth and inflation caused external payments imbalances


Euro-spawned divergent growth and inflation caused external payments imbalances. Government profligacy did not divide ‘saints’ from ‘sinners’. In the good years Germany was a near-sinner. Its budget deficit exceeded the Eurozone average and was a whisker below the 3% Maastricht … Continue reading

Posted in Accountability, Austerity / Cutbacks, Bankers' Bailout, Budget, Commodities & Cost of Living, Economy, EU, Euro / Sovereign Money, Fiscal Compact Treaty, Germany, ireland, Referendum | Tagged , , , | Leave a comment

A Tale of Two Treaties: Citizens’ Guide


Ireland is being asked to approve two new international treaties and an amendment to the European Union Treaties. These are: 1. Treaty establishing the European Stability Mechanism (called ‘ESM Treaty’) 2. Treaty on Stability Co-ordination and Governance in the Economic … Continue reading

Posted in ESM / European Stability Mechanism, EU, Fiscal Compact Treaty, ireland, Permanent Austerity Treaty, Referendum | Tagged , | Leave a comment

Nobody within our ranks i…


Nobody within our ranks is in agreement with the fiscal treaty. Everyone thinks it is a bad treaty. We don’t see any merit in it.

– David Begg, general secretary of the Irish Congress of Trade Unions

Source: ft.com

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The evidence suggests tha…


The evidence suggests that Ireland will have continued access to EU funding until we have regained market access regardless of the outcome of the forthcoming referendum as long as we meet the terms of the programme.

, Lecturer in Economics, University College Cork

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Fiscal/Austerity Treaty online information


AusterityTreaty.com – a clearinghouse for some of the best posts and links from around the web – including from the sites below; VoteNo2012.ie – Sinn Féin’s website for a No vote in the upcoming Austerity Treaty referendum; StabilityTreaty.org – hey, … Continue reading

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People’s Movement Referendum Campaign


Warning: Permanent Austerity Ahead! The People’s Movement has opened an office in central Dublin for the duration of the referendum campaign on the Permanent Austerity Treaty. The office is at 5 Cavendish Row, directly opposite the Gate Theatre. We are … Continue reading

Posted in Action Stations, Austerity / Cutbacks, Budget, Economy, ESM / European Stability Mechanism, EU, Fiscal Compact Treaty, ireland, Permanent Austerity Treaty, Referendum | Tagged , , | Leave a comment

Reply to Dr Gavin Barrett’s article on the Fiscal Treaty referendum in last Friday’s Irish Times


By Anthony Coughlan, Director, The National Platform EU Research and Information Centre “The Member States whose currency is the euro may establish a stability mechanism to be activated if indispensable to safeguard the stability of the euro area as a … Continue reading

Posted in Budget, ECB/IMF, EFSF / European Financial Stability Fund, ESM / European Stability Mechanism, EU, Euro / Sovereign Money, Fiscal Compact Treaty, ireland, Permanent Austerity Treaty, Promissory Notes, Referendum | Tagged , , | Leave a comment