Sunday, December 11, 2011

France and the Euro


Guardian: Reports that France faces a credit downgrade, the article states the following, “ A Reuters survey of 13 economists found 11 thought France would be downgraded. ”. Thus what was the point of France bullying the UK, the French President Nicolas Sarkozy faces re-election next year, if France gets hit with a downgrade the Government will have to have further tax hikes, as the article notes France has gone for tax hikes over real austerity,..France has focused chiefly on tax rises rather than sweeping spending cuts..”, also it should be noted that Germany faces elections next year folks, lets look at the record folks, in between election losses and forced resignations it has not been good for those that have supported the Euro and the EU. This should be a warning to the Lib Dems, don’t push PM Cameron to far, he just might call your bluff.

Is Ireland SMELLING the COFFEE ?


Telegraph: Reports that after agreeing to the new EU Treaty, some in the Irish Cabinet doubt that it will be enough to solve the Eurozone problem and that the UK will be part of future discussions on the Euro. Its odd but one can argue that the Irish are more loyal to the UK than the Liberal Democrats. What the elite, and in this the blog includes the BBC/Guardian, Channel 4, don’t get is the fact that the EU might have bought a ticket on the Titanic, the UK is already in a lifeboat and is getting away fast, if the rest go down there wont be that much room in the lifeboat, also the Irish owes the UK billions. One can also postulate that the Irish will not like the fact that Germany and France will have the final say on the Irish Budget. What next will France and Germany decide the Abortion laws for Ireland, and other social areas. The Apple looked nice in the Garden of Eden folks, but it was US Brits that sold it to the Big Man, that’s why we had the Biggest Empire ever, and left it with more grace that the fall of other Empires.

UK Coalition Government and the Liberal Democrats

BBC News: Reports on the U - turn by Liberal Democrat Leader and DPM Nick Clegg on the UK’s VETO of a new EU Treaty, Mr Clegg has stated that the veto was bad for Britain, but blamed Germany/France and the right wing of the Conservative Party. This is typical of the Liberal Democrats folks, once the extreme left wing Guardian shouts, the LibDems ask how high they should jump. After the Summit Nick Clegg stated that the demands by the PM were moderate and he supported the action, once the pressure started by the likes of the BBC and Guardian, Clegg changed his mind, this blog did warn you folks that the Clegg was the weak link. The PM should read the riot act at the next Cabinet. PM Cameron should state that he will hold a Referendum on his decision, also should the UK hold a vote on in or out for the EU. The BBC and even Sky have bough out the old EU fanatics, most in the House of Lords, what was noticeable that there were no Conservative MPs who opposed the PM, and they matter folks, not extreme Lib Dems who want to run by the EU and failed politicians in the House of Lords. Lets start the fight back folks, lets blog, tweet, lets show the PM was right.

The EU Treaty and Ireland

More from Friend of Blog, Helen, Ireland.




“Well I must say Cameron is certainly getting some good press out of all of this, (even if it is mostly in England.) Europe can’t understand it but, I don’t think he had any choice in this given the Franco/German stance. Sarkozy doesn’t stand a prayer for re-election and sees Merkel’s coat tails as the only way to keep himself centre stage. The value of saving the Euro is questionable. Will chaos ensue? Yes I think it will for a while, but I am not sure that is not what we have now. As for Britain well I am glad they said ‘NO’. They are a huge contributor to the EU and I think it is wrong to side line them. England often seems to lack pride and identity, if this helps, it is a good thing. Quite how it will play out in the next couple of weeks will be very interesting. At the moment the markets seem to be responding positively to this “federalised Europe” but I give it maximum 10 days (maybe into the New Year) before another EU members debt crisis upsets the apple cart again. Cameron may well have reason to be smug. I know from the Irish situation that it can be very demoralising to think that you are not in charge of your own destiny. That you are being ‘nannied’. It is probably a cheap shot to suggest that Germany and France are trying to take over Europe, the fact is that through lack of clear leadership and geographic location they have no choice. Committees rarely work in a crisis, unless you have a good Chairperson. I really don’t think the Irish have fully woken up yet to how much sovereignty they have given away. They have always been fairly pro-Europe in the past because they have had massive investment. E.U rules and regulations were readily adopted, although not always adhered to. There is a saying that ‘Byelaws are for going by’. The Irish were happy to take virtually all that was given. They only started to grumble when things stopped going their way. Frankly I am amazed that there has not been more upset in general about Europe’s involvement. Disgust has typically focussed on the previous government. Enda Kenny had no choice but, to agree to whatever Merkel and Sarkozy cooked up. Ireland has much to loose but he is scrabbling for crumbs. He desperately wants to protect this low corporation tax rate but this new system will do away with all that, despite what he says. Yet again Ireland is selling itself short. Enda has asked the Attorney General to examine the constitution to see if we need a referendum for a new treaty. Of course we do, but they know that the public are unlikely to go for it or be conned again. The last thing the deciding powers in Europe want is for this sort of decision to be left to referendum. Ultimately that is my main problem with the EU. It is unelected and therefore in my book undemocratic. The system is flawed.”







Folks do you agree with FOB, Helen of Ireland, lets this blog know, do you think Ireland was right and should give up its Sovereignty for the benefit of the EU, in this case France and Germany. Should there be a Referendum in Ireland, should the first vote be the decider, how many Irish wish they had a PM like David Cameron, a PM who said NO. Think folks it is your Country or do the EU now own Ireland.