EU Fiscal Treay for Ireland

[rebelicecreamman]

Originally Posted by hemlock666

Drop the household charge.
Cancel the Croke Park Agreement.
Jail Quinn & the "businessmen" who fucked the place.
Tell unsecured bondholders to fuck themselves.
Get Bertie, Cowen and all the others trough feeders before an independent investigation into their missmanagement of the nations assets.
Divert the funds bolstering failed banks into infrastructure and employment.


Then I might think about it.

1. The funds bolstering failed banks aren't ours to divert.

2. How will you close the 15 billion euro structural deficit overnight?

3. What is wrong with an imperative on government to balance budgets?

[hemlock666]

Originally Posted by rebelicecreamman

1. The funds bolstering failed banks aren't ours to divert.

2. How will you close the 15 billion euro structural deficit overnight?

3. What is wrong with an imperative on government to balance budgets?

1. They are ours to repay however. Nice how that works out isnt it.

2. You cant do this overnight either way regardless of what ever magic wand treaty the EU pulls out of its arse.

3. Nothing wrong with this. It should be a mimimum expectation of those in charge. Its the nature of the imperative thats the doozie.

[rebelicecreamman]

Originally Posted by hemlock666

1. They are ours to repay however. Nice how that works out isnt it.

2. You cant do this overnight either way regardless of what ever magic wand treaty the EU pulls out of its arse.

3. Nothing wrong with this. It should be a mimimum expectation of those in charge. Its the nature of the imperative thats the doozie.

If you advocate default, as you seem to, then you have to eliminate the deficit instantly. Now that would be austerity.

[Langeroo]

Originally Posted by rebelicecreamman

Vote NO to prudent management of the economy.

Watch out Basher, your sarcasm might be too subtle for some of the contributors here based on the quality of discussion thus far.

Personally I want to hear the debate, but compelling government to a reponsible financial policy is basically a good thing. If they don't mess it up!

[leesider]

most economists think this treaty is a load of bollox but that it is in Ireland's best interests to sign up, not because of what the actual treaty entails but from what leeway we might get by being good boys and girls!

[Langeroo]

Originally Posted by leesider

most economists think this treaty is a load of bollox but that it is in Ireland's best interests to sign up, not because of what the actual treaty entails but from what leeway we might get by being good boys and girls!

They have a point.

[KD Langer]

Originally Posted by hemlock666

Drop the household charge.
Cancel the Croke Park Agreement.
Jail Quinn & the "businessmen" who fucked the place.
Tell unsecured bondholders to fuck themselves.
Get Bertie, Cowen and all the others trough feeders before an independent investigation into their missmanagement of the nations assets.
Divert the funds bolstering failed banks into infrastructure and employment.


Then I might think about it.

Well said.

[Patty Flowers]

Originally Posted by leesider

most economists think this treaty is a load of bollox but that it is in Ireland's best interests to sign up, not because of what the actual treaty entails but from what leeway we might get by being good boys and girls!

most economists ARE bollox.

[How bad boy]

Originally Posted by rebelicecreamman

3. What is wrong with an imperative on government to balance budgets?

This is my problem with it.


In good years, you run a government spending surplus.

In bad years, you run a government spending deficit.

It's pretty simple stuff, and by far the best way of managing an economy.

Preventing this by law is simply moronic, which is what "Balanced budget" laws are. Balanced budget laws assume spending and income are always perfectly match.

They don't.

[INFERNO]

well said

Balanced budget is a goal, not an imperative.