Sovereignty for sale.

[rebelicecreamman]

We know our sovereignty was lost this time last year. This was a direct result of the sovereign subsuming huge private debt. Totally unjust, whatever way you cut it.

The debt is crippling, all the more so in the face of world economic stagnation/collapse.

If the debt is the problem, then debt write down is the likely solution. This looks like being tabled as part of a constitutional/treaty scenario in the near future.

Do we sell a little more of our sovereignty to save our skins?

How much budgetary/fiscal control do we permanently sign away?

Is it necessarily a bad thing to have europe ensure we don't lose the run of ourselves again?

Or do we tell merkozy to piss off with their interfering?

Do we prioritise the economic prospects of our children over their nationalistic aspirations, believing, in the words of Sam Hume, that 'you can't eat a flag'?

 

[ikari warrior]

This is all pre ordained,supranational authority will be the new buzzword as opposed to government,this is the work of the superclass and they are presiding over the destruction of the nation state not just ours but the Germans also,there will only be two choices shortly either stay or go and if we choose to go it's only a matter of time before they return with a comply or die offer( with debt forgiveness the carrot)
Whilst as you say, you can't eat a flag I definitely think it's time to take the pike down from the thatch,whatever happens the changes will be seismic.

 

[Professor Piehead]

We know our sovereignty was lost this time last year. This was a direct result of the sovereign subsuming huge priate debt. Totally unjust, whatever way you cut it.

The debt is crippling, all the more so in the face of world economic stagnation/collapse.

If the debt is the problem, then debt write down is the likely solution. This looks like being tabled as part of a constitutional/treaty scenario in the near future.

Do we sell a little more of our sovereignty to save our skins?

How much budgetary/fiscal control do we permanently sign away?

Is it necessarily a bad thing to have europe ensure we don't lose the run of ourselves again?

Or do we tell merkozy to piss off with their interfering?

Do we prioritise the economic prospects of our children over their nationalistic aspirations, believing, in the words of Sam Hume, that 'you can't eat a flag'?

You go the way of Iceland and tell the Franco-Prussian axis to go fuck itself and it's gambling money.

http://www.imf.org/external/pubs/ft/survey/so/2011/SurveyartF.htm

Unlike the armaggedon scenario quislings like HBB predict.

Although, somebody who cut and pastes from The Economist and tries to pass it off as his own will, unsurprisingly, never be right.

 

[mire]

there is no such a thing as economic sovereignty, it's a complete misnomer. money doesnt do borders.

 

[mickohall]

Unless you live within, say, 60 KMs of Kildare Street, the concept of "sovereignty" is irrelavent.

We will be governed by sectoral interests: this used to be civil servants in Dublin, now it is civil servants in London, Washington DC, and Berlin.

 

[Corcaigh32]

The deal would have to be too good to be true. I will be voting no.

 

[rebelicecreamman]

The deal would have to be too good to be true. I will be voting no.

I thought you might. I'm reserving til i see it.

How bad would things have to be for you to consider voting yes?

 

[Corcaigh32]

Things are getting tough as it is personally but at a national level, I'd want our bank debt written off and our sovereign debt ocean financed into the medium term.

 

[Colkitto]

It’s comical in the extreme to even suggest never mind believe “we” ever had any sovereignty worth talking about, virtual economic parasites without a pot to piss in, the jingoistic sovereignty bunkum is wheeled out as some day glow identity that doesn’t and has never existed, the history of this nation has always been one of dependence economically which is effectively politically, the rug is terminally waiting to be pulled out from under us, we resort desperation to any economic shenanigans to claim this absurd notion of a sovereignty. Offering reduced corporations tax for instance to multinationals to bribe them lessen they fuck off and abandon us, even heard a few galoots seriously claim that for a short time the last decade we were one of the wealthiest countries in Europe completely overlooking that it was ALL on the never never....Oddly enough, by dint of the debt accumulated, we almost carry the political weight of a Sovereign powerhouse, but still the eunuchs we elect cannot grasp that, they will never be in a better position to dictate the terms repayment, if any, will take place, that we will/must default on some portion of the amount is clear as day, they might be fortunate to get any of it back at a flat rate another truth...But that maybe too big an ask for Noonan clutching his testicles like his predecessors , flattered that we are asked into the same room as the high rollers at all....Sovereignty my hole...

 

[rebelicecreamman]

Things are getting tough as it is personally but at a national level, I'd want our bank debt written off and our sovereign debt ocean financed into the medium term.

I have no greater insight into any of this than the next man but the above is not a hugely unlikely scenario imho.

In exchange for centralised fiscal control within certain parameters - a proper stability pact this time, and enshrined in a treaty.