Labour Leader Eamon Gilmore calls EU/IMF deal "a national sell out"

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davidcochrane
Statement by Labour Leader Eamon Gilmore TD

This deal announced this evening with the EU and the IMF is a national sell out that will leave the citizens of this country with a crippling level of debt for years to come, while the majority of the international bondholders are required to make no contribution at all.

The rate of interest accepted by Fianna Fail is penal and is significantly in excess of the rate that Greece was required to pay. The Irish people will now have to come up with annual interests payments amounting to billions of Euro.

The National Pension Reserve Fund is effectively to be cleaned out and the contents handed over for the benefit of the banks.

The Fianna Fail government has shown no backbone, no negotiating ability and no authority. The EU and the IMF have had a walk-over in negotiations with a broken and demoralised government, that is serving out its notice and which has neither the political mandate or the moral authority to conclude such a deal.
The problems we have been experiencing are fault of the Irish Government, not of the Irish people. Ireland has obligations as a member of the Eurozone to fix the problem, but European solidarity is a two-way street and this government has failed to secure a fair bargain for Ireland.

If ever we wanted confirmation that the Lenihan bank guarantee of September 2008 was the biggest misjudgment in the history of the state, then this sorry deal provides it.

This a sad and sorry day for our country and the direct result of Fianna Fail mismanagement and irresponsibility.
 


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Its very simple for Gilmore, come out and make a statement that he and his party will not in any circumstances accept this deal and should they take a position in government they will rip the agreement up.
 

Holy Cow

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Whats Eamons plan?

Cowen is a traitor, but Gilmore is no different.
 

Squire Allworthy

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Its very simple for Gilmore, come out and make a statement that he and his party will not in any circumstances accept this deal and should they take a position in government they will rip the agreement up.

+1

Word are cheap right now you need politicians with a bit of commitment.
 

pjoz

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I expect Labour will now support Sinn Feins motion

Motion:

That Dáil Éireann has no confidence in An Taoiseach Brian Cowen who has misled and betrayed the Irish people, as admitted by his Green Party coalition partners, and who leads a Fianna Fáil/Green Party Government which has totally mismanaged the economy and sold our sovereignty to the IMF and EU. - Caoimhghín Ó Caoláin, Aengus Ó Snodaigh, Martin Ferris, Arthur Morgan
 

Berty

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What is he going to do about it??
 

An Gilladaker

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Gilmore needs to move a vote of no confidence tomorrow if that is what he believes :mad:
 

Bismarck

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Pile of sh**t designed to cover Labour from the rise of Sinn Fein - playing politics. There was no other deal on the table and once we got ourselves into this situation through government and financial mismangement we were f**ked.
 
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Sinn Fein are fast becoming the only party that stands up for the people. I hope they come out and tell us what they will do with this agreement.

Has anyone woke up Enda yet?
 

stay positive

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Typical labour what other proposals would they bring to the table go on eammon please tell the Irish people your alternatives that you may have we are all ears!!!!
 

Northtipp

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well Eamon guess what. time to s--t or get off the pot. back SF motion of NC and put your money were your mouth is
 

Watch The Break

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Typical labour what other proposals would they bring to the table go on eammon please tell the Irish people your alternatives that you may have we are all ears!!!!
Woah woah. Let's not even go that far yet.

Is he even going to stand over the words he just said? Or is he going to do sod all which has been the net contribution of his party during this crisis?
 
D

Duth Ealla

Gilmore is full of it he signed up to the 4 year constraint and then the IMF/EU come along and extend what everyone said was fixed in stone. Yeah Eamonn you would have done better much better.

The Gilmore Gale is a warm front of hot air
 

Padraigin

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Labour: "Ireland has obligations as a member of the Eurozone to fix the problem."

That is as bad as the FG statement about how the Irish government must honor its debts.

These so-called opposition parties are putting the foreign banks, the foreign bond holders, and the European money markets ahead of the welfare of the Irish people.

Screw the EU, the IMF, the foreign bond holders, and every other European financial interest.

Right now, the question is who in government - or outside of government - is ready to put the welfare of the Irish nation ahead of foreign financial interests

Scratch FF and the Greens.

Scratch FG.

Scratch Labour.

Who?
 


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