O'Keeffe: Ireland must not be muscled into deal with EU/IMF

Ulster-Lad

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A Fianna Fáil TD has lashed out at the Government and accused it of "poor decision-making" and of having "a total lack of vision" in the management of the nation’s finances.

In a statement issued tonight Deputy Ned O'Keeffe said: "Ireland must not be muscled and rushed into a debt deal by the power brokers of the ECB and IMF."

Deputy O'Keeffe said Ireland's negotiators must not be coerced into a deadline that suits Europe and not Ireland.

He added that the country's negotiators "don't have the skills, the experience or the confidence of the Irish people" to negotiate on Ireland's behalf with the ECB and IMF.
O'Keeffe: Ireland must not be muscled into deal with EU/IMF | BreakingNews.ie

O'Keeffe has broken from the party line here.
 


theanalyser

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We are starting to see the FF party break apart at the seams.... here's hoping the government falls in the next few weeks. I can't see the current negotiators getting ireland a good deal - these guys will sell us up the river.....

Hopefully we can get rid of this bunch of liars for good:

YouTube - Fianna Fail Liars
 

an innocent abroad

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Tell Mr O'Keefe about ARTICLE 27. if he is brave enough to do something about it. Cowan and Lenehan are lawyers and know well about it. This bailout is not a political decision, it is a constutional decision. Contact every politican and the Seanad and every radio station tomorrow and tell them to read out ARTICLE 27 to the people.
 

Ulster-Lad

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It`s a bit late for all that if the bailout is being signed tomorrow!
Is it to be signed tomorrow? Last I heard they hope to have it signed tomorrow.
 

Baron von Biffo

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Tell Mr O'Keefe about ARTICLE 27. if he is brave enough to do something about it. Cowan and Lenehan are lawyers and know well about it. This bailout is not a political decision, it is a constutional decision. Contact every politican and the Seanad and every radio station tomorrow and tell them to read out ARTICLE 27 to the people.
What's your honest opinion on the likelihood of a majority of the Seanad going along with this?
 

SKELLY

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Tell Mr O'Keefe about ARTICLE 27. if he is brave enough to do something about it. Cowan and Lenehan are lawyers and know well about it. This bailout is not a political decision, it is a constutional decision. Contact every politican and the Seanad and every radio station tomorrow and tell them to read out ARTICLE 27 to the people.
The president can still refuse to sign a bill without a petition
 

Newsy

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QuizMaster

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Trying to save his seat, that's all.
There won't be a Dail vote on the bailout, will there? He won't have to nail his colours to the mast.
 

Catalpa

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We are starting to see the FF party break apart at the seams.... here's hoping the government falls in the next few weeks. I can't see the current negotiators getting ireland a good deal - these guys will sell us up the river.....

Hopefully we can get rid of this bunch of liars for good:

YouTube - Fianna Fail Liars
Will we then have a Good FF & a Bad FF?;)
 

turdsl

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We are starting to see the FF party break apart at the seams.... here's hoping the government falls in the next few weeks. I can't see the current negotiators getting ireland a good deal - these guys will sell us up the river.....

Hopefully we can get rid of this bunch of liars for good:

YouTube - Fianna Fail Liars
It is too late,. the harm is done,They have sold us up the river. marching now is no use, we have new bosses now, they give the orders now.
 

MZDazy

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On the article 27 bit - I don't see this agreement going as a bill anywhere. It's an "administrative/technical" agreement that the government is entering into with the ECB/EU and IMF.

However, what I'd like to know is if the EU/ECB have spoken with the markets and if they have agreed that if Ireland signs this deal that they will then lay off Portugal and Spain. Could someone ask Biffo and Leni that?
 

Padraigin

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What's your honest opinion on the likelihood of a majority of the Seanad going along with this?

Article 27 represents a way out for everyone:

- it allows the political parties, and even the Irish government, to avoid being the ones who betrayed the nation.
- it allows the issue to focus on the conditional nature of the bank guarantee given by the Irish government, which at all times is necessarily be limited by constitutional contraints;
- it legitimately puts the risk of the banks' inability to repay their loans where it belongs - on the bank bond holders, who are presumed to have known that they were dealing with a constitutional republic when dealing with Ireland.
- it would restore the creditworthiness of Ireland fairly quickly, as there is a substantial difference between being financially unable to pay your debts and refusing to pay debts that you do not rightfully owe.
- the debt being repudiated as unlawful would be limited to the bank debt with all other governmental debt honored, which would give some comfort to the financial markets, as the alternative would be a complete default of all debt;
- it would allow Ireland to remain in the eurozone, at least for now, and a currency crisis would be avoided.
 

Baron von Biffo

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Article 27 represents a way out for everyone:

- it allows the political parties, and even the Irish government, to avoid being the ones who betrayed the nation.
- it allows the issue to focus on the conditional nature of the bank guarantee given by the Irish government, which at all times is necessarily be limited by constitutional contraints;
- it legitimately puts the risk of the banks' inability to repay their loans where it belongs - on the bank bond holders, who are presumed to have known that they were dealing with a constitutional republic when dealing with Ireland.
- it would restore the creditworthiness of Ireland fairly quickly, as there is a substantial difference between being financially unable to pay your debts and refusing to pay debts that you do not rightfully owe.
- the debt being repudiated as unlawful would be limited to the bank debt with all other governmental debt honored, which would give some comfort to the financial markets, as the alternative would be a complete default of all debt;
- it would allow Ireland to remain in the eurozone, at least for now, and a currency crisis would be avoided.
Right. Now what's your honest opinion on the likelihood of a majority of the Seanad going along with it?
 


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