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Thu May 31, 2012, 01:09 AM

Ireland referendum no vote will prove costly, warns Irish prime minister

Source: The Guardian

Ireland decides whether to back the EU fiscal treaty, with a warning from its prime minister that a no vote would treble the cost of international borrowing to maintain the country's public services and state jobs.

Enda Kenny insisted that borrowing costs for the state would soar if the electorate rejected the EU treaty aimed at controlling national budgets.

Meanwhile his deputy prime minister, Eamon Gilmore, stressed that there would be no Lisbon treaty-style second vote if the current EU reform programme were rejected in the referendum.

Sinn Féin and other parties dispute this claim, arguing that a no vote would strengthen Ireland's hand in going back to the EU for a better deal.

Read more: http://www.guardian.co.uk/politics/2012/may/30/ireland-referendum-vote-enda-kenny

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Reply Ireland referendum no vote will prove costly, warns Irish prime minister (Original post)
alp227 May 2012 OP
Ken Burch May 2012 #1
happynewyear May 2012 #4
Ken Burch May 2012 #5
dipsydoodle May 2012 #2
cqo_000 May 2012 #3
Ken Burch May 2012 #6
JackRiddler Jun 2012 #7
pampango Jun 2012 #8
lovuian Jun 2012 #9

Response to alp227 (Original post)

Thu May 31, 2012, 03:13 AM

1. If the "Yes" side in this referendum prevails by less than three or four percentage points

Last edited Thu May 31, 2012, 04:57 AM - Edit history (1)

We can assume that the margin of victory was stolen.

The feeling against this in the Republic is deep, and, as a result of it, Sinn Fein(that's right, Sinn Fein)the one major party calling for a "No" vote, is now the second-most popular party in Ireland(I don't mean Northern Ireland, I mean the OTHER 26 counties, the area where Sinn Fein, until the last five to six years, was still considered nothing but a front for terrorists).

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Response to Ken Burch (Reply #1)

Thu May 31, 2012, 10:42 AM

4. Sinn Fein is the oldest political movement in Ireland

Sinn Fein is the oldest political movement in Ireland. It takes its name from the Irish Gaelic expression for ``We Ourselves''. Since being founded in 1905, Irish Republicans have worked for the right of Irish people as a whole to attain national self-determination.

The movement founded almost 100 years ago by Arthur Griffith evolved into a number of organisations which carried the name.

http://www.sinnfein.org/

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Response to happynewyear (Reply #4)

Thu May 31, 2012, 05:21 PM

5. It is the oldest, but until a few years ago

it had almost no popular support in the Republic. In fact, supporting that party had been considered political anathema by the vast majority of Irish voters. So it is a major statement that the Irish electorate now is giving that party dramatically increased support.

The only American comparison I can make(and it's far from exact)would be if the Industrial Workers of the World suddenly became the largest union in this country.

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Response to alp227 (Original post)

Thu May 31, 2012, 04:59 AM

2. Polls point to Irish "yes" in Europe's only treaty vote

(Reuters) - Ireland began casting ballots in the only popular vote on Europe's new fiscal treaty on Thursday, with opinion polls pointing to a "yes" vote that could ease concerns about its funding prospects and save Europe a headache it can do without.

The referendum, Ireland's third on Europe in four years, puts it back in the spotlight after it avoided much of the recent heat from the euro-zone's debt crisis by dutifully implementing its 85 billion euro ($106 billion) EU/IMF bailout.

http://uk.reuters.com/article/2012/05/31/uk-ireland-referendum-idUKBRE84U0C520120531

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Response to dipsydoodle (Reply #2)

Thu May 31, 2012, 07:26 PM

6. Did you notice that they didn't actually CITE any specific polls?

Perhaps it was a typo and the headline was supposed to read "POLES point to Irish 'yes' in Europe's only treaty vote".
(Reuters got confused and did person-on-the-street interviews in Warsaw, Gdansk and Cracow, for some reason).

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Response to dipsydoodle (Reply #2)

Fri Jun 1, 2012, 12:54 AM

7. The capacity of majorities to play the patsy to fear is bottomless.

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Response to alp227 (Original post)

Fri Jun 1, 2012, 07:56 AM

8. Official announcement at 3:30 PM (10:30 AM EDT), but "No" side seems to be conceding.

Libertas founder and "No" campaigner Declan Ganley has said that "it clearly is a yes vote".

Speaking at the Dublin Castle count centre, Mr Ganley said the majority of the electorate in Ireland has "expressed trust and faith in our partners in Europe to do the right thing." "I hope that that trust will be repaid," he added.

http://www.rte.ie/news/2012/0601/fiscal-treaty-referendum-count-to-begin.html

It is safe to say that Mr. Garney is not optimistic that the trust will be repaid.

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Response to pampango (Reply #8)

Fri Jun 1, 2012, 08:24 PM

9. the fools

the Eu is doomed
Austerity doesn't work

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