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View Diary: Ireland ready to take the Euro hostage (256 comments)

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  •  Yep. I alway flinch when someone (4+ / 0-)

    quotes the Torygraph or the Daily Heil in good faith.

    Iuris praecepta sunt haec: Honeste vivere, alterum non laedere, suum cuique tribuere. - Ulpian, Digestae 1, 3

    by Dauphin on Sun Feb 27, 2011 at 02:12:59 AM PST

    [ Parent ]

    •  Indeed (2+ / 0-)
      Recommended by:
      k9disc, Anak

      But I suppose people here don't know that the Telegraph is conservative. Putting that aside, I find it even more disturbing that up and down we have people here openly chearing with the European and American conservatives for the downfall of the European Union.

      Anyway, back to the article, beyond all the rhetoric, of course, the issue is pointed out in the article: "Ireland will have to give up its low corporate tax rates - a measure regarded as vital to Ireland's recovery and one of the few economic policies it has not yet handed over to Brussels or Frankfurt." (Few here appear to note the conservative talking points calling a low corporate tax "vital to Ireland's recovery" and "not yet handed over to Brussels or Frankfurt" and behave sceptically with regards to the article, but that's besides the point.) The discussion isn't even whether the Irish people should absorb the debt, it's whether the Irish corporate taxes should be raised to help pay the debt - and so ending Ireland's status as a tax haven.

      It's interesting how the subtext is entirely lost here, the European Union is conflated with the "banksters"

      •  I think the subtext is lost by those (1+ / 0-)
        Recommended by:

        lamenting the sources I linked.  

        What would you wish - that the Irish continue to take it in the ass?

        I expect the people showing enthusiasm for the election results in this thread are against the banksters and the corrupt deal those banksters foisted on stupid Irish politicians.  This is not about being against the EU.

        What I think is the Irish, the Greeks, the Spanish, and others screwed over and enslaved by bankster actions are ready to fuck the banksters in the ass.  

        Sooner or later, these massive debts in the EU are going to go into default.  Debts like this can't be solved with more debt.  

        The people of Iceland took the right actions, and the people of Ireland had the wrong deal imposed on them.

        Implicitly, you and others seem to be favoring the international banksters.    

        For the record I do think the Euro is terminally fucked.  It's not that I'm opposed to it for political reasons - politics has noting to do with it.  

        I believe that banking institutions are more dangerous to our liberties than standing armies. Thomas Jefferson

        by deepsouthdoug on Sun Feb 27, 2011 at 02:57:32 PM PST

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        •  Raising Corporate Taxes (0+ / 0-)

          Why do you think that raising Irish corporate taxes means that the "Irish continue to take it in the ass"?

          Don't we advocate raising corporate taxes here in America? Are we then not advocating that we "take it in the ass"?

          •  I'm not against raising corporate taxes (0+ / 0-)

            But the real issue is cramming the losses down the banksters' throats.  

            This debt should not have been forced on the Irish people.  You and your bankster apologists in this thread seem to be ignoring this.  

            On corporate tax rates there are reports that large corporations will leave Ireland if the tax rate goes up.

            So should Ireland raise rates if large corporations take their operations and jobs elsewhere?  

            The bigger issue is - should Germany and France be dictating Irish tax policy?  

            Read my sig line if you remain confused as to where I'm coming from.

            I believe that banking institutions are more dangerous to our liberties than standing armies. Thomas Jefferson

            by deepsouthdoug on Mon Feb 28, 2011 at 06:29:05 AM PST

            [ Parent ]

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