Is this true about the ESM

lightspeed

Watch this Video about the ESM. If its true it seems to allow for more casino economics with the financial markets

http://www.youtube.com/watch?v=vPCKHvCgLnA&feature=youtube_gdata_player

4zn76tysfajdxp

What video?



My god. They got to you too!

TheBody

Allow me to get that for ya!!

My name is URL

Vote Yes to find out =p

Pottler

My own take, which is probably as stupid as all my other opinions, but there ya go, is that the EU pump a country full of cash via "infrastructure" funding, etc, impose a load of rules that strangle local enterprise and kill local democracy and power, and then pull the rug out and demand repayment of EU debt at swinging terms that ensures a country has to sell its assets to EU buddies cheaply and is left buried in debt having been asset stripped and owned. The EU then moves on to its next victim. (currently Poland I believe). I do not subscribe to the idea that the EU or any of its instruments, are benign. Therefore, I think the ESM is an instrument of control.:)If you disagree, you are a minion of the powers that be and a promoter of false propaganda to further the powers of the EU. Or stupider than me. And I'm fairly thick. Which means....

Guy:Incognito

Pottler wrote: »

My own take, which is probably as stupid as all my other opinions, but there ya go, is that the EU pump a country full of cash via "infrastructure" funding, etc, impose a load of rules that strangle local enterprise and kill local democracy and power, and then pull the rug out and demand repayment of EU debt at swinging terms that ensures a country has to sell its assets to EU buddies cheaply and is left buried in debt having been asset stripped and owned. The EU then moves on to its next victim. (currently Poland I believe). I do not subscribe to the idea that the EU or any of its instruments, are benign. Therefore, I think the ESM is an instrument of control.:)

"the EU" do this? and who makes up "the EU"? All the MEP's from the different countries are doing this to their own countries, yeah?

lightspeed

opinions aside, that video goes through some interesting ponts on the ESM. Why can they not be held accountable for anything they do? Would the EU Commission not hold them accountable if their was some bias and corrupt decsions made? If what is stated in this video is true, they would'nt. So whats on offer is less regulation and just as they want to pass the fiscal compact treaty?

Pottler

Guy:Incognito wrote: »

"the EU" do this? and who makes up "the EU"? All the MEP's from the different countries are doing this to their own countries, yeah?

Which shows what you know. Sorry, I forgot that politicians always have their countries best interest at heart as opposed to the progression of their own career and their own families wealth. Anyway, you believe whatever you want, and I'll believe what I want. Have you checked out net cash-flows re Ireland/the EU lately? They gave us x, we've given them Y, and we will continue giving them a sh1t load more with interest. Oh, and I forgot that the EU is totally free from corruption...

Mance Rayder

lightspeed wrote: »

Watch this Video about the ESM. If its true it seems to allow for more casino economics with the financial markets

http://www.youtube.com/watch?v=vPCKHvCgLnA&feature=youtube_gdata_player

The parts of the treaty quoted in the vid are not in the actual treaty, its called Bullsh1t propaganda.

Duggys Housemate

I came to laugh but that is crazy.

Duggys Housemate

CiscoStudent wrote: »

The parts of the treaty quoted in the vid are not in the actual treaty, its called Bullsh1t propaganda.

Ok.

lividduck

CiscoStudent wrote: »

The parts of the treaty quoted in the vid are not in the actual treaty, its called Bullsh1t propaganda.

Its not propaganda, Joe Higggins and Richard Boyd Barrett have proved that if we vote yes then the Germans and French are going to eat all our male children and force us to speak esperanto!:D

Mance Rayder

If anyone is worried about what the treaty means might I suggest..you know... Reading it?

Bishop_Donal

Question.........





What happens if we vote against it??





Answer:

We run out of immediate financial support, so we either close the hospitals, schools or stop paying Social Welfare.

The irony is that the people who are least reliant (& the ones who suffer most in austerity) are the very people who will vote yes.

SeanW

CiscoStudent wrote: »

If anyone is worried about what the treaty means might I suggest..you know... Reading it?

I've read both of the treaties in question, there are two important ones:

1. The one we're getting to vote on, the Fiscal Stability Treaty, which is somewhat benign.
2. The one our political class will decide for on our behalf, i.e. the Treaty Establishing the European Stability Mechaism - that's the nasty one explained in the video that creates the bureaucratic leviathan monster.

I'm hoping that if we vote NO to the FST and therefor will not be able to access ESM funding, then it will be impossible for our political class to sign the ESM treaty - authorising this all-powerful, unaccountable nightmare - while credibly pretending to be servants of the people of Ireland. There would also be one less avenue for Irish style bank bailouts in the future.

Pottler

I sat next to Richard Boyd Barrett at school and I reckoned he was a fairly smart cookie even then. You might not agree with him but I dont doubt his sincerity and to me he makes a lot of valid points. The ESM and the EU are not about people, they are about money, and money does funny things to people. The world has become focussed on Capital, peoples welfare is a distinct second and that is backwards, to me.

Mance Rayder

SeanW wrote: »

I've read both of the treaties in question, there are two important ones:

1. The one we're getting to vote on, the Fiscal Stability Treaty, which is somewhat benign.
2. The one our political class will decide for on our behalf, i.e. the Treaty Establishing the European Stability Mechaism - that's the nasty one explained in the video that creates the bureaucratic leviathan monster.

I'm hoping that if we vote NO to the FST and therefor will not be able to access ESM funding, then it will be impossible for our political class to sign the ESM treaty - authorising this all-powerful, unaccountable nightmare - while credibly pretending to be servants of the people of Ireland. There would also be one less avenue for Irish style bank bailouts in the future.

SeanW thanks for the info, I will look into the second treaty. For the record I am voting no anyway.;)

JoeGil

The video is a bit of a non event.
The ESM is there beacuse a few countries ran amok and without a fund in the background there is a danger that some of these could go bankrupt.

No country wants it - it's a case of having to have it. As soon as the basket cases sort out their finances the fund can be shut down again.

suicide_circus

JoeGil wrote: »

The video is a bit of a non event.
The ESM is there beacuse a few countries ran amok and without a fund in the background there is a danger that some of these could go bankrupt.

No country wants it - it's a case of having to have it. As soon as the basket cases sort out their finances the fund can be shut down again.

some how i don't see that happening. these types of unelected bodies are unlikely to give up power and voluntarily disband, particularly as this proposed body seems to be a law unto itself.

Tzar Chasm

Wasn't ireland in surpluses when the SHTF?

JoeGil

suicide_circus wrote: »

some how i don't see that happening. these types of unelected bodies are unlikely to give up power and voluntarily disband, particularly as this proposed body seems to be a law unto itself.

That could be true but unfortunately a few politically incompetent governments have created a situation which necessitates the fund.
For the future we can look forward to the Stability Pact to prevent a repeat of such incompetence.

ygolometsipe

I did a summary of the contents,
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Question..... boringboringboringboring.

Pottler

ygolometsipe wrote: »

I did a summary of the contents,
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Question..... boringboringboringboring.

\well then, just for you, in Greece, the Neo-Nazis are set to get up to 15% of the vote in the upcoming election, popularised by effects of the recent austerity measures - everyone loves a good Nazi discussion...sh1t might hit the fan then...:)

SafeSurfer

It amazes me how quickly all of Europe's governments can so quickly introduce legislative and even constitutional change to tighten the strait jacket of national austerity but react so slowly to enshrine basic laws curbing the power and sharp practices of international banks like Goldman Sachs et al.
They truly have become the "Masters of the Universe".

WoollyRedHat

Everything you have been told is a lie. Especially the cake... the cake is a lie.