1. This “Austerity Treaty” won’t work, and will deepen the recession across Europe and lead to further instability at home and abroad.
2. It’s designed to suit “core” EU members like Germany - not Ireland
3 It means even more austerity cuts in Ireland to meet German-imposed budgetary targets. These will increase to a massive 6 billion euro in 2015 with the focus on cuts and more cuts – not jobs or growth
4 It would result in a loss of political sovereignty i.e. control of Irish affairs would be taken out of our hands ( and democratically elected parliament) and handed to an unelected and unaccountable committee – the EU Commission.
5 The EU Court of Justice will be entitled to fine a member state who doesn’t impose the level of cuts to public spending as demanded by German leaders such as Angela Merkel.
6 This is a bankers treaty –the EU Commission asked that Irish people pay billions in toxic AIB private gambling debt which has beggared us as a people. We could use our VETO to get a better banking deal if we had leaders prepared to use it.
7 The treaty is binding and permanent. 20 years of cuts would be written into our constitution. Our children will still be paying for it!
8 They have conveniently forgotten to tell you that to enter the ESM fund we would have to pay a massive 11,000,000,000 Euro!
9 If you don’t know – better to vote NO. Don’t buy a pig in a poke!
10. The Yes side campaign has been based on scaremongering and false promises - just like in Nice and Lisbon referendums. Remember then…”Yes for jobs, recovery etc. etc.” – “fool me once…shame on you, fool me twice…”
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