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Cóir says budget batters ordinary families to bail out EU banks PDF Print E-mail

Cóir Date: 06.12.2010

Cóir has said that tomorrow's Budget will be the "cruellest in living memory" and that it "will batter families in order to rescue the EU banks and prevent the crash of the euro". Leaks ahead of tomorrow's budget have indicated that  families will be amongst the hardest hit by the Budget, with child benefit slashed, college fees re-introduced and taxes increased across the board. It will also bring cuts to social welfare benefits, pushing people already below the breadline into abject poverty.
 
"This Budget is savage. The Irish people are being battered by the severe measures being forced on us by the EU and the IMF. We should insist that the government defaults on the debt, sends the EU and the IMF packing, and then focus on what Ireland needs, rather than what our EU master are insisting we must bear," said Richard Greene of Cóir. "The current situation - where the people are being forced to take on unsustainable levels of debt to shore up the EU banks and the euro - amounts to treason."
 
"We've seen our sovereignty handed over lock, stock and barrel, by Fianna Fáil in the past month," he continued. "But all of the main political parties support the EU's actions and say they would also see this generation and the next shoulder massive debt rather than stand up to the EU. It's time the people rose up and took back their country."
 
Mr Greene said that Ireland's ability to deal with the recession was paralysed by the EU's demands that we take on the bank's bad debts and by our membership of the Eurozone. "Two years ago we were told that but for the EU we would be in the same sorry situation as Iceland," said the Cóir spokesman. "But Iceland is recovering while we're sinking into an abyss, and, according to leading economists like Paul Krugman, Iceland's recover is partly due to their ability to devalue their currency, an option denied to Ireland."
 
He added that, in the past months, the EU had shown beyond all possible doubt that the best outcome for Ireland and her people were not a serious concern of EU elites.

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