High Court challenge over the Fiscal Stability Treaty

INDEPENDENT Donegal South West TD Thomas Pringle has brought a High Court challenge over what he says will be the “far reaching” effects of the May 31 referendum on the Fiscal Stability Treaty.

Mr Pringle claims the Government intends to use a “Yes” vote in the referendum to push through another treaty in relation to the European Stability Mechanism (ESM) and to change an existing treating on the functioning of the EU itself – without putting these matters to a vote.

He wants the High Court to examine the legality of this because he says the Fiscal Stablity Treaty is intertwined with the ESM Treaty and an amendment to an existing treaty.

While his action will not affect the holding of the referendum, he says if the court finds that the ESM Treaty is unlawful, then there will be a question over the validity of a Yes vote in this month’s referendum.

He claims the ESM Treaty will set up a €500 billion bailout fund which will give the power to an ESM institution to call onIreland to contribute more than €11billion to that fund in various forms of capital. That’s the equivalent of around one-third of Government revenue for last year and the ESM can increase that figure at any time with no limit, he says.

full article at source: http://www.independent.ie/national-news/fiscal-treaty/donegal-td-challenges-fiscal-treaty-referendum-in-high-court-3110604.html

Comment :

At least one TD is standing up for the ordinary citizens of this country!

Fair play to you MR.Pringle

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About machholz

I started this Blog to get out of my system the absolute rage that I have for the corrupt politicians and their Banker Buddies. I’m an ordinary guy, married with kids, and have firm opinions of what is right and what is wrong. I’m not afraid to say it even when it makes me unpopular. I reproduce news all manner of articles, but will always confirm the source of the articles; this is a compliment to the source of such news pieces. But if you do not agree with this and you are the original author, I will take down any article when requested to do so. I do not assume that the author of the news articles share with my views, I include news articles to give readers another slant to my views or to illustrate what the mainstream news media say on the relevant topic. The opinions expressed are my own but I do not accept liability for them, If I have offended you or made a factual error please put on record the truth by leaving a comment. In addition, my thoughts and opinions change from time to time...I consider this a necessary consequence of having an open mind. This weblog is intended to provide a semi-permanent point in time snapshot and manifestation of the various memes running around my brain, and as such any thoughts and opinions expressed within out-of-date posts may not the same, nor even similar, to those I may hold today. For the record I am currently an Independent political activist and am not affiliated to any political party
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3 Responses to High Court challenge over the Fiscal Stability Treaty

  1. Don Furioso says:

    Bravo! The ESM needs to be challenged. The ESM is a monster fund with no accountability. Whoever controls it, controls our lives. It is feudalism through the back door again. I really hope the people have the resilience to say no to this. However, one question: Will a NO in the referendum have a real effect? When Ireland changed government, I was hoping this would be the end of the bank bailout madness. To me, from the outside, it looked like the new government did the opposite of what they promised, and towed the German party line instead – to my shock! Is that perception correct?

    • machholz says:

      That is exactly what happened .The Big money men arranged to have the last government taken out in order to put in the new face so called democracy, all the time we are stuck in a twiddle dumb and twiddle Dee political musical chairs system. One political party loses in the general election the other parties gets in ,the policies of the first party are still been carried out by faceless burocrats who owe their alliance to the people who got them their vastly overpaid salaries .All of the main political parties in Ireland are bought and paid for! Just look at my posting (Meet the real Taoiseach of Ireland “Peter Sutherland) the financiers have infected and infested Irish politics over the past 70 years and no one gets into high office in Ireland without the help from these unelected puppet masters. The political system is totally corrupt the party system is infested by people who are out to hold on to power and rule out change of any kind within the established system!

  2. Pingback: Ireland Vote NO for Us on 31 May!!!! | 2012: What's the 'real' truth?

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