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This was put less politely by redstar in a recent diary... Beyond Brussels
As we face a serious economic challenge, with member states [such as] ... Ireland ... facing severe economic challenges causing hardship among our fellow European citizen, it's a fair question: what the hell good does the EU do? And what the hell good does the Euro do? ...

The more I think about it, I have to say, not a hell of a whole lot. After all, it doesn't take a genius to observe how easy it is for 1% of Europe to scuttle pretty much anything. And you may not like Lisbon or Nice or even Marseille (though I'll sternly take issue on this last one) but think about it... 1% of the EU could be condemning praise of motherhood and your right to a decent blood sausage, and next thing you know it, what is important to you have been cluster-fucked by a well financed campaign in one of those tiny little English-speaking countries, where certain rich people tend to have lucrative contracts with the US military. And we, Europeans, are supposed to be ok with this, and think those 1% of people who stupidly are taken in by this (among other things) should be considered proper partners?

I for one have had enough of this shit.

We should not forget that according to polls one of the motivations for the Irish "no" vote was the desire to keep the "tax sovereignty" (i.e., the right to race to the bottom on fiscal policy) that enabled the "Irish tiger" and the subsequent property/credit boom which already at the time of the failed referendum could be seen to have been fake Anglo-diseased nominal growth borrowed from the future.

Now that the clay feet of the Irish giant are dissolving in plain sight and tax sovereignty the fiscal race to the bottom has been secured, the Irish want to play nice with the rest of the EU.

Is Ireland´s position as "one of the most pro-EU member states in the European Union" (as Frank keeps pleading in all his diaries) based in anything other than narrow pecuniary interest?

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith

by Migeru (migeru at eurotrib dot com) on Mon Feb 16th, 2009 at 06:18:04 AM EST
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