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If the government have got it so wrong on NAMA how can they be trusted on Lisbon – Ó Caoláin

23 September, 2009 - by Caoimhghín Ó Caoláin TD


Sinn Féin Dáil group leader Caoimhghín Ó Caoláin has described as “dangerous and disingenuous” government claims that a second No to Lisbon on October 2 would represent a “withdrawal from Europe” and would damage any prospect of “economic recovery.” The Cavan-Monaghan TD also asked “If the government have it so wrong on NAMA how can they be trusted on Lisbon?”

Deputy Ó Caolain said:

“In recent days we have seen a significant increase in outlandish claims by the government and their supporters on the yes side regarding the economic consequences of a second No to Lisbon on October 2nd. There seems to be no depths to which the government and their supporters will not go in an attempt to frighten voters into supporting the bad deal that is the Lisbon Treaty.

“The government’s claims have been described by the influential Wall Street Journal as ‘patent absurdities’. The editorial of September 16th described Brian Lenihan as ‘peddling phantom terrors to scare the Irish people into voting yes.’ And described the government's ‘chief strategy’ in the campaign as consisting of ‘preying on fears.’

“Contrary to the government claims on inward investment made during the last referendum campaign the IDA have confirmed ‘that 2008 saw a 14 per cent increase in foreign direct investment.’

“Contrary to the governments claims on jobs Managing Director of Microsoft Ireland Paul Rellis told the Oireachtas sub-committee on the Future of Europe on 21 October 2008 that he had not, ‘seen any material impact on jobs, market access or sales in recent months attributable to the rejection of the Lisbon Treaty’ in 2008.

“The fact is that the biggest threat to the Irish economy comes from this government. They are out of their depth in dealing with this economic crisis and they are out of their depth on the EU stage. If Lisbon is passed our ability to take decisions to get the economy back on track will be weakened. We will have less political strength at EU meetings where key decisions are taken. Workers’ pay and conditions will come under further attack from the European Commission and European Court of Justice. The rural economy will be in danger as the government would be unable to veto the kind of deal which was promoted by Peter Mandleson at the World Trade Organisation last year. And the Commission would have new powers to subject vital sectors of the economy such as energy and public services to the rules of competition and restrictions on state aid.

“The government knows that the Lisbon Treaty is a bad deal for Ireland. That is why they want to talk about anything but the Treaty. Indeed you have to ask yourself if the government have got it so wrong on economic policy in general, and with NAMA in particular, how can they be trusted on the Lisbon Treaty?” ENDS

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