ADDRESSING an anti-Austerity Treaty meeting in Cobh last night (Friday), Workers’ Party referendum campaign director Padraig Mannion said that the EU Fiscal Treaty represented “bad economics, bad law, and was a blatant attack on democracy”.
Mr Mannion said the treaty was bad economics because it seeks to solve the wrong problem and as a result arrived at a totally dangerous remedy. The problems in the Irish economy, he said, were mass unemployment, a shrinking domestic economy; and an ageing infrastructure.
The Workers Party spokesman said the Treaty was bad law because it would put economic policy and economic guidelines into the Irish constitution. Future governments would be unable to rapidly adapt to changing economic situations. He said Ireland’s economic policy would be set in stone.
Mr Mannion said that the EU Fiscal treaty was “yesterday’s news” and he predicted that it would be rejected by the people in the May 31st referendum.
He concluded with a strong attack on Fianna Fáil leader Micheál Martin saying the former Foreign Affairs minister had a cheek to set himself up as a national guru and offer financial advice to the Irish people.
“This man was part of the cabinet that landed us in this mess. He was in Fianna Fáil cabinet for the disastrous bank bailout; for the Anglo Irish bank promissory notes deal; and for the ushering in of the troika practically at the dead of night. He has lost any credibility to offer advice to the Irish people”.
The meeting was also addressed by Cork City Councillor Ted Tynan and Cobh Workers Party chairman John Jefferies.