LABOUR TD for Cork South-West Michael McCarthy has welcomed the outcome of yesterday’s EU council meeting which confirmed that there are no proposals to change any element of the Stability Treaty.
“It is important that the Irish people know what they will be voting for on May 31st has not changed and will not change. The Treaty as it stands is water-tight. There will be no change to its text or otherwise, guaranteed. This was emphatically clarified at yesterday’s summit meeting and it blows apart the argument by opponents of the Treaty that one should vote No on the basis that EU leaders are going to change it. They won’t and they can’t.
“I also welcome overtures from the meeting that growth will continue to take centre-stage within the EU policy platform and in particular, Tánaiste Eamon Gilmore’s declaration that whatever provisions are made in terms of growth and economic recovery will be in addition to what has already been agreed.
“I will be hammering this message home to my constituents over the final week of campaigning as I urge people to get out and vote Yes to the referendum. The Stability Treaty is an integral part of the EU’s response to the financial crisis and will be a key signal to outside investors that we are serious about recovery and worthy of investment. On that basis, I am urging people to vote Yes next Thursday and play their part in assisting in the stabilisation of the Eurozone and of Ireland.”
There were watertight doors on the Titanic too. You can even see them in the 1997 video, closing within seconds of the collision with the iceberg. Trouble is they didn’t go all the way to the top deck of the ship. No point in having watertight doors when the EU ship is leaking like a colander.