Labour’s way, origins December 9, 2012Posted by doctorfive in The IMF Republic.
Wonderful speech ahead of the 2011 budget and two months or so before taking office. Eamon Gilmore gives his and some other eminent views on the IMF program.
The Labour Party cannot be bound by what is contained in the document, not only for democratic reasons, but also because it will not work.
The Government is submitting a document and letters that are craven to the IMF and to the EU and which will not work.
There is a list of prominent economists who have written about this over the last 24 hours. Willem Buiter, the chief economist of Citigroup, stated that accessing external sources of funds will not mark the end of Ireland’s troubles.
Professor Eichengreen of Berkeley stated that the Irish rescue package finalised over the weekend is a disaster.
Paul Krugman, the Nobel laureate in economics, stated that this deal amounts to reparations imposed on an innocent public.
That is what this is
the Labour Party, whoever else will want to be bound by this, will not be bound by this document.
Applause and everything