May 31, 2012

Ireland Weighs Ride in EU Jalopy

The Guardian, The Guardian

AP Photo

Right up there with the Yugo, Zaporozhets and Moskvitch, the EU's fiscal pact must rank as one of the worst vehicles on the road. It's lethal not only for its occupants but other road users, it's got an oil leak and probably no brakes. Would you hitch a ride in one, if it lurched to a halt in front of you? That's the choice facing Irish voters in a referendum today.

Read Full Article ››

TAGGED: Eurozone, Ireland

RECOMMENDED ARTICLES

May 20, 2012
Ratcheting Up the Euro Crisis
Walter Russell Mead, The American Interest
'Crisis in the eurozone' stories are getting boring and this is one two year old soap opera the world would just as soon see disappear. Nevertheless it grinds on; yesterday the German finance minister said it could go on for... more ››
May 30, 2012
Does Ireland Want to Sink with Europe?
Daniel Hannan, Telegraph Blog
It's hard to see what else the eurozone leaders have to do to encourage Ireland to vote 'No' to the FU Treaty. Christine Lagarde and José Manuel Barroso lecture people about austerity while paying almost no tax on their... more ››
May 30, 2012
Ireland Will Crater in the Eurozone
David McWilliams, Irish Independent
In early 1931, the German government under the stewardship of its finance minister, Bruhning, was facing an enormous economic challenge. The economy was contracting rapidly but Germany was dependent on loans from the US to... more ››