Originally Posted by Filibuster

The biggest risk I'm seeing facing Ireland is radical EU and US rad reform happening simultaneously and drastically changing the business environment.

The way things are headed the US will reduce corporate taxes and the EU seems to be determined to hike taxes on companies to the point that you would wonder if they'll bother having EU HQs at all.

It may suddenly become cheaper to base in the US or to use CETA arrangements and move lock stock and barrel to Vancouver.

Between this and Brexit, Ireland's not exactly in a very secure position right now.

When you don't control your own Nation's Destiny

- you will never be in a secure position

Originally Posted by Catalpast

Central Bank of Ireland is NOT an Irish State Central Bank
Rather, it is a Private Central Bank belonging to The Rothschilds

So who owns it then?

I cant see anything on their site that indicates where ownership of the Bank resides

- is a fully State enterprise, owned, financed and controlled by the Government of the day?

I mean could the Government legally close it down and replace it?

Now this is an interesting point.

I thought that the Central Bank of Ireland had become the Dublin office of the ECB, and therefore outside Irish state control.....but am open to correction....

Originally Posted by clearmurk

Now this is an interesting point.

I thought that the Central Bank of Ireland had become the Dublin office of the ECB, and therefore outside Irish state control.....but am open to correction....

the Central Bank of Ireland failed to prevent a tripling of bank lending in celtic tiger times.

That together with a tripling of government expenditure in much the same time bankrupt the country.

That did not serve the people of Ireland or the ECB too well.

Originally Posted by robut

Jean-Claude Juncker's federalist vision for the EU is far from reality

JUNCKER:



Im focusing this thread specifically on FEDERAL EUROPE rather than the wider state of union speech by Juncker today.

So straight and simple .. I am trying to gauge what folk here think of a Federal Europe and Irelands place in same?

Is Federalism a step too far and should we be out of it? OR should we embrace it fully?

In fact .. via treaties are we already signed up to this and in it for the long haul whether we like it or not? And if this is the case do many Irish folk realise this?

Is EU federalism just a dream in reality that will be pushed back against by many other EU countries?



Fine Gael MEP says Ireland needs to re-examine its neutrality ahead of Brexit

I think we have to wait to see the whites of the Federalists' eyes.

What is needed is a European Banking System where the debts of the states are guaranteed by a Bond among all the states - not sure how that will work, and the fine print should be interesting. France would probably be for that, certainly it supports a Europe that could create jobs and stimulate the economy, but Germany will not like it at all.

Until Germans and Greeks (for example) feel enough solidarity that they have mutual bond of trust over national expenditure and loans, "ever closer Union" should be taken very, very slowly. We are barely over the last recession.

Ireland should treat this very, very cautiously. It is not about "being good Europeans" or "Federalism for the sake of Federalism". We should be taking a long, cold, hard look at propositions like Junckers'.

Originally Posted by shiel

the Central Bank of Ireland failed to prevent a tripling of bank lending in celtic tiger times.

That together with a tripling of government expenditure in much the same time bankrupt the country.

That did not serve the people of Ireland or the ECB too well.

Well we are still at loss as to who actually owns it?

Originally Posted by O'Quisling

Is Norway living in some Antediluvian conditions because it is outside the EU?

The EU fanboys really lack an ability for creative thinking.

"A handful of gougers wrecked the economy. Aw that's it we need someone outside to run the place for us!"

Really?

Norway is a vassal state of the EU, as is Switzerland for that matter.

Originally Posted by Hillmanhunter1

Norway is a vassal state of the EU, as is Switzerland for that matter.

You clearly don't understand the meaning of the words you use

everything is under control. he's so cool.

Originally Posted by Catalpast

Central Bank of Ireland is NOT an Irish State Central Bank
Rather, it is a Private Central Bank belonging to The Rothschilds

So who owns it then?

I cant see anything on their site that indicates where ownership of the Bank resides

- is a fully State enterprise, owned, financed and controlled by the Government of the day?

I mean could the Government legally close it down and replace it?

The Central Bank is a body corporate established by legislation, it is an organ of State.

It doesn't have share capital like a company established under the Companies Act, but all of its original capital was provided by the Minister for Finance. All profits (except for a proportion allocated to reserves) are transferred each year to the Exchequer.

The Governor and the Board are appointed by the Minister for Finance, and the Secretary of the Department of Finance is, ex officio, a member of the Board.

AFIK, no Rothschilds have ever served on the Board!

Originally Posted by brughahaha

You clearly don't understand the meaning of the words you use

All important law of the EU is imported word for word into the Statute Books of Norway and Switzerland, without either the ability to vary the terms, nor representation in the Commission or Parliament.

This is how it will be for post-Brexit UK also.