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By ATWadmin On January 31st, 2009 at 10:27 pm

I read that Peter Sutherland, the Irish chairman of energy giant BP, the world’s fourth-largest company, says that Ireland’s economy has remained afloat solely because of the country’s membership of the euro.

Speaking to The Irish Times at the Davos economic forum in Switzerland, Mr Sutherland said that if Ireland was not in the single European currency, the Irish economy would be “in a state of destruction”. He described as “absolutely appropriate” the comparison between Ireland and Iceland, a non-euro state whose economy has collapsed, made by European Commission president Jose Manuel Barroso during a discussion on the European economy in Davos. “He was quite right to make it,” Mr Sutherland said. “There is no point trying to pretend now what our condition is. That condition is deeply, deeply worrying, so it behoves everybody to recognise this and to react accordingly.”

So, Mr Sutherland, pray tell us what Ireland should do?

“It behoves everybody to recognise this and to react accordingly. Mr Sutherland said the Irish banks needed to be dealt with “urgently” and that it was “absolutely necessary” for the country’s credibility that the Lisbon Treaty be voted through.

Ah – I see. The Europhiles never miss a chance to try and advance their agenda and so even though the Irish people said NO to the EU constitution, the new tactic is to tell them that unless they say YES later this year, then Ireland will become the new Iceland. The threat is clear. Ireland will be frozen out if the people seek to stand in the way of the EU constitution.


By ATWadmin On January 30th, 2009 at 7:50 am

It’s inevitable that as unemployment soars, there is going to be massive strain on community cohesion and those people born and bred in the UK are going to be very unhappy when they see local jobs going to foreigners. Whether this is right or wrong is beside the point, it IS happening…

Hundreds of oil refinery workers demonstrated yesterday to demand ‘British jobs for British workers’ in a row over the influx of foreign labour. Unions say up to 1,000 took part in the unofficial protest, accusing Italian and Portuguese workers of stealing their jobs. They are furious that 400 are being brought in to work on a £300million construction project, claiming qualified locals are available to do the job at a time of soaring unemployment.

The thing is that we live in a globalised employment market which has been further exacerbated by the UK’s submergence into the EU and the accompanying easing of trans EU job mobility. So, Italians to Grimsby? – no problem. The social cohesion that holds our nation together is now under pressure and as we march through 2009 I can only see this get worse. If we are not a Nation, how can we protect local jobs for local people? Being in the EU has reduced our ability to act locally, and the fruits of this are now there for all to see. Today Grimsby, tomorrow….?

Proud To Be On Their Database

By ATWadmin On January 26th, 2009 at 7:10 pm

HAD a parking fine recently? Been fishing without state authoristion? Any points on your driving licence?

If so, congratulations! You too could soon be on a ‘pan-EU’ database of criminals, subversives and other undesirable riff-raff. Raedwald has the lowdown on the EU Council decision of 20 January on the establishment of a pan-EU ‘criminal’ database includes the following ‘offences’.

  • Offences related to waste
  • Unintentional environmental offences
  • Insult of the State, Nation or State symbols
  • Insult or resistance to a representative of public authority

    And that’s enough for me. ‘Offences’ three and four will have me rendited extraordinarily on the word of a foreign magistrate, off to a hole reserved for the criminals of the anti-EU resistance. Be sure to check out those other reasons for which the EU believes it should know you. Meanwhiles, I’ll make like the Libertarian Party UK blog and ensure the Brussels gauleiters have much to keep them busy…


    By ATWadmin On January 24th, 2009 at 11:39 am

    Interesting to read that Britain is a destination hotspot for…. foreign murderers!

    Eighty foreign killers are exploiting the chaotic asylum system to set up home in Britain, it was revealed yesterday. The convicted murderers from Albania have been given British passports despite being officially listed as ‘wanted’ by Interpol. Most slipped across the Channel from Calais to Dover hidden in the back of lorries on ferries. They used bogus names and false papers to claim asylum, often pretending to be from the war-torn Balkan republic of Kosovo.

    In my view, those officials who have granted wanted killers the right to stay in our country should themselves be brought to court and prosecuted for their wilful negligence.


    By ATWadmin On January 23rd, 2009 at 7:42 am

    Ronald Reagan got it right when he wrily observed of government’s approach to the economy, If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidise it.

    The European Union loves to subsidise and so the news that its’ notorious butter mountains and milk lakes are to return after a controversial decision to reintroduce dairy subsidies comes as little surprise!

    “The European Commission has announced plans to artificially boost prices by buying up 139,000 tonnes of diary products at a cost to the public purse of £237 million. From March 1 until the end of August, the EU will become the owner of 30,000 tonnes of butter and 109,000 tonnes of skimmed powder milk, paid for at above market cost to support the dairy industry. The EU is has also agreed to begin new export subsidies for European butter, milk powder and butteroil. Export subsidies and EU food stocks were last used in 2007 and the Commission last year tried to scrap such payments, a reform that was blocked by France and Germany. Commission officials have played down the measure as a temporary move after a steep slide in milk prices triggered a 33 per cent decline in butter exports last year.”

    Trying to manipulate the European dairy market through false and expensive subsidies may make the French ecstatic but all it shows is a protectionist attitude which will hurt those in the Third World trying to increase their own agriciultural exports. Just for once, I agree with Oxfam on this.

    Hat-tip to the All Seeing Eye.


    By ATWadmin On January 21st, 2009 at 9:21 am

    If it wasn’t so lethal for jobs, it would be funny.

    “Employees on long-term sick leave are still entitled to paid holiday, EU judges have said. Their ruling clears up years of dispute over whether holiday rights are lost during prolonged illness. Critics said the judgment would impose yet more burdens on hard-pressed businesses already struggling in the recession.”

    The EU exists to add cost onto private business. It seeks to burden it, to provide employee benefit at the expense of the employer – even when the employer cannot afford it. And now, as the EU enters an unparalleled recession, the EU judges seek to  cripple business even more. Stunning EU stupidity.


    By ATWadmin On January 19th, 2009 at 10:05 pm

    So, will the Republic of Ireland be the first nation to LEAVE the Euro?

    “This is war: countries have to defend themselves,” said David McWilliams, a former official at the Irish central bank. “It is essential that we go to Europe and say we have a serious problem. We say, either we default or we pull out of Europe,” he told RTE radio. “If Ireland continues hurtling down this road, which is close to default, the whole of Europe will be badly affected. The credibility of the euro will be badly affected. Then Spain might default, Italy and Greece,” he said. Mr McWilliams, a former UBS director and now prominent broadcaster, has broken the ultimate taboo by evoking threats to precipitate an EMU crisis, which would risk a chain reaction across the eurozone’s southern belt, where yield spreads on state bonds are already flashing warning signals. The comments reflect growing bitterness in Dublin over the way the country has been treated after voting against the EU’s Lisbon Treaty. “If we have a single currency there are obligations and responsibilities on both sides. The idea that Germany and France can just hang us out to dry, as has been the talk in the last couple of days should not be taken lying down,” he said.

    Sorry David but taking it lying down is EXACTLY the deal that the EU offers and which Ireland has embraced. Threatening to bring the entire edifice down will not work since Ireland has sold its soul to EMU and now it is stuck with the consequences.

    He adds…

    “The only way we can win this war is by becoming, once again, an export country. We can do what we are doing now, which is to reduce our wages, throw more people on the dole and suffer a long contraction. The other model is what the British are doing. Britain is letting sterling fall so that the problem becomes someone else’s. But we, of course, have ruled this out by our euro membership. “We are paying twice for the euro: once on the exchange rate and once more on the interest rate,” he said. “By keeping with the current policy, the state is ensuring that Ireland turns itself into a large debt-repayment machine. Is this the sort of strategy to win wars? ”

    No, but then again the Euro elite are already cross at the Irish people for daring to say No to the Lisbon Treaty and any notion that Ireland can blackmail the EU to bail it out of the severe meltdown it is experiencing is McWilliams fantasy.


    By ATWadmin On January 12th, 2009 at 8:26 am

    I suppose it doesn’t really bother me that much as I am not a fan of TV, but I see that plasma screen television is poised to become the next victim of the pointless battle to curb energy use. Giant energy-guzzling flatscreens are expected to be banned under legislation due to be agreed by the EU this spring. Plasma screens have been nicknamed the ‘4x4s’ of the living room because they use up to four times as much electricity and are responsible for up to four times as much carbon dioxide as traditional cathode ray tube sets. Thank goodness we have the EU to ban so many things that are bad for us. First, light-bulbs. Now plasma-TV’s – I wonder what will be next?


    By ATWadmin On January 9th, 2009 at 8:49 am

    Parts of the European economy are in meltdown and we must await the consequences as the news come in that German exports and industrial orders have both plunged at the steepest rate since modern records began and Spain’s unemployment has surged above three million, capping one of the most disastrous days for Europe’s economy since the Second World War.

    Joaquin Almunia, the European economics commissioner, warned that the picture would turn “dramatically worse” this year. The eurozone’s confidence index collapsed from 74.9 to 67.1, the lowest since Brussels started collecting the data in 1985. “It makes truly dismal reading,” said Julian Callow, Europe economist at Barclays Capital. “Industrial sentiment has never experienced such a rapid slump. There is an implosion of demand.”

    Spain lost almost 140,000 jobs in December, pushing unemployment to 3.1m or 13.4pc. The Labour Office said the country had shed a million in jobs in 2008 as the building boom collapsed. This is equivalent to 7m job losses in the United States. The Labour Secretary Maravillas Rojo said she could not rule out a rise in unemployment to 4m this year. “We are in an unprecedented situation, and 2009 is going to be very difficult,” she said. Madrid now has its hands tied under the constraints of monetary union. It cannot slash interest rates or devalue, and it has already exhausted its scope for fiscal stimulus under the EU’s Stability Pact.

    Spain is now in company with Germany, where exports plummeted 10.6pc in November. The German economy is highly-geared to the global industrial cycle and is suddenly facing a vicious downturn as demand for machinery slumps in China, Russia, the Mid-East, and equally important as car sales crash in Italy, Spain, and Britain. The country’s trade surplus has shrivelled by a third in one month.

    The fantasy that all these diverse economies can manage the strains of national economic depression via a central monetary policy is being relentlessly exposed by the day. Thank God Britain has remained outside this Union of economic disaster!

    Interestingly, the European Central Bank appears to be in open conflict with the International Monetary Fund, which has slashed its eurozone growth forecast to 1.4pc this year and 1.2pc in 2009. The fund said Italy will be trapped near recession levels for the next two years, while Spain’s property boom is deflating fast. “In the context of an increasingly negative outlook for activity, the ECB can afford some easing of the policy stance,” it said, dismissing the inflation scare as a one-off spike from food and oil – likely to subside. The IMF warned that Europe’s banks are in as much trouble as their US counterparts, facing losses of at least $120bn (£60bn) from asset-backed securities, structured investment vehicles, and other arcana from the credit bubble. The ECB denies this.

    Time will tell and I trust neither the ECB or the IMF!


    By ATWadmin On January 9th, 2009 at 8:14 am

    The EU seeks to grab control of Britain’sS vital North Sea oil and gas supplies under emergency plans revealed for the first time in Brussels yesterday.

    EU leaders are demanding control of British energy reserves to prevent power blackouts that have left millions of eastern Europeans without heat in Arctic weather due to the Russian gas blockade.  Euro-MPs are calling for the creation of a European gas reserve, made up of British and Dutch supplies, which member states can tap into in the event of any future shortage.  The transfer of ownership would be enacted under secret powers written into the controversial Lisbon Treaty. It gives Europe the legal power to take over individual states’ supplies to “ensure security of energy supply in the Union”.  Ultimate control over Britain’s vast natural gas and oil fields – by far the biggest resource within the EU – will fall to Brussels if the new treaty, which has already been ratified by Britain, is adopted throughout Europe.

    Under Labour, and under the auspices of the Lisbon Treaty, this will assuredly happen.  We hand over our energy to keep Europe warm, even as we freeze. The sooner we get OUT of the EU tyranny the better.