Taking control of our desttiny
Are our politicians strong negotiators, good decision makers, or powerless? EU administration costs, including the cost of running and leasing EU buildings, will be €62.6 billion in 2011, including €10bn for pensions to retired officials. The European Central Bank ‘has’ the following reserves: €526 bn in total: €43bn directly; €338bn (Eurosystem incl gold) €145bn (foreign exchange reserves).
There will not be enough to bail out one country, not to mind all that are in crisis. There has been enormous growth in the world economy over the last 100 years due to cheap oil. Cheap money fuelled the Irish property boom. Like all pyramid schemes all is well on the way up. Do Irish and EU politicians realise that everything is changing? The cheap oil is running out. Consolidation and self-sufficiency is the new goal.
President Grimmson of Iceland faced similar problems to Ireland and recently said … “I chose the democratic will of the people over the force of the market.” Iceland, Grimsson says, is now powered entirely by clean energy. Companies from around the world are seeking to build data centres in Iceland, because they’ll be powered by clean energy. The chief of the European Central Bank says that we are in a dire financial crisis not seen since the 1930s. Decision making within the EU takes years. Can we decide anything for ourselves? Has the EU bureaucracy become too top-heavy, expensive, and dysfunctional? If the whole EU collapsed tomorrow morning would it matter? Should we be reprinting the Punt, as it is still a legal currency? What other preparatory actions should we now be taking? Imagine a Government that could again make decisions! A nation that could become self-sufficient in a most environmentally responsible way. We know the EU is in crisis. We know there are technologies to sustain our country. Let’s take back control of our own destiny.
Walter Ryan-Purcell
Goleen
Co Cork
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