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Irish currency would help address economic woes

Where is our European Economic Community (of equal states) which we joined in 1973 by referendum?

We now have the European Commission, European Parliament, European Union with 27 states and the eurozone currency (under duress) with 17 states, and we are all equal — or are we?

Clarity should be brought to where we stand in all these institutions regardless of the vote and our decision on the Fiscal Stability Treaty.

In deciding to vote do we to put the final nail on the lid of the euro box on May 31 for Ireland? Should we decide which is best for Ireland with the following proposals:

1 An Irish currency that would bring the cost of our export goods down on our export markets earning dollars, sterling, euro, yen, etc.

2. We would become immediately competitive in the sterling zone

3. Our local indigenous exports, fishing, farming, food, manufacturing, energy would grow and be very competitive.

4 International tourism would get a Riverdance effect as people would come from all the strong currency areas to check out the value.

5 We would help stop our educated young people being exported to earn foreign currency in foreign lands and earn foreign currency in our own country.

6. We can consolidate our competitive 12.5% corporation tax and stop it being a political football, along with our own currency. Consolidate and reduce loans with the European Central Bank and IMF and sell Irish currency bonds to our Irish and international connections.

Voting no should give us the leverage to have our own currency in our new European Economic Community.

John Healy

Anfield

Liverpool


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