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Ah, so relaxing... Declan Ganley at a Libertas press conference Photocall Ireland

Referendum roundup: 9 days to go

Austerity treaty, stability treaty, or somewhere in between? TheJournal.ie keeps you up to date with our evening Fiscal Compact referendum bulletin.

EVERY EVENING,TheJournal.ie brings you the latest news and campaign moves, squabbles and – hopefully – useful tidbits of information as we face into the 31 May Fiscal Compact referendum.

(If you just want to make up your mind by yourself, you can read TheJournal.ie’s layman’s guide to the treaty).

WHAT’S NEW?

  • Enda Kenny will make a televised address to the nation this Sunday night. The broadcast will come the day after Gerry Adams’s speech at the Sinn Féin ard fheis on Saturday evening.
  • TDs and Senators will be having themselves a nice little holiday next week as the Dáil takes a five-day recess ahead of the referendum vote. Those of them that aren’t frantically campaigning one way or the other, of course.
  • Fine Gael junior minister Lucinda Creighton has said that Ireland may not be able to tap the international financial markets for funding next year, in which case we would need to access the EU’s new bailout fund, RTÉ reports.
  • In case you missed it: UCC expert Jane Suiter gave us the rundown on the winners – and losers – of the referendum campaign so far.
  • Are you confused by all this talk of eurobonds? We were too, until we read this handy run-down of all you need to know.

VILLAGE PEOPLE HOMAGE OF THE DAY

Three TDs and a Senator from the Yes campaign are masters of the dancefloor, as this photo provided by Maman Poulet demonstrates.

CUNNING WASTE OF OPPOSITION’S PHOTOCOPYING BUDGET OF THE DAY

Enda Kenny takes a leaflet from ‘No’ activist Colm Roddy on his way into Government buildings this morning. (Photo: Photocall Ireland)

CELEBRITY EAU DE TOILETTE WATCH OF THE DAY

YouTube/whitebrowser

Damien Dempsey explains why he’s voting No. But the real question is: what brand of aftershave is that above his right shoulder?

SO MUCH FOR DEMOCRACY OF THE DAY

UNFORTUNATE CAMERA ANGLE OF THE DAY

The full sign reads "Bad Bank Debt - Demand A Better Deal" (Photo: Photocall Ireland)

Read in full: The Fiscal Compact Treaty in laymans’ terms (PDF)>

Read more: TheJournal.ie’s coverage of the Fiscal Compact referendum>

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29 Comments
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    Mute Shayno ZO
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    May 22nd 2012, 9:05 PM

    All those so clever business people voting yes to the treaty, voting to tighten fiscal unity and they are on the ladder to ruin, the ecj can take the nesecary measures to correct our deficit if we’re not on target and the treaty also is making them above all legal reproach, something nobody has talked about? why? answerable to nobody. Good bye Corporation tax rate!!! I think the yes side are going to feel very duped within the year. Clowns.

    49
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    Mute James Darmody
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    May 22nd 2012, 9:10 PM

    Our taxation policy with respect to corporations is not affected in any way by the treaty.

    19
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    Mute Too Trueleft
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    May 22nd 2012, 9:17 PM

    James, not at the moment. But the treaty is going to be changed, otherwise france will not ratify it, and the new french president is calling for tax harmonisation.

    28
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    Mute Joe Mc Dermott
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    May 22nd 2012, 9:54 PM

    at James, the tax rate would be up for grabs to be honest,, as Article 9 states, “All member states must work jointly towords Economic policy thats fair on all member states”, and we know they love our corporation tax,

    28
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    Mute Jerry
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    May 22nd 2012, 10:21 PM

    And are you a clever man maybe we should get you to run the country and the European union seeing you know so much NOT

    3
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    Mute James Darmody
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    May 22nd 2012, 10:26 PM

    Joe, any country can reduce their corporation tax rates if they so wish.

    17
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    Mute Shayno ZO
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    May 22nd 2012, 11:40 PM

    @ James hahahahaha ha ha

    4
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    Mute John Boye
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    May 23rd 2012, 12:10 AM

    Im with David on this one.. Im cool 2 and voting No..:)

    12
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    Mute Réada Cronin
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    May 23rd 2012, 2:42 AM

    Well I’m super cool so I’m voting no twice. ;)

    8
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    Mute Eric De Red
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    May 22nd 2012, 9:12 PM

    STOP THE BORROWING NOW!

    Yes or No we are continuing to borrow simply to fund bloated politician and public sector salaries. Our esteemed Central Bank Governor, who negotiated our current indebtedness can afford a €63,000 pay cut! He still earns a whopping €213,000.

    36
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    Mute James Darmody
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    May 22nd 2012, 9:20 PM

    Eric, the man is clever and has a hard job. He ain’t packing shelves in Aldi.

    19
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    Mute Jerry
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    May 22nd 2012, 10:22 PM

    He deserves it

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    Mute Sean O'Keeffe
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    May 22nd 2012, 11:50 PM

    “This makes the begging bowl the central expression of government policy. It will dictate our future lives through our part in the colossal funding of more resources for the bankrupt EU and for the banking system it is propping up because it knows no other way.
    These Government commitments put us permanently in the hands of an organisation that will take over the amending of present and future EU laws and treaties, doing so under no democratic control at all. How, then, can we trust it?
    The energies that once comprised Ireland’s sovereignty will be engaged in paying colossal financial dues to the stability mechanism. If we vote Yes to the fiscal compact treaty, we open ourselves to this surrender of sovereignty. The begging bowl becomes our way forward.”
    Bruce Arnold

    12
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    Mute Sean O'Keeffe
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    May 22nd 2012, 11:53 PM

    Honohan would be of more benefit to this country if he was stacking shelves in Aldi’s.
    Who negotiated Irelands bailout with the Troika?

    14
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    Mute Réada Cronin
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    May 23rd 2012, 2:49 AM

    Well said Sean and it seems we’re in agreement for once Red. I’ll keep my post in English so you’ll understand it. Formalities over. Honohan does not need to be earning that sum of money. Everybody on the NO side know there are tough times ahead but we should be doing it together. No one needs to be earning that much. Not when we’re in a crises. Greedy bankers.

    8
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    Mute Nuala Moran
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    May 22nd 2012, 10:36 PM

    james obviously a fine gaeler. you cant say for certainty that our corporation tax wont be up for grabs if eu come in and take over budget control.vote no!!!!!!

    31
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    Mute James Darmody
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    May 22nd 2012, 10:43 PM

    If they ever have to come in again then they can do as they like in my opinion. We gotta get our house in order and stick to the rules. By the way, no party persuasion here but if I had to chose one it would be Labour.

    2
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    Mute Nuala Moran
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    May 22nd 2012, 10:46 PM

    france and germany have wanted to change it for years. our corporation tax is what got the big companies to invest in ireland. germany want corporation tax to be similar in eu countries

    19
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    Mute Adam Magari
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    May 22nd 2012, 9:27 PM

    Where is Phil Hogan?

    30
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    Mute James Darmody
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    May 22nd 2012, 9:30 PM

    Counting his household charges and tracking down the spongers.

    25
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    Mute Sean O'Keeffe
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    May 22nd 2012, 11:54 PM

    Definitely not paying the household tax on his Portugese villa!

    20
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    Mute Réada Cronin
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    May 23rd 2012, 2:51 AM

    Hogan is still locked in the post room with the black sacks. He hasn’t found any money yet. Just a whole load of letters telling him where to stick his Household Tax.

    10
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    Mute Alex Gogan
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    May 22nd 2012, 11:36 PM

    I find it impossible to vote yes for the referendum and I want to vote for the spirit of the Idea. But when this treaty is going to be changed anyway by the promoters I find it impossible. Our leaders are not only lying to us they are also selling us out 100% as part of the referendum allows them to automatically ratify further changes with calling for another.

    Now our president is supposed to protect us as well but that looks like it’s not going to happen, suppose he is to busy reading poetry.

    So I am voting NO to a treaty that will not exist in a few weeks and anybody with a bit of sense should do the same.

    20
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    Mute Shayno ZO
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    May 22nd 2012, 11:55 PM

    I honestly think what the No side are up against here is people blindly voting for what their party say to vote for, this is too important not to invest a lot of time looking into. If they did they would probably vote it down on a number of said reasons. People need to change, There’s too much at stake, Maybe we need to get shafted again for people to realize, but by then it will be to late.

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    Mute Alex Gogan
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    May 23rd 2012, 12:03 AM

    I agree you should follow your informed conviction rather than being cattle or in this case lemmings to the pide piper

    12
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    Mute David Higgins
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    May 23rd 2012, 12:29 AM

    Damien Dempsey seems to think we’re voting on the bailout here. We’re not.

    Such an awful video.

    Try this one instead :) http://www.youtube.com/watch?v=kLWNRHo8reY

    Awaits the usual thumbs down…….

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    Mute 1 Human Being
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    May 23rd 2012, 1:01 AM

    If enda Kenny jumped off a bridge would you have jumped off before or after him?

    9
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    Mute Shayno ZO
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    May 23rd 2012, 1:49 AM

    The horse has bolted, with regards to treaty. With regards to the present, You need to fix the problem before you then go ahead and put measures in place so the same accident does not happen again. Putting the measures in place in the middle of fixing the problem is prohibitive.. When we get back to black then it is the right time for protecting future failings. This is simply a demand Germany is making to ensure a return on money is guaranteed despite knowing it is exasperating the problems.

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    Mute Réada Cronin
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    May 23rd 2012, 2:57 AM

    I’m quite certain that you found Damien Dempsey’s video difficult to watch David. Dempsey sounded like he cared about about the ordinary members of our society. A concept alien to a YFGer.

    8
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