Statement By Irish Green Party Leader John Gormley: "The People Feel Misled And Betrayed", Calls For Irish Elections

Tyler Durden's picture

From Irish Green Party leader John Gormley (highlights ours)

The past week has been a traumatic one for the Irish electorate. People feel misled and betrayed.

The Green Party believes three things must be done in the coming two
months to safeguard the future prosperity and independence of the Irish

These are:

  • Producing a credible four-year plan to show we can make our Budgets balance by 2014.
  • Delivering a Budget for 2011.
  • Securing funding support from the EU and IMF which will respect vital Irish interests and restore stability to the Euro area.
  • We
    have always said that our involvement in government would only continue
    as long as it was for the benefit of the Irish people. Leaving the
    country without a government while these matters are unresolved would be
    very damaging and would breach our duty of care.

But we have now reached a point where the Irish people need political
certainty to take them beyond the coming two months. So, we believe it
is time to fix a date for a general election in the second half of
January 2011.

We made our decision last Saturday after a long series of meetings.

Since entering government in June 2007, we in the Green Party have
worked to fix and reform the economy. It has been difficult. We have
taken tough decisions and put the national interest first.

We cannot go back and reverse the property bubble and the reckless
banking which we consistently spoke opposed. Nor can we control the
market turmoil which has afflicted the Euro area.

We have taken extensive measures to recognise the losses and stabilise
our banking system. However, it is now clear we need further measures to
give market confidence about our banks and public finances.

We are now discussing ways of restoring stability to the banking system
with the support of our European colleagues and the IMF. We have to
ensure that the terms of any such support are in the interests of the
Irish people and the wider Euro area. The timeframe for achieving a
four-year plan, Budget 2011 and a good outcome from IMF/EU talks is very
short. These matters must at this stage take priority ahead of
everything else.

Despite our difficulties and disappointments, I believe we can get out
of this situation. We must all work together to ensure the best outcome
for everyone.

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Sudden Debt's picture

The house has be burned to the ground.

The damage has been done.

The bankers got their money.



What will elections change about the damages done?

SheepDog-One's picture

'Elections'...try to corral the people back into the failed corrupt political system, just like here. Rotate in a new crop of sellout scoundrels.

doomandbloom's picture

UK will contribute £7 billion as part of the bailout fund...which will be duly returned to the British Banks...

pleasure doing business with you all..

cossack55's picture

Can they do our 2011 budget at the same time since our scumbags are not interested.

Also, looks like a solid move for the swine we just de-elected to move to Ireland and run for their offices and kill the nation completely. 

MarketTruth's picture

Nothing will work when a country privatizes the bank profits yet socializes the bank losses.

Careless Whisper's picture

Forget Ireland.We got bigger problems. China Central Bank member says they may sell Treasuries because of QE2.


Widowmaker's picture

Typical meaningless gook-speak.  The taxpayer is just getting warmed up rewarding failure and fraud around the world. China won't pull the plug on that gravy train as it affirms the entire socialist existence where dictators and the state/corporations win off the backs of the prudent and risk-averse.  There also isn't enough fear.

YHWH's picture

How do they propose to keep the peg by selling Treasuries?  I think it's an empty threat.  They'll enlist those mysterious "carribean banking centers" to continue making purchases on their behalf.

If they're serious, then they'll do what Bernanke and Obama wanted all along - end the peg.

I don't see them carrying through on this "threat".

Careless Whisper's picture

I don't see them carrying through on this "threat".

oh okay. they're bluffing.

SheepDog-One's picture

Yep, got to be just a bunch of bluffs....Chinese ICBM another bluff as well. All just bluffs.

YHWH's picture

I actually hope they do... then that means the federal government is going to have a seriously hard time trying to finance that budget deficit of theirs.  And that means we'll finally tackle the biggest source of our deficit... Medicare and Social Security. 

I pray to myself that it happens.

Oh regional Indian's picture

People feel misled and betrayed. Uh oh...does that mean some more French style needless violence?

It's what they want. Give it to them peacefully Ireland, Cantona style.

Git yer money out, now!


szjon's picture

It will be done, we don't keep much there but what we have is coming out on the 7th. Don't think it will make much difference.There is a union protest on Saturday, we are driving 200miles to go, don't agree with them on all their ideas, in fact I would be opposed to some but if there be rocks to throw.......


It has to start somewhere.



Racer's picture

Hmm, Ireland wasn't in talks, didn't need a bailout a week ago and now the house is collapsing?

And denials from Portugal and others must mean they are in a complete and utter mess as well.

The people have been lied to day in, day out and they are fed up taking it

John Law Lives's picture

I be giving you no blarney.  They be kickin' the can down the road in Eire!

frenchie's picture

get out of the USSRE ...

YHWH's picture

The Irish willingly, and fully partook of the FIRE/PONZI economy.  They've reaped the benefits, and played the game well.  Now it's time to pay the piper. 

I feel no sympathy for the Irish.  If I recall, Ireland was one of those western nations who gladly stood by when the IMF game was played on Asian, African, and Latin American nations.

Now the vampire IMF, not finding many more victims in the third world, starts to cannibalize it's own kind.

No sympathy at all.  Only chuckles.

THE DORK OF CORK's picture

Jean Claude Trichet for Taoiseach.

We need a bit of European old money on this Island again.

We can give him the freedom of the city if he wants it.

And perhaps Farmleigh House as a suitable residence for such a exalted leader.

Oh regional Indian's picture

Hey, by the way, if any national leader of an "about to go up in flames" nations has a third assistant reading this blog, tell him/her that I can help.

Seriously. 9 months to re-birth, free from the shackles of outside money and a military no one would even dare shake a stick at.

Island nations with some good highlands encouraged to apply.

Naysayer junks encouraged, it will help draw attention. Thanks for your junks in advance. I promise I won't touch them.


Widowmaker's picture

Misleading betrayal bonuses are up..

Bob's picture

The people feel misled and betrayed. 

Just frame the issue as an emotional one and then strike the right pose of sensitivity and understanding . . . surely "make-up" sex will follow, right?

Despicable political bankster tools.   


trav7777's picture


That will make ALL the difference.

SheepDog-One's picture

YEP lets rotate in a new crop of corrupt scalliwag politicians...that oughta fix it!

CrashisOptimistic's picture

The election call is not the issue here.  The issue is Cowan has a coalition.  Are the Green seats required for his coalition to retain majority?  If they withdraw, does the government fall?

bigking12345's picture

and Anthony Bourdain just did a show from there on how great the food was and how great the economy was, now it's back to shiit.

docj's picture

Securing funding support from the EU and IMF...

So, are the Greenies in Ireland in on the ponzi as well?  Hard to believe, really.

Double down's picture

That third point.... makes them different how?

Find me a Green who is not a socialist in method?  Honestly there might be, I just do not know any?