Love calls for honest referendum campaign

Former Independent Sligo/North Leitrim General Election Candidate Alwyn Love has called on all parties and campaigners to conduct the referendum campaign in an honest manner, based on facts.

Former Independent Sligo/North Leitrim General Election Candidate Alwyn Love has called on all parties and campaigners to conduct the referendum campaign in an honest manner, based on facts.

Love, from Coolaney in County Sligo, said that An Taoiseach Enda Kenny’s suggestion recently that a yes vote would create jobs is an example of scare tactics based on no facts and asked; “Is this how Fine Gael are going to conduct their campaign? The people need to know all the facts, all the options and the consequences of those options.” He said that as he sees it, the Irish people have three options. He said: “We can continue in Europe as is, continue in Europe and adopt new Fiscal Treaty or default and leave the Euro. No one has put all the facts together on the consequences of adopting any of the above. This is where the campaign needs to start.”

He continued: “Let’s look at what we do know. The new treaty puts in place rules to ensure member countries reduce their debt and adopt balanced budgets, will result in more harmonised taxes etc and also allows countries who accept the treaty to avail of another bailout in the future. This is the bare bones, no mention of jobs or debt forgiveness. We also know in January, Ireland paid €790 million in interest on our present loans. That equates to approximately €8 billion yearly and we are now borrowing money to help pay this interest. This fund runs out in 2014 and we will not have a balanced budget, so we will have to borrow from the new fund just to keep going. The result will be increased interest which directly equates to more austerity.”

He concluded by saying: “This treaty will not solve the fundamental problems of Europe but has been put together because European leaders have accepted that certain countries politicians are incapable of doing the right thing.“