Results 1 to 4 of 4
  1. #1
    5 4 Knoll
    david44's Avatar
    Join Date
    Aug 2011
    Last Online
    @
    Location
    At Large
    Posts
    21,016

    Eurofascism the gnome of Maritenda

    Eurozone crosses Rubicon as Portugal’s anti-euro Left banned from power

    Telegraph

    Portugal has entered dangerous political waters. For the first time since the creation of Europe’s monetary union, a member state has taken the explicit step of forbidding eurosceptic parties from taking office on the grounds of national interest.Anibal Cavaco Silva, Portugal’s constitutional president, has refused to appoint a Left-wing coalition government even though it secured an absolute majority in the Portuguese parliament and won a mandate to smash the austerity regime bequeathed by the EU-IMF Troika.

    He deemed it too risky to let the Left Bloc or the Communists come close to power, insisting that conservatives should soldier on as a minority in order to satisfy Brussels and appease foreign financial markets.

    Democracy must take second place to the higher imperative of euro rules and membership.

    “In 40 years of democracy, no government in Portugal has ever depended on the support of anti-European forces, that is to say forces that campaigned to abrogate the Lisbon Treaty, the Fiscal Compact, the Growth and Stability Pact, as well as to dismantle monetary union and take Portugal out of the euro, in addition to wanting the dissolution of NATO,” said Mr Cavaco Silva.

    “This is the worst moment for a radical change to the foundations of our democracy. After we carried out an onerous programme of financial assistance, entailing heavy sacrifices, it is my duty, within my constitutional powers, to do everything possible to prevent false signals being sent to financial institutions, investors and markets,” he said.

    Mr Cavaco Silva argued that the great majority of the Portuguese people did not vote for parties that want a return to the escudo or that advocate a traumatic showdown with Brussels.

    This is true, but he skipped over the other core message from the elections held three weeks ago: that they also voted for an end to wage cuts and Troika austerity. The combined parties of the Left won 50.7pc of the vote. Led by the Socialists, they control the Assembleia.

    The conservative premier, Pedro Passos Coelho, came first and therefore gets first shot at forming a government, but his Right-wing coalition as a whole secured just 38.5pc of the vote. It lost 28 seats.

    The Socialist leader, Antonio Costa, has reacted with fury, damning the president’s action as a “grave mistake” that threatens to engulf the country in a political firestorm.

    Mr Costa vowed to press ahead with his plans to form a triple-Left coalition, and warned that the Right-wing rump government will face an immediate vote of no confidence.
    ----
    Pity we don't have Luso expert Dr Andy onboard, while I lived down the rd from the Da Silvas in Paderne that was 20 years ago and Portugeuse enthusiam for the Euro disaster wanes.

    A key asset here is the Chinese and Russians would love the Acores Islands as a base to threaten USA, which won't be allowed in my lifetime without bloodshed
    Last edited by david44; 25-10-2015 at 07:08 AM.
    Quote Originally Posted by Latindancer View Post
    I just want the chance to use a bigger porridge bowl.

  2. #2
    Member

    Join Date
    Feb 2015
    Last Online
    @
    Posts
    138
    The Euro continues it's proud tradition of bringing peace and prosperity to the 1% and
    indebtedness and unemployment to the 99%.
    Will the corrupt Euro-zone leaders ever accept that an end of the Euro with horror is better than the Euro horror without end?
    The Euro is so perverse that it brings the right-wing Telegraph to support the creation of a left-wing government!, if I read the article correctly.

  3. #3
    5 4 Knoll
    david44's Avatar
    Join Date
    Aug 2011
    Last Online
    @
    Location
    At Large
    Posts
    21,016

  4. #4
    Thailand Expat
    Join Date
    Jun 2014
    Last Online
    @
    Posts
    18,022
    Reasoned distractors, critics, praisers, and apologists alike most certainly should be in agreement as to the universal disaster that is the European Union - across the continent and farther reaching throughout the world.

    In hindsight, there is nothing undeveloped regarding the indigenous nation-state and the political/economic relationship [good, bad, indifferent] that exist or doesn't.

    A forced unified political/economic collective is not the answer for what ails an already fanciful filled world.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •