With 'The French' being the most hostile to any reduction in the Irish bailout interest rate and continuing to press for a 'quid pro quo' of a Corporate Tax increase, it is now surely the time for the 'war' to be brought into the open.
Irish politicians have behaved as subservient to a great extent, waving their 'Munich Agreement' on each return from meetings and hailing their success "we have succeeded in maintaining the corporate tax rate".
The time has surely come when we need to look at the 'pro-active' options open to Ireland:
1. A reduction in the corporate tax rate to 10%
2. Withdraw support for Christine Lagarde as a candidate for the IMF role.
3. Actively canvass support from other EU nations to offset a French 'backlash'.
Good relations with all of our EU partners is important and especially the larger nations, however when one of them is behaving like a sub-prime lender and putting unreasonable demands on the borrower, we must bight back while we still can.
Picasso
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