Power And Dollar

Ireland: Florida 2000 to EU

The Irish vote against the Lisbon treaty becomes the Florida 2000 to EU.  3 million Irish blocked 490 million of Europeans.  Is this comparison fair?  What did they prevent?  What does it matter?  Who gets the most out of it?  What can we learn from it?

 

Ireland closed its referendum polls for the EU treaty called Lisbon Treaty.  CNN reports it is the only country that has a referendum because the treaty affects the Irish constitution while all the other countries make their parliaments ratify the treaty.  This is a close vote because the Lisbon Treaty means a lot.  Well, it meant so much that France and Netherland rejected the almost the same text back in 2005.   

Most quoted difference this treaty produce is all countries will cede their veto rights.  New rules will become effective when the committees pass the rules.  

 

This gives less accountability to the new EU body.  Voters of all countries will not vote on anything that EU does or the officers in the body.  In the post SOX era, governance or accountability becomes more and more important.  However the governance structure (accountability) in the new Europe is slipping away.  Power without accountability is a bad omen.  In America, governance requirement has evolved from publicly traded companies to charities now.  Europe is stepping back in this regard. 

 

All EU countries will cede some powers to EU and create a president and an EU foreign minister to be called “High Representative for the Common Foreign and Security Policy”.  

 

EU has been having a chair for European Commission.  However, that position is half a year long currently and without a budget.  The newly created position of president will have tenure of 2.5 years, renewable once and with a budget.  High Representative will also have a budget.  Once these two offices get their own budget, they will get their own legs to all sorts of places that voters cannot possibly dream of.  

 

Multi-National Corporations (MNC) will get the most of it.  MNC have access to Brussels.  EU has no accountability.  The already hierarchical society/economy in Europe will be even more restrictive.  Regulations will be more difficult.  Market entry barrier will be higher to starve off competitions from young companies.  A market environment like this will lead more mega mergers once these institutions matured.   

 

The Secretary of State of America will immediately see a big difference.  No longer will America be the representative of the West, of the democratic world.  There will be a strong voice about what “democracy” means.  And Europe may put an emphasis that America did not think of: peace.  Europe will give diversity to the interpretation and approach to the promotion of democracy.  However, Europe may not want to compete in that keyword.  Europe may find its own voice with the concept of peace.  With that, Europe may find itself more popular in the international arena than America.  

 

The lack of referendum in so many countries shows politicians want to keep the voters out of the decision process because politicians want to be brokers.  Letting voters have a direct say is making the outcome unpredictable (let’s assume this is not about their jobs and grease).  However, who else is a better jury for an important decision?  Should we not have a jury? 

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June 13, 2008 - Posted by | activism, advocacy, Current Events, opinion, politics, Thoughts, wordpress-political-blogs

2 Comments »

  1. I think you mean fuss. The fuss as I see it is that the EU has finally reached the point that it isn’t an honest gathering of sovereign nations standing together but the creation of a new state entirely thus crushing sovereignty and liberty.It sure isn’t the Common Market anymore.
    Even though I’m a Yank I applaud the voters of Ireland and better yet I applaud the Irish politicians who allow the people to experience democracy.

    Comment by Alfie | June 13, 2008 | Reply

  2. thank you. sorry. should have spell checked.

    Comment by royho | June 13, 2008 | Reply


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