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tv   [untitled]    December 15, 2013 1:30pm-2:01pm EST

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it is a number of assumptions in your question that i would challenge i think are wrong the first assumption is that there is a majority of people skeptic skeptical in number and as it is certainly increased from the last say it has increased thousand priests but that's very different from saying are inferring that the majority of people are against our scandalous ever edgerton i think there is an emphasis and it's growing you're able to is an inference in your introduction as well and in your question the. a majority of people are against the level of integration that we have or where we stand in our relationship with europe at the moment. that's not to say that the russian now oh for why people are accepting that integration is the same it has changed over time we joined the european union as a country whose level of income was below the european average despite everything that's happened we're now at least in line with our average and ahead of us in some cases in terms of your specific question regarding banking desmet that's
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a very very controversial question in our politics let alone european politics. but i think there's a number of facts that we have to lay alongside us the first one is the. irish decision to put in place a banking guarantee that happened at a time of a global orthodoxy regarding how failing banks needed to be supported. so to see incurring bank purely as a result of our relationship our membership of the european union is an analysis that i would i would challenge absolutely and the you mentioned these prevailing arthur the exit and i think one country that was sort of subjected to the same sort of pressure was iceland which was at that time also on track of joining the e.u. it had massive crisis similar crisis to yours that the iceland.
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officials decided to defy that pressure and obviously they were also you know sometimes threatened some times told that nobody would ever deal with iceland again that he had they decided to decline bailing out banks and nowadays if you look around their economies back on track it's growing they're getting those loans easily that unemployment is falling i mean i think it's ultimately a different country to emerge from from this crisis do you think the. irish people have the right to feel cheated because better than they were they were told that there was no other way out of this crisis but obviously there was a way a shorter way and probably last demanding way to completely different economies. is not a member of a single currency zone we are so because of all of the us we benefit greatly from. within the european union from behind not it's completely different i mean if you look at the icelandic economy and if you look at the irish economy we have
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a very very large stock of foreign direct investment. irish investment across a huge spread of industries. we can deliver here in our land because we are members of the single currency zone so you would lose all of that if you decided no too long i didn't say that's what i did start our membership of the single currency zone has given us certainty of exchange rates data has allowed us to develop an export performance that is how to sustain and develop our economy that's a fundamental difference for us is if you i mean you me in many countries in europe those same advantages without first being members of the like the european union role for example norway or iceland for example iceland doesn't have that's wrong or iceland does not have the level of sustained. for performance we do but if you look
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at the difficulty of the icelandic banking system has went true if you look at the fact that they are a currency that allowed them to revalue as they saw fit. their fundamental differences between a our country and their suv i don't claim that they are the same can i take it from your answer though that if your government was in place back down that he would have made the same decision knowing that he would have transect until you can. get to a situation where a country is unable to fund its public services. and a country is unable to fund its banking system it doesn't have any good choices left. to attribute to us a some may do to our membership of the european union is something that i would fundamentally reject. while on the contrary it can have different relationships with the euro were the european union as you correctly
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say. the force is. to get to where we are much of both parties to forces are behind the union now in terms of your particular question regarding what our government would do would of dog i mean it's impossible as you know to look back and say walk would you have done differently with the benefit of hindsight one of the why this decision though now and even despite despite the fact that it was taken by a different government when did i defend this decision no you just said that you had no or better choices and i put it out to you that you actually had. a similar to the one that iceland and i had a chance to interview the president of iceland just last month and he was indeed speaking about this prevailing european orthodoxy almost intimidation by the european officials that you absolutely have to accept all that private debt and put it on to your people and they defied that that choice. unfortunately you
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went along that proposal and acting it's going to take your country when you see it's to recover from that and you've got to inferences and all dot dot are fundamentally wrong the first inference that you've got is. pressure that you're talking about that orthodoxy with european in origin what you're doing with your associates in a global economic orthodoxy at the time you know you know we are it's all cæsar no no what is a few slides here is this it's own thing about how the european origin if you look at what was happening in america at the time and if you look at the aftermath of what happened with the lehman brothers you had central banks all over the world that made the decision to say they wouldn't not less a bank fail to say that is a european decision is simply wrong if you look at the challenges that we had across the time period where we how they put you treat deficit that nope that we could not found ourselves what i simply said is tough when it contributes to the
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point it doesn't have good choices open source and if you look at the decisions downloader countries have made i mean you can as i said from the start you simply cannot compare iceland and ireland but of course the real thing would be in a few years time for both economy stand and i hope what you will see happen is that the forces of growth that are beginning to develop in qana me that they are going to accelerate in the coming years and i believe that our membership and participation in the european union has been a very strong force to happen now in order to achieve that growth that you were alluding to some economists say that our needs to go at least by three to four percent. get out of this debt crisis. you'll need. bright well educated workforce but on the other hand you know our land is probably . the country that faces the highest ration in here i read somewhere that every
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six minutes one irish person leaves his country and there's been a number of status recently that show that it's not just the number the sheer number of people living but the quality of the human capital to put it crudely because people who are living tend to have higher education they're more likely to have college degrees can you really achieve that growth when so many of your best and brightest that live in the country yes the reason for that is that we have been true just before unfortunately. we went through an experience like this in the one nine hundred eighty eighth and the one nine hundred seventy s. i left ireland myself six years to go and work abroad. precisely because i wanted to go off to opportunities that were not available in the dock point what then happened as we have done before in our history if we created an economy and society that encouraged people to come back again of course you correctly acknowledge the
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fact that we have hard high immigration rates true our entire history but also during this part of the crisis due to part of dot of course the start we have one of the highest birth rates within europe and you will probably know one of the long term drivers of economic success is the ability of a country to be above its for placement ratio notice where this is what he says it is you hear people get if you want to grow now i mean you would have to wait twenty years to you know allow that new generation to grow up i mean literally growth nontraditional generation has grown up i mean if you look at their living there they're dealing with where i'm sorry not all of them ali if you that's wrong. you only are a thousand people left since two thousand and eight that's the highest level since i believe the. previous crisis of course but alongside the us. economy.
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now how it's one of the highest levels of private sector job creation of any country within europe and we also have a large number of our people abroad that are interested to coming back home to our island to see how they can accelerate that level of job creation and that level of company and technological creation but why does unemployment down. fall saw slowly i mean as far as i understand it only went down by less than one percent if you say that there is such a fast speed of creating jobs in the private sector and indeed but i think that's an amazingly. one side to interpretation to take of what's happened in ireland across the not last two years because of course you're right to say the level of unemployment has come slowly many economists are now saying done in our in and what we have achieved over the last year is doubt we have achieved growth this job
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creation as opposed to the other way around which is what normally happens. and we're now seeing our economy generate jobs at around three thousand new jobs per month after going to many years of losing them by eight thousand jobs per month mr donohue we have to take a short break now but when we come back ireland has unique experience on many of the issues traveling the world today but why is it often reluctant to stake a stand well that they'll be in just a few moments. i
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was thinking somehow i had to come back because mom was waiting for me. i just knew that everything would be fine for some reason we were so confident because we were going to get married officially after he came back how could he not come back the
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mere thought of it never crossed her mind. when the militants decided to try and break through the. screaming grenade. explosions blow them all run his back. and it was all over all. we know that our call on our commander leave us no matter how tough it gets we're team. there was a senior in his military trio. if you didn't smother that grenade with his body just comrades would die he gave his own life to save his friends.
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welcome back to worlds apart where we are discussing our lands many gains and failures for the country's minister for european affairs. mr donohue we were talking about that immigration in our land. as you said it's a very pressing issue but europe as a whole has to deal with broader much larger issue of incoming immigration and i'm talking about refugees from africa. the middle east some of that's related to the conflict in syria and libya and i think ireland has a very unique position here because on the one hand for decades you've been ever seen in country and now you are once again a country of immigrants how do you think this issue should be dealt with in the
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broader european context it's a hugely difficult and sensitive issue the three elements to how we believe the should be handled better in the future the first one is that we have to do all we can to make sure that people are not in a position to have to leave their country and region because of the terrible violence and state break that's occurring there and europe plus a role to play there secondly we need to ensure that if they are travelling across the seeds as many of them has been done more be drawn to ensure that if people get into terrible differ. that they can be dealt with safely and the third element of that i do if they do go to europe and if they are legally allowed to stay and encouraged to stay we have to find a way of ensuring that this is dealt with ferdi across all of europe now in the beginning of your answer you said that people shouldn't be forced to leave their countries because of all the conflicts and i think some would argue that. the
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european union itself may have helped or aided through its policies some of these conflicts. how would they argue the wall let me explain that for example the conflict in libya or the conflict in syria where some of the european countries sided with the. opposition against the sovereign government but my question is a bit different i know that your country in particular has a a unique experience first with the. sectarian strife and then with conflict resolution you are more knowledgeable on that issue of than any other kind of country in europe but for some reason when it came to both libya and syria are led to a back seat to your. essentially gave the initiative to france and the united kingdom why is arlen so passive on those issues of war and peace especially given
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your unique experience. your question based on two premises start are wrong again the first of promise is that the european union was involved in the policy decisions that led to some of the countries further but this is different there's a difference between european countries and the european union did european countries have decided not to give compton seats to european union regarding where they put their on use the census debate on these very. long you you see. can't blame the european union for using power for not using power if that it doesn't have i mean you're correct to say that member members of the european union talk different stances in relation to the reach of the asking and i realize has never voiced either luciferian or at least will guarantee its expertise in materials that are you know that's wrong though ireland is
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a neutral country precisely because of our history we've decided. we believe it's the right thing for our country to adopt neutral stance in conflicts that take place throughout the world but the neutral stance is not the same thing as a passive starts so if you look for example what we have to on in relation to the middle east in relation to syria. i point to three things that aren't stone true it's from policy the first one is that we have to ploy our armed forces in a neutral capacity in the golan heights to try and look after and protect people who would otherwise be vulnerable to the conflict that you've destroyed. the second one thing that we have done is that we have made contributions to the organizations that are involved in the hopeful decommissioning of chemical weapons
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within syria in what way and financial contributions to us and then the third thing is precisely because of the historical heritage that you are quickly identified regarding what we hop into as what happened in the north of ireland and what's happened within our own country we believe the best response to the kind of difficulty you're talking about is a political response i think that the if the history of your country shows that you can only achieve a political solution when you recognize the legitimacy of both sides the problem that the european fans is of course that from the very beginning some of the air of here. european neighbors and your european partners declared one of the sides to that conflict illegitimate and some would argue that the main reason why we haven't been able to achieve a political solution at this point but again be clear to this is the stance of european member states individually making their mind up as opposed to a a european
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a collective european union response and this need not be blaming the european union for the exercise of power it does not one of your favorite phrases is the voluntary sharing of sovereignty your on for size common european values our full sized common european approaches so it seems to me that whenever it is convenient for your class you would stress the commonality but whenever it is it may not fit your narrative few strands the individual is a man of the rights of man and the reason of course is the first part of the concept which is voluntarily sharing this what you decide on the different elements of your national sovereignty what you will do with who we're contrie it's when you believe it's in the south it's in the interest of your own country when it comes to where your armed forces go and when it comes to the exercise of your foreign policy in a very sensitive matter of what island's house decided as i think is the case for most
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of the member states that we believe that's an area of national competence and it's precisely because of the heritage of history and history that we have of dialogue and political settlement that we have said we believe the right option to be taken within the regions that you're discussing just recently irish prime minister said that to make our land the first country to add the european bailout program as far as i understand one of the crucial elements of this successful absent strategy is breaking obese link between public and private debt and. i know that the european security mechanism was created at least partially for that very purpose to deal with the banks and to you know allow taxpayers to be a concern to the public debt now we're heard recently both from the. officials
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from the some officials that they don't want to deal with the banks that if the. task that is going to take place over the next year reveals that the capital is ation of the irish banks is good enough you know it should be left to the irish taxpayers to deal with that again even though they've been promised time and time again that they should be carrying the burden any longer. don't you think that these two concepts at all it's a video concept of volunteering sharing of sovereignty because first it's not voluntary irish people no longer want to continue caring for the for the banks and first second of all there is no sharing i mean the when it comes to relying on some european structures to relieve that pain europeans now say that you know ira should deal with those problems simply because those were irish bank pretty good europeans are not in the us really i mean that's a diversity of view in relation to this. those opinions are being voiced context
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voice but that does not mean that it's the europeans are saying that that's the decision of the european union i mean there are two different things if you look there are in relation to her negotiations stand on the banking union to european council so that the european stability mechanism should be able to play a role in the directory compensation of banking systems now all. you have to acknowledge that there is an awful lot of debate taking place for god to. be broken and how to be broken members of political elite hearing. and some members of the public i think they would argue that you didn't have to encourage that in the first place and my question to you is whether you are confident that the irish taxpayers won't be asked to carry it. as a law in the input into a question to me we can acknowledge the value judgment that they made in relation
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to this that history would be able to tell if it's correct because what we can do is correctly acknowledge dot the irish touch pay are paid far too high a cost for supporting the banking system now in relation to your question regarding the future what we hope is that what we want and we will press for is for the e. been an option for our country in dealing with this left this banking death but what i would have to say is we want this to be one of a number of options that we want to open to our government on the tax payers in the future can i just clarify you mentioned b. is sam as a mechanism yes so if for some reason the sound decides not to deal with the irish banks i confident that the irish taxpayers won't be asked again to hear how with recapitalization up their banks we need to bring these conclusions to an end in the first place. but if you look at what is happening there at the moment if you look
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at the arrangements that are already in place for example requiring bondholders to be bailed in to support the cost of a national banking system. i can't i'm certain that in the future the cost to any tax payer is going to be lower than it has been in the past so there's no clear yes and no no because i mean not everybody has a bit of evidence is coming to tell us i think people who says want to know when it's only not i'm sure of the worst with the research. center of course the reason for that is that we're involved in a negotiation at the moment and you of all ask me to comment on something to opposition. for them that the irish people won't be asking a guarantee a step in and pick up the bail while every year for the private bank is what respect i never said that's what i was i'm saying it's not in the context of a fully functioning banking union that we want to see open running next year which will be a european banking union if dodd is in place the cost to national taxpayers regardless
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of whether their irish are not should be far smaller than it has been in the past and dot's why we are pursuing this find can you can but you know what i'm conscious of all of this that at the end of any crisis that ever happens for the be bunking our economic again what always happens as a regulator its central bankers politicians they say this will never ever happen again and it keeps on happening but we have to ensure is that if this to happen again it doesn't how is such a consequence make an awful cost for taxpayers mr donohue thank you very much for you very much and if you like the show please join us again same place same time here on the world the pike.
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it on your cultural comment watch the bank commute all the face time you know. pleasure to have you with us here on t.v. today i'm sure. but you know the price is the only industry specifically mention in the constitution and. that's because a free and open press is critical to our democracy. in
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fact the single biggest threat facing our nation today is the corporate takeover of our government and our crowd. we've been a hydrogen handful. of corporations that will profit by destroying what our founding fathers. and on this show we reveal the big picture of what's actually going on will we go beyond identifying the problem. rational debate and real discussion critical issues facing. you know ready to join the movement. a. good lumber tour. to build. your new found anything tunes mission to teach music creation why you should care
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about humans and. this is why you should care only. tonight ukraine seeks clarification from the e.u. the european commission says trade deal with the country and i want to hold all this amid those. protests in the capital being cheered on by western politicians will bring up to speed on the latest also this last week a massacre reported in syria with islamist rebel forces said to have killed dozens of civilians in the latest in a series of atrocities. shakes off the blues after breaking free of the e.u. is a program but the government warns that doesn't mean an end to austerity. and russia does not want to dominate the world but will stand firm in defending its values president putin delivers his annual state of the nation address.

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