Ireland told: Take EU bailout or trigger crisis

European Union has warned Ireland, and they have 24 hours to make a decision about the bailout.

 The increasingly isolated Irish goverment became under high pressure tonight to seek an EU or Internatiol Monetary Fund bailout within 24 hours. They fear a contagion from their weak banking sector, which might spread the weaker eurozone countries.

Brian Cowen 's coalition came under a lot of pressure from Spain, Portugal, and the European central Bank, because they do not want a second crisis within six months and they asked him to eliminate this threat by putting up a firewall between Ireland and its 15 Euro partners.

reaction:
I think that Ireland should not think about their independence and let the monetary fund help them. It is not only for Ireland, but all European countries suffer from this financial crisis one way or another. I understand that the Irish are free and independent for just 80 years and they want to hold on to that. A bailout would mean that the EU get more control over the Irish goverment and their decision, because their financial crisis has to be solved.

adress:http://www.guardian.co.uk/business/2010/nov/15/ireland-portugal-spain-european-debt-crisis

Phil Woolas ejected from parliament over election slurs

Former minister of immigration has been ejected from the parliament after the ruling of two high court judges. Phil Woolas’ judgment is likely to have consequences for future campaigns.

The two high court judges ruled that Phil lied about his Lib Dem opponent during the general election. Elwyn Watkins claims that Woolas misled the voters in Oldham east by saying that Watkins “wooed” the Islamic extremists and his intention to live in a constituency. The evidence for his conviction was found in emails from Woolas’ team. Woolas is also ordered to pay all costs. This was the moment for the Labour deputy leader Harriet Harman to suspend Woolas from the party. Former politicians think this ruling may affect future elections on what people say and can’t say.

reaction: I think this problem is finally coming to an end. I think they should do the same in the United States, where they make each other black in the media. This happens with all the senator and presidential elections. I think you should not pay attentions to other parties and make up your own campaign, which will reach the public if you have a good program. lieing about other parties or politians is just going to make you even less reliable.

adres:http://www.guardian.co.uk/uk/2010/nov/05/phil-woolas-ejected-parliament-election