• When Ireland joined the euro 10 years ago it was the final, major move of the Franco-German takeover of Europe. And the poor citizens of this great country just went with the popular advice of governments of the time -- the same governments who were banqueting with bankers and builders, relishing in the false economy they had been fooled into by the Franco-German dictators.
I call them "dictators" as they have demonstrated time and time again that they have no respect for democracy. They proved this when they reacted to our 'No' vote on Nice and again on Lisbon by telling us to try again until we got it right. A democratic vote is to allow the people to make major decisions, despite what the professionals may say, because if we only left the decisions to the professionals we would have a dictatorship.
Of course, in the case of Nice and Lisbon, Europe and our government came back with some 'changes' to the treaties. But these changes were only semantics. To put this into context, if such changes were presented as new evidence for a retrial in a court of law they would not be accepted.
So, why did we lose our independence 10 years ago when we joined the euro? To draw a parallel between business and the EU -- if you run a small business and agree to form a strategic alliance with a larger competitor, this can work quite well.
Although the competitor may be much larger you still have full control over your company's future and your partner always needs to keep the relationship working in both your favours.
This is similar to the situation between Ireland and the EU before the euro. However, if you decide to merge with the larger competitor -- with say, 1pc of the shareholding -- the larger partner now has full control of your business and will run it completely to his advantage.
And that is what we signed up to.
Britain's prime minister David Cameron showed the Franco-German dictatorship that he 'has a set' when he used his veto. We have simply done what the popular thing to do is AGAIN. Mark Twain once said: "Whenever you find yourself on the side of the majority, it is time to pause and reflect."
When will we ever learn?
Knocklyon, Dublin 24