Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-02-09-Speech-2-205"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-02-09"^^xsd:date2
dcterms:Is Part Of	lp_eu:Difficult monetary, economic and social situation of Eurozone countries (debate)2
dcterms:Language	"fr"^^xsd:language2
lpv:document identification number	"en.20100209.13.2-205"2
lpv:hasSubsequent	lp_eu:2010-02-09-Speech-2-2062
lpv:speaker	lp:Jean-Marie Le Pen2
lpv:spokenAs	substitute; JURI (2009-07-16--2012-01-18)3 substitute; PETI (2009-07-16--2012-01-18)3 unknown; Front national (2009-07-14--2014-06-30)3 member; NA (2009-07-14--2014-06-30)3 member; PECH (2009-07-16--2012-01-18)3 member; Delegation to the EU-Russia Parliamentary Cooperation Committee (2009-09-16--2014-06-30)3
lpv:translated text	"Madam President, ladies and gentlemen, what is happening in Greece and Portugal today, and in Spain and Ireland tomorrow, is scandalous. These same Anglo-Saxon agencies, which sat back obligingly while the rogues issued and traded in toxic assets and which did not see anything coming, are now the strictest of all towards those Member States that rushed to the aid of a financial sector that was undeserving of it. The crisis caused by the irresponsibility of the markets and the banks, and this huge amount of aid, are directly responsible for the increase in the public deficits and the public debt that these same markets are today trying to penalise. So much for the ethical capitalism announced by Mr Sarkozy, the European Union and the G20. The only lesson the banksters have learnt from the crisis is that the taxpayer is an endless source of resources, profits and guarantees, for rumour has it that the scale of this panic is down to a US bank, which received US Government aid, and to two hedge funds, also from the United States, which want to profit both from the exorbitant interest rates imposed on Greece and from the credit default swap market, those insurance policies on government borrowing, which themselves are the subject of independent speculation. It will not be enough to regulate hedge funds – which you are scared to do – or the derivatives markets, as Mr Barnier is proposing. There is no point in creating a European economic government. The Twenty-Seven are in the same mess anyway, and solidarity is not an option. It is the free international movement of capital that must be called into question, otherwise there will not be a recovery, but a repeat of the crisis."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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