Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-05-19-Speech-3-026"

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"en.20100519.3.3-026"2
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"Mr President, you will not be able to calm the financial markets without giving up a sacrosanct principle that you defend, which is the completely free movement of capital and so-called free competition, which really means unfair competition. Today, a great deal of money is being put on the table, but this is actually designed to reassure the financial markets, whereas to the people you promise only pain. You have brought the IMF back into the European fold. Why were we not consulted about this decision? Now, in a show of strength, you wish to actually usurp power by seeking to have the national budgets overseen by the Commission itself. You talk unceasingly of deficits and debts. Why, though, do we never talk about existing revenue options? We have a deficit at the moment because we have consistently lowered taxes on capital and created the conditions for an increasingly unequal distribution of wealth. Therefore, the measures to be taken should include amending the statutes and the role of the European Central Bank. We need true solidarity ..."@en1
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