Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-20-Speech-1-186"

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"en.20100920.21.1-186"2
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"After the disaster caused by unchecked financial speculation, after months of inaction and promises about the measures to be imposed on the financial markets, confirmation reached us this week from the European Commission. Basically, everything will continue as before. Financial speculation will continue, its principal instruments will continue: derivatives, unsecured sales, swaps or CDS (credit default swaps); there is to be no end to the toxic rubbish. Tax havens, about which there is now a deathly silence after all the fuss and empty promises that a stop would be put to them, will continue to exist. All this in contrast to the profound violence with which heavy sacrifices were imposed on the workers and the people, called on to support the abuses of financial capital. The response to the fact that the European Union clearly has no idea what it is doing about the consequences of a crisis that it helped create is here, in Portugal, France, Greece, Spain and all over Europe as people rise up and fight against the profound social regression that the European Union wants to impose upon them."@en1
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