Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-22-Speech-3-157"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-09-22"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
lpv:document identification number	"en.20100922.20.3-157"2
lpv:hasSubsequent	lp_eu:2010-09-22-Speech-3-1582
lpv:speaker	lp:Joe Higgins2
lpv:spokenAs	member; Delegation for relations with the countries of South Asia (2009-09-16--2011-02-24)3 member_of_the_bureau; EUL/NGL (2009-07-14--2011-02-24)3 unknown; Socialist Party (2009-07-14--2011-02-24)3 substitute; Delegation for relations with the Mercosur countries (2009-09-16--2011-02-24)3 member; INTA (2009-07-16--2011-02-24)3 substitute; PETI (2009-07-16--2011-02-24)3 substitute; EMPL (2009-07-16--2011-02-24)3
lpv:translated text	"Mr President, I abstained from voting on the issue of establishing a new authority for the European financial system because the new arrangements do not in any fundamental way change the manner in which the financial system works and they do not bring the financial markets under control. In particular, these arrangements do not put an end to speculation and profiteering at major banks and to the speculative funds known as hedge funds. Yesterday in Ireland, for example, the financial market lent EUR 1.5 billion to the Irish Government, but at four points dearer than if the country in question was Germany. This means therefore that the country’s workforce will have to pay additional millions to these institutions. The new board being established changes nothing. There is no answer to Europe’s financial problems other than to place the whole system in public ownership and under democratic control."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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