Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-23-Speech-2-890"
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"en.20101123.33.2-890"2
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"The report on the European Central Bank annual report shows the European Parliament to be the most consistent champion and supporter of the attack by capital on the workers throughout the European Union. It basically repeats the anti-grassroots decisions of the EU summit in October to create a controlled bankruptcy mechanism, to introduce stricter terms in the Stability Pact and apply it to the letter and to impose penalties on Member States which fail to comply with those terms. It welcomes the money package made available at EU and Member State level for the stock exchange and other sectors of capital, in order to ensure that it remains profitable during the capitalist crisis. It supports all the barbaric measures against the working and grassroots classes applied by the bourgeois governments in all the Member States of the EU. In order to get the EU out of the capitalist economic crisis, the political representatives of capital propose that the rate of capitalist restructurings in all the Member States be stepped up, so as to maintain the profitability of the monopoly groups, at the expense of the workers, who are being called upon to pay for the crisis. Ireland is the most recent and will not, of course, be the last example of the tragic consequences in store for the workers as a result of encouraging the sovereignty of the monopolies and their profitability."@en1
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