Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-28-Speech-3-272-000"
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"en.20110928.19.3-272-000"2
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"The agreement between the political spokesmen of capital on the so-called ‘economic governance package’ adopted today by the political forces of capital is a sign of the determination of monopolies to step up their attack on the working and grassroots classes throughout the EU. The political face of capital has, yet again, played out the farce of apparent disagreement between the EU Council of bourgeois governments and the Commission and European Parliament that we have seen a thousand times before, in order to arrive at a reactionary agreement that spells hell for the working classes and was, in any case, a foregone conclusion. It introduces a drastic cut in wages, pensions, social benefits and workers’ rights in the name of ‘fiscal stability’ and ‘competitiveness’, for which read in order to safeguard the profitability of the monopolies. It has raised strong-arm tactics to force the people to accept the decimation of their rights to the status of EU law, by making provision for and imposing automatic sanctions on the Member States – for which read on the working and grassroots classes – if they fail to effectively serve the ‘competitiveness’ of the monopolies. The euro-unifying legislation on so-called ‘reinforced economic governance’, together with the ‘European Semester’ (preventive control of Member States’ budgets), the anti-grassroots ‘competitiveness pact’ and the ‘controlled bankruptcy’ European support mechanism, are the iron rod being wielded against the working and grassroots classes in all the Member States."@en1
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