Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-23-Speech-3-030-000"
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"en.20120523.3.3-030-000"2
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"Mr President, thank you, Ms Podimata. Today, for the first time, we are discussing the financial transaction tax. If approved, it will be the first clear signal that speculators will not go completely unpunished for the crisis that we are currently experiencing. Parliament and the EU institutions should be responsible for people, not the financial markets. For decades, the financial markets’ lobbies have succeeded in ruling the world without any opposition or hindrance. It is obvious to us that, during 2008 and 2012, the crisis of the speculative financial markets was at the root of most of the problems we are experiencing. Yet these speculative financial markets have managed to achieve not just a complete failure to take action, but also a direct transfer from the public purse to those same speculative markets.
We have been fighting for this for many years, Mr President, but it was only when people across Europe started to say that enough is enough that we have finally seen some initiative on the part of the institutions that govern the EU. This is the very first sign of the answer that we have needed to give to the people. The citizens of Europe, who have paid for everything, do not deserve to be paid so little respect. This proposal is neither complete nor perfect, and it will not solve the whole problem of financial speculation, but it is an important signal. We have been ... or rather, the EU leaders have been apologising to the financial markets. They should apologise to the people who have been affected. To finish, Mr President, I would like to recall the words of a famous politician, who said that these markets that we are talking about govern us without ever having been elected.
I sincerely hope that governments will give a signal that they trust the people, and I sincerely hope that following the adoption of this directive and a positive vote from the Members, we can begin to talk about justice and solidarity in Europe. Ladies and gentlemen, let us pluck up our courage and make this project succeed."@en1
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