Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-26-Speech-5-255-500"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-10-26"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20121026.23.5-255-500"2
lpv:hasSubsequent	lp_eu:2012-10-26-Speech-5-255-7502
lpv:speaker	lp:Paul Murphy2
lpv:spoken text	". I welcome aspects of these reports (,), such as the imposition of some regulation on practices such as high-frequency trading and the over-the-counter trading of derivates. I also welcome position limits that will at least curb some of the worst excesses of commodity speculation. However, I abstained on the final reports. The reports go nowhere near far enough in challenging the dominance of the financial markets, which will continue despite these regulations. Speculators have been gambling on the financial markets in order to make massive profits off the backs of the world’s poor; creating mass poverty and hardship in the process. These practices should be outlawed. Instead of a financial market that is run in the interests of the major finance houses and speculators I stand for a financial sector that is run in the interests of the vast majority in society, where its goal is the facilitation of the democratic planning of the satisfaction of the needs of the world’s population and not the enrichment of a tiny section of speculators."@en1
lpv:spokenAs	member_of_the_bureau; EUL/NGL (2012-01-23--2014-06-30)3 unknown; Socialist Party (2011-04-01--2014-06-30)3 substitute; Delegation to the EU-Kazakhstan, EU-Kyrgyzstan and EU-Uzbekistan Parliamentary Cooperation Committees, and for relations with Tajikistan, Turkmenistan and Mongolia (2012-02-29--2014-06-30)3 substitute; PETI (2012-01-19--2014-06-30)3 member; INTA (2012-01-19--2014-06-30)3 substitute; EMPL (2012-01-19--2014-06-30)3 member; Delegation for relations with the countries of South Asia (2011-04-06--2014-06-30)3
lpv:unclassifiedMetadata	"Paul Murphy (GUE/NGL ),"1 "in writing"1

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