Local view for "http://purl.org/linkedpolitics/eu/plenary/2013-02-05-Speech-2-334-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2013-02-05"^^xsd:date2
dcterms:Is Part Of	lp_eu:European Semester for economic policy coordination: annual growth survey 2013 - European Semester for economic policy coordination: employment and social aspects in the annual growth survey 2013 - Governance of the single market (debate)2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20130205.17.2-334-000"2
lpv:hasSubsequent	lp_eu:2013-02-05-Speech-2-335-0002
lpv:speaker	lp:Paul Murphy2
lpv:spoken text	"Mr President, across Europe we face a crisis of mass unemployment, falling wages and the complete destruction of public services. The policies of austerity that have created this crisis are being extended and now we are being forced by the Commission, as austerity policeman, into the process of the European Semester. This is not a policy in the interests of the economy as a whole. It is to pay for the crisis of big business, of bankers and of bondholders. Recent figures that the Minister should be aware of, compiled by Michael Taft of Unite, illustrate the extent of this –the fact that people in Ireland are paying for an incredible 42% of the European banking crisis, despite making up less than one percent of the population. Those who try to lay the blame for this crisis on the public sector or on working people should have a look at a recent report from McKinsey Consultants, hardly a bastion of socialist thought. They demonstrate that there has been a decline in private investment in the EU of EUR 350 billion, four times the decline in GDP, while there is currently EUR 750 billion in excess cash holdings of major multinationals. What the figures illustrate is that they are sitting on mountains of profits which continue to increase, yet refusing to invest, while 26 million people face enforced unemployment. We need a radical break with the logic of the profit system. We need to refuse to pay the bankers’ debts, we need massive public investment to create jobs and we need democratic planning of investment for the benefit of our society as a whole."@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
lpv:videoURI	<go to Events_and_structure europarl>2

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