Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-09-24-Speech-3-272"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2008-09-24"^^xsd:date2
dcterms:Is Part Of	lp_eu:Situation of the world financial system and its consequences on the European markets (debate)2
dcterms:Language	"fi"^^xsd:language2
lpv:document identification number	"en.20080924.31.3-272"2
lpv:hasSubsequent	lp_eu:2008-09-24-Speech-3-2742
lpv:speaker	lp:Esko Seppänen2
lpv:spokenAs	substitute; CONT (2007-01-31--2009-07-13)3 vice-chair; Delegation to the EU-Russia Parliamentary Cooperation Committee (2004-09-21--2009-07-13)3 unknown; Vasemmistoliitto (2004-07-20--2009-07-13)3 substitute; Delegation to the EU-Kazakhstan, EU-Kyrgyzstan and EU-Uzbekistan Parliamentary Cooperation Committees, and for relations with Tajikistan, Turkmenistan and Mongolia (2004-09-15--2009-07-13)3 member_of_the_bureau; EUL/NGL (2004-07-20--2009-07-13)3 substitute; ITRE (2007-01-31--2009-07-13)3 member; BUDG (2007-01-31--2009-07-13)3
lpv:translated text	"Now we know that the state is needed as a guarantor of capitalism financially and not just militarily. The Government in the United States of America, that fatherland of predatory capitalism, has privatised the profits from speculation and is now socialising the biggest losses to the trash bank through speculation in the history of its economy. (predator) is the German name for that type of capitalism that is based on another word (rapacity), which is close to (robbery). Both are better. Savers who have prepared for rainy days everywhere in the world will be robbed of the value of some of their savings in the years to come when, as a result of the events of last week, the world economy is inflated and/or we go into economic decline. It is hard to imagine how the United States could otherwise pay the enormous debts it is only now incurring and how, in a time of inflation, the weakening of the value of money, it will respond to its own worsening ability to pay off its debts and normalise its overpriced assets. The time bombs permitted by the American Government and made by the market terrorist banks of predator capitalism there, based as they are on swap deals, the virtual packaging of financial products, the insolvency of customers who are not creditworthy, and bogus loan insurance policies, have exploded in the face of the taxpayers; and the rest of the world is paying the price."@en1
lpv:unclassifiedMetadata	"Raub"1 "Raubgier"1 "Raubtier"1

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