Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-10-08-Speech-3-039"

Predicate	Value (sorted: none)
lpv:spokenAs	member; REGI (2007-01-31--2009-07-13)3
lpv:spokenAs	unknown; NEZÁVISLÍ (2004-07-20--2009-07-13)3
lpv:spokenAs	substitute; Temporary Committee on Climate Change (2007-05-10--2009-02-04)3
lpv:spokenAs	member; Delegation to the EU-Ukraine Parliamentary Cooperation Committee (2004-09-15--2009-07-13)3
lpv:spokenAs	member; NA (2004-07-20--2009-07-13)3
lpv:spokenAs	substitute; ECON (2007-01-31--2009-07-13)3
lpv:translated text	"Ladies and gentlemen, the representatives of the Commission and of the Member States of the Union should resist two temptations next week. Firstly, they should accept that the Lisbon Treaty is dead and that any pressure on the Irish citizens to make them change their opinion is unacceptable, and they should halt the ratification process. Secondly, all senior politicians should realise that there is no such thing as a free lunch. Right now they should stop acting as Messiahs who will save the Union’s economy, while playing roulette with market freedom and taxpayers’ money. The shareholders and bank managers should pay the price for bankers’ bad management. Ladies and gentlemen, at this moment all politicians are offering guarantees to bail out irresponsible bankers. By doing so they create a moral hazard. By offering State guarantees they are laughing in the faces of taxpayers and the much vaunted small and medium-sized enterprises. They send just one message to the major investors: you have the right to expect fat profits and in doing so you bear no risk and, in particular, no responsibilities. In exchange for this assistance, however, the politicians will expect a heavy price to be paid in return, and that will be market regulation. This will not prevent the crisis. This will merely postpone it. In addition, by abandoning the rules of fair economic competition we will be creating a jungle. Ladies and gentlemen, we are facing recession and growing unemployment. At the same time, the political elite are facing a difficult test: whether or not to succumb to the lure of populism that always offers easy solutions. In the 1930s Europe did not weather the storm and failed. I firmly believe that we will weather the storm today."@en1
rdf:type	lpv_eu:Speech2
dcterms:Date	"2008-10-08"^^xsd:date2
dcterms:Is Part Of	lp_eu:Preparation of the European Council, including the situation of the global financial system (continuation of debate)2
lpv:document identification number	"en.20081008.14.3-039"2
lpv:hasSubsequent	lp_eu:2008-10-08-Speech-3-0402
lpv:speaker	lp:Jana Bobošíková2
lpv:videoURI	<go to Events_and_structure europarl>2
dcterms:Language	"cs"^^xsd:language2

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