Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-11-18-Speech-2-291"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2008-11-18"^^xsd:date2
dcterms:Is Part Of	lp_eu:EU response to the world financial crisis: follow-up of the informal European Council from 7 November and of the G20 Summit from 15 November 2008 - Commission's legislative and work programme for 2009 (debate)2
dcterms:Language	"fr"^^xsd:language2
lpv:document identification number	"en.20081118.29.2-291"2
lpv:hasSubsequent	lp_eu:2008-11-18-Speech-2-2922
lpv:speaker	lp:Paul Marie Coûteaux2
lpv:spokenAs	member; Delegation for relations with the Maghreb countries and the Arab Maghreb Union (including Libya) (2007-03-14--2009-07-13)3 member_of_the_bureau; IND/DEM (2004-07-20--2009-07-13)3 substitute; DEVE (2007-01-31--2009-07-13)3 member; AFET (2007-01-31--2009-07-13)3 member; Delegation to the Euro-Mediterranean Parliamentary Assembly (2004-09-15--2009-07-13)3 unknown; Mouvement pour la France - Rassemblement pour l’Indépendance et la Souveraineté de la France (2005-10-05--2009-07-13)3 substitute; SEDE (2007-01-31--2009-07-13)3
lpv:translated text	"Madam President, I am struck – and I believe I am not the only one – by the antithesis between the most cogent contemporary evidence and what I am hearing in this Chamber, particularly from the representatives of the Council and the Commission, but also from my dyed-in-the-wool Europhile colleagues. In the face of this antithesis, I cannot help thinking of Byzantium, of the balsamic and self-satisfied utterances of the Byzantine administrators at a time when their world was sliding into oblivion. What we have here is not a mere crisis – surely a ludicrously inadequate term to describe a recession – but the collapse of the very foundations of the globalisation process that left such a mark on the 20th century. I do not see this as a credit crunch. It is a credo crunch; it is your political credo that has been thrown into crisis, and I ask you to have the courage to acknowledge the real gravity of the situation. I do not have the time to enumerate all the tenets of this credo, but the liberalisation of credit and these stacks of loans are obviously the consequence of blind faith in the invisible hand and perhaps even in the inevitability of progress. It goes without saying that the answer is government control of credit. By the same token, free trade – the accelerated spread of free trade – is no solution. On the contrary, the solution is to revert to protecting our borders, as our peoples are well aware. Political power should not be usurped by superstructures such as those we have here, and in that respect the failure of the Treaty of Lisbon should set you thinking. What is needed is a return to the real legitimate authority, namely the sovereign state."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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