Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-25-Speech-3-015"

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"Mr President, I think that only history will judge whether the summit last week was a great summit. This morning I would like a wake-up call. We are in a system crisis, and this system crisis can quickly develop into a societal crisis. Roosevelt in the 1930s won the political battle against the Fascists; Europe lost it. So, why did Roosevelt win? He won because he had the trust even of those US citizens who lost a lot of economic income in the economic crisis of the 1930s. What are the four elements of trust which Roosevelt won? The first was reregulation. Roosevelt heavily attacked the oligopolies, the big companies in the US, and reregulated the economy. This is exactly what we have to do at the G20 in London. Even if Gordon Brown were the champion of deregulation, maybe this shows that change can happen. Secondly, strengthen the social fabric. Roosevelt’s programme was: firstly, redistribution of wealth as well as taxing the rich and giving money to the poor; and, secondly, a huge programme for young people in the US. What are we offering young people at European level, so that they do not give their votes to the Fascists in the European elections? Thirdly – and Martin has raised this – the biggest error of your summit was the downgrading of the social summit in May. The only way society stays together is if the multipliers in society function, so we need an upgrading of the May meeting and we need a broadening. You also have to call to the table all the environmental NGOs, the development NGOs and the social NGOs which are preparing, with society and with citizens, the changes we need in society. Roosevelt’s fourth issue was his economic investment. That was the one he essentially lost, because it was only during the Second World War that the economic motor ran again in the US. We do not want to go to war. The war we have to win today is the war against the planet. Our war is green investment – that is where we have to win the war. Therefore, there are two issues. One is that we need green Eurobonds. Out of the EUR 5 billion we need to park a maximum of money with the European Investment Bank, so as to have leverage for renewables and efficiency. Second, we have to bring the cities of Europe into the game. European citizens do not live in the North Sea, in the dumping areas of CO you cannot win votes there. We have to win in European cities – and the citizens in these cities – through a smart city programme. That is winning the economy and it is winning the hearts of citizens for Europe."@en1
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