Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-09-16-Speech-3-017"
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"en.20090916.4.3-017"2
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"Mr President, ladies and gentlemen, how can the people have faith in financial market regulation when it is entrusted to the high priests of the global financial temples such as Mario Draghi?
In the United States, a popular uprising, a new conservative revolution of the people against the financial oligarchies, is taking place. We the people do not believe in making taxpayers fund policies to rescue the financial powers, whether in the United States or in Europe. Rather, European governments should give adequate resources to the real economy; they should worry about production and jobs. We can see the results of the G20: they include nothing about ceilings and bonuses, nothing about the elimination of tax havens!
The measures are instead aimed solely at rescuing those responsible for the financial bubble: EUR 23 trillion have already been spent, EUR 5 trillion of which were spent by the European Central Bank. The money in our economy has been gifted to those responsible for the financial bubble. In comparison with the EUR 850 billion given to the banks, only EUR 50 billion has been earmarked for welfare support provisions and production incentives. The reality is that high finance gives the orders and politics obeys them.
In the United States as in Europe, politicians appear merely as servants of the global banking power. Wake up, Europe! Follow the example of the US population, which is starting a second major revolution: the conservative people’s revolution!"@en1
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