Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-06-23-Speech-3-019"

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"en.20100623.9.3-019"2
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"Mr President, a full 14 000 barrels of oil a day are currently gushing out straight into the Gulf of Mexico. The oil is now spreading along the beaches of the US. It is approaching the beaches of Mexico. In northern Europe, there are people who are concerned that the Loop Current off the coast of Florida will carry the oil on via the Gulf Stream to our part of the world. That is the situation. We are incredibly vulnerable, and nobody lives on their own island in this world. Everything is interlinked. That is why it is so important that the issues surrounding switching to renewable energy, to a different kind of society, do not get lost; in other words, that which we talk about so often here and sometimes succeed in getting a broad majority for when we decide on resolutions. At the same time, it remains the case that far too little is being done. We must not lose sight of this because of the economic crisis. We will not solve the economic crisis unless, at the same time, we can resolve the matters related to our environmental vulnerability. Our vulnerability is also very clear as regards the way the financial markets work. It is these that rule. It is these that react. It has been like that for decades, and so many of those in the political groups here have felt that this is perfectly OK and that it is good that the market has so much power. Now we are finally beginning to take decisions that mean we are not dictated to by the financial markets. This is hugely important. We can see the consequences there have been in many EU Member States, where free, unregulated market forces – in other words, the system adored by so many until very recently – have contributed to enormous problems. Our vulnerability is made clear once again as we see how this is being dealt with until we have regulation of the financial markets in place – with draconian cuts in the public sector, with the result that we are putting the recovery at risk because of the economic crisis. The crisis could turn onto a deep-rooted recession. I feel that the situation in some of our Member States is incredibly worrying, where action is being taken in a way that not only creates social conflict and excludes people, but also, in fact, risks damaging what we say we want to salvage. It was very interesting listening to Mr Van Rompuy. Much of what was said was good, but there was a lot about architecture and very little about people. Social Europe is also part of the fight to do something about the financial markets and the fight for the environment. Things are not going well for people. Mass unemployment continues to grow. That is what we must devote most energy to remedying."@en1
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