Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-20-Speech-3-493"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-10-20"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"fr"^^xsd:language2
lpv:document identification number	"en.20101020.21.3-493"2
lpv:hasSubsequent	lp_eu:2010-10-20-Speech-3-4942
lpv:speaker	lp:Bruno Gollnisch2
lpv:spokenAs	unknown; Front national (2009-07-14--2014-06-30)3 member; NA (2009-07-14--2014-06-30)3 substitute; BUDG (2009-07-16--2012-01-18)3 member; Delegation for relations with Japan (2009-09-16--2014-06-30)3 member; TRAN (2009-07-16--2012-01-18)3
lpv:translated text	"As is usual when faced with the economic, social and financial crisis in this Chamber, the report by Mrs Berès overlooks the main issues and concentrates on saving the system rather than fundamentally calling it into question. This report even adds a profession of faith among the self-regulating virtues of the market, which it pretends to believe can be made more ethical. It believes in the benefits of global competition and of the free and unrestricted movement of capital and goods. Supervising a system that does not work will not enable us to avoid its worst aberrations. The banking system has demonstrated its cynicism by repaying in advance the State aid that did, after all, prevent it from going under, so that it can avoid having to change its behaviour, including its most scandalous practices. The entire global financial system, such as it exists today, is harmful to the real economy. It encourages speculation and the creation of complex products, products that are often opaque and potentially toxic. It produces wealth founded on hot air. It forces businesses to follow extremely short-term strategies, and it favours shareholders at the expense of other economic stakeholders. Pretending to supervise it is not enough. It must be changed."@en1

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