Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-01-20-Speech-4-024-000"
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"en.20110120.3.4-024-000"2
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"Mr President, it is not often that I have any good words to say about Gordon Brown, but he did act swiftly, decisively and effectively to deal with the banking crisis in the UK, even though I must point out that it was largely made worse by his disastrous tenure as Minister of Finance/Chancellor of the Exchequer for ten years.
However, the bank rescue in the UK was less swift than it might have been because of the consequences of EU competition policy. My distinguished colleague, Professor Tim Congdon, has written a pamphlet on this. The fact is that these matters should be handled at the national level and not at the level of the Commission. The Commission simply does not know what it is doing and should stay well clear.
In the last 15 seconds I have, I must address the singularly depressing speech made by Mr Lamberts when he talked about tax competition. Tax competition is why we have lower taxes. What he was advocating was an EU-wide fiscal policy, which would result in EU-wide higher taxes. That is what it is, and I would ask Mr Lamberts and his colleagues to please call it that next time."@en1
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