Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-07-Speech-1-071-000"

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"en.20110307.17.1-071-000"2
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"Mr President, politicians are supposed to rule the world, and if they do not, the void is filled by others. That is, in part, what happened with the economic crisis, not least in my own country. Thankfully, we are now recovering lost ground and efforts have been made in Parliament to try and rein in the financial speculators – those economic parasites who have wreaked havoc on the markets and on people’s lives. The financial transaction tax is a good idea as a basis, but I believe that going ahead with it without global application would, in the words of Nigel Farage, be kamikaze economics. I was pleased to co-sign Amendment 3, calling for a feasibility study. It is right and prudent that we should wait for that feasibility study to see if it is economically sensible for us to go ahead unilaterally, without the rest of the world. Once that feasibility study is available, we can then make a decision."@en1
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