Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-13-Speech-4-127-000"

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"en.20111013.19.4-127-000"2
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"Madam President, let us be clear that the essence of any new plan by this Commission and Council will be the same as the last, which is bail-outs for the banks and savage austerity for working class people. What this means is seen in Ireland today, where you have the pathetic sight of an elected government jumping through hoops for the ringmaster, IMF’s A.J. Chopra, and an array of unelected IMF and EU bureaucrats. We also have the sight of Taoiseach Enda Kenny scurrying to Brussels to receive his orders from unelected Commission President Barroso. The orders are clear: increase the austerity and sell off more state assets. The indications now are that we will be faced with EUR 4 billion worth of cutbacks and a tax next year. The results of that austerity are just as clear. You can see it in Greece, where austerity has destroyed the economy, which is in freefall. In Ireland, despite the hype about improved economic performance, the reality is that domestic consumption and domestic investment continue to plummet, precisely as a result of that austerity. The spread of the occupying movement into Europe is a sign that young people – working-class people – are not prepared to accept it. We need to build those movements into a mass movement that can defeat austerity across Europe."@en1
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