Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-13-Speech-2-058-000"
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"en.20111213.5.2-058-000"2
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"Mr President, the first lesson you learn if you are doing a lifesaving course is that a drowning person will try to drag his rescuer underneath. I felt rather like that this morning, on the receiving end of this minute’s hate because of the United Kingdom having kept the pound, being threatened with the terrors of the Earth. Of course it was very reminiscent of what we were told when we stayed out of the euro in the first place. How is that working out for you by the way, gentlemen?
There was overwhelming public support for the Prime Minister standing aside from this new fiscal union. As Mr Lambsdorff says, there are now effectively going to be two parallel treaty structures. There will be the EU and there will be the fiscal union, the FU – initials which, by the way, neatly summarise the attitude which eurozone leaders take to their own peoples. You are Irish and you are fed up with paying all this money to European bankers and bondholders: FU. You are Greek and you are thinking that devaluation might be preferable to this constant crisis: FU. You are a businessman and you do not want to fold to keep the euro together: FU.
Mr Verhofstadt, with that Olympian authority born of long banquets and long Euro-summits, said that the only possible reason to walk away is if the others will follow you. No, Mr Verhofstadt, there is a better reason to walk away: to preserve your democracy, to secure your independence, to keep fast the freedoms that you inherited from your parents and to pass them on intact to your children."@en1
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