Local view for "http://purl.org/linkedpolitics/eu/plenary/2015-05-20-Speech-3-212-000"
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"en.20150520.26.3-212-000"2
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"Mr President, given Ireland’s experience of both terrorism and the abuse of the financial system, prevention of the use of the financial system for the purpose of money laundering and terrorist financing is something that should be close to the heart of every Irish person.
I do not have to elaborate on how physical terrorism affected Ireland for decades – and there are those who still have not been weaned off it just yet – but there is also another kind of terrorism that is far more widespread and far more endemic. I am talking about financial terrorism, the terror inflicted on peoples all over the world by small, but disproportionately powerful, moneyed interests whose actions are facilitated by captured governments.
Our own government in Ireland has long been captured and is now held prisoner by the IFSC, dancing to its every tune. This is the same financial centre which is so low down on the scale – or so high depending on your perspective – that it was described by no less an outlet than the
as the ‘Wild West’ of finance! It is good to see something being done about it, but the idea that the European Union can do anything about it given that it is a type of financial terrorist itself, well, that is a joke, is it not?"@en1
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