Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-16-Speech-3-171-000"

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"Mr President, we now see what is meant by European economic governance, by fiscal federalism. Whatever else we say about the leaders of the EU, no-one can fault their lack of ambition. We see here their sheer hunger for power. Awesome. Inexorable. Rude and incontinent. Not only are we talking about tax harmonisation, about a European debt union, about automatic fiscal transfers, but we are also talking about the harmonisation of pensions. We are talking about the harmonisation of public sector salaries. We are talking about the full machinery of single EU economic governance. I am sure you can spot the logical flaw here. This is being done as a result of the failure of monetary union. European monetary union has not worked, so let us have European economic and fiscal union. Closer integration has failed to deliver, so let us have more integration. In the process, what we are doing is condemning the peoples of several of the Member States to preventable poverty and preventable emigration, in order to sustain our own conceit."@en1
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