Fiscal Union Treaty to be Forced Through Without Referendums - Farage (Barroso confirms)
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Donate to UKIP: www.ukip.org | www.ukipmeps.org | http • European Parliament, Strasbourg, 18 January 2012 •Speaker: Nigel Farage MEP, UKIP leader, Co-President of the EFD Group in the European Parliament (Europe of Freedom and Democracy group) • Debate: Draft International Agreement on a Fiscal Stability Union (Conclusions of the European Council meeting of the 8-9 Dec. 2011) – Motions for Resolutions – with excerpts from European Commission president José Manuel Barroso’s adress that followed some minutes later. ………………………………… • Video: EbS – European Parliament ………………………………… Transcript: “There is a very bad case of denial in this chamber this morning, a total refusal to accept that the euro project is failing. Greece is on the verge of a default, the bailout fund is creaking, the credibility of the European Central Bank itself is now being called into question. It’s all on the verge of going belly up, and yet, when the credit rating agencies tell the truth you try and pretend it’s not happening. Indeed Mr Brok and others were suggesting it was some dastardly plot by the Americans and the British and the Anglo-Saxon markets to bring down the euro. The rating agencies are nothing more than the canary in the mine. They are telling you the truth. And please listen to Standard and Poor when they say austerity alone will not work. You are driving these countries into depression just to save your euro project. But I must …
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2012-10-17 18:46:35
Source: http://www.youtube.com/watch?v=mEnJm5nvJ10&feature=youtube_gdata
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