Nigel Farage Was Right!

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Trapped Inside an Economic Prison (Full version: 14:33)

A collage of speeches by UKIP Leader Nigel Farage MEP in the European Parliament in Strasbourg and Brussels as Co-President of the Europe of Freedom and Democracy Group (EFD).

Excerpts relate to the euro currency crisis leading up to the bailouts of Greece (May 2010), Ireland (November 2010) and Portugal (April 2011).

Credits (coming soon)


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Unfortunate EU(SSR) Member States:
Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Germany, Denmark, Estonia, Spain, Finland, France, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Sweden, United Kingdom

The legislators in the US have too much power and president Dwight Esienhower's warning about the Military Industrial Complex gaining too much power is here already.

Perhaps theres a new way to govern. Time to hold politcians feet to the fire and shackle the lobbyists.
http://www.govathome.com/

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[Sikamaster]

Blah!! He is pointing the blame in the most obvious direction, without any factual evidence. In the end of the day, the fact will still be that the curent crisis was brewed outside of Europe. Does the crisis hurt the Euro? Hell, yes! But will it kill it? Hell, NO!!! And what doesn't kill you makes you stronger. Every1, and this guy first, should just drop the blame-game and try to make things better with what we got rather than try to refit the system once again...

[NicosMind]

@Sikamaster UKIP started as a pressure group to keep the pound. The Euro was tried before and it was called the European Exchange Rate Mechanism and it ended in a disaster. (definitely watch this before commenting /watch?v=SwMZGKJaANI ). It ended in a disaster. It happened cause countries with different economies were forced together.

The countries of the Euro are more different. A country should have an interest rate to reflect the savers of that country and not of another!

[Yperkeimenos]

@NicosMind I agree,the Eurozone is not the first currency union to collapse nor will it be the last,but the real question is how many collapses must come to pass to understand that these things simply do not work when done in a rush and without the consent of the people.After all the definition of insanity is :"Doing the same thing over and over again expecting something different to happen (than what already does)".Are the ones leading Europe then insane?

[NicosMind]

@Yperkeimenos Well i reckon they knew it would fail they just didnt care. Theyve forced everything through reguardless to the peoples wishes and have used plenty of fake political & economical exuses that many people have bought which has helped them to achieve their goals. As long as they stick to their cover story and the people dont revolt theyll achieve their aims even with only minority support. Thats how they see it. So there will be a forced fiscal coallition of sorts.

[Sikamaster]

@NicosMind So, the most straight forward solution is to merge everything so there will be no different economies. No rogue loaning or government spending by different economic means a single economy! The EERM was a loose bond between different countries with different currencies and budgets. The Euro got rid of the currency problem but did not resolve the budget problem. i'm guite certain that a system with just 1 currency and just 1 budget to manage that currency will work. No matter the scale.

[NicosMind]

@Sikamaster It would stave off a collapse and be easier to control yes. But will ignore the majority opinion in most countries. But im guessing you dont give a fuck about what the people want and are with the oligarchy. So maybe an economical argument. Itll still ignore the differences in economy power, culture and scale. And most importantly itll ignore the saving rates of each country. If you want the most efficient economic system you have to realise that each country has a (countinued)

[NicosMind]

(cont) different capital structure. Ignore the interest rate that would best suit that country will slow growth down in the best cases(with countries that are simular) and completly destroy others. You need capital in a economic system to build it up. If interest rates are below the natural level thats inflationary and credit destroying. Above and business et al are penalised. And with unnatural credit expansion you get the boom bust cycle

[Michmajstorsky]

I hope that Croatian ppl say no to Eu....we are alrdy in debth outside our frontier, this way we would only give up our country.... like we didnt fight for our independance 20 years ago.... I hope this never happens to us and I hope we learn from other mistakes cuz we are just gonna become slaves

[MrTech012]

@NicosMind I hate to say it mate. But I'm from the UK, and about 95% of us Brits rioted and said no to it, but Blair still took us in through the back door without asking us. 75% of our laws are now decided in the EU Parliament. If your government want it, you won't have a choice..... :(

[MaxTallon]

@Sikamaster : D'uh!

[wishen4fishen2]

Mr. Nigel Farage and Dr. Ron Paul,two men in politics that are sincerely honest,extreme high integrity and they both actually give a hoot about we the people and our presently messed up world.

[TheHeinz64]

Not only the Greeks will bleed dearly for keeping the Euro on it`s feet, we all will suffer. In almost every country who have the Euro, massive cuts are made into the Governments budget. Pensions are cut up to 12%, the handicapped stripped of help to have a `normal` life and many more disastrous measures. And all to keep the Euro-fanatics dream of a Euro-State alive. Stand up people of the EU, demand your sovereignty back and lets stop these EU-dictators.

[jackarius101]

hehe, massive bust

[bossrat]

Some of your dates are incongruous:

03:55, 04:37, 05:46, 07:52 and 08:09

[recyclecongress]

"And most of you in this room don't even know what that means....and those that DO will do their best to IGNORE it." Lol. I love this guy!

[GrymWraith]

I thoroughly enjoy listening to this man. A contrasting leviathan of truth in a den of derisive criminals

[MrBrooxy]

@Sikamaster your kidding right.How about fuck the EU and the unelected officials and bring back national sovereignty and let people vote for their own leaders in their own country.Make things better with what weve got PLEASE stop breathing your too stupid to be stealing someone elses oxygen.As for factual evidence how about all the bailouts as proof of failure. The euro needs to be forgotten from history.It is just a way to control the whole of europe with a financial iron fist.