Stability? Who do you think you're kidding, Mr van Rompuy? - Nigel Farage

http://www.ukipmeps.org

• European Parliament, Strasbourg-19 January 2011

• Speaker: Nigel Farage MEP, UKIP, Co-President of the EFD Group in the European Parliament (Europe of Freedom and Democracy)

Blue card intervention: Olle Schmidt - Group of the Alliance of Liberals and Democrats for Europe

• Debate - Conclusions of the European Council meeting on 16-17 December 2010/2655(RSP)

• Transcript:

Thank you.

What is the most commonly used word in association with the euro? No, it's not 'failure', though it could be. It's 'stability' isn't it?

A decade ago everybody said, 'once we've got the euro currency it will bring us stability. Well I would suggest, a decade on, that what it has brought is chaos, discord and misery for millions.

And yet the word 'stability'! Still being used - this morning Mr Barroso used it, Mr van Rompuy used it - 'stability' - in fact we're patting ourselves on the back that the bond auctions in Portugal went well last week.

Well the reality is, it was the European Central Bank actually using European taxpayers' money to buy their own debt.

Your reassurances that all is well don't work. Who do you think you're kidding Mr van Rompuy? Bond yields in Portugal rose to nearly 7 % yesterday. The public, right across the Union, no longer support the currency; and the battle for Spain hasn't even begun.
The model itself is failing and yet what you want is to double the size of the bailout fund. You even want to increase the scope of the bailout fund so that along with the ECB you too can go on buying yet more of your own debt.

You're using the crisis as a massive power grab to take us towards fiscal union. If you succeed, then you should change the name. Get rid of 'European Union', call it the 'Debt Union'. And if you do succeed you will trap those southern countries inside an economic prison for which the suffering of people will be untold, and the North will find itself paying for ever a massive bill and interest rates that are far too high for their own economies.

We've reached a point with this where actually it doesn't matter what any of you say. Nobody believes you. The public don't support you. I hope and pray the markets break you.

[In a 'blue card' intervention Liberal MEP Olie Schmidt charged Mr Farage that he is not giving any solutions to the crisis. Mr Farage replied that:]

"It is absolutely as plain as a pike staff that Greece, Portugal and Ireland do not fit inside the euro and what we should be doing - what Mr van Rompuy should be doing to give real leadership is to be introducing a Plan B and to allow these countries to go back to their own currency to have competitive devaluations and to have a chance, because what we're doing with this policy is killing them off."
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• Credits:
Video: EbS - European Parliament

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• EU 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

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[goldieken]

Thank you yet again, Mr Farage. We must disentangle ourselves from this web of debt, deceit and totalitarianism, the 4th Reich in all but name.

There are many of us who think you are the man to do it. We need you, Mr Fararge - keep telling the world what the EU is really about - and get us OUT of it.

[TheGreppe]

stupid swedish Olle,they did not even take the euro...they still have swedish krone...LOL 

[MrShaziman]

All this stuff about the European Union, ECB, Euro, it is all about making the Jewish International Bankers richer and richer, in terms of actual money and also in actual political power. The borrower is always the slave to the lender. Nothing is done for the benefit of the masses. It is only to take wealth away from them. Mr Nigel Farage, I do admire you and thank you for standing up to these destroying fuckers. They r killing the US with debt too through their private Federal Reserve Bank.

[q1w2e3r467]

Well you may throw your rock and hide your hand

Workin' in the dark against your fellow man

But as sure as God made black and white

What's done in the dark will be brought to the light

You can run on for a long time

Run on for a long time

Sooner or later God'll cut you down

Johnny Cash, an anthem for those of us against the nwo lot.

[ELIASsandberg]

@TheGreppe And we are quite happy that way after how it all turned out :)

[TRELEW08]

THE EURO AND 'A FRAUD

[TRELEW08]

Shulz ONLY SIX OF THE WAITER usurers BANKERS

[TRELEW08]

@goldieken I'M ITALIAN

We have evidence that the euro is 'a gigantic hoax and' I sent to Mr. Nigel Farage OUR COMPLAINT TO THE EUROPEAN CENTRAL BANK MADE IN 2001.

FOR THE MONEY WE MUST RETURN TO THE PEOPLE YOU DO NOT HAVE EUROPEAN BANKERS usurers

[TheBlackStigX]

Go Debt Union Go :)) the most funny man and one of the few ones who has the guts to deal with the big bad wolves in EU Parliament

[martin621251083]

Farage is a motherfucker: he is just another eurotrash that earns 10.000 euro per month to tell bullshit in the parlament.

[LenCommu]

@VerbierSkier It's not contradictory at all. When you criticize everything and suggest nearly nothing, it seems like you are right. But when it comes down to actually doing something, nothing happens, because there's actually not that much wrong. It's what happens most of the time in politics, really. You have to sell yourself

And exactly, he isn't soft on words which only makes the argument of him wanting to become popular stronger. Acting like a leader of the UK and standing up like a man.

[VerbierSkier]

@LenCommu What you're saying is quite contradictory. How can he be trying to become "Mister Popular" if he's totally useless, as you suggest? Not to forget that he isn't exactly soft on words when it comes to making his point.