Nigel Farage on the Failings of the EU Summit and an Antidemocratic Europe

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Welcome to Capital Account. European Leaders hold the umpteenth EU summit to try and save the monetary union and the Eurozone. This meeting has been deemed by some in the media as crucial, but is it really? Not a chance, according to our guest Nigel Farage, leader of the United Kingdom Independence Party (UKIP) and member of European Parliament. It's more of the same "can kicking."

And fingers point at Germany to save Europe, but the core isn't immune to the problems of the Eurozone. New figures show that the number of people out of work is creeping up in Germany, up by seven thousand in June. And a poll shows support for the Euro may be fracturing in the core, the very part of Europe that is holding the entire continent together. Will Angela Merkel eventually buckle to the will of her electorate, or will she do the bidding of her "European partners?" We'll look at how this impacts the EU summit, and recent attempts to quell this European crisis.

And the Supreme Court upholds the healthcare law, otherwise known as Obamacare, advocated for by the current administration. According to the US president, this was a victory for the American people. But what is the market telling us? Lauren and Demetri will give you their take on today's "Loose Change."

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  News & Politics

[tonick19]

Right.. The bailouts are all lies. Banks get bailed out, millionaires and corrupt politicians get richer and richer and the poor get poorer and poorer! It's no wonder whythey supress democracy, cause it's in their best interest!

[Kegga999]

Nigel Farage is a legend. He's got my vote

[Antonsson]

Inflation vs unemployment? If all the bailout-money had not gone to the rich but instead to rebuilding infrastructure and to education, there would be no inflation. Instead unemployment would go down. History proves this. To little money in the economy creates unemployment, but giving new money to banks won't solve it! It is called a "wedge issue" when they try to divide us over nothing, like debating wether inflation or unemployment is more important.

[lliambunter]

And you Mr Pastry Dont have any opinion you are blindly be lead through your ignorance of politics;Other than that,You do know what you are voting for,So you ara an arsehole where have all the BNP gone? gone to USHIT

[utubevidyo]

And yes I do love Farage, he's going to save this country.

[utubevidyo]

You are one of the chattering masses, full of opinions but empty of knowledge. If you can't be arsed to read the manifesto then your opinion is invalid.

[lliambunter]

You love nigel you are either fuckin blind or a rascist fuck off and good night I really cannot be bothered

[lliambunter]

Aye Ok you win I really cannot be bothered going over and over again you love N

[utubevidyo]

You don't sound like you know too much about the EU, so perhaps it is best that you inform yourself before forming an opinion. MEPs cannot propose laws, cannot repel laws, they have zero power, the European Parliament is a farce. European Commissioners create the laws, those people are UNELECTED and cannot be voted out. You have plenty of opinions about UKIP and want they want to achieve, but zero knowledge of the system that they wish to destroy.

[lliambunter]

But what laws do you want these cunts to make that will change the way we live for the beer? Don't forget wehave MEPS their as does every other EU Member its not a case of Brussels dictating to us,People keep going on about laws as if we were left alone it would be the finest country in the world No it wouldn't not under USHIT 'labour' lLiberal or these right wing twats what we beed is a change of the sytem to workin in favour for the people by the people,not run by the people for the few

[utubevidyo]

No, I am not suggesting that we have democracy in this country. You can't decide whether you are pro-EU or anti-EU. 83% of our laws have been created by unelected EU commissioners. The people that we elect to sit in European parliament have NO power, cannot create laws, cannot repel laws. There is nothing less democratic than the EU, it is a dictatorship, a tyranny, and I'm sorry that you can't see that.

[lliambunter]

They would parachute some one from from down south into my place is that democracy? The only rights you have now in this country is probaly offered to you by the human rights act.This must be the only country in the world were the people want to get rid of it what a fuckin joke