Nigel Farage Exposes Euro Banking Scam
European Parliament, Strasbourg, 13 June 2012
• Speaker: Nigel Farage MEP, Leader of the UK Independence Party (UKIP), Co-President of the 'Europe of Freedom and Democracy' (EFD) Group in the European Parliament - http://nigelfaragemep.co.uk
Nigel Farage : "Another one bites the dust. Country number four, Spain, gets bailed out and we all of course know that it won't be the last. Though I wondered over the weekend whether perhaps I was missing something, because when the Spanish prime minister Mr Rajoy got up, he said that this bailout shows what a success the eurozone has been. And I thought, well, having listened to him over the previous couple of weeks telling us that there would not be a bailout, I got the feeling after all his twists and turns he's just about the most incompetent leader in the whole of Europe, and that's saying something, because there is pretty stiff competition. Indeed, every single prediction of yours, Mr Barroso, has been wrong, and dear old Herman Van Rompuy, well he's done a runner hasn't he. Because the last time he was here, he told us we had turned the corner, that the euro crisis was over and he hasn't bothered to come back and see us. I remember being here ten years ago, hearing the launch of the Lisbon Agenda. We were told that with the euro, by 2010 we would have full employment and indeed that Europe would be the competitive and dynamic powerhouse of the world. By any objective criteria the Euro has failed, and in fact there is a looming, impending disaster. You know, this deal makes things worse not better. A hundred billion [euro] is put up for the Spanish banking system, and 20 per cent of that money has to come from Italy. And under the deal the Italians have to lend to the Spanish banks at 3 per cent but to get that money they have to borrow on the markets at 7 per cent. It's genius isn't it. It really is brilliant. So what we are doing with this package is we are actually driving countries like Italy towards needing to be bailed out themselves. In addition to that, we put a further 10 per cent on Spanish national debt and I tell you, any banking analyst will tell you, 100 billion does not solve the Spanish banking problem, it would need to be more like 400 billion. And with Greece teetering on the edge of Euro withdrawal, the real elephant in the room is that once Greece leaves, the ECB, the European Central Bank is bust. It's gone. It has 444 billion euros worth of exposure to the bailed-out countries and to rectify that you'll need to have a cash call from Ireland, Spain, Portugal, Greece and Italy. You couldn't make it up could you! It is total and utter failure. This ship, the euro Titanic has now hit the iceberg and sadly there simply aren't enough life boats."
• Joint debate: European Council meeting - Multiannual financial framework and own resources
A. Preparation for the European Council meeting (28-29 June 2012)
Council and Commission statements
[2011/2920(RSP)]
B. Multiannual financial framework and own resources
Council and Commission statements
[2012/2678(RSP)]
• Video: EbS (European Parliament)
• 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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Added: 229 days ago by
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Nigel Farage to EU leaders Who the Hell Do You Think You Are
British politician and the leader of the UK Independence Party (UKIP) Nigel Farage has slammed EU bosses over European crisis. "It's even more serious than economics because if you rob people of their identity, if you rob them of their democracy, then all they are left with is nationalism and violence. I can only hope and pray that the Euro project is destroyed by the markets before that" - Farage said at the end of his speech.
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Nigel Farage Shits on Globalist Euro Bailout Parade
• European Parliament, Strasbourg, 16 November 2011 • Speaker: Nigel Farage MEP, UKIP, Co-President of the EFD Group in the European Parliament (Europe of Freedom and Democracy) • Debate: EU Economic Governance - Statements by the Presidents of the European Council (Herman Van Rompuy), the Commission (José Manuel Barroso) and the Eurogroup (Jean-Claude Juncker) - [2011/2902(RSP)]
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How To Make Your Work-Life Balance Work
Work-life balance, says Nigel Marsh, is too important to be left in the hands of your employer. At TEDxSydney, Marsh lays out an ideal day balanced between family time, personal time and productivity -- and offers some stirring encouragement to make it happen.
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Sea Monsters 5 - Chasing Megalodon - Part 2
Nigel Marvin encounters a giant prehistoric shark in the Walking with Dinosaurs: Sea Monsters... I am completely aware that this is not real and so are most of the viewers of this video, so don't bother saying "this is fake" as there is no reason to do so... This program was never meant to fool people or make them believe it showed real life happenings, it's only aim was to make a prehistoric life documentary more interesting... All credit goes to BBC and Impossible Pictures... (Yes, this is a RECREATIONAL documentary, you shouldn't even have to be told!)
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Added: 1757 days ago by
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