GODFREY BLOOM MEP ~ We are staring into the abyss

Rick Wiles talks to Godfrey Bloom MEP, UKIP (Yorkshire & Lincolnshire), Europe of Freedom and Democracy (EFD) group


Godfrey Bloom, Member of the European Parliament and the UK Independence Party, talks about what motivated the court's decision and the problems that lie ahead for the European Union. Meanwhile, the European Commission president Jose Manuel Barroso, in his State of the Union address, called for a federation of nation states (a European Superstate) and unveiled plans for the ECB to supervise all Eurozone banks. But was it the lack of a centralized banking regulations that contributed to the debt crisis or is this really about something else? We ask Godfrey Bloom if integration is really the solution to the EU's problems. And despite attempts at integration and consolidation in the EU, there are more signs of fracture. While Spanish leaders delay decisions on seeking an ECB bond bailout, the crisis fuels the independence movement in the Spanish region of Catalonia. Could this be one of the ironies of integration?

The whole Banking System is a scam ~ Godfrey Bloom UKIP

Why the whole banking system is a scam Godfrey Bloom


• Joint Debate: Banking union - single supervisory mechanism

1. Specific tasks for the European Central Bank concerning policies relating to the prudential supervision of credit institutions
Report: Marianne Thyssen (A7-0392/2012)
- Report on the proposal for a Council regulation conferring specific tasks on the European Central Bank concerning policies relating to the prudential supervision of credit institutions
[COM(2012)0511 - - 2012/0242(CNS)]
Committee on Economic and Monetary Affairs

2. European Banking Authority and prudential supervision of credit institutions
Report: Sven Giegold (A7-0393/2012)
- Report on the proposal for a regulation of the European Parliament and of the Council amending Regulation (EU) No 1093/2010 establishing a European Supervisory Authority (European Banking Authority) as regards its interaction with Council Regulation (EU) No.../... conferring specific tasks on the European Central Bank concerning policies relating to the prudential supervision of credit institutions
[COM(2012)0512 - C7-0289/2012 - 2012/0244(COD)]
Committee on Economic and Monetary Affairs

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• 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