It became obvious that we had completely failed to impose rules on unbridled speculative capitalism. That destroyed financial systems, hollowed out state systems and deeply shook German social stability. Can you recall the debate about "locust" hedge funds - even if it's a terrible term. The speculator capitalists roamed the land, stealing the substance from companies and throwing away the shells. And we were powerless.
Martin SchulzPeople who work hard for their money cannot be placed in a worse position that those who allow their money to work for them.
Martin SchulzWe are living through an epochal shift. If we aren't careful, the elementary foundations of our pluralistic democracy will be threatened.
Martin SchulzIt's not attractive at the moment to vouch for the European idea. I still do it, because I believe nothing would be better for our continent.
Martin SchulzWould I sacrifice a friendship to take a step forward in my political career? Thus far in my political career, I have been spared from having to make such a decision, thank God. And I can't imagine what it must be like.
Martin SchulzI know people's problems: the problems of those who work hard, who must slave away. The couples who have two incomes but who can nevertheless barely cover their rent. The people who get stuck in traffic on their way to work. The people who have to wait in vain for a train to come just as they are supposed to be picking up their children from daycare. I can say with a clear conscience to those people: I understand your problems. And I will do all I can to decrease them.
Martin Schulz