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Daniel Hannan MEP gives his opposing opinion to the motion of "The House would Occupy Wall Street". SUBSCRIBE for more speakers ► http://is.gd/OxfordUnion Facebook @ http://fb.me/theoxfordunion Twitter @ / oxfordunion Oxford Union Website @ http://www.oxford-union.org/ Daniel Hannan opens by saying that the bailouts were a crime that will one day be seen as a generational offence. He highlights that he, along with 3 other elected politicians, was the only one opposed to the bailouts along with 87% of the British Public. It's wrong to clobber the little guy in order to reward the corporates. He says that he is opposed because the occupy Wall Street crowd were occupying the wrong place. He says there is a world of difference between being pro business and pro market. He challenges 3 propositions; The Idea that we are living through a failure of capitalism, the banking collapse was caused by a lack of regulation and the idea that we're in this financial mess because of our greed. Filmed on Thursday 22nd November 2012 MOTION: THIS HOUSE WOULD OCCUPY WALL STREET ABOUT DANIEL HANNAN: MEP ABOUT THE OXFORD UNION SOCIETY: The Union is the world's most prestigious debating society, with an unparalleled reputation for bringing international guests and speakers to Oxford. It has been established for 189 years, aiming to promote debate and discussion not just in Oxford University, but across the globe. Rights managed by Oxford Media Associates http://www.oxfordmediaassociates.com/ Filmed by Oxford Media Solutions http://www.oxfordmediasolutions.co.uk