Tuesday, March 20, 2007
There´s only two kinds of money: yours & mine
- multiple booking of funds
- false bills
- obvious "irregularities" between agricultural subsidies and satellite pictures
- as well as - you guessed it- criminal arrangements between authorities and fraudsters
It seems there´s quite a clean-up for Mrs. Merkel to do in her current leadership of the european union, after all: regardless of several uncovered scandals to date not a single EU-official has been fired. The worst they have to fear is a transfer to a different position, well that´s what I call incentive to plunder...
Anyway the funny part lies with another story of european parlaments use of tax-payers money. When not so long ago in the wake of the Asian Tsunami the european parlament was debatting on helping the affected countries one speaker after another stepped onto the podium demanding more and more millions for the region. It seemed that they were in some kind of euphoric race to demonstrate empathy by spendings billions of tax-payers money. However when one italian representative suggested to also donate the days attendance fees -the stately sum of 290 Euros which every representative receives additionally to their wages and allowances- tempers turned and became gloomy. The poor man was forced to resign his proposal albeit the parlament passed a bill for 1,5 billion euros of aid. It seems the italian representative was asking for too much.
As Milton Friedman would say: "There´s only two kinds of money - yours and mine". :)
