EU's politicians - the bigger the debt - the worse they behave!

Can Italian Finance Minister, Giulio Tremonti, really believe the excuse he offered the Italian people for paying half the normal rent for a Rome apartment, in cash to a political colleague, Marco Milanese, now under suspicion of corruption. The quote comes from Monsters and Critics, linked here:

'I don't need to steal money ... from the Italian people,' Tremonti said speaking during a state television breakfast show.
'Perhaps I should have been more careful, but if I made mistakes, the only excuse is that I have to manage the third largest debt in the world,' Tremonti told broadcaster RAI, referring to Italy's public debt.

So there you have it, for this summer weekend, neatly summed up on TV from Italy. If you are a Euro Zone Finance Minister, the bigger your national debt, the more excuses you have for dubious behaviour!

Well! That explains a lot, is this same principle at work in the US Congress and Executive, one could be forced to ponder, as events go from comedy to farce onwards towards the brink of a nightmare!

Britain's real debts - Criminal negligence charges now essential!

The Office of National Statistics has now confirmed what this blog has been maintaining over many years, namely that the true debt of the country (some four trillion pounds, read here), represents one obvious fact, namely that a huge theft has been taking place from future generations to such an extent and in such secrecy that criminal negligence charges or worse ( treason perhaps as much of the money has gone to the EU) seem a necessary first step to make the adjustments to be borne by the general public over many years even slightly acceptable. Politicians who have overseen the Treasury since the resignation of Margaret Thatcher should be taken into custody and their actions over many years fully investigated naturally at the expenditure level but also considered alongside the benefits received by their political parties in the form of sinecures, appointments and payments, including pensions, from the EU. A quadrupling of national debt figures, kept hidden from the public, as it has been for many years, can only possibly result from the complete connivance of the entire political class in a truly monstrous conspiracy. Remember this post from just over one year ago, raising similar questions that still remain unanswered!