Another country bites the dust, - PORTUGAL !!! It was announced months ago, just like SPAIN which is a betting cert to be the next.
The real question is what did the E U do before the crisis surfaced and what has it done since to control matters ? What did all the high-flying E U politicians do to audit, control and help these countries ? Anything serious ?
What did Mr Barroso, the Portuguese president of the European Commission for the last 7 years, do to avert the Bankruptcy of his native country ? He must have been aware of the developments in his own country !!! Anything serious ?
There is a basic rule that expenditure in the E U budgets of countries in the E U should not increase by more than about 3%. per year !!! Who is the top E U official responsible for these controls ? Does he not receive reports ? What does he do with them ? Anything serious ?
Current indications are that current E U contributions to cover costs will increase by much more than than 3% in the foreseeable years !!! Why ? Has the E U with respect to its overheads no serious controls ?
In fact, is the impression the E U gives to European taxpayers true, that the E U is all talk, that it never controls anything and only takes action when it is too late, or when it is forced to ?
Is that not serious ?
Saturday, 26 March 2011
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