Accounting for bankruptcy

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If you owned shares in a company, and the accounts submitted by the directors failed, would it bother you? How about if they just shrugged it off, insisting that it was nothing to worry your pretty little head about?

Most people would probably be concerned that the employees could be spending the money extravagantly, giving ultra-generous contracts to their friends for instance or living the high life on the corporate credit card. If this wouldn’t bother you in the slightest, even if it happened 18 years on the trot, then congratulations, you’re a model Eurocrat!

The fact there will be people voting in the next European election who have never lived in a time when the EU accounted properly for its spending tells you pretty accurately the levels of obligation and respect felt by those at the top towards the citizens and subjects they should be serving.

Only in this kafka-esque nightmare of the EU would this total failure to account for how other people’s money is spent be considered acceptable. Anywhere else we would see scandal, resignation and general uproar. If a British MP was found to have claimed the maximum amount of expenses in every single category, but kept only the sketchiest of notes on how he spent the money, he simply could not remain in his job, with the same comparison applying to charities and businesses.

So while it sometimes tempting to simply resign oneself to corruption, incompetence and arrogance, like you accept rain and traffic jams, please remember that when you stop getting angry and just roll over, they’ll have won their most important victory yet. Spread our message; tell your friends that we need to Get Britain Out.

By Glenn Coleman-Cooke

Image: Flickr

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