Europeculation

The Europeaser Union's accounts fail to pass muster again:

The European Union's court of auditors has failed to give EU accounts a clean bill of health for the ninth year ... The auditors can give assurance to less than 10% of the European Union's annual budget for 2002, they say.

Hat tip: Arnold Roth, who asks:

Can you name one commercial entity with this kind of performance whose management team are OUT of jail?

Fortunately, the good people of Israel can rest safely knowing that the EU auditors are keeping careful tabs on all that money they insist on sending to Yassir Arafat.

Posted by Stefan Sharkansky at November 18, 2003 10:54 AM