Money Back Guarantee

Believe it or not, but the European Union does actually have a money back guarantee.

I’m not joking. The only catch is that you don’t get your money back if it isn’t working; but only if they haven’t managed to spend all the money you paid them during the last year.

Consequently, the EU is now paying back a total of EUR 1.5bn to its 27 member states, distributed according to the states’ gross national income (GNI). In other words, the most money to the fattest cats in the club, but that’s beside the point.

The full distribution list can be found here.

The EU Commission this year brags that this year’s budget surplus is the smallest ever, insisting that this is evidence of its excellent capacities forplanning and not asking too much in membership fees.

That’s one way of looking at it. Another way of looking at it is that they’ve been better than ever at wasting our money away this year, and that it’s a failure that they aren’t able to return much more of our money.

I’l leave it to you to decide which version you prefer.

One Response to “Money Back Guarantee”

  1. Jen Says:

    Thought you’d definitely want to check out Henry Kissinger’s comments about Europe — broadcast yesterday on “Uncommon Knowledge”.

    A few excerpts:

    About complications arising from the formation of the EU:
    “We overestimated… what would be achievable. We thought you could transfer the loyalties of the nation-states to the greater organization that was being created, and that has turned out to be wrong, or not feasible. So Europe in a way is now suspended between its past… and its future.”

    About whether NATO should be expanded:
    “I have been in favor of the expansion of NATO up to this point. I have questions on two issues: One is, when you take in states… that are… likely to be directly attacked, like some of the Balkan states, you may expand it to a point where it becomes unmanageable. And secondly, I was opposed to taking in Ukraine and Georgia, which is not happening anyway…”

    Would love to see your response!

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