Thursday, 16 October 2008

Crisis? What Crisis? French president inflates his annual budget by 11.4%
The world may face a recession and money might be short in all government budgets – except one: The Elysee Palace can swim in money. The French evening news France 2 revealed that Nicolas Sarkozy’s budget will grow by 11.4% next year.

Gallia Watch writes: "After giving himself a 206% salary increase in October 2007, and at the same time, tripling the budget of Elysée, the Sarkozy inflation continues. The news goes back to October 3, but hardly made waves. Les Echos revealed a new increase in the budget of the "hyper-presidency". When the budget had gone from 32.3 million euros to 100.8 million, the Palace, to justify itself, pointed to the "ensemble of operating costs and of personnel that was formerly covered by a dozen ministries, not directly by Elysée." For our part, we preferred the explanation that His Smug Highness required no fewer than 800 functionaries in his exclusive service! The indecency of this budget is blatantly evident when you realize that Sarkozy's predecessor, Bon-Appétit-Chirac, had already increased it by... 463% over that of Mitterand!

"Well, next year, the budget of Elysée Palace will reach 112.3 million euros, or a new increase of 11.4%."

Queen Elizabeth II should ask Nicolas Sarkozy how he could increase his budget without causing a public outcry. After all, Buckingham Palace needs to be repaired, but the British government rejects the Queen’s plea to provide £3m for the most urgent repair works. While presidents can just grab whatever they want, Monarchs look like beggars when it comes to the necessary funds to run the state affairs.

Who said, a republic would come cheap?

1 comment:

Malden said...

Excellent post. Thanks for the ref. Interesting about President Sarkozy!