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Faisal Islam on Economics

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Expenses and bankruptcy: a quick PS

Faisal Islam

Author: Faisal Islam|Posted: 12:59 pm on 11/05/09

Category: Faisal Islam on Economics | Tags: / /

If MPs were forced to repay some of the more ridiculous expense claims, a few might join the ranks of Britain’s growing personal insolvencies.

MPs that go bankrupt are forced to forfeit their seat. Is this what is meant by politically bankrupt?

 

Commentsoldest first

  1. At 4:52 pm on May 11, 2009 Britt_W wrote:

    Interesting angle…
    But, will it ever get to the point where they actually have to pay it all back? I certainly hope so, but I have my doubts.

    And – I note that “mental illness or conviction for a serious criminal offence” also counts as a reason. Might not be defendable in a law of court, but it certainly puts thoughts into ones head!

  2. At 10:23 pm on May 11, 2009 uma wrote:

    hai we are thanks for u every time

  3. At 8:19 pm on May 12, 2009 Dennis Junior wrote:

    Is this what is meant by politically bankrupt?

    Faisal: In theory yes, this is the premiere definition of being politically bankrupt and also; Financially bankrupt!

  4. At 10:45 pm on May 13, 2009 Dave wrote:

    Should Blears not also pay a Penalty and Interest for failure to declare a Capital Gain?

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