The BBC reports that the EU seeks establish a new pan-Europe Institution to supervise all national institutions such as the City of London. Quelle surprise, another power grab from the overlords in Brussels. BBC correspondent and Billy Bunter look-a-like Mark Mardell thrills that ” supporters of the scheme would like to see national bodies like the UK’s Financial Services Authority made subordinate to the new institution and adds that Prime Minister Gordon Brown has relaxed his previous opposition to tighter regulation at a European level.” Mark seems to have overlooked the salient fact that such is the level of EU financial corruption that EU accounts have not been signed of for fourteen years in a row. Even the BANKS must be envious of that! When it comes to the reporting of EU matters, the BBC is so biased as to be beyond belief. Then again, I guess the fact that the EU helps fund the BBC may account for at least that aspect!
EU CAN BANK ON BIAS!
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