The natives are restless at the thought of feeding the European White Elephant

I spoke earlier about Galileo, the great white shining hope of the European bureaucrats to pip the Americans at their game of international satellites and global positioning systems. Now the FT is reporting that the funding for this white elephant is in danger. As I mentioned earlier, they were going to take money from the other white elephant, CAP, and plonk it into here. Why? Why aren’t you returning that money back to me, the taxpayer? Typical, very quick to tax, very very slow to return it or show any returns for it either.

I quote:

The future of Europe’s rival to the US global positioning system was in doubt on Tuesday after transport ministers bickered over how it should be funded. Germany, the UK and the Netherlands rounded on a European Commission plan to raid farming subsidies to build the €3.4bn ($4.8bn) Galileo satellite navigation project.

All this to be taken with a grain of piquant salt!!!