[eu monster] disdain as an art form

BBC today:

The auditors for the EU have refused to sign off the bloc's financial accounts - for the 13th year in a row.

A report by the European Court of Auditors (ECA) criticises nearly every major area of the EU's expenditure.

However, it says there has been a big reduction in the overall level of error in the EU's Common Agricultural Policy.

The European Commission has blamed member states for audit failings, but the report criticises the commission itself, our correspondent says.

Two posts ago, I said:

Meanwhile, the banks have been quietly divesting themselves of gold and are increasingly relying on unbacked scribble in a ledger to balance the books [or not bothering, in the case of the EU – admittedly not a bank but still – see the auditor's report for 2004, for example].

So now we can see the auditors' report for 2007. So the EU is a dodgy organization which lies blatantly and will now close down as an entity, on the auditors' recommendation.

No?