11 May 2009

Expenses and bankruptcy: a quick PS

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?

4 reader comments

  1. Britt_W says:

    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. uma says:

    hai we are thanks for u every time

  3. Dennis Junior says:

    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. Dave says:

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

Comments are closed.