British Prime Minister David Cameron made a good call Monday by declaring that no funds from U.K. taxpayers’ pockets should be funneled toward gifting Queen Elizabeth II with a shiny new $90 million yacht on the occasion of her Diamond Jubilee. In Cameron’s mind, apparently, that would be most untoward in a recession. Plus, as the AP pointed out later that day, it wasn’t known if Her Royal Highness even wanted one. –KA

AP via Google News:

Cameron’s spokesman Steve Field said it would not be appropriate for public funds to be spent on a new yacht during times of economic hardship. But he said the government would be supportive of private efforts to provide a new ship for the queen.

He acknowledged that ministers have been approached over plans to raise donations for a privately funded vessel and that the government “would react favorably” to a firm plan.

“There are a number of proposals out there for a privately financed yacht,” Field said.

Read more

AS CHAOS UNFOLDS, FIND SOLID GROUND…

In this time of unprecedented challenges, independent journalism is more vital than ever. At Truthdig, we expose what power wants hidden and give you the clarity to make sense of it all.

Your donation helps ensure that truth telling continues.

SUPPORT TRUTHDIG