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.

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