The Financial Crisis.

Harry Morskate | 9 september 2011
The banking and debt crisis was not a surprise for many economists. Lack of transparency, high risks arising from self-interest and lack of control were the ingredients that would lead to the crisis. It's amazing to see that the banks, after billions of State aid, soon returned to profit, big bonuses and rejection of any supervision. The State, therefore the tax payer, being faced with a large debt.
 
Our community is also in a financial and debt crisis situation, often caused by some of the same reasons. Since the beginning of the international debt  crisis, governments are trying to save. This is based on the knowledge that overspending and excessive debts are the real cause of the problems.

But that knowledge and insight is lacking in our community council as a whole. Compared with 2007, the debt of our community rose by 83% from € 125,000 to € 229,000.
 
It is remarkable that the debt increases, while the community has a 'balanced' budget and positive operating result. For all other governments (local or national), the problem is one of deficit and each administrative body tries to reduce expenditure to save money and thus lower the debt mountain.
 
As with the banks, in our community there is a great lack of transparency, there exists a conflict of interests, and there is a total lack of control.
Worse, all economic and finacial laws are ignored and the debt per inhabitant is now almost 300% higher than in comparable communities, and is as large as the entire annual income of our community. Those are really Greek situations.
 
Without any real reason, our mayor uses the argument of lack of funds not to perform the normal obligations of a 'mairie' and undertake the necessary investments in infrastructure. But for unclear reasons, even without prior consultation with the council, expensive new projects are put forward by the mayor. Examples: the entrance to Valquieres and the 'renovation' of the old castle (estimated cost: at least € 450 000). There are even plans for a new town hall: an investment of an estimated minimum of € 250 000.
 
These new projects are started in an almost mysterious way by our mayor and, usually, without prior council approval. Eventually, (with secrecy as practised in non-democratic countries such as North Korea) these insane plans are almost unanimously adopted.
The resulting debt and expense have then to be picked up by the inhabitants and that is the explanation for the high tax rates and the debts.
 
The poor Greek population is deceived by its elected politicians and must now bear the burden. The same fate awaits our fellow residents. It is time the council takes its responsibility and no longer supports the mayor in this irresponsible behaviour. The council will have to serve the interests of all residents and should not contribute to the possible expensive, nonsensical and possible private interests of our mayor.


     
La commune de DIO ET VALQUIÈRES, située dans le département de l'HERAULT, au pied des Cévennes, réunie trois hameaux DIO, VALQUIÈRES et VERNAZOUBRES, d'une importance quasi égale, et abrite 139 habitants sur une superficie de 1.877 hectares. La Gazette de Dio et Valquières est une initiative de citoyens concernés qui surveillent de façon critique la politique municipale.

Gazette de Dio et Valquières