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Tuesday, 28 October 2014

Number Crunching

It would not be too far-fetched to presume that Governors have an unwritten rule not to settle inherited debts during their tenures. They simply add a few noughts to it and pass it on to the next governor. Here’s how they go about it.
It is acceptable practice for the outgoing governor to make a lot of noise about the huge amount of cash he’s leaving in the treasury. However, in his handover note, he quietly and in small print, states what debt he was leaving, but not neglecting to print in bold, that the bulk of it was inherited from previous administrations.  In turn, the incoming governor mounts the rostrum and makes his own noise too about the huge amount of debt he is inheriting from the outgoing governor, but not before he has jacked it up significantly.

After the noisy quarrelling and wrangling in public, both parties agree to a ceasefire in secret at which they accept each other’s claims. After all, they are two of a kind. The incoming governor simply files the figures away until the end of his tenure when he too presents it to the incoming governor as inherited debt from previous administrations .....

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