Presumably they've checked with the lawyers to make sure that this does not violate the Maastricht Treaty, which forbids governments from using the central bank to finance any of their deficits.
For one thing, this action would violate the Treaty's environmental obligations to protect marine life and its habitats, obligations whose sweep makes those of the Kyoto Treaty seem modest by comparison.
U.S. Deputy Defence Secretary Paul Wolfowitz said in Washington that the Pentagon planned to begin construction next April for missile defence tests that could violate the treaty.
By giving us new tools for verification, enabling us to tap a global network for intelligence and information, and strengthening our own law enforcement, the treaty will make it easier for us to prevent to punish those who seek toviolate its rules.