Worse were the days under monarchical rule when greedy and corrupt political officials were quickly guillotined for accepting bribes and illegal financial contributions.

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Yet another moral meltdown based on greed. This time the human vice reared its ugly head in Westminster. For the first time since 1650, a Speaker of the House of Commons has resigned under angry public protest of his controversial use of public funds.

Yesterday, the Labour party’s second most senior leader, Michael Martin of Glasgow, officially quit as House Speaker amid accusations that he abused his publically financed personal expense account, a perk enjoyed by Members of Parliament.

The British population is outraged: not only because of the exorbitant nature of Martin’s financial reimbursements (reimbursements for cat food, installation of chandeliers, manure, porn material, and repairs to his country estate moat) during the painful economic recession, but because morally rekindled Britons are fed up and ready to part ways with the country’s current leadership.

Adding fuel to the fire, government officials released deeper probes into the art of public deceit. Repayment claims were filed by other M.P.s for interest charged on fictional mortgages on second homes, at time when many banks are foreclosing on the homes of ordinary citizens.

According to a study on global corruption released by Dr. Richard Ebeling of the American Institute for Economic Research, the United Kingdom has fared well amongst its European peers, given the positive correlation found between the freer markets of the British Isles and lesser incentives to perform illicit acts to gain undue advantages in either the public and private sectors. Therefore, United Kingdom has traditionally looked good pared to the corruption impairing the progress of freedom and prosperity among the many “transition nations” of Eastern Europe.

However, even British traditions of good behaviour will not last forever. Pope Benedict has warned the world time and again of the corrosive nature of greed, which “distorts the purpose of material goods and destroys the world,” as he said last April 22 during his weekly general audience in Rome.

In the wake of the scandals of Westminster, Prime Minister Gordon Brown has rallied the British population to change. “Westminster cannot operate like some gentleman’s club,” where its members “make up the rules,” he said. Yet his oratory seems too little, too late. Under 10 years of center-left Labour leadership, the United Kingdom has slowly ed back bigger government – along with it invasive tax schemes, cushy welfare doles, and the slippery slope of greed and corruption among public servants.

Britain’s lawmakers are fortunate only to lose their prestigious government posts and reputations and face incarceration. Their prospects would have been far worse under the days under monarchical rule when greedy and corrupt political officials were quickly guillotined for accepting bribes and illegal financial contributions.