Tuesday, January 27, 2009

New US Treasury Secretary would go straight on EU-wide Criminal Database

Timothy Geithner, sworn in yesterday as US Treasury Secretary, had he to bear one of the most ignominious events possible in the 21st century, namely having had EU citizenship involuntarily thrust upon him, would have to go straight onto the oppressive and totalitarian Europe-wide ECRIS, on which I blogged yesterday, linked here, as during his confirmation hearings it became clear he had been guilty of 'tax offences' by not declaring earnings from the IMF. Will the EU leaders now refuse to meet or deal with Mr Geithner, of course they will not, the ECRIS is solely for the disenfranchised and oppressed general citizenry of the EU! Elsewhere corruption and dirty dealing rule unchecked and supreme therefore the EU leaders will not be phased one jot! The following quotes are from Bloomberg, linked here:

Yesterday's Senate vote was closer than anticipated; the tally last week in the Senate Finance Committee was 18 to 5. In his confirmation hearing before the finance panel, Geithner was grilled on his failure to pay almost $50,000 in taxes. He accepted responsibility, saying his errors were “careless” and unintentional.

'Difficult Issue'

“In another time and another place this probably would have been a far more difficult issue for him to get over,” said Kevin Petrasic, a former congressional staffer who is now an attorney at Paul, Hastings, Janofsky & Walker, a law firm in Washington. Lawmakers “had to really think hard before deciding that somebody with his credentials was not the type of person we needed” during a financial crisis.

Nevertheless, the tax errors that prompted at least some of the votes against him will reduce his effectiveness, said Peter Wallison, who was Treasury general counsel under President Ronald Reagan and is now a fellow at the American Enterprise Institute in Washington.

“He just won't carry the same moral authority,” said Wallison. This blog considers it odd that this would have been a more difficult issue in another time and place, to my mind nothing should come before restoring trust (as my post on the corrupt House of Lords tried to make plain this morning) and stating that the present mess should excuse officials having laxer standards than should normally prove acceptable flies in the face of logic.

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