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French Minister Tasked With Fighting Tax Fraud Resigns For Having A Secret Swiss Account
While everyone awaits in stunned silence to see what Citadel, GETCO and of course the NY Fed will do with stocks in the aftermath of the shocking Cypriot decision, which nobody has any idea how to respond to because as Europe made it very clear ahead of the vote, there is no "Plan B", here is some comic interlude. The name Jerome Cahuzac should be familiar to our readers: he is the French Budget minister who had been tasked with battling tax fraud. Well, technically it is not is but was: moments ago Monsieur Cahuzac resigned, for the same reason he had been investigated several months ago. Namely, having an "undisclosed" Swiss bank account. Minister in charge of battling tax fraud... resigns for having a secret Swiss account. We'll let that sink in for a bit before we go back to that other farce in the eastern Mediterranean.
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Fuck you Bernanke!
No no... that's Jerome Cahuzac. Although he does the same finger thing as Bernanke...
I wonder how his undercover investigations of Swiss bank accounts are going...
Much like a Masonic handshake, Monsieur Cahuzac demonstrates the symbolic gesture that international bankobureaucrats use in order to identify each other. It translates roughly as:
"Fuck you, I'm a rich, corrupt asshole, and that's why I grin like an idiot."
“what (they).. will do with stocks in the aftermath”
Looks like it’s pedal to the metal on an bullish inverse head and shoulders.
I meant no secret bank accounts for you, not for me.
Well, no better or worse than having a tax cheat as a Treasury Secretary.
3 PM Ramp job in progress!
If the equity markets in the U.S. crash, it's light out-night night. They will expend every last round of ammo to prop this bitch up, at least trying to keep it from caving in.
Ben "Modern Money Mechanics Economic Foundation" Bernanke holds the fate of the current Pyramid Scheme in his pimp hand.
I've been claiming, with not a single refutation from any source, that the lone, symbolic force that is propping up whatever consumption is taking place (even if the majority of it is in the form of taking on more debt, or "re-leveraging") is Ben S. Bernanke's magical "Virtuous Circle," where the pump is quite selectively exhilarating & seemingly for free (money fer nuthin', chicks for free), but the hangover will prove it was anything but free, will be a real killer, and absolutely pound the majority (whether they temporarily felt wealthier from any transitory "stock portfolio ownership" balance sheet ramp or not).
Sounds like another reason to go through Mrs. Sarkozy's underwear drawer!
Any volunteers?
Plz to b not doing this, as some people look at ZH at work....
This place is like a bar and a locker room and a trading pit rolled into one. What do you expect?
I work from home. Plz to b posting more titty pics, HH.
I wouldn't kick her out of bed, unless she wanted to do it on the floor;)
The boss just walked by and wanted to know if I accidently thumped my knee underneath my desk. Yes I did boss and it sure hurts.
Fuck "work," no one cares. Commence photobomb run.
I also work from home, if you can call reading ZH while watching the markets react to this shit 'working' - so bravo the pix. (Dow up almost 4 points at the moment! We Are Saved!)
Gawd, Friday night humor has arrived early this week. What a day for this news to come out as Cyprus implodes.
Quit your job.
If you can read ZH at work, you should be fine with nekkid pics, too - the shocking content is in the text...
I'd give this cookie an hour before we were doing the no pants dance.
Time to musk up...
I'll take 2...
but with 2 gallons of silicone...
and a gillete rasor...
Fab as is.
any ride can be tuned.
I think I have an emerging market!
Please add one brazilian.
Cahuzac had less luck with his wife; they had an ugly divorce and her lawyer apparently was involved in getting the incriminating telephone conversation that was taped to the media who then published it.
Hell hath no fury like...and she took her time to extract her revenge!
Now coming back to Carla she is more poetic and that pic shows it!
Pretty much a go to line these days. On topic though....obvious the Swiss can't keep secrets anymore.
Flash...PPT buys market on Cyprus announcement...duh
Yet another hypocritical, sociopathic politician.
Rich socialist.
Status quo.
They make the rules.
The ball is rolling and it's starting to avalanche the mountain.
Damn those appearances of conflicts of interest.
Great. He can go into business with Timmy and Simon Black running a tax advantaged investment firm.
Forward Soviet.
Do as I say not as I do.
The French politicians are concerned with the French after they take care of themselves.
I swear these mofos are the scourge of the planet. Everywhere I look corruption. Everything is a lie and everything is corrupt. The devil is running amuck.
The Cyprus central bank chief name is Panicos Demetriades. All you needed to know.
translation: Dimitri Panick
Socialism for the poor, facism for the rich!
His brother is quite an interesting fellow, too:
"Il est le frère d'Antoine Cahuzac, directeur général d'EDF Énergies nouvelles29 et ancien président du directoire d'HSBC Private Bank France"
http://fr.wikipedia.org/wiki/J%C3%A9r%C3%B4me_Cahuzac
He picked a good time to bury bad news.
Sad state of affairs when the France Finance Minister will only keep his Money in a Swiss Bank.
He must know that your Money is not safe in any Bank anywhere else.
There is another Baby Ruth in the pool.
pods
Doodie!
It's good!
(Chomp)
Classic! And the picture is a beauty.
Now that's funny and the picture also!
Not read between the lines. Just read the lines. A picture is worth two words...
Or in this case four words: "Fuck you, still smiling"
Sacre Bleu Cheese!
If you cross match most of those EU politicans with "secret" Swiss bank accounts you would probably find Trillions stashed away. Throw in African dictators' accounts and you might be able to pay the entire EU Debt!
But I thought you didn't get to be a "minister" of something unless you were above things like tax evasion, theft, and murder. I thought government's was a loving embrace...with intentions of protecting my interests? I thought government officials had all the answers, including how much of my money should be confiscated to bail out a bad bank, and including how much my currency should be diluted to bail out lots of bad banks?
Please forgive my confusion, as my bunny hole recently went super nova.
Jamais danser avec le diable au clair de lune?
He sees nothing wrong with dancing with the devil by the light of the moon. If you're going to be that big a hipocrite what's a little dirty dancing, especially with a close friend.
Guess a Swiss bank account is no longer a Swiss bank account.
Photo caption: "See, read my lips. I have no so-called secret accounts".
Fair chair!
Patriotisme!
Gerard Depardieu is a coward for not paying taxes!
Boehoe!
yeah....
so....
he's just steps down... and that's the end of it....
TAKE ALL THE MONEY FROM THAT BASTARDS ACCOUNT AND TAX HIM FOR ANOTHER 10 million in fines and throw his ASS IN JAIL LIKE THEY DO WITH EVERYBODY ELSE!!!
I have a friend who's in jail for 4 YEARS!!!! 4 YEARS!!!!
AND THAT IS ONLY FOR A SMALL TAX EVASION!!!
WHY DON'T THOSE POLITICIANS GO TO JAIL?!?!?
Good riddance
By the time all is said and done these bank accounts, wherver they are, may well be worth very little indeed.
Fuck France anyway.
the french exception
The thing is he is one of these utter hypocritical leftists who claim to be "for the people" etc.. advocating tax hikes, high government control etc, while living the luxury lifestyle and behaving like a capitalist. I just absolutely ABHOR these hypocrits. Now in itself having a swiss account is the RATIONAL thing to do giving the massive incompetence, lying and fraud. But he just didn't figure out that even that was not so safe anymore. I guess at some point you cannot keep running and hide. You have to FIGHT. MOLON LABE!
I'll bet that worthless POS Cahuzac sent his resignation from some undisclosed 'banana republic' location. The French should impale him on a long stake(ass end through the mouth) in front of the Parliment.
I can only say....
WHOEHAHAHAHAHAHAHAHAHAHAHAHA
THIS IS A HYPROCRITIC WORLD!!!
ONE DAY, THEY'LL ALL HANG!!
This is what happens when you let other humans , TELL you how to live YOUR life
Fuck me; what a week
And it's only Tuesday...
It's only Tuesday.
http://www.youtube.com/watch?v=7ykWgiZVJe0
For kicks, I switched from ixquick to google and keyed in the word fraud.
It spit's out "About 271,000,000 results (0.18 seconds)"
OK, changing back to ixquick now.
Anybody else having trouble connecting to ZH? It sucks because if it doesn't come right back up we get ready to grab our GTFO of dodge bags.
I think the site is getting slammed today.
How else was he to pay the expenses of his mistress?
Not to mention the gay stable-boy.
This minor incident surely won't affect President Hollande's popularity, right?!
Just yeaterday he seemed so happy because he could announce that Airbus sold some planes to Indonesia.
Apparently he's been stuck on hold all day with the Bank's tech support because he couldn't remember his PIN number
and the haute punditry ridicule italians for having elected a comic - hysterical laughter ensues.....
when the music's over.....turn out the lights!
It's a good day to buy some silver.
We live in interesting times. The public attention from the bad news of one scandal is diverted by another scandal. Heck, we'll never run out of these.
HAhahahahaha...LMFAO
You can't make this shit up.....
IridiumRebel,
Yes you can but it would not be surreal.
Also, helps if you have a distorted view like i HAVE.
Tuuuuuuhhhhhhhn dat frown upside down, Mon... Jah Love!
you feelin' irie francis_sawyer?
We're all in this together Bitchez!
No doubt Captain Renault would be "Shocked! Shocked!"
"Set a thief to catch a thief" is the ony excuse I can think of.
(looking at that pic) He just got botoxed, so no one can tell when he's lying.
Whenever he opens his mouth......
And so now he can't buy a gun in the US either because he has dementia and forgets things. These socialist pricks make me sick.
Chavez's shortened plunder, starting from nothing, still gave him a net worth of $2 Billion at his death. The Castro Brothers are also have a net worth $2 Billion. Why do the 'social justice' robots remain agog over these sociopaths?
Cause they are too stupid to know better. (problem is they think they are smarter than everyone else.)
Actually he closed the account in 2010 and moved the money to Singapore
I'm sure it was a turbo tax error - advised him on opening that account
I'm sure the Bernanke won't mind sharing his song.
You can't hide your lyin' eyes
And your smile is a thin disguise
I thought by now you'd realize
There ain't no way to hide your lyin eyes
the only difference between this and the BS that goes on here, is that hear they would just vote themselves an exemption in the law (insider trading anyone?)
The French always play rank hypocrisy with great aplomb :-0)
The Cypriots should demand a EU Swiss bank tax assessment where they're far more likely to capture "hot criminal money".
Just smile when beeing asked but have no clue what Bitcoin is.
The only thing that is unquestionably true about this situation is that his replacement will be worse.
YESH, if you are French everybody fought the NAZI's- everyone was in the Resistance...right!
Now in french for they know it best
YESH, si vous êtes tous français a combattu le NAZI's-tout le monde était dans la Résistance ... droit!
Solid use of the Double Bird.
....it would be nice to know how many in our own crongress have secret black holes stuffed with tax payer, insider trading monies. These pricks know no bounds and should be swinging from bridges by the entrails of pedophillic priests. I hope this fucker gets that shit eatin grin pounded on his face.
Oh yeah, and fuck you bernanke, along with all your circle jerk, butt poundin buddies.
You can't make this shit up! Complete with the comments and pics! Classic!
Their is an interesting parallel to this situation in France. Here in the United States, we had the Chairman of the House Ways and Means Committee, Charles Rangel, a few years back did not declare income earned in a foreign country(Dominician Republic). He was head of the House Committe that is empowered to write tax law in the United States.
If you ever wonder why things are so messed up in the good old US, look no farther than Charlie Rangel, that paragon of virtue who nails you to the wall in paying taxes(April 15th, my favrorite day of the year!)but, he himself and his family
avoid paying taxes at all costs. typical elitist attitude, make the other guy pay, and avoid paying taxes yourself. Same thing in France, same thing with the rest of the elitists in the EU, and in the US Congress.
So the head of the tax writing committe skips out on his duty, but sicks IRS agents on you. Sounds fair doesn't it.
VO
B b b but he's a Socialist! How could this have happened? Surely this is the work of yet another vast right-wing conspiracy to rid the world of the blessings bestowed by another benevolent servant of the people. Nah! Just another "do as I say and not as I do" liberal liar.
PS: Fuck all the dumb cunts that voted for these Commie assholes. They wanted Socialism - now they've got it and I have ZERO sympathy for them as they get robbed blind.
"That Swiss Account was part of my investigation of Swiss Accounts!"
CORRECTION TO YOUR ARTICLE : HE USED TO HAVE ONE... (BUT, YES, STILL...) HE WAS BETRAYED BY HIS EX-WIFE !!!!! THAT'S THE OTHER BIG LESSON HERE................................