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La Tempête: France Embroiled In Major Political Scandal as Former Socialist Budget Minister Caught Hiding Money In Swiss Bank AccountsI came across this in Le Figaro, trying to keep my hand in at French. It doesn't seem to be getting much play in the American press. But Le Figaro is pretty much this story all down the home page. (Oh, I should note that Le Figaro is a conservative-leaning paper (conservative, for France) so one could expect them to be particularly delighted in a socialist scandal.) It's a full-blown political crisis. The Socialist Cahuzac's secret Swiss back account is particularly problematic because Cahuzac had been tasked with... exposing those who hid money in secret bank accounts, to escape France's confiscatory tax rates. Oops. "Allo! 'Ere eet eez! I found un!" -- Budget Minister Jerome Cahuzac, as reported by @zamoose But getting back to the real reporting: Cahuzac, a cabinet heavyweight who had been tasked with fighting tax evasion by President Francois Hollande, finally admitted to having a foreign bank account last week, following weeks of denials. And then this is just weird: Meanwhile, Jean-Yves Le Drian, France's defence minister announced that a camel given to Mr Hollande in Mali in February as a gift from a local official for liberating the county from Islamic extremists had been killed and eaten. Hollande has proposed a series of laws and initiatives to quell the crisis, such as requiring all government ministers and high-ranking personnel to declare their "patronomie" (net wealth and total holdings; I note this because it took me like an hour to figure out what the "patronomie" scandal was about.). This is being resisted, as some government folks are objecting to having the public know about, say, the value of a country home. Cahuzac has since been ejected from the Socialist Party for being too awesome at Socialism. The bigger suspicion is of course that Cahuzac is not some kind of aberration, and in fact this practice of government ministers hiding money from their own tax regimes is widespread. Why isn't a major political scandal, which may well yet bring down the government of a major power, getting any play in America? You have to think it's due to the fact that this hurts the "wrong" people, the Socialists. And that what Cahuzac is (allegedly) guilty of -- an entitled member of the socialist-leaning political class engaged in self-dealing to enrich himself at the expense of the public -- is an issue that the Obama Administration would like to not talk about. More Context: From JeffB. He notes I "undersell" it. True. Honestly I had no idea this was even A Thing until last night. But this has been a grave and growing scandal -- the words for "storm" and "tempest" are frequently used -- since March 19th, and Hollande has yet to turn any kind of corner on it. Anyway, some of the backstory and context: It's hard over-emphasize how big a story this currently is in France right now. If anything, Ace undersells it. It's at Le Drudge: Commenters noted that it actually has been on Drudge. I missed that myself. But here's another British paper reporting on it.
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