Quote:
Originally Posted by Villages Kahuna
That's the point, isn't it? Geithner was confirmed and is serving as the chairman of our central bank, one of the most powerful financial positions in the world, if not the most powerful such position. The Europeans could care less whether he did or didn't file tax returns or whether he employed an undocumented domestic. Only American political partisans care about such things. In the current grand scheme of things those issues are totally irrelevant.
The more important message, I think, is that we have dispatched a very senior member of our current political administration to try to convince the Europeans to do things that we have been unable and unwilling to do ourselves. Our financial situation is at least a precarious as several of the European countries. .......
Otherwise, as I said in the title to the first post in this thread...why should they listen to us?
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I beg to differ with the statements in bold above. In the current grand scheme of things, those issues ARE totally relevant to the European audience, because they know we have no credibility as long as the same people who confirmed a known tax cheat (or who is ignorant of how to comply with the tax code) are in Congress and the White House.
It's our credibility that give the Europeans and others reason to not "listen to us", NOT the fact that we have not reversed and perfected our financial problems.