Tag Archives: Timothy Geithner

Leave Roland Burris Alone!

Let the man have his Senate seat and get off his back.

I really don’t know what the problem is with Mr. Burris.  If all calling for him to resign would just shut up, there would not be a problem.  And if — if — he had to walk in by himself last night as some kind of a shun, then all the Senators should be ashamed.  I absolutely hate it when someone cries race or racist, but I am beginning to wonder if that’s what it is.  First they block him from the Senate floor so he can’t be sworn in with the rest of the Senate, and now they want him to resign.

rolandburris

He obviously wants the position, I think he considers it an honor that he maybe has hoped, he was duly and legitimately appointed, and he seems to me to be an honorable man, so just exactly what has he done that he should resign?

And besides that, if Tim Tax Cheat Geithner can be Secretary of the Treasury and IRS, Mr. Burris can surely be a Senator.

Posted:  02.25.09

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Filed under Barack Obama, Human Interest, politics, Rod Blagojevich

Market not impressed with Geithner

Rewind to January 21st and hear Ron Paul’s take on Timothy Geithner as Secretary of Treasury, and the financial crisis in general.

“The system is so rotten.  He’s (Geithner) part of the problem.  He was basically in charge of the first part of the TARP fund.  So sombody takes 350 billion dollars, they mess it up, so we promote them.  And he’s generally been able to do that over his career.  Things don’t go well, he gets promoted.”

Whatever you think of Ron Paul, he is a voice crying in the wilderness and nobody is listening.  Nope, not listening.

We are in the hands of Timothy Tax Cheat Geithner.  Comforting, isn’t it?

Posted:  02.11.09

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Filed under Barack Obama, Financial Crisis, politics, President Barack Obama

Geithner confirmed as secretary of the treasury (Update)

WASHINGTON (AP) – The Senate has confirmed New York Fed chief Timothy Geithner to be President Barack Obama’s secretary of the treasury (and head up the IRS).

The 60-34 vote puts Geithner at the helm of Obama’s plan to rescue the economy from the worst financial crisis in three generations. It also dislodges one of Obama’s most troubled nominations.

Some senators were concerned that Geithner, who would oversee the Internal Revenue Service, did not pay all of taxes until he had been tapped to the president’s Cabinet. Geithner called it an unintentional oversight and settled his over $34,000 0verdue tax bill.

I’d like to get a list of the votes,** but some notable Republicans to oppose the nominee is moderate Republican Susan Collins. Other Republicans to announce their “no” votes today, included Chambliss, Inhofe, Thune, and Martinez.

Senator Tom Harkin (D-Iowa) spoke on the floor against the confirmation.

Mr. Geithner not only didn’t pay his taxes according to law but he is the president of Federal Reserve Bank of New York and was the mastermind behind the first $700 billion bailout (TARP) – failure. I wonder if the reason he just has to be the Treasury Secretary is because of what someone else might find “buried” at the Treasury Department, as in, how did we get in this mess we’re in and that he can be trusted not to expose anyone?

He is going to be sworn in right away, as in a matter of seconds!

This is pretty disgraceful.

UPDATE:**

votingroll

Thanks to Michelle Malkin for the voting list.  She has a video on her site of Senator Inhofe of Okalahoma who states the case for a NO vote very well.

Posted: 01.26.09

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Filed under Barack Obama, Financial Crisis, politics, President Barack Obama, Uncategorized

Where some have failed to pass muster, Geithner gets a pass

Zoe Baird: President Clinton’s first choice for attorney general, Baird withdrew her nomination in January 1993 after admitting she violated federal law by employing an illegal immigrant Peruvian couple as household help and failing to pay taxes on their $2,000 monthly wages. At the time, Baird was chief legal counsel for Aetna Life & Casualty Co. in New Haven, Conn., earning $500,000 a year. The Peruvian woman cared for Baird’s son; her husband was Baird’s chauffeur. A 1986 federal immigration law made it illegal to hire undocumented workers.

U. S. District Judge Kimba Wood: Expected to be Clinton’s second choice for attorney general, Wood withdrew her name from consideration two weeks after Baird. The New York judge said her baby sitter of seven years had been in the country illegally when she was hired in early 1986. Such employment was not against the law at the time. Wood stressed that she had broken no laws and had paid the required employment taxes. 

    Tell me how the following would not disqualify Timothy Reichter from serving as Secretary of the Treasury, head of the IRS?
    The disclosure Tuesday that Obma’s choice for treasury secretary, New York Federal Reserve chief Timothy Geithner, failed to pay $34,000 in taxes and employed a housekeeper without proper immigration papers was another jarring distraction just days before Obama’s inauguration – and raises fresh questions about his team’s judgment, vetting procedures and political sensitivities.
    This is wrong for several reasons, not the least of which is that it is not fair to those who have been disqualified before him for the same thing.  Nothing is fair any more, there is no equity, all are not treated equally and held to the same standard.  And I don’t care to rush into this the same way the Wall Street bailout was rushed into.  Others have been disqualified for the same or lesser offenses and to put him in charge of the U. S. Treasury and the IRS when he can’t pay his own taxes is beyond ridiculous.
    Harry Reid says it’s just a little hiccup.
    Posted:  01.14.09

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Filed under Barack Obama, Financial Crisis, Law, politics, President Elect Barack Obama, Sarah Palin, Uncategorized

Billions going into a bottomless pit

First $350 billion gone with the wind.  Seeking release of the remaining $350 billion.  Obama stimulus package amount unknown but rumored to be $850 billion and that’s probably on the short side.

ABUSE INHOFE 

Senator James Inhofe

I don’t know Senator James Inhofe but I couldn’t agree with him more.  He recently said in an interview the following:

U.S. Sen. James Inhofe tells Newsmax that Congress’ approval of the $700 billion Wall Street bailout is the “most outrageous vote in American history.”

“First of all I was somewhat of a leader of the opposition way back in October, in mid-October,” Inhofe responded.

“I think history will treat that vote as the most outrageous vote in American history, where 75 percent of the House and Senate voted to give an unelected bureaucrat an unprecedented amount of money – the largest amount in American history to be actually voted on at one time, with no strings attached, no guidelines, no oversight.

And there is no money, it has to be borrowed.  And Obama has chosen Timothy Geithner, a man to head up the Treasury, who owes more back taxes than many make in a year.  And because of this drastic situation, we have to hurry, hurry, hurry, and not ask too many questions because we have to have a Treasury Secretary in place. 

Well, would it be asking too much for Obama to choose a man who at least pays his taxes?  If he doesn’t know enough to do that, even if it was a mistake, do we want him in the charge of the United States Treasury, because whoever gets this job will be the next unelected bureaucrat to be in charge of an unprecedented amount of money.  

And I remember Zoe Baird being drummed down for a withholding problem or oversight and she didn’t get the appointment.

I just heard that Bank of America and Citi Bank are coming back for more.  How much longer are we going to stand for this?  How much longer are we going to keep paying taxes and struggle to make a living on what is left?  How much longer before we sleep on the Capitol steps or lie down in the hallways of Congress or turn over a few cars as they did in Athens?  I understand their frustration.

Posted:  01.14.09

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Filed under Financial Crisis, life, politics, Uncategorized