Saturday, July 28, 2012

Geithner’s Waterloo!

Flopping Aces ^ | 07-27-12 | James Raider



When Tim Geithner became Treasury Secretary he was appointed even though he had skipped on taxes and paid $42,702 to make up his omission. He pretended at the time that this failure to pay taxes owed for a number of years had simply been an oversight. Anyone really paying attention at the time, and applying reasonable judgment, was astonished. The Former head of the New York Fed was being placed into the control seat of the Nation’s Treasury.


Not a single taxpayer in the Nation who trudges through the annual process of filing income taxes believed Geithner’s excuses on this egregious wrong doing. The MSM however slobbered all over itself protecting Obama’s nominee, pretending that when someone so busy and so smart is working so selflessly for his country, he can forget to pay his taxes. That was a lie. Average wage earners, millionaires and billionaires do not forget to pay their taxes - minimize them as mush as they can, but they don’t forget!


From your very first job you knew, we all knew, to pay our income taxes. We are all intimately familiar with that annual date with destiny - tax time. Still, Geithner was given a pass. We don’t need to get into the details here of the additional distaste his judgment left us with when we discovered he had hired of an undocumented housekeeper.
Was this a telltale? Yes it was - look to what someone did yesterday, and you’ll know what he or she will do tomorrow. It’s called listening. It’s called paying attention. It’s called basic human common sense. We find ourselves with an MSM void such competence, and too broad a sector of the electorate willing to forego such proficiency.
We skip forward to this week’s Congressional hearings, and witness our same Tax avoiding Treasury Secretary, the very same person who pushed for the bailout of AIG, slipping on a pair of Gretzky skates, racing circles around the rink, and slapping pucks at the foreheads of the questioning House Financial Services Committee. Gretzky would have been envious. How dare a bunch of Representatives ask impudent questions of Geithner about something so complex as Libor?
(Excerpt) Read more at floppingaces.net...

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