A Common Honest Mistake: –Give Me A Break

Posted on January 27, 2009. Filed under: Blogroll, Investments, Law, Links, Philosophy, Politics, Quotations, Regulations, Resources, Talk Radio, Taxes, Video | Tags: , , , , , , , , , , , |

“An error doesn’t become a mistake until you refuse to correct it.”

~Orlando A. Battista

Pair of Cheaters--Obama and Geithner--They Got Caught--Reward--A Government Job

Pair of Cheaters--Obama and Geithner--They Got Caught--Reward--A Government Job

 

Mistakes Were Made–we got caught cheating.

Takes one crook to hire another crook.

The ethically challenged administration begins.

Congress should have voted against Geithner appointment as Treasury Secretary.

The American elites will rue the day they allowed this appointment to go through.

Have you no shame?

Apparently not.

Any politician that votes for Timothy Geithner as Treasury Secretary will not be getting my vote.

 

 

 

Tax Cheat

 

Red State Update: Obama’s Treasury Sec Pick Didn’t Pay Taxes

 

Obama’s Treasury Pick’s “Mistakes”

 

GEITHNER: Critical, Careless, Avoidable, Regrettable Mistakes? Seriously?

 

Obama: Geithner Situation an ‘Embarrassment’

 

Geithner: Once the IRS audit showed failure to pay taxes, why didnt Geithner correct 2001 and 2002 failure?

 

Ron Paul Discusses Geithner On Bloomberg TV 01/21/2009

 

Obama’s Rezko real estate deal

 

Neal Boortz on Obama Rezko Scam

 

 

Obama ACORN and FRAUD

 

President John F Kennedy Secret Society Speech version 2

 

LOL: Red State Update: Obama Week One–Inauguration, Secret Oath

 

 

Background Articles and Videos

 

Inhofe Floor Speech Opposing Geithner Confirmation

Geithner Accepted IMF Reimbursement for Taxes He Didn’t Pay
The problem with the treasury secretary-designate’s tax records.

By Byron York

 

“…Documents released by the Senate Finance Committee strongly suggest that Geithner knew, or should have known, what he was doing when he did not pay self-employment taxes in 2001, 2002, 2003, and 2004. After his failure to pay was discovered, first by the IRS and later during the vetting process, Geithner paid the federal government a total of $42,702 in taxes and interest.

The IMF did not withhold state and federal income taxes or self-employment taxes — Social Security and Medicare — from its employees’ paychecks. But the IMF took great care to explain to those employees, in detail and frequently, what their tax responsibilities were. First, each employee was given the IMF Employee Tax Manual. Then, employees were given quarterly wage statements for the specific purpose of calculating taxes. Then, they were given year-end wage statements. And then, each IMF employee was required to file what was known as an Annual Tax Allowance Request. Geithner received all those documents.

The tax allowance has turned out to be a key part of the Geithner situation. This is how it worked. IMF employees were expected to pay their taxes out of their own money. But the IMF then gave them an extra allowance, known as a “gross-up,” to cover those tax payments. This was done in the Annual Tax Allowance Request, in which the employee filled out some basic information — marital status, dependent children, etc. — and the IMF then estimated the amount of taxes the employee would owe and gave the employee a corresponding allowance.

At the end of the tax allowance form were the words, “I hereby certify that all the information contained herein is true to the best of my knowledge and belief and that I will pay the taxes for which I have received tax allowance payments from the Fund.” Geithner signed the form. He accepted the allowance payment. He didn’t pay the tax. For several years in a row. …”

 

 

 

 

http://article.nationalreview.com/?q=YzJjOGQyODY2ZjhhMWY4Y2U3YmVkMjhlMWQ2MWZiNTA=

 

Top Ten Disturbing Aspects of Obama’s Choice of Treasury Secretary

“…4. Press coverage

The Associated Press and other media outlets relentlessly drone on about tax “discrepancies,” “tax goofs,” and the nomination’s supposed inevitability. Geithner’s partial reimbursements for taxes he didn’t pay and the related false attestations, which York obtained from Senate sources, are being ignored. There is no chance that a GOP president could nominate someone with Geithner’s tax problems for any cabinet position, let alone Treasury secretary, and get such a pass from the press.

3. Possible press conflicts of interest

Cliff Kincaid at Accuracy in Media points out that some press outlets are parts of larger firms with financial stakes in the financial bailout. Example: General Electric, which owns NBC, also owns bailout recipient GE Capital. GE CEO Jeffrey Inmelt is also on the New York Fed’s board.

2. Disparate treatment of previously pulled nominees

Zoe Baird (Clinton, 1993), Kimba Wood (Clinton, 1993), and Linda Chavez (Bush, 2001) all had relatively minor or potential issues with self-employment taxes on household help. Geithner’s unpaid amounts were exponentially larger. Is there a whiff of male chauvinism in the air?

1. Barack Obama’s reaction

No president in my lifetime would have dared to nominate Geithner. But “44″ Obama calls Geithner’s problems a mere “embarrassment.”

It leaves you wondering if anyone in Washington knows or cares about the difference between right and wrong. We’re expected to overlook Geithner’s problems because he is supposedly the only person in a nation of 200 million adults who can do the job. Give me a break.

If he really knows the pertinent facts, Barack Obama’s ringing defense of Geithner should cause the American people to question his fundamental “judgment to lead.” …”

 

http://pajamasmedia.com/blog/top-ten-disturbing-aspects-of-obamas-choice-of-treasury-secretary/

Wall Street Rapes America, Edition 9

“…Wall Street is a very tough place, if you don’t know what is going on, your money will be taken from you. I can’t think of a more outrageous rape of the taxpayer, ever, than the TARP program run by GW Treasury Secretary Henry Paulson. It should be noted that Paulson’s lieutenant in the rape of the taxpayer was Timothy Geithenr, who came up short paying his own personal taxes, but managed to help dole out $350 billion in taxpayer money through TARP and is likely to be confirmed by the Senate today as the new Treasury Secretary.

If you get the sense today that someone is laughing at you behind your back, you’ll be right. It’s Geithner. …”

http://www.economicpolicyjournal.com/labels/TimothyGeithner.html

 

 

Giving in to Geithner: The B.O. Republicans bow down

“…he Barack Obama Republicans are Bending Over again.

For weeks, we’ve watched capitulationsist GOP Senators rationalize away Treasury Secretary nominee Tim Geithner’s tax, legal, and bailout failout troubles. Sen. Orrin Hatch insists he’s “very competent.” Sen. Lindsay Graham lectured us not to be “small” about it. Five B.O. Republicans on the Senate Finance Committee supported Geithner, five opposed him.

The final vote is set tonight. And the outcome is preordained (or, as Spike Lee puts it, pre-deortained): Geithner will sail through with token opposition. …”

 

http://michellemalkin.com/2009/01/26/giving-in-to-geithner-the-bo-republicans-bow-down/

 

Beck & Malkin discuss Tax-Cheat Tim Geitner

 

 

John Berlau on Timothy Geithner

 

Who is Treasury Secretary Tim Geithner

 

Geithner In Trouble?; Tapping The TARP

 

Obama and Rezko

 

The King Maker (Axelrod’s Obama)

 

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