Republican Jim Bunning of Kentucky told Geithner his failure to pay the taxes fully until just before his selection by Obama was announced was "hard to explain to my constituents who pay these taxes on a regular basis."
Grassley said he recognizes that many in Congress view Geithner, who worked closely with the outgoing administration on Wall Street's meltdown as head of the New York Federal Reserve Bank, as "possibly the only man for the job of healing the recession before us and a very fractured economy."http://news.yahoo.com/s/ap/20090121/ap_on_go_ca_st_pe/treasury_geithner
Geithner's our new Treasury Secretary, unfortunately he didn't know how to pay his taxes for a few years, helped with our current economic crisis and is going to lead us into an even darker red hole of debt. If you haven't already heard the Senate Confirmation hearing for Tim Geithner, take a looksy below.
If you listen around the 40 second mark, you'll learn Geithner's been helping out with our current downfall: http://www.cnbc.com/id/15840232?video=1007899019
start at the 1 minute mark: http://www.youtube.com/watch?v=VY2TNV5X8aM&eurl=http://www.realclearpolitics.com/video_log/2009/01/geithner_faces_questions_from.htmlMy thoughts: They couldn't think of someone else that could do this job? Sad. I can think of a few Republicans, but you're right... not many democrats.
Your Opinion?
2 comments:
Warren informed me that according to Obama, we're now "the rich". How scary is that?!! His commission is already taxed at like 30% or so. Hating this already...
that's why I like the "Rangel Rule" that was introduced in the House this session:
"All U.S. taxpayers would enjoy the same immunity from IRS penalties and interest as House Ways and Means Chairman Charles Rangel (D-NY) and Obama Administration Treasury Secretary Timothy Geithner, if a bill introduced today by Congressman John Carter (R-TX) becomes law.
Carter, a former longtime Texas judge, today introduced the Rangel Rule Act of 2009, HR 735, which would prohibit the Internal Revenue Service from charging penalties and interest on back taxes against U.S. citizens. Under the proposed law, any taxpayer who wrote “Rangel Rule” on their return when paying back taxes would be immune from penalties and interest."
[http://corner.nationalreview.com/post/?q=NDQ2NjlmZmRiOTQzODNhYzMxMjJiNzY1OWQxZDhjODA=]
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