Tuesday, February 10, 2009

Timmy We Hardly Knew Ye II

Maybe it's just because I predicted, back in December, that Geithner would be the pick for Treas Sec (I'm huge in Brazil, HUGE I tell you!)....

But it bugs me that he did such a remarkably craven and illegal thing, and then got rewarded for it. Check this out.

Excerpt:

Tim Geithner must be wondering where he fits in now that principles have triumphed over personality. Geithner played by the prominent-people’s rules, cut corners on his taxes, found religion, said he was sorry, said he was sorry again, and won Senate confirmation as Treasury secretary by a vote of 60-34. It was the narrowest margin for a Treasury secretary in more than half a century.

If Obama screwed up in nominating and backing Daschle, the former Senate majority leader who ponied up $140,000 in back taxes and interest, what does that say about his support for Geithner?

Geithner (B.A., Dartmouth College, 1983; M.A. in economics, Johns Hopkins, 1985) was in arrears to the Internal Revenue Service, an agency he now heads, for $50,000. Somehow he “missed” the part in the annual hand-outs from the International Monetary Fund, his former employer, where he was told about his obligation to pay Social Security and Medicare taxes -- a document he signed annually in order to get reimbursed.