Wednesday, January 14, 2009

Treasury Nominee Should Withdraw, or Be Withdrawn

Do we need a Secretary of Treasury -- the guy in charge of the IRS, the Secret Service, and who knows how many trillions of dollars in federal buyout, er, bailout funds -- who doesn't pay his taxes until he's about to get caught?

It may be that Timothy Geithner, until recently one of the Federal Reserve board members, is a true financial genius, but his character does not bear scrutiny. If the Senate confirms his nomination as Treasury secretary, then truly we are no longer a nation of laws but of men, and it becomes more and more obvious that the rules by which us lowly peons are expected to play by are not the rules of the elite.

By the way, did we forget to tell you that Geithner is considered the architect of the TARP ("bailout") program?

Shame on Barack Obama that Geithner's name has not already been pulled from consideration.

The AP report doesn't even adequately detail the full truth of the scandal, but it does include the typical responses we've come to expect from our "leadership" in Washington.

Senate Majority Leader Harry Reid, D-Nev., dismissed the events as "a few little hiccups," and said he was "not concerned at all" about the impact.

Obama reiterated his support for Geithner.

Harry Reid wouldn't know corruption if it bit him on the ass.

For more details on how the Associated Press is trying to white-wash this guy's nomination, read this post over at BizzyBlog.

UPDATE -- Byron York has the damning details on how the IMF (International Monetary Fund) reimbursed Geithner for taxes he did not pay. More grist for the mill.


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