Reportedly by the end of the month, no matter WHAT happens. The Mayan apocalypse could occur* and Timothy Geithner would still be (allegedly) gone. More importantly, the fiscal situation could be triggering an epic governmental meltdown and Geithner would still be leaving vapor trails. Ach, the lack of loyalty from this administration’s Cabinet-level appointees!
…Well, as above: so below.
Anyway, now for the big question. Actually, now to the two big questions. The first question is, What completely unacceptable and dangerously incompetent apparatchik will Barack Obama try to foist off on us? And the second question is, Who will we actually end up with, once enough people gently explain to Barack Obama that he can’t have whoever his first choice is? Continue reading Tim Geithner reportedly about to cut and run from Treasury.
Apparently, “any measurement” doesn’t include the unemployment rate, job growth, number of jobs, wage growth, hours worked, home foreclosures, rate of mortgage delinquencies, etc.
Which leads to the next question: what does ‘any measurement’ include? Surely there’s something that qualifies: for example, I imagine that segment of the sex worker industry that handles corporate lobbyists and union leadership cadres have been enjoying the recent influx of stimulus money. That’s good, right?
Feel free to come up with your own possible examples in comments.
That’s Glenn Reynolds’ advice to anybody who feels obligated to attend a joint Treasury/HUD meeting called for July 28th to address the mortgage crisis. Given that the letter that was sent out is only ‘requesting’ attendance by the most charitable of interpretations (when two Cabinet Secretaries send you a letter about your presence at a meeting, you’re expected to show up), that should be pretty much the top mortgage servicers.
The point is that when liberals and leftists spout conspiracy theories and paranoid delusions — as they have for generations now — it’s written off by the liberal establishment as either an isolated incident, or an understandable exaggeration or, simply, the truth and therefore not a conspiracy theory. And: It Is Annoying.
Which It Is: and I recognize full well that it’s necessary and proper to keep pointing out that the major difference between their nuts and our nuts is that our nuts spout off their conspiracy theories on the Internet and local media outlets, not Congressional committees*. None the less, it’s a particularly thankless task, even if it is necessary. It’s not even the hostile responses that grate (those are, in fact, kind of fun to witness)…
PS: At some point, I guess I should read Liberal Fascism: I hate depleting the personal budget for a partisan political book, but enough people pro-and-con have read and referenced it that at some point I’ll have to take the hit. I’d get it from the library, except that the local one lacks a copy…
*Yeah. Waters was probably talking about the Jews, there. Hey, don’t look at me: it’s not my fault. When my party chose its legislative leaders unwisely we just picked people who bellied up to the trough right next to the Democrats. Besides, at least we kept gas prices down and the Dow up.
Despite the fact that Geithner sailed through the confirmation process—while Daschle went up in flames—Geithner’s tax troubles were actually far more egregious. People tend to give Geithner a pass, because the overall amount he owed was smaller and it just involved Social Security and Medicare, rather than income tax. But Geithner actually acknowledged years ago that he owed the taxes—but didn’t pay them until he was nominated for the Treasury job. That hardly counts as a mistake.
Daschle, for his part, failed to count as income the value of a car and driver he received from a New York private-equity firm, InterMedia Advisors, during 2005-2007. He also overstated charitable contributions and understated income from InterMedia, which paid him $1 million a year. Daschle filed amended tax returns last month reporting $128,203 in additional taxes and $11,964 in interest. The revised tax returns were submitted after President Obama announced that he intended to nominate Daschle to be secretary of Health and Human Services.
Geithner’s situation was nonetheless a bigger ethical lapse. As an employee of the International Monetary Fund in 2001 and later years, Geithner was responsible for sending a check to the IRS to cover his own payroll taxes. He didn’t do so. What he did do was submit a request to the IMF for reimbursement of those taxes. And he collected.
“Come, man!” cried Carthoris. “We are not dead yet. Let us hasten to the avenues and make an attempt to leave the city. We are still alive, and while we live we may yet endeavour to direct our own destinies. Of what avail, to sink spineless
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.
Via AoSHQ, where they’re just as aware as we are that the Democratic Congress would never dare let this become law. After all, where would the country be if the proletariat was able to access the same considerations and exceptions currently enjoyed by the aristos running the place? – Still, nice point there, Warlord.
Obama’s advocate gave her every opportunity to recant her heresy, too.
[UPDATE]: HA! In your FACE, Allahpundit. 60/34. Which still means that we’re putting in charge of our taxes somebody who can’t do his.
But Senator Collins (R-ME) wasn’t having any of it.
Oh, did I say “Obama’s advocate?” I meant to say “Andrea Mitchell, objective journalist for NBC News.” Be sure to go all to the end; the point where Ms. Mitchell plaintively asks why such a moderate Republican as Senator Collins (R-ME) is thinking to hold the line on this one is almost worth it right there. Mind you, Allahpundit’s right: Geithner is going to get confirmed.