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Thread: The new US Treasury secretary

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    Re: The new US Treasury secretary

    Quote Originally Posted by Moon View Post
    I expect a wee bit more from someone nominated to be Secretary of the Treasury, than I do some random guy on the street. But maybe it's just me.
    So like the other rightwing apologists, your view of tax evasion/mistakes vary according to who is doing it? I thought that the law is applied to everyone equally? Would you expect more from a Senator and presidential nominee?

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    Re: The new US Treasury secretary

    Quote Originally Posted by winston53660 View Post
    I'm hoping he brings a little bit of sense to the tax code for us freelancers 1099ers
    Dream on, hehehe.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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    Re: The new US Treasury secretary

    Quote Originally Posted by Slippery Slope View Post
    IOW, tax evasion or "mistakes" only matter if you are going to work in the government? I don't recall any of you repubs making such a stink over McCain or Joe the not so much a plumber. And your last comment is nothing but hyperbole.
    Wtf are you talking about? Do you not get the simple concept that it's a bigger deal when the SECRETARY OF THE TREASURY willfully fails to pay taxes then when some douchebag plumber does the same thing? I can't believe I have to explain this.
    People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

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    Re: The new US Treasury secretary

    Quote Originally Posted by Slippery Slope View Post
    The guy didn't pay some taxes on time and you fault him for it... conversely you don't hold such animosity for, oh, Joe the not so much a plumber who, also was delinquent on some taxes, as was McCain.
    You have got to be kidding with this lame attempt at equivalence. Joe the plumber had a $1,200 tax lien that he didn't even know about and the courthouse official even attested to this point noting that Joe probably didn't know unless he checked his credit record because the notice of his tax debt was sent to his previous residence.

    Geithner on the other hand was an official at the IMF. His employment arrangement was such that he was responsible for paying both the employee and employer portions of his SS and Medicare taxes. Every quarter the IMF REIMBURSED him for these taxes and he signed a form acknowledging his responsibility to pay them. He purposely ignored his obligation. Then when he was audited and it was discovered that he had evaded taxes in 2001, 2002, 2003, and 2004, the statute of limitation had elapsed for his 2001 and 2002 obligations, so he didn't pay them, but he paid his 2003 and 2004 obligations after being caught as a tax cheat. Further, he defrauded the government by claiming his kids summer camp expenses as daycare expenses. He was content to skate on the 2001 and 2002 obligations by taking advantage of the statute of limitations until he was nominated and only then did he come forward and pay what he owed.

    Joe the plumber was the victim of inefficient bureaucracy that sent his tax notice to an old address and then simply filed a tax lien against him. Geithner purposely set out to cheat on his tax obligation, took advantage of statute of limitations and lied before Congress with his explanations.

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    Re: The new US Treasury secretary

    Geithner is the classic example of someone who is failing upwards:
    "Mr. Geithner has been involved in just about every flawed bailout action of the previous administration," said Sen. Jim Bunning, R-Ky. "He was the front-line regulator in New York when all the so-called financial innovations that have recently brought our markets to their knees became widespread."
    When most people fail at their job they're either fired or demoted, but when you get to the top ranks of your profession, especially if you're politically connected, this process is turned on its head and your rewards for failure is promotion and for spectacular failure you get promoted to be the Secretary of the Treasury. Further, you can count on liberal partisans coming to your defense and minimizing your failures by pointing to plumbers in Ohio who owe $1,200 in taxes that they weren't notified that they owed.

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    Re: The new US Treasury secretary

    Tim Geithner and Larry Summers are crooks.

    You cannot appoint anyone from the Federal Reserve Bank scam or the Council on Foreign Relations to any position in the Government and preach about "change".

  7. #27
    Why so serious?

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    Re: The new US Treasury secretary

    Quote Originally Posted by Slippery Slope View Post
    So like the other rightwing apologists, your view of tax evasion/mistakes vary according to who is doing it? I thought that the law is applied to everyone equally? Would you expect more from a Senator and presidential nominee?
    Of course the law applies equally to everyone, and I never said otherwise. Do I expect the Treasury Secretary nominee to be someone who hasn't broken the law, especially the laws regarding taxes? Yes. Why you don't is beyond me. Could it be that you're a leftwing apologist?
    "I believe in a Spinoza's God who reveals himself in the harmony of all that exists, but not in a God who concerns himself with the fate and actions of human beings."

    --Albert Einstein, 1929

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    Re: The new US Treasury secretary

    Quote Originally Posted by Gibberish View Post
    You would rather Obama appoint cabinet members with no political experience? That's the only way you wouldn't be able to classify someone as not a "regular politician".
    You trying to miss the boat on purpose here? Well you succeeded. Need a towel?
    Last edited by American; 01-31-09 at 09:35 AM.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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    Re: The new US Treasury secretary

    Quote Originally Posted by Moon View Post
    Of course the law applies equally to everyone, and I never said otherwise. Do I expect the Treasury Secretary nominee to be someone who hasn't broken the law, especially the laws regarding taxes? Yes. Why you don't is beyond me. Could it be that you're a leftwing apologist?
    Again, I never said anything about it being right or wrong I simply noticed that repubs are all over this but weren't outraged by their own doing the same. Shouldn't you all have been outraged by McCain's tax evasion? I notice you all dismiss Joe the not so much a plumber as just a peon so it doesn't matter but you ignore McCain.

    It's amusing to see you call me a leftwing apologist when I never took Gietners side. I only commented on the right's hypocrisy. Who's the apologist now?

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    Re: The new US Treasury secretary

    Quote Originally Posted by RiverDad View Post
    You have got to be kidding with this lame attempt at equivalence. Joe the plumber had a $1,200 tax lien that he didn't even know about and the courthouse official even attested to this point noting that Joe probably didn't know unless he checked his credit record because the notice of his tax debt was sent to his previous residence.

    Geithner on the other hand was an official at the IMF. His employment arrangement was such that he was responsible for paying both the employee and employer portions of his SS and Medicare taxes. Every quarter the IMF REIMBURSED him for these taxes and he signed a form acknowledging his responsibility to pay them. He purposely ignored his obligation. Then when he was audited and it was discovered that he had evaded taxes in 2001, 2002, 2003, and 2004, the statute of limitation had elapsed for his 2001 and 2002 obligations, so he didn't pay them, but he paid his 2003 and 2004 obligations after being caught as a tax cheat. Further, he defrauded the government by claiming his kids summer camp expenses as daycare expenses. He was content to skate on the 2001 and 2002 obligations by taking advantage of the statute of limitations until he was nominated and only then did he come forward and pay what he owed.

    Joe the plumber was the victim of inefficient bureaucracy that sent his tax notice to an old address and then simply filed a tax lien against him. Geithner purposely set out to cheat on his tax obligation, took advantage of statute of limitations and lied before Congress with his explanations.
    That's odd that you happen to know that Geithner PURPOSELY cheated on his taxes and lied to Congress. Why don't you round up your evidence and get it to the authorities ASAP?

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