Thursday, January 22, 2009

NO to Geithner - Take Action Now!

The Finance Committee voted 18-5 in affirmative today for Tim Geithner to be the head of the Treasury Department. Now he will move on to full Senate confirmation.

Here are the questions surrounding Tim-

  • He didn't pay taxes from 2001 - 2004. That right there should disqualify him from the position, he will the boss of the IRS.
  • His employer during that time, the IMF, gave him extra money to pay those taxes and he signed a form acknowledging that the money given to him was for taxes.
  • When he was audited he paid the back taxes, plus interest, for 2003 and 2004. But not for 2002 and 2001.
  • When President Obama hinted to him that he would like him to serve as Treasury head in November all of the taxes were paid in full.
  • During Senate confirmation hearings he claimed that his self-employment taxes were too complicated. He said he forgot about them. He said he was sorry. Best of all, he blamed TurboTax for his mistakes.
This man is head of the New York Federal Reserve bank and high up in the IMF and he uses TurboTax for his taxes? Really? You have to be joking, right? The man who would be head of the IRS didn't pay his taxes for 4 years and acknowledged that he didn't. My son Elias has a better tax record than this guy. Mr. Geithner took money from his employer to pay them and then used it on other things. He is the architect of the first bailout, you know, the one that has worked so well. This is the man that you want handling your money?

Here is a quote from a committee member that voted affirmative for him-

One committee member, Sen. Kent Conrad, D-N.D., a former tax commissioner, said in normal times, Geithner's failure to pay his taxes would have led Conrad to oppose the nomination.

"But these are not normal times," Conrad said. He said the economy's not "out of the woods" and touted Geithner's extensive experience at a time when the country needs a treasury secretary imminently.

Unbelievable. Incredible. Do they think we are dumb enough to agree with this?

Time for action, call your Senator. Today. Tell him/her that Timothy Geithner is absolutely unacceptable to be head of the Treasury.

What are we doing accepting this farce?

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