Tax cheat Timothy Geithner out, Jamie Dimon in as U.S. Treasury Secretary?

timgeithner According to Newsmax, several U.S. policy makers consider JPMorgan Chase & Co Chief Executive Jamie Dimon as a potential successor to U.S. Treasury Secretary Timothy Geithner, the New York Post said, citing sources. Dimon has said “would love to serve his country,” the paper quoted people familiar with his thinking as saying.
Read more

November 23, 2009 · Filed Under Tax Cheats, Tim Geithner

Comment 

Another Obama nominee faces tax troubles – Lael Brainard

Stop me if you’ve heard this one before. Another Obama nominee has tax issues! Impossible you say? I know, it sounds so far fetched how a the Messiah, the President of “hope and change” could make this mistake, AGAIN. Her name is Lael Brainard and she is Obama’s nominee for undersecretary of the Treasury for international affairs (ironic isn’t it?) Lael Brainard was late in paying real estate taxes in 2005, 2006 and 2007 according to the AP. The AP though seems a biut off in its counting. They claim this is the fifth Obama nominee with tax issues. Maybe they forget a couple of the other Obama nominees who have “issues” with taxes such as Timothy Geithner, Tom Daschle, Hilda Solis, Nancy Killefer, Ron Kirk and Kathleen Sebelius. By my count, this is now the 7th Obama nominee with tax issues, but maybe the AP is simply using the Recovery.gov standard for adding up things.

Read more

November 18, 2009 · Filed Under Tax Cheats

1 Comment 

Jim Demint owns and destroys tax cheat Tim Geithner

Whats the exit strategy Timmy? “That’s hard to say right now,” is the only reply Geithner could muster when Jim Demint questioned him. Here’s the complete exchange from the Washington Post:

GOP Senator Hammers Geithner

11:29 A.M.: Geithner was hammered by a Republican senator decrying Treasury’s growing power over the American economy.

“This is not mission-creep,” said Sen. Jim DeMint (R-S.C.). “This is a stampede of any traditional understanding of constitutional boundaries.”

DeMint called Geithner the chief executive of the American economy. And he didn’t mean it in a good way.

DeMint complained that “we hear very little talk about exit strategies.” He asked Geithner how much of the $700 billion government bailout will be returned to Treasury’s general fund within five to six years.

“That’s hard to say right now,” Geithner said, deflecting: “If we are successful, that money will come back with substantial interest.”

Geithner added that the way the bailout was designed, for each $1 that is paid back, $1 can be lent back out.

“So it’s your understanding that you have $700 billion to use permanently as you see fit?” DeMint asked incredulously.

Geithner wouldn’t take the bait. “I’m not quite sure ‘permanently’ is right,” he said.

BTW, anyone remember the movie BASEketball? Doesn’t tax cheat Geithner look a little like Squeak Scolari?

May 20, 2009 · Filed Under Porkulus, Tax Cheats, Tim Geithner

1 Comment 

And now the SIXTH Obama Cabinet nominee, HHS nominee Kathleen Sebelius is a tax cheat!

Count ‘em. SIX Tax Cheat. Well technically FIVE tax cheats, plus a spouse of a tax cheat.  Today comes word about the fourth tax cheat nominated by Obama to his Cabinet. Today the tax cheat is Kathleen Sebelius, who replaced another tax cheat Tom Daschle to be Obama’s HHS. CBS has the info:

The wire service reports that she and her husband paid just over $7,000 in back taxes, along with $878 in interest, for the years 2005-2007

Here’s the list of Hussein Obama’s Tax Cheat nominees (so far) in addition to Sebelius:
Tom Daschle, the first HHS nominee,
Chief performance officer nominee Nancy Killefer.
Treasury Secretary Timothy Geithner,
US Trade Representative Ron Kirk
Labor Secretary Hilda Solis’s (husband)

March 31, 2009 · Filed Under Obama's Cabinet, Obama's tax cheaters, Tax Cheats

10 Comments 

Geithner speaks, dollar plummets, now tax cheat is open to the ‘China Proposal!’

Treasury Secretary and Tax Cheat Tim Geithner sent the dollar tumbling after comments he made about China’s ideas for overhauling the global monetary system. According to Bloomberg:

Geithner was initially asked at a Council on Foreign Relations event in New York about proposals from People’s Bank of China Governor Zhou Xiaochuan for a new international reserve currency. He said “as I understand his proposal, it’s a proposal designed to increase the use of the IMF’s special drawing rights. And we’re actually quite open to that.”

The dollar slid as much as 1.3 percent against the euro within 10 minutes of news accounts of Geithner’s remarks. The U.S. currency was down 0.6 percent at $1.3553 as of 12:31 p.m. in New York.

Roger Altman, who worked with Geithner as deputy Treasury secretary in the Clinton administration, later asked Geithner whether he wanted to “clarify” his remarks.

“I’d like to ask one final question, in effect on behalf of the market,” said Altman, founder of Evercore Partners Inc. “Let me ask the question this way. Do you see any change over the foreseeable future in the basic role of the dollar as the world’s key reserve currency?”

‘Strong’ Dollar

March 25, 2009 · Filed Under Tax Cheats, Tim Geithner

Comment 

No one wants to work for tax cheat Geithner – STILL!

Frank Brosens, a hedge fund manager who was  tax cheat Geithner’s choice to run the office overseeing the $700 billion bank bailout program withdrew his name from consideration. Wow another one? Bloomberg has the info:

Frank Brosens, a founding partner of Taconic Capital Advisors LLC, confirmed in an e-mail he is no longer in the running for the job, which requires Senate confirmation. The position is currently held by Neel Kashkari, a holdover from the Bush administration.

Geithner is having difficulty filling vacancies and is President Barack Obama’s only confirmed appointment at the department as the administration grapples with the biggest financial crisis since the Great Depression. At a congressional hearing today, the Treasury chief said that hiring isn’t easy.

“We’re finding a lot of people willing to come serve their country at this moment of challenge, and I think that’s very encouraging,” Geithner told the House Financial Services Committee. “We’re going to need some more people, though, and we’re working very hard to bring in enough talent to help us get through this.” . . .

March 25, 2009 · Filed Under Tax Cheats, Tim Geithner

Comment 

The most toxic ‘asset’ of them all. Tax Cheat Tim Geithner loses another deputy – Cohen now comes the *4th* pick to pull out from working with Turbo Taxcheat Geithner

Yet again, the man who cheated on his taxes, but yet HAD to be confirmed as Hussein Obama’s Treasury Secretary: Turbo Tax Cheat Tim Geithner loses another deputy. Does anyone really want to work for this tax cheat? Do other tax cheats even want to bother? Washington Post has the following info:

H. Rodgin Cohen, chairman of the New York law firm Sullivan & Cromwell, has withdrawn his name from consideration for deputy Treasury secretary, becoming the fourth pick for a prominent Treasury Department post to pull out in recent weeks.

A prominent attorney who has advised many of the top Wall Street firms, Cohen dropped out after the White House found an issue during his vetting process, two sources familiar with the matter said. The sources declined to identify the reason. Cohen did not respond to messages seeking comment.

Though the Treasury is filling its lower-level positions, the thin ranks on the senior levels are taking a toll on the department’s ability to deal with a financial crisis that continues to deepen in scope and complexity, government and industry officials say.

Gus O’Donnell, Cabinet Secretary for the British government, was quoted this week in British news reports saying it has been “unbelievably difficult” to talk to people at the U.S. Treasury: “There is nobody there.”

March 13, 2009 · Filed Under Tax Cheats, Tim Geithner

Comment 

Tax Cheat Tim Geithner – Capitalism will be difference now!

The reason why this country is in the sorry shape it is in right now is purely the result of government intervention in the markets (such as artificially lowering interest rates,Fannie and Freddie giving mortgages to those who couldn’t afford one in the first place). This whole lack of “capitalism” is what got us here in the first place. You can also thank Bush for expanding this BS with that whole TARP fiasco. But don’t you worry. Now the Treasury Secretary and tax cheat Tim Geithner says Capitalism will be different now? You mean even more like socialism? Watch the following video:

March 11, 2009 · Filed Under Tax Cheats, Tim Geithner

2 Comments 

Less than one month after TaxCheatStamps.com is made public, creator of site Michael Williams gets audited. Coincidence or no?

Coincidence? I think not. Remember less than a month ago when the Tax Cheat stamp story broke from Michelle Malkin’s site? It was a major hit with people who bought these up in droves. Check out what Michael Williams, creator of the site TaxCheatStamps.com had to say:

Today I received a letter from the IRS that my 2007 tax returns are being audited. Less than one month after launching TaxCheatStamps.com.

There’s a list of “proposed changes” they want to make to my 2007 return that would require me to pay almost $14,000 in taxes, penalties, and interest. All the “discrepancies” they list are bogus and I have documentation to prove it. I keep meticulous records and always pay every cent I owe to Uncle Sam. We’re going to talk to a lawyer ASAP.

There is no doubt in my mind that my family is being politically persecuted for making a mockery of our new Treasury Secretary Tim Geithner and the Obama administration.

Honestly, we’re scared. We haven’t done anything wrong (and I’ve got the documents to prove it in storage) but now the IRS is coming after us and they can destroy our lives with a flick of their pen. I don’t want to sound like a coward, but I’m so scared I’m literally shaking. We’ve got a seven-week-old daughter.

I suppose it’s a sort of honor to be persecuted like this. I’d really appreciate it if people would blog about this and link to this post. (And a prayer wouldn’t hurt.)

Thanks to reader Linda for the news.

March 9, 2009 · Filed Under Tax Cheats, Tim Geithner

Comment 

Taxman! Charlie Rangel’s response to Rangel’s mounting ethical and financial scandals? “Why don’t you mind your goddamned business?”

One of the “men” responsible for writing the tax code, who himself admitted that its “too complex to understand”, and is yet another Democrat tax cheat was confronted by Hot Air TV special correspondent Jason Mattera.

When confronted by Mattera, Charlie Rangel had message for Jason and all you other “annoying” tax payers curious about his publicly-subsidized Cadillac, unpaid taxes, and shady rental property deals:

“Why don’t you mind your goddamned business?”

Michelle Malkin who wrote the details about the above article, also posted a video of the confrontation on YouTube. Check it out below:

According to Michelle Malkin, theres FINALLY a media outlet covering this. The DC examiner has the story. Let see if anyone else picks up on this.

March 9, 2009 · Filed Under Charlie Rangel, Tax Cheats

1 Comment 

Good news! Goodnight now “Car czar” – bad news – Tax Cheat Geithner in!

Tim Geithner, the man who cheats on his taxes. The man who was basically the laughing stock of the day when he couldn’t announce his “plan” to help recover the economy, the man in charge of YOUR taxes, will now be in charge of the auto industry’s restructuring!

We are truly living an Ayn Rand novel-come-to-life nightmare:

President Obama has given up on landing a “car czar” to oversee the auto industry’s restructuring. Instead, Treasury Secretary Tim Geithner will be in charge, administration officials said Sunday night.

The czar was to have evaluated turnaround reports that are due Tuesday from GM and Chrysler as part of the agreement giving them bailout funds at the end of the Bush administration.

Administration officials said restructuring expert Ron Bloom, a former investment banker who been advising the United Steelworkers, will become a senior adviser at the Treasury Department, in charge of helping a Presidential Task Force on Autos drawn that will be from across the executive branch.

The “Presidential Task Force makes clear that this is a top priority of the President and the administration, and this is the team that will be evaluating the auto viability plans that are submitted on Tuesday,” a senior administration official said.

The official said: ‘We had never said we were going to do a czar, so it’s incorrect to say as some people are that we changed plans. The president felt this was best approach.”

Industry officials said the leading candidate for car czar was celebrity financier Steven Rattner, the private-equity executive and former New York Times reporter.

Tresuary Secretary tax cheat and bailout failout architect Tim Geithner will fork over more money:

Members of the task force will be drawn from relevant cabinet agencies and offices, including the Departments of Treasury, Labor, Transportation, Commerce, and Energy, the National Economic Council, the White House Office of Energy and Environment, the Council of Economic Advisers and the EPA.

–The president has designated the Treasury Secretary to be the president’s designee for official purposes to oversee the loan agreements with the auto companies.

***

Big Labor gets a Big Seat at the table.

February 16, 2009 · Filed Under Tax Cheats, Tim Geithner

Comment 

Tax cheat Tim Geithner a laughingstock – stock market drops nearly 400 points as he speaks

So this is the Tim Geithner, that despite being a tax cheat (typical democrat), HAD to be confirmed or else this country’s economy would die. This is the same tax cheat Tim Geithner that was the “genius”, the man with the plan to fix all the things wrong in the ailing economy. Apparently, this tax cheat Tim Geithner may be as dumb and useless, if not more so than Hank Paulson. The stock market, as he spoke today, with no clear cut plan on what to do, continued to drop and drop and drop, at one point dropping nearly 410 points, and ending the day dropping almost 382 points.

Administration officials were greeted with sarcasm and laughter Monday night when they briefed lawmakers and congressional staff on Treasury Secretary Tim Geithner’s new financial-sector bailout project, according to people who were in the room.

The laughter was at its height when Obama officials explained that the White House planned to guarantee a wide swath of toxic assets — which they referred to as “legacy assets” — but wouldn’t be asking Congress for money. Rep. Brad Sherman (D-CA), a bailout opponent in the fall, asked the officials to give Congress the total dollar figure for which they were on the hook. The officials said that they couldn’t provide a number, a response met by chuckling that was bipartisan, but tilted toward the GOP side.

February 10, 2009 · Filed Under bail outs, Democrats, Tax Cheats, Tim Geithner

Comment 

← Previous Page