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Keyword: taxcheat

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  • Businesses Ask Geithner for More Leeway on Healthcare (Update1)

    05/04/2010 8:49:42 AM PDT · by Nachum · 4 replies · 226+ views
    Business Week ^ | 5/4/10 | Anna Edney
    May 3 (Bloomberg Government) -- The U.S. Chamber of Commerce and 12 other business groups asked members of President Obama’s cabinet including Treasury Secretary Timothy Geithner for more leeway in implementing the health-care overhaul. The groups said they’re being forced to make contract, employee-benefit and other decisions without guidance on how to comply with provisions that take effect in September. The letter dated April 30 was sent to Geithner, Health and Human Services Secretary Kathleen Sebelius and Labor Secretary Hilda Solis.
  • What's Hidden in the Dodd Bill (Tax-cheat Timmy Geithner will monitor all ATM transactions)

    04/30/2010 11:37:42 PM PDT · by Libloather · 13 replies · 982+ views
    Rush Limbaugh .com ^ | 4/30/10 | The Maha
    What's Hidden in the Dodd BillApril 30, 2010 BEGIN TRANSCRIPT RUSH: Some interesting things are being gleaned from the financial regulatory reform bill. The Washington Times has an editorial today, and I'm waiting for the liberals in this country, when they find out about this, to start screaming fascist like they did at Bush over the Patriot Act. Remember, they hated Bush because they were going to spy on them, they're gonna monitor their phone calls out there. Why, why, that's a civil rights violation, human rights violation, fascism, they were just in sheer panic. "The next time you make...
  • Administration to Tea Parties: We're on Your Side (You Lie!!!)

    04/19/2010 10:44:06 AM PDT · by BradtotheBone · 27 replies · 559+ views
    Fox News ^ | April 19, 2010
    Treasury Secretary Tim Geithner said in an interview Sunday, when asked about the Tea Party protests, that the Obama administration is paying more attention to the deficit than the Bush administration did. Tea Partiers, the Obama administration is on your side. That's been the message from the White House over the past few days, as top officials dispute charges that Washington is on a spending binge and encourage conservative protesters to count their blessings. Treasury Secretary Timothy Geithner, when asked about the Tea Party protests, said in an interview Sunday that the Obama administration is paying more attention to deficit...
  • Geithner sees critical moment for financial rules

    04/14/2010 12:11:16 PM PDT · by mlocher · 13 replies · 410+ views
    Reuters via Fidelity.com ^ | April 14, 2010 | Reuters
    WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner said on Wednesday it is a "critical moment" for a financial regulatory overhaul and said he believed a legislative agreement was close. Geithner, briefing reporters at the White House after President Barack Obama met congressional leaders, also said the U.S. economy was "recovering faster than expected" and emerging from recession faster than other global economies. Geithner spoke mostly about the financial regulation debate. "I think it's a critical moment for reform, a promising moment, a lot of hard work, a lot of progress," he said. Rejecting a key Republican argument, Geithner said Obama...
  • IRS could tap refunds for health insurance penalties

    04/06/2010 5:55:28 AM PDT · by NativeNewYorker · 27 replies · 876+ views
    Reuters ^ | 04/06/10
    WASHINGTON, April 5 (Reuters) - The Internal Revenue Service could tap individual tax returns to collect fines against people who fail to buy health insurance as required under recently enacted healthcare legislation, the U.S. tax commissioner said on Monday. Most individuals are required to get health insurance under the new law, or face penalties that would be phased in over time. By 2016, people without coverage could see fines of 2 percent of their income. Subsidies would help poorer people buy coverage, and states would set up exchanges to allow individuals and small groups shop for insurance. People who do...
  • Geithner: Jobless Rate to Stay 'Unacceptably High' for a Long Time (Obama said it won't go above 8%)

    04/01/2010 8:04:20 AM PDT · by tobyhill · 29 replies · 757+ views
    fox news ^ | 4/1/2010 | ap
    Treasury Secretary Timothy Geithner said Thursday it's "deeply unfair" that some financial institutions that got taxpayer-paid bailouts are emerging in better shape from the recession than millions of ordinary Americans. He acknowledged public outrage over that and said people watched with disdain as Washington protected high-risk banks and investment houses, even as the national unemployment rate was soaring to double-digit levels for the first time in a generation. But in a nationally broadcast interview, Geithner also argued that President Obama had no choice when confronted with a financial crisis. "As the president has said, we had to do some very...
  • Charlie Rangel Gets 'Real Men of Genius' Treatment

    03/29/2010 1:48:07 PM PDT · by jimbo123 · 6 replies · 509+ views
    Advertising Age ^ | 3/29/10 | Ken Wheaton
    Stealing a page from Bud Light's radio advertising, right-leaning PJTV.com has created a "Real Members of Congress" spoof targeting Charlie Rangel, D-N.Y., for his tax shenanigans. The title: "Mr. Tax-Law-Writing-Tax-Evader."
  • Berkeley city official resigns after being caught skipping city permit process

    03/18/2010 1:07:33 PM PDT · by SmithL · 13 replies · 560+ views
    Oakland Tribune ^ | 3/18/10 | Doug Oakley
    BERKELEY — A city official who sits on Berkeley's Zoning Adjustments Board resigned from the panel Wednesday evening amid criticism over work he did at his home without permits. Ryan Lau, who also is an aide to Berkeley City Councilman Darryl Moore and was appointed by Moore to the zoning board in January, sent Moore an e-mail explaining his decision, which was effective immediately. "I apologize for any embarrassment that I may have caused to you and the city," Lau said. "I am in the process of working with the city's planning department to resolve this matter." Lau said he...
  • Out as Ways and Means chairman, Rep. Charlie Rangel is sad, lost and alone in his own thoughts

    03/04/2010 4:38:41 AM PST · by Zakeet · 88 replies · 2,700+ views
    New York Daily News ^ | March 4, 2010 | Richard Sisk
    Charlie Rangel was alone and lost Wednesday, an aging and now powerless pol who didn't know where to go or what to do. He had made a wrong turn coming out of a memorial service for another old bull of the House, Rep. John Murtha (D-Pa.), and was by himself under the vast and majestic expanse of the Capitol dome. The usual scurrying aides, the armload of briefing papers, the multiple cell phones and other trappings of influence were gone. Capitol guards eyed Rangel with concern as he wandered toward unfamiliar territory on the Senate side, but they kept...
  • FINALLY! Rangel Takes a Leave of Absence

    03/03/2010 7:00:28 AM PST · by bloodmeridian · 17 replies · 441+ views
    Feed Your ADHD ^ | 3/3/2010 | Snarky Basterd
    U.S. Representative Charles Rangel announced today that he sent a letter to House Speaker Nancy Pelosi asking for a leave of absence from his post as chairman of the tax-writing House Ways and Means Committee. Rangel, a Democrat from New York, declined to give details as to what prompted his decision to relinquish leadership of the panel, which also has jurisdiction over Social Security, trade and Medicare. Rangel was admonished for breaking House rules on accepting gifts.
  • Charlie Rangel News Conference Live Thread 9:00AM

    03/03/2010 5:52:33 AM PST · by JRochelle · 73 replies · 4,079+ views
    wlsam.com ^ | 3/3/2010 | Staff
    Rangle is holding a news conference in 15 minutes. Will he throw in the towel? No link yet.
  • Rangel Resigns Chairmanship of House Ways and Means

    03/02/2010 6:35:24 PM PST · by bloodmeridian · 33 replies · 1,440+ views
    Feed Your ADHD ^ | 3/2/2010 | Snarky Basterd
    YEAH! Rangel takes his money and runs, resigning this very evening his chairmanship of the House Ways and Means Committee. Maybe now he'll learn to do his taxes properly. According to Democratic officials, New York Congressman Charlie Rangel is set to temporarily step down from his chairmanship of the House Ways and Means committee.
  • Rangel Giving Up the Gavel (Could Step Down as Early as Tonight)

    03/02/2010 4:59:45 PM PST · by nickcarraway · 77 replies · 2,733+ views
    NBC New York ^ | Tue, Mar 2, 2010 | HASANI GITTENS
    Harlem Democrat Charles Rangel now says he will step down as chairman of the powerful House Ways and Means Committee, NBC News has learned. He may make the move as early as tonight and Michigan Democratic Rep Sander Levin will temporarily take over the committee. Some details still need to be ironed out, but sources said Rangel has been pushed to step down before the House voted on a bill to forcefully strip him of the coveted chairmanship. Rangel has been under fire ever since an ethics committee released a report Thursday that found that he violated House rules by...
  • Rangel office mum about staff changes after ethics admonishment

    02/26/2010 4:56:55 PM PST · by paltz · 6 replies · 368+ views
    Washington Times-Water Cooler ^ | 2/26/10 | Kerry Picket
    While the panel report did not include any formal charges, the committee on standards of offiicial conduct will continue to probe Mr. Rangel on potential other violations. The ethics committee did state, however, that his staff was aware of corporate money being paid for Mr. Rangel's Caribbean funded trips. Mr. Rangel is easily passing the buck to his staff, but his spokesman Emil Milne, refused to be clear as to whether or not there has been any staff terminations, reprimands, or changes as a result of the ethics panel probe.
  • Charlie Rangel: I’ve been 'admonished' by ethics committee

    02/25/2010 5:37:36 PM PST · by Sub-Driver · 53 replies · 1,585+ views
    Charlie Rangel: I’ve been 'admonished' by ethics committee By: John Bresnahan and Patrick O'Connor February 25, 2010 07:08 PM EST The House Ethics Committee has found Ways and Means Committee Chairman Charlie Rangel violated ethics rules by accepting corporate-funded trips to the Caribbean, according to House sources. Rangel told POLITICO Thursday night that he was being “admonished” by the committee on the grounds that at least two members of his staff knew about the corporate funding for the trips – and that Rangel himself should have known. “I’m satisfied that when you read the report, that you will see that...
  • Treasury Secretary Tim Geithner Opens Up to "Vogue" ("likes to cook dinner – barefoot")

    02/22/2010 8:07:20 AM PST · by maggief · 39 replies · 703+ views
    ABCNews ^ | February 22, 2010 | Matthew Jaffe
    ABC News’ Matthew Jaffe reports: In the first year of the Obama administration, few cabinet secretaries, if any, have had to combat more severe problems and widespread outrage than Treasury Secretary Tim Geithner. A country battling the worst recession since the Great Depression. A financial system teetering on the brink of collapse. A population furious with Wall Street’s abuses and Washington’s bailouts. A flurry of lawmakers calling for his resignation. Maybe that’s why Geithner felt the need to apologize to his family even before accepting the position at Treasury. “When he first took the job, he said he was so...
  • Federal Reserve Bank of New York Subpoenaed in AIG

    02/10/2010 6:46:51 PM PST · by opentalk · 11 replies · 933+ views
    Big Government ^ | Frank Gaffney
    Here’s the latest in the question of the New York Fed, Treasury Secretary Tim Geithner and the AIG bailout, as we’ve covered here at Big Government before (here and here). Last year, Iraq war vet Kevin Murray brought a lawsuit against the Treasury Department and Ben Bernanke (Murray vs. Geithner, et al) for its acquisition of AIG– a scheme that made the US taxpayer the world’s largest provider of Shariah-compliant insurance products. Lawyers David Yerushalmi and The Thomas More Law Center’s Robert Muise found, in the course of discovery, that that was just the tip of the iceberg. Yerushalmi and...
  • More TARP Corruption, Secrecy

    02/10/2010 1:29:28 PM PST · by opentalk · 9 replies · 457+ views
    judicial watch ^ | 02/10/2010 | Judicial Watch
    Adding insult to injury, the U.S. government has paid private firms nearly $160 million, to distribute funds from its severely mismanaged and fraud-infested program to bail out the nation’s financial institutions. Rife with waste and abuse the $700 billion Troubled Asset Relief Program (TARP) has already proven to be a troubling experiment of U.S. tax dollars with virtually no oversight. In fact, dozens of criminal investigations have been launched into the controversial bailout and the risk is only going to grow, according to a Treasury Department Inspector General report issued last spring. So far investigations have centered on securities fraud,...
  • Geithner says US credit rating safe despite debt

    02/07/2010 6:10:05 AM PST · by Zakeet · 44 replies · 811+ views
    Associated Press ^ | February 7, 2010
    Treasury Secretary Timothy Geithner (GYT'-nur) says the U.S. government "will never" lose its sterling credit rating despite big budget deficits and a newly increased debt limit that now tops $14 trillion. [Snip] Moody's Investors Service recently issued a warning that the government's credit rating could eventually be in jeopardy if nation's finances don't improve. The cost of borrowing would increase significantly if the ratings service lowered the credit rating, also known as a bond rating, for U.S. Treasuries. Geithner tells ABC's "This Week" that will never happen.
  • Rangel gift$ to lawyers (Tax-cheat Charlie fends off congressional ethics investigations)

    02/05/2010 3:18:15 PM PST · by Libloather · 2 replies · 293+ views
    NY Post ^ | 2/03/10 | S.A. MILLER
    Rangel gift$ to lawyersBy S.A. MILLER Last Updated: 4:07 PM, February 3, 2010 WASHINGTON -- Embattled Rep. Charlie Rangel spent huge amounts of campaign cash in the last quarter of 2009 on lawyers to fend off congressional ethics investigations, campaign-finance reports show. The Harlem Democrat dropped $575,000 on five teams of lawyers since Oct. 1 -- the lion's share of the $687,000 he spent that quarter. It's far more than the $354,694 Rangel's campaign says he raised during that three-month span. For the past year, the House ethics panel has been probing Rangel's use of congressional letterhead to raise money...