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Keyword: timothygeithner

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  • Geithner praises Obama

    05/18/2014 3:50:50 PM PDT · by Oldeconomybuyer · 11 replies
    Politico ^ | May 18, 2014 | By JONATHAN TOPAZ
    Former Treasury Secretary Timothy Geithner praised President Barack Obama on Sunday, saying he was "excellent in crisis." “I had an amazingly good experience with this president in this White House, ...who was willing at that time to put policy ahead of politics in a way that was very important for the country," Geithner said on CBS's "Face the Nation." “He was excellent in crisis. Good at making decisions. Very tough on the rest of us, very tough on all of us to examine all the options. And I never felt I was in a position where they put a political...
  • White House wanted Treasury Secretary Tim Geithner to LIE to the public

    05/12/2014 9:36:51 AM PDT · by Kaslin · 16 replies
    Mail online ^ | May 12, 2014 | FRANCESCA CHAMPERS
    The White House wanted Treasury Secretary Timothy Geithner to lie on Sunday talk shows to downplay the part Social Security played in driving the deficit, it was revealed today. Geithner writes in his memoir Stress Test, out today, that the White House communications director asked him to downplay the long term cost of Social Security spending to mollify the Democratic Party's base. 'I remember during one Roosevelt Room prep session before I appeared on the Sunday shows, I objected when Dan Pfeiffer wanted me to say Social Security didn't contribute to the deficit. It wasn't a main driver of our...
  • Bombshell sworn allegation against Tim Geithner

    01/22/2014 6:50:06 AM PST · by afraidfortherepublic · 32 replies
    The American Thinker ^ | 1-22-14 | Thomas Lifson
    If anyone thinks "Bridgegate" is an example of political bullying and abuse of power, then the sworn (under penalty of perjury) allegation of a corporate heavy hitter against Secretary of the Treasury Timothy Geithner is off the charts. Bloomberg Businessweek reports: Former U.S. Treasury Secretary Timothy Geithner told McGraw Hill Financial Inc. Chairman Harold W. McGraw III in 2011 that Standard & Poor's downgrade of the U.S. debt would be met by a response, S&P said. S&P filed a declaration by McGraw yesterday in federal court in Santa Ana, California, as part of a request to force the U.S. to...
  • Bob Woodward Inadvertently Confirms Our Coming Economic Apocalypse

    09/10/2012 7:41:09 AM PDT · by SeekAndFind · 17 replies
    American Thinker ^ | 09/10/2012 | Monty Pelerin
    Bob Woodward has yet another book coming out, and the consummate Washington insider provides us with a glimpse of what's in it. In doing so, he inadvertently confirms what so many internet pundits have been warning about -- an economic catastrophe of unimaginable proportions. In the article in the Washington Post, Woodward describes the debt-ceiling confrontation between Congress and the President. It is likely that Mr. Woodward or most other political types do not recognize the admissions contained within the article. For these people, politics is a game of winners and losers. That is where the drama and excitement is....
  • Economic Official Sperling Warned Woodward (Alleged sender of 'regret' email)

    02/27/2013 7:10:57 PM PST · by kristinn · 19 replies
    Buzz Feed ^ | Wednesday, February 27, 2013 | Ben Smith
    The White House official whom Bob Woodward charged had crosssed a line by saying he would "regret" printing his version of a set of Washington negotiations was Gene Sperling, the director of the White House Economic Council, a source familiar with the exchange told BuzzFeed Wednesday. The email from Sperling to Woodward, which Woodward read to Politico Wednesday, has transfixed Washington, with Republicans and some in the press charging that it embodies a White House lording it over a cowed press corps. Woodward, Politico reported, called the top official — identified to BuzzFeed as Sperling — to tell him that...
  • Dodd-Frank's Problems -- and Potential Solutions

    01/07/2013 4:56:14 AM PST · by Kaslin · 2 replies
    Townhall.com ^ | January 7, 2013 | Michael Barone
    Over the next year, we will probably see much controversy over the implementation of Obamacare. Health insurance is something that almost every adult has some acquaintance with, and there seem to be glitches aplenty in the legislation, much delay in issuing regulations and some possible changes resulting from litigation. We're likely to see or hear less about the operations of the Dodd-Frank financial regulation legislation, passed four months after Obamacare. Most of us don't work at banks or financial institutions, which will have to grapple with its myriad provisions and the regulations to be issued thereunder, and we tend to...
  • Democrats prepare tax-cut bills in case nation goes over 'fiscal cliff'

    12/30/2012 7:09:34 AM PST · by Libloather · 27 replies
    The Hill ^ | 12/29/12 | Peter Schroeder
    Leading Democrats are putting together fallback proposals if Washington fails to reach a deal on the “fiscal cliff” that would allow the party to cast itself as seeking to cut taxes. “Of course, I’ve got a backup plan in the event that we don’t succeed here,” Sen. Max Baucus (D-Mont.), chairman of the Senate Finance Committee, said Friday. “I’m sure the White House has one too.” Tax rates are set to expire on most households in January if Congress does not act to extend some of the rates, something some Democrats have long seen as giving their party an advantage....
  • Boehner on Obama Tax Plan: "You Can't Be Serious"

    12/03/2012 3:57:34 AM PST · by Kaslin · 19 replies
    Townhall.com ^ | December 3, 2012 | Kevin Glass
    The Obama Administration proposal to fix the "fiscal cliff" coming at the end of the year called for $1.6 trillion in tax hikes over current policy. House Speaker John Boehner said he was "flabbergasted" when presented with the proposal this week. Boehner tells "Fox News Sunday" that after Geithner briefed him privately on Thursday, he looked at Geithner and said, "You can't be serious." Boehner called it "silliness" that the White House was, among other things, asking Congress to give up its power to set the nation's debt limit. Earlier today, Geithner insisted that the Obama Administration wouldn't relent on...
  • How Much Do We Owe?

    09/29/2012 6:08:20 AM PDT · by Kaslin · 17 replies
    Townhall.com ^ | September 29, 2012 | John C. Goodman
    Have you ever wondered how much we as taxpayers actually owe because of commitments politicians have made on our behalf? Turns out, the answer is not as simple as you might think. The place to start is with a report put out annually by the U.S. Treasury. There I learned that the federal government officially recognizes an outstanding debt of $17.5 trillion. This amount consists of $10.2 trillion in government debt held by the public, plus pension and retirement benefits owed to federal employees. On the one hand, that amount exceeds our country’s entire gross domestic product and that’s pretty...
  • Why Bill Clinton Is All Wet

    09/11/2012 4:27:28 AM PDT · by Kaslin · 9 replies
    Townhall.com ^ | September 11, 2012 | Mona Charen
    The Clinton line, an elaboration of Obama excuse No. 37 for the dismal economy (after the Arab Spring, ATMs, the euro crisis and tomato blight in Mrs. Obama's White House garden), goes like this: The economy was so damaged by George W. Bush-era policies that "no president" could have been expected to do better than the record-high poverty, staggering unemployment, shrinking workforce participation, anemic growth and gargantuan debt over which Barack Obama has presided. We're asked to believe that the Obama administration knew all along that things would take longer than four years to improve. "I never said this journey...
  • Skepticism grows on Geithner's debt limit deadline

    05/17/2011 2:21:54 PM PDT · by mdittmar · 31 replies
    Reuters ^ | e May 17, 2011 | Tim Reid and Rachelle Younglai
    (Reuters) - U.S. Treasury Secretary Timothy Geithner is facing growing criticism for his changing predictions on when the country might face a debt default, shifts that have led some Republicans to discount his dire warnings that the debt limit must be raised soon. Since January, Geithner has changed his forecast of when the U.S. would hit its borrowing cap, and the final deadline for raising the debt limit, at least four times -- fueling a belief among rank-and-file Republicans that his latest August 2 deadline is artificial and can be ignored.Some Democrats are increasingly worried that the changing calendar has...
  • China Says Activist 'Can Apply' To Study Abroad

    05/04/2012 2:49:28 AM PDT · by Cincinatus' Wife · 18 replies
    WESH-CNN ^ | May 4, 2012 | Jill Dougherty, Jaime FlorCruz, Steven Jiang, Dan Lothian, Eunice Yoon, Jethro Mullen, Stan Grant
    BEIJING (CNN) -- China said Friday that the Chinese activist at the center of a diplomatic storm has the right to apply to study abroad... If Chen Guangcheng wants to go overseas to study, "as a Chinese citizen, he may apply like other Chinese citizens"... ....[SNIP].... The Chinese comments came as U.S.diplomats spoke by phone with Chen, who is currently in a Beijing hospital. The officials also met with Chen's wife,Yuan Weijing, in person, according to a senior State Department official who declined to be identified because of the sensitivity of the matter. The U.S. officials had been scheduled to...
  • “Taxes Are what You Pay for the Privilege of Being an American” Says Geithner

    02/26/2012 1:05:13 PM PST · by John Semmens · 47 replies
    Semi-News/Semi-Satire ^ | 24 Feb 2012 | John Semmens
    US Treasury Secretary Timothy Geithner advised taxpayers to “quit complaining, taxes are what you pay for the privilege of being an American.” “You know, there are places in the world where the government can take everything you have,” Geithner observed. “The fact that you get to keep anything here ought to inspire a greater appreciation for your own government’s forbearance.” The Secretary warned those he called the “one-percenters,” that “government is the only thing preventing the other 99% from murdering you and looting your property. The protection we offer ought to be worth whatever it costs. Quibbling over the price...
  • Timothy Geithner's Best Asset: Everybody Hates Him

    11/14/2011 12:45:34 PM PST · by Driftwood1 · 12 replies
    The Atlantic ^ | 11-14-11 | Daniel Indiviglio
    If you're a conservative, then you probably have no love for Treasury Secretary Timothy Geithner. He wanted to end the Bush tax cuts for the rich in 2010. You might think his foreclosure prevention plan was a mess. But if you're a progressive, then you probably don't love the guy either. He wasn't particularly aggressive in pursuing cramdowns or principal reductions for struggling homeowners. He also doesn't tend to be too hard on the banks. So who does like Geithner? President Obama must -- he worked to ensure that Geithner wouldn't resign earlier this year when his family moved back...
  • US ($) to Play 'Very Major Role' In Helping Europe: Geithner

    10/15/2011 10:20:22 AM PDT · by quesney · 30 replies
    The U.S. plans on being an active partner as efforts intensify to get Europe get back on its feet financially, Treasury Secretary Timothy Geithner told CNBC Friday. Getty Images U.S. Treasury Secretary Timothy Geithner With global leaders preparing for next month's Group of 20 nations (G20) summit in Cannes, France, the International Monetary Fund — of which the U.S. is the greatest contributor — is being relied on to help underwrite whatever efforts are needed to backstop toxic European sovereign debt . Geithner said the International Monetary Fund (IMF) has "very substantial" resources to fund a device that could look...
  • Palin warns Boehner on debt ceiling

    07/10/2011 4:36:27 PM PDT · by 2ndDivisionVet · 189 replies
    The Hill ^ | July 10, 2011 | Erik Wasson
    Former Alaska governor Sarah Palin has issued a stern warning to House Speaker John Boehner (R-Ohio) as Boehner sits down with President Obama Sunday night to negotiate a raising of the debt ceiling: don't do it. Palin, in an interview appearing in Newsweek, “made it clear that she’s against any deal that raises the debt ceiling and would hold House Speaker John Boehner’s feet to the fire if he agreed to one” according to the magazine. “No, we have to cut spending. It is imperative, and I will be very, very disappointed if Boehner and the leaders of the Republican...
  • A rescue worth fueling (Tax-Cheat Geithner Defends GM, Chrysler Bailouts)

    06/01/2011 10:46:16 AM PDT · by mojito · 3 replies
    WaPo ^ | 5/31/2011 | Timothy Geithner
    On June 1, 2009, General Motors filed for bankruptcy, backed by $30 billion in support from the federal government. The same day, in the same New York courthouse, a judge approved Chrysler’s plan to forge an alliance with Fiat and emerge from bankruptcy as a restructured business with an uncertain future. Two years later, all three American automakers have returned to profitability, the industry has added new shifts and 115,000 jobs, and GM and Chrysler have returned more than 50 percent of the government’s investment. The industry is mounting one of the most improbable turnarounds in recent history.
  • Grassley Warns of Bailed-out Banks’ Repaying Bail-outs With Government Funds

    03/31/2011 7:04:16 AM PDT · by iowamark · 8 replies
    Chuck Grassley Senate site ^ | 03/29/2011 | Chuck Grassley
    WASHINGTON – Sen. Chuck Grassley is asking the Treasury secretary for assurances that banks bailed out with government funds will not be allowed to use another government program to pay back their bailouts. “The reports that banks from New York to Nashville are using federal dollars from the so-called Small Business Lending Fund to increase profits and ‘pay back’ TARP make this look like another TARP-style money shuffle,” Grassley said. “Replacing one form of government subsidy with another wasn’t a repayment when GM did it and it still isn’t. The Treasury Department has an obligation to put the brakes on...
  • More Fright-peddling, More Bailouts

    01/20/2009 9:33:48 AM PST · by Coleus · 3 replies · 223+ views
    thenewamerican ^ | William F. Jasper
    Round two of the economic crime of the century has begun. On January 12, Lawrence Summers, President Obama's designee to become director of his National Economic Council, sent a letter to congressional majority and minority leaders seeking the second half of the $750 billion approved by Congress last October.   Citing Obama's economic speech of January 8, Summers wrote: "As the President-elect recently stated, 'we start 2009 in the midst of a crisis unlike any other we have seen in our lifetime.'" As you no doubt recall, last September Congress, fearing the wrath of constituents, rejected a bailout scheme put together...
  • Treasury Secretary Says Letting Bush Tax Cuts for Rich Expire Will Not Slow Economic Growth

    07/24/2010 5:14:25 PM PDT · by Sub-Driver · 69 replies · 1+ views
    Treasury Secretary Says Letting Bush Tax Cuts for Rich Expire Will Not Slow Economic Growth July 24, 2010 6:00 PM In an exclusive interview on ABC News’ "This Week" to air Sunday, Secretary of the Treasury Timothy Geithner said the White House would push to let the Bush tax cuts expire for individuals making more than $200,000 a year and families making more than $250,000, but keep them for middle and lower income Americans. “We think that's the responsible thing to do,” Geithner said, “because we need to make sure we can show the world that they're willing as a...
  • House subpoenas Geithner's AIG e-mails, phone logs

    01/14/2010 9:59:25 AM PST · by opentalk · 13 replies · 693+ views
    AP ^ | Jan 13 2010 | DANIEL WAGNER
    A House committee probing bailout deals has subpoenaed the Federal Reserve Bank of New York for correspondence from Treasury Secretary Timothy Geithner and other officials. The House Oversight and Government Affairs Committee is examining New York Fed decisions that funneled billions of dollars to big banks including Goldman Sachs Group Inc. and Morgan Stanley. Geithner was president of the New York Fed at the time.
  • N.Y. Fed Told A.I.G. Not to Disclose Swap Details (Actual e-mails attached)

    01/07/2010 10:56:25 AM PST · by Smogger · 9 replies · 728+ views
    DealBook Blog NY Times ^ | 1/7/2009 | Chris V. Nicholson
    Update | 12:13 p.m. Starting in November 2008, the Federal Reserve Bank of New York under Timothy Geithner began urging American International Group, the huge insurer that the government had bailed out, to limit disclosure on payments made to banks at the height of the financial crisis, e-mail messages obtained by DealBook show. The e-mail exchange between the bailed-out insurance giant and its regulator portray a strange reversal of roles, with A.I.G. staff arguing for the disclosure of certain details on payments for credit-default swaps to major banks, only to be discouraged by officials at, or representing, the Federal Reserve....
  • Judicial Watch Announces List of Washington’s “Ten Most Wanted Corrupt Politicians” for 2009

    12/28/2009 11:50:52 AM PST · by jazusamo · 34 replies · 3,114+ views
    judicialwatch.org ^ | December 28, 2009 | Judicial Watch
    Washington, DCJudicial Watch, the public interest group that investigates and prosecutes government corruption, today released its 2009 list of Washington’s “Ten Most Wanted Corrupt Politicians.”  The list, in alphabetical order, includes: 1. Senator Christopher Dodd (D-CT):  This marks two years in a row for Senator Dodd, who made the 2008 “Ten Most Corrupt” list for his corrupt relationship with Fannie Mae and Freddie Mac and for accepting preferential treatment and loan terms from Countrywide Financial, a scandal which still dogs him.  In 2009, the scandals kept coming for the Connecticut Democrat.  In 2009, Judicial Watch filed a Senate ethics complaint against...
  • Will JP Morgan's CEO Be The Next Treasury Secretary? (Jamie Dimon to replace Tim Geithner?)

    11/25/2009 5:55:44 PM PST · by SeekAndFind · 8 replies · 471+ views
    The Atlantic ^ | 11/25/2009 | Daniel Indiviglio
    Wow, this is a really amusing report from the New York Post. Apparently, some people are pushing for JP Morgan CEO Jamie Dimon to replace Timothy Geithner as Treasury Secretary. And he might want the job. This is unlikely on so many levels that I hardly know where to begin. First, here's what the Post says: As support for Treasury Secretary Timothy Geithner wanes on Capitol Hill amid frustration with the Obama administration's handling of the economy, JPMorgan Chase CEO Jamie Dimon is emerging as a potential replacement. Sources tell The Post that a number of policy makers have begun...
  • WEHT Timothy Geithner?

    09/04/2009 5:25:10 PM PDT · by PJ-Comix · 7 replies · 523+ views
    Self | September 4, 2009 | PJ-Comix
    Almost the whole month of August went by without an article posted here about Treasury Secretary Timothy Geithner. Only now back in the news because of a G-20 meeting he will be attending in London. What's up with that? Is Geithner about to be tossed under the bus?
  • ‘Turbo Tax’ defense fails in court

    08/27/2009 6:58:54 AM PDT · by laotzu · 17 replies · 1,395+ views
    San Antonio Express News ^ | 8/26/09 | Cary O’Reilly
    A federal court has rejected an attempt by two Ohio residents to use the so-called TurboTax defense that Timothy Geithner relied on to help win Senate confirmation as U.S. Treasury secretary. The U.S. Tax Court in Washington rejected an appeal of accuracy-based penalties assessed by the Internal Revenue Service on Kenneth and Linda Hopson, who claimed they relied on tax-return preparation software that failed to detect income they had omitted from their 2006 federal tax returns. “Petitioners were not permitted to bury their heads in the sand and ignore their obligation to ensure that their tax return accurately reflected their...
  • The Big O Restaurant (First of a series of Humor Columns by Freeper)

    07/20/2009 7:33:02 AM PDT · by PJ-Comix · 10 replies · 493+ views
    Canada Free Press ^ | July 20, 2009 | P.J. Gladnick
    I was recently reading rave reviews of the Big O Restaurant so I decided to check it out with some friends of mine. Our waiter was a short, thin, curly-haired guy named Timothy. He was raving about how nice Mr. O, the restaurant owner, was. Timothy told us that Mr. O hired him despite the fact he was caught cheating on reporting his tips at the last restaurant he worked at. I asked Timothy what the specialty of the house was. “Pork,” he replied. “Well, how big are the portions?” “Huge. You won’t believe how much pork we serve,” he...
  • Tim Geithner: recession will be over within months

    07/14/2009 8:31:02 AM PDT · by TheDailyChange · 76 replies · 1,644+ views
    Telegraph ^ | 07142009 | TDC
    The American and world economies will be out of recession in a matter of months, Tim Geithner, the US Treasury Secretary, has declared.
  • CARTOON: Follow The Money

    06/09/2009 8:15:41 AM PDT · by NetRight Nation · 3 replies · 1,010+ views
    NetRight Nation ^ | June 9, 2009 | William Warren
  • Fannie Mae CEO to lead bailout (Not satire!)

    04/17/2009 7:49:55 PM PDT · by 2ndDivisionVet · 12 replies · 576+ views
    The White House turned to an experienced former investment banker Friday to run the federal government's $700 billion bank rescue effort, selecting the head of mortgage giant Fannie Mae as an assistant treasury secretary. Herbert Allison Jr., Fannie Mae's president and CEO, will replace Neel Kashkari, a holdover from the Bush administration. Allison, who must be confirmed by the Senate, would bear the title of assistant treasury secretary for financial stability and counselor to Treasury Secretary Timothy Geithner. He would be in charge of the Troubled Asset Relief Program, the fund that has injected billions of dollars into banks in...
  • I AM THE GWWEAT BAAWWNEY FWWANK! And I WIWL Be CEO of Cowwpwwate Amewwica

    03/31/2009 6:36:27 PM PDT · by bloodmeridian · 9 replies · 505+ views
    Feed Your ADHD ^ | 3/31/2009 | Dr. Dave
    I AM THE GWWEAT BAAWWNEY FWWANK! You will bow down befowwe me and wowwship at the altaww of my incwwwediblenesssss! As an egg in my Mommy’s utewussss, I wanted to be a CEO. But then the embwwyo became impwwegnated by my no-good DaDa and spwwit. My genes began to wwepwwicate and mutate and fowm my pwedetewwmined wife handicap, the man I was meant to be, the biwwfth defect that gave me the tewible disease I wiv wiv day in and day and endeavoww to dewiva unto you: Congwwessional Megawwomania. I AM THE GWWEAT BAAWWNEY FWWANK! You will bow down befowwe...
  • Levin Declares 'No Constitutional Authority' for Expanded Obama Administration Takeover Powers

    03/25/2009 12:51:48 PM PDT · by Rufus2007 · 34 replies · 1,393+ views
    businessandmedia.org ^ | March 25, 2009 | Jeff Poor
    Has the federal government exceeded, or is it on the verge of exceeding its constitutional authority with the recent series of events connected to rescuing an ailing banking system? Although Rep. Michele Bachmann, R-Minn., was ridiculed for raising that question in a congressional hearing on March 24, conservative talk show host, constitutional lawyer and legal commentator Mark Levin, told Fox News Channel’s “Your World with Neil Cavuto” on March 24 that government was indeed exceeding the constitution. According to Levin, there is nothing in the Constitution that would allow the Obama administration to expand the government’s ability to seize non-banking...
  • The Not-So-Federal Reserve is Bankrupting Our Nation

    03/23/2009 2:34:33 PM PDT · by Sound of Liberty · 22 replies · 816+ views
    The Voice Magazine ^ | Jonas Clark
    Tell the not-so-federal Federal Reserve to take their dirty rotten hands out of your pocket. They are redistributing the people's future wealth to the bankers. Where is the public outrage? How many banker and Wall Street bailouts do we have to endure? For the last several weeks Americans have been on the edge of their seats. They are outraged because a bailed out, bankrupt company named AIG was too big to fail in the eyes of some politicians and received $182.5 billion in taxpayer dollars to keep their doors open. The current revulsion was over millions paid out in bonuses...
  • Obama indefinitely detains Geithner; tax cheats, not al Qaeda, the ‘truly dangerous individuals’

    03/22/2009 12:56:59 PM PDT · by Sergeant Tim · 3 replies · 623+ views
    911Families.ForAmerica.org ^ | March 22, 2009 | Tim Sumner
    The WOT has been replaced by the WOTC, the War on Tax Cheats. On '60 Minutes' tonight, President Barack Obama will announce that he is planning to indefinitely detain American Timothy Geithner, on U.S. soil, presumably without trial: Were Geithner to tender his resignation, Obama says he would tell him: "Sorry, buddy, you've still got the job." President Obama released dirty bomber Binyam Mohammed to return back to England. AG Eric Holder says "maybe" Obama will release 17 Uighurs into the United States even though all of them associated with the East Turkistan Islamic Movement, were trained in terrorism by...
  • Kudlow Warns Obama Treasury Secretary Geithner's 'Days May Be Numbered'

    03/17/2009 6:20:03 PM PDT · by Saint X · 41 replies · 1,841+ views
    newsbusters.org ^ | March 17, 2009 | Jeff Poor
    Is President Barack Obama's administration showing hints it is losing confidence in Treasury Secretary Timothy Geithner? CNBC's Larry Kudlow said the signs are suggesting as much. The host of "The Kudlow Report" said in an appearance with CNBC On-Air Editor Charlie Gasparino on his March 17 broadcast that a statement put out earlier today by the administration, and placed at the top of the Drudge Report, hinted this was the beginning of the end for Geithner. "You know, statements out of the blue - statements like this are what I call a real bad leading indicator that Geithner's time, days...
  • How Geithner Became Secretary of the Treasury

    03/17/2009 4:31:22 AM PDT · by AJMCQ · 25 replies · 2,236+ views
    Commodity News Center ^ | February 23rd, 2009 | James Bibbings
    Tim Geithner is now the United States 75th Secretary of Treasury and after about a month in office he's already being called incompetent and an improper selection for treasury head by many. Before passing judgments against Mr. Geithner myself, I wanted to find out a little bit more about who he is and where he came from. So, you like I should be informed, and compliments of the Wall Street Journal please read this brief biography of Mr. Geithner before you continue on. Now that you know a little bit more about Timothy Geithner, let's take a look at some...
  • The Big Money Behind Geithner

    03/17/2009 4:12:26 AM PDT · by AJMCQ · 3 replies · 627+ views
    AIM ^ | January 15, 2009 | Cliff Kincaid
    A guy who can’t figure out his own taxes is supposed to fix the economy? This is the absurd rationale being offered by media figures such as Andrea Mitchell of NBC News for confirming Timothy Geithner as Obama’s Treasury Secretary after it was disclosed that he was a serial tax evader. He did his own taxes for a couple years and got into trouble, Mitchell chuckled. And everybody can relate to that, right? Mitchell is the one who deserves to be laughed at. This guy is supposed to be so smart we can entrust him with managing the entire U.S....
  • They Always Need a Devil

    03/05/2009 10:04:03 AM PST · by PurpleMountains · 1 replies · 254+ views
    From Sea to Shining Sea ^ | 3/5/09 | Purple Mountains
    There is a certain whiff of familiarity about the attacks on Rush Limbaugh and on energy companies emanating from the Obama White House these days. History tells us that dictators and those with an authoritarian bent need enemies to distract their public. Hitler had the Jews; Mugabe has the white farmers; and Chavez has various U.S. “devils”. I could list more, but you get the idea. We now have the spectacle of the President of the United States declaring war on a talk show host who has exercised his right of free speech to criticize some of his socialist plans,...
  • Caption Timothy Geithner

    02/11/2009 10:11:27 AM PST · by Lucky9teen · 33 replies · 897+ views
    U.S. Secretary of Treasury Timothy Geithner outlines the Obama Administration's plans for the economy while testifying before the Senate Banking, Housing and Urban Affairs Committee in Washington, February 10, 2009. Secretary of Treasury Timothy Geithner testifies before the Senate Budget Committee during a hearing on 'Policies to Address the Crises in Financial and Housing Markets' at Capitol Hill in Washington, DC, February 11, 2009. U.S. Treasury Secretary Timothy Geithner delivers a speech in the Cash Room of the U.S. Treasury Department in Washington, February 10, 2009. Geithner on Tuesday announced a plan to take $500 billion in bad assets off...
  • Is Daschle’s Nomination DOA?

    02/03/2009 5:43:40 AM PST · by theothercheek · 37 replies · 809+ views
    The Stiletto Blog ^ | February 2, 2009 | The Stiletto
    Tom Daschle, Barack Obama’s nominee to head the Department of Health and Human Services, may be that proverbial straw that breaks the camel’s back.Timothy Geithner’s chiseling was overlooked by a Senate more driven by fear that they won’t be re-elected if their constituents are all jobless than by disgust that a man who consciously avoided paying his fair share of taxes for years will be running the I.R.S. Then Obama immediately made exceptions to his executive order barring lobbyists from the executive branch by tapping Raytheon lobbyist William J. Lynn III to be Deputy Secretary of Defense and anti-tobacco lobbyist...
  • Biden backs off Geithner on China

    01/30/2009 6:59:27 AM PST · by Sammy67 · 17 replies · 939+ views
    Politico ^ | 1/29/09 | CAROL E. LEE
    The Obama administration backed off Treasury Secretary Timothy Geithner’s statement last week that China is “manipulating” its currency. In an interview with CNBC on Thursday, Vice President Joe Biden said the administration has made “no judgment” on whether the Chinese have manipulated their currency, an accusation that would have international legal ramifications. “The policy of this administration is going to be to say to China, which occasionally the last administration was reluctant to do. `You're a major player on the world scene economically, and you've got to play by the rules that
  • Global Taxes and Global TV Now on the Agenda

    01/27/2009 8:10:10 PM PST · by Sammy67 · 28 replies · 1,045+ views
    FamilySecurityMatters ^ | 1/27/09 | Cliff Kincaid
    President Obama’s pick for Treasury Secretary, Timothy Geithner, is being urged to lay the foundation for “global governance” by considering “international taxation” measures to loot more money from U.S. taxpayers. The recommendation is included in the report, “The Global Agenda 2009,” which is being considered by the World Economic Forum (WEF), meeting in Davos, Switzerland, January 28th - February 1st. The WEF is not an official government group but does include dozens of government, corporate and labor leaders at its annual meetings. Media companies such as News Corporation (parent of Fox News, the Fox Business Network, and the Wall Street...
  • Iowahawk: Ask The Tax Guys

    01/27/2009 2:16:10 PM PST · by EveningStar · 9 replies · 854+ views
    Iowahawk | January 27, 2009 | David Burge
    Ask The Tax Guys Expert IRS Advice from US Treasury Secretary Timothy Geithnerand House Ways and Means Committee Chairman Charles Rangel (D-NY)Dear Tax Guys:I've had a lot on my mind lately, and when I was going through some old receipt boxes in my filing cabinet I suddenly realized I haven't paid my income taxes for the past 8 years. Am I in trouble? Please help! Continued
  • Obama's Treasury Secretary Pic, Scofflaw Geithner: Taxes? I Don't Have To Pay No Stinkin' Taxes

    01/22/2009 10:26:53 AM PST · by Daniel T. Zanoza · 9 replies · 460+ views
    RFFM.org ^ | Jan. 22, 2009 | Daniel T. Zanoza
    I'm really getting tired of saying this, but the situation surrounding Barack Obama's presidency would be funny, if it wasn't so sad. If you haven't heard the latest, supposed financial genius, Timothy Geithner, was confirmed by the Senate Finance Committee by a vote of 18 - 5 on Thursday morning. Geithner was nominated by Obama to be the new Secretary of the Treasury. This all sounds well and good so far, doesn't it? However, there is a little problem of Geithner being a tax scofflaw. Indeed, if it weren't for the fact Geithner was nominated by Obama for the Treasury...
  • Byron York: Timothy Geithner’s Story

    01/22/2009 5:27:28 AM PST · by kellynla · 25 replies · 1,492+ views
    National Review Online ^ | January 22, 2009 | Byron York
    Give Timothy Geithner credit. He has a story, and he’s sticking to it. Even if it’s not the whole story. When the treasury secretary-designate walked into his confirmation hearing before the Senate Finance Committee Wednesday morning, he knew he would face questions, from Republicans at least, about his non-payment of Social Security and Medicare taxes in 2001, 2002, 2003, and 2004. Democrats seemed to have no interest in the topic, but some Republican senators wanted to know why Geithner accepted reimbursement from his then-employer, the International Monetary Fund, for taxes that he had not, in fact, paid. They also wanted...
  • Propaganda, Ponzi Schemes and Pontification: The Government at Work

    01/19/2009 8:35:39 AM PST · by thinkingIsPresuppositional · 258+ views
    Modern Conservative ^ | January 13, 2009
    "Madness is rare in individuals, but in groups, parties, nations and ages it is the rule" - Nietzsche This is the third time I have headed my post with that Nietzsche quote. This time, however, instead of using it to reinforce my position, I am going to juxtapose it against its uglier creature cousin that was created out of Obama's left leaning witches crew. The brew runs in the following way: "Financial health and virtue is rare in individuals, but in groups, parties, nations and ages it is the rule." The strategy used to destroy capitalism once and for...
  • Byron York: Geithner Can’t Explain His Failure to Pay Taxes

    01/19/2009 7:43:05 AM PST · by kellynla · 52 replies · 1,360+ views
    National Review Online ^ | January 19, 2009 | Byron York
    What was he thinking? That is without doubt the question asked most often by nearly everyone looking into Treasury Secretary–designate Timothy Geithner’s failure to pay Social Security and Medicare taxes in 2001, 2002, and 2003. It’s certainly the question that will be asked at Geithner’s confirmation hearing on Wednesday. But it is also the question perhaps least likely to be answered to anyone’s satisfaction, because according to sources close to the confirmation process, Geithner doesn’t have an answer to that most basic question about his behavior. “His explanation was kind of, ‘I don’t know—it was stupid, obviously it was a...
  • Mr. Geithner's fiasco

    01/16/2009 5:15:41 PM PST · by rrstar96 · 59 replies · 1,079+ views
    The (New Orleans) Times-Picayune ^ | January 16, 2009 | Editorial
    The U.S. tax code is complex -- every taxpayer will concede that. But that does not fully explain how Timothy Geithner, President-elect Barack Obama's nominee for treasury secretary, failed to pay more than $34,000 in taxes over four years despite alerts from his employer that he would owe the money. Mr. Geithner, president of the Federal Reserve Bank of New York, has paid the money now. But a failure to pay taxes is at best poor symbolism coming from the person who would oversee the Internal Revenue Service. At worst, the non-payment is the type of conduct that could threaten...
  • Source: Treasury nominee failed to pay taxes

    01/13/2009 1:45:21 PM PST · by Syntyr · 119 replies · 4,620+ views
    My Way News ^ | 1/13/2009 | BRETT J. BLACKLEDGE
    WASHINGTON (AP) - President-elect Barack Obama's choice to run the Treasury Department and lead the economic rescue effort disclosed to senators Tuesday that he failed to pay $34,000 in taxes from 2001 to 2004, a last-minute complication in an otherwise smooth path to confirmation.
  • Another Obama CORRUPTION….. Treasury nominee failed to pay taxes.

    01/13/2009 3:49:54 PM PST · by Freefreq · 11 replies · 618+ views
    This was Obama’s pick to save the economic rescue effort for the country and the guy cant even pay his freaking taxes but Obama saw him fit to run the Treasury Department. It continues to get better and better as the days go by. President-elect Barack Obama’s choice to run the Treasury Department and lead the economic rescue effort disclosed to senators Tuesday that he failed to pay $34,000 in taxes from 2001 to 2004, a last-minute complication in an otherwise smooth path to confirmation. Timothy Geithner paid most of the past-due taxes days before Obama announced his nomination in...