SealXo
Member
+309|6839
http://www.reuters.com/article/topNews/ … 9820090127

WASHINGTON (Reuters) - Timothy Geithner won confirmation as U.S. Treasury secretary on Monday and vowed to act quickly to protect the U.S. economy from the worst financial crisis since the Great Depression.
President-elect Barack Obama’s choice to be Treasury secretary, failed to pay tens of thousands of dollars in federal taxes and also faces questions about the immigration status of a former household employee, according to the committee and the Obama transition.

After the underpayments were detected, he paid back taxes and interest totalling $43,200.
This idiot evaded the IRS and now he's in charge of it.

He supposedly "forgot" to do his taxes. right. He also got busted for putting his kids trips as 'business trips'.

/facepalm.

Last edited by SealXo (2009-01-26 18:36:44)

Harmor
Error_Name_Not_Found
+605|6852|San Diego, CA, USA
Welcome to a Democratically controlled majority dudely elected.

And this is just the start and their shenanigans...

1) Hope Obama fails at Socialism
2) Hope they don't pass the 'New New Deal'
3) Double standards FTL

Last edited by Harmor (2009-01-26 19:33:25)

ATG
Banned
+5,233|6833|Global Command
yup. A genuine head scratcher.
AussieReaper
( ͡° ͜ʖ ͡°)
+5,761|6456|what

After the underpayments were detected, he paid back taxes and interest totalling $43,200.

The taxes PLUS interest only came to $43,200. It's not like he was hiding a huge sum when you consider the amount this guy is earning. And he's paid it back, the IRS obviously didn't have much trouble convincing him he owed it.

Still a stupid move by him.
https://i.imgur.com/maVpUMN.png
KEN-JENNINGS
I am all that is MOD!
+2,984|6935|949

Why would he only "evade" taxes for one year?

Wow, a former Fed Reserve Bank chair guiding the Treasury.  Get your assholes ready Americans, because I'm sure this guy will be shoving something lovely up them sometime in the near future.
SealXo
Member
+309|6839

TheAussieReaper wrote:

And he's paid it back,
lol- cuz he got caught.
KEN-JENNINGS
I am all that is MOD!
+2,984|6935|949

SealXo wrote:

TheAussieReaper wrote:

And he's paid it back,
lol- cuz he got caught.
would you?  Didn't think so, so stop holding this dude to a different standard regarding that.  There are plenty of other reasons this guy is a douchenozzle.
Yellowman03
Once Again, We Meet at Last
+108|6538|Texas

SealXo wrote:

This idiot evaded the IRS and now he's in charge of it.
The Secretary of the Treasury does not control the IRS or any other federal financial sector.
SealXo
Member
+309|6839

Yellowman03 wrote:

SealXo wrote:

This idiot evaded the IRS and now he's in charge of it.
The Secretary of the Treasury does not control the IRS or any other federal financial sector.
Oversight and in charge of tax policy.
AussieReaper
( ͡° ͜ʖ ͡°)
+5,761|6456|what

Glad the IRS didn't try to hide the fact they caught him or he was above the law. Is the usual punishment for such just to pay the money back plus interest? Why isn't there a fine for wasting tax payer time and money chasing this guy for payments?

KEN-JENNINGS wrote:

Get your assholes ready Americans, because I'm sure this guy will be shoving something lovely up them sometime in the near future.
That's where he's going to keep his hidden cash from now on, the IRS will be less likely to look up there.
https://i.imgur.com/maVpUMN.png
Yellowman03
Once Again, We Meet at Last
+108|6538|Texas

SealXo wrote:

Yellowman03 wrote:

SealXo wrote:

This idiot evaded the IRS and now he's in charge of it.
The Secretary of the Treasury does not control the IRS or any other federal financial sector.
Oversight and in charge of tax policy.
tax policy that congress must approve. of course, right now, he has a blank check to do anything with congressional majority.
Stingray24
Proud member of the vast right-wing conspiracy
+1,060|6749|The Land of Scott Walker

KEN-JENNINGS wrote:

SealXo wrote:

TheAussieReaper wrote:

And he's paid it back,
lol- cuz he got caught.
would you?  Didn't think so, so stop holding this dude to a different standard regarding that.  There are plenty of other reasons this guy is a douchenozzle.
The law requires annual filing by everyone in this nation and he did not.  Looks like an even standard to me.
Spearhead
Gulf coast redneck hippy
+731|6993|Tampa Bay Florida
another racist stingray signature I see?

Yes he won cuz hes black
Turquoise
O Canada
+1,596|6709|North Carolina
I voted for Obama, but Stingray is kinda right there -- at least when it comes to the black vote.

I think a higher percentage of other races voted for Obama for reasons besides race, but then again...  if there had always been black presidents, and then a white candidate finally made the nomination of either big party, I'm sure whites would heavily support that guy.

Anyway, Geithner sounds like an asshole.  He's yet another bailout junkie.
Kmar
Truth is my Bitch
+5,695|6904|132 and Bush

Intent is arguable. But if he didn't intend to evade.. if he made a mistake, then I'd be equally as concerned. We've got enough incompetents in office.
Xbone Stormsurgezz
13rin
Member
+977|6783
Change!
I stood in line for four hours. They better give me a Wal-Mart gift card, or something.  - Rodney Booker, Job Fair attendee.
san4
The Mas
+311|6992|NYC, a place to live
His tax mistake is peanuts compared to his BAILOUT MISTAKE. Who thinks it's a good idea to give $700 billion to banks with no oversight? I think the new treasury secretary helped design that program.
Kmar
Truth is my Bitch
+5,695|6904|132 and Bush

O', there is oversight.. it's just rediculously stupid oversight. As in Bernanke owns you oversight.
Xbone Stormsurgezz
Warhammer
Member
+18|5984
As far as I heard, Geithner basically started the idea of the bailouts, which is bad in my opinion.
OxenBreeder
Member
+46|6069|KTRI
@OP, this really surprises you in America? Really?

When oh when, will "we the people" wake the fuck up?

Last edited by OxenBreeder (2009-01-26 22:45:17)

Turquoise
O Canada
+1,596|6709|North Carolina

OxenBreeder wrote:

@OP, this really surprises you in America? Really?

When oh when, will "we the people" wake the fuck up?
As corrupt as our system might be, it's still a lot less corrupt than most of the world.
Varegg
Support fanatic :-)
+2,206|7113|Nårvei

Turquoise wrote:

OxenBreeder wrote:

@OP, this really surprises you in America? Really?

When oh when, will "we the people" wake the fuck up?
As corrupt as our system might be, it's still a lot less corrupt than most of the world.
Still better than most African countries atleast
Wait behind the line ..............................................................
Turquoise
O Canada
+1,596|6709|North Carolina

Varegg wrote:

Turquoise wrote:

OxenBreeder wrote:

@OP, this really surprises you in America? Really?

When oh when, will "we the people" wake the fuck up?
As corrupt as our system might be, it's still a lot less corrupt than most of the world.
Still better than most African countries atleast
lol...  and Russia and China.
Kmar
Truth is my Bitch
+5,695|6904|132 and Bush

Turquoise wrote:

Varegg wrote:

Turquoise wrote:


As corrupt as our system might be, it's still a lot less corrupt than most of the world.
Still better than most African countries atleast
lol...  and Russia and China.
Mexico, South America, Central America, ME, .. Europe has got it's comparable politicians also.
Xbone Stormsurgezz
Varegg
Support fanatic :-)
+2,206|7113|Nårvei

Kmarion wrote:

Turquoise wrote:

Varegg wrote:


Still better than most African countries atleast
lol...  and Russia and China.
Mexico, South America, Central America, ME, .. Europe has got it's comparable politicians also.
No we don't ... except maybe Italy, Rumania, Polen, Portugal, Greece, Lichtenstein, Hungary, Belguim and Luxembourg ... and Germany, Ireland, England, Netherlands, Spain and Russia ...
Wait behind the line ..............................................................

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