The Magic 8-ball says it seems likely that the 47 year old New York Fed chief will be confirmed as Obama's Treasury Secretary tonight. Cheaters never win and winners never cheat...except in D.C. We all know the story of the bright young man that didn't pay nearly $40k in taxes on money he earned working for the IMF. Might have been an honest mistake, you say, because the IMF is in fact international. How then do you explain his act of trying to deduct his kid's summer camp on itemized expenses? Or that he failed to pay his share of taxes for four straight years after signing off on paperwork from the IMF that clearly showed his obligations? Maybe the most significant question in all of this is, why him? What makes him so good that he is above the law? Are we saying to everyone that this man is the one and only that can turn this economy around? Are there not others out there that can perform the duties of this post?
Maybe he is the best man for the job. He may hold the keys to the economic engine that will get this thing moving forward again. But, he cheated. He lied to the IRS, the same agency that he will be in charge of. He acted in his own self interest at a time when our new President is touting service and working together. In my book, that disqualifies him from this post and President Obama should withdraw him from consideration. If he doesn't, how do we explain this one to our kids?
Monday, January 26, 2009
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Daniel:
Having worked for the Treasury Department, I can state that "if" (big if) Mr. Secretary of the Treasury askedf or an EXTENSION and got one (or several if you know the RIGHT way to whine AND the RIGHT people), he would never be found "delinquent".
Clearly, this is never mentioned, so we can only surmise that this man did NOT pay up (initially).
It ticks me off to see people that miss the deadline, forget to ask for an entension, and THEN wind up with their assets FROZEN, if not taken by the "seizure-fever" boys at the IRS!
Then again, this is the same agency that brought you another fiasco from the mid 1980s, when they tossed out, or otherwise hid taxpayer forms just to make quotas and secure a larger budget the following year.
But I NEVER said any of that...and I was NEVER here, OK?
It's a whole NEW age...and NEW standards for everyone, right?
B.G.
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