Thursday, January 15, 2009

Another One Bites The Bus?

Bumpity bump bump, Bumpity bump bump look at OB go.

This is getting to be surreal. Tim Githner, Secretary Treasurer designee failed to pay taxes back from 2001-2004. No big deal, right? I mean, it was an honest goof by a smart (very smart) tax expert.

Githner worked at the International Monetary Fund (IMF) and was supposed to pay self-employment taxes. He did not, and was told by the IRS he owed back taxes from 2003 and 2004.  He paid part of them.

Along comes Obama’s team to tell him that he also needed to pay all back taxes for the same mistakes in 2001 and 2002. He obliged, paying all back taxes in full just days before being announced as the President Elect’s Treasury choice. (Imagine that!)

The media has called it an ‘oops’ or a ‘goof’ on Geithner’s part. He did not realize the mistake; did not realize he had to pay his own employment taxes. (But… isn’t he a very smart TAX EXPERT??) As usual, he was given a pass- unlike Bush’s designees whom were dropped from contention based on the same thing- not paying taxes on illegal employees, which Geithner is guilty of as well.

So now it comes to light that not only did he not pay taxes, but he signed the paperwork every year for the IMF saying that he paid his own taxes. And, by signing that, the IMF reimbursed him those very same taxes!

What this means, then, is that he is either a crook or totally incompetent. He was reimbursed for taxes he failed to pay. Another ‘goof’? Not hardly.

The only goof so far is the guy picking all of these idiot cabinet members. I HOPE it gets better.

You can read more about it here and here.

The revolution is at hand. Will you be a leader or a follower?

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