Re: "Capitalism without capitalists -- Why does Geithner have to bribe investors to take risks? wonders Daniel Gross," Sunday Points. I wish I thought Daniel Gross was correct in suspecting that Wall Street has lost its nerve. It seems more...
Re: "Keller failed to disclose property, records show -- Judge hasn't commented on nearly $2M omission," Monday news story. The Dallas Morning News reports that Judge Sharon Keller is seeking state aid to defend herself against ethics charges, while failing...
If the taxpayers own AIG (Always in Greed), and the executives from AIG who paid themselves those nice bonuses are also taxpayers, does that mean they own AIG, too? Maybe that's the problem. Polly Cooper, Dallas Congress, feel the pain...
Re: "Does he get it? Geithner must prove he knows what he's doing, says Eugene Robinson," Monday Viewpoints. The role of responsible journalism is to provide an unbiased yardstick by with the average citizen can make informed decisions, not scurrying...
The Obama administration released its plan this morning to buy up toxic assets. The idea is to launch a Public-Private Investment Program to buy, at first, $500 billion worth; some of that money comes from TARP, and a small amount...
Question: Who knew about the AIG bonuses and when? Answer: Depends on who is talking and the time of day. Treasury Secretary Tim Geithner: Said he learned about the bonuses about a week ago. However, he answered questions about the...
Newspapers are piling up in the corner, and I feel as though I am sitting on the tracks waiting for the train. Why should I be willing to pay for programs if our politicians are not? How can Treasury Secretary...
Re: "UT regent who quit defends bonuses -- Criticism of payouts to investment executives called grandstanding," Saturday Metro. So the UT regents paid out $3.3 million in bonuses to its investment company executives for overseeing earnings of "at least 2...
Treasury Secretary Tim Geithner's plan to get credit flowing again is drawing a predictable response. These aren't the words, but this is the shorthand version of the market response: OH MY GOD, ARE YOU SERIOUS, IT"S TRHAT BAD? Another...
Re: "Tax issues come to the forefront with Daschle -- Health secretary pick reported $128,000 in unpaid levies," Saturday news story. So former Sen. Tom Daschle and Treasury Secretary Timothy Geithner owed back taxes. Since they were nominated for positions...
So just how many political figures in the Obama administration have tax problems? The answer is too many. Nancy Killefer, who failed for a year and a half to pay employment taxes on household help, withdrew her candidacy to be...
Re: "Geithner confirmed for Treasury despite tax lapse -- Swearing-in quickly follows; 60-34 vote reflects ambivalence," Tuesday news story. So, out of millions of educated people in America, we are told that Timothy Geithner is the only person for this...
I worked for the Internal Revenue Service for many years. I am truly disturbed over the nomination of Timothy Geithner for treasury secretary. Anyone who did not file and pay his taxes when due while employed by the IRS would...
Re: "Accountability is very adult," by Priscilla Holloway, Tuesday Letters. We see some outrage, but not much in most of the media, about appointments like Timothy Geithner's. By failing to pay his taxes, Geithner is either a tax dodger or...
This story reveals an intriguing contrast of positions/ statements of Hank Paulson as Treasury Secretary with those of Tim Geithner as New York Fed president. It breaks down this way: Geithner issued warnings and Paulson dismissed them. My guess is...
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