Audit Congress

Well you knew it had to happen sooner or later. Some of you have already suggested it and I can’t say its a bad idea. Have you paid your taxes lately? If you said “yes” then you are in good company.  Millions of Americans not only struggle with the duty of following a convoluted tax code,…

Read More

Geithner’s financial stability plan – cryptic and incomplete

I took a look at Geithner’s financial stability plan. There is an aspect that I think is interesting. A creation of a fund that will hold these bad bank assets. The fund would seek private investment as well as gov’t money. That is an interesting idea. The rest of the speech was basically telling us that they have not finished the plan.

Read More

Outrage? Really?

President Obama expresses sudden outrage at bonuses paid to Wall Street executives during what is arguably one of the worst years evah on the Street. Here’s the outrage bite. httpv://www.youtube.com/watch?v=wXtaClHCG2k But wait … his Treasury Secretary …. well he got a nice little bonus even though he presided over the banking collapse. Newly minted Treasury…

Read More

Other than Taxes … Uniquely Qualified. Update: Vote Monday

Update: The Senate Finance Committee has approved the Tim Geithner nomination and now the Senate expects to vote on the nomination on Monday … it is a done deal. The committee approved the nomination on an 18-5 vote, sending it to the full Senate. President Barack Obama is hoping for quick approval so that the…

Read More

Just in time to buy the banks – Video Added

It looks like the man so smart he couldn’t figure out his taxes will be confirmed as Treasury Secretary. Too bad. Tim Geithner also happens to be one of the “brain trusts” behind the current financial TARP program. You know, the one that’s been trying to bolster bank balance sheets. Soon … he will be…

Read More

There’s Nothing In The Treasury Anyway

Classic Shep Smith. His comments come on the heals of the Obama press conference on Treasury Secretary Nominee Timothy Geithner’s now well documented tax problems. You can watch Obama first here but essentially he dismisses the whole affair as “a mistake.” Well that’s about all Shep Smith can take and if you listen closely it really…

Read More

Memo To IRS: I forgot! Update: Graham

When the IRS comes a knock’n in the spring just tell those agents you forgot … you forgot to file. It was a mistake … and besides … the “Dear Leader” himself says that’s reason enough to get a pass. Go on … try it. Here’s “Mr. President-Elect” (man that ticks me off … it’s…

Read More