NOW US has self admitting incompetent in charge of IRS and EVEN WORSE YET to lead them out of the crises. When asking government parties, why this guys? most respond, Because they had no one else that wanted the job! WTF Feel sorry for the US people, current US government is a big joke, and will continue to fleas tax payers/shpeople until they destroy the county.
Geithner's tax cheating is the least of my worries. Jim Bunning was heroic in yesterday's hearings. Sadly, I don't think anybody was paying attention. ... "In addition to questions about Geithner's tax missteps, Bunning and other Republican senators grilled the nominee about his involvement with the Federal Reserve Bank of New York, his connection with the sale of Bear Stearns and the bailout of AIG â institutions Bunning faults for the current economic meltdown. Bunning has been a critic of bailouts to the financial sector and American automakers. "Even before the disclosure of the nominee's tax problems, I had serious reservations about this nomination," Bunning said in a statement. "Mr. Geithner has been involved in just about every flawed bailout action of the previous administration. "He was the front-line regulator in New York when all the innovations that recently have brought our markets to their knees became widespread," Bunning's statement continued. "He went along with the flawed monetary policy decisions of (former and current Fed chairmen) Alan Greenspan and Ben Bernanke. He failed to cite China for manipulating its currency, and he stretched the law beyond recognition to bail out Bear Stearns." Those actions, Bunning said, raise questions about the nominee's judgment, and Geithner's failure to pay taxes despite specific guidance from the IMF "reflects a degree of negligence toward the law he will be charged with enforcing."
Amusing to see the white trash state of Kentucky opposing what the big money guys want as their Treasury Sec.