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Tim Geithner confirmed as Treasury Secretary in the Midst of Controversy

Tuesday, January 27, 2009


President Obama's choice of Treasury secretary has been confirmed. Mr. Tim Geithner will now spearhead President Obama's response to the financial crisis. The vote to approve him was 60-34. Vice-President Biden then swore in Mr. Geithner at the Treasury Department. President Obama's original intention was to have his economic team in place by inauguration Day, as he would want Geithner assist him in pushing forward the $825 billion dollar economic stimulus plan.
In this editors opinion, I trust in Obama's selection for the job as Treasury Secretary, but it doesn't erase the fact that the candidate that Obama wanted to fill the position failed to pay his taxes four years in a row. What makes it considered as 'double jeopardy', Mr. Geithner was actually given a bonus to pay his taxes, equal to what he needed to pay, each of the four years that he didn't pay taxes. Instead, he kept the bonuses. Then he claims that he didn't know that he owed the money, but when he found out, he paid the taxes. How can that happen? Does that sound like someone you would want to head the Treasury. In a parallel comparison, if I didn't pay my taxes 4 year in a row, I believe I would be in serious trouble, and most likely go to jail. But with the support of Barack Obama and at least 11 Republic Senators, he was pushed through the confirmation hearing and now heads the Treasury.
One of the first moves that Giethner will do is to crack down on lobbyists. That story should unfold by tomorrow. Now regardless of what people think, Mr. Geithner is now the Treasury Secretary, and unless he has done something that someone would be considered an impeachable offense, my advise to his adversaries would be to let's now be concerned and spend our efforts to fix the economy, and use Mr. Geithner in a capacity to help that happen. I would also wish that the 'non-republican conservative Rush Limbaugh' consider this idea, but I don't think that he would be capable of understanding what is being conveyed here.
Again, as far as Geithner's capabilites to do the job, I don't think that anyone should question his ability.

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