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  Topic: Geithner staying at Treasury
into 2013
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Geithner staying at Treasury
into 2013

The Hill [Washington DC], by Peter Schroeder

Original Article

Posted By:JoniTx, 11/10/2012 10:55:01 AM

Treasury Secretary Timothy Geithner plans to stay on in his current position at least until President Obama officially begins his second term. "Secretary Geithner has indicated that he will stay on through inauguration," White House press secretary Jay Carney said Friday. "He will obviously be a key participant in the negotiations around the so-called ´fiscal cliff´ issues, and the president very much appreciates that." Geithner previously had said he did not plan to stay on for the president´s second term, but he never gave a specific date for his departure. And with the combination of automatic spending cuts and

      


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Reply 1 - Posted by: lakerman1, 11/10/2012 11:10:02 AM     (No. 9005105)

Timmy the tax cheat stays on! How exciting!

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Reply 2 - Posted by: NYbob, 11/10/2012 11:48:26 AM     (No. 9005201)

His handlers still have funds to shift around and pull out of thin air. The international paupers will line up for a hand out no matter what. They have no believable alternative. The spike that is going to ruin the global Ponzi scheme is our own obligations. Look what has happened in the past 10 years. 4 more with this administration will bust the system instead of throw up the start of a turn around. It is CA, NY and every other non energy state´s debt, combined with broke boomers who will NOT find new jobs at the level of their lost jobs. All the underfunded pension funds, SS, SSI, and massive war on poverty programs. All of this will dilute your dollar. This USA is so far underwater at this point that only a disciplined businessman would have a clue about turning it around. That was too hard to comprehend for too many people and the cheating party controlled the hand count, so all of us have to hope we won´t be destroyed in 48 months. I´m afraid it is a long shot. Not sure a stunning failure would lead to sane America afterward. We might just be a bigger Argentina.

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Reply 3 - Posted by: lonestarm3, 11/10/2012 12:02:06 PM     (No. 9005229)

The approaching "fiscal cliff" is not the worst possible outcome for the american economy. The most likely "fix" is far, far worse!

A gradual, but steady, improvement in business and jobs that would be interpreted by our NEA educated generation of neo-keynsean economic illiterates as proof that "socialism ain´t all THAT bad" could consign our free-market constitutional republic to ash heap of history.

The american economy is analogous to a patient with advanced cancer forced to face the fearsome effects of radical surgery or palliate the pain with opiates and promises of a monetary marxist magic bullet cure.

If we become accustomed to serfdom we may, like the Russians of today, choose to remain in chains rather than again take up the burden of thinking and acting as freemen and women.

There is an old saying that may apply to Obamacare and Obamanomics: "The best way to get rid of a bad law is to enforce it strictly."



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Reply 4 - Posted by: Freeloader, 11/10/2012 12:06:36 PM     (No. 9005237)

Want a peek at why The United States Congress is such a giant sucking SNAFU? Take a look at the Wall Street Journal Online article, of January 14, 2009, entitled "Geithner´s Tax History Muddles Confirmation." Here´s what one of the GOP "stalwarts" had to offer during the confirmation hearings......."I still support him, said Senator Orrin Hatch (R., Utah) as he emerged from the meeting. ´He´s a very competent guy."

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Reply 5 - Posted by: jalo1951, 11/10/2012 12:37:07 PM     (No. 9005283)

Good news, I feel better now. s/o

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Reply 6 - Posted by: Johnny Angle, 11/10/2012 12:46:07 PM     (No. 9005301)

I thought he was decapitated in the movie Ghost.

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Reply 7 - Posted by: sfacheem, 11/10/2012 1:19:36 PM     (No. 9005347)

Well why not? After all he´s done such a good job so far.

s/off

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Reply 8 - Posted by: pineledger, 11/10/2012 1:38:56 PM     (No. 9005386)

He wants to be at the wheel when we go over the cliff.

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Reply 9 - Posted by: 3XALADY, 11/10/2012 1:40:32 PM     (No. 9005389)

#1 took the words right off my keyboard!

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Reply 10 - Posted by: nonsense, 11/10/2012 3:15:41 PM     (No. 9005559)

Always good to have a tax cheat in high office in case you need some help with your returns. What, little Timmy Geitner did not make enough millions yet to support himself during the Obama reign?

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Reply 11 - Posted by: Boneshaker, 11/10/2012 3:19:20 PM     (No. 9005567)

Turbo Tim has more work to do.
The destruction is not yet complete.
.

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Reply 12 - Posted by: Philipsonh, 11/10/2012 3:46:54 PM     (No. 9005621)

I personally do not like Mr Geithner in his job as Treasury Secretary. I believe that he just answers to the Administration. But I do not feel that he should be labeled a tax cheat.In his previous job he was in a unique position as being employed in a multi-Country
situation. It is entirely possibly that as he stated he filed his own taxes using a computer program that was not programmed to apply to his situation. He has repaid his shortage. Why are you folks still calling him a ´cheat´, which implies he knowingly underpaid. My taxes are done entirely by a
CPA. I just provide the data. If there is a mistake, I definitely would never know about it until the IRS rapped on my door, so to speak. I have no connection with Mr G. but I don´t consider him a tax cheat, just another of Obama´s flunkies, which is bad enough. I am sure the man can earn a higher salary outside Government and so he must be staying
in place because he believes that he is an asset to the USA. Most of us do not think so, but that is beside the point.








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Reply 13 - Posted by: steveracer, 11/10/2012 4:08:23 PM     (No. 9005660)

Ever notice the Dear Leader never fires anyone for incompetence. He probably encourages it.

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Reply 14 - Posted by: lakerman1, 11/10/2012 5:31:03 PM     (No. 9005804)

send post apologies, but, #12, here is the truth about geithner.
He was head of the NY federal reserve, but was also hired as a consultant by either the world bank or the IMF. And that consulting employer paid timmy his consulting fees, and in addition, as was their practice, they added supplemental money so he could pay his federal taxes. (common practice in such organizations.)
When the IRS caught up with him, timmy told them to go to hell, that the statute of limitations had run on most of the taxes due, and they could charge him with fraud if they wanted to, which would have set aside the statute of limitations. The IRS didn´t charge him with fraud.
But it was only when he was being nominated by president zero for Treasury that he paid back taxes and penalties.
His excuse, updated if you will, was that his Turbotax should have picked up the consulting money. But international organizations don´t do withholding, or W-9 forms - that´s why they add money to the fees to pay the taxes.
He is a first class creep. And his daddy worked at Ford Foundation, by the way, and supervised --- President Zero´s mother!

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Reply 15 - Posted by: ocjim, 11/10/2012 5:40:49 PM     (No. 9005831)

Clever Geithner figures that while the economy stays in the same flat and sinking mode, he´ll stay. As soon as it kicks in with the pent up roaring inflation caused by him and Bernanke, he´ll be gone in a second. And so will Bernanke.

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Reply 16 - Posted by: Hamrman, 11/10/2012 6:03:46 PM     (No. 9005889)

Oh boy more QE...keep those money presses running and soon we will look like Brazil of the 1970´s!!! Hyperinflation...

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Reply 17 - Posted by: King of all trolls, 11/10/2012 8:28:58 PM     (No. 9006129)

Timmy should have earned his merit badge for alchemy by now!

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Reply 18 - Posted by: Trigger2, 11/11/2012 6:01:15 AM     (No. 9006533)

Geithner, the tax cheat, is staying on to screw the real taxpayers. Isn´t that just so precious.

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