Tax Errors and Bailout Gaffes: Is Tim Geithner the Right Man to Run Treasury?

He is only Sec.of Treas. for these nimble brained senators as you can see the whole country is loosing money only our TOGA clad senators keep raising their salaries.Why not senators Pay be determined by we the Tax Payers every time we elect these senators.All these senators ought to pay a price if they give this man a pass.Rules are for every person not different for all of us.If a poor kid steels a candy he spends time in some place why not this man pay some penalty for his crime not a SLAP on the WRIST for God sake.

Perhaps the most important thing that should be noted is that Geithner, by all accounts, was instrumental in the catastrophy that we refer to at the $700 billion bailout. I found it interesting that people were using this fact as a creditial for the Treasury position.

Geithner engineered the AIG bailout. In the AIG bailout, billions of taxpayer dollars were funneled through AIG to Goldman Sachs, Morgan Stanley and foreign investment banks. These banks made unfortunate investments with AIG, in CDS gambling. Why should US taxpayers pay for these bad bets when millions are losing their jobs and retirement savings? No Paulson. No Geithner. No Summers.

One of the things you're not looking at is that there are many categories of "income" which do not qualify as "income" under the unemployment tax. Geithner is not expected to have memorized those categories, but certainly his accountants should have.

Obama change continues - so much for transparency and ethics. It's still the same good ol' boy network of scam artists, grifters and flim-flam men.

Is he the only man out of 300 millions to get this job why not select a honest Joe among all of us and there are plenty to choose from.

I assume Geithner is bright. He is dishonest for not paying taxes as required for all good citizens of the nation. He is stupid for not paying the back taxes for 2001-2002 after learning about the back taxes. The United States of America simply cannot afford to have a dishonest and stupid Treasury Secretary. Obama needs to replace him with a bright person with integrity.

Geithner must go. I gave more than I could afford to elect Mr. Obama and the symoblism of a man who would intentionally nickel and dime his own government (c'mon Geithner knew what he was doing, just figured IRS wouldn't notice with millions of returns) is pathetic. I would like to see Robert Reich as Treasury Secretary---a Clinton guy who actually did a terrific job and helped give us a balanced budget and a strong economy in the 1990's.

So, the IRS KNEW he owed back-taxes? He wasn't hiding it? He was behind on taxes but held off paying them, right? Maybe he just waited till he knew if he had a job and could afford it before paying it all back.

When are people (regular hard working citizens) like us ever going to realize that politics is all an elite society game. Republicans as well as democrats politicians are all ostly crooks (Not all). Who do you prefer in office Hitler or Stalin? Mr. Madoff or Mr. Ponzi? It is all a joke and we are all the BUTT!!!!!!!!

Geithner as Treasury Secretary? What a joke. Has been cheating the IRS for how many years? Sure let's reward his actions by promoting him to be in charge of the IRS. I wonder what he's capable of if he's in office? THE TRUST IS LOST. I hope Obama & the other domocrats come to their senses and dump him!

I willing to bet anyone that this guy have more skeletons in the closet that are a whole lot worst.

Yes change, Obama. He's making his bed with the true lieing crooks. He will not change these crooks. They will continue the sell out (outsourceing of jobs by NAFTA and the WTO) started by Bill Clinton. Obama is now a puppet for their administration. He sold out and is in bed with them now. They will lie and minipulate the data. It will look go in a few months, but hang on for the big D.

Obama needs a good bag man

F#$k-up, fess-up, move-up!

I think that you all are looking at this wrong. He will be the perfect guy to feret out those who do not pay their taxes as he has the knowledge and experience of how to do it. Also for all those people who voted for change this time around talk to me, I have a bridge in Brooklyn that I would like you to make me an offer on.

The guy obviously was relying on his lofty position to avoid being in accord with the law. It makes me wonder about a number of things pertaining to his fitness for this job. (And please bear in mind that I voted for Obama.) Most have been stated in other postings here, so I won't repeat them. What I really wonder about is this: The amount of money is question was actually not that large. In that case, why was he so determined to avoid making the proper payments? It really makes me suspicious that he has financial problems that are still being hidden at this time.

Re our entire government, we can only hope to get the 2nd degree criminals rahter than the 1st, Republican or Democrat. There is simply only one of two conclusions you can conclude here. He is either guilty of tax evasion or simply not competent enough. But, if compelled to consider the 3rd, a simple mistake, the days of granting any benefit of doubt should be over!

Same old song and dance. You can cheat if you are already rich.

I am so sick and tired of the crooks running this country. It seems that dishonesty knows no political boundaries. This guy should withdraw. What would happen to any of us if we "forgot to pay our taxes"?. I sure haven't forgotten about the $150,000 I lost thanks to these crooks.