If you’re prescribed blood pressure medication, take it now before watching. As Ace points out, there is math in the video. Don’t let it worry you and stay with it. In fact, the math is what sets the point made in the video in complete context. Before you see it, remember who is in charge of the Treasury. Remember who had been previously in charge | Read More »
Cost to tax cheating private federal contractors to pay back owed taxes? $5 billion. Cost of having Teh Won let Tax Cheat Timmie go after these…tax cheats? Priceless. Look, I don’t have a problem with the government going after tax cheats. But come one, Geithner? That’s why he shouldn’t have been nominated to be the Treasury Secretary in the first place. Of course, being a | Read More »
About a year or so ago, Secretary of Goldman Sachs the Treasury Henry Paulson warned the country about the nature of toxic assets, those securities, valued in the trillions of dollars, that were so dragging the entire financial industry into the toilet and the country towards another economic depression, forcing the government to bail out several banks, bail out insurance giant AIG, and bail out | Read More »
Part I is here. Full disclosure; I am not an economist or an accountant, nor do I play those parts on TV. The opinions expressed below are mine and are based on observation and reading. As mentioned in Part I, Treasury Secretary “Tax Cheat” Geithner finally came up with more details on how the government plans to work out the mess in the financial and | Read More »
Full disclosure; I am not an economist or an accountant, nor do I play those parts on TV. The opinions expressed below are mine and are based on observation and reading. Treasury Secretary “Tax Cheat” Geithner finally unveiled his plan to get the credit and banking systems moving again by getting the federal government and private entities (backed by the federal government, including the Fed) | Read More »
During his less-than-stellar press conference last night, President Barack Obama touched on the announcement of Tax-Evader-In-Chief Treasury Secretary Tim Geithner’s plans to get the American financial and credit systems back on track: And so tomorrow my Treasury Secretary, Tim Geithner, will be announcing some very clear and specific plans for how we are going to start loosening up credit once again. And that means having | Read More »
BOHICA – Bend over, here it comes again. As everyone knows, the Senate worked late last night to line up a "deal" on the Porkulus bill between three Republicans (Collins and Snowe of Maine, and Specter of Pennsylvania) and representatives of the remaining 56 Democrats and 2 Independents (Lieberman of Connecticut and Sanders of Vermont). Based on what I saw, the other 38 Republicans don’t | Read More »
Per NBC, Eric Holder has been confirmed as the new Attorney General. The vote was 75-21. The roll isn’t available yet. I guess John Edwards was right, there are two Americas; one America for tax evading rich Democrats to attain high office, and the one for the rest of us who have to pay for it. UPDATE: Link to the roll call vote updated above. | Read More »
“Obama Plan Has Already Boosted IRS Tax Collections“: “The president’s plan is simple but ingenious,” said White House spokesman Robert Gibbs, “He targets wealthy individuals who filed inaccurate tax forms, cheating the government out of tens of thousands of dollars. Then he just nominates them for cabinet positions. They suddenly see the error of their ways, and they cut checks for the full amount owed, | Read More »
Oh, that’s right: Section 1. Ethics Pledge. Every appointee in every executive agency appointed on or after January 20, 2009, shall sign, and upon signing shall be contractually committed to, the following pledge upon becoming an appointee: “As a condition, and in consideration, of my employment in the United States Government in a position invested with the public trust, I commit myself to the following | Read More »
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