The Geithner Chronicles
This is an embarrassment: Timothy Geithner, whose nomination as Treasury secretary has been delayed by his past failure to pay taxes, was repeatedly advised in writing by the International Monetary Fund that he would be responsible for any Social Security and Medicare taxes he owed on income he earned at the IMF between 2001 and 2004. Questions about Mr. Geithner’s initial failure to pay more | Read More »
Counting The Hatch Before He Chickens
Senator Orrin Hatch is up for re-election in 2010. Before the 2008 election, I spoke to him and he was in a combative mood. At the time he was unwilling to give the Democrats a free pass. Since then, Senator Hatch has expressed his love of Barack Obama and announced he would vote both for Eric Holder as Attorney General and Tim Geithner as Secretary | Read More »
Leona Helmsley Went to Jail. Tim Geithner Might Go to Treasury.
Barack Obama, like George W. Bush before him, is starting off with loyalty as a fault. Continuing to stand behind Timothy Geithner for Treasury Secretary is not a change we can believe in. It’s the same old politics of one set of rules for the Joe the Plumbers of the world and a second set for the privileged, well-connected nomenklatura. Geithner is allegedly a brilliant | Read More »
What Happens When The Incoming Treasury Secretary Can’t Do His Own Taxes?
As indicated here, I think that the country has bigger fish to fry than the the state of Tim Geithner’s tax returns. But perhaps in writing what I wrote, I was a little quick to dismiss the magnitude of the situation. To be sure, this is an argument for tax simplification and to be sure, if Tim Geithner was a Republican-leaning plumber voter, he would | Read More »
Obama Back to the Drawing Board on Stimulus
The Post reports that the Obama team is changing course on its stimulus plan in response to criticism from Capitol Hill. Confronted with intense skepticism on Capitol Hill over the $700 billion financial rescue program, Treasury Secretary nominee Timothy F. Geithner and President-elect Barack Obama’s economic team are urgently overhauling the embattled initiative and broadening its scope well beyond Wall Street, sources familiar with the | Read More »
The Obama Economic Team
My take on how Team Obama is dealing with matters economic is up at the Arena.
Tim Geithner For Treasury Secretary
A good pick and credit where it is due. While I may have policy differences with Geithner, he is quite smart, quite talented, very good to work with and commands the respect of people on both sides of the aisle. He may not be as bright as Larry Summers but to be fair, few people are and one thing Geithner has over Summers is the | Read More »