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January 16, 2009 [LINK / comment]
Tax evasion? What-ever!
It's a sign of our times that the news that the man chosen by President-Elect Obama to be the next Treasury Secretary failed to pay taxes to the IRS had no discernible impact. On the face of it, the lapse on the part of Timothy Geithner seems to be more serious than the Federal investigation into Gov. Bill Richardson, which may turn out to be nothing at all but derailed his nomination nonetheless. But when the entire economy is collapsing and crooked CEOs are making off with billions of taxpayer dollars, Geithner's relatively small-scale offense pales in comparison. He is the highly-respected protege of former Treasury Secretary Larry Summers, who will become one of Obama's top economic advisers.
Washington Post columnist Dana Milbank called this "The Nomination That's Too Big to Fail," alluding to the flimsy rationale for bailing out AIG and other mammoth-sized financial institutions. He quoted Finance Committee Chairman Max Baucus (D-MT) who said, "senators have decided that times are too dire to be puritanical." Even most Republicans have minimized the transgression, all too ready to forgive what is claimed to be an "honest mistake." But as Sen. Jeff Sessions (R-AL) said, "The man who wants to be the top tax collector in America ... not having paid $35,000 in taxes, apparently maybe even involving an illegal alien, is a serious matter." I think so, too.
What is the real meaning of this easy pass for Geithner? That Congress is too frightened of rocking the boat by challenging a renowned financial expert and thereby creating another wave of panic on Wall Street.
Nice things about Bush
At The Mud Pit, they challenged readers to "Say Something Nice About George Bush," and here is my response:
This is quite a challenge, but I've come up with something VERY nice to say about "W": No president ever faced as much bitter hatred and derision as Bush did without ever showing that it was getting under his skin. Bush II never got sarcastic or lashed out at his enemies the way LBJ, Nixon, or Clinton did. He may lack poise, but he definitely lives up to the Christian value of "turning the other cheek," and he abides by his faith with complete sincerity. In that one way, I think he can redeem himself in the eyes of history.
Posted (or last updated or commented upon): 16 Jan 2009, 9: 56 PM
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Culture & Travel
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January 5, 2009 Illegal immigration: no problem
January 10, 2009 Bush's fiscal profligacy: a recap
January 20, 2009 Inauguration Day 2009
March 13, 2009 Tax revolt in Augusta County!
March 14, 2009 Mexican Army counterattacks
March 27, 2009 Facebook: resistance is futile
April 5, 2009 RPV chair Frederick is removed
April 8, 2009 Fujimori is convicted, again
May 3, 2009 (Very) Big Spring Day, 2009
June 12, 2009 Tiger Stadium memorial update
June 16, 2009 Home runs in New Yankee Stadium
June 28, 2009 Obama's health care proposals
June 29, 2009 House votes to regulate climate
July 7, 2009 R.I.P. Michael Jackson, Superstar
July 9, 2009 Conservative defeat in Mexico
August 16, 2009 Great Baseball Road Trip 2009
August 23, 2009 Road Trip 2009: The Birds of August
August 27, 2009 R.I.P. Edward M. Kennedy
September 7, 2009 Two clutch homers end Nats' skid
October 10, 2009 Republicans reunite in Verona
October 16, 2009 Health care polemics heat up
November 4, 2009 Republicans sweep Virginia races
November 5, 2009 Yankees are the 2009 champions
November 21, 2009 Senate votes on health care
December 23, 2009 Musings on health care "reform"
December 30, 2009 Decade of creation, and destruction
December 30, 2009 Whither the Republican soul?
December 31, 2009 A (half) decade of baseball in D.C.
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