Newsflash: Wonderboy Treasury Secretary is in over his head

By Michelle Malkin  •  March 4, 2009 10:57 PM

They said he was uniquely qualified. A wunderkind. The Man with the Plan. Too big to fail.

Now we learn from the on-the-ball MSM that tax cheat Treasury Secretary Tim Geithner is flailing about and in over his head.

Who’s shocked?

For five weeks, Treasury Secretary Timothy Geithner has battled the worst economic crisis in generations with no key deputies in place. That’s made for a rocky debut for the man President Barack Obama put in charge of addressing the financial crisis.

With an awkward first television appearance, a bank rescue plan that lacked promised specifics and two restructured bailouts that raised taxpayer risk, Geithner has failed to calm financial markets desperate for answers.

Critics say part of the problem is that Geithner is flying solo: Not one of his top 17 deputies has been named, let alone confirmed. And without senior leadership, lower-level Treasury employees can’t make decisions or represent the government in crucial conversations with banks and others.

As Geithner strives to address the financial crisis, advance Obama’s agenda and work with foreign leaders to stave off economic disaster, he’s assembled a 50-person “shadow cabinet” of would-be appointees. Those people have received hall passes and can advise Geithner, but they lack any authority.

“Everyone would think it’s a travesty if the Defense Department didn’t have a lot of their people in place, because you’re in a crisis fighting a couple of wars,” said Tony Fratto, who was a Treasury spokesman under President George W. Bush. “But Tim Geithner is fighting wars on a few fronts himself, and he doesn’t have the generals there to help him.”

So, he’s chasing after international tax avoiders by himself.

And now, the tax cheat is assailing oil and gas companies for taking advantage of tax loopholes. No wonder he can’t get anyone to staff up underneath him. Everything he does is a punchline:

U.S. oil and natural gas producing companies should not receive federal subsidies in the form of tax breaks because their businesses contribute to global warming, U.S. Treasury Secretary Timothy Geithner told Congress on Wednesday.

It was one of the sharpest attacks yet on the oil and gas industry by a top Obama administration official, reinforcing the White House stance that new U.S. energy policy will focus on promoting renewable energy sources like wind and solar power and rely less on traditional fossil fuels like oil as America tackles climate change.

“We don’t believe it makes sense to significantly subsidize the production and use of sources of energy (like oil and gas) that are dramatically going to add to our climate change (problem). We don’t think that’s good economic policy and we think changing those incentives is good for the country,” Geithner told the Senate Finance Committee at a hearing on the White House’s proposed budget for the 2010 spending year.

The Obama administration’s budget would levy an excise tax on oil and natural gas produced in the Gulf of Mexico, raising $5.3 billion in revenue from 2011 to 2019.

This new 13 percent tax on all oil and gas production in the Gulf would only affect those companies enjoying a loophole that allows them to avoid paying royalties on the energy supplies they drill

***

Update: The NYPost editorial board chuckles:

here was Treasury Secretary Tim Geithner, boldly testifying Tuesday before Rep. Charlie Rangel’s Ways & Means Committee – promising that the Obama administration intends to propose “a series of legislative and enforcement measures to reduce . . . tax evasion and avoidance.”

Did he look Chairman Rangel in the eye when he said this?

Can he look himself in the eye at the shaving mirror each morning?

A crackdown on “tax evasion and avoidance”? Oh, the irony.

Posted in: Tim Geithner

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Trackbacks

  1. Waking up from a nightmare; America’s harsh reality « Northern Thoughts And Reflections
  2. Geithner gone in 3… 2… 1… « Useful Idiot Watch
  3. That tax cheat who just had to be confirmed, Tim Geithner proving that he can’t handle the pressure of the job | Fire Andrea Mitchell!
  4. Democrats Pull D.C. Voting Rights Act off House calendar « Goodtimepolitics
  5. There seems to be a flaw in Obama's Plan | All those wires!
  6. Tax Fraud in Chief Geithner is Drowning in Hypocrisy « American Glob
  7. Presidency of Fear « Peace and Freedom Global Future
  8. BizzyBlog » Lucid Links (030509)
  9. Jules Crittenden » Mission Accomplished
  10. The Tea Party is Here: Contrary to what you may think, Mr. President - We didn’t ask for socialism! « Jim Blazsik
  11. ‘Okie’ on the Lam » Blog Archive » Tax Cheat Appears Before Committee Headed By Tax Cheat — Can You Say Wolf, Hen House?
  12. Bent Notes » Blog Archive » Turns out Tim is every bit the Marxist, fool and Kool-Aid drinker that everybody else in the TCM administration is
  13. UrbanGrounds » Blog Archive » What Did One Tax Cheat Say to the Other?
  14. Obama Market Down Mega Big Time. Again » Pirate’s Cove
  15. Obama Market Down Mega Big Time. Again : Stop The ACLU
  16. Is Treasury Secretary Geithner Being Set Up To Fail? | Liberty Confidential
  17. Geithner’s Hand Picked Deputy at Treasury Drops Out « Peace and Freedom Global Future
  18. The Nobama Blog
  19. Lack Luster Falling Star « The Lioness
  20. Nobody Wants a Piece of This « Patriot Burr
  21. In over their heads … this is news? - The Angry White Guy
  22. TheTraderBlog.com » Ummm … You guys sure we’re ok ??
  23. Dow 5,000? | The Great Illuminator
  24. With Dow falling daily, will Geithner’s days be “numbered”; Obama’s Bear Market « Just Americans Making Ethical Statements Weblog
  25. Mr. Wolf’s Presence Needed To Clean Up Spatter And Carnage « OutOfTheBlu
  26. Mr. Wolf’s Presence Needed To Clean Up Spatter And Carnage « OutOfTheBlu

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Comments


  1. #639492
    On March 4th, 2009 at 11:04 pm, d1carter said:

    Whose fault is it that he can’t get any senior people hired?

  2. #639494
    On March 4th, 2009 at 11:07 pm, political junkie said:

    Just the beginning of four years of lame excuses for failing policies.

  3. #639498
    On March 4th, 2009 at 11:11 pm, AlohaGuy said:

    I thought Obama had 3000 advisers (or was that 300) ready at his fingertips awaiting every text with The Answer. Nobel prize winners, tax cheats, bomb-throwing terrorists, you name ‘em – all there to help.

  4. #639499
    On March 4th, 2009 at 11:14 pm, twofoot said:

    Heard on a little top of the hour newsblurb yesterday that the administration will be going after tax cheats. And now the tax cheat in chief is in over his head?

    Swine. Every one of them.

  5. #639500
    On March 4th, 2009 at 11:14 pm, dfern said:

    The only conclusion that one can reach as one observes what the Obama Administration is doing is that they INTENTIONALLY are seeking to destroy the American economy and replace it with a Socialist/Fascist State. How else can one explain Obama’s complete ignorance of the tanking of the stock market, Geithner’s blatent attack on petroleum companies (HELLOOOOO???? Doesn’t the economy of the US run on oil?), the Administration’s Nazi-esque attack on Rush Limbaugh (a private citizen), the Administration’s ignorant and dangerous foreign policy regarding Russia, Iran, and Israel?

    Obama and his minions may be many things, but they aren’t stupid. These people need to be stopped NOW!

  6. #639501
    On March 4th, 2009 at 11:15 pm, granite said:

    Only 1,418 days to go.
    Let’s all hang in there as best we can.
    Praying will help.

  7. #639502
    On March 4th, 2009 at 11:16 pm, AlohaGuy said:

    Newsflash: Wonderboy Treasury Secretary is in over his head

    You mean that degree in Asian Studies isn’t helping him save the financial world?

  8. #639503
    On March 4th, 2009 at 11:16 pm, granite said:

    On March 4th, 2009 at 11:14 pm, dfern said:

    The only conclusion that one can reach as one observes what the Obama Administration is doing is that they INTENTIONALLY are seeking to destroy the American economy and replace it with a Socialist/Fascist State.

    Yep.

    Obama and his minions may be many things, but they aren’t stupid. These people need to be stopped NOW!

    Double yep.

  9. #639505
    On March 4th, 2009 at 11:21 pm, NC BLUE said:

    dfern
    Spot on. This Administration is dead set on ruining this country. The lame stream media is in the tank–to their ultimate detriment. May God watch over our nation.

  10. #639509
    On March 4th, 2009 at 11:29 pm, the_moll said:

    dfern is 100% right.

    The problem is, by the time everyone realizes what’s happening it will be too late.

    Pundits and critics laugh at Obabma and his crew, thinking that they are all incompetent. WRONG! They know EXACTLY what they are doing. They are executing the plan, step by step.

    WAKE UP AMERICA!!

  11. #639510
    On March 4th, 2009 at 11:29 pm, Salt said:

    When desperate and even the left-leaning MSM is laughing at you… attack “Big Oil” and drop the green bomb.

    The playbook is so obvious at this point, it’s sad.

    We heard from the “office” of the president-elect for 2 months before the inauguration. Why can’t Geithner find 17 lieutenants? Even if he had them, he clearly doesn’t have any answers. If the chief is lost, how would these guys save him? (And even if one of them did, he would be proving that he’s more qualified than his boss.)

  12. #639516
    On March 4th, 2009 at 11:41 pm, WisCon said:

    What is shocking is that this appears in the AP.

  13. #639518
    On March 4th, 2009 at 11:42 pm, Durangodarlin said:

    I don’t know. Maybe all of you are right–this administration may know exactly what they are doing. But I get the feeling that they are trying to change so much in such a short amount of time that they are making a mess of their change. That could result in chaos but maybe not what they had in mind.

  14. #639521
    On March 4th, 2009 at 11:48 pm, Flyoverman said:

    Jacking up energy prices is one of the best was to further stagnate the economy and get hyper inflation off and running.

    He and his boss would make Ted Mack proud.

  15. #639525
    On March 5th, 2009 at 12:01 am, Dasher said:

    On March 4th, 2009 at 11:04 pm, d1carter said:

    Whose fault is it that he can’t get any senior people hired?

    Geithner is finding it difficult to hire qualified “yes men”, with skills, other than a$$ kissing.

  16. #639527
    On March 5th, 2009 at 12:04 am, happy2behere said:

    The IRS, under the US Department of the Treasury, has a national unit called the “Taxpayer Advocate.” Just wondering when she/he will, you know, Advocate for us Taxpayers.

  17. #639530
    On March 5th, 2009 at 12:10 am, torabora said:

    I hope he fails too.

    The sooner the better. He’s as painful as duh1.

  18. #639533
    On March 5th, 2009 at 12:20 am, Speakup said:

    The problem with socialism is that you eventually run out of others people money.
    - Margaret Thatcher

    “Those who steal from private individuals spend their lives in stocks and chains; those who steal from the public treasury go dressed in gold and purple.”
    – Marcus Porcius Cato – (Roman Statesman – 190 B.C.)

    Cooking the books is just a little more difficult than usual.

  19. #639537
    On March 5th, 2009 at 12:28 am, Stillwaiting said:

    He is a joke. Uniquely qualified? Absolutely. Not just anyone could prove himself incapable in such a short time. But being a tax cheat didn’t keep Geithner from getting the Treasury job, what are the odds being clueless will cause him to lose it?

    Instead of plotting to get more tax revenue out of smart, honest, hard-working taxpayers who manage to legally minimize their tax burden, he should be going after his own kind…the tax cheats. But of course he won’t.

    Regarding energy policy (and related tax policies), the left knows they don’t need to worry…they can just call “joe-4-oil”!!!

  20. #639538
    On March 5th, 2009 at 12:29 am, thirteen28 said:

    Obviously much better at avoiding taxes than getting people to pay them.

    O/T, via Ace, but it appears that Ann Coulter has some good stuff on Keith Olberman’s “Ivy League Cornell” education.

  21. #639541
    On March 5th, 2009 at 12:38 am, ArizonaNeanderthal said:

    the tax cheat is assailing oil and gas companies for taking advantage of tax loopholes.

    Interesting term LOOPHOLES; just what is a loophole, just what deductions and deferments are indeed loopholes? Obama has staff that considers your IRA, Roth and 401 plans loopholes and should be back taxed or even swapped out for Social Security bonds.

    Many consider Home Interest payments a loophole, charitable contributions, medical expenses, Child tax credit-all someone’s loophole.

    When you hear the term LOOPHOLE think-TAX INCREASE. Of course if we had a flat tax it would be irrelevant but DC and the thugs at the IRS would lose power and companies and people could make more rational decisions on how to invest and save-can’t have that can we? Those evil oil companies pay BILLIONS in taxes driving up the cost of energy. In 2008 Exxon paid more than $29 BILLION in taxes. Exxon provides useful products and services, Tim Geithner is Wondering “Boy- what have I got myself into?!

    Close loopholes? Local story from 1976

    Ettore DeGrazia, 73, Burned Paintings to Protest Taxes – …
    Ettore De Grazia, an Arizona artist who in 1976 protested taxes by burning paintings he valued at $1.5 million, died today of cancer. He was 73 years old.

    Mr. De Grazia’s paintings of Indians and Western subjects, featuring soft pastel-like colors, won national acclaim. He made headlines in 1976 when he rode by horseback into the rugged Superstition Mountains of central Arizona to burn 100 of his paintings to protest United States tax laws.

    Mr. De Grazia said he burned them because the Internal Revenue Service, by comparing his work with market values, made him ”a millionaire on paper and my heirs will have to pay taxes for which there is no money.”.

    Yes indeed Praying will help as will

    Keep the change-I’ll keep my guns

  22. #639542
    On March 5th, 2009 at 12:42 am, bear1909 said:

    The market will bottom at 3000 and 40 per cent of the banks operating now will cave altogether with no government bailout.

    Perfect. Free market will work its magic as lilbHo goes belly up crowing his campaign speech and Afghanistan slaps his skull.

    First 100 days: disaster. Money printing presses stop, foreign bond holders and t-bill afficianados flee to precious metals. I get richer and the Federal Government goes broke.

    Brakes screech. Pelosi Galore doesnt get paid. Junkets stop. Air Force One has to park.

    Fed gets audited as the government eats whomever and whatever it can so they can run for re-elections.

    These dumb asses in DC are not smart enough to take a country down. Our enemies will hit us soon.

    lilbHo is in disarray. The marines dont even cheer him.

    They can smell a rat. Look at him. He’s gaining weight from all that booze “sipping” and fancy meat.

    And people believed in this? Nice. What are u gonna tell your kids.

    I tell mine: I didnt vote for him or the Clinton gang to loot the treasury and sell us out to our enemies.

    If this is an intelligent plan, my ass is a fondue pot.

    Bear1909 out.

    PS: Even Soros is afraid. :lol:

  23. #639544
    On March 5th, 2009 at 12:48 am, PKAmmoTroop said:

    These people are not only incompetent, they’re a frapping laugh riot! Of course Geithner isn’t going to find tax cheats, he’s looking on the wrong side of the aisle. Tim: Toss a dead cat in Al Sharpton’s direction, you’re bound to hit half a dozen tax cheats.

    Gawd – even a blind dog can find a bone.

    And that “Global Warming” excuse! Laugh riot! After the daily embarrassments the ‘glowarmers’ are making of themselves someone is actually arrogant enough and stupid enough to use the fully disproved AWG lie as an excuse for something! Now I know where to go if I find my snake needs oiling.

    Note to Keith Olberman: Like the fact that the Master lock on my foot locker didn’t make me a Master Sergeant, the yale lock on your gym locker (contents: tutu, toe shoes, talcum powder) doesn’t give you a Yale education… and that cornell red sweatshirt doesn’t do it either.

  24. #639554
    On March 5th, 2009 at 1:17 am, Joy said:

    This is the most suicidal agenda I’ve ever witnessed. Mind-numbing in its audacity and complete stupidity.

    This nation is in a train plummeting off a cliff and the Administration is yelling “Faster! Faster!”

  25. #639556
    On March 5th, 2009 at 1:18 am, hadsil said:

    Almost as if the President has no experience himself. Nah, that couldn’t be. He was a Community Organizer!

  26. #639565
    On March 5th, 2009 at 2:04 am, RabbidSquirrel said:

    I thought Obama had 3000 advisers (or was that 300) ready at his fingertips awaiting every text with The Answer.

    No sympathy at all…. “But give him a chance RS, he’s new”

    My bad. Who campaigned on the platform of ‘Ready to lead on Day 1′ and ‘Who are you going to call at 3AM’?

    When you’re ready to lead on Day 1 you have all your ducks in a row ON DAY 1. You cant use the excuse “Its Bushes fault” because you campaigned THAT YOU ARE THE MAN.

    Even in my piddly little job, it takes 6 months to figure out what the @%$# Im doing. And Im not trying to change the world or declaring that I know more than everyone else. (I guess Obamas daddy didnt run the CIA or was president or that his VP ran a multi-national corporation…. oooooooopppppppssssss.)

    Who’s your #1 man?? Some jack-a-whore from Chicago?

  27. #639572
    On March 5th, 2009 at 2:44 am, right_on said:

    It’s looking more and more like theObama Mis-Administration may not last for four years. This “would be Caesar” and his cohorts (or partners in crime, you choose) are flailing and fiddling around while Rome burns.

    This “off the charts smart” Obama, is showing that he is really not that cerebral after all. Those who have proclaimed him as such, need to learn the difference between intelligent and conniving. One doesn’t need brains to be deceptive. His actions, and selections for his cabinet/czar positions are proving his unpreparedness for the office he holds.

  28. #639582
    On March 5th, 2009 at 3:35 am, Truesoldier said:

    This new 13 percent tax on all oil and gas production in the Gulf would only affect those companies enjoying a loophole that allows them to avoid paying royalties on the energy supplies they drill

    Does he seriously believe this statement? The taxes will be passed onto the consumers at the pump which will lead to more COngressional inquiries into price gouging, which will lead to higher taxes, which will get passed onto the consumer, which will lead to more Congressional inquiries into price gouging…..

    Here is just more proof that the Liberals have no idea how economics work.

  29. #639594
    On March 5th, 2009 at 5:04 am, graysonret said:

    When in trouble, redirect the attention to an “enemy” (oil companies and global warming). That’s always been a favorite tactic. Like the 30s, the reason the economy is continuing to fail is because investors and those with money are keeping it. To invest now, with the government is such disarray, is foolish. Lord knows what new regulation, tax hike, or “economic plan” will come out tomorrow or next week. With stagnation and a confused stock market, companies will have to lay off workers to stay even. Enter price fixing and more bailouts. It’s the ’30s all over again, because the government, in its greed for power, and a dumbed down public didn’t learn the first time.

  30. #639597
    On March 5th, 2009 at 5:08 am, Sea_Dog said:

    One only has to step back and with a cold unprejudiced eye look at all the inconsistencies to see the the administration is flailing around with no firm guidance. Just in the last 24 hours: BO – “I’m for line item veto”, and Congress defeats a line item veto bill; BO – “I want to revise the federal contract process” and Congress defeats a bill to do just that. BO “I’m for quality education for everyone” as Congress considers a bill to strip the voucher program so that the little ob’s don’t have to associate with the ‘po folks’ at their school. “All are equal, just some are more equal than others.”

    Semper Fi

  31. #639608
    On March 5th, 2009 at 6:19 am, Dandapani said:

    The putz is worrying about “Global Warming” while the financial markets are flaying about? No wonder Wall Street has no confidence in him. He is all over the map. Frack up over here, frack up over there. Which sector is next to be shanghaied?

  32. #639613
    On March 5th, 2009 at 6:44 am, conservativesRus said:

    In spite of the additional class warfare from the know nothing tax cheat, with the exception of the 15% “revenue” deduction – I’d have to say every other part of oil industry tax code works exactly the same as any other business. There really is no special treatment. For every “special” treatment which he thinks exists, I can show that it’s exactly the same as every other industry – including his precious financial industry.
    Every congress critter who voted to confirm needs to be without job next time their “contract” comes up.
    There is a pattern here – empty suit on top, empty head next. Though both have plenty of “worship”.

  33. #639623
    On March 5th, 2009 at 7:25 am, jjmurphy said:

    Whose fault is it that he can’t get any senior people hired?

    Why would anybody in the financial community with any sort of brain, and who hopes to have a future in finance, want anything to do with Geithner or this administration?

    And Geithner’s attack on the oil companies is stunningly stupid, and yet, totally predictable.

  34. #639627
    On March 5th, 2009 at 7:43 am, ctmom said:

    Do you ever wonder if Obama set Geithner up to be his fall guy? For a guy running on his superior judgement he sure screwed this one up.

  35. #639632
    On March 5th, 2009 at 8:03 am, conservativesRus said:

    On March 5th, 2009 at 7:43 am, ctmom said:

    Do you ever wonder if Obama set Geithner up to be his fall guy? For a guy running on his superior judgement he sure screwed this one up.

    I’m becoming increasingly convinced the goal is NOT success – but rather power. If “they” can mess things up enough, “they” can declare whatever they want and a substantial portion of the sheep who are scared will go along with it. If things are good, they have no chance at power. Power is their god. This “indictment” is against the majority of government – of both major parties (and the “lesser” parties as well) at all levels.

  36. #639633
    On March 5th, 2009 at 8:03 am, reaganite said:

    Obama and his minions may be many things, but they aren’t stupid. These people need to be stopped NOW!

    I have to disagree with that, somewhat.

    Having political “steet smarts” doesn’t translate into real intelligence.

    I’m not going to go down the same road the “Bush is dumb” crowd did, because it’s not that cut and dry.

    However, I have always thought that arrogance is a sign of, for lack of a better word, stupidity.

    People who are really smart don’t need to be arrogant. People who are very smart and arrogant aren’t as smart as they think they are, because they would know their arrogance impedes the learning process and gives them a more narrow view.

    See, if I was arrogant, I would realize what a crappy post this turned into, because I can’t explain this without going into a long, rambling post.

  37. #639637
    On March 5th, 2009 at 8:18 am, Durangodarlin said:

    Maybe this administration should step back, go to Camp David for a 3-year weekend, take a deep breath, regroup, and come back for the last month of their term, then get out!

  38. #639638
    On March 5th, 2009 at 8:19 am, jsr said:

    We don’t think that’s good economic policy and we think changing those incentives is good for the country

    Great. So Geithner thinks higher energy costs will be good for the economy. In addition to the pain this will cause consumers, have the Dems considered what higher energy prices will do to what is left of manufacturing in this country? Most of these industries are energy intensive and already have to compete with third world countrties that have significanly lower labor costs, regulations and overhead. I doubt they will be implementing any global warming taxes any time soon and are probably already rolling out the welcome mats to more companies that will be fleeing this socialist nightmare. These carbon taxes will be another coffin nail for Amrican industry.

    I lived several years in a third world country and, while very difficult, it was an interesting experience. I always told myself I would consider doing it again but never imagined I would be doing it here in the USA.

  39. #639646
    On March 5th, 2009 at 8:37 am, MarkD said:

    You’ll know they are serious when Obama grounds Air Force One.

    I recognize hypocritical BS when I see it. Obama works for us, and it’s time to put the civil and the servant back in civil servant. We’ve let the help play King and Lords for far too long.

  40. #639647
    On March 5th, 2009 at 8:42 am, WarEagle82 said:

    How can these “brightest and best” continually say the stupidest things? Do they realize how lame and idiotic they sound? The phrase “educated beyond his intelligence” comes to mind.

    Obama and his team have destroyed trillions of wealth they wanted to tax since they took office. The DJIA is on pace to hit 5000 in a matter of weeks. And all they can do is explain how they are going to vastly increase spending and taxes and which industries they going to cripple with moronic, trendy policies.

    I wonder if Peggy Noonan and her BFFs still hope Obama will govern as a centrist?

  41. #639650
    On March 5th, 2009 at 8:48 am, jjmurphy said:

    have the Dems considered what higher energy prices will do to what is left of manufacturing in this country?

    jsr – They may have thought about it, but it is irrelevant to them. As conservativesRus said, this is about power, not success.

    No company in their right mind would expand operations in the USA at this point. The successful companies should be making plans to offshore as much as possible. Of course with Obama going after the cash companies keep offshore to avoid the highest combined federal/state taxes in the world, they may have to leave the USA altogether. That will do wonders for employment.

  42. #639651
    On March 5th, 2009 at 8:51 am, jjmurphy said:

    WarEagle82 said: #40

    Well said!

  43. #639652
    On March 5th, 2009 at 8:51 am, wrcnossen said:

    Now, it must be hard to find 17 people who both know something about economics and banking and are willing to follow the path to failure as laid out by this white house group of fools.

  44. #639654
    On March 5th, 2009 at 8:58 am, Truesoldier said:

    I think Reagan said it best when he said:

    The best minds are not in government. If any were, business would steal them away.

  45. #639655
    On March 5th, 2009 at 8:59 am, John Deaux said:

    You know it’s all Limbaugh/Steele/Palin’s fault that these deputies haven’t been appointed because they are behind the failed Bush economic policies of the last eight years and um, made the worst crisis since the Great Depression!

    /lgm

  46. #639658
    On March 5th, 2009 at 9:00 am, lgm said:

    And yet Obama/Geithner/Summers/Romer/Orszag have got stuff done. They produced the stimulus package, the budget, and TARP2. You may not like them, but they did get done.

    Would you rather have lazy Bush with his perfectly knotted tie?

  47. #639660
    On March 5th, 2009 at 9:04 am, Truesoldier said:

    On March 5th, 2009 at 9:00 am, lgm said:
    And yet Obama/Geithner/Summers/Romer/Orszag have got stuff done. They produced the stimulus package, the budget, and TARP2. You may not like them, but they did get done.

    I would much rather they take a 3 and a half year vacation before they destroy the rest of the economy that Bush and his Liberal buddies in the Congress started to destroy with their (and the current administrations) Socialistic agenda.

  48. #639662
    On March 5th, 2009 at 9:06 am, jjmurphy said:

    And yet Obama/Geithner/Summers/Romer/Orszag have got stuff done. They produced the stimulus package, the budget, and TARP2. You may not like them, but they did get done.

    lgm, you are simply hopeless. You may be a wonderful person, mean well, and be nice to animals, but you are simply hopeless.

  49. #639663
    On March 5th, 2009 at 9:07 am, md1964 said:

    Obama Admin = “Incompetence you can Believe in”.

    We are screwed!!!!!!!!

  50. #639664
    On March 5th, 2009 at 9:07 am, ThunderHawkk said:

    Aloha Guy – Don’t make fun of his Asian Studies degree! That degree came in very handy when he was trying to hook up with those female Chinese exchange students!

    Seriously, THERE IS NO SUCH THING AS CLIMATE CHANGE! Nothing infururiates me more than when libturds talk about climate change.

  51. #639668
    On March 5th, 2009 at 9:09 am, plymouthacclaim said:

    So, he’s chasing after international tax avoiders by like himself

    Fixed it!

  52. #639687
    On March 5th, 2009 at 9:28 am, Truesoldier said:

    On March 5th, 2009 at 9:09 am, plymouthacclaim said:
    So, he’s chasing after international tax avoiders like himself

    I see he is recruiting for those open positions.

  53. #639695
    On March 5th, 2009 at 9:33 am, Paul Revere said:

    On March 4th, 2009 at 11:15 pm, granite said:
    Only 1,418 days to go.
    Let’s all hang in there as best we can.
    Praying will help.

    Are you counting down like I am?

  54. #639701
    On March 5th, 2009 at 9:38 am, Tazed and Confused said:

    Timmy boy has no friggin’ zero credibility… who’se going to take this punk seriously…

  55. #639705
    On March 5th, 2009 at 9:39 am, RTater said:

    He doesn’t even have to do much of the work:

    http://www.macon.com/198/story/640079.html

    ATLANTA — Nearly 10 percent of Georgia state legislators are late filing or paying their state taxes, and state Sen. Robert Brown is apparently among them.

    Brown, D-Macon, said Wednesday he’s not sure whether he actually owes the state or federal government any money because he hasn’t filed tax returns. He said he’s gotten extensions, but he declined to give more information or say for what years he received filing extensions.

  56. #639709
    On March 5th, 2009 at 9:40 am, hunter said:

    He said he’s gotten extensions,

    I may be wrong, but don’t you have to pay estimated taxes when filing an extension?

  57. #639721
    On March 5th, 2009 at 9:45 am, sonofdy said:

    And yet Obama/Geithner/Summers/Romer/Orszag have got stuff done. They produced the stimulus package, the budget, and TARP2. You may not like them, but they did get done.

    You seem to think that bankrupting the entire nation is a good thing???

    Would you rather have lazy Bush with his perfectly knotted tie?

    At this point I am thinking carter would be better.

  58. #639743
    On March 5th, 2009 at 9:58 am, Cosmo said:

    Thank goodness that this is the “most transparent administration in history” so we can watch all the flaming-out live in direct.

    We can, can’t we?

    MSM?

    Hello?

    Put down the Octomom copy and report the news…

    Hello?

  59. #639746
    On March 5th, 2009 at 10:00 am, sonofdy said:

    Boy I am glad we sent all that money to GM. We bought them a few months before they ended up bankrupt anyway. WAY worth the 25 billion…

  60. #639749
    On March 5th, 2009 at 10:01 am, granite said:

    On March 5th, 2009 at 8:03 am, conservativesRus said:

    I’m becoming increasingly convinced the goal is NOT success – but rather power.

    Of course, power is their only goal.

  61. #639754
    On March 5th, 2009 at 10:03 am, DamnCat said:

    Obama and his minions may be many things, but they aren’t stupid. These people need to be stopped NOW!

    Who will stop them? Not the Democrats in Congress they are getting everything they want. Not the supine, bootlicking media – he’s their guy.

    The soonest they can be stopped in 2011 – and they will do a world of damage between now and then. They won – we’re screwed.

  62. #639756
    On March 5th, 2009 at 10:04 am, MarcoPolo said:

    dfern was right when he said:

    The only conclusion that one can reach as one observes what the Obama Administration is doing is that they INTENTIONALLY are seeking to destroy the American economy and replace it with a Socialist/Fascist State.

    He has no real interest in creating a strong economy. The more things that he crashes, the better the excuse to grab power.

    He is passing one huge bill every week, at least. The damage he can do to American freedom in 4 long years is immeasurable in my mind.

    And we will never go back. Nobody is going to repeal the law that says the feds should keep a national database, and the medical profession doesn’t have enough of a spine to stand together and say “No!”

    America was the last refuge of the proud and free, but we’ve lost. We’re being marginalized and minimized, our successes purposely undermined so the world can move toward a global system of government.

    We were too busy fighting terrorists to fight socialists, and we lost our country.

  63. #639757
    On March 5th, 2009 at 10:05 am, granite said:

    On March 5th, 2009 at 9:33 am, Paul Revere said:

    Are you counting down like I am?

    Ohhhh, yeah…!

  64. #639759
    On March 5th, 2009 at 10:07 am, pakurilecz said:

    “for taking advantage of tax loopholes. ”

    pls don’t call them loopholes. they are legitimate deductions authorized by the Congress. the oil and gas companies aren’t doing anything illegal

  65. #639761
    On March 5th, 2009 at 10:07 am, jjmurphy said:

    Of course, power is their only goal.

    Granite – you are correct. One way to keep sane about the actions of Obama and his minions is to realize everything they do is about control and power, for them. It is disgusting to watch, but it becomes understandable. Success, freedom, liberty, and personal responsibility are not even in their universe of ideas.

  66. #639764
    On March 5th, 2009 at 10:09 am, granite said:

    On March 5th, 2009 at 10:04 am, MarcoPolo said:

    We were too busy fighting terrorists to fight socialists, and we lost our country.

    I have said, and written at blogs, for the past 5 or so years that our domestic enemies are at least as dangerous as, and quite possibly more dangerous than, our foreign enemies.

    I don’t think the battle is lost…yet.
    In fact, I have faith that we will be victorious.
    But, my gut tells me it’s going to get quite nasty.

  67. #639765
    On March 5th, 2009 at 10:09 am, jjmurphy said:

    We were too busy fighting terrorists to fight socialists, and we lost our country.

    Oh, and by the way, those terrorists are still watching us and liking what they see.

  68. #639769
    On March 5th, 2009 at 10:12 am, granite said:

    On March 5th, 2009 at 10:07 am, jjmurphy said:

    One way to keep sane about the actions of Obama and his minions is to realize everything they do is about control and power, for them. It is disgusting to watch, but it becomes understandable. Success, freedom, liberty, and personal responsibility are not even in their universe of ideas.

    Agreed.

    They are of the opposite worldview.

    To them, only power, money, and sex matter.
    And, when one thinks about it, power, sex, and money are really but different manifestations of the same thing…power. Amoral power.

  69. #639774
    On March 5th, 2009 at 10:15 am, Savage24 said:

    Not to worry, it’s all Rush Limbaugh fault!

  70. #639776
    On March 5th, 2009 at 10:16 am, scituate_tgr said:

    Well I just got laid off an hour ago, maybe I can apply for a position with Timmy boy.

    While I don’t have any tax experience other than PAYING THEM – will I quality if I stop paying my taxes, bills and mortgage?

  71. #639777
    On March 5th, 2009 at 10:16 am, AmericanPatriot said:

    Just got off the phone with my son’s American Government teacher.
    I bet she regretted calling me.

    I suggested a couple exercises.
    1.Pick any government policy and tell the students to find where in the Constitution the power exists. For example, government bail outs to private companies.

    2. Discuss the 10th Amendment movement that is started in 16 states.

    I’m sure she’ll immediately add those into the curriculum /sarc off

  72. #639784
    On March 5th, 2009 at 10:23 am, Pasadena Phil said:

    So how much longer are these government saviors going to keep telling us that they are going to do something? When are they going to do it?

    But before you do, how about we discuss the details first. Oops! That wouldn’t make for a very good kabuki play.

  73. #639785
    On March 5th, 2009 at 10:24 am, pueblo1032 said:

    In over his head??? Well that’s because his head is so far up his HINEY, he can’t see what he is doing… Anyone who saw his first PRESSER, knows he is in “over his head”… And, has anyone noticed how much “PLAY” this administration is giving to “CLIMATE CHANGE”??? People, we had better get our HEADS OUT, and fast… These WACKOS are following the GORACAL’s “CONSENSUS”… If you want 8.00/gal gas, just remain PASSIVE to this MADNESS… That’s all it will take…

  74. #639789
    On March 5th, 2009 at 10:30 am, TheEnergyAnalyst said:

    What we have is a crisis in confidence. How is it that this genius cannot understand, that this government of the “best and brightest” that this President whose “IQ is off the charts” cannot understand that this is a crisis in confidence. The probelm is not climate change. NO BODY CARES ABOUT CLIMATE CHANGE. FIX THE F’ING ECONOMY or at the least stay out of the way so it will fix itself!!!!!

  75. #639793
    On March 5th, 2009 at 10:31 am, John Deaux said:

    On March 5th, 2009 at 10:16 am, scituate_tgr said:
    Well I just got laid off an hour ago

    Sorry to hear that, but I wish the best for you.

  76. #639796
    On March 5th, 2009 at 10:32 am, cheapseat said:

    savage24, of course it is limbaugh’s fault, he talked down the economy for the past 15 months with a constant election propaganda drumbeat of “it’s the worst economy in 60 years”. but as lgm points out, it must include that time honored bashee of the communist left george bush. after all bush lied and americans died. but now we have obama lied and americans cried. let’s see how lgm likes soup lines and criminal thugs going into homes and killing the residents so they can live there for a while. happened in russia when that communist workers paradise FAILED. get a life. bush protected the u.s. from attacks following 911, that is the president’s main job. the congress spends money. until 2006 when nancy and soros took over, the economy was fine. now a total shambles, and anyone nearing retirement age is devastated. great job lgm. keep listening to obummer and olberdork. you too will soon be facing life under an overpass. how do you see the universities funding themselves, or the k – 12 schools when property taxes and business tax falls. you better read the fine print on the tenure contract. it doesn’t cover the university going out of business.

  77. #639849
    On March 5th, 2009 at 10:53 am, sonofdy said:

    Well I just got laid off an hour ago, maybe I can apply for a position with Timmy boy.

    Sorry to hear that.

    While I don’t have any tax experience other than PAYING THEM – will I quality if I stop paying my taxes, bills and mortgage?

    Seems like it.

  78. #639850
    On March 5th, 2009 at 10:53 am, scituate_tgr said:

    John Deaux said: Sorry to hear that, but I wish the best for you.

    Thanks John, I appreciate that!

    And like most [on this blog] we are creative, determined, and always looking for new opportunities ahead because THAT’S what America is all about…regardless of the roadblocks from this new administration.

  79. #639878
    On March 5th, 2009 at 11:00 am, TheEnergyAnalyst said:

    And like most [on this blog] we are creative, determined, and always looking for new opportunities ahead because THAT’S what America is all about…regardless of the roadblocks from this new administration.

    It would be nice to think that the government was working with you, or at least not against you, but that appears to be too much to ask from this crew.

    Tell us what you do and where you are. Help comes from the strangest places. Above all, keep your chin up!!!

  80. #639881
    On March 5th, 2009 at 11:02 am, conservativesRus said:

    On March 5th, 2009 at 9:00 am, lgm said:

    And yet Obama/Geithner/Summers/Romer/Orszag have got stuff done. They produced the stimulus package, the budget, and TARP2. You may not like them, but they did get done.

    Yes lgm – they did indeed get things done. NOT A SINGLE ONE of the things they did get done puts the country on better economic footing.
    Doing the wrong thing is worse than doing nothing.

  81. #639883
    On March 5th, 2009 at 11:04 am, sonofdy said:

    Oh crap, who gave a speach now?

    DOW down 150 points.

  82. #639891
    On March 5th, 2009 at 11:06 am, conservativesRus said:

    On March 5th, 2009 at 10:01 am, granite said:
    Of course, power is their only goal

    granite: I wasn’t referring only to the current libs in washington – I was generally referring to ALL of them – no matter what letter they carry after their name.

  83. #639900
    On March 5th, 2009 at 11:09 am, vickisoup said:

    Shame. On. Him.

  84. #639903
    On March 5th, 2009 at 11:10 am, sonofdy said:

    Oh its Tim Geithner. Never mind. Someone needs to tell these guys to STFU before my 101k becomes a 51k

  85. #639904
    On March 5th, 2009 at 11:11 am, vickisoup said:

    On March 5th, 2009 at 9:00 am, lgm said:

    And yet Obama/Geithner/Summers/Romer/Orszag have got stuff done. They produced the stimulus package, the budget, and TARP2. You may not like them, but they did get done.

    Oh, and lgm, so what? Clogging up the toilet is also, “getting something done”. So there.
    :shock:

  86. #639906
    On March 5th, 2009 at 11:12 am, sonofdy said:

    No, seriously, Tim Geithner, STFU. STOP, just STOP. Please. Everytime you open your worthless mouth the market drops so SHUT UP.

  87. #639911
    On March 5th, 2009 at 11:13 am, vickisoup said:

    sonfody, what’s the problem? At least he’s “getting something done”! With a goal like, “getting something done”, everyone’s a winner, right?? Just ask lgm.

  88. #639912
    On March 5th, 2009 at 11:13 am, conservativesRus said:

    On March 5th, 2009 at 10:04 am, MarcoPolo said:
    We were too busy fighting terrorists to fight socialists, and we lost our country.

    We can thank our last president for that. I’m still not able to define what his governing philosophy was. I’m able to do so with every other previous president.

  89. #639916
    On March 5th, 2009 at 11:15 am, vickisoup said:

    I’m able to do so with every other previous president.

    Ok, I’ll bite:
    Jimmy Carter…and GO!

  90. #639917
    On March 5th, 2009 at 11:16 am, sonofdy said:

    sonofdy grumbles something about getting things done with a baseball bat…..

  91. #639930
    On March 5th, 2009 at 11:26 am, Ed Mahmoud abu al-Kahoul said:

    Shutting down the American oil and gas business (and all the taxes and royalties they already pay) should do wonders for the Federal trasury.

    The US oil and gas industry is the #2 source of Federal revenue.

    Buttmunch.

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