"Man, that guy really pulled a Geithner!" As in, the new Treasury Secretary Timothy Geithner.
If you haven't been following things, Mr. Geithner--who as SecTreas will head the IRS--failed to pay several years worth of various taxes to the IRS. Apparently, cued into this fact during his background check by the Obama Transition Team, Geithner paid most of the back taxes just before he was nominated by President Obama.
Add to this fact that Geithner was one of the Three Musketeers of the Bailout (along with Fed Head Bernanke and former SecTrea Paulson) and one wonders why in the world would the Obama Administration want Geithner anywhere near any economic activity that mattered.
But, alas, it gets better as during his questioning yesterday in his confirmation hearing before Congress, Mr. Geithner found yet another person to blame for his tax problems: TurboTax software.
Yep, that's right. The proposed Secretary of the Treasury Timothy Geithner is pointing fingers at a piece of computer software for his tax failures.
Outstanding. Not even officially on the job yet and this nominee is starting to make Hank Paulson look more competent every day.
President Obama, do the right thing: ditch Geithner.