Not Even a Close Question
Incoming PresSec Bobby Gibbs (the fifth Gibbs Brother?) has weighed in on the Geithner affair:
(Geithner has) dedicated his career to our country and served with honor, intelligence and distinction. That service should not be tarnished by honest mistakes, which, upon learning of them, he quickly addressed. He made a common mistake on his taxes, and was unaware that his part-time housekeeper’s work authorization expired for the last three months of her employment. We hope that the Senate will confirm him with strong bipartisan support so that he can begin the important work of the country.
“Honest mistake?” Ha.
Let’s clear this up once and for all. I’ve known people who have worked for the IMF as well as people who have lived and worked overseas. If they are ignorant of the tax ramifications of their conditions of employment, it is because they are willfully so. Believe me, Geithner had plenty of advice on his tax status, and if he didn’t, he knew where to get it.
And no nominee to date who had a nanny tax issue — not even Zoe Baird and Kimba Wood in the Clinton Administration — has gotten away with it and been nominated. (Wood actually paid the nanny tax but had hired an undocumented worker when it was legal to do so, and still got bounced.)
When it comes to the guy who will be overseeing the Internal Revenue Service, ignorance of the tax laws — willful or ortherwise — is a disqualification for employment. Period.
And, as it happens, on the day Citigroup announced that it is going to shrink down into Citibunch, Allahpundit at Hot Air provides yet another reason to pass on Geithner: his lack of oversight at the NY Fed as the financial behemoth gorged itself on risk.
But the best reason of all to file his nomination papers under “circular” is the very rationale given for offering Geithner up in the first place: his role in the massive-mega-mama-papa-sister-brother-of-all-bailouts.
Quoth ABC News upon the announcement of Sleek Barry’s nod to Geithner, “From the collapse of Bear Stearns earlier this year to the lifeline to save insurance giant AIG to the aggressive steps taken by the Federal Reserve System in the last few weeks to thaw the frozen credit markets, Geithner has been at the center of the storm.”
‘Nuff said.
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