Obama: Geithner situation an 'embarrassment':
"President-elect Barack Obama called disclosures about Treasury choice Timothy Geithner's tax problems an embarrassment Wednesday but said Geithner's 'innocent mistake' shouldn't keep him from confirmation as the new administration's top official in urgent efforts to revive the economy.Now - according to MSNBC (yes I do watch them) he did not start paying this back until after Obama won so that he wouldn't cause the administration 'embarrassment'.
The revelations that Geithner had failed to pay $34,000 in taxes several years ago derailed Senate Democrats' plans to speed him to confirmation by Inauguration Day, but senators in both parties said the information was unlikely to torpedo his chances in the end."
This wasn't $35,000 that wasn't taxed - it was a $35,000 tax BILL ... that's the whole of what he owed. If you had a bill like that, do you know what the IRS would do to you? You can bet that the interest would have kept adding up until you couldn't possibly pay in your lifetime .... you can bet that everything you owned would have been seized ....
Obama's friend has been running around with nothing happening to him for 7 yrs??? No way!
Considering how the post will put him in charge of the IRS I think it should most certainly exclude him from the job. Its kind of like putting the foxes in charge of the hen-house.
its going to be FEMA all over again -- wait and see.