Bold Colors Blog

Stickin’ it to the libs, one day at a time

Posts Tagged ‘Geithner’

Card check pressure tactics

Posted by Liberty on March 11, 2009

The Union Cudgel

“Big Labor’s drive to eliminate secret ballots for union elections has united American business in opposition, so labor chiefs are putting on the brass knuckles: The new strategy is to threaten companies with government retaliation if they don’t stop lobbying against turning U.S. labor markets into Europe.”

Union leaders are calling on tax cheat Treasury Secretary Timothy Geithner to prohibit companies that have received TARP money from lobbying against card check.

“The letter targets in particular the Principal Financial Group, based in Des Moines, which it says should be denied TARP money because of the ‘scale and scope’ of its lobbying. But wait — Citigroup spent three times more money on fourth-quarter lobbying than the $515,000 spent by Principal, the unions admit. So, what gives? It seems Principal’s real sin is that it ‘lobbied on 26-labor related bills . . . including the Employee Free Choice Act,’ and it is the only TARP applicant or recipient to have disclosed doing so.

In case Mr. Geithner doesn’t get the political point, the letter helpfully notes that ‘there is now a Congressional effort underway to curb lobbying by TARP recipients.’ Senators Dianne Feinstein (California) and Olympia Snowe (Maine) are leading that effort to limit corporate political speech, and Ms. Burger copies no fewer than 13 Members of Congress on her Treasury missive.

The double standard here is remarkable. Every year, unions collect millions of dollars in grants from government agencies they lobby. In 2002 and 2003, the Service Employees International Union — the main driver behind Ms. Burger’s consortium — lobbied the Department of Health and Human Services while receiving between $563,226 and $938,388 per year in grants. Imagine if Tom DeLay had ever said that labor unions or AARP couldn’t speak up about Medicare because they or their affiliates had accepted federal grants. The headlines would have read: ‘Republican Gag Rule.’

Labor chiefs are desperate to pass their easy-organizing agenda this year, because they know liberal majorities on Capitol Hill won’t last. They also know they haven’t been able to organize workers with a level playing field, so they want to rewrite the rules so their organizers can see which individual workers are voting no and apply peer and other pressure. Most workers can see how unions have contributed to the destruction of Detroit, U.S. steel makers and so many other industries. That’s why unions need government-sanctioned coercion to prevail both against business and with workers.”

Posted in Arrogant politicians, Constitutional Rights, Freedom of Speech, Innate hypocrisy, Liberalism, Social engineering, Stupid legislation, Union Thuggery | Tagged: , , , , | Leave a Comment »

Obama’s budget plan calls for increased tax enforcement…just not within his own cabinet

Posted by Liberty on February 22, 2009

Obama’s First Budget Seeks To Trim Deficit

So many things to write about within this article but so little patience for all things Obama!  He knows a lot of  people are outraged about the deficit spending stimulus plan.  By unveiling this latest plan to reduce the deficit, he’ll at least fool some of the huddled masses into thinking he’s not a big spender.  Of course, it doesn’t hurt that the useful idiots in the MSM are continuing their laudatory, incurious coverage of Obama.

I especially like how he’s made a couple of financial policy announcements this weekend–when the markets are closed.  Could it be that Obama has realized that the markets don’t seem to have much confidence in his abilities?  How much has the Dow tanked since America’s first true socialist president took office? 

Obama’s budget calls for higher taxes on businesses and the wealthy [a smart recession move, eh?] and spending cuts.  Of course, Obama has not targeted wasteful spending, layers of bureaucracy and redistributive programs–those things will only grow throughout his administration.  Obama’s spending cuts will be from our ongoing military operations in Iraq and Afghanistan.  More for food stamps, more to keep uncreditworthy buyers in homes they can’t afford, more for health care [but only if the government deems it cost-effective] and less for defending America against Islamic terrorism.  The bright side of all of this nonsense is that at least Obama is making it easier for Conservatives to make the distinction between their policies and those of the socialist liberals currently in charge.

The real kicker for me in this article was this quote:

“Obama also proposes “a fairly aggressive effort on tax enforcement” that would target corporate loopholes…”

Now why is it that he cares whether or not corporations pay their fair share of taxes while nominating a bunch of tax cheats for positions in his administration?  Geithner, Daschle, Killefer, Solis…those are just the ones we know about so far.  Hypocrisy, any one?

Posted in Arrogant politicians, Conservatism, Future of the GOP, Innate hypocrisy, Just plain dishonest, Liberalism, Main Stream Media, National Security, Obama, Redistribution of wealth, Slavish media bias, Social engineering, Socialist economics, Stupid legislation, Taxes | Tagged: , , , , , , , , , , , , , , | Leave a Comment »

Don’t like pork? Have you contacted your Senators yet?

Posted by Liberty on February 2, 2009

I just sent a quick e-mail to Maria Cantwell and Patty Murray to ask them not to support the pork-laden stimulus plan.  Your senators need to hear from you, too!  It only takes a minute to tap out a brief, polite message to let them know what you think about their plans for your tax dollars.  [But not Tom Daschle’s or Tim Geithner’s.] 

Contact your senator!

Even if you’re stuck with total liberal Democrats for senators like us in Washington State, it’s still important to speak out.  Don’t think that I don’t know that it’s probably futile to ask Maria Cantwell and Patty Murray for a tax cut but Conservatives have a responsibility to be the voice of the loyal opposition.  Even when we’re down and out, we can not fall silent.

Posted in Conservatism, Constitutional Rights, Freedom of Speech, Liberalism, Redistribution of wealth, Socialist economics, Sticking to their guns, Stupid legislation, Taxes, Washington State | Tagged: , , , , , | Leave a Comment »

More on the would-be Treasury Secretary’s tax issues

Posted by Liberty on January 15, 2009

Geithner Accepted IMF Reimbursement for Taxes He Didn’t Pay

Great article by National Review’s Byron York. 

“Documents released by the Senate Finance Committee strongly suggest that Geithner knew, or should have known, what he was doing when he did not pay self-employment taxes in 2001, 2002, 2003, and 2004. After his failure to pay was discovered, first by the IRS and later during the vetting process, Geithner paid the federal government a total of $42,702 in taxes and interest.

The IMF did not withhold state and federal income taxes or self-employment taxes — Social Security and Medicare — from its employees’ paychecks. But the IMF took great care to explain to those employees, in detail and frequently, what their tax responsibilities were. First, each employee was given the IMF Employee Tax Manual. Then, employees were given quarterly wage statements for the specific purpose of calculating taxes. Then, they were given year-end wage statements. And then, each IMF employee was required to file what was known as an Annual Tax Allowance Request. Geithner received all those documents.

The tax allowance has turned out to be a key part of the Geithner situation. This is how it worked. IMF employees were expected to pay their taxes out of their own money. But the IMF then gave them an extra allowance, known as a “gross-up,” to cover those tax payments. This was done in the Annual Tax Allowance Request, in which the employee filled out some basic information — marital status, dependent children, etc. — and the IMF then estimated the amount of taxes the employee would owe and gave the employee a corresponding allowance.

At the end of the tax allowance form were the words, “I hereby certify that all the information contained herein is true to the best of my knowledge and belief and that I will pay the taxes for which I have received tax allowance payments from the Fund.” Geithner signed the form. He accepted the allowance payment. He didn’t pay the tax. For several years in a row.”

Honestly…is this the best we can do for Treasury Secretary?  A tax cheat?

Posted in Just plain dishonest, Liberalism, Obama, Taxes | Tagged: , , | Leave a Comment »

So if this guy isn’t smart enough to fill out a tax form, is he smart enough to be in charge at Treasury?

Posted by Liberty on January 14, 2009

Tax problems may plague Obama’s treasury pick

I hope tax problems plague Obama’s treasury pick!  I know that scrutiny of “the chosen one” and his cabinet appointments is not the hip thing to do right now but seriously folks!  Are we going to forget about the way that the Left in this country treated people appointed by Conservatives?  Bork, Gonzales, Roberts, Alito, Thomas…do those names mean anything to you?  We as Conservatives, not to mention the MSM, should be asking serious questions about Obama [although it’s a little late for that, agreed?!] and the people that he’s choosing for his cabinet.  

“A Capitol Hill grilling is likely for Timothy Geithner, President-elect Barack Obama’s pick to head the Treasury Department, after public revelations he failed to pay $34,000 in taxes several years ago. Senate Democrats are pressing to schedule a quick confirmation hearing for Geithner on Friday, hoping to tee up swift approval of his nomination on Inauguration Day. But newly released information about the tax goofs by Geithner, regarded as a brilliant financial markets specialist well-positioned to deal with the nation’s considerable economic problems, could complicate the process.”

Oops.  $34,000 in unpaid taxes.  Just a little goof!

 

Posted in Arrogant politicians, Just plain dishonest, Liberalism, Main Stream Media, Obama, Slavish media bias, Taxes | Tagged: , , , | Leave a Comment »