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Thursday, January 29, 2009
Paul Greenberg :: Townhall.com Columnist
The More Things Change...
by Paul Greenberg
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Will the Dems' health care Christmas Present to America be an improvement or detriment to our health care system?


The country now has a new secretary of the treasury who sounds a lot like the old one. Maybe because Timothy Geithner was at Henry Paulson's right hand when that now former secretary of the treasury was doing everything he could think of (and re-think of) to save the country's and the world's financial superstructure. Which is still unsteady, Some say unsteadier.

To quote Mr. Geithner's boss over at 1600 Pennsylvania Avenue, who's also new on the job: "Tim's work and the work of the entire Treasury Department must begin at once. We cannot lose a day because every day the economic picture is darkening here and across the globe."

Some of us just hope Mr. Geithner will move faster on the country's problems than he did on his own, specifically his back taxes, which he neglected to pay for years, then paid only in part.

He'd made the same "careless mistakes" in earlier years, but Citizen Geithner was by now beyond the reach of the law for those way-past-due taxes, and he didn't pay them. Why do more than the minimal if you don't absolutely have to? So long as you're doing the legal thing, why bother about doing the right thing?

Not till he was being considered as secretary of the treasury did Tim Geithner cough up all the money he should have paid in the first place. That was surely the most troubling aspect of his nomination; it hints at calculation rather than just carelessness.

To quote The Hon. Robert Byrd, West Virginia's very senior senator, on Mr. Geithner's ethical threshold in these matters: "Had he not been nominated for treasury secretary, it's doubtful that he would have ever paid those taxes." For once Sen. Byrd, that great muddy font of endless oratorical folderol, may have said something short and to the point. No wonder a number of senators (34) refused to confirm Mr. Geithner's nomination.

But now Timothy Geithner is going to be responsible for collecting taxes from those of us who obey the law -- or at least make a stab at it, for the monstrous Internal Revenue Code is scarcely decipherable even to certified public accountants.

No, this is not a propitious start for an administration of Hope and Change, which is now just trying to do its best with what it's got -- perhaps not the most idealistic course but a realistic one.

The Age of Hamilton is definitely past, and the pickings are lean when it comes to national leaders of both genius and honor. Perfection is not to be achieved in this less than perfect world. An acceptable if not admirable choice, Mr. Geithner will have to do. Sad to say, he may be the best man, warts and all, for the job.

Secretary Geithner certainly has the requisite experience for his new assignment, and what is experience but another name for having made mistakes? The country will surely wish him the best, for as he succeeds, so may the rest of us. Continued...

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A Modest Proposal
How about we cut back on what Treasury is responsible for and it will matter less who is in charge. We should also abolish the SEC and make people realize they are responsible for where their money goes. Then guys like Maddoff will be looked at much more closely by people with a real interest in what he is doing. Apparently the folks at the SEC didn't really care that much. He ran that scam for so long because everybody figured the government was looking out for them.

Anyone thinking that anyone in government is doing anything but playing CYA is a fool. There are a lot of people that are going to be really disappointed in Mr. Obama.

Crook
I don't wish that tax cheat well. I think he should be locked up as an ordinary mortal whth no ties to the Messiah would have been.
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