advertisement

The world-famous Internet site of the Nationally Syndicated Neal Boortz Show!

Search Boortz.com
Enter search terms:
Browse Boortz.com
Today's Nuze

"When plunder becomes a way of life for a group of men living together in society, they create for themselves in the course of time a legal system that authorizes it and a moral code that justifies it."

Frederic Bastiat

MORE CHANGE YOU CAN BELIEVE IN

By
Neal Boortz
@ October 15, 2009 7:43 AM Permalink | Comments (37) | TrackBacks (0)

This story From Bloomberg seems to be creating a bit of a stir today:

Some of Treasury Secretary Timothy Geithner's closest aides, none of whom faced Senate confirmation, earned millions of dollars a year working for Goldman Sachs Group Inc., Citigroup Inc. and other Wall Street firms, according to financial disclosure forms.

The advisers include Gene Sperling, who last year took in $887,727 from Goldman Sachs and $158,000 for speeches mostly to financial companies, including the firm run by accused Ponzi scheme mastermind R. Allen Stanford. Another top aide, Lee Sachs, reported more than $3 million in salary and partnership income from Mariner Investment Group, a New York hedge fund.

As part of Geithner's kitchen cabinet, Sperling and Sachs wield influence behind the scenes at the Treasury Department, where they help oversee the $700 billion banking rescue and craft executive pay rules and the revamp of financial regulations. Yet they haven't faced the public scrutiny given to Senate-confirmed appointees, nor are they compelled to testify in Congress to defend or explain the Treasury's policies.

Boortz take? Is there any charge or any evidence that any of these dollars earned by these Geithner aides were earned illegally? Are we talking criminal activity here? Or are we just demonizing some people who made a lot of money. If there's fraud or other criminal activity then go get 'em. If not, quit the whining.

What makes all of this all the more absurd is that it is Geithner that we should be focusing on, not his workers. He's the tax cheat. He's the willful, intentional, pre-medicated, conscious tax cheat who is now in charge of the cabinet department that runs the IRS. Somehow I have a bit of a problem with that.

Categories:

Tags:

Main Index | Archives | RSS feed

0 TrackBacks

Listed below are links to blogs that reference this entry: MORE CHANGE YOU CAN BELIEVE IN.

TrackBack URL for this entry: http://boortz.com/blogging/mt-tb.cgi/47030

Jamie Dupree's Blog

If you enjoy Neal's daily chat with Jamie Dupree, you'll love Jamie's Blog! Check it out for analysis of the campaigns and goings on in Washington D.C.

Cristina Gonzalez and Laura Nunemaker assist in the daily preparation of Nealz Nuze!

Avg. rating: N/A

What others are saying

  • Jimmy D
    What does a 25 year old product of government education say to a 25 year old product of home schooling? "Welcome to McDonald's". ;)
    By mattisben @ 10/15/09 04:25:44 PMreport abuse
  • Tax cheat
    Have you ever observed Geithner's body language when being talked to?He cannot look you directly in the eye.He always has his head down and looking away.It doesn't take a psychologist to see he is a pathological liar.
    By mailman @ 10/15/09 04:24:19 PMreport abuse
  • Pick your engagements like your targets and concentrate your fire.
    Good advice. That said, beyond the obvious hypocrisy of the dp hating what turns out to be themselves and their friends/associates, there’s a pretty clear pattern here that goes to the top of the party, and goes back at least to the eighties. It’s good to name these people whose names and firms we will likely hear again in the middle of similar messes. Some of these will be the geithners of tomorrow. He’s confirmed, there’s not much that can be done about him now.

    The money they made isn’t the problem, no doubt their political connections were worth every penny to whoever hired them, but it illustrates a big reason why their now being the government bureaucrats to set the bonuses and salaries of others is as ridiculous as the government setting them is outrageous.

    When I hear names like “Gorlick,” or “Raines,” I know there’s going to be politics and big problems. A person could do far worse than track where some of these people go to tell where future problems will be (keeping them away from things that are important is apparently impossible with their connections), rather than getting repeatedly blindsided and bent over by the same ones. I think ignoring or failing to notice them is worse than obsessing over them.

    Put me down in favor of the creepy rodent portraits. The dp is caricature heaven.
    By CowboyUp @ 10/15/09 02:57:20 PMreport abuse
  • what a friggin idjit......
    DOLAN.......skool iz fer lernin' not socialistin.......
    By butt neckid @ 10/15/09 02:55:36 PMreport abuse
  • do they sound like.............................
    IVAN............do the names of osamabamas controllers sound like sumbuddy clearing alot of phlem from their throat?????

    AKKKKKKKMED BIN SNIFFINCAMELBUTT oh wait thats the german one
    By butt neckid @ 10/15/09 02:50:50 PMreport abuse
  • say thanks............................
    BOOGER................tell your Jarhead an ol' rope chokin' swab jocky said THANK YOU MARINE!!!

    THE NEXT ROUND IS ON ME!!!
    By butt neckid @ 10/15/09 02:46:34 PMreport abuse
  • homeschooled kid was the guy we all made fun
    Jimmy, my kids were home schooled (20 years ago)
    I wish my oldest son could have met up with you at camp back then. He got a Black Belt by the time he was 13, and his Marine unit was the first over the border in the Iraq war. Give me a break
    By booger @ 10/15/09 02:23:27 PMreport abuse
  • oh po' boy........
    I think STAN in ALABAMA had his membership in the KLAN revoked......he has been real bitter lately........

    he was dating the goat molester 3mustbewrong........

    they do have standards to uphold......
    By butt neckid @ 10/15/09 01:37:56 PMreport abuse
  • and that was how many centuries ago?
    Otherwise, the homeschooled kid was the guy we all made fun of at camp.
    By Jimmy Dolan

    Homeschoolers now are just as active as government schooled, involved in lots of activities away from home, combined schooling with other homeschoolers, museums, etc. And hate to break it to you but the only fascist I've seen lately is in the White House. Now, and in the past.
    By Joyce M/Blythe @ 10/15/09 01:07:03 PMreport abuse
  • Jimmy
    We didn't know you were homeschooled
    By Ben Dover @ 10/15/09 01:05:01 PMreport abuse
  • Just an FYI
    a tad off the subject...
    anyone see the story on drudge about the TV show the white house is trying to do?
    Story is :LEAKED MEMO: 'ORGANICALLY' PRODUCE NETWORK TV TO PROMOTE GOVERNMENT 'SERVICE' AGENDA... :
    here is the link..
    http://bighollywood.breitbart.com/jjmnolte/2009/10/15/leaked-memo-reveals-the-white-house-has-control-of-your-television-set/

    MM MM MM Barack Hussein Obama
    By Kevin @ 10/15/09 12:42:06 PMreport abuse
  • LoL...
    All they've done is catch the personal bankers of our worlds top elites. They are just patsies for the real scum. No ammount of digging will expose the names of their masters.
    By Ivan @ 10/15/09 12:29:46 PMreport abuse
  • Homeschoolers?
    The only thing I think a homeschooled kid could explain to me is how to survive w/ facist parents, how not have friends and socialize, and how to not be able to hook up w/ girls.

    Otherwise, the homeschooled kid was the guy we all made fun of at camp.
    By Jimmy Dolan @ 10/15/09 12:03:26 PMreport abuse
  • Jimmy D
    Your comments have to be "tongue in cheek". No one really be so ignorant and lacking in factual (or even anectdotal) support for their views.

    You may want to get a homeschooler to explain what that means.
    By mattisben @ 10/15/09 11:47:17 AMreport abuse
  • Picture of Geithner
    Is it just me, or does Geithner look a lot like that kid in Porky's? The on e that couldn't get laid by a prostitute?
    Yikes
    By Scrap Iron @ 10/15/09 11:47:15 AMreport abuse
  • Alabama
    Geithner deserves every "swipe" he gets. How can you possibly think it's ok for someone to get promoted to his position after knowingly cheating on their taxes. Also, didn't he only pay the penalties on the years that the statute of limitations hadn't expired on?... Real F-ing honorable.
    By Rullivan @ 10/15/09 11:43:47 AMreport abuse
  • @Catseye
    "Another example of rich, successful, educated people who are aligned with the Democrat party"

    The difference being that these rich, successful, educated people also happen to be criminals.
    By Twistedsaint @ 10/15/09 11:21:16 AMreport abuse
  • @Jimmy Dolan
    Jimmy,

    Do you mean "conServatives"?

    If you do, you are only projecting your envy onto others. Conservatives aren't envious of Warren Buffett or T.Boone Pickens, they are angry because the MSM hasn't done their job in investigating the motive behind the agenda. Warren Buffett makes most of his money from tax-free investments and T-Bone has a wind-farm he wants to use to corner the market with. All you ever have to do is "FOLLOW THE MONEY" and you will be able to determine what is driving the comments from guys like these. Just like Ross Perot, these individuals aren't interested in others making the dream come true, they want to pull up the ladder once they made it to the top.
    By Dale in NJ @ 10/15/09 10:35:42 AMreport abuse
  • Timmy and Barry
    It will never matter what this sleaze bag has done. He was Barry's childhood playmate in Indonesia where Geithner's daddy, Peter, was a wealthy Dutch businessman working for the UN and the World Bank on a socialist economic development project. Barry's mama worked for Peter on an offshoot program. Barry was enrolled in the madrassa getting indoctrinated er educated. Tim and Barry maintained their friendship and shared common philosophies through the years. Tim later became Barry's "useful idiot" in engineering the demise of the US capitalist economic system. Remember, Tim worked for the IMF before Barry secured his senate confirmation touting him as "the only one capable" of "saving" the economy. While at the IMF cheating on his taxes, Timmy made numerous connections with CEOs of various financial powerhouses. Though fear and intimidation, Timmy extracted handsome protection payments to the democrat party, individual democrat politicians as well as himself and Barry in futile attempts to prevent the govt. from shutting them down or taking them over. Remember the reports of large financial firms uncharacteristically making large campaign donations to democrats in 2008? Does any of this begin to pan out now that the economy and the dollar have been "saved" so well?
    "From tiny ACORNs mighty Marxists grow."
    By typicalwhiteguy @ 10/15/09 10:31:17 AMreport abuse
  • pre-medicated
    That' way these posts are so fuzzy, I forgot to be pre-medicated
    By booger @ 10/15/09 10:28:40 AMreport abuse
  • Uh, this isn't news, Neal. Did you read Michelle Malkin's book?
    Michelle Malkin's "Culture of Corruption" highlighted, documented and detailed all of the corruption and cronies in the Obama regime who are profiting from the looting of our nation's treasury. Come on....tell us something we don't already know.

    Notice that the conservative narrative is based upon facts and that the statist narrative is based upon.....well..kind of like the nobel peace prize....nothing.
    By $mooth Operator @ 10/15/09 10:12:31 AMreport abuse
  • Conflict of Interest
    I agree with JoeNY. I was going to say much the same, but instead I'll add on.

    I don't care how much they make as long as it is not derived from their position of power (aside from direct salary and fees).
    People in such positions need to quit their day jobs and put their portfolios in blind trust (have someone else manage the funds so the owner doesn't know how they are allocated).
    By Ben L @ 10/15/09 10:10:58 AMreport abuse
  • Conervatives are envious to the wealthy
    First the conervatives are angry at Warren Buffett, then T. Boone Pickens, and now they are mad at guys who made millions of dollars who are now trying to help the government in this economy. Conervatives need to get out of their trailer parks and klan rallies and start listening to the rich and intelligent in these times rather than hating them.
    By Jimmy Dolan @ 10/15/09 10:07:12 AMreport abuse
  • say what?
    he's pre-medicated. that's the whole problem right there!
    By the other phil @ 10/15/09 10:00:45 AMreport abuse
  • Your missing the point
    Come on Boortz, your missing the point.

    It's not about how much money they made, but who paid it to them.

    It's not good to have them "oversee" the people who pay them. Get it?

    Glenn Beck did a GREAT whote board exercise on thsi and ALL roads lead back to Goldman Sachs. We've been sold down the river to the tune of $770B.
    By Mtn Girl @ 10/15/09 09:57:40 AMreport abuse
  • Pre-medicated?
    While I see the argument that anyone volunteering for a cabinet-level post or running for political office higher than 3rd grade class president probably needs medication, I think the correct term should be premeditation.....since the person in question signed documents that he would pay his own taxes out of the extra compensation his employer provided for that purpose.
    By AAnderson2 @ 10/15/09 09:50:03 AMreport abuse
  • Geithner's buddies
    I agree with Boortz most of the time, but on this one Boortz is wrong. The issue isn't wealth envy. The issue is corruption and political influence by a small handful of Wall Street Banks. This isn't Capitalism, but rather Crony Capitalism, which is NOT what the founders intended.
    By TC @ 10/15/09 09:49:07 AMreport abuse
  • Nothing from this national lampoon parody of an administration
    surprises me. Not even this.

    Looters like Odumbo and Geithner are leading corruptocrats to previously unseen levels of thievery.
    By $mooth Operator @ 10/15/09 09:41:21 AMreport abuse
  • Michael Moore/GS/Fraud
    See this was the kind of issue Moore was complaining about in his most recent movie. But what is going on in Wall Street and Washington with these bailouts and cushy appointments is NOT capitalism. This is cronyism.
    Neal you said: "If there's fraud or other criminal activity then go get 'em. If not, quit the whining."
    There might have been fraud committed here, butcha don't investigate ya peeps here Neal. There's too much of a cozy relationship between the SEC, Treasury, and Wall Street that a lot of fraud will be swept under the table and covered up with bailout money.
    By Michael @ 10/15/09 09:41:01 AMreport abuse
  • So?
    "Are we talking criminal activity here? Or are we just demonizing some people who made a lot of money. If there's fraud or other criminal activity then go get 'em. If not, quit the whining."

    So why bring it up? Just an opportunity to take another swipe at Geithner?
    By Alabamastan @ 10/15/09 09:39:17 AMreport abuse
  • Did they receive BONUSES?
    I wonder if any of them received bonuses from these "bailed-out" companies? If so, they need to immediately renounce their own greed and return the money to the taxpayers or those poor people waiting in the long lines of Detroit for Obama's money.
    By Bubba Leroy @ 10/15/09 09:30:56 AMreport abuse
  • Example that flies in the face of the conservative narrative
    Another example of rich, successful, educated people who are aligned with the Democrat party . . . in contrast to the conservative narrative that casts democrat voters as uneducated lazy welfare recipients.
    By Catseye @ 10/15/09 09:29:21 AMreport abuse
  • Kid Gloves
    Geithner may be the problem, but this may shed some light on why Goldman Sachs is considered a "sacred cow," too big to fail. If GS pays Geithner's buddies, of course, we must keep that organization afloat! The point is that the Treasury, the Fed, the too-big-to-fails, are all in cahoots. We in the proletariat are not privy to their deals, nor will we ever be invited to be.
    By Steve A. @ 10/15/09 09:23:52 AMreport abuse
  • Didn't Get The Memo
    Neal:

    I guess you didn't get the memo. Democrats no longer have to pay income taxes. It is obvious based on the number of tax cheats in the Obama Administration (in addition to the tax cheats in Congress who are still operating with impunity) that Democrats do not have to pay taxes. Guess their penance for being tax cheats is performing "public service." Of course, they're being PAID to perform that service, but I really believe it's what makes them all feel so entitled.

    Congress has a history of passing laws that apply to everybody but them.
    By DG in GA @ 10/15/09 09:20:15 AMreport abuse
  • I think Neal's got it wrong this time
    Neal, I think the primary issue is called insider trading, redirecting bailout funds to those you'd prefer(and make money off of), and influence peddling. If these guys told Geitner where to spend the money, they'd get to place their investments accordingly and make a killing. If they had this influence, they could take "speaking fees", etc. from the prospective winners and make a killing. They could control a fund and using their insider knowledge make a killing from it's performance. They could promote that they are the ones influencing decisions in Washington and make a killing, basically as lobbyists. If it isn't illegal (beyond insider trading), it shold be. It's absolutely the fox guarding the henhouse.
    By JoeNY @ 10/15/09 09:15:33 AMreport abuse
  • hmmmm
    I believe I mentioned Goldman Sachs yesterday! See, this administration is only against the big businesses that won't play ball or make them money.
    By Joyce M/Blythe @ 10/15/09 09:01:13 AMreport abuse
  • You reckon?
    LOL Geithner probably did their taxes for them...saved them all a bundle, and gave them all something to cackle about in his limo on their way to tee time, while they watch people line up outside the unemployment office.
    By Randy @ 10/15/09 08:43:35 AMreport abuse
send to a friend  view as printer-friendly  RSS feeds
advertisement
advertisement
advertisement