About Me

Oceanside, California, United States
Showing posts with label washington d.c.. Show all posts
Showing posts with label washington d.c.. Show all posts

Tuesday, March 31, 2009

Yet another Obama nominee has tax problems

Via CBS:

Kathleen Sebelius, President Obama's nominee to become Health and Human Services secretary, said in a letter obtained by the Associated Press that she made "unintentional errors" on her taxes and has corrected her returns from three different years.


I honestly have to wonder whether Obama is intentionally seeking out nominees who have tax troubles. I've lost count of how many people have withdrawn their names from consideration. He really needs to strengthen his vetting process. As a point of comparison, I'm relatively certain that not nearly as many of President Bush's nominees withdrew like this.

Barney Frank pushes through more ridiculousness

Keep in mind that this is the same guy who was, in 2006, insisting that there was "nothing wrong" at Freddie Mac and Fannie Mae.

He's now pushing for more salary regulations. However, he's not looking to regulate just top-earning executives' pays.

No. He wants more.

Via Byron York at the Washington Examiner:

But now, in a little-noticed move, the House Financial Services Committee, led by chairman Barney Frank, has approved a measure that would, in some key ways, go beyond the most draconian features of the original AIG bill. The new legislation, the "Pay for Performance Act of 2009," would impose government controls on the pay of all employees -- not just top executives -- of companies that have received a capital investment from the U.S. government. It would, like the tax measure, be retroactive, changing the terms of compensation agreements already in place. And it would give Treasury Secretary Timothy Geithner extraordinary power to determine the pay of thousands of employees of American companies.


Does anyone besides me find this to be little more than a power grab?