Saturday, January 24, 2009

Geithner and His Failure to Pay Taxes

http://news.yahoo.com/s/ap/20090121/ap_on_go_ca_st_pe/treasury_geithner

Recently,confirmed Treasury Secretary has received a lot of steam from the media for his neglect in paying Social Security and Medicare taxes. This reflects the media's job in monitoring the acts of people who are being confirmed as public officials (p. 17 in Iyengar/McGrady). If it were not for the media doing their research as a watchdog group, the failures of the Treasury Secretary to not do his taxes properly may have gone by unnoticed. Useful for both the general public and Congress whom is confirming his appointment, these historical failures by Geithner serve as an important outlet to information. In this instance, also, although many times, American news corporations that are run privately must cater "interesting" news, this piece of news is both interesting AND informative.

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