By Cliff Kincaid, Accuracy in Media
The Obama Transition Project says that Timothy Geithner, its Chinese-speaking Treasury Secretary nominee, made “honest mistakes” on his tax returns. This line comes from the same group that is telling us that a nearly $1 trillion “stimulus” bill taking us further into debt can be called the “American Recovery and Reinvestment Act.” Polling and focus groups came up with that brilliant deception.
Our media have quickly adopted the new party line. The NBC Nightly News dutifully reported Geithner’s “honest mistakes” in the graphic it showed on Tuesday night in a story about the serious tax problems. Officially, the Obama team calls them “tax concerns.” But it’s nothing we are supposed to be concerned about, even though he is going to be in charge of the federal department with jurisdiction over the IRS.
There were some holes in the brief NBC News story, which followed a more serious report about cold weather possibly threatening the celebratory atmosphere surrounding Obama’s inauguration. Reporter Kelly O’Donnell’s story failed to disclose that Jeffrey Immelt, chairman and chief executive officer of NBC parent company General Electric (GE), is on the board of the Federal Reserve Bank of New York, whose president is Timothy Geithner.
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