RSS available
| MarketTicker Forums Read Message in Ticker |
User: Not logged on
|
| Top | Forum Top | Login | Control Panel | FAQ | Register | Logout |
| User Info | ROFL: Intuit (INTU) in forum [Ticker] | |||
|
Genesis Posts: 71346 Incept: 2007-06-26 
KD^2 
|
http://market-ticker.org/archives/738-RO....
---------- "The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2009-01-21 15:35:50
Permalink | |||
|
Wisc-xc Posts: 4817 Incept: 2007-07-14 
outside chicago
|
My conclusion is that Geithner is a ****ing liar.
2009-01-21 15:42:24
Permalink | |||
|
Asimov Posts: 26627 Incept: 2007-08-26
east tennessee Online
|
Too bad they didn't reference exactly what he claimed. Just "base their calculations on the information users provide when completing their returns. TurboTax also has built-in error-checking tools that routinely catch common taxpayer mistakes" It would have a lot more force if they actually gave details on what he claimed it didn't do. ---------- It's justifiably immoral to try to deal in a moral fashion with an immoral entity. If you trade based on what other people say, you will lose money. Especially what I say. I won't be held responsible. Festina lente.
2009-01-21 15:44:01
Permalink | |||
|
Stonedog Posts: 1105 Incept: 2008-05-29
New Jersey
|
What's next - "the computer ate my homework"?
---------- "F**k CNBS, CONgress, Obama, the Democrats, the Republicans, the ratings agencies, the Banksters, the Fed, the FASB, all the government regulatory agencies, the Trilateral Commission, the Council of Foreign Relations, the G whatever, the UN, and any other bastard or big corporate interest that has a fingerprint on this
2009-01-21 15:44:18
Permalink | |||
|
Genesis Posts: 71346 Incept: 2007-06-26
KD^2
|
"The computer ate my TARP" 
---------- "The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2009-01-21 15:44:57
Permalink | |||
|
Ilyachern Posts: 567 Incept: 2007-06-26
North Miami Beach Florida
|
Yep, and not only that it refuses to print your final return, saying that there are errors, unless you manually override it again. Been there, did not do that; mine was an honest mistake, and I fixed it.
---------- The Fed won't be winding down their balance sheet. Their balance sheet will be winding down the Fed. Level 9 9/23/09
2009-01-21 15:46:18
Permalink | |||
|
Steelpiston71 Posts: 2014 Incept: 2007-09-05 Michigan
|
"It can be attributed to Dan Maurer, senior vice president and general manager of TurboTax." Ha! My gramma was a Maurer...some have dropped the 1st 'r', but I'm most likely related to this individual in some way, to weird. Don't see that exact spelling out in the world all that often. ---------- "The Data Do Not Lie", Mr Mortgage (aka Hedgefundmanip), April 16th March Foreclosure Crisis Video.
2009-01-21 15:47:32
Permalink | |||
|
Phirang Posts: 8819 Incept: 2008-10-25
bar khoba's revenge Online
|
So take this in context with Obama declaiming a new era of glasnost, and one is surprised to see cynics???
---------- The Treasury can issue debt on your behalf because the State can and will stomp the wealth out of you and your family.
2009-01-21 15:49:09
Permalink | |||
|
Mezzmor Posts: 507 Incept: 2008-10-09
Orlando, FL
|
I have used TurboTax web edition for as long as the product has been online and you can't so much as fart without it asking the correct methane count. Again, I ask the question - you work at the Fed, you take a part time job at IMF, when in 2001-2004 the max wages for SSI withholding was around 90k if I remember right, yet the amount in dispute is 34,000.00? We can't get any answer as to penalties/interest/fees either. My only conclusion is that Geithner is a liar, plain and simple, and there has to be some cover up somewhere because the FICA withholding story doesn't even come close to passing the smell test. Now the new press on this angle is that Geithner is the only guy that can be tapped for the position because of his unique experience. I applaud Obama for today's actions, but dammit Jim, there is something majorly wrong with this appointment.
2009-01-21 15:55:11
Permalink | |||
|
Stonedog Posts: 1105 Incept: 2008-05-29
New Jersey
|
Gen - that's the next excuse for not disclosing the banks who've taken TARP money
---------- "F**k CNBS, CONgress, Obama, the Democrats, the Republicans, the ratings agencies, the Banksters, the Fed, the FASB, all the government regulatory agencies, the Trilateral Commission, the Council of Foreign Relations, the G whatever, the UN, and any other bastard or big corporate interest that has a fingerprint on this
2009-01-21 15:55:14
Permalink | |||
|
Acgreyhound Posts: 4983 Incept: 2007-08-20
Worcester, MA
|
Quote:Yes, I emailed Intuit when I heard Geithner's testimony Whoda thunk Gen was such a troublemaker? 
---------- a/k/a Angry Douche
2009-01-21 16:02:48
Permalink | |||
|
Rocketshoe Posts: 439 Incept: 2007-09-07
Los Angeles
|
Can't blame Intuit--why should they take a hit on the reputation of their product because someone is a liar and an  ?
2009-01-21 16:18:39
Permalink | |||
|
Passchendaele Posts: 227 Incept: 2008-12-17
Pacific Northwest
|
Bottom line, any plausible excuse will grant him a pass. Any of us would need a gallon of Prep H by the time the IRS' nuclear asspounding ended. Hell, this summer the IRS was threatening to shut my office down over a $51 error on a 941 payment.
2009-01-21 17:01:01
Permalink | |||
|
Mtpaul Posts: 61 Incept: 2008-12-06 alaska
|
just another liar.. should feel right at home at the fed .. ---------- woof.. bad doggie no biscuit
2009-01-21 20:32:17
Permalink | |||
|
Ange55 Posts: 501 Incept: 2007-11-30
|
It is unfortunate that I have not paid much attention to this issue of Geithner and his work at the IMF. I know a number of people who work for the World Bank Group, of which IMF is a component. It is my understanding that when hiring US citizens for positions the IMF pays citizens an extra amount over what they would pay to a non-citizens for that same job. This amount is approximately 1.34 times the non-citizen salary. The additional 34 percent bump in salary is provided as a tax offset to the US citizen!!! This .34 percent payment is paid to employees in four installments - one for each tax quarter. How can someone not know? The committee should subpoena the individual in the IMFs Human Resources Dept. that was responsible for the paperwork associated with his hiring. Last modified:
2009-01-21 20:49:05 by ange55
| |||
|
Ponzi_unit Posts: 4439 Incept: 2007-09-05
|
WTF? I hate taxes and all forms of accounting and I simply pile all my paper work sorted only by date. At the end of the year I answer the TurboTax online questionnaire and it eats up 50% of the pile. Then I go through the pile to see if any of the receipts match an obscure category and they never do UNLESS I LIE TO TURBOTAX!
2009-01-21 20:57:22
Permalink | |||
|
Fortune Posts: 1454 Incept: 2008-04-21 A deep dark place...scary
|
He's a sleaze bag that is cut from the same cloth as Paulson. His arrogance and self-conceit actually deceived himself into believing that people would believe his lies. His credibility is further damaged and recent statements just ensures a loss of respect by foreign counter parts. Like a lingering fart, he's just sticking around way too long.
---------- It's a toss up. It is the Rule of Law that transforms assets into money: Martin Armstrong Math IS: Karl Denninger
2009-01-21 22:02:49
Permalink | |||
|
Psquared Posts: 997 Incept: 2008-10-11 SE USA
|
Obama should immediately withdraw his nomination while relaxing FOIA rules to increase government transparency. (Obama: "we all work for the public" - yeah, well, so does Mr. Geithner, and we [the public] deserve a better explanation -- or at least a more truthful one.) I mean let's start the new era of honesty and openness out right. Close Gitmo, repatriot the poor "less than human" folks we have there, or put their ass in jail, but no more of the ****ing renditions. Let's have a little honesty ... mind you, all I am asking for a LITTLE as it would be a start, in the WH by WITHDRAWING THE ****ING NAME FROM SECRETARY OF THE TREASURY. All that other stuff means nothing if its going to be more of the same on Wall Street, in the banking industry and at the Treasury and the Fed. ---------- I have money, therefore I exist.
2009-01-21 22:15:08
Permalink | |||
|
Berkleyreindeer Posts: 560 Incept: 2008-07-22 Minneapolis , MN
|
blodget on yahoo finance vids did a very interesting interview today with Chris Whalen. He (whalen) said wall street wants this guy because he is their guy. http://finance.yahoo.com/tech-ticker/art.... ---------- It'll get worse. Just wait.
2009-01-21 23:25:23
Permalink | |||
|
Meltdown Posts: 977 Incept: 2008-03-18
FL
|
I also use the online TurboTax, and agree it has been pretty good in previous years, and Geithner is to blame..... BUT - I have started this years return and it is totally letting me down this time around. It is skipping things I need and I have to go in and find them (outside the interview) to get them entered. Still, it is my responsibility to know what I need to report, and if I can handle that I fully expect the person nominated for Treasury Secretary to be able to do it. This whole thing is a crock and if Obama lets this nomination stand, I just don't trust his judgement. Geithner should get the hey out of this nomination NOW! It's absolutely unacceptable for him to have screwed up this bad with his own financials and think an apology is enough to give him the responsibility he is being considered for. ---------- VICTORY BELONGS TO THE RELENTLESS!
2009-01-22 06:09:55
Permalink | |||
|
Tbear Posts: 2526 Incept: 2007-10-30
Tug Hill
|
You guys have obviously never done a sophisticated tax return using Turbo Tax. Turbo is fine for your run of the mill return, and it does a great job working with the information which you pump in. However, try doing something like a Tax Loss Carryback to previous years, and Turbo Tax throws up on itself, and leaves you doing a manual return in an electronic environment. To say it is a mess is an understatement. I have said many times on this forum that you should be using an accountant if your return contains anything argumentatative, interpretive or out of the ordinary. For the few hundred dollars you pay a professional, there is an awesome degree of comfort in knowing that they dealt with it, will answer any questions from the IRS ( i had to DOCUMENT changes to a previous year's adjustment to the AMT--try doing that on Turbo Tax, but the aco****ant took care of it in fifteen minutes) and the experience to know what flys, and what fails. Having said that, Geitner's "a sleaze bag that is cut from the same cloth as Paulson. His arrogance and self-conceit actually deceived himself into believing that people would believe his lies. His credibility is further damaged and recent statements just ensures a loss of respect by foreign counter parts. Like a lingering fart, he's just sticking around way too long." On top of that, he didn't demonstrate particular brilliance when he was given extra comp to pay his extra taxes, and then slipped it into his pocket. THAT wasn't Turbo Tax's fault, at all.
2009-01-22 07:01:40
Permalink | |||
| Top | Forum Top | Login | Control Panel | Logout |