Financial "genius" running Treasury

On Monday 1/26/2009, our illustrious Senate voted 60-34 to confirm Timothy Geithner as Treasury Secretary. This position, among other duties, is to manage the Social Security and Medicare trust funds. The Treasury Secretary has complete authority over the TARP funds allotted in the banking bailout in 2008. In addition, Geithner will oversee the printing of money to dilute the American currency and create inflation.

It turns out that Geithner failed to pay $43K in Social Security and Medicare taxes between 2002 and 2006. His failure to pay is a result of his employer, the IMF, paying him the gross as if he were self employed. The policies of the IMF also required Geithner to fill out a request to receive the "gross up" allowance that was designed to cover these tax payments. Millions of self employed and small business owners in America have the same responsibility to pay not only their individual share of Social Security and Medicare but also the other half that usually is paid by your employer on your behalf.

Obama, John Kerry and the mainstream media outlets ran to Geithner's aid to announce that his failure to pay was an "honest mistake". It turns out that he paid for 2003 and 2004 when the IRS audited him and found the mistake, but only paid for 2001 and 2002 after he was chosen by Obama as the nominee for Treasury Secretary.

There are really only 2 angles from which you can view this.
1. Geithner lied. This was not a "mistake" at all. He deliberately avoided paying these taxes and was caught red handed. Even after the IRS exposed his error, he failed to go back and correct the 2 years' returns that weren't audited until it was apparent that this information would become public.

OR

2. It really was a mistake and he really is sorry.

Either way, this incident disqualifies him from being the CFO for the United States doesn't it? Apparently the intelligent people such as Barack Obama and 60 of our entitled Senators disagree.