Romney: Buisness as Bermuda

chemman · Posted: Mon Jul 09, 2012 11:06 pm Post subject: Romney: Buisness as Bermuda

So it looks like the guy has been stashing millions for years.

Why does Romney hate American businesses?

Shuts them down sells them off makes millions he hides away "offshore"

Rolling Eyes

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James · Joined: 24 Jan 2005 Posts: 7012 Location: Castle Rock, CO

Just out of curiosity if he "hides" the money how do you and the Obama campaign know about it?

I would also like to know your enlightened opinion on why he "hides" his money off shore.

chemman · Posted: Mon Jul 09, 2012 11:46 pm Post subject:

I believe Mitt Romney is the only one who can truthfully answer those questions.

Why would he not if he didn't have something to hide?

Someone must have revealed the secret obviously.

I believe if someone knows you have it they will want it, so hide it.

18 trillion offshore
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James · Joined: 24 Jan 2005 Posts: 7012 Location: Castle Rock, CO

There are all sorts of reasons people move money off shore. Some are legal and some not. If they are legal what is the problem other then taking advantage of certain tax breaks or as you infer hiding the assets from some unknown future creditor. Are you going to suggest that only Romney or only republicans take advantage of tax breaks or protect their assets from creditors?

If they are illegal then he should be prosecuted for this illegal activity. But he might have to get in line behind Timothy Geithner and half the Obama cabinet.

jellero · Posted: Tue Jul 10, 2012 1:58 am Post subject:

but how will romney's millions invested in the caymans and switzerland "trickle down", creating new jobs in the u.s.? aren't these 1%ers the "job creators"? but where? well, he's probably the only one benefiting from the bush tax cuts for the rich and investing it in other countries, right? hey, vote for romney! he wants "common sense" medical care and he has a "plan" for the u.s. economy. j

Hacksaw · Joined: 07 Dec 2004 Posts: 3528 Location: Golden CO

James · Joined: 24 Jan 2005 Posts: 7012 Location: Castle Rock, CO

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otis of moab · Posted: Tue Jul 10, 2012 12:26 pm Post subject:

Although I doubt the existence of foreign accounts is really newsworthy, he needs to address the matter and neutralize the issue.

ASAP
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chemman · Posted: Tue Jul 10, 2012 12:27 pm Post subject:

I don't think this debate should be about the fact Romney has offshore accounts and companies. It should be about if Romney is willing to disclose his offshore activities. In order for an individual to become president of the USA the people who vote for him should have the highest confidence in that individual. Any other government employee, of which the president is, must disclose ALL financial information to the OPM in order to get their security clearance. I am sure some of you will disagree but the law is clear. Financial interests of and in an individual can be directly responsible for that persons actions as president.

The fact of the matter is that "offshore" accounts and businesses can and are used to conduct legal and illegal activities. Romney, the presidential candidate should look beyond his desire to keep his financial records private and disclose his offshore activities. He should take advantage of this opportunity to prove to the voting public that he is an honest man worthy of our vote for president.
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chemman · Posted: Tue Jul 10, 2012 12:28 pm Post subject:

James · Joined: 24 Jan 2005 Posts: 7012 Location: Castle Rock, CO

chemman · Posted: Tue Jul 10, 2012 1:41 pm Post subject:

I would think you, James, would be the first to admit that offshore accounts and businesses have a lot to offer for ease of access, privacy, and currency etc. You should also be the first to admit that offshore accounts due to their nature allow for illegal activities of all types.

Another answer I would like to know is why Romney could carry out financial activities in the US (supporting US jobs) and not offshore. I understand that it is all about the money, but where do you draw the line of loyalty to country to community.

If Romney thinks everything is about GOD and MONEY does he not denounce his citizenship for a country that will not take as much as the USA, many other 1%'s have and make a killing.

It is like the guy talks about investing in America, but not with his money. His money is in a business in Bermuda and the Caymans, and Switzerland, and Spain, and Dubai, and Bahamas, and...

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Il n'y a que moi qui a toujours raison.
BF's French lady.

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chemman · Posted: Tue Jul 10, 2012 2:01 pm Post subject:

ghostofcarl · Joined: 22 Jul 2010 Posts: 6808