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Romney Failed to Disclose Swiss Bank Account Income
ABC News ^ | 1/26/2012 | MATTHEW MOSK and BRIAN ROSS

Posted on 01/26/2012 2:32:38 PM PST by Raebie

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More things you won't see on Drudge...
1 posted on 01/26/2012 2:32:41 PM PST by Raebie
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To: Raebie

Interest on 3 million isn’t a “trivial insignificant” oversight.


2 posted on 01/26/2012 2:35:01 PM PST by circlecity
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To: Raebie; P-Marlowe

Is Romney amending his return or is he amending the paperwork he made public?

Huge difference.


3 posted on 01/26/2012 2:36:36 PM PST by xzins (Retired Army Chaplain and Proud of It! Pray Continued Victory for our Troops Still in Afghan!)
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To: Raebie

Yeah, you said it. The country-clubbers are in full-tilt media gonzo to destroy Newt.

And this is hilarious. Since when is $3 MILLION a “minor discrepancy”? Wow. This is the guy who wants his paws on the federal budget?


4 posted on 01/26/2012 2:36:59 PM PST by VictoryGal (Never give up, never surrender! REMEMBER NEDA)
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To: circlecity
Interest on 3 million isn’t a “trivial insignificant” oversight.

Actually, it was the whole damn $3 million that Mitt didn't disclose. They only found it because of the roughly $1,700 in interest he disclosed for it on his tax records, which he didn't disclose on his ethics forms. This is a major bone-headed move on Mitt's part. Woot Woot!

5 posted on 01/26/2012 2:37:36 PM PST by Thane_Banquo
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To: All

It was a financial disclosure form, who cares. Its not like he did this on a tax return. $1,700.00 - now its desperation at this point.


6 posted on 01/26/2012 2:38:36 PM PST by cdnerds
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To: Raebie

The DNC is compiling all the “dirt” on Romney and Newt.

The RNC is twiddling their thumbs.


7 posted on 01/26/2012 2:39:07 PM PST by unkus (Silence Is Consent)
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To: circlecity
Bah, a billion here, a billion there, pretty soon you're talking real money...

RMNEY

8 posted on 01/26/2012 2:39:07 PM PST by null and void (Day 1101 of America's ObamaVacation from reality [Heroes aren't made, Frank, they're cornered...])
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To: Raebie

And WHO still thinks this wont matter to the public?

A presidential candidate with a Swiss bank account with millions in it?


9 posted on 01/26/2012 2:41:06 PM PST by VanDeKoik
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To: Raebie

Who gives a damn? Man, I am starting to hate this election season. It has turned into a circus.


10 posted on 01/26/2012 2:41:11 PM PST by Semper911 (When you want to rob Peter to pay Paul, you'll always have the support of Paul.)
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To: Raebie

Well put.


11 posted on 01/26/2012 2:42:14 PM PST by Jet Jaguar (Romney=Gun Grabber.)
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To: VanDeKoik
A presidential candidate with a Swiss bank account with millions in it?

Only a fool would put all his eggs in one basket (the basket being US banks... with Obama in charge of things).

Mitt's my last choice (well, second to last behind Paul)... but this sort of rhetoric is pure nonsense.

12 posted on 01/26/2012 2:44:14 PM PST by Cementjungle
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To: Raebie

Why would Romney put millions of dollars in a Swiss bank account?


13 posted on 01/26/2012 2:44:14 PM PST by Gator113 (~Just livin' life, my way~..... GO NEWT GO.....!)
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To: Semper911

Why does it matter? Because Romney would be just another Ford, Dole, McCain loser in the general!


14 posted on 01/26/2012 2:45:16 PM PST by Jim Robinson (Rebellion is not just brewing, rebellion is here!!)
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To: Gator113

Bingo.


15 posted on 01/26/2012 2:46:29 PM PST by Raebie (WS)
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To: Semper911

To hell with the RINOS!! Run a conservative!!

NO MORE RINOS!! NO ROMNEY, NO WAY!!

Rebellion is ON!!

Live free or die!!


16 posted on 01/26/2012 2:46:36 PM PST by Jim Robinson (Rebellion is not just brewing, rebellion is here!!)
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To: Raebie

Willard has a packaging problem with this one. Does he put a blue or grey suit on it and smile? This will not play well in the general election so why put him in that position.

Wanna bet Newt has a comment about this during this evening?


17 posted on 01/26/2012 2:47:29 PM PST by Mouton (Voting is an opiate of the electorate. Nothing changes no matter who wins..)
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To: circlecity

“So that’s where that 3 million went!”

I hate it when that happens.


18 posted on 01/26/2012 2:48:45 PM PST by Tijeras_Slim
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To: cdnerds
It was a financial disclosure form, who cares.

Obviously you've never had to work in, for instance, the financial industry, or any other industry that requires disclosures like this. If you had, you would be familiar with the requirement to fill out forms like this, and if you leave out a $3 million account in a foreign country, they usually fire you for that. And sometimes, the SEC brings charges.

Just sayin', it's kind of a big deal.

19 posted on 01/26/2012 2:48:53 PM PST by Thane_Banquo
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To: circlecity

Well, interest on 3 million could be a “trivial oversight” if you are a multimillionaire who doesn’t need every dollar to support your family... I certainly wouldn’t overlook it but Romney is uber-rich and well,,he knows my pain/s


20 posted on 01/26/2012 2:50:31 PM PST by austinaero (Obama or America - can't have both)
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To: Tijeras_Slim
Not quite the same as having it slip down between the sofa cushions, eh?
21 posted on 01/26/2012 2:51:11 PM PST by gov_bean_ counter
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To: Cementjungle
Only a fool would put all his eggs in one basket (the basket being US banks... with Obama in charge of things).

Yes, that's true - but only a bigger fool would expect Swiss bank account information to be ignored in a presidential primary battle. Or in the general election.

It's as though Romney thinks of himself as untouchable, like the "real" Democrats.

22 posted on 01/26/2012 2:51:43 PM PST by Charles Martel (Endeavor to persevere...)
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To: Charles Martel

Aloof, disengaged and out of touch.


23 posted on 01/26/2012 2:53:10 PM PST by gov_bean_ counter
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To: gov_bean_ counter

And a far cry from finding some crunchy french fries under the car seat.


24 posted on 01/26/2012 2:53:12 PM PST by Tijeras_Slim
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To: Tijeras_Slim
LOL!!!

I know I put thost tots somewhere...

25 posted on 01/26/2012 2:54:03 PM PST by gov_bean_ counter
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To: circlecity

According to the news, Romney earned only $1,700 on this account. If this is true, it is insignificant


26 posted on 01/26/2012 2:55:07 PM PST by Smedley (It's a sad day for American capitalism when a man can't fly a midget on a kite over Central Park)
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To: Raebie

it is on Drudge and I came over to tell all my conservative friend and fellow Freepers - starte screaming at Newt and Romeny and tell them if you can’t include something about Obama in every advertisment then you are not smart enough to be president. For example, newt to talk about romneycare and romney could talk about people that make more enemies than friends.


27 posted on 01/26/2012 2:55:34 PM PST by q_an_a (the more laws the less justice)
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To: Raebie
Don't we all forget about our Swiss bank accounts? I know I do....
28 posted on 01/26/2012 2:59:05 PM PST by HereInTheHeartland (I love how the FR spellchecker doesn't recognize the word "Obama")
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To: Smedley
"According to the news, Romney earned only $1,700 on this account. If this is true, it is insignificant"

If Romney only earned 1,700 on a three million dollar account then that's the last guy I want running the country.

29 posted on 01/26/2012 2:59:46 PM PST by circlecity
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To: Raebie

30 posted on 01/26/2012 3:00:54 PM PST by jimbo123
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To: Smedley

According to the news, Romney earned only $1,700 on this account. If this is true, it is insignificant
____________________________________________________

I’ll bet you $10,000 the average voter disagrees.


31 posted on 01/26/2012 3:01:33 PM PST by Raebie (WS)
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To: Semper911
Who gives a damn? Man, I am starting to hate this election season. It has turned into a circus.

I will attempt to answer. Given this administration for practical purposes got the majority Swiss banking community to 'identify' their account holders, the liberals know where Romney has every nickel and dime stashed.

There is a direct correlation of the liberals funded performance art called 'occupy' set in motion with the anticipation that Romney was the GOP anointed candidate. Funny thing if anyone has been paying attention it was Wall Street that bought and paid for the BamBamKennedy election and are still keeping his campaign coffers filled... bailouts, stimulus, etc....

Romney is running his campaign not unlike Obama has always campaigned, destroy the opposition before the voting begins. AND Romney is so confident his wealth won't be used against him by the covetous left that he says he got rich using the same methods as Obama did in the autobail out.

The GOP establishment does not like 'outsiders' that get in the way of their candidate and they started day one back November 2008 election building roads to get their pick nominated. The rest of US are suppose to join in NOW to lay the bricks so their candidate can take control of spending.

Romney and his campaign want to win the supposed independents... snicker.... how stupid they are to think those independents are not going to run in horror when they get the 'breaking news' headline Romney has hidden Swiss bank accounts. IT is a childish game and we are about to find out which 'bully' bullies best.

32 posted on 01/26/2012 3:04:48 PM PST by Just mythoughts (Luke 17:32 Remember Lot's wife.)
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To: Charles Martel
Yes, that's true - but only a bigger fool would expect Swiss bank account information to be ignored in a presidential primary battle.

True, he should have known that Obama would instantly break the law and use government resources to make a political attack.

33 posted on 01/26/2012 3:06:52 PM PST by Cementjungle
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To: Raebie
2012 is the easiest slam dunk Executive Branch win in recent history and the GOP has screwed it up beyond repair. The entire dinosaur establishment GOP and the liberal media all got behind an unbelievably flawed flip-flopping ultra-liberal loser. Then they allow a Truther crackpot libertarian crash their Party and make the Party look even dumber. Then they systematically undermine, back-stab, and attack anyone that believes in any amount of conservatism.

It is time for a new Party. The GOP can stick it as far as I'm concerned. Unless any candidate on the ballot is a true Tea Party conservative, I will NOT give them my vote in 2012.

34 posted on 01/26/2012 3:15:29 PM PST by Proud2BeRight
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To: circlecity
Interest on 3 million isn’t a “trivial insignificant” oversight.

At today's interest rates, it pretty much is. And, if you have $250 million, it's easy for a tax drone to lose track of one of your accounts. I don't think Romney personally reviews every single line item on a huge return.

35 posted on 01/26/2012 3:19:44 PM PST by Pearls Before Swine
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To: Cementjungle

Tell the general public that.

They wont give a damn about his reasoning.

They are going to see themselves struggling while the guy running for president of the U.S. is stashing money in Switzerland and then “forgets” it’s there.

It looks bad no matter what the spin is.


36 posted on 01/26/2012 3:21:40 PM PST by VanDeKoik
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To: gov_bean_ counter
Not quite the same as having it slip down between the sofa cushions, eh?

If you made $21,000,000.00, $1,700.00 is pretty close to what "slips down between the sofa cushions", comparable to about $3.00 to a person who makes $40,000.00.

37 posted on 01/26/2012 3:27:46 PM PST by Prokopton
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To: Pearls Before Swine
"I don't think Romney personally reviews every single line item on a huge return"

Oh it was on his returns, it was on his ethics disclosure forms he "forgot" he had a three million dollar swiss bank account.

38 posted on 01/26/2012 3:29:35 PM PST by circlecity
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To: VanDeKoik
It looks bad no matter what the spin is

Doesn't even come close to Obama's Rezko connection, or Michelle's hospital "job" after senator Obama sent our money their way.

39 posted on 01/26/2012 3:29:43 PM PST by Cementjungle
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To: Smedley; xzins
According to the news, Romney earned only $1,700 on this account. If this is true, it is insignificant

That would be roughly 7 days interest on $3,000,000 at 3% interest. How long did he have this account? Was he paying a premium on the money to keep it from being noticed?

Cayman Islands, Swiss Bank Accounts, Government subsidies, loves to fire people,... Mitt Romney - A Man of the People.

40 posted on 01/26/2012 3:37:22 PM PST by P-Marlowe (NEWT!!! Because everyone else is just average.)
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To: Raebie
Out here in San Francisco, radio station KSFO has been running ads for tax attorney Steve Moskowitz (1-888-TAX-DEAL) for most of last year talking about an amnesty program for unreported foreign accounts, with huge penalties for not disclosing those accounts.

Does this mean that Romney is now liable for paying up to 50% of his undisclosed foreign account balances as a penalty to the IRS?

-PJ

41 posted on 01/26/2012 3:38:36 PM PST by Political Junkie Too (If you can vote for President, then your children can run for President.)
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To: Raebie

Probably at least 300K...perhaps more...depends on his details. Whatever it is, to most of us that is NOT insignificant nor trivial. I flunked math 27 times, I think but I know $1700 is incorrect.


42 posted on 01/26/2012 3:40:03 PM PST by halfright ("Peace is that brief glorious moment in history when everybody stands around reloading". -TJefferson)
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To: Prokopton; xzins
If you made $21,000,000.00, $1,700.00 is pretty close to what "slips down between the sofa cushions", comparable to about $3.00 to a person who makes $40,000.00.

So if he went into Saks Fifth Avenue and stole a $1700 wallet that would be the same as if the guy who makes $40,000 went into the 99 Cent store and stole 3 candy bars?

Is that how this works?

43 posted on 01/26/2012 3:40:57 PM PST by P-Marlowe (NEWT!!! Because everyone else is just average.)
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To: Cementjungle
Doesn't even come close to Obama's Rezko connection, or Michelle's hospital "job" after senator Obama sent our money their way.

Well I have not heard one word from the Romney camp about Obama's ill gotten gains. NO instead Romney said his gains were just like Obama bailing out the auto industry, 'cash for clunkers' included. Romney is playing his own game of politics and forgetting, leaving out the reporting of all things 'evil' Swiss bank accounts, in some circles would be called an 'ethics violation'.

44 posted on 01/26/2012 3:44:04 PM PST by Just mythoughts (Luke 17:32 Remember Lot's wife.)
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To: Jim Robinson
Run a conservative!!

Agree. Where are they? I know you are supporting Newt now, but where are the conservatives? Why are we settling for him? I just don't get it.

45 posted on 01/26/2012 3:45:32 PM PST by Semper911 (When you want to rob Peter to pay Paul, you'll always have the support of Paul.)
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To: Semper911; Jim Robinson; xzins
I know you are supporting Newt now, but where are the conservatives? Why are we settling for him?

Who is more conservative than Newt and is currently running for president on the GOP ticket?

Santorum isn't even running in Florida (and on his record he is more liberal than Newt). He's toast. Everyone else has dropped out.

Who are you going to support, the Anti-Establishment Newt or the Establishment Romney?

46 posted on 01/26/2012 3:51:15 PM PST by P-Marlowe (NEWT!!! Because everyone else is just average.)
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To: Semper911

Newt is a pro-life, small government, strong defense, Reagan conservative. Wants to gut government, drastically reduce taxes and spending, neuter the Fed and the EPA, restore the constitution and the bill of rights especially the first, second and tenth amendments, defrock our black robed rulers, restore religious freedom and stop the wholesale slaughter of the innocent unborn!!


47 posted on 01/26/2012 3:52:51 PM PST by Jim Robinson (Rebellion is not just brewing, rebellion is here!!)
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To: circlecity
Interest on 3 million isn’t a “trivial insignificant” oversight.

If what's reported on Drudge is true, $1,700 is indeed trivial to a millionaire.

48 posted on 01/26/2012 3:58:12 PM PST by StarFan
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To: P-Marlowe
Who are you going to support

I am going to support whoever is running against Obama. Period. Any one of them would be better than an Obama second term.

I am blown away by the number of freepers here who claim they will stay home if their guy doesn't get the nomination.

Obama Out is job one.

49 posted on 01/26/2012 4:04:24 PM PST by Semper911 (When you want to rob Peter to pay Paul, you'll always have the support of Paul.)
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To: Gator113
"Why would Romney put millions of dollars in a Swiss bank account?"

I'll add to that question: How can he have a Swiss bank account when I know Swiss citizens living here are forced to close their Swiss accounts while legally residing in the U.S.?

50 posted on 01/26/2012 4:05:35 PM PST by SiVisPacemParaBellum (Peace through superior firepower!)
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