Skip to comments.Obama Campaign Attacks Romney's Swiss Bank Account
Posted on 04/09/2012 3:35:58 PM PDT by NoLibZone
President Barack Obama's campaign attacked Mitt Romney's Swiss bank account in a conference call Monday.
Sen. Dick Durbin (D-Ill.) emphasized that no presidential candidate has ever had a Swiss bank account.
"So I started asking people: 'Why do you have Swiss bank account?' One, you believe the Swiss Franc is a stronger currency than the United States dollar. And that is apparently the decision the Romney family made during the Bush presidency. And secondly, you want to conceal something. You want to hide something. Why would you have a Swiss bank account instead of one in the United States?
(Excerpt) Read more at neontommy.com ...
“we’ll see your Swiss bank account and raise you”
......millions in untraceable donations and non-coded credit card donations, Gaza phone bank call centers, and illegal campaigning on US taxpayer time and dime.
“Its OK to have bank accounts elsewhere as long as you report them.”
I don’t see any legitimate reason why you should report your back accounts anywhere period. Is it not your money? What business is it of anyone’s where you choose to keep it?
I don’t think its anybody else’s business where you keep your own money. I think you have a God Given right to do with your money what you please. It is after all your money!
The Feds might claim the right to tax it but only while its here or entering this country. Not while its leaving(Article I.9.5: “No Tax or Duty shall be laid on Articles exported from any State.”), and certantly not while it resides or is in uses overseas.
The Federal Government might claim a legitimate right to tax activity here in the united States but NOT outside. The Federal Government does not have domain over the world nor does it own you as its property/slave. The Federal Government can’t therefore legitimately claim any portion of your labor conducted or property held outside of its legitimate domain.
Maybe Romney just wanted to diversify and protect some cash. I wish I was rich enough for a Swiss bank account with Obama coming after all my cash. The article says he put money there under GWB. Maybe he saw what was coming down the pike with “the one”.
In principle, obviously I believe every American can do what he wants with his own money. When you run for office, your decisions on such matters become my business.
If you’re running for governor of Michigan and touting your experience in the auto industry, you probably don’t want to drive a Japanese car.
If you’re running for president of the United States and touting your experience in financial management, you probably don’t want to have your money in overseas accounts.
That shouldn’t be hard for the son of a former Michigan governor and auto executive to understand. The fact that Romney doesn’t shows how the Democrats will be able to paint him as being “out of touch” with America.
It’s going to be awfully hard to defend Romney on things like this if he wins the Republican nomination. We still have a very small window to defeat him... let’s try.
And secondly, you want to conceal something. You want to hide something.
That’s the funniest part of Durbin’s exchange. Pardon me, but isn’t Obama hiding a boatload of information. Maybe Romney or any “R” should point that out to Durbin and open the can of worms.
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