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Democrats and Swiss Bank Hypocrisy
American Thinker ^ | 09/07/2012 | W.A. Beatty

Posted on 09/07/2012 12:05:26 PM PDT by SeekAndFind

Tuesday night at the Democrat National Convention (DNC), former Ohio (did I spell that correctly?) Governor Ted Strickland said, "In Matthew, chapter 6, verse 21, the scriptures teach us that where your treasure is, there will your heart be also." Strickland was referring to Mitt Romney's Swiss bank account. He continued, "Governor Romney, just because you bank against the United States of America doesn't mean the rest of us are willing to sell her out. We are Americans."

Senator Dick Durbin (D-IL) said on CBS' Face the Nation, "He is the first and only candidate for U.S. president with a Swiss bank account, with tax shelters." That statement may be true (I can't dispute Durbin's research), but Romney closed his Swiss bank account in 2010. Further, Romney says that he has paid all legally due taxes.

We have this attack advertisement, approved by Barack Hussein Obama, which concludes, "It's just what you would expect from a guy who had a Swiss bank account." And this website, full of speculation, says, "We don't know if he's using these accounts [Switzerland included] to avoid paying his fair share in taxes, but we do know that in 2010, Romney's tax rate was a startlingly low 13.9%." There are two obvious problems, for thinking people, with the above statement. The phrase "fair share" is never defined, and nowhere is there an explanation of why "Romney's tax rate was a startlingly low 13.9%."

But you can be assured that the Obama Kool-Aid drinkers will eat up what this website says, since they are not thinking people.

There can be no doubt that Obama and Democrats will make an issue in the 2012 campaign of Romney's Swiss bank account in an effort to distract from his disastrous economic and jobs performance.

(Excerpt) Read more at americanthinker.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: democrats; hypocrisy; swissbank

1 posted on 09/07/2012 12:05:28 PM PDT by SeekAndFind
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To: SeekAndFind

This ‘Swiss bank account’ meme will fail because few voters are going to care about Romney’s bank accounts but about their own, which are mostly empty after four years of Obamanomics. Obama can run from his failures but he can’t hide.


2 posted on 09/07/2012 12:09:56 PM PDT by Jim Scott (Obama must be defeated)
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To: SeekAndFind

I am convinced that Mooochelle’s many ‘vacation trips’ were also to open multiple bank accounts around the world.
They are hedging their bets with having a safe haven to sel-exile themselves to, IMO.


3 posted on 09/07/2012 12:11:57 PM PDT by ridesthemiles
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To: SeekAndFind
IIRC, the entire Kennedy "Klan" has all sorts of off-shore tax shelters and accounts, and did back when Teddy Kennedy, saint of the democrats, and killer of women, was running for President of the USA.

Mark

4 posted on 09/07/2012 12:12:06 PM PDT by MarkL (Do I really look like a guy with a plan?)
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To: SeekAndFind

Where does Teresa Heinz Kerry park her billions? We know she and her husband “park” their $7M yacht In Rhode Island to avoid paying MA luxury tax of half a million dollars.
Am I the only person who remembers the Democrats having no problem with the wealth of candidates John Kerry, or John Edwards, or any of the Kennedy’s?


5 posted on 09/07/2012 12:14:09 PM PDT by Wiser now (Socialism does not eliminate poverty, it guarantees it.)
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To: SeekAndFind

When growing up, I always wanted to make enough money to put into a Swiss account just so I could say that to others. This sounds to me like the Dems have a little envy....


6 posted on 09/07/2012 12:20:31 PM PDT by jettester (I got paid to break 'em - not fly 'em)
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To: SeekAndFind

Heck, if I had enough of my own hard earned money left, considering the current state of finances in the US, I’d put it in a Swiss bank account too.


7 posted on 09/07/2012 12:25:07 PM PDT by Dapper 26
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To: SeekAndFind

I had an uncle who maintained personal accounts in Switzerland and London. He had a business that required a frequent travel to Europe and the accounts were necessary to transact business there. All the accounts were reported on his tax returns as required by US law.


8 posted on 09/07/2012 12:27:01 PM PDT by ozdragon
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To: SeekAndFind

Bump


9 posted on 09/07/2012 12:34:30 PM PDT by Freee-dame
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To: SeekAndFind
The phrase "fair share" is never defined

Let me help. If you've worked, scrimped, followed all of the rules and paid all of your taxes, and still saved anything, the definition of the amount of your fair share to be redistributed is always "More."

10 posted on 09/07/2012 1:21:10 PM PDT by Pearls Before Swine
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To: Pearls Before Swine

"I'll TELL you what's fair and what's not!"

11 posted on 09/07/2012 1:23:22 PM PDT by dfwgator (I'm voting for Ryan and that other guy.)
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