Thursday, January 19, 2012

Romney Has Millions Stowed Away Off Shore in the Cayman Islands

I think a President should be--or at least have once been--a man (or woman) of the people. He should at least have some idea of what the average, American experience is. Our previous President, The Decider, was a rich boy with something of a free ride, but he did at least associate with the little guy sometimes. One thing about Dubya, the people who liked him, really liked him. They wanted to sit down and have a beer with him, even though he is an alcoholic. Barack Obama and Bill Clinton came from more humble beginnings, and only later in life became wealthy and powerful. Whatever you think of them, putting the title of "elitist" on them is an empty insult. But Mitt Romney? Mitt Romney has been rich since day one, and super-rich almost as long. [Story continues below]

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Is that a bad thing? No, in-and-of itself, I suppose not. But every "human" moment that Romney has attempted on the campaign trail (which dates back years) has come off stiff, forced and odd. He doesn't ad lib well with ordinary Joes. No, something about Romney sets him apart from we ordinary mortals.  And lately, he's been making an effort to seem like he's not a 1%-er. His speaking fees of nearly $400K in a year were "not much." His tax rate of 15% was on money he made from investments, not from working. This doesn't mean he's bad, it just means he's different. Different from the people he wants to vote for him, and different from the man he is (badly) attempting to portray on the campaign trail.

Now, this.


Romney Parks Millions in Cayman Islands

Although it is not apparent on his financial disclosure form, Mitt Romney has millions of dollars of his personal wealth in investment funds set up in the Cayman Islands, a notorious Caribbean tax haven.
A spokesperson for the Romney campaign says Romney follows all tax laws and he would pay the same in taxes regardless of where the funds are based. . .

Read more at: ABC News

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