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ProSense

(116,464 posts)
Thu Aug 16, 2012, 05:52 PM Aug 2012

Mitt's Taxes: Its about National Security, not how much he paid

Mitt's Taxes: Its about National Security, not how much he paid

by jgkojak

How much Mitt paid in taxes is great political theater and certainly illustrates how different Mitt's life is from the average American.

But that is NOT the most important thing about whether or not Mitt releases more tax returns.

The most important thing is NATIONAL SECURITY. And this NATIONAL SECURITY argument is how we should answer when Mitt evades the issue and tries to make it seem like its ONLY about how much he paid.

Its also about:
1) Who did Mitt do business with when making business/investment deals?
2) Are there world events that, blind trust or not, will cost Mitt money or make Mitt richer that will be influenced by his Presidency?
3) Are there places in the world where, due to Mitt's or Bain's dealings, Mitt Romney is unable to represent the interests of the United States?

We'll tackle these in extended...

Again, this is an issue of NATIONAL SECURITY. We need to know if the President is compromised or has a conflict of interest -- just like any federal employee, you shouldn't be in charge of something that you will either profit from or have substantial business or personal investments. Why? Because no matter how strongly patriotic Mitt is, he is only human, and he will be in a position to both broadly and in subtle ways influence foreign policy and capital investments.

1) Who did Mitt do business with when making business/investment deals?

We know that Mitt has a lot off offshore business interests.

Where are they, who knows what they are, and who is in a position to exploit this if Mitt becomes President not disclosing his more recent tax returns?

Likewise, the Romneys were reported to have invested at least $1 million in Elliott Associates, L.P., a hedge fund specializing in “distressed assets.” Elliott buys up cheap debt, often at cents on the dollar, from lenders to deeply troubled nations such as Congo-Brazzaville, then attacks the debtor states with lawsuits to squeeze maximum repayment. Elliott is run by the secretive hedge-fund billionaire and G.O.P. super-donor Paul Singer, whom Fortune recently dubbed Mitt Romney’s “Hedge Fund Kingmaker.” (Singer has given $1 million to Romney’s super-pac Restore Our Future.)

So Romney has invested, in offshore accounts and blind trusts, all sorts of money that has the ability to influence events in Africa, Iran, really all over the world.

Gee, it would sure be embarrassing for a sitting President to be called out over a potential foreign policy issue that enriched him and his friends, or for which he was influenced for fear of disclosure.

- more -

http://www.dailykos.com/story/2012/08/16/1120922/-Mitt-s-Taxes-Its-about-National-Security-not-how-much-he-paid

Oh, I'm loving this. Thanks for bringing the issue up again, Mitt.

T-Paw calls Mitt's overseas money 'global business arrangements'
http://www.democraticunderground.com/10021118442

No, the 'burden of proof' on Mitt's taxes does not rest on Democrats
http://www.democraticunderground.com/10021144313

[font color="black" size="12" face="arial"]What is Mitt hiding?[/font]





23 replies = new reply since forum marked as read
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Mitt's Taxes: Its about National Security, not how much he paid (Original Post) ProSense Aug 2012 OP
Secretive global business arrangements? In the real world, that's known as rocktivity Aug 2012 #1
New angles help sadbear Aug 2012 #2
What if Mitt was one of those people that made money trading on 9/10/01? progressivebydesign Aug 2012 #3
I'm saying it was even worse than that. russspeakeasy Aug 2012 #6
Could he have made a profit from dealings in the middle east, like with Iran? The Wielding Truth Aug 2012 #15
It is certainly possible.....if so, his blind trust made him do it. russspeakeasy Aug 2012 #18
I tend to disagree. It's about his character. denverbill Aug 2012 #4
Oh, Trust him Politicalboi Aug 2012 #5
Take it from a born and raised and now recovered mormon: plenty of them lie, lie, lie. Raster Aug 2012 #10
The applies to the entire Republican Party - Lying in the Name of the Lord! Zen Democrat Aug 2012 #12
That doesn't compute for me. Cha Aug 2012 #14
"bear false witness against thy neighbor" applies precisely to Romney's campaign against Obama Voice for Peace Aug 2012 #16
Interesting angle...thanks! eom Maeve Aug 2012 #7
Why should we trust he wasn't funding Osama? flamingdem Aug 2012 #8
Blackmail is a very real threat johnd83 Aug 2012 #9
Agreed. He has no loyalty to this country, or his so-called "church" for that matter. HopeHoops Aug 2012 #11
Loving this frame! Ruby the Liberal Aug 2012 #13
Exactly! Who is he beholding to and where? Not any regular Americans. We're dirt to him. freshwest Aug 2012 #17
Great point! nt wiggs Aug 2012 #19
Iran and North Korea. Pretty simple. Nt DevonRex Aug 2012 #20
Excellent framing. He could be in bed with terrorist for all we know. Lone_Star_Dem Aug 2012 #21
He's already in bed with Adelson. n/t ProSense Aug 2012 #22
I almost forgot that. Isn't he donating an obscene amount, like 100 million to Romney? Lone_Star_Dem Aug 2012 #23

progressivebydesign

(19,458 posts)
3. What if Mitt was one of those people that made money trading on 9/10/01?
Thu Aug 16, 2012, 05:57 PM
Aug 2012

Remember that strange burst of trading activity right before the attack? Would his returns reflect that? Did he benefit from that? Until he releases them, we can just speculate.

OR he will release them right before the election, so that no one has enough time to pore over them.

I truly believe he is not going to budge on this. He is sticking to his (lie) that he's releasing two years, which he hasn't. 2010 is incomplete, and 2011 is a guesstimate that is "being worked on"

denverbill

(11,489 posts)
4. I tend to disagree. It's about his character.
Thu Aug 16, 2012, 05:59 PM
Aug 2012

If he was using Swiss bank accounts to hide money and got caught, THAT's bad.

If he was dodging taxes by using tax maneuvers most Americans can't use, like carried interest, or some other dodgy scheme, THAT's an issue.

If he made his millions by illegal insider trading in his 401K, that's an issue AND a felony.

 

Politicalboi

(15,189 posts)
5. Oh, Trust him
Thu Aug 16, 2012, 06:01 PM
Aug 2012

He's a Mormon, they aren't supposed to lie. Besides, his beautiful wife already told us they aren't lying, what more do "You People" need? Besides, there are a lot of papers with numbers on them that mean nothing. Why fill our small minds up with all that. It's "their" turn anyway.

Raster

(21,010 posts)
10. Take it from a born and raised and now recovered mormon: plenty of them lie, lie, lie.
Thu Aug 16, 2012, 06:10 PM
Aug 2012

And in some mormon circles it is assumed it is OK to lie "to do the Lord's work."

Cha

(319,067 posts)
14. That doesn't compute for me.
Thu Aug 16, 2012, 06:53 PM
Aug 2012

What is so wrong with their religion that lying is the best option?

It's stupid..they admit they're liars...isn't that suppose to be the 9th Commandment in a religious environment? I happen to think it's just plain wrong..it's a failing in character.

 

Voice for Peace

(13,141 posts)
16. "bear false witness against thy neighbor" applies precisely to Romney's campaign against Obama
Thu Aug 16, 2012, 07:32 PM
Aug 2012

flamingdem

(40,888 posts)
8. Why should we trust he wasn't funding Osama?
Thu Aug 16, 2012, 06:08 PM
Aug 2012

They would have leveled such accusations against Obama if he pulled the taxes withholding stunt

johnd83

(593 posts)
9. Blackmail is a very real threat
Thu Aug 16, 2012, 06:09 PM
Aug 2012

It is obvious that Mitt cares more about his own fortune than the fate of the country.

 

HopeHoops

(47,675 posts)
11. Agreed. He has no loyalty to this country, or his so-called "church" for that matter.
Thu Aug 16, 2012, 06:15 PM
Aug 2012

All he cares about is himself and his corporate sponsors.

Ruby the Liberal

(26,664 posts)
13. Loving this frame!
Thu Aug 16, 2012, 06:51 PM
Aug 2012

Indeed. Why we need transparency. What if he did business with "mooslems" or something?

Lone_Star_Dem

(28,158 posts)
21. Excellent framing. He could be in bed with terrorist for all we know.
Thu Aug 16, 2012, 08:10 PM
Aug 2012

It's the patriotic thing to do to demand to see who he's beholden to.

Lone_Star_Dem

(28,158 posts)
23. I almost forgot that. Isn't he donating an obscene amount, like 100 million to Romney?
Fri Aug 17, 2012, 06:52 PM
Aug 2012

Buying a president. How American.

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