Obama Camp Releases Infographic On Romney’s Offshore Bank Accounts

[ProSense]

Obama Camp Releases Infographic On Romney’s Offshore Bank Accounts

President Obama’s campaign website has released a new infographic highlighting Mitt Romney’s assets around the globe.

Mitt Romney has invested his money around the world, from the Cayman Islands to Ireland to Australia. We don’t know if he’s using these accounts 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%. This means Romney pays a lower tax rate than many teachers, firefighters, police officers, and other middle-class Americans—even a lower rate than most other millionaires.

http://livewire.talkingpointsmemo.com/entries/obama-camp-releases-infographic-on-romneys-offshore-bank

The Obama campaign ad here: http://www.democraticunderground.com/1002630942

[FSogol]

1. How about a vacation to visit all the sites of Mitt's money?

Bottom line? Romney will do anything to avoid paying his fair share. Why does he hate America?

[renate]

20. that would make a great (and funny!) ad

I love it!

[MADem]

31. And the music for the ad just jumps out at ya!

An Irish jig, a German beer hall tune, the infamous Waltzing Matilda...!

Maybe they could put Mittsy's head on the cartoon bodies of a leprechaun, a guy in lederhosen, a shrimp on the barbie Crocodile Dundee type, etc. as he and Annie hop round a cartoon globe, tossing money in the air that lands in these foreign lands!

[valerief]

32. That really would make a fantastic ad!!! nt

[Ruby the Liberal]

40. I love this!!

Would make a great raffle.

[yellowcanine]

66. Better yet, have a garden gnome visit all the sites and send back pictures.

[Scurrilous]

2. Thanks.

K & R

[Politicalboi]

3. Mitts money

Would need it's own Air Force One.

[msanthrope]

4. This is an awesome graphic. nt

[Angry Dragon]

5. I do not know what the problem is

Does not everyone have investments around the world??

[Uncle Joe]

11. All my money is tied up in my pool and golf course

but it's hard to keep good help.

[Angry Dragon]

17. Perhaps you should help The Donald out with his golf course in Scotland

[Drunken Irishman]

19. Oil for me...

Okay, I keep them in old oil cans, but still...

[spin]

58. It's been obvious to me since day one ...

that Romney is trying to buy the election. It worked in the primaries as he was able to outspend his opponents 20 times to one in order to get his negative ads on TV.

That will not work when he tries to campaign against Obama as Obama will have considerable funds to finance his campaign.

The Republicans are going to wondering once again how they could manage to such pick a loser to lead their party.

[emulatorloo]

76. Romney has the Koch Bros and Rove's Crossroads BILLIONS at his disposal

They will try the same tactics against Obama they used in the Primary.

Am hoping it does not work.

[spin]

77. This will undoubtedly be a very negative campaign ...

and it will turn many voters off and they will not show up at the polls.

It's a shame that negative ads are effective as it is one reason that many people dislike politicians.

Still I feel that Obama has an excellent chance of winning as long as the economy shows signs of improvement.

[AllyCat]

6. This is exactly the kind of guy the right wingers like.

They want someone to show them how to do it too. Except they don't make enough money to pay some good accountants and lawyers to help them with it. But if they just work hard enough... someday...they'll be rich too! Right?

[cali]

7. No they don't. The corporatists, that's another story.

The true believers don't like or trust Romney. And don't confuse the two.

[AllyCat]

25. But in the end, they will all vote for him whether or not they like him.

Because they hate Obama more.

[Bradical79]

42. Maybe, maybe not.

I suppose it depends on how much the Republican party can frighten them. President Obama being a black guy with a "un-American" sounding name may still help, but I already know a few who will likely stay home on election day. For some a lying french speaking Mormon is as bad as a commie foreigner who got elected as part of some kind of 51 year old Islamic/African conspiracy

[AllyCat]

48. It would still be great if they stayed home. Just shows their colors even more

However, I still think they will fall into line at the last minute and vote for the white guy who plans to completely undo them.

[harun]

74. Agree. Core GOP likes actors who do their bidding. Someone who can think for themselves

is not what they are looking for.

[maxrandb]

29. It's actually much more stupid than that

The guy making $15 and hour as a Delivery Driver is convinced that if only he votes for Rmoney, he too will be able to have lavish bank accounts all over the world.

Problem is, that 0.02% is a very exclusive club. Much more exclusive than that 1% club.

Makes you wonder why, after trying the Rethuglican "trickle-down" theory for the past 40 years, 90% of all the wealth has flowed to the 0.02%

Why...it's almost as if it's by design

[AllyCat]

36. And the 1%ers really don't want that type of person in their club.

I mean, THAT kind of person is just so beneath them. yeah, design...funny...

[jillan]

8. To me, the least patriotic thing an American can do is make their millions in the US and then

invest it in other countries to avoid reinvesting in the US.

Every dollar hidden in an offshore account is a big fuck you to maintaining and rebuilding our country.

[dmr]

24. Yep, & if this were Obama's money, the GOP would cry "anti-American" & "treason"

No doubt about it, that's exactly what they'd do, & more.

[PatSeg]

33. And then to have the gall

to run for PRESIDENT of the country he's screwing. The saddest part is he still doesn't have a clue that there is anything wrong with this picture.

[cyndensco]

39. That's the thing...."and run for PRESIDENT of the country he's screwing"

At least he had the decency to tell his landscaping company that he couldn't have "illegals" cutting his lawn because of his campaign. I'd think he would clean this up also.

[PatSeg]

47. The man has been running for political office

since the early nineties. You'd think he would have planned a little ahead, knowing there would be requests for financial records. And why couldn't he put off building the new house in California? He really doesn't get it. His lack of judgment alone should disqualify him for the presidency.

[gateley]

51. I know -- when we heard about his Mailbu home I thought "really? NOW??" THEN came the

report of the four car elevators!

[PatSeg]

59. Really, really clueless

He's like a small child - he doesn't understand how most people think, but one would think that he has political advisers who might give him a heads-up. I've never seen anything quite like it.

[gateley]

62. She just as easily could have worn a solid red $1,000 unidentifiable t-shirt. Poor judgment. nt

[Old and In the Way]

63. Why is this man running for POTUS?

He has no vision and no understanding of what is facing the bottom 90% of this country. The only thing I can think of that motivates Mitt for the office is that he views it as the biggest political trophy of all. It's the ultimate Exclusive Club. One that guarantee's your legacy for generations to come. That's it.

[PatSeg]

73. It truly is a perplexing question

I figured we have another candidate with Daddy issues - that went so well with GW.

I think Mitt has lived in the shadow of his bigger-than-life father and has some inner need to win the one office that George didn't.

Other than that, I can see no apparent reason for him to run. He doesn't seem to be very interested in foreign policy or domestic issues and he doesn't care enough to brush up on those issues before campaigning. It feels like, "I'm rich, I don't have to know anything. I hire people to know things."

[Spazito]

9. "Value not disclosed in tax returns"

BOOM!

Great graphic, sends a very clear message.

[leftynyc]

10. How very patriotic!!! (n/t)

[bahrbearian]

12. But, I thought he liked France

[EmeraldCityGrl]

13. This is an example of someone with no faith in the American dollar.

If the dollar were to collapse these currencies would benefit, a complete conflict of interest IMO.

[SunSeeker]

18. Exactly. He's betting on the other team to win.

IMO, this precludes him from holding office.

[NNN0LHI]

14. Anyone beginning to realize just how lucky we got getting Romney as the GOP nominee?

This is usually only the kind of stuff that happens in dreams.











Shit I am partying.

&feature=player_detailpage

Don

[lostnote12]

16. The perfect "foil"....I've felt the exact same way for quite a while..n/p

[Fumesucker]

23. To be fair..

Which of the primary candidates *wouldn't* have been a gift?

Newt?

Bachmann?

Santorum?

Paul?

[NNN0LHI]

28. I actually considered all the other GOP candidates more a threat to Obama's reelection than Romney

Including the, "9-9-9 and everything is fine.", guy because a lot of Americans appreciate ignorance in their president. Bush and Reagan proved that.

Having a good education is detrimental for Romney with most of the voters he is courting.

Don

[patrice]

69. I've been wondering about that question . . . . nt

[lostnote12]

15. Switzerland ??

.....I know that it is wishful thinking but I do hope that Lil Mitts financial records are among the records that were recently released by the Swiss Banking Mafia to the US Feds for Tax evasion.....It certainly would be an eye opening experience for the electorate to wake up to a criminal investigation of a Presidential candidate......

[dmr]

26. Oooo, I'm gonna dream about that one tonight!

But seriously, you raised a good point about his records being part of that disclosure.

[Old and In the Way]

65. Maybe that's a motivating reason for him to run.

Can you imagine the political fallout if a legitimate investigation was opened on Rmoney because he's been avoiding US taxes on his income? He's may be using the political process as a way to inoculate himself from criminal investigation.

[perdita9]

21. Damn! Obama's showing up to the fight fully armed.

Good for him

[CatWoman]

22. Damn Homey

easy with the brass knuckles

[Enrique]

27. i have heard that he loves America

[Alcibiades]

54. Holy shit

"Do we have any veterans in the room tonight?"

One less veteran than there ought to have been, that's for sure.

[patrice]

70. Only if the trees are the right height & dogs don't ride in cars. nt

[MsPithy]

30. Sounds like a fun episode of "Where in the world, is Matt Lauer?"

He could travel to all the countries where the Romneys have hidden money. That is, if the media actually had a liberal bias.

[PatSeg]

34. $3 million in Switzerland?

We all know that to Mitt that isn't all that much money, much like his speaking fees. I think anything under eight digits is chump change to the Romneys.

[NNN0LHI]

38. That is really not usually the case with the wealthy people I have known

Ones I have known were real cheapskates. They bargain for everything they purchase. Even if they spend a half hour dickering over the price of something that costs ten bucks when they get a nickel discount they grin like the Cheshire Cat. Then they prance around like they really accomplished something.

Don

[PatSeg]

46. Oh yes, I know what you mean

AND they are generally the worst tippers on the planet.

[SoCalDem]

35. "value not disclosed on tax returns"..WTF!

tax returns are ALL about "disclosed values"..

[progressoid]

37. Oh give Mitt a break.

Those accounts are just for a little pocket change when they go on holiday overseas. You never know when you are going to need to buy some toothpaste or socks or a yacht.

[AlbertCat]

41. Y'know, Mitt is rich. And that's OK

It's OK he invests around the world.
It's even OK he takes advantage of tax loop holes.


But it's not what I would consider presidential material. (Is Mitt gonna close those loopholes he and his wife use?)


I mean, nothing the GOP has to offer is up to the challenges of the presidency. This is a huge general point. No matter who the GOP puts up for consideration, they all sux! In different mind boggling ways! Period. I guess we just get Mitt this time around.

[patrice]

43. What this means to U.S.:What this means to FOREIGN powers ...

What this means to us: Romney does not pay the full cost to us of producing his wealth, so we are expected to cut our investments in our own commonly held resources and also to make up whatever remaining difference there is out of the pockets of the 99%.

What does this money mean to the countries in which it is deposited? They could lend against it and invest it, so that taking it away and bringing it back to America, where this wealth was created by Americans, would put those countries at risk. Hence, what happens to YOU and your community is determined by FOREIGN governments.

How could this situation be affected by a PRESIDENT who has these investments?

[freshwest]

49. Bush and Cheney are the best examples of that.

[patrice]

55. Yes! The Invasion of Iraq proves that. We need to identify ALL of these politicians who

are owned by FOREIGN money.

I hope there aren't any Democrats on that list, because this is a good answer to those who say there are no differences between us and Republicans.

[freshwest]

56. '...what happens to YOU and your community is determined by FOREIGN governments..'

You've hit on a crucial point I've brought up but some people have no reference point as to how we got in this mess. Your quote is part of what happened after Vietnam and during the Iraq war.

Were the US steel and auto industries so lousy they needed to be sold to Japan? We were given various reasons by media droning their failures into our heads, all of them easily disproven.

No, but they helped finance the Vietnam War. There are payments that are in currency and payments that are made in kind. That and other moves set the way for lowering wages. Do I blame the Japanese? No, not at all.

Was the rest of our manufacturing base, the ports and other resources now in the hands of the Chinese so badly managed or unprofitable that they needed to be sold off?

No, they carried the debt for the Iraq war. Cheney thought the American currency was going to become so worthless he converted his money into foreign currency while he was VP. It was reported by that windbag Kramer, as if he was amazed. Cheney knew he was hurting the value of the dollar. And the Chinese knew, too.

Why should they not be paid, why should they wait for decades for money, why should they care what happens to our communities here? Why should they not be given something in kind like Japan? Their countries were disadvantaged by lending us money for these adventures.

This is possibly another way of looking at the trade deals that were signed over the last few decades, but it may not be related. Tom Delay and pals made money from sweatshops in the Mauritanias. Other corporations in our history helped with coups, like the UFC in Guatemala. There is money in these things which suddenly become some kind of 'national interest,' but the American get only the crumbs from these deals.

Obama said that every dollar for the Iraq war was borrowed from China. IMHO, that's we now have to buy everything from them. My representatives met with us on the cost per district from the Iraq war we had to pay as our quality of life went down. This is not really a secret, it's not discussed because the media's job is to keep our eyes off the flow of these monies.

From the year 2007, Obama explains the direct effects of going to war and borrowing money for it on our communities:

Okay, there are likely gaping holes in my analysis, but that may be a tiny part of what is going on.

[patrice]

67. Love! your last sentence and your sig. Apparently you and I are cognitive kin.

And, yes, that's always been one of Barack Obama's greatest assets: He's a very good teacher. And people have been HUNGRY to be invited into the authentic discourse for a very very very long time.

[patrice]

71. Isn't the President (& the rest of us) also supposed to infer from this that this is why the 1%

CANNOT bear an end to Tax Cuts and loopholes? We're supposed to believe that they are so over-a-barrel internationally that it'll destroy them and, hence, some of our foreign "friends"? So they neeeeeeeeeeeeeeeeed every penny to keep "us" (and, oh boy, that particular pronoun IS to laugh!!!) afloat. Or at least that's what they want us to think, so it's the President's job to figure out how much of that is a lie.

I say "Take them OFF the custom-designed tax policy heroin!!" There's a bunch of us going down, might as well have some company.

[freshwest]

44. Romney apparently running for Emperor of Earth. Who knew?

[Digit]

45. Ahhhhhhhhhhhhhahahahahahahaha

[gateley]

50. Wow! Pulling no punches! K&R!!

[Bolo Boffin]

52. Oh, my goodness.

[spanone]

53. bwahahahahahaaa... GObama

[YOHABLO]

57. SHOW ME THE MONEY !

Seems like we have a handle on it .... right. So far 3 million in a Swiss bank account. How about all the others? How much Mitt ?.. tell us Mitt. And hey Mitt, you ain't got a chance in hell at being the President of this United States .. no way.

[Beartracks]

60. So, Mitt Romney DOES have a foreign policy!! n/t

[thelordofhell]

61. Rmoney is the perfect President...............of Mexico

[SidDithers]

64. K&R...nt

Sid

[patrice]

68. he, he, Hey, All, it's a star. Does that mean, when the magnetic pole reversal occurs, it'll be

a pentagram?

Warn your End-Timer friends!

[Honeycombe8]

72. Wow! I hope they put this in a TV ad for everyone to see! nt

[penndragon69]

75. Blind Trust

should be romneys campaign slogan.

Blind trust (and a lobotomy) are what reich wingers
need in order to vote for this 1% SNOB.