Did Mitt Romney Candidacy Just Suffer A Mortal Blow?

[SunsetDreams]

Secret Cayman Island Funds: Did Mitt Romney Candidacy Just Suffer A Mortal Blow?


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.


.....

There is nothing patriotic about parking money earned by "creating jobs" in offshore funds. It is fundamentally an unpatriotic act. You are knowingly taking your activities outside of the jurisdiction of the United States. How can Romney possibly defend this action?

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Fourth, do we want a president that seems to believe he can successfully hide basic information like this from the American people? We have learned from the Washington Post that at Bain, Romney's word was not his bond. So, his honesty is already in question. Now, we are forced to wonder about his basic intelligence, and the intelligence of his advisers (if they knew about this).

In an earlier era, a disclosure of this type would have forced Romney to resign from the race. The consequences of this revelation in our day are not yet clear. There is simply no acceptable rationale for a presidential candidate to be actively managing money in a jurisdiction purposely designed to avoid the scrutiny and laws of the United States.

Much more at link: http://www.huffingtonpost.com/bruce-judson/mitt-romney-offshore-accounts_b_1214591.html?ref=politics

Mitt Romney: WealthFare Bum!

[FSogol]

1. K & R. n/t

[Scuba]

2. Mitt and Newt crash and burn on the same day as Perry resigns. That leaves man-on-dog icky stuff.

[gratuitous]

3. This will hurt Romney, but only if the popular media decide it will hurt him

Keep an eye on the coverage. If we get a bunch of clueless grins and shrugs, "We don't understand big money high finance maneuverings," then Mitt will skate. Or, if the media accept Romney's self-identification as the personification of "free enterprise" or "capitalism" and therefore above reproach. If, on the other hand, the popular media decide to share their understanding and the facts of the matter with the hoi polloi, Mitt will have many uncomfortable questions to answer.

[uponit7771]

14. Dems can get it together and have a message that is clear

[bluestateguy]

4. I remember in 2000 when McCain beat Bush in Michigan

I was young and foolish and thought it was the beginning of the unraveling of the Bush campaign. No, it was a mere bump on the way to the King's coronation.

[Gidney N Cloyd]

5. Mitt's just trying to help those poor Cayminions and their struggleto achieve a freemarket democracy

What could be more American than that, my friend?

[Uncle Joe]

6. Kicked and recommended.

Thanks for the thread, Sunset Dreams.

[SunsetDreams]

10. my pleasure

Whether his candidacy suffers a Mortal Blow now or later really doesn't matter to me. I bet the GOP is scrambling and that is delicious!

[Uncle Joe]

11. It has a chocolate cannoli flavor, light yet sweet.

[SunsetDreams]

12. Yum....

sounds really good

[dembotoz]

7. he even outsourced his money

job creators need tax releif to make local jobs my ass

[GodlessBiker]

8. He claims he wants to bring jobs here but he won't even bring his money here? Asshole.

[brewens]

9. I remember Bob Novak scolding someone on tv about offshore accounts.

A totally indignant remark about how Democrats wanted to do away with offshore tax shelters. As if they were banning baseball and apple pie. Same thing when the Enron scandal was breaking. Going after those guys because some people lost money. Like that was just the breaks of the game and they shouldn't whine. In all fairness he didn't have many facts at that time.

I actually liked that guy for a conservative. I loved him as the "Prince of Darkness" on Crossfire. We're lucky more conservatives, especially the religious right, didn't listen to him more.

He had Gary Bauer or one of those guys on one time, trying to talk him down. Telling him to back off on the Christian issues. Let's get some spending and tax cuts first, get a Republican in The Whitehouse, and then we'll do your stuff. This was when Clinton was running for re-election. Of course they use those guys and never intend to give them what they want.

[SunsetDreams]

13. kick

[Mz Pip]

15. If what he did was illegal

people will care, but it probably is not. And the Romney campaign will continually point out that he didn't do anything illegal.

One can hope that people will see this not as a legal question as much as an example of what rich people get do that all the rest of us don't. They get to offshore their money to avoid paying taxes. Most of us wouldn't know how to begin doing that - we don't have the resources to haire clever accountants and highly paid tax lawyers.

[Liberal_Stalwart71]

16. He is banking (no pun intended) on the fact that Americans have short term memories.

If he can get all of this stuff out in the open NOW before the nomination process ends, the American people will forget about it. And what's worse, in true Democratic Party fashion, the Democrats won't hit hard during the GE.

[Cherchez la Femme]

17. It is disturbing

this was brought out before the primaries

[sarcasmo]

18. Sounds like Paul might win by default.

[Hugabear]

19. Are you kidding? That's a point in his favor with many rethugs

The more and more "Wall Street" he looks, the more it shores up his rethug credentials.

[Quantess]

21. Yes, with many republicans, but not all.

That won't fly with the working class republicans, and there are a whole lot of them. The challenge though, is if they will ever find out, because FOX and Rush Limbaugh won't tell them.

[Hugabear]

22. "working class Republicans"

If the "working class Republicans" voted for their own interests, they'd be Democrats

[Scurrilous]

20. K & R