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oilpro2

(80 posts)
Tue May 1, 2012, 09:12 AM May 2012

"Swiss Bank Account" ... Obama's new ad



"Swiss Bank Account" highlights Mitt Romney's belief that a strong economy is built on outsourcing, loopholes and risky financial deals. As a corporate CEO, he shipped American jobs to places like Mexico and China. As governor, Romney outsourced state jobs to India, and now as a candidate for president he is pushing tax breaks for companies that ship jobs overseas.

Romney's economic scheme stands in stark contrast with President Obama's efforts to continue moving the country forward by rebuilding an economy that's meant to last, by out-building, out-innovating and out-educating the rest of the world, and making the things the rest of the world buys by closing loopholes and providing incentives that are bringing jobs back to America.
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marble falls

(57,014 posts)
1. Its only an attack ad if it is not substantialy true. Its about time the President took....
Tue May 1, 2012, 10:00 AM
May 2012

off the gloves and weighed into the "consrvatives" and NeoCons.

aquart

(69,014 posts)
2. Swiss accounts pay LOUSY interest.
Tue May 1, 2012, 10:44 AM
May 2012

I have even heard of accounts where you have to pay them to hold your money. (But I can't really believe such a thing.)

There is no reason to put money in a Swiss account except to hide it.

JDPriestly

(57,936 posts)
7. Maybe you plant to protect your potential income from the tax man?
Tue May 1, 2012, 03:35 PM
May 2012

Maybe you are protecting yourself against currency fluctuations or an anticipated loss in the dollar?

Maybe you want an overseas account in which to hide profits from overseas investments from the tax man?

 

oilpro2

(80 posts)
4. I guess factual ads about Romney are not
Tue May 1, 2012, 11:25 AM
May 2012

technically an "attack" ad. So I took that word out of the title.

Let's face it, though. It makes Mittens look like a pretty scary ugly mean capitalist rich guy, which he is.

SunSeeker

(51,523 posts)
5. Nice jab about Mitt outsourcing even STATE jobs to India.
Tue May 1, 2012, 12:09 PM
May 2012

Shows he loves outsourcing whether it's the private or public sector. So when you call the DMV in Massachusetts you get Prandeep?

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