Obama ad slams McCain for pledge to protect offshore tax havens during Bermuda 'vacation'

[rateyes]

Source: Rawstory

In a new ad released Tuesday, Barack Obama's presidential campaign slams Republican candidate John McCain for statements he made during a trip to Bermuda last year promising to protect the tax loopholes that allow corporations to do business from there and other offshore territories.

"Bermuda. It’s more than just a vacation destination for John McCain," a narrator says in the new ad.

<snip>

US Republican Presidential candidate John McCain has pledged to protect Bermuda's international businesses if he is successful in his White House bid. The Arizona Senator, who spent three days on the Island this week meeting business and political leaders, said he understood the concerns of the insurance and reinsurance sectors about draft legislation proposing a clampdown on US business operations in so-called tax havens.

He told The Royal Gazette: "The industry, the re-insurance that's had such phenomenal success has been good for both nations. I would oppose any measures that would upset that."



Read more: http://rawstory.com/news/2008/Obama_ad_slams_McCain_for_pledge_0923.html

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More at link with video.

Great ad.

[tekisui]

1. I like the dollar signs in mcPOW's shades.

ANd the end: We Can't Afford More of the Same.

[rateyes]

3. Yeah, I like that, too. nt

[Name removed]

7. Deleted message

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[Jim__]

2. Wow! Great ad.

[DangerousRhythm]

4. Nice. Don't forget to Digg the story!

http://digg.com/2008_us_elections/Obama_ad_McCain_pledged_to_protect_Bermuda_tax_shelters

:D

[Hope And Change]

5. K & R!

[Festivito]

6. So can't get money back even if democracy is important enough.

Or, is that to be impotent enough.

[Demeter]

8. Oooh! Good One!

Now THAT'S an attack ad!

[Ilsa]

9. Recommended. Great ammo for campaigning for Obama. nt