Watching Bill Clinton on C-Span who just said he's for repatriation of corporate profits

[flpoljunkie]

Bill Clinton was speaking on economic issues at an appearance before his Clinton Foundation on 10/28. He evidently supports Schumer's plan to use some of the repatriated corporate profits for a public/private partnership for an infrastructure bank. Wonder if he's also for giving a reduce rate of 5.25% that's been pushed recently.

Former Dem Rep. Harold Ford seldom appears on MSNBC or elsewhere without putting in a plug for repatriation of corporate profits. Harold Ford works for Morgan Stanley.

Former President Clinton is for mortgage refinancing, but, not surprisingly, does not mention reducing principal or cramdown in bankruptcy.

More on Schumer's corporate repatriation stance here:

http://www.ctj.org/taxjusticedigest/archive/2011/06/chuck_schumers_amazing_double-.php

[yurbud]

1. I would also favor reparations from their profits too.

[antigop]

2. Well, of course he is. DLC ===>Democratic Leadership CORPORATION n/t

[lib2DaBone]

3. The more I learn about Bill Clinton (after all these years)

NAFTA, Media Deregulation and consolodation, WTO, Banking.

He didn't do us any favors.

[banned from Kos]

4. Corporations simply won't repatriate at 35%

that cash looks really good on their balance sheet no matter where it is.

Your ROI in the US has to be 50% to make up for the tax payment at 35%.