DNC Chair Attacks Romney Swiss Bank Account; Has Foreign Investments Herself
July 11, 2012 6 Comments
Rep. Debbie Wasserman Schultz, also the Chairman of the Democrat National Committee, is up in arms because Mitt Romney may have a Swiss bank account. She also alleges Romney had a super secret corporation in Bermuda over a decade ago. Apparently she wants Romney to release 12 years worth of tax returns, never mind that no candidate to win his party’s nomination has ever released as many tax returns. Schultz is the worst kind of partisan shrill, the sort that makes people hate politics and distrust everyone in Washington.
Let’s be up front here, Schultz has absolutely zero information suggesting Romney has done anything illegal. What she’s doing is, without evidence, raising the possibility that Romney is shady in his business dealings. In short, she’s taking a guilty until proven innocent approach to Romney while wondering aloud why anyone would want a Swiss bank account. The fact that Swiss banks are historically stable and safe apparently never entered Schutlz’ mind. She immediate jumps to shady dealings and hatred of America.
Of course what’s good for the goose is good for the gander in these matters. Schultz isn’t just the DNC Chair, she’s also a member of Congress and subject to asset disclosures. She’s never offered any of her tax returns for public viewing, despite them being demanded by several political opponents. Schultz has investments in retirement funds that include holdings in Swiss banks and the Bank of India. She has in the past had investments in a British bank, a Hong Kong watch company, a Danish drug company, a German car company, a Japanese shipping company and a Swiss luxury goods company. Why ever would an American Congressman need to invest outside of the United States? Rep. Schultz must be up to no good!
Nothing in Rep. Schultz assent disclosure suggests she’s done anything wrong or illegal. Just like nothing in Mitt Romney’s disclosures or tax returns suggest he’s done anything illegal. We live in a global economy, it’s hardly uncommon for even the average American to hold stock or other assets in foreign corporations or banks. In fact, it isn’t uncommon for average Americans to work for foreign owned companies. To get all excited because Romney has a Swiss bank account is pure political poppycock. Of course, if any of you follow Schultz you know that’s her specialty.
During the debates Mitt Romney said his investments were run by a blind trust, which means he has no control over where his money is invested or where it is held. This isn’t an uncommon thing for a candidate for high office to have. It creates a wall of separation between their political dealings and their investments. If Romney has a Swiss bank account, odds are unless he’s had it a long time he probably doesn’t know much about it. Even if he does know about it, what crime is committed by holding some assets in a safe Swiss bank? If we’re going to fall to pieces over a Swiss bank account, we ought to fall to pieces over every investment anyone in government makes in a foreign owned or controlled company. Such would be ridiculous of course.
The campaign against Mitt Romney is only going to get worse. They’re already making stuff up about his finances, suggesting shady dealings without the slightest bit of evidence. It seems the most they can come up with about Romney is that in 1965 as a high school student he might have bullied a kid by cutting his hair. Even that story hasn’t been verified, no one knows if it actually happened as the alleged victim is dead. This is the best they can come up with and they’ve had a good long time to come up with negatives on Romney. It seems his financial and personal dealings are squeaky clean, which is why Schultz, Obama and the Democrats are relying on innuendo, lies and eye winks. The Democrats are showing us once again what kind of guttersnipes they are.
I wish that I had a Swiss bank account. I wonder if they pay more interest than banks here. I suspect that the democrats are jealous of someone being a successful businessman and having the gall to run for president. My question is how does a community organizer become so wealthy ?
The assumption Democrats like Schultz make is that a successful businessman is somehow illegitimate. The way they react to success with such suspicion is very telling. These people hate private sector success because it usually comes from ones own hard work rather than from government.
Ah, but you have made a basic mistake. Don’t you know you can’t expect liberals to be accountable to the same standards they try to hold over everyone else? It just doesn’t work that way.
It’s worse than that. Whenever the left starts stamping their feet about something dreadful they imagine the Republicans of doing, they’re usually the ones knee deep in it already. Whether we’re talking about Swiss bank accounts, foreign investment, racism, various hatreds etc.
John Kerry released 20 years of tax returns. George W. released 9 years of returns.;
Why can’t Mr. Romney release more than 1 year, with 1 more pending. What is he hiding?
Phil-
This tax return thing is ridiculous. Bush released one year of tax returns before he was elected, then he released them yearly while he was in office. President’s Nixon, Carter, Reagan, Bush 41 and Clinton never released any returns until they were in office. The notion that we need to look at a candidate’s tax returns is ridiculous. We’ve elected plenty of President’s without knowing anything about their finances. This is an imaginary issue created by Democrats.