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Gimme Shelter! ABC Reports Mitt Romney Keeps Millions In Cayman Islands

» 146 comments

Today is a big news day in Republican presidential politics. With the South Carolina primary just days away, former Massachusetts Gov. Mitt Romney, still reeling from attacks on his record at Bain Capital, negative buzz surrounding his yet-to-be-revealed tax returns, now has to deal with an ABC News Nightline report on his financial holdings in the Cayman Islands, a notorious tax haven.

RELATED: Mitt Romney Cops To Tax Rate ‘Closer To 15%’ And ‘Not Very Much’ From Speaking Fees

According to ABC News’ Brian Ross, Romney holds up to $8 million in investments in the Cayman Islands, and while Romney’s campaign says he derived no tax advantage from those investments (likely a true statement, since Romney’s tax returns will tell the tale soon enough), the funds he invests in help other investors avoid paying US taxes:

Romney campaign officials and those at Bain Capital tell ABC News that the purpose of setting up those accounts in the Cayman Islands is to help attract money from foreign investors, and that the accounts provide no tax advantage to American investors like Romney. Romney, the campaign said, has paid all U.S. taxes on income derived from those investments.

“The tax consequences to the Romneys are the very same whether the fund is domiciled here or another country,” a campaign official said in response to questions. “Gov. and Mrs. Romney have money invested in funds that the trustee has determined to be attractive investment opportunities, and those funds are domiciled wherever the fund sponsors happen to organize the funds.”

…Tax experts agree that Romney remains subject to American taxes. But they say the offshore accounts have provided him — and Bain — with other potential financial benefits, such as higher management fees and greater foreign interest, all at the expense of the U.S. Treasury. Rebecca J. Wilkins, a tax policy expert with Citizens for Tax Justice, said the federal government loses an estimated $100 billion a year because of tax havens.

This revelation plays right into the anti-Romney narrative that he’s an out-of-touch zillionaire who cares less about American jobs than he does about adding to his own wealth, and unless this is just the tip of some much larger iceberg, he would be well-served to get those tax returns out now. The trickling out of stories like this will be the death of a thousand cuts for Romney’s candidacy.

RELATED: Chris Christie Says Mitt Romney Should Release Tax Returns Now

The Cayman story is just part of a wave of terrible news for the Romney campaign today. The announcement that Romney actually lost the Iowa Caucuses is probably too late to help Rick Santorum all that much, but it drastically undercuts Romney’s electability/inevitability argument. Rick Perry‘s exit from the race, and anticipated endorsement of Newt Gingrich, is also a major blow to Romney’s lead in South Carolina.

The only hopeful sign for Romney is the promise of that bombshell Marianne Gingrich interview, which could damage Romney’s chief rival going into the primary. You can bet his campaign will be tuned in, fingers crossed.

Here’s Nightline’s report on Romney’s Cayman investments, from ABC:


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  • http://pulse.yahoo.com/_ERDSZOOPOITNDF3GS45TPSRZP4 Jeff

    Glad to see the main stream media is dilligently vetting Romney, leaving no stone unturned, the same way they did to Obama, with their in depth reporting on Ayers, Wright, Marshall and his mother and father(s) socialist/communist followings. Oh wait…..

  • Anonymous

    Shocking…another Repug who hates America.

  • Gloves Martin Donahue

    Congrats to Romney on great success in business and future success in the White House.

    I call on Jay Carney to release his tax return, since he is paid by the public to function as Obama’s Press Secretary, not a member of the campaign.

  • Anonymous

    A very patriotic Mr 1%.

  • Anonymous

    Give credit to Fox ‘News’ for doing that. 

  • http://pulse.yahoo.com/_ERDSZOOPOITNDF3GS45TPSRZP4 Jeff

    Obama’s list of unreleased documents:
    1. Occidental College records and transcripts — Not released2. Columbia University records and transcripts — Not released3. Columbia Thesis paper — ‘not available’4. Harvard University records and transcripts — Not released5. Medical records — Not released6. Illinois State Senate schedule — ‘not available’7. Illinois State Senate records — ‘not available’8. Law practice client list — Not released9. Certified Copy of Original Birth certificate — Not released10. Harvard Law Review articles published — None11. University of Chicago scholarly articles — None12. Record of Baptism — Not released or ‘not available’ 

    When is the media going to start demanding these documents and start vetting Obama?

  • Anonymous

    So, there’s only one viable alternative left…

    Ron Paul

  • http://pulse.yahoo.com/_ERDSZOOPOITNDF3GS45TPSRZP4 Jeff

    So you agree the main stream media is biased and didnt do their job. Glad we agree.

  • Henry Wood

    Yeah, because if only we had known about Ayers and Wright, we could have avoided electing a president that coddles terrorists.  Oh wait…

  • http://www.madcharles.com/ MadCharles

    And Bill Clinton keeps his 87 million dollars in speaking fees where ?  with his buddy Harold Rains, Maybe Bill keeps it in the same place his Freddy and Fanny director , Harold Rains,  keeps the 90 million golden parachute he looted from the taxpayers as he left the job..

  • Anonymous

    And the Kennedies had the same investments. But Tommy has never reported that in any article I can find.

  • Anonymous

    Obama is 1% too.

  • Anonymous

    You knew about them… but you wasted your time with the birth certificate.

  • Anonymous

    The rap on Romney is not — as he likes to claim — that he’s “successful,” it’s that he sometimes made his money by questionable means, is totally out-of-touch with working Americans, has been evasive about revealing his tax returns, treats his $300,000+ in speaking fees like pocket change, and has benefited from a profoundly unfair tax code that gives him a bigger break than the guy who mows his lawn. This news only further fuels the perception of him as an privileged Monopoly man who can play shell games with his dough.

    Good luck selling this in a year when most Americans believe that the super rich have been coddled enough and “income inequality” is the biggest catchphrase of the campaign.

  • Anonymous

    Fox News is the main stream, duh. 

  • Anonymous

    You type these words like they mean something.  LOL.

  • Anonymous

    “When is the media going to start demanding these documents…?”

    When they actually matter.

  • Anonymous

    You definitely need to work on your math.

  • Anonymous

    Why blame Tom. Blame CBS, they are the one digging. 

  • Anonymous

    Tell me which other president has shown you these documents you have requested? did you get these same documents from McCain/ Palin?

  • Anonymous

    So jeff you are willing to give up part of your social security and medicare so these rich guys can get even richer …no matter how they hide it…you don’t care about that.

    .. ….hope it all trickles down on you..but you can.blame it on the media…

  • Anonymous

    Glad to see your persecution complex blinds you to the fact that the mainstream media reported on all of the things you mentioned in regards to Obama back in 2008.  You may now continue wallowing in your own self pity. 

  • Gloves Martin Donahue

    Passports and all of his Social Security numbers, including the borrowed one he is using now, and throw in Uncle Omar’s too. Did illegal alien Uncle Omar vote in 2008 ? 

  • Anonymous

    Mediaite wasn’t around in the ’60s. 

  • Anonymous

    The rich keep getting richer…hiding it from the taxman…but hey it will all trickle down on you though…good luck with that… by the way…you aren’t too bright

  • Henry Wood

    Wher iz duhr berf sertifikut?

  • Anonymous

    When faced with the truth…the rich get richer by hiding it from the taxman…all you can do is blame the press…just like a little kid”look what he’s doing”  face the truth man…it aint gonna trickle down…

  • Anonymous

    It must be in a lock box with those all-important college grades.

  • http://pulse.yahoo.com/_ERDSZOOPOITNDF3GS45TPSRZP4 Jeff

    When is the Marines peeing on the dead Taliban soldiers going to be Obama’s “Abu Gharaib”?? Oh that’s right, it wont be because the liberal main stream media doesnt do that to presidents with a Democrat label. 

  • Jardino

    Uncle Sam loses $1 billion a year due to offshore tax havens. That should make what’s left of the Tea Party happier with Mitt. Maybe Mitt is a closet Tea Partier.

  • Anonymous

    Better adjust your tin foil hat and take those medications the doctor prescribed.

  • Anonymous

    This was news in 2007. 

    http://www.latimes.com/business/la-na-mittoffshore17dec17,0,2757442,full.story

    I wonder how many people are upset with Romney about offshore accounts will smash their iPhones, iPads and Macbooks (or at least not buy new ones)?

    http://www.tuaw.com/2012/01/11/most-of-apples-82-billion-cash-stockpile-is-trapped-overseas/

  • http://pulse.yahoo.com/_ERDSZOOPOITNDF3GS45TPSRZP4 Jeff

    Where is the big investigative piece on Obama getting his sweetheart house deal from convicted felon Tony Rezko? Where is the investigative piece on how Michelle got a huge salary increase right after her husband became senator and did the hospital some favors? Where are the investigative pieces on Solyndra and Lightsquared and all the billions lost to “green” companies who all happen to be huge donors to Obama and the democrats. We’re waiting ……

  • Anonymous

    Hey as long as we’re not reporting on record unemployment, gas pries, foreclosures, misery index, etc, then we’re good right? I mean didn’t you hear, everything is getting better.

    So that’s what really counts. At the end of the day, as food stamps lines shoot to the moon, Romney’s Cayman islands accounts is what really matters right?

  • Anonymous

    Define the %1 then please..

  • http://pulse.yahoo.com/_ERDSZOOPOITNDF3GS45TPSRZP4 Jeff

    Bush and Kerry revealed their college grades in their last election. Its how we found out Bush was actually a better student than Kerry although that was not public perception. What if Obama was a C student, you think that would hurt Obama’s smartest guy in the room persona? What is he hiding? If he was a great student wouldnt he want to show that being the narcissist that he is?

  • Anonymous

    Very true.  When the electorate will believe your narrative without anything to back it up other than “because we say so”…it won’t matter.

  • Anonymous

    Romney said the $300,000 in speaking fees (for the year) was “not much” because it is  pocket change when compared to what others like Bill Clinton make on the speaking circuit.

    Clinton spoke at one of my company’s events a few years ago for $500,000 and that was one of 3 stops for the day (and we got a discount as our company gave a lot of money & volunteer time to the Clinton Global Initiative). 

    I wonder if Obama or Clinton would work as Chief Executive for free as Romney did for the state of MA or the Salt Lake City Olympics (Romney actually donated $1 Million to the Olympics on top of taking no salary).

    But yah…out of touch.

    Meanwhile the “In Touch Pauper Family Obama” rakes in his millions while eating $85 dollar steaks and taking hundred thousand dollar vacations- that is when the aren’t shutting down Disney to give a speech and get some private time with Mickey. 

  • Anonymous

    Yeah and Kerry went to war while Bush hid…you don’t mind that though…

  • Anonymous

    Fox is at 36%. MSNBC is at 5%.

  • Anonymous

    Again, all these things you describe are present with the FDR, The Kennedys, John Kerry, Edwards, Bloomberg, Corzine, …all “super rich”.  For Christ’s sake, the very guy you have in your photo, was born into the 1% and stayed there his whole life!   
    So just face it, your judgment is clouded by ideology, and the very things you dtest with Romney, you have no issue what so ever with when the individual is ideologically aligned with yourself.   Hypocrite much?

  • Anonymous

    It matters to me…he’s hiding his money…but wants to take from my Social Security and Medicare while the rich keep getting richer…it would matter to you if you could just try THINKING….instead of being a peasant..

  • Anonymous

    Palin’s would be a tedious exercise, since she went to 5 different colleges (one of which she attended twice) to complete her Journalism degree.  No wonder she hates intellectuals…

  • Anonymous

    Good for Romney…Shows me he is a wise investor who doesn’t break the Law!!

    Of course the left will try to spin this into something it isn’t as the author above proves that point!!

    The left will never do piece on Obamas shady dealings…..in fact, I hope the left runs with this non issue so the Obama dealings can be brought into the spotlight when his ratings are already dismal!!

  • OSTL

    “exgop” is nothing but a bomb throwing troll.

  • OSTL

    another sock? wow

  • OSTL

    sez the sock that screamed “Bush was a C student!” for 8 friggin years….

  • http://pulse.yahoo.com/_CIXF2QUIO456WI3K3JDRFL3QKY Bret

    SS and medicare are already paid for :)

  • OSTL

    Kerry got rice blown up his ass running from a fire fight.

  • RW

    That’s right!  Don’t lose focus.
    The MSM are not doing their jobs.  The economy is not getting better.  Gas prices are rising.  Seniors who depended/counted on CD interest income are hurting (Cd interest rates are BELOW 1%).  Where are the stories??????

  • http://pulse.yahoo.com/_CIXF2QUIO456WI3K3JDRFL3QKY Bret

    it wouldn’t hurt one bit cause my mayne Obama can still kick any GOP candidates butt in a debate.

  • http://pulse.yahoo.com/_CIXF2QUIO456WI3K3JDRFL3QKY Bret

    maybe him not showing his grades proves hes not a narcissist. and maybe showing your American school grades does not give you much credit. these school systems let you pass lol.

  • RW

    President Obama will run a presidential campaign against Mitt Romney’s prosperity and the US Congress – conveniently forgetting to mention the Senate (50% of Congress) is run by DEMOCRATS!

  • http://pulse.yahoo.com/_CIXF2QUIO456WI3K3JDRFL3QKY Bret

    it’s not 1812!!!!!
    it’s 2012, his outlooks are two hundred years old.

  • http://pulse.yahoo.com/_CIXF2QUIO456WI3K3JDRFL3QKY Bret

    well this time it was not done in an illegal camp.

  • Anonymous

    How is it Congress has to pay for a middle/low income tax cuts, but not for the 1%? I can not wait for the Bush tax cuts to expire!

  • http://pulse.yahoo.com/_CIXF2QUIO456WI3K3JDRFL3QKY Bret

    you can never trust the percentages you see on the polls each seperate news station comes up with.

  • Anonymous

    Not if you listen to Cantor, Ryan, Boehner and the likes.

  • http://pulse.yahoo.com/_CIXF2QUIO456WI3K3JDRFL3QKY Bret

    if we got rid of the Bush TAX CUTS RIGHT NOW, it would end our debt. it’s that simple man.

  • Anonymous

    Actually I think the C grades were a gift!

  • Anonymous

    I’m waiting for the Romney family “branwashing” to take effect.

  • Anonymous

    Misery loves company

  • Anonymous

    Yeah, none of those things have received any coverage at all from mainstream news organisations, except all the times they’ve been reported on and analysed over and over and over.

    His actions as the head of Bain Capital and his actions since are important news as they all serve to give potential voters more information about the candidate and the future they will actually be voting for. News like this, his actions at Bain and his reluctance to reveal how much tax he actually pays paints a picture of Romney as a man whose primary concern is the enrichment of people who are already rich rather than the betterment of his nation, as someone who’ll work the system to give as little back as he possibly can. It makes him seem even less like one of the people, like someone who understands the problems faced by normal folk and like someone who is even less likely to close those loopholes than his opponent and will fund his policies by increasing the burden on people who earn considerably less than he does..

  • Anonymous

    What war did you serve in bucko
    typical…and where did you come up with that?

  • Anonymous

    Yet, there is little doubt you can name one of them…

  • Anonymous

    well if he does have many ss#’s at least he is paying taxes. Not HOARDING money off shore.

  • Anonymous

    Yes. If you could get your nose out of Obama`s ass long enough to do a search.

  • Anonymous

    SHHHH Don’t let Gloves hear you. He thinks looting money and keeping money off shore is a success!

  • Anonymous

    Here we go again….he’s hiding his money from the taxman and people like you blame the press…you are handing Obama a victory with your silliness

  • Anonymous

    where as you are just a troll

  • Anonymous

    The Tea Party is over. hahahahaha

  • Anonymous

    Gas prices going up . Could wars have caused that?

  • Walt

    Right, believe conspiracies against someone you have been conditioned to hate put forth by a news media who’s creator has admitted had always wanted to create a news channel slanted to the benefit of the GOP… as far back as when he was part of Nixon administration.  And then accusing the other news media as being biased for not embracing those conspiracies even though many of those conspiracies were covered by MSM only to be dropped when there was nothing there.  That’s real logical… I guess in your world.  Gee, I wonder how Fox News and right wing radio (one in the same) would have covered 9/11 if it had happened on Obama’s watch?  I bet I can answer that more truthfully than you can.  I think Walter Cronkite had a point when he said, “The truth tends to take a liberal point of view.”  But you wouldn’t  know that because you just can’t cut your strings.

  • OSTL

    Did you cut Bush the same slack? Don’t bother I already know the answer.

  • Anonymous

    Guh, this is what sux about the media during elections. The story states that experts agree that there is nothing illegal with what Romney is doing, yet the whole purpose of this is to insinuate that something illegal and sinister is going on. Obama got a million dollar loan for his house from a convicted swindler and no once can say if he even paid it back, but you won’t hear  a peep about that.

  • Anonymous

    Mit pays about 15% income tax or as Jay Leno said 15% thats not a tax that’s barely a tip.
    BA DA BING

  • Anonymous

    There is no doubt about it: Mitt Romney is the pure representative of the 1%. 

    He does not work and gets the yearly wage of a MainSt worker in one DAY if it is true what I heard and  I calculated right.
    When I immigrated to the USA somone told me, welcome to capitalism central. Yes, welcome to a country that blinds its people by boasting about being the land of the free. A groundless claim because one truth is not considered but valid. The rich rule over the poor and the borrower is servant to the lender, as Salomon says.

    So what went wrong? You cannot serve both, God and riches says the Bible.

    And in this respect the 99% of the USA are responsible as well. As long as they refuse to accept Christ as King of King, supreme lawgiver and head of all governments, they will not have a free society. Democracy is a smoke screen. It is ruled by the rich. Currently more than ever because of the huge national debt.

    Watch: German preacher’s thoughts on 2012 
    http://www.youtube.com/watch?v=gpLYq525SpM

  • Anonymous

    There was no slack to cut.

  • Anonymous

    Wheres you nose pal?  

  • Anonymous

    What else do you expect from Mitt ‘I’m running for President, for Pete’s Sake’ Romney.  He doesn’t care about anything except being elected.  I was in the unfortunate position of having him as my Governor for 4 years

    He will do or say anything to be elected.  Watch what happens when he is trying to get moderates in the general election, he will basically turn his back on whatever he has been saying for the last year.

  • Anonymous

    This is what sux about these sites…fools like you saying”well Look what he did” with no proof…

  • http://conurls.com/ Chris Jones

    Romney should be proud of his wealth and take full advantage of tax loopholes as long as they exist. What he’s doing with his money is not illegal. The goal should be to keep the government’s greedy paws off as much of your doe as possible.

  • Anonymous

    Will they also cover APPLE’s 57 Billion they keep offshore so they can avoid paying taxes on that.  Romney has maybe 10 million…so he is a piker compared to the leftist at Apple hiding their Billions offshore.  Apple has 87 billion CASH available..but keeps most offshore.

    heh….as you say.

  • http://www.facebook.com/people/Bart-Morgay/100001554351938 Bart Morgay

    Mitt is just showing he has complete faith in the Cayman economy.

  • Anonymous

    That’s what we’re looking for in a president; somebody who appreciates the ability to get away with as much as he can. We keep electing greedy bastards, and then complain because “the government” has greedy paws.

    And, it’s spelled “dough.”  Fondling your own doe?  Dope.

  • Anonymous

    Phew. Whatta relief.  That makes it better.

  • OSTL

    you are the kind of drone that would avoid any proof put forward

  • Anonymous

    That’s the capital gains rate. It should be lower than that. After all, investments are very risky and we want to incentivise investment, right?

  • Bobby Brady

    Mediaite’s resident Obama shill is going to need some shelter after he reads this:

    Oh My: NYT Poll Finds Obama’s Approval Rating Down To 38% – Only 31% Among Independents…

    http://news.yahoo.com/obama-losing-luster-independent-voters-poll-053844302.html

  • Bobby Brady

    You mean like now?
    See my comment below.
    All I can say is “Whole lotta racists out there these days”.

  • Anonymous

    believe me, if ABC or anyone else could really prove that Obama “coddled” terrorists, it would have been well publicized.  There simply was no story there.  The Republicans were combing every piece of dirt that they could dig up and came up empty handed. 

  • Anonymous

    Obama would never have become president of the Harvard Law Review with bad grades.  He could have gone to New York and worked at any top law firm he chose, that isn’t what he wanted. 

  • Anonymous

    Well, now we know where the money trickles instead of down, south to the Caymans!!

  • Anonymous

    Dont they deduct the bad? So they only pay 15% on the profits not the losses! IDIOT

  • Anonymous

    NEVER… Like Sgt Schultz the MSM niether see or hear Nossing!!!

  • Anonymous

    AHHhh ty for that.. The MEDIA  did dig into Palins college records, did report on them, did discuss the fact that McCain was not born in the USA, but on a base in Panama.. None of this has been done re Obama.

    How many Media went to Alaska trying to did g up dirt on Palin, Hiow mant persued Obama similarily???

  • Anonymous

    Kennedy was a Senator till his death. Running for office every 6 years.

  • Anonymous

    you LYING POS .. Bush never hid, he served in the National guard, as many did and continue to do so.. Also Bush had what is considered to be the most dangerous job in the Military …  flying fighter jets.  Oh BTW  Clinton did hide, in England ..

  • Anonymous

    Tommy is here promoting this story on Mediaite. Not CBS. Memogate already told us what we need to know about CBS.

  • Anonymous

    So Romney is the problem for taking advantage of existing law but the Congress that wrote and passed the law, the President (Which one? Who knows.) and either successful or no court challenges to the law go unmentioned.

    If you have a problem then change the law, don’t blame those who take advantage of what is legal.

  • Anonymous

    isoltion .. worked in 18121 when it took 3 weeks to cross the ocean,  not so much in 2012 when flights take a few hours, and there is this thing spreading info called the internet ..

    Oh ya  and as a joke his positing that the way to get the troops home was to cut off their air conditioning..

    Oh and wait there are all those nasty vile comments in his news letter, and before you say he never wrote them .. they were in HIS news letter, he owns them .. Ron Paul is simply a very nasty piece of work very nasty ..

  • david r

    Jeff, you are pissing in the wind.  Sure, he’s a b.s. artist, but the media sold him to the public and we are stuck with him for another term.  

  • RW

    When will they show the many requests for Obamacare waivers granted by Sec. Sebelius.  Granted to many, many, many labor unions.  Where is the report on that? 

  • david r

    We will read about Obama’s dirty deeds in history books.  The media failed the country.

  • Anonymous

    Yes — and the same is true for everyone. I never said any different. no need for name calling.

  • david r

     You must be a racist.

  • Anonymous

    ya Obamma’s war in Lybia….. next question

  • Anonymous

    Did he go to war? Did he? No but he sent a lot of soldiers to a useless one…try another one pal

  • RW

    Please try to keep up – the title of this story is ABC reports.  We are asking where are the reports that would reflect negatively on Obama.  It seems to suit the liberal MSM to run ‘gas prices are high’ stories when the stories hurt Republican administrations.

    The MSM (and also Mediaite) are acting as a Democratic PAC.  I hope the conservative/Republican voters remember this in November.  Vote against President Obama and against the MSM.

  • Anonymous

    Shell companies in the Caymans are people too, my friend!

  • Anonymous

    Anyone, with savings over ,say, $50,000 would be well advised to keep their savings in as a discreet a location as possible.  Furthermore, buying and stashing gold is just as prescient an idea.

    America elected a President and Congress in 2008, that turned out to be dominated by Socialists.  Every day President Obama and his administration, czars and useful idiots are in power, everything and anything an American citizen owns is in jeopardy, as Socialism’s core philosophy is that of wealth redistribution.

    I can’t explain why a plurality of Americans would vote themselves into such a political and economic conundrum, but, those Americans predilections are such that everyone shares in the misery of Socialism, equally, which is of course, a fallacy.  Socialism will have its elite class just as Capitalism does.  The difference is, Socialists pretend such class differences don’t exist.  Conversely, the Capitalists accept such as a manifestation of the Nations success and wealth.

    Self deceit and denial, versus, self actualization?

    Anyway, history tells us that, warts and all, America and Capitalism have been the engine that has produced more good in the past 200 years than all other nations combined.  Yet, a deceitful and vengeful plurality of American citizens Socialist/Democrats, desire to “kill the golden goose!”

    In conclusion: Romney is being smart keeping his money off-shore, After all, our current Government would take/steal all of it, if given the chance…

    Purveyor of Rhetoric

  • Anonymous

    Another great Murcuhn Christian Patriot.

  • RW

    I’m not.  Every time you play the ‘racist’ card, it becomes less and less effective.  You and your leftist friends are diluting the seriousness of that charge.

  • Anonymous

    So they should pay taxes on losses from money that already had been taxed when it was originally earned?

    Also, the deduction does translate to all that well. as it may or may not move you into a different overall tax bracket. In most cases the deduction does not do much for you. Besides, you just lost all or part of your investment.

  • Anonymous

    I think that is what Dunny was refering to. There is no proof the money was paid back.

    Also, the fact that there is a possiblilty of illegal activity is not pursued as a story, but Mitt’s legal activity is.

  • RW

     Here’s how Brian Ross handles a Democratic affair:

    August 8, 2008 Friday
     WORLD NEWS WITH CHARLES GIBSON

    (Off-camera) Now, to John Edwards, who promised during his second run for the presidency, to be a champion for working families. After he dropped out, he talked of his love for his wife, who is battling cancer. But lurking in the background were rumors, which Edwards always denied, that he had had an extramarital affair. Today, in an exclusive interview with ABC’s Bob Woodruff to be aired later tonight on “Nightline,” Edwards admitted to that affair. Our chief investigative correspondent, Brian Ross, has the details. Good evening.

    As early as October 12, 2007, rumors were abound about Edwards affair with Rielle Hunter.  It wasn’t until well after Edwards was out of the race that our Johnny on the spot investigative reporter (Brian Ross) jumped in on August 8, 2008. 

    A little late to the story????   Rubes

  • Anonymous

    Ronzel  .. LOL yopu ignorant POS .. did you saay he hid?? he did not .. But Clinton did .. LOL you Bush haters have no bounds to your LYING stupidity …

  • Anonymous

    sure, but keep in mind that for every dollar of gas you spend, almost 47 cents is going to state, local, and federal taxes. It seems there is a pretty easy way to lower gas prices.

  • Anonymous

    Point taken, “Two wrongs don’t make a right?”

    However, “Let he who is without sin, cast the first stone?”

    I call this sort of thing “economic treason.”  Not codified, criminal treason, but, actually and metaphorically treasonous to your country and fellow citizens, and I don’t just mean Romney.  

    In fact, I’d do the same thing as Romney, (stash money off shore) until this nascent Socialism recedes, and business and manufacturing are inspired to do “business” in America, again!  Effectively, I suggest that taking business off-shore, while at the same time, allowing cheap labor access to the American employment market, is “economic treason.”

    Purveyor of Rhetoric

  • Anonymous

    Let me be the first to call The Cayman Islands a RINO!!

  • Anonymous

    You are stealing my mojo.

  • BooBoo Bear

    He’s starting to make Santorum look like a good choice after all.

  • Anonymous

    You should read past statements by Warren Buffet when he was younger and stood to pay more taxes vs. deciding to take compensation in capital gains vs. ordinary income. Yes, he trusts the gov’t to spend his fortune…oops, he put it in a charitable trust to avoid inheritance tax. At least he admitted it. He’s a hypocrite.
    .
    As someone who as audited off-shore accounts, these are actually set up by many US based companies to attract foreigners who aren’t interested in paying US taxes. It is perfectly legit for US citizens to invest there or hold any account outside the US as long as they disclose this on the 1040s. Tommy Christopher seems to think this will hurt Romney when in fact he has done nothing wrong as long as he discloses the accounts. When he if forced to withdraw he will pay ordinary income tax. Had he maintained the stock outside those accounts he would likely just pay capital gains taxes. He might regret that in the future since the IRS will yield higher payments from him. But as long as the opposition can blab this stuff to the uneducated;i.e. Dem voters and Dem idealogues,  then it will hurt Romney.

  • http://www.facebook.com/profile.php?id=690550741 Michael A. Leach

    Hey Tommy, you stupid left-wing water boy: Romney did nothing wrong or illegal.  

    You are a tool.

  • Anonymous

    I know, sorry, I love how Pelly Sawyer and Williams lead every show every night with all those stories I mentioned the way they would if Obama was an R. Yeah.

    But yes, his time with Bain is as fair game as Obama’s was as a community organizer and a professor… I’d love to know the amount of what we know about Romney and Bain but about Obama and his days on the streets (not racist) and as a professor (not racist) and his mentors (not racist) and why so many of his state votes were present (not racist).

    Best yet though is how Romney is blamed for things that he wasn’t even involved with while at Bain. And or how those interviewed in the movie were duped and or taken out of context.

    And lets not get into someone who would work the system. Of course I’ll be called a racist so I better not go there. But you are definitely right that Romney needs to ball up and address this stuff head on. Lord knows we can’t have a candidate who gets to either ignore or whitewash over his past. (Also not racist.)

  • Anonymous

    Wait, he’s hiding it because he’s not breaking the law. You know that stuff is private right? Like your own bank account right? I know I know, he’s running for POTUS right? And Lord knows we’d never have a candidate who would hide things from his past right like your Messiah in Chief was allowed to do. Just a peak, just a tiny peak of his college transcripts.

    I know I know, he’s smart though because Tingles and Friends say so. But yes, truly you are a thinking man’s thinker. Just don’t think about all the unanswered questions about your Messiah. You don’t want to be a racist do you BRB?

  • http://pulse.yahoo.com/_45S32GWGDRUJIL6E2U4HOZW4BM Bob

    yeah, because we didn’t hear about Wright 24/7 in 2008 (while McCain got a pass for John Hagee) and Bill Ayers 24/7 (while McCain got a pass for Gordon Liddy) at all.
    what planet were you on?

  • http://pulse.yahoo.com/_45S32GWGDRUJIL6E2U4HOZW4BM Bob

    “Kennedies” LOL

  • Anonymous

    “Nascent Socialism?”

    I’m going to give you the benefit of presuming sincerity in your belief, as opposed to parroting the phony sanctimony of most of the politicians who say the same thing.  Which means that you’re simply wrong, rather than wrong-headed.

    There is nothing – nothing – socialistic about wanting companies to compete within boundaries set by law.  Don’t waste your time with pablum about “over-regulation;” until repeal of Glass-Steagall, we had a chance to avoid economic rape of middle Americans by Wall Street, and regulation isn’t responsible for manufacturers falling in love with Chinese labor getting paid 35-50 cents an hour.  It is, in fact, the ability of a corrupt communist oligarchy to control human capital that makes it possible for “capitalist” American companies to expatriate themselves.

    When a scumbag like Mitt Romney pays taxes on millions of dollars of income at a 15% rate … because it is all capital gain, and NOT EARNED income, it is time for Americans that actually work for a living to get pissed off at welfare for the rich.  I paid income tax at a higher rate than a multi-millionaire this year … and guess what?  I was not over-taxed.  I paid in accordance with my means, in an amount rationally related to the benefits enjoyed from living in a free and generous America.

    Expecting people to contribute what is fair is not “socialism.”  It’s a bullshit argument, proselytized by men and women intent on corrupting naive citizens out of their votes.

    Wisdom is applied intelligence. You need to be wiser.  Intelligence is wasted on people incapable of critical thinking.

  • Anonymous

    Non-interventionalism is hardly isolationism.

    A joke, really…this qualifies as an outlook?

    Recycled, 20 year old material not written by him and totally disavowed.  Dredged up only because there is nothing else.

    Is that really the best you can do? Aren’t you going to talk about his lobbyist connections, foreign tax shelters, flip-flopping, philandering, warmongering, big government, and nation-building outlooks? Oh, wait…those are the other candidates!

  • Anonymous

    NOW you are joking.. his news letter, under his name, but he’s not aware of the content.. ?? really?? .. oh and now he disavows it.. how convenient.. your lies do not change the fact that he is a racist, and a bigot.. like i said a very nasty piece of work..

  • Anonymous

    Lies? dugbru? Really?  You’re argue like a third grader. Which lies?

  • http://mediamatters.org/ Leedog

    Mittens is just another Republican who cries that their taxes are too high while doing everything they can to avoid paying them in the first place!!

  • Anonymous

    “Economic rape of Middle Americans?”

    “Your unfounded condescension diminishes any semblance of credibility for you or your assertion. Effectively, you lost before you started.

    You immediately chastised me for using a phrase which you disapprove of, and then continue on, attempting to make your point, chocked full of your own (silly) phrases, vulgarity, hyperbolae, ad hominem and, most salient: “condescension.”

    To be honest, your retort to my comment, bore little or no relationship to the astute subject of my response to the Mediate article?

    “Wisdom” is not an attribute, nor exhibited by someone who expresses themself the way you do, sir!

    Now go away…

    The Purveyor of Rhetoric

  • Anonymous

    dogbro = dolt

  • Anonymous

    I dont get you guys and his college transcripts? It’s like a rebirth of the birthers

  • Anonymous

    Doin stay on your meds,  but please seek further help,  you need it..

  • Jardino

    When the Tea Party (what’s left of it) learns Mitt does not pay tax, will he become their hero?

  • Anonymous

    Guess I was wrong.  Turns out you ARE full of phony sanctimony.

    Imagine, thinking that the issue is about chastising you.

    Oh, and BTW … if you fancy yourself a rhetorician (!), you might work on your unimaginative use of language. “To be honest…”  “… you lost before you started.”

    Really? As if you are honest, or a judge of some contest we certainly are not having?

    Pretty funny, “sir.”

    (Oh, in case you have a hard time grasping the “funny” part, that’s used as a reference to irony, not laugh-out-loud humor.)

  • Anonymous

    So long LEEDOG.

    I offered wisdom, you prefer dogma.  

    “If you are under thirty and are not Liberal, you have no heart.  If you are over thirty and not Conservative, you have no brain.”

                                             Sir Winston Churchill

    Purveyor

  • Anonymous

    It’s all “legal” – so it must be OK.

    At one time, slavery, child labor and animal abuse were all legal, too.

    We know who writes all the “legal” legislation – the filthy rich.

  • Anonymous

    The only lying POS was the village idiot from Texas when he uttered he hadn’t received special consideration for his Nat.Guard stint,when it was later found that “DADDY”contacted a senator regarding the same.Just the facts ma’am-just the facts!!!!!!!!!!

  • Anonymous

    OH!! COMEON!!! YOU KNOW WHERE ALREADY.THEY CALL IT FAUX NOISE FOR DUMB FX!!!!!!!!!!

  • Anonymous

    34 percent don’t trust fixed news?

  • Anonymous

    RONZEL.. you are the lying piece of shoit,  you and Dan Rather .. keep telling that lie you’ll eventually believe  it .. ooops  you already do..

  • Anonymous

    And I think what really hurts Romney is that he has no real tax reform proposals out there … pretty much status quo!  (Hmmm, wonder why?  Could it be that he likes the tax code like it is?) 

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