Obama US Commerce pick a 1% Offshore $$

[MeBelle]

I'm really surprised, this being a heavy news week and all, that this hasn't gotten through.

Obama?s Commerce Pick Got $54 Million from Bahamas Trust - Businessweek

U.S. Commerce Secretary nominee Penny Pritzker received $54 million last year from an offshore trust in the Bahamas, according to a disclosure report that describes an empire of casinos, hotels, energy companies and family trusts that may be worth more than $2 billion.

Pritzker, 54, whose family founded Hyatt Hotels Corp (H)., has assets valued in a range of $400 million to $2.2 billion, not including holdings in the hotel company, according to documents released yesterday by the U.S. Office of Government Ethics.
**************

Where is the outrage???

 

[MeBelle]

If confirmed, Pritzker will become one of the wealthiest people to serve in the U.S. Cabinet. A top fundraiser and personal friend of President Barack Obama, she is likely to be questioned about her and her family’s business operations, including the family’s use of off-shore trusts established when Pritzker was a child.

Penny Pritzker: Pritzker gets $54 million from Bahama Trust - Chicago Tribune

 

[RoadVirus]

Didn't the Left have epileptic fits over Romney having an offshore account?

Hypocrisy, thy name is Democrat.

 

[depotoo]

Pritzker took a less visible role in Obama’s re-election campaign after some say she took the slings and arrows for Obama’s positions perceived to be unfriendly toward Israel (Pritzker is Jewish) and businesses. The official explanation was that Pritzker, who served as national co-chair of Obama for America 2012 and was one of his top donation “bundlers,” was busy setting up three new companies and helping restructure the Pritzker family’s $15 billion fortune after a divisive family feud.

Though Pritzker is seen as a strong businesswoman, she is associated with a savings and loan scandal at Superior Bank. She served as chairman of the Hinsdale-based bank, half-owned by the Pritkzer family, from 1991 to 1994 and sat on the board of the bank’s holding company when Superior collapsed in early 2001 with half a billion dollars in subprime loan defaults and improper accounting that had overstated the thrift’s assets.

The Pritzkers agreed to pay the FDIC $100 million upfront and an additional $360 million over 15 years to help defray the regulator’s costs. The agreement received renewed criticism when a Pritzker-owned company got $31.5 million from the FDIC settlement with the bank’s accountant, Ernst & Young. The FDIC brought no charges against the bank’s owners, and the FDIC and uninsured depositors recovered 81 percent of their losses

.

Penny Pritzker: Tough businesswoman, wealthy heiress, philanthropist no stranger to controversy - Chicago Sun-Times
favors being paid...

 

[Obamanation]

Ah yes! The liberal double standard...

More proof that is isn't the money the sheeple herders hate --- It's political opposition!

 

[MeBelle]

MITT GETS SCHOOLED BY THE OBAMA CAMPAIGN


The American Reporter Vol. 19, No. 4,729 - May 16, 2013

 

[MeBelle]

Obama video hits Romney on offshore accounts

President Obama's re-election team continues to bash Mitt Romney over offshore bank accounts, producing a video asking random people a simple question.

"Do you have an offshore bank account?"

Naturally, the folks interviewed by the Obama campaign say no.

Posting the video on YouTube, the Obama campaign cited Associated Press and Vanity Fair stories about overseas bank accounts.

"Is he avoiding paying U.S. taxes by having money in those tax havens?" the campaign says. "Was he trying to hedge against the dollar by having a Swiss bank account?"

 

[MeBelle]

"Mitt Romney's Offshore Accounts Tracked In Obama Campaign's Infographic"

President Barack Obama's re-election campaign launched a new webpage designed to answer that question and attack the presumptive GOP nominee for putting his wealth in offshore accounts. "Mitt Romney has invested his money around the world, from the Cayman Islands to Ireland to Australia," the website reads. "We don’t know if he’s using these accounts to avoid paying his fair share in taxes, but we do know that in 2010, Romney’s tax rate was a startlingly low 13.9%."

The Associated Press reported in January that Romney has up to $32 million in accounts overseas.




Mitt Romney's Offshore Accounts Tracked In Obama Campaign's Infographic

 

[MeBelle]

WASHINGTON -- Republican presidential candidate Mitt Romney owns investments worth between $7 million and $32 million in offshore-based holdings, which are often used legitimately by private equity firms to attract foreign investors. Such offshore accounts also can enable wealthy investors to defer paying U.S. taxes on some assets, according to tax experts.


Mitt Romney's Offshore Accounts Contain Up To $32 Million

 

[MeBelle]

Move along folks....nothing to see here!

 

[Dont Taz Me Bro]

When Democrats are rich it's okay. It's only bad when anyone else is wealthy.

 

[dilloduck]

When Democrats are rich it's okay. It's only bad when anyone else is wealthy.

Rich democrats ?? ----there ARE no rich democrats.

 

[MeBelle]

When Democrats are rich it's okay. It's only bad when anyone else is wealthy.

Rich democrats ?? ----there ARE no rich democrats.

lair!

 

[Mad Scientist]

Didn't the Left have epileptic fits over Romney having an offshore account?

Hypocrisy, thy name is Democrat.

Romney AND Obama have Cayman Island accounts.

 

[editec]

I'm really surprised, this being a heavy news week and all, that this hasn't gotten through.

Obama?s Commerce Pick Got $54 Million from Bahamas Trust - Businessweek

U.S. Commerce Secretary nominee Penny Pritzker received $54 million last year from an offshore trust in the Bahamas, according to a disclosure report that describes an empire of casinos, hotels, energy companies and family trusts that may be worth more than $2 billion.

Pritzker, 54, whose family founded Hyatt Hotels Corp (H)., has assets valued in a range of $400 million to $2.2 billion, not including holdings in the hotel company, according to documents released yesterday by the U.S. Office of Government Ethics.
**************

Where is the outrage???

“Now, after calling his opponents tax avoiders, the president is appointing a friend who did the same thing to a cabinet post.”

I'm outraged.

Plenty of the people you would probably think of as liberals are.

And there's the rub, lad.

The people you think of liberals ARE NOT liberals...they're Democratic INSIDERS.

 

[MeBelle]

“Now, after calling his opponents tax avoiders, the president is appointing a friend who did the same thing to a cabinet post.”

I'm outraged.

Plenty of the people you would probably think of as liberals are.

And there's the rub, lad.

The people you think of liberals ARE NOT liberals...they're Democratic INSIDERS.

I don't care if they are liberals , insiders, commies or neo-cons!

Where is the outrage regarding the hypocrisy?