Demolishing The “Romney Swiss Bank Account” Canard

Posted by in Blog on July 6, 2012 3:40 pm / 9 comments

In anticipation of another horrendous jobs report from the BLS, Team Obama decided to make an issue out of Mitt Romney’s Swiss bank account. Because, as we all know, everything would be hunky-dory if it weren’t for Romney legally doing everything he could to reduce his tax burden. You know, like Warren Buffett does, but different somehow.

While the idiot Left is out there asking “What’s Mitt hiding?” – when the bank account was listed in Mitt’s… wait for it… 2010 TAX returns – they’re also delving into hysterics about the money not being used to invest in the United States. Pure stupidity.

First, the money in the account was probably money Romney set aside AFTER he had already paid either income or capital gains taxes at some point. So the money’s existence is due to Romney’s investment. His “sin” was hedging against Obama’s leadership of the economy. In other words, Mitt Romney isn’t stupid.

Second, the idiots running around palms up screaming “Mitt’s not investing in the US!!’ are ignoring that the vast majority of his investments – the Swiss bank account had $3 million in it – are inside the US. Romney is reported to have made $21 Million in 2010. As we know, most of that is capital gains. So if you see a Leftist spouting off about Romney not investing in the United States, have them break out a calculator and figure out how much money you need to have invested in the United States to get a roughly $20 Million return on investment. (Hint: It’s way way way more than the $3 Million in a now-closed Swiss bank account.)

We’re sitting at 41 straight months of unemployment over 8% – when the Obama admin said it would be below 6% by now, if the stimulus passed, which it did – and the Obama administration is trying to distract the populace with class warfare that doesn’t even make sense if you do the math. Romney IS investing in America with HIS OWN money. Obama is bankrupting us using OUR money.

This unseriousness has to stop.

 
 

9 Comments

  1. NotClauswitz says:
    July 6, 2012 at 4:11 pm

    I’m not worried about Romney’s Swiss account, we KNOW about that one – it’s all of Obama’s foreign credit-card donations that bother me, and his UNknown Cayman Island Accounts. How much does he have stashed in those? Where is all the TARP money? :-)

  2. Smokey Behr says:
    July 6, 2012 at 10:38 pm

    Axholerod is running around claiming that Romney is the most secretive candidate since Nixon. Where’s Obama’s grades, passport information, real birth certificate, real social security info, etc.?

  3. noromney says:
    July 8, 2012 at 12:33 pm

    actually his swiss acount is full from the money he made from the factory he started and fired everybody so he can make money. everybody wants to complaign about obama bring up the TRUTH about romneys past. people need to know all there is to know about a presidential candidate, dont they? whats wrong with knowing the truth? romney got somethin to hide????????

  4. Michael says:
    July 8, 2012 at 6:20 pm

    Romney’s hiding money in the Caymans and in Swiss banks accounts to evade taxes should destroy his attempt at the Presidency. He is clearly unfit for office. Your candidate is a tool for the corporate elite. Suck it tea-tards.

  5. RB says:
    July 9, 2012 at 9:49 am

    Hi Michael, do you think it’s not obvious you’re an OFA lemming who was sent out to comment on blogs? Because if you think it isn’t obvious, you need to up your meds.

  6. KP says:
    July 9, 2012 at 10:52 am

    Dear noromney,

    Obama ate a dog. Did you know that 4 years ago or did you just learn about it in the past 6 months?

    Also, what factory did Romney start up only to fire everyone?

  7. noromney says:
    July 13, 2012 at 12:52 pm

    whats wrong with eating dog, you eat pig? in some countrys dog is a delicacy. you must be one of those people who discrimanate and think your a member of the taliban because of your name. what did bush eat, rat?

  8. KP says:
    July 13, 2012 at 4:12 pm

    1) You miss the point. 2) Welcome to America. Dog isn’t a delicacy here. 3) I don’t care WHAT a person’s last name is. Show up at my door/airport/other venue with an RPG and a turban and I’ll make my own assumptions.

  9. noromney says:
    August 1, 2012 at 7:24 pm

    like i said, whats wrong with eating dog? your right, welcome to america, land built on terroism, bigotry, prejudice, hatred. how can we tell a few mexicans they caint come to america, when we came over, wiped out the indian race because they were savages! and your forgeting, the unibomber didnt wear a turban, just a plain old hoody. so acording to your way of think, should i shoot everybody that wears a hoody? you eat beef right? go to india and try to kill a coww, see what happens

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