Monday, July 9, 2012

Question for Romney: American bridges or Swiss banks?

This weekend Maryland Gov. Martin O’Malley called out Mitt Romney for his un-American offshore bank accounts.
“President Obama isn't running against the Almighty, he's running against the alternative. The alternative in this case is Mitt Romney, who had the 47th worst job creation rate as governor, and also has a penchant - a talent - for offshoring American jobs, sending them overseas and also maintaining offshore bank accounts in Bermuda, Swiss bank accounts,” [O’Malley] said on ABC’s “This Week.” 
“I’ve never known of a Swiss bank account to build an American bridge, a Swiss bank account to create American jobs, or Swiss bank accounts to rebuild the levies to protect the people of New Orleans. That's not an economic strategy for moving our country forward.”
A recent Vanity Fair article details Romney’s many offshore accounts, including some $30 million of Bain Capital cash stashed away in the Cayman Islands.

So the question for Romney is this: American or Swiss? We’re not asking what he wants on his deli sandwich. We’re asking who he is loyal to: American voters or the super-rich who move their money to avoid paying taxes.

As O’Malley explained,
“Mitt Romney bets against America,” O’Malley said. “He bet against America when he put his money in Swiss bank accounts and tax havens and shelters and also set up a secret company, the shell company in Bermuda, which, by the way, in order to avoid disclosure, he put in his wife's name right before he became governor of Massachusetts.”
Investing in infrastructure and jobs should be the nation’s top economic priority. But Romney’s foreign accounts reveal his expertise in depriving America of the funds needed to rebuild our roads and bridges.

-- Union Thug