Posted by Pat Cunningham on Oct 2, 2012 in Uncategorized | 9 comments
This ad was launched yesterday and is running in the swing states of New Hampshire, Virginia, Florida, Ohio, Iowa, Nevada and Colorado.
Independent fact-checkers have, however, noted that there is no evidence Romney had an active role in sending any American jobs to China or in approving the specific investment in Global Tech.
“This is another ‘overboard’ ad from a president who is trying to distract from his failure to stand up to China,” Romney spokeswoman Amanda Henneberg told ABC News.
“Four years ago, then candidate Barack Obama promised to take China to the mat, but refused to label China a currency manipulator because he didn’t want them to be embarrassed,” she said. “President Obama’s failure to stand up to China has cost our country jobs and is one more reason that we can’t have four more years like the last four years. Mitt Romney will stand up to China, label them a currency manipulator, protect our intellectual property, and ensure that more jobs stay in America.”
How’s Willard going to stand up to China since they hold much of his cash? Rob a Walmart?
Steverino – I still don’t understand what this liberal infatuation is with what Romney does with his personal cash. Its our cash that concerns me, meaning the cash of the United States. And more of our cash has gone to China because of debt borrowing than any President in history.
Nef – It’s how he made his “personal cash” then shoots his big mouth off how he’ll be the guardian for America’s commerce and industry.
Rmoney’s “personal cash” and what he does with it perfectly refutes his bogus tax policy, and once shows what a lying hypocrite he is. He puts his money in foreign banks to avoid paying taxes, and these foreign banks invest his deposits in foreign economies.
If he were an honest man and a patriot he would use his money – by depositing it here – to grow the American economy by letting OUR banks invest it, and add American jobs! Especially if he wants to lead this economy.
Rmoney only believes in “American Exceptionalism” when making speeches. His money speaks louder: Cayman Islands Exceptionalism for him.
That said, why would a sane person believe in his plan to give more money back to the wealthy (job creators! ha!). Mitt has already shown us what happens when the rich get more money. It goes offshore.
correction, “…and once AGAIN shows…”
Did Romney break the law or did he pay his taxes as required under the law?
I have a small, but noteworthy percentage of my retirement fund (about 15%) in international stocks. I do this to diversify my portfolio. But according to Luke Frederickson, such actions make you unpatriotic and dishonest.
Investing your retirement money in international stocks is not the same as keeping your 200+ million dollar checking account in the Cayman Islands as a tax shelter. Geography is immaterial for the stocks in your 401K. You will still pay taxes when you cash it in.
Moreover, you are not the standard bearer for a political party who wants to give tax breaks to rich people under the premise of the tycoons re-investing that money back into our economy. Since Rmoney doesn’t do that himself, he is a blatant hypocrite. And no patriot.
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