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So Romney is 'accused' of keeping money in offshore accounts to delay or evade paying US taxes for himself or the offshore companies he represented. He did. He mad massive profits for himself and the companies he represented. He's a qualified EXPERT at it. He beat the system within the rules laid out.
pretty much anyone who holds a shares of a small company to large US company be it tech or F500 industry has 'ownership' in cash accounts held overseas to run overseas operations. They are hardly to keep "profits" overseas.. frankly had Ford, IBM, or any other US company "move" those profits to US entity would be near bankruptcy ... falling prey to the competitors...
and of course if you hold a foreign company stock ADR, you also have direct ownership in foreign cash accounts.
Its simply remarkable how the media and crony journalism twists the facts...
I wonder how many lefty crony Communists in Italy are trying to get FIAT on their overseas profits on Chrysler ownership.. its just laughable!
MisdemeanorRebel
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2012 Jul 19, 1:24am
Great. He's good at it. Now lets let him do it to China, since they've been screwing the USA over with their trade imbalances and currency manipulation.
Can't do that. Foreigners can't buy majorities in Chinese Corporations. China generally permits only joint ventures.
Can't do that. Foreigners can't buy majorities in Chinese Corporations. China generally permits only joint ventures.
That's right, Romney was successful in this country due his ability to create and or use a business model based on the laws and basic structures of the USA economy. The business of business is to make money, job creation/destruction is a side affect not a goal. I will grant you it was a complex business and Romney is/was a sharp, competent biz guy, that as I listen to him speak is what he is "grounded" in, where he feels comfortable. If that's is what you want for President he is your man among the two choices.
xrpb11a
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2012 Jul 19, 2:06am
As president he would not be in the position to do what he did at Bain.
I am referring to his "killer instinct" as a businessman.
Put that skillset to work for the USA.
Great. He's good at it. Now lets let him do it to China, since they've been screwing the USA over with their trade imbalances and currency manipulation.
Can't do that. Foreigners can't buy majorities in Chinese Corporations. China generally permits only joint ventures.
Homo Economicus. A Legendary Creature, like Bigfoot, claimed to exist by Pseudoscientists.
Comments 1 - 4 of 20 Next » Last » Search these comments
So Romney is 'accused' of shipping jobs overseas. He did. He made massive profits for himself and the companies he represented..He's a qualified EXPERT at it. He beat the system within the rules laid out.
So Romney is 'accused' of keeping money in offshore accounts to delay or evade paying US taxes for himself or the offshore companies he represented. He did. He mad massive profits for himself and the companies he represented. He's a qualified EXPERT at it. He beat the system within the rules laid out.
Most pundits say Romney is not qualified to run the country due to the above....
I say it is precisely why he IS qualified to run the country on the world stage. He has a proven track record of beating whatever system he is put into, within the rules of the system. He is our Expert Card Shark. Put him in the big cahuna's chair, negotiating all these trade agreements with China, et al.
When it was his responsibility to ship the jobs out, he was successful, and found a way...
Now, put him in a job where it is his responsibility to get them back.
Whoever he has worked for has flourished....Lets make him now work for the USA.