Tuesday, July 10, 2012

Dem Chair Wasserman Schultz Outsourced Money to Swiss Banks, India

Democratic National Committee chair Debbie Wasserman Schultz has been running around for a few days now sliming up the airwaves with smears and innuendo that started with this article written by Vanity Fair's Nicholas Shaxson, a bigtime leftist and Occupy supporter. Essentially, the Wasserman Schultz talking point has been: "We don't know what Romney's hiding in his shady finances so we need to find out."
Really, Debbie? Well, we don’t know if you tortured small animals on-camera, and until you release all of your home movies we won’t know.
Obviously, in her desire to help our frantic and increasingly erratic President save his sorry self,  Wasserman Schultz forgot her own record when it comes to offshoring money with the Swiss:
[D]isclosure forms reveal that in 2010, Wasserman Schultz invested between $1,001-$15,000 in a 401k retirement fund run by Davis Financial Fund. As the fund discloses, it is invested in the Julius Baer Group Ltd. and the State Bank of India GDR Ltd., as well as other financial, insurance, bank institutions.
"The Julius Baer Group is the leading Swiss private banking group, focusing exclusively on the demands of sophisticated private clients, family offices and external asset managers from around the world," its website explains. "Bank Julius Baer is the principal operating company of the Julius Baer Group, with origins dating back to 1890. The rich Swiss heritage becomes manifest in the values for which the Bank stands, e.g. trustworthiness, accountability, discretion and expertise. However, at the same time Julius Baer is a modern, forward-looking company at the leading edge of a genuine growth industry."  

No comments: