General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWould you ever vote for anyone that had most of their wealth in foreign accounts?
Personally, I would not.
How can that be good for America?
I would hesitate to vote for anyone with ANY investment in foreign countries, including properties in places like Costa Rica and Dominican Republic.
This is a big issue for me. I simply cannot believe someone would have the balls to run for President of the United States and have so much wealth spread around in other countries other than the one he wants to lead. What if there is a dispute between the two countries? Who's side do you take? The Bible says: Matthew 6:21 For where your treasure is, there your heart will be also.
MountainMazza
(312 posts)lonestarnot
(77,097 posts)uponit7771
(90,344 posts)...a big red flag that they are welfare kings
porphyrian
(18,530 posts)GulleyJimson
(107 posts)So says Ecclesiastes 10: 16- 20
Woe to you, O land whose king was a servant and whose princes feast in the morning. Blessed are you, O land whose king is of noble birth and whose princes eat at a proper time-- for strength and not for drunkenness. If a man is lazy, the rafters sag; if his hands are idle, the house leaks. A feast is made for laughter, and wine makes life merry, but money is the answer for everything. Do not revile the king even in your thoughts, or curse the rich in your bedroom, because a bird of the air may carry your words, and a bird on the wing may report what you say.
sulphurdunn
(6,891 posts)what one would expect a king to say. In this case, Solomon, or one of his PR ghost scribes who wrote it nearly a millennium before there were any Christians.
rebuke
(56 posts)"When one person suffers from a delusion it is called insanity; when many people suffer from a delusion it is called religion."
- Robert Pirsig (1948-)
former-republican
(2,163 posts)kentuck
(111,098 posts)They should not be in Congress, imo. It doesn't matter if they are Democrat or Republican.
former-republican
(2,163 posts)I wish I could find an article where it showed how much members of congress net worth increased after spending a few years in office.
I can't remember the article.
If you're not a millionaire when you go in , you become one while sitting in office.
Hubert Flottz
(37,726 posts)Four in the Pen. He was seldom, if ever, wrong, about politics.
former-republican
(2,163 posts)kentuck
(111,098 posts)Although I might have doubts about Feinstein and a couple of others? It's not about being wealthy per se. It's about taking your wealth and putting it overseas to escape paying taxes to your own country.
former-republican
(2,163 posts)they don't handle it them selves.
If we were to dig deep , they all have tax shelters set up.
mgardener
(1,816 posts)It matters that you are Responsibility and pay taxes on the money you make.
It matters if you expect Others to pay taxes, yet you don't.
It matters if you put your money where your mouth is. In the US.
It matters if you are running for POTUS and we are in a dire financial crisis.
It matters where you put your money.
SHRED
(28,136 posts)chuckstevens
(1,201 posts)If you want to REALLY piss-off a conservative and leave them literally babbling, ask them one question: Imagine if candidate Barrack Obama had millions in Switzerland and Caribbean Islands and refused to release 10 years of his tax returns? How would Fox "News" have covered that story?
cling2reality
(56 posts)then use "Believe in America" as your campaign slogan when you obviously do not.
That is some real dishonest disconnect. Almost a blatant in your face about it to the voters.
Douglas Carpenter
(20,226 posts)and to what extent they are morally questionable. I assume most people and especially highly ambitious politicians are morally questionable - so that is purely a question of a matter of degrees. Whether they have foreign bank accounts or engage in kinky s and m sex does not personally concern me. But if the candidate is someone I definitely do not want elected - I have no problems using that against them if it can help defeat them and elect someone I would prefer..
Historic NY
(37,449 posts)tarheelsunc
(2,117 posts)There's no way his massive overseas investments shows he believes in America at all, in fact, that shows that he doesn't believe in it.
Flashmann
(2,140 posts)No....HELL no!..
ffr
(22,670 posts)What are you hiding?
bocaoma
(23 posts)got to be religion...............
plethoro
(594 posts)dddddd
KansDem
(28,498 posts)Jenna Bush was sent on a "family mission" the first week of October '06 to seal the deal, accompanied by 10 security guards. She met the President of Paraguay and the U.S. Ambassador and "officially" traveled with UNICEF to see a few of their projects, a "strictly private" tour.
Apparently, Bush Sr. owns roughly 173,000 acres in the same area, although there are no confirmed reports. But, here is the strange part: none other than the Reverend Sun Myung Moon was the first to buy a huge chunk in 2000, in that very area. The Moonies have big plans: they want to develop ports, universities, an eco-tourism resort (will his an Bush's intersect?), and reinvigorate the timber trade to Asia. They are in Argentina already, but it seems they are branching out. And it seems like the Bushes followed him.
http://www.dailykos.com/story/2007/04/28/328588/-Resurrecting-the-Bush-Huge-Land-Acquisition-in-Paraguay-Story
I wondered about the wisdom of having a sitting president own so much land on another continent. I remember a writer at the time referring to the Bush family as wanting to be the "Saudis of water." But on a more immediate level, how would such an arrangement affect the president's foreign policy decisions regarding that part of the world?
"Conflict of interests," anyone?
DhhD
(4,695 posts)oswaldactedalone
(3,491 posts)That's exclusionary right there. No economic patriotism at all.
ywcachieve
(365 posts)It is a insult to our country for a politician to have his money in offshore accounts.
21 December 2012
(45 posts)send their Corp.'s jobs, overseas.
VPStoltz
(1,295 posts)I think the term "economic patriotism" is apt.
The country has been SO "f"ing good to people like Mittons and what does he and the Koch's and Andelson and Limbaugh and Welch, etc. do? Tear down the system and accuse the President for their perceived/invented problems.
21 December 2012
(45 posts)If so, then
60-million voters sided with such idiocy, in '04....And 57-million did, in '08 election
kentuck
(111,098 posts)That makes a difference, don't you think?
21 December 2012
(45 posts)Actually support a President with the mindset of "yey, it's okay to rape our Capitalistic Democracy by allowing the wealthy to have overseas acct's for avoiding taxes, including on their Corp.'s when they send jobs overseas" ...as those voters are the reason America has a broken Right Wing/will never soar like an Eagle.
geckosfeet
(9,644 posts)vilified tax cheats and loopholes.
It's one thing to run on a platform of invest overseas, shelter your wealth and don't pay taxes if that's what you do. But to lie and fraudulently run on principles that you do the exact opposite of is... psychotic.
Zoeisright
(8,339 posts)And that describes Rmoney.
Betsy Ross
(3,147 posts)Would make a great billboard along with your questions about WMR.
Rosa Luxemburg
(28,627 posts)Tuesday Afternoon
(56,912 posts)HooptieWagon
(17,064 posts)I would not use the holding of offshore accounts as a disqualifying line in the sand, but as one aspect of a broader picture.
lonestarnot
(77,097 posts)HooptieWagon
(17,064 posts)Would you have voted against JFK if he held offshore accounts?
Myself, I would look at what kind of track record they had, what their vision for America's future was, how much of their wealth was in overseas investments, and what those investments were in. I would not use, as an example, a fraction of a candidates wealth invested in Mercedes or Toyota (both of whom have US factories employing US workers) as a disqualifying action. A large investment in South African gold mines, Nigerian oil wells, or Asian sweat-shops I probably would.
Egalitarian Thug
(12,448 posts)raouldukelives
(5,178 posts)PatSeg
(47,468 posts)He is so clueless that he doesn't see what is wrong with that and that bothers me just as much. He has been running or planning on running for president for well over a decade, probably longer, and he never thought it would be appropriate to "clean house" and bring his money back to the U.S.
For a man who is supposedly so smart, surely he knew his tax returns would become an issue, but he seems to think he is above all that.
The more I learn about the man, it becomes hard to believe he is real. If he were a movie character, no one would believe he could be this close to the Oval Office.
David Zephyr
(22,785 posts)!
flyguyjake
(492 posts)has be on video a few times saying that he & Romney will close the very loopholes that Romney uses to stash his cash in tax havens. Now Romney says, "That aint happening!"
We desperately need to pass a law that prohibits tax havens.
RB TexLa
(17,003 posts)are diseased and need help.