Romney's swiss bank account

[RedPhoenix]

"So I started asking people: 'Why do you have Swiss bank account?' One, you believe the Swiss Franc is a stronger currency than the United States dollar. And that is apparently the decision the Romney family made during the Bush presidency. And secondly, you want to conceal something. You want to hide something. Why would you have a Swiss bank account instead of one in the United States? I would like to ... ask the press to really press some of these questions, the obvious questions. When is the last time a presidential candidate for the United States had a Swiss bank account? I think the answer is never."

http://www.huffingtonpost.com/2012/0...n_1413130.html

[Nishioka]

"So I started asking people: 'Why do you have Swiss bank account?' One, you believe the Swiss Franc is a stronger currency than the United States dollar. And that is apparently the decision the Romney family made during the Bush presidency. And secondly, you want to conceal something. You want to hide something. Why would you have a Swiss bank account instead of one in the United States? I would like to ... ask the press to really press some of these questions, the obvious questions. When is the last time a presidential candidate for the United States had a Swiss bank account? I think the answer is never."

http://www.huffingtonpost.com/2012/0...n_1413130.html

Plans to put a car elevator in his home.

[Pops]

doesnt trust the banks here?

[BuffSurveyor]

I thought there was no gold in Fort Knox. Guess there might be some in a few months or so.

[ChitownHusker]

It could be as simple as diversification. When you get to Romney's net worth, there's a limit to how many financial institutions you can use to get FDIC insurance. Having money in different banks around the world is a good strategy. I completely disagree with the inference that opening a Swiss bank account means you must have something to hide.

[RedPhoenix]

It could be as simple as diversification. When you get to Romney's net worth, there's a limit to how many financial institutions you can use to get FDIC insurance. Having money in different banks around the world is a good strategy. I completely disagree with the inference that opening a Swiss bank account means you must have something to hide.

I actually agree with this. I don't see it as a real problem.

[Sonuvahusker]

I actually agree with this.

Of course you do.

[Husker Mort]

It could be as simple as diversification. When you get to Romney's net worth, there's a limit to how many financial institutions you can use to get FDIC insurance. Having money in different banks around the world is a good strategy. I completely disagree with the inference that opening a Swiss bank account means you must have something to hide.

The primary benefit of Swiss accounts is the anonymity. And many do it to avoid having to declare those assets. While I agree that this is not a huge issue, let's not just gloss over the motives.

[McKinneyTXHusker]

The primary benefit of Swiss accounts is the anonymity. And many do it to avoid having to declare those assets. While I agree that this is not a huge issue, let's not just gloss over the motives.

So tell us, Morty, do you KNOW his motives? And if so, please elaborate on how you know those motives.

[FLA4NEB]

So tell us, Morty, do you KNOW his motives? And if so, please elaborate on how you know those motives.

What we have here is guilt by assumption.

[RedPhoenix]

What we have here is guilt by assumption.

Something Pubs are experts at.

[bilsker]

It could be as simple as diversification. When you get to Romney's net worth, there's a limit to how many financial institutions you can use to get FDIC insurance. Having money in different banks around the world is a good strategy. I completely disagree with the inference that opening a Swiss bank account means you must have something to hide.

But it's sure convenient when playing the class warfare game...MUST HATE ROMNEY CUZ HE'S RICH!

[nems]

But it's sure convenient when playing the class warfare game...MUST HATE ROMNEY CUZ HE'S RICH!

Envy is a powerful emotion.

[huskerator 5000]

Romney had a $3 million Swiss account that he's now closed. His net worth is about $250 million, so I don't really see what the big deal is. As a fraction of my net worth, I probably also hold that amount in Swiss assets...Swiss cheese assets that is.

[Nishioka]

Romney had a $3 million Swiss account that he's now closed. His net worth is about $250 million, so I don't really see what the big deal is. As a fraction of my net worth, I probably also hold that amount in Swiss assets...Swiss cheese assets that is.

Mmmm, cheese.

[RussianRed]

I have no problem with diversification either. Seems rather a smart idea. Wish I could do it. Now if we start seeing off shore accounts, like in the Cayman Islands or somewhere like that. I would really take notice.
Doesn't really matter in the election thou, The man thats in the White House right now will win it again. No one truly capable to beat the president that I can see.

[RedPhoenix]

I have no problem with diversification either. Seems rather a smart idea. Wish I could do it. Now if we start seeing off shore accounts, like in the Cayman Islands or somewhere like that. I would really take notice.
Doesn't really matter in the election thou, The man thats in the White House right now will win it again. No one truly capable to beat the president that I can see.

Just a quick tip: Switzerland is WAY off shore.

[RussianRed]

Just a quick tip: Switzerland is WAY off shore.

You Know what I mean messiah! Oh You know!!!

[FLA4NEB]

I have money in a swiss bank account...big deal.

[ChitownHusker]

I have money in a swiss bank account...big deal.

What are you hiding Fla?!?