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The Secretary of the Treasury: from
tax cheat to “tax scam” beneficiary

Power Line, by Paul Mirengoff

Original Article

Posted By:StormCnter, 2/10/2013 5:35:11 AM

The Washington Post reports that Jack Lew, President Obama’s nominee for Treasury Secretary, held money in an investment fund registered in the very Cayman Islands building that Obama called a notorious haven for tax abuse. The address of the fund is a building called the Ugland House. Obama singled out that building in a 2009 speech against tax haven abuse. With his characteristic subtely, the president declared, “Either this is the largest building in the world or the largest tax scam in the world.” Obama’s screeds against holding money in off-shore funds aren’t limited to this occasion, of course.

      


Post Reply  

Reply 1 - Posted by: Trigger2, 2/10/2013 5:52:39 AM     (No. 9168235)

Tax scams are only allowed for elitist or bundler demonrats; all others will be prosecuted to the fullest extent of the law.

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Reply 2 - Posted by: Spidey, 2/10/2013 6:52:34 AM     (No. 9168273)

When Obama decries these off shore accounts and tax havens he wants his followers to assume they´re rich greedy republicans skipping out on taxes but we see example after example that liberals are the tax cheats including quite a few from the Hollywood crowd.

When something like this blows up in Obama´s face,the media begins brainstorming on how to assuage the situation and make the person look suitable. In hagel´s case though,they look like they may throw him overboard because of foreign donations from shady sources.

The excuses for Lew will start piling up any time now.

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Reply 3 - Posted by: uno, 2/10/2013 7:33:27 AM     (No. 9168321)

Tax laws and Obamacare are only for the little people...

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Reply 4 - Posted by: Freeloader, 2/10/2013 7:36:53 AM     (No. 9168324)

"History repeats itself, and that´s one of the things that´s wrong with history," observed the late world renowned barrister Clarence Darrow.

Chi-Town´s Alphonse G. Capone employed the services of the brilliant Jake "Greasy Thumb" Guzik to handle the books during his reign of terror, and now The Windy City´s Emperor Zero has Timmy "Turbo Tax" Geithner, soon to be replaced by another son of Polish immigrants, like Mr. Guzik, the notorious financial wizard Mr. Lew...and the greatest civilization in recorded human history continues it´s present-day downward spiral unabated!

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Reply 5 - Posted by: whyyeseyec, 2/10/2013 12:05:53 PM     (No. 9168704)

All the DC bigwigs park their money offshore. The Clinton`s an Obama`s do for sure. Libs are always worried someone may take away their ill gotten gains.

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Reply 6 - Posted by: civilservant, 2/11/2013 10:21:15 AM     (No. 9170010)

#3, I can´t seem to find your defenses of Romney´s Cayman accounts, which are legal under current US tax laws.........

Hypocrite much?

Now hop on outa here back down into Mommy´s basement; it´s almost time for your DNC talking points online meeting.

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