The 'Rich Romney' problem - the many shades of gray paving the way to his multi-millions
Romney? No call me 'Slim Shady'
Both the incumbent president and the guy feverishly angling for his job are on bus tours across states as I type, competing for your vote. The wooing is in full swing with President Obama playing up his strengths and Romney's weaknesses and Romney attempting to do the same with Obama.
One area that Team Obama hammers on regarding the former Massachusetts governor is his multi-million dollar fortune amassed over the years and his Bain Capital stint. Romney's deflecting tactic is liberals are trying to vilify hard work and success, which is the very foundation of this country. Romney believes liberals create class warfare to detract from the real issues which are the economy, outsourced jobs and high unemployment.
Cleverly worded like that, it does make harping on Romney's wealth a cheap pandering ploy by the left, doesn't it? Until you look a little closer and listen a little more closely, that is.
Being rich is not the issue here. America needs more successful people to fuel the economy while promoting an overall higher quality of life. In fact, if we can all elevate our collective earning power, this country can then indeed flaunt itself as truly the best in the world.
The real issue is Mitt Romney wants to be president of this country, leader of the free rule while being the poster child for all that is intrinsically wrong with our system. He's a glaring example of what ran amok within our tax and societal structure.
Capitalism on steroids: You can still call me Slim Shady
Romney's finances have so many shades of gray paving the way to his multi-millions that it reads like a novel of high-finance intrigue. The dips and turns, shadows and opaque hues raises more questions than answers. From offshore accounts in the sunny Cayman Islands of the Caribbean to the chilly vaults of Swiss banks in Switzerland, many are asking why, when, where, who, what and how?
If he says he can do better than Obama, why is his money stashed abroad in a time when the economy needs every little boost it can get? When our federal coffers need all the revenue, it can possibly generate in taxes and other sources.
Romney says his business background makes him a better candidate, for he knows the 101 of "'job creation." Yet his critics accuse him of doing the opposite while at Bain Capital, which they say fleeced companies for profit, while eventually leaving many bankrupt. In fact, he was urging President Obama do to the same with the auto industry, let them file for bankruptcy. Incidentally, now that this same industry is bouncing back, Romney incredibly wants to be credited for that turnaround.
According to a scathing article in Vanity Fair, Romney's personal financial dealings takes us on a weird whirlwind tour of buried "treasure" in the balmy Caribbean, wintry Switzerland, strange IRA accounts containing over $100 million, unheard of anywhere; shifty tax loopholes and corporate shennanigans only the super-wealthy are privy to.
One former employee reportedly felt very uncomfortable at the things he was asked to do while working directly under Romney at Bain Capital in 1977, saying it "left a bad taste in his mouth."
That bad taste seems to have found its way unto the tongue of many critics, who accuse the presumptive nominee of "shady dealings." Though these complex border-line fraudulent maneuverings are common practice among the corporate rich, it makes them even less palatable hearing that a presidential candidate who says he is the answer to what ails this country is engaged in it. Which makes you wonder--is he the answer to what ails America, or is he part of what ails us to begin with?
His criticism of the Obama's healthcare reform only serves to add to his level of subterfuge, for he enacted an almost identical program in the state of Massachusetts during his stint as governor.
So where does this leave his credibility? Lucky for him, between his personal financial shadiness and his 'Etch-a-Sketch' moments, this presidential candidate is still smelling like a rose to his supporters. However, the stench wafting to the other side where his detractors stand is another matter entirely, and many are loudly crying "foul."
Read all about Romney's "shady dealings" here: Vanity Fair.
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