| Chair Wasserman Schultz Outsourced Money to Swiss Banks, India |
Tuesday, 10 July 2012 (18 hours ago)
 Please
excuse the loose use of the term "outsource" in my headline. But now
that the Washington Post, BuzzFeed Politics, and Barack Obama have
defined outsourcing as "Something Romney never did but is guilty of
anyway," I wanted to get in the spirit of things.
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."
Similarly, according to disclosure forms from 2004, Wasserman Schultz
had holdings in the Fidelity Advisor Overseas Fund. That fund is
invested in HSBC bank (a British financial institution), Hengdeli
Holdings (a Hong Kong
watch company), Novo Nordisk (a Danish drug company), Volkswagen (a
German auto company), Rakuten (a Japanese shipping business), Richemont
Cie Financiere (a Swiss luxury goods company), and many others.
Wasserman Schultz also obviously forgot about New Media. After decades
of Democrats counting on the mainstream media to cover up and downplay
inconvenient facts such as these, you can understand how that might
happen.
I don’t know about you, but I can’t wait for Wasserman Schultz's next
appearance on Fox News. After all, we know no one at CNN, ABC, NBC, CBS,
Politico, or the Washington Post will ever talk about this. Obama's
failing, and the only thing that can save him is The Narrative. -- and
this kills The Narrative.
By the way, is Barack Obama still snorting cocaine? We won't know until he agrees to a blood test, will we?
Follow John Nolte on Twitter @NolteNC
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Full news story
How many more posts about her today?