Is Romney’s Sankaty High Yield Asset Investors Ltd. Based in Bermuda, used to pass non-taxed money that was gained from vultured US companies for foreign investment?

by bob Posted 2012/07/11 16:51:10

Related Topics: Pension, Funds, Pension plans, Romney, Campaign, Declined, Offshore, Hedge funds, Jealous, Foreign, Companies, US, Questions, Interest

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51 votes
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	Sankaty High Yield Asset Investors Ltd. Based in Bermuda, shows the true lack of ethics of Romney	15 votes	29%
	Romney’s blind trust is not so blind	8 votes	16%
	The mystery surrounding Sankaty reinforces Romney's history of dishonesty	6 votes	12%
	Romney's campaign declined to answer detailed questions from AP about Sankaty because he has something to hide	3 votes	6%
	The use of offshore companies such as Sankaty are typically set up as shell corporations by private equity and hedge funds to route investments from large foreign and institutional investors, such as large pension plans, into corporate takeovers	1 vote	2%
	Sankaty is used by Romney to defer some taxes on some of the "carried interest" income related to the Bain deals.	1 vote	2%
	Oh don’t be so jealous of Romney’s Wealth	3 votes	6%
	Undecided	2 votes	4%
	All of the above	2 votes	4%
	None of the above	10 votes	20%

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Redneck Gal 2012/07/11 17:25:45

The mystery surrounding Sankaty reinforces Romney's history of dishonesty

+4
With Romney it's all about the money!! Anyone who does not recognize that is a fool!
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More polls by bob

P. Sturm 2012/09/13 23:47:37

All of the above

If there's nothing to hide, make full financial disclosures.

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Jrogers 2012/07/20 04:02:19

Romney's campaign declined to answer detailed questions from AP about Sankaty...

+1
Sankaty - what a name - sounds almost like Skankity - bet its worth millions

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Hopscotch 2012/07/14 01:30:42

Sankaty High Yield Asset Investors Ltd. Based in Bermuda, shows the true lack...

+2
Romney makes "Tricky Dicky" look like an amateur.

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Don Leuty 2012/07/13 17:29:09

Undecided

+1
Romney/Sankaty; 0bama/Soros. Both have a lot in common with a dogs hind leg.

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ajracestables1 2012/07/13 17:26:07

None of the above

+1
How many people that are pointing the finger at Romney have account overseas? It's all about the pot calling the kettle black and I am tired of hearing about it.

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Jrogers to ajraces... 2012/07/20 04:04:28

I dont have an account overseas - and I am definitely pointing my finger at him - why should he not pay taxes on his money like everyone else? Do you really think that's right? Do you really have so much money lying around that you can excuse something like that?

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ajraces... to Jrogers 2012/07/20 15:57:30

I worry about what I am doing, not others and I am glad that I don't have to pay the amount of money to the government that the rich people do. They pay millions of dollars in taxes. I think it is wrong to take from them and give it to some self entitled loser who wont help themselves.

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Captain-Morgan 2012/07/12 20:30:26

None of the above

+2
How many Congress have oversea accounts? Democrats point the finger at him.. Yet, they themself's have Swiss and off shore accounts...

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bob to Captain... 2012/07/13 20:08:32

+1
yawn

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A.Oscar 2012/07/12 15:37:35

Sankaty High Yield Asset Investors Ltd. Based in Bermuda, shows the true lack...

+1
Romney not any Angel; even so he love Evangelism to make the bucks, therefore money for him will be like monkey for bananas, his best friend always himself and the money. Either he or Obama will take all of us to the Inferno. Just wait for the results, A President should be qualified; not just a lawyer could do, less still a Pastor?

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ehrhornp 2012/07/12 15:33:57

The mystery surrounding Sankaty reinforces Romney's history of dishonesty

+2
If people really knew the details behind Mitt's wealth, they would no way in Hell vote for this socialist for the rich. Shame so many are suckered in by the republicans. Guess they have to experience another economic crash.

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Gene_In_Kabul 2012/07/12 05:52:19

None of the above

+2
You have aptly proved that the liberal agenda holds neither truth nor water.

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Irish little 2012/07/12 03:18:48

None of the above

+2
When in ROME do as the romans do . What the hell, All the jokers in congress do it !!!!!!!!

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DuncanONeil 2012/07/12 01:22:16

None of the above

+1
The answer is "No!"

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RJeffreySavlov 2012/07/12 00:42:27

None of the above

+1
Up to your old tricks again Bob? How much is the idiot in the white house paying you this time.

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mac9 2012/07/11 20:57:37

None of the above

+1
Bob...concentrate on Obama bankrupting our country.

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bob to mac9 2012/07/12 14:58:24

+1
you mean bush fool

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Captain... to bob 2012/07/12 20:33:41

Your the blind fool Bob..

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Jean 2012/07/11 20:30:33

Oh don’t be so jealous of Romney’s Wealth

+1
I'm amazed at the ignorance here - if foreign investments issue dividends, pay interest or provide any capital gains and any of that money comes back into the US, then taxes are paid on it. Apparently, Mr. Romney has enough mailbox money available to have a good life and can allow his foreign properties to increase. The increase isn't taxed. The same effect could be achieved by any blue-collar worker if they put money into a Roth IRA instead of into lottery tickets.

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pops 2012/07/11 20:29:18

None of the above

+1
This survey only shows how big of a troll that Bob is.

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alun.palmer 2012/07/11 20:01:53

The mystery surrounding Sankaty reinforces Romney's history of dishonesty

+1
But what is really going on with it, who knows?

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Beverly 2012/07/11 19:04:02

Oh don’t be so jealous of Romney’s Wealth

+2
liberals are turning green with envy because a man has provern what hard work and the use of a good brain can do.

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mind-pilot 2012/07/11 18:56:21

The mystery surrounding Sankaty reinforces Romney's history of dishonesty

+2
Please tell us more. I just, in my gut, can't trust this guy. He's too sneaky. He's backed by the superpacks, it's God saying he's unworthy. Tell us more. Please.

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morris44 2012/07/11 18:35:24

The use of offshore companies such as Sankaty are typically set up as shell c...

+3
And corporations do this all the time. Funnel money to offshore tax havens, call this funneling "an expense" to reduce taxable income.

It is stealing from other citizens by not paying their fair share.

No different than the jerks in my area who buy 5 acres of land, plant a "crop" on 1 acre (which they throw away) and qualify for 'farm' tax rates which essentially are zero where I live.

So these guys who have 2 million dollar homes pay zero real estate taxes and still use the school systems etc.

Those that think that poor people steal because they have 5 kids going to school etc. have no idea how much more is stolen by the wealthy due to scale.

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Redneck Gal 2012/07/11 17:25:45

The mystery surrounding Sankaty reinforces Romney's history of dishonesty

+4
With Romney it's all about the money!! Anyone who does not recognize that is a fool!

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bob h. 2012/07/11 17:19:30

Undecided

+4
He dodged the draft, dodged taxes, dodged his own Book of Mormon for the Bible, dodged the Dems for the GOP. I pretty much got him figured. The rest is details.

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frank 2012/07/11 16:56:47

None of the above

+1
With US banks failing I think he is smart not to have his money put at risk.

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bob h. to frank 2012/07/11 17:14:42

+3
And I wonder why they're failing.

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morris44 to frank 2012/07/11 18:36:14

+2
Why not invest in an American company?

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frank to morris44 2012/07/11 19:10:39

I said banks not companies.

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morris44 to frank 2012/07/11 19:20:43

+1
I know. I was suggesting Romney put his money in some companies and not in U.S. banks.

Presumably that would be safer and it helps the economy.

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frank to morris44 2012/07/11 19:29:17

+1
With that I agree, only it will not happen until restricting regulations are lifted. We need less government not more.

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morris44 to frank 2012/07/11 19:40:18

+2
What regulations are you referring to?

What regulation is stopping him from investing here? Captial gains tax?

People are fooled into thinking our rates are higher than the rest of the world. This happens because they ignore the effective tax rate and concentrating solely on the statutory tax rate, which is often manipulated to make it appear that rates are much higher than they really are.

http://economix.blogs.nytimes...

He just doesn't want to pay any taxes at all.

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gynger.... to frank 2012/07/12 01:47:26

+6
Less regulation doesn't make and honest man more honest. If you game the system the way it is now, it will be a free for all without some type of over sight. And lets not forget regulations aren't hatched, they come from someone tryingelse to game the systems. Those who want less oversight should convince the gamers to follow the rules and you wouldn't have to worry about being policed to death.

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ruthann... to morris44 2012/07/15 06:00:08

People aren't going to invest in American companies until they can restore their faith in America, period. Business, as a general rule, doesn't trust America. Too many bogus efforts to lull them back into the U.S. and then, wham! they get hit with financial nightmares left and right. Until business can be assured that they have a guaranteed period of time where the promised perks will remain in effect, they are not going to risk their lives, so to speak, setting up shop in uncertain America. Sad but true.

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