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Topic: Cayman Islands investment snags Jack Lew nomination |
Cayman Islands investment snags Jack Lew nomination
Politico, by Kelsey Snell
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Original Article
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Posted By:JoniTx, 2/9/2013 2:20:58 PM
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| An investment Jack Lew made in the Cayman Islands has been flagged as an issue in the Treasury secretary nominee’s vetting by the Senate Finance Committee, according to multiple sources close to the confirmation process. The White House says the investment was previously disclosed and is already a public matter. Republican staff “have told us that there are concerns,” said Sean Neary, a spokesman for Finance Committee Democrats. “This came out through the vetting process in prior confirmations. Once it was looked into deeper, it was determined that it was not an issue. Lew has been completely transparent
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Reply 1 - Posted by:
Rita, 2/9/2013 2:41:18 PM (No. 9167660)
Oh, please. We´re speaking of a democrat, here. A pass and a handshake coming right up. Nuf said?
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Reply 2 - Posted by:
earlybird, 2/9/2013 3:10:34 PM (No. 9167680)
And all those billionaires whom Obie tells us stash their ill-gotten gains in the Caymans? And Mitt Romney, whom he accused of that? What say you, Obie?
(sound of crickets)
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Reply 3 - Posted by:
horacer, 2/9/2013 3:25:42 PM (No. 9167700)
There´s nothing improper or illegal about what Jack Lew or Mitt Romney or tens of thousands of investors have done. Tax advantages in this country are closing. Overseas investing offers a number of advantages due to the decreased regulatory burden. I´ll bet 75% of the Dems in Congress have investments in the Caymans. Menendez probably has hookers in the Caymans.
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Reply 4 - Posted by:
Dante, 2/9/2013 3:26:05 PM (No. 9167702)
Interesting that the old media isn´t the least bit interested in the fact that the villains that Zero lambasts in his endless demagoguery are his friends and associates in reality.
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Reply 5 - Posted by:
john56, 2/9/2013 3:38:09 PM (No. 9167714)
Was in the Caymans over the holidays; wifey is ready to pack up and move there.
Caymans are a British colony and under the authority of the Crown although somewhat self-governed. The financial system is more-or-less managed by the Brits, so there isn´t the hanky panky that is often attributed to the Caymans.
In fact, while we were there, we were told there is a better place to stash money for businesses.
It´s called Delaware. Now who do we know from Delaware. Hmmmmm.....
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Reply 6 - Posted by:
rabbit, 2/9/2013 4:31:05 PM (No. 9167773)
Don´t go there, Republicans. Anyone with the moxie to be Treasury secretary should be very familiar with investments. There is nothing wrong with having an investment in the Caymans; it is done all the time for perfectly valid, perfectly legal reasons.
It would be stupid for the Republicans to say they know better how to run an economy and then scream and look like know-nothings on the subject of Cayman Islands investing.
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Reply 7 - Posted by:
jimkata, 2/9/2013 9:11:18 PM (No. 9167979)
All these nominations is as if Hitler was putting in his henchmen, but through a legal process. They are still a group of Evil people though.
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