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Top Romney-Bashing Democrat Wasserman Schultz Had Swiss Bank Account

Posted: July 10, 2012

The chair of the Democrat National Committee, Florida Congresswoman Debbie Wasserman Schultz, has been all over television bashing GOP presidential nominee Mitt Romney for his offshore accounts.

It turns out that Schultz herself parked money in Swiss bank accounts and other overseas investments, according to reporting by the Weekly Standard.

…disclosure 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 a major Swiss banking firm.

The Weekly Standard’s reporting also found that in 2004, Wasserman Schultz invested in an international mutual fund that in turn had a series of overseas investments including–

…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…

The hypocrisy, though, is clear: The Democrats, as well as President Obama, hope to paint Romney as an out of touch man for holding money in overseas bank accounts, when in reality their own chairman, Wasserman Schultz, had overseas investments.

Wasserman Schultz has also called upon Romney to release more tax returns even though she has refused to release any of her own.

Separately, Comedy Central’s Jon Stewart, a very rich man, also seemed to fall victim to hypocrisy for his Romney wealth bashing.

Romney’s assets have evidently been in a blind trust, which means that a money manager was running things, but the former Massachusetts governor has since closed his Swiss bank account and straightened out most of his overseas holdings.

[photo credit: Gage Skidmore via photo pin cc]



Comments


16 Archived Responses to “ Top Romney-Bashing Democrat Wasserman Schultz Had Swiss Bank Account ”

  1. Anonymous
    Jul 10, 2012

    Figures. Just like Obama accuses Romney of being the "Out-Sourcer-in-Chief" “79 percent” of all green-jobs spending in Obama’s $800 billion stimulus package went to foreign companies, with the largest payment going to a bankrupt Australian company. For example, the Obama Administration spent $1.6 billion on Chinese and other foreign wind power.” – Examiner -Obama, not Romney, is the Outsourcer-in-Chief, June 22, 2012.

  2. Is there any doubt that a Romney administration would favor the rich and increase the income gap in our country? Mitt is a pariah in Mormon Clothing and will stop at nothing to expand an empire of greed for the rich in this country. Can his sacred Mormon underwear gain him enough donations to buy this election? See for yourself as Mitt dons his tighty-whities from the Good Lord Himself at http://dregstudiosart.blogspot.com/2012/05/mitt-romneys-magic-mormon-underwear.html.

  3. Adam S. Black
    Jul 11, 2012

    Help Save The USA from Debbie-Wasserman-Schultz!

    Vote GINEEN BRESSO for Congress!

    Watch the video! Join the wave! Vote, support, contribute now!

    http://gineenbresso.com/2012/05/14/gineen-bresso-addresses-the-broward-county-gop/

    Together WE CAN FIRE DEBBIE WASSERMAN SCHULTZ!

    "WIN WITH GIN".

  4. Well, well, well.

  5. Virginia Musser
    Jul 11, 2012

    Is there any doubt that Obama wants to be king and put us in the hut that his cousin is in. Your opinion of a Morman is disgusting. You are jealous of his making a success of himself, and Obama is jealous of this too. GE was given money by Obama and then they still went overseas. Don't know if you knew that the country didn't want JFK in as president as he was Catholic. At least R is a Christian and tell me that letting the Muslims pray in the streets in NY that Obama is not a Muslim. You want to ruin our country and are bend on
    helping him. How embarrassing that you are probably being paid by the Obama bucks. You need to find out that the dems are the old school and with Reld and Pelosi running Obama and Holder (the agent killer) and Michelle who spent half a million dollars a trip to Spain with her daughter and Valerie Jarrett. It would be nice if our country let us each to have our religion without slandering it.

  6. just about the most obnoxious bitch I know! well along with pelosi! I probably will catch a little hell for calling her a bitch but at least I didn't call her a dumb c*nt like some liberal "comedian".

  7. Mella Stormiel
    Jul 13, 2012

    *Yawn* Really?? This is all you got?? Mormon bashing?? Get back up on the porch with Pelosi and Reid and Wasserman-Schultz and the rest of the president's nasty little lap dogs.

  8. Well,Romney beats having a Closet Muslim and socialist as President…
    Oh yea! You might want to do some research on Odunbass,,,if it can still be found,,everything about him is a lie,,!

  9. Is this really surprising coming from the Liar she is! Which she she made a statement, and then when ask about what she said, she blamed the conservative of twisting her words, amazingly she was caught on video tape making the mere comment she denied! Surprising? NO…She is one sad, low life individual and doesn't even have the right to be called an American, when there are so many in this country that are suffering and then she is going to lie to promote the very one that is hurting this country… She calls her self a stong women, well she is a disgrace to women in this country! We elected a man that no political experience, let alone no Business experience, on the mere words of promising hope and change….Shame on those that were wowed by meaningless words now and in 2008….God Bless America…

  10. Debbie Wasserman Schultz is one of the most ugly persons, inside and out that I have seen, EVER. Her attitude and horrible ways are offensive to me. If she was a man, I would find her and kick the U KNOW WHAT out of her. When I look and listen to her, I know why mother ducks KILL their young. She is a disgrace to the human race. My name is, LARRY VELASCO, AMERICAN and Hispanic who is for CLOSING the BORDERS to EVERYONE. I DESPISE Usama Bin Laden Hussein Obama.