The Right Opinion
Obama's Swiss Cheese Campaign
What's pale yellow, riddled with holes and not very sharp? President Barack Obama's renewed class-warfare attack on GOP opponent Mitt Romney.
To kick off the Independence Day holiday, America's fundraiser-in-chief took to Twitter to stoke wealth-bashing resentment against Republicans. "FACT," Obama's official Twitter account declared, "In 2010, Romney reported having a $3 million Swiss bank account." Obama for America campaign manager Jim Messina piled on, urging "every reporter covering Romney" to read left-wing Vanity Fair's new report on his offshore finances. In a water-carrying news conference call, Obama campaign flack Ben LaBolt assailed Romney's "mysterious corporation in Bermuda, his funds in the Cayman Islands and the Swiss bank account he opened."
The Democratic wizards of election-year optics believe that such populist rhetoric demonizing foreign money will help shore up their left flank and win independents tired of crony, out-of-touch government. One problem: They launched their class war fusillade in the same week that Tinseltown tycoon George Clooney announced Obama fundraising efforts -- in Geneva, Switzerland. Oops.
According to The Hollywood Reporter, Clooney will entertain 150 European elites at a swanky Swiss reception, "which will be followed by a more intimate -- and expensive -- dinner at which the star will be the guest of honor. Tickets for the latter event will go for $20,000 for singles and $30,000 for couples." As Reuters reported at the time, Clooney spearheaded a similar event in Geneva, "one of the world's most affluent cities," in 2008. "Some 170 contributors paid $1,000 a head to hear him speak at a cocktail party held at a museum in Geneva's Old Town. And 75 high-rolling supporters spent $10,000 each to attend 'an intimate seated dinner'" with the actor.
Swiss money for thee, but not for Romney, eh, Democrats?
Even more problematic for Obama: Some of his very best campaign finance bundlers and golfing buddies are architects and beneficiaries of the Swiss tax havens he purports to abhor.
Robert Wolf is president of Swiss financial giant UBS Investment Bank and chairman of UBS Americas. According to campaign finance records, this longtime friend and fat cat has personally bundled more than $500,000 for Obama, dating back to Obama's Illinois Senate days.
Obama and Wolf were introduced by radical leftist billionaire George Soros and have remained golfing and basketball buddies ever since. Wolf sits on Obama's Economic Recovery Advisory Board and the presidential Council on Jobs and Competitiveness. In August 2010, Obama's Internal Revenue Service dropped its lawsuit over UBS tax havens. The company forked over nearly $800 million to make the investigators all go away.
Wolf's no lone Swiss-based Obama wolf. The left-leaning BuzzFeed and right-leaning Washington Free Beacon websites both noted in April that another deep-pocketed Obama bundler, Charles Adams, heads the Swiss office of powerhouse law firm Akin Gump. He's raised at least $100,000.
It's fondue-savory to watch the current administration, up to its eyeballs in tax cheats and scofflaws from the Treasury Department to the Health and Human Services Department to the Labor Department, railing about Romney's purported tax evasion. It's even richer to watch Obama's operatives huff and puff about Romney's lack of transparency while using Romney's own disclosed tax forms to disparage his wealth, investments and private-sector success.
This is 100 percent, unadulterated envy politics, doused in hypocritical whine. Like Obama's favorite imported Swiss cheese, it reeks.
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12 Comments
Bonnie Larkin in Silsbee Texas
Wednesday, July 4, 2012 at 7:07 AM
I am so glad we have Michelle Malkin, I am indebted to her for her smarts and guts - This post of hers here is like the ones by her before - honest - spot on - and NEEDED !
Ct-Tom in NC
Wednesday, July 4, 2012 at 7:51 AM
I cannot for the life of me figure out why Romney doesn't hire MM as his chief issues advisor. She is amazing!
Note to Michelle: I hope you, yours, and your home are OK. It's been pretty hairy in CS lately, huh?
wjm in Colorado
Wednesday, July 4, 2012 at 8:49 AM
I wish I had the sense to put my money into an account somewhere that was immune to the decine of the dollar due to Obamanomics. The Romney finances are all legal, and have never been investigated by the IRS. Those in the Democrat Party are projecitng their own failings, in the party doctrine, deny, deflect, and counter accuse. If they were to run on facts instead of fallacy, they would only expose their own incompetence and treason.
CLC in Richmond
Wednesday, July 4, 2012 at 10:33 AM
My personal wealth has increased about 400 percent since March 2009 when the market hit rock bottom. It really wasn't difficult or required any smarts, i just kept investing in the stock market when it was low. And when it was low i didn't go around crying blaming George Bush, i kept investing in my 401k and the market. Sounds like you missed the boat. Its not obamas fault that you are stupid.
TJS in Florida
Wednesday, July 4, 2012 at 8:37 PM
Ignore this person and stick to the topic. This is pure distraction. Don't fall for it.
BNgranny in MO
Wednesday, July 4, 2012 at 11:10 AM
Uhh, isn't there a law about "foreign" campaign contributions? Wasn't that one of the questions about his on-line contributors in '08 and the Clinton's Chinese connection in '96? Or is this just another one 'o' chooses to ignore and DoJ refuses to enforce?
pete in CA
Wednesday, July 4, 2012 at 4:35 PM
CLC, your first post here was made at 10:33 AM, your last at 3:21 PM.
That shows you for who and what you are: a troll (probably paid) for liberals and commies living off the back of the rest of us. If you are capable of getting a job shoveling out stables, do so. If you are not learn how. You have exhibited the right mind set and a strong desire to do just that.
CLC in Richmond
Thursday, July 5, 2012 at 2:31 AM
Gee Pete. It was the birthday of our country. I was out celebrating, grilling and watching fireworks.
I also bought gas for less than three dollars a gallon. Thanks Obama!
TJS in Florida
Wednesday, July 4, 2012 at 8:47 PM
Foreigners cannot contribute to US political campaigns. Not that it stops Democrats, or draws prosecution by Democrat administrations or Democrat US attorneys. It did not stop Al Gore from taking Buddhist temple money in 1996.
The "news media" will not cover foreign fund raising for Obama, because they are effectively campaign operatives for liberals and all liberal causes. Like Fast & Furious, they will ignore the issue until hell breaks loose.
Romney and other candidates must elevate the issue in their campaign ads, interviews and other public areas. Shareholder action could also be effective, if it can be generated, especially if the contributions expose the companies to legal and financial dangers. Regulators in the US and foreign nations would be forced to acknowledge the irregularities and investigate.
CLC in Richmond
Thursday, July 5, 2012 at 2:20 AM
Whats up losers. You guys still whining?
Great day with the family celebrating our nations birthday. Life is good.
Romney is toast. A five year old could develop a campaign to beat him. I see a lot of smoke coming from the Caymans, Bermuda, Switzerland, Panama, etc. And you know the saying, where there is smoke.....
All the old folks in the family are conservative whacko's just like you guys. They despise Obama and buy into the lying smear campaign by Fox and the right. They are pretty much disgusted with Romney now and throwing in the towel. You are now getting voter apathy from the hardcore old white folks. That's bad.
Robinius in Broomfield, Colorado
Friday, July 6, 2012 at 1:05 AM
"Is name calling the only way you can communicate?" Quote from CLC in Richmond Wednesday, July 4, 2012 at 1:37 PM Fellow conservatives, please ignore CLC as he is a liberal through and through and a waste of your time and mine. He will vote for Obama regardless. I am hoping that Independents have seen Obama for what he is and will not vote for him. Fool me once, shame on you; fool me twice, shame on me.
CLC in Richmond
Friday, July 6, 2012 at 9:51 AM
Another glorious day in America. A bit warm in here in Richmond.
I love this article on the GOP. It really nails why so many people are defecting from the party and why they are unable to appeal to Generation Y. The current leadership of the Grand Old Party is leading it into oblivion.
http://thehill.com/opinion/columnists/brent-budowsky/236283-gop-hopes-usa-fails