If there is one thing about politics that turns my stomach upside down is the rank hypocrisy that we have in our politics today. It takes an extraordinary human being, the kind that normal people do not want to be associated with, to stand up in front of a camera knowing full well that they are LYING to the American people and consider it all in a day’s work.
Such is Ms abnormal lying hypocritical ‘bitch’ Debbie Wasserman Schultz.
In an attempt to play the class-warfare card against Mitt Romney, here is what she said:
“Americans need to ask themselves, why does an American businessman need a Swiss bank account and secretive investments like that? It’s just something, a thought that I’d like to leave folks with.”
Disclosure forms reveal that Democratic National Committee chair Debbie Wasserman Schultz, a member of Congress from Florida, previously held funds with investments in Swiss banks, foreign drug companies, and the state bank of India. This revelation comes mere days after the Democratic chair attacked presumptive Republican presidential candidate Mitt Romney for holding money in Swiss bank accounts in the past.
It’s been a consistent theme of Obama’s reelection strategy: Attack Romney for foreign investments he held, especially in Swiss bank accounts, “to try to promote his wealthy, out-of-touch businessman persona.”
But 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 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.
To be clear, there is nothing in Debbie Wasserman Schultz’s disclosure forms to suggest that the DNC chair invested in anything illegal. But it is clear that some of her holdings had investments overseas, in Swiss banks, foreign drug companies, the state bank of India, and many other overseas holdings.
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.
All this comes in addition to Wasserman Schultz’s refusal to disclose her own tax returns, despite continuously calling on Romney to do so.
SideBear: “You know what Americans need to ask themselves,” why do we put up with lying hypocritical bitch’s like Debbie Wasserman Schultz.