Obama’s alter ego, Valerie Jarrett, has a Bermuda bank account according to ABC News -
…Valerie Jarrett’s financial disclosure form filed May 4 lists a line of credit from a Bermuda insurance company valued between $100,000 and $250,000.
“This is a letter of credit disclosed in the liability section of the personal financial disclosure form, meaning it is a potential obligation, not an asset,” White House spokesman Eric Schultz said in a statement. “In fact, a letter of credit is something that you pay for – as you can see from the form there is a fee associated with it. A letter of credit is issued by a financial institution as a guarantee to cover a potential liability, and in this case was obtained by real estate developers in Chicago for properties located in the United States.”… [ABC News]
Jarrett is part of the most secretive administration that we’ve seen since Richard Nixon. The only reason to have these accounts is to shelter your taxes/
Americans need to ask themselves: why does an American advisor to the president need a Bermuda bank account and a line of credit and secretive investments? I call on her to release her tax returns. It’s disturbing.
Obviously, I am repeating statements made against Mitt Romney by the Obama campaign bots. Paybacks are a B!$@h.
Via The Hill
…Rep. Debbie Wasserman Schultz (D-Fla.), the chairwoman of the Democratic National Committee, called on Mitt Romney to release more than one year of tax returns, following a report that detailed the presumptive GOP nominee’s use of offshore accounts.
Wasserman Schultz called that report, published in Vanity Fair, “disturbing.” According to the magazine, Romney’s financial advisers formed a corporation in Bermuda, and the article also detailed the former Massachusetts governor’s holdings in Switzerland and the Cayman Islands.
“Americans need to ask themselves, why does an American businessman need a Swiss bank account, and secretive investments like that?” Wasserman Schultz asked on Fox News Sunday.”…
It wasn’t just Wasserman-Schult. Gibbs and Axelrod said almost the exact same things against Romney for his investments as they hit the Sunday cable news shows.
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