Valerie Jarrett know as Obama’s other half of brain…..
Valerie Jarrett’s Got Bank in Bermuda
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.
We’ve asked the White House what exactly this mark is, and we’re waiting to hear back. …
Jarrett is one of Obama’s closer advisers and has been with him since he was sworn in. In a lengthy New York Times profile in 2009, an Obama campaign official said that “there are two people he’s not going to say no to: Valerie Jarrett and Michelle Obama.”
by JOHN NOLTE
10 Jul 2012
Democratic National Committee chair Debbie Wasserman Schultz has been running around for a few days now sliming up the airwaves with smears and innuendo that started with this article written by Vanity Fair’s Nicholas Shaxson, a bigtime leftist and Occupy supporter. Essentially, the Wasserman Schultz talking point has been: “We don’t know what Romney’s hiding in his shady finances so we need to find out.”
Really, Debbie? Well, we don’t know if you tortured small animals on-camera, and until you release all of your home movies we won’t know.
Obviously, in her desire to help our frantic and increasingly erratic President save his sorry self, Wasserman Schultz forgot her own record when it comes to offshoring money with the Swiss:
[D]isclosure 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.
Wasserman Schultz also obviously forgot about New Media. After decades of Democrats counting on the mainstream media to cover up and downplay inconvenient facts such as these, you can understand how that might happen.
On the heels of The Weekly Standard’s report yesterday that DNC chair Debbie Wasserman Schultz — a vocal critic of Mitt Romney‘s investing practices, had herself dabbled in the foreign markets — we can add Nancy Pelosi to the list of prominent Democrats to profit from overseas investments.
According to Pelosi’s 2011 financial disclosure statement, the Democratic House Minority Leader received between $1 million and $5 million in partnership income from ”Matthews International Capital Management LLC,” a group that emphasizes that it has a “A Singular Focus on Investing in Asia.” A quick trip to the company website reveals a featured post extolling the virtues of outsourcing.
“Designed in California, Made in Manila” sounds like an excellent title for a smear ad to be run the by the Barack Obama campaign. Instead, it appears to be Nancy Pelosi’s investment strategy.
It’s not surprising that a wealthy politician would invest globally (nor should it be considered problematic). This is interesting because of the attacks on Mitt Romney’s investments — because Obama purportedly believes in the virtues of “insourcing” and anti-globalization. (Obama appears to be running on a protectionist platform that went out of style with Canadian tuxedos)
Referencing Bain Capital: Democrat Hypocrisy!
1. Bain Capital donated $10,000 to Nancy Pelosi’s Campaign 2011-2012 LINK
2. Obama To Keep Campaign Donations From Bain Capital Executives LINK
Still the public should know that Soros keeps his billions safe from American taxation by having his money offshore in secret accounts;however, it is important to note that if any of us campesinos attempt to hide funds in this manner we will be serving time in the slammer.
We must remember that Soros has adjusted his life to the fact that he is a self-professed deity and is destined to be among the supreme ruling Elite of the world. Therefore it is unnecessary to subject his fortune to the same taxation we as ordinary Americans endure in order to bring about the Wealth Redistribution that he and Obama have envisioned for the world.
The Quantum Fund is registered in the tax haven of the Netherlands Antilles, in the Caribbean. This is to avoid paying taxes, as well as to hide the true nature of his investors and what he does with their money.
In order to avoid U.S. government supervision of his financial activities, something normal U.S.-based investment funds must by law agree to in order to operate, Soros moved his legal headquarters to the Caribbean tax haven of Curacao.
The Netherlands Antilles has repeatedly been cited by the Task Force on Money Laundering of the Organization for Economic Cooperation and Development (OECD) as one of the world’s most important centers for laundering illegal proceeds of the Latin American cocaine and other drug traffic. It is a possession of the Netherlands.
Soros has taken care that the none of the 99 individual investors who participate in his various funds is an American national. By U.S. securities law, a hedge fund is limited to no more than 99 highly wealthy individuals, so-called “sophisticated investors.” By structuring his investment company as an offshore hedge fund, Soros avoids public scrutiny.
Soros himself is not even on the board of Quantum Fund. Instead, for legal reasons, he serves the Quantum Fund as official “investment adviser,” through another company, Soros Fund Management, of New York City. If any demand were to be made of Soros to reveal the details of Quantum Fund’s operations, he is able to claim he is “merely its investment adviser.” Any competent police investigator looking at the complex legal structure of Soros’s businesses would conclude that there is prima facie evidence of either vast money laundering of illicit funds, or massive illegal tax evasion. Both may be true.
To make it impossible for U.S. tax authorities or other officials to look into the financial dealings of his web of businesses, the board of directors of Quantum Fund NV also includes no American citizens. His directors are Swiss, Italian, and British financiers.
George Soros is part of a tightly knit financial mafia—”mafia,” in the sense of a closed masonic-like fraternity of families pursuing common aims. Anyone who dares to criticize Soros or any of his associates, is immediately hit with the charge of being “anti-Semitic”—-a criticism which often silences or intimidates genuine critics of Soros’s unscrupulous operations. The Anti-Defamation League of B’nai B’rith considers it a top priority to “protect” Soros from the charges of “anti-Semites” in Hungary and elsewhere in Central Europe, according to ADL National Director Abraham Foxman. The ADL’s record of service to the British oligarchy has been amply documented by EIR (e.g. The Ugly Truth About the Anti-Defamation League [Washington, D.C., Executive Intelligence Review: 1992]).
**Are these US Citizens expatriating to avoid taxes….or…..because they don’t TRUST Obama?**
A quarterly publication by the Internal Revenue Service lists those citizens who voluntarily expatriate, or abandon their American citizenship — a growing number of whom are doing so to avoid taxes, according to several published reports.
The latest list of 460 citizens who have chosen to expatriate, published on April 30, 2012, included several well known figures. Denise Rich, songwriter, socialite and the former wife of a pardoned billionaire, has given up her U.S. citizenship, and will reportedly thus save millions in U.S. taxes as well. Rich appeared under her maiden name, Denise Eisenberg.
And Facebook co-founder Eduardo Saverin, who made billions off the worldâ€™s most popular social network, has also chosen to renounce his U.S. citizenship in favor or residence in Singapore, where there is no capital gains tax.
The full list of names follows, or you can view it here
**Reiterated from above**
Denise Rich, songwriter, socialite and the former wife of a pardoned billionaire, has given up her U.S. citizenship, and will reportedly thus save millions in U.S. taxes as well. Rich appeared under her maiden name, Denise Eisenberg.