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Obama – Say one thing, do another…’fat-cats’!

Editor’s Note – If it is not clear to Americans by now, it may never be. What do we refer to? We refer to the current President always saying one thing, while doing another. He tells us of the harm that Wall St. greed has done to this nation, yet his actions are opposite. In this latest case, his supporters receive unprecedented access to his time, and each receives his support. Exactly opposite of what he tells America, the fat-cats are ruining us, while his fat-cats are awash in your tax dollars.

Its a constant theme, he charges that his enemies are conducting a war-on-women, yet his actions and policies are far worse, and his economic plan disproportionately hurts women, even in his own offices.

There's that finger, waving wildly at his enemies - are you one of his enemies? President Barack Obama / Tom Gralish/Philadelphia Inquirer/MCT

He tauts his green energy plans, bathing supporters with help, despite the bankruptcies, yet we watch gas and diesel prices soar. He allows far less oil exploration here in the USA than both of the past two administrations, yet supports Brazil’s off-shore oil exploration. He tell’s the world that the Straits of Hormuz must stay open, yet he nixes the Keystone XL pipeline here in North America.

He salutes the Russian National Anthem with his hand over his heart, but will not here for our anthem and ‘corpsmen’…our warriors. Then the famous ‘open mic’ incident!

Obama pays 20.5% in taxes, yet he says Warren Buffet’s secretary paid more than Buffet, and, by the way, more than the Obama’s did, when she was in the 38.5% category. Its all a do as I say, not as I do routine!

President Obama and first lady Michelle Obama paid $162,074 in taxes on $789,674 in adjusted gross income for 2011, the White House reported — an effective tax rate of 20.5%.

The vice president’s effective federal tax rate is 23.2%. The Bidens gave $5,540 to charity, a little less than 2% of income. (Read the rest here.)

Utter and abject hypocrisy.

His party and his own ideological leanings declare “freedom of choice” yet they force Obama Care down our throats. Where’s the choice there? In the process, he strives to remove religious freedom with twisted dealings and even weirder logic. Then there is the Supreme Court, when it was leaked they were leaning toward nixing his program, he castigates the right-appointed Justices. All the time, twisting the Constitution…don’t think he does not know this stuff, he just wants every day Americans to think something else.

Last to be mentioned here, but certainly not the end the list is Eric Holder and the Obama ‘justice’ agenda. Don’t enforce the law governing voter intimidation, but sue a set of states over enforcing the laws he will not. Then tell America, that the reason for suing is to prevent racial prejudices…and then he once again inserts his office into the whole Martin/Zimmerman ordeal.

How much clearer does it need to be America?

Obama bundler helps convicted, alleged financial criminals secure Virgin Islands tax breaks

By Matthew Boyle - Daily Caller

major campaign “bundler” for President Barack Obama’s re-election campaign has helped convicted and alleged financial criminals navigate offshore tax loopholes in the U.S. Virgin Islands, The Daily Caller has learned.

Marjorie Rawls Roberts, who has pledged to raise between $100,000 and $200,000 for President Obama’s 2012 campaign, has faced heat in recent months after news reports confirmed that she helps her wealthy clients navigate the kinds of offshore tax benefits the president has publicly criticized. And now The Daily Caller has learned exactly who some of those wealthy clients are.

Roberts helped recently convicted $7 billion ponzi schemer R. Allen Stanford with his application for tax benefits from the U.S. Virgin Islands Economic Development Corporation. Those benefits permit recipients to avoid paying some — or all — of their taxes, as long as they live in the U.S. territory for the majority of a given tax year and fulfill certain financial and development obligations to the local economy.

The Virgin Islands Daily News reported that Stanford applied for those tax breaks in 2006, and that the territory’s current governor, Democrat John de Jongh, approved the application after taking office in 2007.

Stanford, who was convicted of defrauding 30,000 of his investors with bogus investments in his Antiguan bank while living a lavish lifestyle from the spoils of his scheme, owes hundreds of millions in back taxes. In early 2009, the Associated Press reported that the federal government placed four tax liens against Stanford, totaling about $212 million, between 2007 and 2008.

Attorney General Eric Holder praised Stanford’s conviction during a March 2012 Senate Appropriations Subcommittee hearing. “Just this week, we secured a conviction against the former board of directors’ chairman for an international bank [Stanford Financial Group], orchestrating a $7 billion investment fraud scheme,” Holder said in his testimony.

Even so, the Obama re-election campaign continues to accept bundled donations from the tax attorney who helped Stanford navigate the Virgin Islands’ tax loopholes.

Campaign spokesman Ben LaBolt did not answer The Daily Caller’s requests for comment on the matter.

Roberts also did not respond to multiple requests for comment.

In addition to helping wealthy clients navigate tax loopholes in the Virgin Islands, Roberts has been a major financial supporter of New York Democratic Rep. Charlie Rangel. Rangel has fought to ease IRS tax pressures on Americans in the U.S. Virgin Islands.

In November 2007, The New York Times reported that several of Roberts’ clients would financially benefit from a Rangel proposal — since failed — that would have limited the U.S. tax agency’s authority to investigate and audit potential tax criminals enrolled in the U.S. Virgin Islands EDC program.

 

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Posted by on April 13, 2012. Filed under Corruption. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

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