SEARCH

Entries in Tweets (2)

Thursday
Jul052012

David Axelrod Tweets Hit Romney for ‘Bermuda Tax Shelter’

Riccardo S. Savi/Getty Images(WASHINGTON) -- Senior Obama strategist David Axelrod on Wednesday offered something of a fireworks display on Twitter, launching a barrage of messages meant to draw attention to two reports that highlight Mitt Romney’s stake in a Bermuda company that has never been listed on his state or federal financial reports.

@DavidAxelrod: Astonishing story about Mitt’s Bermuda tax shelter and his efforts to keep it secret, apparently skirting MA law. 1/4

@DavidAxelrod: A Swiss bank account. A dozen funds in the Cayman Islands. And now, a Bermuda tax shelter he failed to report. 2/4

@DavidAxelrod: How many of these revelations will it take for the media to demand a full accounting of Mitt’s tax returns and finances? 3/4

@DavidAxelrod: Or will his campaign continue to stonewall and keep him secure within the MPP–the Mittness Protection Program? 4/4

The company in question -- Sankaty High Yield Asset Investors Ltd. -- is described by government financial documents as “a Bermuda corporation wholly owned by W. Mitt Romney.”  Yet, as Vanity Fair notes in a new report, it has never appeared on the candidate’s financial disclosure forms.  Limited details on its existence only recently came to light when Romney released his 2010 tax return under public pressure.

“Even after examining that return, we have no idea what is in this company, but it could be valuable, meaning that it is possible Romney’s wealth is even greater than previous estimates,” writes Nicholas Shaxson in Vanity Fair.  “While the Romneys’ spokespeople insist that the couple has paid all the taxes required by law, investments in tax havens such as Bermuda raise many questions, because they are in ‘jurisdictions where there is virtually no tax and virtually no compliance,’ as one Miami-based offshore lawyer put it.”

Democrats say Romney’s secretive financial holdings raise questions about his intentions and potential conflicts of interest.  They say the Bermuda company -- along with a Swiss bank account, Cayman Islands accounts, and other foreign funds, Romney has had ties to -- suggest that Romney is “betting against America.”  It’s a theme President Obama will push during his two-day, two-state bus tour which kicks off Thursday in Ohio.

In a statement to ABC News, Romney spokeswoman Amanda Henneberg called Axelrod’s tweets part of a pattern of allegations that “have been proven false time and again.”

“As job growth slows, manufacturing activity stalls, and our economy continues to sputter, President Obama knows he can’t make a legitimate argument for another term in office, so instead he is trying to tear down his opponent,” she said.  “This is just the latest example of President Obama and his political machine saying or doing anything to distract from his abysmal record over the last four years.”

Copyright 2012 ABC News Radio

Tuesday
Dec282010

Snow Politics 2: Newark Mayor Cory Booker Tweets as He Plows

Photo Courtesy - Getty Images(NEWARK, N.J.) -- On Monday, we examined the perils of blizzards for politicians. New Jersey Lt. Governor and Republican Kim Guadagno went on vacation at the same time as her boss, Lt. Governor Chris Christie. The snowstorm hit and the Democratic leader of the State Senate was temporarily in charge.
 
Other mayors have felt the ire of voters after botching the response to the storm -- but not Cory Booker, the Newark Democrat. He’s taking plow requests via Twitter, and in some cases apparently getting out and digging around cars himself.

“Just dug a car out on Springfield Ave and broke the cardinal rule: "Lift with your Knees!!" I think I left part of my back back there,” wrote @corybooker on Monday night.

In other instances he’s gotten into the neighborhood of a stranded person and asked them to send a private direct message with their phone number so he could come help.

Booker has more than a million followers on Twitter, making him one of  the most followed politicians in the U.S. Newark has about a quarter the population of Booker's Twitter account.

Booker has pleaded for patience just like New York City Mayor Michael Bloomberg, although Bloomberg’s city response has been criticized.

At this point, Newark residents could expect the personal touch. Booker started accepting direct pleas via Twitter back in February, during the last big snowstorm to hit the East Coast.

It remains to be seen if Booker’s personal approach will lead to a city cleaned of snow quicker than New York. But it may lead to more goodwill regardless.

Copyright 2010 ABC News Radio







ABC News Radio