jsteele wrote:Is there one conservative left on earth that is capable of reading and analysis? If so, that individual has not made himself known around here lately.
Wasserman Schultz invested in a US-based 401K retirement fund. That fund made foreign investments. Indeed, along with investments into American Express, Loews Corporation, and Progressive Corporation, it invested 5% of its funds in a Swiss banking group. That is not a "Swiss bank account." That is ownership of shares of a Swiss bank. Do you not understand the difference?
Moreover, these are most definitely not "direct investment in foreign accounts". Do you even know what "direct" means?
Just to clarify:
Direct investment = take your money and place it in foreign account.
Indirect investment = invest in US fund which in turn makes foreign investments. I would guess that most of us have done this with our retirement funds.
The only thing to LOL about here is the stupidity of the average Republican.
I think the wingnuts have all taken pledges promising not to do this.