joether
Posts: 5195
Joined: 7/24/2005
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You really should read your own articles fully, Sanity. Just saying....
"But disclosure 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."
That's from your second source. She invested money into a retirement fund run by some organization that took the money and invested it elsewhere. The Davis Financial Fund, as a whole has investments worldwide. Yet, there is no direct link that shows Miss Schultz directed the investments specifically to those areas (foreign companies). You and the writers of that article (not to mention the horde of ignorant conservatives) are smiply making an arguement that doesnt exist in reality.
"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."
Again, from your second source.
The Fidelity Advisor Overseas Fund places investments where they think will do the most good (NOT the investor). Those that invest into it do *NOT* have a say in how that specific fund invests its money. They can opt out of the fun and place their money elsewhere. Of course, the question from the two things above is: Did Miss Schultz manage her money directly or simply let someone else do the investing (Like a Certified Financial Planner, or CFP)? You have to show the burden of evidence that Miss Schultz did the directing, not the broker/CFP.
Now than, is she a hypocrit? Only if she were running for the White House (which is what your whole arguement is based on). Besides which, her investments are a petty amount compare to Mitt Romney's (even if she directly directed the money to foreign markets). Its like carting an 11 year old off to jail for a lemonade stand without permits while allowing the resturant down the street to operate without permits. If your going to hold the 11 year old accountible, but not the resturant owner, what does that say of your ability to make a fair arguement? But there isnt anything in EITHER of your two sources that states directly, that Miss Schultz invested into foreign markets/companies. That is a FACT. Mr. Romney however, is confirmed to have invested directly (by his own accord/direction) into foreign markets.
< Message edited by joether -- 7/11/2012 2:42:12 AM >
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Foreign Bank Accounts?!?!?! - 
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