Gravitymaster 0 #51 October 3, 2012 Quote Quote Quote Quote Quote Quote Just a quick list on Romney. He exported jobs from the US He has off shore accounts in places like the Caymans. He has paid les taxes then me or any middle class American I know. Last I checked it was people like him who fucked this country for more money, how the hell can you sell him as a job creator? If keeping $Millions in offshore accounts netted him not one dollar reduction in taxes (to paraphrase Romney's claim), why is he (and Bain) paying high priced lawyers and accountants to set up these accounts in the Caymans? Does his money like the climate down there? www.nytimes.com/2012/10/02/us/politics/bains-offshore-strategies-grew-romneys-wealth.html?pagewanted=all You might want to enroll in some financial management classes. There you will learn that a diversified portfolio is a sign of a strong overall investment strategy. That includes investments in foreign markets. My guess is that if you have an IRA, that many of the mutual funds actually have investments in foreign stocks. You will also learn that Caymen Island Banks are not the shadowy places that most of the grossley uninformed think they are. They are actually quite commonly used as a place to gather investment money from around the world. Do you really believe that Transnational Corporations are a new concept? Want to buy a bridge? I have a nice one for sale. Right, what you don't have is a very good understanding of what Cayman Island Banks are used for nor how international investment money is gathered. Cute reply though, unfortunately no substance. We all (including you) know why Cayman Islands, Bermuda, Luxembourg... banks are preferred, and the reason is NOT diversity. You just can't bring yourself to admit it. I've already told you what they are used for. Quote Share this post Link to post Share on other sites
kallend 2,027 #52 October 3, 2012 Quote Quote Quote Quote Quote Quote Quote Just a quick list on Romney. He exported jobs from the US He has off shore accounts in places like the Caymans. He has paid les taxes then me or any middle class American I know. Last I checked it was people like him who fucked this country for more money, how the hell can you sell him as a job creator? If keeping $Millions in offshore accounts netted him not one dollar reduction in taxes (to paraphrase Romney's claim), why is he (and Bain) paying high priced lawyers and accountants to set up these accounts in the Caymans? Does his money like the climate down there? www.nytimes.com/2012/10/02/us/politics/bains-offshore-strategies-grew-romneys-wealth.html?pagewanted=all You might want to enroll in some financial management classes. There you will learn that a diversified portfolio is a sign of a strong overall investment strategy. That includes investments in foreign markets. My guess is that if you have an IRA, that many of the mutual funds actually have investments in foreign stocks. You will also learn that Caymen Island Banks are not the shadowy places that most of the grossley uninformed think they are. They are actually quite commonly used as a place to gather investment money from around the world. Do you really believe that Transnational Corporations are a new concept? Want to buy a bridge? I have a nice one for sale. Right, what you don't have is a very good understanding of what Cayman Island Banks are used for nor how international investment money is gathered. Cute reply though, unfortunately no substance. We all (including you) know why Cayman Islands, Bermuda, Luxembourg... banks are preferred, and the reason is NOT diversity. You just can't bring yourself to admit it. I've already told you what they are used for. Indeed you have. Now, about that bridge...... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
Gravitymaster 0 #53 October 3, 2012 Quote Quote Quote Quote Quote Quote Quote Quote Just a quick list on Romney. He exported jobs from the US He has off shore accounts in places like the Caymans. He has paid les taxes then me or any middle class American I know. Last I checked it was people like him who fucked this country for more money, how the hell can you sell him as a job creator? If keeping $Millions in offshore accounts netted him not one dollar reduction in taxes (to paraphrase Romney's claim), why is he (and Bain) paying high priced lawyers and accountants to set up these accounts in the Caymans? Does his money like the climate down there? www.nytimes.com/2012/10/02/us/politics/bains-offshore-strategies-grew-romneys-wealth.html?pagewanted=all You might want to enroll in some financial management classes. There you will learn that a diversified portfolio is a sign of a strong overall investment strategy. That includes investments in foreign markets. My guess is that if you have an IRA, that many of the mutual funds actually have investments in foreign stocks. You will also learn that Caymen Island Banks are not the shadowy places that most of the grossley uninformed think they are. They are actually quite commonly used as a place to gather investment money from around the world. Do you really believe that Transnational Corporations are a new concept? Want to buy a bridge? I have a nice one for sale. Right, what you don't have is a very good understanding of what Cayman Island Banks are used for nor how international investment money is gathered. Cute reply though, unfortunately no substance. We all (including you) know why Cayman Islands, Bermuda, Luxembourg... banks are preferred, and the reason is NOT diversity. You just can't bring yourself to admit it. I've already told you what they are used for. Indeed you have. Now, about that bridge... That bridge is about as real as your understanding of Caymen Island Banks. Quote Share this post Link to post Share on other sites
kallend 2,027 #54 October 3, 2012 Quote Quote Quote Quote Quote Quote Quote Quote Quote Just a quick list on Romney. He exported jobs from the US He has off shore accounts in places like the Caymans. He has paid les taxes then me or any middle class American I know. Last I checked it was people like him who fucked this country for more money, how the hell can you sell him as a job creator? If keeping $Millions in offshore accounts netted him not one dollar reduction in taxes (to paraphrase Romney's claim), why is he (and Bain) paying high priced lawyers and accountants to set up these accounts in the Caymans? Does his money like the climate down there? www.nytimes.com/2012/10/02/us/politics/bains-offshore-strategies-grew-romneys-wealth.html?pagewanted=all You might want to enroll in some financial management classes. There you will learn that a diversified portfolio is a sign of a strong overall investment strategy. That includes investments in foreign markets. My guess is that if you have an IRA, that many of the mutual funds actually have investments in foreign stocks. You will also learn that Caymen Island Banks are not the shadowy places that most of the grossley uninformed think they are. They are actually quite commonly used as a place to gather investment money from around the world. Do you really believe that Transnational Corporations are a new concept? Want to buy a bridge? I have a nice one for sale. Right, what you don't have is a very good understanding of what Cayman Island Banks are used for nor how international investment money is gathered. Cute reply though, unfortunately no substance. We all (including you) know why Cayman Islands, Bermuda, Luxembourg... banks are preferred, and the reason is NOT diversity. You just can't bring yourself to admit it. I've already told you what they are used for. Indeed you have. Now, about that bridge... That bridge is about as real as your understanding of Caymen Island Banks. You are funny. You don't even understand how to spell the name of the islands, let alone understand why the money goes there.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
Gravitymaster 0 #55 October 3, 2012 Quote Quote Quote Quote Quote Quote Quote Quote Quote Quote Just a quick list on Romney. He exported jobs from the US He has off shore accounts in places like the Caymans. He has paid les taxes then me or any middle class American I know. Last I checked it was people like him who fucked this country for more money, how the hell can you sell him as a job creator? If keeping $Millions in offshore accounts netted him not one dollar reduction in taxes (to paraphrase Romney's claim), why is he (and Bain) paying high priced lawyers and accountants to set up these accounts in the Caymans? Does his money like the climate down there? www.nytimes.com/2012/10/02/us/politics/bains-offshore-strategies-grew-romneys-wealth.html?pagewanted=all You might want to enroll in some financial management classes. There you will learn that a diversified portfolio is a sign of a strong overall investment strategy. That includes investments in foreign markets. My guess is that if you have an IRA, that many of the mutual funds actually have investments in foreign stocks. You will also learn that Caymen Island Banks are not the shadowy places that most of the grossley uninformed think they are. They are actually quite commonly used as a place to gather investment money from around the world. Do you really believe that Transnational Corporations are a new concept? Want to buy a bridge? I have a nice one for sale. Right, what you don't have is a very good understanding of what Cayman Island Banks are used for nor how international investment money is gathered. Cute reply though, unfortunately no substance. We all (including you) know why Cayman Islands, Bermuda, Luxembourg... banks are preferred, and the reason is NOT diversity. You just can't bring yourself to admit it. I've already told you what they are used for. Indeed you have. Now, about that bridge... That bridge is about as real as your understanding of Caymen Island Banks. You are funny. You don't even understand how to spell the name of the islands, let alone understand why the money goes there. Resorting to pointing out spelling mistakes is a sure sign you have no argument. What's next? Godwins Law? Quote Share this post Link to post Share on other sites
kallend 2,027 #56 October 3, 2012 Quote Resorting to pointing out spelling mistakes is a sure sign you have no argument. What's next? Godwins Law? You are about the only person in the world who refuses to acknowledge why the very wealthy, drug lords, despots etc. put their money in banks in the Caymans, Bermuda, Switzerland... And it is NOT to diversify the portfolio.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
Gravitymaster 0 #57 October 3, 2012 QuoteQuote Resorting to pointing out spelling mistakes is a sure sign you have no argument. What's next? Godwins Law? You are about the only person in the world who refuses to acknowledge why the very wealthy, drug lords, despots etc. put their money in banks in the Caymans, Bermuda, Switzerland... And it is NOT to diversify the portfolio. I acknowledge many involved in criminal activities use off shore banks. However, it doesn't follow that only criminals use them. That's the part you seem to have trouble understanding. Quote Share this post Link to post Share on other sites
kelpdiver 2 #58 October 3, 2012 Quote You might want to enroll in some financial management classes. There you will learn that a diversified portfolio is a sign of a strong overall investment strategy. That includes investments in foreign markets. My guess is that if you have an IRA, that many of the mutual funds actually have investments in foreign stocks. You will also learn that Caymen Island Banks are not the shadowy places that most of the grossley uninformed think they are. They are actually quite commonly used as a place to gather investment money from around the world. Do you really believe that Transnational Corporations are a new concept? This is pathetic. You really have no understanding of the distinction between investing in foreign assets versus placing your money in offshore accounts? Or are you just pretending not to? You can invest in most large international companies directly via ADRs. You can invest in international sectors via ETFs provided by companies like Blackrock (iShares), Vanguard, State Street, etc. Mutual funds are also available as direct investments for Americans and the balances and accounts stay in USD. The reason you put your money offshore is either to hedge with the foreign currency, get access to assets you cannot reach on our exchanges, or to shield money from taxation. Since the Cayman dollar is pegged to the USD (1.2:1) and offers little investment opportunity, the explanation is obviously the third. BTW, it's really not the most attractive place. Like most of the Caribbean, it is somewhat harsh sand and gets knocked over by hurricanes every 5-10 years, so when you walk more than a couple blocks from the shore you see the rubble. It's hardly different from much of Florida, the so so parts. Underwater, otoh, is a different matter. Quote Share this post Link to post Share on other sites
Gravitymaster 0 #59 October 3, 2012 QuoteQuote You might want to enroll in some financial management classes. There you will learn that a diversified portfolio is a sign of a strong overall investment strategy. That includes investments in foreign markets. My guess is that if you have an IRA, that many of the mutual funds actually have investments in foreign stocks. You will also learn that Caymen Island Banks are not the shadowy places that most of the grossley uninformed think they are. They are actually quite commonly used as a place to gather investment money from around the world. Do you really believe that Transnational Corporations are a new concept? This is pathetic. You really have no understanding of the distinction between investing in foreign assets versus placing your money in offshore accounts? Or are you just pretending not to? You can invest in most large international companies directly via ADRs. You can invest in international sectors via ETFs provided by companies like Blackrock (iShares), Vanguard, State Street, etc. Mutual funds are also available as direct investments for Americans and the balances and accounts stay in USD. The reason you put your money offshore is either to hedge with the foreign currency, get access to assets you cannot reach on our exchanges, or to shield money from taxation. Since the Cayman dollar is pegged to the USD (1.2:1) and offers little investment opportunity, the explanation is obviously the third. BTW, it's really not the most attractive place. Like most of the Caribbean, it is somewhat harsh sand and gets knocked over by hurricanes every 5-10 years, so when you walk more than a couple blocks from the shore you see the rubble. It's hardly different from much of Florida, the so so parts. Underwater, otoh, is a different matter. Trying to keep it simple. Obviously the uninformed do not understand the Cayman Island "boogeyman" I was not trying to offer investment advice. Quote Share this post Link to post Share on other sites
kelpdiver 2 #60 October 3, 2012 Quote Trying to keep it simple. Obviously the uninformed do not understand the Cayman Island "boogeyman" I was not trying to offer investment advice. If "keeping it simple" means blowing smoke up our asses, you're doing great. But if you had a real point to make here, you didn't succeed. Quote Share this post Link to post Share on other sites
Gravitymaster 0 #61 October 3, 2012 QuoteQuote Trying to keep it simple. Obviously the uninformed do not understand the Cayman Island "boogeyman" I was not trying to offer investment advice. If "keeping it simple" means blowing smoke up our asses, you're doing great. But if you had a real point to make here, you didn't succeed. Oh, I think I did. Quote Share this post Link to post Share on other sites
kallend 2,027 #62 October 3, 2012 QuoteQuoteQuote Trying to keep it simple. Obviously the uninformed do not understand the Cayman Island "boogeyman" I was not trying to offer investment advice. If "keeping it simple" means blowing smoke up our asses, you're doing great. But if you had a real point to make here, you didn't succeed. Oh, I think I did. Don't dislocate your shoulder while patting yourself on the back.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
Gravitymaster 0 #63 October 3, 2012 Quote Quote Quote Quote Trying to keep it simple. Obviously the uninformed do not understand the Cayman Island "boogeyman" I was not trying to offer investment advice. If "keeping it simple" means blowing smoke up our asses, you're doing great. But if you had a real point to make here, you didn't succeed. Oh, I think I did. Don't dislocate your shoulder while patting yourself on the back. Worried more about my groin muscles from taking a bow. Quote Share this post Link to post Share on other sites
kelpdiver 2 #64 October 3, 2012 Quote Worried more about my groin muscles from taking a bow. either you have a very odd style of bowing, or you know anatomy just as well as investment finance. Quote Share this post Link to post Share on other sites
normiss 803 #65 October 3, 2012 Why do you despise success? Quote Share this post Link to post Share on other sites
normiss 803 #66 October 3, 2012 Why are you singling out one man for what congress has done to tax law??? Quote Share this post Link to post Share on other sites
billvon 2,998 #67 October 3, 2012 >Why do you despise success? Same reason republicans despise women, blacks, the poor etc. I imagine. Quote Share this post Link to post Share on other sites
kallend 2,027 #69 October 3, 2012 QuoteWhy do you despise success? Nonsense. I hope Romney one day makes enough money to get in the same tax bracket that I am in. Then the revenues can be used to help those disabled veterans that you so despise.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
normiss 803 #70 October 3, 2012 Interesting how you just love to twist people's words into some distorted reality you exist in. Repetitive and boring. Quote Share this post Link to post Share on other sites
billvon 2,998 #71 October 3, 2012 >>Why do you despise success? >Interesting how you just love to twist people's words into some distorted reality you >exist in. Quote Share this post Link to post Share on other sites
kallend 2,027 #72 October 3, 2012 Quote >>Why do you despise success? >Interesting how you just love to twist people's words into some distorted reality you >exist in. ... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
