Oops, forgot about that $80 Million dollars

[LDB]

Obama appointee so rich she forgets about $80 Million dollars.

Obama Appointee Misplaces $80M? :: The Black Sphere

 

[Humble2drive]

So what is the point to this post?
Are we actually criticising a "libertard" for being a rich capitalist?

 

[LDB]

One point would be there's no fair share coming out of unreported money. Another could be what would we be hearing if this were a Bush appointee rather than an Obama appointee.

 

[BobWolf]

I can see how 80 mil can be an oversight. I mean c-mon, whats 80 million realy worth today?
AAAAAAAAAAAAAAGGGGGGGGGGGGGGGGGGGGHHHHHHHHHHHHHHHH!!!!!!!!!!!!!!! My brain hurts from trying to warp reality that far. Thats like the moron who smokes dope and blames the project golden flow test for being too accurate when he or she tests positive.

Im sure there wont be any jail, fines, and ofcorse no investigation from the IRS they dont want to harrass anyone.

Bob Wolf.

 

[purgoose10]

And this surprises you? The only thing that would surprise me would be the Democrats throwing him out of office or better yet hanging him in the Rose Garden.

 

[RLENT]

One point would be there's no fair share coming out of unreported money.

That would only be the case if she had failed to report it on her taxes ...

Of course, that isn't what actually happened (but leave it to those with low powers of observation or extremely poor reading comprehension to assume that it did ) - she simply failed to report it on a financial disclosure as part of being appointed to a government position.

Another could be what would we be hearing if this were a Bush appointee rather than an Obama appointee.

Well considering she was a donor/member of various committees for Republicans, including Guiliani, McCain, and Bush-Cheney '04, that actually might have been a possibility ...

 

[Pilgrim]

One point would be there's no fair share coming out of unreported money. Another could be what would we be hearing if this were a Bush appointee rather than an Obama appointee.

Another point would be there's no fair share coming out of money in offshore accounts. Remember the attack ads that Obama ran against Romney for having offshore investments, in spite of the fact that they were legal? How about the Obama ads trashing Romney for putting people out of their jobs and destroying their life savings? Penny Pritzker is a blue-blood Democrat who makes Romney look like a piker when it comes to killing jobs and losing taxpayers' money. Of course this is all in due course when it comes to the real world and the hazards of capitalism - but the blinding glimpse of the obvious is the double standard that exists with this cabinet nomination by a corrupt, incompetent POTUS who continues to be protected by the MSM.

The $80 million in earnings that had been omitted were related to Pritzker’s role managing trust funds—financial instruments used by wealthy families to control vast sums of money across generations—and $54 million of it was related to an offshore fund based in the Bahamas. This admission comes in the wake of a recent study showing that as of 2012, wealthy Americans are hoarding up to $32 trillion in offshore accounts to avoid paying taxes.
Pritzker has played an important role in the Democratic Party’s own finances for years. She was the chair of Obama’s 2008 campaign finance team, which raised over $778 million, a record at the time. She went on to co-chair—along with Chicago Mayor and former Obama chief of staff Rahm Emanuel—the president’s 2012 re-election campaign, which raised over $1 billion. She contributed $250,000 to Obama’s 2013 inauguration festivities. She is also a member of Obama’s Jobs Council, which advises the president on economic matters...
Senators forgive Penny Pritzker?s $80 million ?mistake? - World Socialist Web Site

Despite today’s testimony, in 2008, Pritzker told the Wall Street Journal she was “proud” of how she and her family dealt with the matter of the bank’s failure.
Not only are more than 1400 depositors in Pritzker’s Superior Bank out $10 million, but federal taxpayers lost, too. The FDIC fund is still out $296 million after Pritzker negotiated a “sweetheart” settlement, ultimately leaving the burden of her family bank’s failed subprime lending practices on the shoulders of the American taxpayer.
Pritzker has also come under fire for massive offshore deposits of wealth, excluding her from the same tax obligations as regular Americans. It is a point President Obama raises regarding political adversaries. However, in the case of his good family friend and campaign bundler, the same rules do not seem to apply.

Commerce Nominee Penny Pritzker Sails Through Senate Confirmation Hearing