Kerry Was FOR Offshore Investments Before He Was AGAINST Them

Kerry's Senate Website ^ | 4/27/04 | Me

[So Cal Rocket]

In April of 2002, John Kerry wrote a letter to President Bush endorsing the "The Tax Haven and Abusive Tax Shelter Reform Act of 2002".

In this letter (linked above) John Kerry makes the following statements:

"A growing number of corporations and individuals are exploiting tax havens in the Caribbean and elsewhere to evade and avoid paying taxes."

"By sheltering tax-dodgers and tax cheats, these overseas tax havens undermine confidence and trust in our federal government. The spread of illegal tax haven activity punishes those who play by the rules."

"The scope of the problem is daunting. Assets in offshore entities have climbed from an estimated $200 billion in 1983, to an estimated $5 trillion today. One private sector estimate suggests the use of tax havens to illegally shelter income results in the loss of $70 billion annually."

But... GUESS WHAT??? John Kerry has invested in these tax havens in the Caribbean himself... here's the evidence:

In this deal, John Kerry is investing nearly a quarter of a million dollars to purchase 2,470 shares of Peabody Commodities Trading Corp, through Systel Traders, Inc - registered in the Cayman Islands.

So, John Kerry was FOR offshore investments before he was AGAINST them!

[chance33_98]

[socal_parrot]

He didn't buy the shares, his family owns them.

[FlashBack]

YYYYEEEEEEAAAAAARRRRRRRGGGGGGGHHHHHHHHHH!!!!!!!!

The fuse is lit.....only a matter when now, not if!!!

[Smartass]

[bobo1]

The danger of being on both sides of every issue, is that it makes the other side angry.

Blessings, Bobo

[Defender2]

Typical.


Flip Flop(maybe in kerry's case it's really krip krop, cr*p)!!!!

[So Cal Rocket]

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[So Cal Rocket]

I posted this last night right after the big server crash - thought you might want to see it.

[DB]

BTTT