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Rep. Alan Grayson erupts after his own off-shore funds was exposed by a Florida newspaper
Hotair ^ | 05/14/2015 | Ed Morrissey

Posted on 05/14/2015 3:40:18 PM PDT by SeekAndFind

There have been few progressives as angry about off-shore investment accounts as Rep. Alan Grayson (D-FL). In 2011, not coincidentally while Mitt Romney readied his presidential campaign, Grayson wrote at the Huffington Post that Barack Obama should order “the IRS to audit every one of the Fortune 500″ corporations. Grayson wanted to stop them from “evading taxes through transfer pricing and offshore tax havens.”

Grayson may have known more about that than first thought. Adam Smith of the Tampa Bay Times found out that Grayson himself had incorporated two funds in the Caymans later that same year, the same kind of tax structure that Grayson found so distasteful in January 2011. Based on disclosure statements, Grayson has somewhere between $5 million and $25 million put away in the fund, although he’s drawing no income from it.

Smith reached out to Grayson for an explanation, and the Congressman re-elected by Floridians responded in the kind of calm, wise manner that we’ve come to expect from him:

In a phone interview Wednesday, Grayson said the funds were incorporated in Grand Cayman at the advice of an attorney he declined to name. It was a vehicle for foreign investors to invest in his funds while limiting their tax liabilities, he said, but no money had been invested in them yet.

“There are no investors in those funds or that fund as the case may be,” said Grayson, who said he thought only one fund was incorporated in the Caymans.

“When I set up my investment funds I set it up like everyone else,” Grayson said, complaining about theTampa Bay Times looking for “some stupid, bull—- story. … You want to write sh– about it, and you can’t because not a single dollar of taxes has been avoided,” he snapped.

Grayson wasn’t done. Smith asked whether it was appropriate for a sitting Congressman to open a fund in the Caymans for foreign investors while remaining in office, regardless of whether he’s recruited any investors or not. Once again, Grayson pondered the nuances of the issue before offering a rational discourse on the lack of conflicts of interest:

“Are you f——- kidding? I set up a fund that might solicit foreign investors….I have no present intention of soliciting foreign investors,” he said. “Your perception issue is bull—-.”

“This is even worse than Grayson’s girlfriend might run for congress 18 months from now,” referring to a recent Politico story attributed to no named sources. “This is a whole nother level of bull—-….Are are you some kind of sh—–g robot? You go around sh—-g on on people?”

Marc Caputo and Elana Schneider note that Grayson currently is mulling a run for Marco Rubio’s Senate seat, which makes the question of Cayman funds for future foreign investors even more interesting. The DSCC has decided to back Patrick Murphy over Grayson, which reportedly resulted in another colorful outburst from the Congressman:

Grayson, who wouldn’t comment on his tirades, didn’t dispute participating in a difficult phone call a few weeks previously with DSCC Chairman Jon Tester, who informed the representative that the committee would likely soon endorse Rep. Patrick Murphy. Grayson denied he directly swore at Tester — as two sources alleged — but he wouldn’t comment on what he said.

“What’s the deal here? You publish whatever colorful lies people toss your way, for their own obvious political purposes?” Grayson asked via text message.

Tester’s spokesman at the DSCC declined to comment. However, in multiple interviews with Democrats from Washington to Florida, it’s clear that the Montana senator tried to pressure Grayson to stay out of the Senate race because Democratic establishment figures believe he’s unelectable in a statewide race.

“You’re making a mistake,” Grayson said, likening Murphy to a piece of excrement. “When I’m a senator, it’s going to be hard to work together.”

The foreign-investor issue can’t possibly be keeping the DSCC from backing Grayson, considering the tens of millions the Democrats’ presumed presidential frontrunner has pocketed through the speeches of her husband during her tenure at State. Tester and his colleagues must just be jealous of the sunny disposition Grayson exhibits at all times. Either that, or they want to prevent the difficulties of working together with a Senator Grayson as much as they possibly can. If it takes a few “s—-ing robots” to block Grayson’s path, so be it.

TOPICS: Crime/Corruption; Culture/Society; Government; News/Current Events; US: Florida
KEYWORDS: alangrayson; caymanislands; caymans; district9; florida; grayson; offshorefunds; osceolacounty; taxes; taxevasion

1 posted on 05/14/2015 3:40:18 PM PDT by SeekAndFind
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To: SeekAndFind
Where's Bane when you need him. There's a reckoning coming.
2 posted on 05/14/2015 3:43:53 PM PDT by demshateGod (The fool hath said in his heart, There is no God.)
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To: SeekAndFind

So by his reasoning, if he is caught with a naked woman tied to the bed he did nothing wrong because he did not complete the action?

3 posted on 05/14/2015 3:47:07 PM PDT by icwhatudo (Low taxes and less spending in Sodom and Gomorrah is not my idea of a conservative victory)
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To: SeekAndFind

More “do as I say not as I do” hypocrisy.

But, he is a DemocRAT so nothing to see here, folks.

4 posted on 05/14/2015 3:48:50 PM PDT by Sister_T (So, ACA is the law of the land? Remember: DADT and DOMA were the laws of the land! Repeal ACA!)
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To: All
Grayson? Offshore bank accounts? This sucker is in one big kettle of hot water. Actually, an Alan Grayson candidacy would be a kick.....he's the Democrats worst nightmare.

Does the DNC know about the hearing to decide bigamy allegations in Grayson's infamous divorce case?

Grayson went to court to determine whether his 24-year marriage was valid in the first place, or if his wife was still legally married to another man when they wed.

**SNIP** Lolita Grayson filed paperwork accusing her husband of failing to pay her credit cards, refusing to provide financial support for their children. She also said, in an interview with WFTV-Channel 9 , that she had been forced to apply for a food-stamp card.(Excerpt) Read more at ...

LINKED EXCERPT In filing for public assistance, Lolita Grayson said her monthly income consisted of $592 per child.

Alan Graysons’ attorney attributed her actions to politics the week before an election, telling WFTV his client pays about $10,000 a month for the mortgage, utilities and phone bill for the home. “This is abusing the public,” attorney Mark Nejame said. “She’s going out and asking for support because she can’t support herself on $120,000? That’s outrageous.”

Married to the bombastic congressman for 24 years, she filed for divorce early this year and it didn’t take long for things to get messy. There was a physical altercation at their home a short time later — she accused Grayson of battering her and he countered by saying she hit him. He would later charge his wife with bigamy while filing for an annulment of their 24-year marriage.

The Democratic lawmaker, a former trial lawyer, is not paying spousal support because he says the marriage was never valid because of the bigamy charge, WFTV reported.

5 posted on 05/14/2015 3:49:39 PM PDT by Liz (Another Clinton administration? Are you nuts?)
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To: SeekAndFind

Oh, BTW—— rumor has it that Grayson donated to The Clinton Foundation....and even has a “gift receipt” used to take a tax write-off on his tax return.


6 posted on 05/14/2015 3:51:59 PM PDT by Liz (Another Clinton administration? Are you nuts?)
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To: SeekAndFind

Show me a liberal and I’ll show you a hypocrite. They are all hypocrites, every last one of them.

7 posted on 05/14/2015 3:53:32 PM PDT by Blood of Tyrants (A free society can’t let the parameters of its speech be set by murderous extremists.)
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To: SeekAndFind

Comgressman Headcase needs a rubber room.

8 posted on 05/14/2015 3:54:01 PM PDT by alice_in_bubbaland (When injustice becomes law, resistance becomes mandatory ... Thomas Jefferson)
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To: SeekAndFind

did Grayson’s girlfriend replace Grayson’s wife?

9 posted on 05/14/2015 3:57:39 PM PDT by isom35
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To: alice_in_bubbaland

I can’t believe that people (Democrat, or otherwise) actually vote for this vile headcase.

10 posted on 05/14/2015 4:06:04 PM PDT by Avid Coug
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To: SeekAndFind

He seems mentally ill.

11 posted on 05/14/2015 4:21:09 PM PDT by onedoug
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To: SeekAndFind
I have only one question for Grayson: Have you stopped beating your wife?


12 posted on 05/14/2015 4:27:54 PM PDT by M Kehoe
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To: SeekAndFind
The rats should replace the idiot Wasserman with the insane Grayson for DNC chair. Imagine the continual entertainment.
13 posted on 05/14/2015 4:33:39 PM PDT by Jacquerie (To shun Article V is to embrace tyranny.)
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To: Blood of Tyrants

Dishonest philosophy leads to dishonest behavior.

14 posted on 05/14/2015 5:07:00 PM PDT by samtheman
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To: SeekAndFind
This guy is definitely unhinged.
15 posted on 05/14/2015 6:28:53 PM PDT by jmacusa (`)
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To: Jacquerie

Debbie and Alan are made for each other. Whatta team!

16 posted on 05/14/2015 6:31:34 PM PDT by dforest
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To: SeekAndFind

Alan Grayson, “progressive”? How about calling him what he really is, a “crazy, greedy marxist”?

17 posted on 05/14/2015 6:41:26 PM PDT by MadMax, the Grinning Reaper (madmax)
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To: icwhatudo


18 posted on 05/28/2015 2:47:04 PM PDT by WayneS (Barack Obama makes Neville Chamberlin look like George Patton.)
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To: MadMax, the Grinning Reaper

You left out: ...worthless, piece of human garbage, and ass-hat.

19 posted on 05/28/2015 2:48:27 PM PDT by WayneS (Barack Obama makes Neville Chamberlin look like George Patton.)
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; cardinal4; ColdOne; ...

20 posted on 06/13/2015 4:49:08 PM PDT by SunkenCiv (What do we want? REGIME CHANGE! When do we want it? NOW)
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