Arrogance of Elite
To the Editor:
I remain confused; however, hypocrisy has always left me at a loss for words.
I have never espoused any political leanings. The body politic has always left me with a sickening sense of logic lost. It seems that the same blowhards of seventh grade are reproduced in the present-day choices at hand. Their insecurity is thinly masked by an arrogance found only in politicos.
The recent snit by Ann Romney is audacious and absurd. The last time I looked, she was not running for office. If you place large sums, out of sight, in foreign countries, there is only one reason to do that. If you do not like what people will say, then do not run for the highest office in the land.
I lived abroad, my children were born and raised there, and the company I kept was international and interesting. I became quite familiar with the practice of Swiss accounts. In many cases, they offer negative interest, simply to babysit tax-free money.
I find that the Republican women with whom I grew up, and in many cases those who were responsible for my day-to-day education, were a thoughtful and forward-thinking collection of talent. They did not practice entitlement, nor a double standard of opportunity.
The present contradictions held out for view, but which are not seen by the voters, cause me great dismay. The simplest is the demand for less government, except when treading on the most modest areas of a man or woman’s life. The unmentioned idea that someone with Ann Romney’s disease might just not be able to purchase a horse for dressage – and write it off as a necessary health expense. My children brought home sufficient ribbons from horse shows; it is hardly therapeutic.
I believe that we absolutely need regulations on those who feel that they travel in rarified air. I have traveled there, but never without a conscience.
It seems as though many who have thrown their support behind the moneyed elite of both parties, including other politicos, have come to believe the self-serving noise at the cocktail parties or at the clubs, the same clubs to which they might not otherwise ever be invited.
Speak up.
Nancy James
Long Beach Township
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Talk about the arrogant elite, the writer of "Arrogance of Elite" made me sick.
If she bragged anymore about how much money she had I thing I would have gaged. She is right about one thing, she is confused It is not illegal to invest or deposit money into banks outside the United States. Many people do, some not even aware that they due because of trusts and investments made through investment firms that handle their accounts. The reason for this is because interest rates can be higher outside the US, because they are not subject to FED regulations. All the IRS requires is that the Federal Government be paid the required taxes on these accounts the same as for accounts in US banks. I know she was referring to the Romney's when she brought up this subject. If she viewed non left leaning news outlets, she would have heard that Romney paid all taxes due on these accounts. I didn't see anything about a Democrat Congressman or member of the President's Cabinet withholding taxes, but then that had nothing to do with her Romney bashing talking points.
This is to "Arrogance of Elite". I agree with you, you are confused. It is not illegal for Us citizens or Entities to invest or deposit money into foreign banks, so long as the proper taxes are paid to the IRS. I you watched or listened to media outlets other than progressive left leaning media, you would know that Romney paid the full amount of taxes on all accounts outside the US. The reason many people, sometimes not knowingly, do this is because banks outside the US sometimes pay higher interest rates because they are not regulated by the FED. I said Not Knowingly, because there are people who have other people or institutions manage their accounts and have no knowledge of where there money is being invested. It's a shame you didn't mention a certain Democrat Congressman or Obama Cabinet appointee that actually had a problem paying their fair share. I just mention this because you said you didn't have any political leanings and I just wanted to keep it fair.