Obama's Bigger Pension, and Cayman Island Investments

Obama DOES Have Investments In Cayman Islands Trust...

... and has a bigger pension than Romney!

By Douglas V. Gibbs

The above pair of links came from the Drudge Report. The headlines reveal, once again, that Barack Obama is a liar (or very ignorant). If you remember, in the last debate Romney set out to get the record straight, explaining that the kind of pension he has invests in various directions, including Chinese investments, and in the Cayman Islands. The Cayman Islands, sometimes used as a tax haven for the more criminally intentioned of folks, tends to have a not-so-legal reputation, which is why the Democrats made that attack against Romney in the first place. Mitt then turned to Obama and asked about Barry's pension, and said that the President's also invests in Chinese investments and the Cayman Islands. Obama quipped back at Romney that his pension was not as big as the GOP contender's. The goal, in line with the liberal left's war on rich people (a.k.a. successful people), was to make Romney look like some kind of plutocrat, making Obama, they figured, look like someone more in tune with the proletariat.

As it turns out, Obama was mistaken (or lying) about his smaller pension, because it turns out it is not potentially smaller than Romney's after all. . . and surprise, surprise, he has investments in China and the Cayman Islands too!  When it comes to public pensions, in fact, Obama's blows Romney's out of the water, because Romney did not take a salary as governor of Massachusetts, which means Mitt's public pension is a big, fat zero.  Obama will have millions coming to him.

So much for being one with the common man, Barry.

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