Anyone really surprised by this?
President Barack Obama won’t return campaign donations to executives, advisers and directors who have profited from offshore mergers that reduce corporate taxes using a technique he has called “unpatriotic.”
Responding to a Bloomberg News report that described connections between more than 20 Obama donors and the tax-cutting transactions, White House Deputy Press Secretary Eric Schultz said the president will keep the cash.
“We are not privy to the details and have no role in any individual company’s plans,” Schultz said today at a briefing on Martha’s Vineyard where Obama is vacationing. “But what the president is focused on is stopping the problem.”
I just can’t even begin to understand why the president of the United States would want to take money from people whom he considers “unpatriotic.” Can you?
Of course, it is worth remembering that by President Obama’s standards, we don’t even have economic patriotism in the White House.