Mitt Romney’s Investment In American Financial Institutions: Not Preferred Over Bermuda, Cayman Islands, And Switzerland

Mitt Romney, the former Massachusetts Governor, would be, by latest estimate, the FOURTH wealthiest President if he was elected, just behind George Washington, Herbert Hoover, and Thomas Jefferson, and ahead of John F. Kennedy, Andrew Jackson, Theodore Roosevelt, Zachary Taylor, Franklin D. Roosevelt, Lyndon B. Johnson, and James Madison.

Romney would have twice as much wealth (at about $250 million) than the last eight Presidents combined, from Richard Nixon to Barack Obama. And over time, he could be worth more than the three Presidents ahead of him, and become historically the wealthiest President ever!

And we have now learned that Mitt Romney pays only 13.9 percent of the wealth he has gained by investment, rather than by working, and that he has large amounts of money invested outside the United States, notably in Bermuda, the Cayman Islands, and in Swiss banks.

So while he wishes to promote American economic recovery, he is, apparently, not willing to keep his investments in America!

This could become a major issue in the Presidential campaign of 2012!