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January 26, 2015 / 6 Shevat, 5775
 
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Jewish Nominee for Treasury May Hit Wall of GOP and Far Left

And guess who had close to $100,000 in assets socked away right there in the Cayman Islands? Jack Lew.
Jack Lew

Photo Credit: Yori Yanover

In late December of 2012, Code Pink had a historic protest at the very center of the controversy: Ugland House.  Code Pink was on a fundraising voyage for The Nation aboard a Carnival Cruise ship.  When they docked at the Grand Cayman Island, they staged an impromptu but widely promoted protest against the injustice of “big companies” using the Cayman Islands to shelter their money and avoid paying “their fair share” of taxes.

Code Pink Protests Tax Shelters in Cayman Islands, Dec. 2012

Code Pink Protests Tax Shelters in Cayman Islands, Dec. 2012

The Code Pinkers held up big signs and banners which said, “Take Our Money Home,” and “U.S. Tax Money Out of Cayman Islands.”  They also sang several song parodies, one of which was to the Harry Belafonte tune “Day-O,” the lyrics rewritten to “Tax evaders’ time to bring the money home.” Watch the video here.

And if Senator Grassley is noting the irony of liberal policy makers using tax shelters, here’s another one.  According to dailyfinance.com, Carnival, the operator of Code Pink and The Nation‘s cruise ship, is “one of the largest corporate tax evaders” of all.

 

About the Author: Lori Lowenthal Marcus is the US correspondent for The Jewish Press. She is a recovered lawyer who previously practiced First Amendment law and taught in Philadelphia-area graduate and law schools.


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6 Responses to “Jewish Nominee for Treasury May Hit Wall of GOP and Far Left”

  1. Charlie Hall says:

    Anyone hated by both left wing and right wing extremists must be pretty good. :)

  2. If Lew is turned down, perhaps Obama would appoint Paul Krugman or Robert Reich, Jewish economists who recognize that we need a major jobs program that would restore and improve our crumbling infrastructure, thereby bringing in much more tax revenue, reducing the need for unemployment and other benefits, and helping greatlt improve our economy.

  3. Arie's Pragmatic Politics says:

    He has REPEATEDLY lied under oath; he took Citi to the verge of bankruptcy (which is obama's obvious goal for the US so why not someone with experience), and condemns foreign accounts while he himself retains a rather extensive portfolio in the tax haven of the Cayman Islands.

    As some allege hom to be an "Orthodox" Jew, he reminds me of someone (a true gannif) I met once who, when I decried her for her business practices as she wore her sheitel, commented that "business is business, religion is religion. They have nothing to do with each other."

  4. Arie's Pragmatic Politics says:

    He has REPEATEDLY lied under oath; he took Citi to the verge of bankruptcy (which is obama's obvious goal for the US so why not someone with experience), and condemns foreign accounts while he himself retains a rather extensive portfolio in the tax haven of the Cayman Islands.

    As some allege hom to be an "Orthodox" Jew, he reminds me of someone (a true gannif) I met once who, when I decried her for her business practices as she wore her sheitel, commented that "business is business, religion is religion. They have nothing to do with each other."

  5. Arie's Pragmatic Politics says:

    Socialism is NOT the answer. Obama has been pushing bigger government, taxation and welfare for four years. It does NOT work so you say continue the failed policies by bringing an avowed socialist like Reich in?

  6. Charlie Hall says:

    "he took Citi to the verge of bankruptcy "

    Absolute nonsense. He was nowhere near the top of the management hierarchy and didn't have that kind of power.

    'As some allege hom to be an "Orthodox" Jew'

    Which you clearly are not, since you spread motzi shem ra against someone who is publicly known to be a frum Yid.

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