In an interview with the National Review, Romney was trying to make the argument that the offshore Caymen accounts that Bain helps its investors set up can bring in foreign investment. Well duh. If you help them cheat the US out of tax revenue, of course they're more likely to invest with Bain. But that's not good business, that's cheating the U.S. into record deficits for the benefit of foreign citizens.
"The so-called offshore account in the Cayman Islands, for instance, is an account established by a U.S. firm to allow foreign investors to invest in U.S. enterprises and not be subject to taxes outside of their own jurisdiction," Romney said.
So here we have Romney admitting that his "business expertise," the thing we're supposed to be so impressed by we vote for him for president, is really just about scamming the system and increasing our deficits in order to help foreigners dodge US taxes.
That's not "business expertise."
It's not called "talent" when you have to cheat to win.
It's called being an immoral cheating snake in the grass. And that goes for athletes who dope up in the Olympics, for businessmen who break insider trading laws, etc.
"He's basically admitting here that the Bain funds are set up in the Cayman Islands to help people avoid tax," said Rebecca Wilkins, senior counsel for federal tax policy at Citizens for Tax Justice, a nonprofit tax reform group. "If you want to cheat on your taxes, boy, they're making it really easy."
US deficits are what they are in large part because cheaters like Romney help foreigners avoid paying US taxes.
Unpatriotic. Bad financial sense. Cheating to get ahead.
Romney isn't good at business. Steve Jobs was good at business.
Romney is just a sleazy hack who has to cheat to compete. And he doesn't care in the slightest if it's the U.S. he's hurting.