Friday, March 12, 2004

Bmda: Kerry-electioneering-watch

Presidential hopeful, Senator John Kerry, has resumed his Bermuda bashing in a speech from Chicago on Wednesday night.

The anti-Bermuda rhetoric has served the Democratic candidate well, gaining applause when he attacks companies that leave the US to avoid taxes and has said that Government money will not be allowed to go to these companies.
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“We will create new incentives to help companies create and keep new jobs here at home,” said Kerry on Wednesday night. “If I’m President our government won’t provide a single reward for sending our jobs overseas, or exploiting the tax code to go to Bermuda to avoid paying taxes while sticking the American people with the bill.”

Kerry has been loudly denouncing US companies moving offshore to save on their taxes calling them “Benedict Arnold” firms – after the notorious American traitor.

But he appeared to have softened his Bermuda-bashing stance after his overwhelming victory on “Super Tuesday”, according to Bermuda International Business Association last week.
Whatever Deborah Middleton of BIBA was smoking, it must have been high-grade stuff because here's another excerpt from the report.
He dropped any mention of Bermuda from his victory speech on Tuesday night – the first time he had not had a go at Bermuda in weeks.

But he was back again on Wednesday night after taking a short holiday from Bermuda-bashing.

The most recent speech containing anti-Bermuda rhetoric was two weeks ago in Toledo, Ohio. He said: “Right after September 11th, a major accounting firm put on a seminar to show how companies could move their official address to Bermuda and avoid paying taxes here at home.
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“But if I’m President our government won’t provide a single reward for shipping our jobs overseas, or exploiting the
I guess since Bermuda is not France, Kerry doesn't care if he alienates this particular ally.

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