DC Trawler

DWS: Debbie Wuvs Switzerland

Font Size:

The Democrats’ class-warfare strategy is your best entertainment value. Here’s Debbie Wasserman Schultz — who I was going to call “Dummy Whatsername Schmuck,” but I don’t want to steal Mark Levin’s bit — on Fox News Sunday last weekend, opining on The Evil Mitt Romney:

“Americans need to ask themselves, why does an American businessman need a Swiss bank account and secretive investments like that? It’s just something, a thought that I’d like to leave folks with.”

She’s using the term “thought” loosely, but we’ll allow it.

So, what else has DWS been up to lately? The Weekly Standard reports:

Disclosure forms reveal that Democratic National Committee chair Debbie Wasserman Schultz, a member of Congress from Florida, previously held funds with investments in Swiss banks, foreign drug companies, and the state bank of India…

It’s been a consistent theme of Obama’s reelection strategy: Attack Romney for foreign investments he held, especially in Swiss bank accounts, “to try to promote his wealthy, out-of-touch businessman persona.”

But disclosure forms reveal that in 2010, Wasserman Schultz invested between $1,001-$15,000 in a 401k retirement fund run by Davis Financial Fund. As the fund discloses, it is invested in the Julius Baer Group Ltd. and the State Bank of India GDR Ltd., as well as other financial, insurance, bank institutions…

Similarly, according to disclosure forms from 2004, Wasserman Schultz had holdings in the Fidelity Advisor Overseas Fund. That fund is invested in HSBC bank (a British financial institution), Hengdeli Holdings (a Hong Kong watch company), Novo Nordisk (a Danish drug company), Volkswagen (a German auto company), Rakuten (a Japanese shipping business), Richemont Cie Financiere (a Swiss luxury goods company), and many others.

To be clear, there is nothing in Debbie Wasserman Schultz’s disclosure forms to suggest that the DNC chair invested in anything illegal. But it is clear that some of her holdings had investments overseas, in Swiss banks, foreign drug companies, the state bank of India, and many other overseas holdings.

Overseas investments are bad except when they’re not. And one way to tell they’re okay is when they’re made by Democrats.

Oh, and DWS won’t release her tax returns, either. Again: she’s a Democrat. The same standard doesn’t apply to her. Duh.