“But what the president is focused on is stopping the problem.” He said there isn’t a double standard and that he would “understand the skepticism more if we weren’t doing something to tackle the problem.” Donors involved with the tax deals include Blair Effron, an investment banker who hosted Obama for a May fundraiser at his two-level, 9,000-square-foot apartment on Manhattan’s Upper East Side.
“We are not privy to the details and have no role in any individual company’s plans,” Schultz said yesterday at a briefing on Martha’s Vineyard where Obama is vacationing. (Bloomberg) President Barack Obama won’t return campaign donations to executives, advisers and directors who have profited from offshore mergers that reduce corporate taxes using a technique he has called “unpatriotic.” Responding to a Bloomberg News report that described connections between more than 20 Obama donors and the tax-cutting transactions, White House Deputy Press Secretary Eric Schultz said the president will keep the cash. (In a prior lifetime I spent some time with the ISO 9000 series of quality standards.) However, when this is said quickly, it might sound more like eye-so.
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