Obama Campaign Lies Again about Romney’s Offshore Bank Accounts

Romney:

My blind trust holds offshore accounts, hiding nothing

Mitt Romney is still defending a non issue drummed up by Obama campaign seeking to distract voters from real issues. Romney’s personal finances are completely on the up and up and always have been. Romney has continuously insisted that there is ‘nothing hidden’ in his offshore accounts and that he doesn’t ‘even know where they are.’

The Obama campaign is trying to distract voters by forcing Romney to again address reports of his Caribbean investments. During an interview with Radio Iowa on Monday Romney was called into the station ahead of President Obama’s scheduled visit where he adamantly denied hiding anything saying this is all Obama’s got. Distraction from his failures.

Romney said Obama is launching personal attacks on his finances to “divert attention from the fact that his jobs record is the worse of any president and he has no plan to make things better.”

“With regard to any foreign investments, I understand, and you understand of course, that my investments have been held by a blind trust, have been managed by a trustee,” Romney said. “I don’t manage them. I don’t even know where they are. That trustee follows all U.S. laws. All the taxes are paid, as appropriate. All of them have been reported to the government. There’s nothing hidden there.”

READ MORE: VANITY FAIR DELVES INTO ROMNEY’S WELL-HIDDEN OFFSHORE INVESTMENTS

In a separate interview on Monday, Obama told New Hampshire’s WMUR that the Republican candidate should be an “open book” and cited Romney’s father as a model of transparency.

Romney, whose net worth is roughly $250 million, has released only his 2010 tax returns and an estimate of his 2011 filings, unlike his father George Romney, who released a dozen years of tax records during his own campaign for the 1968 Republican nomination.

The Obama campaign followed the president’s comments with a new video Tuesday morning asking why the Republican candidate is “hiding the rest of his tax returns?”

READ MORE: IN DEBATE, CANDIDATE MITT ROMNEY EQUIVOCATES ON RELEASING TAX RETURNS

The Obama campaign video features a clip of Republican Haley Barbour, the former governor of Mississippi, telling CNN on Monday that he would release more financial records if he was in Romney’s position.

It also includes a clip of Romney answering “maybe” to a Republican debate moderator who asked whether he would follow his father’s example by releasing 12 years of tax returns.