If we had any question about why Congress and US media do not get the problems with FATCA, here it is.
In a bizarre Fox News Business interview, the conclusion is made that all the good Senators are dead.
We learn that the Senate is “full of millionaires with nothing else to do with their money.” I wonder if they FATCA their offshore accounts.
Here’s what the panel had to say about some of the Senators:
Max Baucus is “a big cowboy.” (that was the only compliment!)
Eric Cantor is a “little weasel.”
Harry Reid is a “thieving skunk.”
Chuck Schumer is “dreadful, embarrassing.”
The interview veered off into some really weird on-air discussions of the personal lives of the panel members.
And, we want these folks to understand something as complex as FATCA?!? We are doomed if we rely on them.
We have to keep the pressure up on our own politicians and media–who look fabulous in comparison!