Not Invited to Romney’s Convention in Tampa, George W. Bush Gives Speech in Mitt’s Cayman Islands Off-Shore Tax Haven Five Days Before Election

Visit for breaking news, world news, and news about the economy

Passive-aggressive, much? Having been disinvited from Mitt Romney’s convention in Tampa earlier this year, George W. Bush opted to go to the Cayman Islands — a locale made infamous during the presidential campaign as one of Mitt Romney’s tax havens — to give a speech yesterday.

The fact that Bush chose to go to the Caymans, of all places, five days before his would-be predecessor faces election, is a majorly unreported story, primarily because Bush’s staff imposed a news blackout onto coverage of Bush’s speech:

Organizers of an investment conference in the Cayman Islands have been forbidden from disclosing any details about a speech by former President George W. Bush in the offshore financial haven, an event spokesman said Thursday.

The keynote speech by the former president was “totally closed to all journalists,” and conference organizers were banned from discussing any aspect of it even in general terms, spokesman Dan Kneipp said.

“We’ve got a complete blackout on discussing the Bush details,” Kneipp told The Associated Press.

In his speech, Bush was expected to “offer his thoughts on eight years in the Oval Office, the challenges facing our nation in the 21st century, the power of freedom, and the role of faith.”

Let’s hope he did not offer his expertise on the economy, which crashed on his watch, at least in part because of his incompetence and mismanagement. It’s not hard to guess what he might have said — but it may be that we need look no farther for a clue than the remarks to the conference delivered by the current Cayman Islands premier to the conference, according to the CaymanNewsService:

[The premier] slammed the tide of regulation coming from overseas, both from Europe and the United States, which was threatening the financial services community, stating that regulation such as America’s Dodd-Frank Act that makes sweeping changes to the industry was not needed and would only push up costs for industry practitioners. The funds industry had kept Cayman afloat during difficult economic times and his government was proud of the work fund practitioners did, he said.

A small irony: The premier’s name is McKeeva Bush, but he is presumably not related to Dubya.

One comment

  • November 2, 2012 - 9:59 am | Permalink

    I’m sure he’ll share his views on American tax policy as well.

  • Leave a Reply

    Your email address will not be published. Required fields are marked *