Sen. Sanders Mentions Bermuda Again In Debate

March 7, 2016

Bermuda was mentioned again during last night’s U.S. Presidential Democratic Debate, with Senator Bernie Sanders saying “profitable corporations are stashing their profits in the Cayman Islands, Bermuda and in other tax havens.”

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In reply to a question about how he would pay for one of his proposals, Senator Sanders said, “We have suggested a trillion-dollar investment. Now, you know how we’re gonna pay for that? I’ll tell you how we’re gonna pay for that.

“Right now, this country is losing $100 billion every single year because profitable corporations are stashing their profits in the Cayman Islands, Bermuda and in other tax havens, and in some cases, not paying five cents in federal income tax.

“I will eliminate that outrageous loophole, and we will raise $1 trillion. And by the way, not only do we rebuild our crumbling infrastructure — $1 trillion over five years creates 13 million decent-paying jobs.”

Senator Sanders’ comment last night was very similar to a comment he made about Bermuda in a debate last month.

The 2016 United States presidential election is scheduled for Tuesday, November 8, 2016. Hillary Clinton and Bernie Sanders are seeking the Democratic nomination, while Ted Cruz, John Kasich, Marco Rubio and Donald Trump are all running on the Republican side.

Former New York City Mayor and regular Bermuda visitor Michael Bloomberg — who had been considering running for President — announced today that he will not enter the race, saying that it is clear he cannot win.

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Comments (25)

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  1. drunken ursula says:

    Bernie for President…THATS MY BOY !

    • And Trump wants to build a wall !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

      • Double S says:

        So do you and yours here…

      • CoffeeCoffee says:

        I laugh when people call Trump bad, while turning around and saying that people who’ve lived here for 15 years legally shouldn’t have the right to apply for residency. Trump’s views would be far too lenient for those types.

    • Pete says:

      Just like John Kerry,the Clinton’s its all wop, wop, wop, fool the folks in middle America were most have no idea where Bermuda is. They all hide their money here and Switzerland. They don`t want them to know , let alone how much cash they make and hide.
      Seem they have You fool too!

  2. Lois Frederick says:

    It’s what Hillary says and would do as President that really matters. She will be the Democrat contender.

  3. Trisha says:

    In ten years all these tax heaven payers will be gone as well as those waiting to get Bermuda status, since Bermuda dollar will collapse.

    • Fdsial says:

      Exactly and then we will become like all the other islands. Jamaica, barbados, Bahamas.. good tourism.. but $#^+ economy and a lot of violence. But we’re already halfway there anyway..

    • Jus' Askin' says:

      Tax Heaven? :-D

      Bermuda Dollar will collapse? ;-)

      Turkey Lurkey de sky is Falling :-)

  4. The same type of investment that Mr. Bernie Sanders wants to make in America’s infra structure, we need to make in our people. There is no reason why Bob could not make a “Fund” that would operate inside Bermuda, and make the money flow easier. Let’s appeal to IB for this type of assistance , and by pass the banks altogether. As it stands, we are holding tons of money in our banks, but it’s not working for the average Bermudian.

    • So I take it that you cant influence ya party, or they only listen to a certain segment.

      • YOU”VE GOT IT. NEED I SAY ANY MORE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    • hmmm says:

      Yeah, shame, the PLP could have done that, but they didn’t want to look after Bermudians.

    • Pete says:

      Well, well Rodney , has the reverse mortgage been a success, how many of the working population we have to support a scheme like this ?
      Don`t take rocket science to see what happened in Russia, China is a mess.
      Obama gave the tax payers money back to the same crooks in the Banks, and the housing developers instead of to the Fred`s and Fannie-maie`s who lost their houses.
      Sanders, Clinton nix, all living off the public trough.

  5. Takbir Karriem Sharrieff says:

    Bermuda is another world,and when we all get our thinking straight and decide to pull together as Bermudians and stop ,race baiting,fighting each other like crabs in a barrel,and trying to outdo each other,in how much we can hoard in land,possessions ,and money ,then we can look at each other and see ourselves as human beings.It all starts with the man in the mirror looking back at us.WE,can then appreciate our blessings and humble ourselves to our real human worth,not how much money that we have in the bank ,or how much property that we own.Stinking thinking leads to stinking behaviour,and stinking behaviour leads to our eventual destruction as an individual and as a country or an Island Nation.Peace,

  6. Joey-Bag-O'Doughnuts says:

    I wonder why leftists always think that the money somebody else earns should be given to those that did not earn and in most cases don’t even want to get up in the morning to go out to earn a living.

  7. Osiris says:

    Sanders is a Jew. Why has he not told ANYONE this so far? Why is he hiding the fact he is Jewish? If it should not matter he should have said it ages ago, but he didn’t. Can’t trust people like that.

  8. Osiris says:

    United States of America is a company, not a country. It is owned by the Federal Reserve bankers who bought America outright in 1933. Americans do not have money or currency, and the bills everyone uses are PRIVATE PROPERTY OF THE reserve bankers, who by the way are all Jewish and co-owners of the World Central Banks.

    America’s debt will never be paid off, and it will be used as an excuse to “enslave” financially all Americans. Will that happen here too?
    PLP made a good start.

    America spends $15,000,000,000 per black-project aircraft such as stealth bombers. They build fleets of them. And we are supposed to believe that the money some americans legally “hide” in bermuda is such a big bad no-no?

  9. Kathy says:

    Trashing Bermuda, the Bahamas and Switzerland all in the name of bringing these funds back onshore in the USA – hypocrites!!!

    http://www.sott.net/article/313785-There-is-a-God-After-Baron-David-De-Rothschild-indictment-Rothschild-Bank-is-now-under-criminal-investigation

  10. Cayman has 10 times the companies Bermuda has, BVI has 40 times as many and Delaware has 100 times as many corporations. If you want to stash your money outside the US Bermuda is not your domicile of choice

    • The money is in Bermuda, and is not being used to benefit us. We all clap for corporate welfare, but cry holy hell if we feed and care for a homeless person .This is what people are upset about. Does the OBA hear the people of Bermuda? Does the OBA realize that people are ready to put the PLP back in power. WHY? BECAUSE WE ARE NOT LISTENING. That Head vs. Heart talk touched a cord. The people are asking do we feel their Pain, and all we are saying , “IT’s IN THE NUMBERS.” People don’t want to hear that. They want to know what are we doing to help them. We don’t have an answer yet.