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Politics : Don't Blame Me, I Voted For Kerry

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To: Lizzie Tudor who wrote (2163)2/13/2004 3:37:13 PM
From: PROLIFE of 81568
 
LOLOL--Newsweek running it Kerry cannot deny it, yet you ignore it...I see you HAVE thrown your panties on Kerry's stage!!!

Now the latest edition of Newsweek has revealed that in 2002 the conversion and sale of up to a million dollars of stock in Ingersoll-Rand made between $100,000 and $200,000 after stock rose in price following the company's move to Bermuda. In an article in this week's edition headlined “The Wedge War”, Newsweek looks into the general election campaign and with it how the Kerry camp is faring.
It said of his bid: “And oppo (opposition) types will undoubtedly focus on family financial transactions. One such deal involves the conversion and sale in 2002 of up to a million dollars of stock in Ingersoll-Rand. It was a profitable sale - netting from $100,000 to $200,000 - of a company whose balance sheet was boosted by its decision to move its headquarters offshore to Bermuda.
“So what? Well, one of Kerry's best applause lines is his pledge to end tax breaks for what he calls ‘Benedict Arnold' firms that move offshore - to places such as Bermuda.

theroyalgazette.com
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