While the last Democratic president, Bill Clinton, is on the campaign trail speaking at rallies on behalf of Barack Obama, the last Republican president, George W. Bush, has been missing in action totally this election. He surfaced today, however, in the Cayman Islands where he is delivering the keynote address at a private investment conference.
The press is locked out. A spokesman for the Cayman Alternative Investment Summit says the speech is totally closed to all journalists. Spokesman Dan Kneipp says he is not even permitted to discuss the subject of Bush's speech scheduled for Thursday evening at the Ritz-Carlton. Attendees are paying $4,000 each to get advice at this investment seminar. Sponsors include KPMG, a company that provides tax advisory services, and Deutsche Bank.
What is the conference about? It is about the benefits of using the Cayman Islands to shelter income in order to avoid paying U.S. taxes. How did George Bush become an expert on the subject? Perhaps Mitt Romney gave him some tips.
George Bush is in Cayman Islands talking about tax haven investments - National economic policy | Examiner.com