[lentulusgracchus]

Many very wealthy people have left the US because they can no longer stand the incessant encroachments...

I expected the really big yachts to sail in 2008 or 2009, but they're still swinging at anchor in the New York Yacht Club basin (well, except Romney's -- he's Cayman-flagged now)..... for now.

As soon as the Fed's free-money party stops, I expect they'll hoist hook for the Caymans or Vonaire or Bermuda, the latter the favored haven of refuge for some big Hong Kong money as reversion loomed in the late 90's.

Obama can't push through new tax rates without the House, but he can still direct the IRS to write a number of new tax-law interpretations unfavorable to taxpayers, and enforce them with audits. Retroactively to 2009 if need be, claiming "clarification".

[bert]

-——except Romney’s — he’s Cayman-flagged -——

citation please

[Rides_A_Red_Horse]

I expected the really big yachts to sail in 2008 or 2009, but they’re still swinging at anchor in the New York Yacht Club basin (well, except Romney’s — he’s Cayman-flagged now)..... for now.

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I thought it flew the Bahamanian flag.