The One-Percent Solution

Located within sight of Cuba (it doesn't even require Palin-vision) the Cayman Islands are famous for a few things.

*Lovely tropical weather
*Beautiful beaches
*Availability as a a tax-haven from for multimillionaires so they don't have to pay taxes in their native countries.

 Especially one like Mitt Romney.

In addition to paying the lower tax rate on his investment income, Romney has as much as $8 million invested in at least 12 funds listed on a Cayman Islands registry. Another investment, which Romney reports as being worth between $5 million and $25 million, shows up on securities records as having been domiciled in the Caymans.

Like most Americans, the closest an investment of mine has come to the Caribbean is a Bob Marley CD  and a bottle of Captain Morgan. But it isn't "socialism" and Romney is a Republican; so it is just fine, moral -- and in another country.