Reply to Romney Holds Party for Top Donors on Bermuda-Flagged Yacht

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[quote=jsteele]http://abcnews.go.com/Blotter/romney-party-yacht-flies-cayman-islands-flag/story?id=17105028#.UD5WUEIQh97

The story says the yacht is Cayman Island flagged, but it's clearly a Bermuda flag.

"Gov. Mitt Romney's campaign toasted its top donors Wednesday aboard a 150-foot yacht flying the flag of the Cayman Islands" (Actually Bermuda)

"I think it's ironic they do this aboard a yacht that doesn't even pay its taxes," said a woman who lives aboard a much smaller boat moored at the St. Petersburg Municipal Marina."

I think there is something very telling that Romney, a man who knows his way around a foreign tax haven, would host his top donors -- individuals who likely have a similar familiarity with foreign tax havens -- on a yacht bearing the flag of a foreign tax haven.  I can imagine Romney standing onboard the Bermuda-flagged boat giving a rousing speech in which he accuses President Obama of not understanding America and/or believing in American exceptionalism. But, no surprise that a businessman who pioneered off-shoring also off-shores his parties.
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