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Sunday, April 24, 2011

Forget about Libya: Let's invade the Caymans! http://jpstillwater.blogspot.com/2011/04/forget-about-libya-lets-invade-caymans.html

If you were to look in the dictionary for a definition of the word "loot," you would find the following: "Goods usually of considerable value taken in war". But no matter how you get your hands on it, loot is still loot. According to Merriam-Webster, when nations seize loot, it is called war. However, when individuals seize loot, we call them pirates. But sometimes nations can act like pirates too. Merriam-Webster also defines the word "loot" as "something appropriated illegally often by force or violence

." Even nations can do that! And if your nation is bound and determined to act like a pirate, then might I suggest that it follow Captain Jack Sparrow's excellent example and go off to the Caribbean to do its plundering, right?According to journalist Nicholas Shaxson, author of "Treasure Islands: Uncovering the Damage of Offshore Banking and Tax Havens," there are anywhere between ten and 20 trillion U.S. dollars sitting offshore at the moment.

"Half of world trade is processed in one way or another through tax havens. It's all around us, and it's absolutely huge." http://www.democracynow.org/2011/4/15/offshore_banking_and_tax_havens_have (an absolute Must-Read if you want to understand American politics and economics today). And many of these huge "offshore" holdings are located in the Caribbean. Good to know!Of course plundering Libya does have its good points, I'll be the first to admit. By sacking and pillaging its oil-producing cities for their loot, there is much swag to be had -- especially if you are working for BP.

However, dollar for dollar, the Cayman Islands have much more loot to offer than almost anywhere else in the world -- and I'm not just talking about some eye-popping booty here either. Unlike Libya, the Cayman Islands are also offering a really first-class place to invade.Just imagine all those billions and trillions of dollars stored in the bank vaults at Georgetown, just lying there waiting to be had. And them thar hearty treasures are easy pickings too -- because the Caymans, unlike Libya, doesn't even have an army to defend itself. 

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