Looks like George the Younger's tax cuts sure had the desired effect /sarcasm
http://uk.news.yahoo.com/afp/2008071...s-10170b4.html
UBS bank vowed Thursday to stop offering offshore banking services in the US after legislators accused it and other banks of helping wealthy Americans hide about 1.5 trillion dollars in overseas tax havens.
Remember, YOU owe US$ 28000 to other people as your part of the US national debt. So does your 3 year old, so does the kid who delivers the paper, and so does that black guy in New Orleans who is still trying to rebuild his home.
And George has said he believes in a strong dollar, hugely expensive offshore wars, all while inflation is creeping up.
What is this man? A magician? He should read a summary of Course 101 macro-economics.