For weeks now the liberal world media dutifully has been repeating dire threats against so-called “tax havens” from the big spending, high taxing, anti-tax competition likes of Germany’s Merkel and France’s Sarkosy.

Even President Obama allowed his less than impressive Secretary of the Treasury to make some noise against tax havens.

The orchestrated battle of words hurled at offshore financial centers got so heated that British PM Gordon Brown felt obliged to demand for “the end of tax havens.”

This belated anti-tax haven baloney comes from Her Majesty’s first minister whose government is in charge (and has been for a decade) of the United Kingdom’s many tax havens in its overseas territories (Bermuda, the Cayman Islands, British Virgin Islands, the Turks & Caicos) and its Crown Dependencies (the Channel Islands of Jersey and Guernsey and the Isle of Man), plus Gibraltar.

Does the Rt. Hon. Gordon believe that the

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In this portion of the economic cycle, we typically see all sorts of causes and reasons for fault. This time, its no different...br /br /We've seen "the fall of the U.S." theories...br /h1 style="font-style: italic;"span style="font-size:78%;"a href="http://online.wsj.com/article/SB123051100709638419.html"As if Things Weren't Bad Enough, Russian Professor Predicts End of U.S./a/span/h1Its an interesting theory, but pretty light on the substance. This guy fails to take into consideration the actual climate in America.br /br /And of course "the death of free-market capitalism" calls...br /br /a href="http://www.realclearpolitics.com/articles/2008/12/laissezfaire_capitalism_should.html"span style="font-weight: bold; font-style: italic;"Laissez-Faire Capitalism Should Be as Dead as Soviet Communism/span/abr /br /Again, awfully light on substance. Its so easily to rip on free-market capitalism during recessions, but people often forget about the wealth created by capitalism which probably is the reason the writer had a job to begin with. Some like to have it both ways. Its easy to tear down ...