I'm not sure I agree with that. Especially when you consider Swiss banking history and their willingness to hide money for just about anyone.

Obama is in a tight spot. Tax revenues are _way_ down. The U.S. not only needs to pay for ongoing costs, but for bad debts in our economy. Offshore private banking should have been stopped long ago, before it started. Would Obama be going after them so hard if the U.S. was not in such a tight spot? Its hard to say as its always a hard call to go after this level of wealth. At this point, I think he has little choice.

I hope that you don't agree the idea that people don't have to pay taxes because they disliked Bush. It's insane.

I don't understand this statement in connection to your first one.

I think its fine for people to take a stand for political reasons but not necessarily insane. That is not what has happened here. If they did not like Bush, they had 8 years to pull out of the U.S. when Bush was in office. They did not. They pulled out when Obama's attorney general started going after clearly illegal tax evasion.

I am not happy with the fact that I will be paying for the rest of my life for the costs of Bush's spending. You do understand how much the national debt and credit exposure rose during his terms, don't you? You do understand that "no new taxes" generally gets interpreted as "we'll silently create new debt"? I am highly conservative when it comes to money. I pay as a I go, and encourage others to do the same.