. >> ron used to work at the cayman islands. the caymans. sound familiar? the cayman islands. >> we are not going to beat barack obama with someone withing swiss combaing accounts, cayman bank accounts. >> mitt romney supposedly hides his money. >> you know the reputation of the cayman islands. >> people keep telling us it's where rich people go to cheat on taxes. >> there's a little building in the cayman islands over 12,000 businesses claim this building as their headquarters. >> it is monkey business. >> either it is the largest building in the world or largest tax scam. >> you hear it all over the news. >> about the whole -- indiscernible) >> the irs says cayman officials provide all requested information in a timely manner. >> mitt romney pays taxes and all of the money earned from the cayman entities. >> i would say it's pirate heaven. some pirate would go and steal the money. >> that actually doesn't happen because the rules are understandable. >> our laws are so complex even regulators don't understand them. the fcc investigated bernie madoff 6 time

. >> ron used to work in the cayman islands. the caymans. sound familiar?you have assets hidden in the cayman islands. >> we are not going to beat barack obama with some guy who has swiss bank accounts, cayman island accounts. >> the caribbean islands where mitt romney supposedly hides his money. >> you know the reputation of the cayman islands. >> people keep telling us it is where rich people go to cheat on taxes. >> here is a little building down in the cayman islands,. >> over 12,000 businesses claim this building as their headquarters. >> it is monkey business. >> either this is the largest building in the world or the largest tax scam. >> you hear it all over the news. well, about the whole tax haven foolishness. >> look at the gao report. the irs says caymans officials provide all requested information in a timely manner. >> mitt romney pays taxes on all of the money earned from the cayman entities. >> i would think it would be like pirate h heaven. some pirate would go and steal all the money. >> well, that actually doesn't happen because the rules

. >> ron used to work in the cayman islands. the caymans. sound familiar?ve assets hidden in the cayman islands. >> we are not going to beat barack obama with some guy who has swiss bank accounts, cayman island accounts. >> the caribbean islands where mitt romney supposedly hides his money. >> you know the reputation of the cayman islands. >> people keep telling us it is where rich people go to cheat on taxes. >> here is a little building down in the cayman islands,. >> over 12,000 businesses claim this building as their headquarters. >> it is monkey business. >> either this is the largest building in the world or the largest tax scam. >> you hear it all over the news. well, about the whole tax haven foolishness. >> look at the gao report. the irs says caymans officials provide all requested information in a timely manner. >> mitt romney pays taxes on all of the money earned from the cayman entities. >> i would think it would be like pirate h heaven. some pirate would go and steal all the money. >> well, that actually doesn't happen because the rules are un

. >> ron used to work in the cayman islands. the caymans. sound familiar?you have assets hidden in the cayman islands. >> we are not going to beat barack obama with some guy who has swiss bank accounts, cayman island accounts. >> the caribbean islands where mitt romney supposedly hides his money. >> you know the reputation of the cayman islands. >> people keep telling us it is where rich people go to cheat on taxes. >> here is a little building down in the cayman islands,. >> over 12,000 businesses claim this building as their headquarters. >> it is monkey business. >> either this is the largest building in the world or the largest tax scam. >> you hear it all over the news. well, about the whole tax haven foolishness. >> look at the gao report. the irs says caymans officials provide all requested information in a timely manner. >> mitt romney pays taxes on all of the money earned from the cayman entities. >> i would think it would be like pirate h heaven. some pirate would go and steal all the money. >> well, that actually doesn't happen because the rules

. >> ron used to work in the cayman islands. the caymans. sound familiar?have assets hidden in the cayman islands. >> we are not going to beat barack obama with some guy who has swiss bank accounts, cayman island accounts. >> the caribbean islands where mitt romney supposedly hides his money. >> you know the reputation of the cayman islands. >> people keep telling us it is where rich people go to cheat on taxes. >> here is a little building down in the cayman islands,. >> over 12,000 businesses claim this building as their headquarters. >> it is monkey business. >> either this is the largest building in the world or the largest tax scam. >> you hear it all over the news. well, about the whole tax haven foolishness. >> look at the gao report. the irs says caymans officials provide all requested information in a timely manner. >> mitt romney pays taxes on all of the money earned from the cayman entities. >> i would think it would be like pirate h heaven. some pirate would go and steal all the money. >> well, that actually doesn't happen because the rules are

. >> he used to work at the cayman islands. the caymans sound familiar? assets in the cayman islands. >> we are not going to beat barack obama with cayman island accounts. the caymans in those caribbean islands where mitt romney supposedly hides his money. >> you you know the reputation of cayman islands. >> where people go to cheat on taxes. >> 12,000 businesses claimed this building as their headquarters. either this is the laggest building in the world or the largest tax scam. >> you hear it all over the news. the whole foolishness. look at the report the irs says cayman officials provide all requested information in a timely manner. >> mitt romney pays taxes and all of the money earned from cayman entities. >> i would say it is pirate heaven. they would come and steal all of the money. >> that doesn't happen. the rules are understandable. >> our laws were so complex even regulators dune stand them. the fcc stopped bernie madoff 6 times. >> bernie madoff wouldn't have gotten away in cayman what we did in the u.s. remember the solution after the enron s

. >> ron used to work in the cayman islands. the caymans. sound familiar?ve assets hidden in the cayman islands. >> we are not going to beat barack obama with some guy who has swiss bank accounts, cayman island accounts. >> the caribbean islands where mitt romney supposedly hides his money. >> you know the reputation of the cayman islands. >> people keep telling us it is where rich people go to cheat on taxes. >> here is a little building down in the cayman islands,. >> over 12,000 businesses claim this building as their headquarters. >> it is monkey business. >> either this is the largest building in the world or the largest tax scam. >> you hear it all over the news. well, about the whole tax haven foolishness. >> look at the gao report. the irs says caymans officials provide all requested information in a timely manner. >> mitt romney pays taxes on all of the money earned from the cayman entities. >> i would think it would be like pirate h heaven. some pirate would go and steal all the money. >> well, that actually doesn't happen because the rules are un

. >> ron used to work in the cayman islands. the caymans. sound familiar?ve assets hidden in the cayman islands. >> we are not going to beat barack obama with some guy who has swiss bank accounts, cayman island accounts. >> the caribbean islands where mitt romney supposedly hides his money. >> you know the reputation of the cayman islands. >> people keep telling us it is where rich people go to cheat on taxes. >> here is a little building down in the cayman islands,. >> over 12,000 businesses claim this building as their headquarters. >> it is monkey business. >> either this is the largest building in the world or the largest tax scam. >> you hear it all over the news. well, about the whole tax haven foolishness. >> look at the gao report. the irs says caymans officials provide all requested information in a timely manner. >> mitt romney pays taxes on all of the money earned from the cayman entities. >> i would think it would be like pirate h heaven. some pirate would go and steal all the money. >> well, that actually doesn't happen because the rules are un

we're talking about swiss bank accounts and the cayman islands.ney knew he was going to be running for president. he has been essentially running for president for six years. why didn't he take care of the swiss bank account issue and the cayman island accounts before that. >> michael, i have an answer, if you're saving millions of dollars by having a swiss bank account it's a little hard to let it go. by the way--you're saving that money by being a tax cheat, by the way. diane sawyer asked the romneys again if they had an issue relate together average voter. let's watch that. >> are you too rich to relate? >> we don't divide america based upon success and wealth and other dimensions of that nature. we're one nation under god. we come together. >> so you think it's a relatability question? >> i think people want to have a president who knows how to lead, who knows how to create jobs, who can get our economy creating the jobs it should so we can see rising incomes again. they want a president who will stop the massive deficits that threaten the fut

during the heart of the winter vacation season, local tv producer jerry cayman follows the sounds ofs to the moi hole and takes his camera out to record the scene. >> moi hole is very treacherous. the rocks alone, which are all lava rocks are razor sharp. cayman quickly learns a tourist that was sightseeing and posing for pictures with a friend has been knocked off this cliff by a rogue wave. a rescue is under way to save the man trapped inside the cave. >> whomever was trapped inside the cave was too scared to come out. and quite frankly, we thought the poor by quasi-going to drown. >> a crowd gathers. the situation looks grim. no one is sure if the trapped tourist who has been identified as hugh alexander is still alive. >> they're yelling down below. can you hear us? are you okay? can you hear us? yell back at a us. no answer. we all assumed the poor guy was dead. we were waiting for a body to come up. >> from the same spot hugh was swept off earlier waves continue to smash over the rocks, putting everyone here at risk. alexander appears for the first time in a desperate attempt t

over a quarter of billion dollars, some of which was hidden in swiss bank accounts,ber mu man, the cayman islands. ifif you don't have anything to hide why not put them in different places here in america. let's talk about how there has been this enormous inequality between the rich and the rest of us and lou they're treated. interesting numbers from an article here. i'll show you how the top 400 tax payers have seen their incomes rise and their tax rates fall. from 1992 to 2007 it has nearly quadrupled. 392 percent their income has gone up. the average tax rates which you would also think would go up wrong. it went down 37%. people say, why are these guys who are making so much money are paying less and less in taxes? it gets worse. the bush tax cuts in a were renewed in 2010, they go disproportionately to the rich. do you see these here? this is the bottom fifth, the third fifth, you almost can't see it. this is the benefits of the tax cuts for those brackets. what are you looking at here? the amount of money that is going to the top not 1% but .1%. they're getting the average on averag

last week a royal caribbean cruise ship rescued the man from their disabled crap near the cayman islands. a half dozen sharks were spotted circling the boat near the rescue. the refugees say they were headed to honduras three weeks ago when the engine died. new research find a link between tax day and deadly crashes. they found over the last three decades an average of 13 more people died on tax days compared to the two weeks before and after the deadline. the authors say one of the reasons might be the stress of tax stray distracts the driver's >> the new wal-mart in the south bay expects a big turnout today for store opening. it opens its doors at 730 at it's new location by the allman and expressway. san jose location hired 250 new workers. shoppers showed up yesterday to see new workers stocking shelves, prepping cash registers. in the works, this the second wal-mart supercenter. the company has faced criticism for its resistance to unions. former workers say it has pushed wages down. all wal-mart workers say they don't need to join the union >> the average associate who works in the

and it might be more since mitt hides some of his points in the cayman islands. (laughter) well, folks, i for one know why america is jumping on the romney bandwagon. or at the very least being tied to the top of it. people are finally starting to learn how warm and down to earth mitt really is thanks to this interview with diane sawyer. >> who's funnier, you or senator barack obama >> i have no idea how funny he is in real life. and people don't know me tearbly well from the kinds of prank wes play and what it's like in a home with five boys but most of our dinner table events were involving humor of one kind or another. (laughter) most of which can't be repeated on the air. (laughter) >> yes, at his dinner table events he involved humor of one kind or another. often producing warmth and feelings of electability. (laughter) i think we can all relate to how humor is enjoyable. for instance when someone discards the casing of a yellow skarjy fruit on the floor and someone else who is not you comes along and perhaps-- ethnic minority, let's say-- and slips causing

and when you talk about cayman islands and swiss bank accounts, that also alludes to this idea that someone'sg. it's a good message frame for them in any number of ways, not the least of which this idea of fairness and income inequality, and that romney is essentially running to be president on a platform that says, hey, i want to keep my tax breaks. i mean, that's essentially what the republicans are going to have to continue to defend, is that he deserves to continue to pay a lower tax rate than most of us. and so that's going to put them on the defense on these issues. that's what the democrats are hoping. >> and ezra, beyond tax returns, "the washington post" tom hamburger delivered a really disturbing report about romney's assets and his ability to even within the disclosure requirements for a candidate for president, in the so-called full disclosure, he's able to hide tremendous amounts of his actual assets and we will never know what he actually owns through the assets he owns through bain capital. that seems to me to be as strange a situation for a presidential candidate to find himse

. >> then i'll divert my investment income to the cayman islands.(laughter). >> jon: i'll penalize offshore assets. >> well then i'll divert my assets back to the united states and put them into a media company. viacom sounds good. (laughter) i'll use my controlling interest to make some personnel changes on their mtv network property comedy central. (laughter) then i will blimp crush your home. >> jon: what? >> and then i'll have you murdered. >> jon: what? >> what? blub, blub, blub,ky can't hear you over my stationary blimp. >> jon: hodgeman, that's illegal. >> jon, it doesn't matter what washington democrat throws at us, we'll swat it away. when all else fails i'll divert it to what we rich people call the last refuge of scoundrels, charity. (laughter) i'd reroute my millions through my nationwide met work of animal shelters. >> jon: at least there it does some good. >> jon: yes, good. for me. see i convert my taxable income into gold then grind it up into flakes and put them in the suspension of pure cinnamon this naps which i then feed to retir

the cayman significantly under engineers estimates again. when we previously reported to you, that is a trend we have seen since 2008. we have seen very good bids in very low interest rates, and that has been very helpful for ratepayers. the issue before you includes three parts for main pricing. reimbursement bonds of $17 million for reimbursement of expenses reoccur for the mitchell's case and the refunding of bonds that were previously issued about 10 years ago. wheat -- the only refund bonds are issued when there is a savings for ratepayers and are required under policy to make sure there is at least a 3% savings for those. the estimated borrowing costs are between 4.5% to 5 percent signed, but i would not be surprised if we did better than that. authorizations are the same they have been in the past. the majority of the proceeds going for project construction. we have either completed or have under construction right now over $3.3 billion worth of the 4.6 billion, so we are only borrowing money when we need it to refund water commercial

two words we'll hear the a lot in the presidential campaign, cayman islands against mitt romney becausehat makes people feel like, why is he doing this thing? he is reallynnected. chris: why is he sending his money overseas? has he got something big to de? >> i don't know but it's soting with voters. katty? >> one word you're not going to hear very much is europe, but rearing its ugly head again. the government in netherlands fell, the government in france it's about to fall, spain went back into recession. the white house hoped the oblem went away but it looks like it cou cause problems in november. chris: and the u.k. is in its second dip. helene, you had a personal story in the front page of the "new york times" this frida >> i wrote about -- this was ter the conviction on thursday of charles taylor, former president of liberia, of war crimesn the hague. he was convicted o w crimes in sierra leone, though, interestingly enough and i waed to point out that before he did any of the atrocities he committed in sierra leone, ivory started outinea, he in liberia where what he did there was

cayman islands account. they'll have nothing of that. them they just filed for an extension for another six months. >> six months puts you in the it it middle of the campaign. is there a danger in that? >> they want this out far before october. look for that return to be released sometime over the summer. >> and the comments from the democratic strategist who said mrs. romney never worked a day in her life. we saw the rock star welcome on the campaign trail. viewers writing in on both sides, this is what i heard on facebook. if she wants to talk about racing children, that's fine. she has no experience of racing cheld dren and providing for their support. the entire family is totally out of touch with the middle class. on the flipside. it's a blessing for a mom to stay home and race cheld dren if one can afford to. and for anyone to claim that's not work i beg to differ. >> they're being hit for being out of touch with middle class voters no matter what. they love this issue, they are already putting out bumper sticker, anyone that donat