Originally posted by lazs2
curval... so.... you are under the socialist umbrella but don't have to live under the rules. I would venture to say that you don't pay british tax rates. You are in effect... fantasy island. even the brits realize that there has to be someplace to hide from the bad effects of socialism... just curious tho.... what about America are you being protected against and just how do you think england can protect you agaist us if we wanted to do you harm?
I guess the fantasy island comment IS a fair one...you are right, we pay no British taxes. We are far less socialist than England though...no unemployemnt insurance, no national public health plan, etc etc. We are like Fantasy Capitalist Land.

As to your question regarding protection....
You see, your politicians would love to shut down our island as they are absolutely convinced we do nothing but sit offshore hiding taxes and laundering money. I'm sure it does happen, but the trillions that are laudered in London, New York, Tokyo etc make our island nothing more than an "easy target". Easy that is until Great Britain steps in and says" Hang on there matey...those are our chaps down there...leave them alone."
Also, we need protection from your lawyers.
Invariably some fat drunk American tourist will stub their toe and demand millions in compensation from the local who owns the land upon which his/her toe was stubbed.
But...we are not subject to your laws and we won't even let a high priced ambulence chaser practice his/her "art" here...you must have local representation...and the highest court of appeal under our law is the Privy Council in England.
As to physical protection...well...we really don't need it....not yet anyway.