My how times are changing... you might have heard that UBS has agreed to pay $780 million in fines as part of an IRS investigation into the hiding of money offshore to evade taxes.

What rankles me is the suspicion that from late 2002 to 2007, UBS helped wealthy American clients illegally hide $20 billion, evading $300 million a year in taxes. Math time!

That would be 1.5%.

No wonder our country is in such debt.