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Obama, Bermuda, and America
I probably want Obama to win overall, but let's think about these companies in Bermuda for a minute. Does Obama realize that they employ thousands of Americans, many of those American employees actually live in Bermuda to work for the company? Does he realize that by closing this law and effectively shutting down these companies that he would in fact put thousands of Americans out of jobs? He'd force thousands of Americans to uproot their families and move their entire life?
Offshore taxes aren't the problem. If companies aren't saving on taxes here, they'd save on them somewhere else. I'm sure companies would find plenty of writeoffs if forced to move out of Bermuda. This is not the answer, and it's such a petty catch phrase to use in this war for the white house.
Check your history, Bermuda has been an important ally since before the Revolution. During the Revolution the British would store arms here, and Bermudians would turn around and give those arms to the colonists. Don't mess with Bermuda.