The irony of the ABC News report that Mitt Romney's campaign held a Tampa fundraiser on a Cayman Islands-flagged yacht was absolutely delicious, but it couldn't be that simple. Shortly after ABC News showed a screenshot of the yacht with what looked like a Cayman flag in a Web report accompanying a broadcast by Brian Ross, the conservative Washington Free Beacon joined ABC's commenters in calling out the newscast for mixing up its flags, saying that the yacht, Cracker Bay, was flying a Bermuda flag, not a Cayman one. This was even more delicious, it seemed: Brian Ross, of the Aurora shooter tea party screw-up, strikes again! But that, too, isn't so cut and dried, as the Beacon later acknowledged in a correction: "Upon further review, there are in fact multiple Cayman Island flags, and it appears that the original report by ABC News’ Brian Ross correctly identified the flag flying on the boat in question."
The irony here is that Romney has been criticized for using the Cayman Islands as a tax shelter, of course, but even if it had turned out that the flag was from Bermuda, the irony stands because Romney has been criticized for doing the same thing in Bermuda.
Just going from the ABC News photo, one could make a case that the yacht may have been flying either flag. While the Cayman Islands land flag looks pretty different from Bermuda's flag, the Cayman civil ensign, which nonmilitary boats fly, is very similar. The main distinguishing characteristic between the Bermuda national flag and the Cayman Islands civil ensign is the coat of arms on the red field, which in ABC's screenshot can't be made out. But as Daily Intel's Joe Coscarelli notes, the yachting website Charterworld reports Cracker Bay as flagged in the Cayman Islands.
While Cayman's is blue:
But the Cayman civil ensign, flown by nonmilitary boats registered in the Cayman Islands, looks pretty similar to Bermuda's flag: