Randall Lane on the $20 billion loophole not even the fat cats will defend.
He even praises the Bush administration for closing a loophole in capital adequacy rules in 2001.
I found the loophole, cheated cancer, and rediscovered the pleasure of martinis.
also loop-hole, mid-15c., from Middle English loupe "opening in a wall" for shooting through or admitting light (c.1300), perhaps related to Middle Dutch lupen "to watch, peer;" + hole (n.). Figurative sense of "outlet, means of escape" is from 1660s.