Premier John Swan fulfilled his pledge to step down as leader of his party after Bermuda voted down a referendum calling for independence from Britain by a margin of three-to-one.TIME's Cathy Boothreports: "There is a growing sense in Bermuda that its problems -- drugs, in particular -- are beyond its control without Britain." Bermudans were also likely concerned that independence might weaken the country economically. The World Bank consistently ranks Bermuda one of the five richest countries in the world. "The voters probably felt that if it isn't broke, so to speak, why fix it?" said Booth.