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WeblogBahamas
Nassau N.P. Bahamas
Human Action...Not Political Design
Interests: Reading, Economics, Jogging,
Recent Activity
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by Adrian Gibson YET again, the Bank of the Bahamas’ (BOB) corporate governance is requiring more scrutiny with the bank’s partnership with the Brickell Management Group, the management company for Venetian West, which is a gated community development purportedly headed by Island Luck owner Sebas Bastian. According to representatives of... Continue reading
Posted 7 hours ago at WeblogBahamas.com
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by Adrian Gibson It appears that PM Perry Christie recently made comments that are indicative of a plan to deviate from the comprehensive national health insurance scheme that was planned and touted during the 2012 general election campaign. According to the PM, the implementation method is yet to be decided.... Continue reading
Posted yesterday at WeblogBahamas.com
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Sir, I regularly write a Christmas letter to friends around the world concerning happenings in our beloved Bahamas during the year. This year I wonder if I may offer a couple of excerpts for your ”tell it as it is” blog, just to ensure we keep topical items well in... Continue reading
Posted yesterday at WeblogBahamas.com
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by Adrian Gibson It seems that the Constitutional Referendum may never happen, since the Christie administration appears intent on throwing the Opposition under the bus having read the tea leaves and apparently concluding that it is unlikely—at this juncture—that the constitutional reform bills will be passed in a public vote.... Continue reading
Posted 2 days ago at WeblogBahamas.com
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"Parliament is the ultimate partisan instrument, and both sides of the house play it like a tattered violin for whatever petty advantage they can get out of it." Rex Murphy "the House of Commons is never quite so popular, as when it's closed." Rex Murphy With all the troubles facing... Continue reading
Posted 3 days ago at WeblogBahamas.com
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by Richard Coulson Now that the dust is slowly settling since the hastily called press conference on October 31, we can see more clearly what happened and what it means for the future. The Government “bail-out” of Bank of The Bahamas (BoB) must be called just that. Although no cash... Continue reading
Posted 4 days ago at WeblogBahamas.com
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Some of our dear friends in Canada, The Scotts, sent us a copy Gerald Hallowell's new book, The August Gales. We got to know Gerry through them and it is always a pleasure to see him. In fact we visited him in Lunenburg, Nova Scotia several years back. In case... Continue reading
Posted 5 days ago at WeblogBahamas.com
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Who contributed most to blues music, after all B.B. King is still alive and well, and touring, but there is no doubt Willie Dixon was one of the blues masters. Here's a brief bit from his web site about him: "Willie Dixon has been called “the poet laureate of the... Continue reading
Posted 5 days ago at WeblogBahamas.com
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He's spot on. Watch the video including the quote here... What ever happened with our government's going green initiative? More... Continue reading
Posted 6 days ago at WeblogBahamas.com
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"Throughout the history of the world, the average person on earth has been extremely poor: subsisting on the modern equivalent of $3 per day. This was true until 1800, at which point average wages—and standards of living—began to rise dramatically. Prof. Deirdre McCloskey explains how this tremendous increase in wealth... Continue reading
Posted 6 days ago at WeblogBahamas.com
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by Adrian Gibson Quite honestly, I support Foreign Affairs and Immigration Minister Fred Mitchell and his plan to implement a new immigration policy. I think such an initiative is long overdue and I believe that Mitchell would bring a measured approach to resolving some of the concerns with illegal immigration... Continue reading
Posted 7 days ago at WeblogBahamas.com
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At Tuesday's meeting of the minds at the Bahamas Institute of Chartered Accountants (BICA), according to Tribune Business reports, Mr. James Cercone, a consultant with Sanigest International, "designers" of the latest incarnation of a National Health Insurance Scheme for The Bahamas, projects lots of savings for consumers and the government... Continue reading
Posted Nov 14, 2014 at WeblogBahamas.com
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by Adrian Gibson I GREW up on the best place on earth — Long Island. I have long thought that our great island — for me, the greatest island in our archipelagic chain — has become a forgotten outsider. That has saddened me, particularly during my countless visits to Eleuthera,... Continue reading
Posted Nov 12, 2014 at WeblogBahamas.com
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by Adrian Gibson THE Bank of the Bahamas (BOB) fiasco is a national disgrace and rational, reasonable Bahamians cannot help but wonder how that BISX-listed institution’s loan portfolio could become such a shameful mess with the accrual of hundreds of millions of dollars of non-performing loans. The bank can only... Continue reading
Posted Nov 11, 2014 at WeblogBahamas.com
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The Bahamas sought independence from Great Britain, I believe, with the best of intentions. The majority of Bahamians were not able to participate fully in society and deserved the right to do so. Fast forward to 2014, how things have changed. The majority of Bahamians believe they cannot participate fully... Continue reading
Posted Nov 10, 2014 at WeblogBahamas.com
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Included with many other excellent tunes on CBC's compilation double CD, Saturday Night Blues - 20 Years is Pickett's gem, Rosalee. If you've never heard of him, his web site says his music is a "unique fusion of sensibilities, driven by his thumping delta guitar rhythms, muscular harmonica and gravel... Continue reading
Posted Nov 10, 2014 at WeblogBahamas.com
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A destructive tax policy Sir, Recently I met a gentleman who is a Bahamian Permanent Resident, who hails from one of the Benelux countries – for those who never studied European geography – Benelux is the encompassing name given to the three smaller European nations: BElgium, NEtherlands and LUXembourg. This... Continue reading
Posted Nov 9, 2014 at WeblogBahamas.com
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Well the quick and dirty is it all began when the PLP Government abandoned the Currency Board System of disciplined government borrowing and created the Central Banking System in 1974. Add corruption and wonton waste of tax dollars and, voila! Welcome to your nightmare! But don't take my word for... Continue reading
Posted Nov 8, 2014 at WeblogBahamas.com
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by Adrian Gibson THESE days, maniacal criminals are increasingly using guns as their weapon of choice as they disrupt the serenity of our once tranquil islands, going on murderous rampages, robbing families of loved ones and callously committing heinous crimes with no regard for the law. That said, it is... Continue reading
Posted Nov 6, 2014 at WeblogBahamas.com
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"The Ranfurly Homes for Children is holding the First Annual LOVE THAT CHILD Walkathon and Fun Run to raise funds for the day to day running of Ranfurly Homes for Children which costs approximately $10,000 per week. "Hosted by: The Rotaract Club of East Nassau "Registration: "Register at the Sports... Continue reading
Posted Nov 5, 2014 at WeblogBahamas.com
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by Richard Coulson The recent news that the Bank of Bahamas (BoB) has been rescued by the Government in a classic bailout was inevitable, the only practical measure available at this late date. But that is far from the end of the story. The scandalous element is the Prime Minister’s... Continue reading
Posted Nov 4, 2014 at WeblogBahamas.com
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When truth is stranger than fiction. Apparently responding to concerns expressed by the Governor of the Central Bank of The Bahamas recently, the government has set up a new corporation to remove $100 million in bad debts from the books of the Bank of The Bahamas and provide deposits of... Continue reading
Posted Nov 3, 2014 at WeblogBahamas.com