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As you may have noticed, I’ve been working to migrate away from Typepad and towards a self hosted copy of WordPress. I am hoping that I managed to migrate all of the images while maintaining existing links. Unfortunately I... Continue reading
Posted Mar 7, 2012 at 21 Square
With their support of the personal duty hike retailers are stubbornly creating the exact opposite environment they desire. All they're doing is increasing the competitiveness of local import firms, not decreasing it. Today, it's a huge hassle to buy online,... Continue reading
Posted Feb 28, 2012 at 21 Square
Here's my impromtu budget wishlist to get our economy back on track. Reintroduce growth Eliminate term limits Relax work permit requirements for skilled jobs traditionally unfilled by Bermudians Eliminate red tape and delays in work permit approval process Cut payroll... Continue reading
Posted Feb 24, 2012 at 21 Square
“Home buyers saddled with debt as repossessions continue”. Sigh… this was all sadly predictable years ago. What happens if you combine a weakening global economy with off-shoring of local jobs and a rapidly softening local housing market? A weakening global... Continue reading
Posted Feb 22, 2012 at 21 Square
It is very frustrating to watch as retailers come out blaming online purchases for the decline in retail sales when it is quite likely it could largely be attributed to the decline in the number of non-Bermudian workers. Let’s follow... Continue reading
Posted Feb 21, 2012 at 21 Square
Government claimed that the airport duty hike to 35% was to protect retailers. The above chart pulled from the retail sales index reports demonstrates that this is an unfounded argument. If overseas purchases were the cause for retail sales declines... Continue reading
Posted Feb 19, 2012 at 21 Square
It is with sadness and regret that I learned of the unfortunate passing of cousin Sean at such a young age. It is never easy losing someone of strong character and is only made worse when they’re family and dedicated... Continue reading
Posted Feb 7, 2012 at 21 Square
The Bermuda Chamber of Commerce’s Retail Division has come out suggesting a standardized 25% duty rate for personal imports. This move won’t be well received by many and could spell a death knell for the buy Bermuda campaign. Standardizing duty... Continue reading
Posted Jan 22, 2012 at 21 Square
Bermuda reached it’s peak when insurance was still in it’s infancy. A time when Bermuda was filled with startups flush with cash. Today, the industry is saturated and many of the now dominant firms spend far more time worrying about... Continue reading
Posted Nov 7, 2011 at 21 Square
Are there lessons to be learned in the Greek crisis for Bermuda, should we continue our trend towards financial insolvency? Greek Prime Minister Papandreou’s call for a referendum on the country’s bailout package could be a brilliant political move, if... Continue reading
Posted Nov 3, 2011 at 21 Square
Sunday shop opening restrictions should be changed so that shops can open with the only restriction being that they can’t force people to work on Sundays. If they have or can hire staff willing to work Sundays, let them be... Continue reading
Posted Oct 8, 2011 at 21 Square
The PLP are masters at popular policy while the OBA are masters at rational policy, the problem is that in recent history, popular has won more favor. The OBA recently announced their economic policy, which really seems like the UBP’s... Continue reading
Posted Oct 7, 2011 at 21 Square
Congratulations Craig Cannonier on being elected as the soon to be leader of the opposition. Now what? Mr. Cannonier needs to show the people that there is action behind his big words. He needs to deliver on his claims that... Continue reading
Posted Sep 11, 2011 at 21 Square
The UBP’s legacy isn’t the problem. The problem is that people have lost confidence in our leadership. If the OBA wants to succeed they need to focus on regaining confidence, not new names, faces and radical new leaders. The OBA... Continue reading
Posted Sep 7, 2011 at 21 Square
Regarding my previous post Monaco style exemption zones could rejuvenate our economy Kathy writes: Sounds like another Jamaica in the making. Shove some Monaco type high wealth individuals behind a guarded gate at Southside and make sure the shanty towners... Continue reading
Posted Sep 6, 2011 at 21 Square
In the mid 1930s Sir Henry Tucker discovered that exempting foreign dealing companies from Bermudian ownership restrictions could create wealth and prosperity for Bermudians. Today, as our debts have grown and we face prospects of a prolonged local recession can... Continue reading
Posted Sep 6, 2011 at 21 Square
One of the big complaints waged against the old UBP was that while they preached a colorblind approach to racism though in practice they had primarily black candidates and seemed to push unqualified black candidates to the forefront. It struck... Continue reading
Posted Sep 2, 2011 at 21 Square
Union officials don’t seem to get it, businesses can’t simply hire if there is no demand for their services. How do we know there is less demand? Well, let’s look at estimates of consumption of non-Bermudian households shall we? We’ll... Continue reading
Posted Sep 1, 2011 at 21 Square
Remember back in 2009 where we examined the impact of expatriate job growth on housing demand? Let’s revisit that shall we. Recall that we used data from the 2000 Census to approximate the number of non-Bermudian households as a percentage... Continue reading
Posted Sep 1, 2011 at 21 Square
Forget Beyoncé, the Grand Slam, the Love Festival and other failed ventures we’ve thrown too much money at. Bring back College Week. College week proved to be one of our most successful tourism promotions. College students would come over the... Continue reading
Posted Aug 31, 2011 at 21 Square
“benevolent meddling is harder than it looks” – Heidi Moore The Grand Atlantic condo development serves as a concern. Our leadership seemed so desperate to deliver on promises of “affordable” housing that they may have overextended themselves. While the intentions... Continue reading
Posted Aug 16, 2011 at 21 Square
The OBA battling the PLP on rhetoric is reminicent of bringing a knife to a gunfight. Mr Dunkley defended his stance on the EEZ extension, saying: “My colleagues and I have listened to the people and we share their concern... Continue reading
Posted Aug 4, 2011 at 21 Square
Alongside their proposed 10% ministerial pay cut, the One Bermuda Alliance should pledge to put any future minister salary increases to vote by the people. It is to their advantage to do so as it provides assurances that the cut... Continue reading
Posted May 29, 2011 at 21 Square