WeblogBahamas.com

WeblogBahamas commenter upset. We recant.

by Rick Lowe "G", as s/he signs his/her comments, is annoyed that I stopped the comments to Dr. Machan's essays, Lessons in Freedom. I took this action based on the fact that while Dr. Machan gave permission to reprint his essays here, he cannot answer comments, and I do not... Read more →

Economic Freedom and The Bahamas

by Rick Lowe According to the Fraser Insitute's, Free The World.com project: "Economic freedom has been shown in numerous peer-reviewed studies to promote prosperity and other positive outcomes. It is a necessary condition for democratic development. It liberates people from dependence on government in a planned economy, and allows them... Read more →

The universal 5 C's of Credit in The Bahamas and twitching in very private places.

by Rick Lowe This recent post about banks in The Bahamas becoming more restrictive with their credit requirements, reminded me of the 5 C's of Credit. When I worked for CIBC, I was taught the 5 C's are: 1. C Capacity (Sufficient cash flow to service the debt) 2. C... Read more →

Traffic lights in Nassau, New Providence, Bahamas

by Sidney Sweeting, DDS The issue of malfunctioning traffic lights on the island of Nassau has been a concern for a lot of us in the past couple of years. Regardless of how much we have called and written about it, the situation has grown progressively worse. Some lights have... Read more →

Lessons in Freedom: Futility of Egalitarianism

by Tibor R. Machan The ancient Greek myth of Procrustes’ bed has it that the bed had the attribute of being exactly as long as anyone who lay down on it. Procrustes didn't disclose to his guests his scheme that those who lay down on this extraordinary bed got manipulated... Read more →

The Six Miracles of Socialism

With Socialism on the rise once again, these points are worth considering: 1. There's no unemployment, but nobody actually works. 2. No one works, but everyone gets paid. 3. Everyone gets paid, but there's nothing to buy with the money. 4. No one can buy anything, but everyone owns everything.... Read more →

Lessons in Freedom: "Gifts" from Government

by Tibor R. Machan It was as if President Bush became Santa Clause. An MSNBC-TV anchor announced that the president signed into law a bill that extend unemployment compensation payments to jobless Americans and said, without flinching, that this is "good news." Only mainstream nonpartisan media can carry this off.... Read more →

What's with the Tribune? The Bahamas leading newspaper and filler stories.

by Sidney Sweeting, DDS Two articles in the Tribune recently, one last week and the other this morning (November 26th) has made me wonder if the Tribune is now placing nonsense articles just in an effort to fill space. One would think that there is enough significant news that this... Read more →

Banks in The Bahamas too restrictive with credit?

by Rick Lowe Your not so humble blogger received a call from The Nassau Guardian on Monday, November 24, 2008 regarding the apparent restrictive lending policies recently implemented by the banks. The question was something to the effect of whether or not I thought this practice is fair. My understanding... Read more →

What can The Bahamas do about poverty?

Ever wondered what we can do about poverty? Well Dr. Walter Williams provides some food for thought. He tells us: "Academics, politicians, clerics and others always seem perplexed by the question; why is there poverty? Answers usually range from allegations of exploitation and selfishness to slavery and colonialism and other... Read more →