WeblogBahamas.com

In Capitalism, Nice Guys Finish First

by Aaron Tao This article was originally published on FEE.org. Read the original article. Capitalists get a bad rap for being greedy and ruthless, but John Mackey shows another way. "We need to discover anew what makes free-enterprise capitalism what it has been: the most powerful creative system of social... Read more →

This Is Why Duels Existed

This article was originally published on FEE.org. Read the original article. by Jeffrey Tucker The point was to contain the carnage that results from violent conflict. North Korean dictator Kim Jong-un has called Trump a “mentally deranged U.S. dotard,” a “frightened dog,” a “rogue,” and a “gangster.” This is his... Read more →

Disasters present the perfect opportunity for Government expansion

Former US White House Chief of Staff Rahm Emanual was quoted as saying: “You never want a serious crisis to go to waste...” The aftermath of a hurricane present governments with opportunity to expand itself and its powers. Problem is the more regulation there is, the chance of corruption and... Read more →

Confessions of an Economic Hit Man. Have they visited The Bahamas?

by Pierre Dupuch Sometime ago I read a rather intriguing book entitled, "The Confessions Of An Economic Hit Man." Not only was it intriguing, it was frightening. It was written by a man who had been called in by the American Government to form a group whose sole purpose, it... Read more →

What's the fuss about ethics?

There's been a lot of sound and fury in the press recently about some elite people getting contracts without bidding and accumulating unpaid bills at the public utility companies. Those of us that attempt to live within the bounds of decency submit bids via the "fair" process outlined by government... Read more →

BPL Supplier Contract Allegations

Image from Tribune242.com “…mere legality is a lousy way to be a human being”. Allegations continue to flow out about the lack of financial discipline of the recent PLP government and the benefits that appear to have accrued to their cronies. The latest evidence suggests “a company owned by the... Read more →

The electrical company’s arrangements for the elite

Bahamians are wondering how they can get on BPL’s privileged list that allows people to rack up electricity bills of thousands of dollars without paying. Turns out you just need to be a parliamentarian, senator, senior civil servant or a church and you are in according to a former parliamentarian.... Read more →

Legal and Illegal Are Not Right and Wrong

by Sarah Skwire This article was originally published on FEE.org. Read the original article. One of my favorite sayings comes from the now defunct web-comic A Softer World. “It was a sweet day when I realized,” reads the comic, “legal and illegal had nothing to do with right and wrong.”... Read more →

I’m not mad at the IMF

So the IMF has suggested income tax to solve our fiscal woes… Instead of looking at their proposed remedy, I suggest we look at the cause of the fiscal problems. Simply put it has been fiscal imprudence by successive governments that has caused this. Yup, spending more than they take... Read more →

Further Fiscal Folly

Dear Editor, The IMF is bemoaning the fact that commercial banks in the Bahamas are reluctant to lend, they no doubt concerned about increasing their significant number of nonperforming loans, the Bank of Bahamas recently requiring additional recapitalization at the expense of the tax payers for that very reason being... Read more →