Is the British Government responsible for the High level of Cancer in The Bahamas?

Cassius Stuart

 

Official Press Release From The Office of Mr. Cassius Stuart, October 9, 2013.

For many years, Bahamian men and woman have been faced with an unprecedented level of cancer, in particular breast cancer and prostrate cancer. In fact, the Bahamas has a population that has shown the highest mutation rate in the world within the genes that can cause breast and ovarian cancer.”1 In the case of breast cancer, most of the research points to a mutated gene called BRCA1 and BRCA2. The leading medical minds in the field of oncology in the Bahamas and abroad claim that the manifestation of this gene in the local population is as a result of hereditary factors and the gene pool in the Bahamas being close. In other words, relatives intermarrying.

“The BRCA1 and BRCA2 genes were first discovered in 1990 and have since been linked to a genetic predisposition to breast and ovarian cancer in women. Several other studies have linked BRCA genetic mutations to other types of cancer including pancreatic and prostate.”

 In local studies, greater than 90 per cent of the associated BRCA hereditary breast cancer was linked to one specific mutation: IVS13+1G>A, an African founder mutation.2 While I would be the first to admit that I am not a scientist nor do I have any advance medical training, what I do possess is common sense. If intermarrying or being of African descent is the stimulus that activates this mutated gene that leads to cancer, then why is it that only the Bahamas is experiencing this epidemic? Many other counties in the western hemisphere have a large population on African decedents, including Brazil which has the largest population of African decedents outside of Africa.

Further, if the gene pool being close is another cause then why isn’t the Royal family plagued with some form of cancer? They have intermarried for hundreds of years. The argument of an African mutated gene and the local gene pool being to close in the Bahamas is highly arguable and in my humble opinion, doesn’t hold much water. Common sense will tell you that something outside of nature has greatly contributed and is continuing to contribute to this wide spread dilemma.

Based on my research and undeniable evidence, the Bahamian cancer epidemic is in great part attributed to the action of the British government having carried out biological and chemical tests in the Bahamas on Bahamians many years ago. This program was activated and authorized under the leadership of Mr. Winston Churchill, the then British Prime Minister. Under the program, the British Government tested a series of Biological and Chemical weapons on Bahamians in The Bahamas in the 1950’s in a secret operation called Operation Ozone and Operation Negation. Between 1953 and 1964 top secret trials were carried out using a chemical concoction of zinc cadmium* sulphide to simulate how a cloud would disperse biological agents. The unsuspecting population was sprayed covertly with the poisonous compound at least 76 times.3 These tests took place on British as well as Bahamian soil.

*”Cadmium is a poisonous heavy metal. If uncontrolled, it can produce toxic effects on humans. Ingestion of significant amounts of cadmium can lead to poisoning and damage to the liver, kidneys, and respiratory organs. High doses of cadmium over long periods of time cause bone and kidney problems and cancer”.

These operations are more than likely contributing to the root cause of this wide spread cancer we see in the Bahamian population since there is an undisputed link to cadmium and breast cancer. In an article posted on the internet by Anti Oligarch entitled, “How naval intelligence tested lethal ‘plague bombs’ off the British coast”, dated January 4, 2011 the article revealed that “The then Prime Minister, Winston Churchill, felt that Scottish coastal waters were not the best location for biological tests and ordered a new site to be found. Scientists and intelligence officers then settled on a tiny area of the Bahamas which they described as “the best place we could find on the surface of the globe”. This Caribbean experiment was codenamed Operation Ozone and it began in 1954.”

The article goes on to explain that, “During the initial meetings, one of the board members, Lord Stamp, raised concerns about testing plague and “questioned whether the services required an agent which would give rise to an epidemic”. But leading scientist Sir Paul Fildes said that “the employment of P pestis [plague] as an agent would be contrary to our present policy” but it should be tested as “a potential enemy might use it against us”. In other words, secret, live tests were done as if the enemy was using it on the British.3

In another shocking article written by The UK Guardian, Monday 10 September 2001 04.58 EDT entitled.” Britain ordered germ bombs in cold war Anthrax and plague bacteria tested for 'biological retaliation'”, the Article explains that, “In 1994, the Conservative government said in a parliamentary answer that five open-air trials of dangerous bacteria and viruses had been carried out at sea, in the late 1940s and 1950s - three in the Caribbean and two off Stornoway on Lewis.

Dr. Balmer has uncovered the wide range of pathogens used. Among the biological warfare agents trialled was anthrax. There was also brucella and francisella tularensis, which cause severe fever. Pasteurella pestis, the plague bacterium, was released in the first Hebrides trials, despite safety concerns.

A highly infectious and debilitating, if rarely fatal, virus causing Venezuelan equine encephalitis was deliberately released in trials off the Bahamas, 60 miles south of Nassau, in 1954. Planning Operation Ozone, defence officials carefully suggested there would be "no adverse effect on the tourist trade" 4

This dreadful act by the British Government in the 1950’s on an unsuspecting people was a cowardly act of barbarism and savagery. Today there is overwhelming evidence that chemical weapons were used on Bahamians and there may be a direct link between the high levels cancer in our population and the British Biological weapons experiment on Bahamians. Such acts should not go unanswered.  The British Government needs to come clean about their secret tests. In addition the Bahamian people need an official apology and explanation from the British. The Prime Minister and the Ministry of Foreign Affairs must demand that the British Government release all information related to its chemical weapons experiment program in the Bahamas.

Further, the Bahamas government must seek assistance from the Unite Nations for independent scientist to collaborate the link between the British chemical weapons program and the high rate of cancer in The Bahamas.

In the event that there is a direct link between the British chemical weapons program and the high rate of cancer in the Bahamas, The British Government must be held liable and full reparation must be given to all the victims and families in the Bahamas who have had and are suffering with the devastating disease.

Cassius Stuart Facebook

 

Caribbean Blog International

 

 

Bahamian Heroes

Bahamian national heroes

by Philip C. Galanis

“I think of a hero as someone who understands the degree of responsibility that comes with his freedom.” – Bob Dylan

Next week, we celebrate Discovery Day in The Bahamas.  This day is also celebrated in several Caribbean countries as well as North, Central and South America.  While that date was initially named Columbus Day, there are some who will challenge whether the person for whom this holiday was named was a real hero, since his “discovery” of the New World led to the extinction of the native Carib and Arawak Indians of the region.  Therefore, this week, we would like to Consider This... is it time for us to bring into force a national honors system for Bahamian heroes?

Hero defined

Various definitions are used to describe a hero.  Invariably they usually refer to a person who is admired for acts of bravery or for the achievement of legendary feats or for possessing noble qualities.  The hero of classical mythology fame normally represents a legendary personality, often of divine descent and endowed with considerable strength and prowess.  In the literary sense, the hero is usually the principal character or central figure of such work.

Developing a Bahamian national honors system

Historically, our national heroes are recognized through Great Britain, principally by the national honors bestowed by the monarch, notably in the Queen’s New Year’s or Birthday Honors.  The British honors system is a means of rewarding individuals for their personal bravery, achievement, or service to the United Kingdom, to former British Colonies that have attained political independence, and to the British Overseas Territories.  The system includes three types of award: honors, decorations and medals.  Honors generally recognize merit in terms of achievement and service; decorations are used to recognize specific deeds; and medals are used to recognize bravery, long and/or valuable service and/or exceptional conduct.

We have become very familiar with such honors, including knighthoods and other auspicious awards such as the designation of Member of the British Empire (MBE), or Order of the British Empire (OBE).  All of these honors, decorations and medals are rooted in British conventions and culture.  This is perhaps the most compelling reason for establishing a Bahamian national honor system where we are not dependent on the British to confer such honors upon us.

In our region, Jamaica is far ahead of most of the other English-speaking Caribbean countries, including The Bahamas.  Jamaica developed a unique system of national honors with the passage of the National Honours and Awards Act by its Parliament in 1969.

The quintessential Jamaican honor, “The Order of National Hero”, is conferred upon Jamaican citizens who have rendered service of the most distinguished nature to Jamaica and entitles the recipient to the pre-nominal style of “The Right Excellent” and to the post-nominal title “National Hero of Jamaica”.  At the other end of the honors system, the “Order of Jamaica” is fifth in the order of precedence, and is awarded to Jamaican citizens of outstanding distinction.  Membership in this order is considered the equivalent of a British knighthood, and entitles its recipients to the pre-nominal style of “The Honorable” and to the post-nominal title “Order of Jamaica” or “O.J.”

Trinidad and Tobago also developed a similar national honors system of awards after its independence from Great Britain in 1962, the same year as Jamaica.  These awards supplanted the British honors, were approved in 1967 and first awarded in 1969.

Accordingly, there is precedence in our region and elsewhere within the British Commonwealth for the development of an indigenous, national honors system.  It really begs the question: Why don’t we have our own, indigenous national honors system in The Bahamas?  Sadly, it is for the very reason why we are habitually late at advancing progressive movements and institutions in our society.  It seems that Bahamians possess an innately, indescribable, illogical and inherent love for things foreign.  And sadly, it bespeaks a lack of confidence in ourselves, characteristic of our slender sense of sound self-worth and a deep-rooted lack of creativity and ingenuity.  The challenge for us is how do we overcome such deficiencies?

Bahamian national heroes, past and present

It is very difficult to present a persuasive argument that there is a shortage of Bahamian heroes.  Within minutes of cursorily considering this matter, we arrived at the following list of a few national heroes.  This list is by no means all-inclusive, but simply demonstrates that we have a very large population of persons who qualify as national heroes in the following descriptive disciplines:

• Freedom fighters: Pompey, Sir Milo Butler and Sir Clifford Darling.

• Politicians: Sir Lynden Pindling, Sir Cecil Wallace-Whitfield, Sir Kendal Isaacs, Sir Stafford Sands, Sir Randol Fawkes, Arthur D. Hanna, Sir Arthur Foulkes, Sir Orville Turnquest, Hubert Ingraham, Perry Christie, Loftus Roker, and George Smith.

• Religious leaders: Archbishop Drexel Gomez and Monsignor Preston Moss.

• Educators: N.G.M. Major, C.V. Bethel, Dr. Keva Bethel, Leviticus ‘Lou’ Adderley and Vincent Ferguson.

• Artists: Amos Ferguson, Brent Malone, Jackson and Stan Burnside, Max Taylor and Patrick Rahming.

• Entertainers: Joseph Spence, Paul Meeres, John Berkley ‘Peanuts’ Taylor and Ronnie Butler.

• Sports icons: Tommy Robinson, Sir Durward Knowles, and the Golden Girls who won gold medals in the Olympics in the 4x100 relay.

• Cultural icons: Eugene Dupuch, Winston Saunders, Sir Sidney Poitier, Bert Williams, Randolph Symonette, James Catalyn, Jeannie Thompson, Junkanoo greats Vincent ‘Gus’ Cooper, Percy ‘Vola’ Francis, again, Jackson Burnside and Paul Knowles.

• Suffragettes: Mary Ingraham, Georgiana Symonette, Mabel Walker, Eugenia Lockhart and Dame Doris Johnson.

A Hall of Heroes

The time has come to recognize our national heroes and to confer upon them locally developed honors to recognize their contributions to national development in various fields of endeavor.  It is also urgent that we establish a “Hall of Heroes” which need not necessarily be situated in a single location or facility.  Our national heroes, once appropriately named to the Hall of Heroes, can be recognized in designated locations which could include the Dundas Centre for Performing Arts, the National Art Gallery, The College of The Bahamas, the Queen Elizabeth Sports Centre, (which should be renamed after a Bahamian sports icon), Lynden Pindling International Airport, Clifton Heritage Park and other locations, such as some of the roundabouts on our various islands.

Conclusion

The urgent need for the development of a Bahamian national honors system cannot be overstated.  Some Bahamians have lobbied for this for many years, with substantially unimpressive progress from the political directorate in a nationally established, systematic and sustained manner.

The bill that was passed during the previous Christie administration that established a national heroes holiday and national honors was ignored by the Ingraham government, notwithstanding the unrelenting pressure from many sectors to recognize our heroes with Bahamian awards.

It is now time for this Christie administration to not only resurrect that act and bring it to life, giving honor to those among us who deserve it, but to do it in the grand and respectful manner that Bahamian honorees deserve, finally joining our Caribbean counterparts in celebrating our own, in our own way, and showing the world how much we value ourselves and the contributions of our countrymen to this 21st century nation.

• Philip C. Galanis is the managing partner of HLB Galanis & Co., Chartered Accountants, Forensic & Litigation Support Services. He served 15 years in Parliament. Please send your comments to pgalanis@gmail.com.

October 07, 2013

Bahamian National Heroes pt. 2

thenassauguardian

caribbean Blog International

Simon Potter, Bahamas Petroleum Company (BPC) chief executive ...hopes that there would be enough Bahamian investor interest ...to indicate “a momentum of support” for Bahamas Petroleum Company ...and its oil exploration activities in The Bahamas

Oil Explorer Share Issue In Year-Long Gov't Approval Wait

By NEIL HARTNELL

Tribune Business Editor

nhartnell@tribunemedia.net

The Bahamas Petroleum Company’s (BPC) planned share offering to local investors has been delayed for over a year by the wait for the Government to give its consent for exchange control approval, Tribune Business can reveal.

 

Simon Potter, BPC’s chief executive, declined to comment on the issue when questioned by this newspaper, but sources familiar with the situation said the company’s application to the Central Bank of the Bahamas had been submitted around 12 months ago.

 

While the Central Bank has nominal authority on this issue, the real power lies with the Government, which has to give the ‘nod’ on applications by major investors for exchange control approval.

 

Such approvals are sometimes long in coming, as Cable Bahamas recently found out in seeking approval for its $100 million worth of US deals, and Tribune Business understands that, in similar fashion, BPC’s application has been sitting on the Government’s desk, not moving.

 

Exchange control approval is a vital prerequisite for BPC to launch its long-promised Bahamian Depository Receipt (BDR) share offering.

 

This is because the proceeds raised from the offering to Bahamian investors will have to be converted into UK sterling to purchase BPC shares listed on London’s Alternative Investment Market (AIM). These will then be backed by the BDR derivatives, listed and traded on the Bahamas International Securities Exchange (BISX).

 

Mr Potter, though, did reiterate BPC’s intention to proceed with its share offering as a way to give Bahamians an opportunity to buy into, at the start-up stage, an investment that could ultimately be enormously profitable.

 

Confirming that the oil exploration firm was in discussions with BISX and the regulators over the proposed offering, Mr Potter acknowledged that BPC as an investment was “not for everyone”.

 

Pointing out that an investment in the company carried “technical” as well as the usual ‘financial’ risks, Mr Potter said that because there were no commercial quantities of oil yet confirmed in Bahamian waters, BPC was a high reward/high risk offering.

 

But, while “success isn’t measured by take-up”, Mr Potter expressed hope there would be enough Bahamian investor interest to indicate “a momentum of support” for BPC and its oil exploration activities.

 

“Can I sit here and tell you when it will occur? No, but in terms of our prospectus, it’s in at the Securities Commission,” Mr Potter told Tribune Business, in response to queries over when the BDR issue might come to market.

 

“They’ve [the Commission] got their job to do, and we’re answering their questions. There are some considerations, and we’re listening to suggestions from BISX, the Central Bank and the Securities Commission.

 

“The company has its objectives, and these commissions have their statutes and rules. We’re listening to their suggestions.”

 

Added spice to BPC’s relationship with the regulators has come through Hillary Deveaux’s appointment as the Securities Commission’s acting executive director.

 

Mr Deveaux suggested as recently as late July, just prior to his appointment, that he would be “shocked” if the Securities Commission approved BPC’s share offering, on the grounds that the company’s primary listing was not on a top-tier stock exchange.

 

He explained that the oil explorer’s planned share issue to Bahamian investors did not meet the rules criteria he had left in place for such BDR issues.

 

This required companies, which decided to offer BDR shares to Bahamian institutional and retail investors, to have a primary listing on the world’s top stock markets - such as the New York Stock Exchange (NYSE) or London Stock Exchange (LSE).

 

This was designed to ensure BDR issuers complied with the necessary reporting and governance requirements for public companies, but Mr Deveaux argued that BPC’s primary listing - on AIM - did not meet the previously set criteria.

 

He described AIM, the UK’s junior stock market for incubator and developing companies, as one more focused on growth rather than regulation of its listed companies.

 

As a result, Mr Deveaux said BPC would be better advised to seek a listing on BISX’s ‘main board’.

 

And, failing to do that, he suggested Bahamians should go through the investment currency market and Central Bank exchange control regime, and buy shares on the London market if they wished to invest in AIM.

 

Mr Potter did not comment on BPC’s relationship with the Securities Commission or whether Mr Deveaux’s appointment may impact the BDR issue’s approval.

 

Sources close to BPC had previously described Mr Deveaux’s comments as “rather strange”, pointing out that it had to comply with numerous AIM listing, governance and financial reporting/disclosure requirements.

 

And Michael Anderson, president of RoyalFidelity Merchant Bank & Trust, which is acting as BPC’s financial adviser and placement agent on the BDR issue, said earlier that the rules referred to by Mr Deveaux had “changed quite substantially” since he left the Securities Commission.

 

Given that BPC has yet to prove beyond doubt that commercial quantities of oil exist in Bahamian waters, investors will effectively be speculating on the prospects of a ‘black gold’ discovery coming true.

 

In essence, the BPC BDRs are a venture capital investment, or ‘high risk, high reward’ play. There is a high risk that the company might find nothing, but by participating in equity ownership at the ground level, Bahamian investors would position themselves for potentially tremendous upside and wealth creation.

 

Mr Potter acknowledged this, telling Tribune Business: “An investment in a company like BPC is not for everyone, and the reason I say that is not only because there are the usual financial risks that occur with any investment, but for expansion companies there are technical risks that need to be understood and appreciated.

 

“Therefore, there are investment risks at either end of the spectrum. It can be a spectacular success, but if we don’t turn up any oil, we will have to get our thinking caps on.”

 

The BPC chief executive indicated there were ways to address any regulatory concerns about how the BDR issue would be pitched, agreeing that the offering had to be marketed “sensitively”.

 

“I’d like for there to be a large take-up where clearly there’s a momentum in support of the company and its objectives in exploring for oil in the Bahamas,” Mr Potter added.

 

October 02, 2013

 

Tribune 242

 

Caribbean Blog International

 

Value Added Tax (VAT) exempt companies

No industry VAT ‘zero rated’ except exporters

Domestic travel will not have VAT added

BY ALISON LOWE
Guardian Business Editor
alison@nasguard.com

Domestic and international transportation, educational, medical and dental services, as well as some financial services, sales and rentals of residential homes and certain bread basket items​,​ will all be VAT exempt, Guardian Business can confirm.

While some of these areas were anticipated as likely to be VAT exempt in the government’s white paper, others were not, including domestic and international travel. This includes both air travel and taxi and bus services, Guardian Business understands.​

International travel would be VAT exempt if purchased through a local supplier of travel services.

This selection of VAT exempt services and goods was revealed by VAT consultants at a recent meeting between the government’s VAT personnel and the Bahamas Society of Engineers.

​It adds to what is already known about the way in which financial services will be treated under the regime, including that most commercial bank services ​would be sold without VAT added, as would health and life insurance, while property and casualty insurance would be sold with VAT added.

​The VAT consultants confirmed that no industry, except exporters, would be categorized as “zero rated” under the VAT regime.

While VAT exempt companies would not have to charge VAT on goods or services sold, they would pay VAT on inputs. Unlike VAT registrants, that could not claim back credits on those inputs. Zero rated providers would not have to charge VAT but would also be able to collect VAT back from the government on inputs.

Exporters, as businesses which by definition sell goods outside The Bahamas to

non-Bahamians who are not targeted by our revenue regime would be encouraged to remain competitive by being given the opportunity to reclaim tax on inputs into their production processes despite not collecting VAT from their purchasers.

Yesterday, Randy Butler, president of Sky Bahamas, a domestic and internationally-active Bahamian airline that services destinations both within The Bahamas and in Florida, said that while he would be happy not to have to add a 15 percent VAT charge onto tickets sold to Bahamian travelers, he cannot say for certain if this category will benefit the industry.

Noting that aviation fuel is currently subject to significant taxation, Butler said he could only make an ultimate judgment on how the VAT exempt category would work out for the airline once he knows if there would be upwards or downwards adjustments to taxation charged on fuel and maintenance-related parts.

“I may have to increase the cost of tickets anyway due to increased input costs. (Being VAT exempt) sounds good but I need to see what my vendors and my costs will be. I may automatically have to pass that on; I dont know how it will pan out,” said Butler.

September 30, 2013

thenassauguardian

Caribbean Blog International

Perry Christie and his blah, blah, blah Progressive Liberal Party (PLP) administration

Perry Christie and the PLP’s blah, blah, blah government

By Simon
frontporchguardian@gmail.com

Imagine many years hence an anthropologist at the University of The Bahamas using digital recordings of the ZNS evening news broadcast to conduct research on Perry Christie’s years as prime minister. What might they discover?

As a gift to posterity and to help future researchers save time and effort, we are already able to pass on some insights which will only solidify over time.

Notably, Christie and the ZNS evening broadcast share a singular trait. They are incorrigibly late, again and again and again. It seems that ZNS, despite decades in operation, is daily caught by surprise that the evening news is scheduled to begin at 7 p.m., not 7:02 or 7:05 or 7:07.

ZNS, like the Christie administration, seems incapable of being embarrassed by the poor quality of so much that it does and its sheer and entrenched incompetence.

As an aside, the day that the two leading print journals revealed details of a report on alleged abuse at the detention center, the state evening broadcast news failed to report the story. Were they commanded to do so as an act of censorship by their political minders and bosses?

How free is ZNS today to report stories critical of the PLP? For many, why is 2013 starting to feel like the 1970s and 80s at ZNS?

Meanwhile, forget the numbers’ houses. Perhaps the government might consider a national lottery that has as the winning combination the exact time that the ZNS evening news broadcast begins, with the additional prize of a ZNS news mug for anyone guessing 7 p.m. Supplies of the mug are unlikely to run out.

Perhaps there can be a “Straight Seven Jackpot” payout, the winner having wagered correctly the staggered times the news begins seven nights running, which will be a monumental accomplishment. There can also be payouts for three out of seven nights or five out of seven. The combinations are endless.

How foolish to imagine such a lottery. It was already defeated in a national referendum that proved to be a spectacular failure for Christie and his new and improved Gold Rush PLP that would be ready in the First 100 Days and from day one to build a bridge to the future as the government of hope and help committed to Urban Renewal 2.0 and putting Bahamians first.

Were there an international prize for sloganeering as a substitute for ideas and governance, the PLP would consistently win it, with its endless ability to produce more slogans than common sense and action once in office.

Then there would be the Bahamian television broadcast award for political showboating and theater, jointly awarded to ZNS and the Christie administration.

Story one on the evening news: Perry Christie said today, “Blah, blah, blah.” Second story: Perry Christie said today, “Blah, blah, blah.” And just for a change in the third story: Perry Christie said today, “Blah, blah, blah.”

This is the blah, blah, blah government in two senses. First, it is an uninspiring and visionless government. Secondly, as before, this is a government of plenty talk and little action.

During and after his rambling meanderings, one knows that the prime minister said something. The problem is that one is not exactly sure what he’s actually said.

As opposed to those times, sometimes he literally says nothing, despite promising a fuller accounting. The country is still waiting for Christie to provide more details on his and the PLP’s relationship with Peter Nygard.

Then, there is Christie’s pretzel-like comments. Having repeatedly postponed speaking before the Constitutional Reform Commission, the prime minister sought a clever out, perhaps convincing to him, but unconvincing to most Bahamians. His excuse: He didn’t want to prejudice the commission. Really?

Perhaps ZNS can provide a useful service, namely a canned laugh track as used in situation comedies. It can be played whenever the prime minister offers a comment for which laughter is the best medicine and response.

As reported in the press, the governor general, the leader of the opposition and many notable Bahamians found the time to prepare for and to appear before the commission.

Cue laughter: Christie contradicted himself by stating that his attorney general had already offered the government’s thoughts. Why didn’t he say that when he canceled appearing before the commission for the second time and counting?

Did the attorney general prejudice the commission by speaking on behalf of the Christie administration?

The saying goes, “If you don’t laugh, you’ll weep.” Listening to the prime minister’s tortured rationales for his inaction and bumbling incompetence is likely to produce tears of laughter, sometimes just weeping, and sometimes the wailing and gnashing of teeth.

Mind you, the same prime minister who did not find the time to appear before the commission did find time to deliver a lecture on constitutional reform. He had plenty to say on that occasion.

What he did not say and did not do, was to accept responsibility for making the referenda process in The Bahamas more politically difficult and charged, more of which in a subsequent column.

When he’s not too tired to answer questions, answers to which he solemnly promised long ago, Christie is busy making speeches and excuses as a substitute for governing.

He seems still to believe that talk is action. Like a genie, he must believe that when he speaks, things are supposed to materialize. See for easy reference: National stadium, National Health Insurance and doubling the investment in the national education budget.

The prime minister recently said that he knows that Bahamians are frustrated. The problem is that he may not appreciate that Bahamians are mostly frustrated with his poor leadership of a government that is performing even worse than the do-nothing years of 2007 to 2012.

Ranking PLPs and younger PLPs, including many professionals, are soured on and vex with a feckless administration careening from one crisis to the next, with a prime minister barely in control of his own government.

Christie’s response, “Blah, blah, blah...”, all of which can be seen on the ZNS evening news beginning at only God knows when. Stay tuned and be prepared to laugh and to weep.

September 26, 2013

thenassauguardian

Caribbean Blog International

The Economic Consequences of Value Added Tax (VAT) are real ...and every business and retiree needs to know how his life, his company and his bank account will be affected by the Value Added Tax (VAT)

The Consequences Of Vat Are Real

By JOAN THOMPSON

Nassau Institute

Ishmael Lightbourne, consultant to the Ministry of Finance, in an ad hominem attack on the Nassau Institute describes the research report, ‘Consequences of the Value Added Tax for Bahamas’, as being “extreme, ridiculous, exaggerated and inaccurate”, and is being read because it “bashes” the Government.

Mr Lightbourne also accuses the Institute of promoting ideology he describes as “spending cuts to reduce the size of government and slashing the fiscal deficit”. Pity governments of both political parties failed to foresee the consequences of reckless spending and the ever growing public debt. There may now be concerns about the creditworthiness of the country’s debt among the lenders. The increased risk attracts higher interest rates for the lenders, and the likelihood of lower living standards for the borrowers, the Bahamian tax payer.

As for the statement “it is only being read because it ‘bashes’ the Government”, Mr Lightbourne may not know that businesses across the country are reducing hours of employment, cutting margins, trimming expenses and other measures to compensate for currently reduced economic activity and ever-increasing costs.

 

The Economic Consequences of the VAT are real and every business and retiree needs to know how his life, his company and his bank account will be affected by the Value Added Tax (VAT).

Bashing government may be an outlet for genuine fears and frustrations. Who would blame them?

 

September 30, 2013

 

Tribune242

 

Caribbean Blog International

 

...troubled by Bahamas Petroleum Company (BPC) CEO Simon Potter’s recent comments ...that the financial terms his company “tied down with The Bahamas Government are second to none.”

By Kendea Smith
Jones Bahamas




Free National Movement (FNM) Deputy Leader Loretta Butler-Turner says she’s “troubled” by Bahamas Petroleum Company (BPC) CEO Simon Potter’s recent comments that the financial terms his company “tied down with the Bahamas Government are second to none.” She is now questioning what those financial terms are and is calling on the government to respond to those claims.

Just last week, Mr. Potter told a room of potential investors in London that the financial terms with respect to any oil extraction are likely to be “music to people’s ears.”

Mrs. Butler-Turner says Bahamians are being “left in the dark” when it comes to oil exploration and BPC’s general activities.

The FNM deputy leader said it’s obvious that the Progressive Liberal Party (PLP) is putting “foreign interests first and the Bahamian people “dead last” in terms of providing information and consultation on potential oil resources owned by The Bahamas.”

“The FNM reminds the Bahamian people that both Prime Minister Perry Christie, who is also the minister of finance, and Deputy Prime Minister Philip Davis both served as consultants for BPC prior to the 2012 general election, during which a referendum on oil exploration was promised,” she said.

“When exactly will that referendum be held so that the PLP can keep that promise as well as the promise of putting Bahamians First? Additionally, when will Mr. Christie and Mr. Davis disclose the handsome financial terms they received as consultants for BPC?”

Mrs. Butler-Turner said she also has questions about discussions BPC had with the government over a referendum for oil drilling.

“What does the BPC CEO mean that ‘underneath the surface’ that any discussion of a referendum has been removed,” the deputy leader questioned.
 
“Oil exploration is a monumental decision for the country. It must be approached with deliberation, accountability and transparency, little of which now appears to be the case. The Bahamian people and the Official Opposition deserve and demand greater transparency and answers from the Christie government relative of the claims made by the CEO of BPC.”

September 26, 2013

The Bahama Journal

Caribbean Blog International