Most Bermudians are pleased that the Jumeirah group is willing to consider Morgan’s Point instead of the Southlands property. It makes sense. However, as Morgan’s Point represents a unique “land bank” for Bermuda’s future needs, the deal must be subject to public scrutiny and due process. Dr. Brown has reported that Government will assume the [...]
Entries from November 20th, 2007
Gated Communities
November 20th, 2007 · No Comments · Bermuda Politics
There have been rumours all year that the iconic Bermuda club, Coral Beach, was on the market. It’s now been confirmed that the property will be redeveloped by a US-based private equity firm as a prestige hotel with “150 rooms and residences”. Ah, yes, residences again. At the same time, in an obvious election ploy, [...]
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Hide the Candidate
November 20th, 2007 · No Comments · Bermuda Politics
Realising that his popularity dies a little every time he opens his mouth these days, Dr. Brown has entered stealth mode for the election. He’ll show up and look beautiful every now and then, but won’t say much of consequence unless it gets really nasty. The oddity is that, despite having called the election, the [...]
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Oh Really?
November 19th, 2007 · No Comments · Bermuda Politics
In a smirking example of Ewartspeak, the Lt. Colonel is on the news this morning saying that the Police manhandling of the Auditor General is proof that “no-one is above the law” in Bermuda. Actually, the entire stink over the BHC affair is that certain people ARE held above the law in Bermuda, and the [...]
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Neglecting the Core Business
November 17th, 2007 · 2 Comments · Bermuda Politics
In the past, whenever a large event created a boom in the formation of insurance companies, the logical jurisdiction was always Bermuda. Always. No longer. Speaking at an industry event, according to an investor involved in many of Bermuda’s successful insurance startups, 2 out of 3 current startups are going elsewhere. “It has to do [...]
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Harrassment
November 16th, 2007 · No Comments · Bermuda Politics
Police raided the Auditor General’s office again this morning. Auditor General Larry Dennis told the media he believes the Police are trying to link him to ‘Son of the Soil’ Harold Darrell, but denies that connection. This new incident seems to support the UK National Audit Office’s report that the auditor’s independence and ability to [...]
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Carefully Chosen Words
November 16th, 2007 · No Comments · Bermuda Politics
The idea of creating an independent Bermuda is “alive and well” within the Progressive Labour Party but it’s not going to be an election issue says Premier Ewart Brown. In other words, he will pursue it but doesn’t want to talk about it in public due to the unpopularity of the idea. Important decisions like [...]
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UK Audit Report
November 16th, 2007 · 3 Comments · Bermuda Politics
The UK National Audit Office has released a report on “Managing Risk in the Overseas Territories”. While generally complimentary to Bermuda, it does have some interesting comments (no particular order): General Comments: There are problems with late and deficient public accounts Public audit systems do not always constitute an adequate challenge function Parliamentary scrutiny of [...]
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Drip Drip Drip
November 15th, 2007 · No Comments · Bermuda Politics
The inevitable claims have started that Minister Scott’s notes of the unofficial “Saturday Group” were stolen from his office. That seems unlikely given that the notes appear to have been circulated by email, according to a statement by the Bermuda Hospitals Board. It’s more likely that one of the meeting participants, tired of the constant [...]
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Land Acquisition Insult
November 14th, 2007 · 1 Comment · Bermuda Politics
The Bermuda Immigration and Protection Amendment Act 2007 is an amazingly bad law because it treats the marriage between a Bermudian and a non-Bermudian at the same level as illegal fronting of real estate transactions. It hurts Bermudian families. Ironically, the move comes at a time when Government is sanctioning more property than ever to [...]
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