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Showing posts with the label Nassau

Where are we now?

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Everybody sees what they want to see. I was made to feel recently that I simply see things through rose coloured glasses because of what I feel can happen in Grand Bahama.  But I remember that Freeport itself became an entity though the vision of a man who stood in the midst of pine trees. That roads and buildings and the homes we presently occupy would not have come about if it were not for an idea that got it all started. There are many naysayers, but even when Freeport began others didn't quite catch the vision but thought we will see about it anyway. From a real estate point of view people are beginning to buy again. The banks have not been very forthcoming with loans so a lot of people are looking for lease to own. Just means people are beginning to think of other ways in which to get what they want. Not many people are allowing their properties to be leased to own but ... funds will be acquired for the purchase of a lifetime. It is still a buyers market but sl...

Today is a new day!

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After my last post and comments made I had to reflect with a very heavy heart. I try to listen to positive things in the morning to get that vibe going. They say thats what makes the successful person continue even with some failures. In a closed Fackbook group I got the response I searched for last year ... the affects on the people/children moving from Freeport after the famous "Bend or Break" Speech. For many of this age including myself, having read the full speech it is hard to see the correlation between what was said and the mass exodus. My last post was supposed to make people see that while some people are still sitting on fence bemoaning the affects of the 2004/2005 storms that there are ways in which they can move forward and gave ideas on entrepreneurial efforts they can try. But the past rose up and spilled great bitterness in response. No, I'm not angry at the comments. They speak a thousand times of the hurt of many people. As I stated in a previous...

Restructuring The Bahamian economy 1999….

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On this brand new day that we have never seen before and promises a lot I decided to take a look back. I have been promising to do this for a while but could not find the information I wanted but here it is. For many years there have been persons who suggested that the country as a whole become more diversified. Speaking at a Rotary Club meeting in January 1999 then Practice Leader of the Freeport Practice Group of Deloitte & Touche Chartered Accountants Subir Das Gupta said the economy of The Bahamas needed restructuring. At the point in time, prior to the crippling hurricanes, he said that the Bahamian economy was at a watershed point as we looked at the then Free Trade Area of the Americas. Funny enough his words were, "The national debt is escalating, unemployment remains at a high level while domestic ownership of the key tourism and financial services sector is limited." Hmmm…. He then suggested that we go from Nassau to National as he noted that th...