Hard to believe because Tal for the most part is a very confused individual, but depending how far you go back he is basically correct. The bahamas birth rate has declined 50% from 1965 (29.87) to 2015 (15.04), so it has taken 50 years not 40. In 1975 the birth rate was 25.92 per thousand.
It is best to leave race out of this discussion completely. It is inflammatory and diverts from the central issue. The better way to state the problem of unwanted and uncared for children is that the poor and uneducated have many more children than any other segment of society. High school dropouts have a higher number of children on average than high school graduates, who are higher than the college educated etc, right on up to graduate degrees. So as with so many intractable problems in this country it comes down to improving our educational system. This will take a long time and requires a sea change in our Bahamian way of thinking.
In the short run govt can make quick meaningful changes. Most importantly is to increase the consequences for these deadbeat fathers who refused to support their children. Laws need to be amended to increase the child support deadbeat fathers must pay. It must have teeth and be enforced. Have a court established exclusively to deal will this problem, have it open 24/7. Wages and assets of these deadbeats must be garnished and then perhaps these men will think twice about wanton procreation. At the very least children will benefit from increased material support that they deserve and will not suffer as they are now.
Mr. Cartwright is 100% correct on the devasting impact web shops have had on the Long Island community. It is slowly destroying the economic and social fabric of this island. They are far more devasting than hurricane Joaquin ever was. When you have a single web shop company with multiple outlets generating several hundred dollars profit per month and exporting this off Island it is no wonder businesses are suffering and closing. There is no circulation of money, like a giant funnel sucking resources from the most vulnerable and needy to the rich and greedy.
On the social side you have spouses with gambling addictions, gambling away grocery money, money to pay electrical bills etc, and it is easy to see the impact this has on family life, an increase in domestic violence and abuse, children suffer etc. It has lead too to an increased demand on social services as monies that should have been used for basic necessities are lost.
It appears however, that these web shops are an unavoidable evil as many Bahamians especially the uneducated and poor are hopelessly drawn to the lie of quick easy money. This is why these web shops should be taxed to within an inch of their life, certainly much more than they are now, so that these resources can be used to fund the increased demand on social services. Ideally, they should be nationalized so that the state derives the maximum benefit, as it is the state that is now paying for all of the social ills these webshops invariably cause.
This is so unfair and untransparent. It is pandering to the select, privileged few. Why give them extra time? If this offering was open to all Bahamians, as it should have been, then the shares would have been oversubscribed in the first few days. It is just more evidence of the corruption in this country. The wealth is for a few, a club, and you and I and almost all Bahamians are not in it. Say what you like but Hubert Ingraham empowered the masses by mandating that shares in cable Bahamas, the Port, Commonwealth Brewery be offered to EVERY single Bahamian. Mr. Bowe, this govt and this select club of investors disgust me. They have every intention of later offering shares to all Bahamians, of course at a much inflated price. How these people sleep at night is beyond me, they are crooked and corrupt. We desperately need change in this country.
The new BISX website is an unmitigated disaster, and a complete embarrassment. It does not work. At least the old, boring website worked, the new one is an exercise in nothing but aggravation and futility. Trying to use this website is a quick path to the deepest depths of hell. It is far more frightening than anything Dante could have imagined in his divine comedy! Someone really should be fired.
Another problem is the chronically late posting of financial statements. It really hinders this market, I am a relatively active retail investor and it is so aggravating, most times it is better to go to the company website and they have their statements posted weeks and sometimes months before BISX. Mr. Holland Grant who posts or tries to post these statements really needs to be fired, it is so unacceptable. Please fix this damn website!!!!!!!!!!!!!!!!!!!!!!!!!!!!
As for the illiquidity, why not simply let shares trade in a wider bandwidth, say 20% rather than the current 10%. Yes, there will be more volatility but shares would be more liquid. As the recent experience with BOB shares have shown if you increase the bandwidth, prices will fall and shares will trade.
...and the $482,000 paid to Leno corporate services for the recent BOB share offering which was completely subscribed for by the govt., absolutely criminal, we need to know who owns this company and why the government was ripped off yet again.
These arrogant, thin skinned, fat cat politicians, especially Fred Mitchell, seem to forget they are supposed to be servants of the people. We pay the salary of the prime minister, not the other way around. And no disrespect but we are tired of being neglected and abused by his government and all previous ones as well. He thinks one letter and the promise of a meeting can placate our just grievances. We are tired, tired, tired of his platitudes and false promises, he will find out shortly at the ballot box.
DonAnthony says...
Relax everyone, take a deep breath, nothing to worry about. The good commissioner said crime is down 26%. It appears no one believes him.
On Police to step up patrols to keep public safe
Posted 17 January 2017, 2:01 p.m. Suggest removal
DonAnthony says...
Hard to believe because Tal for the most part is a very confused individual, but depending how far you go back he is basically correct. The bahamas birth rate has declined 50% from 1965 (29.87) to 2015 (15.04), so it has taken 50 years not 40. In 1975 the birth rate was 25.92 per thousand.
http://www.indexmundi.com/facts/the-bah…
On 'Black people breed too much' says Anglican Archdeacon
Posted 11 January 2017, 3:35 p.m. Suggest removal
DonAnthony says...
It is best to leave race out of this discussion completely. It is inflammatory and diverts from the central issue. The better way to state the problem of unwanted and uncared for children is that the poor and uneducated have many more children than any other segment of society. High school dropouts have a higher number of children on average than high school graduates, who are higher than the college educated etc, right on up to graduate degrees. So as with so many intractable problems in this country it comes down to improving our educational system. This will take a long time and requires a sea change in our Bahamian way of thinking.
In the short run govt can make quick meaningful changes. Most importantly is to increase the consequences for these deadbeat fathers who refused to support their children. Laws need to be amended to increase the child support deadbeat fathers must pay. It must have teeth and be enforced. Have a court established exclusively to deal will this problem, have it open 24/7. Wages and assets of these deadbeats must be garnished and then perhaps these men will think twice about wanton procreation. At the very least children will benefit from increased material support that they deserve and will not suffer as they are now.
On 'Black people breed too much' says Anglican Archdeacon
Posted 11 January 2017, 11:39 a.m. Suggest removal
DonAnthony says...
Mr. Cartwright is 100% correct on the devasting impact web shops have had on the Long Island community. It is slowly destroying the economic and social fabric of this island. They are far more devasting than hurricane Joaquin ever was. When you have a single web shop company with multiple outlets generating several hundred dollars profit per month and exporting this off Island it is no wonder businesses are suffering and closing. There is no circulation of money, like a giant funnel sucking resources from the most vulnerable and needy to the rich and greedy.
On the social side you have spouses with gambling addictions, gambling away grocery money, money to pay electrical bills etc, and it is easy to see the impact this has on family life, an increase in domestic violence and abuse, children suffer etc. It has lead too to an increased demand on social services as monies that should have been used for basic necessities are lost.
It appears however, that these web shops are an unavoidable evil as many Bahamians especially the uneducated and poor are hopelessly drawn to the lie of quick easy money. This is why these web shops should be taxed to within an inch of their life, certainly much more than they are now, so that these resources can be used to fund the increased demand on social services. Ideally, they should be nationalized so that the state derives the maximum benefit, as it is the state that is now paying for all of the social ills these webshops invariably cause.
On Super Value owner: Web shops ‘took 30% from us’ over Xmas
Posted 6 January 2017, 3:43 p.m. Suggest removal
DonAnthony says...
This is so unfair and untransparent. It is pandering to the select, privileged few. Why give them extra time? If this offering was open to all Bahamians, as it should have been, then the shares would have been oversubscribed in the first few days. It is just more evidence of the corruption in this country. The wealth is for a few, a club, and you and I and almost all Bahamians are not in it. Say what you like but Hubert Ingraham empowered the masses by mandating that shares in cable Bahamas, the Port, Commonwealth Brewery be offered to EVERY single Bahamian. Mr. Bowe, this govt and this select club of investors disgust me. They have every intention of later offering shares to all Bahamians, of course at a much inflated price. How these people sleep at night is beyond me, they are crooked and corrupt. We desperately need change in this country.
On ‘Put money where mouth is’ on $70m mobile offering
Posted 15 December 2016, 4:37 p.m. Suggest removal
DonAnthony says...
BISX does not need to be shuttered, it just needs to be fixed. Fix the website, fix the financial reporting, fix the illiquidity.
On RICHARD COULSON: How BISX falls short
Posted 5 December 2016, 8:16 p.m. Suggest removal
DonAnthony says...
The new BISX website is an unmitigated disaster, and a complete embarrassment. It does not work. At least the old, boring website worked, the new one is an exercise in nothing but aggravation and futility. Trying to use this website is a quick path to the deepest depths of hell. It is far more frightening than anything Dante could have imagined in his divine comedy! Someone really should be fired.
Another problem is the chronically late posting of financial statements. It really hinders this market, I am a relatively active retail investor and it is so aggravating, most times it is better to go to the company website and they have their statements posted weeks and sometimes months before BISX. Mr. Holland Grant who posts or tries to post these statements really needs to be fired, it is so unacceptable. Please fix this damn website!!!!!!!!!!!!!!!!!!!!!!!!!!!!
As for the illiquidity, why not simply let shares trade in a wider bandwidth, say 20% rather than the current 10%. Yes, there will be more volatility but shares would be more liquid. As the recent experience with BOB shares have shown if you increase the bandwidth, prices will fall and shares will trade.
On RICHARD COULSON: How BISX falls short
Posted 5 December 2016, 6:20 p.m. Suggest removal
DonAnthony says...
...and the $482,000 paid to Leno corporate services for the recent BOB share offering which was completely subscribed for by the govt., absolutely criminal, we need to know who owns this company and why the government was ripped off yet again.
On Davis backing BPL as blackouts go on
Posted 5 December 2016, 11:54 a.m. Suggest removal
DonAnthony says...
These arrogant, thin skinned, fat cat politicians, especially Fred Mitchell, seem to forget they are supposed to be servants of the people. We pay the salary of the prime minister, not the other way around. And no disrespect but we are tired of being neglected and abused by his government and all previous ones as well. He thinks one letter and the promise of a meeting can placate our just grievances. We are tired, tired, tired of his platitudes and false promises, he will find out shortly at the ballot box.
On 'No disrespect to PM'
Posted 29 November 2016, 12:18 p.m. Suggest removal
DonAnthony says...
Top of the List- Alfred Gray has to Go! He is an affront to the Bahamian people. We demand accountability of this government or it will be voted out.
On PM: I will meet protest leaders
Posted 25 November 2016, 10 a.m. Suggest removal