Poverty and crime have a very "intimate" relationship that has been described by experts from all fields, from sociologists to economists. The UN and the World Bank both rank crime high on the list of obstacles to a country’s development. This means that governments trying to deal with poverty often also have to face the issue of crime as they try to develop their country's economy and society.
Crime prevents businesses from thriving by generating instability and uncertainty (at micro and macroeconomic levels). This is true in markets of all sizes, national, regional, municipal and even neighborhoods.
Unemployment, poverty and crime
Starting from the 1970s, studies in the US pointed more and more at the link between unemployment, poverty and crime. After that other connections with income level, time spent at school, quality of neighborhood and education were revealed as well. Fresh research from the UK even indicates that economic cycles may affect variations in property and violent crimes. - Same link
The posit of this one small study, is that even if you increase the level of income of neighbourhoods inculcated into the crime life as poor people, the crime doesn't abate. In other words, you have educated a generation of potential criminals.
As to what TruePeople said (a couple of entries up): I found it interesting to take a look at the Bahamian companies sponsoring or participating in Haitian Flag Day. If we can't make money off US tourists, maybe we can milk the Haitians.
Could this pseudo-bullish report by CIBC is as a result of the parent company looking to divest its local operations, and don't want a fire-sale price? Just asking.
Actually, nobody is going to solve the crime problem, until the economy is fixed. HAI tried to diversify the economy with his Third Pillar (which Jamaica embraced and actually accomplished), however the criminal, brain-dead organisation whose colours are those of urine, campaigned against the PM and his policies, including the constitutional equality of women change, and rigged the election with vote buying to defeat it. The responsibility of the current state of crime and the Bahamas rests solely on the political party whose colours are those of urine, and who are soaked in it with the kleptocracy, perfidy and unpatriotic, sub-human activities.
While you are at it, make sure that you ask to cancel all of the housekeeping/maid ones for Allyson Mayonnaise Gibson. They told the housekeeper that I hired for my aunt, that Gibson is a slave driver, and they want to work for someone else or they want to go home. Neither is an option for them at the moment. Sad life really -- their families relying heavily and solely on their remittances.
The real ironic part is that none of my offshore colleagues, who make a heckuva lot more money than I, have maids or housekeepers. They call Molly Maids to come in once a week for a few hours. They couldn't afford full time maids and gardeners.
More dead good news from the brain dead Prime Minister. Christie is totally flummoxed as to why S&P doesn't fall for his BS like some Bahamians do.
Everyone agrees, including Bahamians, that there are huge structural weaknesses. Christie doesn't even admit to that. Ask the growing legion of unemployed as to whether Christie has a plan or if the Bahamas is on the cusp of an economic revival.
When it comes to the effect of VAT on government revenues, what they pundits do not seem to realise, is that while the first tranche of VAT collections was successful, the hundred and some million collected will depress business and depress the economy in the long run. The extra load that VAT puts on the economic environment will actually be the cause of the VAT collections leveling off and then declining because their effect on business and the slow-down of revenue.
banker says...
So nobody at BEC has ever heard of zener diodes for lightning protection in electrical grids? I'm a banker and I know about protecting power sources.
http://dkc1.digikey.com/ca/en/tod/Panas…
Have we no one who knows about modern concepts of electricity?
On BEC suspects lightning strike behind island-wide power outage
Posted 3 September 2015, 7:07 p.m. Suggest removal
banker says...
I would refer you my dear, to http://www.poverties.org/poverty-and-cr…
The Unmistakable Connection
Poverty and crime have a very "intimate" relationship that has been described by experts from all fields, from sociologists to economists. The UN and the World Bank both rank crime high on the list of obstacles to a country’s development. This means that governments trying to deal with poverty often also have to face the issue of crime as they try to develop their country's economy and society.
Crime prevents businesses from thriving by generating instability and uncertainty (at micro and macroeconomic levels). This is true in markets of all sizes, national, regional, municipal and even neighborhoods.
Unemployment, poverty and crime
Starting from the 1970s, studies in the US pointed more and more at the link between unemployment, poverty and crime. After that other connections with income level, time spent at school, quality of neighborhood and education were revealed as well. Fresh research from the UK even indicates that economic cycles may affect variations in property and violent crimes. - Same link
The most interesting one, is from the Economist:
http://www.economist.com/news/science-a…
The posit of this one small study, is that even if you increase the level of income of neighbourhoods inculcated into the crime life as poor people, the crime doesn't abate. In other words, you have educated a generation of potential criminals.
The Bahamas is in for a long haul.
On FNM: It’s time for Nottage to be replaced
Posted 3 September 2015, 7:02 p.m. Suggest removal
banker says...
As to what TruePeople said (a couple of entries up): I found it interesting to take a look at the Bahamian companies sponsoring or participating in Haitian Flag Day. If we can't make money off US tourists, maybe we can milk the Haitians.
On PM criticises S&P downgrade
Posted 3 September 2015, 5:01 p.m. Suggest removal
banker says...
Could this pseudo-bullish report by CIBC is as a result of the parent company looking to divest its local operations, and don't want a fire-sale price? Just asking.
On CIBC: Growth ‘insufficient’ to cut jobless below 10%
Posted 3 September 2015, 4:57 p.m. Suggest removal
banker says...
Actually, nobody is going to solve the crime problem, until the economy is fixed. HAI tried to diversify the economy with his Third Pillar (which Jamaica embraced and actually accomplished), however the criminal, brain-dead organisation whose colours are those of urine, campaigned against the PM and his policies, including the constitutional equality of women change, and rigged the election with vote buying to defeat it. The responsibility of the current state of crime and the Bahamas rests solely on the political party whose colours are those of urine, and who are soaked in it with the kleptocracy, perfidy and unpatriotic, sub-human activities.
On FNM: It’s time for Nottage to be replaced
Posted 3 September 2015, 4:50 p.m. Suggest removal
banker says...
While you are at it, make sure that you ask to cancel all of the housekeeping/maid ones for Allyson Mayonnaise Gibson. They told the housekeeper that I hired for my aunt, that Gibson is a slave driver, and they want to work for someone else or they want to go home. Neither is an option for them at the moment. Sad life really -- their families relying heavily and solely on their remittances.
The real ironic part is that none of my offshore colleagues, who make a heckuva lot more money than I, have maids or housekeepers. They call Molly Maids to come in once a week for a few hours. They couldn't afford full time maids and gardeners.
On Bran ‘pained’ over brain drain finance
Posted 3 September 2015, 4:44 p.m. Suggest removal
banker says...
This comment was removed by the site staff for violation of the usage agreement.
On POLITICOLE: Snowden, surveillance and banks blinded by policy
Posted 3 September 2015, 12:13 p.m.
banker says...
More dead good news from the brain dead Prime Minister. Christie is totally flummoxed as to why S&P doesn't fall for his BS like some Bahamians do.
Everyone agrees, including Bahamians, that there are huge structural weaknesses. Christie doesn't even admit to that. Ask the growing legion of unemployed as to whether Christie has a plan or if the Bahamas is on the cusp of an economic revival.
On PM criticises S&P downgrade
Posted 3 September 2015, 11:42 a.m. Suggest removal
banker says...
When it comes to the effect of VAT on government revenues, what they pundits do not seem to realise, is that while the first tranche of VAT collections was successful, the hundred and some million collected will depress business and depress the economy in the long run. The extra load that VAT puts on the economic environment will actually be the cause of the VAT collections leveling off and then declining because their effect on business and the slow-down of revenue.
On ‘Catastrophic’ if downgraded to junk
Posted 2 September 2015, 10:17 p.m. Suggest removal
banker says...
Interesting that in Canada, these very same banks do not have a no-sunglasses policy. Nor do they have a security guard at the door.
On POLITICOLE: Snowden, surveillance and banks blinded by policy
Posted 1 September 2015, 9:33 p.m. Suggest removal