WITH THE spectre of another Moody’s downgrade of this country’s credit worthiness – after being dropped to a notch just above “junk” – the Christie government quickly grabbed onto the completion of Baha Mar as the lifeline from its economic woes. It had hardly dodged that bullet when it was faced with union bullies threatening to “shut the country down”.
SOME wag once advised that a good rule of life is that “whenever someone says ‘trust me’ run.”
LATE yesterday afternoon Prime Minister Christie took the “Shaunae Miller” Olympic dive to the micro-phones to give the Bahamian people the first bit of concrete news as to the future of the shuttered Baha Mar resort.
IN Thursday’s Tribune, a letter writer tried to strip Prime Minister Christie of his legacy — Baha Mar.
THE current controversy about parliamentary privilege and the involvement of the courts should ring alarm bells for the Bahamian public because this dispute goes to the heart of the nation’s constitutional democracy.
IF THERE ever was an argument for the retention of the Privy Council as The Bahamas’ court of last resort it was dramatically illustrated in the House of Assembly in the past few weeks as a confused Speaker allowed certain members to overstep the boundaries of free speech under the guise of parliamentary privilege.
THERE was understandable outrage in the community to Montagu MP Richard Lightbourn’s recent suggestion in the House of Assembly that to solve today’s social ills legislation should be introduced that unwed mothers of more than two children should have their “tubes tied”. He quickly apologised for his indiscretion.
IN AN interview with our business editor last week an outspoken QC declared that “Bahamianisation has been more of a curse to The Bahamas than a blessing”.
TODAY The Tribune says without apology that Hubert Alexander Ingraham should be the man at the head of our government in this, its hour of urgent need.
“GET up and get going or you will be gone!” was the swift kick in the pants that the late Prime Minister Sir Lynden Pindling gave his MPs on the last night of the PLP’s 35th national convention.
IN THIS column yesterday we confirmed Mr Richard Lightbourn’s statement in the House that students, caught up in the get-rich-quick euphoria of the drug era, were writing essays on how they wanted to become drug dealers like some of their family members and friends.
A MINOR kerfuffle was created in the House of Assembly on Thursday during the debate to create the University of The Bahamas.
“FIRE Moody’s if The Bahamas is given a downgrade for poor performance,” suggested former State Finance Minister James Smith on learning that Moody’s was threatening to downgrade this country’s credit rating within the next two months.
MOODY’S has given The Bahamas a two-month reprieve in which to either initiate a programme that has the potential of improving this country’s economic growth rate or face its present Baa2 bond rating being dropped to junk status.
ON FRIDAY in its Investors Services newsletter, Moody’s announced that the Bahamas’ Baa2 rating was now on review for a downgrade.