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Permanent Link: http://ufdc.ufl.edu/UF00084249/03009
 Material Information
Title: The Tribune.
Uniform Title: Tribune. (Nassau, Bahamas).
Alternate Title: Nassau tribune
Physical Description: v. : ill. ; 58 cm.
Language: English
Publisher: Tribune
Publication Date: 10/10/2007
 Subjects
Genre: newspaper   ( sobekcm )
Spatial Coverage: Bahamas
 Notes
General Note: Description based on: Vol. 79, no. 210 (Aug. 3, 1983); title from caption.
 Record Information
Source Institution: University of Florida
Rights Management: All rights reserved by the source institution and holding location.
Resource Identifier: oclc - 09994850
oclc - 9994850
sobekcm - UF00084249_03009
System ID: UF00084249:03009

Full Text










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FOR fi

HIGH 86F
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: 103 No.266


The


Tribune


BAHAMAS EDITION


WEDNESDAY, OCTOBER 10, 2007


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onch


Human rights activist says

those imposing religion

on others should be

mindful of constitution


* By ALISON LOWE
Tribune Staff Reporter
alowe@tribunemedia.net
THE idea that the Bahamas
is by definition a Christian
nation must be "debunked" and
those who are seeking to
impose their religion on others
-sdrnd(1T -t-he--. om-
stitution, a human rights acti L'st
said yesterday.
"The level of rank discrimi-
nation against those of alterna-
tive lifestyle in our country is
appalling," said attorney Fred
Smith in response to the recent
furore over the call for a gay
TV channel by the Rainbow
Alliance.
"Our constitution very clear-
ly protects freedom of associa-
tion, and it says that every per-
son is entitled to to the funda-
mental rights and freedoms
whatever his or her political
opinions, creed or sex and it is
only subject to respecting the
rights of others."
Mr Smith spoke out against
use of the preamble to the con-
stitution as a basis upon which
to justify the imposition of
Christian ideals on all members
and areas of Bahamian society.
"The preamble does indeed
refer to a respect for Christian
values," noted Mr Smith, "but
more importantly it refers to
the Bahamas being a democra-
tic state subject to the rule of
law.
"Enslavement by this demo-
cratic nation to one religion, be
it Christian or otherwise, is


specifically outlawed under
chapter three of the constitu-
tion which speaks to our fun-
damental rights and freedoms."
He added: "That is the chap-
ter that you look at for your
rights not the preamble."
The attorney said that, while
the majority of Bahamians may
identify themselves as Chris-
tians, this too does not gives
them the right to seek to domi-
nate those with other belief sys-
tems.
Mr Smith said that unless the
gay community is infringing
upon anyone else's rights, the
Christian Council should also
be respectful of theirs, particu-
larly in light of the Christian
SEE page nine


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4


FORT CHARLOTTE MP Alfred Sears, Opposition spokesperson for Foreign Affairs Fred Mitchell and MP for Yamacraw Melanie Griffin yesterday
at a press conference where they claimed that the FNM government cannot be trusted to protect the heritage of the nation.
SSEE story on page three.


Christie defends his

record in government


* By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net
OPPOSITION leader Perry
Christie responded to his critics
yesterday, stating that the
record would reflect howtsuc-
cessful his government was dur-
ing his five-year term.
In spite of criticism levelled at
the former administration, Mr
Christie believes that the sub-
stantial contributions his party
made to the country resulted in
the economic progress of the
nation and left the country in
good shape when the FNM
regained power after the May
general election.
"People for political reasons
will obviously take a different
point of view...no matter how
good my governance was...those
who are opposed to it political-
ly will take a different view,"
he said during an interview with
The Tribune yesterday.
"When we came to power,
for example, we met the entry
to New Providence (Prince
George Dock and the Interna-
tional Airport) in shambles,
they were being described by
airlines and cruise ship opera-
tors as potential disaster areas.
"We had to come in and fix


those things. We could claim
that Ingraham'neglected infra-
structure, he may argue he was
fixing something else, but clear-
ly every government comes in
with a position on its predeces-
sor."
Mr Christie also believes
decisions made by the current
administration in attempting to
change all policies and agree-
ments left in place by the PLP
will lead to the slowing down
SEE page nine


* By PAUL G
TURNQUEST
Tribune Staff Reporter
pturnquest@tribunemedia.net
DESPITE their claims of
transparency and account-
ability, ,overspending accu-
sations have already been
raised against the FNM gov-
ernment over the issuance
of contracts for school
repairs throughout the
Bahamas, The Tribune


has learned.
On October 3, Minister of
Works Dr Earl Deveaux
tabled a document from the
Ministry of Education in the
House of Assembly outlin-
ing summer repair projects
and new classroom blocks
for 2007.
It also showcased the
number of projects issued in
this particular field since the
SEE page nine


PLP official: 'Ninety' has
right to appeal to govt
for review of his claims
By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net
THE alleged Bahamian drug trafficker extradited to the
United States on related charges a year ago has the right to
appeal to the government for a review of his claims, a senior PLP
official said yesterday.
Former Minister of Education Alfred Sears spoke to The
Tribune regarding the extradition of Samuel 'Ninety' Knowles
to the United States on drug-trafficking charges amid accusa-
tions by Knowles that his constitutional rights are being violat-
SEE page nine


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Temporary stop



order issued



on construction



of warehouse


Source says minister told

Shirlea neighbourhood

residents at town meeting


* By BRENT DEAN
Tribune Staff Reporter
bdean@tribuneriedla.net
A TEMPORARY stop order
has been issued by the Depart-
ment of Town Planning for the
construction of a controversial
warehouse in a Shirlea neigh-
bourhood.
"We are elated," said one
resident of the neighbourhood
- who wished to remain anony-
mous yesterday.
The source said that residents
were informed of the tempo-
rary stop order on Tuesday
night at a town meeting, by
Minister of Public Works Earl
Deveaux who was accompanied
by an official from the town
planning department.
Craig Delancy, building con-
trol officer, confirmed to The
Tribune that the order has been
issued, "for further investiga-
tion" into the matter.
With an investigation under-
way, no final decision has yet
been made, Mr Delancy said,
on whether or not the building
will continue.
Residents of Shirlea have
launched a vocal public cam-


paign to stop the construction
of the steel warehouse at the
corner of Shirlea Road and
Lancaster Street, over the last
few weeks.
To advance their position,
they have also created a lobby
group, The Coalition to Save
the Neighbourhood.
The temporary stop order,
the source said, will allow resi-
dents and officials to investi-
gate and meet further with the
owner Dennis Pinder to see
"what can happen".
The residents have already
accumulated a petition with
more than 90 names, protest-
ing the structure that many sug-
gest will generate traffic and
noise in a quaint neighbour-
hood, while also blocking light
and air from circulating to near-
by homes.
Mr Pinder has maintained
that he went through all of the
necessary processes, evaluation
and approvals before construc-
tion began on the building.
"It is done properly, it is
done legally, it was stamped
and approved by the ministry.
Before I bought the land, I
checked to see if it could be


used for commercial property
and they (Town Planning) told
me 'yes it could be'," he told
The Tribune in September.
Aside from this warehouse,
other commercial properties
exist in the neighbourhood.
This is also a point of con-
tention for the residents.
"It's not just the construction
of the warehouse that bothers
(residents) it's other types of
businesses that were established
(in the neighbourhood)
without proper zoning," Nel-
son George told The Tribune
on a visit to the site a few weeks
ago.
A grassroots campaign aimed
questions at the relevant
authorities about the project
long before residents began
writing letters to the minister
or bringing their concerns to
the media.


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* By BRENT DEAN
Tribune Staff Reporter
bdean@tribunemedia.net
FORMER PLP Senator
Paulette Zonicle is running for
the chairmanship of the PLP
and also expects to be the next
candidate for the St Cecilia con-
stituency when Cynthia Pratt
steps down from the post.
"As soon as former deputy
prime minister and deputy
leader of the Progressive Lib-
eral Party decides how she will
go about it she has agreed to
stay the five year term and
immediately after that, I hope
that I am the person," Mrs Zon-
icle said on the Gems Radio
shove, The Way Forward, yes-
terday.
Mrs Zonicle acknowledged
that there is no guarantee that
she will automatically become
the candidate after Mrs Pratt
steps down. However, when
asked by host Michael Pintard if
she expects to be the party can-
didate after Mrs Pratt, she
responded: "Of course confi-
dently so."
"I am very confident that I
have worked very hard within
my party. I continue to do so. I
believe that my party will sup-
port me as I vie for the candi-
dacy of St Cecilia when the time
is appropriate," she said, not-


ing that an interview by Candi-
date's Committee and confirm,
mation by the National Gener-
al Council are both necessary
before candidates can run under
the party banner.
Referring to the race for the
chairmanship, Mrs Zonicle said
that PLP Leader Perry Christie
prefers that current members
of parliament do not run for the
chair of the party.
"He believes that the current
members of parliament ought
to focus on the areas that they
represent.
"That's his view. He does not
- and I have never heard him
say that those of us who are
vying to become candidates
cannot or should not vie to
become.chairman, because as
you understand, we are not rep-
resenting a constituency," she
said.
"It's very difficult to hold two
very powerful positions at the
same time and be good at
them," Mrs Zonicle continued.
"You are going to fail at some-
thing, and you do not want to
fail during a general election as
chairman; and you do not want


to fail during a general election
as a candidate. You do want to
win. And so it is very important
that you focus on one or the
other."
If successful in winning the
chairmanship of the party, Mrs
Zonicle said that she would step
down from the post before a
general election, as it would be
difficult to carry out both roles
- as candidate and chairman -
simultaneously.
Glenys Hanna-Martin, the
current Englerston MP, is the
only other publicly declared
candidate for the chairmanship
of the PLP.
And thus far, it is still unclear
whether or not the PLP will
have a convention this year. The
last party convention was in
2005.
One party supporter who
wished to be anonymous, told
The Tribune that with Mrs Zon-
icle's announcement, along with
that of Mrs Hanna-Martin, it
seems that the women of the
party have "more courage" to
step forward and reorganise
the PLP, than the men at this
time.


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PAGE 2, WEDNESDAY, OCTOBER 10, 2007


THE TRIBUNE















I Mitchell claims FNM cannot


* FLORIDA
Play 3: 6-8-9
Cash 4: 9-6-1-6
* ILLINOIS
Midday Pick 3: 2-4-4
Midday Pick 4: 9-9-5-1
Evening Pick 3: 2-1-3
Evening Pick 4: 4-6-6-4
N NEW YORK
Numbers
Midday: 5-8-2
Evening: 5-6-8
Win 4:
Midday: 6-8-2-1
Evening: 5-7-0-7


o In brief

Tropical
depression
may develop
in Caribbean
A TROPICAL depression
could develop over the north-
wes.tern Caribbean over the
next'two days, Reuters reported
yesterday.
The international news
agency said that an area of low
pressure centred over the north-
western Caribbean Sea could
become a tropical depression
before reaching the east coast of
the Yucatan Peninsula.
The US National Hurricane
Centre said the system was
about 100 miles east of Chetu-
mal, Mexico.
According to AccuWeather
forecasters, the system could
move overland within a day,
making the chances of it devel-
oping into a tropical storm
before reaching land "unlike-
ly".
The NHC will reportedly
name the next tropical storm
Noel.

Public are
invited to
Torchbearers
meeting
The National Torchbearers
Youth-Association has extend-
ed a invitation t the public to
attend its general meeting and
interactive educational forum
on Wednesday.
The meeting will take place at
7.30pm at the Free National
Movement (FMN) Headquar-
ters on Mackey Street..
The guest speaker will be
Keith Kemp, HIV/AIDS edu-
cator and CARICOM youth
ambassador for positive living.
Organisers said refreshments
will be served.

Man faces
charges of
stealing and
assault
FREEPORT A 21-year-old
man was charged in connection
with the theft of $7,200 from a
car wash.
Shane. Lester Rolle, a resi-
dent of South Bahamia,
appeared before Acting Deputy
Chief Magistrate Helen Jones.
Rolle is charged with five
counts of stealing and assault
with a deadly weapon.
SIt is alleged that the accused
stole: $2,000 cash on Sunday,
September 16; $3,200 cash on
Monday, September 24; $1,300
cash on Friday, October 5; and
$700 cash on Saturday, Octo-
ber 7 for a total of $7,200,
from the property of One Stop
Auto.
Rolle is also accused of
assaulting Brett Turnquest with
a deadly instrument a screw-
driver on Sunday, October
7, while at the auto shop.
He pleaded not guilty to the
.charges and was released on
$7,000 bail with sureties. The
matters were adjourned to
March 3 for trial.

Are YOU
Vex?
Email us at
whyyouvex@
tribunemedia.net
and let us
know what's
on your mind
S...g .. ..... ..... ..... ..... -





be trusted to save heritage


1.By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net
SENIOR PLPs warned the
public yesterday that the FNM
administration cannot be trust-
ed to protect the heritage of
the nation.
The FNMs decision to revoke
funding for the restoration of a
Bahamian building in Harlem-
as well as the decision not to host
Carifesta has evoked "disap-
pointment" and harsh criticism
from the former administration.
Opposition Spokesman for
Foreign Affairs Fred Mitchell
spoke on the issue at a press
conference held the office of
the leader of the opposition.
He was accompanied by
senior PLPs, including MP for
Fort Charlotte Alfred Sears
and MP for Yamacraw Melanie
Griffin.
The leader of the opposition,
Perry Christie was on the
"premises however was not pre-
sent during the press conference.
According to Mr Mitchell,


the PLP administration made a
commitment to-the Bahamian
community in New York to
"save, store, and develop" a
building located on 137th
Street in Harlem.
This building, which had
been in the hands of Bahami-
ans living abroad since 1946,
was slated to be sub-let for an
exhibition space for the
Bahamas American Associa-
tion (BAA) ard used by
Bahamian diplomats and offi-
cials visiting or living in New
York, Mr Mitchell said.'
He said the BAA had
secured funding for the project
and did not ask the Bahamian
government for any money.
However, Mr Mitchell said,
the parties involved recognized
the connection of the building
with "Bahamian cultural her-
itage" and set forth a proposal
to the government that would
allow for the asset to remain
in Bahamian hands.
"Our administration agreed
therefore to take a 99 year
lease on the property, the price


of which would have been the
development costs of the pro-
ject estimated at $1.2 million..
. the government would have in
fact owned the asset at the end
of the day," Mr Mitchell said.
He added that Deputy Prime
Minister Brent Symonette met
with the BAA in Harlem on
September 29, toured the pro-
posed building, and
"promised" Bahamians that he
would do his best to persuade


"his other 19 colleagues that
the'project should proceed."
According to Mr Mitchell, a
Cabinet decision on the mat-
ter was unnecessary because
the matter had been previous-
ly approved by the former
administration, however in the
House of Assembly Mr Symon-
ette announced that the gov-
ernment was not proceeding
with the project.
Mr Mitchell called the FNMs
decision not to fund the
restoration a "direct slap in the
face to Bahamians every-
where" saying that it demon-
strated the government's "lack
of sensitivity and understand-
ing" on the need to protect the
cultural heritage of the nation.
This, he said, is further evi-
dence of how "casually the
FNM dispenses with lawful
commitments made by the gov-
ernment for what appears to
be political reasons."
The Tribune attempted to
contact the deputy prime min-
ister, however he was in cabinet
and was not available for com-


ment as of press time.
During an interview with
The Tribune following the
press conference, former prime
minister Christie remarked that
it was no longer surprising to
his party that the FNM would
"second guess" agreements left
in place by the PLP.
"The FNM has made a terri-
ble mistake in really setting
about to change what the PLP
government put in place.. .we
are no longer surprised. Mr
Ingraham has come into power
and he has decided he has to
review everything we have
done."
Johnley Ferguson, chairman
of the FNM, told The Tribune
that he was aware of the plans
for restoration of the building,
but as he was not certain of the
status of the project he could
not comment on it specifically.
He did respond to Mr
Mitchell's claims that the FNM
cannot be trusted, saying: "The
FNM is busy trying to save
some of the trust that was vio-
lated by the PLP."


amaw


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. By ALISON LOWE
Tribune Staff Reporter
alowe@tribunemedia.net
A new prison which could
be funded by a private investor
- should be built on z Family
Island to ease dire conditions
at Fox Hill, it has been claimed.
Attorney and activist Paul
Moss said that prison reform
cannot come about "based on
the model that is there (at Fox
Hill)."
Instead, an entirely new
facility should be built on an
island outside of New Provi-
dence, which would in one
stroke reduce overcrowding at
Fox Hill and help develop the
out islands. -
"(The current) 'maximum:
security (unit) could be used"
either as a museum or a training
facility," suggested Mr Moss.
Meanwhile, only those who
have committed non-violent
crimes would be held at Fox
Hill, while more violent crimi-
nals would be sent to the Fam-
ily Island prison.


POLICE are questioning a
number of individuals from
settlements around Eleuthera,
but have yet to identify an offi-
cial suspect in the brutal mur-
der of a middle aged woman in
her home over the weekend.
The victim, Sylvia Cates, was
found in the bedroom of her
home in Rock Sound,
Eleuthera wrapped in a quilt.
Her face bore numerous
bruises, and cuts about the
body suggest that she may
have been assaulted with a
knife as well.
Concerns for her safety
arose when her car was dis-
covered abandoned in the
Green Castle settlement.
According to Billy Cates, the
brother of Mrs Cate's deceased


Mr Moss, who this year
joined the PLP, has for years
spoken out against conditions
at Her Majesty's Prison. He
has noted poor ventilation,
inadequate water quality and
supply and overcrowding as
among harsh conditions pris-
oners have to endure.
He yesterday prioritised the
need for decent water, claim-
ing that inmates have suffered
from'skin conditions and other
ailments as a result of poor
quality water that is available
to them. "They need to sur-
face the pipes," he said.
The prison staff's working
environment has also received
attention, as Mr Moss has
'described-provisions made fo#
ithem fihinei lty and fac 'of
equipment they have access to.
Mr Moss said yesterday that
a lack of funds cannot be
blamed for not taking drastic
action towards prison reform,
nor manpower, which can be
obtained from within the
prison population itself.
"If the government can


husband, the vehicle appeared
to have overturned several
times in the bushes.
Her two brothers-in-law dis-
covered her body on Saturday
at around 8.20am.
On Monday, members of
her family said that Sylvia
Cates was a pillar of the com-
munity and did not deserve to
die in such a manner.
David, the son of the victim,
said he wants the public to
know who his mother was -
not just the country's latest
homicide statistic, but a won-
derful and decent person.
"My mother was laid off on
the floor, covered over in a
quilt, and bludgeoned to death,
and almost beyond recogni-
tion. And this was in her bed-


negotiate heads of agreements,
they can negotiate in a real
way for money to build a
prison facility," he said.
The state of the current facil-
ity and the regime that exists
within it is not conducive to the
reformation of those individu-
als who enter it, he said. "It
makes no sense to treat (pris-
oners) as animals (because)
then when they come out they
act like animals, they'll be no
different from how they were
(when they committed their
crime)," he said.
Mr Moss said work pro-
grammes allow prisoners to
"build a good work ethic", but
h said they must be criticised
, LArf tLAC-^ '-^<..^'- 4 A.* "Th.'


a ed tg' part.
In May, newly-appointed
Minister of National Security
Tommy Turnquest said that
the FNM government is com-
mitted to prison reform.
Several calls left for Mr Turn-
quest this week and last week
on the issue were not returned.


room," he told The Tribune.
Mr Cates said his mother
was "not a person to sit down
and be idle. She was involved
in her community. If people
needed clothes she found
clothes for them.
"If people wanted food, she
found food for them. In the
Hurricane Floyd relief effort,
she ran her own thing, inde-
pendent of what the Red Cross
and the government were
doing."
This latest homicide shocked
the small community of South
Eleuthera, Mr Cates said. And
if nothing is done to curb this
upward spiral in crime, he
warned, the public will read
about this kind of violent act
"more and more."


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No official suspect in murder

of Sylvia Cates on Eleuthera


WEDNESDAY, OCTOBER 10, 2007, PAGE 3


THE TRIBUNE










PAGE 4, WEDNESDAYOCTOROIBER 10,2007ZTHE TRIBUN


The Tribune Limited
NULLIUS ADDICTS JURARE IN VERBA MAGISTRI
Being Bound to Swear to The Dogmas of No Master

LEON E. H. DUPUCH, Publisher/Editor 1903-1914

SIR ETIENNE DUPUCH, Kt., O.B.E., K.M., KC.S.G.,
(Hon.) LL.D., D.Litt.

Publisher/Editor 1919-1972 -
Contributing Editor 1972-1991

EILEEN DUPUCH CARRON, C.M.G., M.S., B.A., LL.B.
Publisher/Editor 1972-

Published Daily Monday to Saturday

Shirley Street, P.O. Box N-3207, Nassau, Bahamas
Insurance Management Building., P.O. F-485, Freeport, Grand Bahama

TELEPHONES
Switchboard (News, Circulation and Advertising) 322-1986
Freeport, Grand Bahama: 1-(242)-352-6608


Illiteracy threatens Bahamian economy


PHEW!
While wiping beads of perspiration from
the brow, "Phew!" is the only comment possi-
ble after reading the report of how thriving
illiteracy is undermining the economy of
today's Bahamas.
A revue by the Coalition for Education
Reform, made up of employers and trade
unionists, concludes that if not corrected the
woes and corresponding low academic achieve-
ment of today's Bahamian educational sys-
tem will lead to "lower economic growth and
increased social instability."
A report on the Coalition's conclusions by
Tribune Business Editor Neil Hartnell was
published in yesterday's Tribune.
And so not only is a Bahamian's lifestyle
affecting his health this country is ranked
109th out of 191 countries assessed by the
World Health Organisation for life expectan-
cy; the lowest in the Caribbean next to Haiti -
but poor education is also handicapping his
ability to afford a healthier lifestyle. Too many
of today's public school youth, on leaving
school are unemployable. They cannot meet
the requirements of a technological age. Nor
are many of them well enough equipped to
fill less skilled jobs.
It's a vicious circle. Unable to earn a decent
living for lack of education, they will not be
Sable to afford the foods that could protect
them from such Bahamian killers as diabetes,
hypertension and heart disease. And so edu-
cation is the key even to a lifestyle change.
According to the Coalition: "Everyone in
business, science and engineering agree that an
understanding of basic maths is critical to a
range of both low-tech and high-tech jobs.
From carpentry to copiiputer system mainte-
nance, the management of a small business
and even management of one's personal
finances.
"Cooks must be able to understand portion
control when following a given set of recipes.
"A maid working in a modern hotel must
.use a telephone to input information into a
system that is available to the front desk so that
rooms can be filled promptly.
"The cashier no longer just receives cash.
She must be able to multi-task.
"The maid, dishwasher and handyman must
be able to read the safety warnings and follow
operating instructions that can change. It is
essential for maintenance work on equipment
that runs 24 hours a day, seven days a week."
And now for the depressingstatistics:
Assessing English and Maths, the two basic
literacy competencies that are considered vital
by Bahamian employers, using the Coalition's
four-point system, it was found that 55 per
cent of all public high school students sitting


NOTICE
NOTICE is hereby given that CHRISTOPHER NEIL GUY of
PINEDALE #69, NASSAU, BAHAMAS, is applying to the
Minister responsible for Nationality and Citizenship, for
registration/naturalization as a citizen of The Bahamas,
and that any person who knows any reason why
registration/ naturalization should not be granted, should
send a written and signed statement of the facts within
twenty-eight days from the 10TH day of OCTOBER,
2007 to the Minister responsible for Nationality and
Citizenship, P.O.Box N-7147, Freeport, Bahamas.




'oqngratu(ations to


Daniel Pennerman









U .





1 0th Grade student at St. Andrews
School. 3 consecutive years on the
Honour Roll, two of them on the
Principal's List. From his proud
parents and grand parents.


English Language in 2006 would have achieved
an "F" or failed grade.
In poor performing Bahamian public high
schools, the percentage of those achieving an
"F" or failed in English Language increased to
61 per cent.
However, in private schools, just 13 per cent
of students failed in English in 2006 with only
1 per cent in the best private schools in the "F"
or failed column.
According to the Coalition's report in maths
some 82 per cent of public high school stu-
dents sitting the exam in 2006 failed, a per-
centage that increased to 90 pet cent for the
worst performing schools using the four-point
system.
However, in the private high schools, just 33
per cent obtained an "F" in maths, a figure that
fell to 1 per cent for the best performing
schools.
The Coalition also discovered that young
Bahamian men were drifting away from edu-
cation. Of the 23,063 students who sat the
BGCSE exams in 2006 only 39 per cent were
male.
Early last year Bahamians were warned of
the dire consequences they would face if in a
global economy Bahamians believed that
"D+" was an acceptable passing grade for
BGCSE exams. Despite the warning, we are
now further down the scale with our economy
dependent upon "F" graded graduates.
In a newsletter, issued early last year by the
Fidelity Group of Companies, Bahamians were
told bluntly that they would have to stop rely-
ing on their Bahamian nationality to secure
them employment. They were,warae4d, hat.
outsourcing and offshoring meant that.there
were thousands of English-speakintig' p`r0 s
around the world who could take their jobs
without needing a Bahamas government work
permit.
Unless young Bahamians step up to the plate
and take their education seriously, they will
find that businesses will have to import more
foreign labour to service a growing economy.
Bahamians might not want to believe it,
but a call to US Air to book a flight will be
answered in Mexico as will a business call to
,American Express. American Airlines' calls
are answered in Trinidad and Delta calls are
serviced from India.
Already some US newspapers are out-
sourcing their advertising production and
design to graphic artists in India.
Indolent Bahamians will not appreciate
how seriously their future is threatened until
one bright morning they might wake up to
find that they have been replaced by a cul-
tured voice from India, saying: "Good morn-
ing, sir, may I help you?".


You're hired,




you're fired:





a rebuttal


EDITOR, The Tribune
IN the Guardian's editorial,
"You're hired; you're fired",
the writer was exceptionally
kind to the FNM government
and the President of the
Bahamas Public Service Union
(BPSU), Mr John Pinder,
clearly giving both parties the
benefit of any available doubt.
The editorial states that
"they (the temporary workers)
were offered a job, perhaps by
an MP, which they no doubt
accepted and had the expecta-
tion that they had finally land-
ed permanent, safe and secure
employment. They were not
responsible for issuing their
own letters of appointment.
That is the function of the per-
manent secretary under dele-
gated authority conferred by
the Cabinet. Indeed, the per-
manent secretaries should have
been aware of exactly how
many of those workers were
brought into his or her min-
istry and should have conveyed
that information to the incom-
ing administration so that ade-
quate provisions could be
made in the upcoming budget.
If the permanent secretaries
did not carry out their duties in
this instance then one must
conclude that they failed the
workers: they failed the incom-
ing administration and they
also failed the out-going
administration."
I interpret this statement as a
deliberate attempt by the
writer to absolve the FNM cab-
inet of any responsibility for
the termination of these
employees. The writer seeks
to hold the permanent secre-
taries culpable, but howis it
that the government (the FNM
cabinet specifically) knew&
about and stopped $90 million
worth of contracts committed
by the PLP government and
was unaware of the number of
these temporary employees?
The needs assessment con-
ducted by the PLP administra-
tion was well publicized and
the FNM cabinet had full
access to this report; Opera-
tion Second Chance was also
widely publicised and funded
with $3 million; the Minister
with responsibility for the Pub-
lic Service was forthcoming
with an explanation about the
genesis of Operation Second
Chance; the existing budget
(2007/2008) reflects an increase
for the Operation Second
-Chance programme; at the
close of the last session of the


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Senate before that 2007 gen-
eral elections, Mr Carl Bethel
could be heard smarting at the
PLP senators about hiring
1,200 employees. In the face
of these very public and trans-
parent developments, why
does the writer not find it nec-
essary to place the blame
where it rightfully belongs, at
the feet of and on the shoul-
ders of the FNM cabinet?
They failed those workers, not
the permanent secretaries.
Like I said, the editor is being
very kind to the FNM govern-
ment.
Delegated authority is a
constitutional provision found
in chapter 31 of the Bahamas
Constitution that allows a gov-
ernment to fill an immediate
labour need in the public ser-
vice until such time as the
"paper work" if you will is
completed; for some reason
the Public Service Commis-
sion is always inundated with
a backlog of work, but the
business of government must
continue. Employees are usu-
ally hired month to month,
but it is clear to all and sundry
(and definitely the cabinet)
that the employees are in tran-
sition and as soon as the
paperwork is completed, the
temporary employees will
become permanent and pen-
sionable.
There should be no debate
or argument over this point
because it is essentially moot.
The irony and hypocrisy in this
redundant public debate is that
the politician with the most
experience in the use of this
instrument of government
(delegated authority), is the
very person who seeks to use it
and general orders to victimize
hundreds of Bahamians; this
politician is none other than
the Prime Minister.
His government used dele-
gated authority in February
1997 to hire hundreds of tem-
porary workers. We know that
the elections of 1997 took place
in March, literally days after
the approval was granted to
hire temporary employees.
This process was repeated
again by the FNM government
in the weeks leading up to the
2002 general elections. Regard-
less of the initial intent of the
FNM when these people were
hired, the incoming PLP
demonstrated the political will
and maturity to find the nec-
essary funding to make these
300 persons permanent and
pensionable.
John Pinder, no doubt,
observed both developments
and is now the beneficiary of
the union dues paid by these


workers who are now perma-
nent. You know the workers
who were hired before they
received letters of appointment
from the Governor General.
You know the same workers
who were hired just before the
general elections of 1997 and
2002. This same John Pinder
who conveniently lost his voice
and winked at the FNM on
these two auspicious occasions,
has now found his voice. The
editor writes, "and in agree-
ment with the BPSU president,
poor, unemployed people
ought not to be used as politi-
cal pawns". I wonder what Mr.
Pinder thought those poor,
unemployed people were
being used as when .hired by
the FNM in the days leading
up to successive general elec-
tions in 1997 and 2002.
Further, he is fully aware of
the actual process, vis-a-vis the
textbook procedure. This same
John Pinder now supports the
termination of these employ-
ees because, according to the
editorial, "he has not seen any
appointment letters and there-
fore these hapless souls are
probably temporary hires and
not worthy of help from the
union. In his words, they need
a letter from none other than
His Excellency the Governor
General of the Bahamas out-
lining their posting, terms and
conditions of work and
reminding them they are on
one year's probation." I hope
the membership of the BPSU
keeps this in mind during the
next BPSU election of officers.
I hasten to again remind the
Bahamian people of the role
of government: Duly elected
officials are to uise the instru-
'meiits of governmentl'to con-
tinuously improve and emipow-
er the lives of the people they
serve. The instruments of gov-
ernment were never intended
to and ought not to be used to
disempower and disenfranchise
any citizen. Firing some 1,000
persons does not empower
them and amounts to poor
governance.
This politically convenient
argument about "proper pro-
cedures" not being followed is
hogwash.because there are
many cases where persons
received their letters of
appointment from the Gover-
nor General after retirement
from the civil service in order
to qualify for old age pension
benefits.
In light of all of the devel-
opments mentioned above, I
am of the considered view that
the editor of the Guardian is
being extremely kind to the
FNM government and has
selected "kid gloves" when
dealing with them.
ELCOTT COLEBY
Nassau
September 23 2007


FNM Torchbearers


address to youth


EDITOR, The Tribune
Please publish the following
statement to the youth of our
nation.
My fellow young people:
I write to congratulate the
youths of our nation for doing
positive work and to contin-
ue to do so, for we are .the
next leaders of this great
nation.
I believe that all is not lost
with us as young people today
because we should think pos-
itively for the better.
We are the next nation
builders and it is my hope that
we shall continue building a
forward moving nation.
So whether you are from
Kemp Road, Bain Town, Fort
Charlotte, Carmichael, Grants
Town, South Beach,
Pinewood or the Family
Islands, I want you to remem-
ber, my fellow young people,
that you have a God-given
duty to do by putting in your


"10 cents" into building this
country whether you like it or
not.
This is our Bahamaland so
whether it be marketing,
sports, cooking, building draw-
ing or pasting Junkanoo cos-
tumes, etc, for everyone it is
important we do it together,
so let's do it together with one
voice in building our home,
The Bahamas.
I am encouraging all young
people across the Bahamas to
continue to make positive
steps forward as our motto
clearly states: Onward,
upward, forward and together.
Let us celebrate OUR
month: Youth Month!
God bless the The Bahama
Land and its youth.
JAMAL MOSS
President
Free National Movement
Torchbearers Association
Nassau
October 2007


.


I I I I I I


PAGE 4, WEDNESDAY, OCTOBER 10, 2007


THE TRIBUNE


Q uality A uto Sales^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^


I











THF TIPI IMPI WENSAOTBR1,20,PG


LOCAL NEWS I


* In brief

Rice urges
Congress
to approve
trade deals

* WASHINGTON
SECRETARY of State Con-
doleezza Rice urged Congress
to pass three Latin American
free trade agreements, saying
defeat of the deals would be a
tremendous blow to America's
standing in the region, accord-
ing to Associated Press.
Rice said Tuesday that such a
defeat would be a serious set-
back for the leaders of Peru,
Panama and Colombia and
their efforts to strengthen
democracy in their countries.
"It would send a signal loud
and clear across the region that
the United States cannot be
trusted to keep its promises,"
she said in a speech at the head-
quarters of the Organization of
American States in Washing-
ton.
Rice's speech was part of a
concerted administration effort
to jump-start its stalled trade
agenda in the face of rising
unhappiness as America's trade
deficits have soared to record
highs.
In the past two weeks, key
House and Senate panels have
approved a deal with Peru,
putting it on track to be the first
free trade deal passed by Con-
gress since Democrats took con-
trol of the House and Senate at
the beginning of the year.
The deal with Peru and a sep-
arate free trade agreement with
Panama are given good chances
of passage by Congress this
year, but approval of an agree-
ment with Colombia is seen as
less likely because of concerns
about human rights there.
The administration also has
a free trade agreement pending
before Congress with South
Korea but that agreement is
also given less of a chance of
winning approval this year
because of unhappiness with
Korea's barriers to US auto and
beef shipments.
Rice said increased economic
ties with the United States
would help support the spread-
ing movement toward democ-
racy and free markets in"Latin
America.
"The exceptions to this rule
may be noisy but they are head-
ing in the opposite direction of
the hemisphere," Rice said, not
naming any particular country,
although she later said that the
United States was preparing for
a transition to a democratic gov-
ernment in Cuba.

Bryan Adams
to sing for
peace at
West Bank

WEST BANK
Ramallah
THE Canadian rocker Bryan
Adams will headline concerts
-for peace in the West Bank and
Israel next week, with his per-
formances relayed by satellite
to London, Ottawa and Wash-
ington, organizers said Sunday,
according to Associated Press.
The New York-based One
Voice peace movement said the
concerts were aimed at bolster-
ing its campaign to collect one
million signatures of ordinary
Israelis and Palestinians
demanding that their leaders sit
down and finalise an agreement
on a Palestinian state living at
peace with Israel.
The head of One Voice's
Ramallah office, Fathi Darwish,
said Adams would launch the
West Bank event at a football
stadium in the ancient town of
Jericho,'then head to Tel Aviv
to perform.
"Our goal is to send a mes-
sage to the world, that the
Palestinian people love life, and
hope for life and liberation,"
Darwish said.
Adams, 47, had a series of
multi-platinum albums during
the 1980s and mid-1990s and
was nominated for an Acade-
my Award for "Everything I
Do," the theme for the 1991
Kevin Kostner film "Robin


Hood: Prince of Thieves".
One Voice said last month it
had just over half a million sig-
natories to its initiative split
about equally between Israelis
and Palestinians and was aim-
ing to reach the one million tar-
get by the end of the year.


FelfSzr uniie

PI s Cotro


Court rules that ministers cannot block



strike because dispute is before tribunal


A SUPREME court ruling
has refuted the long held prac-
tice of government ministers
blocking a strike vote because a
dispute has been referred to
the Industrial Tribunal.
In what lawyer and labour
leader Obie Ferguson called a
"landmark decision", Justice
Peter Maynard ruled on for-
mer minister of labour and
immigration Vincent Peet's
2005 decision not to conduct a
strike vote for Grand Bahama
Electrical Company workers.
At the time, Mr Peet said no
strike poll could be conducted,
because two of the three dis-
putes filed by the workers had
been referred to the industrial
tribunal, and the third deferred
until further notice.
However Justice Maynard
ruled on September 27 of this
year that the referral of a trade
dispute to the Industrial Tri-
bunal by the minister of labour
does not operate as a stay of a
poll under section 20(3) of the


'Landmark decision' has huge significance

for future labour disagreements in Bahamas


Industrial Relations Act.
"The ruling says a minister
has a function to do, but that
this function cannot interfere
with the rule of law," said Mr
Ferguson, who represented the
Commonwealth Electrical
Workers Union (CEWU) in
the case. "It showed that Vin-
cent Peet had no authority to
do what he did."
"It has been the practice
over the years that once a mat-
ter is referred to the tribunal, it
was stayed, and there wasn't
anything else you could do
about it," Mr Ferguson
explained.
The CEWU had called for a
judicial review of the minister's
September 2005 decision on
the basis of the Industrial Rela-


tions (Amendment) Act, 1996
and section 20(3) of the Indus-
trial Relations Act. The min-
ister of labour and immigra-
tion and the attorney general
were the respondents in the
case.
The union had claimed that
in refusing to supervise or des-
ignate an officer to supervise
a secret ballot poll, the minister
exceeded his jurisdiction, acted
beyond his powers and failed
to give proper effect to the pro-
visions of Section 20(3) of the
Industrial Relations Act.
In a notice of motion filed
in March 2006, the union
argued that the referral of a
trade dispute to the Industrial
Tribunal does not operate as a
stay of strike vote application


under the Industrial Relations
Act.
In his judgement, Justice
Maynard outlined the various
steps that must be taken and
the options at a minister's dis-
posal once a trade dispute is
reported to him, as well as the
conditions that must be satis-
fied before a strike vote can
take place.
"It appears to me that the
employees may express their
view on whether or not they
wish to strike and once the oth-
er requirements are fulfilled -
and they appear to have been
fulfilled in this case the ballot
shall be taken under the super-
vision of an officer of the min-
ister of labour and immigra-
tion," the judgement said.


"Unless that ballot is so taken
and certified by the officer to
be properly taken, a determi-
nation'upon a strike action
would not have been made
under the section."
Justice Maynard noted that
under Section 77 of the act, it is
an offence for any worker to
actually go on strike or for a
union or labour leader to call a
strike while a matter is before
the tribunal.
.However, the judge said he
does not accept that taking a
poll to see whether workers are
willing to strike is a contraven-
tion of this rule.
Mr Ferguson said that while
the judgement dispelled a long
held misconception about the
powers of a minister to stop a
strike vote, it will not result in
increased industrial action.
"This should make trade
unions more responsible. They
now have access to the law, and
they should act accordingly,"
he said.


Boutique opening prompts pledge for revitalised downtown


MINSTER of State for
Tourism Bran McCartney
pledged that the government
will create a revamped and
revitalised downtown shop-
ping experience.
He was speaking on Friday
as John Bull officially opened
its luxury Coach boutique on
Bay Street.
Mr McCartney said the gov-
ernment is determined to
introduce measures to
improve the appearance and
ambiance of the downtown
Nassau area. He said the sur-
rounding areas should also be
redeveloped, through a
process orchestrated by "gov-
ernment encouragement".
This comes as tourist com-
plaints about the condition of
Nassau's central shopping
area are at an all time high
and locals have expressed
their growing frustration with
the condition of Bay Street.
"The re-development
includes the encouragement
and creation of Bahamian
eateries and cultural enter-
prises," Mr McCartney said.
"Along with new and
improved facilities will come a
new excitement to the city,
and I am sure this is some-
thing that every resident wish-
es tb be fulfilled. We are com-
mitted to making it happen."
He said John Bull has already
embraced a vision of an
improved Bay Street by open-
ing several fine quality stores.
"The addition of this Coach
collection raises the bar of the
Nassau shopping experience,"
he said. "Our guests'will love
shopping in this boutique
because the Bahamas attracts


PICTURED FROM left are
Melanie Tully, manager and
buyer for Coach Bahamas; Mr
McCartney, Macushla
Hazlewood, vice president of
John Bull Group of Companies;
Marc Benitez, Coach
International account manager;
Rick Hazlewood, corporate
director of John Bull; and
Duane Roberts, John Bull CEO.

a large number of visitors with
fine taste. While we have a
tourism product that has
much to offer people of vari-
ous economic stations, a great
number of our visitors prefer
the luxury experience."
Mr McCartney joined the
principals of John Bull at
Coach on Bay Street, near
Charlotte Street, where scores
of guests were invited to a
preview of Coach's new
Bleecker collection.
Coach is world reniidVAed
for products made of natural
leather that burnish over time.
Mr MeCartney cut the rib-
bon to officially open Coach
on Bay Street.


Share

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news
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neighborhoods. Call us
on 322-1986 and share
your story.


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PAGE 6, WEDNESDAY, OCTOBER 10, 2007












T T ND AO E 00 A


*In brief Tougher laws needed to tackle
Singer visits
rural school

before concert hnmn
in Panama rti S Thom so


* PANAMA
Valle del Sol
SINGER Gloria Estefan
visited a dirt-floored, open-
walled rural school in Pana-
ma prior to a benefit concert
aimed at raising money to
replace such schools with
modern facilities, according
to Associated Press.
The school's students pre-
sented the Cuban-American
diva with flowers and small
Panainanian and Cuban flags
on Monday, and sang a song
for her.
"The beautiful thing is to
see that things are really
changing in the lives of these
children," Estefan said. "I
think the parents are doing an
incredible job in helping their
children. God willing, things
will change even more."
Estefan was accompanied
by her husband, Emilio Este-
fan, and Panamanian first
lady Vivian de Torrijos in the
visit to the school in Valle del
Sol, just west of Panama City.
De Torrijos praised Este-
fan for supporting an educa-
tion program organised by
the first lady to upgrade
Panama's so-called ranch
schools, which often have
nothing more than a teacher
or two, a blackboard and
chairs. An estimated 25,000
children attend such schools.
Teacher Veronica Cubilla
said running a school for 31
children aged 4 to 6 in such
conditions is a challenge.
"It is a problem when it
rains," Cubilla said. "We all
have to run to the centre of
the room to avoiding getting
wet."

Top detective
now in charge
of missing
girl case
PORTUGAL
Lisbon
ONE of Portugal's top
-cutiaies is taking charge of
the'ifi,'s'figation into the dis-
appearance of a British girl
who vanished while vaca-
tioning with her parents, offi-
cials said Tuesday, according
to Associated Press.
Paulo Rebelo, a senior
criminal investigation co-ordi-
nator at the national police
headquarters in Lisbon, was
appointed to the Madeleine
McCann case late Monday
after a meeting of police
chiefs, a spokeswoman said
on condition of anonymity in
accordance with police policy.
Authorities last week
removed the detective previ-
ously overseeing the investi-
gation after he criticised British
police in comments to a Por-
tuguese newspaper. Goncalo
Amaral claimed British detec-
tives co-operating in the inves-
tigation were being misled by
the girl's parents, who are sus-
pects in the case..
Rebelo was expected to
move to southern Portugal,
where the girl vanished May
3, and start work within days,
she-said.
Madeleine McCann disap-
peared a few days before her
fourth birthday during a fam-
ily vacation in Portugal's
Algarve region.
Parents Kate and Gerry
McCann say they were not
involved in their daughter's dis-
appearance and have run an
international campaign to find
their daughter. They have said
they are prepared to return to
Portugal for further police
questioning, if necessary.


A IRAo0IIA 7I, LL7J J5 Ax RAIjL7%yI


nient.
included is a simple require-
ment that all foreigners must
present identification passport
and immigration permit when
applying for a driver's licence
or its renewal.
'e also suggests the same
i*i iI should apply when for-
eigners license vehicles.
Licensing staff would be
in tructed not to issue licences
td&anyone without work permits
or residency documents.
Similarly. non-Bahamian chil-
dren must be accompanied by
parents to confirm their status
with school administrations,
whether they are applying for
places or already on the school
roll.
Foreigners seeking medical
treatment must also prove their
immigration status, he said.
While treatment would not be
denied, identity and status
would be established and
recorded and, if necessary,
referred to immigration author-
ities.


Mr Thompson also suggest-
ed a moratorium for employers
to produce names of illegal
immigrants they employ by a
given date and present applica-
tions for work permits.
And landlords must be
required to co-operate fully
with immigration authorities by
demanding their foreign tenants
produce documentary proof of
their immigration status.


Similar procedures were
needed in banks and money
transfer firms when attempts
were made to move money
overseas.
Mr Thompson's proposals
also call for tighter checks to
ensure foreigners leave the
Bahamas; Iithin the period for
which they were admitted.
Other suggestions include:
Prosecution with mandato-
ry prison terms for human traf-
fickers, including captains and
crews whose boats would be
seized.
Elimination of "squatting"
in shanty towns, with deadlines
for destruction of temporary
homes.
Cash rewards for informa-
tion leading to the detention and
apprehension of illegal immi-
grants.
Registration of illegal immi-
grants, properly categorised,
with consideration given to cit-
izenship when appropriate.
"It is suggested that some
form of resident card be insti-


tuted and given to those immi-
grants, who are granted resi-
dential status," said Mr Thomp-
son.
"Recipients of residential sta-
tus should pay an annual fee,"
he added, with cards being car-
ried at all times for presenta-
tion to police when requested.
"Immigrants must be made
aware that any criminal activity
or gross misconduct could cause
the cancellation of their status,"
he said.
The government, he added,
should seek top-level talks with
Haiti and the United States to
implement immigration laws
and use Haitian law enforce-
ment agencies in stemming ille-
gal trafficking from its ports.
He also suggested joint
patrols of sea lanes just outside
Haiti, with boats being stopped
and searched and, if necessary,
turned around.
He said these procedures
would help the government
"immensely" in controlling ille-
gal immigration.


TOUGH new laws are need-
ed to stem the flow of illegal
immigration as part of the
Bahamas' fight against crime,
it was claimed yesterday.
Tighter controls on existing
foreign residents in their every-
day lives could be used to gauge
the scale of the problem,
according to former senior
police officer Paul Thompson.
His comments came as crime,
and measures required to con-
tain it, continue to be at the
forefront of local debate.
Immigration, said Mr Thomp-
son, had an impact in many
areas of society, including
schools, hospitals, employment
and population growth.
But there was another con-
cern "which should be upper-
most in our minds" crime
and terrorism.
Mr Thompson submitted to
The Tribune a 16-point plan to
get illegal immigration under
control. He said he hoped it
would form a basis for public
information, study and com-


Food expo offers $50,000 in cash prizes


MORE than $50,000 in cash
prizes will be available for par-
ticipants in the four-day
Bahamas Agricultural, Marine
Resources and Agribusiness
Expo.
And, Bahamas Agricultural
and Industrial Corporation
deputy general manager A mold
Dorsett has confirmed that
more than half the 90 booths
have already been taken.
Slated for the Gladstone
Road Agricultural Centre
beginning November 11, the
expo aims to bring together the
best the Bahamas has to offer in
food production.
"This expo will prove to be
an excellent orientation for new
and mature farmers and other
agri-business persons concerned
about product quality and stan-
dards," said Mr Dorsett yester-
day.
Held under the theme, 'Pro-
moting locally sustainable
agricultural and marine pro-
duction and consumption:
strengthening agribusiness',
the expo encompasses the full


scope of the Ministry of Agri- headed by Long Island MP
culture and Marine Resources Larry Cartwright.


"It will be a friendly compe-
tition in food production ..
and we expect a great variety
of produce and livestock at this
exposition," said Mr Dorsett.
Sponsored primarily by the
Ministry of Agriculture and
Marine Resources, the expo has
drawn support from BAIC, the
Bahamas Agricultural Produc-
ers Association, the Inter-Amer-
ican Institute for Co-operation
on Agriculture and others.
"They realise this is some-
thing they want to be a part of
and we are really happy to have
them partner with us in this vital
area," said Mr Dorsett. "The
response has been very good.
"It is a good time to encour-
age the food production sector.
We.have been talking about the
vast amounts.of imports com-.
ing into this country. The con-
cept is that as we increase pro-
duction we should see the cost
of food commodities go down.
"And that is an important
aspect of this thrust to try to
get farmers to increase produc-
tion so we can cut the cost of


food in this country."
Patrons can expect exhibi-
tions of prized livestock, marine
products, fruits, vegetables, root
crops, processed foods, drinks,
ornamentals and souvenirs from
throughout the Bahamas. The
site at Gladstone Road will
have 24-hour security.
*Participants are invited to
play a part in topical discussions
and seminars to explore solu-
tions to some of the challenges
confronting this sector, which
have negatively impacted the
attainment of a greater degree
of national food security and
sustainability of our natural
resources, Mr Dorsett said.
In preparation for the show,
officials from the, Department'
of Agriculture willbe inspecting
livestock and produce in. the
Family Islands beginning this
week.
"This is a tremendous oppor-
tunity to have so many and as
diverse a group of Bahamians
coming together in one place to
encourage sustainable agri-busi-
nesses," Mr Dorsett said.


Bain and Grants Town



back t -school event



held at computer centre


THE Bain and Grants Town
Urban Renewal Centre offi-


cially re-opened its after school
programme this week.





a



>


ce


FROM LEFT are Chemaco Brown, assistant manager; Ella Lewis,
co-ordinator of Urban Renewal; parliamentary secretary Brensil
Rolle; Father Bernard Been, assistant priest, St Agnes; and Mary
Lightbourn, manager


The programme is held at the
Archdeacon William E Thomp-.
son Computer Centre on Bail-
lou Hill Road, next to St Agnes
Rectory.
Brensil Rolle, parliamentary-
secretary in the Ministry of
Housing and National Insur-
ance, delivered the keynote
address, stressing the impor-
tance of the Urban Renewal
Programme to residents of Bain
and Grants Town -- who, he
said, will benefit from the col-
laborative effort between the
church, businesses, individuals
and the community.
Mr Rolle urged students and
parents to take advantage of the
free programme as an opportu-
nity to use the internet to "trav-
el while still in Nassau" and net-
work with the rest of the world.


STUDENTS FROM the Bain and Grants Town community attending
the official re-opening ceremony for the Bain and Grants Town Urban
Renewal After School Programme at the Archdeacon William E
Thompson Computer Centre on Cameron Street and Baillou Hill Road
on Monday


He also encouraged them to
share their experience with oth-
ers and urge friends and other
students to become a part of
the Urban Renewal Pro-
gramme.
Mr Rolle told parents to keep
their children interested in want-
ing to learn about computers.
Ms Ella Lewis, co-ordinator
of Urban Renewal, spoke to the
children about being on the
"right tr.- k" and doing their


best. She also warned about, vis-
iting websites that could lead to
exploitation and abut.
She said that local .imli iri the
Urban Renewal Centre will be
on hand to help students with
their homework and school pro-
jects, as well as track their per-
formance and accomplishments.
Ms Lewis said the centre will
place "complete computer sys-
tems" at the disposal of stu-
dents.


British American Financial Breast Cancer Tip
Inflammatory breast cancer affects the breast differently than other breast cancer foris. It does not often begin witli
a lump or tumor, but rather cancer cells grow rapidly and invade the lymph nodes. This causes a blockage leading to -
a red, swollen breast. The skin of the breast may also show the pitted appearance called pean d'orange (like the skin
of an orange). Inflammatory breast cancer may be Stage IFB, Stage IIIC, or Stage IV.


You can survive breast cancer. Early detection through regular breast self-examl andl. a ru yulr program of .
mammogram and physical exams are crucial steps that c'L'crL 1L'ouin should 'mpll .


B\ British

l..American
F I N A N C I A L


Gennie Dean

50

Breast Cdncer Sui vivor for 6 years


TheTriuneobservesBreastacewarenessMonth 2d


WEDNESDAY, OCTOBER 10, 2007, PAGE 7


THE TRIBUNE
















Goin' down Burma Road...ain' ga lick nobody


F OR most Bahamians
Burma Road refers to
the 1942 riots over pay for the
men who worked on the
wartime air bases in Nassau.
Two rioters were killed by
British troops, more than 40
people were injured and over a
hundred arrested, but those
unprecedented events also led
to overdue social and political
reforms.
The name 'Burma Road'
had currency because of what
was going on at the same time
half-way around the world in
Southeast Asia. There, work
was underway on the real Bur-
ma Road so that the Allies,
could move troops and sup-
plies into China to fight the
Japanese.
Construction of that Burma
Road began in December
1942. Cutting through moun-
tainous territory in the north of
Burma. It was considered a
remarkable engineering
achievement at the time. The
Bahamian equivalent is now
known as Blake Road, and ran
from Caves Point to the pine
barren that was to become
Windsor Field and later our
international airport.
Explosives were used to cut
through the limestone hills
behind the caves in order to
access the new airfield. And
because we were on the same
side in the same war, this oper-
ation became colloquially
known as the Burma Road.
But there are more significant
similarities between what is
going on in Burma today, and
what took place in the
Bahamas 65 years ago.


Burma (or Myanmar)
is one of the world's
most closed and backward
societies. The former Bhuddist
kingdom was conquered by the
British in the late 19th century
and was taken over by the
Japanese in the Second World
War. They were helped by'
anti-British Burmese nation-
alists led by General Aung
San.
When Aung San realized the
Japanese had no intention of
conferring independence, he
switched allegiance to the
British and was able to nego-


tiite Burma's freedom with
Clement Atlee's nedwsocialist
government in 1947. But
shortly before independence,
he and his cabinet were assas-
sinated.
Only 32 at the time, Aung
San became a national hero. A
right-wing former prime min-
ister in the pre-war colonial
government was executed for
the killings. But it was later
rumoured that disaffected ele-
ments of Winston Churchill's
wartime government had
hatched the plot because they
saw Aung San as a traitor.
******


ack in the day,
British -colonial
authorities had a similar view
of Randol FawkeSgthe fiery
Bahamian nationalist and


Back then, it was illegal for
workers to "combine" against
their employer. But when the
airfield project began mopping
up some of Nassau's unem-
ployed labourers, two proto
unions came together to form
the Bahamas Federation of
Labour, which Fawkes later
led. As a teenager he recalled
the events of June 1, 1942:
"When we reached the cor-
ner of Marlborough and Cum-
berland streets we heard a
large shout. On looking toward
the hilltop we saw hundreds of


When the airfield project began
mopping up some of Nassau's
unemployed labourers, two proto
unions came together to form the
Bahamas Federation of Labour



labour leader who died in
2000. He was the most popu- ragged black workers moving
lar black politician of his time, downhill towards us. Some
and in 1958 he wa9 charged walked swiftly, blowing whis-
with sedition for making a ties. Others walked in a zig-
speech at Windsor2Pirk. Lat- zag fashion. Some carried
er acquitted, he continued his sticks. Others carried machetes
union activities and helped tip as they sung out aloud....As the
the parliamentary balance in news of the demonstration re-
favour of the PLP after the echoed through the villages,
1967 general election.. streams of workers poured into
Burma Road has been the cul-de-sac of Bay and
described as the firstsign of a George Streets."
popular movement in the
Bahamas. And in his 1988 ********
memoir (The Faith that Moved
the Mountain), Fawkes attrib- A
utes the birth of the labour after General Aung
movement to the 1942 riots: San's death, Burma
"As long as Fort Fincastle rests was plunged into chaos until a
on that immovable rocking our fellow nationalist restored
capital city," he wrote, "par- order in 1951. But eleven years
ents shall tell their-children, later the military took over,
and their children' fiall tell and built a rigid one-party
their own of the saga f Burma state. Government control was
Road." extended over every aspect of
:*~ ~ ~ ~ ~ ~ ,~ "l!. *:<


SCHOOL"










*Dworld school




The St Andrew's School community would like to
congratulate their students on the 2007 BJC, BGCSE and
International Baccalaureate (IB) examination results.

BJC Results: Thirty-eight (38) of our Year 9 students opted to sit these exams
with 96.0% A-D pass rate.

BGCSE Results: Sixty-four (64) Year 11 stUdents sat all of their examinations
and 47 passed five.subjects with an A-C grad6; The overall pass rate, including
the 19 Year 10 students who sat BGCSE Mathmnatics and attained 18 As, was
78%.


IB Results:
passed with


Twenty-three (23) of our 25 students taking the full IB Diploma
a 92% pass rate, compared to the world average of 80%.


We are very proud of the academic achievements of our graduating students
and of the quality of university admission 'offers and scholarships that they
have received. Among these students is I'bDiploma recipient, Lisa Rodgers,
winner of the most prestigious national award, The Bahamas All-Merit
Scholarship. Other top national awards were granted to Kai Chaplin, Bennett
Cole, Jacob Fountain and Jade Pratt, all IB Diploma students at St Andrew's
School.

We congratulate all our graduates and wish them continued success in their
university studies.

Thank you to the teachers, parents and friends of St. Andrew's who have
supported and continue to support the school in its educational leadership and
commitment to excellence.


Accredited by:
COUNCIL OF INTERNATIONAL SCHOOLS
NEW ENGLAND ASSOCIATION OF SCHOOLS & COLLEGES

,,
"%'; ~ I~' -
.


,',t*C))IW


Burmese life: intellectuals were
jailed, the economy collapsed,
and the country entered a state
of self-imposed isolation.
By 1987 Burma was con-
ferred "least-developed" sta-
tus by the United Nations and
international aid agencies.
Economic mismanagement,
poverty and currency devalua-
tion helped spark pro-democ-
racy demonstrations in 1988,
when as many as 10,000 people
were killed, thousands more
arrested and many tortured.
While Burma abounds with
natural resources such as oil,
gas, timber and precious met-
als, the average income per
head is less than $400 a year.
The junta siphons off the rest.
A new set of generals took
over during the 1988 crack-.
down and agreed to
elections. Aung San's daugh-
ter, Aung San Suu Kyi (who
is now 60), became the leader
of the pro-democracy move-
ment. A noted prisoner of con-
science and advocate of non-
violent resistance, she has been
awarded the Sakharov Prize
for Freedom of Thought as
well as the Nobel Peace Prize


for her struggle against the mil-
itary dictatorship.

E elections were held in
1990 with Aung San
Suu Kyi's party winning oyer
80 per cent of the seats in a
resounding rejection of mili-
tary rule. But the junta
declared the election void and
repression only intensified. Suu
Kyi earned the right to be
prime minister, but her deten-
tion by the military junta pre-


vented her from assuming that
role. She remains separated
from her children, who live in
Britain, and continues to be
imprisoned without trial.
In one of her most famous
speeches she said: "It is not
power that corrupts but fear.
Fear of losing power corrupts
those who wield it, and fear of
the scourge of power corrupts
those who are subject to it."
*****;**


There was no real
leader of the Bahami-
an Burma Road protests. By
most accounts it was a spon-
taneous venting by a couple of
thousand workers and their
supporters in the face of a
puny military force of 135
British troops (assigned to'pro-
tect the Duke of Windsor), 150
policemen and 146 volunteer
militiamen. Thankfully, there
was little violence, and the riot-
ers did not attack onlookers.
The military used weapons
only when it could not be
avoided (in the context of the
times).
Over two days, black
Bahamians moved up and
down white Bay Street and
through Grant's Town -
smashing windows and looting
stores. According to Colin
Hughes (in his 1981 book Race
and Politics in the Bahamas),
the riots were "a momentary
outburst of raw energy" that


"provided martyrs and a hero-
ic moment" to Bahamian
blacks "once a political move-
ment had finally started."
The fledgling Bahamas Fed-
eration of Labour chose Dr
Claudius R. Walker to meet
with the Duke of Windsor as
spokesman for the workers fol-
lowing the riots: "The under-
lying causes for this social
unrest are manifold," he told
the ex-king of England. "We
are in the majority but we have
minority problems. We are


AIR-CONDITIONERSI AIR-CON I
AIR-CONDITIONERS! AIR-CONDITION S
AIR-CONDITIONERS! AIR-CONDITIOE



STAY COOL ALL YEA


M."Iim
i p I 111



I N F i "


MULI ISC UN FUNIUREAN*R
'-o.,



EVE IN2 3 0 -
MIIrIu,


poorly housed, poorly fed and
poorly educated. Truth to tell,
we are the wretched of the
earth."

A week or so later the
Project workers
received a 25 per cent increase
in pay plus free lunches. And a
few weeks after that a House
of Assembly committee led by
Stafford Sands recommended
compensation for the (mostly
white) merchants whose stores
had been damaged. But
according to Dr Doris John-
son (in her 1972 book The
Quiet Revolution), among
those that the committee inter-
viewed were many who "in a
few years were to become the
nucleus of the opposition par-
ty which brought about the
defeat of the Bay Street
crowd."
Meanwhile, the Duke
appointed a commission of
inquiry composed of a non-
resident Englishman and two
white Bahamians that report-
ed at the end of November
1942. The commission called
for wide-ranging social and
political reforms, including
modern labour laws and trade
unions, more local government
in the Out Islands, shortening
the life 6f parliament from
seven to five years, raising tax-
es to make the wealthy con-
tribute more to the cost of
running of the country, and
introducing a one man, one
vote ballot.
All of these recommenda-
tions were eventually imple-
mented. And in 1962 the first
Friday in June was celebrated
as labour day-- a public holi-
day by some 20,000
Bahamians, with Randol
Fawkes as the main leader.
*******


n Burma, the latest pro-
democracy uprising has
been dubbed the saffron revo-
lution (referring to the robes
worn by Buddhist monks who
led the initial protests). In late
September tens of thousands
were marching in the streets.
There is no press freedom in
Burma and the government
quickly began turning off the
Internet and other means of
communication with the out-
side world.
According to one pro-
democracy biog, "While the
generals in power and their
families are literally dripping in
gold and diamonds, the peo-
ple of Burma are impover-
ished, deprived of basic human
rights, cut off from the rest of
the world, and increasingly
under threat of violence."
Addressing the UN Security
Council in New York last
week, special envoy Ibrahim
Gambari warned Burma's mil-
itary rulers against further
repression. And world leaders
said they have "very grave
concerns" about "hundreds,
possibly thousands" of monks,
nuns and others who have not
been seen since the latest
bloody crackdown. Western
powers have circulated a draft
Security Council resolution
which condemns Myanmar's
"violent repression ... of
peaceful demonstrations."
Although everything is rela-
tive, the Bahamian people
were able to achieve political
democracy and national inde-
pendence with. little violence
and suffering. Burma is far
away, but is there any doubt
that we should support its peo-
ple in their long-running strug-
gle for peace and democracy?

What do you think? Send
comments to larry@tribune-
media.net Or visit
www.bahamapundit.com.


There is no press freedom in
Burma and the government
quickly began turning off the

Internet and other means of
communication with the outside
world.


___


PAGE 8, WEDNESDAY, OCTOBER 10, 2007


THE TRIBUNE


--IICIIIIIIIII



I


.":;'~'; I,~. ..~:~tt'~:i; i!, iiPr~~:l.: . :;., u '~ I;r(;fli~i~Pg;S1' :.-










THE T R I B U N E W E D~~OCALNE SAEOTOEW0S00,PG
6'


FNM accused of

overspending

FROM page one

FNM came to power on May
2.
On one Family Island, a
contractor claimed, con-
tracts for school repairs
were only awarded to
known "FNM generals" -
and in one instance to
someone who "wouldn't
know a hammer from a
paintbrush".
Also, the source alleged,
the contracts were some
300 to 400 per cent over-
budgeted for the kind of
repairs needed.
Dr Deveaux last night
categorically denied there
were any inflated contracts
issued for the school sum-
mer repair programme.
Technical teams at both
the Ministry of Works and
Education, Dr Deveaux
said, reviewed the scope of
work necessary and
contractors were also invit-
ed to assist with this
process.
Teams at both ministries
then determined the scope
of work for the schools, Dr
Deveaux emphasised,
denying that he was
involved in the inflation of
contracting costs.
Yesterday, former Minis-
ter of Works and Utilities
Bradley Roberts told The
Tribune there were numer-
ous "excessive" contracts
he is investigating, and will
soon bring to public atten-
tion.
Mr Roberts said he
thanked God he had some
background in construction
and contractual work. This,
he said, allowed him to
properly gauge not only
the scope, but also the pos-
sible expenses that could
be incurred for Ministry of
Education school repairs
and classroom additions.
"I have some initial
information. For example,
out of Eleuthera someone
called telling me that
someone was given a con-
tract, saying that this guy
down there doesn't have
the slightest idea about
doing any damn construc-
tion work. And he admit-
ted to it!" Mr Roberts
exclaimed.
The ex-minister has
already attacked the FNM
government over contracts
he claimed were issued
"without competitive bid-
ding". These, he said, have
totalled over $23 million to
date.


Postal

workers go

on strike

again in

Britain

LONDON
POSTAL workers started a
second 48-hour strike on
Monday as a dispute over pay
and restructuring remained
unresolved, according to
Associated Press.
Postal staff belonging to
the Communication Workers
Union walked out after
weekend talks with manage-
ment failed to break a long-
standing deadlock.
The walkout, coupled with
a two-day strike last week,
has crippled mail delivery
across the country. The work-
ers held a two-day strike
Thursday and Friday after
talks with management failed
to resolve a long-running dis-
pute.
Royal Mail employees
have staged four national
strikes and other forms of
industrial action since the
summer, when they rejected
a 2.5 per cent pay increase
and the Royal Mail's mod-


ernisation plans, which the
union claims would cut
40,000 jobs.
The modernisation plans
are vital to help secure a suc-
cessful future for the compa-
ny, the Royal Mail says.
Talks aimed at resolving
the dispute ended Monday
night without agreement -
although union officials said
some progress had been
made.
Business leaders have
urged tlh two sides to keep
talking until a deal is reached.


PLP o


tto


appeal to govt for review of his claims


FROM page one

ed every day he is allowed
to remain in the "onerous,
afflictive and violative"
custody of a US prison.
"I think whenever a
Bahamian citizen makes an
allegation of alleged viola-
tion of their rights, the gov-
ernment has an obligation
to carefully review the alle-
gations and to satisfy itself
that there has not been any
breach of the person's
rights," Mr Sears said dur-
ing an interview yesterday.
In a typewritten letter
released to the Bahamian
media earlier this week,
Knowles appealed to the
Bahamas government to
"act decisively after inquir-
ing into the cause of (his)
unconstitutional confine-
ment within the United
States."
The authenticity of the
letter, signed Samuel
Knowles, "A Bahamian
Citizen", was confirmed by


the chambers of Roger
Minnis, one of Knowles'
attorneys.
"I was extradited to the
United States...to face spe-
cific drug charges in respect
to alleged dates, times,
places and people
involved," Knowles wrote.
He claimed this "specific"
information was the driving
force behind his extradition
to the US. However, he
asserted that the former
government-was "deceived
by, lied to" by US authori-
ties.
Knowles further claimed
that his constitutional
rights were "violated"
under the Treaty of Extra-
dition Act between the US
and The Bahamas, which
operates under the special-
ity rule.
According to Mr Sears,
the speciality rule is a well-
established principle under
international law, which
stipulates that a person
being extradited can only
be tried on the evidence set


forth in the application for
'extradition.
"No additional facts can
be introduced to charge
that person, whatever they
are charged with must have
been framed in the extra-
dition application. To go
beyond the extradition
application would be a vio-
lation of the settled princi-
ple of international law.
"I would trust that the
government would review
his assertions and carefully
analyse them because every
Bahamian citizen, whatever
the charge is against them,
is entitled to the protection
of the state of which they
are a citizen and Mr
Knowles is no less entitled
simply because it is the
United States making those
allegations."
The former administra-
tion came under significant
fire after the extradition of
the alleged "drug kingpin"
to the US, with many crit-
ics claiming the PLP acqui-
esced to US pressure.


Human rights activist says



those imposing religion



on others should be



mindful of constitution


FROM page one

precept that its practioners must "do unto others
as you would have others do unto you."
"We certainly don't want our Christian nation
to hound gays or any other segrfent of our soci-
ety like the Spanish Inquisition did to the
Jews and Christians in the 15th century," he
said.
The attorney noted that Article 24 of the con-
stitution is specifically intended to protect against
such discrimination.
Additionally, there had been numerous pro-
nouncements in the Supreme Court and the
Court of Appeal on the "sanctity of Article 15
which guarantees people equal protection under
the law," he said.
"Gay people are no different from straight
people, they merely express themselves in dif-
ferent ways," he said.
According to the attorney, underlying this
conflict is the fact that, as a whole, the Bahamas
has "an emb-dcded'daniidubiquitous culture of
discrimination."


"Blacks have discriminated against whites,
whites against blacks, all Bahamians discriminate
against foreigners, Bahamians think Haitians
are dogs, PLPs discriminate against FNMs and
vice versa. men abuse and discriminate against
women."
Furthermore, even between believers of var-
ious religions, and sects of particular religions,
there is prejudice, he said.
Mr Smith urged the Rainbow Alliance to
"stand strong" in support of their rights and
their "critics and detractors to look within and
to....not get involved in everybody else's private
lives."
The gay community is blamed for problems
for which it cannot and should not be held
accountable, he suggested, and additionally "the
challenges that we face in the Bahamas cannot
and will not be fixed by waving the magic wand
of right Wing religious fundamentalism and
extremism."
Messages left seeking comment from Pastor
Lyall Bethel, head of the Christian Council's
"anti gay-agenda" sub-committee, were not
returned up to press time.


Recently, President of
the Court of Appeal Dame
Joan Sawyer indicated
something may have been
legally amiss during the
extradition, stating that
Knowles should not have
been extradited before all
of his legal avenues had
been thoroughly exhaust-
ed.
This sparked assumptions
that' legal proceedings
could be filed against the
former Minister of Foreign
Affairs Fred Mitchell and
the former Attorney Gen-
eral, Allyson Maynard-Gib-
son.
When asked to respond
to these recent allegations
by Knowles, Mr Mitchell,
MP for Fox Hill, declined
to comment.
"It's my policy that I
don't comment on extradi-
tion matters whatsoever, so


'I don't have any comment
on it. That's really a matter
(for) the Minister of For-
eign Affairs, that is a mat-
ter for Brent Symonette,
not for me."
Knowles was extradited
to Miami on August 28,
2006, on an indictment in
2000 stemming from
alleged drug crimes which
reportedly took place in the
mid-1990s.
Knowles' defence attor-
neys argued that his extra-
dition was illegal due to an
outstanding writ of habeas
corpus filed with the
Bahamas Supreme Court
at the time of his extradi-
tion.
The Tribune tried to con-
tact the Minister of Foreign
Affairs but he was in Cabi-
net and up to press time
yesterday could not be
reached for comment.


FROM page one

of the nation's economy.
"I'm on record as saying the
FNM-has made a terrible mistake
in really setting about to change
what the PLP government put in
place."
This "second-guessing" of
agreements and contracts left in
place by the PLP had the potential
to cause international investors to
be wary of committing to devel-
opments in the Bahamas and slow
down the Bahamian economy, Mr
Christie said yesterday.
"...As in the case with Albany, the (former) government
agreed (on) Albany, the FNM government came and those
people spent millions of dollars on the basis that they had an
agreement and (the FNM) said (they) want to change some
aspects of the agreement. Well, if a man has spent millions of
dollars, and you change the rules in the middle of the game on
him, you are blackmailing him.
"And so that's a very serious development, and so quite
frankly the government they may have to capitulate...because
of the commitment they have already made to people who
have already given them their money...and so that is why
governments try to honour the agreements entered into' by
their predecessors...and that is why we have taken this gov-
ernment to task."
According to Mr Christie, the former administration sat
down and "crafted" agreements.they felt were soundly based
on environmental studies, economic forecasting, and eco-
nomic impact studies only to have the FNM come in and
"second guess" these negotiations.
"The fact of the matter is, if we have entered lawfully into
agreements on behalf on the Commonwealth of the Bahamas,
then it is your job to understand what it means to the Bahamas
and to know that the Bahamas has been a country relying on
the confidence in the economy (from international investors)."
In response to his critics, Mr Christie said: "As far as my crit-
ics are concerned, I think what we have to do is hear what
they are saying and respond to all serious points made about
us."


Wy remiti LJ&4


AdolVethre P1La ftro~i&


WEDNESDAY, OCTOBER 10, 2007, PAGE 9


THE TRIBUNE









,A(IP IV ,FnLICIC 1 2007 THETRIUN


LOCALNW


Pinder's FuneraflHme
"Serice yondMeasur'
PALMDALE AVENUE, NASSAU, BAHAMAS
PHONE: 393-1351 CELL: 357-3617
RANNIE PINDER President



JOHN DEWITT
NOTTAGE, 65

of Coral Harbour, will be
held at Christ Church
Cathedral 4:00pm on
/ Thursday October llth,
S2007. Very Rev. Patrick
Adderley Dean, Rev.
Father Gittens Priest Vicar
Officiating. Burial will be
in Wood Lawn Gardens
Cemetery Soldier Road.

He is survived by his loving wife, Adrienne; sons,
Scott, Kevin (Jayne), Terry (Dawn); daughters,
Suzanne (Raj), Wendie (Jim); grandchildren, Daniel
and Mathew Mosier, Spencer and Alexandria
Nottage, Gemma Bryce, Hanna Dajani; brother,
David Nottage; sisters, Thelma Lim, Peggy Bryan,
Betty White (England); sister-in-law, Una Nottage;
brothers-in-law, Mervin Lim, Roland Bryan, Graham
White, Leonard Saunders; uncle, Will Nottage;
aunts, Zelma, Francis, Mary Nottage; numerous
nieces and nephews including, Steven and Bonnie
Nottage, Bruce and Beth Nottage, Morgan and Sara
Saunders, Andrew and Maly Bryan, Robert and Sue
Farqhurson, Julie Farqhurson, Beth Dynan ( Grand
Cayman) Debbie Jones (England), Carson and Marie
Horobin (Canada), Lorraine Horobin (Canada),
Elizabeth, Keith and Michael Lim, Barbara and
Kevin Carroll, family and special friends in Scotland,
Alan and Jill Brown, Allan and Susan Prentice,
Molly and Mario Zannetta, other relatives and
friends including, Elloy Roldan, Elliott Neilly,
Wilfred Knowles, management and staff Poop Deck
East,- Julie Kimble, Dr. David Allen, Pastor Rex
Major, Dr. Harold Munnings.

In lieu of flowers donations may be made .to a
charity of your choice in memory of Dewitt Nottage.

Funeral arrangements are being handled by Pinder's
Funeral Home Palmdale Ave., Palmdale.


Trade clients attend wine show


EVERY year in October,
Burns House organises a wine
trade show for the purpose of
showing their clients their array
of wines, including some new
sizes and vintages.
This year the company said
it was fortunate to have Lor-
raine Hems, a certified wine
educator from Rochester New
York and Larry Nocera, from
Kobrand, also a certified wine
educator.
Ms Hems covered the topic
of hospitality and wine service
management while Mr Nocera
focused on wine list techniques.
,Over one hundred persons
attended this seminar,.includ-
ing restaurateurs, hoteliers and
independent wine retailers.
"They came from all over the
Bahamas and were in for a
treat, learning new techniques
on how to display their choices
on the menus along with useful
selling tools information," said
the company in a statement.


Disney cruise ship



volunteers help out




Humane Society


THE Bahamas Humane Soci-
ety was pleasantly surprised this
week by the arrival of the
largest number of volunteers
ever in one day.
Staff at the shelter said that
24 crew members from the
cruise ship Disney Wonder
offered their services to help
animals. They called it one of
the highlights of World Animals
Week this year.
All the Disney VoluntEARS,
sporting those famous Mickey
Mouse ears on their shirts, com-
mitted their support to help ani-
mals in the Bahamas for much
longer than World Animals


A High-Value Family Sedan

Taking you where you want to go.

A dynamically styled notchback sedan with a generous
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Prices starting at Bi


Week. They plan to make reg-
ular visits when the Disney
Wonder is in port.
Shelter manager, chief inspec-
tor Stephen Turnquest, con-
ducted a tour of the BHS shel-
ter and animal hospital.
"It was wonderful to see so
many enthusiastic supporters all
wearing their 'Disney Volun-
tEARS' shirts. They watched a
slide presentation on our work,
covering all the animal welfare
issues in the Bahamas and they
were very keen to help. Some
made generous donations and
they offered to help with many
aspects of our work," he said.
Assistance

"Volunteers can help in many
ways socialising animals, walk-
ing dogs, bathing animals, help-
ing with adoption animals, help-
ing with' shelter maintenance
and fund raising," Mr Turn-
quest said. "We are really
pleased the Disney Volun-
tEARS arrived at this time as
we were celebrating World Ani-
mals Week and we would like
everyone to do something pos-
itive to help animals through-
out the Bahamas during the first


DISNEY VOLUNTEERS with BHS executive director Kevin Degenhard
(back left) and Chief Inspector Stephen Turnquest (front right).


week in October every year."
He noted that all animal own-
ers can contribute by having
cats and dogs spayed or
neutered, fencing their yards,
giving the family dog a flea and
tick bath, taking.pets to veteri-
narians for health checks, mak-
ing a donation to the BHS, giv-
ing a surrendered animal a good


home and encouraging their
children to be kind to animals.
Other activities this week
included schools highlighting
responsible animal ownership,
the BHS launching its new
ambulance and church minis-
ters celebrating St Francis' Day
by dedicating services to the
Patron Saint of Animals.


Ugandan diplomat carries invitation

to Commonwealth heads meeting


HIS EXCELLENCY Perezi Kamunanwire, special.envoy of Ugandan President Yoweri Kaguta Musezeni,
presented Prime Minister Hubert Ingraham with a special invitation to the Commonwealth Heads of
Government Meeting in Kampala, Uganda next month. The presentation took place at the Office of the
Prime Minister on Cable Beach on Monday


Montel Williams reported as

tying the knot in Bermuda


I Scotlabank 24-month/24,000-mile factory warranty. ^St
oo-110 po ii iwlmidinsiracp. ShileySttm -328390 Fa! 2 77 PN


* NEW YORK
MONTEL Williams is a mar-
ried man, according to Associ-
ated Press.
The talk show host wed Tara
Fowler Saturday afternoon in
Bermuda, according to a


report on People magazine's
website.
"1 am ecstatic! Unbeliev-
able," he told the magazine.
Fowler, 36, was dressed in an
off-white Badgley Mishka gown
and chandelier earrings, the
magazine said. Williams, 51,


wore a grey pinstripe suit. The
couple's poodle, Mr Max, was
the ring bearer.
It is the first wedding for
Fowler, a former flight, atten-
dant. Williams has been mar-
ried three times, and has two
children from each marriage.


AP GE 10 WEDNESDAYOC 7


orl le'sRoas


THE TRIBUNE










LOCALNEWSi


American students



lend a hand with



dolphin research


BLUE LAGOON ISLAND
- Six American students repre-
senting five clubs from the Boys
& Girls Clubs of America spent
a week in the Bahamas and sev-
eral days at Dolphin Encoun-
ters on Blue Lagoon Island.
They were assisting with dol-
phin data collection and learn-
ing about dolphins, underwater
life and Bahamian culture.
The group, which is a part of
the "Immersion Presents Dol-
phins Adventure Series", trav-
elled with world-renowned
marine scientist, Dr Kathleen
Dudzinski to take part in activ-
ities which covered dolphin
biology, behaviour, sound,
research tools, history, culture
and careers.
The students, who range in
age from 15 to 18, come from
cities throughout the United
States. They participated in var-
ious research and observation
sessions with Dolphin Encoun-
ters' dolphins, collecting assist-
ing with the collection of both
video and audio data with Dr
Dudzirski's unique underwater
recording device.
By the end of the week long
trip, the group collected 5.5
hours of video with several ses-
sions observing mother-calf
pairs.
Dr Dudzinski, a scientist-in-
residence at Mystic Aquarium
and Institute for Exploration
and director of the Dolphin
Communication Project, has
studied dolphin communication
for more than 15 years.
She said she chose to bring
the students to Dolphin
Encounters because the facility
offers the perfect studying envi-
ronment for the children, and
has been very accommodating
over'the years.

Research

"I conduct research in Japan,
Honduras, as well as the
Bahamas," she said. "Dolphin
Encounters on Blue Lagoon
Island was the best choice for
this type of trip. The staff and
the trainers here are unbeat-
able. They embrace the
research goals we have and are
genuinely interested in offering
educational opportunities with
students.
"The dolphins are very
friendly and co-operative ani-
mals to work with. Although I
also conduct research on dol-
phins in the wild I wanted to
guarantee that the students
would have an opportunity to
meet and interact one-on-one
with them."
Dr Dudzinski said while most
of the children have seen dol-
phins on TV, they have had
never come face-to-face with


Youngsters from Boys

and Girls Clubs get taste

of Bahamian culture


the marine mammals.
"There's nothing quite like
seeing them in person. You sim-
ply can't explain it; it's some-
thing you have to experience
for yourself," she said. "My
research goals are important,
but it's they're equally as impor-
tant as the educational goals.
We want the kids to walk away
with a greater respect for the

I I


dolphins and a better under-
standing of their communica-
tion habits and the environment
in which they live, and the kids
certainly embraced the activi-
ties and the animals."
The Immersion Presents Dol-
phins Adventure Series consists
of 12 activities about dolphins,
according to Dr Dudzinski.
"With those 12 activities in
the programme, we tailor them
to specific age groups. So,
depending on the group, we
might teach them in lab or lec-
ture styles. They get the oppor-
tunity to actually do the
research for themselves," she
said.
"When the kids came to Dol-
phin Encounters, they did the
Encounter programme first. We
set it up that way because they
need to be comfortable with the
animals, and they can't do that
unless they slip into the dol-
phin's environment and their
world. We then nioved on to
the career presentation, where
they were taught how to collect
data. This was a little hard to
explain at first. But as soon as
they began to play scientist they


caught on. In the future, we'll
definitely do more data collec-
tion so that they can have a bet-
ter understanding."
Dr Dudzinski said pro-
grammes like the Dolphin
Adventure Series also help to
dispel a lot of preconceived
notions that American students
have about different cultures.
"Some students have this per-

~' '


ception about what the
Bahamas is. And their percep-
tion of the Bahamas basically
comes from what they see on a
resort flier. But there are so
many different layers to this
country and so it's important
that they see that," she said.,
"Also, many of these kids have
had sheltered lives. We want
them to be environmental stew-
ards and at the same time, be
more tolerant of the different
people that inhabit our planet."

Immersion

"What's unique about this
programme is that not only do
they learn about the dolphins,
but they get a complete cultur-
al immersion because they learn
about the Bahamas in the
process," she said. "They got
the opportunity to visit down-
town, Ardastra Gardens, take
a powerboat trip to Exuma, and
spend time at the Straw Mar-
ket; they got to see the forts,
experience the food and they
met new people."
Dr Dudzinski said the pro-


gramme will also help the stu-
dents determine which path
they want to take if they want to
enter the marine biology field.
"Some of them are at a
point now where they are
deciding whether they want to
go to college or not, and
they're looking to broaden
their horizons. So they are
starting to focus in on what it
is that they really,want to do.
They can't just be general and
say '1 want to go into marine
biology,' they really have to
narrow it down. Programmes
like this help them decide
which career path they wish
to take," she said.
Group leader of the immer-
sion trip, Mary Ellen Mateleska,
said the students responded
positively to the programme.
"They enjoyed themselves.
Learning alongside the Dol-
phin Encounters staff has been
amazing. We had several pro-
grammes and then we went on
the beach and later on we
experienced the sea lions. We
also spent a day getting
immersed into the culture. We
visited the Pirate Museum. For
a lot of the students it was their


first time out of North Ameri-
ca. What's so great about this
programme is that it's struc-
tured enough so that they learn
something, but at the same
time they have free time to
explore and actually enjoy
themselves as they experience
the country."
Dolphin Encounters educa-
tion assistant Sophia Smith


explained some of the learning
activities the kids took part in.
"We did a coral reef presen-
tation, during that time they.
learned about the different
types of coral reefs. We finished
that off with a walk along the
shore so that they could have a
better understanding of the
coastline and have basic inter-
action between the shore and
reef. We also talked about pos-
sible marine careers and per-
sonal experiences. Many of the
kids shared their experiences in
the inter-tidal pool study. They
also got a chance to interact
with our sea lions. They really
had a great time," she said.
Mardee Jones, 19, from Min-
nesota said she has learned a
lot about marine biology under
Dr Dudzinski's tutelage.
"She's absolutely amazing.
She's given us a lot of informa-
tion that we didn't know prior
to this trip. She's also very
patient and knows how to break
down the work so that it's easy
to understand. In school -I
requested this programme,
because I'm really interested in
dolphins," she said. "It's great
to see how the trainers interact


with the dolphins and how they
interact with each other. They
really are fascinating animals."
Johanna Cornejo, 17, from
Florida said the immersion trip
provided her with an opportu-
nity to meet new people and
discover new things.
"I love Bahamian culture. I
think the people, the food and
the spirit of this country are


amazing. As we travel through-
out Nassau we see people dri-
ving with the Bahamian flags
attached to their cars, and we
see the flags all throughout the
city. It's completely different
from Florida. You can't show
one universal flag because peo-
ple get offended," she said.
"Coming here to Dolphin
Encounters was amazing. The
surroundings are so natural and
beautiful and they animals seem
so happy. This is an incredible
environment to learn in."

Fears

Raneisha Wright, a 14-year-
old from Connecticut was afraid
of dolphins prior to her
encounter programme. She
refused to get into the water
several times, but after getting
into the water, she immediately,
conquered her fears.
"I've never seen them in per-
son, and so I was afraid. I kept
saying that I wouldn't go in the
water, but I knew I would be
embarrassed later because the
rest of the kids would talk about
me and I didn't want to be
known as the scaredy-cat, so I
just went in the water with them
- and I'm glad I did because it
was wonderful," she said. "As
soon as I got in the water that
fear went away. I love their skin
and their rostrums. They really
are friendly animals and 'they
made me feel-safe"
"We really enjoyed hosting
the students through Dolphin
Encounters Project BEACH,"
said Annette Dempsey, direc-
tor of education for Dolphin
Encounters. "Our continued
partnership with Dr Dudzinski
and her research allows local
and international students the
opportunity to learn more'
about dolphins and their natur-
al behaviours. Through studies
conducted with our dolphin
family, scientists are able to
compare behaviourswith dol-
phins in the wild and provide
greater understanding about all
marine mammals. Research and
education remain tantamount
to our goals as a marine mam-
mal facility."
Dr Dudzinski is expected to
return to Dolphin Encounters
in 2008.


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WEDNESUA~ u., i, .,uchn 2007, PAGE 11


THE TRIBUNE


I -t:





PAGEi12, W S OCOE 10, 2 T TRIBUNE


Gone

but never

forgotten.

From
The Tribune family


PAGE 12, WEDNESDAY, OCTOBER 10, 2007


THE TRIBUNE











WEDNESDAY, OCTOBER 10,2007


SECTION. -


business@tribunemedia.net


lTibunleiMlS


SSM


HELPING YOU CREATE AND MANAGE WEALTH

NASSAU OFFICE
Tel: (242) 356-7764

FREEPORT OFFICE
Tel: (242) 351-3010


Government 'too generous'


on


Budget revenue projections


By NEIL HARTNELL
Tribune Business Editor
The Government's revenue
forecasts for the 2007-2008 Bud-
get, particularly for Stamp
Duty, now look too optimistic
and will likely have to be
revised, with the former minis-
ter of state for finance telling
The Tribune yesterday that pol-
icy adjustments may need to be
made at a half-yearly review.
James Smith, now chairman
of CFAL (the former Colina
Financial Advisors), said exter-
nal economic events over which
the Bahamas had no control,
such as the US 'sub-prime'
mortgage crisis and higher oil
prices, "usually have a negative
impact on your revenue".
The slowdown in foreign
direct investment, and the FNM
government's decision to review
several developments approved
by the former PLP administra-
tion, coupled with the fall-off
in economic growth rates com-
pared to 2006, was likely to
impact a key revenue category,
Mr Smith said.
The Government's 2007-2008
Budget forecast has projected
that.revenues will rise by


* Ex-minister says global economic woes and new government's review of investment

projects likely to dampen major revenue riser, Stamp Tax on real estate deals

* Says PLP's 'loophole plugging' leaves little to extract in Stamp Duty, and

2007-2008 estimates may have to be revised at half-year


$150.015 million compared to
the previous fiscal year, rising
from $1.168 million to $1.318
million.
Some 72.9 per cent or
$109.343 million of that revenue
increase is due to come from
Stamp Duty.
Of that Stamp Duty increase,
some 46.6 per cent of the
increase or $50.93 million is pro-
jected to come from duties
imposed on real estate transac-
tions valued at $250,000 or
more. *
The same percentage of the
Stamp Duty increase (46.6 per
cent) or $50.951 million is pro-
jected to come from duties
imposed on goods imported
into the Bahamas. All this
makes Stamp Duty revenues
vital if the Government is to hit


its revenue growth targets.
But Mr Smith told The Tri-
bune: "Based on what has been
happening externally, if you
analyse it, the real increases in
revenue have to do with Stamp
Duty.
"When you disaggregate that,
you see it's primarily Stamp
Duty on real estate transactions,
many of which are related to
anchor projects. The Govern-
ment has taken a little time to
move on these."
And the former minister
added: "The other reason why I
feel they're a little bit generous
on that item [Stamp Duty] is
that we extracted a lot out of
the Stamp Tax by closing all the
loopholes. There was not a lot
more to do.
"I don't see any new


increased rates or amendments
to justify any increases in that
item."
Mr Smith'attributed the for-
mer Christie administration's


amendments to the Stamp Tax,
which curbed tax evasion and
avoidance, as key to the 16.4
per cent rise in Stamp Duty rev-
enues collected in the 2005-2006
fiscal year.
They increased from $247.789
million to $296.4 million, with
Mr Smith saying the Govern-
ment also received a $25 mil-
lion one-time boost from the
multi-billion dollar transaction
that took Kerzner International
private due to the Stamp Duty
imposed on the share sale.
On the Government's rev-
enue projections for 2007-2008,
Mr Smith said: "At the end of
the day, you're going to see a
much wider divergence between
the estimates and actuality for
2007-2008, because of the 'sub-
prime' lending crisis, the impact


on foreign direct investment,
and a kind of slowdown in for-
eign direct investment.
"This will have quite an
impact for Stamp Duty from
real estate transactions, and a
resulting bigrinpact on the rev-
enue forecast because they were
expecting a $50 million increase
from it."
Mr Smith added: "We still
have the Western Hemisphere
Travel Initiative (WHTI)
impacting travel, the closure of
the hotel rooms on Cable
Beach, and oil prices at more
than $80 per barrel, impacting
visitors and locals.
"These will usually have a
negative impact on your rev-
enues.

SEE page 4B


In a 'League' of its own

B NE HARTNLditor Business group aimsto combat the
I tribune Business Editor *Bsnsgruaims to cnia h


CARMICHAEL businesses
have formed a group to
improve the area's security and
combat the "many violent
crimes and break-ins directed
at business", its chairman told
The Tribune yesterday, aiming
to enhance the quality of life to
attract thriving, profitable com-
merce.
Ethric Bowe, the Carmichael
Business League's chairman,
and principal of Advanced
Technological Enterprises, said
crime was having "a serious,
adverse effect" on the 1,000
businesses and companies based


'many violent crimes and break-ins
directed at business' in Carmichael area
* Crime having 'adverse effect', as group
aims to improve quality of life and attract
new, profitable companies


in the Carmichael area.
He said: "It is a routine for
businesses to be broken into,
and when they're broken into


and robbed there's never any
justice.
SEE page 4B


Film Studios purchaser would


'ideally' close in three months


* By NEIL HARTNELL
Tribune Business Editor
THE Bahamian banker
heading the group seeking to
acquire the Bahamas Film Stu-
dios yesterday said they would
"ideally like" to conclude the
purchase in three months, but
all parties seemed prepared to
wait as long as it took to close,
with all sales agreements and
contracts signed.
.Owen Bethel, president of
the Nassau-based Montaque


Group, who put together the
Bahamas Filmlnvest Interna-
tional consortium, confirmed:
"We have certainly signed and
concluded all the sales agree-
ments and contracts.
"We certainly intend to
move as quickly as possible
with the presentations for the
Government's consideration.
"Ideally, we'd like to look for
closing in three months from
now,.but unlike the previous
agreement, this one certainly
realises that government


approvals are not in our control,
and time is not going to be an
issue if an extension is needed."
Mr Bethel declined to com-
ment further, but the latter
remark refers to the $14 mil-
lion deal in principle that
Bahamas FilmInvest Interna-
tional reached earlier this year
with Ross Fuller, chairman of
Ashby Corporation, the
Bahamas Film Studios' ulti-
mate holding company.

SEE page 3B


Injunction blocks Sir

Jack's Cayman action


* By NEIL HARTNELL
Tribune Business Editor
'THE late Edward St
George's estate has obtained a
Supreme Court injunction pre-
venting Sir Jack Hayward and
his fellow plaintiffs from pro-
ceeding with a Cayman Islands-
based legal action seeking dec-
larations that he effectively
owns a majority stake in the
company that is key to the
Grand Bahama Port Authority
(GBPA) ownership dispute.
The Cayman Islands action,
number 144 of 2007, had been
brought by Sir Jack Hayward,
Intercontinental Diversified
Corporation (IDC) and Fidu-
ciary Management Services
(FMS) to seek declarations that


Sir Jack owned one share in
FMS that gave him a majority
stake.
Control of FMS is key to the
GBPA and Port Group Ltd
ownership battle, as the St
George estate contends that it
acts as trustee/nominee for the
50 per cent GBPA stake that
was held by Mr St George.
Their argument has been
that FMS acts as a segregated
accounts company, holding a
variety of assets and invest-
ments for the Hayward and St
George families, and benefi-
cial ownership of FMS does
not translate proportionally
into ownership of the assets if
holds.
SEE page 2B


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PI made into Family

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* By CARA BRENNEN-BETHEL
Tribune Business Reporter
THE first FNM government
designated Paradise Island as a
Family Island when negotiating
the Heads of Agreement for
Kerzner International's Phases
1 and II developments, former
Prime Minister Perry Christie
said yesterday, showing that
both parties had to be creative
when providing investment
incentives to encourage devel-
opment.
Mr Christie told Tribune
Business that at that time, spe-


cial considerations had to be
made, given the tremendous
impact the Atlantis resort was
set to have on the Bahamian
economy.
,Mr Christie said he had
read reports suggesting his
administration was too gener-
ous in the incentives they gave
potential investors, but added
that he stood by all Heads of
Agreements made, saying
they were made in the best
interests of the Bahamian
people.
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PAGE 2B, WEDNESAY,.OCTOBER.10,2007.THE.TRIBUN


P fears or economction
PLP cars for economy ocss


and foreign investment


Christie warns FNM


could jeopardise


major capital inflows


with review policy


By CARA BRENNEN-BETHEL
Tribune Business Reporter
THE PLP is concerned about
the current state of the Bahani-
an economy, its leader said yes-
terday, particularly with the
recent report from the Central
Bank of the Bahamas that eco-
nomic growth was "more sub-
dued and below year compar-
isons for August 2007".
Speaking with Tribune Busi-
ness, former prime minister
Perry Christie said: "The con-
cern that we have communi-
cated to the International.
Monetary Fund is that the
economy of the Bahamas is
very heavily determined by the
confidence of the people
behind the inflows of capital
that come in."
Mr Christie said the Heads
Sof Agreements his government
entered into re isented a
series of major cl1 inflows,
which-could be jepardised if
the current FNM government
continues its policy to exten-
sively review all foreign direct
invetsment projects.
"The danger of that is that
when a government has negoti-
ated an agreement with an
investor, it is very difficult to
go back and change it signifi-
Scantly, particularly if the
investor has committed major
funds to that exercise," Mr
Christie said.
He added that this was espe-
cially relevant to the $1.3 bil-
lion Albany Golf & Beach
Resort Head of Agreement,
.where the developers had indi-
cated they were losing signifi-
cant money because of delays
as the new government reviews
the agreement.


be a five-star hotel within the
development, and the hotel
would be accessible to Bahami-
ans.
"We provided in section 5
of that agreement a provision
to that effect. No homes that
were not a part of the hotel
would be eligible for duty or
stamp tax exemptions. I think
that what has not been com-


Jack's

Cayman

action

FROM page one
Sir Jack, though, is alleging
that because FMS is benefi-
cially owned 50/50 between
himself and the estate, he
owns 75 per cent of the
GBPA and Port Group Ltd,
Seashells Investments acting
as trustee for his other 50 per
cent stake.
FMS's share capital was
split, with 499 shares each
held by Sir Jack Hayward
and Mr St George, and one
share that held the balance
of power in the possession
of FMS's Cayman registered
agent, Campbell Secretaries.
In an affidavit supporting
the estate's application for
an injunction, Anthea Par-
ris-Whittaker, a Callenders
& Co associate, alleged that
in ruling the GBPA's own-
ership was split 50/50
between the St George
estate and Sir Jack, Justice
Anita Allen had already
ruled on the issue of the one
FMS share held by Camp-
bell Secretaries.
Sir Jack had obtained that
share in late 2006 from for-
mer GBPA financial con-
troller Don De La Rue, giv-
ing him the balance of power
on the FMS Board and abil-
ity to control the decisions
of both FMS and IDC.
Yet Ms Parris-Whittaker,
in her affidavit, alleged that
Justice Allen's ruling con-
Sfirmed that "Mr De La Rue
Sdid not have the authority to
transfer Campbell Secre-
* tries Ltd's share in FMS,
and that such share was held
for Frobisher Investments [a
nominee for Sir Jack] and
SMr St George jointly.
"In consequence, the
Bahamian court has already
determined that Hayward,
FMS and IDC are not enti-
tled to the relief claimed in
the Cayman action.
Fred Smith, a partner in
Callender's & Co and attor-
ney for the St George estate,
confirmed that the injunc-
tion had been obtained on
Friday.
He added: "The basis of
the estate's application is
that all the parties are before
the Supreme Court in the
Bahamas, and the very issue
of Don De La Rue's share
in FMS was already decided
by Justice Allen in the
Supreme Court."
Mr Smith said Sir Jack
appeared to be attempting
to "revisit" the issue in the
Cayman Islands, despite hav-
ing had the chance to cross-
examine Mr De La Rue
when he appeared as a wit-
ness in the trial in the
Bahamas.


municated is that if you are an
investor and you build a $20
million home, and you are pre-
pared to put that home into
the hotel pool, making it avail-
able to guests for nine months
of the year under the manage-
ment of the hotel, it therefore
becomes a hotel room and the
advice that we had was that
we had the opportunity to put
at Albany an extraordinary
one-of-a-kind development on
a world basis," Mr Christie
said.

Negotiations

He further pointed out that
as a part of the Albany agree-
ment, he specifically caused
there to be negotiations
between Albany and the new
developers for South Ocean to
partner in their developments.
The two resorts were to part-
ner with the proposed port relo-
cation to the Clifton Pier.
"The new port was the rea-
soning for the decision to relo-
cate the new road, as we had to
put a 300 ft canal across the


road, and so that was driving
the closure of the road," Mr
Christie said.
He added that it was there-
fore more than just Albany's
decision to close the road.
"It was much bigger than
that. It was well planned and a
connective thing for the refur-
bishment of the city of Nassau,"
Mr Christie added.
As far as investment incen-
tives went, Mr Christie said his
government thought they were
providing to the Bahamian
people a broad scope of mixed-
use resorts, because following
the terrorist attacks Septem-
ber 11, 2001, more people
wanted an ownership of their
vacation.
He said the entire planning
for ,the redevelopment of the -.*
Lynd~t Phrldlirig International
Airport took these develop-
ments'at tihe southern end of
New Providence into consider-
ation. .. no X..
"If those'developments don't
take place we will have to
review what we are planning to
do and change course," Mr
Christie said. '


"We were especially con-
cerned about all of them, par-
ticularly as the Ingraham gov-
ernment announced that were
concerned about giving conces-
sions to a gated community,"
the former Prime Minister
added.
SMr Christie said the Albany
investment incentives were giv-
en on the basis that there would


- PI made into Family island for Kerzner


FROM page one
"They should measure the
PLP governuont on the facts
they have. pirstly, we negotiat-
ed with Kerzner a third phase,"
Mr Christie said. "Ingraham
negotiated two phases and our
concessioIha significantly
lower than rst and second
phases.
"And so that you know, the
advice I have is that Mr Ingra-
ham gave concessions up to 45
per cent of the value of the
investment, the second phase
he gave up to 38 per cent of the


value of the investment, and
when we invested phase III we
brought the concession to 20
per cent. So you can judge us
by that."
Mr Christie stressed that in
negotiating major deals for
Baha Mar and Albany, there
had to be an understanding of
the potential magnitude and
economic impact of the pro-
jects.
He said that given the fact
that Baha Mar was not in a con-
tained area, it was a far more
difficult deal to negoigate. How-
ever, he said the Government


had the $2.4 billion project's
likely impact for the economy
and the inflow of jobs it would
create.
"We had the best legal advice
available to ensure that we were
within the scope of 'most
favoured nation' status and we
can justify our Heads of Agree-
ments," Mr Christie said.
He added that if these
agreements had not been left
in place, Mr Ingraham have
to wonder where he would
find jobs for so many Bahami-
ans.
"But now all he has to do is
look at what we did and sit back
in a hammock. He knows full
well that we left a first class
agreement in place, Mr
Christie said.


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Share your news
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from people who are
making news in their
neighborhoods. Perhaps
you are raising funds for a
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award.
If so, call us on 322-1986
and share your story.


PAGE 2B, WEDNESDAY, OCTOBER 10, 2007


THE TRIBUNE


`
.i- ~

















Smith: FNM making 'issues out





of government's normal running'


* By NEIL HARTNELL
Tribune Business Editor
The FNM government
"seems to make issues out of
the normal running of the Gov-
ernment", the Christie admin-
istration's minister of state for
finance said yesterday, adding
that the PLP government did.
not blow Budgetary forecasts
by overspending on certain
items in fiscal 2006-2007.
James Smith, responding to
supplementary appropriations
Bills tabled in the House of
Assembly by Prime Minister
Hubert Ingraham, indicated
that the fact public spending
projections were exceeded by
more than $171 million in the
2006-2007 Budget was a 'storm
in a tea cup' issue.
Mr Smith said the $171 mil-
lion in spending that was not
budgeted for was about 6 per
cent of total spending, and in
any.given year, the Govern-
ment's unplanned spending usu-
ally accounted for between 5-
10 per cent of total public
expenditure.
The Tribune reported yester-
day that the former government
exceeded recurrent spending
estimates by $88.59 million, and
capital spending estimates by
$83.05 million, but Mr Smith
said this had to be viewed in the
context of the overall Budget
and government fiscal perfor-
mance.
He explained that in any fis-
cal year, the Government would
be over-budget on some spend-
ing items but under-budget on
others, the two to a large extent
cancelling each other out.
Then there were government
revenues, and Mr Smith pointed
out that for the 2006-2007 fiscal
year these had exceeded fore-
casts, covering some of the addi-
tional spending.
Explaining that "the impact


* Ex-minister says over-spending stood at 6% of total public spending, well

within normal 5-10% limits

* Says extra funds did not impact 2006-2007 fiscal performance, with issue

needing to be viewed on context of overall Budget and revenue rise


sured against total revenues col-
lected and total expenditure"
when it came to overspending in
certain areas of government, Mr
Smith said this had already been
reflected in the projected per-
formance for the 2006-2007 fis-
cal vear.


said, both in terms of the fiscal
deficit and revenues, had been
better than forecast when the
2006-2007 Budget was revealed
in May last year.
Mr Smith said of the over-
spending and supplementary
annropriations Bills: "It's noth-


ment seems to make issues out
of the normal running of gov-
ernment......
"What I find most surprising
is that almost after the fact,
you've got appropriations ret-
rospectively, but in the actual-
ity they've been reflected in
the accounts for the 2006-2007
year that were presented in the
June Budget," Mr Smith
added.
"There's not an impact on the
Budget. There is over-spending
on certain items, but you have
to look at under expenditure by
other departments, and also the
revenues.
"To say you've overshot on
an item, you need to see if
you've under-spent on other
items and see what you've done
on revenues.
"You can exceed spending on
any item in the Budget but not
necessarily be off-Budget. You
can compensate for over-spend-
ing by having additional rev-
enues, and that is what hap-
pened in 2006-2007."
Mr Smith said supplemen-
tary appropriations Bills were
usually presented to Parlia-
ment to be ratified and
approved when the Budget
was brought forward, as over-
spending on Budget line items
had to be approved by the leg-
islature.
This, he added, had been the
procedure followed by the Pin-
dling administration, first Ingra-


Christie administration.
Guessing that the reason was
the change in government at the
election, Mr Smith said Mr
Ingraham had departed with
this process by only bringing the
supplementary appropriations
Bill forward for Parliamentary
approval now.
Acknowledging that the cap-
ital over-spend was relatively
high, Mr Smith said some $15
million had been required to
keep Bahamasair flying, as the
airline was squeezed between
higher oil prices and increased
competition.

Bahamasair

The 2006-20077 capital bud-
get allocated $10 million to
Bahamasair. However, an addi-
tional $16.52 million was spent.
In the first capital expenditure
contingency warrant, the gov-


JEV

cl
I


to the Budget has to be mea- That overall performance, he ing unusual, but this govern- ham government, and the
S ...................................................... ............ . .......................................................... ....................................................................................................................... .



'idealSt close in thrchaee monthsuld


'ideally' close in three months


ernment spent $1.138 million
for retroactive pay for union
contracts; $8.8 million for emer-
ency funding; and nearly
$1.989 million for salary adjust-
ments and increments. In the
fourth capital request tabled,
another $4.594 million in emer-
gency funding is again advanced
to the airline
Another $5 million, Mr Smith
recalled, was taken up by the
Broadcasting Corporation of
the Bahamas for new equip-
ment.
The Public Health Authority
also required significant sup-
plementary funding last year.
The budget initially allocated
$13.07 million to the PHA for
supplies and materials. The gov-
ernment then paid out an addi-
tional $6. million for these
expenses on one occasion, and
another $15.975 million on
another, totalling $21.975 mil-
lion over the budget.


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FROM page one
That deal fell apart amid
mutual recriminations from
both sides, but the two parties
came back to the negotiating
table after Mr Fuller failed to
attract any rival offers that
matched Mr Bethel and. his
Bahamas FilmInvest Interna-
tional group.
Although the deal in principle
has been done, many hurdles
remain to be overcome besides
obtaining government approval.
The Bahamas FilmInvest pur-
chase cannot move forward any
further currently because of
outstanding litigation embroil-
ing the Bahamas Film Studios
and its immediate holding com-
pany, Gold Rock Creek Enter-
prises.
Via an ex parte hearing
before acting Supreme Court
Justice Peter Maynard, Phoenix
Engineering Group obtained an
order preventing the sale of the'
3,500-acre former US Air Force
Missile Base site, alleging that it
was owed unpaid sums for work
done on the project.
That work is understood to
be related to an Environmen-
tal Impact Assessment (EIA).
Gold Rock Creek was encour-
aged to use Phoenix Engi-
neering Group, it is under-
stood, on a recommendation
from the former BEST chair-
man and Ambassador for the
Environment, PLP MP Keod
Smith.
The Tribune understands that
Mr Bethel and his group have
agreed to deal with all legiti-
hate creditors' claims against
the Bahamas Film Studios, bar
those being brought by Phoenix
Engineering Group and the
lawsuit initiated by Paul
Quigley, one of the Bahamas
Film Studios' three founding
partners.
Mr Quigley has a legal action
outstanding irr which he is
claiming $1.3 million in com-
pensation a claim that is
understood to have risen to $2
million over sums owed to him
after he was removed from the
project.
It is understood that Mr
Fuller could be facing a default
judgement in that action as a
result ot himself or an attorney
acting for him failing to appear


to offer a defence, but he has
resolved to deal with this liti-
gation.
And in what some might say
is a delicious irony, sources have
told The Tribune that Mr Fuller
may need Mr Quigley's help if
he chooses to defend and con-
test the Phoenix Engineering
Group case.
It is understood that all deal-
ings between the Bahamas Film
Studies and Phoenix Engineer-
ing Group were handled by Mr
Quigley, making him potential-
ly a key witness if the case goes
to trial. Yet Mr Quigley may
not be disposed to helping Mr
Fuller currently.
Still, Mr Fuller will have to
apply to the Supreme Court
to set aside or modify the
injunction obtained by
Phoenix Engineering Group
as the next step in clearing the
way for the Bahamas Film Stu-
dios sale.
Mr Bethel's having to deal
with many creditor claims
means that the purchase price
Mr Fuller receives is likely to
be substantially less than the
previous $14 million offer.
One claim Mr Bethel and his
group are dealing with is the
case brought by Bahamian engi-
neer Keith Bishop and his com-
pany, Islands by Design, who
have attached a lien to the
Bahamas Film Studios' sale,
alleging they have not been paid


$80,000 for an Environmental
Impact Assessment (EIA) they
performed.
That EIA is likely to be need-
ed by Mr Bethel and his group
to obtain government approval
for the deal.
The Tribune 'has been
informed by sources close to
developments surrounding the
Bahamas Film Studios that the


Government will not approve
the purchase by'Mri Bethel and
his group unleSgIl the debts
and legal actions surrounding
the facility are settled, and an
action plan is presented for
doing so.
The Bahamas Film Studios is
understood to owe $9.95 mil-'
lion to United Insurance, the
insurance firm that underwrote
a loan from FirstCaribbean
International Bank (Bahamas)
that financed construction of
the studios' water tank, and
paid up to cover the bank's
exposure. A further $1 million
in debts are believed to be owed
to Grand Bahama-based com-
panies that supplied products
and services to the Bahamas
Film Studios.
The Tribune has also received
reports that lease payments to
the Government, which owns
the Bahamas Film Studios site,
may not be current, although
this could not be confirmed.
Mr Bethel previously said
Bahamas FilmInvest's plans to
revitalise the now-closed
Bahamas Film Studios, which
hosted the filming of Pirates of
the Caribbean II and III, had
not changed and involved an
ultimate investment of $80-$90
million.


COMMONWEALTH OF THE BAHAMAS 2007
IN THE SUPREME COURT No.00637
Equity Side
IN THE MATTER OF a piece parcel or lot of land contained
by ad measurements seventeen and six hundred and eighty
one hundredths (17.681) acres also known as "Silon Hole"
and situate on the southern side of the Deadman's Cay
Aerodrome at the settlement of Deadman's Cay in the Island
of Long Island, The Bahamas.
AND

IN THE MATTER OF the Petition of Emma V. Wells,
Rosena E. Pyfrom, Tennyson R.G. Wells, Iris L. Pinder,
Charles M. Wells and Richard E. Wells.
AND

IN THE MATTER OF the Quieting Titles Act 1959

NOTICE

The Petitioner in this matter claims to be the owner in fee simple
possession of the tract of land hereinbefore described and the
Petitioner has made an application to the Supreme Court of the
Commonwealth of the Bahamas under Section 3 of the Quieting
Titles Act 1959 to have his title to the said land investigated and
the nature and extent thereof determined and declared in the
Certificate of Title granted by the Court in accordance with the
provisions of the said Act.

Copies of the Plan may be inspected during normal office hours
at:

(1) The Registry of the Supreme Court.
(2) The Administrators Office at Clarence Town, Long Island.
(3) The Chambers of the undersigned.

NOTICE IS HEREBY GIVEN that any person having dower or
right to dower or an adverse claim or a claim not recognized in
the Petition shall before the 29th day of October, A.D.,2007 from
the publication of the notice inclusive of the day of such publication
file Notice in the Supreme Court in the City of Nassau in the
Island of New Providence aforesaid and serve on the Petitioner
or the undersigned a statement of his or her claim in the prescribed
form verified by an Affidavit to be filed therewith. The failure of
any such person to file and serve a statement of his or her claim
within the time fixed by the Notice aforesaid shall operate as a
bar to such claim.

Dated this 6th day of September, A.D., 2007

PYFROM & CO,
Chambers
No.58, Shirley Street,
Nassau, N.P., Bahamas.

Attorneys for the Petitioners.


J.S. JOHNSON

INSURANCE AGENTS & BROKERS



NOTICE TO

SHAREHOLDERS


J.S. Johnsons & Company Limited hereby noti-
fies all its shareholders that based on unaudited
results for the quarter ended. 30th September,
2007 the Board of Directors has declared an
interim dividend of fifteen cents (15 ) per ordi-
nary share to be paid on 23rd October, 2007 to
all shareholders of record as of 16th October,
2007.


1I1WANTE=


WEDNESDAY, OCTOBER 10, 2007, PAGE 3B


THE TRIBUNE











PAGE 4B, WEDNESDAY, OCTOBER 10, 2007


THE TRIBUNE


Carmichael in a 'League'


of its own


FROM page one
"Even when they catch the
persons involved, there's no just
resolution. Businesses never get
back the things that were stolen,
and if the persons responsible
are taken to court and convict-
ed, you never know if they're
convicted.
"If they are convicted and the
business affected knows they
are, then they can take out a
civil suit against them to get
some compensation for what
they stole."
Mr Bowe added: "Before you
start anything [business-relat-
ed] in this area, you have got
to invest in security. If you want
to start a building project, the
first thing is to secure your
property.
"If you leave out concrete
blocks, they will steal the
blocks; if you leave out lumber,
they will steal the lumber; if you
don't put doors on, they will
steal the toilets and sinks. Some-
times there are neighbours on
both sides, and I don't under-
stand how it is possible that they
don't know anything."

Police

Mr Bowe said the police gen-
erally needed to do a better job
in investigating break-ins at
businesses, as often they
arrived, walked around assess-
ing the crime scene, dusted for
fingerprints and left without
questioning neighbours and per-


SAMUEL JOHNSON, from Johnson's Discount Mart, and Mazwell Jones, senior manager Commonwealth
Bank's Golden Gates branch, with Ethric Bowe, principal of Advanced Enterprise Technologies


sons nearby who may have seen
something and possess poten-
tial evidence.
"Personally, I have had situ-
ations where I have had neigh-
bours on four sides, and the
police have not approached
them to see if they heard or saw
anything," Mr Bowe said.
"We have some cultural
problems, and it makes it diffi-
cult for us to sometimes per-


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Attorneys for the Petitioners.


form the way we should per-
form."
There were issues with both
the policing system and the
court system and administra-
tion of justice that discouraged
Bahamian businessmen and
entrepreneurs, Mr Bowe said,
but the 13-member Carmichael
Business League was willing to
work with the relevant authori-
ties and part-fund any improve-
ments and changes that were
necessary.
The League, whose existing
members include Common-
wealth Bank, Bacardi & Com-
pany and Super Value, was pre-
pared to contribute to the cost
of installing Closed Circuit Tele-


vision Cameras (CCTV) in key
locations throughout the
Carmichael area.
Its immediate objectives, Mr
Bowe said, were to enhance
safety and security in the
Carmichael policing district. He
added that he had lived in Hal-
ifax, Nova Scotia, where it was
"nothing for me to go walking
at 2am in the morning, feel safe
and be safe".
Mr Bowe said: "We hope we
can have that situation in this
district. Safety and security is
our first need, and once we have
that, then we can look at things
to facilitate business, making it
good for business in the
Carmichael police district.


"We're also looking at plans
to bring some order to the way
things are and the way things
are done in this area. So when
people come to the Carmichael
area, they can see this is a well-
run place, things are good and
the quality of life is good.
"We really hope to make the
quality of life in this area a very
attractive one, where people
want to be here, live here, and
where businesses can operate
and enjoy excellent profits and
be safe in doing so.
"Ultimately, we realise busi-
nesses must make a profit, and
believe if we have a secure, co-
operative community, we can
profit, attract more businesses
to the area, and have an area
that is really thriving, really
flourishing.
"If we have a significant
group, we can lobby and make
recommendations to the Gov-
ernment on what can be done,"
Mr Bowe said. "We have to put
on a spurt to get things done."
The Carmichael Policing Dis-
trict, which stretches from Blue
Hill Road to South Beach,
Tonique Williams-Darling
Highway to JFK Drive, and
Gladstone Road back to
Carmichael, extending to Ade-
laide in the west, is the largest
one in the Bahamas and the
most heavily populated, with
more than 100 subdivisions. It is
also possibly the fastest growing
population area in New Provi-
dence.
The Carmichael Business
League is a non-partisan, non-
profit business facilitating and
community-building organisa-
tion.
Its members- include Super
Value, Bacardi & Company,
Commonwealth Bank,
Advanced Technical Enterpris-
es, Johnson Discount Mart, Pro-


line Underground & Construc-
tion, People's Pharmacy,
Bahamas Employment Agency,
Peggy's Hat Factory, LC's Vari-
ety Store, The Sand Bar, Oasis
Restaurant, and Sweetness
Shop.
Mr Bowe said the motivation
for the Carmichael Business
League's creation came from its
members' "personal experience
of crime" and the death of Kei-
th Carey, who held the Esso-
on-the-Run gas station fran-
chised for the Carmichael area,
and was murdered when
depositing money at a bank.
Mr Bowe said many
Carmichael business owners
had sought permission to obtain
hand guns to protect them-
selves, but the police had
refused to grant-permission and
instead issued some other chal-
lenges at a Community Crime
Meeting that led to the
Carmichael Business League's
formation.
Mr Bowe said the organisa-
tion eventually hoped to forge
ties with other groups, such as
the Bahamas Chamber of Com-
merce, but wanted to expand
its membership base beyond the
current 13, registering and doc-
umenting all businesses in the
Carmichael area.
While the Carmichael Busi-
ness League's formation had
been greeted enthusiastically,
few businesses had come for-
ward to join and pay member-
ship dues of $150 per year less
than $0.50 per day.
"We unfortunately have to
wait and see who gets killed
next," Mr Bowe said. "The real-
ity is that is what happens.
Whenever someone is killed in
a high profile way, everyone
gets steamed up, aggravated
[and gets the motivation to
change things]."


Government 'too generous' on



Budget revenue projections


FROM page one
"I would have reckoned on
revisiting them [Budget fore-
casts] at the end of six months
with a view to really analysingg


them for signs of a slowdown
and off-projection], and then
initiate policies to control
expenditure, boost revenue or
both."
Zhivargo Laing, Mr Smith's


Share your news
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making news in their neighborhoods. Call us on
322-1986 and share your story.







Salesperson

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successor as minister of state
for finance,* said last week that
the Government was conduct-
ing "an analysis of its revenue
performance" in the wake of
the US 'subprime mortgage' cri-
sis and global credit squeeze.
It was "watching very care-
fully" to see if it impacts Stamp
Tax collected from real estate
transactions, Mr Laing said,
adding: ""I don't see anything
yet, but we are still doing the
analysis. I don't want to be pre-
emptive in our analysis, as we


want to take into account all
the things that could impact rev-
enue, then isolate what may be
the cause."
Mr Laing said of the Stamp
Tax issue and credit squeeze:
"Clearly, it's something we're
looking at and watching very
carefully. At the moment, we
are holding fast to the forecast.
"[But] we are watching that
very carefully to see to what
extent it impacts on the rev-
enues we have Stamp Tax as
well as other revenues."


Newly Established

Mortgage Brokerage Firm


seeks a Mortgage Broker to work on
commission bases. Experience is a must.
Reply to:
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NOTICE
NOTICE is hereby given that JONATHAS BELONY of
DUMPING GROUND CORNER, NASSAU, BAHAMAS,
is applying to the Minister responsible for Nationality and
Citizenship, for registration/naturalization as a citizen
of The Bahamas, and that any person who knows any
reason why registration/ naturalization should not be
granted, should send a written and signed statement of
the facts within twenty-eight days from the 10TH day of
OCTOBER, 2007 to the Minister responsible for Nationality
and Citizenship, P.O.Box N-7147; Freeport, Bahamas.


Legal Notice

NOTICE

I.M TSAI LTD.

(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on the
27th day of September2007. The Liquidator is Argosa
Corp. Inc., P.O.Box N-7757 Nassau, Bahamas.





ARGOSA CORP. INC.
(Liquidator)


COMMONWEALTH OF THE BAHAMAS 2007
IN THE SUPREME COURT No.00522

Equity Side

IN.THE MATTER OF a piece parcel or.lot.ofland. contained
by ad measurements seven and three hundred and forty one
hundredths (7.341) acres and situate on the northern side of the
Queen's Highway approximately 2880 feet southeast of the
Deadman's Cay Airport Road at the settlement ofDeadman's Cay
in the Island of Long Island, The Bahamas.
AND
IN THE.MATTER OF the Petition of Emma V. Wells
and Richard E. Wells.

AND

IN THE MATTER OF the Quieting Titles Act 1959

NOTICE

The Petitioner in this matter claims to be the owner in fee simple
possession of the tract of land hereinbefore described and the
Petitioner has made an application to the Supreme Court of the
Commonwealth of the Bahamas under Section 3 of the Quieting
Titles Act 1959 to have his title to the said land investigated and
the nature and extent thereof determined and declared in the
Certificate of Title granted by the Court in accordance with the
provisions of the said Act.

Copies of the Plan may be inspected during normal office hours
at:

(1) The Registry of the Supreme Court.
(2) The Administrators Office at Clarence Town, Long Island.
(3) The Chambers of the undersigned.
NOTICE IS HEREBY GIVEN that any person having dower or
right to dower or an adverse claim or a claim not recognized in the
Petition shall before the 29th day of October, A.D.,2007 from the
publication of the notice inclusive of the day of such publication
file Notice in the Supreme Court in the City of Nassau in the Island
of New Providence aforesaid and serve on the Petitioner or the
undersigned a statement of his or her claim in the prescribed form
verified by an Affidavit to be filed therewith. The failure of any
such person to file and serve a statement of his or her claim within
the time fixed by the Notice aforesaid shall operate as a bar to such
claim.

Dated this 6th day of September, A.D., 2007
PYFROM & CO,
Chambers
No.58, Shirley Street,
Nassau, N.P., Bahamas.


Will be closed for our annual

FUNDAY at all four locations on

Wednesday, October 10th 2007

and will resume regular hours on

Thursday, October 11th 2007.



Management and staff regret any

inconvenience caused

III lll ll ? .. .. . .. ... ..,, ,, ,,, ., ,,, ,, .. ... . .. .. ... ... .. .. ... .. ... ..


I


*


BUSINESS


IWANT ED~


if











WEDNESDAY, OCTOBER 10, 2007, PAGE 5B


-THE TRIBUNE


Fed slashed interest rates to





counter fears of credit crunch


,By JEANNINE AVERSA
AP Economics Writer
WASHINGTON (AP) -
Worried that a jarring credit
crunch would stifle the econo-
my, Federal Reserve policy-
makers at their September
meeting felt compelled to act
aggressively in lowering a key
interest rate for the first time
in over four years.
Fed policymakers unani-
mously agreed to slash interest
rates by one-half percentage
point to 4.75 percent, calling it
"the most prudent course of
action," according to minutes
of the Sept. 18 meeting released
Tuesday.
The minutes underscored just
how concerned Fed Chairman
Ben Bernanke and his central
bank colleagues were that the
credit crisis and the worst hous-
ing slump in 16 years could
undermine the country's eco-
nomic health. The minutes
offered fresh insights into the
September meeting, where
Bernanke was faced with one
of his most important decisions
since taking office in February
of last year.
"Given the unusual nature of
the current financial shock, par-
ticipants regarded the outlook
for economic activity as char-
acterized by particularly high
uncertainty, with the risks to
growth skewed to the down-
side," according to the minutes.
On Wall Street, stocks rose
sharply as investors viewed the
minutes as indicating the Fed
stands ready to lower rates
again if needed. The Dow Jones
industrials jumped 120.80 points
to a new record close of
14,164.53.
Some Fed participants
expressed concern that a weak-
er economy could worsen the
credit crunch, which, in turn,


could "reinforce the economic
slowdown." At the same time,
participants pointed out that in
previous episodes of financial
market disruptions, the econo-
my showed some resilience
when the country was suffering
through a period of financial
turbulence.
"Although financial markets
were expected to stabilize over
time, participants judged that
credit markets were likely to
restrain economic growth in the
period ahead," the minutes said.

Loans

Lowering its main interest
rate, called the federal funds
rate, "was appropriate to help
offset the effects of tighter
financial conditions on the eco-
nomic outlook," the minutes
stated. The funds rate, the inter-
est banks charge each other on
overnight loans, affects a wide
range of interest rates charged
to millions of consumers and
businesses. That's why it is the
Fed's main tool for influencing
national economic activity.
If the Fed did not lower rates,
Fed policymakers "saw a risk
that tightening credit conditions
and an intensifying housing cor-
rection would lead to significant
broader weakness" in the econ-
omy as well as in national
employment conditions, accord-
ing to the minutes.
Fed policymakers also
believed that the rate cut
"should not interfere" with
lenders and other investors
making the painful adjustments
that they need to get their finan-
cial houses in order, the min-
utes said.
With economic growth likely
to run at a sub-par pace for a
while and incoming inflation
data on the "favorable side,"


the lowering of rates "seemed
unlikely to affect adversely the
outlook for inflation," the min-
utes said.

Housing

The credit crunch was likely
to deepen the housing slump,
raised the possibility of damp-
ening consumer spending and
could weigh on business invest-
ment in the months ahead, the
minutes said. Spending by con-
sumers and businesses are cru-
cial ingredients keep the eco-
nomic expansion going.
Policymakers didn't think
that the job market had deteri-
orated as much as a government
report at the time suggested.
Nonetheless, they believed that
"some further slowing of
employment growth was like-
ly."
The government originally
reported that the economy lost
4,000 jobs in August the first
such decline in four years. At
the time, that news sent Wall
Street in a nosedive, intensified
fears that the economy was
heading toward recession and
was seen as cementing a case
for the Fed to lower rates at its
September meeting.
Last week, however, the gov-
ernment released revised fig-
ures based on more complete
data showing that employ-
ers actually added 89,000 jobs
during that month.
Job-creation picked up in
September, with employers
boosting payrolls by 110,000.
Workers' wages also grew solid-
ly, the government reported last
week. That news eased fears the
economy would slide into a
recession and cast doubt on
whether the Fed would lower
rates again at its next scheduled
meeting, Oct. 30-31. Still,


investors and some economists
are hopeful the Fed will order
another rate cut then.
Separately, William Poole,
president of the Federal
Reserve Bank of St. Louis, in a
speech, said there are some
signs that financial turmoil also
is easing.
"Financial markets appear to
be stabilizing, but they have not
returned to normal and are still
fragile," said Poole in comments
similar to those made late last
month.

Options

The minutes also said that
Fed policymakers discussed
"additional policy options to
address strains in money mar-
kets." No decisions were made
and no details were provided.
Policym'akers also at the Sep-
tember meeting resumed a dis-
cussion on ways to improve
their communications with Wall
Street and Main Street. No deci-
sions were made on that front,
either.
Also contained in Tuesday's
Fed document, was information
about two Fed conference calls
that occurred after its Aug. 7
meeting as credit conditions
worsened.
The first conference call came
on Aug. 10, a day when the Fed
publicly pledged to do all it


could to prevent the credit crisis
from hurting the economy. The
Fed pumped billions of dollars
into the U.S. financial system
to help financial companies get
over the credit hump.
The second conference call
came on Aug. 16, with Fed pol-
icymakers discussing other ways
to bring relief to the credit situ-
ation. The talk focused on
changes associated with lend-


ing through its discount window
to banks. During that discus-
sion, policymakers believed a
reduction to the federal funds
rate was "not yet warranted."
On Aug. 17, the Fed slashed
its lending rate to banks and
offered a more grim assessment
of economic conditions. This
bank lending rate was cut again
at the Fed's meeting in Sep-
tember.


IWhA I m j)


CASHIERS
I

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Developer is China's




latest hot offering


* By DAVID BARBOZA
SHANGHAI, China -
Shares of SOHO China, a Bei-
jing property developer, soared
15 percent on their first day of
trading Monday in Hong Kong
in the latest hot public stock
offering, according to Associat-
ed Press.
The strong debut of SOHO,
which values the company at $6
billion, comes while stock prices
in China are skyrocketing and
some of the country's biggest
cities are being transformed by
a huge building boom.
Despite China's efforts to
curb real estate speculation,
housing prices continue to rise,
encouraging even more con-
struction and also a frenzy of
public stock offerings by big real
estate companies.
Over the last few years, a
surge in the number of initial
public offerings has created a
new class of Chinese real estate
tycoons, many of whom are
already worth billions of dol-
lars.
While the United States
endures a subprime mortgage
crisis, investors in Chinese real
estate are celebrating and push-
ing the value of housing and
housing shares to new heights.
SOHO China's initial public
offering on Monday raised
nearly $1.7 billion, or as much
as Google raised in its 2004 pub-
lic stock offering in the United
States.
SOHO's founders, Pan Shiyi
and Zhang Xin, a husband and
wife team known for their styl-
ish developments in Beijing, are
worth close to $4 billion on
paper, based on the stock's clos-
ing price.
This year, a Chinese real
estate developer named Coun-
try Garden raised $1.9 billion
in a Hong Kong stock offering.
Country Garden's largest share-
holder is the founder's 25-year-
old daughter, Yang Huiyanto,
to whom the founder gave all
of his shares in 2005. She is
thought to be the richest per-
son in China, with shares val-
ued at about $16 billion.
Last year, the richest individ-
ual in China., according to
Forbes, was Wong Kwong Yu, a


retailing entrepreneur who was
said to be worth $2.3 billion.
"This is sort of the best play
in this market," said Michael
Pettis, an associate professor of
finance at Beijing University
and a former investment
banker. "In real estate, you're
getting overinflated profits from
borrowing money to get cheap
land and then selling at inflated
prices. And then you've got a
stock market that is valuing a
dollar of earnings at about 40
or 50 times. So you've got a
bubble on top of a bubble."
The rise of SOHO China and
its real estate peers is emblem-
atic of the economic growth in
China, as well as the country's
ambitions. An unprecedented
construction boom in China is
helping drive up the prices of
commodities around the world.

Development

As China rapidly becomes
more urban, millions of people
are being moved, sometimes
against their will, to make way
for vast housing developments
and central business districts.
Many big projects, however,
are erected helter-skelter, some-
times with as many as 50 look-
alike high-rises crowded onto a
single plot.
"The scale of what's happen-
ing there is unimaginable," said
Thomas J. Campanella, an assis-
tant professor of city and
regional planning at the Uni-
versity of North Carolina in
Chapel Hill and the author of
the coming book "The Concrete
Dragon," a chronicle of China's
rise. "The greatest chapters of
American urban development
just pale in comparison to what
is happening today in China."
Property developers who held
valuable land near large urban
centers are sitting on enormous
fortunes.
On lists of China's wealthiest
individuals, there are many real
estate developers, like Shimao's
Xu Rongmao ($6.7 billion) and
Chen Zhuolin of Agile Proper-
ties ($4.7 billion).
There have been warnings, of
course, about a real estate
downturn and the dangers of a


recent jump in inflation, which
some analysts fear could slow
the economy, particularly after
the 2008 Olympics in Beijing.
But in spite of talk of housing
bubbles, illegal land grabs and
corrupt developers, China
remains in a real estate bonan-
za.
Global investment banks are
among those cashing in. Gold-
man Sachs and HSBC took
SOHO public. Merrill Lynch,
UBS and Credit Suisse have
played a role in big real estate
offerings.
And Morgan Stanley has
done more than most, helping
raise $6 billion over the last
three years by taking eight Chi-
nese real estate companies pub-
lic, including Shimao, Agile and
Country Garden, whose shares
are valued at more than $27 bil-
lion.
Shares in most of the devel-
opers climbed even higher after
being listed.
Shares of Shimao, for
instance, have almost quadru-
pled since trading began in June
last year. Agile's stock has
climbed more than 300 percent
in less than two years.
For SOHO China, going pub-
lic means paying down debt and
refilling the coffers of a compa-
ny that already has prime land
in Beijing's central business dis-
trict, where a crush of luxury
residences and office towers are
going up, seemingly all at once.
Zhang Xin, a former Gold-
man Sachs investment banker,
and her husband, Pan Shiyi, a
pioneering real estate develop-
er who also has a popular blog,
have used a blend of market-
ing wizardry, savvy land deals.
and international architects to
help create a huge fortune in
just over a decade.
The company's residential
developments, like Jianwai
SOHO in central Beijing, are
populated by entrepreneurs,
movie stars and Western exec-
utives, and even accompanied
by Starbucks coffee shops.
"I'm really amazed at what
I've been seeing in China,"
Campanella said. "It's as if
home improvement and deco-
ration are the No.1 avocations
there."


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C/O The Nassau Guardian

P.O. Box N-3011

Nassau

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SepItember 30th 2007.l











PAGE 6B, WEDNESDAY, OCTOBER 10, 2007


THE TRIBUNE


Rice pushes free trade deal approval


* By MARTIN CRUTSINGER
AP Economics Writer

WASHINGTON The
Bush administration will have
to address growing concerns
about globalization as part of its
effort to get Congress to
approve four pending free trade
agreements, Secretary of State
Condoleezza Rice said Tuesday.
Rice said that the adminis-
tration had made a big move in
that area by reaching agreement
last May with Democrats to
include tougher language on
protecting worker rights and the
environment in the trade deals
that are now pending before
Congress.
But she said that other pro-
posals were being explored to
win votes in Congress for trade
agreements with Peru, Panama,
Colombia and South Korea.
She said that she found trou-
bling recent polls showing sup-
port for free trade slipping
among American voters, even


Republicans who traditionally
have been stronger backers of
open trade.
"I am concerned about main-
taining a bipartisan consensus
for free trade," Rice said during
an interview with a small group
of reporters at the State Depart-
ment.
The administration wants to
pass the three deals with Latin
American nations and the free
trade deal with South Korea.
Yet it faces an uphill battle given
five consecutive years of record
trade deficits that critics contend
have played a major role in the
loss of more than 3 million man-
ufacturing jobs since President
Bush took office in 2001.
Rice said that in addition to
backing tougher language on
labor and the environment, the
administration was reviewing
proposals to boost support for
retraining workers who lose
their jobs because of trade com-
petition. It also is looking at
ways to increase resources avail-


able to the government of
Colombia to prosecute cases of
alleged murders of labor leaders
in that country to keep unions
from being established.
Rice refused to discuss a
timetable for getting the agree-


ments through Congress, but
she rejected the idea that the
agreements must be passed
before the end of the year
because it will be even more
difficult to get agreement in an
election year.
At the moment, the agree-
ments with Peru and Panama.
are considered likely to pass.
The deal with Colombia is
believed to be in trouble
because of human rights issues,
and the deal with South Korea
is being strongly opposed
because of barriers that country
has erected to keep out Ameri-
can-made autos and U.S. beef.
Speaking to a gathering at the
Organization of American
States, Rice said that the fail-
ure of Congress to pass the
three Latin American trade
deals would be a tremendous
blow to U.S. efforts to boost
democracy and free-market
forces in Latin America. '
"It would be a retreat from
our responsibility of leadership


and a renunciation of our influ-
ence in the Americas," she said.
"Peru, Colombia and Panama
are among our best partners in
the region."

Warning

Defeat of the measures in
Congress, Rice said, "would
send a signal loud and clear
across the region that the Unit-
ed States can somehow not be
trusted to keep its promises."
"We in the United States can-
not afford to turn inward, to
become fearful, to dwell on the
actions of others or to give in to
doubt or despair," Rice said.
"This isn't an issue of right
or left," she said in response to
an audience question. "We have
outstanding relationships with
governments from the left, like
the government of Brazil, the
government of Chile, the gov-
ernment of Uruguay. We have,
excellent relations with govern-


ments from the right, like the
government of fl Salvador, the
government of Colombia."
Rice's speech was part of a
conceit red administration effort
to jump-start its stalled trade
agenda. Since Democrats took
control of Congress last fall,
Congress hasnot approved any
free trade agreements that the
administration hAs negotiated. It
also allowed Bush's authority
to negotiate future deals under
expedited procedures to expire.
In the past two weeks, key
House and Senate panels have
approved the deal with Peru.
In her meeting with reporters,
Rice said that the administra-
tion still supported the goal of
achieving a Free Trade Agree-
ment that would cover the
entire hemisphere except for
communist Cuba. But that pro-
posal ran into strong opposition
in such countries as Brazil and is
given little chance of being
revived before Bush leaves
office.


US Supreme Court sceptical on public firm crash liability


* By PETE YOST
Associated Press Writer

WASHINGTON (AP) -
The Supreme Court reacted
skeptically Tuesday to argu-


ments that banks, lawyers,
accountants and suppliers
should be held liable for helping
publicly held companies deceive
investors.
Chief Justice John Roberts


and Justice Antonin Scalia sug-
gested that federal law imposes
strict limits on shareholders
who want to sue companies
and firms other than the one
in which the investors hold
stock.
The two conservative justices
subjected a lawyer for corpo-
rate investors to tough ques-
tioning during arguments as the
justices try to set boundaries in
stockholder lawsuits for securi-
ties fraud.
Investors in Charter Com-
munications Inc., one of the
country's largest cable TV com-
panies, are suing two suppliers
that allegedly schemed with
Charter executives to mislead
stockholders about the compa-
ny's revenue growth.
The outcome of the case will
determine the fate of a sepa-
rate suit by Enron sharehold-
ers who are seeking over $30
billion from banks accused of
colluding with the energy com-
pany to hide its debts.
If the court rules against
investors, "it will mean the end
of the case" for Enron share-
holders and the banks that were


primarily liable, attorney
Patrick Coughlin, representing
Enron stockholders, said out-
side the Supreme Court after
the arguments.
In the case before the court,
suppliers Scientific-Atlanta Inc.
and Motorola Inc. "were not
passive bystanders facilitating
a fraud by Charter," said
investor attorney Stanley Gross-
man. "Their deceptive conduct
was integral to the scheme to
create fictitious advertising rev-
enues for Charter to report to
investors."
Why shouldn't the court be
guided by its 1994 ruling that
sharply restricted liability by
saying investors cannot sue for
aiding and abetting a securities
fraud? the chief justice asked.
"You're asking us to extend
that liability."
Outside the courthouse lat-
er, Grossman said, "We are not
asking for an expansion. The
other side is asking for a cut-
back."
Earlier this year, R0oerts and
Justice Stephen Breyer did not
participate when the court
decided to hear the case. On


NOTICE
NOTICE is hereby given that JOHN PIERRE of HILLCREST
DRIVE, P.O. BOX CB-11678, NASSAU, BAHAMAS, is
applying to the Minister responsible for Nationality and
Citizenship, for registration/naturalization as a citizen of The
Bahamas, and that any person who knows any reason why
registration/ naturalization should not be granted, should
send a written and signed statement of the facts within
twenty-eight days from the 2ND day of OCTOBER, 2007
to the Minister responsible for Nationality and Citizenship,
P.O.Box N- 7147, Nassau, Bahamas.



NOTICE
NOTICE is hereby given that EVEN ELYSEE of EAST
STREET NORTH, NASSAU, BAHAMAS, is applying to
the Minister responsible for Nationality and Citizenship, for
registration/naturalization as a citizen of The Bahamas, and
that any person who knows any reason why registration/
naturalization should not be granted, should send a written
and signed statement of the facts within twenty-eight days
from the 2ND day of OCTOBER, 2007 to the Minister
responsible for Nationality and Citizenship, P.O. Box N- 7147,
Nassau, Bahamas.


Tuesday, Roberts was back, but
Breyer was still out. As of last
year, both owned stock in Cisco
Systems Inc., which now owns
Scientific-Atlanta.
Though the absence of Brey-
er means the case could end up
deadlocked 4-4, the hour of
arguments Tuesday seemed to
weigh against investors.

Limitation

Scalia suggested that the
court might "sensibly limit" the
right to sue so that schemes can
be attacked by the Securities
and Exchange Commission, but
not by investors' lawsuits. That
is how aiding and abetting vio-
lations are handled.
"What distinguishes the lia-
bility that you propose from
aider and abettor liability?"
asked Scalia.
Stephen Shapiro, the attor-
ney representing Scientific-
Atlanta and Motorola, said the
lawsuit cannot proceed against
the two suppliersunless they
made misstatements to Char-
ter's investors, prompting an


'objection from Justice Ruth
Bader Ginsburg.
Under the theory of Scientif-
ic-Atlanta and Motorola, "they
are home free because they did-
n't themselves make any state-
ment," said Ginsburg. "But they
set up Charter to make those
statements, to swell its revenues
- revenues that it in fact didn't
have."
Charter persuaded the two
suppliers to buy advertising that
was bankrolled with money
from Charter, which paid a $20
premium on each of hundreds
of thousands of cable TV set-
top boxes, for a total of $17 mil-
lion. The amount of the over-
payments equaled the amount
the two suppliers paid for the
advertising.
Charter reported the adver-
tising payments as revenue, a
step that helped Charter paint a
rosy financial picture for the
fourth quarter of 2000, a move
designed to artificially inflate
the price of the stock.
The case is Stoneridge Inyest-
ment Partners LLC v. Scientif-
ic-Atlanta Inc. and Motorola
Inc., 06-43.


NOTICE
NOTICE is hereby given that TISHKA DUPERA of 3325,
76TH STREET, APT. #4C, JACKSON HEIGHTS, CODE
11372, NEW YORK, is applying to the Minister responsible
for Nationality and Citizenship, for registration/naturalization
as a citizen of The Bahamas, and that any person who
knows any reason why registration/ naturalization should
not be granted, should send a written and signed statement
of the facts within twenty-eight days from the 2ND day of
OCTOBER, 2007 to the Minister responsible for Nationality
and Citizenship,.P.O. Box N- 7147, Nassau, Bahamas.


NOTICE

NOTICE is hereby given that JOESPH ST. CYR of
GEORGE TOWN, EXUMA, BAHAMAS, is applying to the
Minister responsible for Nationality and Citizenship, for
registration/naturalization as a citizen of The Bahamas,
and that any person who knows any reason why
registration/ naturalization should not be granted, should
send a written and signed statement of the facts within
twenty-eight days from the 10TH day of OCTOBER,
2007 to the Minister responsible for Nationality and
Citizenship, P.O.Box N-7147, Freeport, Bahamas.


COMMONWEALTH OF THE BAHAMAS
NEW PROVIDENCE
SUPREME COURT SEP 1 8 2007
CLE/qui/2006\01300

IN THE MATTER OF ALL THAT piece parcel or lot
of land being by admeasurement 18,155 square feet
situate approximately 163 feet South of the main Public
Road in the Settlement of Port Howe, Cat Island,
Bahamas, and being more particularly bounded on
the South by the Sea and running thereon Seventy
eight and sixty nine hundredths (78.69) feet, on the
East by land now or formerly the property of Wurdell
Sweeting and running thereon Two Hundred and Two
and six hundredths (202.06) feet on the North by land
now or formerly the property of Mildred Pinder and
running thereon' Seventy-eight and five hundredths
(78.05) feet and on the West by land now or formerly
the property of Mariam Storr and running thereon Two
Hundred and eight and six hundredths (208.06) feet.

AND

IN THE MATTER OF THE QUIETING TITLES ACT,
1959

AND

IN THE MATTER OF the Petition of CARL PINDER of
Smith's Bay, Cat Island another Island of the aforesaid
Commonwealth of the Bahamas.
******************* ******
NOTICE
*** *********************
The Quieting Titles Act 1959

The Petition of CARL PINDER of the Settlement of
Smith's Bay in the Island of Cat Island, one of the
Islands of the Commonwealth of The Bahamas in
respect of;- ALL THAT piece parcel or lot of land
being by admeasurement 18,155 square feet situate
approximately 163 feet South of the main Public Road
In the Settlement of Port Howe, Cat. Island, Bahamas
and being more particularly bounded on the South by
the Sea and running thereon Seventy eight and sixty
nine hundredths (78.69) feet, on the East by land now or
formerly the property of Wurdell Sweeting and running
thereon Two Hundred and Two and six hundredths
(202.06) feet on the North by land now or formerly
the property of Mildred Pinder and running thereon
Seventy-eight and five hundredths (78.05) feet and on
the west by land now or formerly the property of Mariam
Storr and running thereon Two Hundred and eight
and eight hundredths (208.08) feet which said piece
parcel or tract of land has such shape, size, dimension,
boundaries and positions as are shown on the plan a
copy of which is filed in this action herein and colored
Pink thereon. CARL PINDER claims to be the owner of
the fee simple estate in possession of the tract of land
hereinbefore described free from encumbrances. AND
the Petitioner has made application to the Supreme
Court of the Commonwealth of The Bahamas under
Section 3 of The Quieting Titles Act 1959 to have his title
to the said tract of land investigated and the nature and
extent thereof determined and declared in a Certificate
of Title to be granted by the Court in accordance with
the provisions of the said Act. NOTICE IS HEREBY
GIVEN that any person having Dower or a Right to
Dower or Adverse claim or a claim not recognized in
the Petition shall on or before the 30th day of November
A.D.,2007 file in the Supreme Court and serve on the
Petitioner or the undesigned a statementof his claim
in the prescribed form verified by an Affidavit to be filed
therewith. Failure of any such person to file and serve
a statement of his claim on or before the 30th day of
NovemberA.D., 2007 will operate as a bar to such claim.

Copies of the Filed Plan may be inspected at:
1. The Registry of the Supreme Court
2. The Chambers of S.A. HARRIS-SMITH SR. &.CO.,
Attorneys for the Petitioner, Mackey & Rosedale
Streets, Deal's Plaza, Suite No.8, P.O. Box N-4255,
Nassau, N.P. Bahamas.
3. The Office of the Commissioner/Administrator at
New Bight, Cat Island, Bahamas.

Dated the'18th day of September A.D., 2007


S.A. Harris-Smith Sr. & CO.
Chambers,
Mackey & Rosedale Streets
P.O. Box N-4255
Nassau, Bahamas

Attorneys for the Petitioner


Pricing Information As Of: C F A L.
Tuesday. 9 October 2007
31X LIS.. TaFxut &TURIAbDo SeUCR17Dt T YWWr W.fIh AHAMAh." P..
BISX ALL SHAREIN ( DM-e.I.912'01 / CHG 02.82 / %GHG 00.13/ .. Y ****fQ ,.,
52A. H. 2v..LC~ Securitl Ple.vous Close ToJda s Close Change Daily Vol EPS S Div S PRE Yield
1.78 0 5 ; .rL.r.cO !.!a!bKels 1.65 65 0.00 0.094 0000 17 6 0001%
11.74 11.00 Bahamas Property Fund 1 .60 11.60 0. 1502 0400 7.7 3.45%
9.55 7.56 Bank of Bahamas 9.55 9.55 0.00 0.733 0.260 13.0 2.72%
0.85 0.70 Benchmark 0.85 0.85 0.00 0.048 0.020 17.7 2.35%
3.74 1.60 Bahamas Waste 3.70 3.70 0.00 0.275 0.060 13.5 1.62%
2.60 1.20 Fidelity Bank 2.45 2.60 0.15 3.000 0.051 0.040 51.0 1.54%
11.02 9.55 Cable Bahamas 11.00 11.00 *0.00 5.850 0.996 0.240 11.0 2.18%
3.15 1.80 Colina Holdings 3.15 3.15 0.00 0.208 0.080 15.1 2.54%
16.26 11.91 Commonwealth Bank 16.26 16.26 0.00 1.190 0.680 13.7 4.18%
7.22 4.70 Consolidated Water BDRs 6.44 6.72 0.28 0.112 0.050 57.5 0.78%
2.76 2.20 Doctor's Hospital 2.35 2.35 0.00 0.284 0.000 8.3 0.00%
6.40 5.54 Famguard 6.30 6.30 0.00 0.804 0.240 7.8 3.81%
12.80 11.51 Finco 12.80 12.80 0.00 700 0.768 0.570 16.7 4.45%
14.75 13.82 FirstCarlbbean 14.65 14.65 0.00 1,000 0.934 0.470 15.7 3.21%
6.10 5.18 F6col (S) 6.09 6.09 0.00 0.364 0.133 16.7 2.18%
1.00 0.54 Freeport Concrete 0.70 0.70 0.00 -0.415 0.000 N/M 0.00%
8.49 7.10 ICD Utilities 7.25 7.25 0.00 0.411 0.200 17.6 2.76%
10.05 8.52' J. S Johnson 10.05 10.05 0.00 0.991 0.580 10.1 5.77%
n0 00 10 0 Prenier Real Estate 1000 10.00 0.00 1.167 0.600 8.66.00%
Ftielty Over-TIs-Counter Securities ",.- .. :'
i52 '_-, ...K.L. Sr..:,oI Bia $ As i, Last Price veeKly Vol EPS Div $ PIE Yilad
14.60 14.25 Bahamas Supermarkets 14.60 15.60 16.00 1.125 1.125 13.9 7.71
8 00 6.00 Caribbean Crossings (Pref) 6.00 6.25 6.00 0.000 0.480 NM 7.80%
n 54 0 20 RND Holdilns 0 35 0.40 0.20 -0.030 0.000 N/M 0.00%
CoUln Ovair-The-Countr seSurcue ,. .:..-: .. .'.
41 00 41.00 ABDAB 41.00 43.00 41.00 4.450 2.750 9.0 6.70%/o
1460 14.00 Bahamas Supermarkets 14.60 15.50 14.00 1.234 1.485 13.9 10.50%
0 55 0 40 RND Holdinqs 0 45 0.55 0.45 -0.030 0.000 N/M 0.00%
BISX Listed Mutual Funds .f '.' .
52wk-Hi 52wk-Low Fund Name NA V YTD% Last 12 Months Div $ Yiela %
1.3585 1.3087 Colina Money Market Fund 1.358531"
3.3402 2.9449 Fidelity Bahamas G & I Fund 3.3402**"
2.9215 2.4687 Collna MSI Preferred Fund 2.921539"**
1.2741 1.1970 Collna Bond Fund 1.274052"*
11.6581 11.2129 Fidelitv y rin,,1 Ilnrome FLPd 11 7653"**
F"NDEX: CLdiSE 865.97 / YTD 15.6B% 12000 34.47 ;. '..i .'; .
BISX ALL SHARE INDEX 19 Doc 02 i 10'i.r11l MARKET TERMS YIELD last 12 month dilvdends divided by closing price NAVE
52wk-Hi Highest cloorig price In l ist 52 wu ks Bid $ Buying price of Collln and Fidelity
52wk-Low Lowest closing prico III ltst 52 w-,ukr. Ask $ Selling price of Collna and fidelity 28 September 2007
Previous Close Previous day's wolghlid price for daily volume Last Price Last traded over-the-counter price 30 June 2007
Today's Close Culrrtl deny's wolghod price for dolly volume Weekly Vol. Trading volume of the prior week "' 30 September 2007
Change Change In closing price from day to day EPS $ A company's reported earnings per share for the last 12 mths "" 31 July 2007
Daily Vol. Number of total shares traded today NAV -Net Asset Value
DIV $ Dividends per share paid In the last 12 months N/M Not Meanlngful
P/E Closing price divided by the last 12 month earnings FINDEX The Fidelity Bahamas Stock Index. January 1, 1994 100
(S) 4-for-l Stock Split Effective Date 8/8/2007
TO TRADE CALL: COLINA 242-502-7010, PIODffTY.242-536P57784 V FORot las C" . `- '













THE TRIBUNE BUSINESS


COISGI


ITS A SAME MR.WILSON WORKS So IARP IN HIS
GARPEN AN'ALL HE GPT5 ARE VEG-TA13LES."


Larceny of a High Order


WEST EAST
43 4J
V1065 VAQ743
+962 *QJ843
+KQJ754 *82
SOUTH
+Q 1087542
vJ
*A7
+A 106
Th,. bidding:
South West North East
1 Pass 3 Pass
44
Opening lead king of clubs.
Today's deal was played in a
duplicate game, where scoring an
extra trick is much more important
than in rubber bridge. It might look
impossible to make more than 11
tricks at four spades, but at several
tables South wound up with 12.
At most tables, declarer won the
club lead with the ace as East played
the eight South then led the heart
jack toward dummy, hoping to steal
the king if West had the ace and
ducked. But East took the king with
the ace and returned a club to hold
South to 11 tricks.


Many of these declarers most
likely did not recognize East's eight
of clubs as a probable high-low sig-
nal, marking West with six clubs. If
this were true, then East couldn't also
have ths ace of hearts, because he
would surely have overcalled with
two clubs at his first turn.
So, to this extent, those declarers
who tried to steal a trick by leading
the jack of hearts to the king bungled
the job. Their thinking was obviously
misdirected.
The Souths who made the extra
trick found a more refined approach.
They ducked the club king and won
West's club continuation. After uff-
ing the third club high in dummy,
they then played six rounds of
trumps, producing this position:
North
VK
SK lb 5


West
S10
+962


East
VA
*QJ8


South
+4

*A7
South next led the spade four and
discarded dummy's king of hearts.
East could not discard a heart or a
diamond without handing South an
extra trick, so these declarers elded
up with 12 tricks to share top score
on fle btog&ra'r '. *" "=',


ITARGE


][



-E

D


The
usm
words In
themain
body of
Chambers
21st
Century
Dictionary
(1999
edition)


HOW many words of four letters
or more can you make from the
letters shown here? In making a
word, each letter may be used
once only. Each must contain the
centre letter and there must be
at least one nine-letter word.
No plurals.
TODAY'S TARGET
Good 17; very good 26; excellent
35-(or more). Solution tomorrow.


ACROSS
1 One given shelter from the wind
around central Harlesden (5)
6 A sharp knock I had (5)
9 A bit of food and drink one gets on
with (7)
10 Possibly childish piece of writing (5)
11 Something to clutch when taking a*
drink? (5)
12 Not exactly tripe, but quite
uninspired (5)
13 He gains a lot (7)
15 The French boy? (3)
17 Foil? Not exactly (4)
,18 Unship in a way that can hurt (6)
19 Play an instrumental piece (5)
20 Something to eaton the
golf course? (6)
22 Grind out the figures? (4)
24 Headpiece used in the army (3)
25 See obscure detail as a strong
point (7)
26 To drink freely is the way to
get sick (5)
27 Maintain that the conductor should
be at the piano (5)
28 Loss of composure leading to some
incapacity (5)
29 Not a sword, but it may be drawn (7)
30 Publicity experts in endless demand,
possibly (5)
=31 Soft, but it can have a loud part (5)


cryptic soi 'uons
AC0SS: 9, On- ikpu&i 10, Achi-V-es 12, (th)Em-ma(y)
13,Scraps 14,Upright 13,Rayofhope 17,G-a-rib-aldi 18,
D0Is-gust 20, REs-cue 21, Blue 24,A-cu-aly 26, Rad-
lance 28,0use (ooze) 29,A-vO-C-et 31,Descent 34,
Pine-apple 36, Off-spring 38,Tartlet 39,Tapin-g 40, Spot
41,Lalddown 42, Extratmne DOWN: 1,Dogeared 2,
Firmly 3, B-lack-out 4, Rega-L-e 5, Pass-ages 6, S-cout r-
ound 7,Mic-rob-e 8,Benga-L 11,Stain-E-d 16,Foulur 19,
Socks 20, Roy 22, Lu-c-re 23,Pas-s up 25, Love poton
26, Ro(ten) 27,Co-m-pet-e 30, C-re-ating 31, Defin-lt-e 32,
Together 33, Bal-ads 35, Norma-L 36,Os-prey 37, mpair


DOWN
2 Put ashore from a United Nations
vesser(6)
3 Thin as spears may be (6)
4 A diversion to end the day (3)
5 A tough back (5)
6 Where to wave the batons or possibly
play the banjo (7)
7 In poker, it's wanted money (4)
8 I'm a long time making pictures (6)
12 Sounds the horn more than
excessively (5)
13 Jam, or maybe cheese (5)
14 Lady Guinevere's
Indignant refusal (5)
15 Figures in black and blue (5)
16 The warship will use her guns (5)
18 One sees through it, naturally (5)
19 Being so high, it gets snowed on (7)
21 Ranted bitterly about being
barred? (6)
22 Where, abroad, mother and I would
keep the law (6)
23 Royal British ex-servicemen? (6)
25 See wood as suitable for footwear (5)
26 Up north, the place for a wild seal (4)
S28 Drink up old manl (3)


easy solutions I I
ACROSS: 9, Lifeguard.10, Hostages 12, Then 13, Winner
14, On sight 15, Ludicrous 17, Catmaran 18, Average
20, Tether 21, Menu 24, Ballroom 26, Nitrogen 28, Ayes
29, In a row 31, Sceptic 34, All thumbs 36, Spectator 38,
Abandon 39, Loosen 40, Wall 41, Sergeant
42, Smoulders. DOWN: 1, Flotilla 2, Offend 3, Camisole
4, Adonis 5, Short cut 6, Assortment 7, Satsuma 8,
Beggar 11, Stand up 16, Cradle 19, Erase 20, ,um 22,i
Elect 23, Honest 25, Ornamental 26, New 27, Caravan
30, Resolute 31, Skeleton 32, Careless 33, The dogs
35, Loafer 36, Spouse 37, Teases.


ACROSS
1 Feel (5)
6 Desolate (5)
9 Regain (7)
10 Judge's hammer (5)
11 Respond(5)
12 Magic spirit (5)
13 In base
ten (7)
15 Be victorious (3)
17 Strays (4)
18 Useless (6)
19 Yields (5)
20 Voices (6)
22 In this place (4)
24 Golf peg (3)
25 Sailor (7)
26 Collar part
27 Threesomes (5)
28 Yell (5)
29 Dream (7)
30 Encouraged (5)
31 Attempted (5)


DOWN
2 Lecturer (6)
3 Summary (6)
4 Slippery fish (3)
5 Drying cloth (5)
6 Grave (7)
7 Large
shrub (4)
8 Uraw
back (6)
12 Pastimes (5)
13 First performance (5)
14 Box (5)
15 Broaden (5)
16 At no time (5)
18 Wild (5)
19 Folded (7)
21 Horror (6)
22 This way (6)
23 Continue (6)
25 Gauge (5)
26 Knowledge (4)
28 Be seated (3)


WEDNESDAY,
OCT 10
ARIES March 21/April 20
While you don't want to have a dis-
cussion with a family member, you
have to early in the week. Listen to
what he or she says to you.
TAURUS April 21/May 21
Don't give up too easily when it
comes to something that you really
want, Taurus. A loved one gets you
involved in a family argument. Try to
help everyone come to an agreement.
GEMINI May 22/June 21
You have to be patient this week
while waiting for a close friend to
answer an important question. Don't
force the issue or you may not get
the response that you're hoping for.
CANCER June 22/July 22
Try not to get upset when a business
associate is in the spotlight instead
of you this week. He or she really
does deserve the praise. A close
friend needs help with a family
matter. Don't get involved.
LEO July 23/August 23
Keep your eyes and ears open at
work. There.is something strange
going on. Colleagues are counting
on you to find out what it is. Don't
worry it isn't anything serious.
VIRGO Aug 24/Sept 22
You struggle with your perfectionist
nature early in the week, Virgo. Do
the best that you can. Scorpio plays
an important role.
LIBRA Sept 23/Oct 23
An acquaintance tries to pull the
wool over your eyes early in the
week; don't let it happen. If you
really listen to what is being said,
you'll see that it can't be true.
SCORPIO Oct 24/Nov 22
A close friend confides in you this
week, Scorpio. Even though he or
she reveals some important informa-
tion, don't betray this person's trust.
He or she wouldn't do that to you.
SAGrITARIUS Nov 23/Dec 21
A coworker gets into. trouble and
asks you to lie for him or her. Don't
do it; it's not worth it. Besides, no
one will believe you anyway. You
can't lie. Blow off some steam this
weekend, you deserve it.
CAPRICORN Dec 22/Jan 20
Don't try to take control of a situa-
tion that you can't handle early in
the week, Capricorn. You know
your limitations; don't ignore them.
Let someone else take the lead.
AQUARIUS Jan 21/Feb 18
Don't make a hasty decision when it
comes to your personal finances this
week. An old friend whom you
haven't seen in a while calls you.
Find out what he or she really wants.
PISCES Feb 19/March 20
You have several things to do.this
week, Pisces, and a lot of people
are counting on you. Avoid dis-
tractions whenever you can.


I A i C H E S b y L e o ar d a 6d n-


Dance2Dance v Terminater077,
instantchess.com 2006. In web
chess you normally choose a
pseudonym or handle rather
than play under your own name.
Black probably meant to call
'himself Terminator007, though
both his spelling and
numerology were off beam.
White had a normal handle, but
his strategy of marching his king
to the centre with several pieces
still on the board was bizarre.
So, not surprisingly, it's Black to
move and win here.
Instantchess is a free site with
user-friendly graphics where you
can find an opponent quickly,
though if you seriously want to
improve your play it's best to go
to chessclub.com where you can
watch grandmasters in action


8328
8


1 1






a h c d e f g h

both online and over the board.
How did Black (to move) finish off
his opponent?


LEONARD BARDEN


Chess solution 8328: l...e5+ 2 Kd5 R2c5+ 3 bxc5
Rvc5+ 4 Kxd6 Bf8 mate.


PAGE 7B


I CRYPTIC PUZZLE I


-- .~5
- ill
















Stocks advance after Fed minutes give


rate cut


e; Dow sets new records


SBy JOE BEL BRUNO
AP Business Writer

NEW YORK Wall Street
advanced sharply Tuesday as
investors interpreted minutes
from the Federal Reserve's last
meeting as indicating the central
bank is ready to keep cutting
interest rates to boost the econ-
omy. The Dow Jones industrial
average and Standard & Poor's
500 index reached new record
highs.
The minutes from the Feder-
al Open Market Committee's
Sept. 18 meeting, when Fed
governors voted unanimously
to cut rates a half percentage
point, also showed that officials
were concerned that the weak-
ness in the dollar could lead to
higher inflation. But the Fed -
signaling it is more willing to
intervene also said the eco-
nomic outlook was uncertain
because of the summer's credit
crisis, and that there were still
risks to growth that justified
lower rates.
The major indexes were lit-
tle changed just before the min-
utes came out, then rose
sharply. Investors were hoping
that the Fed would lean toward
future rate cuts; central bankers
will meet again Oct. 30-31.
"This adds fuel to the fire that
the Fed is going to try and rein-
vigorate the economy.with fur-
ther cuts, and that's what they
are committed to," said Richard
E. Cripps, chief market strate-
gist for Stifel Nicolaus. "The
likelihood of having a second
cut either this month or at the
December meeting seems
greater than before the min-
utes."
Further, Federal Reserve
Bank of St. Louis President
William Poole said during a
speech Tuesday he believes the
financial markets are "still frag-
ile" from weakening credit con-
ditions, but that it appears to
be stabilizing. San Francisco
Federal Reserve Bank Presi-
dent Janet Yellen said in a
speech the central bank must


focus on "how financial market
developments are likely to
affect employment, output and
inflation."
The Dow rose 120.80, or 0.86
percent, to 14,164.53, eclipsing.
the previous record close of
14,087.55 reached Oct. 1. The
Dow had a new trading high as
well, rising to 14,166.97.
The S&P rose 12.57, or 0.81
percent, to a record close of
1,565.15. It surpassed the previ-
ous record close of 1,557.59,
reached last Friday, and also hit
a new trading high of 1,565.26.
The Nasdaq composite index
rose 16.54, or 0.59 percent,
2,803.91. This is the first time
the technology-heavy index
closed above 2,800 since Janu-
ary 2001. It is lagging the other
big indexes because it was
severely overinflated by the dot-
cor boom, and it isn't expected
to reach its record high close of
5,048.62 anytime soon.
Bonds slipped after the Fed
minutes were released, with the
10-year Treasury note yield -
which moves inversely to its
price rising to 4.65 percent
from 4.62 percent before the
minutes' release. The Treasury
market was closed Monday for
Columbus Day, and its yield
was 4.64 percent on Friday.
While Wall Street was
focused on a possible rate cut,
bond investors believed the
Fed's economic outlook is
uncertain.
The dollar was generally low-
er against other major curren-
cies, while gold prices rose.
Light, sweet crude rose $1.24 to
$80.26 on the New York Mer-
cantile Exchange.
Investors have been waiting
for any clue about the Fed's
plans for the rest of the year,
with most economists expect-
ing a rate cut before the year is
out. However, those hopes were
somewhat dashed on Friday
after the government reported
better-than-expect employment
numbers that eased fears the
economy.would slide into a
recession.


TRADERS GIVE each other a high five on the floor of the New York Stock E


closing bell


Policymakers during the Sept.
18 meeting believed that "some
further slowing of employment
growth was likely." They also
felt before seeing the jobs
report that a further slowing
in employment was likely this
year.


"The Fed is in a pretty good
situation right now," said Ed
Peters, chief investment officer
at PanAgora Asset Manage-
ment. "They want a clear direc-
tion, they don't like when things
are too much in the middle, and
they are getting some pretty


Exchange shortly after the



clear signs."
He said most analysts are
now focused on the pace of
third-quarter earnings, which
unofficially started after the
closing bell on Tuesday when
Alcoa Inc. reported results. The
aluminum producer said profit


rose 3 percent, though sales fell
from the year-ago period.
The results fell short of Wall
Street expectations. Alcoa,
which rose $1.42, or 3.7 percent,
to $39.72 during the regular ses-
sion, gave up 71 cents in after-
hours trading.
Meanwhile, Yum Brands Inc.
rose $1.82, or 5 percent, to
$38.11 after the company on
Monday reported stronger-
than-epxected third-quarter
profits. While revenue in the
U.S. declined, strong interna-
tional sales boosted results.
Molson Coors Co. shares rose
$5.32, or 10.4 percent, to $56.15
after the brewer said it plans to
combine its U.S. brewing oper-
ations with SABMiller PLC in
an effort to compete better
against industry leader
Anheuser-Busch. The joint ven-
ture will be known as Miller-
Coors and will have responsi-
bility for selling brands includ-
ing Miller Lite, Miller Genuine
Draft, Coors, Coors Light and
Molson Canadian in the U.S.
SABMiller shares, which
trade on the London Stock
Exchange, rose 1.4 percent, to
1,487 pence.
NBC Universal said Tuesday
it is buying female-oriented
cable television network Oxy-
gen Media for approximately
$925 million. General Electric
Co., the parent of NBC, rose 49
cents to $42.02.
Google Inc. rose again Tues-
day after closing above $600 for
the first time Monday. The
stock rose $5.57 to $615.18.
Advancing issues outnum-
bered decliners by about 2 to 1
on the New York Stock
Exchange, where volume came
to 1.09 billion shares, up from 1
billion shares on Monday.
The Russell 2000 index of
smaller companies rose 5.58, or
0.66 percent, to 845.72.
Overseas, Japan's Nikkei
stock average rose 0.56.
Britain's FTSE 100 rose 1.14
percent, Germany's DAX index
rose 0.08 percent, and France's
CAC-40 advanced 0.56 percent.


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Crist believes lawmakers



could create property


tax relief sooner


* By BRENT KALLESTAD
Associated Press Writer

TALLAHASSEE, Fla -
Gov. Charlie Crist said Tues-
day he wants to extend the cur-
rent special legislative session
through the weekend to try to
come up with a new property
tax relief plan.
Crist said he was persuaded
by some lawmakers' suggestions
for doubling the present $25,000
homestead exemption and
allowing homeowners to take
existing property tax breaks
with them when they move.
"Why not go ahead and get
the job done," Crist said. "The
people would like that I'm sure,
so that's what I want to do.
Lawmakers are meeting
through Friday to cut the state
budget by about $1.1 billion
due to a shortfall in tax rev-
enue. Some of the plans law-
makers approved in June to cut
property taxes have run into
legal trouble, and Crist wants
them to stick around over the
weekend to work on a new plan
rather than wait until later this
month.
Crist has often repeated his
desire to see property taxes
"drop like a rock," but so far
the state has only provided what
it says will he an average of $174
in savings for each homeowner
through legislation that does not
require voter approval.
Democratic legislative lead-
ers are split on the new plan for
a state constitutional amend-


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ment that Crist and majority
Republican lawmakers are
floating for the Jan. 29 presi-
dential primary ballot.
Senate Democratic Leader
Steve Geller, of Cooper City,
said he thought it would only
provide an additional estimated
$220 per homeowner. He said
that was not enough to justify
the cuts that cities and counties
would have to make in some
services.
"The pain it would cause to
local government-is immense,"
Geller said.
House Democratic Leader
Dan Gelber, of Miami Beach,
said he thought his members
would find it more agreeable
because it doesn't try to do
away with the existing Save Our
Homes Amendment that pro-
tects homeowners against dra-
matic tax increases due to rising
property values. He also likes
the idea that school taxes would
be exempt from the new tax
cuts.
While Republicans have
enough votes to approve a con-
stitutional amendment for the
November 2008 ballot, they'll
need Democratic support to put
it on the primary ballot.
House Speaker Marco Rubio,
R-West Miami, said he talked
with Crist about a timeline for
dealing with the issue but noth-
ing has been completed. Sen-
ate President Ken Pruitt did not
immediately respond to a phone
message.
Legislative leaders had earli-
er planned another special ses-
sion for later this month to
draft a new property tax relief
plan for the Jan. 29 ballot, but
no dates have yet been
announced.
A judge has removed a pro-
posal that lawmakers passed in
June from the ballot because
he said its summary is mislead-
ing and inaccurate.
That proposal would have
phased out the popular Save Our
Homes, which caps annual
assessment increases at 3 percent
for homeowners, and replaced it


with a larger exemption.
But some have complained
that homeowners, who could
have chosen to keep their exist-
ing benefits, would actually pay
more in the long run by choos-
ing the "super exemption. It
would have exempted 75 per-
cent of the first $200,000 of a
home's value and 15 percent of
the next $300,000.
The proposal being circulated
would exempt the first $25,000
of a home's value and require
taxes to be paid on the second
$25,000 before exempting the
third $25,000.
The additional exemption
would not apply to school taxes,
which responds to a Democrat-
ic criticism of the super exemp-
tion amendment. Republicans
promised they would find state
dollars to replace money the
schools would lose, but there's
nothing in the amendment
requiring that.
The new plan also would
include a "portability" provi-
sion that would let homeowners
take at least a portion of their
Save Our Homes benefits to a
new house.
Florida Association of Coun-
ties spokeswoman Cragin
Mosteller said local officials are
disappointed they haven't been
asked to participate in the tax
relief discussions.
"We're the people that pro-
vide the services," she said. "We
could prevent them from having
to go back a third time."
Many local officials, public
employees and teachers have
opposed the super exemption
amendment and polls show it
would fall short of the 60 per-
cent vote needed to be placed in
the Florida Constitution.
Mosteller said local officials
are open to portability but want
to see it limited only to moves
within a county rather than
statewide because that could
further erode the tax base of
financially strapped rural coun-
ties. They also could suffer from
the bigger homestead exemp-
tion, she said.


PAGE 8B, WEDNESDAY, OCTOBER 10, 2007


THE TRIBUNE