Archive for May, 2010
Dinosaurs
I am starting to believe that we are all trapped in a sequel to Jurassic Park in which a species of political dinosaur with the scientific name Tyrant – osuarus buyenoughvotestogetelected emerges and tries to destroy Cayman. I am not sure how such dinosaurs emerged on our Islands. They were certainly not seen when I was a child.
It may be the party political system and the absence of one-man-one-vote elections, but I think that someone needs to check that chauffeur driven blacked out SUV. It seems to work something like Superman’s quick-change telephone booth. An ordinary man gets into the back seat shortly after an election, the door closes and then a political dinosaur emerges when the door re-opens.
Ever since our dinosaur in chief got in that thing he seems to be displaying more and more strange traits. First he seemed to think that there is some secret clause in the Constitution that justifies him having a gaggle of personal servants paid for by the poor tax payers. Next he appeared to believe that he deserves a big wall around his personal property paid for by the poor tax payers. Then there is the travelling around like some oil-rich feudal prince at OUR expense. Now he apparently feels free to attack anyone who questions how much of OUR money he and his cronies are enjoying and also feels free to attack the media that allows people to question the use of OUR money.
To be fair to the SUV, I understand that it may not be the problem. Part of the problem may be due to the videos directed by long dead politicians which dinosaurs like to watch including:
Papa Doc Duvalier’s – I Pillaged My Way
Idi Amin’s – How many opponents’ heads can you fit into a refrigerator
and of course the ‘talking book’ version of the dictator’s bible, Machiavelli’s – How to intimidate enough people for long enough to bleed a country dry.
I also heard a rumour that just after the election some developer placed a bulk purchase order for the Beta-Max version of the North Korean leadership’s favourite, How to empower and enrich yourself while giving an entirely new meaning to the word ‘democracy’. It seems that any politician who is given a copy of this video feels compelled to give away multi-million dollar concessions in exchange for payoffs of one kind or another.
The only way we can rid ourselves of these dinosaurs (short of a comet strike) is to strengthen our Freedom of Information legislation and implementation, and to strengthen the resources and independence of the office of the auditor general, and of course provide for immediate public access to any and all reports of that office. Having a referendum to permanently set the pay of our politicians at no more than twice the pay of the average voter would make our country less hospitable to dinosaurs, as would the imposition of term limits so that no politician would be able to serve more than two terms.
My favourite solution to the current dinosaur infestation,however, is to impose a “hissing and spitting” tax. This would be a kind of VDT (Value Detracted Tax), payable by any dinosaur who engages in rants against the foundations of democracy, payable each and every time they have such a rant. This tax should be sufficient to deter anti-democratic behaviour – something like an actual condo at the most expensive condo-development on the island. If the dinosaur refuses to pay we should send them to prison of course. That way we might have a situation in which politicians help to pay down the country’s debts rather than increasing the country’s debt for their personal benefit.
Of course, it might also mean that they just create a new VID (very important dinosaur) wing at the prison with its own marble privacy wall, as well as a casino and little fringe benefits such as personal chefs, butlers and masseuses.
Cayman meets new EU hedge fund rules says Bush
(CNS): In the wake of news reports that European Union law makers had broadly approved the Alternative Investment Fund Manager Directive (AIFMD), the premier has said that he believes Cayman already meets the requirement in the new rules to continue doing hedge fund business in the EU. The new EU initiative only allows non EU funds to be marketed there if they meet strict new criteria relating to regulatory oversight, anti-money laundering and countering terrorist financing, compliance standards and TIEAs. McKeeva Bush said that government has already been watching the development of the directive closely and now plans meetings next month to ensure this is the case.
Techy world of diving shows off in Cayman
(CNS): Dive fans from all over the diving world are converging on
Inner Space attracts many of the “Who’s Who” in the CCR world organizers said as representatives show off their products, new technologies, rebreathers, computer software, accessories, electronics and more, providing insight into the state of the industry on products, design features, decompression models and new updates on what’s coming.
Evening presentations are open to anyone interested, starting at
To find out more about Inner Space, contact Divetech at 946-5658 or www.divetech.com/Innerspace.htm
Couple reveals Cayman hospital nightmare
(Winona Daily News): Dana Engel doesn’t remember her husband crying at her bedside in the
Supermarket drops discount day
(CNS): Shopperswho have become accustomed to getting cut price groceries will be disappointed when they visit Hurley’s supermarket after tomorrow as the store is discontinuing is long standing 10% Off Wednesday Promotion. After eight years Hurley’s management said it could no longer offer the discount as a result of rising operational costs. The cancellation of the long standing promotion by the local grocer will come into effect on Wednesday 26 May. The promotion which provided customers with a 10 percent storewide discount on all groceries every Wednesday began after Hurley’s opened their Grand Harbour store location
Man shot on own doorstep
(CNS): Police said today that officers have launched an investigation into what they say was the attempted murder of a 50-year-old man in the George Town area last night, Monday 17 May. The man was shot in the shoulder by a gunman dressed in all black who appeared at his doorstep in Cruz Lane at around 11pm, police, who are appealing for witnesses, stated. Although currently at the George Town hospital in a stable condition the injured man is expected to be transported overseas for further medical treatment.
Swim stars offer kids tips for success
(CNS): Local swimming stars Shaune and Brett Fraser showed off their winning strokes recently offering a group of Cayman Islands Swim School students some tips on how to succeed in the pool. The brothers’ surprise visit to the Lion’s Aquatic Centre was arranged by the swim school “to motivate and inspire Cayman’s next generation of award-winning swimmers,” said Coach Dominic Ross. Shaune and Brett told their audience that they both started their swim careers in the Lion’s Pool – proof that when you set your sights high, anything is possible.
Cable & Wireless rebukes Digicel over legal case
(CNS): There islittle indication that the regional telecom firm Cable & Wireless intends to go easy on its competitor, Digicel in negotiations over legal costs regarding the recent court room battle. Earlier this month LIME said any settlement over costs with Digicel would require full compensation to C&W for the “enormous costs” it suffered as a result of what it said was a baseless case. Digicel had brought suit against Cable & Wireless claiming that C&W had intentionally delayed Digicel’s entry into markets in the Caribbean between 2002 and 2006. Digicel lost the case in the UK High Court last month which also ruled costs to Cable & Wireless.
Golding to sign extradition for ‘Dudus’
(AP): Jamaica’s prime minister has said he will allow reputed drug kingpin Christopher "Dudus" Coke to be extradited to the US ending a nine-month fight with Washington but raising fears of a violent backlash from the suspect’s supporters. The announcement Monday night marked a reversal for Prime Minister Bruce Golding, who faced mounting public pressure to drop his opposition to the request. The wanted man allegedly controls a band of gunmen inside a barricaded neighborhood of west Kingston that Golding represents in parliament.
EU approves hedge fund transparency law
(Bloomberg): A panel of European Union lawmakers approved a proposal to force hedge fund managers outside the EU to agree to transparency standards in exchange for a so-called passport to market to investors in the 27-nation bloc. The European Parliament’s economic and monetary affairs committee voted for the measure today (Monday 17 May) in Strasbourg, France, as part of a package of tougher rules for hedge-fund and private- equity managers. The full EU Parliament is due to give its verdict on the draft legislation, which the US has opposed, in July. “It’s very important,” Jean-Paul Gauzes, the French lawmaker who sponsored the bill in the parliament, said in an interview.
“We have to bring order.” The overall law, which would also see investment managers subject to restrictions on bonuses and how much debt they can use, was passed with 33 votes in favour, 11 against and three abstentions. It was opposed by UK conservative members of the committee.