Not surprisingly, today the courts overturned the real estate policy implemented a year ago, which prevented Bermudians who owned property previously eligible from selling to non-Bermudians.
The policy was stupid to begin with, and would neither alleviate the housing problem on the island or prevent fronting, which were the two lame justifications used by Miniter Horton in defending the rash decision.
This policy was as pointless and counter-productive as another hasty, but in this case act of desperate electioneering, imposing work-permit term limits of 6 years.
Tom Vesey, writing in The Bermuda Sun recently, had a great run-down on the problems with work-permit term limits (with a good discussion ensuing at Limey in Bermuda), an issue the Cayman Islands is currently experiencing.
This Government's propensity to cavalierly announce significant policy or legislative changes, with the sole intent of satisfying a short term political outcome, is a terrible trait.
It doesn't just make them look foolish, it's impacting our economy. At least in the real estate case, the courts had some good sense and an ability to intervene.
