by Larry Smith
The so-called 'anchor project' model of development is a hot-button topic these days - critics say we are selling our birthright to foreign speculators for a mess of pottage.
But this model is not new. It dates back to the early years of the 20th century. And over the past hundred years, most examples in the out islands have failed, often leaving derelict buildings and environmental havoc in their wake.
Although the 'anchor project' policy was codified by the Pindling government in the late 1970s, the idea actually originated in response to the new-found prosperity generated by bootlegging in the 1920s.
During prohibition, liquor was profitably smuggled in huge quantities from the Bahamas to the United States, and since West End and Bimini were nearest to the American mainland - that's where the first out island resorts were conceived.