Political developments (Cayman Islands)

Next week we elect 18 representatives ("MLAs") for the next four years, and the 18 will then elect a Cabinet from among their number. There are three teams of candidates plus a whole bunch of unaffiliated independents. Because of all the turmoil and drama of the past few months, it's anybody's guess who will end up in control of our tax revenues.

Britain's FCO is monitoring the action, but its clerks' attention wanders from time to time, and if there's one thing our local rulers excel at its taking advantage of the FCO's short attention-span.

The bases of our prosperity ought to be safe, but the greed, corruption and incompetence of local governments elsewhere in the world remind us of sod's law: what can go wrong, will go wrong.

Those interested in Cayman and its future should keep a wary eye on developments. My blog will carry occasional reports, and our local web-forum (Caymannews service.com - no relation) will carry frequent ones.