Comment history

BahamaLlama says...

Good God. Nobody else has managed to do it, but a bunch of millennials crowdfunding with an ICO (i.e. no cash, no investors) have somehow managed to unify all these complex systems? Bahamas-based? Aiming to launch in Nov?

Tribune staff - please. Please have a go at being critically-minded journalists.

On A one-stop shop for all financial services

Posted 9 August 2018, 12:12 a.m. Suggest removal

BahamaLlama says...

Why can't this guy stand for Parliament? IQ a little too high?

On Be careful buying the Grand Bahama hotel

Posted 9 August 2018, 12:08 a.m. Suggest removal

BahamaLlama says...

BMW - yes that one's doing the rounds. A certain president who ran off with a certain senator's cash!

On Cops quiz GB Urban Renewal official

Posted 8 August 2018, 12:53 p.m. Suggest removal

BahamaLlama says...

Good start. Next, on to GBPA management (Rolle, Newbold etc), the Ministry of Works, Customs, and Kwasi's office. We're going to need to build a bigger jail.

On Cops quiz GB Urban Renewal official

Posted 7 August 2018, 12:46 p.m. Suggest removal

BahamaLlama says...

Handy guide for employees at the Central Bank who want to understand how money works:

> "Definition of fiat money. Paper money or coins of little or no intrinsic value in themselves and > not convertible into gold or silver, but made legal tender by fiat (order) of the government"

"What is fiat currency?"
https://www.finder.com/what-is-fiat-cur…

BahamaLlama says...

Blockchain is the opposite of fiat. The latter is issued by a central authority, the former is an entirely decentralized network where any entity can issue. Digital fiat urrency is called a credit card.

It would help if we had a central bank who had the slightest idea of what they were doing.

BahamaLlama says...

I can't imagine a harsher reality check, or a more necessary one. Wynn's not exactly Mr Ethics, but he's a businessman doing what businessmen do to get what they are aiming for - and no business exists as a welfare project to create jobs (unlike the gov). Even crooks can speak the truth.

We learn now, or we keep failing - the country is not competitive, and it keeps paying the price like a dog going back to its own vomit. The Bahamas has to learn this lesson - we have to *compete* for jobs now in 2018.

BahamaLlama says...

Every single person who signed anything in that log book, or "checked" it, needs to be immediately fired and prosecuted. By the parents of the 8 year old girl, if they're still alive.

BahamaLlama says...

I am still in utter amazement this could have even happened. A guy with only multi-engine PPL operates 129 "commercial" flights with 8 passengers in an Aztec, like he's a jitney driver. He loses control of it when he goes into a system, after refusing to answer ATC, and ends up 180 killing everyone on board.

Not answering ATC, just by itself, is enough to get serious disciplinary action, or an escort. The irresponsibility here is beyond comprehension. Offering commercial flights before even being instrument rated? WTF?

This is so serious it warrants actually shutting down regional airspace to light aircraft until licenses and rentals are checked (no professional pilot is going to complain considering the circumstances). Did nobody check the flight plan? Did flight services not check on landing? Did nobody ask for his license or log book? ATC didn't sanction him? How were these passengers "booking" these flights or hearing about them?

We need to thank our lucky stars the story hasn't spread wider. The fact this occurred in our airspace speaks volumes about how professionally-(mis)-managed it is.

BahamaLlama says...

A government cannot create tourism, or create business. It can only provide the best environment for private enterprise to flourish, and the most secure environment for tourists to visit. And that involves getting the absolute hell away from private business - the opposite direction this moron is suggesting.

New rule for government ministers - if you need to take a test to show you can drive a car, you need to pass an economics test to show you can understand how a market works.