I don't think the rich or poor should have to pay and bail out the country due to the actions of corrupt politicians. This was a rich country at one point and still could easily have been, had not so many secret deals been made under the table by our leaders.
It appears the answer is: there is no answer to The Bahamas' financial crisis. The only ideas that may make sense are: sand harvesting (sell sand to the US and Signapore) and cannabis. Other than these, it's back to a fishing village we go. Food security should also be top of the list, to prepare for the Bahamian dollar crashing. The Government needs to start building shelters for the thousands of newly evicted homeless. 2021 is going to be a rough ride for sure.
I think free speech is important. The key consideration is that The Bahamas Police must train and prepare NOW for civil unrest and how to humanely prevent mob rule, should it occur in the next year due to pandemic hardships. This is a wake up call!
Before, they said they needed foreign workers to do high skilled work. Now, they say Bahamians can't even fish and dive. So, what can Bahamians do? If Bahamians don't believe in Bahamians, who will?
It appears every deal entered by our Government is a deal in a deal. There is the outside, public deal that slants highly in favor of the foreign investor and the inside, private deal that wires straight to politicians' and cronies' bank accounts. This deal in deal manner of operating craters the public treasury. No country can sustain such a duplicitous system for long before complete collapse occurs.
BahamaPundit says...
The question is what's the "best case scenario?" Even if this succeeds, there isn't a good outcome.
On INSIGHT – ‘Worst-case scenario’: Questions raised as oil ship churns towards The Bahamas
Posted 8 December 2020, 2:22 p.m. Suggest removal
BahamaPundit says...
I don't think the rich or poor should have to pay and bail out the country due to the actions of corrupt politicians. This was a rich country at one point and still could easily have been, had not so many secret deals been made under the table by our leaders.
On Realtors: 'Stop going to same taxation well'
Posted 6 December 2020, 11:50 p.m. Suggest removal
BahamaPundit says...
Wish people would stop calling it "waste" and "mismanagement" and call it what it is: Corruption.
On Realtors: 'Stop going to same taxation well'
Posted 6 December 2020, 11:44 p.m. Suggest removal
BahamaPundit says...
Get out and go where?
On Economy cannot hit 5k annual new jobs need
Posted 28 November 2020, 10:29 p.m. Suggest removal
BahamaPundit says...
It appears the answer is: there is no answer to The Bahamas' financial crisis. The only ideas that may make sense are: sand harvesting (sell sand to the US and Signapore) and cannabis. Other than these, it's back to a fishing village we go. Food security should also be top of the list, to prepare for the Bahamian dollar crashing. The Government needs to start building shelters for the thousands of newly evicted homeless. 2021 is going to be a rough ride for sure.
On Economy cannot hit 5k annual new jobs need
Posted 28 November 2020, 10:19 p.m. Suggest removal
BahamaPundit says...
I think free speech is important. The key consideration is that The Bahamas Police must train and prepare NOW for civil unrest and how to humanely prevent mob rule, should it occur in the next year due to pandemic hardships. This is a wake up call!
On Munroe: 8,000 police cannot subjugate 400,000 people
Posted 26 November 2020, 5:27 p.m. Suggest removal
BahamaPundit says...
Before, they said they needed foreign workers to do high skilled work. Now, they say Bahamians can't even fish and dive. So, what can Bahamians do? If Bahamians don't believe in Bahamians, who will?
On Fisheries suffers ‘rift’ on non-Bahamian workers
Posted 25 November 2020, 2:47 p.m. Suggest removal
BahamaPundit says...
It's really quite surprising how powerful money is. Almost magical.
On BPC director blasts 'preposterous' action
Posted 19 November 2020, 10:54 p.m. Suggest removal
BahamaPundit says...
It appears every deal entered by our Government is a deal in a deal. There is the outside, public deal that slants highly in favor of the foreign investor and the inside, private deal that wires straight to politicians' and cronies' bank accounts. This deal in deal manner of operating craters the public treasury. No country can sustain such a duplicitous system for long before complete collapse occurs.
On FDI fear on latest S&P downgrade
Posted 14 November 2020, 12:30 a.m. Suggest removal
BahamaPundit says...
There is no logic that I can think of, other than side deals. But, who knows.
On Grand Lucayan 'turn over' before end-20
Posted 14 November 2020, 12:15 a.m. Suggest removal