Marcus, if you are correct, either most of the island will leave or there will be a civil war. No one in their right mind can stomach five more years of Christie. Most people would rather die than live another term under PLP rule.

Not sure what you mean John. Sarkis should probably sue the government of the Bahamas for theft of some kind and the Chinese for fraud. What process are you referring to?

I agree John. There must be something Sarkis can do in the Courts to protect his interest, rather than always coming crying to the Press. At least the Privy Council would not be corrupt.

This is a good point. The chapter 11 bankruptcy, no matter how financially costly and time consuming, would have been preferable to handing over Bahamas sovereignty to the Chinese. The Chinese know more about our country (Baha Mar ownership) than we do. The only persons who should vote PLP in the oncoming election should be Chinese, for they are the only ones who have received proper representatiin from Mr. Christie. They are his citizens, his chosen people; we Bahamians have been left in the dark.

Another day, another 24 hours of silence. Wow. I guess the PLP have found their secret weapon -- say nothing at all. Meanwhile, the country sinks lower and lower in the mire of international opinion. Ease of doing business -- gone. Moodys -- gone. Financial services -- gone. Tourism -- on the way out...

Follow the money Bahamas. If the PM is silent, follow the money. People do things for one reason: money. Now, one way to prosper from the Baha Mar fiasco would be for your, hypothetical, AG's Law Firm to represent Perfect Luck. Then charge Perfect Luck 40 million in legal fees for purchasing the property. Because you have removed 200 million in stamp tax, Perfect Luck has no problem paying 40 million in legal fees. Then you split the money with your AG. Each takes home 20 million and is happy. This is a hypothetical situation used to illustrate why secrecy should not be tolerated by a democracy.

No. I believe the mortgagor has the right of sale only. If he wants to purchase the property himself, he has to pay stamp tax. The Revolution got it wrong today. Stamp tax should have been paid if the Exim Bank became the beneficial owner of the property and replaced Sarkis.

The way these things go down is the Government agrees to not charge stamp tax, but the entity pays twenty million in legal fees. Thus, they encourage the transaction to proceed but the public treasury is robbed - the public money goes to legal fees. This is a type of money laundering and a reason why no government should be able to forgive stamp tax, because it encourages corruption. Further, how do we know that a PLP MP is not now an owner or shareholder of Baha Mar. Again, secrecy encourages corruption and should be avoided.

When I heard PM speaking about safeguards on the radio, I turned it off in disgust. Does he really think we are that stupid. Are we that stupid? This man is making me feel like a fool each and every day I live under his rule. His words are now so infuriating to me. If other Bahamians are happy with this mess, then maybe I should just leave. It really has become intollerable.

What Urban Renewal got to do with the hurricane? Boy, if I ever tell God what 150 million dollars turns men into, he wont believe what happened to his creation. You can imagine the glee in the PM's eyes, when he heard the loan had been approved. The PLP has helped me understand slavery better. I now know how Africans sold their own people into chains, because it's happening again right here in The Bahamas.