What you see with our Government, if you wish to call them that, is a bunch of men who have maximized their abilities and found wanting on the global stage. These men would be better suited to odd jobs around the house or stocking a supply room, not leading a country. These gentlemen have simply been out classed. The only silly part of the whole affair is that they don't realize it and are content to drag the entire Bahamas down with them to their level of ineptitude.

If only our leaders would just read. A B rating does not refer to a default but a heightened risk of default. A D rating confirms a default has in fact happened. So, merely being slashed to junk bond status does not correlate with a previous default. No wonder we are in such a mess if our leaders can't even google simple research before espousing their views in the media. See the following:

http://mockingbird.creighton.edu/englis…

Because a B rating is the single most common rating found in a junk bond portfolio, Moody's definition of its B rating follows:

Bonds which are rated B generally lack characteristics of the desirable investment. Assurance of interest and principal payments or of maintenance of other terms of the contract over any long period of time may be small.

To resume with Standard & Poor's:

CCC: Debt rated CCC has a currently identifiable vulnerability to default, and is dependent upon favorable business, financial, and economic conditions to meet timely payment of interest and repayment of principal. In the event of adverse business, financial, or economic conditions, it is not likely to have the capacity to pay interest and repay principal.

D: Debt rated D is in payment default.

@Tourist1001 Excellent point. The true heart and soul of this fiasco is not that Baha Mar is too expensive to finish, but the belief that once completed it will just sit empty, as tourists have lost interest in travelling to The Bahamas. This is the real issue!!! Not China, not the PLP, but the fact that The Bahamas has fallen out of favor as a tourist destination for a multitude of reasons unrelated to Baha Mar (crime, lack of culture, nothing to do, expensive, rude citizens). A further nail in the coffin is the opening of Cuba; The Bahamas is now the crackhead cousin cowering in the shadow of its stunning cousin Cuba. If Baha Mar had been built in Cuba, it would have been completed and opened yesterday!!! Market forces trump conspiracy theories ladies and gentlemen.

@Economist. This is not the case in this situation. The constitution distinctly allows for discrimination in relation to marriage (s.24(4)(c)). In this respect, any discrimination (in relation to voiding marriages other than between a man and a woman) under the MCA is constitutionally protected.

Finally, someome with common sense and actual industry know-how speaks up. How refreshing. What a nice break from the ignorant clowns that beat us over the head with giant rubber squeaky bats in Parliament. If only American firms were involved in other projects, such as the roads, BAMSI, and cellular, we might begin to have a functioning country and obtain value for money spent. Alas, US companies are disallowed from making bribes to foreign govenments to procure contracts, so they are not used.

By leaving out a reference to section 22 in the discussion, as to the clear distinction the MCA makes between that which is void from inception to that which is voidable after the fact and only referring to section 20 and 21, it is clear beyond a reasonable doubt that there is a clear and present intent to confuse and intimidate the public by the ruling class.

Read Bahamas. Read. Section 21 of the MCA speaks to void marriages. Section 22 speaks to voidable marriages. It is clear that if a marriage is void, it could not lawfully or effectively be conducted in The Bahamas. Because marriage other than between a male and female is defined as a void marriage, I do not see how anyone could reach the conclusion that it could be legally carried out. I find it frightening that so much reliance is put on the public's refusal to read and research points made that complete fictions are propagated as reality by the ruling class on a daily basis here in The Bahamas.

I would venture to say Independence was the worst mistake The Bahamas ever made. It would be 1,000 times richer and the people 1,000 times better off if it was still a collony, because there would then be a system of accountability and checks and balances.

The key feature that is lacking from campaign finance in The Bahamas is transparency. The amounts given must be gazetted. There should also be a cap of $500,000 from any one doner. Perhaps, of even more importance to our democracy is term limits. A two term maximum must be imposed.

Instead of saying it, just do it. This is election season, a perfect time to enforce the new law. Talk is cheap, especially in The Bahamas.