I have always been an advocate for exchange control to be abolished. It may hinder small businesses but does little to the big companies. When Commonwealth Brewery needs US $, a simple call to the Financial Controller of Atlantis who primarily does business in US$ will allow for the exchange to occur outside the Bahamas. Commonwealth sends a B$ cheque to Atlantis. Atlantis get B$ to to pay its staff and Commonwealth Brewery gets US$ to buy some more hops.Billions of dollars reside outside the Bahamas because of exchange control.
I don't view a downgrade as a bad thing.If money becomes more expensive to borrow then it usually results in less borrowing. Sorry, I take that back, governments have an idiotic way of thinking. These are the same grouping who thought that been able to service a debt (pay the interest) is financially sound.
Its never a good idea for the government to have their hands in anything. Whatever they touch they poison with political considerations. BEC a monopoly can't turn a profit for the same reason.
We are talking about individuals who are most likely guilty been caught with the gun that killed someone. They will be tried in the same system whether for gun possession or murder. The suggestion will help both the accuse and the judiciary by testing the state case against the accuse. If you can't get a gun possession to stick then most likely you will not get a murder charge to stick. It's very important to think before you write so as to prevent a monologue lacking reasonable clarity. The US justice system saw the logic of what was suggested so I assume you view them as silly also.
Well written and fair analysis. It's obvious that the above commentators are totally blinded by their distaste for Dr. Minnis. Anything written is intepreted through the fog of a clouded mind comparable to a drunkard.
Do what the USA does. Charge the person with a lesser crime which goes through the legal system very quickly and then go for the big one later. In our case, charge them with gun possession which most likely will result in them receiving a sentence of about seven years. The attorney general now has seven years to pursue murder charges. Bail becomes a mute point.
DEDDIE says...
I have always been an advocate for exchange control to be abolished. It may hinder small businesses but does little to the big companies. When Commonwealth Brewery needs US $, a simple call to the Financial Controller of Atlantis who primarily does business in US$ will allow for the exchange to occur outside the Bahamas. Commonwealth sends a B$ cheque to Atlantis. Atlantis get B$ to to pay its staff and Commonwealth Brewery gets US$ to buy some more hops.Billions of dollars reside outside the Bahamas because of exchange control.
On BISX: We can help repatriate millions stashed overseas
Posted 15 February 2016, 6:27 p.m. Suggest removal
DEDDIE says...
I don't view a downgrade as a bad thing.If money becomes more expensive to borrow then it usually results in less borrowing. Sorry, I take that back, governments have an idiotic way of thinking. These are the same grouping who thought that been able to service a debt (pay the interest) is financially sound.
On Fiscal numbers alone won’t halt downgrade
Posted 9 February 2016, 5:35 p.m. Suggest removal
DEDDIE says...
A day in fox hill is equivalent to 10 regular prison days
On Seven years in jail for rape and armed robbery
Posted 4 February 2016, 11:12 p.m. Suggest removal
DEDDIE says...
Its never a good idea for the government to have their hands in anything. Whatever they touch they poison with political considerations. BEC a monopoly can't turn a profit for the same reason.
On Gov’t seeks GBPA stake in tax break ‘trade off’
Posted 4 February 2016, 5:57 p.m. Suggest removal
DEDDIE says...
No news here. Everyone and the grandpa knew that the resort was not going to open as projected.
On Govt admits its Baha Mar timetable ‘over-ambitious’
Posted 1 February 2016, 10:01 p.m. Suggest removal
DEDDIE says...
It's amazing how many FNM prefer their party to go up in flames rather than see Minnis lead.
On FNM to vote on holding convention 'no later than November 30'
Posted 30 January 2016, 6:45 p.m. Suggest removal
DEDDIE says...
I hate the fact that I am paying for power in Grand Bahama and for power in Nassau in the form of taxes to subsidized BEC
On Misguided to compare GB Power with BEC
Posted 30 January 2016, 8:56 a.m. Suggest removal
DEDDIE says...
We are talking about individuals who are most likely guilty been caught with the gun that killed someone. They will be tried in the same system whether for gun possession or murder. The suggestion will help both the accuse and the judiciary by testing the state case against the accuse. If you can't get a gun possession to stick then most likely you will not get a murder charge to stick. It's very important to think before you write so as to prevent a monologue lacking reasonable clarity. The US justice system saw the logic of what was suggested so I assume you view them as silly also.
On Call for facts in bail debate
Posted 29 January 2016, 11:01 p.m. Suggest removal
DEDDIE says...
Well written and fair analysis. It's obvious that the above commentators are totally blinded by their distaste for Dr. Minnis. Anything written is intepreted through the fog of a clouded mind comparable to a drunkard.
On A YOUNG MAN'S VIEW: FNM seeks to snatch defeat from the jaws of victory
Posted 29 January 2016, 4:20 p.m. Suggest removal
DEDDIE says...
Do what the USA does. Charge the person with a lesser crime which goes through the legal system very quickly and then go for the big one later. In our case, charge them with gun possession which most likely will result in them receiving a sentence of about seven years. The attorney general now has seven years to pursue murder charges. Bail becomes a mute point.
On Call for facts in bail debate
Posted 29 January 2016, 3:44 p.m. Suggest removal