Very simple to explain: Minnis and the FNM negotiated a terrible deal, a give away of crown land to foreigners, Davis negotiated a deal to empower Bahamians (1% to national fund and most importantly Bahamian ownership of 49% equity). This should be the template for all FDI projects going forward.
Have a little more faith in humanity. Try to think the best of your fellow Bahamians instead of always assuming the worst. Hard to thrive wallowing in cynicism. As for Toby none of the crown land he has been seeking is involved in the RCL deal. I wish him as all Bahamians nothing but the best but it far better for thousands of Bahamians (as potentially in RCL deal) to become shareholders than for just one person to benefit and have it all.
What more do you want government to do, buy the shares for you too? Opportunity is there, save and invest. If 12,000 Bahamians did it for the Arawak port they could do it for this offering. The reality is many Bahamians spend a large part of their discretionary income on gambling. Hard to save to invest if you just giving it to the numbers man.
Does your cynicism know no bounds? What makes you think Mr. Maura does not genuinely want tourists to experience the real Bahamas outside the port? You think you love the Bahamas more than him? 90% of the Port’s revenue comes from a passenger facility fee whether or not not they even disembark from the ship. Other revenue ( restaurants, shops etc) is as they say in New Orleans, lagniappe, the cream on top if you will. The port is a slam dunk investment winner on the port fee alone. So I don’t doubt for one moment he is genuine and wants happy tourists who explore new providence and spend more money. It’s good business for the port and good for the Bahamas.
Not a few, many. Opportunity is there take advantage of it and stop distorting and whining. The Arawak port is a great example with over 12,000 Bahamian shareholders, they all found at least $1000 to invest. Could be the same with RCL offering. Wake up, stop wasting your money on numbers and invest in the Bahamas!
Boy these Bahamians make me laugh. They never miss an opportunity to miss an opportunity. Keep this same attitude and when the 49% equity in this money maker is offered to all Bahamians ( like the Nassau cruise port offering) take a pass and leave more for me and the other Bahamians who have sense and want to take part in the wealth creation of our bahamaland😉
My understanding is that the land will be sold, hence Bahamians owning 49%. Seems much better than the 150 year lease with only peanuts annual fee Minnis had negotiated. PLP deserve credit on this one. Should be a share offering offered to all Bahamians and filled from the bottom up.
We have a failed judicial system in the Bahamas. Everyone knows this particularly the family of murder victims. So street justice rectifies this problem and exacts justice in a final brutal way. It’s not perfect but it probably prevents a great many murders too. It may even be a net benefit for society, removing hardened killers from the street when the court refuses to do so.
DonAnthony says...
Very simple to explain: Minnis and the FNM negotiated a terrible deal, a give away of crown land to foreigners, Davis negotiated a deal to empower Bahamians (1% to national fund and most importantly Bahamian ownership of 49% equity). This should be the template for all FDI projects going forward.
On ‘PM MUST EXPLAIN U-TURN OVER RCI’: Pintard wants PM to be ‘complete and frank’ on the sudden change
Posted 14 March 2023, 8:44 a.m. Suggest removal
DonAnthony says...
Have a little more faith in humanity. Try to think the best of your fellow Bahamians instead of always assuming the worst. Hard to thrive wallowing in cynicism. As for Toby none of the crown land he has been seeking is involved in the RCL deal. I wish him as all Bahamians nothing but the best but it far better for thousands of Bahamians (as potentially in RCL deal) to become shareholders than for just one person to benefit and have it all.
On ‘Absolutely not worried’ by Royal Caribbean’s PI plan
Posted 13 March 2023, 8:31 p.m. Suggest removal
DonAnthony says...
What more do you want government to do, buy the shares for you too? Opportunity is there, save and invest. If 12,000 Bahamians did it for the Arawak port they could do it for this offering. The reality is many Bahamians spend a large part of their discretionary income on gambling. Hard to save to invest if you just giving it to the numbers man.
On ‘Absolutely not worried’ by Royal Caribbean’s PI plan
Posted 13 March 2023, 7:59 p.m. Suggest removal
DonAnthony says...
Does your cynicism know no bounds? What makes you think Mr. Maura does not genuinely want tourists to experience the real Bahamas outside the port? You think you love the Bahamas more than him? 90% of the Port’s revenue comes from a passenger facility fee whether or not not they even disembark from the ship. Other revenue ( restaurants, shops etc) is as they say in New Orleans, lagniappe, the cream on top if you will. The port is a slam dunk investment winner on the port fee alone. So I don’t doubt for one moment he is genuine and wants happy tourists who explore new providence and spend more money. It’s good business for the port and good for the Bahamas.
On ‘Absolutely not worried’ by Royal Caribbean’s PI plan
Posted 13 March 2023, 4:35 p.m. Suggest removal
DonAnthony says...
Not a few, many. Opportunity is there take advantage of it and stop distorting and whining. The Arawak port is a great example with over 12,000 Bahamian shareholders, they all found at least $1000 to invest. Could be the same with RCL offering. Wake up, stop wasting your money on numbers and invest in the Bahamas!
On ‘Absolutely not worried’ by Royal Caribbean’s PI plan
Posted 13 March 2023, 4:18 p.m. Suggest removal
DonAnthony says...
Boy these Bahamians make me laugh. They never miss an opportunity to miss an opportunity. Keep this same attitude and when the 49% equity in this money maker is offered to all Bahamians ( like the Nassau cruise port offering) take a pass and leave more for me and the other Bahamians who have sense and want to take part in the wealth creation of our bahamaland😉
On ‘Absolutely not worried’ by Royal Caribbean’s PI plan
Posted 13 March 2023, 11:46 a.m. Suggest removal
DonAnthony says...
Amen. Minnis was an unmitigated disaster, no way I can vote FNM if he is leader.
On Supporters of Minnis in echo chamber
Posted 9 March 2023, 4:32 p.m. Suggest removal
DonAnthony says...
My understanding is that the land will be sold, hence Bahamians owning 49%. Seems much better than the 150 year lease with only peanuts annual fee Minnis had negotiated. PLP deserve credit on this one. Should be a share offering offered to all Bahamians and filled from the bottom up.
On Darville on RCI PI deal, fears there will be ‘nothing left’ for Bahamians
Posted 9 March 2023, 4:19 p.m. Suggest removal
DonAnthony says...
49% will be owned by Bahamians, what does Mr. Darville expect?
On Darville on RCI PI deal, fears there will be ‘nothing left’ for Bahamians
Posted 9 March 2023, 4:03 p.m. Suggest removal
DonAnthony says...
We have a failed judicial system in the Bahamas. Everyone knows this particularly the family of murder victims. So street justice rectifies this problem and exacts justice in a final brutal way. It’s not perfect but it probably prevents a great many murders too. It may even be a net benefit for society, removing hardened killers from the street when the court refuses to do so.
On Munroe: ‘Unacceptable’ someone on six murder charges to be out on bail
Posted 8 March 2023, 4 p.m. Suggest removal