Does anyone know what they are holding them for? They did not commit any crime did they?
Even if they agreed to do a hit, they did not carry it out. The agreement is an illegal contract and an illegal contract is unenforceable. There is no crime known as an illegal contract crime.
Even better a Corporate Income Tax of 15% or 20% on profits over $5 million or $10 million. Enter into a Double Taxation Treaty with the US, Canada, UK etc. When a foreign company makes a profit here it will at least pay us rather than the home country.
Why should the US Government get 35% of the profit made in The Bahamas and The Bahamas get nothing? We would get 15% or 20% and the US the remaining 20% or 15%.
It seems to me that **he has no case**, nor does he have any real evidence. If he did he would have only sued those that he needed to. This sue everyone means he is on, what they call, a fishing expedition.
Birdie, the death of our financial services has been a long one.
You need to go back to the early seventies when we allowed Robert Vesco to set up a bank. We got much bad publicity for harbouring someone who had ripped off a $100 million fund called IOS.
The during that decade we ran the Captive Insurance Industry out of the country.
In the eighties our banks were allowed to deposit large sums of drug money and got a very bad reputation for drugs. Read the Commission of Inquiry to get a flavour.
For the next 30 years we continued to employ incompetent people in the Banks Supervision Department of the Central Bank. They failed to do proper inspections and in one case allowed the accountant for a Trust Company to also do the audit. Oh, did I say that a notorious Drug Lord from Columbia ran over $10 million through that same Trust Company.
By 2000 the rest of the world was correct in saying that we were out of control.
It has taken us 45 years but I think that we have finally killed the one industry that paid Bahamians good salaries.
With all due respect to Maurice Moore, he is a has been with old ideas.
What do the youth of the party say?
They are our future and we need to start to listen to them. Yes, there will be one or two young hot heads BUT many of the young are better educated than we are and have new, fresh and innovative ideas.
Economist says...
Good article.
LBT would be a much better choice for FNM Leader.
In her budget speech, last year she reflected on the number of young people that she had on her team.
On A YOUNG MAN'S VIEW: Election outlook appears bleak for the FNM
Posted 31 March 2016, 9:17 p.m. Suggest removal
Economist says...
With Minnis as leader the FNM will loose again. Bran and his Green Machine must be waiting to pounce.
On Calls for early FNM convention
Posted 31 March 2016, 8:50 p.m. Suggest removal
Economist says...
After the, then government, engineered the closure of Bahamas Airways, Eddie Albury's "Out Island Airways did an excellent job of filling the void.
Yes there were two other airlines, Flamingo and Colony neither of which were reliable or properly run (always late and down for mechanical problems.
He managed to run a real airline in a very difficult political climate.
On Former Bahamasair pilot pays tribute to aviation pioneer Edward Franklin Albury Sr
Posted 31 March 2016, 8:47 p.m. Suggest removal
Economist says...
Glad to see that the PLP's promise, in 2012,to reduce the crime is being so effective.
On UPDATED: Two men shot dead by police
Posted 31 March 2016, 8:26 p.m. Suggest removal
Economist says...
Does anyone know what they are holding them for? They did not commit any crime did they?
Even if they agreed to do a hit, they did not carry it out. The agreement is an illegal contract and an illegal contract is unenforceable. There is no crime known as an illegal contract crime.
On 'Toggie' and 'Bobo' in police custody
Posted 31 March 2016, 4:55 p.m. Suggest removal
Economist says...
Even better a Corporate Income Tax of 15% or 20% on profits over $5 million or $10 million. Enter into a Double Taxation Treaty with the US, Canada, UK etc. When a foreign company makes a profit here it will at least pay us rather than the home country.
Why should the US Government get 35% of the profit made in The Bahamas and The Bahamas get nothing? We would get 15% or 20% and the US the remaining 20% or 15%.
On Rivals slam ‘pie in sky’ FNM VAT exemptions
Posted 31 March 2016, 4:51 p.m. Suggest removal
Economist says...
Will someone please shut Minnis up. As difficult as it is to believe, he is turning out to be worse than the PLP.
On Rivals slam ‘pie in sky’ FNM VAT exemptions
Posted 31 March 2016, 4:10 p.m. Suggest removal
Economist says...
It seems to me that **he has no case**, nor does he have any real evidence. If he did he would have only sued those that he needed to.
This sue everyone means he is on, what they call, a fishing expedition.
On Nygard sues The Tribune, FNM members and more
Posted 31 March 2016, 8:25 a.m. Suggest removal
Economist says...
Birdie, the death of our financial services has been a long one.
You need to go back to the early seventies when we allowed Robert Vesco to set up a bank. We got much bad publicity for harbouring someone who had ripped off a $100 million fund called IOS.
The during that decade we ran the Captive Insurance Industry out of the country.
In the eighties our banks were allowed to deposit large sums of drug money and got a very bad reputation for drugs. Read the Commission of Inquiry to get a flavour.
For the next 30 years we continued to employ incompetent people in the Banks Supervision Department of the Central Bank. They failed to do proper inspections and in one case allowed the accountant for a Trust Company to also do the audit. Oh, did I say that a notorious Drug Lord from Columbia ran over $10 million through that same Trust Company.
By 2000 the rest of the world was correct in saying that we were out of control.
It has taken us 45 years but I think that we have finally killed the one industry that paid Bahamians good salaries.
On Financial services ‘burial’ fears over e-mail leaking
Posted 30 March 2016, 2:52 p.m. Suggest removal
Economist says...
With all due respect to Maurice Moore, he is a has been with old ideas.
What do the youth of the party say?
They are our future and we need to start to listen to them. Yes, there will be one or two young hot heads BUT many of the young are better educated than we are and have new, fresh and innovative ideas.
Just what the FNM and the Country needs.
On FNM founder backs Minnis
Posted 30 March 2016, 2:39 p.m. Suggest removal