Something seems terribly amiss with these unexpected financial results given the deepening economic malaise of the domestic economy over the past year or so and CB's unusually high exposure to investments in short duration debt securities issued or guaranteed by the government.
Too big to fail only works for a short while as it assumes the government would be willing and able to continue debasing the Bahamian dollar by increasing the local money supply and driving domestic inflation through the roof.
I suspect PM Davis has been told by several prominent Bahamian KCs that dumbo AG Pinder is in way over his head and that the handful of our country's more competent KCs probably all have real or potential conflicts of interest in representing government, recognising that its mega million dollar claim against the GBPA is based in large part on the report PWC was commissioned to prepare.
You flatter yourself. I suspect many of us don't even try to decipher your convoluted posts aimed at trying to entertain rather than enlighten. But it's certainly your right and privilege to mumbo-jumbo away as you usually do on this website.
The legal team representing the GBPA will no doubt be looking into any possible harmful role the PWC accountants may have played in this matter to the extent their report may in some way be materially biased or factually incorrect for whatever reason.
This arrogant, nasty, evil and cruel monster has absolutely no shame or remorse for the thousands of people in our country who lost their lives as a result of his gross incompetence and tyrannical decisions made during the immediate aftermath of Hurricane Dorian and during the height of the COVID-19 pandemic. Minnis has more blood on his hands than any other Bahamian in the history of our country and exhibits all the symptoms of a seriously bi-polared demon who may as well have satanic horns protruding from his head.
Bottomline: The corrupt Davis led PLP government has put itself and our country in such a dire financial predicament that it cannot stop using ever increasing national insurance contributions made by private sector participants to fund its continuing deficit spending while trying to avoid defaulting on our nation's national debt and civil servant pension entitlements.
History has proven time and time again that corrupt governments dependent on growing the public sector to buy votes and stay in power always create a welfare state that is destined to become a failed state.
The U.S. government has absolutely no position or standing whatsoever to tell the government of The Bahamas and the Bahamian people that the The Constitution of the Commonwealth of The Bahamas must be amended to allow for the right to obtain Bahamian citizenship to fully conform to the wishes of the U.S. government.
Can you imagine any situation in which our government would have the temerity, audacity and gall to tell the U.S. government who should or should not be allowed to obtain U.S. citizenship under the citizenship provisions of the U.S. Constitution???!!!
And this matter has nothing to do with Davis's absurd refusal to amend our statute law to specifically criminalise marital rape.
ExposedU2C says...
Mitchell belongs in Haiti.
On Mitchell hits back at Minnis over deploying RBDF to Haiti
Posted 30 April 2024, 4:50 p.m. Suggest removal
ExposedU2C says...
Something seems terribly amiss with these unexpected financial results given the deepening economic malaise of the domestic economy over the past year or so and CB's unusually high exposure to investments in short duration debt securities issued or guaranteed by the government.
Too big to fail only works for a short while as it assumes the government would be willing and able to continue debasing the Bahamian dollar by increasing the local money supply and driving domestic inflation through the roof.
On Commonwealth hails $63.5m profit amid 91% claw back fall
Posted 29 April 2024, 4:14 p.m. Suggest removal
ExposedU2C says...
I suspect PM Davis has been told by several prominent Bahamian KCs that dumbo AG Pinder is in way over his head and that the handful of our country's more competent KCs probably all have real or potential conflicts of interest in representing government, recognising that its mega million dollar claim against the GBPA is based in large part on the report PWC was commissioned to prepare.
On GBPA braces for govt to launch arbitration
Posted 29 April 2024, 3:31 p.m. Suggest removal
ExposedU2C says...
You flatter yourself. I suspect many of us don't even try to decipher your convoluted posts aimed at trying to entertain rather than enlighten. But it's certainly your right and privilege to mumbo-jumbo away as you usually do on this website.
On FNM names date for convention
Posted 29 April 2024, 10:16 a.m. Suggest removal
ExposedU2C says...
The legal team representing the GBPA will no doubt be looking into any possible harmful role the PWC accountants may have played in this matter to the extent their report may in some way be materially biased or factually incorrect for whatever reason.
On GBPA braces for govt to launch arbitration
Posted 29 April 2024, 9:47 a.m. Suggest removal
ExposedU2C says...
This arrogant, nasty, evil and cruel monster has absolutely no shame or remorse for the thousands of people in our country who lost their lives as a result of his gross incompetence and tyrannical decisions made during the immediate aftermath of Hurricane Dorian and during the height of the COVID-19 pandemic. Minnis has more blood on his hands than any other Bahamian in the history of our country and exhibits all the symptoms of a seriously bi-polared demon who may as well have satanic horns protruding from his head.
On Minnis: The nation will know if I run
Posted 29 April 2024, 9:28 a.m. Suggest removal
ExposedU2C says...
Bottomline:
The corrupt Davis led PLP government has put itself and our country in such a dire financial predicament that it cannot stop using ever increasing national insurance contributions made by private sector participants to fund its continuing deficit spending while trying to avoid defaulting on our nation's national debt and civil servant pension entitlements.
History has proven time and time again that corrupt governments dependent on growing the public sector to buy votes and stay in power always create a welfare state that is destined to become a failed state.
On NIB deficit ‘cut by 61%’ after rate hike
Posted 27 April 2024, 5:53 p.m. Suggest removal
ExposedU2C says...
Bingo!
On NIB deficit ‘cut by 61%’ after rate hike
Posted 27 April 2024, 5:36 p.m. Suggest removal
ExposedU2C says...
Only a business news editor as incompetent as Neil Hartnell could write such a convoluted article. LOL
On Sarkis wins bid to take Baha Mar fraud claim to trial
Posted 27 April 2024, 5:35 p.m. Suggest removal
ExposedU2C says...
Let's be unequivocally clear here:
The U.S. government has absolutely no position or standing whatsoever to tell the government of The Bahamas and the Bahamian people that the The Constitution of the Commonwealth of The Bahamas must be amended to allow for the right to obtain Bahamian citizenship to fully conform to the wishes of the U.S. government.
Can you imagine any situation in which our government would have the temerity, audacity and gall to tell the U.S. government who should or should not be allowed to obtain U.S. citizenship under the citizenship provisions of the U.S. Constitution???!!!
And this matter has nothing to do with Davis's absurd refusal to amend our statute law to specifically criminalise marital rape.
On PM: Women not equal? ‘y’all ruling us, man'
Posted 27 April 2024, 5:14 p.m. Suggest removal