**Feast on this @birdiestrachan a/k/a the ChiCom controlled robot:**
*We need many more Bahamian engineers and much fewer Bahamian lawyers, especially the kind of lawyers who have little business sense and decide to become politicians make their nests. The elderly among us remember when BEC and batelco were efficiently run, profitable, and customer focused enterprises that were the envy of our region.. Back then these enterprises employed many well educated and trained Bahamians with pride in their work ethic and ability to serve the people.*
*Unfortunately all of that went out the door when SLOP and the PLP hierarchy decided dumbing down successive generations of Bahamians was their only way to preserve political power. Upon obtaining majority rule, SLOP and the PLP hierarchy wasted no time in starving our public education system of the funds and foreign teachers it needed to ensure new Bahamian engineers and other skilled Bahamian workers would eventually exist to replace those who retired.*
*Today we sorely lack well educated and trained Bahamians in many diverse technical fields because so few are willing to accept the type of government interference that goes on at SOEs by clueless lawyers who decided to become politicians to feather their own nests. The fraternity of corrupt politicians is also responsible for the harmful brain drain our country has been experiencing for decades.*
*Too many young Bahamians get an excellent education abroad in the STEM subjects and then decide to live abroad because they simply do not want their careers in their chosen fields interfered with or ended abruptly by corrupt politicians who are clueless about what's best for our nation and seem hell-bent in destroying it for their own personal gain and political survival at any cost.*
*Until we get the crooks out of politics, they and their cronies, both foreign and local, will feast on the PPP model of feeding our SOEs to the local and foreign business vultures who will pry every copper they can from the pockets of Bahamians. Affordable electricity, potable water, communication, etc. are vital to our people, our country's overall productivity, and our national security interests. These types of products and services should not be in the hands of profit hungry people in the private sector who will defeat whatever regulations are put in place to protect the Bahamian public.*
> Senior Carnival Cruise Line executives yesterday said they have been “blown away” by the interest Bahamian bidders have shown in the retail and dining concessions at its new Grand Bahama port.
The successful "bidders" were long ago identified and selected as part of Carnival's big bribe package to get what it wanted from government.
Cash and cheques were intended to put you in complete control of your wealth. Digital payment systems are intended to put the government and the financial institutions licensed by the government in control of your wealth. And it's poorer Bahamians who stand to lose the most from these changes.
Government is at the moment able to take advantage of our exchange control regime and the fact that credit risk in the domestic economy is now so bad that the domestic banks, insurance companies, pension funds, the national insurance fund, and so on, have limited longer term investment and lending opportunities. But this comes at a great cost that manifests itself in weakened balance sheets and diminished earnings of financial institutions, pension funds, etc., accompanied by a debasing of the Bahamian currency and higher inflation. Necessary longer term planning is also seriously jeopardised for both the issuer (the government) and the investors as the long duration debt instruments mature and are replaced with much shorter duration debt instruments.
What was done here is unconstitutional in the same way that corrupt PLP government in the past forgave delinquent student loans for a subset of politically favoured students and their parents. Corrupt PLP governments have a well established track record of robbing Peter to pay Paul because they wrongly believe they have the right to pick the winners and losers in our society.
> However, Office of the Prime Minister Director of Communications Latrae Rahming said yesterday that Mr Davis will address “historical challenges and legacy issues” that plague Bahamians.
Rahming seems unaware that our "historical and legacy issues" are for the most part attributable to decades of incompetence, waste, fraud, and outright theft by corrupt and greedy politicians and their favoured friends that constitute the political ruling class at the highest levels of the PLP organisation.
The current most corrupt and grossly incompetent Davis led PLP government is a continuation of the PLPs failed progressive social and economic policies dating all the way back to SLOP that have brought the vast majority of the Bahamian people to their knees with little hope if any of a better tomorrow.
ExposedU2C says...
**Feast on this @birdiestrachan a/k/a the ChiCom controlled robot:**
*We need many more Bahamian engineers and much fewer Bahamian lawyers, especially the kind of lawyers who have little business sense and decide to become politicians make their nests. The elderly among us remember when BEC and batelco were efficiently run, profitable, and customer focused enterprises that were the envy of our region.. Back then these enterprises employed many well educated and trained Bahamians with pride in their work ethic and ability to serve the people.*
*Unfortunately all of that went out the door when SLOP and the PLP hierarchy decided dumbing down successive generations of Bahamians was their only way to preserve political power. Upon obtaining majority rule, SLOP and the PLP hierarchy wasted no time in starving our public education system of the funds and foreign teachers it needed to ensure new Bahamian engineers and other skilled Bahamian workers would eventually exist to replace those who retired.*
*Today we sorely lack well educated and trained Bahamians in many diverse technical fields because so few are willing to accept the type of government interference that goes on at SOEs by clueless lawyers who decided to become politicians to feather their own nests. The fraternity of corrupt politicians is also responsible for the harmful brain drain our country has been experiencing for decades.*
*Too many young Bahamians get an excellent education abroad in the STEM subjects and then decide to live abroad because they simply do not want their careers in their chosen fields interfered with or ended abruptly by corrupt politicians who are clueless about what's best for our nation and seem hell-bent in destroying it for their own personal gain and political survival at any cost.*
*Until we get the crooks out of politics, they and their cronies, both foreign and local, will feast on the PPP model of feeding our SOEs to the local and foreign business vultures who will pry every copper they can from the pockets of Bahamians. Affordable electricity, potable water, communication, etc. are vital to our people, our country's overall productivity, and our national security interests. These types of products and services should not be in the hands of profit hungry people in the private sector who will defeat whatever regulations are put in place to protect the Bahamian public.*
On ‘Cut taxes’ plea from business
Posted 28 May 2024, 8:30 p.m. Suggest removal
ExposedU2C says...
zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz........................
On ‘Cut taxes’ plea from business
Posted 28 May 2024, 8:23 p.m. Suggest removal
ExposedU2C says...
> Senior Carnival Cruise Line executives yesterday said they have been “blown away” by the interest Bahamian bidders have shown in the retail and dining concessions at its new Grand Bahama port.
The successful "bidders" were long ago identified and selected as part of Carnival's big bribe package to get what it wanted from government.
On Carnival ‘blown away’ by GB cruise port interest
Posted 28 May 2024, 8:19 p.m. Suggest removal
ExposedU2C says...
Cash and cheques were intended to put you in complete control of your wealth. Digital payment systems are intended to put the government and the financial institutions licensed by the government in control of your wealth. And it's poorer Bahamians who stand to lose the most from these changes.
On Central Bank teams with private sector for digital payments drive
Posted 28 May 2024, 8:12 p.m. Suggest removal
ExposedU2C says...
LMAO
On PM demands OECD, EU join global tax treaty talks
Posted 28 May 2024, 7:48 p.m. Suggest removal
ExposedU2C says...
Government is at the moment able to take advantage of our exchange control regime and the fact that credit risk in the domestic economy is now so bad that the domestic banks, insurance companies, pension funds, the national insurance fund, and so on, have limited longer term investment and lending opportunities. But this comes at a great cost that manifests itself in weakened balance sheets and diminished earnings of financial institutions, pension funds, etc., accompanied by a debasing of the Bahamian currency and higher inflation. Necessary longer term planning is also seriously jeopardised for both the issuer (the government) and the investors as the long duration debt instruments mature and are replaced with much shorter duration debt instruments.
On Long-term Gov’t paper recovery two years out - but no bad thing
Posted 28 May 2024, 7:39 p.m. Suggest removal
ExposedU2C says...
Yes, but let's not foolishly forget that the most sinister and evil existential threat to The Bahamas and many other nations today is the ChiComs.
On ‘No more than five’ RBDF officers going to Haiti
Posted 28 May 2024, 6:41 p.m. Suggest removal
ExposedU2C says...
Amen!
On Airline ticket change fees waived for UB graduation
Posted 28 May 2024, 6:35 p.m. Suggest removal
ExposedU2C says...
What was done here is unconstitutional in the same way that corrupt PLP government in the past forgave delinquent student loans for a subset of politically favoured students and their parents. Corrupt PLP governments have a well established track record of robbing Peter to pay Paul because they wrongly believe they have the right to pick the winners and losers in our society.
On Airline ticket change fees waived for UB graduation
Posted 28 May 2024, 6:34 p.m. Suggest removal
ExposedU2C says...
> However, Office of the Prime Minister Director of Communications Latrae Rahming said yesterday that Mr Davis will address “historical challenges and legacy issues” that plague Bahamians.
Rahming seems unaware that our "historical and legacy issues" are for the most part attributable to decades of incompetence, waste, fraud, and outright theft by corrupt and greedy politicians and their favoured friends that constitute the political ruling class at the highest levels of the PLP organisation.
The current most corrupt and grossly incompetent Davis led PLP government is a continuation of the PLPs failed progressive social and economic policies dating all the way back to SLOP that have brought the vast majority of the Bahamian people to their knees with little hope if any of a better tomorrow.
On ‘Cut taxes’ plea from business
Posted 28 May 2024, 6:12 p.m. Suggest removal