I can only envy you for being among the many blissfully ignorant. What's truly scary is that so few of us are able to connect all the right dots in order to see the much bigger picture. And, frankly, the ability to see the bigger picture is more often than not a frightening curse rather than a blessing.
And to think the insatiably greedy and corrupt Franky Wilson a/k/a Snake and his cronies in government get a generous piece of the financial action from BPL's leasing of all those Aggreko generators shown in the photo to this article.
No amount of money could ever be worth what this poor man had to endure in our prison system which is considered among one of the worst in the world today.
Only the very incompetent Hartnell can write such a long-winded article about government borrowings with no mention whatsoever of the cost (interest rates) on the borrowings. LMAO
What Messrs. Anderson and Bowe may not know is that the IMF and other international lending agencies are already having very high level discussions, with no involvement yet of PM Davis and other high ranking officials at the MOF and Central Bank, about The Bahamas potentially being an ideal candidate for "The 2013 Cyprus Debt Crisis Solution."
On 25 March 2013, a €10 billion international bailout by the International Monetary Fund (IMF) and other international lending agencies was announced in return for the government of Cyprus agreeing to, among other things, impose a whopping one-time bank deposit levy on all uninsured deposits in Cyprus, both local and foreign. This resulted in the Cypriot government seizing around 48% of the uninsured deposits in the Bank of Cyprus (the island's largest commercial bank).
The contractual rights and obligations that up to now have applied to customer deposits placed with financial institutions, including branches of foreign financial enterprises, domiciled/licensed in The Bahamas may well not be inviolate under the terms and conditions of an IMF engineered emergency financial crisis that the Bahamian government is forced or otherwise coerced to declare. just let that horrifying thought weigh on your mind for a while.
Government creates all sorts of ridiculous and unnecessary licensing requirements for three main purposes:
1) To derive loads of fee income a/k/a tax revenue by picking the pockets of Bahamians and their private sector businesses;
2) To promote crony capitalism by cherry picking which private sector businesses are to be the 'licensed' winners and 'unlicensed' losers in our society; and
3) To reward the wealthy financial backers of election campaigns and, whenever possible, buy large numbers of votes.
ExposedU2C says...
This comment was removed by the site staff for violation of the usage agreement.
On MARITAL RAPE LAW ‘HARMS OUR SONS’
Posted 6 July 2023, 1:18 p.m.
ExposedU2C says...
Not sure what your point is given that most governments in the world today overtly and covertly oppress rather than serve 'their' people.
On Munroe: Bahari has no permit for National symbols use
Posted 6 July 2023, 1:14 p.m. Suggest removal
ExposedU2C says...
Consistent with their hideous and evil agenda, they will one way or another get their pound of flesh from each and every one of us.
On ‘No choice’ but to go Bahamian
Posted 6 July 2023, 1:06 p.m. Suggest removal
ExposedU2C says...
I can only envy you for being among the many blissfully ignorant. What's truly scary is that so few of us are able to connect all the right dots in order to see the much bigger picture. And, frankly, the ability to see the bigger picture is more often than not a frightening curse rather than a blessing.
On ‘No choice’ but to go Bahamian
Posted 5 July 2023, 4:46 p.m. Suggest removal
ExposedU2C says...
And to think the insatiably greedy and corrupt Franky Wilson a/k/a Snake and his cronies in government get a generous piece of the financial action from BPL's leasing of all those Aggreko generators shown in the photo to this article.
On Bannister blames PLP neglect for BPL woes
Posted 5 July 2023, 2:44 p.m. Suggest removal
ExposedU2C says...
No amount of money could ever be worth what this poor man had to endure in our prison system which is considered among one of the worst in the world today.
On Man jailed unlawfully for eight years dies aged 59
Posted 5 July 2023, 2:33 p.m. Suggest removal
ExposedU2C says...
Only the very incompetent Hartnell can write such a long-winded article about government borrowings with no mention whatsoever of the cost (interest rates) on the borrowings. LMAO
On Reserves hit $2.9bn on Gov’t borrowing boost
Posted 5 July 2023, 2:26 p.m. Suggest removal
ExposedU2C says...
Kendrick's head is where it has always been......stuck way down there in the weeds with no chance of ever seeing the trees, much less the forest.
On Inland Revenue must be a ‘well oiled machine’ for corporate tax
Posted 5 July 2023, 2:22 p.m. Suggest removal
ExposedU2C says...
What Messrs. Anderson and Bowe may not know is that the IMF and other international lending agencies are already having very high level discussions, with no involvement yet of PM Davis and other high ranking officials at the MOF and Central Bank, about The Bahamas potentially being an ideal candidate for "The 2013 Cyprus Debt Crisis Solution."
On 25 March 2013, a €10 billion international bailout by the International Monetary Fund (IMF) and other international lending agencies was announced in return for the government of Cyprus agreeing to, among other things, impose a whopping one-time bank deposit levy on all uninsured deposits in Cyprus, both local and foreign. This resulted in the Cypriot government seizing around 48% of the uninsured deposits in the Bank of Cyprus (the island's largest commercial bank).
The contractual rights and obligations that up to now have applied to customer deposits placed with financial institutions, including branches of foreign financial enterprises, domiciled/licensed in The Bahamas may well not be inviolate under the terms and conditions of an IMF engineered emergency financial crisis that the Bahamian government is forced or otherwise coerced to declare. just let that horrifying thought weigh on your mind for a while.
On ‘No choice’ but to go Bahamian
Posted 5 July 2023, 2:17 p.m. Suggest removal
ExposedU2C says...
Government creates all sorts of ridiculous and unnecessary licensing requirements for three main purposes:
1) To derive loads of fee income a/k/a tax revenue by picking the pockets of Bahamians and their private sector businesses;
2) To promote crony capitalism by cherry picking which private sector businesses are to be the 'licensed' winners and 'unlicensed' losers in our society; and
3) To reward the wealthy financial backers of election campaigns and, whenever possible, buy large numbers of votes.
On Munroe: Bahari has no permit for National symbols use
Posted 5 July 2023, 12:55 p.m. Suggest removal