This has all been in the making for decades with the intent of enabling certain of our corrupt government officials, at the most senior levels, to participate in the brazen theft of a controlling interest in BPL's assets by a crooked and greedy cabal of marauders led by Snake, Anthony Ferguson and Eric Pike.
The Bahamian people get stuck with all the debts of BPL/BEC and exorbitant electricity bills to come, while the crooked cabal of thieves get a clean slate and controlling possession of most of the revenues produced by a utility monopoly vital to our national security interests.
And make no mistake about it, Pintard and his fellow FNM parliamentarians will share responsibility with the corrupt Davis led PLP government for the entire mess to come because of their support of the new electricity legislation that facilitated this outrageous heist of our national assets for mere pennies on the dollar of true value. Pintard should have long ago announced that any future government led by him would immediately unwind this heist of national assets and properly deal with all issues relating to BPL in a fully transparent manner.
You are obviously referring to all of those ridiculous laws and regulations that were put in place as a result of our incompetent parliamentarians genuflecting and kowtowing to the likes of the OECD bureaucrats and other global financial regulators who have imposed on domestic commercial banks in our small nation a huge regulatory cost burden for the purpose of helping them identify and collect taxes due from their own taxpayers.
This is why a Bahamian can open a bank account in any of the OECD countries much faster and with greater ease than he or she can in the Bahamas.
Stumpy PM Davis and our Bone-Headed AG Pinder need to promote and pass new laws and regulations aimed at reducing the excessively high regulatory and other costs incurred by our commercial banks that naturally get passed on to their customers.
A hold also needs to be placed on the ability of foreign controlling shareholders of our commercial banks to repatriate their profits by way of dividends and other distributions until such time that our nation's foreign currency reserves are in a much healthier position to whether a serious downturn in the U.S. or global economy.
These are common sense measures that should be acted on now, and never put off until later!
Blame for government tolerating price gauging properly belongs in the lap of Stumpy Davis as minister of finance because John Rolle and the Central Bank are answerable to him. But the fact of the matter is the Canadian banks know they have our corrupt PM by his short and curlies. Therefore, like Slimy Fwreddy Boy, all Stumpy Davis can do is bloviate to the public on the gauging issue.
Can't help but wonder if Stumpy Davis has been advised by Sweet Lips Fernander to hide out at home until the RBPF can get a handle on the many killings now taking place that have many Bahamians living in fear and has the US government cautioning its citizens about visiting our country.
The mere fact that the very incompetent and useless Hanna-Martin remains minister of education says all there is to say about just how little regard this corrupt Davis led PLP government has for our nation's vitally important public education system. Born into frontline politics from nepotism, she has literally spent decades grossly mismanaging every government responsibility she has ever been tasked with.
You obviously never got to see Poodling's highly confidential political strategy memo, written shortly after independence, on the need for his PLP government to dumb-down the Bahamian people and open our nation's doors to illegal aliens in order retain political power for as long as possible.
And that political strategy of destroying the quality of education and critical thinking skills of Bahamians, in order to create easily manipulated and undiscerning voters, kept Poodling in office as PM for the first 25 years after independence, effectively laying a solid foundation for the continued nurturing by his successors of the utter mess our nation finds itself in today.
As usual, slimy Fwreddy Boy is bloviating hot air, knowing that nothing meaningful will be done to address the matters he speaks of.
Slimy Fwreddy Boy knows full well that RBC and CIBC have the government by the short and curlies. These two banks alone have the power to hold up or stop government payroll from being met simply by reining in a portion of the mega million dollar overdraft facilities they have extended to the Public Treasury/Ministry of Finance, the terms of which have been breached by government over and over again and require ongoing periodic waivers of key restrictive covenants.
And Slimy Fwreddy Boy knows more than most that our minister of finance, namely corrupt PM Davis, does not want to receive any phone calls from senior bank executives in Canada threatening to withhold or reduce vital credit facilities the government uses to meet its bloated payroll.
What's really disappointing here is that the Governor of the Central Bank (John Rolle) continues to allow himself (and his institution) to be used as a convenient punching bag by corrupt politicians who are not the least bit inclined to the fee gauging by commercial banks through the drafting and passing of appropriate legislation and related regulations.
You obviously never got to see Poodling's highly confidential political strategy memo, written shortly after independence, on the need for his PLP government to dumb-down the Bahamian people and open our nation's doors to illegal aliens in order retain political power for as long as possible.
And that political strategy kept Poodling in office as PM for the first 25 years after independence, effectively laying a solid foundation for the continued nurturing by his successors of the utter mess our nation finds itself in today.
ExposedU2C says...
This has all been in the making for decades with the intent of enabling certain of our corrupt government officials, at the most senior levels, to participate in the brazen theft of a controlling interest in BPL's assets by a crooked and greedy cabal of marauders led by Snake, Anthony Ferguson and Eric Pike.
The Bahamian people get stuck with all the debts of BPL/BEC and exorbitant electricity bills to come, while the crooked cabal of thieves get a clean slate and controlling possession of most of the revenues produced by a utility monopoly vital to our national security interests.
And make no mistake about it, Pintard and his fellow FNM parliamentarians will share responsibility with the corrupt Davis led PLP government for the entire mess to come because of their support of the new electricity legislation that facilitated this outrageous heist of our national assets for mere pennies on the dollar of true value. Pintard should have long ago announced that any future government led by him would immediately unwind this heist of national assets and properly deal with all issues relating to BPL in a fully transparent manner.
On BLACKOUT: New Providence hit by power outage as generators trip
Posted 16 August 2024, 3:48 p.m. Suggest removal
ExposedU2C says...
You are obviously referring to all of those ridiculous laws and regulations that were put in place as a result of our incompetent parliamentarians genuflecting and kowtowing to the likes of the OECD bureaucrats and other global financial regulators who have imposed on domestic commercial banks in our small nation a huge regulatory cost burden for the purpose of helping them identify and collect taxes due from their own taxpayers.
This is why a Bahamian can open a bank account in any of the OECD countries much faster and with greater ease than he or she can in the Bahamas.
Stumpy PM Davis and our Bone-Headed AG Pinder need to promote and pass new laws and regulations aimed at reducing the excessively high regulatory and other costs incurred by our commercial banks that naturally get passed on to their customers.
A hold also needs to be placed on the ability of foreign controlling shareholders of our commercial banks to repatriate their profits by way of dividends and other distributions until such time that our nation's foreign currency reserves are in a much healthier position to whether a serious downturn in the U.S. or global economy.
These are common sense measures that should be acted on now, and never put off until later!
On ‘Central Bank must act’ on bank costs
Posted 16 August 2024, 2:47 p.m. Suggest removal
ExposedU2C says...
gouging
On ‘Central Bank must act’ on bank costs
Posted 16 August 2024, 2:36 p.m. Suggest removal
ExposedU2C says...
Blame for government tolerating price gauging properly belongs in the lap of Stumpy Davis as minister of finance because John Rolle and the Central Bank are answerable to him. But the fact of the matter is the Canadian banks know they have our corrupt PM by his short and curlies. Therefore, like Slimy Fwreddy Boy, all Stumpy Davis can do is bloviate to the public on the gauging issue.
On ‘Central Bank must act’ on bank costs
Posted 14 August 2024, 12:44 p.m. Suggest removal
ExposedU2C says...
Can't help but wonder if Stumpy Davis has been advised by Sweet Lips Fernander to hide out at home until the RBPF can get a handle on the many killings now taking place that have many Bahamians living in fear and has the US government cautioning its citizens about visiting our country.
On PM on bed rest for three days, misses Fox Hill day events
Posted 14 August 2024, 12:27 p.m. Suggest removal
ExposedU2C says...
The mere fact that the very incompetent and useless Hanna-Martin remains minister of education says all there is to say about just how little regard this corrupt Davis led PLP government has for our nation's vitally important public education system. Born into frontline politics from nepotism, she has literally spent decades grossly mismanaging every government responsibility she has ever been tasked with.
On ‘School repair work underway on all islands’
Posted 14 August 2024, 12:09 p.m. Suggest removal
ExposedU2C says...
Nothing but old news Rashad........do try give us some new news.
On Minister: Minnis undermining RBPF with comments on probe
Posted 14 August 2024, 11:51 a.m. Suggest removal
ExposedU2C says...
You obviously never got to see Poodling's highly confidential political strategy memo, written shortly after independence, on the need for his PLP government to dumb-down the Bahamian people and open our nation's doors to illegal aliens in order retain political power for as long as possible.
And that political strategy of destroying the quality of education and critical thinking skills of Bahamians, in order to create easily manipulated and undiscerning voters, kept Poodling in office as PM for the first 25 years after independence, effectively laying a solid foundation for the continued nurturing by his successors of the utter mess our nation finds itself in today.
On ‘Central Bank must act’ on bank costs
Posted 14 August 2024, 11:11 a.m. Suggest removal
ExposedU2C says...
As usual, slimy Fwreddy Boy is bloviating hot air, knowing that nothing meaningful will be done to address the matters he speaks of.
Slimy Fwreddy Boy knows full well that RBC and CIBC have the government by the short and curlies. These two banks alone have the power to hold up or stop government payroll from being met simply by reining in a portion of the mega million dollar overdraft facilities they have extended to the Public Treasury/Ministry of Finance, the terms of which have been breached by government over and over again and require ongoing periodic waivers of key restrictive covenants.
And Slimy Fwreddy Boy knows more than most that our minister of finance, namely corrupt PM Davis, does not want to receive any phone calls from senior bank executives in Canada threatening to withhold or reduce vital credit facilities the government uses to meet its bloated payroll.
What's really disappointing here is that the Governor of the Central Bank (John Rolle) continues to allow himself (and his institution) to be used as a convenient punching bag by corrupt politicians who are not the least bit inclined to the fee gauging by commercial banks through the drafting and passing of appropriate legislation and related regulations.
On ‘Central Bank must act’ on bank costs
Posted 14 August 2024, 11:07 a.m. Suggest removal
ExposedU2C says...
You obviously never got to see Poodling's highly confidential political strategy memo, written shortly after independence, on the need for his PLP government to dumb-down the Bahamian people and open our nation's doors to illegal aliens in order retain political power for as long as possible.
And that political strategy kept Poodling in office as PM for the first 25 years after independence, effectively laying a solid foundation for the continued nurturing by his successors of the utter mess our nation finds itself in today.
On Increased fees at CIBC Bahamas
Posted 14 August 2024, 10:51 a.m. Suggest removal