Looks like our politicians and other members of the ruling political elite are about to encounter a fork in the road forward for our nation. Hopefully they choose food and tourists from the US as opposed to continued corrupt dealings with the sinister and evil ChiComs. We should be taking steps to resume diplomatic ties with Taiwan ....... that alone should be sufficient to get the ChiComs to flee our country. The debt trap the ChiComs set up for our nation will need to be unwound with the assistance of the US.
The Prime Minister's Office has obviously forgotten that Moody's, S&P and Fitch played instrumental roles in exacerbating the severity of the Global Great Recession of 2008/9 by giving bogus good credit ratings to all sorts of debt instruments and their derivatives, including mortgage-backed securities, CDOs, sovereign bonds, etc., a great portion of which proved to be as worthless as toilet paper. Remember too, that these credit rating agencies are not really independent in as much as they are for-profit businesses compensated by the issuers of the debt instruments they are requested to rate.
Our national debt including pension fund entitlements now stands at a whopping $14,000,000,000 (fourteen billion dollars). Assuming the total Bahamian workforce consists of about 150,000 workers (including many non-productive government workers), dividing $14,000,000,000 by 150,000 equals $93,333. This means every single Bahamian worker, no matter how productive or unproductive they may be, has $93,333 of government debt on their head. And we all know most Bahamian workers are financially strapped and will never ever be able to repay that amount in their lifetime.
More importantly though, our PM may not even know or appreciate that one of the first things President Trump did on becoming president was declare by executive order a national state of emergency because of the threat to US national security of both the illegal alien crisis and the unsustainable debt situation of the US. This enabled President Trump to implement tariffs on other nations without the need to seek approval from the US Congress to do so. And just think, unlike the mighty US, our small nation has few options if any to deal with its unsustainable debt situation. We should be asking ourselves how much does The Bahamas pay each year in service fees and out-of-pocket costs to have Moody's rate the external debt issued or rolled-over by our government.
Both Darville and Davis have absolutely no conscience. People who find themselves urgently needing emergency medical care are literally dying as a result of the incompetence and gross negligence of these two bumbling buffoons.
This decision only relates to the civil side of the case heard by the US courts.
Certain Bahamians might wish to acquaint themselves with the US Federal Rules of Criminal Procedure, specifically Rule 6 as it relates to sealed indictments arising from a Grand Jury proceeding.
Laws are only 'enforced' in our country when our corrupt government or a corrupt government official and their greedy cronies want to take something of yours away from you.
And Bahamians are completely ignorant of the extremely harmful impact that all of these lithium battery powered vehicles are having on our global environment, both when the EVs are manufactured and when they, with their 'expired' lithium batteries, find their final resting place at a public dump or land fill.
Japan has been dumping older EVs that can no longer be sold in Japan on lesser developed countries for the last two decades and I suspect the ones made in Mexico will soon be exacerbating this big problem for our small country.
LOL. You obviously have forgotten that Moody's, S&P and Fitch played instrumental roles in causing the Global Great Recession of 2008/9 by giving good credit ratings to all sorts of debt instruments and their derivatives, including mortgage-backed securities, CDOs, sovereign bonds, etc., a good portion which proved to be as worthless as toilet paper. Remember too, that these credit rating agencies are not really independent in as much as they are for-profit businesses compensated by the issuers of the debt instruments they are requested to rate.
Our national debt including pension fund entitlements now stands at a whopping $14,000,000,000 (fourteen billion dollars). Assuming the total Bahamian workforce consists of about 150,000 workers (including many non-productive government workers), dividing $14,000,000,000 by 150,000 equals $93,333. This means every single Bahamian worker, no matter how productive or unproductive they may be, has $93,333 of government debt on their head. And we all know most Bahamian workers are financially strapped and will never ever be able to repay that amount in their lifetime.
More importantly though, you may not even know or appreciate that one of the first things Trump did on becoming president was declare by executive order a national state of emergency because of the threat to US national security of both the illegal alien crisis and the unsustainable debt situation of the US. This enabled Trump to implement tariffs on other nations without the need to seek approval from the US Congress to do so. And just think, unlike the mighty US, our small nation has few options if any to deal with its unsustainable debt situation. You should be asking how much does The Bahamas pay each year to have the rating agencies rate the external debt issued or rolled-over by our government.
Are you by chance Greek? The biblical interpretation of the Greek word *"telestai"* as used two places in the Bible is *"It is finished."*
Are you saying Trump is like our insatiably greedy and bullying Snake? Or perhaps he is more like a mix of Snake and that other gluttonous thug Sebas Bastian?
The necessary independence in the review process could only be achieved by a commission of suitably qualified individuals appointed by the UK government. The appointees should all be UK nationals, with strong legal, accounting and/or business backgrounds, and have no known ties to the Bahamas or any other country in the Caribbean/West Indian region, including Bermuda. There should be at three commissioners, ideally five.
The commissioners should all have access to a team of top notch legal and accounting specialists based in the UK with the same independence requirements.
The over arching constitutional question is whether the UK government has the will and power, acting through the Commonwealth Secretariat and our Governor-General, to force the appointment of such a commission before the Bahamian people are fleeced of most of their nation's most valuable assets by a corrupt cabal of rapacious marauders led by a handful of people like Snake, Tony Ferguson, Sebas Bastian, the Greek, and so on.
Your use of the word **black** might well be appropriate to @quavaduff's comment, but not mine.
By the way, in one of his many famous uncalled for quote, Trump referred to certain failed states around the world by their actual name when he described them as being "s-hole nations." He never actually used the word **black** in doing so. That was the fake news media putting a word in his mouth for their own political agenda.
ExposedU2C says...
Looks like our politicians and other members of the ruling political elite are about to encounter a fork in the road forward for our nation. Hopefully they choose food and tourists from the US as opposed to continued corrupt dealings with the sinister and evil ChiComs. We should be taking steps to resume diplomatic ties with Taiwan ....... that alone should be sufficient to get the ChiComs to flee our country. The debt trap the ChiComs set up for our nation will need to be unwound with the assistance of the US.
On Hotelier urges ‘intervention’ over $1.5m China ship fee
Posted 9 April 2025, 12:03 a.m. Suggest removal
ExposedU2C says...
The Prime Minister's Office has obviously forgotten that Moody's, S&P and Fitch played instrumental roles in exacerbating the severity of the Global Great Recession of 2008/9 by giving bogus good credit ratings to all sorts of debt instruments and their derivatives, including mortgage-backed securities, CDOs, sovereign bonds, etc., a great portion of which proved to be as worthless as toilet paper. Remember too, that these credit rating agencies are not really independent in as much as they are for-profit businesses compensated by the issuers of the debt instruments they are requested to rate.
Our national debt including pension fund entitlements now stands at a whopping $14,000,000,000 (fourteen billion dollars). Assuming the total Bahamian workforce consists of about 150,000 workers (including many non-productive government workers), dividing $14,000,000,000 by 150,000 equals $93,333. This means every single Bahamian worker, no matter how productive or unproductive they may be, has $93,333 of government debt on their head. And we all know most Bahamian workers are financially strapped and will never ever be able to repay that amount in their lifetime.
More importantly though, our PM may not even know or appreciate that one of the first things President Trump did on becoming president was declare by executive order a national state of emergency because of the threat to US national security of both the illegal alien crisis and the unsustainable debt situation of the US. This enabled President Trump to implement tariffs on other nations without the need to seek approval from the US Congress to do so. And just think, unlike the mighty US, our small nation has few options if any to deal with its unsustainable debt situation. We should be asking ourselves how much does The Bahamas pay each year in service fees and out-of-pocket costs to have Moody's rate the external debt issued or rolled-over by our government.
On Govt hails first ‘positive’ rating outlook in 17 years
Posted 8 April 2025, 11:26 p.m. Suggest removal
ExposedU2C says...
Both Darville and Davis have absolutely no conscience. People who find themselves urgently needing emergency medical care are literally dying as a result of the incompetence and gross negligence of these two bumbling buffoons.
On Where are the ambulances?
Posted 8 April 2025, 11:17 p.m. Suggest removal
ExposedU2C says...
This decision only relates to the civil side of the case heard by the US courts.
Certain Bahamians might wish to acquaint themselves with the US Federal Rules of Criminal Procedure, specifically Rule 6 as it relates to sealed indictments arising from a Grand Jury proceeding.
On BREAKING: Appeals court upholds Izmirlian $1.642bn damages award
Posted 8 April 2025, 10:57 p.m. Suggest removal
ExposedU2C says...
Laws are only 'enforced' in our country when our corrupt government or a corrupt government official and their greedy cronies want to take something of yours away from you.
On Police still investigating cruise guest’s rape claim
Posted 8 April 2025, 11:01 a.m. Suggest removal
ExposedU2C says...
And Bahamians are completely ignorant of the extremely harmful impact that all of these lithium battery powered vehicles are having on our global environment, both when the EVs are manufactured and when they, with their 'expired' lithium batteries, find their final resting place at a public dump or land fill.
Japan has been dumping older EVs that can no longer be sold in Japan on lesser developed countries for the last two decades and I suspect the ones made in Mexico will soon be exacerbating this big problem for our small country.
On Police still investigating cruise guest’s rape claim
Posted 8 April 2025, 10:58 a.m. Suggest removal
ExposedU2C says...
LOL. You obviously have forgotten that Moody's, S&P and Fitch played instrumental roles in causing the Global Great Recession of 2008/9 by giving good credit ratings to all sorts of debt instruments and their derivatives, including mortgage-backed securities, CDOs, sovereign bonds, etc., a good portion which proved to be as worthless as toilet paper. Remember too, that these credit rating agencies are not really independent in as much as they are for-profit businesses compensated by the issuers of the debt instruments they are requested to rate.
Our national debt including pension fund entitlements now stands at a whopping $14,000,000,000 (fourteen billion dollars). Assuming the total Bahamian workforce consists of about 150,000 workers (including many non-productive government workers), dividing $14,000,000,000 by 150,000 equals $93,333. This means every single Bahamian worker, no matter how productive or unproductive they may be, has $93,333 of government debt on their head. And we all know most Bahamian workers are financially strapped and will never ever be able to repay that amount in their lifetime.
More importantly though, you may not even know or appreciate that one of the first things Trump did on becoming president was declare by executive order a national state of emergency because of the threat to US national security of both the illegal alien crisis and the unsustainable debt situation of the US. This enabled Trump to implement tariffs on other nations without the need to seek approval from the US Congress to do so. And just think, unlike the mighty US, our small nation has few options if any to deal with its unsustainable debt situation. You should be asking how much does The Bahamas pay each year to have the rating agencies rate the external debt issued or rolled-over by our government.
Are you by chance Greek? The biblical interpretation of the Greek word *"telestai"* as used two places in the Bible is *"It is finished."*
On Gov’t uses $161.5m of bond reserves to finance current debt
Posted 8 April 2025, 10:20 a.m. Suggest removal
ExposedU2C says...
Are you saying Trump is like our insatiably greedy and bullying Snake? Or perhaps he is more like a mix of Snake and that other gluttonous thug Sebas Bastian?
On Bahamas tourism ‘bracing’ for Trump tariffs drop-off
Posted 8 April 2025, 9:30 a.m. Suggest removal
ExposedU2C says...
The necessary independence in the review process could only be achieved by a commission of suitably qualified individuals appointed by the UK government. The appointees should all be UK nationals, with strong legal, accounting and/or business backgrounds, and have no known ties to the Bahamas or any other country in the Caribbean/West Indian region, including Bermuda. There should be at three commissioners, ideally five.
The commissioners should all have access to a team of top notch legal and accounting specialists based in the UK with the same independence requirements.
The over arching constitutional question is whether the UK government has the will and power, acting through the Commonwealth Secretariat and our Governor-General, to force the appointment of such a commission before the Bahamian people are fleeced of most of their nation's most valuable assets by a corrupt cabal of rapacious marauders led by a handful of people like Snake, Tony Ferguson, Sebas Bastian, the Greek, and so on.
On Saudis ‘too slow’ over $55m Eleuthera airport
Posted 7 April 2025, 2:29 p.m. Suggest removal
ExposedU2C says...
Your use of the word **black** might well be appropriate to @quavaduff's comment, but not mine.
By the way, in one of his many famous uncalled for quote, Trump referred to certain failed states around the world by their actual name when he described them as being "s-hole nations." He never actually used the word **black** in doing so. That was the fake news media putting a word in his mouth for their own political agenda.
On Bahamas tourism ‘bracing’ for Trump tariffs drop-off
Posted 7 April 2025, 1:57 p.m. Suggest removal