The scorching heat of the hottest and most humid summer months is almost here. And the very corrupt and incompetent Davis and his good friend the Snake knows that there is no better time to pull the power plug on the Bahamian people in order to get them to accept whatever crooked deals with heavily padded contracts they have planned to suck every possible dollar they can out of our pockets through sky high electricity bills like we have never experienced before.

This is not going to end well for stumpy Davis and his cohorts in crime, including their foreign partners waiting in the winds to feast on us as a result of the new electricity and LNG legislation passed by the PLP government to capitalise on the PLP created fiasco and chaos at BPL.

> correction: The print version of this story had an incorrect headline stating the increase was 17%. The rise is 13%. We apologise for the error.

**double correction:** The corrected online version of this story also had an incorrect headline stating the increase was only 13%. The actual rise according to hospital, morgue and coroner records is 29%. All concerned apologise for the material error.

A driver of a vehicle who is drunk from excessive drinking of beer, wine or liquor is statistically much more likely to cause an accident. Likewise, a driver of a vehicle who is high from excessive smoking of cannabis is statistically much more likely to cause an accident.

Insurance underwriters know these irrefutable facts that are for them, and their re-insurers, ample justification for jacking up auto and other vehicle insurance premiums to outrageously unaffordable levels. The bad policies of this corrupt and most incompetent Davis led PLP government are imposing alarming costs on the Bahamian people in ways that many do not fully appreciate. Of course the much greater toll on our domestic economy from excessive recreational use of cannabis will be a marked lowering of already low productivity levels.

This fella should thrown in the slammer for at least three years because he knew full well, before the crypto markets tanked and exposed the fraudulent activities of SBF and his girl friend at Alameda, that accounting records that should have existed did not in fact exist and that fiduciary responsibility had been thrown to the wind. He was much too late in spilling the beans!

> With the Bahamian trio controlling just 30 percent of the local subsidiary’s cash assets, due in large measure to the US Justice Department’s seizure of $143.2m from its US accounts in late 2022, the Lennox Paton senior partner conceded that assets available to pay creditors would ultimately be exhausted by the legal sparring and they would have to seek litigation financing that comes with its own risks.

>And customer and FTX group assets and liabilities are “so commingled” and “inextricably intertwined that it would be practically impossible”, in addition to creating enormous delays and costs, to try and “unravel” what belongs to which liquidation estate - The Bahamas or Delaware.

The creditors of FTX/Alameda got royally screwed by the unnecessary massive depletion of the FTX group assets by the Bahamas based liquidators. Millions of dollars in liquidators' fees and related other costs were squandered as a result of the Bahamas based liquidators' refusal to recognise early on that it was impossible to reconstruct accounting records that simply did not exist. The Bahamas based liquidators also should have recognised and accepted early on that their many turf skirmishes with John Ray were futile and only good for their pockets as opposed to the creditors at large of the FTX group.

The financially fattened Bahamas based liquidators are only now willing to throw in the towel because of their own exposure to the greatly increased risk of significant downside changes in both the real estate and crypto markets that could cause huge realised losses to the FTX group's estate. And of course the creditors would be justified in blaming the losses on the inordinate delay caused to the FTX group's liquidation process by the Bahamas based liquidators.

Not me. I was taught not to steal. And you know what they say about a license to sell insurance.

The sale of cannabis is being legislatively treated like the sale of liquor. And the coming explosion in its excessive recreational use will prove to be just as harmful and damaging to our society as alcoholism. The devastating consequences of excessive cannabis use, especially among young people, are already being experienced by many other societies that have shortsightedly legalized its recreational use..

As a parent I have never sent my three university educated children anywhere to work. They just each knew by their upbringing that the day would come when they would have to flap their wings really hard to get out of the nest and survive on their own. I was naturally a little disappointed that all three of them eventually flew away to make their own nests in the U.S. Thankfully they are each now happily enjoying successful careers ....... but sadly they typify the brain-drain our nation has been suffering from for many years.

By the way, our nation's true unemployment rate has not been anywhere near as low as 10% for decades.

The amendments to be made will bring the National Crime Intelligence Act more in line with what the controlling ChiComs consider to be best practices for a police surveillance state where you and I will be expected to do without the fundamental rights to privacy and liberty guaranteed by our Constitution.

Yup, make no mistake about it. The leadership of this most corrupt and incompetent PLP government led by Stumpy Davis continue to line their own pockets by selling us out to the ChiComs who have bribed them to gain dominion over what was once our nation.

It was Pindling and the PLP party that opened our country up to the fast food chain restaurants starting with Kentucky Fried Chicken (now KFC). The importing of that piece of Americana has taken a most sickening toll on the health of our people.