A few facts. The China EXIM bank now owns the property. In all likelihood China EXIM bank has not written off any of its investment in BahaMar and is therefore carrying the property on its books at full invested value. EXIM bank executives are going to be extremely reluctant to accept a discounted foreign bid for the resort because at that point, the loss becomes realized and some Chinese heads could roll. EXIM might prefer to have the property lie vacant for years and maintain the original book value of its investment rather than confront the horrible truth. Perry Christie and the PLP have no leverage in discussions with EXIM as they are hopelessly compromised. Despite this reality, Christie continues to pontificate trying to give the impression that he has some role to play in resurrecting the project. The time for his involvement is long gone. Sovereignty has been ceded to China.
Birdiestrachan - you have shown yourself up with your ignorance as to how VAT works. You shouldn't post on topics you know nothing about. Study the matter first and then you can offer at least sensible propaganda on behalf of your PLP masters.
Minnis is making such a mess of trying to lead the FNM. He is trying hard to be somebody he is not. he is not a team builder and a leader. He appears to have no vision other than to gain the seat of power on the back of the abject failure of this PLP administration. After almost four years of mis-rule the country needs a savior, someone with vision and integrity, someone who has a feel for leadership, someone who can make the right decision most of the time, someone who is confident in who he is (and who he is not) someone who is courageous and someone who can genuinely lead this country out of the mire of corruption we find ourselves in. It is clear as day that dr. hubert minnis is not that man. The appointment of Lanisha Rolle as Senator merely underscores the point.
The FNM is determined to destroy itself. Minnis is not the man to take the country forward with this level of insecurity as party leader. He is clearly not a team builder and his decision making is completely suspect. The party has one last chance to sort itself out and that can only be at a full voting convention.
Honestman says...
A few facts. The China EXIM bank now owns the property. In all likelihood China EXIM bank has not written off any of its investment in BahaMar and is therefore carrying the property on its books at full invested value. EXIM bank executives are going to be extremely reluctant to accept a discounted foreign bid for the resort because at that point, the loss becomes realized and some Chinese heads could roll. EXIM might prefer to have the property lie vacant for years and maintain the original book value of its investment rather than confront the horrible truth. Perry Christie and the PLP have no leverage in discussions with EXIM as they are hopelessly compromised. Despite this reality, Christie continues to pontificate trying to give the impression that he has some role to play in resurrecting the project. The time for his involvement is long gone. Sovereignty has been ceded to China.
On Izmirlian seeks Baha Mar talks
Posted 1 February 2016, 3:58 p.m. Suggest removal
Honestman says...
The PLP has taken incompetence to a whole new level.
On BAMSI will be completed by 'beginning of next school year'
Posted 30 January 2016, 7:51 a.m. Suggest removal
Honestman says...
Minnis is running scared. How sad.
On FNM to vote on holding convention 'no later than November 30'
Posted 30 January 2016, 7:49 a.m. Suggest removal
Honestman says...
I think we know how he got so rich!
On The cost ‘greedy doctors’ have to face to maintain their practice
Posted 26 January 2016, 4:16 p.m. Suggest removal
Honestman says...
There are a few exceptions but most Bahamian journalists are afraid to dig deep for fear of being victimized - the problem of living in small islands.
On Bridge toll doubles to $2
Posted 26 January 2016, 2:31 p.m. Suggest removal
Honestman says...
Great post!
On MP reacts to senator’s criticism of colleague
Posted 26 January 2016, 2:27 p.m. Suggest removal
Honestman says...
Birdiestrachan - you have shown yourself up with your ignorance as to how VAT works. You shouldn't post on topics you know nothing about. Study the matter first and then you can offer at least sensible propaganda on behalf of your PLP masters.
On Minister contradicted over ‘greed’ of doctors
Posted 26 January 2016, 2:20 p.m. Suggest removal
Honestman says...
Last chance FNM. It's a full voting convention or you will have no credibility with the electorate.
On Non-voting convention talk ‘shows insecurity’
Posted 26 January 2016, 2:13 p.m. Suggest removal
Honestman says...
Minnis is making such a mess of trying to lead the FNM. He is trying hard to be somebody he is not. he is not a team builder and a leader. He appears to have no vision other than to gain the seat of power on the back of the abject failure of this PLP administration. After almost four years of mis-rule the country needs a savior, someone with vision and integrity, someone who has a feel for leadership, someone who can make the right decision most of the time, someone who is confident in who he is (and who he is not) someone who is courageous and someone who can genuinely lead this country out of the mire of corruption we find ourselves in. It is clear as day that dr. hubert minnis is not that man. The appointment of Lanisha Rolle as Senator merely underscores the point.
On Former Deputy PM: Appointee is tragic mistake by Minnis
Posted 26 January 2016, 1:59 p.m. Suggest removal
Honestman says...
The FNM is determined to destroy itself. Minnis is not the man to take the country forward with this level of insecurity as party leader. He is clearly not a team builder and his decision making is completely suspect. The party has one last chance to sort itself out and that can only be at a full voting convention.
On Senator Rolle must resign
Posted 26 January 2016, 11:52 a.m. Suggest removal