Why is this being labeled as "face saving?" The government did not regain control of BTC. The PLP campaigned on regaining control of BTC. Which idiot sees this as a victory for the government? If you are one of those idiots, I have a diamond mine located off Blue Hill Rd to sell you. You can contact me at (242) dam-idiot.
The real stupidity will take place when the people accept this as a victory for the country. I wonder what the BTC union will say because operational control did not change. If union bosses support this BS, then their pockets were filled in the back room.
It's a shame that a shrewd businessman like Franklin Wilson allowed himself to get caught up in this mess. He knew from jump street that they couldn't get back majority shares. It goes to show you that people do and say dumb sh#t just to back their political party.
It's a farce and many people will eat this foolishness up. Unfortunately so many Bahamians fell for okie doke during the campaign. Any individual with an ounce of sense knew that they couldn't get controlling shares back......not at the price they were willing to pay. At the end of the day this deal makes BTC bottom line look better. Before any donations/charitable contributions were a part of their expenses but now they will flow through the trust hence they don't have to record it as an expense. No telling what other expenses can be diverted by BTC through the trust. The boys in London are rolling over with laughter. I'm sure we were are globally perceived as a bunch of idiots.
IsRightWrong says...
Why is this being labeled as "face saving?" The government did not regain control of BTC. The PLP campaigned on regaining control of BTC. Which idiot sees this as a victory for the government? If you are one of those idiots, I have a diamond mine located off Blue Hill Rd to sell you. You can contact me at (242) dam-idiot.
On Trust gets 2% of BTC in 'face saving deal'
Posted 22 January 2014, 4:53 p.m. Suggest removal
IsRightWrong says...
The real stupidity will take place when the people accept this as a victory for the country. I wonder what the BTC union will say because operational control did not change. If union bosses support this BS, then their pockets were filled in the back room.
On 'Face-saving' deal with BTC
Posted 22 January 2014, 4:11 p.m. Suggest removal
IsRightWrong says...
It's a shame that a shrewd businessman like Franklin Wilson allowed himself to get caught up in this mess. He knew from jump street that they couldn't get back majority shares. It goes to show you that people do and say dumb sh#t just to back their political party.
On 'Face-saving' deal with BTC
Posted 22 January 2014, 1:23 p.m. Suggest removal
IsRightWrong says...
It's a farce and many people will eat this foolishness up. Unfortunately so many Bahamians fell for okie doke during the campaign. Any individual with an ounce of sense knew that they couldn't get controlling shares back......not at the price they were willing to pay. At the end of the day this deal makes BTC bottom line look better. Before any donations/charitable contributions were a part of their expenses but now they will flow through the trust hence they don't have to record it as an expense. No telling what other expenses can be diverted by BTC through the trust. The boys in London are rolling over with laughter. I'm sure we were are globally perceived as a bunch of idiots.
On 'Face-saving' deal with BTC
Posted 22 January 2014, 12:51 p.m. Suggest removal