Just after RBC sent out flyers to its customers claiming that RBC (the Bank) will reimburse customers for and funds lost at the ATM's..these international banks have an entourage of foreign gangsters who are set on breaking the bank and travel around the world hitting ATM's or doing other scams. The reason why BitCoin has lost so much value is there is so much fraud around it.
The East portion can be continue to be call The Lucayan and the west side can be called The West Wing after the White House. And Donald Trump will keep it in the media.
Not against the government trying to help Freeport and Grand Bahama. The people are in dire straights and needs help. Desperately. But what it will cost the government to spend to purchase and get that hotel up and running they can pay 1,000 people an average of $500 weekly salaries for six years. The harder to find a buyer and more importantly a hotel operator. Can the property be (legally) divided in to and operated as two separate hotels under two brand names. Don’t give in until you exhaust every avenue.
And if you haven't noticed, stores in New Providence are still closing. Even in the malls and the busy Carmichael Road area. A major clothing chain may have to downsize again if this back-to-school season turns out to be a dud. These stores relied heavily on Social Services back-to-school assistance program to boast it's sales after cutting many smaller merchants out of the market. But now with government cutback and consumers spending less the store is feeling the crunch. In the meantime, other stores are downsizing and moving into shops that have cheaper rent and overhead. The problem is when many people get jobs, they shop online or abroad. So this minimized the impact of Bah Mar's hiring several thousand workers. And the government continue to pile on taxes.
The hotel is a nice property. As Donald Trump would say, It is a very nice property, beautiful scenery and wonderful ocean breezes and Freeport is nice too. But the hotel needs an experienced management team and operator. Not a government that already has financial challenges and no hotel experience What happens after two or three years of pumping millions and millions into this property, giving employees false hope and the property has to close again? Back to square one.
Despite raising taxes by leaps and bounds, the government continues to borrow by leaps and bounds and the economy remains stagnant. In fact if one was to take out the Bah Mar factor, the economy actually contracted under the past 12 months. And it is not just the government feeling the effects. A local retailer, who may soon be seen to be reducing the size of his business claims that they continue to pump money into the business every quarter. But nothing comes back. And after subsidizing their business for the past 6-8 years they must now make the decision to scale down considerably or close completely. The government does not have the option to close.
John says...
Just after RBC sent out flyers to its customers claiming that RBC (the Bank) will reimburse customers for and funds lost at the ATM's..these international banks have an entourage of foreign gangsters who are set on breaking the bank and travel around the world hitting ATM's or doing other scams. The reason why BitCoin has lost so much value is there is so much fraud around it.
On Symonette: 'Public needs to be cautious' with ATMs
Posted 17 August 2018, 7:18 p.m. Suggest removal
John says...
The East portion can be continue to be call The Lucayan and the west side can be called The West Wing after the White House. And Donald Trump will keep it in the media.
On Fiscal promises must be kept - or else
Posted 16 August 2018, 10:43 p.m. Suggest removal
John says...
Not against the government trying to help Freeport and Grand Bahama. The people are in dire straights and needs help. Desperately. But what it will cost the government to spend to purchase and get that hotel up and running they can pay 1,000 people an average of $500 weekly salaries for six years. The harder to find a buyer and more importantly a hotel operator. Can the property be (legally) divided in to and operated as two separate hotels under two brand names. Don’t give in until you exhaust every avenue.
On Fiscal promises must be kept - or else
Posted 16 August 2018, 10:40 p.m. Suggest removal
John says...
Body of man who jumped of the bridge this morning recovered a few minutes ago. People are becoming hopeless. And desperate. RIP Alex.
On It's time to clean up our eyesores
Posted 16 August 2018, 9:13 p.m. Suggest removal
John says...
So what was the purpose of spending 220 million on new Defense Force boats..
On Poachers decimate southern crawfish
Posted 16 August 2018, 3:59 p.m. Suggest removal
John says...
May she rest in the bosom of Abraham.
On 'Queen of Soul' Aretha Franklin dies at 76
Posted 16 August 2018, 3:57 p.m. Suggest removal
John says...
Good fishing! and happy hunting too.
On Central Bank to be catalyst for area
Posted 16 August 2018, 3:42 p.m. Suggest removal
John says...
And if you haven't noticed, stores in New Providence are still closing. Even in the malls and the busy Carmichael Road area. A major clothing chain may have to downsize again if this back-to-school season turns out to be a dud. These stores relied heavily on Social Services back-to-school assistance program to boast it's sales after cutting many smaller merchants out of the market. But now with government cutback and consumers spending less the store is feeling the crunch. In the meantime, other stores are downsizing and moving into shops that have cheaper rent and overhead. The problem is when many people get jobs, they shop online or abroad. So this minimized the impact of Bah Mar's hiring several thousand workers. And the government continue to pile on taxes.
On Impact of buying Grand Lucayan 'like aftermath of a hurricane'
Posted 16 August 2018, 1:45 p.m. Suggest removal
John says...
The hotel is a nice property. As Donald Trump would say, It is a very nice property, beautiful scenery and wonderful ocean breezes and Freeport is nice too. But the hotel needs an experienced management team and operator. Not a government that already has financial challenges and no hotel experience What happens after two or three years of pumping millions and millions into this property, giving employees false hope and the property has to close again? Back to square one.
On Impact of buying Grand Lucayan 'like aftermath of a hurricane'
Posted 15 August 2018, 7:26 p.m. Suggest removal
John says...
Despite raising taxes by leaps and bounds, the government continues to borrow by leaps and bounds and the economy remains stagnant. In fact if one was to take out the Bah Mar factor, the economy actually contracted under the past 12 months. And it is not just the government feeling the effects. A local retailer, who may soon be seen to be reducing the size of his business claims that they continue to pump money into the business every quarter. But nothing comes back. And after subsidizing their business for the past 6-8 years they must now make the decision to scale down considerably or close completely. The government does not have the option to close.
On Moody’s still has the blues
Posted 15 August 2018, 6:08 p.m. Suggest removal