Let the battle begin...Congratulations ROOTS!

For the record we CCA is an international company with its parent company China Construction and Engineering Company registered in the state of New Jersey, USA. Are you familiar with the ongoing fraud case with Michael Turner where US courts were trying to seize properties he owned in the Bahamas. But (to your credit) Bahamian courts stepped in and the properties were purchased with funds defrauded from The Bahamian Butler Family (that includes Loretta Butler Turner) and others and so the properties rightfully belong to them. And there are properties in the Bahamas occupied by US government personnel that were seized by US courts as proceeds from drug trafficking. So it’s not whether the US courts have jurisdiction it is whether or not CCA will still have possession of the property and whether or not there will be some other claim to the property.

The lawsuit is very well drafted. It specifically targets China Construction America as the respondent then goes on to clearing set out its claims and requests for damages ($2 Billion ). The lawsuit doesn’t try to put a lien on the Bah Mar property and Izmirlian was ‘a kind gentleman ‘ in that he allowed the property to be completed and almost fully open before filing his claim. And so the legal battle, at least in the first instance, is between him and CCA. And, of course since CCA and China ExIm Bank are virtually the same company, if Izmirlian prevails in his claim in the first instance, it is also a judgment against China ExIM Bank. And, of course, by not naming The Bahamas Government or any individual as party to the lawsuit, Izmirlian demonstrates that his claim is not one of vengeance, but he is only seeking to be compensated for the damages done to him. He also leaves the door for future development in the Bahamas open and does not burn this bridge behind him. This is smart in the sense that if he prevails in his claim against CCA, the Pointe Development and the adjacent British Colonial Hotel can be some of the assets seized to settle the claim. The mere fact that such a huge and significant lawsuit was allowed to be filed in a New York court against CCA will already have impact against the company, since no right thinking individual or corporation would want to engage this company (CCA). When there is a possibility of a ruling against them and their assets could be seized in the middle of a project. Of course it will be interesting to see what CCA files in response to this lawsuit and if they will even file a counterclaim.

Despite some killings, murders have been down significantly during the months of November and December. Part to the fact that several dangerous and ruthless killers have themselves been killed while others find themselves under death threats and some have left the country. But very significant now is police have managed to penetrate gangs, identity their senior leaders and scramble a lot of their organized, criminal activities. And there is lots more work to be done as another group of youthful offenders seem to want to rise up and continue with criminal activities. This is evident in a recent robbery where the pepetrators of the crime were armed to the ‘t’ while they carried out a movie like robbery. But too, to the credit of the police, most, of not all the persons who committed murder in recent weeks have been caught, charged and remanded to prison. This means they won’t get an opportunity at another killing or themselves become a victim of retaliation. Now it’s up to the courts to play their and ensure murderers get swift justice, harsh sentences and definitely no bail. Once the police continue to stamp out gang related killings the ‘natural ‘ murder rate will also decline as those killers will also be detected and detained. The country can clearly see a murder count of less than 50 in 2018!

And more shoppers chose to go to the malls than last year rather than shopping online. Much to the delight of stores like Macy’s and Target where persons also bought more items for the home.

It would be interesting to see what Bahamian retailers say about their Christmas holiday sales. The US is reporting that their retail holiday sales are up 5% to $671 Billion dollars. But the increase in sales was not necessarily due to increase purchases but less discounting. Because of the strong economy reta did not find deep discounts necessary on hard goods. But clothing was still off and had bargin prices.

And again the bitcoin fits into Bible prophecy. Because after the collapse of the US economy, the Bible says the world will move to a one world economy and a one world currency. No one will be able to buy or sell ‘save he receives the mark.’ Powerful and true.

Secondly, Trump not only wants to move the capital of Israel to Jerusalem, but he has promised to assist in the rebuilding of the holy temple. The Bible foretells that Solomon’s temple will be rebuilt before the return of Christ. But within the seven year period it will be occupied by a vile and wicked person pretending to be Christ. This deselator will be a world leader with great powers and great influence. And if it is Donald Trump he will have to move very quickly to get the capitol relocated and the temple rebuilt or he will have a second term as president of the United States.

At least things the Bible foretells that Trump May be responsible for (1) The collapse of the US economy and the US dollar. While he says the huge tax cuts are to stimulate the economy and get big businesses to invest, the fact is many US businesses already have huge amounts of cash they are not investing. And employment is already at 4% (Japan is at 2) So where will additional workers come from even revenue if additional jobs are created? And despite the low unemployment even since the beginning of Obama’s second term consumer confidence and spending is down. So if Trump cannot generate additional growth to compensate for his huge tax cuts America will sink deeper into debt. Workers will get laid off as companies cut back on production and some close completely. Then of course China and Japan and other countries will fight for market share and drive prices down. America will be the weaker under its high debt and crumble.

Both the US and the UK are reporting that Christmas shoppers numbers are down this year. Not only that but shoppers were shying away from luxury and high priced items despite some having deep discounts. Some luxury brands were reluctant to discount their goods any further because it cheapens the product. The question is did more people shop online or were the holiday sales down.