Comment history

John says...

Since 2008 basically every single economy around the world has been crashed and sent into recession. And what was the consequences? Their financial status was downgraded, not unlike the Bahamas, and they were forced to borrow money and their borrowing was at higher rates, not unlike the Bahamas. People say that when America runs up more debt, all it needs to do is print more money to pay it off. But no it is not that simple. It is the Federal Reserve that prints the money and the Federal Reserve is not owned by the American government or the American people. The Reserve is owned by a group of private bankers and what they are doing when they print money is loaning the US money at a hefty interest rate. And like the Bahamas and other countries around the world, the US debt is growing by leaps and bounds. Now try wrapping your brain around this for a second: Why is more that 3/4 of the worlds countries in debt up to a level that they can barely afford and many will eventually default on this debt? Banks that loan to countries have a similar policy that consumer banks use. They focus more on your assets or net worth rather than your cash flow and ability to pay. And when the country defaults, its assets are seized. So as of now the people of the Bahamas and the United States and Greece and Venezuela and Brazil and many more countries are no longer working for themselves, but they are working for the banks, both locally and worldwide. This strategy is not new. They did it with Haiti. And that is how the United States came to own half of Mexico and parts of Cuba. And the same people go around the world a few years after they have crashed economies and buy up all the gold and trinkets for penn on the dollar. They trade paper for your gold. So the rich get rich and the poor continue to work for them.

John says...

What did Tal say?

On Govt will borrow $722m to pay bills

Posted 1 June 2017, 4:08 p.m. Suggest removal

John says...

The provobial economic cloth is on the table. The government must now cut and sew the suit accordingly. Failure to stimulate the economy, cut excess spending, waste and T'iefin will lead to financial downgrades, increased taxes and more government debt increased borrowing. Let's work and fix this!

On Govt will borrow $722m to pay bills

Posted 1 June 2017, 12:27 p.m. Suggest removal

John says...

In the words of Hillary Clinton (of whom I am no fan". "Not only are there people who try to destabilize our government or destroy our economy, but they try to create disunity among us as a people and destroy us as a country."

John says...

When you have one percent of the worlds population owning 90% of the wealth you wonder how they do it. Well one thing they do is manipulate the world's economy so that more and more nations have to borrow more and more money. And as the countries become less and less capable of pay off their debt, the interest rates on the debt get higher and higher. Imagine that one percent of the population have the other 99% of the population working for them. And if your life style becomes to comfortable or too relaxed, they raise the interest rate and increase your misery level and/or devalue your currency. Well-muddy-take sick.

John says...

@ mudder-take-sic... at least I have a life.. and you are in front of me in the line to eat mud pies.. like you don't know already. When you have nothing to say.. don't say it to me!

John says...

Does Mr. Albert have any vehicle on his lot selling for less than $5,000? And Secondly what law is there to prevent an individual from bringing in a car and selling it? The point is Mr. Albury did not adjust his inventory to appeal to the current market and if he is not supplying the products that are being sold on the side of the street, then they are not his competitors. Bahamians are no longer buying expensive cars that involve bank financing and the way it's done, they can order a car, pay the first costs, the have a few months to accumulate the funds for freight and duties before the car arrives in Nassau. Kelly's and other stores in Marathon Mall have had to battle with R. M. Bailey Park vendors for years and Carmichael for the most part has become a strip mall. And a number of persons who operate are customs officers or other government employees. How then should government move to deal with this? Restrict the number of vehicles any one person can import each year or set a different rate of duty for persons who import with a auto dealer license?

John says...

What about the wall...

John says...

wishful thinking.

John says...

Who else noticed how *The Tribune* buried the story with the two men who were charged with the CVC robbery, (the one where the school aged teen boy was shot dead by police), all the way on page 8. This is while many people are under the impression that there are groups of school boys going around robbing for cigarettes and other loot. Not only should this story be highlighted (front page) that the main perpetrators of the crime were full grown men. Now only should they have been charged with the robbery but their actions contributed to the death of a young boy. They should be held responsible for it.