The good is that these PLP boys are being caught with their hands in the cookie jar or otherwise in such a compromising position that they have to come out and admit. Shamed and embarrassed by their own actions in a way they cannot deny. And it seems that the more they try dig up skeletons and point fingers at the opposition, the more skeletons come rolling out their closets. Is it that there are that many skeletons in their closet they can't keep the door closed or that they have so many they forgot where they hid them. The PLP is imploding. Their leader cannot resist temptations to compare himself to God. (I think he was inebriated, but even then a drunk man speaks a sober mind). So all Hubert Minnis and other opposition need to do is stay the course. Stay focused and be alert. Don't make any outrageous statements or say anything that is unsubstantiated. Keep your hands clean and let the PLP's own actions and expositions lead them to a resounding defeat. And take the great, deceiving political harlot, who discouraged so many people from not registering, with them.
Valuation for tax purposes is done differently from appraisals for insurance and commercial value. It is done basically on square footage. So if you have, marble tiles, high cedar ceilings, air conditioner etc, those things does not affect your value for tax purposes. Now hush before you cause all of our taxes to go up.
People like to say "the rich get richer and the poor get poorer." But many times the poor don't realize they are contributing to the rich getting richer and they themselves getting poorer. Take for example over the past few years The Bahamas, the Caribbean and all major parts of the world were flooded with so called 'cash for gold 'stores. These operations just popped up overnight night and they hoarded every Gramme of gold and every piece of fine jewelry they could place their paws on. People started robbing and breaking into homes in search of gold to go trade off and guess what? They were getting pennies on the dollar for these valuables stolen or not. The stores operated in such a way that even if culprits of robbery or home invasions were apprehended by the police by the time the police got to the store they were told that the items were already melted down or 'shipped out.' This is commonly called 'shallow mining ' where these people would come into depressed communities and buy up gold for a fraction of its value. Then they would polish and resell the really valuable items and resell the gold sometimes at 100 times what they paid for it. And because they make gold so scarce they drive up the price even more.
Many Bahamians fear that the Bahamian dollar will not devalue but the fact is the US dollar is in more danger of crashing than the Bahamian dollar. And, of course, since our dollar is tagged to the US dollar it will also fall. Some say we'll all the US has to do is print more money to pay its debts. The only country in the world that can do that. But it is not that simple. The Federal Reserve Bank that prints US money is not owned by the American government. It is owned by a group of private bankers. So when the Fed prints more money it is actually making a loan to the United States. This loan has an interest and has to be paid back. So when you have US currency in your pocket it is not real money, but it is money issued against a debt. So while you can use it to purchase goods and services, the currency itself has no value. Likewise for the Bahamian dollar. It is issued against debt. It is really a promissory note. And when the government stands to default on its debt the dollar will devalue or can even worthless.
The United States raised its taxes over the past four years, and even though they collected more revenue the National debt grew under Obama and America still has to continue to borrow money. The same thing has happened here in the Bahamas, where government increased taxes, almost mercilessly in a depressed economy. While this may have generated more revenue for government in the short term, it led to a stagnant and shrinking economy, as many businesses were forced to close or downsize their operations. Now the US president, Trump, is proposing to cut corporate taxes by up to 25% with hopes of stimulating the economy and generating economic growth. Of course any growth or boom in the US economy spills over into the Bahamas mainly by way of tourism. But it is time the Bahamas develop self sustaining industries and inter-island trade where more revenue is kept in the Bahamas and recirculated so as to generate additional funds. It will be very difficult to cut taxes in any substantial way in the immediate term because of the national debt and other financial obligations of the government. so government must find other means t stimulate growth.
First of all if you were a Bahamian you would never reference me as calling you ;"whitey' I don't know any white people personally so I have no reason to be racist towards them. And furthermore I don't think I have ever heard any black Bahamian use the term "whitey.". Secondly Politics and governance all around the world is set with challenges. Economies are sinking and peoples around the world are rising up against politicians who they perceive to be corrupt and dishonest, and more importantly, responsible for the turmoil their countries are in, financially and socially. And yes young people all around the world are falling prey to drug abuse and like here in the Bahamas, to drug warfare and violence. Whether this behavior is initiated or stimulated by what the US is doing with drug and food supplies does need further investigation. And there are many credible reports that expose the experiments that the CIA is doing and have done on young,black men starting all the way back in the 1950's. Yes we made foolish mistakes, as a country, and continued to borrow money when we were leveraged to our teeth. Bahamians love America and many oof us travel there, if no where else in the world. The US is referred to by Bahamians as our big brother to the North. And Bahamians, in their wildest dreams would not want to know that America is doing things to harm our young people or to lead to the demise or stagnation of our country. Oil has been discovered in Haiti as has been foud here. But because of the current situation of the oil market, it may be years or even decades before the powers allow us to pump oil here in the Bahamas or in Haiti.
Most of these people hide their money or assets in companies so they only have to reveal the assets they hold personally. For example Commonwealth Bank is valued at $1.4 billion. At least 50% of this bank is owned by the (Brent) Symonette family. There were only 3 siblings so Brent's value in CB is around $250 million. Then he has other companies including Bahamas Hot Mix. So Brent is worth more than half a billion dollars. And if you go down the list and see that basically all the candidates, at least in the top halfof the list, real assets or true net worth are undervalued, simply because they only have to declare their personal assets and their personal liabilities not what is in holding companies.
Who is the minister they claim was operating 35 shell companies and collecting money from government after giving himself millions and millions in contracts?
@ concerned citizen: tell me once where I referenced a white person, except to say that while you try to portray young, black Bahamian men as savage black killers, **ninety eight percent of all white persons murdered are killed by another white person.** Around the world and not just here in the bahamas, Ok. Second: It was not me that said that The CIA with the blessings of former presidents of the USA and your secretary of state was giving young black men chemicals that altered their behavior and turned them into predatory killers. The reports are well documented. Attack the person who released the report. I did not write it. Or prove the reports wrong. Go ahead and prove them wrong else accept them as fact and stop trying to defend it. Third; young black, men are not the only group fighting drug problems.Over 22 war vets commit suicide in the US everyday (OVER 8,000 a year!) War Vets dying wholesale after serving their country. That alone is 15 times the murder rate in the Bahamas. Many parts of the US are battling an epidemic of persons overdosing on prescription drug, "“It’s really sad and shocking to see how this opioid epidemic is destroying lives across the country”, said Jennifer McDonald, an ArrestRecords.com analyst. “Communities large and small are being torn apart, and this map and data really shows how bad it is.” And these are mostly white communities (payback maybe). Here are the top 10 drug overdosing cities for your easy perusal :The Top 10 Worst Big Cities for Drug Overdoses:
Dayton Baltimore, MD. Philadelphia, PA New Bedford, MA Birmingham, AL Cincinnati Warren, MI Knoxville, TN Albuquerque, NM Toledo And finally you, concerned citizen are a most deceptive, hatred filled, racial idiot on this page. You always post things that you want to say and claiming that someone else said it.
> "we don,t take any responsibility for > our own behavior , sweethearting > ,teefin ,lying killin
Are you trying to say that only Black people do these things. You try to continuously look down on black people as inferior and since their crimes do not affect you, and since you are not offering tangible solutions to their problems, what exactly is your interest in the Black Bahamian, what are you guilty of? Why are you so racially conscious when you don't live in a Black community?
John says...
The good is that these PLP boys are being caught with their hands in the cookie jar or otherwise in such a compromising position that they have to come out and admit. Shamed and embarrassed by their own actions in a way they cannot deny. And it seems that the more they try dig up skeletons and point fingers at the opposition, the more skeletons come rolling out their closets. Is it that there are that many skeletons in their closet they can't keep the door closed or that they have so many they forgot where they hid them. The PLP is imploding. Their leader cannot resist temptations to compare himself to God. (I think he was inebriated, but even then a drunk man speaks a sober mind). So all Hubert Minnis and other opposition need to do is stay the course. Stay focused and be alert. Don't make any outrageous statements or say anything that is unsubstantiated. Keep your hands clean and let the PLP's own actions and expositions lead them to a resounding defeat. And take the great, deceiving political harlot, who discouraged so many people from not registering, with them.
On Nygard gave Gibson $94,000: $5,000 a month paid to minister’s US bank account
Posted 25 April 2017, 5:07 a.m. Suggest removal
John says...
Valuation for tax purposes is done differently from appraisals for insurance and commercial value. It is done basically on square footage. So if you have, marble tiles, high cedar ceilings, air conditioner etc, those things does not affect your value for tax purposes. Now hush before you cause all of our taxes to go up.
On Symonette top of rich list with $156m declaration
Posted 25 April 2017, 4:52 a.m. Suggest removal
John says...
People like to say "the rich get richer and the poor get poorer." But many times the poor don't realize they are contributing to the rich getting richer and they themselves getting poorer. Take for example over the past few years The Bahamas, the Caribbean and all major parts of the world were flooded with so called 'cash for gold 'stores. These operations just popped up overnight night and they hoarded every Gramme of gold and every piece of fine jewelry they could place their paws on. People started robbing and breaking into homes in search of gold to go trade off and guess what? They were getting pennies on the dollar for these valuables stolen or not. The stores operated in such a way that even if culprits of robbery or home invasions were apprehended by the police by the time the police got to the store they were told that the items were already melted down or 'shipped out.' This is commonly called 'shallow mining ' where these people would come into depressed communities and buy up gold for a fraction of its value. Then they would polish and resell the really valuable items and resell the gold sometimes at 100 times what they paid for it. And because they make gold so scarce they drive up the price even more.
On Bahamas goes 4 years without GDP growth
Posted 24 April 2017, 9:56 p.m. Suggest removal
John says...
Many Bahamians fear that the Bahamian dollar will not devalue but the fact is the US dollar is in more danger of crashing than the Bahamian dollar. And, of course, since our dollar is tagged to the US dollar it will also fall. Some say we'll all the US has to do is print more money to pay its debts. The only country in the world that can do that. But it is not that simple. The Federal Reserve Bank that prints US money is not owned by the American government. It is owned by a group of private bankers. So when the Fed prints more money it is actually making a loan to the United States. This loan has an interest and has to be paid back. So when you have US currency in your pocket it is not real money, but it is money issued against a debt. So while you can use it to purchase goods and services, the currency itself has no value. Likewise for the Bahamian dollar. It is issued against debt. It is really a promissory note. And when the government stands to default on its debt the dollar will devalue or can even worthless.
On Bahamas goes 4 years without GDP growth
Posted 24 April 2017, 5:32 p.m. Suggest removal
John says...
The United States raised its taxes over the past four years, and even though they collected more revenue the National debt grew under Obama and America still has to continue to borrow money. The same thing has happened here in the Bahamas, where government increased taxes, almost mercilessly in a depressed economy. While this may have generated more revenue for government in the short term, it led to a stagnant and shrinking economy, as many businesses were forced to close or downsize their operations. Now the US president, Trump, is proposing to cut corporate taxes by up to 25% with hopes of stimulating the economy and generating economic growth. Of course any growth or boom in the US economy spills over into the Bahamas mainly by way of tourism. But it is time the Bahamas develop self sustaining industries and inter-island trade where more revenue is kept in the Bahamas and recirculated so as to generate additional funds. It will be very difficult to cut taxes in any substantial way in the immediate term because of the national debt and other financial obligations of the government. so government must find other means t stimulate growth.
On Bahamas goes 4 years without GDP growth
Posted 24 April 2017, 3:07 p.m. Suggest removal
John says...
First of all if you were a Bahamian you would never reference me as calling you ;"whitey' I don't know any white people personally so I have no reason to be racist towards them. And furthermore I don't think I have ever heard any black Bahamian use the term "whitey.". Secondly Politics and governance all around the world is set with challenges. Economies are sinking and peoples around the world are rising up against politicians who they perceive to be corrupt and dishonest, and more importantly, responsible for the turmoil their countries are in, financially and socially. And yes young people all around the world are falling prey to drug abuse and like here in the Bahamas, to drug warfare and violence. Whether this behavior is initiated or stimulated by what the US is doing with drug and food supplies does need further investigation. And there are many credible reports that expose the experiments that the CIA is doing and have done on young,black men starting all the way back in the 1950's. Yes we made foolish mistakes, as a country, and continued to borrow money when we were leveraged to our teeth. Bahamians love America and many oof us travel there, if no where else in the world. The US is referred to by Bahamians as our big brother to the North. And Bahamians, in their wildest dreams would not want to know that America is doing things to harm our young people or to lead to the demise or stagnation of our country. Oil has been discovered in Haiti as has been foud here. But because of the current situation of the oil market, it may be years or even decades before the powers allow us to pump oil here in the Bahamas or in Haiti.
On Man shot dead in his car in Augusta Street
Posted 24 April 2017, 2:53 p.m. Suggest removal
John says...
Most of these people hide their money or assets in companies so they only have to reveal the assets they hold personally. For example Commonwealth Bank is valued at $1.4 billion. At least 50% of this bank is owned by the (Brent) Symonette family. There were only 3 siblings so Brent's value in CB is around $250 million. Then he has other companies including Bahamas Hot Mix. So Brent is worth more than half a billion dollars. And if you go down the list and see that basically all the candidates, at least in the top halfof the list, real assets or true net worth are undervalued, simply because they only have to declare their personal assets and their personal liabilities not what is in holding companies.
On Symonette top of rich list with $156m declaration
Posted 24 April 2017, 2:32 p.m. Suggest removal
John says...
Who is the minister they claim was operating 35 shell companies and collecting money from government after giving himself millions and millions in contracts?
On Nygard gave Gibson $94,000: $5,000 a month paid to minister’s US bank account
Posted 24 April 2017, 12:08 p.m. Suggest removal
John says...
@ concerned citizen: tell me once where I referenced a white person, except to say that while you try to portray young, black Bahamian men as savage black killers, **ninety eight percent of all white persons murdered are killed by another white person.** Around the world and not just here in the bahamas, Ok. Second: It was not me that said that The CIA with the blessings of former presidents of the USA and your secretary of state was giving young black men chemicals that altered their behavior and turned them into predatory killers. The reports are well documented. Attack the person who released the report. I did not write it. Or prove the reports wrong. Go ahead and prove them wrong else accept them as fact and stop trying to defend it. Third; young black, men are not the only group fighting drug problems.Over 22 war vets commit suicide in the US everyday (OVER 8,000 a year!) War Vets dying wholesale after serving their country. That alone is 15 times the murder rate in the Bahamas. Many parts of the US are battling an epidemic of persons overdosing on prescription drug, "“It’s really sad and shocking to see how this opioid epidemic is destroying lives across the country”, said Jennifer McDonald, an ArrestRecords.com analyst. “Communities large and small are being torn apart, and this map and data really shows how bad it is.” And these are mostly white communities (payback maybe). Here are the top 10 drug overdosing cities for your easy perusal :The Top 10 Worst Big Cities for Drug Overdoses:
Dayton
Baltimore, MD.
Philadelphia, PA
New Bedford, MA
Birmingham, AL
Cincinnati
Warren, MI
Knoxville, TN
Albuquerque, NM
Toledo
And finally you, concerned citizen are a most deceptive, hatred filled, racial idiot on this page. You always post things that you want to say and claiming that someone else said it.
> "we don,t take any responsibility for
> our own behavior , sweethearting
> ,teefin ,lying killin
Are you trying to say that only Black people do these things. You try to continuously look down on black people as inferior and since their crimes do not affect you, and since you are not offering tangible solutions to their problems, what exactly is your interest in the Black Bahamian, what are you guilty of? Why are you so racially conscious when you don't live in a Black community?
On Man shot dead in his car in Augusta Street
Posted 24 April 2017, 10:18 a.m. Suggest removal
John says...
Congratulations team Bahamas!
On Bahamas give IAAF World Relays a golden finish
Posted 24 April 2017, 2:47 a.m. Suggest removal