This is so true! I can't count how many times you see an advertised price only to come to the cash register and get charged something completely different.
Yet another example of government ignorance and incompetence. Passing crypto laws only took a few weeks despite no one in government understanding the implications. Cannabis legalization has been on the table for years without success, despite the EU and the US already having passed such laws. If stupidity hurt, government would be rolling on the floor and crying 24/7.
The PM can act as cool as he wants but no one is going to believe him. He is neck deep in this debacle and, in all likelihood, is front and center at ordering every tiny step government is now taking.
I absolutely agree with you that government should be mindful of foreigners owing a lot of land BUT that should be reflected in a law(s). For example, any foreigner owning more than X acres has to develop within Y years or risk forfeiting the land or pay double/triple/etc... property tax. Selectively meddling in private transactions is not the correct way of doing it.
The only reason this even came to light is because John Ray reported the removal of assets. Based on the current public facts, the action by the Securities Commission looks like a burglar explaining he's the exterminator after the police catch him.
John Ray has been transparent with his findings and reports. Had the Securities Commission done the same and announced their actions on Nov. 12, this would not be breaking news. Instead this looks just like every other liquidation by government - an all you can eat buffet - while customers and creditors are standing outside the window looking in.
KapunkleUp says...
This is so true! I can't count how many times you see an advertised price only to come to the cash register and get charged something completely different.
On CHRISTMAS SHOWDOWN – Roberts: Price Control backed off after festive season shutdown threat
Posted 7 December 2022, 11:38 a.m. Suggest removal
KapunkleUp says...
Yet another example of government ignorance and incompetence. Passing crypto laws only took a few weeks despite no one in government understanding the implications. Cannabis legalization has been on the table for years without success, despite the EU and the US already having passed such laws. If stupidity hurt, government would be rolling on the floor and crying 24/7.
On MARIJUANA LAWS PLAN UP IN SMOKE: Promised legislation by end of year now ‘not likely’, says AG
Posted 6 December 2022, 8:46 a.m. Suggest removal
KapunkleUp says...
The PM can act as cool as he wants but no one is going to believe him. He is neck deep in this debacle and, in all likelihood, is front and center at ordering every tiny step government is now taking.
On PM: Authorities quiz FTX founder
Posted 2 December 2022, 9:45 a.m. Suggest removal
KapunkleUp says...
Government will probably keep him here until he is sucked dry. Only then will he be tossed out.
On ‘I did not try to commit FTX fraud’
Posted 1 December 2022, 10:11 a.m. Suggest removal
KapunkleUp says...
His numerous idiotic statements aside, I wonder what his current immigration status is.
On ‘I did not try to commit FTX fraud’
Posted 1 December 2022, 9:32 a.m. Suggest removal
KapunkleUp says...
I always said Albany is a different world. All they need is an airport and they can declare independence.
On FTX SPENT $300M ON PROPERTY BUYS: Court documents reveal valuation of real estate spree
Posted 23 November 2022, 9:23 a.m. Suggest removal
KapunkleUp says...
I absolutely agree with you that government should be mindful of foreigners owing a lot of land BUT that should be reflected in a law(s). For example, any foreigner owning more than X acres has to develop within Y years or risk forfeiting the land or pay double/triple/etc... property tax. Selectively meddling in private transactions is not the correct way of doing it.
On DEVELOPER SUES GOVT FOR $3BN: Austrian takes action over blocked project in Abaco’s Treasure Cay
Posted 22 November 2022, 10:34 a.m. Suggest removal
KapunkleUp says...
Government stepping into a private real estate transaction is a dangerous precedent and will have negative impacts on future foreign investors.
On DEVELOPER SUES GOVT FOR $3BN: Austrian takes action over blocked project in Abaco’s Treasure Cay
Posted 22 November 2022, 9:54 a.m. Suggest removal
KapunkleUp says...
The only reason this even came to light is because John Ray reported the removal of assets. Based on the current public facts, the action by the Securities Commission looks like a burglar explaining he's the exterminator after the police catch him.
On BAHAMAS REBUTS FTX ACCESS CLAIMS: Securities Commission given lawful permission to transfer assets to ‘a safer space’
Posted 18 November 2022, 9:08 a.m. Suggest removal
KapunkleUp says...
John Ray has been transparent with his findings and reports. Had the Securities Commission done the same and announced their actions on Nov. 12, this would not be breaking news. Instead this looks just like every other liquidation by government - an all you can eat buffet - while customers and creditors are standing outside the window looking in.
On BAHAMAS REBUTS FTX ACCESS CLAIMS: Securities Commission given lawful permission to transfer assets to ‘a safer space’
Posted 18 November 2022, 8:34 a.m. Suggest removal