Good way to ease the debt crunch. Tax the weed and sell it. Government gonna make mountains of money instead of raising taxes again. Tourists gonna line up for 100% pure Bahamian weed. Time to bring back "It's better in the Bahamas".
Good. They can start by disconnecting all the overdue accounts from politicians, their families and friends. That should bring in some more needed funds.
The CB is and has always been useless. It has done nothing to help the people or the economy. Prime example, why are B$ mortgage rates so much more than US$ rates? With a 1 to 1 currency peg, B$ rates should be at least in the same ballpark. A 10 year fixed mortgage is around 2.6% in the US right now. The only thing the CB does well is hinder investments, provide cushy jobs for political cronies, print money and print useless reports.
KapunkleUp says...
Good way to ease the debt crunch. Tax the weed and sell it. Government gonna make mountains of money instead of raising taxes again. Tourists gonna line up for 100% pure Bahamian weed. Time to bring back "It's better in the Bahamas".
On Commissioner: Marijuana still illegal - and you'll be locked up if caught with it
Posted 24 October 2020, 10:26 a.m. Suggest removal
KapunkleUp says...
Good times or bad, the rich always got money to spend. Wonder if I can get a unit with salary deduction...?
On $100m condo project to start in Spring 2021
Posted 23 October 2020, 11:59 a.m. Suggest removal
KapunkleUp says...
Chicken Davis and the gang always have 2 sets of plans... 1 for when they're in power and 1 for when they ain't.
On PLP oppose extension to state of emergency
Posted 22 October 2020, 10:32 a.m. Suggest removal
KapunkleUp says...
Chicken Davis just don't know when to keep his mouth shut and keep out of adult business.
On Legal action threatened in water corporation row
Posted 20 October 2020, 6:42 p.m. Suggest removal
KapunkleUp says...
FNM or PLP - different dogs, same fleas.
On New power plant deal 'weeks out'
Posted 19 October 2020, 3:13 p.m. Suggest removal
KapunkleUp says...
At this point, I doubt anything can be worse than the status quo we've had for so many years.
On New power plant deal 'weeks out'
Posted 19 October 2020, 10:21 a.m. Suggest removal
KapunkleUp says...
This guy has about as much credibility as a 3 legged roach.
On Bran: 'No justification' for curb-side retailing
Posted 16 October 2020, 10:04 p.m. Suggest removal
KapunkleUp says...
Good. They can start by disconnecting all the overdue accounts from politicians, their families and friends. That should bring in some more needed funds.
On Water Corp warns on disconnection restart
Posted 15 October 2020, 1:20 p.m. Suggest removal
KapunkleUp says...
And then wrap yourself in the Bahamian flag at the next opportunity...
On Weekend lockdowns for New Providence and Abaco
Posted 7 October 2020, 7:53 p.m. Suggest removal
KapunkleUp says...
The CB is and has always been useless. It has done nothing to help the people or the economy. Prime example, why are B$ mortgage rates so much more than US$ rates? With a 1 to 1 currency peg, B$ rates should be at least in the same ballpark. A 10 year fixed mortgage is around 2.6% in the US right now. The only thing the CB does well is hinder investments, provide cushy jobs for political cronies, print money and print useless reports.
On COVID 'worst time' to eye dollarisation
Posted 2 October 2020, 1:45 p.m. Suggest removal