That GDP growth is not going to happen unless we miraculously find gold in this country. The coming recession in the States is not going to do us any favours either. Hope that government is saving something up from all of this VAT they are raking in.
I don't think that begging for climate change reparations is a solution either; firstly, most powers don't really care as it's not their problem, and secondly, there is no evidence that Dorian or any other major hurricane that has impacted us was caused by "climate change". You will need a significant amount of evidence to prove that claim in court, and so far I have seen none. The Bahamas has always been prone to severe hurricanes, especially in "Hurricane Alley", they are not a new occurrence by any means and that is the first thing these countries will point out.
The real root of our economic woes is the frivolous government spending combined with what I call "contract culture" (ie. corruption). Economic growth is meaningless if it is all going to be wasted/given away, and unfortunately I don't see a political solution for that.
Why the secrecy, because we all know they are going to be eating good for a little while.
I am always reminded of this quote by Gladstone when reading about Bahamian politics :
> The British Constitution presumes more boldly than any other the good sense and the good faith of those who work it.
Quite frankly, our political system was built for honest, God fearing people that would rule in the best interests of the public. Quite frankly, we don't have those people here. As such, politicians have unlimited power to whatever they please and can screw over the Bahamian public as much as they want without any consequence. What are Bahamians going to do, vote them out and put in the other party full of the same gangsters wearing a different colour? All they have to do is wait another 5 years to get back in government anyways.
We are a failed nation that has only survived because we are literally 50 miles offshore from the United States. Governing the Bahamas is literally running a country on easy mode, all you have to do is exist and US dollars will come flocking into your country. Had we been situated 500 miles further south, we would be a Haiti or Jamaica tier failed state. We have the very same rot infesting our government, but it is just masked by the economic lifeboat that the US provides.
Proof of work cannot be forged, which is why blockchain is going to become industry standard in the coming years. We will eventually see a digital national ID based on blockchain as well.
Regarding crypto, most people invest into shitcoins and then wonder why they lose their money. Follow the whales with Bitcoin, it really is that simple. Buy low when they dump, and sell high when they pump.
To be honest, having a permanent voter register is very concerning for me. I have a sad feeling that the graveyard constituency is going to become influential in upcoming elections.
Reminds me of when insurance companies tried to refuse giving out policies on Abaco post-Dorian. If you are not going to give out insurance, why bother being in business?
To be honest, I would never buy an electric vehicle for use in the Bahamas solely due to BPL. The price of gas is rarely ever high enough to say that paying BPL would be cheaper, not to mention that you probably won't be able to charge the batteries a good portion of the time.
Better compromise might be hybrid, but good luck finding a mechanic qualified to work on them.
LastManStanding says...
That GDP growth is not going to happen unless we miraculously find gold in this country. The coming recession in the States is not going to do us any favours either. Hope that government is saving something up from all of this VAT they are raking in.
I don't think that begging for climate change reparations is a solution either; firstly, most powers don't really care as it's not their problem, and secondly, there is no evidence that Dorian or any other major hurricane that has impacted us was caused by "climate change". You will need a significant amount of evidence to prove that claim in court, and so far I have seen none. The Bahamas has always been prone to severe hurricanes, especially in "Hurricane Alley", they are not a new occurrence by any means and that is the first thing these countries will point out.
The real root of our economic woes is the frivolous government spending combined with what I call "contract culture" (ie. corruption). Economic growth is meaningless if it is all going to be wasted/given away, and unfortunately I don't see a political solution for that.
On ECONOMY CRASHED $9.5BN FROM COVID: Full impact of crisis laid bare - including $2.4bn in lost wages
Posted 7 July 2022, 10:43 a.m. Suggest removal
LastManStanding says...
Excellent write up, agreed 100%.
On ALICIA WALLACE: Same old, same old - the bodies pile up with no solutions ever offered
Posted 7 July 2022, 10:26 a.m. Suggest removal
LastManStanding says...
Boris was the best out of a bad bunch. Not that he was the best, the replacement options are simply far worse.
On INTERNATIONAL NEWS: Britain's Boris Johnson resigning as PM amid scandal
Posted 7 July 2022, 10:23 a.m. Suggest removal
LastManStanding says...
I have an idea, how about you guys figure out how to keep the power on before raising prices?
On Sears – no decision on power pricing change
Posted 5 July 2022, 1:42 p.m. Suggest removal
LastManStanding says...
I don't have any hopes for this nation, I live in reality. Wishful thinking will leave you disappointed every single time.
On 49th Anniversary of Independence: What are your hopes for the future of the nation?
Posted 5 July 2022, 1:32 p.m. Suggest removal
LastManStanding says...
Why the secrecy, because we all know they are going to be eating good for a little while.
I am always reminded of this quote by Gladstone when reading about Bahamian politics :
> The British Constitution presumes more boldly than any other the good sense and the good faith of those who work it.
Quite frankly, our political system was built for honest, God fearing people that would rule in the best interests of the public. Quite frankly, we don't have those people here. As such, politicians have unlimited power to whatever they please and can screw over the Bahamian public as much as they want without any consequence. What are Bahamians going to do, vote them out and put in the other party full of the same gangsters wearing a different colour? All they have to do is wait another 5 years to get back in government anyways.
We are a failed nation that has only survived because we are literally 50 miles offshore from the United States. Governing the Bahamas is literally running a country on easy mode, all you have to do is exist and US dollars will come flocking into your country. Had we been situated 500 miles further south, we would be a Haiti or Jamaica tier failed state. We have the very same rot infesting our government, but it is just masked by the economic lifeboat that the US provides.
On Why the secrecy on police settlements?
Posted 5 July 2022, 1:30 p.m. Suggest removal
LastManStanding says...
Proof of work cannot be forged, which is why blockchain is going to become industry standard in the coming years. We will eventually see a digital national ID based on blockchain as well.
Regarding crypto, most people invest into shitcoins and then wonder why they lose their money. Follow the whales with Bitcoin, it really is that simple. Buy low when they dump, and sell high when they pump.
On ‘No Bahamas slowdown’ from crypto winter freeze
Posted 5 July 2022, 1:14 p.m. Suggest removal
LastManStanding says...
To be honest, having a permanent voter register is very concerning for me. I have a sad feeling that the graveyard constituency is going to become influential in upcoming elections.
On Minnis fires off letter at Sands ‘interference’
Posted 30 June 2022, 5:55 p.m. Suggest removal
LastManStanding says...
Reminds me of when insurance companies tried to refuse giving out policies on Abaco post-Dorian. If you are not going to give out insurance, why bother being in business?
On ‘No bang for the buck’: Insurer eases off motor
Posted 30 June 2022, 5:46 p.m. Suggest removal
LastManStanding says...
To be honest, I would never buy an electric vehicle for use in the Bahamas solely due to BPL. The price of gas is rarely ever high enough to say that paying BPL would be cheaper, not to mention that you probably won't be able to charge the batteries a good portion of the time.
Better compromise might be hybrid, but good luck finding a mechanic qualified to work on them.
On Yachts and rising debt
Posted 30 June 2022, 5:44 p.m. Suggest removal