Dear Mr. Policeman, please ignore all above bleeding hearts. You are doing a great job. We are asking you to do something very hard and dangerous and be assured that you have the absolute support of the vast majority of the Bahamian People. Keep on taking out the trash. The Bahamian People
PS: if you need more ammo or better firearms which kill for sure, just ask and it shall be given.
But I guess you would prefer that your children or grandchildren could choose a profession other than conch-breaker or room cleaner, right?
For that to happen, they need access to foreign markets. First they need education and after that they need access to foreign markets. Imagine how wonderful it would be if Bahamians could produce and sell their intellectual property from right here. Imagine a world full of Amos Fergusons (in their own fields, naturally), living, producing and selling right from here. Now imagine a world in which Amos Ferguson cannot sell any pictures abroad. You don't need to imagine. That is what you have at the moment for 1000s of young (and not so young) Bahamians who cannot design and sell their intellectual property. Look at me. Thousands and thousands of people buy my products. But to receive money from them I need to have a company in the US to invoice them as no electronic service will deal with the Bahamas. I spend 30% of my time figuring out how to get round all the moronic legislation imposed by either the Bahamas or the US. The WTO does away with it. It unlisheases creativity and business.
You might as well be explaining to 13th century people that the world is not flat. They lack the very basics of knowledge to be able to understand your argument. Like teaching 4x2=8 to people who have not mastered addition as yet.
But they obviously enjoy paying 65% more for everything they consume.
I have thought long and hard about this and my conclusion is that, unfortunately, the time for liberalisation has been and passed. There has never been a "currency union" in history that has not eventually failed. We have a currency union through our peg of 1:1. The time to have liberalized and let the B$ partially float was in the 90s. Then the B$ could have been allowed to slowly depreciate and it would have cushioned some of the terrible damage done to our economy in 2008.
Now is simply too late. If we floated now, the B$ would sink to 0.50 without touching the sides. The poor might not have any money, but they EARN money to buy food food. On that day, since we produce ZERO and import nearly all food, their daily breadbasket costs would double. There would be rioting and murder all around us.
Our only reasonable solution now is to abolish the B$ entirely. Let us face it, 400k people on some sandbanks, producing nearly nothing and importing nearly 100% of their needs are not a real economy and do not need a real currency. We can just retire all B$, exchange them for US$ and then all would be much simpler: we can cut the Central bank staff in 1/2, we can let the banks do their job, we can cut the interest rate premium considerably. That would unshackle creativity and bring opportunity. Lets just do it.
The average Bahamian family cannot afford fish because it is ridiculously expensive relative to what it should be, given that it is right here on our doorstep, and because they work for minimum wage at those burger joints.
Tax the burger joints and use the proceeds to give free fuel to the fishermen and subsidize the price of fish. We will have all the food in the world at a price cheaper than a burger.
We have an inexhaustible supply of the healthiest food there is: fish.
But no, we would rather eat shit produced by our American cousins.
Stick a 1000% duty on all those burgers and other crap the Yanks send over here. Or better still, charge every outlet $10m/year to even open their doors.
Once we remove the poison sold by the Americans, we can go back to eating healthy fish.
It is really mind boggling that you can have this problem on an island 20 by 7.
4-5 road blocks. Show papers. No insurance? You lose the car. Crushed. Problem solved.
How frigging difficult is that?
It's just that nobody cares enough to do anything. Very good at whining about problems. Doing something, however easy, to solve them? Not in the Bahamas.
I must say that I have never come across this kind of "time restricted right" in any other Constitution. The Constitution is there to provide rights. Providing a right between the ages of 18 and 19 is...just odd, when you think about it. But this is an odd country.
OldFort2012 says...
Dear Mr. Policeman,
please ignore all above bleeding hearts. You are doing a great job. We are asking you to do something very hard and dangerous and be assured that you have the absolute support of the vast majority of the Bahamian People. Keep on taking out the trash.
The Bahamian People
PS: if you need more ammo or better firearms which kill for sure, just ask and it shall be given.
On Police kill armed man near school playground
Posted 13 February 2018, 1:43 p.m. Suggest removal
OldFort2012 says...
But I guess you would prefer that your children or grandchildren could choose a profession other than conch-breaker or room cleaner, right?
For that to happen, they need access to foreign markets. First they need education and after that they need access to foreign markets. Imagine how wonderful it would be if Bahamians could produce and sell their intellectual property from right here. Imagine a world full of Amos Fergusons (in their own fields, naturally), living, producing and selling right from here.
Now imagine a world in which Amos Ferguson cannot sell any pictures abroad. You don't need to imagine. That is what you have at the moment for 1000s of young (and not so young) Bahamians who cannot design and sell their intellectual property. Look at me. Thousands and thousands of people buy my products. But to receive money from them I need to have a company in the US to invoice them as no electronic service will deal with the Bahamas. I spend 30% of my time figuring out how to get round all the moronic legislation imposed by either the Bahamas or the US. The WTO does away with it. It unlisheases creativity and business.
On 'Deathly afraid' for local ownership under WTO
Posted 13 February 2018, 10:01 a.m. Suggest removal
OldFort2012 says...
Here is one, small reason: you will no longer pay double the price in Miami (at least) for anything you care to mention.
On 'Deathly afraid' for local ownership under WTO
Posted 13 February 2018, 7:59 a.m. Suggest removal
OldFort2012 says...
You might as well be explaining to 13th century people that the world is not flat. They lack the very basics of knowledge to be able to understand your argument. Like teaching 4x2=8 to people who have not mastered addition as yet.
But they obviously enjoy paying 65% more for everything they consume.
On 'Deathly afraid' for local ownership under WTO
Posted 13 February 2018, 7:55 a.m. Suggest removal
OldFort2012 says...
Or drastically right. Keep on killing them, Mr. Policeman. The more, the better.
On ‘Dealer’ dies in police gun battle
Posted 12 February 2018, 1:14 p.m. Suggest removal
OldFort2012 says...
I have thought long and hard about this and my conclusion is that, unfortunately, the time for liberalisation has been and passed.
There has never been a "currency union" in history that has not eventually failed. We have a currency union through our peg of 1:1. The time to have liberalized and let the B$ partially float was in the 90s. Then the B$ could have been allowed to slowly depreciate and it would have cushioned some of the terrible damage done to our economy in 2008.
Now is simply too late. If we floated now, the B$ would sink to 0.50 without touching the sides. The poor might not have any money, but they EARN money to buy food food. On that day, since we produce ZERO and import nearly all food, their daily breadbasket costs would double. There would be rioting and murder all around us.
Our only reasonable solution now is to abolish the B$ entirely. Let us face it, 400k people on some sandbanks, producing nearly nothing and importing nearly 100% of their needs are not a real economy and do not need a real currency. We can just retire all B$, exchange them for US$ and then all would be much simpler: we can cut the Central bank staff in 1/2, we can let the banks do their job, we can cut the interest rate premium considerably. That would unshackle creativity and bring opportunity. Lets just do it.
On Exchange control push is a 'devaluation hedge'
Posted 11 February 2018, 7:17 a.m. Suggest removal
OldFort2012 says...
The average Bahamian family cannot afford fish because it is ridiculously expensive relative to what it should be, given that it is right here on our doorstep, and because they work for minimum wage at those burger joints.
Tax the burger joints and use the proceeds to give free fuel to the fishermen and subsidize the price of fish. We will have all the food in the world at a price cheaper than a burger.
On Govt aiming to 'stop bread basket poison'
Posted 9 February 2018, 4:11 a.m. Suggest removal
OldFort2012 says...
We have an inexhaustible supply of the healthiest food there is: fish.
But no, we would rather eat shit produced by our American cousins.
Stick a 1000% duty on all those burgers and other crap the Yanks send over here. Or better still, charge every outlet $10m/year to even open their doors.
Once we remove the poison sold by the Americans, we can go back to eating healthy fish.
On Govt aiming to 'stop bread basket poison'
Posted 8 February 2018, 9:49 p.m. Suggest removal
OldFort2012 says...
It is really mind boggling that you can have this problem on an island 20 by 7.
4-5 road blocks. Show papers. No insurance? You lose the car. Crushed. Problem solved.
How frigging difficult is that?
It's just that nobody cares enough to do anything. Very good at whining about problems. Doing something, however easy, to solve them? Not in the Bahamas.
On Driver protection fund hit by 40% 'uninsured' ratio
Posted 8 February 2018, 6:46 a.m. Suggest removal
OldFort2012 says...
I must say that I have never come across this kind of "time restricted right" in any other Constitution. The Constitution is there to provide rights. Providing a right between the ages of 18 and 19 is...just odd, when you think about it.
But this is an odd country.
On Free at last
Posted 6 February 2018, 1:41 p.m. Suggest removal