Nice try to put some lipstick on the pig. Fact is FTC described as the second largest crypto exchange in the world went up in smoke in a few hours. This is unprecedented and it took place in our jurisdiction. Not the type of publicity we want to have, and it will have far reaching consequences.
I never understood the logic of lowering duty and the costs to land electric vehicles like Teslas. These are cars only the rich can afford. The Bahamian who imports a 10 years old Cube will pay more (in percentage) than the Lyford Cay millionaire who buys a Tesla. To add insult to injury the government was subsidizing the cost of electricity in the last months.
Also, as we burn bunker fuel to produce electricity there is no ecological argument for EVs in the Bahamas.
Yep, it would have been better to put $65m in the island infrastructure. This is the role of government. Buying dilapidated hotels on the other hand is not what the government is supposed to do, but we never learn...
Charlie Harper should do some research before posting his left wing opinion pieces. The man who allegedly attacked Paul Pelosi is an illegal immigrant, so if someone is to blame it is the US government for not cracking down on illegal aliens.
Proguing says...
and pirates...
On ‘FTX forced sale will not undermine’ nation plans
Posted 10 November 2022, 8:40 a.m. Suggest removal
Proguing says...
One more from Bloomberg:
FTX’s Financial Black Hole Leaves Binance Balking at Rescue Plan
Binance unlikely to complete takeover, person familiar says
Gap between FTX assets and liabilities may be in the billions
https://www.bloomberg.com/news/articles…
On ‘FTX forced sale will not undermine’ nation plans
Posted 9 November 2022, 3:27 p.m. Suggest removal
Proguing says...
More breaking news:
FTX Faces Probe From US Regulators for Lending and Client Fund Handling
https://watcher.guru/news/ftx-faces-pro…
and Alameda's website goes "private":
https://www.alameda-research.com/
On ‘FTX forced sale will not undermine’ nation plans
Posted 9 November 2022, 2:48 p.m. Suggest removal
Proguing says...
Breaking news:
Most of FTX’s legal and compliance staff have quit
https://www.semafor.com/article/11/09/2…
Binance Is Strongly Leaning Toward Scrapping FTX Rescue Takeover After First Glance at Books
https://www.coindesk.com/business/2022/…
On ‘FTX forced sale will not undermine’ nation plans
Posted 9 November 2022, 1:30 p.m. Suggest removal
Proguing says...
Nice try to put some lipstick on the pig. Fact is FTC described as the second largest crypto exchange in the world went up in smoke in a few hours. This is unprecedented and it took place in our jurisdiction. Not the type of publicity we want to have, and it will have far reaching consequences.
On ‘FTX forced sale will not undermine’ nation plans
Posted 9 November 2022, 11:02 a.m. Suggest removal
Proguing says...
I never understood the logic of lowering duty and the costs to land electric vehicles like Teslas. These are cars only the rich can afford. The Bahamian who imports a 10 years old Cube will pay more (in percentage) than the Lyford Cay millionaire who buys a Tesla. To add insult to injury the government was subsidizing the cost of electricity in the last months.
Also, as we burn bunker fuel to produce electricity there is no ecological argument for EVs in the Bahamas.
On Zero logic on electric vehicles
Posted 9 November 2022, 8:31 a.m. Suggest removal
Proguing says...
Yep, it would have been better to put $65m in the island infrastructure. This is the role of government. Buying dilapidated hotels on the other hand is not what the government is supposed to do, but we never learn...
On ‘I told you so’: $100m Lucayan sale collapses
Posted 8 November 2022, 10:56 a.m. Suggest removal
Proguing says...
Can we get downgraded any lower?
On 2,000 GOVT STAFF OFFERED PAY RISE: Proposals on increases put forward to Bahamas Public Service Union
Posted 7 November 2022, 5:16 p.m. Suggest removal
Proguing says...
Charlie Harper should do some research before posting his left wing opinion pieces. The man who allegedly attacked Paul Pelosi is an illegal immigrant, so if someone is to blame it is the US government for not cracking down on illegal aliens.
On STATESIDE: Political violence in the US
Posted 4 November 2022, 8:46 a.m. Suggest removal
Proguing says...
We need price control regulations for attorneys. Maximum $20 per hour!
On PM: PHARMACISTS MUST OBEY RULES – Davis warns sector over price controls even as meeting held
Posted 3 November 2022, 10:34 a.m. Suggest removal