The writing is on the wall; foreign financial institutions like RBC have started embarking on their well planned exit strategy from an increasingly corrupt Caribbean/West Indies Region in which they are confronted with too much business risk and very limited business opportunities. Senior RBC officials in Canada are meeting daily to discuss/monitor the BOB situation. The mantra seems to be: if a bahamian govt owned bank with deposit funds from the public is vulnerable and rife with corruption, what does this say about the level of corruption at the top of the bahamian govt!! the tone at the top is set by the pm and the waters are now much "too hot" for most canadian financial institutions who have operated in our country for many years. time for canadian banks to contain losses by packing up and saying good-bye!!! the bell doth toll for the bahamas.
We can't afford the equipment needed to check radiation levels because the U.S. Govt has our Bahamian spending $63 million plus on a FATCA reporting system to help the U.S. collect taxes from its own dishonest citizenry without any benefit whatsoever for the Bahamas. Our stupid Bahamian Govt should have negotiated an arrangement whereby our Public Treasury collects 50 cents for every dollar we help the U.S. Govt collect from its own tax cheats, with the U.S. Govt picking up the costs of everything the Bahamian Govt must do in order to allow the U.S. Govt to go after its own tax cheating citizenry.
The U.S. Govt is going to sit back and have a financially strapped nation like the Bahamas spend $63 million to help the U.S. Govt collect taxes from dishonest U.S. taxpayers! This is an absolute absurdity!! We have a resource-starved educational system in the Bahamas that short changes all students of a better education because of this nonsensical bullying by the U.S. Govt which is only prepared to throw us a bone every now and again in the form of a fast boat or some other piece of equipment that serves their interests more than ours. We would be better off without U.S. immigration and customs pre-clearance facilities; welcome the Chinese with open arms and grant them (rather than the U.S.) deep water submarine access to the Tongue of The Ocean. It's about time someone in our country stood up with the necessary backbone to tell Uncle Sam: enough is enough!!!!!
Ryan Pinder has done nothing to protect the rights of the Bahamian citizen by birth who also happens to be a U.S. national so why should he bother to protect the rights of the Bahamian by birth who also happens to be a national of an OECD country. This guy Pinder is no friend of many dual national voting Bahamians, and at worst an agent of the U.S. government and friend of the OECD planted amongst us! Rumours abound everywhere that his father had very close ties to the U.S. government when the PLP was under the reign of Poodling.
What do you expect from this guy Smith? Isn't he married to Franky (Snake) Wilson's daughter? Most who knew him when he worked at a local bank and then at a local accounting firm many moons ago remember him as not being the brightest crayon in the box. Poor guy has always found himself lacking what it takes upstairs!
130 people with their heads buried in the sand. Truth be told...a high crime police state will never be a viable offshore financial centre......it's really as simple as that!
This guy Minnis is nothing but a ranting raving lunatic with a short fuse. No matter what blunders the PLP may make, the FNM is going nowhere with Minnis at the helm and the party is making a classic political mistake in not appreciating the significance to which Minnis is an enormous drag on the party's objectives. Most people in the "minority community" know him well for exactly what he is!
Reality_Check says...
The writing is on the wall; foreign financial institutions like RBC have started embarking on their well planned exit strategy from an increasingly corrupt Caribbean/West Indies Region in which they are confronted with too much business risk and very limited business opportunities. Senior RBC officials in Canada are meeting daily to discuss/monitor the BOB situation. The mantra seems to be: if a bahamian govt owned bank with deposit funds from the public is vulnerable and rife with corruption, what does this say about the level of corruption at the top of the bahamian govt!! the tone at the top is set by the pm and the waters are now much "too hot" for most canadian financial institutions who have operated in our country for many years. time for canadian banks to contain losses by packing up and saying good-bye!!! the bell doth toll for the bahamas.
On Royal Bank: No plans for Bahamian disposal
Posted 30 January 2014, 5:36 p.m. Suggest removal
Reality_Check says...
We can't afford the equipment needed to check radiation levels because the U.S. Govt has our Bahamian spending $63 million plus on a FATCA reporting system to help the U.S. collect taxes from its own dishonest citizenry without any benefit whatsoever for the Bahamas. Our stupid Bahamian Govt should have negotiated an arrangement whereby our Public Treasury collects 50 cents for every dollar we help the U.S. Govt collect from its own tax cheats, with the U.S. Govt picking up the costs of everything the Bahamian Govt must do in order to allow the U.S. Govt to go after its own tax cheating citizenry.
On Concerns raised over lack of radiation checks on shipments
Posted 30 January 2014, 5:18 p.m. Suggest removal
Reality_Check says...
The U.S. Govt is going to sit back and have a financially strapped nation like the Bahamas spend $63 million to help the U.S. Govt collect taxes from dishonest U.S. taxpayers! This is an absolute absurdity!! We have a resource-starved educational system in the Bahamas that short changes all students of a better education because of this nonsensical bullying by the U.S. Govt which is only prepared to throw us a bone every now and again in the form of a fast boat or some other piece of equipment that serves their interests more than ours. We would be better off without U.S. immigration and customs pre-clearance facilities; welcome the Chinese with open arms and grant them (rather than the U.S.) deep water submarine access to the Tongue of The Ocean. It's about time someone in our country stood up with the necessary backbone to tell Uncle Sam: enough is enough!!!!!
On Gov't: FATCA system bids peak at $63m
Posted 30 January 2014, 5:08 p.m. Suggest removal
Reality_Check says...
Ryan Pinder has done nothing to protect the rights of the Bahamian citizen by birth who also happens to be a U.S. national so why should he bother to protect the rights of the Bahamian by birth who also happens to be a national of an OECD country. This guy Pinder is no friend of many dual national voting Bahamians, and at worst an agent of the U.S. government and friend of the OECD planted amongst us! Rumours abound everywhere that his father had very close ties to the U.S. government when the PLP was under the reign of Poodling.
On Bahamas resisting US push to help OECD with taxes
Posted 30 January 2014, 3:44 p.m. Suggest removal
Reality_Check says...
What do you expect from this guy Smith? Isn't he married to Franky (Snake) Wilson's daughter? Most who knew him when he worked at a local bank and then at a local accounting firm many moons ago remember him as not being the brightest crayon in the box. Poor guy has always found himself lacking what it takes upstairs!
On Brown is reinstated at hospital authority
Posted 30 January 2014, 3:30 p.m. Suggest removal
Reality_Check says...
130 people with their heads buried in the sand. Truth be told...a high crime police state will never be a viable offshore financial centre......it's really as simple as that!
On Over 130 attend BFSB's summit
Posted 30 January 2014, 3:20 p.m. Suggest removal
Reality_Check says...
The British Empire celebrates July 10, 1973 in a way that most Bahamians will never come to know but really should understand and appreciate.
On Warship docks for Bahamas visit
Posted 28 January 2014, 4:06 p.m. Suggest removal
Reality_Check says...
This guy Minnis is nothing but a ranting raving lunatic with a short fuse. No matter what blunders the PLP may make, the FNM is going nowhere with Minnis at the helm and the party is making a classic political mistake in not appreciating the significance to which Minnis is an enormous drag on the party's objectives. Most people in the "minority community" know him well for exactly what he is!
On FNM: BTC deal is a betrayal
Posted 24 January 2014, 4:04 p.m. Suggest removal
Reality_Check says...
PM reminds me of that famous line in the 1994 movie Forest Gump:
"Stupid is as stupid does"!
On No control of BTC for govt
Posted 23 January 2014, 3:09 p.m. Suggest removal
Reality_Check says...
What a joke!
On No control of BTC for govt
Posted 23 January 2014, 11:56 a.m. Suggest removal