i hope when they start dishing out crown land to bahamians, they put a 'no sale' provision in the document. too many folks got crown land just to resell at a prince's sum. remember Exuma and the Lands and Survey man?
Cartwright is correct, but problem is the southern islands have always been more or less irrelevant to the national economy and thats why they get no attention. suppose this was Abaco? whole different story. politicians only see votes and business people money.
the costs are out of control because of overstaffing (Minister's words), airplanes too big and too expensive to operate for the amount of passengers traveling domestically, low market share internationally because it has no airline partners to feed passengers, equipment mismatched to routes flown (miami amd fort lauderdale aren't jet routes, too short), bloated staff costs inconsistent with a small, heavily subsidised and loss making operation, etc., etc. The question remains how much taxpayer money can a bankrupt gov't continue to throw into this bottomless pit called Bahamasair? It is wrong to suggest private operators would not touch thin domestic routes. you just cant do it against a subsidised operator flying superior equipment. Jamaica and Trinidad with larger populations, a significant diaspora in the US and no domestic service couldn't survive, so how much more that should apply to Bahamasair.
under the circumstances, seems the best thing to do is to abandon this project. The FNM appears to be unable to govern effectively so all major decisions should be deferred while they seek out and engage the advice of specialists before making any other major policy or investment decisions. if one thing is clear, it has to be that corrupt practices and outright incompetence, seem to be characteristics that define our politicians.. we seem to be unable to overcome this yoke around our necks.. we are always blindsided whether by Oban or OECD.. how is it we never know anything beforehand?
hope for the best, but expect the worse... we need our people at the UN, who are living large in NY at our expense, to get in the huddle with the other despised States and see what we can do together, if only in a symbolic way, to push back. call it an act of aggression or something, but dont just sit on your ass and accept everything thats pushed in your direction.
i agree with John. they need to police their own people and businesses but instead put the responsibility on foreign governments.. its simple, so easy to bully small, defenceless states.. they know full well these states will come crawling and begging for mercy, then they will impose even more requirements. when you give into this kind of economic terrorism, you invite even more. its nothing more than a coup since gov't policy in this area at least, will now be dictated overseas..
The EU is hell-bent on ensuring that their nationals dont escape one euro of taxes. how that came to be our problem is beyond me, but they write the rules of the game. frankly i think we lose no matter what we do. KP and BS should save that travel money as i fear the outcome is a done deal. The OECD screwed up when they allowed 2 options for compliance but in fact really only wanted one, the automatic exchange mechanism, and when we chose the option they didn't like, the dye was cast. they fired warning shots through their mouthpiece the Economist magazine, but we didn't heed.
i dont see why the Report would affect morale. this is a small country and WSC a very small.operation. i'm sure most who worked there would have heard rumours, bahamians talk a lot. so really, only those of us who are not WSC staff should be demoralized to learn of yet more apparent corruption and mismanagement at another sorry gov't corporation. what they should be demoralized about is why instead of fighting to make sure we get good water, they remove such a requirement from the contract. again, we are getting screwed by our own, not the foreigner.
Socrates says...
i hope when they start dishing out crown land to bahamians, they put a 'no sale' provision in the document. too many folks got crown land just to resell at a prince's sum. remember Exuma and the Lands and Survey man?
On NOT FOR SALE: No more private islands
Posted 21 March 2018, 10:40 a.m. Suggest removal
Socrates says...
sheeprunner i like your perspective.. don't be discouraged..
On Long Island losing hope over banking solution
Posted 19 March 2018, 10:59 a.m. Suggest removal
Socrates says...
Cartwright is correct, but problem is the southern islands have always been more or less irrelevant to the national economy and thats why they get no attention. suppose this was Abaco? whole different story. politicians only see votes and business people money.
On Long Island losing hope over banking solution
Posted 19 March 2018, 9:05 a.m. Suggest removal
Socrates says...
the costs are out of control because of overstaffing (Minister's words), airplanes too big and too expensive to operate for the amount of passengers traveling domestically, low market share internationally because it has no airline partners to feed passengers, equipment mismatched to routes flown (miami amd fort lauderdale aren't jet routes, too short), bloated staff costs inconsistent with a small, heavily subsidised and loss making operation, etc., etc. The question remains how much taxpayer money can a bankrupt gov't continue to throw into this bottomless pit called Bahamasair? It is wrong to suggest private operators would not touch thin domestic routes. you just cant do it against a subsidised operator flying superior equipment. Jamaica and Trinidad with larger populations, a significant diaspora in the US and no domestic service couldn't survive, so how much more that should apply to Bahamasair.
On Gov’ts signals ‘go close your doors’ on Bahamasair
Posted 16 March 2018, 2:03 p.m. Suggest removal
Socrates says...
i agree, it may just be easier to say to europeans 'sorry, you can deposit money here or setup an IBC, etc.'..bye.
On EU warning to Bahamas: Tax system ‘harmful’
Posted 15 March 2018, 6:35 a.m. Suggest removal
Socrates says...
under the circumstances, seems the best thing to do is to abandon this project. The FNM appears to be unable to govern effectively so all major decisions should be deferred while they seek out and engage the advice of specialists before making any other major policy or investment decisions. if one thing is clear, it has to be that corrupt practices and outright incompetence, seem to be characteristics that define our politicians.. we seem to be unable to overcome this yoke around our necks.. we are always blindsided whether by Oban or OECD.. how is it we never know anything beforehand?
On Minnis aims to avoid ‘blindsiding’ on Oban deal
Posted 15 March 2018, 6:28 a.m. Suggest removal
Socrates says...
hope for the best, but expect the worse... we need our people at the UN, who are living large in NY at our expense, to get in the huddle with the other despised States and see what we can do together, if only in a symbolic way, to push back. call it an act of aggression or something, but dont just sit on your ass and accept everything thats pushed in your direction.
On Don’t panic - EU’s ban won’t last long
Posted 14 March 2018, 11:02 a.m. Suggest removal
Socrates says...
i agree with John. they need to police their own people and businesses but instead put the responsibility on foreign governments.. its simple, so easy to bully small, defenceless states.. they know full well these states will come crawling and begging for mercy, then they will impose even more requirements. when you give into this kind of economic terrorism, you invite even more. its nothing more than a coup since gov't policy in this area at least, will now be dictated overseas..
On Bahamas “blacklisted” by European Union
Posted 14 March 2018, 8:50 a.m. Suggest removal
Socrates says...
The EU is hell-bent on ensuring that their nationals dont escape one euro of taxes. how that came to be our problem is beyond me, but they write the rules of the game. frankly i think we lose no matter what we do. KP and BS should save that travel money as i fear the outcome is a done deal. The OECD screwed up when they allowed 2 options for compliance but in fact really only wanted one, the automatic exchange mechanism, and when we chose the option they didn't like, the dye was cast. they fired warning shots through their mouthpiece the Economist magazine, but we didn't heed.
On Last-ditch bid to halt EU blacklist
Posted 13 March 2018, 10:44 a.m. Suggest removal
Socrates says...
i dont see why the Report would affect morale. this is a small country and WSC a very small.operation. i'm sure most who worked there would have heard rumours, bahamians talk a lot. so really, only those of us who are not WSC staff should be demoralized to learn of yet more apparent corruption and mismanagement at another sorry gov't corporation. what they should be demoralized about is why instead of fighting to make sure we get good water, they remove such a requirement from the contract. again, we are getting screwed by our own, not the foreigner.
On 'Nosedive' in WSC morale
Posted 12 March 2018, 6:35 a.m. Suggest removal