Comment history

The_Oracle says...

The Primary Failure responsible for Freeport Belongs to Government, stemming not just from "bend or break" but a complete lack of transparency surrounding all subsequent "deals" between Successive Government administrations and the GBPA operating principals.
Licensees have been consistently trampled by government and port alike and never consented to the myriad of changes and amendments, done "ultra vires"
The repeat of a Bend or Break approach will no doubt re-create another disaster of the past, known as Hatchet Bay.

The_Oracle says...

So how exactly does the land revert to Government in 2054? Appropriation? Quieting Title?
The airport? The Port would be responsible except the Government Took it over.
Same with the Hotel. The transition from Current ownership to the chosen government contender smells rife with subterfuge, special interests. After 4 major Hurricanes Freeport still looks better than 90% of Nassau. Surely Mr. Mitchel doth jest?

On Mitchell and GBPA spar over investments

Posted 6 June 2023, 9:40 a.m. Suggest removal

The_Oracle says...

They just can't help themselves but consistently do help themselves.

The_Oracle says...

Everyone gets a trophy, no one, least of all society, wins.

The_Oracle says...

Revenues from Grand Bahama are down, so let's shake everyones confidence in GB and knock it down further by making blustery statements.
The HCA functions as well as Government and the port Principals allow it to.
Lest we not forget the government attacks that come like the locusts every 5-7 years.
That the Port Authority has not lived up to the HCA and its amendments speaks volumes about ownership and successive Governments both.No Government has ever acted properly as Government should.

The_Oracle says...

"Expressing surprise that Mr Halkitis had revealed the "rebates", which the Davis administration had requested petroleum dealers stay silent on," so they get a $6mil rebate, in secret. Wow.
People need to wake up to the fact that gifts from government come at a stiff cost, in this case, to the public. Insanity.

The_Oracle says...

I still want to know which politicos got concessions to operate restaurants/shops, and no doubt pressured the dirty deal. Seems all our former Prime Ministers legacies turn to fertilizer.

The_Oracle says...

Fat until they've pillaged everything there is, which won't be much.

The_Oracle says...

Demanding accountability when they provide none themselves, how typical.
Government, creating new and improved reasons to roll out!

The_Oracle says...

Indentured servitude under the misnomer of taxation.
This has been coming since 2004, but we don't read or even want to know.
Until it appears inevitable, and even then we just want someone to tell us we will be alright.
And duty rates were negotiated to come down to 8-10% by 2025.
We shall see what we shall see.