I'm actually serious on this one. I recognize people for what they're good at. Do I think he should lead a class on negotiations, no. But if he spoke about networking which is an important skill for a leader, I could see value in that. And he's an expert.
I seriously believe we are doing ourselves a huge disservice by throwing away knowledge of these retirees.
Meant no disrespect on the name, was a typo, I should do better! I actually like PM Davis btw. I stick to the belief that neither PM Davis nor Halkitis are giving the attention needed to that ministry and could be for a variety of reasons. Someone seeking your permission and persuading you to let them do what they want is much different to leadership
The office manual een gat nuttin on the power brokers. PM Davis told us he had NO idea about the single most important issue to the country, i.e, energy prices and the fuel hedging. HE said "**The *FS* had some views**", not my words or inference. If he ceded control of the most important issue facing the country to the FS, he said he'd had no idea any request to apply for the hedge had come from BEC, but the FS knew and made a decision, what you expect me to believe?
I'm certainly no expert but I know a little something about how it "should" work and I've seen and **heard** enough to know it een working the way it supposed to and some basic basic things have been missed. Repeatedly and with the same undercurrent. **Power + Arrogance =\> Hubris**
I notice that he speaks of ~*influence peddling* with politicians AND The Securities Commission. I dont think he said that off the cuff. I wouldnt be surprised if one of the witnesses has divulged the details of a *make nice with the power brokers* plan. Again separate issue from whether the plan worked
Who is charge at the ministry of finance? Every single major initiative they've launched has been mired in questions of poor analysis . Just last week, the FS was bragging about how he would be scrapping websites to find the rental income of every single rental unit going back years, and now they're realizing they need to consult??? Again PM Favis needs to pay closer attention to what's happening in that ministry
"*He also repeated previous attempts to tarnish The Bahamas’ integrity and reputation, asserting that Mr Bankman-Fried sought to “leverage” what was described as a “close, accommodating relationship” with Prime Minister Philip Davis KC, Ryan Pinder KC, the attorney general, and the Securities Commission to help “minimise his exposure” should FTX’s alleged fraud be uncovered. All three have vehemently refuted such allegations in the past*"
Anyone who thought Ray had concluded that The Bahamas did everything right, didnt really understand. He conceded to the language he did because he had a bigger battle to fight.
**In any event, this statement is not about the integrity of The Bahamas.This statement puts forward a *theory* about *SAM*'s intentions. Whether or not he succeeded is a separate argument.**
These potential influence peddling techniques by investors and the criminally minded are exactly why compliance and ethical standards are so important. They WILL invite you on the private yacht, they WILL invite you to the cocktail party at their million dollar resort in Hawaii and send you the first class ticket to make the trip. It is up to you to understand that these gifts and extensions of favour are always meant to make a friend of you and they might influence your judgement. A member of the SEC board should never have had shovel in hand at FTX's ground breaking. They have no stake in encouraging investment, leave that for the politicians.
When you function in an oversight or law enforcement role, you HAVE to maintain a layer of separation between yourself and the people you're supposed to keep in check. The primary purpose is so that you cant be swayed by favours. Fraudsters crime bosses and criminals know favours works.
Everybody in The Bahamas knows FTX had everybody jumping. What they wanted they got. We've seen it time and time again with rich foreigners. Nygard for example also had carte blanche. I think Ray is correct. They were working hard to make friends of anyone with regulatory control
Wasnt it Dr Minnis who responded, ~"*who doesnt know that/what's new?*" when asked if he was aware that Krueuger had been charged with fraud by the SEC? One commentator then suggested past failure doesnt stop you from succeeding. True!..., but this guy appears to have been a special case. If he was acting as strangely as he did in public, forging signatures in the highest office, one only has to wonder what eyebrows he should have raised by his actions behind closed doors
When home porting was the it thing everybody was running behind the cruise ships with glee urging Bahamians to get ready for this grand opportunity, get your business ideas together they said. But, it was clear as day that the only reason the cruise ships decided to come here was to avoid strict COVID protocols in Florida. And no matter how you looked at it, getting chosen because they thought we'd be *dumb enough to let more delta variant infected tourists in*, to *this wont last too long*, it was a hare brained strategy
Next came the cruise port and the town was once again rbuzzing with excitement. It was going to have the bells and whistles, feature all the best aspects of Bahamian culture, and the piece de resistance, a grand junkanoo museum, curated by the best. Yaay... But wait a second..., if it had all the best aspects of Bahamian culture and sat right beside the cruise ship, why would anyone venture any further. This is **exactly** the same issue that everyone has with RCI. It was as clear to me then as it is now. But when you brought it up two years ago, asking, at minimum, why did the govt allow a junkanoo museum in the port? your questions were brushed aside with this will be great for the economy!
We have no vision
This is why we get snookered by the shiesters who see our regulatory regime and our politicians for what they are. And they portray them as such in the movies. Overweight, dumb and corrupt showered in unearned substanceless trappings of wealth.
**And when we do what we do, how can we complain? *Islands for sale*... check the real estate section**
"*The police should deal with any cases they see before someone gets hurt*"
If the commissioner had come into office and done nothing but address the road traffic problems, which are not difficult to fix, even by brute force, but with some vision exceedingly easy to fix, he could have had overwhelming public support. Its mind boggling that they have not addressed the problem of running red lights in 2 years, not even tried. Does someone needs the problem in order to justify a contract?
ThisIsOurs says...
I'm actually serious on this one. I recognize people for what they're good at. Do I think he should lead a class on negotiations, no. But if he spoke about networking which is an important skill for a leader, I could see value in that. And he's an expert.
I seriously believe we are doing ourselves a huge disservice by throwing away knowledge of these retirees.
On ‘Utter amazement’: Ex-PMs trade Oban blame
Posted 21 March 2023, 8:56 p.m. Suggest removal
ThisIsOurs says...
Meant no disrespect on the name, was a typo, I should do better! I actually like PM Davis btw. I stick to the belief that neither PM Davis nor Halkitis are giving the attention needed to that ministry and could be for a variety of reasons. Someone seeking your permission and persuading you to let them do what they want is much different to leadership
The office manual een gat nuttin on the power brokers. PM Davis told us he had NO idea about the single most important issue to the country, i.e, energy prices and the fuel hedging. HE said "**The *FS* had some views**", not my words or inference. If he ceded control of the most important issue facing the country to the FS, he said he'd had no idea any request to apply for the hedge had come from BEC, but the FS knew and made a decision, what you expect me to believe?
I'm certainly no expert but I know a little something about how it "should" work and I've seen and **heard** enough to know it een working the way it supposed to and some basic basic things have been missed. Repeatedly and with the same undercurrent. **Power + Arrogance =\> Hubris**
On Tourism Bill withdrawn on consultation worry
Posted 21 March 2023, 8:33 p.m. Suggest removal
ThisIsOurs says...
I notice that he speaks of ~*influence peddling* with politicians AND The Securities Commission. I dont think he said that off the cuff. I wouldnt be surprised if one of the witnesses has divulged the details of a *make nice with the power brokers* plan. Again separate issue from whether the plan worked
On FTX US chief bids to cut-off Bahamas
Posted 21 March 2023, 7:01 p.m. Suggest removal
ThisIsOurs says...
Who is charge at the ministry of finance? Every single major initiative they've launched has been mired in questions of poor analysis . Just last week, the FS was bragging about how he would be scrapping websites to find the rental income of every single rental unit going back years, and now they're realizing they need to consult??? Again PM Favis needs to pay closer attention to what's happening in that ministry
On Tourism Bill withdrawn on consultation worry
Posted 21 March 2023, 2:44 p.m. Suggest removal
ThisIsOurs says...
"*He also repeated previous attempts to tarnish The Bahamas’ integrity and reputation, asserting that Mr Bankman-Fried sought to “leverage” what was described as a “close, accommodating relationship” with Prime Minister Philip Davis KC, Ryan Pinder KC, the attorney general, and the Securities Commission to help “minimise his exposure” should FTX’s alleged fraud be uncovered. All three have vehemently refuted such allegations in the past*"
Anyone who thought Ray had concluded that The Bahamas did everything right, didnt really understand. He conceded to the language he did because he had a bigger battle to fight.
**In any event, this statement is not about the integrity of The Bahamas.This statement puts forward a *theory* about *SAM*'s intentions. Whether or not he succeeded is a separate argument.**
These potential influence peddling techniques by investors and the criminally minded are exactly why compliance and ethical standards are so important. They WILL invite you on the private yacht, they WILL invite you to the cocktail party at their million dollar resort in Hawaii and send you the first class ticket to make the trip. It is up to you to understand that these gifts and extensions of favour are always meant to make a friend of you and they might influence your judgement. A member of the SEC board should never have had shovel in hand at FTX's ground breaking. They have no stake in encouraging investment, leave that for the politicians.
When you function in an oversight or law enforcement role, you HAVE to maintain a layer of separation between yourself and the people you're supposed to keep in check. The primary purpose is so that you cant be swayed by favours. Fraudsters crime bosses and criminals know favours works.
Everybody in The Bahamas knows FTX had everybody jumping. What they wanted they got. We've seen it time and time again with rich foreigners. Nygard for example also had carte blanche. I think Ray is correct. They were working hard to make friends of anyone with regulatory control
On FTX US chief bids to cut-off Bahamas
Posted 21 March 2023, 2:33 p.m. Suggest removal
ThisIsOurs says...
They should not go away. Their skills should be focused on mentoring.
On ‘Utter amazement’: Ex-PMs trade Oban blame
Posted 21 March 2023, 1:21 p.m. Suggest removal
ThisIsOurs says...
Wasnt it Dr Minnis who responded, ~"*who doesnt know that/what's new?*" when asked if he was aware that Krueuger had been charged with fraud by the SEC? One commentator then suggested past failure doesnt stop you from succeeding. True!..., but this guy appears to have been a special case. If he was acting as strangely as he did in public, forging signatures in the highest office, one only has to wonder what eyebrows he should have raised by his actions behind closed doors
On ‘Utter amazement’: Ex-PMs trade Oban blame
Posted 21 March 2023, 1:20 p.m. Suggest removal
ThisIsOurs says...
I wonder when Chester Cooper will drop the next bombshell, for security reasons, no black Bahamians allowed. Ho I ti
On EDITORIAL: The problem facing the Prime Minister
Posted 21 March 2023, 3:57 a.m. Suggest removal
ThisIsOurs says...
**We have no vision.**
When home porting was the it thing everybody was running behind the cruise ships with glee urging Bahamians to get ready for this grand opportunity, get your business ideas together they said. But, it was clear as day that the only reason the cruise ships decided to come here was to avoid strict COVID protocols in Florida. And no matter how you looked at it, getting chosen because they thought we'd be *dumb enough to let more delta variant infected tourists in*, to *this wont last too long*, it was a hare brained strategy
Next came the cruise port and the town was once again rbuzzing with excitement. It was going to have the bells and whistles, feature all the best aspects of Bahamian culture, and the piece de resistance, a grand junkanoo museum, curated by the best. Yaay... But wait a second..., if it had all the best aspects of Bahamian culture and sat right beside the cruise ship, why would anyone venture any further. This is **exactly** the same issue that everyone has with RCI. It was as clear to me then as it is now. But when you brought it up two years ago, asking, at minimum, why did the govt allow a junkanoo museum in the port? your questions were brushed aside with this will be great for the economy!
We have no vision
This is why we get snookered by the shiesters who see our regulatory regime and our politicians for what they are. And they portray them as such in the movies. Overweight, dumb and corrupt showered in unearned substanceless trappings of wealth.
**And when we do what we do, how can we complain? *Islands for sale*... check the real estate section**
On EDITORIAL: The problem facing the Prime Minister
Posted 21 March 2023, 3:46 a.m. Suggest removal
ThisIsOurs says...
"*The police should deal with any cases they see before someone gets hurt*"
If the commissioner had come into office and done nothing but address the road traffic problems, which are not difficult to fix, even by brute force, but with some vision exceedingly easy to fix, he could have had overwhelming public support. Its mind boggling that they have not addressed the problem of running red lights in 2 years, not even tried. Does someone needs the problem in order to justify a contract?
On EDITORIAL: The problem facing the Prime Minister
Posted 21 March 2023, 3:26 a.m. Suggest removal