The only part I have an issue with is "nearing" 100% debt to GDP, a financial expert yold me 8 years ago we were over 100% debt to GDP. fancy accounting
It didnt sneak in anywhere. On this platform Ive made multiple analogies between crypto and the 2008 global financial crisis.. waaaaay before FTX even got here. The oodles and oodles of money that people made playing this brand new sexy security called a "derivative", then poof, as they say, the tide went out and everybody was naked, Obama was bailing out the 5 big banks and massive massive layoffs **globally*. And I wasnt the only one saying it. Nobody missed this. Say you didnt listen
Like Nicole it was **all** predictable. Like the 2nd coming you dont know the day and time you just know it coming.
I didnt miss the control aspect. Ive said jokingly multiple tines, well at least hinted at it, that sand dollar and crypto will be perfect for the antichrist.
Where were these million dollar homes that got all this damage? 2ft from the shoreline in "*Hurricane Alley*", elevated 1ft off the sand? **Again**, "*who could have known? who could have possibly forseen that?*"
"*Per our Bahamian HQ’s (FTX Digital Markets) regulation and regulators, we have begun to facilitate withdrawals*"
Somebody in power, not necessarily "the regulators", told him to do this. He didnt do this on air. He wanted people to know he was following instructions
Lol. "*order could have been breached*". Seriously? After you knew the company was imploding and this was a risk? Appears to be the same way they "*regulated*" them
Everything we've done for the past 50 years set us up for this. Just last week I was asking where's the data that supports our *the end of the world is near* response to tropical storm, hurricane for 30secs, Nicole? And all you got in response was, *you from Nassau you dont understand*. Even today the stories continue featuring a 10x10 clapboard tin roof business building that was "*completely destroyed*". A month ago I said two things the central banks blockade of payment providers was anti innovative and the cashless craze was wrong way thinking. The data was all there. Then we had international food fest. "*who could have known?*" And that's our issue, especially with this govt that is super focused on creating good PR stories. Everybody ignores the data... reality is whatever we speak into being... and this is what you get.
**I dont buy that our regulator has clean hands. There are errors of commission and errors of ommission. How in the dickens did was this company allowed to operate as a financial institution and offer services to the public without a CFO and a Risk Manager? That's "data".**
And we been here before. Remember the NGO that probably has an operating budget under 1million but didnt notice 2 million on its accounts for months because of an accounting error? Seriously? And you had Bahamians defending them.
Brave Davis needs to stop flying around to environmental conferences giving puff speeches. This country needs someone to take it by the hands and shake out all the corruption cronyism and incompetence from our senior ranks. It's a start. Do it everywhere especially the police force and political parties. We cannot support empty suits and people incapable of doing their job. Or Sam will be the least of our worries
In my crime fiction book, the person at the top never gets their hands dirty. They dont even know how the money comes in, all they see is a section on their 2nd set of books called "Other activities" where all the income from the kickbacks and shingles purchase is listed. The "*Man of Business*" handles all the details, he's right next to the lead man but you never see or hear him he's in the backroom cutting deals. If he gets caught he can say things like "*if I have to resign or go to jail, everybody going to jail*". Cause he know everything and he know every party does it. . "*When you in charge its your turn when I in charge its my turn*". So nobody ever goes to jail and the Ba**n**anas continues to crumble. Its a great book of fiction.
I wondered. I have the same assessment as Eric Carey. If they do what they say, this is exactly the way we want to develop the family islands. **The key here is not to trust them**.
We saw the depths construction crews will go to from the Bahamar internal emails. The key here is to monitor every nail, block and timber put into this property. **But I have yet to see our ministry of works, politicians, govt officials, and lawyers be uncorruptible. Some of them are the classic biblical prostitute, they will do anything for money.**
It dont matter how the Bahamar engineer intends to cheat, the inspector should catch it. It dont matter how many immigrants decide they gonna build against code or hook up utilities illegally, the inspector should catch it. the fact that Bahamar completed and that we have 200 acres of illegally connected utilities tells you some worker was corrupted and someone at the tippity top of everything was paid off to ignore it
ThisIsOurs says...
The only part I have an issue with is "nearing" 100% debt to GDP, a financial expert yold me 8 years ago we were over 100% debt to GDP. fancy accounting
On FTX implosion threatens perfect ‘40 of 40’ in financial crime fight
Posted 15 November 2022, 11:42 a.m. Suggest removal
ThisIsOurs says...
Where have you been? or maybe youre hung up on citizenship as opposed to residency
On INSIGHT: Fyre, FTX and the harm to our nation
Posted 15 November 2022, 9:22 a.m. Suggest removal
ThisIsOurs says...
It didnt sneak in anywhere. On this platform Ive made multiple analogies between crypto and the 2008 global financial crisis.. waaaaay before FTX even got here. The oodles and oodles of money that people made playing this brand new sexy security called a "derivative", then poof, as they say, the tide went out and everybody was naked, Obama was bailing out the 5 big banks and massive massive layoffs **globally*. And I wasnt the only one saying it. Nobody missed this. Say you didnt listen
Like Nicole it was **all** predictable. Like the 2nd coming you dont know the day and time you just know it coming.
On CRIMINAL PROBE OF FTX LAUNCHED...while FNM wants to know if government was left exposed
Posted 15 November 2022, 8:51 a.m. Suggest removal
ThisIsOurs says...
I didnt miss the control aspect. Ive said jokingly multiple tines, well at least hinted at it, that sand dollar and crypto will be perfect for the antichrist.
Where were these million dollar homes that got all this damage? 2ft from the shoreline in "*Hurricane Alley*", elevated 1ft off the sand? **Again**, "*who could have known? who could have possibly forseen that?*"
On CRIMINAL PROBE OF FTX LAUNCHED...while FNM wants to know if government was left exposed
Posted 15 November 2022, 8:45 a.m. Suggest removal
ThisIsOurs says...
"*Per our Bahamian HQ’s (FTX Digital Markets) regulation and regulators, we have begun to facilitate withdrawals*"
Somebody in power, not necessarily "the regulators", told him to do this. He didnt do this on air. He wanted people to know he was following instructions
On Fears FTX freeze order was violated
Posted 15 November 2022, 1:26 a.m. Suggest removal
ThisIsOurs says...
Lol. "*order could have been breached*". Seriously? After you knew the company was imploding and this was a risk? Appears to be the same way they "*regulated*" them
On Fears FTX freeze order was violated
Posted 15 November 2022, 1:17 a.m. Suggest removal
ThisIsOurs says...
Everything we've done for the past 50 years set us up for this. Just last week I was asking where's the data that supports our *the end of the world is near* response to tropical storm, hurricane for 30secs, Nicole? And all you got in response was, *you from Nassau you dont understand*. Even today the stories continue featuring a 10x10 clapboard tin roof business building that was "*completely destroyed*". A month ago I said two things the central banks blockade of payment providers was anti innovative and the cashless craze was wrong way thinking. The data was all there. Then we had international food fest. "*who could have known?*" And that's our issue, especially with this govt that is super focused on creating good PR stories. Everybody ignores the data... reality is whatever we speak into being... and this is what you get.
**I dont buy that our regulator has clean hands. There are errors of commission and errors of ommission. How in the dickens did was this company allowed to operate as a financial institution and offer services to the public without a CFO and a Risk Manager? That's "data".**
And we been here before. Remember the NGO that probably has an operating budget under 1million but didnt notice 2 million on its accounts for months because of an accounting error? Seriously? And you had Bahamians defending them.
Brave Davis needs to stop flying around to environmental conferences giving puff speeches. This country needs someone to take it by the hands and shake out all the corruption cronyism and incompetence from our senior ranks. It's a start. Do it everywhere especially the police force and political parties. We cannot support empty suits and people incapable of doing their job. Or Sam will be the least of our worries
On CRIMINAL PROBE OF FTX LAUNCHED...while FNM wants to know if government was left exposed
Posted 15 November 2022, 1 a.m. Suggest removal
ThisIsOurs says...
I think the motto is restituta piratis expulsis commercia... this the Bahamas
On CRIMINAL PROBE OF FTX LAUNCHED...while FNM wants to know if government was left exposed
Posted 15 November 2022, 12:24 a.m. Suggest removal
ThisIsOurs says...
In my crime fiction book, the person at the top never gets their hands dirty. They dont even know how the money comes in, all they see is a section on their 2nd set of books called "Other activities" where all the income from the kickbacks and shingles purchase is listed. The "*Man of Business*" handles all the details, he's right next to the lead man but you never see or hear him he's in the backroom cutting deals. If he gets caught he can say things like "*if I have to resign or go to jail, everybody going to jail*". Cause he know everything and he know every party does it. . "*When you in charge its your turn when I in charge its my turn*". So nobody ever goes to jail and the Ba**n**anas continues to crumble. Its a great book of fiction.
On $73m ‘zero carbon’ project targets 36k annual visitors
Posted 13 November 2022, 4:15 a.m. Suggest removal
ThisIsOurs says...
I wondered. I have the same assessment as Eric Carey. If they do what they say, this is exactly the way we want to develop the family islands. **The key here is not to trust them**.
We saw the depths construction crews will go to from the Bahamar internal emails. The key here is to monitor every nail, block and timber put into this property. **But I have yet to see our ministry of works, politicians, govt officials, and lawyers be uncorruptible. Some of them are the classic biblical prostitute, they will do anything for money.**
It dont matter how the Bahamar engineer intends to cheat, the inspector should catch it. It dont matter how many immigrants decide they gonna build against code or hook up utilities illegally, the inspector should catch it. the fact that Bahamar completed and that we have 200 acres of illegally connected utilities tells you some worker was corrupted and someone at the tippity top of everything was paid off to ignore it
On $73m ‘zero carbon’ project targets 36k annual visitors
Posted 13 November 2022, 4:01 a.m. Suggest removal