If we are charging 10% VAT and other jurisdictions are charging 22%., there has to be some other reason for the fall off.
Once again I think someone, and I stress ONE, is making some sweeping economic changes with no attempt to understand the economics. We've seen this over and over again out of Finance in the past year with dramatic negative impacts. Brace Davis needs to put an eagle eye on whats happening there
It was **draft** cabinet paper birdie, meaning it was just being reviewed. Probably sent to finance to make sure they were in agreement after which it would have gone to cabinet. Sorry the PLP missed this one and I could say understandably, theres alot of moving parts when assuming office. The only lynchpin is, after COVID, there was probably not one issue more important than the cost of energy. Baffling that both the Works and Finance minister can deny knowledge. This is bad, not the the PLP but for our governance, Im almost certain if the FNM was coming into power the same thing would have happened. They have to run on the same strategic plan.
The most troubling part is that nobody asked about a possible conflict. Even after the FTX lesson. This was reported as a wonderful sign of "commitment". And how did that conversation go? Did we go after them asking for money? That would be even more troubling. I believe we've completely lost our ethical compass we literally can no longer tell what's right and wrong when big money is involved. We will do and accept anything.
What were the fines levied for that recent oil spill? If noone has been fined please stop talking about a carbon credits industry because your intention would literally be committing fraud, taking people's money with zero intention of protecting the asset on which the carbon tokens are based
"*The statement explained that OKX is the lead sponsor of the upcoming and inaugural D3 Bahamas Bahamas Fintech Festival, being put on by the Securities Commission of The Bahamas (SCB).*" nassauguardian.com
**This is their biggest mistake.** From the pic of the director with a shovel in her hand next to SBF at the breaking ground ceremony for the FTX headquarters, the SCB is putting themselves in an extremely compromising position. **How can you accept money from the people youre supposed to regulate?** How can you act as a cheerleader for the industry?
**Think of it, this would be the equivalent of the gaming board accepting a donation from Sebas. Or the police accepting a donation of bullet proof vests from Ninety Knowles. *What else you think we could ask for? Better not get on their bad side.* It makes no fiduciary sense. They are more than happy to BUY you**
It appears to me that money making is the chief objective in this whole inititative. And when the love of money becomes the overriding driver you overlook all kinds of things, like org charts and financial statements that make no business sense, because money making.
**And did the SCB attempt to mislead the Bahamian public after SBF said he was directed by the regulators to move funds by saying they *did not give any such order*??? Word parsing is not useful. They could have said "*here's what we asked him to do...*". They implied they didnt give ANY order**
"**credible evidence that the Bahamian government is responsible for directing unauthorised access to the debtors’ systems for the purpose of obtaining digital assets of the debtors – that took place after the commencement of these cases.”**
**This statement appears to be correct. Doesnt the govt have 3 arms?** The executive, the legislature and the judiciary? So on November 10th bankruptcy was filed and in November 12th, "**after**" bankruptcy was filed, one arm of the govt issued an order directing SBF to assist with moving funds "*to obtain digital assets of debtors*". This is 100% factually correct. I assume their whole case is on "*unauthorized*"...
This is ALL too late. I cant do your job, but if you have it you should be able to do it and explain what's happening. Clearly 3 weeks later theyre realizing their *say nothing, Bahamian people will lose focus, we can move on to the next thing without giving any answers*, modus operandi strategy is failing abysmally... because now you on the world stage and it looks like **nobody** had a handle on the company while it was operating or 3 weeks later
ThisIsOurs says...
If we are charging 10% VAT and other jurisdictions are charging 22%., there has to be some other reason for the fall off.
Once again I think someone, and I stress ONE, is making some sweeping economic changes with no attempt to understand the economics. We've seen this over and over again out of Finance in the past year with dramatic negative impacts. Brace Davis needs to put an eagle eye on whats happening there
On Marina chief suffers ‘worst Thanksgiving in 30 years’
Posted 28 November 2022, 6:54 p.m. Suggest removal
ThisIsOurs says...
It was **draft** cabinet paper birdie, meaning it was just being reviewed. Probably sent to finance to make sure they were in agreement after which it would have gone to cabinet. Sorry the PLP missed this one and I could say understandably, theres alot of moving parts when assuming office. The only lynchpin is, after COVID, there was probably not one issue more important than the cost of energy. Baffling that both the Works and Finance minister can deny knowledge. This is bad, not the the PLP but for our governance, Im almost certain if the FNM was coming into power the same thing would have happened. They have to run on the same strategic plan.
On PM told: $22m savings if BPL fuel trades done
Posted 28 November 2022, 6:16 p.m. Suggest removal
ThisIsOurs says...
The most troubling part is that nobody asked about a possible conflict. Even after the FTX lesson. This was reported as a wonderful sign of "commitment". And how did that conversation go? Did we go after them asking for money? That would be even more troubling. I believe we've completely lost our ethical compass we literally can no longer tell what's right and wrong when big money is involved. We will do and accept anything.
On AG says govt did not seize assets from FTX
Posted 28 November 2022, 3:45 a.m. Suggest removal
ThisIsOurs says...
What were the fines levied for that recent oil spill? If noone has been fined please stop talking about a carbon credits industry because your intention would literally be committing fraud, taking people's money with zero intention of protecting the asset on which the carbon tokens are based
On AG says govt did not seize assets from FTX
Posted 27 November 2022, 10:21 a.m. Suggest removal
ThisIsOurs says...
"*The statement explained that OKX is the lead sponsor of the upcoming and inaugural D3 Bahamas Bahamas Fintech Festival, being put on by the Securities Commission of The Bahamas (SCB).*" nassauguardian.com
**This is their biggest mistake.** From the pic of the director with a shovel in her hand next to SBF at the breaking ground ceremony for the FTX headquarters, the SCB is putting themselves in an extremely compromising position. **How can you accept money from the people youre supposed to regulate?** How can you act as a cheerleader for the industry?
**Think of it, this would be the equivalent of the gaming board accepting a donation from Sebas. Or the police accepting a donation of bullet proof vests from Ninety Knowles. *What else you think we could ask for? Better not get on their bad side.* It makes no fiduciary sense. They are more than happy to BUY you**
It appears to me that money making is the chief objective in this whole inititative. And when the love of money becomes the overriding driver you overlook all kinds of things, like org charts and financial statements that make no business sense, because money making.
On AG says govt did not seize assets from FTX
Posted 27 November 2022, 8:47 a.m. Suggest removal
ThisIsOurs says...
**And did the SCB attempt to mislead the Bahamian public after SBF said he was directed by the regulators to move funds by saying they *did not give any such order*??? Word parsing is not useful. They could have said "*here's what we asked him to do...*". They implied they didnt give ANY order**
On AG says govt did not seize assets from FTX
Posted 26 November 2022, 10:11 a.m. Suggest removal
ThisIsOurs says...
ROTFL. The North Korean Tribune. Its somewhat of an oxymoron
On AG says govt did not seize assets from FTX
Posted 26 November 2022, 10:06 a.m. Suggest removal
ThisIsOurs says...
What are you talking about now? This is about FTX
On Sir Franklyn: FTX is ‘not our first rodeo’
Posted 26 November 2022, 2:16 a.m. Suggest removal
ThisIsOurs says...
"**credible evidence that the Bahamian government is responsible for directing unauthorised access to the debtors’ systems for the purpose of obtaining digital assets of the debtors – that took place after the commencement of these cases.”**
**This statement appears to be correct. Doesnt the govt have 3 arms?** The executive, the legislature and the judiciary? So on November 10th bankruptcy was filed and in November 12th, "**after**" bankruptcy was filed, one arm of the govt issued an order directing SBF to assist with moving funds "*to obtain digital assets of debtors*". This is 100% factually correct. I assume their whole case is on "*unauthorized*"...
On AG says govt did not seize assets from FTX
Posted 26 November 2022, 2:08 a.m. Suggest removal
ThisIsOurs says...
This is ALL too late. I cant do your job, but if you have it you should be able to do it and explain what's happening. Clearly 3 weeks later theyre realizing their *say nothing, Bahamian people will lose focus, we can move on to the next thing without giving any answers*, modus operandi strategy is failing abysmally... because now you on the world stage and it looks like **nobody** had a handle on the company while it was operating or 3 weeks later
On AG says govt did not seize assets from FTX
Posted 26 November 2022, 2:02 a.m. Suggest removal