Has anyone ever watched the mafia movie where the Don has his boys break up the small local merchant's shop, beat him to a pulp, threaten his family then demand payment of the "*tax*"?
Did anyone ever characterize that as the art of the deal? Or was it strong handed brute force bully tactics with zero finesse?
From.cnn.com: "*Some Republican senators are already nervous. Several have signed on to a measure backed by GOP Sen. Chuck Grassley to require presidents to justify new tariffs to Congress. Lawmakers would have to approve them within 60 days or they would expire.*"
Who are they trying to fool? The House and Senate would have voted in lock step to support *Liberation Day*. The Treasury Secretary who has training in economics is still saying this is just a little bump in the road. The Rose Garden speech was likely timed after market close and near end of week to avoid a selloff and allow time for a weekend cool off and rally... clearly not working. Asian markets are plunging this Monday morning. The markets will turn at some point.. hopefully.. but... the damage done
"*Trump has never had and likely will never have an interest in fleecing our small nation*"
Not sure if that's correct.
"*there's the problem of certain of our more corrupt government officials partnering for profit with organized crime syndicates and gangs that are engaged in human trafficking, arms dealing, drug trafficking, etc., with others in our region of the world that have a harmful impact on the US.*"
That is more correct. He may look at "The Bahamas" as an inherently corrupt **black** s-hole country. Unfortunately, he'd be correct. The average citizen likely has no clue the depth of corruption in high places here, we guess at it frequently, but the Fox/CDU audio tapes, ASP Curtis and the high ranking politician who is still running treasury money and eating caviar, have certainly put some meat on the skeletons. It's a huge deal that Brave Davis was not invited to that meeting in Jamaica, huge. How that plays out for us, nobody knows and nobody should be whistling a happy tune past the graveyard.
You missing the meaning of "global impact". China will take a huge hit in the US which is their biggest market. Think locally, what happens when a company has the exact same costs to run a business but one stream of revenue buckles?
People parroting "*a little pain*" need to have their heads examined. The stock market is said to have lost 3 ***trillion*** dollars in one day. Theres no "bypassing" this unless Trump wakes up Monday and switches everything to the way it was... and even then lives have been destroyed in a second. If a US Citizen retired this week, God help them. I dont know where our local pension funds have their dollars invested.
Mining what? Saw that someone is continuing to break down one of the few remaining undeveloped hills in Nassau in Fox Hill. In one section, the Hill went from maybe 30-40ft to obliterated and it continues. Someone made some money right?
I think he's right. We don't have a big export market but we import almost everything. Trump hit all the worlds producers with tariffs, and he's threatening to levy a one mil fee on Chinese manufactured cargo ships.
Even if we establish direct trade routes with alternative markets their profits are down as the US is likely their biggest market and less is sold due to higher prices.
One option for them is to raise prices on the things that are selling or to countries like us who have to buy from someone, with VAT on customs duty and VAT on VAT pricing our costs could spiral.
God help the people retiring this week, their entire life savings were likely wiped out of their retirement accounts. "*Short term pain*"? Not likely. Bahamians stop blindly repeating maga rhetoric. The fallout is coming our way.
ThisIsOurs says...
Has anyone ever watched the mafia movie where the Don has his boys break up the small local merchant's shop, beat him to a pulp, threaten his family then demand payment of the "*tax*"?
Did anyone ever characterize that as the art of the deal? Or was it strong handed brute force bully tactics with zero finesse?
From.cnn.com:
"*Some Republican senators are already nervous. Several have signed on to a measure backed by GOP Sen. Chuck Grassley to require presidents to justify new tariffs to Congress. Lawmakers would have to approve them within 60 days or they would expire.*"
Who are they trying to fool? The House and Senate would have voted in lock step to support *Liberation Day*. The Treasury Secretary who has training in economics is still saying this is just a little bump in the road. The Rose Garden speech was likely timed after market close and near end of week to avoid a selloff and allow time for a weekend cool off and rally... clearly not working. Asian markets are plunging this Monday morning. The markets will turn at some point.. hopefully.. but... the damage done
On Bahamas tourism ‘bracing’ for Trump tariffs drop-off
Posted 7 April 2025, 1:10 a.m. Suggest removal
ThisIsOurs says...
"*Trump has never had and likely will never have an interest in fleecing our small nation*"
Not sure if that's correct.
"*there's the problem of certain of our more corrupt government officials partnering for profit with organized crime syndicates and gangs that are engaged in human trafficking, arms dealing, drug trafficking, etc., with others in our region of the world that have a harmful impact on the US.*"
That is more correct. He may look at "The Bahamas" as an inherently corrupt **black** s-hole country. Unfortunately, he'd be correct. The average citizen likely has no clue the depth of corruption in high places here, we guess at it frequently, but the Fox/CDU audio tapes, ASP Curtis and the high ranking politician who is still running treasury money and eating caviar, have certainly put some meat on the skeletons. It's a huge deal that Brave Davis was not invited to that meeting in Jamaica, huge. How that plays out for us, nobody knows and nobody should be whistling a happy tune past the graveyard.
On Bahamas tourism ‘bracing’ for Trump tariffs drop-off
Posted 7 April 2025, 12:34 a.m. Suggest removal
ThisIsOurs says...
You missing the meaning of "global impact". China will take a huge hit in the US which is their biggest market. Think locally, what happens when a company has the exact same costs to run a business but one stream of revenue buckles?
People parroting "*a little pain*" need to have their heads examined. The stock market is said to have lost 3 ***trillion*** dollars in one day. Theres no "bypassing" this unless Trump wakes up Monday and switches everything to the way it was... and even then lives have been destroyed in a second. If a US Citizen retired this week, God help them. I dont know where our local pension funds have their dollars invested.
On Halkitis: Trade war fallout a bigger concern than 10 percent US tariffs
Posted 6 April 2025, 1:26 p.m. Suggest removal
ThisIsOurs says...
Mining what? Saw that someone is continuing to break down one of the few remaining undeveloped hills in Nassau in Fox Hill. In one section, the Hill went from maybe 30-40ft to obliterated and it continues. Someone made some money right?
Where is the sustainability plan?
On Thompson criticises govt’s Mining Bill over failing to guarantee benefits for Bahamians
Posted 5 April 2025, 5:57 a.m. Suggest removal
ThisIsOurs says...
From cnn:
"*In the words of another executive: “We’re just going to have to make fewer shirts and sell them for more money.”*
Yup
On Halkitis: Trade war fallout a bigger concern than 10 percent US tariffs
Posted 4 April 2025, 8:05 p.m. Suggest removal
ThisIsOurs says...
Btw, Trump is off golfing.
On Halkitis: Trade war fallout a bigger concern than 10 percent US tariffs
Posted 4 April 2025, 3:16 p.m. Suggest removal
ThisIsOurs says...
I think he's right. We don't have a big export market but we import almost everything. Trump hit all the worlds producers with tariffs, and he's threatening to levy a one mil fee on Chinese manufactured cargo ships.
Even if we establish direct trade routes with alternative markets their profits are down as the US is likely their biggest market and less is sold due to higher prices.
One option for them is to raise prices on the things that are selling or to countries like us who have to buy from someone, with VAT on customs duty and VAT on VAT pricing our costs could spiral.
On Halkitis: Trade war fallout a bigger concern than 10 percent US tariffs
Posted 4 April 2025, 3:13 p.m. Suggest removal
ThisIsOurs says...
God help the people retiring this week, their entire life savings were likely wiped out of their retirement accounts. "*Short term pain*"? Not likely. Bahamians stop blindly repeating maga rhetoric. The fallout is coming our way.
On Bahamas hit by 10 percent tariff by US
Posted 4 April 2025, 5:30 a.m. Suggest removal
ThisIsOurs says...
So every major producing country in the world including China takes a hit, but the Bahamas that imports everything is unscathed? Yup, makes sense.
On Bahamas hit by 10 percent tariff by US
Posted 3 April 2025, 7:58 p.m. Suggest removal
ThisIsOurs says...
Yesterday? With a gale force warning in effect? I hope they find them safe.
On Police search for two men missing at sea
Posted 3 April 2025, 7:54 p.m. Suggest removal