Comment history

ThisIsOurs says...

"*Bahamas Grid Company is raising $100 million through a private bond placement to fund $120 million in essential grid upgrades, targeted for completion by the third quarter of 2025. The bond prospectus indicates that expatriate workers will lead these upgrades, with plans to upskill Bahamian workers.*"

This company brought in 2 generators as a part of the solution. Brave Davis proclaimed as these 2 generators came in July that there would be no generation problems.

**This problem will only be solved with eradication of corruption through contract awards**

ThisIsOurs says...

Because it's dangerous for one. Only God knows what's in that substance they're peddling to people. And second because **it's illegal**, nobody has a license to sell marijuana out their house and without a prescription

I heard someone giving advice to people to drink mildly salted water. And (specially prepared) "*salt water*" is a treatment doctors often prescribe.... to people with serious cases of diarrhea or dehydration. Healthy people getting salt through sea air and their regularly digested food have no need to drink salt water. But here it was being pedaled as "*good*"

ThisIsOurs says...

I dont know who did the shooting, but when I heard the story it sounded like the case of those *known to police* who show up at the hospital after being injured "*on the job*"

ThisIsOurs says...

They always paint this rosy *look how much money we guh make* scenario.

The one thing you cannot predict is how the customer will respond to your price increase. No intl company **has** to operate in the Bahamas. And word to the wise, they actively plan for the day they might pick up and leave like we plan for hurricanes. If the reason for moving here was to reduce tax burden, what's the reason for being here? For our sake it better be a good one.

ThisIsOurs says...

The problem is, they dont have to collude in the true sense. One bank just has to increase fees and the other two say, oh, we could increase fees too!

On A ‘slippery slope’ to regulate banks

Posted 15 August 2024, 3:27 p.m. Suggest removal

ThisIsOurs says...

Barbados is also not a communist state.

Noone can know for certain unless they have access to the internal data, but I get the distinct impression that prices are being driven up by a demand from shareholders to make a given return on investment and not really a ~direct response to cost itself, meaning while costs may have increased, the business is still making a decent profit but the shareholders want more profit. Some also got used to the exorbitant profits they made during COVID and theres a demand to maintain that... but again you cant "know"

On A ‘slippery slope’ to regulate banks

Posted 15 August 2024, 12:54 p.m. Suggest removal

ThisIsOurs says...

"*He woke up today feeling like ‘I am playing today’ *"

It's good news that he *feels* like he's ok to play.

Take it easy Jazz, better to rest up than to create greater damage.

*And* at the same time, ensure that you're setting your finances, education etc up for post major league life in about 10years.

On Jazz Chisholm Jr suffers left elbow injury

Posted 15 August 2024, 8:33 a.m. Suggest removal

ThisIsOurs says...

I hope Pinder isnt trying to get a nomination. In fact the govt should reject anyone from the previous slate who was less than impressive. Name recognition and sitting in Parliament for 5 years should not be eligibility criteria.

The first set of criteria should be character, ethics and honesty. Too many people look to an MP posting as a path to riches or at minimum a nice salary.

Then we need intelligence and good comprehension skills. Because the job is about reading and critically analyzing **documents*? Not, handing out back to school bags and putting up happy valentine's billboards. When did that become something a minister has to do???

ThisIsOurs says...

"*I don’t think we need to have the Barbados example to hang our hat on*"

True. But the reality is Barbados has a sophisticated thinking class and its been active for decades. If they had had the blessing of our location I believe we would have seen exactly how to revolutionize a 14mil tourist tourism product. It may be due to the longstanding presence of a rigorous university, or it may be that they're simply smarter, more analytical. Nothing wrong with following a smart, sensible example if it does not fundamentally contradict your objectives.

While Barbados is giving their banks sensible guidelines like you *cant charge fees on transaction lower than 10,000 and at least one bank account should be fee free*, we still have voices here saying, it's a business, een nothing you could do.

They also need to look at their usage agreements. They're brutal. How am I responsible for fraud in your system if you cant create a safe environment for use? And what happened to data privacy, how do you have the right to share "details" about my financial transactions with vaguely defined actors and by your language, for any reason, "*curiosity*" might even work, without notifying me?

On ‘Central Bank must act’ on bank costs

Posted 14 August 2024, 10:13 a.m. Suggest removal

ThisIsOurs says...

The irony is, the digitization push which they forced on customers was accompanied by a host of cost savings. Cost savings which would have outpaced any cost incurred to digitize or they would never have done it. They let go staff and closed multiple locations. Now they want us to believe that the fees are a *result* of digitization. It doesn't make "*cents*"

On Increased fees at CIBC Bahamas

Posted 13 August 2024, 4:26 p.m. Suggest removal