It's always the greediest of the wealthy who are quick to cut loose their lowly paid staff, many of whom have loyally toiled for their very well-off employers for years, even decades in some instances. Branville McCartney is the classic example of such an employer. He could afford to bank roll his employees for the next year or so and doing so probably would not put that big of a dent in his great personal net worth. But now we see him all too quick to conveniently claim he's being driven into the poor house by his staff....the very same poor house where most of his loyal staff have all along been living given the meagre pay they were receiving from him over many many years.
And the same ruthlessness applies to Graham Thompson & Co and its super wealthy partners, amny of who count themselves among the political elite in our country whether they be of the PLP or FNM persuasion. Shame, shame, shame for making no effort whatsoever to dig into their very deep pockets to help they lowly staff ride out the most difficult of times over the next several months or so. Heartless by any definition!
Nothing but hogwash from this buffoon. Not an ounce of thought behind anything he has said here as can be so clearly seen from his complete lack of appreciation of the implications of much of the nonsense he has so foolishly suggested. Cooper is obviously in the camp of those idiots who believe our country can borrow itself out of the deep financial hole corrupt governments have dug for it over many years. But he fails to realize that only developed countries with the ability to print hard currencies for which there is a demand globally are capable of doing what he proposes.
The Bahamas does not have a hard currency and we import just about everything. And everything we import must be paid for with a hard currency like the US dollar. Our Central Bank can print more and more Bahamian dollars until the chickens come home to roost. The outcome would be the total debasing of the Bahamian dollar to the point where it would cost B$1,000,000 or possibly much more to buy a can of corn beef at the food store.
Our Central Bank can't issue anymore Bahamian dollar denominated debt because there is a limited local demand for it, even at very high interest yields. And our government lacks the ability to indefinitely continue increasing the foreign currency component of our national debt to provide the foreign exchange necessary to pay for our country's imports without eventually turning our country into a failed state, much like Haiti or Venezuela. In any event, the downgrading of the creditworthiness of the Bahamas by the unscrupulous rating agencies like Moody's, who represent the foreign lenders, are already causing the Bahamas to pay exorbitant interest rates on its foreign hard currency denominated debt.
One possible solution for us is to lease for 100 years most of the Crown Land and Sea Floor in the southern islands and territorial waters of the Bahamas to the US for military and other purposes so that the US can strengthen its national security interests in the Caribbean by heading off Red China's expansionary plans. The lease terms could include an upfront fee equivalent to the total amount of our existing national debt, including all Bahamian dollar debt and unfunded entitlements and contingencies, on a dollar-for-dollar basis, i.e. B$1.00 = US$1.00.
The annual lease payments over the 100-year lease term would need to be sufficient to help maintain the financial stability of the Bahamas, assuming the complete US dollarization of our economy over a short period of time in a way that respects the current one-for-one peg. Now that's a lot of interesting food for thought by the Bahamas government and the US government alike. The only major hiccup here is that the entire Bahamas may be underwater due to climate change by the end of the 100-year lease term! And "No" we definitely don't want John Christie to be the Bahamian realtor involved in this mother-of-all lease deals!!
There you go again playing that tired 'ole race card. No Bahamian with a good pair of eyes would deny that Davis is short, stumpy, pudgy and much darker than most Bahamians. Those are his physical features plain as day and most Bahamians know that similarly featured persons quite often hail from islands south of the Bahamas. I'm sure Brave is very comfortable in his dark skin. The real question here is: Are you comfortable in your own, possibly, lighter skin? You certainly have a great penchant for calling people racist who you perceive to be overly critical of the supreme leader you worship and idolize so much, i.e. Minnis. Try trolling others for a change because I'm certainly not the least bit flattered by all of your attention to my posts.
Can you imagine a web shop saying it's their duty to support their customers when for years their real duty has all along been to get their customers hooked on highly addictive gambling so that they could be mercilessly fleeced?!!
A lot of those Caribbean trained 'doctors' we have probably couldn't get a license to practice medicine in a developed country even though most developed countries are right now desperate to get more 'real' doctors and are even relaxing their visa/immigrant requirements to be as accommodative as possible.
So when are we gonna know the outcome to all this new testing?
The public deserves to be updated on how many tests have been done with obtained results, and how many of those tested were found to be infected with the Red China Virus.
We need this info to get an idea of how the incidence level is changing as the number of those tested increases. We can't determine that info from the gobbledygook reported in the above article or on The Tribune's ever changing Covid-19 dashboard. The dashboard should be changed to also show how many have been tested with results obtained.
Well_mudda_take_sic says...
It's always the greediest of the wealthy who are quick to cut loose their lowly paid staff, many of whom have loyally toiled for their very well-off employers for years, even decades in some instances. Branville McCartney is the classic example of such an employer. He could afford to bank roll his employees for the next year or so and doing so probably would not put that big of a dent in his great personal net worth. But now we see him all too quick to conveniently claim he's being driven into the poor house by his staff....the very same poor house where most of his loyal staff have all along been living given the meagre pay they were receiving from him over many many years.
And the same ruthlessness applies to Graham Thompson & Co and its super wealthy partners, amny of who count themselves among the political elite in our country whether they be of the PLP or FNM persuasion. Shame, shame, shame for making no effort whatsoever to dig into their very deep pockets to help they lowly staff ride out the most difficult of times over the next several months or so. Heartless by any definition!
On Law firms line up layoffs
Posted 16 April 2020, 9:47 a.m. Suggest removal
Well_mudda_take_sic says...
Nothing but hogwash from this buffoon. Not an ounce of thought behind anything he has said here as can be so clearly seen from his complete lack of appreciation of the implications of much of the nonsense he has so foolishly suggested. Cooper is obviously in the camp of those idiots who believe our country can borrow itself out of the deep financial hole corrupt governments have dug for it over many years. But he fails to realize that only developed countries with the ability to print hard currencies for which there is a demand globally are capable of doing what he proposes.
The Bahamas does not have a hard currency and we import just about everything. And everything we import must be paid for with a hard currency like the US dollar. Our Central Bank can print more and more Bahamian dollars until the chickens come home to roost. The outcome would be the total debasing of the Bahamian dollar to the point where it would cost B$1,000,000 or possibly much more to buy a can of corn beef at the food store.
Our Central Bank can't issue anymore Bahamian dollar denominated debt because there is a limited local demand for it, even at very high interest yields. And our government lacks the ability to indefinitely continue increasing the foreign currency component of our national debt to provide the foreign exchange necessary to pay for our country's imports without eventually turning our country into a failed state, much like Haiti or Venezuela. In any event, the downgrading of the creditworthiness of the Bahamas by the unscrupulous rating agencies like Moody's, who represent the foreign lenders, are already causing the Bahamas to pay exorbitant interest rates on its foreign hard currency denominated debt.
One possible solution for us is to lease for 100 years most of the Crown Land and Sea Floor in the southern islands and territorial waters of the Bahamas to the US for military and other purposes so that the US can strengthen its national security interests in the Caribbean by heading off Red China's expansionary plans. The lease terms could include an upfront fee equivalent to the total amount of our existing national debt, including all Bahamian dollar debt and unfunded entitlements and contingencies, on a dollar-for-dollar basis, i.e. B$1.00 = US$1.00.
The annual lease payments over the 100-year lease term would need to be sufficient to help maintain the financial stability of the Bahamas, assuming the complete US dollarization of our economy over a short period of time in a way that respects the current one-for-one peg. Now that's a lot of interesting food for thought by the Bahamas government and the US government alike. The only major hiccup here is that the entire Bahamas may be underwater due to climate change by the end of the 100-year lease term! And "No" we definitely don't want John Christie to be the Bahamian realtor involved in this mother-of-all lease deals!!
On $2bn blueprint: Cooper calls for huge increase in spending to tackle crisis fallout
Posted 16 April 2020, 9:27 a.m. Suggest removal
Well_mudda_take_sic says...
You sound like one of those wealthier realtors with a grandiose sense of self-entitlement. LMAO
On Realtors look for tax cuts
Posted 16 April 2020, 12:10 a.m. Suggest removal
Well_mudda_take_sic says...
But Sands didn't say whether the results of those tested were yet available, and if available, how many tested positive.
On 600 tested for virus
Posted 16 April 2020, 12:05 a.m. Suggest removal
Well_mudda_take_sic says...
There you go again playing that tired 'ole race card. No Bahamian with a good pair of eyes would deny that Davis is short, stumpy, pudgy and much darker than most Bahamians. Those are his physical features plain as day and most Bahamians know that similarly featured persons quite often hail from islands south of the Bahamas. I'm sure Brave is very comfortable in his dark skin. The real question here is: Are you comfortable in your own, possibly, lighter skin? You certainly have a great penchant for calling people racist who you perceive to be overly critical of the supreme leader you worship and idolize so much, i.e. Minnis. Try trolling others for a change because I'm certainly not the least bit flattered by all of your attention to my posts.
On ‘Govt is not responding to struggling Bahamians’
Posted 15 April 2020, 11:52 p.m. Suggest removal
Well_mudda_take_sic says...
...ditto that....
On ‘Govt is not responding to struggling Bahamians’
Posted 15 April 2020, 11:38 p.m. Suggest removal
Well_mudda_take_sic says...
Can you imagine a web shop saying it's their duty to support their customers when for years their real duty has all along been to get their customers hooked on highly addictive gambling so that they could be mercilessly fleeced?!!
On Long lines as gaming house hands out care packages
Posted 15 April 2020, 11:32 p.m. Suggest removal
Well_mudda_take_sic says...
Good advice.
On Four new confirmed cases of COVID-19
Posted 15 April 2020, 11:19 p.m. Suggest removal
Well_mudda_take_sic says...
A lot of those Caribbean trained 'doctors' we have probably couldn't get a license to practice medicine in a developed country even though most developed countries are right now desperate to get more 'real' doctors and are even relaxing their visa/immigrant requirements to be as accommodative as possible.
On ‘We didn’t threaten doctors’
Posted 15 April 2020, 7:28 p.m. Suggest removal
Well_mudda_take_sic says...
So when are we gonna know the outcome to all this new testing?
The public deserves to be updated on how many tests have been done with obtained results, and how many of those tested were found to be infected with the Red China Virus.
We need this info to get an idea of how the incidence level is changing as the number of those tested increases. We can't determine that info from the gobbledygook reported in the above article or on The Tribune's ever changing Covid-19 dashboard. The dashboard should be changed to also show how many have been tested with results obtained.
On 600 tested for virus
Posted 15 April 2020, 7:16 p.m. Suggest removal