Comment history

Winnertakesall says...

Obviously the Govt. is between a rock and a hard place. Thing is, in order for investors to be interested in this property the Freeport economy has to improve significantly (@ Sickened) right? So, how else will the economy get better if they don't do something before it gets really worse and perhaps unfixable? We certainly wouldn't want to see the Our Lucaya Properties in Port Lucaya turn into the Ghost-town/cemetery that Royal Oasis/Princess properties turned into - now would we? Gotta put the cart before the horse here and when things are up and running well, a good investor (if any can be found) can take it from there. In this scenario, the Govt. would just have to take its losses in order to save the day. However, if managed properly - there may not be any losses (that's my hope). Question is: I wonder why we can't seem to find "good investors" nowadays??? What's up with that? Has aanyone in Govt. considered asking Mr. multi-billionaire Bill Gates or Warren Buffet to invest in the Bahamas? These people have the kind of money that would pay off our national debt and they would't even miss it. Seven billion dollars, that's a drop in the bucket to these guys.