The PLP have borrowed like drunken sailors on shore leave. And they don't know how to stop. It will come to a point where they can't borrow any more. They will squeeze everywhere trying to get more money. Nothing will work. So they will miss government payroll. The junior ministries will be hit with non-payment first. Many people have payroll deductions for things like cars and furniture. Those will be repossessed. Never mind hold-ups for cash and cell phones -- folks will break into Super Value for food. Gangs will start roaming Eastern Road and breaking into houses for goods, cash and food. Things will stop working. Copper thieves will tear out electricity lines. Stop lights will stop working. There will be folks begging at wharf. Cruise ships will stop coming. It will be illegal to hold American dollars. Smart businessmen who have found a way to siphon off American dollars offshore, will board up their houses, and depart for safer places. (I know of business people who have created clever schemes to bypass Central Bank regulations, and have regularly been buying American dollars from the bank to ship offshore, in the guise of doing business. They have been doing it since 2007).
The courier offices will be the best place to get food -- sent from Miami. The economy will move to a mostly underground economy, with folks dealing on a cash or goods barter. The Bahamian dollar will be devalued, so that the government can raid the American dollar reserves (if the peg is not 1:1, you don't need as much reserves).
It will be grim. Recently, I was at an undisclosed location, and I saw a bunch of rastas fishing. They were catching these little fishes -- not a single one was more than 3 inches long, and they were happy to catch those for a meal. That's the future of how many will eat, until it will be impossible to catch even those small fish from shore.
That's why I was losing clients in the wealth management business. Life is too small and too unsafe in Nassau. A university friend's wife was mugged at the end of the bridge. They see a white woman with a wallet and swarmed her. Luckily a uniformed security guard came running and all she got was a bruise. She said the punks looked her straight in the eye defiantly as they were grabbing her wallet in her hand.
I too, am not long for this limestone rock, and I can only hope by some deus ex machina, tings start to get better.
This is just like the Romans having the gladiator spectacles in the Roman Coliseum to keep the inhabitants distracted while they mismanaged and stole from the treasury to enrich themselves.
Y'all go to Carnival and don't you worry your lil heads about joblessness and such. Live it up. Have fun. You only live once, so celebrate!
Y'all don't understand politics. All Minnis needs to do to get elected is keep his mouth shut to get elected. That way he doesn't scare off the people who rely on the status quo for the gravy train. He can't drive the vote to the PLP by the people who think that their material status will change if some of the corruption and corruption-lite policies change. Many people make a living on the wink-wink status quo, and if those doors shut, were are in for another Crisco Butt term.
Seriously though, I am seriously contemplating voting PLP. Something drastic needs to be done, and if we give the PLP another term, they will take this country to hell -- nothing left but ashes. Then we can rebuild from scratch and all of the stupid, ignorant, brainless PLP supporters will all either die of starvation or see the light. With any luck, if we get to that stage, the mobs will take care of the MPs who stole money from the people.
I wish that the Prime Minister could see himself through the eyes of intelligent Bahamians, then he would see what a wutless waste of a human being that he is.
banker says...
I am assuming that you are White, and either here on a work permit or are a long-term transplant.
On Election date in early May
Posted 6 April 2017, 12:13 p.m. Suggest removal
banker says...
*Myles
On Election date in early May
Posted 6 April 2017, 12:11 p.m. Suggest removal
banker says...
The PLP have borrowed like drunken sailors on shore leave. And they don't know how to stop. It will come to a point where they can't borrow any more. They will squeeze everywhere trying to get more money. Nothing will work. So they will miss government payroll. The junior ministries will be hit with non-payment first. Many people have payroll deductions for things like cars and furniture. Those will be repossessed. Never mind hold-ups for cash and cell phones -- folks will break into Super Value for food. Gangs will start roaming Eastern Road and breaking into houses for goods, cash and food. Things will stop working. Copper thieves will tear out electricity lines. Stop lights will stop working. There will be folks begging at wharf. Cruise ships will stop coming. It will be illegal to hold American dollars. Smart businessmen who have found a way to siphon off American dollars offshore, will board up their houses, and depart for safer places. (I know of business people who have created clever schemes to bypass Central Bank regulations, and have regularly been buying American dollars from the bank to ship offshore, in the guise of doing business. They have been doing it since 2007).
The courier offices will be the best place to get food -- sent from Miami. The economy will move to a mostly underground economy, with folks dealing on a cash or goods barter. The Bahamian dollar will be devalued, so that the government can raid the American dollar reserves (if the peg is not 1:1, you don't need as much reserves).
It will be grim. Recently, I was at an undisclosed location, and I saw a bunch of rastas fishing. They were catching these little fishes -- not a single one was more than 3 inches long, and they were happy to catch those for a meal. That's the future of how many will eat, until it will be impossible to catch even those small fish from shore.
It een gern be pretty.
On PM falling apart at the seams
Posted 6 April 2017, 11:08 a.m. Suggest removal
banker says...
That's why I was losing clients in the wealth management business. Life is too small and too unsafe in Nassau. A university friend's wife was mugged at the end of the bridge. They see a white woman with a wallet and swarmed her. Luckily a uniformed security guard came running and all she got was a bruise. She said the punks looked her straight in the eye defiantly as they were grabbing her wallet in her hand.
I too, am not long for this limestone rock, and I can only hope by some deus ex machina, tings start to get better.
On Jogger found lying in her own blood after assault
Posted 6 April 2017, 8:35 a.m. Suggest removal
banker says...
This is just like the Romans having the gladiator spectacles in the Roman Coliseum to keep the inhabitants distracted while they mismanaged and stole from the treasury to enrich themselves.
Y'all go to Carnival and don't you worry your lil heads about joblessness and such. Live it up. Have fun. You only live once, so celebrate!
On UPDATED - Carnival U-turn: Festival back to its original dates after complaints
Posted 6 April 2017, 8:28 a.m. Suggest removal
banker says...
Y'all don't understand politics. All Minnis needs to do to get elected is keep his mouth shut to get elected. That way he doesn't scare off the people who rely on the status quo for the gravy train. He can't drive the vote to the PLP by the people who think that their material status will change if some of the corruption and corruption-lite policies change. Many people make a living on the wink-wink status quo, and if those doors shut, were are in for another Crisco Butt term.
Seriously though, I am seriously contemplating voting PLP. Something drastic needs to be done, and if we give the PLP another term, they will take this country to hell -- nothing left but ashes. Then we can rebuild from scratch and all of the stupid, ignorant, brainless PLP supporters will all either die of starvation or see the light. With any luck, if we get to that stage, the mobs will take care of the MPs who stole money from the people.
On PM falling apart at the seams
Posted 6 April 2017, 8:11 a.m. Suggest removal
banker says...
I wish that the Prime Minister could see himself through the eyes of intelligent Bahamians, then he would see what a wutless waste of a human being that he is.
On PM: It is easy to 'piss away' funds
Posted 5 April 2017, 12:28 p.m. Suggest removal
banker says...
I would call the Prime Minister a sack of crap, but he is lower than that. A sack of crap can be used to fertilise plants.
On Election date in early May
Posted 5 April 2017, 12:25 p.m. Suggest removal
banker says...
Pigeons fly upside down over Perry Christie because he is so wutless, that he is not even worth crapping on.
On Christie ‘not confused’ over date of general election
Posted 5 April 2017, 12:24 p.m. Suggest removal
banker says...
How can a non-owner hold a licence and operate a casino? This is a circus!
On UPDATED: Baha Mar gets govt approvals for gaming license
Posted 4 April 2017, 5:14 p.m. Suggest removal