The Magnificent Seven has turned in the Magnificent Six with Edison Key wandering around Nassau, showing up at random rallies.

Tal, you have to stop posting pictures out of my family album.

Nance has already retracted. It wasn't Fweddie who showed that Nance was blowing smoke but a Bahamian on Twitter named James Julmis -- a new Baha Mar employee who works in Security and Dispatch, who took Nance on. Nance made a half-assed explanation (copying MSNBC on it) saying that he thought that the Brussels attacker had a Bahamian passport, which was not true. Nance spelled Bahamian as Bahamaian. Then Julmis ask "you make the statement on one individual" and Nance blocked him, but not before saying something to the effect of "look at how Trump views the Bahamas".

This whole thing is a tempest in a teapot. Nance is a self-aggrandizer (just like Fweddy, I might add). His contributor to counter terrorism support was as a cryptographer. However he tried to parlay his service into running a counter-terrorism school, and then a "think-tank". Have a photo of himself with the weaponry is hilarious. In his military service, he was a CPO which is a non-commissioned officer rank -- meaning that he was a working slug and not one of the thinkers in the counter-terrorism unit.

I don't think anyone seriously thinks that there are more ISIL terrorists in Brazil or Trinidad OR the Bahamas, than in the 7 countries that Trump banned. Anyone knew that he was blowing smoke. The real damage, is that he, as an African American came across as a clown and a bullshit artist, giving the particularly racist element and white nationalist movement surfacing with the Trump regime, another crack at Black people in general.

The RBC is not paying dividends on the Bahamian holdings. Shares bought on the New York Stock Exchange or the Toronto Stock Exchange are paying a dividend of 83 cents a share (up by two cents) since November of last year.

A year from now, I do not believe that RBC will be holding any Bahamian assets.

It's true. The PLP is a terrorist group.

Thank God that they added Bahamas to their name. I always did a double take when I saw the union referred to by just the acronym.

All of this comes about because unionist Obie is jealous of all of the attention and traction that Ranard Henfield is getting.

Nottage is mentally and physically not well. I suspect that his embarrassing moment at the mic was due to a TIA (transient ischemic attack). http://www.strokeassociation.org/stroke…

Here are several cogent points that are not factored into the eye doctors simplistic understanding of how the banks and debt works.

1) All banks except Bahamian banks, after the downgrade, have either sold off their Bahamian sovereign debt, or have bought credit default swaps against them, thereby nullifying the higher rate of interest return that Bahamian sovereign debt carries for the holder of the bond.

2) The Bahamian sovereign debt once held by AA3 rated banks that has been sold, is often sold to investment banks at a deep discount. The investment banks use the cheap high-yielding but dodgy bonds as an arbitrage hedge against other positions. Yes, there is an active market for crap, sold at the correct mark (or discounted value), which never ceases to amaze me, yet savvy arbitrageurs spin this crap into profits. However it is always at the expense of the initial sovereign issuer (often times the expense is negative perception and lack of ability for the sovereign issuer to sell the debt unless it carries an abnormally high interest rate -- then again, the arbs buy it as a hedge to play with the balance of their portfolios).

The scenario which the naive doctor paints, of the government not being able to float any more debt is not accurate. One can even buy Greek bonds and there is an active market for it. The way that it will work, is that the government will issue a bond for $100 million at 5%. There will be no takers. They keep raising the interest rate until it hits 10%. There will be a rush to buy it by the investment banks. They will buy credit default swaps to mitigate default risk that effectively reduces the yield to say 5% which brings it in line with other higher rated debt. Or they will buy the debt and create a CDO or Collaterized Debt Obligation with a basket of sovereign debt from a mix of countries that will even out the risk. This is like adding sugar and flour to shit cookies to make them more edible. Then they will sell shares in the CDO again to arbs and hedges. But again, this doesn't do any good to the hapless issuer.

The doctor is also naive about "Crown" lands. He posits that Crown land administration should be given to the private sector. There is not one single instance in the world of lands belonging to a country not being administered by the government of that country. It is the very definition of Crown land or land within the borders held by the government. Can you imagine if the Snake got control of who gets access to Crown land -- especially with the high corruption index and lack of transparency with the PLP kleptocracy????

True Dat !!!! There are several major things that Bahamians don't realise:

1) They are taxed higher in real terms, than jurisdictions with income tax, sales tax, etc etc. In economic terms, the average real tax rate is significantly higher than anywhere else.

2) If Bahamians pay a higher tax rate than others, then you cannot compare apples to oranges. Say the average income per GDP between two countries is similar - say $20,000 per person, but one country taxes its populace at 20% and the other taxes at 38%, in terms of real purchasing power, which country is better off?

Once took a mailboat with my uncle (not the weird one from Montell Heights) to visit relatives in Moss Town while my ma was recuperating from wimmins problems. Was appalled that a crocus sack was used for a door down there. Same in Eight Mile Rock not that long ago.