Reuben Rahming is as honest as the day is long. He is one of the enlighten ones, from training Bahamians to be beekeepers to growing food and plants for themselves.
sigh.... I told you that there was no oil. And BPC knew it. It was a penny stock play all along, and they made millions. This is a typical story in the junior resource sector, but Bahamians are so naive when it comes to looking past the front facade, that they couldn't see it. The company made millions off flogging the penny stock, and they can now pack up their tent and rub cold hard cash on their "wounds" but they won't. In the playbook, they will merge with some other company, maybe acquire new leases, maybe a new name and flog more paper, fleecing folks again with their hopes.
Actually, the reason for this is to prevent Canadians, including spring-breakers and other vacationers who do not practice safe COVID from coming back to Canada and spreading the virus. Prior to this, there was a rule that if you went on vacation and came back from the sun destinations, you had to pay $2000 to spend three days in a COVID quarantine hotel and get tested. This didn't deter winter-weary Canadians who would gladly pay the fee and lose 3 days, so the government toughened up the rules by banning flights. You can still fly to the USA and catch a flight from there, but you can't do it on the same ticket with connecting flights recorded. You have to buy two separate tickets and treat it as two distinct flights.
This is all so funny. Prime Minister Hubert Alexander Ingraham, back in 2012, said that the Bahamian economy needed diversification from the two pillars of Tourism and Financial Services. He proposed Technology and eCommerce as the Third Pillar of the economy. The cult PLPites and the corrupt Perry Gladstone CriscoButt voted him out in the election. Even Fweddie, the self-centred flamboyant Pee-hell-PEE minister was quoted as saying that the Sir Stafford Sands model of Tourism & Financial Services was outmoded and doing a disservice to the economy. But the stupid conservative Bahamians, who honestly did not believe that they could better themselves and their country, went for the corruption of status quo, catching the crumbs from the table of their corrupt masters as a reward for their cult and very Trumpian devotion to the party of corruption. So here we sit in a whole heap of trouble. It een Biden's fault. It een nobody's fault but our own. There were not enough patriots in our archipelago in the sun, to stand up and say that we needed to do things differently. And to the younguns -- youse payin' for the sins of the father. We held our prosperous future in our hands at one point, turned it over the criminal kleptocratic politicians who stole from us, and never held them accountable. This miserable state is our own fault, and no one elses.
One of the major costs of raising poultry is the feed. In the US, the farmers are subsidized to raise the grains for chicken feed. When that is coupled to massive poultry farming operations in the US, the economies of scale are massive. Small operations cannot match the efficiencies and output. Even if tariffs and duties were doubled on poultry, it would still be cheaper to import US poultry. Where money could be made, is to raise organic, free range poultry to sell to the likes of Lyford Cay residents and the rich among us.
LOL at the Biden rhetoric. Tourism was already waning before the pandemic. COVID just made it clear to everyone what a precarious position that we were in. Is it recoverable? Only if we had some sensible people in government who were not afraid to act to diversify the economy including diversifying tourism. But we don't have any of those kinds of politicians.
banker says...
Reuben Rahming is as honest as the day is long. He is one of the enlighten ones, from training Bahamians to be beekeepers to growing food and plants for themselves.
On PLP picks Laroda to fight for Pinewood
Posted 18 February 2021, 12:19 p.m. Suggest removal
banker says...
Hmmm Wish that he paid as much attention to BPL as to mobileassist.
On Mobile commerce provider at 100,000 download mark
Posted 11 February 2021, 11:16 a.m. Suggest removal
banker says...
sigh.... I told you that there was no oil. And BPC knew it. It was a penny stock play all along, and they made millions. This is a typical story in the junior resource sector, but Bahamians are so naive when it comes to looking past the front facade, that they couldn't see it. The company made millions off flogging the penny stock, and they can now pack up their tent and rub cold hard cash on their "wounds" but they won't. In the playbook, they will merge with some other company, maybe acquire new leases, maybe a new name and flog more paper, fleecing folks again with their hopes.
On EDITORIAL: There’s nothing in the well after all
Posted 10 February 2021, 11:54 a.m. Suggest removal
banker says...
Actually, the reason for this is to prevent Canadians, including spring-breakers and other vacationers who do not practice safe COVID from coming back to Canada and spreading the virus. Prior to this, there was a rule that if you went on vacation and came back from the sun destinations, you had to pay $2000 to spend three days in a COVID quarantine hotel and get tested. This didn't deter winter-weary Canadians who would gladly pay the fee and lose 3 days, so the government toughened up the rules by banning flights. You can still fly to the USA and catch a flight from there, but you can't do it on the same ticket with connecting flights recorded. You have to buy two separate tickets and treat it as two distinct flights.
On Cancelled flights - but no word of Bahamians stuck in Canada
Posted 2 February 2021, 11:12 a.m. Suggest removal
banker says...
He hasn't done a lick of work since he got there.
On BISX pauses digital securities ambitions
Posted 22 January 2021, 1:41 p.m. Suggest removal
banker says...
This is all so funny. Prime Minister Hubert Alexander Ingraham, back in 2012, said that the Bahamian economy needed diversification from the two pillars of Tourism and Financial Services. He proposed Technology and eCommerce as the Third Pillar of the economy. The cult PLPites and the corrupt Perry Gladstone CriscoButt voted him out in the election. Even Fweddie, the self-centred flamboyant Pee-hell-PEE minister was quoted as saying that the Sir Stafford Sands model of Tourism & Financial Services was outmoded and doing a disservice to the economy. But the stupid conservative Bahamians, who honestly did not believe that they could better themselves and their country, went for the corruption of status quo, catching the crumbs from the table of their corrupt masters as a reward for their cult and very Trumpian devotion to the party of corruption.
So here we sit in a whole heap of trouble. It een Biden's fault. It een nobody's fault but our own. There were not enough patriots in our archipelago in the sun, to stand up and say that we needed to do things differently. And to the younguns -- youse payin' for the sins of the father. We held our prosperous future in our hands at one point, turned it over the criminal kleptocratic politicians who stole from us, and never held them accountable. This miserable state is our own fault, and no one elses.
On BIDEN DELIVERS CRIPPLING BLOW: New President unveils quarantine rule which will devastate tourism
Posted 22 January 2021, 1:32 p.m. Suggest removal
banker says...
These types of machines have been in use in major cities for a year and a half now.
On CIBC launches new banking technology
Posted 21 January 2021, 11:40 a.m. Suggest removal
banker says...
One of the major costs of raising poultry is the feed. In the US, the farmers are subsidized to raise the grains for chicken feed. When that is coupled to massive poultry farming operations in the US, the economies of scale are massive. Small operations cannot match the efficiencies and output. Even if tariffs and duties were doubled on poultry, it would still be cheaper to import US poultry. Where money could be made, is to raise organic, free range poultry to sell to the likes of Lyford Cay residents and the rich among us.
On Poultry self-sufficiency 'doable' within 3 years
Posted 21 January 2021, 11:39 a.m. Suggest removal
banker says...
LOL at the Biden rhetoric. Tourism was already waning before the pandemic. COVID just made it clear to everyone what a precarious position that we were in. Is it recoverable? Only if we had some sensible people in government who were not afraid to act to diversify the economy including diversifying tourism. But we don't have any of those kinds of politicians.
On 'Deck now stacked against' Bahamian tourism's rebound
Posted 19 January 2021, 12:06 p.m. Suggest removal
banker says...
This is all pie-in-the-sky.
On Oil drilling company applauds sovereign fund plan
Posted 19 January 2021, 12:01 p.m. Suggest removal