What's all this talk about foreign banks raping Bahamians? Don't like it? That's why we have a Bahamian bank -- the Bank of the Bahamas. It is for Bahamians by Bahamians so that we don't have to kowtow to foreigners and we have our own bank where the profits stay right here. So what is the problem???
By the way, Resolve is operating by picking the low hanging fruit. Now that it has dried up, it will need a capital infusion from the government to keep operating. And that is code for saying that the charade will be maintained and taxpayer money will end up footing the bill and bailing out Resolve and ultimately the PLP grifters who raped the bank aided by political patronage and the bank itself. Once again, the lowly Bahamian taxpayer bends over and pays to enrich the kleptocrats.
Totally agree that the webshops will be the failed linchpin that destroys our financial system. Een long now.
uhhhh ... I have spoken to Minnis on a prolonged and personal basis, and I would have to disagree with your assessment.
I een afraid of anything any more. If Crisco Butt gets in for another 5 years, so be it. It will ruin the Bahamas for a long time, but I am now convinced that we are already beyond repair.
There are systemic problems that can't be easily fixed. We have at least two, possibly three lost generations that form a sizable portion of the population. No work, no skills, no enlightenment, no path out. It doesn't look good.
Minnis een a perfect choice either because he is incapable of thinking outside the box. But he is the least of two evils, and he might even do some good.
There is often a law of unintended consequences. Bill Clinton benefited deeply from it. It is a confluence of being there, chaotic events, luck and a minor deed that snowballs into a nice black swan and if there is a chance that it will happen, Minnis is the guy that it will happen to. I ain't holding my breath, but there is a possibility. With Crisco Butt, there is no hope.
I don't know who or what poisoned your mind, but I would urge you to actually go on a quest to learn more about the man Minnis, and not the politician persona that has been floating around. Or not. I have learned that once a human being thin-slices an opinion, it may never change. We make up our minds from emotion and never apply cognitive tools to rationalise them. Look at Tal & Birdie. In their heart of hearts they know better about the PLP, and maybe there is a secret place where they may bear some shame knowing that the PLP is totally bereft of human decency, yet even the worms that consume their mouldering bodies in the grave will vomit when they ingest the PLP bits residing at the cellular level of their rotting carcasses ... which ironically will then most accurately represent all of the PLP members of parliament from the dawn of independence. So mote it be.
he knew that there was a coup afoot and they would try to get him out with any means, including going to the Swindling lady to have him removed
he knew that there was a whisper campaign against him
he knew that he wasn't the type to cut hip
he knew his grasp on his lead was tenuous
but he was the leader
and he knew that he had a chance to lead the country
and he knew the party machinery
and he knew that he would have to get into the trenches and dig,
he didn't give up and put cold hard cash compresses on where it hurt because he could -- he is a millionaire.
Nope. He dug in. He was the last man standing. He gracefully engineered a victory in the jaws of defeat, and he did it without thundering cannons, or hacks writing letters to the newspaper or appearing on talk shows on his behalf.
Nope. He just did it.
And they say that he doesn't have what it takes? He isn't a leader? He survived the sinister machinations of a palace revolt and came out on top without any scars or any metaphorical blood being shed.
The malcontents should go away. The unenlightened should leave the party. In the crucible of hatred and everything shameful and base, he survived the slings and arrows of the unwashed, the unclean, and the baser human beings in the party. And he is not a leader???????
He is made of sterner stuff than the effete incumbent and the merry band of bottom-feeders currently in power, and he is a policy wonk.
For once there is a very small light at the end of the tunnel, and it is not an oncoming train.
People didn't expect Minnis to survive the convention and he did. LBT lost to Minnis and it didn't sit well with her. She fomented discord within the party to the point of almost destroying it.
As previously iterated, Minnis is no politician. He is not charismatic. But he is a technocrat. He is successful in finance and as a business man. He knows what needs to be done. He may not be the most articulate or forceful, but he has the brains and knowledge that Crisco Butt and the PLP kleptocrats lack.
Minnis will win the leadership of the country next year, and there may be surprises -- pleasant surprises, simply because oftentimes in life, the difference between success and failure is a mere 3%. In the PLP that difference spread is 103%.
He needs to dollarize the economy to avoid devaluation. He needs to get people to work. There are ways of employing hordes of workers with dubious human work capital credentials, but it can be done. He needs to control the wild government spending. He needs to reduce the size of the civil service, and he needs to jail the corrupt PLPs for crimes against the Bahamas. No small task, but his election will be a short, small step in the right direction -- if the Bahamas doesn't crash and burn before April of 2017.
The absolute hilarious part about LBT is that she quit because of a rebuke by Peter Turnquest? This is the woman who bitch-slapped Rollins. If her pride was so wounded, why was she doing the Christie shuffle with Doc the day before? Something is rotten in Denmark. Hopefully she will pack up her sebaceous self and either buckle down and be a good foot soldier, or pack her bags, summon her butler and turn her self to other pursuits.
Moss is demented. It is over. I am in the financial services industry, and it is over for the Bahamas. The only way to save yourself, is to train up and parlay your bank experience into something that bigger banks will pay good money for. For me, I saw the signs that regulatory practices were going to be a huge part of the future, and that is where I did my MBA. That is where I got my iron rice bowl that never empties. But others were not so lucky. Portfolio managers are in danger as the book of business decreases. Private wealth management is all but dead except for dodgy jurisdictions and folks from Latin America, where tax evasion is a necessity and the national sport.
What Moss doesn't understand, is that we do not have the infrastructure to do modern financial services. We do not have access to the modern tools that High Net Worth Individuals demand. We do not have the tax expertise to manage family offices that transcend multiple jurisdictions. We do not have the professional lawyers who know international financial law inside out. We do not have lawyers that newcomers can trust. Every new client is seen as a piece of fresh meat to exploit to the max, and savvy High Net Worth Individuals can spot the degraded charlatan Bahamian lawyers a mile away. Our fee structures go back to Biblical times, and our own laws are deficient (ask Izmirlian about our bankruptcy laws).
Quite simply, the days of hiding money offshore are over, and our financial services have been too late recognising this, and now we are so far behind the eight ball, that we cannot catch up. It is too late. The fruit has died on the vine, and it ain't ever coming back.
banker says...
I should have mentioned that I was being sarcastic. Perhaps it was not entirely evident.
On Consumers ‘totally naked’ against banking practices
Posted 3 August 2016, 12:36 p.m. Suggest removal
banker says...
What's all this talk about foreign banks raping Bahamians? Don't like it? That's why we have a Bahamian bank -- the Bank of the Bahamas. It is for Bahamians by Bahamians so that we don't have to kowtow to foreigners and we have our own bank where the profits stay right here. So what is the problem???
On Consumers ‘totally naked’ against banking practices
Posted 2 August 2016, 9:25 p.m. Suggest removal
banker says...
Even an old broken down nag can pull a cart as long as it stays on the road. Crisco Butt went off the rails a long time ago.
In the Westminster system, an independent has no power at all.
On F.N.M. Convention Day Three – as it happened
Posted 1 August 2016, 12:48 p.m. Suggest removal
banker says...
Totally concur.
By the way, Resolve is operating by picking the low hanging fruit. Now that it has dried up, it will need a capital infusion from the government to keep operating. And that is code for saying that the charade will be maintained and taxpayer money will end up footing the bill and bailing out Resolve and ultimately the PLP grifters who raped the bank aided by political patronage and the bank itself. Once again, the lowly Bahamian taxpayer bends over and pays to enrich the kleptocrats.
Totally agree that the webshops will be the failed linchpin that destroys our financial system. Een long now.
On Don’t ‘capitulate’ on our financial services
Posted 31 July 2016, 11:27 p.m. Suggest removal
banker says...
uhhhh ... I have spoken to Minnis on a prolonged and personal basis, and I would have to disagree with your assessment.
I een afraid of anything any more. If Crisco Butt gets in for another 5 years, so be it. It will ruin the Bahamas for a long time, but I am now convinced that we are already beyond repair.
There are systemic problems that can't be easily fixed. We have at least two, possibly three lost generations that form a sizable portion of the population. No work, no skills, no enlightenment, no path out. It doesn't look good.
Minnis een a perfect choice either because he is incapable of thinking outside the box. But he is the least of two evils, and he might even do some good.
There is often a law of unintended consequences. Bill Clinton benefited deeply from it. It is a confluence of being there, chaotic events, luck and a minor deed that snowballs into a nice black swan and if there is a chance that it will happen, Minnis is the guy that it will happen to. I ain't holding my breath, but there is a possibility. With Crisco Butt, there is no hope.
I don't know who or what poisoned your mind, but I would urge you to actually go on a quest to learn more about the man Minnis, and not the politician persona that has been floating around. Or not. I have learned that once a human being thin-slices an opinion, it may never change. We make up our minds from emotion and never apply cognitive tools to rationalise them. Look at Tal & Birdie. In their heart of hearts they know better about the PLP, and maybe there is a secret place where they may bear some shame knowing that the PLP is totally bereft of human decency, yet even the worms that consume their mouldering bodies in the grave will vomit when they ingest the PLP bits residing at the cellular level of their rotting carcasses ... which ironically will then most accurately represent all of the PLP members of parliament from the dawn of independence. So mote it be.
On F.N.M. Convention Day Three – as it happened
Posted 31 July 2016, 11:15 p.m. Suggest removal
banker says...
Laughing ...
he knew that he wasn't the silver-tongued devil
he knew that he was under attack daily
he knew that there was a coup afoot and they would try to get him out with any means, including going to the Swindling lady to have him removed
he knew that there was a whisper campaign against him
he knew that he wasn't the type to cut hip
he knew his grasp on his lead was tenuous
but he was the leader
and he knew that he had a chance to lead the country
and he knew the party machinery
and he knew that he would have to get into the trenches and dig,
he didn't give up and put cold hard cash compresses on where it hurt because he could -- he is a millionaire.
Nope. He dug in. He was the last man standing. He gracefully engineered a victory in the jaws of defeat, and he did it without thundering cannons, or hacks writing letters to the newspaper or appearing on talk shows on his behalf.
Nope. He just did it.
And they say that he doesn't have what it takes? He isn't a leader? He survived the sinister machinations of a palace revolt and came out on top without any scars or any metaphorical blood being shed.
The malcontents should go away. The unenlightened should leave the party. In the crucible of hatred and everything shameful and base, he survived the slings and arrows of the unwashed, the unclean, and the baser human beings in the party. And he is not a leader???????
He is made of sterner stuff than the effete incumbent and the merry band of bottom-feeders currently in power, and he is a policy wonk.
For once there is a very small light at the end of the tunnel, and it is not an oncoming train.
On F.N.M. Convention Day Three – as it happened
Posted 29 July 2016, 10:02 p.m. Suggest removal
banker says...
People didn't expect Minnis to survive the convention and he did. LBT lost to Minnis and it didn't sit well with her. She fomented discord within the party to the point of almost destroying it.
As previously iterated, Minnis is no politician. He is not charismatic. But he is a technocrat. He is successful in finance and as a business man. He knows what needs to be done. He may not be the most articulate or forceful, but he has the brains and knowledge that Crisco Butt and the PLP kleptocrats lack.
Minnis will win the leadership of the country next year, and there may be surprises -- pleasant surprises, simply because oftentimes in life, the difference between success and failure is a mere 3%. In the PLP that difference spread is 103%.
He needs to dollarize the economy to avoid devaluation. He needs to get people to work. There are ways of employing hordes of workers with dubious human work capital credentials, but it can be done. He needs to control the wild government spending. He needs to reduce the size of the civil service, and he needs to jail the corrupt PLPs for crimes against the Bahamas. No small task, but his election will be a short, small step in the right direction -- if the Bahamas doesn't crash and burn before April of 2017.
The absolute hilarious part about LBT is that she quit because of a rebuke by Peter Turnquest? This is the woman who bitch-slapped Rollins. If her pride was so wounded, why was she doing the Christie shuffle with Doc the day before? Something is rotten in Denmark. Hopefully she will pack up her sebaceous self and either buckle down and be a good foot soldier, or pack her bags, summon her butler and turn her self to other pursuits.
On Loretta: Turnquest rebuke was final straw
Posted 29 July 2016, 9:37 p.m. Suggest removal
banker says...
Well a-bless my soul. Someone had a road to Damascus moment!
On F.N.M. Convention Day Three – as it happened
Posted 29 July 2016, 7:37 p.m. Suggest removal
banker says...
Moss is demented. It is over. I am in the financial services industry, and it is over for the Bahamas. The only way to save yourself, is to train up and parlay your bank experience into something that bigger banks will pay good money for. For me, I saw the signs that regulatory practices were going to be a huge part of the future, and that is where I did my MBA. That is where I got my iron rice bowl that never empties. But others were not so lucky. Portfolio managers are in danger as the book of business decreases. Private wealth management is all but dead except for dodgy jurisdictions and folks from Latin America, where tax evasion is a necessity and the national sport.
What Moss doesn't understand, is that we do not have the infrastructure to do modern financial services. We do not have access to the modern tools that High Net Worth Individuals demand. We do not have the tax expertise to manage family offices that transcend multiple jurisdictions. We do not have the professional lawyers who know international financial law inside out. We do not have lawyers that newcomers can trust. Every new client is seen as a piece of fresh meat to exploit to the max, and savvy High Net Worth Individuals can spot the degraded charlatan Bahamian lawyers a mile away. Our fee structures go back to Biblical times, and our own laws are deficient (ask Izmirlian about our bankruptcy laws).
Quite simply, the days of hiding money offshore are over, and our financial services have been too late recognising this, and now we are so far behind the eight ball, that we cannot catch up. It is too late. The fruit has died on the vine, and it ain't ever coming back.
On Don’t ‘capitulate’ on our financial services
Posted 29 July 2016, 3:25 p.m. Suggest removal
banker says...
And you wonder why the Canadian government issued a warning about buying land in the Bahamas.
On Bahamas ‘land fraud’ sparks furious battle
Posted 29 July 2016, 3:14 p.m. Suggest removal