Comment history

banker says...

For a couple of years, I drove to work by an empty casino and hotel in the heart of Freeport, and this will be deja vu all over again.

On Baha Mar to be given $21m

Posted 23 June 2015, 4:33 p.m. Suggest removal

banker says...

All of the above-mentioned apologists fail to note the yearly erosion of capital under management, and bury their heads in the sand.

Not only is there a flight of capital, but the register of firms doing business in wealth management is an ever shrinking list.

Reminds me of the fellow who fell off the Empire State Building. As he fell past each floor, folks near the window could hear him say "So far, so good!".

banker says...

Either Pinder is a naive idiot or he is being paid by someone. Everyone in the business knows that the Chinese manipulate their currency for the export business, and the US has tried to call them on it at every opportunity, all to no avail. If we become a currency hub for the Chinese, we will be nothing but their front-man puppets for Forex manipulation worldwide by the Chinese government. I guess Pinder has the "everything for sale in the country, including the country" attitude from his father. The apple doesn't fall far from the tree, and especially when the tree flourished at the height of corruption in the Swindling government.

banker says...

Either Pinder is a naive idiot or he is being paid by someone. Everyone in the business knows that the Chinese manipulate their currency for the export business, and the US has tried to call them on it at every opportunity, all to no avail. If we become a currency hub for the Chinese, we will be nothing but their front-man puppets for Forex manipulation worldwide by the Chinese government. I guess Pinder has the "everything in the country, including the country" attitude from his father. The apple doesn't fall far from the tree, and especially when the tree flourished at the height of corruption in the Swindling government.

banker says...

I spoke to a Canadian colleague who holidays there, and they love Cuba. Because the Americans blocked off Cuba, they needed a hard currency or convertible currency such as Canadian dollars to pay for exports. So the tourist experience was wonderful. A Canadian colleague told me that he threw his change on the bedside table of the hotel, and the maid had cleaned the coins and stacked them on the table. There is no teifin there because the government needs the tourism, anyone caught teifin from the tourists is immediately dealt with by the authorities, sometimes with a bullet if the amount is big.

Cuba has everything, from exotic food, to bass fishing, bird hunting, hiking and ecology tours. We simply can't compete, either on price, gastronomy, cigars, culture, experience or features.

banker says...

Another sighhhhhh. People lining up to buy IOUs from a bankrupt government, and the securities are decertified?? Who is lining up -- NIB? We are so screwed as a nation.

banker says...

Sad. George Smith belongs in jail. And yet criminal scum like that can afford justice with their ill gotten gains.

banker says...

I think that the Anglican church should pay for health care for its parishioners. Isn't that what Jesus did -- provide for his flock?

On Anglicans happy to pay NHI tax?

Posted 23 June 2015, 11:37 a.m. Suggest removal

banker says...

Just looked at the Mayo Clinic site. Here is what they say about the dangers:

For your PET scan, a radioactive drug (tracer) will be put into your body. The amount of radiation you're exposed to is small, and the risk of negative effects from it is low. But the tracer might:

-Cause a major allergic reaction, in rare instances
-Expose your unborn baby to radiation if you are pregnant
-Expose your child to radiation if you are breast-feeding

And the advantages:

-PET/CT is a powerful source of data to help make the right decisions.
-PET/CT is safe.
-PET/CT reduces number of invasive procedures.
-PET/CT can avoid unnecessary surgery.
-PET/CT can tell whether a tumor is benign or cancerous.
-PET/CT can show all the organ systems of the body in a single exam, showing, for example, whether cancer has spread.
-PET/CT detects disease often before it shows up on other tests.
-PET/CT is an early predictor of patients’ response to their therapy.
-PET/CT assists in planning for radiation therapy.

So I think this is a travesty, especially since Bahamian women are 40% more prone to breast cancer than the North American population.

banker says...

Shoot the messenger if you will, but others in the business will tell you the same about Bahamian work ethic.

Once had a Bahamian applicant for a job. He had won some sort of prize from BFSB for being best student. He looked like a good fit, until I mentioned starting date. He acquiesced to the starting date, and asked if he could have his two weeks holidays and actually start working two weeks later past the agreed start date, and get his holiday pay for those two weeks. I kid you not!

It is easy to train hard skills required for any job. But that is only half the requirements. Soft skills, some of them culturally-imbued as just as important, and the whole package as a worker is what is important to the functioning and profitability of an enterprise.

You might not like to see the images when a mirror is held up to Bahamian work ethic, but that doesn't alter the truth. Anyone one of a dozen organisations skilled in measuring these things, will tell you that the productivity of a Bahamian worker is low, and simply training hard skills is not the answer.