Comment history

banker says...

I wouldn't worry about it. By 2030, most of the Bahamas will be under water due to climate change and rising ocean levels.

Don't worry, be happy

In every life we have some trouble

But when you worry you make it double

Don't worry, be happy

Erryting gern be all right. Mother Ocean will take care of us. No pension, no worry. No woman no cry. Erryting be all right.

On Ticking timebomb of $3.7bn pensions

Posted 15 May 2018, 11:23 a.m. Suggest removal

banker says...

Kristi Powell quit Google to make something like this called The Big Dypper. http://bigdypper.com/

This is not real tech development. Simple apps are so 2008

Less than 23% of cruise passenger get off the ship at Nassau. I don't think this one will work.

banker says...

> how much oil has Cuba exploited in this same Cay Sal area since 1950?

Actually none. Cay Sal is located on the Bahamas Platform, where the only three producing Cuban wells are on the North Cuba Foreland Basin, the North Cuba Platform Margin and the North Cuba Fold and Thrust Belt. All of the wells are west of the Florida Panhandle on the Gulf side. Every single exploration well drilled on the Bahama Platform has come up dry. As I have been saying for years, dere een no erl !

Smith is just a paid shill singing for his supper.

banker says...

What people don't realise, is that this is a penny stock play. The object is not to really drill for oil,but to push out penny stock. BPL stock has been trading for around one pence now for years. However it is a 16 million dollar capitalisation (the last time that I checked) and it is on the exchange to go up and down in price on fake news that the company generates to make the company players money. Yes they have spent some money on "exploration" which consists of examining seismic data. It's a "Look busy -- Jesus is coming" type of thing.

As for Cuba, they are down to 3 producing wells and it is high sulphur content crude -- not like Brent Sweet Crude (hence the name) and is more expensive to refine. Big players have already moved out the Cuban fields after disappointing drilling results. If you look at the map, the producing oil wells for Cuba are closer to the Gulf of Mexico.

As I have been saying for 10 years -- "Dere een no fookin' erl !".
If you examine the methodology of penny stock plays, this is a classic one. It is a great way to make a few million while pretending to be an oil company. The polite name is "junior resource company". These types of companies are known by other more pejorative names. In the history of penny stock plays, less than 1/100th of one percent actually turn into a paying oil field or mine.

http://tribune242.com/users/photos/2018…

banker says...

Wot ???????? Fire Engine een a health food??? Lawd a mercy! Next ting dey be tellin' us is that peas 'n rice causes Haitianism. I guess that I'd better stick to organic KFC or all natural Whoppers.

banker says...

This rejection is going to have consequences. Most Canadian charter banks are looking to divest their Caribbean interests and this is just another nail in the coffin.

The policy of Bahamianisation has to end. You do not create a diverse, vibrant economy with restrictions and closures. So what if there was a qualified Bahamian. Look at how many other jobs that the banks create. It is the second pillar of the economy. Would you rather have no banking jobs or even worse, just the Bank of the Bahamas?

Throw open the borders to anyone and everyone who wants to create economic activity in the Bahamas.

The bigggest fear that I have with the divestiture of the Caribbean operations of the Canadian banks is that they will be bought up by less solvent or less responsible entities who cannot support the high level of unproductive employment in our banks today. Bank branches in Canada operate with one third of the staff and twice the accounts levels of Bahamian branches. There will be blood on the floor with wailing and gnashing of teeth, once the lower level banking jobs are gone. The very real possibility is that once sold, these banking operations will simply close more and more branches, or heaven forbid, fold altogether.

On Canadian bank's work permit bid rejected

Posted 11 April 2018, 11:23 a.m. Suggest removal

banker says...

Everything that Tim Rider said is true, but he didn't go far enough.

I remember Crisco Butt, the 2nd-most corrupt prime minister of the Bahamas genuinely perplexed when he lamented that "tiny St. Lucia has 2 Nobel Prize laureates and the Bahamas has none". The dim-witted, "soft", brain-dead moron couldn't figure it out.

We will not "Forward, Onward, Upward, Together" until:
1) We acknowledge our criminal first prime minister and publicly remove his name from our consciousness and seize the treasury money back from his family.
2) Acknowledge that the education system was corrupted by Loftus Roker and spend it back to first world status.
3) Jail anyone and everyone who got rich by being a Member of Parliament, and freeze and seize all of their assets, onshore and offshore.
4) Shut down the webshops, and freeze and confiscate the assets of the beneficial owners.
5) Disband the Christian Council.
6) Enact legislation to disband or limit union activity and put a legislative cap on salaries of union officials to that of their highest paid, dues-paying member.
7) Re-educate boys and girls as young as 8 years old about sex and single-motherhood, and re-introduce societal stigma to sweethearting and out-of-wedlock childbirth. None of this shiite that the baby is God's child who might grow up to be Prime Minister.
8) Legalise marijuana and free and pardon all of those who have been convicted under those retrogressive statutes.
9) Cut the civil service by three quarters and introduce technology to provide government services.
10) Diversify the economy by hiring foreigners to run our country.
11) Throw out the Bahamian dollar and get real money to run the country.
12) Ban the PLP and jail most of them under RICO laws -- Racketeering, Influence and Corruption and re-write history to show what a mess that those criminals have made of a beautiful country.

banker says...

There is tons more to this Harajchi story than anyone knows. Is Harajchi a financial rogue? Probably. Is he any worse than Owen Bethel or Julian Brown? From what I have learned, he is above the level of the above-mentioned who should be in jail.

I used to think that Harajchi was a criminal like the rest of them, but when I heard the real story in banking-politico circles, I tend to think now that he was just protecting his interests. For example, everyone in the banking circles knows who murdered banker Hywel Jones of that same era. Yet why have not the police investigated? Why have not the banking authorities started an investigation as to the evidence brought forward by Hywel Jones before he was executed? Why were the authorities complicit in covering up his murder? Why did this same cabal turn on Harajchi?

Just asking.

banker says...

Only PLP are crooks. Erryone knows that. And every management monkey at W & S was a PLP thieving crook.

On Water Corp fires general manager

Posted 15 March 2018, 8:10 p.m. Suggest removal

banker says...

Fully agree and cosign! When you look up unethical in the dictionary, there is a picture of him. He was fired from E&Y and they paid $3 million dollars to the US regulators to make the charges against E&Y go away, courtesy of Galanis' actions.

https://www.offshorealert.com/philip-ga…

https://www.offshorealert.com/galanis-c…