Comment history

banker says...

I totally concur. As far as I am concerned, the bill doesn't go far enough. The $250,000 should be lowered to $10,000. The protectionism of "We must protect Bahamian business" is hogwash. We need chlorine in the business pool. If someone can come in and put SuperValue out of business with more efficiency and lower prices, let them do it. We will all profit from more efficient businesses. That goes for everything from plumbers to lawyers to nail estheticians and hair braiders. Business is very Darwinian -- survival of the fittest. An efficient business environment brings prosperity.

We have a sluggish moribund economy and people want to keep the status quo, instead of opening it up and flushing out the inefficient businesses.

On Ingraham raps enterprise bill

Posted 28 November 2017, 5:35 p.m. Suggest removal

banker says...

Sit small Papa Fatman. Your voice was absent when the PLP lowlifes ruined the country.
You share your table with the PLP rectal effluvia that pillaged and raped the Bahamas. You were good in your time, but you are yesterday's man. You didn't prosecute Shame Gibson when you had him by the short and curlies. You tolerated the kleptocracy of the PLP. You didn't have the guts or the will to clean the Augean Stables. You did what you thought the best you can, but you were weighed in the scales and found wanting. You were the best Prime Minister that the Bahamas ever had, but the bar was very low with the criminal sub-human PLP slime in power. You didn't push to do all that you could, and now it is time for you to sit small and have big grouper dinners with your half-gay PLP cohorts.

The Bahamas is at a crossroads now. Minnis is interesting. He is on half-speed. He is feeling his way. But the success of his administration could go either way. He could be presiding over the total collapse of the Bahamas or they could take the fledgling steps to save it. His cabinet has some real yesterday men as well, but there are a few modern thinkers and doers, and it is my hope that they prevail. The good thing, is that the corruption and pillaging has stopped or at least attenuated by over 90%. Some of the yesterday's men are still licking gravy off the side of the public bowl.

The other thing that I have learned, is that no one who is anyone reads these comments here. The comments are all marketplace noise and mostly ignored.

On Ingraham raps enterprise bill

Posted 28 November 2017, 5:17 p.m. Suggest removal

banker says...

What is going to happen is the same thing that happens in union shops across North America where they have clauses in contracts where redundancy is not capped. The company starts to strategically create redundancies such that the most senior employees are let go, simply to limit liability for possible redundancies in the future even if the business is doing well at the moment. This also gives these businesses a chance to reduce payroll, because younger, newer employees are paid less due to their lack of seniority. Most unionised employees are those that can be replaced easily with no specific niche skillsets that require years and years of training. Thus, the law of unintended consequences will kick in, and the employment situation will worsen with laws like this where the government tries to actively interfere with business. What the unions do not realise, is that a job is a privilege and not a right.

banker says...

99.9% of typists at the newspapers ARE NOT journalists. They are people waded in beyond their depths with no concept of real journalism.

banker says...

The sad state here is that one of the people posting here has over four identities. No moral fiber, no truthfulness, but that was the state of the Bahamas. Hopefully we are on the way to enlightenment.

BTW, in case you hadn't noticed, the church is part of the problem and not the solution. Keeps the sheeple in line while it defrauds them.

On PM ‘lacks credibility’ on rights issue

Posted 21 November 2017, 12:33 p.m. Suggest removal

banker says...

Tell this man in a dress to sit small, practice his fairy-tale religion elsewhere, and if he really is a non-hypocritical believer, to rend unto Caesar what is Caesar's and follow the biblical dictates of separation of church and state. His 5 cents should be heard on a comedy program and not as a fake news item.

I watched the Grand Bahama Tech Expo online and heard real answers on how to fix the economy of Grand Bahama and the Bahamas, and did the news cover it? No. These so called reporters are just lazy monkeys typing on computers, and don't know real news if it were to slap them up the side of the head. Then they take umbrage to Minnis calling them sensational secretaries who don't even measure up to the Punch.

This is not news.

On PM ‘lacks credibility’ on rights issue

Posted 21 November 2017, 10:54 a.m. Suggest removal

banker says...

He is off to a very slow start. However from what I have seen from colleagues inside or near the government, he may surprise us all and be a better prime minister than Hubigetty. Already there are positive signs. Let's hope that they pan out.

I think that in the next 5 years, there will be more changes in the Bahamas, than there has been in the last 15 years. And hopefully they will be positive changes.

Just like the way that he surprised us by surviving Loretta Butterball Turner's attempted palace coup that took down Bran Flakes and the DNA as well, and the way that Minnis won the election, I think that when it is all said and done, there will be more done than said by this government. At least that is my fervent hope.

banker says...

The Florida entity was just a ruse to suck out money from the Bahamas.

On Tough questions needed at Cable Bahamas' AGM

Posted 17 November 2017, 11:39 a.m. Suggest removal

banker says...

Bless you. A lot of Bahamians do not understand the finer points of rights and freedoms. Due process is an inalienable right, even for traffic stops.

On ‘Detainees must be taken to court’

Posted 17 November 2017, 11:15 a.m. Suggest removal

banker says...

I am trying very hard not to comment any more on anything.

However, I must point out that this sum doesn't add to the debt -- it is merely re-organising existing debt and putting it off until 2028. What it does do, is increase the monies for debt support over the years (interest payable on the bonds), but it gives the government breathing room from the debt that is coming due.

It is more of a debt re-organisation rather than adding more debt.