Comment history

banker says...

Instead of being profusely sorry for being an apologist of the sub-human scum PLP, you try to paint the other party with the same brush. Was there corruption in the FNM? Yes. Was it the soul-destroying, complete, kleptocratic, criminal operation like the PLP ran? No. Tal -- until you can look in the mirror and be remorseful for the damage that you and your party have done to this country, you do not even deserve citizenship. I sincerely hope (even though I know better) that there is a hell, because of hypocrisy, and lying alone, you would be consigned to burn there forever. I am totally convinced that you pathologically lack the graces of altruism and truthfulness.

banker says...

The fact that the $200 million is a syndicated loan speaks volumes. Back in the days of Hubigetty, the Royal Bank thought nothing of giving him $250 million. A syndicated loan means that the risk is such, that a single lender doesn't want to underwrite it because of risk of default. $200 million is pretty much peanuts to syndicate for someone like RBC, however our degradation to junk status makes them want to lay it off with partners. That means that we will be paying higher interest.

I am totally dismayed that Turnquest and Minnis have not put a moratorium on spending. I am dismayed that Minnis is moving so slowly with a situation that requires resolve and speed.Where is the transparency? Where is the FOI? Honeymoon is over. They need to get on with it.

On New finance chief: 'Do more with less'

Posted 18 September 2017, 6:17 p.m. Suggest removal

banker says...

Co-sign. You beat me to it.

banker says...

Wrong kind of plastics. They were making foundation polymers for polystyrene manufacturing. Water bottles need high density polyethylene polymers-- different machines -- different processes.

banker says...

To prevent the levy of unfair duties that is regularly imposed on non-WTO countries. It means cheaper goods for an economy that must import everything.

banker says...

Rick Lowe isn't that rich -- just saying. Great guy. Honest as the day is long. Thinker. Happy guy. But definitely not rich.

banker says...

Agree and co-sign. BISX is a joke. It allowed a company under criminal indictment to stay listed. It allowed a bank that violated capitalization requirements to be listed. It turned the other way every time financial crimes were committed by the register companies. It is a sham, a shame, a shifty shadow of shiite. It is an embarrassment to The Bahamas and a blight on the reputation of the nation.

banker says...

I know an expat who bought a condo on PI. Hasn't paid property taxes in 10 years and no one is chasing him, probably because they don't know that his condo even exists. There are some serious structural flaws in the data collection for property taxes. There are silos of information that do not talk to each other.

On Bahamas must have income tax, says IMF

Posted 15 September 2017, 10:01 a.m. Suggest removal

banker says...

Part of the reasons why we is like we is, is the thousands of IBCs incorporated each month, mostly for nefarious activities.

I once listened to a discourse by Julian Francis, the ex-governor of the Central Bank. He said that if we adopted commercial banking instead of wealth management and tax havens, and we had divested BTC long ago to an American carrier, we would have a different Bahamas. Perhaps one that looks like little Switzerland. Legitimate folks and businesses would bank with us as a hedge against exposure to American banks. And with an excellent communications infrastructure, we could have been a world-class commercial center instead of a dodgy tax haven.

Instead we gat a fookin' crook, half-azzed yardie criminal Swindling running the country, sowing the seeds to drive us into the ground and make us all crumb-catchers and beggars at da rich man's table. Baha Mar and the Chinese financing us is more of the same.

We deserve better. This time on earth is OUR lives, and we have a population who's majority consists of functional illiterates, poorly socialised people with no family values and no prospects.

I listened online (youtube) to a video of a new FNM MP at his first constituency meeting. What is the first thing that he said (within the first five sentences)? -- I een yer babies daddy! That's where we are. Young women rushing to open their legs and give their front to an MP just to get consideration to get by in life. That is the PLP legacy of this country. And that is why we have no where to go but down.

On Ruined Ragged will rise again

Posted 15 September 2017, 9:22 a.m. Suggest removal

banker says...

Something is terribly wrong with Bahamians. Take Iceland. They have a population similar in size to ours. Guns are legal there -- they have 90,000 registered guns in a population of over 300,000 people. There are years that they go without a single murder in a year. They have had one this year, and the suspects are fishermen from a Greenland trawler. Most other murders, like the single one in 2008, was a family member getting drunk and killing another. They never have unsolved murders. The other crimes like robbery and violence are also low. Prisoners in Iceland have full access to the internet and they are let out to go and buy a fast food snack for themselves occasionally.

We Bahamians are a sick society.

On Double shooting leaves GB man dead

Posted 14 September 2017, 11:12 a.m. Suggest removal