You could eliminate 95% of the criminal element in Nassau by rounding up all of the PLP and their sympathisers. And to prevent them overcrowding and sleeping under trees, I would suggest for them to sleep in the Tongue of the Ocean.

We need more electric cars on New Providence.

Is that what happened to you? Poor thing. I will speak your language: "Cheep Cheep!"

There is legislation in the Cayman Islands saying that a work permit must be processed in 10 business days.

This repricing of invoices is an interesting phenomenon. I've seen it work the other way. Bahamian businessmen would set up a flow-thru corporation in Florida, have proxies operate it, but they were the beneficial owners. The corporation would be involved in import/export. It would buy the goods required, mark them up and ship them to the Bahamas. The invoices would be paid with Central Bank approval and the difference between the price and the invoice price is how Bahamian business men got a stash of US dollars outside the country. It is their lifeboat if all goes to hell here.

Oftentimes the reason that foreigners get preference, is that it is all due to business conditions. The prime driver of any business is access to capital. Let's suppose that there is a business opportunity that requires $50 million dollars to start -- build the building -- hire the people -- etc etc.

A business will put some skin in the game and go an borrow the rest. In the USA or Canada, they can go to their friendly banker and apply for a business loan. They can also go to their Export Development programmes run by their respective governments for capital. The lenders get a credit report on the business from a credit reporting agency, and make a loan decision. The government programmes for export development often grant credit to companies that are turned down by the banks, because it is development money. If both these agencies turn down the business loan, the business has the additional option of 'selling paper' -- or floating a commercial bond. The interest rate is dependent on how risky it is, but you can always float paper if the interest rate is attractive enough.

Bahamians do not have access to these lines of business capital. We have no internal credit rating agency. Business records are sometimes sketchy and not up to date. Many businesses do not employ BICA accountants, or an accountant with an international certification and designation. Hence we are behind the eight ball in terms of getting capital together to do business. And if we can raise the Bahamian dollars, we must import millions of dollars of goods and services and must pay the Central Bank fees. Hence it costs more to run a business in the Bahamas if you are a Bahamian.

There is something definitely wrong with this picture as it is. This is why I support dollarization of the economy, even though it would initially create economic chaos, and as usual, the poor would suffer the most. But if we want a future as a country, we must swallow some bitter pills.

I would like full disclosure on Allyson Mayonnaise Gibson's dealings with the shops in Baha Mar.

I would like full disclosure of the slimey deals that Jerome made.

I want a full accounting of the Junkanoo Christmas trash for $300,000 that Neville WhizDumb pulled off.

I want a total accounting of Carnival.

I want a total accounting of the entire PLP kleptocracy.

Valuable collector's item for sale. Never been worn. Will become historic collectible. Act now. Between 10-50% off. Everything must go!

http://tribune242.com/users/photos/2017…

True dat. Always liked the man.

Exactly. Thanks.