Want a rate increase? Make it performance based. Invest in equipment that for instance can cut the production cost by 10% then you get to raise your rate by 7%. These endless increasing charges by the government and its corporations have to stop unless we are getting value for it.
Anyone with ‘Quality new credit’ is not going to take out a loan needing 110% cash backup. A smart financial person is not going to do that. That is loan shark terms for low quality credit. The banks only now want to make everything cashless so they can earn a % on every transaction for doing nothing. The computer does all the work and they take no risk by actually extending credit with the interest % based on your credit worthiness. That is why they just want fees to conduct transactions that can be done by cash in the past and cannot pay interest anymore to deposits.
Had quite a bit of money in Fidelity for years and still do. I have perfect credit history with many banks. I asked them about a loan once and was told I would need to cash secure it at 110%. Who would borrow money like that? This is not from a bank that honestly wants to lend money. The banks in this country are jokers when it comes to credit. So many people are going private now for loans. The creditor gets some interest that the banks do not pay and the borrower gets decent terms without all the bul$.
Yet the government wants to treat honest taxpayers like criminals, killing us with regulations and red tap to drain every penny they can get out of our pockets and you have this going on.
Zero benefit for some to get a BL if one can get around it. Why would someone do it? To be treated like a criminal by the government and them grinding your business to halt with their come back tomorrow, just step out, bring your DNA, saliva, urine, blood, and fecal sample to do the most basic tasks when interacting with any government department?
In 2017 when Brazil had the huge canned corned beef scandal almost every country in the world including China banned canned corned beef from Brazil for a period of time. The Bahamas government did not ban it and the wholesalers/retailers fully knowing that it was deemed not safe to eat kept stocking it on the shelves. They both are culpable for the food quality being sold in The Bahamas and it is shameful.
bcitizen says...
Want a rate increase? Make it performance based. Invest in equipment that for instance can cut the production cost by 10% then you get to raise your rate by 7%. These endless increasing charges by the government and its corporations have to stop unless we are getting value for it.
On BPL tariff study could lead to increase in base rate
Posted 31 July 2023, 8:02 a.m. Suggest removal
bcitizen says...
Who needs roads they are so antiquated? Customs has a new app though!
On MOW civil engineer admits not enough funds are invested in roads in The Bahamas
Posted 29 July 2023, 11:08 a.m. Suggest removal
bcitizen says...
Anyone with ‘Quality new credit’ is not going to take out a loan needing 110% cash backup. A smart financial person is not going to do that. That is loan shark terms for low quality credit. The banks only now want to make everything cashless so they can earn a % on every transaction for doing nothing. The computer does all the work and they take no risk by actually extending credit with the interest % based on your credit worthiness. That is why they just want fees to conduct transactions that can be done by cash in the past and cannot pay interest anymore to deposits.
On ‘Quality new credit’ hard to find with $127m drop
Posted 26 July 2023, 5:14 p.m. Suggest removal
bcitizen says...
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On ‘Quality new credit’ hard to find with $127m drop
Posted 26 July 2023, 5:13 p.m. Suggest removal
bcitizen says...
Had quite a bit of money in Fidelity for years and still do. I have perfect credit history with many banks. I asked them about a loan once and was told I would need to cash secure it at 110%. Who would borrow money like that? This is not from a bank that honestly wants to lend money. The banks in this country are jokers when it comes to credit. So many people are going private now for loans. The creditor gets some interest that the banks do not pay and the borrower gets decent terms without all the bul$.
On ‘Quality new credit’ hard to find with $127m drop
Posted 26 July 2023, 3:02 p.m. Suggest removal
bcitizen says...
Yet the government wants to treat honest taxpayers like criminals, killing us with regulations and red tap to drain every penny they can get out of our pockets and you have this going on.
On ‘ERRORS’ ON PAYROLL COST GOVT $120M: ‘Some had salary paid for decades without records’
Posted 26 July 2023, 11:18 a.m. Suggest removal
bcitizen says...
Line at certain burger and fried chicken fast food places as long as ever.
On Super Value in halt over ‘reached the limit’ orders
Posted 25 July 2023, 2:53 p.m. Suggest removal
bcitizen says...
Zero benefit for some to get a BL if one can get around it. Why would someone do it? To be treated like a criminal by the government and them grinding your business to halt with their come back tomorrow, just step out, bring your DNA, saliva, urine, blood, and fecal sample to do the most basic tasks when interacting with any government department?
On ‘Lawless’ Abaco as businesses operate without licences
Posted 12 July 2023, 4:47 p.m. Suggest removal
bcitizen says...
What happened to the underwater drones?
On Boat registration fee hikes ‘not a tax grab’
Posted 7 July 2023, 4 p.m. Suggest removal
bcitizen says...
In 2017 when Brazil had the huge canned corned beef scandal almost every country in the world including China banned canned corned beef from Brazil for a period of time. The Bahamas government did not ban it and the wholesalers/retailers fully knowing that it was deemed not safe to eat kept stocking it on the shelves. They both are culpable for the food quality being sold in The Bahamas and it is shameful.
On Grocers chief rejects PM’s ‘dumping’ fears
Posted 5 July 2023, 1:03 p.m. Suggest removal