....spending taxpayer money $18,300,000.00 on a project budgeted for $9,600.000.00 Gladstone Road Waste Water Treatment Plant that isnt yet finished ...and noone yet seems to accountable .?... and the taxpayers will have to pay for it....??....and plenty Bahamians depending weekly on food handouts, ....thousands laid off....moddoes dred, ......an Dr Sands needin hospital beds, ventilators, hospital equipment, wards to to fixed, nurses to be hired.,morgue fer Cat Island.....mudda tek sic dred...well monkey big toe 18.3million...!!

The logistics of rehousing 10,000 shanty town migrants is not as simple without severe disruption to Abaco and even the rest of the nation.
One of the main purposes in terms of illegal housing need to find lawful housing units with water, legally built toilets and proper electricity.
Children who never attended schools need schools to attend. The aged, infirm ill physical and mentally challenged from the shanties need housing.
Can the present food merchants increase inventory to cater to increase legal housed population and the buyers pay increased prices now including licence fees and overhead? New increase in legal electricity demand, can they all afford it?
Where will previous low cost renters be able to afford rent for legally built housing units likely to rapidly increase in rent also disturbing current legal bona fide Bahamian rentors.
Guarranteed that some of the 10,000 illegal shanty town dwellers will seek to find other hidden areas to start anew. Perhaps some might even take to the seas.
While the need to eliminate the shanties is critical for the residents it should be even moreso in terms of enforcing Bahamian rules and regulations and national security. The Bahamian Prime Minister of the sovereign nation ,The Commonwealth of the Bahamas has already given the deadline, now past.
The authorities need a well coordinated plan and at this stage need to ask the Haitian govt to send the planes or boats to assist to repatriate their citizens ......

..put it in a charity....

Story about a grouper meeting a shark, so the grouper says that he will give up some fins and a tail and manages to survive being eaten ......but then encounters another shark.....

.....what was the role and duties of
the clico board of directors..bahamians
the clico bahamian management......
the bahamas central bank......bahamians
the bahamas investment authority...????
lawyers....accountants....banks...???

how could all this have happened over the years that the company was operating in the bahamas...???

The IDB findings are nothing new. One decades old joke is that the sources of finamcing the banks would easier give you a loan for an expendive car than a few thousand dollars overdraft.
It is comical that some loan officers or bank policy would have over collateralized loans more security held for a small loan.
Banks lending much less than your funds with fixed deposit on lien...well why not use your own money?.
Banks never lose and private guarrantees required for business with limited liability
Banks have lawyrs to go all the way to judgement for all assets...
One senior bank exdcutive said that the bank is not here for certain loans....well duh.... you have to have your loan officer examine it first .....if you want to shut your doors just go home.....business loans well talk about resolve....banks need to be examined anti competition...
Central Bank???
Licencing....
Difficult to get insirance on agriculture business.
Lack of govt marketing for inetest in areas.
Dont enen want to start talking about Crown lands application ......years and decades of past practices are only now starting to chsnge....

Mr Lloyd needs to treat these matters as though they are call ins to his radio show where there are always solutions.

Doing da 180 degrees is when dey sits on one side a da table an next time dey moves cross da table das 180 degrees wid 35 to 4
Now Roc wid Doc done capable a driving da bus in whichin direction missin most potholes goin on da bridge stead a da cliff ...an say sorry......now previous PM bless him cause he gan giv second...third...chance to people an da bus jus going straight straight over da cliff ..losing lection mind you needin to hav been so now but dats what you call is a paradime shift.

Very good Roc wid Doc at making preparations ahead of time at the best terms during the lull ....but at the same time the authorities should still be looking into a sinking fund paid by taxes levied on areas likely to be able to fund it and to bendfit the most Bahamians likely to be most impacted ......and likely to be the neediest after a hurricane impact.

@joeblow absolutely correct,!!

The Legal held democratic referendum voted against this !!!
The Church and majority of nation guided by Christian principles was against this, many churches do not even have activities vassociated with gambling!!
Many gamblers must lose their money that few might win and now a lesser amount is being given back to the much impoverished community which in the first place legally democratically voted their conscience religeous beliefs against it.

excellent data in above story encapusslates why the widespread use of motrgage indemnity by mortgage lenders should be banned as illegal as it increases the risk of mass failures as it enables the banks to overeack in profitting creating riskier marginal loans. The indemnity premia is paod by mortgage loan applicant to allow the mortgage lending bankmto increase the applicantcustomer to borrow up to 95% (risk increased 20 % more)of the purchase price or appraised value whichever is lower provided the lender ensires borrowing applicant does not commit more than 45% of income and 55% to survivelive and with loan officers now forced yo be loansales person to meet huge targets to get a salary increase and or bonuses it is quite likely something fishy goes on -some banks even give customer credit card after customer is at 45% dsr.makingbterms illegal and fsilure likely...and many customers are unable to successfully complete mortgage. All these loans should show lack of due care and negligrnce...... Govt should not have to create mortgage relief as it cannot fit in the parameters the banks have set with their terms of lending........ Banks have now changed applications to now qualify to repay, obviously because ......they knew their application process..... something wrong was happening and all these customers were defaulting....even affected up to this day...Recent Tribune article on Scotia main bramch manager being let go and revealing sales targets not met etc confirms these hidden predatory practice.

Further to this is that hurricanes are an annual occurance and in the case pf Freeport hit first many businesses will layoff workers...leading to defaults...and with widespread defaults as in Freeport and hurricane devrstation as in many homeowners requiring govt hurricane releif ...it is unlikely thst devestated homes can be sold to recoup normal loan lending plus additional loan amount covered by insurance and required to be paid by the mortgage lending bank from the customers pocket to supposedly safeguard the bank by endangering the customer more with a riskier loan.
Further risk is to monetary process, bad loans, provisions, liquidity etc that sidetracks govt policies and devuate causing additional challenges in economy.