What a bunch of utter nonsense ..First that we could not build a building that last over forty years . Second Tal and John going on about the UBP etc ,you do know who was the old bay street boys conduit right to Pindling office ,that's right the one and only appear to speak for the black people ,Big Bad Brad .By the way if the old white UBP money would of split at independence this country would of made Haiti look like a paradise ,Pindling knew that . Much smarter to rent a post office as mail is going the way of the dodo bird and who in their right mind would trust our post office w/ their amazon purchases .Money is green folks ..Now if you want to get down to the nitty gritty , go walk around Hope town ,Green turtle cay , Spanish wells ..then go walk around down town George town,an Island doing well economy wise , and get back to me on which one looks run down slum ..
They sold out Bay Street to the other pirates ,,T Finlynson etc ..And any Bahamian w 500 dollars could buy shares in the port , did you ?? Ingraham even made a special deal for public servants to buy shares w no interest deductions from there pay ,,did they ??The folks that bought shares in the port have done really well .
We sell residency ,,its the same ,,For a 750,000 investment you can get residency and set up an IBC and run your business through here .What you can,t do is evade the taxes on the money that company makes in the other countries , which the OCED ,EU know there are plenty of lawyers ,financial guys here that will use all kind of shenigans to help the investor do that .The investor can pay lower tax on the interest etc the money makes here but he can,t stiff the country where the money was made
That and Cayman has been much more pro active in dealing w/ the EU ,OCED and USA . In reality once Switzerland caved and turned over 4000 UBS clients the days of just hiding money "offshore" to evade paying taxes were over . The new "era" of selling residency works if the people have already paid taxes on the money when earned in their home country , then they can pay lower taxes on the money it earns offshore ,the problem comes when they try to use their IBC to avoid taxes on money earned in their home country ,and there are plenty of lawyers and financial guys willing to help them .The thought of going rouge is absurd ,everything we eat ,drink ,wear is bought w central bank drafts ,all the clearing banks would do is hold those drafts forever to do due diligence .They would not risk the fines that they would be laundering money from a rogue nation ,especially w the type of investor we would attract by saying F U to the E U,OCED, and US
yeah great point ,,NOT ,,you think Atlantis or Baha mar want their money to sit in the clearing banks for months while due diligence is done on the funds and they collect no interest or investment .You think any high net worth individual , except drug dealers that don,t care if they lose 30% to wash their money , want their money to sit in the clearing banks of NY etc for months on end . You think Super Value or even a small grocer want their Central Bank draft to take 3 to 4 months to clear to buy goods for their stores ..That's what will happen going rouge ,,plus The Bahamian dollar will be nearly worthless ,,its nice to think we can f##k the OCED ,EU , or the US but in reality unless you want to wind up like Haiti we better not ..
Many of these loans were never going to paid back , they were homes for cronies ,friends ,political generals ,,many of which the cronies and friends put out to rent and never had an intention of paying back the government ,juss another Peoples penny savings bank ,Development bank ,Bank of the Bahamas type scam ,, a way to get our taxpayer money out the treasury .I say if the people can,t or won,t pay the mortgage put them out find buyers that can .If I cant pay my rent/mortgage for whatever reason I got to go live w/ my Ma ,uncle or something ..I,m tired of this sh#t ,,you would be surprised to find out you got these homes ,,put them out for rent and stiffed the tax payer
I know BTC and ALIV work way better , under government ownership our cells phones were not compatible w any other net works .I travelled a lot back then for business and had to keep a U S phone , all the while D Barttlet was using the government buying power to sell up to date net works to Turks and Caicos etc.A policeman said arson is not suspected ,,okay where is a report from the police dept ,fire dept etc ,,4 different fires hmmm,,You tell me in 40 years have we been able to keep the lights on ,,PLP or FNM ..Then you go on about the board needs to be people w 10 experience producing electricity ,,Do u think the people on the board of GM are auto engineers or people from the assembly line ,,lol no boards are usually made up of people that are successful in their field , then have studies and talk to experts in the field they are board members on to make decisions .If u think we got to this place in two years of Minnis,,,hmmm ,,I assure you providing reliable electricity from diesel generators is not a new or complicated process ,,and yet in forty years we have been unable to do it,,past time to let those who know how to do it do it
you just make up stuff to feed your bias ..I don,t care FNM ,PLP for thirty to forty years we can,t keep the lights on ,,let someone that can do it ,,and yes there was bidding ,was it fair?? if certain companies don,t think so they can go to court .As far as complaining to the U S State department ,,good luck the Trump administration rolled back the Obama rules that U S companies have to report who they give money and political donations to, bribes , while competing for contracts abroad
Its past time to get a private company to have majority shares and decision making ..Get the deal done w Shell N A pronto .Notice how we no longer have union problems w/ BTC since a private firm has the majority shares and decision making , they can no longer strong arm the government for votes .Also amazing when CWC, now Liberty , took over 51 % of BTC our treasury received twice the revenue then when it was solely publically owned ..Let Shell build own and operate , get politics out of it,FNM or PLP .Let this union gangster deal w private owner that won,t cave for votes , In the mean time we have over 1000 defence force , station them at all critical electrical locations ..
concernedcitizen says...
What a bunch of utter nonsense ..First that we could not build a building that last over forty years . Second Tal and John going on about the UBP etc ,you do know who was the old bay street boys conduit right to Pindling office ,that's right the one and only appear to speak for the black people ,Big Bad Brad .By the way if the old white UBP money would of split at independence this country would of made Haiti look like a paradise ,Pindling knew that . Much smarter to rent a post office as mail is going the way of the dodo bird and who in their right mind would trust our post office w/ their amazon purchases .Money is green folks ..Now if you want to get down to the nitty gritty , go walk around Hope town ,Green turtle cay , Spanish wells ..then go walk around down town George town,an Island doing well economy wise , and get back to me on which one looks run down slum ..
On Post Office’s new landlord - Brent?
Posted 17 October 2018, 4:52 p.m. Suggest removal
concernedcitizen says...
They sold out Bay Street to the other pirates ,,T Finlynson etc ..And any Bahamian w 500 dollars could buy shares in the port , did you ?? Ingraham even made a special deal for public servants to buy shares w no interest deductions from there pay ,,did they ??The folks that bought shares in the port have done really well .
On Post Office’s new landlord - Brent?
Posted 17 October 2018, 4:37 p.m. Suggest removal
concernedcitizen says...
We sell residency ,,its the same ,,For a 750,000 investment you can get residency and set up an IBC and run your business through here .What you can,t do is evade the taxes on the money that company makes in the other countries , which the OCED ,EU know there are plenty of lawyers ,financial guys here that will use all kind of shenigans to help the investor do that .The investor can pay lower tax on the interest etc the money makes here but he can,t stiff the country where the money was made
On OECD rattles its sabre on investor residency
Posted 17 October 2018, 4:12 p.m. Suggest removal
concernedcitizen says...
That and Cayman has been much more pro active in dealing w/ the EU ,OCED and USA . In reality once Switzerland caved and turned over 4000 UBS clients the days of just hiding money "offshore" to evade paying taxes were over . The new "era" of selling residency works if the people have already paid taxes on the money when earned in their home country , then they can pay lower taxes on the money it earns offshore ,the problem comes when they try to use their IBC to avoid taxes on money earned in their home country ,and there are plenty of lawyers and financial guys willing to help them .The thought of going rouge is absurd ,everything we eat ,drink ,wear is bought w central bank drafts ,all the clearing banks would do is hold those drafts forever to do due diligence .They would not risk the fines that they would be laundering money from a rogue nation ,especially w the type of investor we would attract by saying F U to the E U,OCED, and US
On OECD rattles its sabre on investor residency
Posted 17 October 2018, 4:03 p.m. Suggest removal
concernedcitizen says...
yeah great point ,,NOT ,,you think Atlantis or Baha mar want their money to sit in the clearing banks for months while due diligence is done on the funds and they collect no interest or investment .You think any high net worth individual , except drug dealers that don,t care if they lose 30% to wash their money , want their money to sit in the clearing banks of NY etc for months on end . You think Super Value or even a small grocer want their Central Bank draft to take 3 to 4 months to clear to buy goods for their stores ..That's what will happen going rouge ,,plus The Bahamian dollar will be nearly worthless ,,its nice to think we can f##k the OCED ,EU , or the US but in reality unless you want to wind up like Haiti we better not ..
On OECD rattles its sabre on investor residency
Posted 17 October 2018, 2:04 p.m. Suggest removal
concernedcitizen says...
Many of these loans were never going to paid back , they were homes for cronies ,friends ,political generals ,,many of which the cronies and friends put out to rent and never had an intention of paying back the government ,juss another Peoples penny savings bank ,Development bank ,Bank of the Bahamas type scam ,, a way to get our taxpayer money out the treasury .I say if the people can,t or won,t pay the mortgage put them out find buyers that can .If I cant pay my rent/mortgage for whatever reason I got to go live w/ my Ma ,uncle or something ..I,m tired of this sh#t ,,you would be surprised to find out you got these homes ,,put them out for rent and stiffed the tax payer
On Money for nothing: Mortgage Corp borrowers – half won’t pay debt
Posted 4 October 2018, 3:17 p.m. Suggest removal
concernedcitizen says...
I know BTC and ALIV work way better , under government ownership our cells phones were not compatible w any other net works .I travelled a lot back then for business and had to keep a U S phone , all the while D Barttlet was using the government buying power to sell up to date net works to Turks and Caicos etc.A policeman said arson is not suspected ,,okay where is a report from the police dept ,fire dept etc ,,4 different fires hmmm,,You tell me in 40 years have we been able to keep the lights on ,,PLP or FNM ..Then you go on about the board needs to be people w 10 experience producing electricity ,,Do u think the people on the board of GM are auto engineers or people from the assembly line ,,lol no boards are usually made up of people that are successful in their field , then have studies and talk to experts in the field they are board members on to make decisions .If u think we got to this place in two years of Minnis,,,hmmm ,,I assure you providing reliable electricity from diesel generators is not a new or complicated process ,,and yet in forty years we have been unable to do it,,past time to let those who know how to do it do it
On ‘I’ll shut down island’ threat - over one manager
Posted 19 September 2018, 8:09 p.m. Suggest removal
concernedcitizen says...
you just make up stuff to feed your bias ..I don,t care FNM ,PLP for thirty to forty years we can,t keep the lights on ,,let someone that can do it ,,and yes there was bidding ,was it fair?? if certain companies don,t think so they can go to court .As far as complaining to the U S State department ,,good luck the Trump administration rolled back the Obama rules that U S companies have to report who they give money and political donations to, bribes , while competing for contracts abroad
On ‘I’ll shut down island’ threat - over one manager
Posted 19 September 2018, 3:38 p.m. Suggest removal
concernedcitizen says...
Its past time to get a private company to have majority shares and decision making ..Get the deal done w Shell N A pronto .Notice how we no longer have union problems w/ BTC since a private firm has the majority shares and decision making , they can no longer strong arm the government for votes .Also amazing when CWC, now Liberty , took over 51 % of BTC our treasury received twice the revenue then when it was solely publically owned ..Let Shell build own and operate , get politics out of it,FNM or PLP .Let this union gangster deal w private owner that won,t cave for votes , In the mean time we have over 1000 defence force , station them at all critical electrical locations ..
On ‘I’ll shut down island’ threat - over one manager
Posted 19 September 2018, 9:06 a.m. Suggest removal
concernedcitizen says...
lmaorof
On University 'needs $300m not $3m'
Posted 18 September 2018, 10:53 a.m. Suggest removal