Government should obviously proceed cautiously. White elephants are hard to live down.
That said, Bradley is comparing apples with oranges. BORCO had many times more employees when it was a refinery. Bunkering is not the same.
Additionally, it was a crude refiner. I do not know what the proposed refinery intends to produce but because there is no market for crude products does not necessarily mean that there is no market for refined products.
I end where I began, the government should tread lightly. Show me the money.
Unfortunately, Bahamians fail to appreciate that we have benefited from trade agreements for decades. They have typically been bilateral, but trade agreements non-the-less.
A. These agreements are expiring and are being replaced with WTO.
B. The existing agreements are only goods based. Service and intellectual property are generally not covered.
C. We seem to take historical access to foreign markets for granted because we are small and have good foreign relations. Without guaranteed access, we can easily be excluded like Haiti and Cuba have historically been.
D. We already see how this works when we try to do things in cyberspace only to be face with, “sorry, this [blank] does not allow access from your jurisdiction”. Or OECD blacklisting of our financial industry. People were up in arms when they thought that Florida had banned the import of seafood from The Bahamas.
Lord help us if 45 work up this morning and decided to prohibit US citizens from visiting The Bahamas or Bahamians from visiting the USA.
We seem to only think domestic when we discuss business. We only survive because we export goods and services. If we closed our borders and made only B$ transactions (or were closed by others), we would starve.
We need to cease the emotional response and figure out how to use WTO access to our expanded benefit while charging Winder to negotiate well to protect our vulnerabilities.
We should do everything in our power to protect our borders but if a child is within our borders, by whatever means, we have a legal obligation and a selfish reason to educated them and assimulate them into our society.
To not do so is to alienate the child and grow a potential criminal along the way.
Rolle would be correct if consumers had freedom to transfer accounts, mortgages, etc from provider to provider without penalty. You can't have freedom only on one side of a market and have it succeed.
The lead up to this day was much to be desired. Government should have never interfered in a private matter.
Having said that, the questioning of a temporary occupancy certificate and the "handover " and phased opening of a resort that has not closed its purchase agreement is not unusual.
You receive temporary occupancy certificates for the portions that are complete. In a multbuilding complex a phased occupancy is normal.
As for handover to new "owners" anything can be contractually agreed to subject to terms. The purchase closing may be subject to securing an occupancy certificate for the entire resort. Does not mean that the seller will not allow the purchaser to make use on a phased basis.
dfitzerl says...
Owners don't neccesarily have to be operators/managers.
On Ex-GBPA attorney tells govt: Buy GB harbour and airport
Posted 8 November 2019, 7:01 p.m. Suggest removal
dfitzerl says...
I assure you that the reason Carey is not still General Counsel is because he fought every day to force GBPA to execute its fiduciary duties
On Ex-GBPA attorney tells govt: Buy GB harbour and airport
Posted 8 November 2019, 6:58 p.m. Suggest removal
dfitzerl says...
Government should obviously proceed cautiously. White elephants are hard to live down.
That said, Bradley is comparing apples with oranges. BORCO had many times more employees when it was a refinery. Bunkering is not the same.
Additionally, it was a crude refiner. I do not know what the proposed refinery intends to produce but because there is no market for crude products does not necessarily mean that there is no market for refined products.
I end where I began, the government should tread lightly. Show me the money.
On Questions raised over refinery deal
Posted 20 February 2018, 5:53 a.m. Suggest removal
dfitzerl says...
Has Government explained its rationale for approval?
On GB Power buy-out approval in face of fight ‘regrettable’
Posted 13 February 2018, 6:33 a.m. Suggest removal
dfitzerl says...
Unfortunately, Bahamians fail to appreciate that we have benefited from trade agreements for decades. They have typically been bilateral, but trade agreements non-the-less.
A. These agreements are expiring and are being replaced with WTO.
B. The existing agreements are only goods based. Service and intellectual property are generally not covered.
C. We seem to take historical access to foreign markets for granted because we are small and have good foreign relations. Without guaranteed access, we can easily be excluded like Haiti and Cuba have historically been.
D. We already see how this works when we try to do things in cyberspace only to be face with, “sorry, this [blank] does not allow access from your jurisdiction”. Or OECD blacklisting of our financial industry. People were up in arms when they thought that Florida had banned the import of seafood from The Bahamas.
Lord help us if 45 work up this morning and decided to prohibit US citizens from visiting The Bahamas or Bahamians from visiting the USA.
We seem to only think domestic when we discuss business. We only survive because we export goods and services. If we closed our borders and made only B$ transactions (or were closed by others), we would starve.
We need to cease the emotional response and figure out how to use WTO access to our expanded benefit while charging Winder to negotiate well to protect our vulnerabilities.
On 'Deathly afraid' for local ownership under WTO
Posted 13 February 2018, 6:05 a.m. Suggest removal
dfitzerl says...
These comments are sad
We should do everything in our power to protect our borders but if a child is within our borders, by whatever means, we have a legal obligation and a selfish reason to educated them and assimulate them into our society.
To not do so is to alienate the child and grow a potential criminal along the way.
On Immigration policy's impact on public services a 'serious threat' to national security
Posted 23 September 2017, 6:24 p.m. Suggest removal
dfitzerl says...
Rolle would be correct if consumers had freedom to transfer accounts, mortgages, etc from provider to provider without penalty. You can't have freedom only on one side of a market and have it succeed.
On Governor: ‘No persuasive case’ price controls work
Posted 2 September 2017, 9:03 a.m. Suggest removal
dfitzerl says...
Lord, I hope that VVP has purged himself of his "Club Grand Bahama" marketing scheme. "The Grand Life" is what Grand Bahama is focused on.
On Grand Lucayan ‘knee jerk’ kills $350m plan
Posted 26 August 2017, 11:14 a.m. Suggest removal
dfitzerl says...
We suffer from reading comprehension in this country
On Hanna Martin accuses auditor of guesswork on road traffic
Posted 4 April 2017, 6:59 a.m. Suggest removal
dfitzerl says...
The lead up to this day was much to be desired. Government should have never interfered in a private matter.
Having said that, the questioning of a temporary occupancy certificate and the "handover " and phased opening of a resort that has not closed its purchase agreement is not unusual.
You receive temporary occupancy certificates for the portions that are complete. In a multbuilding complex a phased occupancy is normal.
As for handover to new "owners" anything can be contractually agreed to subject to terms. The purchase closing may be subject to securing an occupancy certificate for the entire resort. Does not mean that the seller will not allow the purchaser to make use on a phased basis.
Let's remain objective in our assessments.
On Baha Mar is 'handed over'
Posted 25 March 2017, 10:06 a.m. Suggest removal