All of the above stated by Mr. Bowe is ‘fine’ regarding negative effects from government intervention in private businesses in a capitalist society, as long as these commercial banks are not colluding on their pricing. The public only gets a fair shake when they are free to choose and companies determine pricing based on an unbiased market.

Moral of this story: speak up when you feel that you have been wronged, especially if you’re on the side of justice 👍🏽

The environmental issues here are obvious, so is the blatant disregard for our laws, rules and regulations.

We don’t need no more “swimming with the ~~~~~~~ Pigs🤬.

Regulatory People, do your job!

If you’ve ever worked in the public service you would know why I’ve come to this conclusion…

This way no “maintenance department” necessary, or at least minimally staffed.

“Rent” is based on local economics, landlords shouldn’t be able to get away with excessive rent when due diligence is conducted as would be done with a private company.

Of course any approach requires integrity and transparency…

Not withstanding the previous comment, with I suppose was meant to ensure transparency in government expenditure as well as the avoidance of nepotism (familial or otherwise), I think it’s prudent for our government to lease rather than purchase more properties.

Benefits:
1) We are poor on maintenance and care of government infrastructure. The building will be maintained by the owners ‘renter’.
2) The rent is the rent and other than utilities which may not be included, expenditures would be relatively ‘fixed’ and more predictable.
3) Bahamian owners and their investment vehicles can earn income, build wealth and ensure retirement savings. It stimulates the local economy!
4) Government collects taxes in the form of Business Tax, Real Property Tax and VAT. The tax authorities will know exactly what the private entity is earning on the real estate so there is less opportunity for fraud by that business.
4) The relevant government agencies occupying that building can focus on their specific tasks (they can ‘do what they do’, unencumbered by building maintenance issues).
5) Less “government employees”, as these folks will be absorbed by the empowered private sector or they themselves may be the property owners.

Defending the indefensible 🤨

🤣

NIB is a national asset. However successive governments have raided its ‘kitty’ for silly political projects. The funding of health centres is one example that on the surface would make sense (a healthy nation is a wealthy one), but were poorly planned and grossly mismanaged.

We need better accountability and Bahamians should be demanding it of our leaders 🤨

Not much love for Space X, and while I agree with much of the complaints registered here, it’s pretty Nassau-centric. Fortunately we are more than Nassau and going to almost any Family Island will reveal that. A greater attention to those islands, helping to enhance what they represent, will go a long way in protecting our environment and our national heritage…we need this approach more than ever given what’s dominating the news of late👍🏽

Great point👍🏽