have faith and believe Fred otherwise the policy makes zero sense.
Cubans make $1,000 a month and that’s 20% of their cost before housing and food allowance. Total cost of Cuban Nurse is $5,000 a month ($1,000 / 20%) plus $1,000 for food and rent.
So we are up to $7,000 a month or $84,000 a year.
We paying Bahamian nurses $24,000 a year …. they then go to the U.S. / their to make $60,000 a year.
No wonder Bahamians insist thier children leave. Ain’t nuttin here for da yuts dem.
I think it is a good policy that all government employees are forced to bank with the government owned bank.
rbc, cibc, Scotia are owned by Canada and dividend most of their profits out of the country.
All the profits made by the BoB are reinvested into the government to generate more income for the country.
Also because we can't borrow money in the international markets due to our $13 billion in debt and ppl worry about if the government will default. Its better that the government borrow money from itself to pay in self.
If the BoB runs out of money due to the payroll the government can simply "bail it out" like it did the last time.
Also if the Webshops all Bank at Bank of the Bahamas then massive deposits at the bank can be used to finance the government payroll!
Webshops have been helping the economy and making massive contribution to the well being of the Country.
… actually it’s a disconnect as IR may not be aware that the Bahamian registered office and agents of these 250,000 IBCs are not the business offices of these companies which are spread out across the globe and that they actually don’t have the data nor the manpower or the fees to complete this requirement.
happyfly...let not forget $0 for schools, parks, roads, electricity, water, airport upgrades, cultural centers, hospitals, housing for the staff, affordable lots for Bahamians to create a sustainable community....or nothing at all to enhance the quality of life for Bahamians.
These are essentially jobs made for the migrant working class at the bottom of the food chain and the elite foreigners and overseas corporate offices where all the profits are skimmed off the top leaving little for anything else.
Exuma is being sucked dry ... move along now, nothing more to see hear ... nothing here for the locals. The political and legal class in Nassau wins along with its foreign investors.
What is the sense of the Tribune publishing one side of the economic story and then in another story feature crime which is created by ppl living hopeless lives.
Is my interpretation of this correct? JDL receives the package and charges a fee of 20 cents/lbs to replicate the weight and dimensions of every single air freight parcel arriving in Nassau. And if freight forwarding companies don’t pay them they will detain third party shipments and revoke a business license?
… I say replicate because the freight forwarder performs this procedure at their receiving facilities in Florida
… one additional and unnecessary step and sweetheart deal increasing inflation in the Bahamas
… it look like a “new day” and “fresh breeze” for some but it’s the same old hot day and stink wind for we
observer2 says...
have faith and believe Fred otherwise the policy makes zero sense.
Cubans make $1,000 a month and that’s 20% of their cost before housing and food allowance. Total cost of Cuban Nurse is $5,000 a month ($1,000 / 20%) plus $1,000 for food and rent.
So we are up to $7,000 a month or $84,000 a year.
We paying Bahamian nurses $24,000 a year …. they then go to the U.S. / their to make $60,000 a year.
No wonder Bahamians insist thier children leave. Ain’t nuttin here for da yuts dem.
On Mitchell hits out at Cuban claims
Posted 24 April 2025, 5:07 p.m. Suggest removal
observer2 says...
i see no need to dig up the past problems of BoB
let dat rest
On ‘Rights infringed’ over BOB banking directive
Posted 21 February 2025, 10:53 a.m. Suggest removal
observer2 says...
I think it is a good policy that all government employees are forced to bank with the government owned bank.
rbc, cibc, Scotia are owned by Canada and dividend most of their profits out of the country.
All the profits made by the BoB are reinvested into the government to generate more income for the country.
Also because we can't borrow money in the international markets due to our $13 billion in debt and ppl worry about if the government will default. Its better that the government borrow money from itself to pay in self.
If the BoB runs out of money due to the payroll the government can simply "bail it out" like it did the last time.
Also if the Webshops all Bank at Bank of the Bahamas then massive deposits at the bank can be used to finance the government payroll!
Webshops have been helping the economy and making massive contribution to the well being of the Country.
Boy the PLP is absolutely brilliant!
On ‘Rights infringed’ over BOB banking directive
Posted 21 February 2025, 10:51 a.m. Suggest removal
observer2 says...
Also Delaware and Wyoming now offer “tax see through” LLCs with far less cost, greater efficiency, transparency and zero regulatory nonsense.
On Tax chief: Property filing target ‘ain’t so hard cut’
Posted 12 February 2025, 3:15 a.m. Suggest removal
observer2 says...
Wow, I’ve used BVI registrations for the last 30 years
Let me assure you it’s far more efficient and the regulators actually understands the role of its agents
On Tax chief: Property filing target ‘ain’t so hard cut’
Posted 12 February 2025, 2:22 a.m. Suggest removal
observer2 says...
… actually it’s a disconnect as IR may not be aware that the Bahamian registered office and agents of these 250,000 IBCs are not the business offices of these companies which are spread out across the globe and that they actually don’t have the data nor the manpower or the fees to complete this requirement.
… time to move to tci, bvi, Delaware, Cayman
On Tax chief: Property filing target ‘ain’t so hard cut’
Posted 10 February 2025, 1:15 p.m. Suggest removal
observer2 says...
happyfly...let not forget $0 for schools, parks, roads, electricity, water, airport upgrades, cultural centers, hospitals, housing for the staff, affordable lots for Bahamians to create a sustainable community....or nothing at all to enhance the quality of life for Bahamians.
These are essentially jobs made for the migrant working class at the bottom of the food chain and the elite foreigners and overseas corporate offices where all the profits are skimmed off the top leaving little for anything else.
Exuma is being sucked dry ... move along now, nothing more to see hear ... nothing here for the locals. The political and legal class in Nassau wins along with its foreign investors.
What is the sense of the Tribune publishing one side of the economic story and then in another story feature crime which is created by ppl living hopeless lives.
On The real impact of Rosewood Exuma - an economist’s view
Posted 25 December 2024, 11:48 a.m. Suggest removal
observer2 says...
Yes, we definitely should have a commission of inquiry but only after we complete the 2019 Dorian missing persons list for Abaco.
On ‘Absolute sham and shakedown’: Sarkis has $1.6bn Baha Mar win
Posted 21 October 2024, 1:55 p.m. Suggest removal
observer2 says...
Is my interpretation of this correct? JDL receives the package and charges a fee of 20 cents/lbs to replicate the weight and dimensions of every single air freight parcel arriving in Nassau. And if freight forwarding companies don’t pay them they will detain third party shipments and revoke a business license?
… I say replicate because the freight forwarder performs this procedure at their receiving facilities in Florida
… one additional and unnecessary step and sweetheart deal increasing inflation in the Bahamas
… it look like a “new day” and “fresh breeze” for some but it’s the same old hot day and stink wind for we
On Cargo company ‘threatening business licences’ of couriers
Posted 3 October 2024, 3 p.m. Suggest removal
observer2 says...
Look like to only ting left for we is to stay black, poor, ignorant and crime.
On Cargo company ‘threatening business licences’ of couriers
Posted 3 October 2024, 2:40 p.m. Suggest removal