high amounts of c19 deaths is very bad for tourism. best if we keep the number of deaths down and the number of c19 cases down as we start to open up on 11/1.
I'll leave aside the questionable borrowing at horrible rates from crooked Europeans banks and focus on solar.
While Bahamian's using their dodgy European energy partners are being saddled with hundreds of millions in debt with last centuries global warming diesel power plants - America in Florida is making it very easy and simple for their energy consumers to invest in solar.
This is what Florida Power and Light is doing.
Source FPL Website:
"A hassle-free way to go solar The FPL SolarTogetherTM program gives everyone an opportunity to be a part of the Sunshine State’s clean energy future. With this exciting new program, you can enjoy the benefits of Florida-generated solar energy, while keeping your bill among the lowest in the nation. • Join whether you rent or own • Get up to 100% of your energy from solar • Fixed, low monthly charge • Immediate bill credits • No upfront cost or insurance • No installation or maintenance • Moving? Take the program with you • Lower your carbon footprint"
50% of our foreign debt is fuel importation with the entire amount flowing through one company owned by you know who.
Probably why we can't go solar or use electric cars....with all this sun raining down on the Bahamas. On the contrary lets now drill for oil and destroy our fishing grounds.
Who is Suez? Looked it up on the internet and can't figure out where this company is based or who owns the company. Seems extreamly international and fluid.
Why is it when we want to buy planes for BahamasAir we go to Airbus Italy ($250m). Whey when want to buy fossel fuel power plants we go to Shell in the Netherlands ($100m), why when we want to defense for boats we go to Europe? Why is it when we want to borrow $600m we go to Credit Suisse in Switerland? Why are we dealing with these types of people when they have all black listed us and now cutoff our water?
Ok on the reverse side. Who come to our rescue during Dorian? America. Who comes to our rescue during Covid19 - America.
So, when it come to money going out we go to corrupt black listing Europe but when we are being wiped out by hurricanes and pandemics we look to America. When we need tourist we look to america.
Why can't we deal with America? The planes, boats, diesel/fossil generators and now essential water are all wrong for our islands but there must be something really nice about dealing with the Europeans and non transparent companies like Suez....wow! I never even heard about them and this contract before. They must have kept it on the down low.
America has a law called the Foreign Corrupt Practices act which stops American companies from paying kickbacks to foreigners.
C2B. You got it half right. Yes a 50% devaluation would occur but the rich Bahamians will get even wealthier because the bulk of their funds are in hard currencies safely in Europe.
Income tax on the wealthy will dramatically improve the governments finances, which seems to be the only thing Turnquest is worried about. The rich foriegners will simply give up their Bahamian permanent residencies and live here less than 3 months a year. We will get off the European black list for sheltering tax exiles.
The OECD was to see Bahamian IBCs pay tax not ppl. Anyone with any money has it in corporations. The tas residence certificate is a nonsense ... who Dey tryin to fool? Da oecd, lol.
If wealthy Bahamian ppl paid large amounts of taxes they would suddenly become more interested in governance Rather than leaving it up to the poor and uneducated and untraveled to govern.
Most poor ppl run for parliament to make a living or a massive amount of money through connections with foreign investors.
In canada they have just revoked the work permits of many maids who came in from other european countries.
Once that was done, numerous maid jobs paying $20 an hour were taken up by white canadian college students.
These were good paying jobs due to good government regulation.
foreigners love fillipiono worker because they work 18 hours a day 7 days a week for $250 plus room and board. that is slavery. no matter what the race.
FrustratedBusinessman. To drastically reduce our reliance of foreigners we can (1) convert to solar energy (Florida Power and Light now have an option to buy a portion of their solar fields to get all your power from solar. This would cut our oil bill in half (2) move to electric cars (3) make a real effort for agriculture (4) stop making school children having to wear cloths which need to be ironed (the iron uses the most electricity of any houshold appliance (5) we can put a freeze on massive gated communities and hotels which use up 80% of the energy and provide low paying jobs - well C19 got rid of them anyway (6) we can stop the cruise ships from polluting our oceans so we can expand our fishing industry.
There is lots we can do. It's just that the ppl in the ERC and the likes have us brain washed that foreigners are the saviours of poor black ppl.
TheMessenger. Why would they leave the Bahamas? they have already left Europe, Canada and the US with their billions which is shielded from Canadian capital gains tax (50%), US Cap gain tax (20%) and European Cap gains tax (30%). Bahamian capital gains tax (0%).
You can't build a country off of regressive VAT and customs duties....you need to tax billionaires. In any country 80% of the taxes are collected from 20% of the richest ppl. In the Bahamas poor ppl pay more taxes than the rich because there is no income tax.
That is why the bahamas is broke, will remain broke and the foreigners love it just the way it is. We have dumbed down our children for 50 years they don't even know they are dumb.
Look at the composition of the ERC? Where do these guys get their incomes from? They all have a vested interest in the status quo. Therefore none of their recommendations which were zeroxed from the PLP National Economic Plan are revolutionary.
By the time they tray to impliment any of it the PLP will be back in power...the first they will do is have another economic commission to figure out what to do.
By that time the bahamian dollar will be worth 50 cents.
The TRC is a worthless piece of paper that the OECD will see straight through.
Most foreigners don't keep their money or investments in Bahamian banks or brokerage houses.
They normally will have a Caymanian company which will then hold brokerage accounts elsewhere in the world.
The theory goes as follows (1) Live in the Bahamas (2) title your assets in Cayman and (3) bank in europe.
The TRC will be silent on the Cayman corps and european bank accounts.
Unless the foreigner wants the Bahamian government to know how many billions they have around the world. Turnquest will need to tax them once he figure out how much and where they are!
wake up bahamas....lets do some real industries like fish, farming, light manufacture, instead of trying to live off foreigners and tourist.
observer2 says...
I stand corrected and hold my head in shame
On Lyford Cay wages equal $3k to all Nassau families
Posted 26 October 2020, 12:08 p.m. Suggest removal
observer2 says...
high amounts of c19 deaths is very bad for tourism. best if we keep the number of deaths down and the number of c19 cases down as we start to open up on 11/1.
On 331 new cases since Thursday
Posted 26 October 2020, 11:58 a.m. Suggest removal
observer2 says...
Wow bloggers lets get to work on this one.
I'll leave aside the questionable borrowing at horrible rates from crooked Europeans banks and focus on solar.
While Bahamian's using their dodgy European energy partners are being saddled with hundreds of millions in debt with last centuries global warming diesel power plants - America in Florida is making it very easy and simple for their energy consumers to invest in solar.
This is what Florida Power and Light is doing.
Source FPL Website:
"A hassle-free way to go solar
The FPL SolarTogetherTM program gives everyone an opportunity to be a part of the Sunshine State’s clean energy future. With this exciting new program, you can enjoy the benefits of Florida-generated solar energy, while keeping your bill among the lowest in the nation.
• Join whether you rent or own
• Get up to 100% of your energy from solar
• Fixed, low monthly charge
• Immediate bill credits
• No upfront cost or insurance
• No installation or maintenance
• Moving? Take the program with you
• Lower your carbon footprint"
50% of our foreign debt is fuel importation with the entire amount flowing through one company owned by you know who.
Probably why we can't go solar or use electric cars....with all this sun raining down on the Bahamas. On the contrary lets now drill for oil and destroy our fishing grounds.
On BPL fears Gov't borrowing strike for $535m raise
Posted 26 October 2020, 10:29 a.m. Suggest removal
observer2 says...
Ok bloggers lets get to work on this one.
Who is Suez? Looked it up on the internet and can't figure out where this company is based or who owns the company. Seems extreamly international and fluid.
Why is it when we want to buy planes for BahamasAir we go to Airbus Italy ($250m). Whey when want to buy fossel fuel power plants we go to Shell in the Netherlands ($100m), why when we want to defense for boats we go to Europe? Why is it when we want to borrow $600m we go to Credit Suisse in Switerland? Why are we dealing with these types of people when they have all black listed us and now cutoff our water?
Ok on the reverse side. Who come to our rescue during Dorian? America. Who comes to our rescue during Covid19 - America.
So, when it come to money going out we go to corrupt black listing Europe but when we are being wiped out by hurricanes and pandemics we look to America. When we need tourist we look to america.
Why can't we deal with America? The planes, boats, diesel/fossil generators and now essential water are all wrong for our islands but there must be something really nice about dealing with the Europeans and non transparent companies like Suez....wow! I never even heard about them and this contract before. They must have kept it on the down low.
America has a law called the Foreign Corrupt Practices act which stops American companies from paying kickbacks to foreigners.
On Supplier 'crossed line' on Eleuthera water shutdown
Posted 26 October 2020, 10:08 a.m. Suggest removal
observer2 says...
Well put Bonefish. “ Bahamians love politics and power but don't understand governance and management.”
Canada 🇨🇦 is a beautiful country and most educated young Bahamians that go there never return to the Bahamas if they can take the cold.
On Bahamas to eliminate abuse by tax dodgers
Posted 25 October 2020, 6:35 p.m. Suggest removal
observer2 says...
C2B. You got it half right. Yes a 50% devaluation would occur but the rich Bahamians will get even wealthier because the bulk of their funds are in hard currencies safely in Europe.
Income tax on the wealthy will dramatically improve the governments finances, which seems to be the only thing Turnquest is worried about. The rich foriegners will simply give up their Bahamian permanent residencies and live here less than 3 months a year. We will get off the European black list for sheltering tax exiles.
The OECD was to see Bahamian IBCs pay tax not ppl. Anyone with any money has it in corporations. The tas residence certificate is a nonsense ... who Dey tryin to fool? Da oecd, lol.
If wealthy Bahamian ppl paid large amounts of taxes they would suddenly become more interested in governance Rather than leaving it up to the poor and uneducated and untraveled to govern.
Most poor ppl run for parliament to make a living or a massive amount of money through connections with foreign investors.
They forget about over the hill once Dey reach.
On Lyford Cay wages equal $3k to all Nassau families
Posted 25 October 2020, 6:24 p.m. Suggest removal
observer2 says...
SP. I agree with you 100%.
In canada they have just revoked the work permits of many maids who came in from other european countries.
Once that was done, numerous maid jobs paying $20 an hour were taken up by white canadian college students.
These were good paying jobs due to good government regulation.
foreigners love fillipiono worker because they work 18 hours a day 7 days a week for $250 plus room and board. that is slavery. no matter what the race.
On Lyford Cay wages equal $3k to all Nassau families
Posted 25 October 2020, 12:01 p.m. Suggest removal
observer2 says...
FrustratedBusinessman. To drastically reduce our reliance of foreigners we can (1) convert to solar energy (Florida Power and Light now have an option to buy a portion of their solar fields to get all your power from solar. This would cut our oil bill in half (2) move to electric cars (3) make a real effort for agriculture (4) stop making school children having to wear cloths which need to be ironed (the iron uses the most electricity of any houshold appliance (5) we can put a freeze on massive gated communities and hotels which use up 80% of the energy and provide low paying jobs - well C19 got rid of them anyway (6) we can stop the cruise ships from polluting our oceans so we can expand our fishing industry.
There is lots we can do. It's just that the ppl in the ERC and the likes have us brain washed that foreigners are the saviours of poor black ppl.
by the way our leaders think the same thing.
On Lyford Cay wages equal $3k to all Nassau families
Posted 25 October 2020, 11:58 a.m. Suggest removal
observer2 says...
TheMessenger. Why would they leave the Bahamas? they have already left Europe, Canada and the US with their billions which is shielded from Canadian capital gains tax (50%), US Cap gain tax (20%) and European Cap gains tax (30%). Bahamian capital gains tax (0%).
You can't build a country off of regressive VAT and customs duties....you need to tax billionaires. In any country 80% of the taxes are collected from 20% of the richest ppl. In the Bahamas poor ppl pay more taxes than the rich because there is no income tax.
That is why the bahamas is broke, will remain broke and the foreigners love it just the way it is. We have dumbed down our children for 50 years they don't even know they are dumb.
Look at the composition of the ERC? Where do these guys get their incomes from? They all have a vested interest in the status quo. Therefore none of their recommendations which were zeroxed from the PLP National Economic Plan are revolutionary.
By the time they tray to impliment any of it the PLP will be back in power...the first they will do is have another economic commission to figure out what to do.
By that time the bahamian dollar will be worth 50 cents.
On Lyford Cay wages equal $3k to all Nassau families
Posted 25 October 2020, 11:47 a.m. Suggest removal
observer2 says...
The TRC is a worthless piece of paper that the OECD will see straight through.
Most foreigners don't keep their money or investments in Bahamian banks or brokerage houses.
They normally will have a Caymanian company which will then hold brokerage accounts elsewhere in the world.
The theory goes as follows (1) Live in the Bahamas (2) title your assets in Cayman and (3) bank in europe.
The TRC will be silent on the Cayman corps and european bank accounts.
Unless the foreigner wants the Bahamian government to know how many billions they have around the world. Turnquest will need to tax them once he figure out how much and where they are!
wake up bahamas....lets do some real industries like fish, farming, light manufacture, instead of trying to live off foreigners and tourist.
On Bahamas to eliminate abuse by tax dodgers
Posted 23 October 2020, 3:52 p.m. Suggest removal