Comment history

realitycheck242 says...

The floating grid tie method could be successfully built using less than one quarter of the space on lake killarney. This would eliminate the need for any land space. Plug holes in power secure argument that New providence does not have enough land space and avoid the problems of high tides and bad weather. This method is said to be more efficient than land SPV systems because the lake water can be used for cooling. A private public partnership PPP can be used to finance this project. The vested interest in fosiil fuel supplies to this country and the politically connected both fnm and plp will not seek to do what they know is trght and push to go SPV route and we can all guess the reasons why. A large scale floating solar panel system on lake Killarney could easily generate all the power needed for BPL . these types of systems are already in use and being proven around the world.

realitycheck242 says...

Atleast he did the right and honorable thing now that his dirt is out in the open. If all the white colar criminals and politicians present and past would come clean do the honorable thing with reparations for all crimes committed ...we would have many positions avsliable for the younger generation

realitycheck242 says...

History has proven that the cyclical nature of the boom and bust cycle of the global economy will continue, so Mr Plummer you may be on point here. Another recession is imminent. The 63 trillion emerging market depth coupled with the China 4.3 trillion and the USA 21 trillion shows that the world's abd its two largest economies is consumed with bad depth and this burble like all others must burst someday. The only question is how soon..

On Cheap credit – culprit or bait?

Posted 14 September 2018, 3:50 p.m. Suggest removal

realitycheck242 says...

God forbid .....any decision to give any cruse line the right to manage the Nassau cruise port would go down in history as a travesty to every Bahamian. Let them bid. Take their proposal fee's but make sure they do not win. They certainly would not include the small man in their share ownership plans. The highest merit government should judge all proposals on is the widest possible distribution of ownership to the .average Bahamian. We as a country cant afford for another slice ouf our economic pie to be given away to foriegners Especially from a government that claims "Its the People Time".

On Cruise lines 'not barred' from port manage bid

Posted 14 September 2018, 3:02 p.m. Suggest removal

realitycheck242 says...

Owen Bethell and Julian Brown form Benchmark needs to be publically castrated for all the white color crimes they have commited against the Bahamian public. They are both the Bahamas equivalent to Bernie Madoff. Being barred for life not enough punishment.

On Bahamian banker’s life ban on $17m collapse

Posted 12 September 2018, 3:48 p.m. Suggest removal

realitycheck242 says...

You two Tai and Don missing one very important point. The state is made up of the Executive Branch, The Judicial Branch and the Legislative Branch. The Chief justice being the head of the Judicial Branch is just as important to the functioning of this and any country under the west minister system as the Governer general or the prime minister.and .....A sitting chief justice who dies rightly deserves a State funeral .

realitycheck242 says...

No group stands a chance of winning the Cruise port Bid unless it has a plans for spreading the wealth through share distribution for the small man and retail investors.

On Bahamian group in cruise port proposal

Posted 8 September 2018, 5:34 a.m. Suggest removal

realitycheck242 says...

Bad Bad idea ...Mr Cooper must think NIB is his private Insurance company. Nib has many stresses on the fund at present and some acturary studies have predicted its depletion by 2025. On the flip side many Bahamains who works in the public service, Hotels and many other sectors are unable to manage their personal financial affiars with 90% of them haveing exceeded the 65% loan threshold on their salaries. Nib must maintain its conservative investment approach that avoids funding entrepreneurial ventures because of their long-term obligations to pay due pensions and benefits to beneficiaries. Institutions such as the Bahamas developement Bank were created for entrepreneurial purposes and look at the loan default rate that institution is experiencing which causes the government to have to subsidize BDB to the tune of 3 million every year. We the Bahamian public cannot afford for this to happen to NIB

On 'Unshackle' 10% of NIB assets for SMEs

Posted 7 September 2018, 3:52 p.m. Suggest removal

realitycheck242 says...

I predict that the small man and retail investor take in the allocation of shares in the proposed BIF of the Nassau cruise port wiill be south of five percent. Did someone say Blind trust fund.?? Give us the intended share distribution percentages for GPH, APD the GOV and the public.

realitycheck242 says...

you are so right ....the Pointe has already starting to build their broadwalk to connect to the Prince George broad walk....just look in the sea at the front of senior frogs...Three days ...Three articles .....the Tribune Batting for this group