Comment history

realitycheck242 says...

One of these Zip lines should be placed on Junkanoo Beach/western esplanard ....it would be profitable

On Zip line off to a flying start

Posted 7 February 2018, 7:18 a.m. Suggest removal

realitycheck242 says...

New Fortress in already supplying LNG energy to Jamaica, so its proven and will work. Short of solar and other renewables , Thats the way to go ! Hope other will see the results and go that route.

realitycheck242 says...

While a credit Bereau is what we need in the Bahamas the reality of our situation is that We have become a consumerism society just like all western countries.The financial discipline it takes to avoid living like the proverbial Joneses family is very hard to attain because of the modern pressures to satisfy relationships, business partners and friends and family. The research that shows that 80% of Americans live from pay check to pay check is higher amongst Bahamians because our average salary in the Bahamas is much lower.and the loan portfolio of the commercial banks can bear witness to this fact. With a population of over 300,000 and a smaller banking population this country has a total loan portfolio (personal and Bussiness) in the thousands of accounts with billions owed to those institutions. . Satistics also show that most government employees have breached the 75% salary deduction threshold proving that we a "must have now" generation. The advancment in technology and the need to get the latest eg Iphones and in some cases one for each family member has greatly contributed to the joneses effect. Gone are the days when we only had to worry about a house phone, cooking on the rock oven in the back yard, and riding the horse and buggy. As society modernizes the joneses effect will only increase because no one is willing to live like those monks anymore. Those who do are ostracized and considered homeless or doing bad. The joneses effect is all about percieved status and only one percent of us have truly earned it.

On Two years for Credit Bureau to start work

Posted 1 February 2018, 4:52 p.m. Suggest removal

realitycheck242 says...

This is a precedent setting case. The Law is the Law. Hopefully there are not many others in Haiti who were born here with the same issue and can prove it !

realitycheck242 says...

Repost ....Those folks in the pink building are the decendents of the visionaries who founded the port and the city of freeport. Second generation family members usually lack the vision of the founders so you are right in saying they collect big salaries. They are protectionist of their parents legasy. Hopfully some of the grand kids if educated properly will revive the vision if they are around !

On $2billion GB resort proposed

Posted 30 January 2018, 3:09 p.m. Suggest removal

realitycheck242 says...

Those folks in the pink building are the decendents of the visionaries who founded the port and the city of freeport. Second generation family members usually lack the vision of the founders so you are right in saying they collect big salaries. They are protectionist of their parents legasy. Hopfully some of the grand kids if educated properly will revive the vision if they are around !

On $2billion GB resort proposed

Posted 30 January 2018, 3:05 p.m. Suggest removal

realitycheck242 says...

Nothing said about chinese involvement in this project so far, They may just avoid the Baha Mar syndrome if they keep it that way !

On $2billion GB resort proposed

Posted 30 January 2018, 2:30 p.m. Suggest removal

realitycheck242 says...

Make sure check their pockets, Make sure they are no Bobby Ginn, Nine phases over ten years, While this staggered approach to the development is commendable, it also says alot about their finances. Will the earlier phases be used as leverage for the later phases.Things that make you go hummmm ! Ever heard of a development Ponzi scheme !

On $2billion GB resort proposed

Posted 30 January 2018, 2:27 p.m. Suggest removal

realitycheck242 says...

interesting facts, Them Hackers on they Game. It seams as if the trading rules for ICO's are just like regular currency.

On BISX to 'jump in' oncryptocurrency IPOs

Posted 25 January 2018, 4:07 a.m. Suggest removal

realitycheck242 says...

@Banker 10% of all ICO's have been hacked from 2015 to 2017 ....a value of about 1.5 million dollars a month. If BISX and the Bahamas is to get this right we MUST implement regulation and strong safty nets or suffer from reputational damage. . Hackers are attracted by the rush, absence of a centralized authority, blockchain transaction irreversibility and information chaos," BISX should start with a cyber security unit.

On BISX to 'jump in' oncryptocurrency IPOs

Posted 24 January 2018, 2:59 p.m. Suggest removal