Hrysilpus all of your points are valid and true. I will, however, respectfully disagree with your assessment that Mr. Rolle has had very little experience in the financial world. That statement is just not true. The fact is that Bahamian "entrepreneurs" are lazy, clueless, talk a good game, but simply do not have the ability (financial or talent) to see an idea thru from conception to implementation. They seem to forget that the government is not supposed to guarantee them money to fund their whimsical projects. They need to hit the pavement and solicit money. Most of them should really read Steve Jobs' book to see what a true entrepreneur is. Sadly, the entrepreneurial spirit is not alive and well i n the Bahamas.
Wellmuddatakesick: I do not disagree with your logic. My only issue is, if you close the bank, then what do you do with the employees? Given the already lackluster employment numbers, do we really need more unemployed citizens?
Thank you Torontogal. The scatological thinking of John and sheeprunner is unfortunately prevalent in todays society. This issue is not a referendum on Marion Bethel, but rather, on whethr rape is rape. At least "sheep"runner is true to his name.
OldFort2012, my next comments are in no way to be disrespectful. So if you don't mind a reasoned rebuttal to your comments then I shall proceed. I submit that your comments only prove the redundancy of this Bill. If, as you suggest, that Steve Jobs, from the origins of his garage in the US, was able to create 1116,000 jobs (and is, of course a billionaire), the logical question then is: why come to the Bahamas if he can derive the benefits he derived in the US? For that matter, why would Jack Ma leave China and come to The Bahamas? Or Shawn Parker (showing my age I know) ? Or the Winklevoss twins? This Bill provides no incentive for anyone engaged in the businesses mentioned in the Bill to lure them to The Bahamas. As is currently drafted, the Bill is, at best redundant (most of the provisions already form The Bahamas' National Investment Policy) and at worst, a gigantic waste of time which will not benefit anyone save for the lawyers and consultants paid handsome amounts to draft the same.
tetelestai says...
That is not how I viewed it. And, unlike you, I was actually there. Please state facts instead of trying to be "cheeky" on a comment site.
On Hanna Martin named and suspended from House
Posted 1 February 2018, 11:55 a.m. Suggest removal
tetelestai says...
hrysippus don't be obtuse. You know very well the point of TheMadHatter's soliloquy.
On Hanna Martin named and suspended from House
Posted 1 February 2018, 11:54 a.m. Suggest removal
tetelestai says...
Hrysilpus all of your points are valid and true. I will, however, respectfully disagree with your assessment that Mr. Rolle has had very little experience in the financial world. That statement is just not true. The fact is that Bahamian "entrepreneurs" are lazy, clueless, talk a good game, but simply do not have the ability (financial or talent) to see an idea thru from conception to implementation. They seem to forget that the government is not supposed to guarantee them money to fund their whimsical projects. They need to hit the pavement and solicit money. Most of them should really read Steve Jobs' book to see what a true entrepreneur is. Sadly, the entrepreneurial spirit is not alive and well i n the Bahamas.
On Venture capital 'a joke' without private investors
Posted 22 January 2018, 11:20 p.m. Suggest removal
tetelestai says...
Wellmuddatakesick: I do not disagree with your logic. My only issue is, if you close the bank, then what do you do with the employees? Given the already lackluster employment numbers, do we really need more unemployed citizens?
On BOB to avoid default with $6.4m pay-out
Posted 5 January 2018, 3:59 p.m. Suggest removal
tetelestai says...
Grant eternal rest upon her, Oh Lord...
...and let light perpetual shine upon her. May the souls of the dearly departed rest in peace. Amen.
On Ministry pays tribute to former civil servant
Posted 5 January 2018, 3:50 p.m. Suggest removal
tetelestai says...
Thank you Torontogal. The scatological thinking of John and sheeprunner is unfortunately prevalent in todays society. This issue is not a referendum on Marion Bethel, but rather, on whethr rape is rape. At least "sheep"runner is true to his name.
On Bethel: Minister’s comments fly in the face of decency
Posted 22 December 2017, 10:21 a.m. Suggest removal
tetelestai says...
OldFort2012, my next comments are in no way to be disrespectful. So if you don't mind a reasoned rebuttal to your comments then I shall proceed. I submit that your comments only prove the redundancy of this Bill. If, as you suggest, that Steve Jobs, from the origins of his garage in the US, was able to create 1116,000 jobs (and is, of course a billionaire), the logical question then is: why come to the Bahamas if he can derive the benefits he derived in the US? For that matter, why would Jack Ma leave China and come to The Bahamas? Or Shawn Parker (showing my age I know) ? Or the Winklevoss twins? This Bill provides no incentive for anyone engaged in the businesses mentioned in the Bill to lure them to The Bahamas. As is currently drafted, the Bill is, at best redundant (most of the provisions already form The Bahamas' National Investment Policy) and at worst, a gigantic waste of time which will not benefit anyone save for the lawyers and consultants paid handsome amounts to draft the same.
On Enterprise Bill - we were not consulted
Posted 1 December 2017, 5:18 p.m. Suggest removal
tetelestai says...
Touche birdiestrachan...touche!
On QC: Enterprises Bill ‘doesn’t go far enough’
Posted 1 December 2017, 5:09 p.m. Suggest removal