Comment history

tribanon says...

Insurance fraud?

On $167m BOB payout rolled over by Gov’t

Posted 5 October 2022, 12:53 p.m. Suggest removal

tribanon says...

Perhaps Kenrick Brathwaite is more interested in the kind of loans that end up getting transferred to special purpose vehicles created by government for the purpose of covering up BOB's fraudulent lending practices at great expense to the taxpayers, e.g. Bahamas Resolve.

tribanon says...

Obviously our Central Bank is clueless about the effects of out-of-control inflation on the cost of construction materials. And Hurricane Ian will put yet another nail in the coffin of our construction sector.

On Tourism rebounds to 90% pre-COVID level

Posted 5 October 2022, 12:43 p.m. Suggest removal

tribanon says...

We could go 100 years without a major hurricane and these insatiably greedy property insurers and their reinsurers, both in the Bahamas and abroad, would never ever entertain the idea of lowing the exorbitant hurricane insurance premiums they now charge us.

An insurance license is a license to steal with the blessing of government regulators. These insurers are all too quick to pocket your premium payments and then deny or give you a most difficult time (even force you to hire a costly lawyer) when you make a claim in your time of great need. They prey on your fear to collect their premiums and then turn their back on you when you make a claim.

And these greedy vultures even get the better of the bank that holds the mortgage on your property by having the premiums tacked on to your mortgage loan, often in exchange for a hidden commission fee as compensation for the additional credit risk taken on by your bank.

tribanon says...

And do you think cruel and corrupt Davis is any different? For you that's obviously a rhetorical question.

tribanon says...

What lying Pintard is not telling us is that even the best fuel hedging programs in a prolonged period of rising fuel costs cannot avoid the inevitable impact of high fuel costs. This is because the number of counterparties needed to take the opposite bet on a long-term basis, i.e., the bet that prices eventually will decline, all too quickly dries up leaving no meaningful or effective marketplace for sustained long-term price hedging programs.

And with the OPEC nations now set to take 2 million barrels a day off of the crude oil market, to keep prices as high as possible, and Russian oil being removed from the marketplace by U.S. sanctions, we can look forward to outrageously high and unaffordable electricity costs.

Pintard, like cruel and corrupt Davis, would rather tell subtle lies to the Bahamian people while saying very little if anything about what he could or would do to fix the problem. Politicians who prefer playing the blame game with their political opponents do **not** have what it takes to be a responsible and effective leader of the people.

tribanon says...

> Mr Wilson said officials do not see inflation rising above five percent on an annual basis.

Even the most D - educated among us know that inflation has been running at way more than 5% per annum for years now. And this bald-faced lying twit, Simon Wilson, knows full well that inflation in our country has been out-of-control for many years thanks in great part to successive corrupt governments printing Bahamian dollars like there is no tomorrow and borrowing willy-nilly from foreign lenders.

For years the purchasing power of the Bahamian dollar has been declining, representing a de facto revaluation of our Bahamian currency which only serves to exacerbate the high inflation our country is now importing from other nations. Our decades of corrupt governments have left us with our pants down (or skirts high) to take a royal .......... like no other!

Lying Wilson is singing whatever hogwash cruel Davis and Halkitis tell him he must sing to get his supper. If his paymaster tells him to do so, lying Wilson would even tell us unemployment in our country has never exceeded 5% and that we can trust the meaningless statistics our government puts out for consumption by the most ignorant among us.

tribanon says...

"principal"

tribanon says...

principal

tribanon says...

That poor police officer could just as easily have been stabbed in the chest by his assailant. Illegal firearms are only part of the problem. Growing severe poverty breeds uncontrollable violence of the worst possible kind. I wouldn't work at the cash register of any store in New Providence today. Jobs involving the handling of cash are very prone to come with shortened life.

And the police are too busy taking licensed firearms away from decent folks who know how to securely store and use them when needed while letting the illegal gun trade in our country go virtually unchecked. In fact, cruel Davis has saddled us with a useless police commissioner, Fernander.

Only every blue moon will the police conduct search operations for illegal firearms and then put the relatively few they find on public display for a meaningless crime fighting photo op. It is very much like our problem with illegal aliens who have 'over-run' our country's limited resources. Only every now and again in response to a public outcry are some of them rounded up and sent back to their home country on a plane.

Our real problem is decades of culturally ingrained pervasive government corruption from the very top right on down through the more senior ranks of the civil workforce.