Very good letter Ms Rolle.. I would only add a further analogy from Animal Farm...."The creatures outside looked from pig to man, and from man to pig, and from pig to man again; but already it was impossible to say which was which.” Christie has become that which he previously denounced.
We never used to get island-wide cuts this often in the past. It makes me think that there's some secret master switch that gets pulled when someone is pissed off :)
Damn right ondrap - if he has the chutzpah, and was a real politician, he would seize the opportunity with both hands. But we all know that's not the case. And our Chinese overlords will be reviewing those contracts at Baha Mar with a fine toothcomb, looking for ways to redistribute them when the opposition is voted in. No point having the families of Christie, Hanna etc earning the big bucks when their influence could be diminished
All the matters that have led to the downgrade are so obvious it hurts to have to spell them out.
But our Government feels that it must make everything so complicated and hard for private businesses to thrive, just because it wants to rule every aspect of our lives. Work permits, opening new companies, borrowing, currency regulations, labour disputes, technological innovations, entrepreneurship, Government oversight and ownership of utilities are all matters that should be less regulated. We will never have a mature economy if it is solely Government that dicates policy.
Surely they must know this by now? When we have a ruling elite whose backgrounds seem to be as lawyers, how can they know what is best for small (and large) businesses? For example, they dictate that the Bank of The Bahamas must be allowed to stay afloat, simply because they have promised the illegal gambling dens that they will have a place to launder their money. Well, guess what Mr Christie - this affects the whole of our second biggest industry, banking. We are now seeing the distinct likelihood that banking correspondence facilities will be severed - thanks Mr Christie.
Then we have our utility companies that are now in a state of decrepitude due to decades of under investment in equipment repairs, installation of new technologies, political cronyism, trade union overmanning, and inefficient generation of electricity (costly oil vs free sunshine) Or we have cable companies that must have Government Board representation and interference with its daily operating activities.
I could go on, but what's the point? Mr Christie is obviously a far more astute economist than Standard & Poors.
I'll tell you what is a surprise to me....that Christie has not called a snap election while the FNM / DNA are in such turmoil. It would be his only hope to win an election, as I'm sure that he could name a full slate of nominees far easier than could the present opposition. But thank goodness that he is too dumb even to do this.
*The Appeal Court has overturned a verdict that prevented the Securities Commission “from acting in the public interest”, following its battle with a BISX-listed company over the latter’s compliance with regulatory capital standards.*
I searched and I searched and I searched the article - I honestly did. But nowhere could I see the name Bank of The Bahamas.
Why does it have to cater to the select few? Why not open up shareholdings to the general public? (I know the answers, but just wanted to point out the obvious question many people would have)
watcher says...
Very good letter Ms Rolle.. I would only add a further analogy from Animal Farm...."The creatures outside looked from pig to man, and from man to pig, and from pig to man again; but already it was impossible to say which was which.” Christie has become that which he previously denounced.
On Dear Mr Prime Minister
Posted 18 January 2017, 5:38 a.m. Suggest removal
watcher says...
@MateusGo - Because Frankie Wilson has the monopoly over oil imports.....plain and simple
On Waste plant ‘makes no economic sense’
Posted 18 January 2017, 5:29 a.m. Suggest removal
watcher says...
We never used to get island-wide cuts this often in the past. It makes me think that there's some secret master switch that gets pulled when someone is pissed off :)
On Investigation into island-wide blackout
Posted 14 January 2017, 10:22 a.m. Suggest removal
watcher says...
Please Mr(s) Editor - can you find a picture that doesn't make him look like a crazed Nazi
On Minnis: Nothing to celebrate for PLP
Posted 13 January 2017, 5 p.m. Suggest removal
watcher says...
Damn right ondrap - if he has the chutzpah, and was a real politician, he would seize the opportunity with both hands. But we all know that's not the case. And our Chinese overlords will be reviewing those contracts at Baha Mar with a fine toothcomb, looking for ways to redistribute them when the opposition is voted in. No point having the families of Christie, Hanna etc earning the big bucks when their influence could be diminished
On PM: Rivals are in ‘meltdown’
Posted 23 December 2016, noon Suggest removal
watcher says...
All the matters that have led to the downgrade are so obvious it hurts to have to spell them out.
But our Government feels that it must make everything so complicated and hard for private businesses to thrive, just because it wants to rule every aspect of our lives. Work permits, opening new companies, borrowing, currency regulations, labour disputes, technological innovations, entrepreneurship, Government oversight and ownership of utilities are all matters that should be less regulated. We will never have a mature economy if it is solely Government that dicates policy.
Surely they must know this by now? When we have a ruling elite whose backgrounds seem to be as lawyers, how can they know what is best for small (and large) businesses? For example, they dictate that the Bank of The Bahamas must be allowed to stay afloat, simply because they have promised the illegal gambling dens that they will have a place to launder their money. Well, guess what Mr Christie - this affects the whole of our second biggest industry, banking. We are now seeing the distinct likelihood that banking correspondence facilities will be severed - thanks Mr Christie.
Then we have our utility companies that are now in a state of decrepitude due to decades of under investment in equipment repairs, installation of new technologies, political cronyism, trade union overmanning, and inefficient generation of electricity (costly oil vs free sunshine) Or we have cable companies that must have Government Board representation and interference with its daily operating activities.
I could go on, but what's the point? Mr Christie is obviously a far more astute economist than Standard & Poors.
On EDITORIAL: Standard & Poor’s Christmas gift to The Bahamas
Posted 22 December 2016, 5:11 a.m. Suggest removal
watcher says...
Of course he is amazed and shocked......he clearly told 100% of garages to rip off the public
On Sir Franklyn ‘shock’ at gas pump rip-off claim
Posted 20 December 2016, 3:24 p.m. Suggest removal
watcher says...
I'll tell you what is a surprise to me....that Christie has not called a snap election while the FNM / DNA are in such turmoil. It would be his only hope to win an election, as I'm sure that he could name a full slate of nominees far easier than could the present opposition. But thank goodness that he is too dumb even to do this.
On Minnis move is ‘no surprise’
Posted 16 December 2016, 4:30 p.m. Suggest removal
watcher says...
*The Appeal Court has overturned a verdict that prevented the Securities Commission “from acting in the public interest”, following its battle with a BISX-listed company over the latter’s compliance with regulatory capital standards.*
I searched and I searched and I searched the article - I honestly did. But nowhere could I see the name Bank of The Bahamas.
On Commission’s regulatory powers restored by court
Posted 16 December 2016, 4:26 p.m. Suggest removal
watcher says...
Why does it have to cater to the select few? Why not open up shareholdings to the general public? (I know the answers, but just wanted to point out the obvious question many people would have)
On ‘Put money where mouth is’ on $70m mobile offering
Posted 15 December 2016, 4:05 p.m. Suggest removal