SavingTheNation

2 Vote

Philosopher_King 11 years, 8 months ago on Opposition calls for full disclosure on PLP links to oil

Opposition calls for full disclosure on PLP links to oil

Here we go again, Mr. Cash does make some valid points about having proper regulation legislation in place, but his motives are purely politically driven. We all know why the rush, after the last FNM term when a frenetic pace of deal signing with both local and foreign entities locking the Bahamian people in for to costly decades of monopolistic and one sided deals the PLP now feels compelled to push their agenda full speed ahead. After 2 one term administrations both these relic parties will continue to govern at break neck pace going forward to ensure they and their benefactors get theirs during their short 5 year stints in office. This can be very dangerous, but not entirely a bad thing for progress within the country since we culturally like to proceed with extreme caution and a let somebody else do it first attitude in a world that is moving at break neck speed around us.

For those who think for one minute the FNM’s policy on whether or not to drill for oil would be markedly different than the PLPS you my friends are sorely mistaken. For they understand that if there is oil underneath any part of the seabed controlled by us we'd better exploit it before the Cubans strike it first and expose us to same level of environmental contamination risk without us getting any of the rewards. Besides tourism and banking are continuing to reap diminishing returns for our growing population; they aren't too many Baha Mars and Atlantis' around the corner and the pressure from the larger nations’ tax authorities will continue choking financial services to death.