Well_mudda_take_sic 8 years, 7 months ago on Sir Franklyn to the US: ‘Cure yourself’
Sir Franklyn to the US: ‘Cure yourself’
Snake is about the last person we should want speaking out in defense of the extraordinarily high level of politically connected corruption in our country today. Snake oozes corruption as a long-time crony of the PLP party, especially under Christie, but his grossly inflated ego, shamelessness and loud boisterous mouth allow him to carry all of the corruption on his shoulders so well!
justthefactsplease 8 years, 7 months ago on Sir Franklyn to the US: ‘Cure yourself’
Sir Franklyn to the US: ‘Cure yourself’
Sir Frank (snicker), while the US may be corrupt, they have often locked up high profile persons who have been caught and convicted of corruption. Name ONE Bahamian who has been convicted of corruption in your lifetime Sir Frank. There in lies the REAL difference. I really didn't expect a different response from Frank though because he has benefited greatly from the corruption here at home...such as $1 land in Eleuthera.
abacobandit 8 years, 7 months ago on Sir Franklyn to the US: ‘Cure yourself’
Sir Franklyn to the US: ‘Cure yourself’
This is so ridiculous it is embarrassing - What a hypocrite he is to think Bahamians can tell anyone about healing themselves from corruption. I have traveled this whole world, and The Bahamas is the most corrupt country without doubt.
Everyone from Customs officers to MPs to the Police has their hand out, you see the rampant corruption on nearly every corner, and every walk of life.
Bahamas heal thyself first!
ohdrap4 2 years, 5 months ago on Cooking gas suppliers in 68% increase plea
Cooking gas suppliers in 68% increase plea
I stand with the gas dealers tho. These pricing regulations are not fair to them. Their position is even worse than the gas dealers.
Maybe they could start selling icecream out of the trucks to make a profit.
ThisIsOurs 1 year, 2 months ago on ArawakX issuers await funds, investor listing
ArawakX issuers await funds, investor listing
I do not know what the "specific" processes around ArawakX' platform are, but in general if you invest in a company you should have "something" to signify what ownership you have. If you invested in Tropical Gyros your "something" will say "Tropical Gyros" not "ArawakX."
For want of a better example ArawakX is like MrShipIt. If you want a product from Amazon, MrShipIt provides you with a platform to order then have that product transferred to you. You pay MrShipIt a fee for their service, your business/product transaction is with Amazon, if you have a problem with a defective product you contact Amazon (or the original seller)not Mr ShipIt.
All MrShipIt and ArawakX do is provide the environment for a transaction between buyer and seller to happen and then complete
ThisIsOurs 1 year, 2 months ago on ArawakX issuers await funds, investor listing
ArawakX issuers await funds, investor listing
The people who need to be concerned here are the people who gave hundreds of thousands, iv not millions to ArawakX as investors in ArawakX. They are a different type of investor. They're not interested in 1000 dollar share offerings. They typically have the highest classification of shares and they invest large amounts individually. They're typically well versed about investing, and understand that returns come over the long term, years. The people calling up the gas company with worry likely invested 500 dollars.
TalRussell 1 year, 2 months ago on ArawakX dismissed top investor as ‘over his head with Fintech’
ArawakX dismissed top investor as ‘over his head with Fintech’
@ComradeDonAnthony. I can't believe the financially troubled ArawakX’'s, chairman said what he's reported to have said. --- Judging by the chairman's --- Insistence on book learning, --- It's fair to conclude that he would've as quickly dismissed Bahamas Bus and Truck's, Frank ``Frankie" Pinder, ---- Upon learning that this "Gentleman." --- 'Couldn't even sign his name' --- Until he was well-ripe into his highly successful business and calendar years. -- Yes?
ExposedU2C 1 year, 1 month ago on Health insurance costs rise ‘across the board’
Health insurance costs rise ‘across the board’
in addition to the outrageously high premium costs charged policyholders, policyholders are also confronted with a constant chiseling away of the benefits that they are entitled to receive under their policy as well as more aggressive tactics in denying claim payments.
These health insurers are ruthless intermediaries between a patient and their physician, often forcing physicians to cut corners in the treatment of their patients as a result of the draconian cost cutting they subject physicians to under their contractual arrangements with healthcare providers. The draconian cost cutting fuels the insatiable drive and greed of these insurers for more and more profits for their shareholders.
Bottom line: Most physicians will readily admit that the health insurance business has a serious negative impact on the quality of healthcare they provide their patients. Physicians need to wake up and take back control of their profession before they become despised as much as lawyers.
Socrates 1 year, 1 month ago on Health insurance costs rise ‘across the board’
Health insurance costs rise ‘across the board’
nobody talks about all the 'claims' for medical visits by lazy workers with fake complaints. doctors charge for these and writing sick slips for non-existent complaints..
realityisnotPC 1 year ago on ‘We’ll go to highest court’ to block Wendy’s from PI
‘We’ll go to highest court’ to block Wendy’s from PI
All of this opposition stinks. Atlantis simply doesn't want its guests to have any decent or familiar alternative to their hugely over-priced products where $30 for a starter and $70 for a main course is the norm! Imagine being able to feed a family of 6 for less than what it costs to feed just one person in most Atlantis restaurants. They should be in favour of more choices for their guests and be willing to compete by offering more reasonable choices. The restaurants that Wendy's have opened in Nassau in recent years are the most attractive, sophisticated, architecturally innovative Wendy's restaurants anywhere in the world, and they actually lift up the charisma of the areas where they are situated. Rather than guests arriving at Atlantis seeing Wendy's and thinking, as was suggested by one opponent "OMG why have I spent my money to come to such a down market resort", they are more likely to think "wow, even the Wendy's here looks amazing". Not to mention that the only guests passing this site on their way to Atlantis will be the ones going to the Coral Towers, aka the least expensive part of Atlantis, and probably the people least able to afford the extortionate prices of the Atlantis restaurant offerings...they will be thinking "Thank goodness! We won't have to bankrupt ourselves every day just on feeding ourselves".
DillyTree 1 year ago on LPIA hotel ‘very much at the forefront again’
LPIA hotel ‘very much at the forefront again’
Why not use the sit eof the old domestic terminal and the land on the side that was used for parkign and is also scrub land? It's a perfect location for those lookign for an overnight before/after going to the out islands, for flight crew and others who could well use the facility.
The local taxis will no doubt protest if they cannot charge to take visitors there for $13 for a 2 minute drive, but making a hotel accessible to the departure and arrivals terminals woudl make the most sense.
This hotel could also make day rooms/lounges available for those with layovers. And some restaurants and retail stores could make up the revenue stream for slow seasons.
Dawes 1 year ago on UPDATE: Govt won't allow BPL to impose late fee
UPDATE: Govt won't allow BPL to impose late fee
The companies that charge late fees have set charges. BPL can be $100 this month and then $1,500 next with no explanation. In addition those companies that charge late fees have competition. BPL does not. They are not the same and as such this should not have been allowed, and if allowed it should only kick in after 3 plus months, not 1.
Tarzan 1 year ago on UPDATE: Govt won't allow BPL to impose late fee
UPDATE: Govt won't allow BPL to impose late fee
Here is a simple solution to all of New Providence Island's power supply problems. Find a realiable, non Bahamian, experienced firm that currently functions as a major power supplier elsewhere (there are hundreds available) and hand over all N.P. BEC operations pursuant to a contract that delivers the entire operation, lock stock and barrell, including debt assumption, for $1, in exchange for a contractual commitment to supply electric power at no higher than 75% of the rate BEC now charges, permitting maximum annual adjustments in that rate cap equal only to the rate of inflation. No "fuel charge" no nonsense. Only a rate per Kilowat hour, at 75% of current BEC charge. As part of the contract, agree to a constitutional amendment divorcing the Bahamian government from any and all regulatory control at any level over the new provider, including respecting hiring and firing decisions. Problem solved and such a deal could be done.
banker 9 years, 8 months ago on French push money laundering, fraud charges against RBC Trust Bahamas
French push money laundering, fraud charges against RBC Trust Bahamas
The domiciled Canadian banks are finally waking up to the fact that the world have changed. The Bank of Montreal (now BMO) which used to operate here, sold its business and it became Bank of the Bahamas. It saw the writing on the wall long ago. The writing on the wall is this: "The concept of a tax haven is a dead man walking.". Countries no longer can thumb their noses at other countries financial, tax and currency laws in this global village with the global treaties for Anti-Money-Laundering, Criminal Rackets etc.
In the old days, the mob came to the Bahamas or went to Cuba to generate gambling money. Casinos were outlawed in the US. They were welcomed there until Fidel came to power. We started holding the wallets for people hiding money from their taxman. We called it financial services. It's real name name was "Avoid Taxation and Subsequent Prosecution". We bet our future on it. It was sort of winked-at. It was like smoking cigarettes -- all of the sophisticates did it. Well it turns out that smoking is now regulated and so is tax evasion and the lesser tax avoidance.
The global moving of funds by terrorist groups, drug cartels and criminal elements necessitated the regulation of tax shelters and the movement of money. We are still living in the past hoping and praying that it will all fix itself.
Because we have become accustomed to thumbing our noses at the laws of other countries, we have come to believe that it is our God-given right to do anything that we please, and call it a pillar of the economy.
Even the village idiot (Perry Christie included) will eventually notice that what we call "Financial Services" will eventually dwindle away to nothing.
The ironic bit, is that if settled down, revamped and modernised the infrastructure and became centres of banking excellence, we wouldn't need to be a tax haven. We could be an international banking centre for trade and commerce, and we would be sought-after if we did not expose ourselves to the vagaries of the large American banks. But we always did go after the low-hanging fruit. The low-hanging fruit gets rotten the quickest.