EDITOR, The Tribune.
If the PLP‘s election campaign four years back had stated their goal was to dismantle the Bahamian economy then I would say they have been resoundingly successful.
The single most important economic decision that the PLP had to make is what to do about Baha Mar?
There were two choices for the government – allow it to go into Chapter 11 in the USA or send it into the Supreme Court of the Bahamas - well guess what they made the wrong choice.
Under pressure from one of their paymasters the Chinese instructed the PM to put it in the Supreme Court.
I would suggest it will languish there for many years.
If they had allowed Baha Mar to go to Chapter 11, the business would have been restructured/refinanced and Baha Mar would in all likelihood now be open with 5000 jobs to boot!
We have two principal sources of revenue here tourism and off shore banking. Now two of our moronic MPs have released confidential e-mails through parliamentary privilege.
Can you imagine what executives at off shore banks/trust funds and the likes make of this? Utter contempt by sitting MPs of confidentiality!
The banks have lots of jurisdictions were they can set up shop throughout the Caribbean.
Expect some of them to move out of The Bahamas taking away well-paid jobs and much needed revenues.
As for Gibson stating the PLP have created 20,000 jobs, does he really think we are all fools?
THE REALIST
Nassau,
March 29, 2016.
Comments
Godson 8 years, 1 month ago
While I sincerely agree, support and recognize the clear thoughts that went into the writing of the letter, what disturbs me is the fact that its author feels the need to be anonymous. He/she rather signed off the letter as the 'THE REALIST'. This strongly indicates the level of trepidation as a result of intimidation perceived in our society.
This feeling of the need to mask and then express ourselves , in and of itself, serves to stagnate our social, political and economic advancement. Persons need to be afforded an environment that not only guarantees freedom of expression, but also applauds sensible and creative thinking. We too should resist the cowardice that militate against us to stand up for what we know and hold to be right.
Godson 'Nicodemus' Johnson
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