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This is just red meat for their under educated base with the election coming .Sandals meet with the government and told them what they are going to do ..The really problem is I bet both my pinky fingers our treasury guaranteed the billion dollars from China to finish Baha mar ..And when there is no buyer for that white elephant they will tell us how lucking we are to own a piece of the tourism pie ..With Cuba opening and home rentals the new thing we will be one third owners in a decaying ghost town on Cable beach
Read my comment Banker , I figured that long ago .After the election we will get told how we now own a piece of the tourism pie ..As you said the new thing is home away ,,airbnb ,,even Cuba is booming w/ casa to rent ..
Its not hard to figure out ,,we the Bahamian people through our treasury have guaranteed the loan on the next billion to be dumped into Baha mar ..It it ever sells we will get whatever is left after China gets their money or an equity stake ..After the election Perry will announce how we the Bahamian people own a piece of the tourism pie .If qualified people are not brought in to run it and left alone to do so ,it will be another Ambassador Beach hotel .Run by political cronies and friends and propped up the treasury .It will lose money hand over foot ,tarnish our tourism product and be sold for pennies on the dollar ..
1.6 billion the PLP added to the debt
It was Ingraham who ordered the boats ..Tell me what have we got for the 1,6 million the PLP added to the debt ..Did we get any roads ,airports , harbor dredged , new ports ,,NO for our 1.6 billion dollars and 600 million in VAT revenue we got BAMSI and two Carnivals ,basically some buildings in the bush built by cronies in Andros and two week long parties ..
What he could influence is to use our treasury to guarantee the extra billion to finish it ,,,take care of PLP that got their money tied up in it and get another 5 years to take care of all them as that white elephant sits there b/c w Cuba opening and our Labour and electricity cost no one is buying Baha mar
If you buy a half million dollar home here you are eligible for residency
If they had to give 500 residencies to high worth individuals that's fine ..We already offer residencies to high worth individuals ,,ie Joe Lewis who did Albany ..That is really the new offshore banking .That is what we have to sell ,sun ,sand ,sea and favorable tax rates with very little extradition in financial matters .We have underpopulated and unpopulated Islands From and beaches From Bimini to nearly Cuba to sell .
Its going to be our money ,I bet the government has guaranteed the loan from the Chinese bank to finish it ..
Sandals got along just fine before opening here and will continue to ,, Apart from Atlantis we got squat ,,The family island /second home market only put 20% of our revenue ,,,cruise ships are all going to private cays w. short night stop in Nassau ,,,cuba the next cruise ship run ,,In 5 years we can,t pay our civil service ,,prepare or keep whistling in the graveyard
Last login: Friday, November 4, 2016
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