View Full Version : Bahamian Millionaires holding country hostage
1bigfrog 05-11-07, - 10:43 AM We all know that they exist. We saw from the "election finance declaration" that we have a huge number of millionaires and some of them have real money too. But what exactly are they doing with it? What do they own? Is it that their monies are in some hidden bank accounts in Nassau or across the world? I mean I don't really see that money working, meandering throughout the country...Where are these Bahamian investors?
What all does Brent Symonette owns? What about Bradley Roberts? Are they doing anything constructive with their millions? I see Bernard Nottage is way up there too, but does he own anything other than his house and his doctor's office. Does he own/invest in anything substantial. Don't they owe us something...some kind of significant investment. Some kind of small grocery store or the likes, that we can say is helping the community.
What does Hubert Ingraham own...rumor has it he has some good amount of shares in Cable Bahamas...I don't know how true that is....but seriously, if he has confidence in this Bahamas shouldn't he invest here.
Even the young Tommy Turnquest not to mention his father has some real money to play and invest with. Where are the investments? At least Franky Wilson's money we can see moving. Ya boy just donated/pledged a million dollars to CoB. What other Bahamian can brag about that. Even though I don't like the number rackets, at least we can see Flowers money meandering through the economy. Even 90 dropped some money, even though it was evil nasty, money. (Which I aint condoning, but I just trying to make a point). It just seems as if these so called Bahamian millionaires holding the Bahamas hostage by refusing to commit to the country's development.
I know I aint going no where...I don't have any loose cash to escape the Bahamas. All my money is tied up on this little rock. I live and breathe the Bahamas. I starting to wonder what these big time politicians think about the Bahamas. It getting so bad that they no longer are sending their children to Bahamian schools be it private or government. Everyone going to boarding schools. It just seems as if they waiting for something to happen. Like they planning an escape.
chancellor 05-11-07, - 11:11 AM Well when Bahamians don't support each other.....why go through the stress? If i had some funds the only thing i would put my money in is Focol and Cable Bahamas...perhaps Abaco Markets.
But people can do what they want with their money, you can't demonize people for not doing with their money what YOU want them to do. You need incentives for thme to start something. And unless you are really tight with people in the right places, the outsider can come in and make profits from our resources without an initial penny to their name.
LL Cool G 05-11-07, - 11:20 AM Where are the investments? At least Franky Wilson's money we can see moving. Ya boy just donated/pledged a million dollars to CoB. What other Bahamian can brag about that.
my question is though.......who's to say that they don't make 'investments' in this country or help folks within this country? not everybody holds a press conference everytime they make a donation. not everyone wants credit.
some of us may never know who is anonymously putting money back into this country, simply because they wish to remain anonymous.
canewry 05-11-07, - 11:23 AM nationhood, nationhood, nationhood...
If ones does not actively participate in owning and operating the rock...foreign entity tend to purchase the land, subsequently change the culture, subsequently change the Bahamas to a foreign state.
canewry 05-11-07, - 11:26 AM my question is though.......who's to say that they don't make 'investments' in this country or help folks within this country? not everybody holds a press conference everytime they make a donation. not everyone wants credit.
some of us may never know who is anonymously putting money back into this country, simply because they wish to remain anonymous.
I believe ya boy is asking if we know of what anyone owns...these are good questions...
Like Jamaicans "own"/manage most of Cable Beach...but few Bahamians acknowledges or actually knows this...knowing information is key.
I think Symonette owns shares in Commonwealth bank along with the Butlers and I think he also has shares in the various shipping companies and the metre cabs.
chancellor 05-11-07, - 11:26 AM my question is though.......who's to say that they don't make 'investments' in this country or help folks within this country? not everybody holds a press conference everytime they make a donation. not everyone wants credit.
some of us may never know who is anonymously putting money back into this country, simply because they wish to remain anonymous.
That is true....in fact the whole show on the news annoys me.
*ooooohhhhhh you gave $3000! So when are you going to accept your nobel peace prize?*
Remember all those people who pledged to the Hurricane victims in the Northern Bahamas? I wonder if everyone finished paid yet?!
Sunnyjohn 05-11-07, - 11:27 AM my question is though.......who's to say that they don't make 'investments' in this country or help folks within this country? not everybody holds a press conference everytime they make a donation. not everyone wants credit.
some of us may never know who is anonymously putting money back into this country, simply because they wish to remain anonymous.
yep.
LL Cool G 05-11-07, - 11:29 AM I believe ya boy is asking if we know of what anyone owns...these are good questions...
Like Jamaicans "own"/manage most of Cable Beach...but few Bahamians acknowledges or actually knows this...knowing information is key.
I think Symonette owns shares in Commonwealth bank along with the Butlers and I think he also has shares in the various shipping companies and the metre cabs.
he might be asking that too. but look @ the title of the thread....as well as the part i answered.
canewry 05-11-07, - 11:34 AM In the United States they demand their social, political and civic leaders to state publicly their contributions to their society...That is what they are judged upon. Here in the Bahamas, one can hold "horde" ones money and keep it to themselves. Civic leaders are duty bound to publicly show how they are assisting the country. Perception is just as important as is actuality.
Sunnyjohn 05-11-07, - 11:35 AM I was looking at the Forbes Billionaire list yersterday and I noticed that no Bahamians were on that list.
Actually there is no one from the region on that list (though we do have a few expats who call the Bahamas home).
Do I think Bahamian millionaires "owe' us anything? No. It's there money to do with what they will.
Still, there are crap loads of money to be made in the Bahamas. Smart investors know that our developing nation with a stable political situation is a freekin' gold mine. Investing in the Bahamas is a smart move for Bahamian millionaires and those Bahamian apiring to be millionaires.
My greatest wish is that we would expand our minds and think outside the box. I have full confidnece that young Bahamians will conceive "the next great thing."
chancellor 05-11-07, - 11:41 AM I was looking at the Forbes Billionaire list yersterday and I noticed that no Bahamians were on that list.
Actually there is no one from the region on that list (though we do have a few expats who call the Bahamas home).
Do I think Bahamian millionaires "owe' us anything? No. It's there money to do with what they will.
Still, there are crap loads of money to be made in the Bahamas. Smart investors know that our developing nation with a stable political situation is a freekin' gold mine. Investing in the Bahamas is a smart move for Bahamian millionaires and those Bahamian apiring to be millionaires.
My greatest wish is that we would expand our minds and think outside the box. I have full confidnece that young Bahamians will conceive "the next great thing."
I know what this nation is capable of. Trust me you think I'm looking at any government to do anything for me? I just want a stable government and country, who will not embarras us and maintain a capitalist environment.
canewry 05-11-07, - 11:42 AM I was looking at the Forbes Billionaire list yersterday and I noticed that no Bahamians were on that list.
Actually there is no one from the region on that list (though we do have a few expats who call the Bahamas home).
Do I think Bahamian millionaires "owe' us anything? No. It's there money to do with what they will.
Still, there are crap loads of money to be made in the Bahamas. Smart investors know that our developing nation with a stable political situation is a freekin' gold mine. Investing in the Bahamas is a smart move for Bahamian millionaires and those Bahamian apiring to be millionaires.
My greatest wish is that we would expand our minds and think outside the box. I have full confidnece that young Bahamians will conceive "the next great thing."
wow...
I thought every believe that the haves should help the havenots...
dang...I by myself aye...
Even the ex pats in Lyford willing donates hundreds of millions of dollars to our education fund because they 'feel' duty bound to the Bahamas...Kerzner donates hundreds of millions of dollars to the upliftment of our country because he feels he is duty bound to the Bahamas. However, Bahamian millionairs you are suggesting should not be duty bound...dang.
LL Cool G 05-11-07, - 11:42 AM I know what this nation is capable of. Trust me you think I'm looking at any government to do anything for me? I just want a stable government and country, who will not embarras us and maintain a capitalist environment.
EXACTLY. check my sig people. i'm into makin' a million, at least! :)
Sunnyjohn 05-11-07, - 11:50 AM wow...
I thought every believe that the haves should help the havenots...
dang...I by myself aye...
Even the ex pats in Lyford willing donates hundreds of millions of dollars to our education fund because they 'feel' duty bound to the Bahamas...Kerzner donates hundreds of millions of dollars to the upliftment of our country because he feels he is duty bound to the Bahamas. However, Bahamian millionairs you are suggesting should not be duty bound...dang.
My only problem is when folks make demands on what other people should do with their money.
Should they help? Yes!
Heck, even if you don't have a charitable or philanthropic bone in your body, sound business practice would tell you its smart to keep money flowing into your area of development and ensure your future revenue by building up the social development of your base.
~~`
canewry 05-11-07, - 11:59 AM My only problem is when folks make demands on what other people should do with their money.
Should they help? Yes!
Heck, even if you don't have a charitable or philanthropic bone in your body, sound business practice would tell you its smart to keep money flowing into your area of development and ensure your future revenue by building up the social development of your base.
~~`
and the question here I think is...how come foreign money here is visible but Bahamian money seems to be transparent...I guess that was the question...
Besides other countries demand that their millionaires play a more influential role in the upliftment of the country.
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