I am sitting here giddy as a little school boy as the beautiful and popular girl school is about to come and say something to him; it really does not matter what she says, but I’ll piss all over myself with delight at the very thought that thought that would acknowledge me, I imagine this is how we must/should feel as the government releases more details from the secret ‘deal’ struck over Baha mar.

“Baha Mar details revealed” – The Tribune

Excerpt form this article; “James Smith, former Minister of Finance, head of the committee overseeing payouts, said yesterday that creditors owed up to half a million dollars are ‘likely’ to be fully paid what they are owed.

“How much money those owed more than half a million dollars receive, however, will depend on how many eligible creditors come forth with claims, he said.

Some people may decide to stay out and pursue other means of getting the money, he told The Tribune. “Also, some creditors might have gone out of business or left the island.  So we have to see what response we get to the notice (before saying how much money those owed more than half a million dollars are likely to receive.”

So it has began…….that language that the Progressive Liberal Party (PLP) government uses when it has done something and not put enough thought behind it; “…….creditors owed up to half a million dollars are likely to be paid…..”, “How much money those owed more than half a million dollars receive, however……”, that language of confusion, chaos, disorder and uncertainty.

Somewhere in that language of uncertainty, it is intimated that some creditors who are owed money may receive a higher payout because some of the original investors involved in the Baha Mar project may have already ‘folded up’ and gone out of business; many losing all of the money that they invested in this venture; is the government now willing to admit that due to its sheer and utter incompetence and ineptitude, that it has put Bahamian owed companies out of business and more people on the employment line? 

I wonder how the person faired that had the contracts for the pools, just thinking out loud.

But with all said and done, with all who may be getting paid or not getting paid, all who may be getting a full return on their investment, one question was answered fully and that wads he source of the money but we knew this, right?

“Mr.  Smith could not say how much money will be paid out overall but he expects the Export-Import Bank of China (CEXIM) to deposit the money to the committee by mid-September”, so is ‘the committee’ giving CEXIM a figure to payout or are we divvying up whatever is deposited to ‘the committee’ from CEXIM by mid-September?  Is the government’s position still that CEXIM and/or China Construction America (CCA) 0r the ‘new owners’ will not be given any greater concessions that were awarded to Atlantis?  Just exactly how will CEXIM recover the money paid to creditors and ‘borrowed’ from them to complete the Baha Mar resort?  Will this money be in the cost of the resort to the ‘named buyer’ and how are ‘they’ actively selling a resort without having figure oh the full pay out?

I apologize for thinking out out loud; I know the act is greatly discouraged by some in the first place.

The Progressive Liberal Party fails for one reason, it is their nature.

END