In a Facebook response to Saturday's post a reader suggested (edited/reduced) that;
"Investors, foreign and domestic, do so because they see an opportunity to make money. Case in point is CWC. Yet they are here and absolutely refuse to even discuss leaving. As Warren Buffet said on Morning Joe:" If someone calls me up at 3 in the morning on a deal I'm going to make a billion on, the last thing on my mind is taxes or regulation."
He went on (more editing/reducing);
"I am going to assume that Mr. Ismirlian as an international investor, has dealt with more than a few politicians and has sized up Mr. Christie sometime ago and knows exactly how to read Mr. Christie's remarks. Political posturing wasn't invented by Christie."
My repsonse was:
Why would CWC want to discuss leaving? That would be dumb, if the deal they made can make them some profit. After all, profit is key. I assume you profit from your salary or you couldn't exist. Same principle applies here.
Maybe you can put that group together to buy CWC out since you are so desperate for them to leave? Personally I can't wait for the monopolies to end so I will hopefully have choice and number portability and less government involvement in it all. WTO et al will take care of that!
Of course Warren Buffett might not have to worry about taxes or regulation but the small and medium investors do.
But, whether Mr. Ismirlian knows how to read Mr. Christie, or whether or not Mr. Christie invented political posturing, that does not make it acceptable.
This is not a general election campaign. The country is behind the eight ball mostly as a result of the "efforts" of many in the political class, and discouraging investors - Bahamian and foreign alike is an interesting route to take to an economic turnaround.
What's your take?
