Dart to take 50% of taxes
Posted on Mon, 07/09/2012 - 08:22 in Politics
(CNS): Dart Realty (Cayman) Ltd will be taking a 50% share of all tourism taxes levied from guests staying in any of its properties for the ten years following the development, renovation or acquisition of any hotel under an agreement it signed in December with government. According to documents, leaked to the North Side MLA, Dart and its affiliates have also been given a 100% duty concession on all materials used in the development of anything for the next 30 years. The deal, which heralded the development of the Esterley Tibbetts Highway, includes some exceptional and unheard of concessions, Ezzard Miller said, as he showed CNS details of what appears to be snippets of a much larger document.
Among the many concessions that Dart can expect under this part of the ForCayman Investment Alliance, which deals with the West Bay Road projects, it will be allowed to keep half of the taxes it collects from guests staying in the hotel it intends to develop on the site of the former Courtyard Marriott or at any other hotel or tourism accommodation that it builds, renovates or even purchases over the next thirty years for ten years after the opening of that property.
Miller pointed out that the move to give a developer taxes that would normally go to general revenue is unprecedented in the Cayman Islands and has never been mentioned in any of the previous public revelations about the ForCayman Investment Alliance. “There is no precedent for anyone in the private sector collecting for, and then taking, a share from government taxes. I have never heard of the private sector being allowed to collect and take taxes,” he said.
He said this will mean many millions of dollars will be lost from government revenue and just the few pages of the deal that have been leaked to him suggest that the ForCayman Alliance is far worse than he had feared. “It is preposterous,” the independent member said of the deal, which has already been signed.
Miller said he has shared the content of the leaked papers with his legislative colleague Arden McLean, the opposition member for East End, both of whom say the entire document needs to be in the public domain so the people of Cayman can judge for themselves if this deal really is for Cayman, as has been claimed.
“We are appealing to whoever sent the pages of the deal that we now have, which includes the signature pages, to send us the full agreement if they have it,” Miller said. “It is very important everyone gets to see this as it seems there is even less benefit to the Caymanian people as a whole in this agreement than we first feared. If this is part of the NRA deal, which we are confident it is, then we have some very, very serious concerns about this.”
McLean said he was stunned by how much Dart has been granted in the deal.
“If Dart is, as we are constantly being told, really for Cayman, how can they demand so much?” he asked, referring to the three decades that the company will not pay any duty as well as the half share of tax the company will be taking from visitors.
He noted that such a potential reduction in revenue was very worrying given the government’s current economic situation, and the MLA raised concerns that if Dart is to purchase an existing hotel, a common speculation given that both the Ritz Carlton and the Westin could be for sale, government would lose an existing revenue stream as well.
“Local people will then have to make up that shortfall through other taxes,” McLean added.
The MLAs also questioned how the deal could have passed muster with the FCO, given that the Financial Framework Agreement signed by McKeeva Bush and Henry Bellingham last year says the UK needs to approve any deals government enters into which would impact public revenue streams.
“It is highly unusual for government to hand taxes directly over to an owner,” McLean added. He said Dart was already getting a massive 100% duty concession on all imports related to future development, as well as the generous stamp duty concessions, which he believed was sufficient to encourage any developer to make an investment. But giving him the taxes was a concession too far that he did not think the people of Cayman could accept.
Both men said that, given the extent of the concessions as spelled out in the schedule, it was very difficult to see any benefit to the community as a whole as government will now collect almost nothing from any development associated with Dart Realty or any of its companies for the next three decades.
“I have always questioned whether this was really designed to help the country and Caymanians on the whole,” Miller said. “Of course, a few people may get some of the jobs but it seems Dart is getting too much and Caymanians are getting too little. These revelations do not calm what are evidently legitimate fears and we shudder to think what is in the rest of the agreement,” he added, as he appealed to whoever it was that sent him the document, who was obviously concerned as well, to send him the entire document.
The North Side representative accused members of the Dart team of being disingenuous about the ForCayman Alliance, as he said many important things are being kept from the people as deals are struck behind closed doors. He said Dart representatives continued to criticise him and make personal attacks, despite the fact that he had reserved his own criticisms for the deal rather than the people involved.
“Given what we have now seen, my criticisms of this deal are well-founded. This will not benefit Caymanians as a whole but it will certainly benefit Dart,” he added.
| Attachment | Size |
|---|---|
| Dart agreement 1.PDF | 1.4 MB |
| Dart agreement 2.PDF | 1.46 MB |
| Dart agreement 3 signatures.PDF | 692.23 KB |
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This is a poor deal for the
This is a poor deal for the public purse without doubt but the worst thing is that such a deal could be negotiated and signed by the government without public consultation. That's just plain wrong in a democracy.
There seems to be a lot of
There seems to be a lot of people tha say they would rather have diret taxation then to give concessions to people like Dart and have so much development. I think we need to speak up about this so the CIG is aware that this is preferred by the people.
How many of you would actually prefer the government use direct taxation for revenue than rely on thing like work permit fees and foriegn investors.
Can Direct taxation help us keep Cayman for Caymanians.
I think this comment is
I think this comment is rather silly because it misses the point that the issue here is that this deal doesn't bring any revenue to the public purse at all. It appears to rely almost exclusively on trickle down and the hope that by having a new hotel development more people will come and eat in restaurants and buy t-shirts. By itself the deal won't really generate any significant revenue for government as government has waived the majority of the fees and taxes it would have collected.
These people who take tax as
These people who take tax as a bandaid, miss the whole point. Nothing is wrong with investors investing in Cayman. What is wrong is government's interferance in the market, giving entities special preveleges. Remember we already have tax - we call it indirect taxes like permit fees, duties, et cetera. So the remedy is not to add more tax. It is to allow our market or business community to freely thrive with less government regulations, costs, and red tape. And in order for that to happen, government must treat everybody in the business community the same way. Stop the favoritism, the cronyism, the special duties, and concessions, which in the long run ends up hurting the smaller businesses.
What a disappointment.
What a disappointment. Pondering how they really justify such actions, guess they don’t think there will be repercussions.
Thank you Mr Dart for all the
Thank you Mr Dart for all the jobs you are creating in our beautiful country,
Well, a few people in Greece
Well, a few people in Greece committed suicide, after all. I guess some people's misery is another people's joy.
Dart may create a percentage
Dart may create a percentage of jobs for Caymanians. But when he fires you, tell me, who will you run to if he owns pretty much everything? If he should reduce your wage, tell me, who will you go to who has a better wage when he has had so much government concessions to close down all his competitors? Really, no offense but you are being a bit shortsighted in your evaluation about Dart. Government should be helping everyone and not a few big shots. That leads us onto the path of fascism.
For all our beautiful
For all our beautiful underpaid expatriates.
And the local jobs just lost
And the local jobs just lost at the stores closed by their mismanagement - other companies are still expanding and opening new souvenir stores.
I would like to clear up some
I would like to clear up some information regarding the Tourism Tax. Tourists pay this in addition to the costs of their room etc. I think it is fraud perpetuated on our visitors to tell them that you are collecting a Tourism Tax which is suposed to go to the government and keep it for yourself. That is the same as collecting gratuities and not giving it to your employees or collecting pension from your employee and not paying in the pension fund and it is also the same as collecting insurance from your employee but not paying the insurance company. The biggest fraud I see in this is being committed on our visitors. Basically, they are lying on their websites when they say they are collecting 10% government tax.
I was thinking the exact same
I was thinking the exact same thing. How is this legal not to mention moral?????
These people are lunatics.
Some said earlier in one of
Some said earlier in one of the posts, that Dart had this information on the website for sometime. The point however, is this - the people would expect their own government to educate them on what this deal is about, not Dart's website. It is government that should be enlightening the people and educating them on what is involved, that is not really Dart's responsibility, now is it? Might it be, that all involved are counting on, or hoping that, people will not bother to take time to go to Dart's website to see what this deal's fine print says, and counting on the fact that UDP will spin it publicly in such a way as to make things not so obvious to the general public as to what exactly is being given away? Could it be they are all counting on that, and hoping that the general public will listen to bare facts from the UDP spinmaster(s), and hoping the deal would slip through without much attention and after the fact they can say, "OH, but it was on Dart's website all this time?" If that was the ploy, it was genius, because it almost worked.
Course 101 in the “Blame
Course 101 in the “Blame Game”…..Who sits in the Legislative Assembly, pass laws, and sign these contracts??? CAYMANIANS!!! Who sells their land and property to Dart for premium rates?? CAYMANIANS!!!! Who is now complaining???........Now shut up-grin and bear it!!!!!
Can someone please list DART
Can someone please list DART properties in Grand Cayman and DART properties to come soon in Grand Cayman. Thank you!
Yeah, but it takes two to
Yeah, but it takes two to tango, bobo. Just as an example, consider these hypothetical cases - like in the Garden of Eden according to the Bible, there was temptation offered to Eve and Adam, but there was also a "temptor", aka the Devil. To take it a step further, in some countries, (and Cayman also, I believe), not only the person receiving bribes can be charged, but also the one offering the bribes. Now I am not saying this is what happened here, that's for the relevant authorities to evaluate. But the point is, there has to be incentives for someone to get up and do this, so yes, while Caymanians are 100% responsible for what is happening to their country and have no one to blame but themselves, you should not be so quick as to discount the power of the "incentives" that come into play.
In 2009, voters put their
In 2009, voters put their trust in the UDP. The UDP HAS BETRAYED THAT TRUST and must now pay dearly. The UDP MUST BE PUNISHED by both the law and the voters!
Now do all you lame brain
Now do all you lame brain ignoramouses understand why many of us TRULY INTELLIGENT CAYMANIANS have been petitioning left and right about what we know has been going on here and searching all in between the cracks for the hidden goings on and wheeling and dealing thats been going on under the tables and behind our backs????? Call us dumb, call us backwards, call us whatever you want.......we have been fighting to keep CAYMAN CAYMAN. Fighting to keep our homeland from being sold out. Fighting to keep it from being overrun by greedy developers who sleep with our corrupt and incompetent Legislature. Fighting to keep fair trade and equal opportunities for all here. Fighting to make you see all that glitters is NOT gold. Fighting for a better place for ALL of us ...not just a chosen wealthy few. Thank you Ezzard for bringing this to light otherwsie we would all still be in the dark about yet another blatant abuse of power and lawlessness. NOW....how do you think Cayman will ever get out of debt or stay tax free when all the revenue for the next million years will be going to the Chinese and Dart. I for one would rather pay taxes to the Mother Country than to give more money to a XXXX like DART. OUR next petition may just have to be to boycott everything DART. EVERYTHING. No one who gives up citizenship to avoid paying taxes in their own country is a person of integrityshould ever be welcomed here, much less be given carte blanche to do as they please and make even more money off of us.......Fools for believing Dart is FOR CAYMAN!!!!! FOOLS!!!! Welcome to Dart Island and get in line to get your Dartian passport or get off your a$$es and help us petition for change before more damage is done. YOU can also start by voting YES on July 18th and voting out these morons in 2013.
Agree with you 100%, dear
Agree with you 100%, dear poster. More Caymanians need to wise up, get on board and become passionate for their country once more, and stop the giving away of their assets, selling out of their country, and their very livelihoods with it. Otherwise, welcome to Dart Fiefdom, or Kingdom - whichever pleases you - take your pick.
. and when will Mr. Dart
. and when will Mr. Dart become the Honourable Mr. Dart as well?
Mac calls him LORD Dart
Mac calls him LORD Dart ...behind closed doors.
He hasn't recieved enough
He hasn't recieved enough concessions to qualify for that yet.
soon come
soon come
To all those holding up Dart
To all those holding up Dart as our lord and savior and the only way out for our future, please read this. Even with Dart being here for a while now, we still went through one of the worst recessions to take place globally, and some 4 years later, we are still neck-high in it ! And it will not get better anytime soon, if Europe's crises is not resolved soon. Dart couldn't do a thing to stop the worldwide recession from happening to us. You must remember, as long as the Dart group remains viable and highly profitable, they don't give a hoot about the rest of us, nor about fair play for a level playing field. In fact, with Dart here, it seems to have only gotten worse for the rest of us, in my humble opinion. His being allowed and facilitated by our government to take over / dominate certain markets, the inability of smaller entrepreneurs to compete with very deep pockets, aided and abetted by an inept / foolish government who makes things even worse for its own people and other local businesses by giving Dart group huge concessions, puts him at an unfair advantage - so while the rest of us crumble and go out of business, he goes from strength to strength. I remember when small Caymanian business owners were running their own businesses, there were proud mom & pop stores almost on every corner. I could go into one of these shops and have a fantastic conversation with the proud local owners and that is what I truly enjoyed about Cayman - its authentic, native culture, not some over-built, over-priced replica of Miami or expensive stores that these developers seem hell-bent on hoisting on us! Now just last week, 2 companies right in Buckingham Square closed, 1 of which had been operating for 20 or 30 odd years. Why is Government not assisting those companies by helping them with concessions too? Or are they not important as Dart? There was a time when small businesses made up the backbone of this economy, and employed more Caymanians than the large companies put together. Who is speaking up, or standing up, for these small companies who have one by one, been extinguished not only by recession, but by a thriving competitor who has deep resources that no one can compete with?
Whe Dart gets ready to buy
Whe Dart gets ready to buy the Ritz he will be instructiong Mac to make it freehold not lease hold. And Mac will do so. But the golf course will be first. soon you will see it going free hold becaue Dart is involved.
The writting is on the wall. We will contiue to see tht money is, in fact thicker than blood.
Folks, my humble opinion is
Folks, my humble opinion is that ALL this was conceptualized in a MASTER PLAN way back when. I wouldn't be surprised if certain politicians and certain developers got together at some point in the past, talked about long-term development plans and then agreed to just bide their time, waiting for the most opportune time to strike and bring these backdoor deals to fruition. How else can anyone explain why an entity would buy up so much land right nearby to an existing dump, then proceed to plan a high-end residential community and new town center (that helped the demise of George Town, by the way), and not think about how the stench and sight of the dump would impact their development goals? And why buy up that land in Bodden Town? For what purpose? So the logical conclusion, for me anyway, is that they must have all collaborated on this sometime ago, drawn up THEIR plans for THEIR future benefit, and then voila, now is the time to hoist these plans on us.
Absolutely outrageous! This
Absolutely outrageous! This cannot be allowed
Mckeeva needs to resign- he cannot be allowed to delegate his responsibilities or abdicate his frigging job because he is incompetent! Minister of Finance who cant produce a budget. Minister of Finance who is "no financial expert". A Minister of Finance trying to delegate collection of government revenue to a third party because he cant do the job.
RESIGN!!
What's the problem here?
What's the problem here? CIG seems quite willing to sign over 60% of future revenue (cruise head tax / income from port berthing facilities and sundry upland facilities), on the Port to the Chinese for the next half century, and they already agreed to HUGE concessions to Shetty for what seems to be the next century (correct me if I am wrong), so if they want to give Dart 50% of the tourist stay-over tax dollars, on any development started within the next 3 decades and 10 years beyond that, as well as 100% waiver on ALL duties etc., why not? And why not hide it all from us, and put a different public spin on things, so we don't know about it until the deal is inked, dried, sealed and delivered? Why not take the easy way out? And while our esteemed CIG are at it, why not just hand the whole country over to ALL of them right now on a silver platter and just call it a day? What's the problem, folks? Move along, there is nothing to see here. (I am actually being sarcastic, folks).
Actually you are quite right.
Actually you are quite right. If CIG does not offer any incentives to major developer or investors, they will simply not invest here. Period.
I dont get why people people are so hard up on the duty concessions and development fees waiver, there are still other very tangiible direct and indirect benefits to CIG and the people of the Cayman with these profits.
One thing you can bet on though is that if nothing happens, CIG and the people of Cayman will get nothing. Better to get half of something than the whole of nothing.
While huge concesion are
While huge concesion are given to a few potential large investors -- FCA, Shetty, Dart, China Harbour -- the CIG is letting the local economy die. They MUST find a way to give incentives to Caymanian entrepreneurs and their small businesses; who pay their import duties and taxes in full, and employ locals for the long haul, and who buy houses, and cars and other consumer goods, which stimulates other local businesses.
The UDP know which side of
The UDP know which side of their bread is buttered - the wealthy developer side. That's why they don't give 2 hoots to the rest of us who incidentally put them into power - no siree, them forgot all about us, don't need us again, they got the rich man on their side now, probably funding their campaigns too....we are just the patsy, the small fry, we not important. But guess what - come May 2013, their all gonna be in for a big suprise !
I'll say it again; seems only
I'll say it again; seems only a TCI style takeover by the UK will help with the current foolishness going on here now.
I'd rather we could do it ourselves but it doh look so!
Tings nah well yah now dese days
lol... you mean a take over
lol... you mean a take over of government - not a TCI one which in my humble opinion is worse
I concur. TCI one is
I concur. TCI one is a takeover of the people... we need a takeover of the government and finances completely.... not dissolve our democracy
Halleluyah, I Feel a Fever
Halleluyah, I Feel a Fever coming over me, election fever that is. I see a spirit, the spirit of politics that is.
Ezzard, why let the truth get in the way of a good story eh?
This is really a none-issue. Even at 30 years out, how many hotels or developments can Dart really build in that time, 20 or more? I highly seriously doubt it. How many NEW hotels are viable in Cayman over that period of time? 3-5 maybe. Maybe. But nothing is written in stone by the hand of God. Nothing can guarantee that conditions will be right for them to build those hotel or developments. He is still building out Camana Bay, he might be just finishing Camana Bay in 30 years time.
This part of the deal does not mean anything if Dart CAN NOT or DOES NOT use it. Is Dart really going to flood the market with 5 star hotels within that time and sustain all that infrastructure at a loss? Probably not. I sincerly doubt that Camana Bay is even making a profit right now and more than likely not. Has he made enough from Camana Bay to pay back the investment he made in Camana Bay. Definitely, Absolutely not. In 30 years he maybe half way there.
The other MINOR thing is that people will still have to be employed to build/run the hotels and developments, food will have to be bought to feed the hotel guest/people, fuel will have to imported to fuel CUC to run the hotels, not all the materials will be imported, ie; local businesses with get business and import stuff as well, airlines/local tourism would have more business, all beneficial for Government/Cayman.
How is this a bad thing again???
Real Beenie one word for you
Real Beenie one word for you , fool.
DART has poured almost a
DART has poured almost a billion dollars into our economy in the last 8yrs. the guy makes almost as much money as quaker has oats. He has made his money back, his inetersts in Cayman are miniscual, a mere blip on the screen to what he has around the world.
DART can build, and in record time, if he wants to build it and buy it, he will, that is a fact.
Its scary to know that our Govt is giving it all to him.
But why encourage a monopoly
But why encourage a monopoly that could end up controlling our cost of living? Government should stay out of the market and allow it to compete, lowering fees, and providing incentives to all. Why show favoritism to some and raise fees and permits on all, causing businesses to close down and raise their prices on consumers. This is not GOOD! This is BAD for the country!
Your argument works only if
Your argument works only if the additional expenditure would not occur without the concession. For some of it, that is probably true. But consider:
a) Dart is already committed to developing Camana Bay - every cent of duty conceeded on that development is future revenue lost, as he would have been spending that money anyway - and that is a lot of development
b) ditto the development of the land he bought from Stan Thomas - you think that he would have just left it as hundreds of acres of mangrove?
c) if he were to buy the Westin or the Ritz, the tourist tax concession is a straight loss of revenue that would otherwise go to government with no additional job creation or development.
d) as for the hotel being refurbished, whilst you can argue that if there were no refurbishment there would be no tax being raised on occupancy, note that the tourists that stay there have to be ADDITIONAL tourists - if Dart just attracts them away from the Ritz, Marriott, or Westin you just lose the 50% of tourist tax they would have paid at the other property, and he can afford to cut the room rate to take their customers because he gets a 5% rebate on it whereas his competitors do not!)
Its one hell of a good deal for Dart - one cannot help but wonder if its the best Cayman could have negotiated.
There is no wonder about it -
There is no wonder about it - it is the worse deal ever, one we have to give thanks to our brilliant minds running our current government who need a basic lesson in Economics 101 for Dummies. I would be happy to help them out with their education, but my guts tell me it would be a complete waste of time trying to teach the unteachable.
Because even without it he is
Because even without it he is making a killing.
With it it's no longer a killing but a massacre. This is BLATANT STUPIDITY by our government. And you may have gotten your share of the Caymanian pie but I would like some to be left for our children.
#1 I doubt he's making a
#1 I doubt he's making a killing. With what operating costs are in Cayman and the slow real estate market, he is probably making a relatively small return that is just barely covering costs. Sure the value of his land holdings will increase as a result of the deal but that means nothing if he can't sell the properties. Its only equity on paper.
#2 There is still, and will always be, a huge risk to Darts investments in Cayman. Whether or not his huge gamble pays off is yet to be seen as it has not paid off yet, literally speaking. What this deal does is reduce the risk, not eliminate risk, for further investments. That is good for us as well as Dart and Government as it gives Dart further incentive to continue investing in Cayman.
Bottomline is that nothing is guaranteed that Dart will ever be able to use the concessions that Government has given them. If they are able to, as outlined above, Government and the people of Cayman will still stand to gain from the deal.
Why on earth do the itiots on
Why on earth do the itiots on this island refuse to understand that Dart is one hundred million times in a better position to take a risk on his own investment than the Cayman Islands Government and the Caymanian people? Where else on the face on this earth is Dart going to invest his money and have the Government take the risks? Is Beloved Mr. Dart going to repay the outrageous concessions to the Cayman Islands and the Caymanian people when his investment returns him hundreds of millions of dollars? I really don't think so. Anyone on this earth who thinks Dart is going to invest hundreds of millions of dollars in Cayman without being absolutely positively certain of collecting hundreds of millions in return seriously needs to have their head examined. Why on earth can the all loving Mr. Dart not leave the Cayman Islands alone with the measly fifty or one hundred million or so that rightfully belongs to the Cayman Islands? This is very simply and very clearly giving our country and our birthright away to a mega millionaire to make more mega millions from while we continue with a gowerment that cannot report a surplus. This is NOT good business sense, my Caymanian people. Is this setting a precedent for mega millionaires to come to this island to reap the incredible jackpot of our gowerment's stupidity, my people? I would say yes it most certainly is. We are forever doomed in this country if things to not CHANGE, my people. We need to politely tell Mr. Dart to shove his hundreds of millions of dollars if we have to bear the burden of the risk of his investment, and if we are not going to benefit in the same measure as he does. Fair is fair. Love is absolute bull crap, Cayman, and we need to STOP being misguided and trampled and decieved to death at the pretense of love as we have been doing in this country to our absolute and eternal detriment. It is time for it to STOP, Cayman. Cayman survived and thrived long before we ever heard of Mr Dart, and we can continue to do so, no matter WHAT he or McKeeva Bush says.
Yes Dart will make a gain on
Yes Dart will make a gain on his investments but when????
When???????
Tonight? Tomorrow? Next Week? NO. Years and years in the future if not decades
Lets take Camana Bay for example;
Cost to date: roughly $800 Million, if he makes 5 percent annual return or $40 million a year it would take him 20 years to break even not taking inflation into consideration. Everything Dart does is long term including the return on his investments. Does anyone even realise how finance works. You put up huge amounts of capital to gain a decent return over a long period usually years and decades.
Where is the risk to Cayman and Cayman's Government?? Yes he has been given waivers for import duty and development fees, what about lawyer fees, what about auditing fees, what about utilities fees, what about architect fees? The only risk to Cayman is that Dart leaves us here for a better return on his investments and that is almost every other Caribbean country.
Nothing/Nobody has anything that will create long term growth for Cayman besides Dart right now and you want him to leave???
I suppose you haven't heard
I suppose you haven't heard that Cayman's coffers are dry, bone dry... today, not tomorrow, not next week not years and years or decades in the future, Cayman's coffers, in spite of all the UDP"s glorious promises in order to get themselves re-elected in order to finish destroying this country, are dry TODAY. Did you get that? And that same UDP gowerment is now fattening Mr. Dart's wallet to the tune of tens of millions of dollars as a means of getting us out of the mess that we are in because of the millions and millions THEY have wasted. Yes Mr Dart will make a gain on his investments but when???? Who gives a flying f? Do you believe when he does he will say look Cayman here is the tens of millions of dollars I took from you in concessions way back there? Do you really think so? No we are not asking him to leave. We are asking him to pay his duties like everyone else, including you, has to do in Cayman, and to deposit his head tax revenue into our Government coffers where it rightfully belongs. WHY on earth do some people seem to think that that is being unfair to a multi BILLIONAIRE who swears to God almighty that he LOVES Cayman is totally and completely and absolutely and utterly and eternally beyond me.
The real Beanie.
The real Beanie.
He hasn't made his billions
He hasn't made his billions by being stupid. If he is investing he is making money. Its only mental midgets that think differently.
13:39 it looks like money
13:39 it looks like money will make some people say anything, people like you are our problem, remember the other countries people like you raped, how much more do we take .
Dart propagandists hard at
Dart propagandists hard at work, I see. Let me put it to you this way, this so-called risk-taking corporation has done very well in the past, and I seriously doubt they would do so if there wasn't a certain level of comfort that their risks would pay off handsomely. So please spare us the rhetoric - Dart stands to benefit immensley, the Cayman Islands on the other hand, stands to gain very little in return.
Well said. I was about to
Well said. I was about to answer this poster, but now I don't need to. Anyone who cannot see through this and understand this group's mode of operandi and how they have operated elsewhere and are doing the same thing here in Cayman, then it is either they work for this corporation, or they are party of the UDP gravy train. I just wish they would save their propaganda for the gullible fools out there, Caymanians are not as dumb as they all seem to think.
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