Author Topic: Speculation requested  (Read 1249 times)

Offline Nashwan

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Speculation requested
« Reply #45 on: October 16, 2004, 10:58:04 AM »
Quote
Just to hit the high points, Bodhi, Lendlease in total was 50 billion, and has all been repaid


Just a very minor correction, but Britain still has 3 payments left, $148 million in December this year, $142 million December 2005, $83 million December 2006.

Offline Curval

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« Reply #46 on: October 16, 2004, 11:05:35 AM »
Bodhi...the Lend Lease program from Bermuda's perspective:

The US is granted a 99 year lease to establish two naval bases.

They do so and pump millions into the local economy.

Budget cuts and the collapse of the Soviet Union means that these bases are no longer viable.

The US pulls out.

The US leaves us with a massive ecological mess as a result of illegally dumping all kinds of waste into a natural cave system.  This waste includes everything from JP5 jet fuel sludge to raw sewage to disposable US navy issue tampons.

This waste will cost about 50-100 million to clean up,but the caves would not be able to sustain any life at all.  They are dead.  The island's water table is threatened as a result, making well water in that area at least totally polluted.

As compensation the US government pays 11 million dollars to wash their hands of the situation.

The local government accepts, and quite likely deposits most of it into Swiss bank accounts.

Debt paid and a huge mess which is someone else's problem.
Some will fall in love with life and drink it from a fountain that is pouring like an avalanche coming down the mountain

Offline Lizking

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« Reply #47 on: October 16, 2004, 12:38:26 PM »
You are correct, Nashwan, I should have used the word "resolved" not "repaid".