Comment history

BahamaPundit says...

Re: The_Oracle I'v thought about the differences between the FNM and PLP too. Please don't use the word "inept" when describing the FNM. Most of them are multimillionaires and fit as a fiddle when it comes to managing their own money. I am of the view that both the FNM and PLP parties have no problem using their office to personally prosper. They believe in party before country. They both value secrecy over transparency. Most importantly, they believe in might makes right and "if you don't get caught, it's not a crime." With all that said and done, the key difference is that the FNM uses construction (road works) and complex business transactions (sale of BTC) to redirect money from the country. The PLP is much more blunt, blatant and go straight for the funds (BOB). So, the two parties differ in the style in which they steal the country's wealth, but I am convinced that both parties spend 95% of their time in office seeing how they can personally prosper during their term.

BahamaPundit says...

Yep. It's becoming clear as day that Minnis and his crew are just another PLP government hiding in FNM clothing, and Minnis himself is just another Perry Christie. We voted for change but got more of the same.

BahamaPundit says...

Mr. Davis, the question is not where the money is coming from, but who the money is going to? We all know Bahamian politicians are expert borrowers. If you want to catch a Bahamian political party stealing, look no further than construction! Is it a coincidence that all these FNM building plans are being announced before the Fiscal Responsibility Act is brought into force and during the summer break when half the island is away on vacation? I think not! This announcement is a disasterous betrayal of the Bahamian people and flies in the face of everything the FNM campaigned against! The real questions are: 1. Who would be paid the attorney fees for the sale? 2. Who would be paid the realtor and finder's fee for the sale? 3. Who will be paid for the construction renovations and other equipment purchases? These are the real questions, because this is obviously just another slush fund, Bamsi project. The second slush fund, urban renewal project anounced in the month of July! Minnis has sold out!!! He is an untested novice who has never lead so much as a dog to its water bowl. Now his true majority rule, corruption colors are coming to light like a peacock on a stage.

BahamaPundit says...

Because the right thing is so obvious, and Minnis confirmed that he knows what the right thing to do is when he was campaigning, one must conclude that the longer Minnis delays doing the right thing, it means that he does not want to do the right thing and is just as evil, corrupt and unpatriotic, as those politicians he replaced by campaigning on change and doing the right thing.

BahamaPundit says...

The thing is doing the right thing is so obvious. The right thing: Beef up police patrols in bad neighborhoods. Bring into force Freedom of Information Act. Bring into force Fiscal Responsibility Act. Bring into foce term limits and campaign transparency act. Investigate BOB publically and expose all politicians involved. Bring into force Cannabis legalization laws following the open Jamaican model. Sell Aliv shares to the public, so everyone has a chance to buy shares. Post monthly the proceeds received from VAT and how they are reducing the debt...

BahamaPundit says...

Five years is too long. Elections should be every three years. Too much ireparable damage can be done in half a decade. The signal is clear that Minnis is finished. Anything they try to do will fail. The people have spoken: Minnis is finished.

BahamaPundit says...

Re DDK You're right. No country of this size in austerity and junk bond status should be spending 30 million dollars on a building period. Especially if they have plenty of empty buildings. It's against common sense. Also the reaons for building it are piss poor. This is the same reasoning used for Bamasi. They built a huge building in a field to teach people to farm. Real farmers don't require a beautiful building to farm, they just farm. Real workers don't require a new building to find a job, they just work. After this PLP move, I highly doubt any of our VAT money will be going to reduce the debt.

BahamaPundit says...

Re TheMadHatter I don't think there's anything we can do about it until an election. As the FNM starts to enjoy sucking up the new VAT funds, the stealing will get worse. I am not hopeful about Minnis. His lack of transparency and lack of innovative creativity are blatant flaws in his character that cannot be rectified. He pretended to be a new kind of politician like the DNA but turned out to be just another PLP type leader. I anticipate this Government to be basically the same as the last government. All the country's golden opportunities will be directed to benefit FNM cronies. The Aliv shares will go to cronies. The VAT reductions will go to cronies. The cannabis legalization will go to cronies. After reading about this silly project that will cost us 50 million, There's no doubt in my mind that Minnis is another "all for me baby" "friends, family and lovers" politician that will talk to us like we're 2 years olds. I will be greatly surprised if we ever get a freedom of information act.

BahamaPundit says...

Getting on board would make too much sense.

BahamaPundit says...

Let's not forget: The IDB loan is for 20 million, but the Government is taking another 30 million from the treasury (our VAT money) to build a building we don't need. If you want to catch a Bahamian political party in the act of red-handed stealing, look no further than construction. lets face it bahamas!!!!! we voted in another thiieving majority rule party!!!!! May God have mercy on us all. Another 50 million dollars in the pockets of cronies!!!!! 30 million taken out of VAT that should be going to pay off our debt!!!!!