The CEO of ADP is advocating that the government create a port monopoly with ADP!!!! He does this by waving money ("the government would make additional money") in front of the Minister. Unbelievable!!!
The fiscal state of the government over the next 5 years is very concerning giving the following:
- The pending Pension Bill that would mandate that all employers provide pension to workers (including the government), however, I am unsure if this includes contract workers (which may lead to a significant increase in contract workers), increasing the pension liability of the government - The National Health Insurance Plan that the government announced will be implemented (potentially adding hundreds of millions of dollars to the government's expenditure) - Interest payments on the $200m borrowed for the Defense force boats in addition to the $1.5 billion ($300m * 5 years) that is estimated to be borrowed over the next 5 years). - The potential economic slowdown of VAT, and - Union pressure from Teachers, Police, Customs and Immigration to increase salaries
Whomever is the government during this time will have a very difficult term and a further ratings downgrade appears likely. The only thing that may bail out the government are a major oil discovery within the Bahamas or a drastic reduction in the oil price (limiting inflation). There is also the unforeseen foreign investments or events that can assist. Time will tell.
In the April 19, 2012 article in the Guardian and Tribune relating to the financial disclosure of candidates, 56 of the candidates were millionaires. How many of the sitting MPs are among the Millionaire's MP Club?
Also, how many of the current MPs currently adhere to the annual disclosure act that is law? Let's have them comply with the current disclosure law and then we can discuss salary increases.
In the April 19, 2012 article in the Guardian and Tribune relating to the financial disclosure of candidates, 56 of the candidates were millionaires. How many of the sitting MPs are among the Millionaire's MP Club?
Also, how many of the current MPs currently adhere to the annual disclosure act that is law? Let's have them comply with the current disclosure law and then we can discuss salary increases.
BayStreet23 says...
The CEO of ADP is advocating that the government create a port monopoly with ADP!!!! He does this by waving money ("the government would make additional money") in front of the Minister. Unbelievable!!!
On Gov't take grows if Port gains shipping exclusivity
Posted 28 August 2014, 5:57 p.m. Suggest removal
BayStreet23 says...
The fiscal state of the government over the next 5 years is very concerning giving the following:
- The pending Pension Bill that would mandate that all employers provide pension to workers (including the government), however, I am unsure if this includes contract workers (which may lead to a significant increase in contract workers), increasing the pension liability of the government
- The National Health Insurance Plan that the government announced will be implemented (potentially adding hundreds of millions of dollars to the government's expenditure)
- Interest payments on the $200m borrowed for the Defense force boats in addition to the $1.5 billion ($300m * 5 years) that is estimated to be borrowed over the next 5 years).
- The potential economic slowdown of VAT, and
- Union pressure from Teachers, Police, Customs and Immigration to increase salaries
Whomever is the government during this time will have a very difficult term and a further ratings downgrade appears likely. The only thing that may bail out the government are a major oil discovery within the Bahamas or a drastic reduction in the oil price (limiting inflation). There is also the unforeseen foreign investments or events that can assist. Time will tell.
On Halkitis hits out at critics of Budget
Posted 3 June 2014, 6:11 p.m. Suggest removal
BayStreet23 says...
In the April 19, 2012 article in the Guardian and Tribune relating to the financial disclosure of candidates, 56 of the candidates were millionaires. How many of the sitting MPs are among the Millionaire's MP Club?
Also, how many of the current MPs currently adhere to the annual disclosure act that is law? Let's have them comply with the current disclosure law and then we can discuss salary increases.
On Deputy PM: More pay would stop politicians doing wrong
Posted 19 May 2014, 1:06 p.m. Suggest removal
BayStreet23 says...
In the April 19, 2012 article in the Guardian and Tribune relating to the financial disclosure of candidates, 56 of the candidates were millionaires. How many of the sitting MPs are among the Millionaire's MP Club?
Also, how many of the current MPs currently adhere to the annual disclosure act that is law? Let's have them comply with the current disclosure law and then we can discuss salary increases.
On MPs are too greedy
Posted 19 May 2014, 1:05 p.m. Suggest removal