They aren't plugging the hole though. They admit the hole will get bigger, but this will be covered by increased spending and those 0% items being 10% now. But there is nothing in it about plugging the hole.
Of course its reckless as they have just told the credit ratings agents we are in an even worse shape then we said before. But it was politics. FNM did the same to PLP last time with their $700 million unknown liabilities. SO i guess if PLP lose the next election we will hear $1.3 billion unknown next time.
The extra spending will not cover the 2% loss, the extra 10% on Breadbaskets and others will cover it. Only the wealthy have extra money sitting around that they may then decide to spend, but then i doubt the 2% bothers them that much.
So we are $1 billion worse then we thought and we have not enacted any major revenue programs or expense reduction programs to pay for this. I reckon IMF maybe starting to book their tickets and hotel stay soon.
And all along the Bahamian people still are lumped with a power company that charges very high fees and yet can't keep power on. They have known for a long time we needed major changes at BPL, but as the gravy train was so great they just dragged on any changes until Government changes, as they know they can then go through the whole process again.
Not sure why they say thats why he is in Rome. I looked it up and that meeting was held in Miami over 10 days ago. I have no idea why he is Rome but it appears the Caricom meeting is not correct.
We don't care about the environment unless we can make some money out of it. How can we say we need to be paid due to climate change when every other year we allow another cruise ship company more land so they can have more ships come here. Why is it that we put road blocks in the way of people going solar, why is it that every day we allow these trucks to spew exhaust fumes and nothing is done. We are only up in arms as we hope to make some money.
Another quasi Government entity run by idiots. Most countries in the world have already dealt with this issue (years ago). But here we are still making idiotic decisions and having consultations when we can just take ideas from other places. What makes it laughable is over the next few weeks at the climate meeting our illustrious members of Government will be telling the world how important it is for the world to do something to slow the change down, all the while they make it almost impossible for companies and people to do anything about it here
Anyone who has ever walked that area knows it is not that feasible to build on. IF people were to build on the cost to do it will be enormous. If they go ahead I am pretty sure it will be the Pinewood of that area.
Dawes says...
They aren't plugging the hole though. They admit the hole will get bigger, but this will be covered by increased spending and those 0% items being 10% now. But there is nothing in it about plugging the hole.
On VAT CUT BY JAN 1: PM Davis in pledge over 10% tax rate
Posted 28 October 2021, 1:38 p.m. Suggest removal
Dawes says...
Of course its reckless as they have just told the credit ratings agents we are in an even worse shape then we said before. But it was politics. FNM did the same to PLP last time with their $700 million unknown liabilities. SO i guess if PLP lose the next election we will hear $1.3 billion unknown next time.
On Minnis: $1bn allegation is reckless and dangerous
Posted 28 October 2021, 9:50 a.m. Suggest removal
Dawes says...
The extra spending will not cover the 2% loss, the extra 10% on Breadbaskets and others will cover it. Only the wealthy have extra money sitting around that they may then decide to spend, but then i doubt the 2% bothers them that much.
On VAT CUT BY JAN 1: PM Davis in pledge over 10% tax rate
Posted 28 October 2021, 9:21 a.m. Suggest removal
Dawes says...
So we are $1 billion worse then we thought and we have not enacted any major revenue programs or expense reduction programs to pay for this. I reckon IMF maybe starting to book their tickets and hotel stay soon.
On ‘$1bn hole in pre-election report’
Posted 28 October 2021, 9:16 a.m. Suggest removal
Dawes says...
And all along the Bahamian people still are lumped with a power company that charges very high fees and yet can't keep power on. They have known for a long time we needed major changes at BPL, but as the gravy train was so great they just dragged on any changes until Government changes, as they know they can then go through the whole process again.
On BPL’s Shell deal process ‘oblique’
Posted 27 October 2021, 9:01 a.m. Suggest removal
Dawes says...
Not sure why they say thats why he is in Rome. I looked it up and that meeting was held in Miami over 10 days ago. I have no idea why he is Rome but it appears the Caricom meeting is not correct.
On Mitchell denies infighting but says supporters must be ‘straight soon’
Posted 27 October 2021, 8:57 a.m. Suggest removal
Dawes says...
We don't care about the environment unless we can make some money out of it. How can we say we need to be paid due to climate change when every other year we allow another cruise ship company more land so they can have more ships come here. Why is it that we put road blocks in the way of people going solar, why is it that every day we allow these trucks to spew exhaust fumes and nothing is done. We are only up in arms as we hope to make some money.
On ‘Next hurricane can wipe us out’
Posted 22 October 2021, 8:50 a.m. Suggest removal
Dawes says...
Another quasi Government entity run by idiots. Most countries in the world have already dealt with this issue (years ago). But here we are still making idiotic decisions and having consultations when we can just take ideas from other places. What makes it laughable is over the next few weeks at the climate meeting our illustrious members of Government will be telling the world how important it is for the world to do something to slow the change down, all the while they make it almost impossible for companies and people to do anything about it here
On URCA: Renewable policies not working
Posted 21 October 2021, 4:28 p.m. Suggest removal
Dawes says...
Truth and Birdie are at opposite ends, and never shall meet.
On GB Power promises $50m network spend
Posted 21 October 2021, 8:54 a.m. Suggest removal
Dawes says...
Anyone who has ever walked that area knows it is not that feasible to build on. IF people were to build on the cost to do it will be enormous. If they go ahead I am pretty sure it will be the Pinewood of that area.
On ‘So much work to do’ on Prospect Ridge
Posted 21 October 2021, 8:52 a.m. Suggest removal