I doubt you are correct. Grand Bahama has a customer base of only 19,500 customers. Emera is a very profitable multi billion dollar company with power plants in numerous countries. I trust their expertise better than yours. Natural gas can be done profitably and will be done so in grand Bahama shortly. It is no panacea, but is much cheaper and environmentally friendly than oil.
Very simple. Legislation should be passed in parliament designating certain civil servants as vital to national security ( BEC and the police force) making it illegal to unionize. Then immediately disband the unions, and reduce salaries to reasonable levels and terminate the incompetents.
Emera could solve our electricity problems. They have already done it in grand Bahama where they built a new power plant in 2012, which because of increased efficiency reduced electricity bills and greatly reduced blackouts. The fuel surcharge this month for grand Bahama power company is less than 13 cents. The new plant has turbines that can run on natural gas which is the cleanest fossil fuel available. Emera has plans to ship natural gas to grand Bahama shortly, which will further reduce electricity bills and lead to a cleaner environment.
I agree with you completely. I have voted for 3 different parties the last 3 elections, simply to get the last bastards out. Our only options are voting for a terrible arrogant FNM or a really terrible corrupt PLP party. In this country we do not vote for a party, more so we vote against the terrible incumbent party. At least we have the sense to rotate them now every 5 years.
We were also told by Mr. Hanna and Mr. Davis that the building was insured and it was not. It was a bold faced lie so why would we believe anything these men have to say. Mr. Hanna deposit the $2.6 million in the treasury immediately, until then the Bahamian people do not believe a single word that comes out of your mouth. We are sick and tired of coverups, cronyism, and LIES.
How does the cost of the dorm increase more than 100% in a year? Not hard to see what is being done. The fix is in. The new building will cost 3 million, so the fraudulent contractor does not pay one cent for his dishonesty and the Bahamian taxpayer covers for this cronyism. Mr. Davis should really resign, we are sinking to new lows and the corruption stinks to high heaven.
This is the review, all bahamians should read this, it is a sobering warning of what can happen with a govt managed health program. We deserve so much better.
Administrative costs as a percentage of contributions in the Bahamas 21.6%, Barbados 5.2%, and Trinidad 4.9% - simply unbelievable mismanagement and wastage of precious pension funds!
Mr. Allen should familiarize himself with the last actuarial review done on NIB. Based on current contributions and benefits expended the fund will be insolvent by 2026. Fully 22% of contributions are consumed by administrative costs, by far the highest in the Caribbean. Barbados and even Jamaica by comparison are under 10%. In short NIB is a wonderful idea, it has helped many people, but it is terribly bloated and inefficient and has been mismanaged by successive governments. And this is the govt that he wants to manage a massive health care program? Truth is these funds should be sacred and managed by an independent management team free from govt interference. Instead govts have used NIB as a slush fund to pay for all manner of expenditures that have nothing to do with pensions. We can not afford a national health program until our beauracracy becomes honest, and efficient and with as minimal govt interference as possible. The 40 year track record of NIB gives us no such hope.
Do not be naive. There is no suspense here, all these operators know if they will get a license. The fix was in before the referendum and it is still in. Nothing is for free and you get what you pay for.
Very good point Tal which is why it pays to be honest, in a very real sense we all reap what we sow. Perhaps we need whistle blower legislation, that protects and rewards those who expose corruption and stealing from the public treasury. In the U.S. a whistle blower is entitled to a percentage of the funds recovered because of their action.
DonAnthony says...
I doubt you are correct. Grand Bahama has a customer base of only 19,500 customers. Emera is a very profitable multi billion dollar company with power plants in numerous countries. I trust their expertise better than yours. Natural gas can be done profitably and will be done so in grand Bahama shortly. It is no panacea, but is much cheaper and environmentally friendly than oil.
On Private sector fears BEC reform process being compromised
Posted 16 March 2015, 3:37 p.m. Suggest removal
DonAnthony says...
Very simple. Legislation should be passed in parliament designating certain civil servants as vital to national security ( BEC and the police force) making it illegal to unionize. Then immediately disband the unions, and reduce salaries to reasonable levels and terminate the incompetents.
On Blackout to cost taxpayers up to $500,000, says Miller
Posted 16 March 2015, 3:31 p.m. Suggest removal
DonAnthony says...
Emera could solve our electricity problems. They have already done it in grand Bahama where they built a new power plant in 2012, which because of increased efficiency reduced electricity bills and greatly reduced blackouts. The fuel surcharge this month for grand Bahama power company is less than 13 cents. The new plant has turbines that can run on natural gas which is the cleanest fossil fuel available. Emera has plans to ship natural gas to grand Bahama shortly, which will further reduce electricity bills and lead to a cleaner environment.
On Private sector fears BEC reform process being compromised
Posted 16 March 2015, 2:58 p.m. Suggest removal
DonAnthony says...
I agree with you completely. I have voted for 3 different parties the last 3 elections, simply to get the last bastards out. Our only options are voting for a terrible arrogant FNM or a really terrible corrupt PLP party. In this country we do not vote for a party, more so we vote against the terrible incumbent party. At least we have the sense to rotate them now every 5 years.
On Symonette: Ingraham would have demanded a resignation
Posted 13 March 2015, 3 p.m. Suggest removal
DonAnthony says...
We were also told by Mr. Hanna and Mr. Davis that the building was insured and it was not. It was a bold faced lie so why would we believe anything these men have to say. Mr. Hanna deposit the $2.6 million in the treasury immediately, until then the Bahamian people do not believe a single word that comes out of your mouth. We are sick and tired of coverups, cronyism, and LIES.
On ‘I will rebuild BAMSI for free’
Posted 13 March 2015, 11:34 a.m. Suggest removal
DonAnthony says...
How does the cost of the dorm increase more than 100% in a year? Not hard to see what is being done. The fix is in. The new building will cost 3 million, so the fraudulent contractor does not pay one cent for his dishonesty and the Bahamian taxpayer covers for this cronyism. Mr. Davis should really resign, we are sinking to new lows and the corruption stinks to high heaven.
On Deputy PM ‘misled’ Parliament over BAMSI
Posted 12 March 2015, 12:03 p.m. Suggest removal
DonAnthony says...
This is the review, all bahamians should read this, it is a sobering warning of what can happen with a govt managed health program. We deserve so much better.
http://www.nib-bahamas.com/UserFiles/HT…
Administrative costs as a percentage of contributions in the Bahamas 21.6%, Barbados 5.2%, and Trinidad 4.9% - simply unbelievable mismanagement and wastage of precious pension funds!
On Don’t back down
Posted 11 March 2015, 5:07 p.m. Suggest removal
DonAnthony says...
Mr. Allen should familiarize himself with the last actuarial review done on NIB. Based on current contributions and benefits expended the fund will be insolvent by 2026. Fully 22% of contributions are consumed by administrative costs, by far the highest in the Caribbean. Barbados and even Jamaica by comparison are under 10%. In short NIB is a wonderful idea, it has helped many people, but it is terribly bloated and inefficient and has been mismanaged by successive governments. And this is the govt that he wants to manage a massive health care program? Truth is these funds should be sacred and managed by an independent management team free from govt interference. Instead govts have used NIB as a slush fund to pay for all manner of expenditures that have nothing to do with pensions. We can not afford a national health program until our beauracracy becomes honest, and efficient and with as minimal govt interference as possible. The 40 year track record of NIB gives us no such hope.
On Don’t back down
Posted 11 March 2015, 4:52 p.m. Suggest removal
DonAnthony says...
Do not be naive. There is no suspense here, all these operators know if they will get a license. The fix was in before the referendum and it is still in. Nothing is for free and you get what you pay for.
On Island Luck files bid for web shop licence
Posted 11 March 2015, 1:29 p.m. Suggest removal
DonAnthony says...
Very good point Tal which is why it pays to be honest, in a very real sense we all reap what we sow. Perhaps we need whistle blower legislation, that protects and rewards those who expose corruption and stealing from the public treasury. In the U.S. a whistle blower is entitled to a percentage of the funds recovered because of their action.
On BAMSI repairs to start when insurance issues resolved
Posted 11 March 2015, 1:04 p.m. Suggest removal