Many in the Private Sector are scared of their own shadow. But for the family inheritance they would starve. But for a protectionist system they would be out of business.
These guys couldn't compete against any real foreign competition. The Bahamas is saddled with a bunch of inferior businesses.

Shocked he is not, saddened, maybe.

But why make a statement about it at all?

Because he doesn't have a clue how to run the country or fix its economic problems.

If this man truly wanted to stop crime he would be working on the economy so as to be in a position to alleviate the poverty in this Country.

Poverty has created the social ills that are at the root of crime.

But not a word on the economy.

Looks like it. They had the opportunity to push for the Fiscal Responsibilities Act and blow it.

Dimwits is correct.

Even the IDB expected The Bahamas to implement fiscal responsibility and the government expected that they would have to pass one to get the VAT.

Good comment. Right on point.

Emmmm......so what about the 1987 election? The only ones who undermine our sovereignty are ourselves......lack of ballot papers...delay voting........ballot papers that should have been destroyed two years after the last election still in the ballot box and so on.

Yes, we should have international observers...it will help keep our democracy.

Thanks, I will read.

Well_mudda-take-sic please take a read of the Bretton Woods Conference of 1944 and also the thoughts of John Maynard Keyens and Harry Dexter White. These explain much of how the IMF, World Bank and the WTO were created and why.

They set out to try to ensure that the world did not experience the catastrophic economic problems that played a big part in the Second World War and the violent death of over 60 million people.

Where are the self righteous reverends when we needs them. They make big stink about Numbers and Gays and the Referendum.......murder = silence.

And all this time I thought that "murder" was one of the big ten no no's.

This whole National Insurance thing is going to be the final nail in the coffin for the Bahamian Economy.

It will be one big whole into which we pour money for nothing better than we already have.

This NHI is criminal.

If the spending is not controlled we will see a 20% VAT, a cut in Civil Service Pensions of 10% to 15%, the introduction of Income Tax, Real Property Tax on all land owned by Bahamains, and that is just for starters.

The IDB and IMF are there to help a country improve it economy and standard of living for it people. Loans are made on the proposals put forward by the Country applying.

The IMF nor the IDB force a country to borrow, nor do they try to find reasons just so a country will borrow from them.

Bahamians, in general, do not have a good credit rating, at home or in other countries.

Soon the government will bring us a national disgrace unless we get the spending under control.

Perry and his government can't even tell us where they have spent $1.5 billion dollars. That is out of control spending.