Comment history

Economist says...

Agreed Sheeprunner12. I am not interested in what the PLP did or did not do. We all have a pretty good idea. That is why The Bahamian people voted them out.

The FNM just needs to tell us what they are doing to fix the Country.

On Davis: Payroll claims untrue

Posted 12 June 2017, 3:44 p.m. Suggest removal

Economist says...

***"We had to bring in technical experts, two-three sets of experts, and there was plenty of work done locally that had value. We had spent $80,000-$100,000 in preparing that [bid] document."***

Welcome to the real world of business. Companies spend money on bids all the time. Depending on the project, some companies spend millions on the bid alone.

You knew that there was an election coming up and that there was a "possibility" that the Government might change.

This happens to companies all over the world.

Grow up!

On Landfill bid cancel 'a grave mistake'

Posted 9 June 2017, 5:12 p.m. Suggest removal

Economist says...

I agree with Alex_Charles. I don't care about who did what. Tell us how you are going to fix the problem and get the occupancy rate up.

At the same time tell us where you are with the hotels in Freeport as Grand Bahama is in dire straights.

no past.....just the future

Economist says...

The fact is that the PLP needs a fresh face. The only one they have is Chester and he might just be the one to move things along.

The other PLP members should wait a year or two and then one by one resign and trigger a by-election and get some young new faces into the house.

The old guard Senators should resign after the Convention and start the renewal process.

Davis is far to tainted to be the Leader.

The Country needs a new vibrant opposition.

Economist says...

Part of the debt that the PLP complained about were the road works in New Providence. At least we can see something for that debt.

Economist says...

It should and can be done. You don't need to build up reserves to do it.
I have spoken to experts in the field and it can be done BUT you need the US to agree to provide certain things. Apparently, we have never asked.

Economist says...

Good for the new Minister to pay attention to this. Finally we have someone with sense in the Ministry of Finance.

Economist says...

Of course you can shut down Bahamasair. You ave to write off the $550 or $650 million and save $30 million a year.

By keeping Bahamasair we just go deeper into the National Debt.

Economist says...

The British nor the Canadian Governments own those airlines. British Airways was privatized around 1985.

The Dutch sold KLM, Belgium let Sabina collapse and the Canadian government sold off most of Air Canada. The Swiss let Swissair go into bankruptcy and shut down.

The Bahamas doesn't need a so called National Airline that loses $30 million a year.

Bahamasair is under capitalized, over staffed and was never set up to stand on its own.

Economist says...

So far so good. The Government seems to realize that the best way to get the economy going is to get the private sector back into better health and growing.