LMAO. Only government bureaucrats using known inaccurate accounting information could call over-shooting a deficit target by 33% a near miss. Aiming for $131 million and arriving at $175 million would be no small $44 million miss of the mark even if the accounting information used was correct.
As for the views of the dishonest rating agencies like Moody's, their reputation was left in complete tatters back in 2008 with the great recession caused by the housing bubble that nearly took down the entire global financial system. And the very leftist leaning Moody's is the only one the three largest credit rating agencies that has steadfastly refused to downgrade the credit rating of the U.S. as a result of its frighteningly high and unsustainable debt to GDP ratio that is now threatening to topple the U.S. dollar as the world's reserve currency.
Word on the street has it that the terms of the contract government signed with the PWC firm to prepare the report prevents the report from being made public without the consent of PWC even though it was paid for by the taxpayers. That aside, the GBPA should certainly have the right to know what information was provided to PWC by the government in order to ascertain the legal validity and correctness of the extortionist sum of $357 million the government claims is due from the GBPA. Many in the legal community suspect the PWC report is so heavily qualified and caveated as to the accuracy of the $357 million that the government would find releasing its contents to the public, or even the GBPA, to be most embarrassing.
> He said hospital and surgeons’ fees for that operation cost around $80,000.
As one of the more well-known and greedy heart surgeons in the Bahamas, Sands also knows if you're unable to pony-up the $80,000, then its "sayonara" in Japanese or "tant pis" in French, or, as many Bahamians would simply say, "prepare to meet your maker."
ExposedU2C says...
LMAO. Only government bureaucrats using known inaccurate accounting information could call over-shooting a deficit target by 33% a near miss. Aiming for $131 million and arriving at $175 million would be no small $44 million miss of the mark even if the accounting information used was correct.
As for the views of the dishonest rating agencies like Moody's, their reputation was left in complete tatters back in 2008 with the great recession caused by the housing bubble that nearly took down the entire global financial system. And the very leftist leaning Moody's is the only one the three largest credit rating agencies that has steadfastly refused to downgrade the credit rating of the U.S. as a result of its frighteningly high and unsustainable debt to GDP ratio that is now threatening to topple the U.S. dollar as the world's reserve currency.
On Gov’t boost from moody’s $44m deficit miss forecast
Posted 22 April 2024, 1:34 p.m. Suggest removal
ExposedU2C says...
who does this idiot dpm think he's kidding??!!
he's not the least bit embarrassed about any of the umpteen things attributable to his gross incompetency as minister of tourism.
On DPM: Eleuthera airport woe ‘completely embarrassing’
Posted 22 April 2024, 1:24 p.m. Suggest removal
ExposedU2C says...
Word on the street has it that the terms of the contract government signed with the PWC firm to prepare the report prevents the report from being made public without the consent of PWC even though it was paid for by the taxpayers. That aside, the GBPA should certainly have the right to know what information was provided to PWC by the government in order to ascertain the legal validity and correctness of the extortionist sum of $357 million the government claims is due from the GBPA. Many in the legal community suspect the PWC report is so heavily qualified and caveated as to the accuracy of the $357 million that the government would find releasing its contents to the public, or even the GBPA, to be most embarrassing.
On PM: Lawyers to meet as GB deadline looms
Posted 22 April 2024, 1:13 p.m. Suggest removal
ExposedU2C says...
> He said hospital and surgeons’ fees for that operation cost around $80,000.
As one of the more well-known and greedy heart surgeons in the Bahamas, Sands also knows if you're unable to pony-up the $80,000, then its "sayonara" in Japanese or "tant pis" in French, or, as many Bahamians would simply say, "prepare to meet your maker."
On FNM: How are health funds being spent?
Posted 22 April 2024, 12:55 p.m. Suggest removal
ExposedU2C says...
None. It was all spent on vaccines for the sheep.
On FNM: How are health funds being spent?
Posted 22 April 2024, 12:37 p.m. Suggest removal
ExposedU2C says...
Yes, but as we all know, cockroaches do not like the light of day.
On ‘Folly’ to release PwC’s $357m GBPA research
Posted 21 April 2024, 2:56 p.m. Suggest removal
ExposedU2C says...
This comment was removed by the site staff for violation of the usage agreement.
On Pintard: Stop doing business with gangsters
Posted 21 April 2024, 2:46 p.m.
ExposedU2C says...
Apparently she worked in the PM's Delvery Unit for several years.
On Man accused of injuring ex-girlfriend OPM staffer, released on bail
Posted 21 April 2024, 2:42 p.m. Suggest removal
ExposedU2C says...
The foul odours being emitted cannot possibly be any worse than those emitted by Davis himself.
On Gov't to investigate industrial odours in GB
Posted 21 April 2024, 2:40 p.m. Suggest removal
ExposedU2C says...
This comment was removed by the site staff for violation of the usage agreement.
On Davis wants to see financial industry back to 30% of GDP
Posted 19 April 2024, 12:07 p.m.