The "chickens are coming home to roost". The current pension fund has been depleted by corrupt politicians year after year and ministers have put their "head in the sand" hoping that the problem would become someone else's. Well guess what? It is now a problem for ALL of us. There is no painless solution. If the Bahamas pension fund is to prevail then the country is going to have to take the lead from other countries who have encountered similar problems. The likely options for the government that has the balls to tackle the problem are:
1. The ending of non-contributory pensions for new civil servants. 2. The commencement of mandatory contributions for civil servants still in employment. 3. A staggered increase in the pension age for all. For example, someone with 20 years still to work receives state pension at 67 instead of 65. 10 years working life means retirement age of 66 etc. 4. An increase in NIB contributions for all.
"And to think Minnis as a medical doctor seems quite prepared to live with an atrocity against the Bahamian people on par with the Nazi extermination of Jews during the holocaust using poisonous gas"
You have no idea what you are talking about. One of the most ridiculous statements I have read in a long time.
Who the heck wants to come off a cruise ship to buy jewelry? Passengers will only disembark in order to experience a bit of Bahamian culture. Bay street retailers need to re-think their business strategy.
Honestman says...
The Numbers bosses are pure parasites and their "businesses" should be taxed even higher. These are not productive job losses we are talking about.
On Web shop pay cut threat over anti-VAT demo
Posted 15 June 2018, 3:13 p.m. Suggest removal
Honestman says...
The "chickens are coming home to roost". The current pension fund has been depleted by corrupt politicians year after year and ministers have put their "head in the sand" hoping that the problem would become someone else's. Well guess what? It is now a problem for ALL of us. There is no painless solution. If the Bahamas pension fund is to prevail then the country is going to have to take the lead from other countries who have encountered similar problems. The likely options for the government that has the balls to tackle the problem are:
1. The ending of non-contributory pensions for new civil servants.
2. The commencement of mandatory contributions for civil servants still in employment.
3. A staggered increase in the pension age for all. For example, someone with 20 years still to work receives state pension at 67 instead of 65. 10 years working life means retirement age of 66 etc.
4. An increase in NIB contributions for all.
On Ticking timebomb of $3.7bn pensions
Posted 15 May 2018, 2:34 p.m. Suggest removal
Honestman says...
Delusional Birdiebrain. Nothing changes.
On ‘Minnis does not talk to Ingraham’, says Christie
Posted 7 May 2018, 10:43 p.m. Suggest removal
Honestman says...
What a ridiculous comment after the disaster that was Perry Christie.
On BPL blames weather for power outage
Posted 7 May 2018, 10:40 p.m. Suggest removal
Honestman says...
Well done McAlpine!
On McAlpine is only FNM to oppose speaker
Posted 15 February 2018, 7:26 p.m. Suggest removal
Honestman says...
Neither the current speaker nor the last possess the qualities to be a good House speaker. Poor choice in both cases.
On Speaker stands firm on outburst
Posted 9 February 2018, 3:47 p.m. Suggest removal
Honestman says...
"And to think Minnis as a medical doctor seems quite prepared to live with an atrocity against the Bahamian people on par with the Nazi extermination of Jews during the holocaust using poisonous gas"
You have no idea what you are talking about. One of the most ridiculous statements I have read in a long time.
On Jubilee Gardens families file suit
Posted 5 February 2018, 1:09 p.m. Suggest removal
Honestman says...
This has been badly handled by government.
On Jean Rony in court after being thrown back in detention (video)
Posted 5 February 2018, 1:05 p.m. Suggest removal
Honestman says...
Well said!
On Majority Rule Day
Posted 14 January 2018, 7:15 p.m. Suggest removal
Honestman says...
Who the heck wants to come off a cruise ship to buy jewelry? Passengers will only disembark in order to experience a bit of Bahamian culture. Bay street retailers need to re-think their business strategy.
On Downtown jeweller tight-lipped over closure claims
Posted 2 January 2018, 2:17 p.m. Suggest removal