Leslie Miller and the electrical workers union has been allowed to play political football with an essential for long enough! The cabinet of the Bahamas need to sit down and make a hard and firm decision about BEC. Will it be sold? Or will government continue to operate. If engines need to be replaced or added how and when will it be done and how will it be financed? Are we going to wait until summer and have another record blackouts? What happens when Bah Mar comes on stream? Why is BEC operating at a loss and in a cash crisis when all excess costs for fuel are passed on to the consumer? Why are Bahamians paying the highest electricity bills in the Caribbean and as much as four times the rate of electricity in Florida?

The contractor is suppose to have insurance up until 90 days after the buildings are turned over th government (under most contracts)

His picture even look retarded

Unpaid workers some say...what a waste

And come back for more even if you don't need it!!! Gold rush in ya face!

If you pay 200% duty on mattresses for example plus a VAT on top of these duties plus local costs you will actually pay 26% VAT on the first cost of the beds. So how can businesses that sell beds account for this 25% direct increase in their inventory cost without raising prices? There is a carrying costs that can run 3-6 months in which the business will have these mattresses in inventory before they sell them.

What John Rolle must consider is that VAT will being tying up the operating cash of many businesses and if it means that businesses have to take out loans or overdrafts to cover this additional cost on inventory (even though it is a pass thru item) then this will be a direct cost on the business. The accounting costs of many business will also increase as many businesses never have a formal accounting system. Then the method they are calculating the VAT at the ports amounts to more than 7.5%. First they calculate the duty, then the local charges including customs processing fees and levies and the duty is added to your cost of goods then the VAT is calculated on this sum. This can be between 9 and 12% depending on how much duty is paid and if you bring in a vehicle that attracts 80% customs duties, the local taxes will exceed the landed cost of the vehicle! the same is true for mattresses (200%) and cigarettes and other tobacco products..So yes there will be prices increases and eventually the market will find its equilibrium. Some businesses may also price themselves out of the market.

basically what Wells is saying is that he is going to build a new house. The new house will be built on the site where his old house is. Material from the old house will be used to construct the new house but he will continue to occupy the old house while the new house is being constructed.

If all dey was doing was making a study all you hadta do was sign a memorandum of understanding, especially since you say it was not costing da govment nuttin. The letter of intent say you, representing the PLP government, was signing an agreement of your intention to enter into a $600 million contract with dem folks!

Ok lets assume that the FNM does have ulterior motives for bringing attention to BoB and its woes as the PM is crying now. Then Perry Christie has to find the traitors inside BoB who created the dray load of toxic loans and who went against proper bank policy and regulations to cause the bank to implode. Did these people also have ulterior motives that collude with those of the FNM or were they just carrying out the whims and wishes of their PLP bosses and now that the Sh!t has hit the fan, they too, are playing the blame game and they too are running for cover. When you throw stones you should not live in glass houses!