You are spot on. If he really has 35 million in securities, the average dividend yield of a SP500 company is around 2 percent. On a 35 million investment that comes to around 700,000 per year - not including any capital gains. This smells like last week's conch.
Perhaps but the issue here is that, regardless of any possible outcome, I am still forced to pay union fees. If I wanted to join a union I would but also true in the reverse. If the union works out a deal, that deal should be exclusive to its members.
Option A: He was truthful and realized after the fact that disclosing his real wealth wasn't such a good idea after all. This makes him look like a fat cat and cuts his connection to the common man. Now he's trying to back peddle. Option B: He lied to make himself look more successful but is now stuck trying to back up his numbers. Either way he got egg on his face. That's why wannabe politicians hire PR firms to smooth out such issues. Also... Kevin King -- Kingdom Government Movement -- WORST political party name EVER! Why not just call himself King Kevin while he's at it.
"...would result in non-union members in a particular workplace paying service fees to the union to cover costs..." - So anyone who refuses to join a union would be FORCED to still pay union fees?! W-T-F !
I would assume that the salaries high level government officials get should easily cover normal living expenses. Transparency and an independent watchdog is always key but unfortunately we ain't got any of those.
Minnis needs an election NOW because the government is broke. The new government (FNM or PLP) will need to go to the IMF, bowl in hand, and beg for another massive loan. Obviously they will get but with austerity strings attached. This means higher taxes, new taxes and cutbacks. Politician's reasoning is to do it right at the beginning of a new term and have 5 years to sweet talk us before election comes again.
KapunkleUp says...
Exactly what I was thinking too.
On JUST WHAT THE DOCTOR ORDERED: Minnis reveals free school meals plan for all children regardless of family income
Posted 2 September 2021, 11:29 a.m. Suggest removal
KapunkleUp says...
So true.
On JUST WHAT THE DOCTOR ORDERED: Minnis reveals free school meals plan for all children regardless of family income
Posted 2 September 2021, 11:28 a.m. Suggest removal
KapunkleUp says...
You are spot on. If he really has 35 million in securities, the average dividend yield of a SP500 company is around 2 percent. On a 35 million investment that comes to around 700,000 per year - not including any capital gains. This smells like last week's conch.
On Candidate’s silence on his $53m fortune
Posted 31 August 2021, 1:46 p.m. Suggest removal
KapunkleUp says...
Perhaps but the issue here is that, regardless of any possible outcome, I am still forced to pay union fees. If I wanted to join a union I would but also true in the reverse. If the union works out a deal, that deal should be exclusive to its members.
On ‘Bankrupt’ warning over PLP’s deal with unions
Posted 31 August 2021, 12:40 p.m. Suggest removal
KapunkleUp says...
Option A: He was truthful and realized after the fact that disclosing his real wealth wasn't such a good idea after all. This makes him look like a fat cat and cuts his connection to the common man. Now he's trying to back peddle.
Option B: He lied to make himself look more successful but is now stuck trying to back up his numbers.
Either way he got egg on his face. That's why wannabe politicians hire PR firms to smooth out such issues.
Also... Kevin King -- Kingdom Government Movement -- WORST political party name EVER!
Why not just call himself King Kevin while he's at it.
On Candidate’s silence on his $53m fortune
Posted 31 August 2021, 10:10 a.m. Suggest removal
KapunkleUp says...
"...would result in non-union members in a particular workplace paying service fees to the union to cover costs..." - So anyone who refuses to join a union would be FORCED to still pay union fees?! W-T-F !
On ‘Bankrupt’ warning over PLP’s deal with unions
Posted 31 August 2021, 10:01 a.m. Suggest removal
KapunkleUp says...
I would assume that the salaries high level government officials get should easily cover normal living expenses. Transparency and an independent watchdog is always key but unfortunately we ain't got any of those.
On The millionaires club
Posted 30 August 2021, 4:10 p.m. Suggest removal
KapunkleUp says...
Those with money will always seek power.
On The millionaires club
Posted 30 August 2021, 2:48 p.m. Suggest removal
KapunkleUp says...
I thought this was supposed to be a humor column?!
On A COMIC'S VIEW: Coalition chaos - and a prayer for Sawyer Boy
Posted 29 August 2021, 10:52 a.m. Suggest removal
KapunkleUp says...
Minnis needs an election NOW because the government is broke. The new government (FNM or PLP) will need to go to the IMF, bowl in hand, and beg for another massive loan. Obviously they will get but with austerity strings attached. This means higher taxes, new taxes and cutbacks. Politician's reasoning is to do it right at the beginning of a new term and have 5 years to sweet talk us before election comes again.
On PM coy on reasons for early election: 'I think as we progress you would see'
Posted 28 August 2021, 9:57 a.m. Suggest removal