Comment history

Porcupine says...

Sorry, but the onus is on you hysippus, not Mr. Allen. He has presented the reality in the stats above. Check them out for yourself, before critiquing what is obvious to anyone with the knowledge base needed to understand this issue. Mr. Allen has presented the evidence above. Short, sweet, and to the point.
There is room for debate, but not prior to understanding what he has said, which it appears you do not.

Porcupine says...

Mr. Turnquest, Minister of Finance says

'We are not going to sugar coat the realities we face, as they have factored heavily on our decisions. We are going to be clear about our priorities, and what I can say about that, at this time, is that we will make proper provisions to protect the health and safety of Bahamians and residents and to provide sufficient social support. We will do what we must to stabilise the domestic economy, to maximise employment and to transform this crisis into opportunity for our future recovery.”

There will likely be no "recovery" in our lifetimes. What is it, dear reader, didn't you understand about these statements by our MOF? The IMF will assure us that democracy is over in this country. Study Greece, among others. Each political party has come to power by continuing to engorge an already bloated and horribly inefficient public sector. This will come to an end. Painfully, we should add.
Turnquest and Minnis are washing their hands of this. They are out of their depth, with neither the financial, nor intellectual resources to help us at all.
There are nuggets of truth in what is being said, with the hope that few will understand. Why? Because The Bahamas is in for a radical and painful adjustment in our way of life.
We have not saved, planned, nor educated ourselves for times like this.
Those who have "done well", know no other way. We are a pirate nation, sucking as much as we can off what has come our way. We have not developed the necessary skill sets and ethics needed to nurture our whole country. We have been as selfishly slavish to the holy dollar as can be imagined. Our shortcomings and short sightedness will have untold consequences for our children. Minnis and Turnquest already have their foreign bank accounts and second homes abroad. You can bank on that.

On Ex-minister fears 100% debt/GDP

Posted 26 May 2020, 6:12 a.m. Suggest removal

Porcupine says...

Do we shed tears, cry for the past, or move on like mature educated adults?

On 'Park our pride and grow GDP'

Posted 26 May 2020, 5:57 a.m. Suggest removal

Porcupine says...

With all due respect, the new normal requires a departure of the old ways. By definition.
To suggest that we will thrive if only we had more growth, is asinine.
Everything points to the need for a steady state economy.
More localized, less dependent on the outside.
We can compare ourselves to Caymans disregarding that we have one of the highest FDIs and GDPs in the region here, the problem being how these incomes are taxed and distributed.
The only beauty in growth is that it masks the unequal distribution of the massive income streams that have been in existence for decades here.
The bottom line is this. The Bahamas will remain an attractive place to be for some time.
Globalization will be severely curtailed.
Our living world is collapsing. Of this, there is no doubt at all.
Our climate is changing quickly, whereby more storms of more intensity will be the new normal. Temperatures will continue to rise, causing mass migration and severe social disruption.
The very near future, if one pays any attention to the science, will continue to see seismic shifts in the ways of doing business.
It is likely that the measures needed to prevent the spread of Covid 19 and related viruses will continue for our lifetimes.
The existence of The Bahamas as a viable democratic nation is at risk. Our financial situation alone may thrust us into the hands of technocrats who will call the shots.
Our localized economy may suffer even more if we see the collapse of our marine resources, conch, crawfish and fish stocks, as well as, push many more thousands of Bahamians into poverty and starvation.
The money masters in this country now, those with few morals and even less Christian ways, will soon have even more control over our political process, and our economy. And further, due to their unscrupulous greed, they will be unable to relate to the growing number of truly suffering Bahamians which they directly helped impoverish. Our government, which has bowed down to the numbers bosses have put our banking system and entire financial future at great risk. At some point in the very near future, The Bahamas will need to start to produce things of value as an increasing percentage of our GDP. We will need to become much more food independent. We will need to adjust to a much diminished income stream and most importantly, learn to fairly distribute this income much, much more fairly in the future.
You can pay attention to the science, or to your bible, it doesn't matter. The idea that things will go back to the way they were is an indication of the neglect we have shown learning and education. Those who have done well in the past have no guarantee that they will succeed in the future.
When one sees multi billion dollar companies go belly up, does any Bahamian think that their intelligence trumps some of the world's best minds on business and other matters?
The world has changed. Our old economy, if one is to believe reality, has come to an end.

On 'Park our pride and grow GDP'

Posted 26 May 2020, 5:56 a.m. Suggest removal

Porcupine says...

It should be "assess" your finances.
I think everyone can access their finances.

Porcupine says...

What's wrong with speaking your mind and speaking the truth?

Porcupine says...

A young accounting student may not know much more than they are taught in school. Reading what is required, mentored by those who have shown the ability to please their teachers.
While these things are important, it is with a necessary naivete that one could address the need for personal responsibility, yet ignore, or be unaware of the structural issues at hand. Youth has its advantages, but wisdom and extended learning are not part of those advantages. The challenge is to confront a system that would have a hard working, honest and dedicated person still not make a living wage. While personal responsibility is a must, the global figures on poverty, homelessness and starvation indicate that there is much much more to the problem. If one is a so-called Christian, and still refuses to confront these issues they are not really Christian, are they? Further, to ignore the neo liberal Capitalist agenda, or being uneducated on it, is to valuer education for the job training premise alone. A true education, which is not taught in universities, has to do with the history of oppression which is advancing as we speak. If we stop at the cruelties of slavery, without intellectually examining the slavery we all now confront, we have not gained a bit in our so-called education. Nival, while your heart may be in the right place, the forces against you in becoming a true revolutionary leader are real and strong. Few escape those shackles. Few of us indeed.
I would suggest going to Youtube and watching every Martin Luther King Jr. speech you can find. And, then the related ones. You will then realize that we are all part of a society that cares little about people, and everything about greed, death and oppression of all kinds. Look around you. Where are our MLKs today? Now ask why.

Porcupine says...

Yup. Just like getting a letter from a doctor for a Covid certificate, so you can travel to the Family Islands. If you were going to contract this virus, isn't it likely that entering into a building where sick people are would increase your chances immeasurably? But hey, the doctor's in charge. I just thought you had to have some sense to get through medical school. Apparently not.

Porcupine says...

You are making more sense to me as time goes on Tal. Perhaps it is the never ending march to insanity that is seen in the methodology of controlling people. It is really not about health, it seems apparent it is about a power drunk people given the freedom to dictate stupidity. Let's face it. If we bought into the idea of facilitating social distancing by reducing store hours, we could then be manipulated into doing whatever else we are told without asking any questions. If not, wouldn't we have a freedom of information act and a true respect for transparency?