Davis welcomes this news, as now he has an excuse for why our fiscal state will be in worse shambles than it is now, due specifically to corruption, waste, fraud, and continued wanton and excessive borrowing.
Yes, you are correct. The only surprising thing to me is how seemingly educated people don't see this, refuse to see tRump as the true person he is. He is not to be trusted, by anyone. He has screwed far too many who have worked for him and with him. Does character just not count for anything anymore? Is that why some would still vote PLP or Republican. We seem to have lost our morals.
The ultimate level of reasoning in a country that cannot provide the parenting, the education, the nutrition, the political and spiritual guidance necessary to raise a generation of people who have decency and respect for others. The future is staring us in the face.
You mean like having Price Control go into shops to make sure they don't charge too much, but allowing Colina to make as much as they want on the backs of their customers? Something like that? Or no-bid contracts for health clinics, mooring projects and road works? Things like that? Or, just realizing that most MPs are not educated enough to really understand how the world works and what is best for their constituents? That nearly all PLPs are out for their own riches and are headed for hell?
I think this administration sees the writing on the wall for The Bahamas. They realize that this country is so far in debt, so corrupt, and so uneducated that there really is no hope for the future. Therefore, the Prime Minister is leading the way for every one of his cronies to take as much as they can from the Bahamian people, the IDB, and anyone else foolish enough to make loans and investments, as quickly as they can, before they get caught. The list is far too long of egregious "errors" for it to be chance. There is a deliberate and premeditated effort to steal as much as possible from the Bahamian people. Do we know who the high ranking government official is involved in the drugs and guns scandal? Someone still in power and who hasn't changed his/her spots.
"Significant downside risks" Akin to having sex without a condom and hoping for the best. These PLPs have no shame. They will strip this country bare and leave nothing for anyone else.
Most all politicians merely do the bidding for the rich, or their dirty work. Here in this country, who really runs things? Billionaires run the world. What more needs discussing? Davis, Wilson and Halkitis are useful idiots who have sold-out The Bahamas. They know this is true. That is why they are taking as much as they can for themselves as quickly as they can. A global depression, whereby billions of people suffer and die has no concern to the rich class. The billionaire class is happy to be able to buy assets for pennies on the dollar. When all bounces back, they will have a greater market share of the world's economy. Don't you think that the US knows what this PLP administration has been up to, and how many hundreds of millions of dollars they have stolen from the Bahamian people? If you don't think so, go back to school. Trump is being allowed to do what he is doing because it benefits the world's richest few people. Those people control the levers of all governments, all industry, all armaments, all police and military, all media. Who among us cannot see this? Remember Divide & Conquer. They are happy to see the US enter a civil war, and for there to be chaos, which we call governance here in The Bahamas. Really think there is that much difference between PLP and FNM once they get in? These guys were all raised here. They are products of our educational system, our culture, our families, our politics. How are we really going to output something different? Garbage in - garbage out. Those in the PLP are simply the worst of our educated class. No honesty, no integrity, no morals. Merely a desire to be as greedy as possible.
"Previous Ministry of Finance reports revealed that, at end-June 2023, the same four ‘sinking funds’ held a total $378.6m in total assets, of which some $141.3m were covered by the February 2022 repurchase agreement with the Goldman Sachs. That saw the Government pledge more than $200m worth of assets as collateral security for a foreign currency cash advance from the investment bank."
What are the assets pledged as collateral? Why isn't this stated in the article?
Porcupine says...
Yes. Couldn't agree more.
On FNM slams PM’s flip on drug case
Posted 16 April 2025, 8:24 p.m. Suggest removal
Porcupine says...
Agree 100%
On FNM slams PM’s flip on drug case
Posted 16 April 2025, 8:22 p.m. Suggest removal
Porcupine says...
Davis welcomes this news, as now he has an excuse for why our fiscal state will be in worse shambles than it is now, due specifically to corruption, waste, fraud, and continued wanton and excessive borrowing.
On PM ‘won’t sugarcoat’ peril on Trump tariffs
Posted 11 April 2025, 1:45 p.m. Suggest removal
Porcupine says...
Yes, you are correct. The only surprising thing to me is how seemingly educated people don't see this, refuse to see tRump as the true person he is. He is not to be trusted, by anyone. He has screwed far too many who have worked for him and with him. Does character just not count for anything anymore? Is that why some would still vote PLP or Republican. We seem to have lost our morals.
On PM ‘won’t sugarcoat’ peril on Trump tariffs
Posted 11 April 2025, 1:43 p.m. Suggest removal
Porcupine says...
The ultimate level of reasoning in a country that cannot provide the parenting, the education, the nutrition, the political and spiritual guidance necessary to raise a generation of people who have decency and respect for others.
The future is staring us in the face.
On Have visitors wear camera, say police
Posted 11 April 2025, 1:37 p.m. Suggest removal
Porcupine says...
You mean like having Price Control go into shops to make sure they don't charge too much, but allowing Colina to make as much as they want on the backs of their customers? Something like that? Or no-bid contracts for health clinics, mooring projects and road works? Things like that?
Or, just realizing that most MPs are not educated enough to really understand how the world works and what is best for their constituents? That nearly all PLPs are out for their own riches and are headed for hell?
On CCA urged to pay up $1.7bn
Posted 10 April 2025, 9:07 a.m. Suggest removal
Porcupine says...
I think this administration sees the writing on the wall for The Bahamas.
They realize that this country is so far in debt, so corrupt, and so uneducated that there really is no hope for the future. Therefore, the Prime Minister is leading the way for every one of his cronies to take as much as they can from the Bahamian people, the IDB, and anyone else foolish enough to make loans and investments, as quickly as they can, before they get caught.
The list is far too long of egregious "errors" for it to be chance. There is a deliberate and premeditated effort to steal as much as possible from the Bahamian people.
Do we know who the high ranking government official is involved in the drugs and guns scandal?
Someone still in power and who hasn't changed his/her spots.
On Story on Bahamas Striping contract ‘doesn’t add up’
Posted 10 April 2025, 8:39 a.m. Suggest removal
Porcupine says...
"Significant downside risks"
Akin to having sex without a condom and hoping for the best.
These PLPs have no shame. They will strip this country bare and leave nothing for anyone else.
On ‘Significant downside risks’ as deficit hits $400m mark
Posted 8 April 2025, 12:29 p.m. Suggest removal
Porcupine says...
Most all politicians merely do the bidding for the rich, or their dirty work. Here in this country, who really runs things?
Billionaires run the world. What more needs discussing? Davis, Wilson and Halkitis are useful idiots who have sold-out The Bahamas. They know this is true. That is why they are taking as much as they can for themselves as quickly as they can. A global depression, whereby billions of people suffer and die has no concern to the rich class. The billionaire class is happy to be able to buy assets for pennies on the dollar. When all bounces back, they will have a greater market share of the world's economy.
Don't you think that the US knows what this PLP administration has been up to, and how many hundreds of millions of dollars they have stolen from the Bahamian people? If you don't think so, go back to school.
Trump is being allowed to do what he is doing because it benefits the world's richest few people. Those people control the levers of all governments, all industry, all armaments, all police and military, all media. Who among us cannot see this?
Remember Divide & Conquer. They are happy to see the US enter a civil war, and for there to be chaos, which we call governance here in The Bahamas. Really think there is that much difference between PLP and FNM once they get in? These guys were all raised here. They are products of our educational system, our culture, our families, our politics. How are we really going to output something different? Garbage in - garbage out.
Those in the PLP are simply the worst of our educated class. No honesty, no integrity, no morals. Merely a desire to be as greedy as possible.
On Halkitis: Trade war fallout a bigger concern than 10 percent US tariffs
Posted 5 April 2025, 1:54 p.m. Suggest removal
Porcupine says...
"Previous Ministry of Finance reports revealed that, at end-June 2023, the same four ‘sinking funds’ held a total $378.6m in total assets, of which some $141.3m were covered by the February 2022 repurchase agreement with the Goldman Sachs. That saw the Government pledge more than $200m worth of assets as collateral security for a foreign currency cash advance from the investment bank."
What are the assets pledged as collateral?
Why isn't this stated in the article?
On Gov’t uses $161.5m of bond reserves to finance current debt
Posted 5 April 2025, 1:31 p.m. Suggest removal