Repost - Dr. Minnis and KP are about to needlessly commit political suicide in their handling of the collective financial mess at BoB and Bahamas Resolve. All can see that the patient was brutally abused by the previous government and has been lying on the operating table quite dead for sometime now, notwithstanding very costly emergency treatment that was doomed to failure from the get go - including several blood transfusions from the taxpayer donors that simply bled out onto the floor. We, the people, supported Dr. Minnis becoming PM so that he could certify the time of BoB's death and sign its death certificate. We did not elect the new FNM government to foolishly continue trying to resuscitate a dead corpse at a ridiculously absurd cost for the family members who are barely able to make ends meet, i.e. we, the taxpayers. Get on with doing what you promised you would do Dr. Minnis, otherwise you will be the one to end up politically owning all of the inevitable horrendous losses associated with BoB and Bahamas Resolve. Just let the chips fall where they rightly politically belong - in Christie's lap and the lap of the PLP - because no matter what you do these unpleasant and very costly chips are going to fall in any event, and you certainly don't wish to take serious political pain that rightfully belongs as a part of Christie's despicable legacy.
Adjustments to pension benefit payments based on 'needs based testing' should apply to all defined benefit pension plans sponsored by the government. But in the case of government sponsored defined contribution plans, such adjustments should not apply to the portion of contributions paid in by employees plus income earned thereon in the plan.
Of course the unemployment rate dropped - just think of the many thousands of voters that the corrupt Christie-led PLP government put on the public payroll in the run up to the last general election! 'Vote buying' using the public payroll (a/k/a bribery or election fraud) was in full gear before the general election. Certain former PLP Ministers known to have been heavily engaged in this illegal practice during the six-month period ahead of the last general election should be held accountable and responsible for the abuse of their public office and the public trust. Taxpayers have already lost millions of dollars because of this criminal conduct on the part of certain former PLP Ministers and stand to lose millions more in the future as it will take time for the new government to 'undue' all of the costly job padding that was done throughout the civil service work force in an effort by the PLP to 'buy' the election using our tax dollars.
The sad part is that this leech James Smith, like so many others just like him, continues to collect multiple generous government pension and other benefits while greedily feeding off the taxpayers with lucrative government consulting contracts whenever "their" government is 'in power'. And, in the case of James Smith, he also gets handsomely rewarded by his FNM Greek paymaster who has over many years used him to gain political protection and limited influence whenever our country was run by a PLP government. By comparison, in the U.S. your social security and other benefits are reduced dollar for dollar above a certain amount of compensation if you elect to continue being gainfully employed in what would otherwise be your retirement years by either the government or the private sector. You can bet the greedy Smith made sure our country introduced no such policy while he was Minister of State for Finance. Yes, Smith is nothing but a very plump greedy leech, needlessly sucking daily from the public' purse while our public hospital (PMH) is plagued with a serious lack of financial resources!
Thanks to U.S foreign policy aimed at keeping Venezuela destabilized for the purpose of controlling the global supply of oil and keeping the price per barrel in a narrow trading range, Venezuela is now too unstable to be regarded as a reliable supplier. Most people do not know or appreciate that Venezuela has by far the largest proven reserves of oil in the world - more than Saudi Arabia. The U.S. did not like the idea of Venezuela being able to control its own oil resources with significant implications for the price of oil in the global markets. By keeping Venezuela destabilized, the U.S. government has achieved precisely what it set out to do years ago when it began its very hostile attitude towards the previous Chavez government and the Venezuelan people. Truly sad that the U.S. only ever thinks about its own selfish interests (actually the selfish interests of the top 0.1% of Americans that control the U.S. government), and could not care less about the interests of others. As a result young children and the elderly in Venezuela are today without food and essential medical supplies.
Whole heartedly agree that Deepak should have been given his walking papers a long time ago. This subservient idiot has already cost our country a small fortune under the corrupt Christie-led PLP government by simply doing his master's bidding without question or concern for the Bahamian people. And besides, there are way too many indigenous Bahamians who are more than qualified enough to do the job that he should be doing at BPL/BEC and elsewhere. The sooner Deepak is sent packing the better!
If privatization means transferring ownership to the Bahamian public and then raising the necessary capital to upgrade the system, with suitable protections against any one Bahamian or group of Bahamians (including brokerage houses) somehow acquiring a controlling stake or significantly influential interest, then fine, let's do it. But let's face it, our local capital markets probably can't pull this off. One thing is for sure though, we don't want foreign enterprises to own our country's electrical power generating plants and grid system. Just look at what's happened in Grand Bahama!
Munroe had hopes of obtaining great wealth as a PLP MP, but we, the people, rightfully shattered that dream of his. Give him credit though, he has quickly rebounded by seizing the opportunity to become filthy rich by representing the alleged criminals within the previous corrupt Christie-led PLP government. Who knows, he might soon end up representing Christie himself!
Dr. Sands, a quick word of advice: Get these unacceptable problems resolved pronto because even the loss of one life due to the existing deplorable hospital conditions is one life too many!
Reality_Check says...
Repost - Dr. Minnis and KP are about to needlessly commit political suicide in their handling of the collective financial mess at BoB and Bahamas Resolve. All can see that the patient was brutally abused by the previous government and has been lying on the operating table quite dead for sometime now, notwithstanding very costly emergency treatment that was doomed to failure from the get go - including several blood transfusions from the taxpayer donors that simply bled out onto the floor. We, the people, supported Dr. Minnis becoming PM so that he could certify the time of BoB's death and sign its death certificate. We did not elect the new FNM government to foolishly continue trying to resuscitate a dead corpse at a ridiculously absurd cost for the family members who are barely able to make ends meet, i.e. we, the taxpayers. Get on with doing what you promised you would do Dr. Minnis, otherwise you will be the one to end up politically owning all of the inevitable horrendous losses associated with BoB and Bahamas Resolve. Just let the chips fall where they rightly politically belong - in Christie's lap and the lap of the PLP - because no matter what you do these unpleasant and very costly chips are going to fall in any event, and you certainly don't wish to take serious political pain that rightfully belongs as a part of Christie's despicable legacy.
On More debt - the legacy of another bailout for Bank of the Bahamas
Posted 14 August 2017, 9:54 a.m. Suggest removal
Reality_Check says...
Adjustments to pension benefit payments based on 'needs based testing' should apply to all defined benefit pension plans sponsored by the government. But in the case of government sponsored defined contribution plans, such adjustments should not apply to the portion of contributions paid in by employees plus income earned thereon in the plan.
On More debt - the legacy of another bailout for Bank of the Bahamas
Posted 14 August 2017, 9:49 a.m. Suggest removal
Reality_Check says...
Of course the unemployment rate dropped - just think of the many thousands of voters that the corrupt Christie-led PLP government put on the public payroll in the run up to the last general election! 'Vote buying' using the public payroll (a/k/a bribery or election fraud) was in full gear before the general election. Certain former PLP Ministers known to have been heavily engaged in this illegal practice during the six-month period ahead of the last general election should be held accountable and responsible for the abuse of their public office and the public trust. Taxpayers have already lost millions of dollars because of this criminal conduct on the part of certain former PLP Ministers and stand to lose millions more in the future as it will take time for the new government to 'undue' all of the costly job padding that was done throughout the civil service work force in an effort by the PLP to 'buy' the election using our tax dollars.
On Unemployment under 10% for first time since recession
Posted 12 August 2017, 10:57 a.m. Suggest removal
Reality_Check says...
The sad part is that this leech James Smith, like so many others just like him, continues to collect multiple generous government pension and other benefits while greedily feeding off the taxpayers with lucrative government consulting contracts whenever "their" government is 'in power'. And, in the case of James Smith, he also gets handsomely rewarded by his FNM Greek paymaster who has over many years used him to gain political protection and limited influence whenever our country was run by a PLP government. By comparison, in the U.S. your social security and other benefits are reduced dollar for dollar above a certain amount of compensation if you elect to continue being gainfully employed in what would otherwise be your retirement years by either the government or the private sector. You can bet the greedy Smith made sure our country introduced no such policy while he was Minister of State for Finance. Yes, Smith is nothing but a very plump greedy leech, needlessly sucking daily from the public' purse while our public hospital (PMH) is plagued with a serious lack of financial resources!
On More debt - the legacy of another bailout for Bank of the Bahamas
Posted 11 August 2017, 7:20 p.m. Suggest removal
Reality_Check says...
Thanks to U.S foreign policy aimed at keeping Venezuela destabilized for the purpose of controlling the global supply of oil and keeping the price per barrel in a narrow trading range, Venezuela is now too unstable to be regarded as a reliable supplier. Most people do not know or appreciate that Venezuela has by far the largest proven reserves of oil in the world - more than Saudi Arabia. The U.S. did not like the idea of Venezuela being able to control its own oil resources with significant implications for the price of oil in the global markets. By keeping Venezuela destabilized, the U.S. government has achieved precisely what it set out to do years ago when it began its very hostile attitude towards the previous Chavez government and the Venezuelan people. Truly sad that the U.S. only ever thinks about its own selfish interests (actually the selfish interests of the top 0.1% of Americans that control the U.S. government), and could not care less about the interests of others. As a result young children and the elderly in Venezuela are today without food and essential medical supplies.
On BPL boss details strategy to drive down consumer bills
Posted 11 August 2017, 11:37 a.m. Suggest removal
Reality_Check says...
Whole heartedly agree that Deepak should have been given his walking papers a long time ago. This subservient idiot has already cost our country a small fortune under the corrupt Christie-led PLP government by simply doing his master's bidding without question or concern for the Bahamian people. And besides, there are way too many indigenous Bahamians who are more than qualified enough to do the job that he should be doing at BPL/BEC and elsewhere. The sooner Deepak is sent packing the better!
On BPL chief’s comments ‘an insult to every Bahamian’
Posted 11 August 2017, 11:10 a.m. Suggest removal
Reality_Check says...
If privatization means transferring ownership to the Bahamian public and then raising the necessary capital to upgrade the system, with suitable protections against any one Bahamian or group of Bahamians (including brokerage houses) somehow acquiring a controlling stake or significantly influential interest, then fine, let's do it. But let's face it, our local capital markets probably can't pull this off. One thing is for sure though, we don't want foreign enterprises to own our country's electrical power generating plants and grid system. Just look at what's happened in Grand Bahama!
On BPL boss insists it’s getting better
Posted 11 August 2017, 9:49 a.m. Suggest removal
Reality_Check says...
It seems The Tribune writer changed the above story in response to your comments. That's a first, and quite alarming!
On Govt should phase out cash-based accounting to reveal true numbers
Posted 10 August 2017, 4:03 p.m. Suggest removal
Reality_Check says...
Munroe had hopes of obtaining great wealth as a PLP MP, but we, the people, rightfully shattered that dream of his. Give him credit though, he has quickly rebounded by seizing the opportunity to become filthy rich by representing the alleged criminals within the previous corrupt Christie-led PLP government. Who knows, he might soon end up representing Christie himself!
On Munroe sets deadline over Dion Smith arrest
Posted 10 August 2017, 1:01 p.m. Suggest removal
Reality_Check says...
Dr. Sands, a quick word of advice: Get these unacceptable problems resolved pronto because even the loss of one life due to the existing deplorable hospital conditions is one life too many!
On Beds crisis leaves sick in hallways
Posted 10 August 2017, 11:48 a.m. Suggest removal