Fuel hedging can be a godsend if you get the right price. Given where prices are now, if you didn’t already have a set price, it’s too late. The Idiotic comment suggesting it helps big hotels and the rich is unbelievable. Low electricity costs benefit the entire community. Everyone knows costs in this country are out of control with LA prices for Port au Prince quality and services.
The roundabout as a traffic control feature is a failure in the Bahamas because most drivers don’t understand how to use them. I can’t say how many cars I have seen T-boned because the driver in the left lane turned right on the roundabout. People, the left lane goes left or straight and the right lane straight or right. Another reason it fails is because only the entry with little traffic approaching from its right moves. If you have heavy traffic from the right (like Gladstone joining JFK), it’s very hard to enter roundabout. Traffic lights properly timed for the traffic volume is the only way for ALL sides to get equal access.
Isn't it ironic that the very people who have the power to unmask the gutless use of sick leave as a poorly disguised mafioso extortion tactic, complain about it instead of doing something about it. All these decades of socialist labour handouts have us where we are. Thank the colonialists for that.
Given the current debt level and budget deficit, i doubt meeting makes any difference. In fact the strategy of former Minister of Finance Turnquest to address the debt level as i recall was to stop having lunch when the House meets.. so there you have it.
I really dobt understand the fuss about the money paid to the former Managing Director.. $150k for such a position is probably below market rates in this country. Housekeepers at Atlant8s take home over $50k p.a. all in for heaven's sake.
Price control is a disincentive to competition and helps nobody.. look at the gas stations and banks.. all over town nut it really makes little difference where you go.. its a failed socialist idea..
How does a project that was approved not be funded? How do you run 100%+ over budget? Minister talks about scholarships. For the 2-3 people who might get a break that way, you would be better off to just give them the money.. it wouldn’t come to $58 million. It’s just more evidence in case it’s needed, why 3rd world countries are 3rd world countries.
Socrates says...
One question.. whats the point?
On ‘A republic? That’s up to Bahamians’
Posted 3 April 2022, 11:23 a.m. Suggest removal
Socrates says...
Just looking for an excuse for a handout..
On Royal ‘slap in the face’ to Rastafarians
Posted 26 March 2022, 9:23 a.m. Suggest removal
Socrates says...
Fuel hedging can be a godsend if you get the right price. Given where prices are now, if you didn’t already have a set price, it’s too late. The Idiotic comment suggesting it helps big hotels and the rich is unbelievable. Low electricity costs benefit the entire community. Everyone knows costs in this country are out of control with LA prices for Port au Prince quality and services.
On Fears of $205m hit in BPL fuel hedge woe
Posted 6 March 2022, 9:49 a.m. Suggest removal
Socrates says...
The roundabout as a traffic control feature is a failure in the Bahamas because most drivers don’t understand how to use them. I can’t say how many cars I have seen T-boned because the driver in the left lane turned right on the roundabout. People, the left lane goes left or straight and the right lane straight or right. Another reason it fails is because only the entry with little traffic approaching from its right moves. If you have heavy traffic from the right (like Gladstone joining JFK), it’s very hard to enter roundabout. Traffic lights properly timed for the traffic volume is the only way for ALL sides to get equal access.
On Gladstone Road conversion to highway will be a ‘significant’ cost to taxpayers
Posted 6 March 2022, 9:25 a.m. Suggest removal
Socrates says...
Isn't it ironic that the very people who have the power to unmask the gutless use of sick leave as a poorly disguised mafioso extortion tactic, complain about it instead of doing something about it. All these decades of socialist labour handouts have us where we are. Thank the colonialists for that.
On Finance officers’ sickout may affect staff payouts
Posted 22 February 2022, 9:25 p.m. Suggest removal
Socrates says...
Given the current debt level and budget deficit, i doubt meeting makes any difference. In fact the strategy of former Minister of Finance Turnquest to address the debt level as i recall was to stop having lunch when the House meets.. so there you have it.
On Mid-year budget to miss deadline after House suspension
Posted 22 February 2022, 9:11 p.m. Suggest removal
Socrates says...
I really dobt understand the fuss about the money paid to the former Managing Director.. $150k for such a position is probably below market rates in this country. Housekeepers at Atlant8s take home over $50k p.a. all in for heaven's sake.
On Disaster chair: No one ‘deliberately negligent’
Posted 17 February 2022, 3:02 p.m. Suggest removal
Socrates says...
Price control is a disincentive to competition and helps nobody.. look at the gas stations and banks.. all over town nut it really makes little difference where you go.. its a failed socialist idea..
On Price controls useless to fight ‘staggering’ inflation
Posted 12 February 2022, 2:43 p.m. Suggest removal
Socrates says...
How does a project that was approved not be funded? How do you run 100%+ over budget? Minister talks about scholarships. For the 2-3 people who might get a break that way, you would be better off to just give them the money.. it wouldn’t come to $58 million. It’s just more evidence in case it’s needed, why 3rd world countries are 3rd world countries.
On Halkitis defends extra stadium investment
Posted 6 February 2022, 6:24 p.m. Suggest removal
Socrates says...
I wonder if she stop to rhink that when thwy call back it might be tp tell those workers bye?
On CIBC walkout in bid to force bank to address staff issues
Posted 3 January 2022, 3:28 p.m. Suggest removal