as long as we have this 'consolidated fund' system where all money is collected then disbursed at the whim and fancy of the government of the day, we can never spend responsibly since there is no corelation between expenditure and revenue in terms of value for money... e.g. every year since independence, succesive administrations have thrown millions at Bahamasair and paid for every aircraft acquired on top of that to the extent that this one entity alone is responsible for 10% of the $6.0 billion national debt. there is no sign of or hope that this,will ever change. is it responsible to throw the people's money away like this? so where is the hope for debt reduction and fiscal prudence making decisions like this and many more, year after year.
Mitchell is a fascist. He believes 3rd world genius politicians like him have the right to rule over us idiots who aren't genius politicians without question. He finds it absurd anyone would dare to challenge that principle, hence his attitude toward this whole mess. Then to add insult to injury, this ruling came from a foreign judge.. I guess we will need to now consider a Bahamas Supreme Court to ensure that we can control all ruling made so that they are always to our liking,,,.
Big government is bad news.. let the market dictate events.. Workers have rights and tools to use, but so do employers. It can't be one-sided. Make a decision, take action and if your tactics fail, suck it up, accept that you screwed up and move on.
Surely Sumner realizes how xenophobic we Bahamians are.. We risk nothing and desperately rely on tourists and foreign investors so that we are no different than Haiti, yet you would not know it by the attitude of workers and some government officials.. I think the writing is on the wall and if we continue in this vein, the outcome is obvious...
Grant had his time. The era of MPs for life needs to come to an end. Whatever he and others like him have to contribute has either happened or never will. Farewell, thanks for your PAID service and good luck in your future ventures..
Still a lot about this that is foggy... Notice that there is no mention of who will operate the place.. Does this mean they just dudn't want to say or it is a wish with no buyer yet identified? Despite pledging that local contractors would be made whole 100%, notice the words 'significant part and possibly all' and further down 'some of their outstanding claims'. Doesn't sound like 100% to me. Finally, government used $22 mil + due to Sarkis for the road work to par those displaced workers. Now that they will receive their outstanding payments from the Chinese, will they pay back the taxpayers? While this whole situation now seems to be moving again, it appears there remains many questions and much yet to be done.
doesn't matter what place the contract says disputes would be litigated... Sarkis formed companies in the US related to Bahamar and still could not use that system to his advantage when he needed it... can you rely on anything these days? i'm not so sure...
the union, one of the last bastions of socialism has outlived its usefulness... thet have operated like highway robbers constantly extorting money from employers under threat of collective withdrawal of their services.. this is the 21st century, a new world order. sooner these folks accept this reality, sooner this country starts to move.. dominican republic, haiti. all doing better. shame on us...
payment of graft is an institutionalized and accepted practice in our political system. indeed how many times have we heard the expression 'its our time now'. the only wrong is to be caught. good thing we are a christian nation otherwise imagine how corrupt we would really be.
Socrates says...
as long as we have this 'consolidated fund' system where all money is collected then disbursed at the whim and fancy of the government of the day, we can never spend responsibly since there is no corelation between expenditure and revenue in terms of value for money... e.g. every year since independence, succesive administrations have thrown millions at Bahamasair and paid for every aircraft acquired on top of that to the extent that this one entity alone is responsible for 10% of the $6.0 billion national debt. there is no sign of or hope that this,will ever change. is it responsible to throw the people's money away like this? so where is the hope for debt reduction and fiscal prudence making decisions like this and many more, year after year.
On Moody’s downgrades the Bahamas’ credit rating
Posted 23 August 2016, 11:35 a.m. Suggest removal
Socrates says...
Mitchell is a fascist. He believes 3rd world genius politicians like him have the right to rule over us idiots who aren't genius politicians without question. He finds it absurd anyone would dare to challenge that principle, hence his attitude toward this whole mess. Then to add insult to injury, this ruling came from a foreign judge.. I guess we will need to now consider a Bahamas Supreme Court to ensure that we can control all ruling made so that they are always to our liking,,,.
On How free is parliament - a case for the Privy Council
Posted 23 August 2016, 4:22 a.m. Suggest removal
Socrates says...
Big government is bad news.. let the market dictate events.. Workers have rights and tools to use, but so do employers. It can't be one-sided. Make a decision, take action and if your tactics fail, suck it up, accept that you screwed up and move on.
On Sandals critics ‘can’t have cake and eat it’
Posted 23 August 2016, 4:09 a.m. Suggest removal
Socrates says...
Surely Sumner realizes how xenophobic we Bahamians are.. We risk nothing and desperately rely on tourists and foreign investors so that we are no different than Haiti, yet you would not know it by the attitude of workers and some government officials.. I think the writing is on the wall and if we continue in this vein, the outcome is obvious...
On Chamber chief: Don’t vilify foreign investors
Posted 23 August 2016, 4:03 a.m. Suggest removal
Socrates says...
Grant had his time. The era of MPs for life needs to come to an end. Whatever he and others like him have to contribute has either happened or never will. Farewell, thanks for your PAID service and good luck in your future ventures..
On Neko Grant confirms he will not seek re-election
Posted 23 August 2016, 3:55 a.m. Suggest removal
Socrates says...
Still a lot about this that is foggy... Notice that there is no mention of who will operate the place.. Does this mean they just dudn't want to say or it is a wish with no buyer yet identified? Despite pledging that local contractors would be made whole 100%, notice the words 'significant part and possibly all' and further down 'some of their outstanding claims'. Doesn't sound like 100% to me. Finally, government used $22 mil + due to Sarkis for the road work to par those displaced workers. Now that they will receive their outstanding payments from the Chinese, will they pay back the taxpayers? While this whole situation now seems to be moving again, it appears there remains many questions and much yet to be done.
On Prime Minister's statement on Baha Mar agreement in full
Posted 23 August 2016, 3:49 a.m. Suggest removal
Socrates says...
doesn't matter what place the contract says disputes would be litigated... Sarkis formed companies in the US related to Bahamar and still could not use that system to his advantage when he needed it... can you rely on anything these days? i'm not so sure...
On CCA slammed with fresh $555k Baha Mar demand
Posted 22 August 2016, 11:52 a.m. Suggest removal
Socrates says...
i'm surprised that an intellectual like Sears doesn't accept that the Bahamas is still very undeveloped politically and allegiances are still tribal..
On Sears shrugs off MP support for PM
Posted 22 August 2016, 11:46 a.m. Suggest removal
Socrates says...
the union, one of the last bastions of socialism has outlived its usefulness... thet have operated like highway robbers constantly extorting money from employers under threat of collective withdrawal of their services.. this is the 21st century, a new world order. sooner these folks accept this reality, sooner this country starts to move.. dominican republic, haiti. all doing better. shame on us...
On Martin: Sandals move ‘a slap in the face’
Posted 18 August 2016, 6:06 p.m. Suggest removal
Socrates says...
payment of graft is an institutionalized and accepted practice in our political system. indeed how many times have we heard the expression 'its our time now'. the only wrong is to be caught. good thing we are a christian nation otherwise imagine how corrupt we would really be.
On IAN FERGUSON: Corruption in business
Posted 16 August 2016, 10:06 a.m. Suggest removal