Why would they need a further 25-30M to re-open it if it is already open and the union lady says it won't close?
Don't renovate jack. Work with what you have - increase the entertainment portion to give tourists something to talk about - and use profits to renovate whenever the profits come. If no profits come - then don't renovate.
Buy it back from those Chinese and chase those crazy bald heads out of town, as our prophet told us to do (Robert Nester).
Voltaire - then maybe we need a referendum to adopt Haiti's Constitution as our own. Then we can do what the Haitian government would do if a large group of Bahamians went down there and tried to do what the Haitians are doing here.
No Bahamians have done this - because they have better sense, and know that such foolishness would not be tolerated by the Haitian government.
Let's make the Haitian Constitution our own - then maybe we can be a Bahamas that is owned and run by Bahamians.
Tal - why don't you petition government to increase the employee contribution portion of NIB by 10 percentage points? from 3.4 up to 13.4? They can use the extra 10% from everybody's salaries to pay all the bills and livings expenses of people of Haitian descent. We can pay their light bills, and buy uniforms for the kids to attend our free public schools, and if there are too many seats filled at the govt clinic, we can use some of the money on those mornings, to taxi some of them over to a private clinic and pay the private doctor bills for them. We can also pay our defense forces to station 3 of our large RBDF ships in the southern seas and await the approach of a sloop and offer them a free ride to Nassau. The officers can photograph the persons and take their names and date of birth etc and send that info by satellite internet to Nassau and the Passport office can print their spanking new passports and have one of their officers meet the ship at the base on arrival and hand out the passports as they debark. Then fuel up, turn around, and head south to pick up the next group. I'm sure more and more sloops will be there waiting over time as the word gets out. Let's bring in like 2 million between now and Christmas. There are 12 million down there, so that will leave us some to bring in next year. In the meantime, we can send the police around to just start going to Bahamian homes and shooting Bahamians dead and let the undertakers cart them off, leaving the homes vacant and available for these new Bahamian passport holders. Sounds like a good plan? Would you and Fred be happy with that?
KP - you have made a big mistake borrowing $20M from the IDB before the first VAT dollar from the new 12% rate has been deposited to the Treasury. 12% VAT just started on July 1st, so obviously nobody has paid that yet to the government. Yet, you guys feel it is OK to borrow MORE money, the excuse for which the higher rate was made.
stop borrowing. You are turning supporters against you.. Bahamians are peaceful people, and pay their taxes (generally) and there have been no marches or other kick-up against this tax in any organized way. That is a blessing.
However, I am sure the patience of Bahamian people while feeding their children corned beef - is not infinite. Their patience will run out. They will eventually start to wonder why if you getting all this money from us every month - that you still have to borrow more.
And if you have to borrow more - then doesn't that mean that your calculation of 12% was wrong - in that it does not bring in enough money? Or that your reduction on some duty rates was near sighted? Or that your removal of VAT on breadbasket items was nearsighted? Or that your removal of VAT on BPL bills below $200 was nearsighted?
STOP the foreign borrowing. People are getting very very tired of it. Borrow from NIB - we don't want to see the letters IDB or IMF or RBC anymore.
TheMadHatter says...
All i know is they haven't got the first deposit in the Treasury from the new 12% VAT and they already start borrowing from IDB.
When they go on them European trip they mussy get ALL kinda hospitalities. :-)
On Central Bank missed $2bn liquidity head-off
Posted 1 August 2018, 2:48 p.m. Suggest removal
TheMadHatter says...
https://www.rt.com/news/434784-south-af…
On NO GOING BACK: Bethel rejects Smith plea to postpone demolition deadline
Posted 1 August 2018, 12:58 p.m. Suggest removal
TheMadHatter says...
"...the days of a “free lunch” were over when it came to healthcare, especially for Bahamians who can afford to pay..."
Yes. Especially Bahamians. The free lunch will continue for dem udda set.
On Fees revolution to help fund $50m health deficit
Posted 1 August 2018, 10:41 a.m. Suggest removal
TheMadHatter says...
In other words, these slaves ain't pickin cotton fast enough at $5.25/hour - time to crack the whip.
On 'Nothing but great benefits' for output gap
Posted 1 August 2018, 9:28 a.m. Suggest removal
TheMadHatter says...
I myself try to avoid the corner of Wulff Road and Market Street at 3am. But, heck, what do I know? I'm just a mad hatter.
There be couple nexx corners I dis avoid in Nassau at 3am. I could list them, but I don't wann make everybody parri.
On Two men injured in drive-by shooting
Posted 31 July 2018, 5:13 p.m. Suggest removal
TheMadHatter says...
Why would they need a further 25-30M to re-open it if it is already open and the union lady says it won't close?
Don't renovate jack. Work with what you have - increase the entertainment portion to give tourists something to talk about - and use profits to renovate whenever the profits come. If no profits come - then don't renovate.
Buy it back from those Chinese and chase those crazy bald heads out of town, as our prophet told us to do (Robert Nester).
On Govt buying Grand Lucayan?: 'No fear'
Posted 31 July 2018, 5:10 p.m. Suggest removal
TheMadHatter says...
Dangerous drugs ... LOL
On 20 arrests in Grand Bahama
Posted 31 July 2018, 5:04 p.m. Suggest removal
TheMadHatter says...
Voltaire - then maybe we need a referendum to adopt Haiti's Constitution as our own. Then we can do what the Haitian government would do if a large group of Bahamians went down there and tried to do what the Haitians are doing here.
No Bahamians have done this - because they have better sense, and know that such foolishness would not be tolerated by the Haitian government.
Let's make the Haitian Constitution our own - then maybe we can be a Bahamas that is owned and run by Bahamians.
On NO GOING BACK: Bethel rejects Smith plea to postpone demolition deadline
Posted 31 July 2018, 3:58 p.m. Suggest removal
TheMadHatter says...
Tal - why don't you petition government to increase the employee contribution portion of NIB by 10 percentage points? from 3.4 up to 13.4? They can use the extra 10% from everybody's salaries to pay all the bills and livings expenses of people of Haitian descent. We can pay their light bills, and buy uniforms for the kids to attend our free public schools, and if there are too many seats filled at the govt clinic, we can use some of the money on those mornings, to taxi some of them over to a private clinic and pay the private doctor bills for them. We can also pay our defense forces to station 3 of our large RBDF ships in the southern seas and await the approach of a sloop and offer them a free ride to Nassau. The officers can photograph the persons and take their names and date of birth etc and send that info by satellite internet to Nassau and the Passport office can print their spanking new passports and have one of their officers meet the ship at the base on arrival and hand out the passports as they debark.
Then fuel up, turn around, and head south to pick up the next group. I'm sure more and more sloops will be there waiting over time as the word gets out. Let's bring in like 2 million between now and Christmas. There are 12 million down there, so that will leave us some to bring in next year.
In the meantime, we can send the police around to just start going to Bahamian homes and shooting Bahamians dead and let the undertakers cart them off, leaving the homes vacant and available for these new Bahamian passport holders.
Sounds like a good plan? Would you and Fred be happy with that?
On NO GOING BACK: Bethel rejects Smith plea to postpone demolition deadline
Posted 31 July 2018, 1:40 p.m. Suggest removal
TheMadHatter says...
KP - you have made a big mistake borrowing $20M from the IDB before the first VAT dollar from the new 12% rate has been deposited to the Treasury. 12% VAT just started on July 1st, so obviously nobody has paid that yet to the government. Yet, you guys feel it is OK to borrow MORE money, the excuse for which the higher rate was made.
stop borrowing. You are turning supporters against you.. Bahamians are peaceful people, and pay their taxes (generally) and there have been no marches or other kick-up against this tax in any organized way. That is a blessing.
However, I am sure the patience of Bahamian people while feeding their children corned beef - is not infinite. Their patience will run out. They will eventually start to wonder why if you getting all this money from us every month - that you still have to borrow more.
And if you have to borrow more - then doesn't that mean that your calculation of 12% was wrong - in that it does not bring in enough money? Or that your reduction on some duty rates was near sighted? Or that your removal of VAT on breadbasket items was nearsighted? Or that your removal of VAT on BPL bills below $200 was nearsighted?
STOP the foreign borrowing. People are getting very very tired of it. Borrow from NIB - we don't want to see the letters IDB or IMF or RBC anymore.
On Jobless - we still need to do more
Posted 31 July 2018, 1:28 p.m. Suggest removal