Comment history

The_Oracle says...

Yes, as the economist says, Without actual fiscal responsibility and real freedom of information,
they will only kill the Chicken faster while eating the last eggs.
Non the less, real property taxes on Bahamian owned across the board and income and Capital gains are coming per trade agreements and WTO/ World Bank/IMF coercion.

The_Oracle says...

The real question is, will they recoup their Investment via normal profits?
Or are they probing for a surcharge on Kwh? Again, over what period of time?
Being that the poles that fell this time were the last of the 50+ year olds not replaced post Frances, Jean and Wilma, it really should be on the books as capital improvement.

On GB Power: Consumers to pay $25m storm cost

Posted 15 November 2016, 3:32 p.m. Suggest removal

The_Oracle says...

And so who should pay for it K.Peter? I should not have to remind you that ALL operating costs including repairs and renewals come from operating income in ALL Private sector businesses.
The restricting factor would be competition, as one "store" could not increase its prices if its competitors do not.
Only the Government can operate at a continuous and ever increasing loss!
You know better, stop pandering, and enact legislation to make them "compete" with Solar.

On GB Power: Consumers to pay $25m storm cost

Posted 15 November 2016, 1:49 p.m. Suggest removal

The_Oracle says...

"Competitiveness Council?" Frigging back benchers competing for Stipends is about it!
If Christie was a "short Order Chef", we'd all starve waiting for food!
Ease of Business here is far worse than the World Bank could possibly assess given their short visits and the people they are steered to.
Garbage replete with flies.

The_Oracle says...

Won't raise the level, it will eliminate the bottom feeders we have been getting.
(along with a few bona fides, granted)
But they "know the right people" right?
Every action has an intended consequence, something our Governments are brilliant at.
Then you have the actual consequences, which they never thought about.
For every action there is an equal and opposite reaction.
Elect idiots, end up as we are.
Elect thieves, treasury is empty.

On Govt raises permanent residency mark to $1m

Posted 11 November 2016, 4:13 p.m. Suggest removal

The_Oracle says...

If 80% of your countrymen are Compromised, crooked or under either the PLP or FNM
tables collecting their scraps,
Straight Bahamians, if even interested in getting involved in politics or the Civil service could not fix anything.

The_Oracle says...

So the Ambassador is over there playing "entrepreneur" on the taxpayers dime?
How many shares of the "100 Bahamian" companies would he have to be given?
Or Mr. Grey? Or any and all of them?

The_Oracle says...

Sovereignty? You must be Joking! Government is allowed to play by their own internal rules, even though they make a mockery of them, internationally we are so bound over PGC can see the back of his head past his backside!
Economic sovereignty when we are 100% dependent on imports?
Our $$ is artificially pegged to the U.S. $?
Our fisheries to be turned over to the Chinese?
Our tourism vaporizing but still dependent on the people of other countries?
Our Police force and Defense force dependent on the donations and generosity of the U.S.?
(And China apparently, for grenades and other essential ?? )
Our Banking system owned by the Canadians?

On FNM deputy fears for economic sovereignty

Posted 3 November 2016, 4:40 p.m. Suggest removal

The_Oracle says...

Destroy the private sector and indeed you reduce the revenue for Government to waste,
However, the politicians care not whether they sit atop gold or dung,
They already have their gold, and will share the dung amongst themselves.
The people will keep getting nowhere, satisfied with nothing.

The_Oracle says...

Remember the Hobby shop that was in Palmdale, back in the 60's?
Closed because every body else started selling toys. Licensing criteria is not enforced,
licenses are handed to political cronies, other are denied,
Just a small example of "our ways"