Maybe its time they found a foundation that's more stable. We cannot plan for generations immemorial to depend on cruise ships to sell made in china tshirts to
I dont have any issue with how it looks, Its a grand structure and I think its beautiful, though I havent been in the area lately to see a paint job. (I hope it doesn't look like the effort at beautifying the straw market). But more important than beauty is function, does it function adequately for what it was created for? If all it is is beautiful its useless... unless "beauty" was its function
"*get our debt levels back to 50 percent of GDP or even lower in the medium-term”*"
when was the last time we were at 50% debt to GDP? This is exactly why Moodys said what they did. We just say stuff based off nothing. I was hearing we were at 100% debt to GDP from back in the Christie administration when they were reporting 80% or so using "creative" accounting to mask the true state.. and this was well before Dorian, well before COVID. Poor Matthew get blamed for everything.
We could fool ourselves all the time but we cant fool Moodys none of the time
"*And so you look at it, do you leave that in the ground and leave it there or do you seek to complete it and monetise it and make it an income generator?*"
**Wrong question. The question should be "*what did 27 million build**? Is it 100% junk? 75% junk? 50% junk? How much of the 31m is being used to redo work we already paid for? If we build on top of it will we lose the entire 60 million investment in 20yrs? Does it make more sense "\*strategically\*" to start over? Or was it built so well that that 27m foundation will be good for 100 years?" Noone has answered those questions yet
Just a bunch of aimless *well, we cant stop now*. Yes we can. **Its never too late to halt nonsense**
**As to income generator**. Well, the national stadium has never paid for itself. But **if you believe it, show us the plan**, show us how much it will cost annually to
- maintain the grass,
- pay the electricity,
- clean the premises,
- maintain the light fixtures,
- paint,
- repair part on the scoreboard the jumbotrons,
- maintain the sewer system
- etc etc...
THEN **show us how youll cover those costs and generate revenue above it**. Im not saying its impossible, Im saying give us more than I guess, I hope, I believe and I think
"*There are things that we need to do right, so if you take a closer look at this report it talks about the areas where a country should ready themselves for emergencies and outbreaks and those are in certain broad categories. Like being able to prevent it, detect it, respond quickly, have a robust health system and being able to implement norms and have capacity and financing for such things. *"
How much money did we dump into the ministry of Disaster? Didnt Iram Lewis just tell us that we were prepared for every type of disaster possible?
Sadly we not only continue to repeat the mistakes of yesterday we double down on them. As long as our approach to appointing leadership is based on having 2 good men and 37 or so hapless seat fillers some who can't even read or comprehend, we will get the same result. We need to approach leadership in this country like we sending bahamians to represent us on the board of the US Federal Reserve or NASA or Microsoft. We just interested in optics and its failed us every time.
Look at this baseball stadium, look at Dubai nothing getting done with at minimum a 20 year strategy in mind. "*We spend 27 million so we cant stop*". What's that? Of course we can stop, if the 27 million built a shaky foundation why continue to build on top of it? Noone to date has even attempted to give us a realistic objective quality assessment of this 27 million structure, all we get is "we cant stop now" and some reference to nonexistent intl games and some tournaments this year that playing at **other** complexes. The families een sleeping in the stadium and the teams een paying to participate.
I think the govt has doing some very bad economic modelling. And Im no economist. But it appears thst they calculate these tax revenues assuming everything else stays the same and that the very act of taxing doesnt affect behaviour. Businesses may leave the country or decide to close up shop, consumers may buy less, some may decide property ownership is not affordable. Just take the FNM's VAT increase and all their lofty projections, the response was almost immediate, customs duty revenue dropped. They didnt model for that
We'd better start engaging the ingenuity of Bahamian people and protecting their ideas from the boardroom and door and gate keeper thieves. The answer is growth, is it easy, no. But it starts with inclusion, trust and protecting business ideas.
"*Sun captain Jasmine Thomas said: “Jonquel is the best player in the world, so of course I’m happy she’s back with the Sun. She’s the core of our organisation, and she’s an incredible teammate and person.*"
I wish her paycheque reflected that. Its pretty good, 200k per year but compared to what the men get... But ... recognition is priceless.
"*so you have to be careful what you say in public. Let’s focus on the positive and what we can do, no matter the level of confidence.*"
If you believe any investor is going to spend millions of dollars based on what "WE" have to say, not having had a look at the dismal state of the place, the stats on crime, the stats on the overpaid undereducated populace, the high cost of power, the failing infrastructure. If you think thats a secret and they won't know if we dont talk it... I have a waterfront property to sell you in the new "Young Professionals" Prospect Ridge Subdivision. Newsflash, the first people they checking is Moodys. And you know what Moodys say... basically, "we over optimistimistic, what we say een worth a hill of beans".
If someone ask you to invest in their beautiful building in South Beach whats the first thing you gonna do?
ThisIsOurs says...
Here we go again. In 5 years we'll be shocked at the terms of this agreement and the amount and quality of work exchanged for it
On Rejected Post Office PPP may be revived
Posted 9 February 2022, 3:27 p.m. Suggest removal
ThisIsOurs says...
Maybe its time they found a foundation that's more stable. We cannot plan for generations immemorial to depend on cruise ships to sell made in china tshirts to
On ‘Humanitarian crisis’ fear over cruise ships’ arrest
Posted 7 February 2022, 8:36 p.m. Suggest removal
ThisIsOurs says...
2027 seems like a nice date. It has a 7 in it.
On COVID delays hit target for accounting system
Posted 5 February 2022, 4:11 p.m. Suggest removal
ThisIsOurs says...
I dont have any issue with how it looks, Its a grand structure and I think its beautiful, though I havent been in the area lately to see a paint job. (I hope it doesn't look like the effort at beautifying the straw market). But more important than beauty is function, does it function adequately for what it was created for? If all it is is beautiful its useless... unless "beauty" was its function
On Halkitis defends extra stadium investment
Posted 5 February 2022, 10:15 a.m. Suggest removal
ThisIsOurs says...
"*get our debt levels back to 50 percent of GDP or even lower in the medium-term”*"
when was the last time we were at 50% debt to GDP? This is exactly why Moodys said what they did. We just say stuff based off nothing. I was hearing we were at 100% debt to GDP from back in the Christie administration when they were reporting 80% or so using "creative" accounting to mask the true state.. and this was well before Dorian, well before COVID. Poor Matthew get blamed for everything.
We could fool ourselves all the time but we cant fool Moodys none of the time
On Minister concedes $1.3bn revenue jump ‘optimistic’
Posted 5 February 2022, 3:15 a.m. Suggest removal
ThisIsOurs says...
"*And so you look at it, do you leave that in the ground and leave it there or do you seek to complete it and monetise it and make it an income generator?*"
**Wrong question. The question should be "*what did 27 million build**? Is it 100% junk? 75% junk? 50% junk? How much of the 31m is being used to redo work we already paid for? If we build on top of it will we lose the entire 60 million investment in 20yrs? Does it make more sense "\*strategically\*" to start over? Or was it built so well that that 27m foundation will be good for 100 years?" Noone has answered those questions yet
Just a bunch of aimless *well, we cant stop now*. Yes we can. **Its never too late to halt nonsense**
**As to income generator**. Well, the national stadium has never paid for itself. But **if you believe it, show us the plan**, show us how much it will cost annually to
- maintain the grass,
- pay the electricity,
- clean the premises,
- maintain the light fixtures,
- paint,
- repair part on the scoreboard the jumbotrons,
- maintain the sewer system
- etc etc...
THEN **show us how youll cover those costs and generate revenue above it**. Im not saying its impossible, Im saying give us more than I guess, I hope, I believe and I think
On Halkitis defends extra stadium investment
Posted 4 February 2022, 8:14 p.m. Suggest removal
ThisIsOurs says...
"*There are things that we need to do right, so if you take a closer look at this report it talks about the areas where a country should ready themselves for emergencies and outbreaks and those are in certain broad categories. Like being able to prevent it, detect it, respond quickly, have a robust health system and being able to implement norms and have capacity and financing for such things. *"
How much money did we dump into the ministry of Disaster? Didnt Iram Lewis just tell us that we were prepared for every type of disaster possible?
Sadly we not only continue to repeat the mistakes of yesterday we double down on them. As long as our approach to appointing leadership is based on having 2 good men and 37 or so hapless seat fillers some who can't even read or comprehend, we will get the same result. We need to approach leadership in this country like we sending bahamians to represent us on the board of the US Federal Reserve or NASA or Microsoft. We just interested in optics and its failed us every time.
Look at this baseball stadium, look at Dubai nothing getting done with at minimum a 20 year strategy in mind. "*We spend 27 million so we cant stop*". What's that? Of course we can stop, if the 27 million built a shaky foundation why continue to build on top of it? Noone to date has even attempted to give us a realistic objective quality assessment of this 27 million structure, all we get is "we cant stop now" and some reference to nonexistent intl games and some tournaments this year that playing at **other** complexes. The families een sleeping in the stadium and the teams een paying to participate.
On Drop in COVID cases - but nation not ready for future epidemics
Posted 4 February 2022, 6:19 a.m. Suggest removal
ThisIsOurs says...
I think the govt has doing some very bad economic modelling. And Im no economist. But it appears thst they calculate these tax revenues assuming everything else stays the same and that the very act of taxing doesnt affect behaviour. Businesses may leave the country or decide to close up shop, consumers may buy less, some may decide property ownership is not affordable. Just take the FNM's VAT increase and all their lofty projections, the response was almost immediate, customs duty revenue dropped. They didnt model for that
We'd better start engaging the ingenuity of Bahamian people and protecting their ideas from the boardroom and door and gate keeper thieves. The answer is growth, is it easy, no. But it starts with inclusion, trust and protecting business ideas.
On Revenue’s $1.3bn increase ‘will not be easy to achieve’
Posted 4 February 2022, 6:01 a.m. Suggest removal
ThisIsOurs says...
"*Sun captain Jasmine Thomas said: “Jonquel is the best player in the world, so of course I’m happy she’s back with the Sun. She’s the core of our organisation, and she’s an incredible teammate and person.*"
I wish her paycheque reflected that. Its pretty good, 200k per year but compared to what the men get... But ... recognition is priceless.
On ‘JJ’ cans season high 28pts
Posted 3 February 2022, 7:59 p.m. Suggest removal
ThisIsOurs says...
"*so you have to be careful what you say in public. Let’s focus on the positive and what we can do, no matter the level of confidence.*"
If you believe any investor is going to spend millions of dollars based on what "WE" have to say, not having had a look at the dismal state of the place, the stats on crime, the stats on the overpaid undereducated populace, the high cost of power, the failing infrastructure. If you think thats a secret and they won't know if we dont talk it... I have a waterfront property to sell you in the new "Young Professionals" Prospect Ridge Subdivision. Newsflash, the first people they checking is Moodys. And you know what Moodys say... basically, "we over optimistimistic, what we say een worth a hill of beans".
If someone ask you to invest in their beautiful building in South Beach whats the first thing you gonna do?
On Chamber chief: ‘Don’t get sidetracked’ over investor confidence
Posted 3 February 2022, 7:53 p.m. Suggest removal