Lord das one ooogly lookin' short stumpy pudgy fella. Y'all sure he one o' us cuss he sure look darker d'an most o' us Bahamians? He' be even darker d'an da blackist nite wit' no moon duran' BPL outich, an' y'all duss know how dark dat duss be! He bessy wear one d'em white China bug doctor mask at nite so he head don't disappear. Udder'wise he gonna scare some ole' lady ta death.
NIB is now being run like a rogue bank without a license to make loans that have absolutely nothing at all to do with its investment activities. NIB was never meant to be another bankrupt entity in need of government (taxpayer) support like Bank of The Bahamas! Brensil Rolle and all of the members of NIB's board and senior excutive team should hang their heads in shame for their role in the unlawful activites now going on at NIB. The Bahamian workers and their employers who have paid many thousands of dollars to NIB over the years to keep their accounts current will demand these culprits be held fully accountable for their wrong doing when they find out there is nada in the piggy bank for them to start collecting their much needed retirement and other benefits.
I have a better idea Mr. Christie. Why don't you and your fellow realtors slash the ridiculously high commission rates currently being charged on property transactions and related services? Might I suggest a reasonable maximum commssion rate of 3% on all property transactions for instance. There's only one reason realtors like you are begging the government to reduce its taxes on property transactions. And that's so that more money can be left on the table at the time of closing on property transactions to pay your ridiculously high commission rate of 6% or more. Just stop groveling for tax breaks from government knowing that doing so only raises the taxes levied on the rest of us Bahamian taxpayers. As for Sir Snake's wishes, well let's just say that it's common knowledge how greedy that 'all-for-baby' scoundrel is through his greasing of the right political party at the right time in order to facilitate his very grabbodacious political influence peddling.
You just can't believe a word coming out of the mouth of either Sands or Minnis. They have both time and time again deceived the people on so many matters.
> Speaking on the matter yesterday, Mr Rolle said: “We’ve taken the position that we’re going to negotiate with these companies. We’re going to reach out to them and have agreements signed with them, but the critical point is our clients, our customers will not be disadvantaged because our company did not pay.
>“NIB has the capacity to go after these big companies and we will… but what we want to do is make sure that persons who need the funds can get it and we’ll do the back leg work to talk to these big companies who have not been up to date in their contributions.
What's being done here is against the law and every director and senior executive team member involved should be sued by employers and their participant employees whose accounts with NIB are up to date.
NIB has absolutely no authority under the law to make benefit payments to delinquent participant employees on the basis of negotiated de facto loans to their delinquent employers. NIB has no such loan making authority and its directors and executive team members are in breach of their fiduciary duties. Monies received by NIB in trust for credit to the fully paid up accounts of participant employers and their employers cannot be used by NIB for the purpose of creating loans for the account of delinquent employers so that their delinquent employees may receive benefits.
The 'loan' agreements that NIB enters into with delinquent employers (borrowers) are tantamount to the robbing of the fully paid up Peters to wrongfully pay benefits to the delinquent Pauls. And given that many, if not most, of the illegal negotiated de facto loans will never by repaid by the delinquent employers (borrowers) bringing their NIB accounts up to date, these illegal loans are in substance the facilitation of the out right theft of funds by way of wrongful benefit payments to the delinquent employees of the delinquent employers; funds that should have been kept held in trust.
One can only begin to imagine the extent of the corruption and fraud going on here, as authorised by the directors and senior executive team members of NIB who are all culpable by their own admission to the public. I smell some major lawsuits down the road against certain persons, and possibly the government itself, for having failed to take delinquent employers to court and instead wrongfully granting them fraudulent loans knowing full well, at the time of their negotiation, that the loans would never be repaid.
One thing is for sure.....Sands, like Minnis, has totally lost the trust of the Bahamian people in his ability to help reduce the very great risks associated with this health crisis. He's been behind the eight ball from day one and continues to lose ground.
Can we now finally get rid of Marlon Johnson now that there's no revenue coming into the government's coffers? Government doing away with Johnson's salary and benefits alone should greatly help feed many destitute mouths of the unemplyed during the darkest hours ahead of our country.
Is John Rolle still letting illegal aliens in the Bahamas send millions and millions of dollars of hard U.S. currency back to their families in Haiti and Jamaica at a time when the level of our country's foreign currency reserves is under great pressure?
Well_mudda_take_sic says...
Lord das one ooogly lookin' short stumpy pudgy fella. Y'all sure he one o' us cuss he sure look darker d'an most o' us Bahamians? He' be even darker d'an da blackist nite wit' no moon duran' BPL outich, an' y'all duss know how dark dat duss be! He bessy wear one d'em white China bug doctor mask at nite so he head don't disappear. Udder'wise he gonna scare some ole' lady ta death.
On ‘Govt is not responding to struggling Bahamians’
Posted 15 April 2020, 6:48 p.m. Suggest removal
Well_mudda_take_sic says...
P.S.
NIB is now being run like a rogue bank without a license to make loans that have absolutely nothing at all to do with its investment activities. NIB was never meant to be another bankrupt entity in need of government (taxpayer) support like Bank of The Bahamas! Brensil Rolle and all of the members of NIB's board and senior excutive team should hang their heads in shame for their role in the unlawful activites now going on at NIB. The Bahamian workers and their employers who have paid many thousands of dollars to NIB over the years to keep their accounts current will demand these culprits be held fully accountable for their wrong doing when they find out there is nada in the piggy bank for them to start collecting their much needed retirement and other benefits.
On 30,000 apply for NIB assistance
Posted 15 April 2020, 12:19 p.m. Suggest removal
Well_mudda_take_sic says...
The IMF is no different than Moody's, IDB, etc. All very full of it !!
On Take IMF’s 6.7% growth forecast ‘with grain of salt’
Posted 15 April 2020, 12:13 p.m. Suggest removal
Well_mudda_take_sic says...
I have a better idea Mr. Christie. Why don't you and your fellow realtors slash the ridiculously high commission rates currently being charged on property transactions and related services? Might I suggest a reasonable maximum commssion rate of 3% on all property transactions for instance. There's only one reason realtors like you are begging the government to reduce its taxes on property transactions. And that's so that more money can be left on the table at the time of closing on property transactions to pay your ridiculously high commission rate of 6% or more. Just stop groveling for tax breaks from government knowing that doing so only raises the taxes levied on the rest of us Bahamian taxpayers. As for Sir Snake's wishes, well let's just say that it's common knowledge how greedy that 'all-for-baby' scoundrel is through his greasing of the right political party at the right time in order to facilitate his very grabbodacious political influence peddling.
On Realtors look for tax cuts
Posted 15 April 2020, 12:02 p.m. Suggest removal
Well_mudda_take_sic says...
Let's just hope it wasn't carrying version 2.0 of the Red China Virus.
On San Salvador’s satellite scare
Posted 15 April 2020, 11:46 a.m. Suggest removal
Well_mudda_take_sic says...
You just can't believe a word coming out of the mouth of either Sands or Minnis. They have both time and time again deceived the people on so many matters.
On ‘We didn’t threaten doctors’
Posted 15 April 2020, 11:44 a.m. Suggest removal
Well_mudda_take_sic says...
> Speaking on the matter yesterday, Mr Rolle said: “We’ve taken the position that we’re going to negotiate with these companies. We’re going to reach out to them and have agreements signed with them, but the critical point is our clients, our customers will not be disadvantaged because our company did not pay.
>“NIB has the capacity to go after these big companies and we will… but what we want to do is make sure that persons who need the funds can get it and we’ll do the back leg work to talk to these big companies who have not been up to date in their contributions.
What's being done here is against the law and every director and senior executive team member involved should be sued by employers and their participant employees whose accounts with NIB are up to date.
NIB has absolutely no authority under the law to make benefit payments to delinquent participant employees on the basis of negotiated de facto loans to their delinquent employers. NIB has no such loan making authority and its directors and executive team members are in breach of their fiduciary duties. Monies received by NIB in trust for credit to the fully paid up accounts of participant employers and their employers cannot be used by NIB for the purpose of creating loans for the account of delinquent employers so that their delinquent employees may receive benefits.
The 'loan' agreements that NIB enters into with delinquent employers (borrowers) are tantamount to the robbing of the fully paid up Peters to wrongfully pay benefits to the delinquent Pauls. And given that many, if not most, of the illegal negotiated de facto loans will never by repaid by the delinquent employers (borrowers) bringing their NIB accounts up to date, these illegal loans are in substance the facilitation of the out right theft of funds by way of wrongful benefit payments to the delinquent employees of the delinquent employers; funds that should have been kept held in trust.
One can only begin to imagine the extent of the corruption and fraud going on here, as authorised by the directors and senior executive team members of NIB who are all culpable by their own admission to the public. I smell some major lawsuits down the road against certain persons, and possibly the government itself, for having failed to take delinquent employers to court and instead wrongfully granting them fraudulent loans knowing full well, at the time of their negotiation, that the loans would never be repaid.
On 30,000 apply for NIB assistance
Posted 15 April 2020, 11:32 a.m. Suggest removal
Well_mudda_take_sic says...
One thing is for sure.....Sands, like Minnis, has totally lost the trust of the Bahamian people in his ability to help reduce the very great risks associated with this health crisis. He's been behind the eight ball from day one and continues to lose ground.
On Dr Sands looking to improve testing options
Posted 15 April 2020, 6:40 a.m. Suggest removal
Well_mudda_take_sic says...
Can we now finally get rid of Marlon Johnson now that there's no revenue coming into the government's coffers? Government doing away with Johnson's salary and benefits alone should greatly help feed many destitute mouths of the unemplyed during the darkest hours ahead of our country.
On First $60m tax credit approvals this week
Posted 14 April 2020, 3:43 p.m. Suggest removal
Well_mudda_take_sic says...
Is John Rolle still letting illegal aliens in the Bahamas send millions and millions of dollars of hard U.S. currency back to their families in Haiti and Jamaica at a time when the level of our country's foreign currency reserves is under great pressure?
On Foreign reserves not behind curb on fund transfers
Posted 14 April 2020, 3:35 p.m. Suggest removal