Unfortunately a lot of money is going to be thrown at certain businesses based on political patronage; businesses that were doomed to failure even before the Red China Virus came along. That's the traditional Minnis and Turnquest way of doling out candy money that will increase our national debt.
Cooper......Oh if only there wasn't a code of professional conduct constraint on me and my former firm preventing me from saying a whole hell of a lot more about him.
Financial help should only be given to small and medium sized businesses with (1) a well established track record, (2) the most employees, and (3) the greatest chance of weathering the Red China Virus crisis. Otherwise this is just more money pissed away by government - money we don't have!
Let's just all hope and pray Minnis is not behind the curtain picking who should get what based on how well he perceives them to be kissing his butt.
> John Rolle, the Central Bank governor, told Tribune Business yesterday: “I know that if it is one branch of government that would be focused on sustainability it would be the Ministry of Finance, because we work very closely with them on the fiscal projections and, particularly right now, in trying to determine what the Government can provide.”
John Rolle and Peter Turnquest are not the brightest crayons in the Bahamian box of crayons. These two are slightly brighter than James Smith and that's a most worrisome thought right now. Sadly, we have very few bright Bahamians today who are well trained economists steeped in diplomacy at the global level and who also enjoy statesmanship-like standing on the world stage.
The WHO has become beholden to Red China and is basically at war with the US, as is the UN in many respects these days even though the US bears the greatest share of the UN's operating costs. But the US has now wisened up to what has been going on for the past two decades. More to the point though, persons who already have difficulty breathing because of a pre-existing conditon will find it almost impossible to breath with a N-95 mask or its equivalent. These masks require fairly strong lungs to faciltate breathing through them in a way that maintains vital oxygen supply for the body. And sadly, it's people with pre-existing breathing problems who are the most vulnerable to dying from the Red China Virus.
You obviously don't fully appreciate the simple fact that national insurance deductions from the pay of an employee do not belong to the employer, but rather represent funds to be held temporarily by the employer as a fiduciary agent for the employee until such time that the funds are due to be remitted to NIB.
Not paying NIB should result in an employer's business being closed if it means the business is technically bankrupt and its employees are unwilling to take a pay cut to keep the business afloat.
Not paying NIB contributions is the equivalent of an employer secretly cutting the pay of its employees without their consent and in violation of the law. That's outright inexcusable theft that the employer cannot justify by saying it had to steal from the employees without their knowledge and consent in order to keep them employed. The end never justifies the means when it comes to blatant theft. Theft is theft no matter how much red lipstick you try put on that very ugly pig.
Well_mudda_take_sic says...
Unfortunately a lot of money is going to be thrown at certain businesses based on political patronage; businesses that were doomed to failure even before the Red China Virus came along. That's the traditional Minnis and Turnquest way of doling out candy money that will increase our national debt.
On DPM: 'Govt running as fast as we can'
Posted 31 March 2020, 4:18 p.m. Suggest removal
Well_mudda_take_sic says...
Notice how quiet he is about the inventory levels in his warehouse that are needed for re-stocking his food stores.
On Super Value chief eyes overtime ease via new measures
Posted 31 March 2020, 4:12 p.m. Suggest removal
Well_mudda_take_sic says...
The answer to you last question: The likes of King Sebas Bastian.
On Fusion NIB problems add to staff worries
Posted 31 March 2020, 4:08 p.m. Suggest removal
Well_mudda_take_sic says...
Cooper......Oh if only there wasn't a code of professional conduct constraint on me and my former firm preventing me from saying a whole hell of a lot more about him.
On Opposition calls for $2bn in borrowing
Posted 31 March 2020, 4 p.m. Suggest removal
Well_mudda_take_sic says...
Financial help should only be given to small and medium sized businesses with (1) a well established track record, (2) the most employees, and (3) the greatest chance of weathering the Red China Virus crisis. Otherwise this is just more money pissed away by government - money we don't have!
Let's just all hope and pray Minnis is not behind the curtain picking who should get what based on how well he perceives them to be kissing his butt.
On Applicants seek nearly 75% of small firms aid
Posted 31 March 2020, 3:50 p.m. Suggest removal
Well_mudda_take_sic says...
> John Rolle, the Central Bank governor, told Tribune Business yesterday: “I know that if it is one branch of government that would be focused on sustainability it would be the Ministry of Finance, because we work very closely with them on the fiscal projections and, particularly right now, in trying to determine what the Government can provide.”
John Rolle and Peter Turnquest are not the brightest crayons in the Bahamian box of crayons. These two are slightly brighter than James Smith and that's a most worrisome thought right now. Sadly, we have very few bright Bahamians today who are well trained economists steeped in diplomacy at the global level and who also enjoy statesmanship-like standing on the world stage.
On Bahamas must 'keep economic patient alive'
Posted 31 March 2020, 3:40 p.m. Suggest removal
Well_mudda_take_sic says...
Know what ya mean, but you're clearly better at it than me.
On 109 people living in church arrested
Posted 31 March 2020, 3:27 p.m. Suggest removal
Well_mudda_take_sic says...
The WHO has become beholden to Red China and is basically at war with the US, as is the UN in many respects these days even though the US bears the greatest share of the UN's operating costs. But the US has now wisened up to what has been going on for the past two decades. More to the point though, persons who already have difficulty breathing because of a pre-existing conditon will find it almost impossible to breath with a N-95 mask or its equivalent. These masks require fairly strong lungs to faciltate breathing through them in a way that maintains vital oxygen supply for the body. And sadly, it's people with pre-existing breathing problems who are the most vulnerable to dying from the Red China Virus.
On Shoppers must play by crisis rulebook
Posted 31 March 2020, 3:18 p.m. Suggest removal
Well_mudda_take_sic says...
Good example. Thanks.
On Shoppers must play by crisis rulebook
Posted 31 March 2020, 3:04 p.m. Suggest removal
Well_mudda_take_sic says...
You obviously don't fully appreciate the simple fact that national insurance deductions from the pay of an employee do not belong to the employer, but rather represent funds to be held temporarily by the employer as a fiduciary agent for the employee until such time that the funds are due to be remitted to NIB.
Not paying NIB should result in an employer's business being closed if it means the business is technically bankrupt and its employees are unwilling to take a pay cut to keep the business afloat.
Not paying NIB contributions is the equivalent of an employer secretly cutting the pay of its employees without their consent and in violation of the law. That's outright inexcusable theft that the employer cannot justify by saying it had to steal from the employees without their knowledge and consent in order to keep them employed. The end never justifies the means when it comes to blatant theft. Theft is theft no matter how much red lipstick you try put on that very ugly pig.
On Fusion NIB problems add to staff worries
Posted 31 March 2020, 2:56 p.m. Suggest removal