Instead of grinding it out...it is agreed that the national debt has to be slowed or halted.
What is unacceptable is that the same Shadow Finance persons who were in Official Opposition are the people now who are blaming the other side.
What is unacceptable is the now Finance persons blaming the others knowingly continued to pour tax payers funds, same dire crititical precious funds into BoB....when everyone and their mother pointed out the shortcomings including 100 millipn to start Resolve for assets worth almost 80 million dollars less.
What is unacceptable is the fact that huge wastages of taxpayers money has been poired into ventures like the 9 millon dollar waste water treatment plant now at some 19 million and unfinisjed, plus other projects wasting money....sheer incpmpetance, slackness....and we the people must pay more taxes and ....noone..punished ????
Why tax people more when it will be wasted....incompetance....slackness....trick talk about the economy turning the corner...while Roc wid Doc, bringing relief to the pore...ova da hill...Doc Sands wants to get people healthy......others are simply not following the program and yuckkin up people vexation showing dem up in bad light..!!!!!!
It brings comfort to his nation that the Prime Minister of the Commonwealth of the Bahamas meets with the families of the deceased.
This is a natonal cathostrophe, where on a National holiday celebrating workers so many trajically died and manj injured.
This is a most hurtful time that so many celebrating Workers in the Financial Services Industry which is the second largest sector trajically died and many injured.
This is a most hurtful time where so many belonging to one banks workers have trajically perished and many injured.
This is a most hurtful tome where so many workers belonging to a nations Financial Services Labour Unoon have ever trajically lost their lives and so many injured.
This is a most hurtful time for so many workers affiliated and a part of the international labour community worldwide to have perished and many injured in a recent internationally recognised workers labour event...
This is most hurtful to many Bahamians whose lives have been touched by the countless numbers of Bahamian and foreign customers who lives have been touched by these Financial Services professionals, wonderful, darn hardworking, get the problems customers have resolved, friendly, professional, helpful, highly skilled, backbone of the Banking sector.
This is a most hurtful time for their families, friends, many organizations, communities and others whose lives are touched.
Heart breaking grief that a nation lost so much by so many.
Election Campaign finance laws are needed. Parliamentarians need to keep their political contributers happy.......the 10 to perhsps 25 million it takes to run a political party campaign needs to be looked at .......it is no secret that the poor cannot contribute the millions to buy chicken wing an bake macaroni. It is common semse there is political payback.....
VAT is a consumer tax and given the majority are the PORE some up to 50,000 below poverty line some 5,000.....some 1 in 8 goes to bed hungry.....mmany slightly above the poverty line clinging to family members who can hhelp to help.....pore first needs money to buy.....some reduction in food tax is good....but pore dont only need food alone......
Absolutely incredible none of the govt agencies have been put up for sale. bob, bec, bahamasair etcetc to ease the burden the ppre have to carry on their backs, noone ever flund guilty of wasting money - and public now sympathetic to the few fellas dey dragging back and forth to court...back an forth....an back an forth again...and yet more back an forth.....might as well just stop wasting time an let them go..justice delayed is justice denied....
confucius .....say ... "in a country well governed, poverty is something to be ashamed of, in a country badly governed, wealth is something to be ashamed of"
Not easy to say or comment....I know them...it is a national trajedy....everyone is hurting... Of course the law will take its course...and the facts will come out by competant authorities and be lablelled for what it is.
This is a trajedy.....a most sad time in our nation....that in the celebration of the Workers of the nation all who toil in nation building that this trajedy should happen.
The Driver of the vehicle would be going through the worst ever pain and suffering....that for one brief moment ...and brief unintended...lapse in judgement..which everyone goes through sometime...a what if?....he too needs help....from the story it seems certain this was unintentional.....the driver needs our help.too.
at almost....all..of these money losing ...govt ..entities ...is ..a ..board of directors....who resign when the previois govt loses an election...and the new govt political party supporters are then appoimted chairman and others ......what does not happen is that irregularities?.gross mismamagement..victimization..unfair promotions ..political interferance ...favoiritism.....misallocation of agencus resources,....manpower to favour..contracts given to other suppprters....allocation of resources to get unscheduled projects done in certain areas..?to employ certain constituents.........political influence ...EtcRtcetc.......dey just ...resigns......and the next chairman and board of directors is appointed by the new incoming govt... made up of the usual accountants, lawyers, counterparts, colleagues, friends, of the previous BOD and its dey turn now.!!!!!!!....Get their people turn now....!!!!! that is why out of all these govt agencies ....... mp adrian gibson should have a statue made of him...he has the balls to stand up and ...earn his peoples salary...!!!!!!!
SIMPLE......on one side is the loan officer...?supervisor......and superior...Credit Risk Manager....?who is overlooked by the board of directors.........on the other side os the Mortgage loan aApplicant presenting a number of mathematical documents...cash flow, 2 years of statements, balamce sheet, web shop voucher
it is up to the bank to.. follow......established banking policies ....established......stress tests.....gearing ratios.....risk lending ratios .require other evidence..to ...ensure...successfull repayment..?or decline loan..,!!!!....simple and discard crap like shop voucher.
the mathematical evidence should be on file....it is also noteworthy that the Loan Applicant does not have as much mathematocal loan skills as the banker and also pays a bank fee for the successfull processing of the loan application...if a loan is given that was negligently given dpes not meet bank lending criteria....then the Bank is negligent and not acting with due care for the loan applicant...this is where a number of allegations have surfaces inyernationally -------- like sub prime loans ---loan officer fraud to meet sales target ---to win bank bonuses ---bribery to get loan approved ----political interefrance to get friend, family, connected loan approved --- launndering cash ---even middle east case where black magic was alleged ---and others.
in all cases banks have almost ironclad policies, means to assess...adjudicate....investigate....and commonly ......... ----deny loans.----..they have that right ....even....if everything looks perfect..but have the slightest doubt of irregularity... when these toxic loans are not repaid.....not only do the shareholders suffer....?but many others ...... The fact that noone has been held responsible, accountable .?in a situation involving hundreds of millions of dollars....is glaring....
the valuation of the loans in ..resolve ... was clearly ...pointed out by ...the former .? plp head of resolve ....james smith .....no less a former Central Bank Governor...and an international accounting firm....?.....further public announcents..?alarm...was also raised by ....Hon. Hubert Ingraham....former Prime Minister............for the government ....or individualsto have .?Continuef to ....throw .....taxpayers money?......to prop up a money losing enterprise ..?.where clearly the ....assets worth only 20 %....is unconscienciable....especially when Bahamians are suffering as never before.....who would..... overpay ..80%..... for.... any asset????????...$80,000,000. Dollars ???....even declare a few million dollars profit???....!!!
investigations are needed because.....in order to balance the books..... there.... must... be BOB account holders who have been squeezed illegally by...... other.bank errors not corrected ......victimized perhaps fraud commotted agsinst them....in efforts to bring as close.?oas possible...r ?balance the books ....common sense ..should indicate that this one glaring .?error.....did not lead to bob challenges....it would seen that .... apart..from...... from massive govt injections.....account holders may have been victimized by not having errors shortfalls corrected to balance the books.....this is not a one error causation !!!!!!!
how in the world...?..... can for the previous five (5) ?.....years can a oppodition party collrcting monthly salary, brnefits....representing the people sitting....across ....a three feet .(3) ...wide table...and having lawyers....other professionals including ...accountants..former shadow Finance Minister.?.now present ....finance minister........allow and....get dis now blaming dem..others in govt...across 3 foot wide table....same room.....fer gross inefficiencies..????????.and a bunch of other tings.....!!!!!...while they were all across the same three 3 feet wide table....together.....supposeddly.. looking.....out for the best interests of the bahamian people in .....running a nine (9) billion dollar economy...!!!!!!!!!!!!!!!........and in an environment of major global powers ...China and?.US...an EU..........
And despite full knowledge ...of what is going on....ministries losing millions, ..monies wasted....and nobody is punished....nottin change....they just gets voted out and ....those who sat at the same table. Did nuttin....now playing innocent ....an throwing all da blame on others .... serious revision of the governing system representation of the people needs to be looked at where huge messes are made and it takes ..?a next election to try and correct....if population lucky And .....now much worser.......only having four.....(4) opposition members ...paid to oppose and say...someting...against ....35 mmembers ...across the same three 3 feet wide table....?????.......the rest of the population .........less the ......same legislators........jus gettin goosied....time an time again....crazy talk bout the economy swing couple weeks ago...!!!
bogart says...
Instead of grinding it out...it is agreed that the national debt has to be slowed or halted.
What is unacceptable is that the same Shadow Finance persons who were in Official Opposition are the people now who are blaming the other side.
What is unacceptable is the now Finance persons blaming the others knowingly continued to pour tax payers funds, same dire crititical precious funds into BoB....when everyone and their mother pointed out the shortcomings including 100 millipn to start Resolve for assets worth almost 80 million dollars less.
What is unacceptable is the fact that huge wastages of taxpayers money has been poired into ventures like the 9 millon dollar waste water treatment plant now at some 19 million and unfinisjed, plus other projects wasting money....sheer incpmpetance, slackness....and we the people must pay more taxes and ....noone..punished ????
Why tax people more when it will be wasted....incompetance....slackness....trick talk about the economy turning the corner...while Roc wid Doc, bringing relief to the pore...ova da hill...Doc Sands wants to get people healthy......others are simply not following the program and yuckkin up people vexation showing dem up in bad light..!!!!!!
On 12% - now the backlash
Posted 4 June 2018, 6:46 p.m. Suggest removal
bogart says...
It brings comfort to his nation that the Prime Minister of the Commonwealth of the Bahamas meets with the families of the deceased.
This is a natonal cathostrophe, where on a National holiday celebrating workers so many trajically died and manj injured.
This is a most hurtful time that so many celebrating Workers in the Financial Services Industry which is the second largest sector trajically died and many injured.
This is a most hurtful time where so many belonging to one banks workers have trajically perished and many injured.
This is a most hurtful tome where so many workers belonging to a nations Financial Services Labour Unoon have ever trajically lost their lives and so many injured.
This is a most hurtful time for so many workers affiliated and a part of the international labour community worldwide to have perished and many injured in a recent internationally recognised workers labour event...
This is most hurtful to many Bahamians whose lives have been touched by the countless numbers of Bahamian and foreign customers who lives have been touched by these Financial Services professionals, wonderful, darn hardworking, get the problems customers have resolved, friendly, professional, helpful, highly skilled, backbone of the Banking sector.
This is a most hurtful time for their families, friends, many organizations, communities and others whose lives are touched.
Heart breaking grief that a nation lost so much by so many.
On Labour Day tragedy: PM plans to meet with victims’ families
Posted 4 June 2018, 12:14 p.m. Suggest removal
bogart says...
Election Campaign finance laws are needed. Parliamentarians need to keep their political contributers happy.......the 10 to perhsps 25 million it takes to run a political party campaign needs to be looked at .......it is no secret that the poor cannot contribute the millions to buy chicken wing an bake macaroni. It is common semse there is political payback.....
VAT is a consumer tax and given the majority are the PORE some up to 50,000 below poverty line some 5,000.....some 1 in 8 goes to bed hungry.....mmany slightly above the poverty line clinging to family members who can hhelp to help.....pore first needs money to buy.....some reduction in food tax is good....but pore dont only need food alone......
Absolutely incredible none of the govt agencies have been put up for sale. bob, bec, bahamasair etcetc to ease the burden the ppre have to carry on their backs, noone ever flund guilty of wasting money - and public now sympathetic to the few fellas dey dragging back and forth to court...back an forth....an back an forth again...and yet more back an forth.....might as well just stop wasting time an let them go..justice delayed is justice denied....
confucius .....say ...
"in a country well governed, poverty is something to be ashamed of,
in a country badly governed, wealth is something to be ashamed of"
On 12% - now the backlash
Posted 4 June 2018, 11:23 a.m. Suggest removal
bogart says...
Not easy to say or comment....I know them...it is a national trajedy....everyone is hurting...
Of course the law will take its course...and the facts will come out by competant authorities and be lablelled for what it is.
On Labour Day tragedy: PM gives national address (video)
Posted 3 June 2018, 9:57 a.m. Suggest removal
bogart says...
This is a trajedy.....a most sad time in our nation....that in the celebration of the Workers of the nation all who toil in nation building that this trajedy should happen.
The Driver of the vehicle would be going through the worst ever pain and suffering....that for one brief moment ...and brief unintended...lapse in judgement..which everyone goes through sometime...a what if?....he too needs help....from the story it seems certain this was unintentional.....the driver needs our help.too.
On Labour Day tragedy: PM gives national address (video)
Posted 3 June 2018, 8:42 a.m. Suggest removal
bogart says...
at almost....all..of these money losing ...govt ..entities ...is ..a ..board of directors....who resign when the previois govt loses an election...and the new govt political party supporters are then appoimted chairman and others ......what does not happen is that irregularities?.gross mismamagement..victimization..unfair promotions ..political interferance ...favoiritism.....misallocation of agencus resources,....manpower to favour..contracts given to other suppprters....allocation of resources to get unscheduled projects done in certain areas..?to employ certain constituents.........political influence ...EtcRtcetc.......dey just ...resigns......and the next chairman and board of directors is appointed by the new incoming govt... made up of the usual accountants, lawyers, counterparts, colleagues, friends, of the previous BOD and its dey turn now.!!!!!!!....Get their people turn now....!!!!! that is why out of all these govt agencies ....... mp adrian gibson should have a statue made of him...he has the balls to stand up and ...earn his peoples salary...!!!!!!!
On Just 20% of BOB 'bad 'loans' are recoverable
Posted 2 June 2018, 6:24 p.m. Suggest removal
bogart says...
SIMPLE......on one side is the loan officer...?supervisor......and superior...Credit Risk Manager....?who is overlooked by the board of directors.........on the other side os the Mortgage loan aApplicant presenting a number of mathematical documents...cash flow, 2 years of statements, balamce sheet, web shop voucher
it is up to the bank to.. follow......established banking policies ....established......stress tests.....gearing ratios.....risk lending ratios .require other evidence..to ...ensure...successfull repayment..?or decline loan..,!!!!....simple and discard crap like shop voucher.
the mathematical evidence should be on file....it is also noteworthy that the Loan Applicant does not have as much mathematocal loan skills as the banker and also pays a bank fee for the successfull processing of the loan application...if a loan is given that was negligently given dpes not meet bank lending criteria....then the Bank is negligent and not acting with due care for the loan applicant...this is where a number of allegations have surfaces inyernationally -------- like sub prime loans ---loan officer fraud to meet sales target ---to win bank bonuses ---bribery to get loan approved ----political interefrance to get friend, family, connected loan approved --- launndering cash ---even middle east case where black magic was alleged ---and others.
in all cases banks have almost ironclad policies, means to assess...adjudicate....investigate....and commonly ......... ----deny loans.----..they have that right ....even....if everything looks perfect..but have the slightest doubt of irregularity...
when these toxic loans are not repaid.....not only do the shareholders suffer....?but many others ......
The fact that noone has been held responsible, accountable .?in a situation involving hundreds of millions of dollars....is glaring....
On Just 20% of BOB 'bad 'loans' are recoverable
Posted 2 June 2018, 11:50 a.m. Suggest removal
bogart says...
the valuation of the loans in ..resolve ... was clearly ...pointed out by ...the former .? plp head of resolve ....james smith .....no less a former Central Bank Governor...and an international accounting firm....?.....further public announcents..?alarm...was also raised by ....Hon. Hubert Ingraham....former Prime Minister............for the government ....or individualsto have .?Continuef to ....throw .....taxpayers money?......to prop up a money losing enterprise ..?.where clearly the ....assets worth only 20 %....is unconscienciable....especially when Bahamians are suffering as never before.....who would..... overpay ..80%..... for.... any asset????????...$80,000,000. Dollars ???....even declare a few million dollars profit???....!!!
investigations are needed because.....in order to balance the books..... there.... must... be BOB account holders who have been squeezed illegally by...... other.bank errors not corrected ......victimized perhaps fraud commotted agsinst them....in efforts to bring as close.?oas possible...r ?balance the books ....common sense ..should indicate that this one glaring .?error.....did not lead to bob challenges....it would seen that ....
apart..from...... from massive govt injections.....account holders may have been victimized by not having errors shortfalls corrected to balance the books.....this is not a one error causation !!!!!!!
On Just 20% of BOB 'bad 'loans' are recoverable
Posted 2 June 2018, 8:31 a.m. Suggest removal
bogart says...
may the good lord grant all the courage and strength to bear this grief, and to assist with his kind mercy recovery to all injured.
On Labour Day tragedy: PM gives national address (video)
Posted 1 June 2018, 1:52 p.m. Suggest removal
bogart says...
bizzarre......bizzarre.....bizzarre.!!!!!!!!
how in the world...?..... can for the previous five (5) ?.....years can a oppodition party collrcting monthly salary, brnefits....representing the people sitting....across ....a three feet .(3) ...wide table...and having lawyers....other professionals including ...accountants..former shadow Finance Minister.?.now present ....finance minister........allow and....get dis now blaming dem..others in govt...across 3 foot wide table....same room.....fer gross inefficiencies..????????.and a bunch of other tings.....!!!!!...while they were all across the same three 3 feet wide table....together.....supposeddly.. looking.....out for the best interests of the bahamian people in .....running a nine (9) billion dollar economy...!!!!!!!!!!!!!!!........and in an environment of major global powers ...China and?.US...an EU..........
And despite full knowledge ...of what is going on....ministries losing millions, ..monies wasted....and nobody is punished....nottin change....they just gets voted out and ....those who sat at the same table. Did nuttin....now playing innocent ....an throwing all da blame on others ....
serious revision of the governing system representation of the people needs to be looked at where huge messes are made and it takes ..?a next election to try and correct....if population lucky
And .....now much worser.......only having four.....(4) opposition members ...paid to oppose and say...someting...against ....35 mmembers ...across the same three 3 feet wide table....?????.......the rest of the population .........less the ......same legislators........jus gettin goosied....time an time again....crazy talk bout the economy swing couple weeks ago...!!!
On Turnquest defends VAT hike
Posted 1 June 2018, 11:06 a.m. Suggest removal