The fast approaching fiscal disaster facing the country can no longer be simply deferred as has been done by successive administrations for the decades since independence. One suggestion would be to sell an out island or two. Maybe Abaco could raise enough to buy their long desired wish to secede from the Commonwealth and return to the security of Mother England. Alternately perhaps Bimini could be sold to Florida and Inagua to Cuba. This would surely realize enough cash money to pay a few civil servants pensions for a couple of months.
Some of these Union presidents are so disturbing. Is this the same man who did not actually go to work for years and then demanded a pat rise from wsc in addition to his pay as union president. These things almost defy belief.
Wow, this does not bode well.for the future when the stress of governing really kicks in. Discomfort ptresumamily a euphemism for falling out. Diabetes perhaps?
The most interesting appointment is Ryan Pinder as Minister of Finance. The country has a very bad time ahead financially; is Pinder going to be the fall guy for the Bahamian dollar devaluation? The PLP has a history of blaming an ethnic group for all ills. Just as interesting is why Pinder left the highly paid banking job that he left the Christie cabinet to take instead.
The only real question is whether the next elected administration introduces Income Tax, Death Duties; also called Estate Tax because it sounds nicer, or both of the above. i ncome Tax is more complex and will require many many more State Employed Workers but will give the government huge power of knowledge of what the citizens are earning. estate Tax is easier to administer and will more effectively redistribute wealth. The political elite may not want anyone to know about their unusually earned income though.
hrysippus says...
The fast approaching fiscal disaster facing the country can no longer be simply deferred as has been done by successive administrations for the decades since independence. One suggestion would be to sell an out island or two. Maybe Abaco could raise enough to buy their long desired wish to secede from the Commonwealth and return to the security of Mother England. Alternately perhaps Bimini could be sold to Florida and Inagua to Cuba. This would surely realize enough cash money to pay a few civil servants pensions for a couple of months.
On Bahamas to repay $3.65bn debts to creditors by 2026
Posted 8 October 2021, 8:14 a.m. Suggest removal
hrysippus says...
Someone here sound like he singing for his supper; he know which side his bread is buttered on.
On Central Bank governor: Bahamas won’t default
Posted 7 October 2021, 4:32 p.m. Suggest removal
hrysippus says...
Brilliant. Lots of free money for everybody. It mussy be Christmas....
On UPDATED: Govt promises to increase pensions, enhance social assistance
Posted 7 October 2021, 7:39 a.m. Suggest removal
hrysippus says...
when a sitting cabinet minister goes begging from foreign investors for his personal enrichment then the whole country is demeaned and embarrassed.
On PM: No harm, no foul over Fitzgerald
Posted 5 October 2021, 9:08 a.m. Suggest removal
hrysippus says...
Some of these Union presidents are so disturbing. Is this the same man who did not actually go to work for years and then demanded a pat rise from wsc in addition to his pay as union president. These things almost defy belief.
On Water union leaders admit PLP links
Posted 4 October 2021, 1:47 p.m. Suggest removal
hrysippus says...
Cmon Don Antony, tell what you really think of Mr. L.Miller.
On Miller attorneys ‘agree’ $10m verdict overturn
Posted 29 September 2021, 3:51 p.m. Suggest removal
hrysippus says...
Has Her Majesty's representative also been asked to resign? Who will replace him? Frankie?
On Mitchell: Political appointees have been asked for resignations
Posted 27 September 2021, 7:06 a.m. Suggest removal
hrysippus says...
Wow, this does not bode well.for the future when the stress of governing really kicks in. Discomfort ptresumamily a euphemism for falling out. Diabetes perhaps?
On Davis ‘discomfort’ at end of ceremony
Posted 25 September 2021, 5:39 a.m. Suggest removal
hrysippus says...
The most interesting appointment is Ryan Pinder as Minister of Finance. The country has a very bad time ahead financially; is Pinder going to be the fall guy for the Bahamian dollar devaluation? The PLP has a history of blaming an ethnic group for all ills. Just as interesting is why Pinder left the highly paid banking job that he left the Christie cabinet to take instead.
On BRAVE’S FIRST ROUND PICKS: Davis unveils first ministers who will ‘get things done’
Posted 21 September 2021, 11:21 a.m. Suggest removal
hrysippus says...
The only real question is whether the next elected administration introduces Income Tax, Death Duties; also called Estate Tax because it sounds nicer, or both of the above. i
ncome Tax is more complex and will require many many more State Employed Workers but will give the government huge power of knowledge of what the citizens are earning. estate Tax is easier to administer and will more effectively redistribute wealth. The political elite may not want anyone to know about their unusually earned income though.
On EDITORIAL: Tax talks ahead - no matter who wins
Posted 12 September 2021, 12:45 p.m. Suggest removal