hey mamayoma, before you go pointing out other peoples motes in the eye, tell us how you know that hundreds of millions of dollars are uncollected from foreign property owners? Your assertion just plain ignorant as you cannot transfer a property title, i.e. sell, without all property taxes having been paid, If a foreigner owning property in this country does not pay his taxes then eventually that property will be claimed by the government in lieu of unpaid tax. And if you think the clearing house banks are raking in profits with the 30% delinquency on mortgages then tell me why most all the Canadian banks are scaling back operations instead of expanding. Perhaps you are referring to the Bank of the Bahamas though. Sigh. Another D- poster child.
No employer would willingly employ a 35 year old mother with 6 children. Typically Bahamothers need 1 day off every 2 months to attend baby-daddy court per child, plus 2 days off per month per child to take a sick child to the clinic or look after him or her at home, so let's see, 20 working days per month, less vacation and bank holidays -3, = 17 days, less the days for children, 6 x 3 = -18days. Grand total result, the employer can expect 3 days actual work each month. And don't dare cut that mother's pay or you going to spend plenty time at the labour board. The Labour Ward leads inevitably too the Labour Board.
These state employed workers are a disgruntled lot, . . . . They say working conditions are all kerpunckled up. . . . . Of course roaches only go where food is left around, . . . .. And rats cannot resist leftovers discarded on the ground, . . . . And why if them at the post office only had to work two days, . . . . . And those workers at the PMH, they all were given raise, . . . .. . Do they seriously expect we to clean up our own mess, . . .. We gonna work a little slower, we gonna do a little less, . . . .. If you working for the government dem, you ain't supposed to work too hard, . .. Just put in the minimum hours until you get that pension card, . . . .. Then you live that life dead easy while others do the work, . . . .. Don't bother we wit tings to do we only good to shirk. When we cannot serve our customers it really not our fault, . . .. We just a smallish part of the Bahamian gestalt. . . . . .
The Fyre Island rapper that calls himself Jah Rule, . . . . Claims McFarland stood him up and used him, showed him up a fool, . . Promoting the private island festival Big up as big can be, . . . Was he doing that for money or doing it for for free? . . . . Much More than five grand spent to sleep in a wet tent, . . . . .. .Is eating cold cheese sandwich a usual gourmet event? . '' A million dollar bribe to some minister of finance? . . . . .. Seems a whole lot of money for a 3 day Exuma beach dance. . . . And then there was Andy, willing to take one for the team, . . . . Willing to duck a stick fulfilling Billy's dream. . . . . .. . And now Billy's doing porridge, a six year stretch or more. . . .. And piles of empty plastic bottles litter that Great Exuma's shore. . . . .. .. .
The plp treasurer for decades was a man who made his money from the then illegal numbers racket. the plp and the owners of the so called web shops have been in bed together for longer than most Bahamians been living. National lottery will benefit the people not the few elite as long as corrupt people don't get to run it.
I want to know the name of this customs official, he should be on the list to receive one of them rmostly honourable national honours just like p. Gladstoned has.
As a wealthy private investor I would like to invest several millions in this obviously rock solid investment opportunity. I will do as soon as I am able to escape from this confined room at Sandilands.
A credit bureau is much needed in our economy. At the moment Bahamians who consistently and completely pay their obligations, mortgages, etc., must pay a higher rate to cover the cost of those borrowers who do not meet their financial obligations, Banks and businesses will now be able to offer lower rates of interest on borrowing or goods sold on a payment plan. Also the bill duckers will be more easily identified and can be shunned by reputable businesses. Good news all round. I might be able to start renting out properties now that the people with good credit can be identified and those with bad credit can be avoided.
There are two challenges that Bahamian businesses encounter. The first is employee theft, see Ministry of Education story currently running in the dailies, Taylor industries had 2 large scale problems with employee theft in one particular department over the years. The first was just over 20 years ago if I remember correctly. The second problem effects legacy businesses, those that have been open for a dozen years or more; and that is the liability to pay severance to employees who are discharged. With 40 long serving employees the company's liability cost to terminate it's employees could approach one million dollars. Obviously a business that has not been doing well does not have such a sum and so has no choice but to declare bankrupt and close. We can expect more such business closures in the future most particularly amongst those with a large staff employed over a long time. This situation is a direct result of successive government policies which have pandered to the employees at the expense of the employer. Governments want to get re-elected and know that while employees can vote businesses can not. As Margaret Thatcher once said "socialism works well until you run out of money to borrow." . Good luck to all those who own businesses in this country and let us hope that the business environment never gets as bad as Venezuela.
hrysippus says...
hey mamayoma, before you go pointing out other peoples motes in the eye, tell us how you know that hundreds of millions of dollars are uncollected from foreign property owners? Your assertion just plain ignorant as you cannot transfer a property title, i.e. sell, without all property taxes having been paid, If a foreigner owning property in this country does not pay his taxes then eventually that property will be claimed by the government in lieu of unpaid tax. And if you think the clearing house banks are raking in profits with the 30% delinquency on mortgages then tell me why most all the Canadian banks are scaling back operations instead of expanding. Perhaps you are referring to the Bank of the Bahamas though. Sigh. Another D- poster child.
On DPM praised for putting country before politics
Posted 24 January 2019, 5:35 p.m. Suggest removal
hrysippus says...
No employer would willingly employ a 35 year old mother with 6 children. Typically Bahamothers need 1 day off every 2 months to attend baby-daddy court per child, plus 2 days off per month per child to take a sick child to the clinic or look after him or her at home, so let's see, 20 working days per month, less vacation and bank holidays -3, = 17 days, less the days for children, 6 x 3 = -18days. Grand total result, the employer can expect 3 days actual work each month. And don't dare cut that mother's pay or you going to spend plenty time at the labour board. The Labour Ward leads inevitably too the Labour Board.
On Daily struggle to make ends meet
Posted 23 January 2019, 5:41 p.m. Suggest removal
hrysippus says...
These state employed workers are a disgruntled lot, . . . .
They say working conditions are all kerpunckled up. . . . .
Of course roaches only go where food is left around, . . . ..
And rats cannot resist leftovers discarded on the ground, . . . .
And why if them at the post office only had to work two days, . . . . .
And those workers at the PMH, they all were given raise, . . . .. .
Do they seriously expect we to clean up our own mess, . . ..
We gonna work a little slower, we gonna do a little less, . . . ..
If you working for the government dem, you ain't supposed to work too hard, . ..
Just put in the minimum hours until you get that pension card, . . . ..
Then you live that life dead easy while others do the work, . . . ..
Don't bother we wit tings to do we only good to shirk.
When we cannot serve our customers it really not our fault, . . ..
We just a smallish part of the Bahamian gestalt.
. . . . .
On We gotta get out of this place
Posted 23 January 2019, 11:39 a.m. Suggest removal
hrysippus says...
The Fyre Island rapper that calls himself Jah Rule, . . . .
Claims McFarland stood him up and used him, showed him up a fool, . .
Promoting the private island festival Big up as big can be, . . .
Was he doing that for money or doing it for for free? . . . .
Much More than five grand spent to sleep in a wet tent, . . . . .. .Is eating cold cheese sandwich a usual gourmet event? . ''
A million dollar bribe to some minister of finance? . . . . ..
Seems a whole lot of money for a 3 day Exuma beach dance. . . .
And then there was Andy, willing to take one for the team, . . . .
Willing to duck a stick fulfilling Billy's dream. . . . . .. .
And now Billy's doing porridge, a six year stretch or more. . . ..
And piles of empty plastic bottles litter that Great Exuma's shore.
. . . .. .. .
On I'm a victim of festival fiasco too, says rapper
Posted 22 January 2019, 6:31 p.m. Suggest removal
hrysippus says...
The plp treasurer for decades was a man who made his money from the then illegal numbers racket. the plp and the owners of the so called web shops have been in bed together for longer than most Bahamians been living. National lottery will benefit the people not the few elite as long as corrupt people don't get to run it.
On CLIMBDOWN? Webshops set to win deal on new tax rates
Posted 21 January 2019, 1:14 p.m. Suggest removal
hrysippus says...
Hey Sleeppunner, good post especially since I still aint got mines yet.
On Two religious leaders named 'Persons of the Year'
Posted 20 January 2019, 11:22 a.m. Suggest removal
hrysippus says...
I want to know the name of this customs official, he should be on the list to receive one of them rmostly honourable national honours just like p. Gladstoned has.
On Fyre Festival producer 'was willing to perform sexual favours' to save event
Posted 18 January 2019, 9:38 p.m. Suggest removal
hrysippus says...
As a wealthy private investor I would like to invest several millions in this obviously rock solid investment opportunity. I will do as soon as I am able to escape from this confined room at Sandilands.
On Development Bank targets 'alternative funding' sources
Posted 18 January 2019, 9:34 p.m. Suggest removal
hrysippus says...
A credit bureau is much needed in our economy. At the moment Bahamians who consistently and completely pay their obligations, mortgages, etc., must pay a higher rate to cover the cost of those borrowers who do not meet their financial obligations, Banks and businesses will now be able to offer lower rates of interest on borrowing or goods sold on a payment plan. Also the bill duckers will be more easily identified and can be shunned by reputable businesses. Good news all round. I might be able to start renting out properties now that the people with good credit can be identified and those with bad credit can be avoided.
On ‘Tremendous shock’ closer for deadbeat Bahamian borrowers
Posted 18 January 2019, 12:17 p.m. Suggest removal
hrysippus says...
There are two challenges that Bahamian businesses encounter. The first is employee theft, see Ministry of Education story currently running in the dailies, Taylor industries had 2 large scale problems with employee theft in one particular department over the years. The first was just over 20 years ago if I remember correctly. The second problem effects legacy businesses, those that have been open for a dozen years or more; and that is the liability to pay severance to employees who are discharged. With 40 long serving employees the company's liability cost to terminate it's employees could approach one million dollars. Obviously a business that has not been doing well does not have such a sum and so has no choice but to declare bankrupt and close. We can expect more such business closures in the future most particularly amongst those with a large staff employed over a long time.
This situation is a direct result of successive government policies which have pandered to the employees at the expense of the employer. Governments want to get re-elected and know that while employees can vote businesses can not. As Margaret Thatcher once said "socialism works well until you run out of money to borrow." . Good luck to all those who own businesses in this country and let us hope that the business environment never gets as bad as Venezuela.
On Taylor Industries employees: ‘Customers knew more than us’
Posted 18 January 2019, 9:45 a.m. Suggest removal