Davis talks about unifying the country. Yet, Mitchell, mind you in a global pandemic traveling to Rome already, talks about getting party supporters straight.
So much for the unity talk. Clearly we see who running this government.
I also agree with Moore, follow the constitution . However, where was Moore's voice over the past 6 years when Minnis ignored the FNM constitution and never held a convention? Don't just talk of following the constitution when it is convenient.
Obviously the 90M will not be used to decrease the deficit or pay down the debt, and the revised budget they bring will find some way to spend that 90M to cover their friends, family and lovers.
A balance sheet is simple. Income versus expenditures. For a government with a gussie mae cabinet that just increased its expenses, and lowering VAT, that just reduced its income, what does that spell. deficit increases.
It is simple common sense.
But then again, you always speak as if you know everything, so don't expect less.
The increases has nothing to do with fossil fuel price increases. GB Power has a hedge agreement for their fuel prices, so their fuel cost is not impacted by the changing dynamics of fuel like BPL.
The increases are simply the greed of GB Power, especially when they charge power users now a fee to recoup what they spent fixing their system after Hurricane Dorian.
However, wait to see if you will hear that from the mouth of Davis or the minister in charge of public service.
Despite Davis comments about finances in trouble, they already rescinded the policy of retired persons brought back to government getting pension and salary. There is no concern about streamlining the country's finances.
I have to disagree with you on this. You just don't jump up and say cut VAT without any analysis whatsoever.
The fact is the government will lose revenue. Where will they make that revenue from? Raise taxes elsewhere? That is the only way they can make up the shortfall. Additional taxes.
Davis only made the vat speech on the campaign trail for political purposes. He just was looking for votes.
However, time will tell whether Smith or Davis is correct. Hopefully it won't be to the detriment of the Bahamas.
I give right where right is due. I tip my hat to Alfred Sears, as he did the right thing in recusing himself. Munroe on the other hand? Well he showed the type of integrity he has.
moncurcool says...
Davis talks about unifying the country. Yet, Mitchell, mind you in a global pandemic traveling to Rome already, talks about getting party supporters straight.
So much for the unity talk. Clearly we see who running this government.
On Mitchell denies infighting but says supporters must be ‘straight soon’
Posted 26 October 2021, 6:34 p.m. Suggest removal
moncurcool says...
I also agree with Moore, follow the constitution . However, where was Moore's voice over the past 6 years when Minnis ignored the FNM constitution and never held a convention? Don't just talk of following the constitution when it is convenient.
On Moore: Hold FNM convention for all officers
Posted 26 October 2021, 12:42 p.m. Suggest removal
moncurcool says...
Obviously the 90M will not be used to decrease the deficit or pay down the debt, and the revised budget they bring will find some way to spend that 90M to cover their friends, family and lovers.
On Gov’t $90m ahead of revenue target
Posted 25 October 2021, 3:33 p.m. Suggest removal
moncurcool says...
A balance sheet is simple. Income versus expenditures. For a government with a gussie mae cabinet that just increased its expenses, and lowering VAT, that just reduced its income, what does that spell. deficit increases.
It is simple common sense.
But then again, you always speak as if you know everything, so don't expect less.
On ‘Give comfort’ VAT slash makes sense
Posted 25 October 2021, 1:18 p.m. Suggest removal
moncurcool says...
So true. Spot on
New Day Gone, now Same old faces, with the same old crap!
On A COMIC'S VIEW: It’s beginning to look like the same old PLP
Posted 25 October 2021, 10:35 a.m. Suggest removal
moncurcool says...
The increases has nothing to do with fossil fuel price increases. GB Power has a hedge agreement for their fuel prices, so their fuel cost is not impacted by the changing dynamics of fuel like BPL.
The increases are simply the greed of GB Power, especially when they charge power users now a fee to recoup what they spent fixing their system after Hurricane Dorian.
On CCC to hold virtual meeting over Grand Bahama electricity rate rise
Posted 25 October 2021, 10:30 a.m. Suggest removal
moncurcool says...
Totally agree with you,
However, wait to see if you will hear that from the mouth of Davis or the minister in charge of public service.
Despite Davis comments about finances in trouble, they already rescinded the policy of retired persons brought back to government getting pension and salary. There is no concern about streamlining the country's finances.
On Forced leave ‘must never happen again’
Posted 25 October 2021, 10:27 a.m. Suggest removal
moncurcool says...
Whoever took that picture really caught it at an interesting moment! Wow!
Just will be careful how much I read into it without seeing the before and after monents.
On Ingraham: My advice was not wanted
Posted 25 October 2021, 10:18 a.m. Suggest removal
moncurcool says...
I have to disagree with you on this. You just don't jump up and say cut VAT without any analysis whatsoever.
The fact is the government will lose revenue. Where will they make that revenue from? Raise taxes elsewhere? That is the only way they can make up the shortfall. Additional taxes.
Davis only made the vat speech on the campaign trail for political purposes. He just was looking for votes.
However, time will tell whether Smith or Davis is correct. Hopefully it won't be to the detriment of the Bahamas.
On ‘Give comfort’ VAT slash makes sense
Posted 22 October 2021, 7:19 p.m. Suggest removal
moncurcool says...
I give right where right is due. I tip my hat to Alfred Sears, as he did the right thing in recusing himself. Munroe on the other hand? Well he showed the type of integrity he has.
On EDITORIAL: Where will money come from to balance VAT cut?
Posted 22 October 2021, 7:15 p.m. Suggest removal