Sands is correct in his view that our governments have used NIB as a slush fund for years. This is causing the problem and needs to changed ASAP. But which government will have the fortitude to do the right thing?
The only way NIB can survive is that government must not be allowed to borrow form it anymore. If that does not change, then rate increases will not make any difference.
There is no such thing as statelessness. These so called "stateless" people can get citizenship in the country of their parents. However, too many foreign persons want the Bahamas to change their laws to accommodate them and grant them citizenship, especially after they come to The Bahamas illegally.
Rather than the government stop using NIB as a slush fund, they continue to pillage the Bahamians people by now increasing NIB taxes amount to pay. It is like putting water in an empty bucket and expecting it to fill up if they don't stop giving our money to government to build buildings they never get a return on.
Wonder now what Chester will say about this increase. Wonder if he will open his mouth and call this reckless, as he did when in opposition.
I am beginning to wonder why in the world the Tribune keeps going to this man for input. His suggestion is to take public transportation. I wonder if he has ever taken public transportation in the Bahamas?
NIB is the biggest mafia scheme around. People put in their hard earned money in and they have to audacity to say it is going broke? Of course it is broke when people who don't put in anything can get money out, the government always taking the money to build all kinds of buildings and what are the returns?
Obviously the only reason the Minister is mentioning this is because they want to raise the amount people who putting in will have to put in, only to discover they will not get out what they even put in. Maybe we need to defund NIB.
As regards MPs living in a constituency in order to represent it, could not agree more. Long overdue. Which is why you can have a PM living in western Nassau and never do a thing for the Cat Island constituency he represents because he does not live there and does not understand the people.
Politicians always have higher standards for others and not themselves. To be in local government, you have to live in your constituency. To be PM no retirement age, but all other civil servants have a retirement age.
Agree, that it is time to take our heads out of the sand and demand more of politicians and that they follow the line just like everyone else.
Why come to the public if you not trying to slam NGOs? Why talk about the salaries and the administrative percentages? If Davis really wanted information, why not pick up the phone and call Larson and say I heard you have information, please send it to us.
It is tragic how we have people who sit in positions in government and reduce it to their small mindedness.
moncurcool says...
Sands is correct in his view that our governments have used NIB as a slush fund for years. This is causing the problem and needs to changed ASAP. But which government will have the fortitude to do the right thing?
On State of NIB fund not a surprise, says FNM Chairman
Posted 13 April 2022, 3:19 p.m. Suggest removal
moncurcool says...
The best way to radically reform nib? stop all borrowing by the government from nib now!!!
On ‘We cannot let NIB go broke’
Posted 13 April 2022, 2:55 p.m. Suggest removal
moncurcool says...
The only way NIB can survive is that government must not be allowed to borrow form it anymore. If that does not change, then rate increases will not make any difference.
On ‘No water from stone’ warning on cost hikes
Posted 13 April 2022, 2:52 p.m. Suggest removal
moncurcool says...
There is no such thing as statelessness. These so called "stateless" people can get citizenship in the country of their parents. However, too many foreign persons want the Bahamas to change their laws to accommodate them and grant them citizenship, especially after they come to The Bahamas illegally.
Wonder how DACA is working for the US?
On US criticises Bahamas on citizenship measures
Posted 13 April 2022, 9:43 a.m. Suggest removal
moncurcool says...
Rather than the government stop using NIB as a slush fund, they continue to pillage the Bahamians people by now increasing NIB taxes amount to pay. It is like putting water in an empty bucket and expecting it to fill up if they don't stop giving our money to government to build buildings they never get a return on.
Wonder now what Chester will say about this increase. Wonder if he will open his mouth and call this reckless, as he did when in opposition.
On GET READY TO PAY UP FOR NIB: Laroda says rates will likely increase within next year
Posted 13 April 2022, 9:40 a.m. Suggest removal
moncurcool says...
I am beginning to wonder why in the world the Tribune keeps going to this man for input. His suggestion is to take public transportation. I wonder if he has ever taken public transportation in the Bahamas?
On Fidelity bank chief Bowe says it would be unwise to reduce taxes on gas
Posted 12 April 2022, 1:23 p.m. Suggest removal
moncurcool says...
NIB is the biggest mafia scheme around. People put in their hard earned money in and they have to audacity to say it is going broke? Of course it is broke when people who don't put in anything can get money out, the government always taking the money to build all kinds of buildings and what are the returns?
Obviously the only reason the Minister is mentioning this is because they want to raise the amount people who putting in will have to put in, only to discover they will not get out what they even put in. Maybe we need to defund NIB.
On NIB FUND ‘RUNS OUT IN 6 YEARS’: Laroda says report warns depletion rate has increased
Posted 12 April 2022, 10:17 a.m. Suggest removal
moncurcool says...
As regards MPs living in a constituency in order to represent it, could not agree more. Long overdue. Which is why you can have a PM living in western Nassau and never do a thing for the Cat Island constituency he represents because he does not live there and does not understand the people.
Politicians always have higher standards for others and not themselves. To be in local government, you have to live in your constituency. To be PM no retirement age, but all other civil servants have a retirement age.
Agree, that it is time to take our heads out of the sand and demand more of politicians and that they follow the line just like everyone else.
On DIANE PHILLIPS: How long will we bury our heads in the sand?
Posted 8 April 2022, 8:54 p.m. Suggest removal
moncurcool says...
And this is the Minister of Finance for the country. Talk about a country in trouble!
On PM negotiates 38% discount on shipping container costs
Posted 8 April 2022, 2 p.m. Suggest removal
moncurcool says...
True.
Why come to the public if you not trying to slam NGOs? Why talk about the salaries and the administrative percentages? If Davis really wanted information, why not pick up the phone and call Larson and say I heard you have information, please send it to us.
It is tragic how we have people who sit in positions in government and reduce it to their small mindedness.
On Davis: We still have no record of food spending
Posted 8 April 2022, 12:23 p.m. Suggest removal