1) This action, on the face of it, is neither illegal nor immoral. The government is using future capital to pay current debt, but that can be done for a number of reasons - let me give you three: a) Government will refinance future debt (almost a given) and has already agreed to terms for said refinancing (again, almost a given); b) Government has already received tentative assurance from credit rating agencies that there will be positive change in the economic outlook of the country (quite possibly) therefore making future borrowings cheaper - in which case using sinking fund to pay current obligations is absolutely the correct move; c) Government forecasts that economy in second half of 2025 will be robust and should afford them necessary funds to either replenish sinking or seek more favourable financing terms in the medium term (5-12 months).
Honest question. Who do you expect to appoint this "special review" that you declare needs to happen? The corrupt-from-day-one FNM (assuming they win the next election)? (Not that you are wrong, but just curious as to your opinion.)
You are confusing the two. This is about a constituency vote, not a vote for the FNM (Party). Don't forget, Minnis won his seat even though the FNM were severely trounced at the polls. Minnis will win his seat again, easily. FNM will lose that seat if he does not run.
Well, property tax is zero if your home is under a certain amount. And, if your home is above that threshold, then you need to pay property taxes. And yes, VAT needs to be removed - in favour of income tax.
tetelestai says...
This is a good question...
On Gov’t uses $161.5m of bond reserves to finance current debt
Posted 7 April 2025, 3:38 a.m. Suggest removal
tetelestai says...
Look, let's not play politics with everything.
1) This action, on the face of it, is neither illegal nor immoral. The government is using future capital to pay current debt, but that can be done for a number of reasons - let me give you three: a) Government will refinance future debt (almost a given) and has already agreed to terms for said refinancing (again, almost a given); b) Government has already received tentative assurance from credit rating agencies that there will be positive change in the economic outlook of the country (quite possibly) therefore making future borrowings cheaper - in which case using sinking fund to pay current obligations is absolutely the correct move; c) Government forecasts that economy in second half of 2025 will be robust and should afford them necessary funds to either replenish sinking or seek more favourable financing terms in the medium term (5-12 months).
On Gov’t uses $161.5m of bond reserves to finance current debt
Posted 7 April 2025, 3:37 a.m. Suggest removal
tetelestai says...
Honest question. Who do you expect to appoint this "special review" that you declare needs to happen? The corrupt-from-day-one FNM (assuming they win the next election)?
(Not that you are wrong, but just curious as to your opinion.)
On Saudis ‘too slow’ over $55m Eleuthera airport
Posted 7 April 2025, 3:28 a.m. Suggest removal
tetelestai says...
You are confusing the two. This is about a constituency vote, not a vote for the FNM (Party). Don't forget, Minnis won his seat even though the FNM were severely trounced at the polls. Minnis will win his seat again, easily. FNM will lose that seat if he does not run.
On ‘We won’t vote if Minnis rejected’
Posted 7 April 2025, 3:14 a.m. Suggest removal
tetelestai says...
Iram Lewis cannot "split a vote" - stop it with your nonsense. Iram leaving does not hurt the FNM's chances in that constituency at all.
On IRAM RESIGNS: Central GB MP leaves FNM for Coalition of Independents
Posted 3 April 2025, 4:57 a.m. Suggest removal
tetelestai says...
I agree, wholeheartedly, with your first point.
You are delusional if you think the FNM is going to win the next election.
On PM: Heads will roll over Abaco delays
Posted 3 April 2025, 4:53 a.m. Suggest removal
tetelestai says...
Remind me again when the FNM did any of the things mentioned by Howard?
On LETTER: Clock is running on promises
Posted 1 April 2025, 3:39 a.m. Suggest removal
tetelestai says...
The man did write "these include", suggesting that the list was not all inclusive. Don't be a pedant.
On LETTER: Clock is running on promises
Posted 1 April 2025, 3:39 a.m. Suggest removal
tetelestai says...
Well, property tax is zero if your home is under a certain amount. And, if your home is above that threshold, then you need to pay property taxes.
And yes, VAT needs to be removed - in favour of income tax.
On PM: Back me and I may cut VAT again
Posted 28 March 2025, 11:33 a.m. Suggest removal
tetelestai says...
That's cute that you think this started with Davis&Co.
On Gov’t missed pledge to cut top Water Corp supplier $28m debt
Posted 25 March 2025, 4:16 a.m. Suggest removal