New Providence is now choc-a-bloc full of junk vehicles. Our government can't even export these non-functioning junk vehicles at a loss to other countries like Cuba. They're left all over the place....a real eye sore.
My earlier post below applies to most governments of European countries as well. They all foolishly tried to do exactly what the U.S. government did in an effort to mask or cover-up the grossly mismanaged and unchecked costs of spendthrift government spending over many decades.
The unhealthy fat from decades of wasteful government spending and printing money willy-nilly is seen on the enormous waist-line of the U.S. Federal Reserve; its balance sheet has never been bigger.
***My earlier post today to another related Trib article:***
The rising political heat angry Americans are giving their elected representatives about the soaring rate of inflation will determine how high and how fast the U.S. Federal Reserve ('the Fed') must increase the benchmark U.S. interest rate.
The Biden administration and the Fed will try use Russia's invasion of the Ukraine as an excuse for their need to significantly increase U.S. interest rates in an effort to combat the out-of-control inflation caused by more than a decade of printing money willy-nilly to keep U.S. debt service costs low and financial asset prices high.
The savings of risk averse aged baby boomers in the U.S. have been raped, pillaged and plundered by the U.S. government keeping interest rates artificially low for well over a decade now in one of the greatest transfers of wealth through hidden taxes to help contain the effects of unfunded social security, medicare and other entitlement costs. The distortionary effects of that dastardly deed are now coming home to roost in a most vicious way, i.e., out-of-control inflation.
You only have to look at what has been happening to the yield curve for U.S. debt instruments to understand that the pied piper must now be paid to avoid an entrenched hyper-inflationary scenario and it ain't gonna be pretty paying him, especially for small nations like The Bahamas.
The rising political heat angry Americans are giving their elected representatives about the soaring rate of inflation will determine how high and how fast the U.S. Federal Reserve ('the Fed') must increase the benchmark U.S. interest rate.
The Biden administration and the Fed will try use Russia's invasion of the Ukraine as an excuse for their need to significantly increase U.S. interest rates in an effort to combat the out-of-control inflation caused by more than a decade of printing money willy-nilly to keep U.S. debt service costs low and financial asset prices high.
The savings of risk averse aged baby boomers in the U.S. have been raped, pillaged and plundered by the U.S. government keeping interest rates artificially low for well over a decade now in one of the greatest transfers of wealth through hidden taxes to help contain the effects of unfunded social security, medicare and other entitlement costs. The distortionary effects of that dastardly deed are now coming home to roost in a most vicious way, i.e., out-of-control inflation.
You only have to look at what has been happening to the yield curve for U.S. debt instruments to understand that the pied piper must now be paid to avoid an entrenched hyper-inflationary scenario and it ain't gonna be pretty paying him, especially for small nations like The Bahamas.
And when we all thought we couldn't possibly ever get a police commissioner worse than Paul Rolle, we find ourselves having to digest the very real possibility that a complete moron like Clayton Fernander will become the next commissioner. Simply unbelievable!
Arseholes like Halkitis are as visionless and incompetent as they come. They keep bringing up the same 'ole shiit because their Communist Chinese masters and the IMF/IDB keep telling them they must do so.
Even the U.S.A. readily admits today that the WTO has been commandeered (hijacked) by Communist China in much the same way that the UN and the WHO have effectively been seized by the Chinese Communist Party (CCP). Whenever you hear these arseholes talking about joining the WTO it is because Red China and the IMF/IDB are putting a heavy knee on the necks of our useless and incompetent government in an effort to gain even more control over the lives of the Bahamian people.
Joining the WTO will make it much easier for the CCP and IMF to have their way with our country to the detriment of the interests of the Bahamian people. And "Yes", expect others like Carey Leonard to once again extol the supposed virtues of joining the WTO as they sing for their supper from the evil ones they represent who do not give a rat's arse about the interests of the Bahamian people.
The IMF relies on our Department of Mystical Statistics and would consider an individual employed even if they made a wage that no one on earth could possibly live off of.
Yeah. Anthony Ferguson, James Smith and their Greek master are probably already promoting to Russian oligarchs in financial centres around the world the new Oligarch Class 'B' shares in the Bahamas Investment Fund, with the 'B' standing for Billionaires. LOL
Yup. That Russian oligarch money is worse than Kryptonite for one's health. Would love nothing more than for some of our corrupt politicians to foolishly try pocket some of it.
tribanon says...
I've said all I have to say on the matter of this ridiculous royal visit or any other one like it.
On INSIGHT: Royals on the way - but what does that mean for us?
Posted 22 March 2022, 1:58 p.m. Suggest removal
tribanon says...
New Providence is now choc-a-bloc full of junk vehicles. Our government can't even export these non-functioning junk vehicles at a loss to other countries like Cuba. They're left all over the place....a real eye sore.
On Gov’t seeks tariff slash proposals
Posted 22 March 2022, 1:55 p.m. Suggest removal
tribanon says...
My earlier post below applies to most governments of European countries as well. They all foolishly tried to do exactly what the U.S. government did in an effort to mask or cover-up the grossly mismanaged and unchecked costs of spendthrift government spending over many decades.
The unhealthy fat from decades of wasteful government spending and printing money willy-nilly is seen on the enormous waist-line of the U.S. Federal Reserve; its balance sheet has never been bigger.
***My earlier post today to another related Trib article:***
The rising political heat angry Americans are giving their elected representatives about the soaring rate of inflation will determine how high and how fast the U.S. Federal Reserve ('the Fed') must increase the benchmark U.S. interest rate.
The Biden administration and the Fed will try use Russia's invasion of the Ukraine as an excuse for their need to significantly increase U.S. interest rates in an effort to combat the out-of-control inflation caused by more than a decade of printing money willy-nilly to keep U.S. debt service costs low and financial asset prices high.
The savings of risk averse aged baby boomers in the U.S. have been raped, pillaged and plundered by the U.S. government keeping interest rates artificially low for well over a decade now in one of the greatest transfers of wealth through hidden taxes to help contain the effects of unfunded social security, medicare and other entitlement costs. The distortionary effects of that dastardly deed are now coming home to roost in a most vicious way, i.e., out-of-control inflation.
You only have to look at what has been happening to the yield curve for U.S. debt instruments to understand that the pied piper must now be paid to avoid an entrenched hyper-inflationary scenario and it ain't gonna be pretty paying him, especially for small nations like The Bahamas.
On IMF: New, increased taxes a must for 25% revenue target
Posted 22 March 2022, 1:41 p.m. Suggest removal
tribanon says...
The rising political heat angry Americans are giving their elected representatives about the soaring rate of inflation will determine how high and how fast the U.S. Federal Reserve ('the Fed') must increase the benchmark U.S. interest rate.
The Biden administration and the Fed will try use Russia's invasion of the Ukraine as an excuse for their need to significantly increase U.S. interest rates in an effort to combat the out-of-control inflation caused by more than a decade of printing money willy-nilly to keep U.S. debt service costs low and financial asset prices high.
The savings of risk averse aged baby boomers in the U.S. have been raped, pillaged and plundered by the U.S. government keeping interest rates artificially low for well over a decade now in one of the greatest transfers of wealth through hidden taxes to help contain the effects of unfunded social security, medicare and other entitlement costs. The distortionary effects of that dastardly deed are now coming home to roost in a most vicious way, i.e., out-of-control inflation.
You only have to look at what has been happening to the yield curve for U.S. debt instruments to understand that the pied piper must now be paid to avoid an entrenched hyper-inflationary scenario and it ain't gonna be pretty paying him, especially for small nations like The Bahamas.
On IMF interest rate fears dampened
Posted 22 March 2022, 1:21 p.m. Suggest removal
tribanon says...
And when we all thought we couldn't possibly ever get a police commissioner worse than Paul Rolle, we find ourselves having to digest the very real possibility that a complete moron like Clayton Fernander will become the next commissioner. Simply unbelievable!
On Commissioner: I’m retiring this year
Posted 22 March 2022, 12:56 p.m. Suggest removal
tribanon says...
LMAO
On Deputy PM: ‘Promising’ proposals for Grand Lucayan
Posted 22 March 2022, 12:47 p.m. Suggest removal
tribanon says...
Arseholes like Halkitis are as visionless and incompetent as they come. They keep bringing up the same 'ole shiit because their Communist Chinese masters and the IMF/IDB keep telling them they must do so.
Even the U.S.A. readily admits today that the WTO has been commandeered (hijacked) by Communist China in much the same way that the UN and the WHO have effectively been seized by the Chinese Communist Party (CCP). Whenever you hear these arseholes talking about joining the WTO it is because Red China and the IMF/IDB are putting a heavy knee on the necks of our useless and incompetent government in an effort to gain even more control over the lives of the Bahamian people.
Joining the WTO will make it much easier for the CCP and IMF to have their way with our country to the detriment of the interests of the Bahamian people. And "Yes", expect others like Carey Leonard to once again extol the supposed virtues of joining the WTO as they sing for their supper from the evil ones they represent who do not give a rat's arse about the interests of the Bahamian people.
On Work ‘almost complete’ on national trade policy
Posted 22 March 2022, 12:39 p.m. Suggest removal
tribanon says...
What a joke!
The IMF relies on our Department of Mystical Statistics and would consider an individual employed even if they made a wage that no one on earth could possibly live off of.
On ONE IN SEVEN OUT OF WORK: IMF projects 13.9% unemployment rate as economy recovers
Posted 22 March 2022, 12:14 p.m. Suggest removal
tribanon says...
Yeah. Anthony Ferguson, James Smith and their Greek master are probably already promoting to Russian oligarchs in financial centres around the world the new Oligarch Class 'B' shares in the Bahamas Investment Fund, with the 'B' standing for Billionaires. LOL
On $2.92Bn of Russian funds in Bahamas
Posted 22 March 2022, 8:18 a.m. Suggest removal
tribanon says...
Yup. That Russian oligarch money is worse than Kryptonite for one's health. Would love nothing more than for some of our corrupt politicians to foolishly try pocket some of it.
On $2.92Bn of Russian funds in Bahamas
Posted 22 March 2022, 8:06 a.m. Suggest removal