I'm already resigned to the fact that I won't get a state pension by the time I retire, after a life of contributions. I guess the only ray of sunshine is that less contributions means less for the Government to waste on their crappy schemes and off-Balance Sheet shenanigans. But at least the union members will get a pension from their unions......right? Hahahahaha.
And, lest we forget, Scargill still to this day lives in a grace-and-favour house fully paid for the by the NUM - more than thirty years since he had any say in the running of the union, or the industry he represented. I'm 100% certain that Ferguson will be a similar drain on the workers in years to come.
Let's look for a moment at how the other Chinese build is going, shall we? For more than 8 months the monstrous downtown car park has been "finished", complete with signs over every ground floor space saying "Coming soon......." Everything from a cinema, a fitness club, shops and restaurants. They even have fictitious names added LOL. How many are actually occupied?
Well, zero of course.
And the sidewalk is a drab, impersonal long swathe of basic concrete, with not even a tiled finish or a patterned finish. Just a few withering plants to break up the monotony.
What faith should we have that BahaMar will be anything other than a permanent, unoccupied eyesore?
Typically the organisers of a crowdfunding scheme take 10% of funds collected. Here in the Bahamas I honestly do not expect such a "low" ceiling....rather, the organisers, no doubt cronies and friends of numbers racketeers and PLP politicians, will probably take whatever cut they want, all with the blessing and collusion of BISX (who, let us remember, have not said a bad word about the true price of BOB ordinary shares) Surely this is a non-starter?
@observer - I am no economist, but I cannot see how this would work. If we devalue, then our import cost of all basic goods will increase (in B$) thus, when we on-sell these to either tourists or ourselves, the goods will cost more (in B$). If we had an economy that was self-sufficient in any major areas (food production, heavy manufacturing, oil and gas fields, consumer goods such as clothing) then we could maybe (I emphasise MAYBE) start to bring down production costs by becoming more effiicient in the manufacturing processes themselves. But as it is, we import almost everything "ready made", and thus we will still have to pay the same in US$, except it will take more B$ to buy the same goods. To my mind, devaluation simply means that we will not get the same bang for our buck, and we will be on the path to oblivion.
Due diligence? Maybe the Fookers should have read the Tribune more often.....this article and a clear photo of the land dump smog was produced in March 2016
What a joke ! And I'm sure that Christie will make sure the relief funds are paid from BOB, which will only add to the hundreds of millions that we, the taxpayers, have already had stolen from us.
watcher says...
I'm already resigned to the fact that I won't get a state pension by the time I retire, after a life of contributions. I guess the only ray of sunshine is that less contributions means less for the Government to waste on their crappy schemes and off-Balance Sheet shenanigans. But at least the union members will get a pension from their unions......right? Hahahahaha.
On Jobless benefit rise shows the economy ‘really, really bad’
Posted 30 March 2017, 9:45 a.m. Suggest removal
watcher says...
And, lest we forget, Scargill still to this day lives in a grace-and-favour house fully paid for the by the NUM - more than thirty years since he had any say in the running of the union, or the industry he represented. I'm 100% certain that Ferguson will be a similar drain on the workers in years to come.
On Unions: Fine stubborn employers $5,000 daily
Posted 28 March 2017, 10:07 a.m. Suggest removal
watcher says...
Let's look for a moment at how the other Chinese build is going, shall we? For more than 8 months the monstrous downtown car park has been "finished", complete with signs over every ground floor space saying "Coming soon......." Everything from a cinema, a fitness club, shops and restaurants. They even have fictitious names added LOL. How many are actually occupied?
Well, zero of course.
And the sidewalk is a drab, impersonal long swathe of basic concrete, with not even a tiled finish or a patterned finish. Just a few withering plants to break up the monotony.
What faith should we have that BahaMar will be anything other than a permanent, unoccupied eyesore?
Well, zero of course.
On FNM: Baha Mar move a photo op
Posted 24 March 2017, 8:28 a.m. Suggest removal
watcher says...
Typically the organisers of a crowdfunding scheme take 10% of funds collected. Here in the Bahamas I honestly do not expect such a "low" ceiling....rather, the organisers, no doubt cronies and friends of numbers racketeers and PLP politicians, will probably take whatever cut they want, all with the blessing and collusion of BISX (who, let us remember, have not said a bad word about the true price of BOB ordinary shares) Surely this is a non-starter?
On BISX moving ‘swiftly’ on crowdfund platform
Posted 24 March 2017, 8:18 a.m. Suggest removal
watcher says...
Bye Bye Christie
http://tribune242.com/users/photos/2017…
On VIDEO: Jubilee Gardens evacuated as smoke from dump fire chokes residents
Posted 6 March 2017, 4:47 a.m. Suggest removal
watcher says...
http://tribune242.com/users/photos/2017…
On Minnis slams PM’s ‘show of self pity’
Posted 2 March 2017, 3:14 p.m. Suggest removal
watcher says...
@observer - I am no economist, but I cannot see how this would work. If we devalue, then our import cost of all basic goods will increase (in B$) thus, when we on-sell these to either tourists or ourselves, the goods will cost more (in B$). If we had an economy that was self-sufficient in any major areas (food production, heavy manufacturing, oil and gas fields, consumer goods such as clothing) then we could maybe (I emphasise MAYBE) start to bring down production costs by becoming more effiicient in the manufacturing processes themselves. But as it is, we import almost everything "ready made", and thus we will still have to pay the same in US$, except it will take more B$ to buy the same goods. To my mind, devaluation simply means that we will not get the same bang for our buck, and we will be on the path to oblivion.
On ‘Decisive measures’ call as deficit soars to $314m
Posted 28 February 2017, 1:28 p.m. Suggest removal
watcher says...
http://www.tribune242.com/news/2016/mar…
Due diligence? Maybe the Fookers should have read the Tribune more often.....this article and a clear photo of the land dump smog was produced in March 2016
On Bran: Landfill could be Baha Mar ‘deal breaker’
Posted 23 February 2017, 3:03 a.m. Suggest removal
watcher says...
The only outstanding job is this letter
On Christie’s claim far from true
Posted 24 January 2017, 4:54 p.m. Suggest removal
watcher says...
What a joke ! And I'm sure that Christie will make sure the relief funds are paid from BOB, which will only add to the hundreds of millions that we, the taxpayers, have already had stolen from us.
On PM: Mortgage relief for 350
Posted 24 January 2017, 1:06 p.m. Suggest removal