BahamaPundit 8 years ago on Govt plays down China partnership
Govt plays down China partnership
It goes without saying that allowing China to engage in exporting seafood and establishing fisheries should be out of the question. This would devastate Bahamian fish stocks and compete directly with local fishermen for market share. When you get in bed with a nuclear armed comunist government, you will always lose -- hands down.
BahamaPundit 8 years ago on Govt plays down China partnership
Govt plays down China partnership
BAMSI 2.0. It wouldn't be at all surprising if the private owners of BAMSI (I believe this has never been clarified) would also "generously" take 50% ownership of the 100 China funded companies. Why so many companies? Would these be shell companies perhaps? The PLP = Laundrymen. They are constantly creating elaborate structures to hang bribes and corruption on under the cloak and guise of legitimate enterprise. When will they STOP hustling and spend one minute of their time in office actually looking out for the wellfare of Bahamians, instead of their own. Their toolbox consists of secrecy and zero accountability.
BahamaPundit 8 years ago on Govt plays down China partnership
Govt plays down China partnership
Having reviewed the letter from Minister Gray in some detail, I note the following: 1. The letter speaks to a FINAL DRAFT of the "Proposed China-Bahamas Agriculture and Fisheries Initiative" ("the Initiative"). It has been suggested that only preliminary, non-binding discussions have been held, but a final draft presupposes multiple and elaborate planning and drafting that is formal and final in nature. 2. Further, the letter is very specific with regard to details contained in the Initiative. It is not vague or contemplating. This is a hard and fast contractual offer to the Chinese Government with terms that are etched in stone down to the price of expenditure and share purchase and distribution. 3. The investment being asked for is 2.1 billion dollars; why not simply 2 billion dollars? Could it be the additional 100 million would be a finders fee? 4. Each of the 100 companies will have 10 shareholders, 5 Chinese and 5 Bahamian. How will the 5 lucky Bahamian shareholders in each company be selected?
MonkeeDoo 7 years, 7 months ago on EDITORIAL: Where is the anger over the missing $191m?
EDITORIAL: Where is the anger over the missing $191m?
I do not believe that the vast majority of Bahamians realize that it is their money that allows the government to function. VAT is having an impact however and will very likely take the PLP down, but import duty, and other taxes like Real Property Tax are never seen by the vast majority of Bahamians. So when the Government of the day squanders it, they just shrug their shoulders thinking, why should I care. They know what VAT is though and its the first time that people have gotten off their rumps and Marched to protest. They know the pain of the people in Jubilee too, and they are all aware of the RUBIS spill and, well, the fickle finger of fate being flashed at the world, was the final straw.
JohnDoe 7 years, 7 months ago on EDITORIAL: Where is the anger over the missing $191m?
EDITORIAL: Where is the anger over the missing $191m?
So if Minnis has glazed over greedy power hungry eyes for just thinking about the money in the public purse, I am curious as to how you would describe the tiefing men and women who were the last to be seen with the missing money?
OMG 7 years, 7 months ago on EDITORIAL: Where is the anger over the missing $191m?
EDITORIAL: Where is the anger over the missing $191m?
As I frequently mention the public tends to forget the raft of other less obvious taxes. Stamp Tax on accounts, VAT on accounts, Hazzard disposal tax (the dump) on and on. It wouldn't be so bad if something constructive was done with this money that conveniently disappears into the consolidated fund but nothing is done of any worth such as paying down the national debt (not deficit), replacing aging power stations, providing reliable water supplies, fixing the roads.
Regardless 8 years, 9 months ago on Gov’t ‘exhausts’ 95% of deficit projection
Gov’t ‘exhausts’ 95% of deficit projection
....in true democratic nations, citizens are actually informed where their tax dollars go and even more importantly, they can see the results!