BahamaPundit 8 years ago on PM warns of high cost of hurricane recovery
PM warns of high cost of hurricane recovery
I have a feeling the hurting the PLP put on the public treasury for hurricane relief and rebuilding will far exceed the damage wrought by Hurricane Matthew. The treachery of the PLP frightens me way more than any storm.
Economist 8 years ago on PM warns of high cost of hurricane recovery
PM warns of high cost of hurricane recovery
Shame Gibson emmmm......that is scary!
B_I_D___ 8 years ago on PM warns of high cost of hurricane recovery
PM warns of high cost of hurricane recovery
Good chunk of repairs still ain't done from the first 100M in Joaquin...not disrespecting the cash outlay, but major money has been paid recently with no results or accountability...
sheeprunner12 8 years ago on PM warns of high cost of hurricane recovery
PM warns of high cost of hurricane recovery
The PLP government cannot manage a hurricane recovery mission ........... case in point, the few match box houses they are building in the islands after Joaquin cannot even be built one year after the hurricane!!!!!! ........... much less other infrastructure ($100 million????) Now Perry puts Shame Gibson (the biggest ripper) in charge of hurricane restoration ........ he could have done worst by putting Brave in charge ........ but lots of contracts will be awarded to PLP cronies (like the 3 generals in Long Island) and the money will flow before the election ........... my dear Bahamians, we are in for a rough ride with these crooked PLPs ..... and do not forget that the Treasury is broke already
ThisIsOurs 8 years ago on PM warns of high cost of hurricane recovery
PM warns of high cost of hurricane recovery
Suck teeth, then they talking about climate change and coastal erosion and the government doing all it could for Nygard and Blackbeard's Cay. Don't forget all the dredging Resorts World was remitted to do for their ferry only to cancel the service within months. No vision. Destroying the country. Please resign
ThisIsOurs 8 years ago on PM warns of high cost of hurricane recovery
PM warns of high cost of hurricane recovery
Why is he of all people heading this relief fund??? As I send before, any organization who donates any money better put ten pairs of eyes on how the money is spent, whether the people contracted are qualified to do the work and whether they give value for dollar. Mayor Nagen is still in jail for awarding himself and his interests lucrative contracts from the hurricane Katrina relief fund.
As an aside, thieves and extortionists will always be thieves and extortionists. They don't care about you and your problems.
This only makes sense if it's to make sure the cuts are distributed efficiently???? Head Knowkes did quite well without the appointment of a "minister in charge of relief efforts".
TalRussell 8 years ago on PM warns of high cost of hurricane recovery
PM warns of high cost of hurricane recovery
Comrades! The PM promised that his government would put aside politics to get on with the recovery that resulted from the aftermath of hurricane Matthew. Sounded good, right? But then the PM within hours announces that he has appointed Shane Gibson as his head coordinator of the estimated the $300 million hurricane relief efforts at the government level.
PM is this your way to assure the people that the business of the nation's relief efforts have been placed under the most capable hands, or is it just normal PLP trash talk, again with the appointment of same old "no proof of them having changed a damn bit' members of the PLP's 2002-2007 government's days?
Aren't the 600 workers at Sandals, still waiting for news to reach the ministry of labour's offices that their paychecks were yanked from under them by the owner of Sandals?
ThisIsOurs 8 years ago on PM warns of high cost of hurricane recovery
PM warns of high cost of hurricane recovery
The stipulation that the donations be made to NEMA is a simply an attempt at creating another massive pie, just like VAT and NIB. They could have just as easily given a list of approved organizations as John indicated. Head Knowles has proven itself more than capable. It would take little effort for them to produce an official document showing a wire transfer and audited records regarding distribution.
It also looks like an attempt at glory hogging before the election, there was no need to put a government minister in charge, absolutely none. A private citizen could have been appointed to the role. The appointment of this individual is so ludicrous, when a relative told me about it, I asked them if they were sure they'd understood what was said. I literally couldn't believe it and really didn't believe it until I read the news article for myself some hours later.
I hope organizations weigh the danger of giving money and supplies to this government, versus donating to reputable charitable organizations and the scales come out in favour of donations actually being used to help people versus a 10% rebate.
Well_mudda_take_sic 8 years, 1 month ago on LIVE UPDATES: HURRICANE MATTHEW - St Andrew's school to open Wednesday, QC on Monday
LIVE UPDATES: HURRICANE MATTHEW - St Andrew's school to open Wednesday, QC on Monday
We can only hope dum Alfred Gray and a few others like him decide to ride out Matthew in a low lying cave!
sheeprunner12 8 years ago on LIVE UPDATES: HURRICANE MATTHEW - St Andrew's school to open Wednesday, QC on Monday
LIVE UPDATES: HURRICANE MATTHEW - St Andrew's school to open Wednesday, QC on Monday
My dear Alex ............. do not blow a fuse over my comments ......... I trust you are "politically exposed" to get some of the pork that the PLP politicians will give out to their cronies in the coming weeks and months under the disguise of hurricane restoration .............. and yes, I agree that we must all be our neighbours' keepers (that is the Long Island way)
BTW: there will be no loop as previously forecasted
ThisIsOurs 8 years ago on LIVE UPDATES: HURRICANE MATTHEW - St Andrew's school to open Wednesday, QC on Monday
LIVE UPDATES: HURRICANE MATTHEW - St Andrew's school to open Wednesday, QC on Monday
To all international bodies, NGO's, local corporate organizations and private citizens, please be remember that "bald headed" Ray Nagen, who cried at the utter devastation he witnessed in Hurticane Katrina, is now serving prison time for being the money grabbing weasel that he was. Please be mindful that people who extort money from contracts don't care what type of contracts they extort money from, they have no conscience, it's always about getting money in their pockets. Be careful who you give money to for any humanitarian effort surrounding this hurricane. Make sure you put your checks in place to review how your donations are spent and to insure you get value for dollar. These people are lechers and thieves
OMG 8 years, 1 month ago on LIVE UPDATES: HURRICANE MATTHEW - St Andrew's school to open Wednesday, QC on Monday
LIVE UPDATES: HURRICANE MATTHEW - St Andrew's school to open Wednesday, QC on Monday
Bet they wished they had saved the 10 million wasted on carnival for damage that Mathew will create.
sheeprunner12 8 years ago on LIVE UPDATES: HURRICANE MATTHEW - St Andrew's school to open Wednesday, QC on Monday
LIVE UPDATES: HURRICANE MATTHEW - St Andrew's school to open Wednesday, QC on Monday
Three hours press conference last night ................. now what??????? ......... Has Perry call the Cubans, Mexicans, Brits, Canadians, Yankees and off course the Chinese begging for cash or kind yet????? ................ he has not accounted for the Joaquin donations yet, but says that he has spent $100 million in those SE islands ........ JOKES!!!!!!!!!!! #noaccountabilityPLP
John 8 years ago on Insurers: Matthew loss ‘could exceed’ $400m
Insurers: Matthew loss ‘could exceed’ $400m
While the insured property owners prepare to do battle with insurance companies there are hundreds of uninsured home owners who must now do battle with themselves and their pockets for not having insurance. The south end of New Providence is really devastated and one can imagine Andros and Grand Bahama. These are most likely the areas where people do not have insurance. And many of them in West End having just recently come out of storms were in the process of rebuilding.
ThisIsOurs 8 years ago on PM denounces criticism by FNM leader as ‘idiotic’
PM denounces criticism by FNM leader as ‘idiotic’
A crook will always be a crook, because they don't see nothing wrong with crookin'.
SP 8 years ago on Izmirlian: I’ll pay more to buy back Baha Mar
Izmirlian: I’ll pay more to buy back Baha Mar
.......................................... This Should Be Headline News!! ...........................................
SARKIS Izmirlian as the original developer has the insight and best chance to make Baha Mar successful.
Mr. Izmirilian has proven beyond all doubt to be GOOD FOR THE BAHAMAS and Bahamians have tremendous respect for him.
We certainly do NOT want a Chinese owner!!
Honestman 8 years ago on Izmirlian: I’ll pay more to buy back Baha Mar
Izmirlian: I’ll pay more to buy back Baha Mar
Spot on Banker. Sarkis knows he has no chance of getting Baha Mar back and so he can make such an offer safe in the knowledge that it will never be accepted.The PLP / Chinese stich up is complete. End result: China 1 Bahamian people 0
banker 8 years ago on Storm sparks new downgrade fears
Storm sparks new downgrade fears
What John outlines may be somewhat true in a diversified economy. However the economy of the Bahamas is quite monolithic. The billion dollars required to fix Matthew's damages will benefit the Florida building supply companies, the electrical equipment manufacturers, the petro-chemical roofing/paint manufacturers etc. None of these are Bahamian companies, unless Potcake Miller still has his paint company going.
The bottom line is that you are taking a billion out of the economy that could have gone to other things like debt repayment, etc. There is no economic offset or multiplier unless the economic stimulus creates permanent jobs in all of the areas touched by the rebuilding.
There are primary, secondary & tertiary industry offsets. The primary industries are those who cut the wood, drill for oil, and supply the resources. The secondary industries are those who add value to the resources by manufacturing. The tertiary industries either use the output of the primary & secondary industries. In the case of Matthew, it would be the carpenters & roofers etc. Their portion of the economic pie is small, compared to the cut taken by the primary & secondary economic segments.
So sadly, the economic effect of Matthew is unfortunately a drain on the Bahamian economy rather than a stimulus.
In a diversified economy, the economic stimulus is muted because the money that goes into repairs is taken away from being lent out to create new economic streams in business. However if the recovery money is used to re-build more efficient infrastructure, then there is a positive economic offset. It is a dicey gamble at best to count on catastrophe damage as an economic stimulus.
C2B 8 years ago on People’s Republic of China donates $50,000 to NEMA
People’s Republic of China donates $50,000 to NEMA
They know something better than all; this money will be stolen so why give more?
sheeprunner12 8 years, 1 month ago on LIVE UPDATES: HURRICANE MATTHEW - St Andrew's school to open Wednesday, QC on Monday
LIVE UPDATES: HURRICANE MATTHEW - St Andrew's school to open Wednesday, QC on Monday
Hate to say it ......... but I hope yall remember the prophetic messages by the late Myles Munroe ......... it is being fulfilled slowly but surely ................. politically, socially, physically, economically ......... this storm will trigger our final downgrade that will topple this evil PLP empire and a new culture will emerge to deal with a broken country .......... not promising but this is what happens when bad people rule us,