Debt should be taken against specific projects with a clear view to future benefit. So take out debt to build an apartment complex – with a plan in place to use the sales or rent from that to pay it off in the future – simples.

Debt shouldn’t be used to pay your day to day bills – which is what the PLP are doing with it. Debt REALLY shouldn’t be used to pay your interest bills from past debt.

The beauty of debt, however, is that by the time the proverbial crows come home to roost, Paula will be nowhere near the offices that to pay it. Nor, one imagines, will most of the current PLP power base.

Finally, I hate to make assertions, but given the lack of cohesion, dodging of facts and so forth – isn’t ‘SpecialGirl4U’ just Vance with a new moniker? I’d be very surprised if not.

I’d like to let posters on here know a bit of truth, in case they didn’t know. During a previous election, the PLP PAID foreign consultants to impersonate Bermudians on a youth blog and basically stir the sh*t up. Given the nature of Vance/SG4U etc’s postings I wouldn’t be the least bit surprised if it turns out this is still going on. So please, don’t treat them as an actual Bermudian who wants to discuss facts – you’ll just be disappointed.

Who needs these foreigners anyway? I mean the cruise ship tourists are ok, they buy t-shirts and burgers; but who needs the tax income on million dollar salaries and the money they spend on living here? I wouldn’t want to be able to rent out my property for $15,000, what’s the point? Pay off my mortgage? Send my kids to Harvard? Philanthropy is overrated too. I’d much rather buy $100,000 BMW’s and $20,000 rims. A much more sound investment than my children!

I mean, it’s not like it’s us who’s going to suffer right? We can all swan off to Martha’s Vineyard or Dominican Republic to live in our large estates there. They really appreciate us Bermudians treating their island like one large brothel; after all, it was our ancestors who suffered before so why not subject another people to a subservient existence. The young people will be responsible for paying off any outstanding debt that remains after my plans have been implemented. Thank God for the gangs cause without them, when we went independent we wouldn’t have the weapons to protect ourselves. Come to think of it, why not take a leaf from Somalia’s book and rediscover our piracy heritage. What’s the worst that could happen….

I am well aware of all the things that need to be considered when making one’s decision, but quite frankly, if I went into all the details no one would read my posts, including you, because they’d be incredibly long.

I am not say, nor have I ever said, that the PLP is to blame for the entirety of the situation at hand, what I have been saying is that they have done nothing that has successfully made things better for anyone on this island but themselves, or their friends and family, and they have successfully made things worse.

Yes, the economic climate is different, and they were in power during the change. However, they were completely unprepared and unable to move with things. They seemed to have their own agenda which they stuck to regardless of what was going on in the business and economic climate both worldwide and what would immediately effect our small island.

I will say that there has seemed to be some change since Ms Cox has been in office, but the majority of it has been a knee jerk reactions instead of well thought out plans for Bermuda’s future. This is not a successful way to run any country, which is why I think we need change, both the country and the PLP party as a whole. The same as the UBP needed change when they were voted out. Times have changed, fresh blood and fresh thinking are needed.

I don’t have a problem with Premier’s holding other ministries under their belts. I do have a problem with the Premier holding the Ministry of Finance position. No one person should have the appearance of holding both the power and the purse strings and I don’t care what party is in power, to do so is just plain wrong.

Are there good people in the PLP? Most certainly there are, the same as I am quite certain there are some self serving, wrong minded and incapable people inthe OBA and the UBP. It is the nature of politics, I’m afraid. The problem occurs when the numbers of the incapable and wrong minded outweigh the good, which is the position I believe the PLP are presently in.

Did the UBP have cronyism as well? Yup, you bet they did, and a certain amount of that is to be expected. However, either the UBP we’re exceptional at hiding it or, as I believe, the damage caused, the borderline illegalities, and the outright theft were no where near what has happened within the PLPs reign.

And it’s okay, I understand if you can’t wrap your head around someone actually choosing to vote for the individual candidates and not the party. It seems to be a frighteningly common problem in Bermuda.

Yes, I can say that in all my years of voting, near 30 now, that none of the PLP candidates in the constituency I was in I considered the best at the time. There have been, on a couple of occasions PLP candidates that I would have voted for but they were in other areas. I’m presently in 27 and have lived there for close to 15 years.

The REALITY is the huge debt. That’s not an investment at all – investments pay off in the future. This DEBT will BURDEN BERMUDA’S FUTURE GENERATIONS. Sorry for “shouting” – just trying to get through to you there.

The world outside Bermdua has grasped the need to reduce debt, not increase it when times are hard. Paula and her cohorts should be held to account for the rape of Bermuda’s finances – not just the recent past, but for the unknown future where actual debt $ repayments will be needed to service debt with projections that have been made through a crystal ball. Now that’s what I call “special” if you actually believe that nonsense you wrote.

with such limited choices Bermy is ———d !

can someone lend me $8,000 i need to invest in a trip to new york and a bike to take me to unemployment.

rant over

How could the OBA improve the “instructure” (sic) of Bermuda when they haven’t even been the Gov’t?!

They should have followed the ‘Rule Of Holes:’ When you are in one, quit digging.

1. It would not be sensible to borrow $1,000,000 on a credit card, unsecured on anything, to spend on groceries, travel, parties, cars, and wages for unneeded staff around the house. That’s what we’re doing.

2. Nobody in their right mind would borrow $1,000,000 with the thought “I’ll never be able to pay this back, but it isn’t a problem if I saddle my kids with this huge debt. Never mind the fact that it will keep them in poverty for their entire lives.”