Keep calm carry on pretending you are somewhat intelligent and have a clue.

Can’t argue with irrational people. And you should return to school to further your education on these matters in which it is apparently you sorely lack even a single clue.

How’s that for cookie cutter?

And I keep harping on it but…we wre supposed to get a NEW HOSPITAL which would PAY FOR ITSELF. Now we have a new “WING” and a charity set up to try and help pay for it. All under Dr. Zane, the former health minister….lol

LOL

Do you think they had a choice?

Not they didn’t. They inherited a $350mn deficit with no funds in the bank.

The only other option was to close the budget shortfall by instituting massive cuts to the public purse. And in doing so the economy would have imploded and the pain would have been much different than what we are going through now.

If the PLP retained power you think wouldn’t have needed to borrow more?

So the PLP is directly responsible for the need to borrow that money once the OBA was voted into power. That is the end all and be all of the situtation. So top being disingenous in your claims or educate yourself on Government finances.

Check out http://www.bermuda.io for all your reference needs.

Wait until you see what happens when all those people who put capital into this country and all those landlords who rely on rents and all those Bermudians who are hoping for jobs from the infusion of capital…just like what we already have as a result of the OBA proposal for the Americas Cup..wait until you see how they vote when threatened with the sucking sound that will be heard throughout the land if there’s even a HINT that the PLP regains control…

That sucking sound will be the sound of everything worthwhile going down the drain….and, my friend, maybe we got away with it once…but next time…it ain’t coming back..!!

Talk to me when the OBA starts to even think about politics !!!!

Let me guess promise ‘free’ things and hope for the best?

For one I am glad the OBA are taking the unpopular, tough but necessary decisions to try and salvage the public finances that the PLP mauled and destroyed in the space of 5 years. Your children (i.e. the future) will thank them in teh long run. I am glad that aren’t playing politics and trying to appease everyone for political gain by kicking the proverbial can down the road. The PLP played politics with our finances and look where it got us. And yes despite protestations from some the PLP is 85% responsible for the dire financial position we find ourselves in today. Only partisan zealots would argue teh opposite.

For the first time in a long time a political party is putting Bermuda as a whole first as opposed to themselves. A refreshing change from yesteryear.

So if your beloved PLP regained power, say today, do you think that they would have the ability to do anything differently? As you know arithematic doesn’t care about politics or politicians and neither do the creditors behind the numbers.

Who now complain that the pension isn’t going up – after they got rid of six thousand people who were paying into – you guessed it – the pension.

PLP – go away – absolutely nobody is interested anymore.

It makes no sense. If the OBA was truly anti-Bermudian, they’d at least play nice for one term, win the election and then turn the screws on Bermudians. Why be anti-Bermudian in one term just to lost the next election?

Come on, PLP…you’re reasoning AGAIN is wrong.

They don’t understand, they don’t get it and they think that if they keep saying the same old, same old personal stuff….well, I hope like hell they are wrong.

“All Is Well”

Its laughable when the PLP still want to spend money the Country does not have ! The PLP ARE SO VERY OUT OF TOUCH WITH FINANCE !!!!!!!!

Also, can any PLP representative or supporter explain to me why the previous administration failed to audit the public pension funds for the last 4+ years of their reign (as per the SAGE report)? I believe such inaction simply personifies the gross finacnial mismanagment of the previous Government that has led to the need for austerity to close the inherited $350mn deficit.

It is at this point where we should highlight that the old UBP means of bringing in foreign capital was through business paying wages, taxes and services locally, to which there isn’t an expectation to repay those monies, so they stay in the economy. The PLP borrowing in full effect means that money coming in must eventually leave,and when it does leave, it does so with additional money from our economy through interest rates.

We are not the US, we do not have an industrial base where we can produce exports, we cannot maintain a debt run economy and this is where the PLP failed, the OBA trying to rebuild back the successful model the PLP destroyed through mismanagement is not anti-Bermudian. It will eventually bring us back to the success we once knew only 7 – 18 years ago, but it may take another 5 – 10 years to get us back to that level. We can only hope that should we get there again, the government of the day doesn’t spend it all away again on champagne, first class trips, PR just to maintain the image that we are successful and foreign consultants/businesses. Maybe then, we can provide for our seniors with the dignity and respect they have earned.

It’s the PLP’s job not to understand the truth because if they did they’d never vote for themselves again.

Tax concessions are not new, but the difference is in their impact. The PLP implemented a tax break for employees of restaurants and hotels. That was a real reduction in tax receipts. Tax concessions to hotels to refurbish and build are not a reduction. The tax will be paid by the builders and occupants. That creates a tax increase.