Comments on: Column: “Three Wise Men Came To Bermuda”

By: CFA

CFA — Sat, 19 Dec 2015 17:58:06 +0000

Dear Mr Economist,

A basis point is actually 0.01% it is not 0.001%

So this week’s Fed announcement of a 25 basis point rate hike is actually 0.25% and not 0.0025%

I will leave you now to do the correct math and how we will repay the loan amounts of $800,000,000 borrowed by Minister Richards and the historic $2,200,000,000 geared up by Minister Cox and her predecessors.

Merry Christmas
CFA

By: clearasmud

clearasmud — Sat, 19 Dec 2015 14:52:18 +0000

You might be right except that it appears that all these wise men were asked (paid) to do was opine on their employers actions. They do not appear to have been asked to recommend the best actions to take. They have suggested that taxes need be raised and then we get increased land tax so I too am questioning their credibility.

By: Whiskey Tango Foxtrot

Whiskey Tango Foxtrot — Sat, 19 Dec 2015 10:45:36 +0000

Moneies growing on trees…we need to harvest it!

By: Holy smokes

Holy smokes — Sat, 19 Dec 2015 02:15:29 +0000

Wow. Do we run for cover or row to shore.
Will the people wait till it hits the fan or will they change now?

By: Sickofantz

Sickofantz — Sat, 19 Dec 2015 00:46:50 +0000

Larry sniggers that he has heard that the three fine men were richly rewarded what is his evidence of this? AND what is his purpose to spill the beans like a school girl. Personally I think this was a clear and well written report that Every Bermudian should read.

By: rodney smith

rodney smith — Fri, 18 Dec 2015 22:24:38 +0000

Bob is got $90 million dollars that he doesn’t want to pick up. Waste, theft, low job productivity, and duplication of services are costing us $90 million each year. But we are too afraid to talk to the Civil Servants to get them in line. Bob sees the hole but can’t block it up. With all that hard talk, the OBA will do right by Bermuda, he still can’t do any thing to move the civil service. Bermuda, we are in a bad place .

By: Oh no

Oh no — Fri, 18 Dec 2015 17:12:23 +0000

This is NOT good at all.
We need all hands on deck.
Is the country paying attention to the implications of all of this?
We need more cucumbers or we need to find GOLD fast because the cost of oil is too low for us to even bother to find a thing.
Come on Bermuda. We have got to get going. We must all sacrifice or suffer the consequences.
Thank you Mr. Burchall for making it clear.