As for the current Dunkley’s milk monopoly… imported milk would be cheaper and better, and the shortfall that is bridged with that Filled Milk rubbish could be done away with. I am wondering if the health department has ever run a chemical analysis of what is in Bermuda milk. I know what Round Up did to the frogs; I’m curious what it may be doing to the cows and people who drink local milk.

I see trash pick up deminished and same money in expenditure….but they pick it up… and I think…just be glad your not getting all the govt your paying for….

If you need money.
We need freedom of choice.

Anyone who thinks this is “fiscally prudent” is a moron.

So, you voted for the nastier of the two parties, the one that wants’ to remove rights from some bermudians, the racist, xenophobic and homophobic party, the plp.

You cannot legislate or tax people into being more healthy.

Oh and using up the sinking fund isn’t a bad thing? When this government promised to start paying down the debt as soon as it was voted in? Then broke that promise twice now.

You know what the real problem is? Its us. Entitled Bermudians. Whoever the government of the day is, they have to tread lightly so as not to piss us off, but I’ll tell you something. If we don’t start sacrificing and cutting back eventually the sh*t is going to hit the fan and there will be nothing left for us.

Pee El Pee!! Pee El Pee!! Bermuda for Bermudians!! Hahahahaha!!!

- financial-services tax will be increased on banks and insurance premiums and that “the increased fee on insurance fees would be the obligation of the insurer”. I’d love to see how that will happen.

- tax on foreign currency purchases is also up from 1 per cent to 1.25 per cent. That means that the Bermuda dollar has been further devalued against the US dollar.

- Capital expenditure for the new financial year is estimated to be $64.7 million, $2.5 million higher than last year. That is a 3.85% increase, or an increase nearly double the rate of inflation.

- Government will relax ownership restrictions on condominiums in the North East Hamilton Empowerment Zone in a bid to stimulate the economy. Bermudians do not have enough confidence in our economy to buy those condominiums, so lets hope that ex pats do.

- Government will suspend payments into the sinking fund — the fund into which money is set aside for paying down debt. We are going to spend all the money we get in and we are not going to save for when we have to pay down on our debt.

And how about the assumptions as to how your party got voted back in ?

As a politician this is no surprise, and really, he had very few options given we are saddled with the PLP debt. I think it was arguably as good as we were going to get.

meh.

“Bermuda’s challenge is not solely the need for immigration reform. Bermuda’s challenge is the need for fundamental economic reform. Reform that reduces interest rates, reduces the cost of energy, reduces the cost of health insurance, and  reduces the cost of doing business in Bermuda”

“Fundamental economic reform means that we need to reduce the cost of doing business in Bermuda”

Ummmm but the PLP have not provided any sort of stimulus plan, so…..

He set the expectation that immigration reform has to be tackled, but did it in a guarded way.

Disappointed to see no real commitment to reducing the civil service spend in any significant way. But overall, meh. It was just meh.

He effectively kicked the can down the road for another 12 month.

So the wealthy Gibbons family gets a lower payroll tax rate over the new small startup retailers who actually make Bermuda’s retail scene fun and interesting?!

Sounds backwards to me – it should be the reverse…