Comments on: OBA Leader: ‘A Bad Deal For Bermuda’

By: Answers

Answers — Mon, 09 May 2022 13:52:59 +0000

The airport was replaced to stimulate the economy and provide jobs for Bermudians.

Regards,
OBA voter/advisor

By: sandgrownan

sandgrownan — Mon, 09 May 2022 12:09:10 +0000

ah…Vance Campbell, the invisible MP. We all know what happened at Morgan’s Point, and the fact is the taxpayer is on the hook because the PLP didn’t think it through. Which should come as no surprise to anyone.

By: Joe Bloggs

Joe Bloggs — Mon, 09 May 2022 11:13:15 +0000

“The airport was replaced because it didn’t meet the US security standards, enacted after 9/11.”

Really? The leaking roof had nothing to do with it? The fact that there were no empty conduits for expansion of communication systems had nothing to do with it?

And since when do American laws apply to Bermuda? If the American’s don’t like what we are doing they can remove Immigration and Customs pre-clearance. The American Government cannot stop Air Canada or British Airways from coming here. And I doubt it could stop any American airline from coming here either.

By: Hey

Hey — Fri, 06 May 2022 21:08:04 +0000

Any payment on the guarantee should have included an equity ownership in the business so Bermuda is not giving away money,

If Burt had a clue, then we would have done this.

The sale of the property should have been conditional on a reopening date. If Burt had a clue we would have done this.

By: Hey

Hey — Fri, 06 May 2022 21:04:04 +0000

@watching if the PLP airport was built we would have borrowed 500 million to build it that is interest of $30 million every year we would be paying, plus we’d have to find the $500 million to pay back.

The costs of running the airport through COVID would have had to be covered with little revenue. So add another 20 million to the 30 million and we are paying $50 million over the last two years.

Bermuda will get the airport at the end of the term

The airport deal was a very good deal. Take off your blinders

By: Toodle-oo

Toodle-oo — Fri, 06 May 2022 20:55:08 +0000

“hundreds of bermudians have gainful employment and able to sustain their families and their expenses.”

Able to do that as a hotel employee ? Those days ended back in the 70′s

By: Kim Smith

Kim Smith — Fri, 06 May 2022 13:41:27 +0000

At the end of the day, the airport will belong to Bermuda… not so with the Gencom/Fairmont Southampton which will belong to Gencom and its shareholders/investors.

By: Kim Smith

Kim Smith — Fri, 06 May 2022 13:39:48 +0000

Here, here!

By: watching

watching — Fri, 06 May 2022 13:38:20 +0000

this narrative makes no sense. the concessions do not create a shortfall as this revenue stream is currently non-existent. right now there are NO revenues from the Fairmont site. Once they invest in the redevelopment then we will see benefits of employment, and investment into our economy. Now, you can say perhaps without the concessions we ‘could’ get 200M, and with them we get less. but guess what, without the investment we get zero. I would rather award the concessions, but have the trade off be that hundreds of bermudians have gainful employment and able to sustain their families and their expenses. But unfortunately the narrative of the OBA and some others have never been to provide opportunities for everyday bermudians.

By: Unbelievable

Unbelievable — Fri, 06 May 2022 13:05:31 +0000

I’m so sick of this PLP. They just don’t have any clue as to what they are doing.

By: Ringmaster

Ringmaster — Fri, 06 May 2022 11:29:43 +0000

These concessions have now created a massive shortfall in Government revenue for years to come. Any new, or revamp, properties will want t least the same concessions. What if SP want to revamp again in 12 years, they will no doubt get another 15 years or close the hotel. Add in the lost revenue when the hotels (hopefully) run well and all the extra income goes to the investors, not the Bermuda taxpayer. Is there a revenue payback guarantee in the deal? The Premier must be a delight to negotiate with. All ego and no financial savvy (as previously shown).

By: saud

saud — Fri, 06 May 2022 11:28:51 +0000

“We should have kept that crumbling old airport to make a first impression on those few visitors now coming to Bermuda”

What visitors?

The airport was replaced because it didn’t meet the US security standards, enacted after 9/11.
We had 20 years after 9/11 to comply…and the OBA was smart enough to comply.
Leaving this to the plp would have left us with no US, Canadian or UK flights.

But you all knew this. lol

By: saud

saud — Fri, 06 May 2022 11:25:50 +0000

Every deal the plp makes is worse than the airport deal.

You only say that because you’re a racist.

By: Blinders

Blinders — Fri, 06 May 2022 11:17:49 +0000

@Joe B. Do you forget they have SELECTIVE memory, eyes n ears that DONT LOOK SELECTIVELY backwards, TOTAL MEMORY LOSS, Single Vision on OTGHER peoples mistakes and the INABILITY to admit they were wrong

By: Joe Bloggs

Joe Bloggs — Fri, 06 May 2022 10:15:25 +0000

“No deal in history has been as bad as the OBA airport deal”

Not giving away Stonington Beach Hotel to become a private money maker for John Jeffries and others, not building the Grand Atlantic to remain empty for over a decade, not giving away St. George Golf Course to St. Regis Hotel, nothing is worse than replacing our dreadful airport with its leaking roof and crumbling infrastructure. We should have kept that crumbling old airport to make a first impression on those few visitors now coming to Bermuda

By: Sandgrownan

Sandgrownan — Fri, 06 May 2022 00:29:15 +0000

Well, you know, apart from the hospital.

By: get real

get real — Fri, 06 May 2022 00:24:18 +0000

@watching get real for cs. your dream world is collapsing around you!

By: Watching

Watching — Thu, 05 May 2022 23:46:21 +0000

No deal in history has been as bad as the OBA airport deal.

By: sick n tired

sick n tired — Thu, 05 May 2022 23:33:06 +0000

Blame blame blame when are we going to get some real Politicians, this 2 party crap is played out like damn children in a kinergarden play ground. Stop the lying the silly ass politics BOTH parties. Time for some real MEN/WOMEN BOTH OF YOU. Y’all represent US not your egos.

By: kevin

kevin — Thu, 05 May 2022 22:50:50 +0000

All well and good the Southampton properties tax relief…what goes now for all who are currently operating and paying ….further concessions pending i see on the horizon