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	<title>Comments on: OBA Senator &amp; PLP On Pre-Budget Report</title>
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	<item>
		<title>By: X oba Voter</title>
		<link>https://bernews.com/2024/12/oba-senator-plp-on-pre-budget-report/#comment-5972410</link>
		<dc:creator><![CDATA[X oba Voter]]></dc:creator>
		<pubDate>Mon, 23 Dec 2024 23:46:31 +0000</pubDate>
		<guid isPermaLink="false">https://bernews.com/?p=1450853#comment-5972410</guid>
		<description><![CDATA[obaUBP = a white established party that contiunues useing black men and women as surrogates to try and attractg/win black votes.]]></description>
		<content:encoded><![CDATA[<p>obaUBP = a white established party that contiunues useing black men and women as surrogates to try and attractg/win black votes.</p>
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		<title>By: Joe Bloggs</title>
		<link>https://bernews.com/2024/12/oba-senator-plp-on-pre-budget-report/#comment-5972399</link>
		<dc:creator><![CDATA[Joe Bloggs]]></dc:creator>
		<pubDate>Mon, 23 Dec 2024 13:23:13 +0000</pubDate>
		<guid isPermaLink="false">https://bernews.com/?p=1450853#comment-5972399</guid>
		<description><![CDATA[Not all of them. Some of those black surrogate former UBP leaders are now surrogates for the PLP.]]></description>
		<content:encoded><![CDATA[<p>Not all of them. Some of those black surrogate former UBP leaders are now surrogates for the PLP.</p>
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		<title>By: X oba Voter</title>
		<link>https://bernews.com/2024/12/oba-senator-plp-on-pre-budget-report/#comment-5972386</link>
		<dc:creator><![CDATA[X oba Voter]]></dc:creator>
		<pubDate>Mon, 23 Dec 2024 03:39:30 +0000</pubDate>
		<guid isPermaLink="false">https://bernews.com/?p=1450853#comment-5972386</guid>
		<description><![CDATA[Yes the oba is the UBP and all those black surrogates have been placed as leaders for one reason!

TO HELP ATTRACT THE BLACK VOTER. The obaUBP has no other plan.]]></description>
		<content:encoded><![CDATA[<p>Yes the oba is the UBP and all those black surrogates have been placed as leaders for one reason!</p>
<p>TO HELP ATTRACT THE BLACK VOTER. The obaUBP has no other plan.</p>
]]></content:encoded>
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		<title>By: Joe Bloggs</title>
		<link>https://bernews.com/2024/12/oba-senator-plp-on-pre-budget-report/#comment-5972378</link>
		<dc:creator><![CDATA[Joe Bloggs]]></dc:creator>
		<pubDate>Sun, 22 Dec 2024 18:11:21 +0000</pubDate>
		<guid isPermaLink="false">https://bernews.com/?p=1450853#comment-5972378</guid>
		<description><![CDATA[&quot;the UBP had no choice but to changed its name&quot;

No. As I have said so many times, the UBP was dissolved in 2011. Ask PLP MPS Kim Swan and Wayne Furbert about it. They were both leaders of the UBP.

But don&#039;t let facts get in the way of your lies.]]></description>
		<content:encoded><![CDATA[<p>&#8220;the UBP had no choice but to changed its name&#8221;</p>
<p>No. As I have said so many times, the UBP was dissolved in 2011. Ask PLP MPS Kim Swan and Wayne Furbert about it. They were both leaders of the UBP.</p>
<p>But don&#8217;t let facts get in the way of your lies.</p>
]]></content:encoded>
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		<title>By: X oba Voter</title>
		<link>https://bernews.com/2024/12/oba-senator-plp-on-pre-budget-report/#comment-5972298</link>
		<dc:creator><![CDATA[X oba Voter]]></dc:creator>
		<pubDate>Fri, 20 Dec 2024 22:20:37 +0000</pubDate>
		<guid isPermaLink="false">https://bernews.com/?p=1450853#comment-5972298</guid>
		<description><![CDATA[You mean the racist UBP that used black supporters and members as surrogates to attract black votes. Now all those black surrogates have left, and the UBP had no choice but to changed its name. Now the cycle repeats under the circus oba party.]]></description>
		<content:encoded><![CDATA[<p>You mean the racist UBP that used black supporters and members as surrogates to attract black votes. Now all those black surrogates have left, and the UBP had no choice but to changed its name. Now the cycle repeats under the circus oba party.</p>
]]></content:encoded>
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		<title>By: Ringmaster</title>
		<link>https://bernews.com/2024/12/oba-senator-plp-on-pre-budget-report/#comment-5972296</link>
		<dc:creator><![CDATA[Ringmaster]]></dc:creator>
		<pubDate>Fri, 20 Dec 2024 21:43:02 +0000</pubDate>
		<guid isPermaLink="false">https://bernews.com/?p=1450853#comment-5972296</guid>
		<description><![CDATA[Joe, Burt has said we&#039;ll receive $187m in 2025/6 and presumably based on that plenty more in 2026/7 as he says we can pay off $605m in debt that falls due in 2027. 

Despite this, the Tax Commission has said no one knows how much will be paid. I&#039;ll believe them especially as many of the major IB companies have stated in their recent financials they have put aside billions in tax credits to offset against the tax.

I agree with your observation, but maybe enough to cover the costs of the agency set up to collect the tax.]]></description>
		<content:encoded><![CDATA[<p>Joe, Burt has said we&#8217;ll receive $187m in 2025/6 and presumably based on that plenty more in 2026/7 as he says we can pay off $605m in debt that falls due in 2027. </p>
<p>Despite this, the Tax Commission has said no one knows how much will be paid. I&#8217;ll believe them especially as many of the major IB companies have stated in their recent financials they have put aside billions in tax credits to offset against the tax.</p>
<p>I agree with your observation, but maybe enough to cover the costs of the agency set up to collect the tax.</p>
]]></content:encoded>
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		<title>By: Joe Bloggs</title>
		<link>https://bernews.com/2024/12/oba-senator-plp-on-pre-budget-report/#comment-5972289</link>
		<dc:creator><![CDATA[Joe Bloggs]]></dc:creator>
		<pubDate>Fri, 20 Dec 2024 18:23:28 +0000</pubDate>
		<guid isPermaLink="false">https://bernews.com/?p=1450853#comment-5972289</guid>
		<description><![CDATA[Yes, the sinking fund was established by the hated UBP (in 1979) and most recently was earmarked (by the much maligned OBA) as a repository for money saved to pay the principal (not interest, which we pay on a running basis) of our $3.75 BILLION current account debt. 

And then there is the unfunded liability in relation to the superannuation fund that we dare not discuss. That is reported to be in excess of a further $4 BILLION in debt.]]></description>
		<content:encoded><![CDATA[<p>Yes, the sinking fund was established by the hated UBP (in 1979) and most recently was earmarked (by the much maligned OBA) as a repository for money saved to pay the principal (not interest, which we pay on a running basis) of our $3.75 BILLION current account debt. </p>
<p>And then there is the unfunded liability in relation to the superannuation fund that we dare not discuss. That is reported to be in excess of a further $4 BILLION in debt.</p>
]]></content:encoded>
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		<title>By: Triangle Drifter</title>
		<link>https://bernews.com/2024/12/oba-senator-plp-on-pre-budget-report/#comment-5972283</link>
		<dc:creator><![CDATA[Triangle Drifter]]></dc:creator>
		<pubDate>Fri, 20 Dec 2024 17:25:13 +0000</pubDate>
		<guid isPermaLink="false">https://bernews.com/?p=1450853#comment-5972283</guid>
		<description><![CDATA[Correct me if wrong, but I thought that the sinking fund, created by that nasty UBP by the way, was only to be used for dire emergencies such as a devasting hurricane, not day to day expenses. 

The PLP is using it as a piggy bank to be raided at will.

How many millions have quietly been slipped out of that fund and for what purposes?

What happens when that hurricane blasts through taking out one or more of those dilapidated bridges that should have been replaced years ago? Where will the money come from to replace them?

The debt that we have now already costs $3.5M per week in service charges and there are no plans to reduce it.]]></description>
		<content:encoded><![CDATA[<p>Correct me if wrong, but I thought that the sinking fund, created by that nasty UBP by the way, was only to be used for dire emergencies such as a devasting hurricane, not day to day expenses. </p>
<p>The PLP is using it as a piggy bank to be raided at will.</p>
<p>How many millions have quietly been slipped out of that fund and for what purposes?</p>
<p>What happens when that hurricane blasts through taking out one or more of those dilapidated bridges that should have been replaced years ago? Where will the money come from to replace them?</p>
<p>The debt that we have now already costs $3.5M per week in service charges and there are no plans to reduce it.</p>
]]></content:encoded>
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		<title>By: PAC MAN</title>
		<link>https://bernews.com/2024/12/oba-senator-plp-on-pre-budget-report/#comment-5972281</link>
		<dc:creator><![CDATA[PAC MAN]]></dc:creator>
		<pubDate>Fri, 20 Dec 2024 17:14:14 +0000</pubDate>
		<guid isPermaLink="false">https://bernews.com/?p=1450853#comment-5972281</guid>
		<description><![CDATA[THE ROLE OF THE NEWLY ELECTED 

How can a  newly nominated individual  be expected to be  from the onset a voting  politition  from day one?

   Are  some  drawn from the chosen few  who  are expected to  faces up to the monumental task of runing the countries  business having  a massive  over budget while  in  deficit  with the burden  of over expenditure  and inflation?

 Most likely the nominared  do not draw up a budget  for  their own home  finances.

 Does the Government do them selves a disservice by putting an enormous pressure on their chosen candidate.
 or are they expected  to the vote with the flow ? 

 Not many people to day would  want to find them selve to be found in the position having a lack of  job experiance from the on set as a member of the house, where  it is not exactly  where  they  would get on the job experiance and  suffer from public condemnation and criticism, as  being a responsible  head of a Government department .
 
 The position  of legislator and decision maker would be  better served by  business  owners and professionals. 

  The laws are often very complicated  with one word out of place can cost  the tax payers millions .

  Laws  come  with many  consequesces  and penalties in some instances  turning  the legislaters  into the countries jailers .

 Do they really know  how to deal with situation involving  large qantities of money when thing go wrong by over extension.

   It is imposable for one man  be every  thing  to every one  when the people expect more for their taxes .

  Taxes  can  control and  break a family only  once this where the job opportunities are few and far between the Government can nor be exexpected to absorb them all .

 There are many people who feel that they  are left out.
 What have they done wrong ?

  All  polatitions want to be seen to be serving the public requirements,  could  that be an imposable task. 

 Tax releif with in reason could be the only answer .

 Many laws on the books come with side effects that pill is hard to swallow.

  Laws  involving  taxes,  I reference here  in particular  by  funding unnecessary projects in particular.

  I doubt it if the newly  elected get a crash course  in political science.

 The voters are  looking for professionals  who are up to the complicated task of managing this countries business   requiring expertieze an common sense good judgement and vast experiance.

  The last thing to public needs if for the government to do is fail .]]></description>
		<content:encoded><![CDATA[<p>THE ROLE OF THE NEWLY ELECTED </p>
<p>How can a  newly nominated individual  be expected to be  from the onset a voting  politition  from day one?</p>
<p>   Are  some  drawn from the chosen few  who  are expected to  faces up to the monumental task of runing the countries  business having  a massive  over budget while  in  deficit  with the burden  of over expenditure  and inflation?</p>
<p> Most likely the nominared  do not draw up a budget  for  their own home  finances.</p>
<p> Does the Government do them selves a disservice by putting an enormous pressure on their chosen candidate.<br />
 or are they expected  to the vote with the flow ? </p>
<p> Not many people to day would  want to find them selve to be found in the position having a lack of  job experiance from the on set as a member of the house, where  it is not exactly  where  they  would get on the job experiance and  suffer from public condemnation and criticism, as  being a responsible  head of a Government department .</p>
<p> The position  of legislator and decision maker would be  better served by  business  owners and professionals. </p>
<p>  The laws are often very complicated  with one word out of place can cost  the tax payers millions .</p>
<p>  Laws  come  with many  consequesces  and penalties in some instances  turning  the legislaters  into the countries jailers .</p>
<p> Do they really know  how to deal with situation involving  large qantities of money when thing go wrong by over extension.</p>
<p>   It is imposable for one man  be every  thing  to every one  when the people expect more for their taxes .</p>
<p>  Taxes  can  control and  break a family only  once this where the job opportunities are few and far between the Government can nor be exexpected to absorb them all .</p>
<p> There are many people who feel that they  are left out.<br />
 What have they done wrong ?</p>
<p>  All  polatitions want to be seen to be serving the public requirements,  could  that be an imposable task. </p>
<p> Tax releif with in reason could be the only answer .</p>
<p> Many laws on the books come with side effects that pill is hard to swallow.</p>
<p>  Laws  involving  taxes,  I reference here  in particular  by  funding unnecessary projects in particular.</p>
<p>  I doubt it if the newly  elected get a crash course  in political science.</p>
<p> The voters are  looking for professionals  who are up to the complicated task of managing this countries business   requiring expertieze an common sense good judgement and vast experiance.</p>
<p>  The last thing to public needs if for the government to do is fail .</p>
]]></content:encoded>
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		<title>By: Joe Bloggs</title>
		<link>https://bernews.com/2024/12/oba-senator-plp-on-pre-budget-report/#comment-5972269</link>
		<dc:creator><![CDATA[Joe Bloggs]]></dc:creator>
		<pubDate>Fri, 20 Dec 2024 14:05:09 +0000</pubDate>
		<guid isPermaLink="false">https://bernews.com/?p=1450853#comment-5972269</guid>
		<description><![CDATA[&quot;The Corporate Income tax should only be put into projects that generate more annual future income&quot;

What makes you think Bermuda will ever actually realise any Corporate Income Tax?]]></description>
		<content:encoded><![CDATA[<p>&#8220;The Corporate Income tax should only be put into projects that generate more annual future income&#8221;</p>
<p>What makes you think Bermuda will ever actually realise any Corporate Income Tax?</p>
]]></content:encoded>
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		<title>By: Joe Bloggs</title>
		<link>https://bernews.com/2024/12/oba-senator-plp-on-pre-budget-report/#comment-5972264</link>
		<dc:creator><![CDATA[Joe Bloggs]]></dc:creator>
		<pubDate>Fri, 20 Dec 2024 12:38:41 +0000</pubDate>
		<guid isPermaLink="false">https://bernews.com/?p=1450853#comment-5972264</guid>
		<description><![CDATA[&quot;The PLP supports the Government’s decision to use the sinking fund to freeze health insurance premiums for the third consecutive year saving each person $540 annually&quot;

First, what is the difference bwtween the PLP and the Government?

Second, how are we going to pay our $3.75 BILLION current account debt without the money in the sinking fund?]]></description>
		<content:encoded><![CDATA[<p>&#8220;The PLP supports the Government’s decision to use the sinking fund to freeze health insurance premiums for the third consecutive year saving each person $540 annually&#8221;</p>
<p>First, what is the difference bwtween the PLP and the Government?</p>
<p>Second, how are we going to pay our $3.75 BILLION current account debt without the money in the sinking fund?</p>
]]></content:encoded>
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		<title>By: Hmmm</title>
		<link>https://bernews.com/2024/12/oba-senator-plp-on-pre-budget-report/#comment-5972263</link>
		<dc:creator><![CDATA[Hmmm]]></dc:creator>
		<pubDate>Fri, 20 Dec 2024 12:32:17 +0000</pubDate>
		<guid isPermaLink="false">https://bernews.com/?p=1450853#comment-5972263</guid>
		<description><![CDATA[Yep, the PLP and their FAKE balanced budget noise. The PLP are Liars, this is proven time and time again. 

The Corporate Income tax should only be put into projects that generate more annual future income than the annual cost of debt. If they don&#039;t, then pay down the debt. The savings of interest payments from debt repayment the debt are repeatable for eternity.

 If the debt is not paid off the payments of interest we have to pay to foreigners is repeatable for eternity, and we as a country with that burden will always struggle and crumble (don&#039;t let the trinkets and gestures of the PLP (designed to hold onto power) fool you. 

The reliance on International Business tax to pay the bills is a short-term blind and greedy outlook. Things can change at the click of a switch, and international business is gone. Companies already have plans in place.]]></description>
		<content:encoded><![CDATA[<p>Yep, the PLP and their FAKE balanced budget noise. The PLP are Liars, this is proven time and time again. </p>
<p>The Corporate Income tax should only be put into projects that generate more annual future income than the annual cost of debt. If they don&#8217;t, then pay down the debt. The savings of interest payments from debt repayment the debt are repeatable for eternity.</p>
<p> If the debt is not paid off the payments of interest we have to pay to foreigners is repeatable for eternity, and we as a country with that burden will always struggle and crumble (don&#8217;t let the trinkets and gestures of the PLP (designed to hold onto power) fool you. </p>
<p>The reliance on International Business tax to pay the bills is a short-term blind and greedy outlook. Things can change at the click of a switch, and international business is gone. Companies already have plans in place.</p>
]]></content:encoded>
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		<title>By: Jus' Wonderin'</title>
		<link>https://bernews.com/2024/12/oba-senator-plp-on-pre-budget-report/#comment-5972262</link>
		<dc:creator><![CDATA[Jus' Wonderin']]></dc:creator>
		<pubDate>Fri, 20 Dec 2024 12:06:48 +0000</pubDate>
		<guid isPermaLink="false">https://bernews.com/?p=1450853#comment-5972262</guid>
		<description><![CDATA[&quot;While De Couto and the OBA try to cherry-pick the FRP report, this Government will deliver Bermuda’s first budget surplus in 21 years. The PLP supports the Government’s decision to use the sinking fund to freeze health insurance premiums for the third consecutive year saving each person $540 annually&quot;

What a COMPLETE and utter JOKE.  You say in 21 years like that&#039;s a great accomplishment lmfao should be balanced every year!  And saved us $540 what&#039;s that like two bags of groceries at max these days!  Be real you&#039;ve FAILED Bermuda big time and EVERYONE can see it!]]></description>
		<content:encoded><![CDATA[<p>&#8220;While De Couto and the OBA try to cherry-pick the FRP report, this Government will deliver Bermuda’s first budget surplus in 21 years. The PLP supports the Government’s decision to use the sinking fund to freeze health insurance premiums for the third consecutive year saving each person $540 annually&#8221;</p>
<p>What a COMPLETE and utter JOKE.  You say in 21 years like that&#8217;s a great accomplishment lmfao should be balanced every year!  And saved us $540 what&#8217;s that like two bags of groceries at max these days!  Be real you&#8217;ve FAILED Bermuda big time and EVERYONE can see it!</p>
]]></content:encoded>
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		<title>By: Ringmaster</title>
		<link>https://bernews.com/2024/12/oba-senator-plp-on-pre-budget-report/#comment-5972259</link>
		<dc:creator><![CDATA[Ringmaster]]></dc:creator>
		<pubDate>Fri, 20 Dec 2024 10:51:28 +0000</pubDate>
		<guid isPermaLink="false">https://bernews.com/?p=1450853#comment-5972259</guid>
		<description><![CDATA[PLP: this Government will deliver Bermuda’s first budget surplus in 21 years.
Fiscal Report: Only by shifting various expenditures off balance sheet, which they call regrettable, but it&#039;s really false accounting.

PLP: “The OBA doesn’t understand fairness because their policies have never been about helping everyday Bermudians. Their legacy is bad deals and neglect.
Actual: Hard to know where to start, but what about TCD; Louis Browne Evans Building, Global Hue, Port Royal, Grand Atlantic.
Neglect? Just look around Bermuda.]]></description>
		<content:encoded><![CDATA[<p>PLP: this Government will deliver Bermuda’s first budget surplus in 21 years.<br />
Fiscal Report: Only by shifting various expenditures off balance sheet, which they call regrettable, but it&#8217;s really false accounting.</p>
<p>PLP: “The OBA doesn’t understand fairness because their policies have never been about helping everyday Bermudians. Their legacy is bad deals and neglect.<br />
Actual: Hard to know where to start, but what about TCD; Louis Browne Evans Building, Global Hue, Port Royal, Grand Atlantic.<br />
Neglect? Just look around Bermuda.</p>
]]></content:encoded>
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