When do we say 'we are a failed state'

Thursday, November 6, 2014

EDITOR, The Tribune.

The public furore last week when the China State Construction Company purchased the BC is interesting, as one looks at the diminished state of the Bahamas today. Those who wish to complain should take a second look, and consider how much better off this country and its people might be, if we turned the entire country over to the Chinese to run and manage.

The news-media today is a comedy, other than the uncontrollable crime. On Friday John Rolle is bemoaning the very meagre sign up for VAT, (as if he doesn’t understand ) and today we have the Government’s Bank Manager, the Minister of State for Finance and the Prime Minister himself telling the story that John Rolle just doesn’t get.

Just one, of the several Banks in the Bahamas is transferring one hundred million dollars of non-performing Commercial Loans to another Government Corporation. Non-Performing before VAT and ramped up Business License Fees! And Leslie Miller says BEC is too broke to purchase vital generating equipment!

We can’t blame John Rolle really, because the Government itself can’t see that there is no one able to pay additional taxes, and many will fail when they try, and then they will lay off people, further depressing the economy, and they will tell their creditors and bankers “Game Over”.

John Rolle should pick up the nearest stone he can find and squeeze it till blood comes out.

“From the stone – not his hand. “

When do we as a country simply say “we have failed” and “WE ARE A FAILED STATE”?

We should beg the very organized and economically wise Chinese to step in and take over the Government before the IMF does.

They might have more pity on us than the IMF will. The Chinese are not very fond of corruption and tiefin either so that’s a bonus.

The debacle in Hong Kong showed the wisdom of the Chinese when they told Hong Kongites that ignorant people should NOT BE ALLOWED TO VOTE. How ya think we got where we are today. Yeah IGNORANT PEOPLE! Some might say dumb-donkey people.

MONKEEDOO

Nassau,

November 1, 2014.

duppyVAT 9 years, 6 months ago

The Bahamas is struggling but we are far from a "failed state" by international standards. We have ill-advised government spending, a bloated civil service, social challenges, food security problems and a less than dynamic political system ............. but we are in a far better state than many of our neighbours and probably 70% of the countries of the world... check UN stats.