Fitch downgrades Bermuda; outlook to negative!
a terrible legacy:By Brian Duperreault SAGE Commission:This year, the Bermuda Post Office is estimated to lose $8.9 million; Marine and Ports, which operates the ferry service, will lose $12.4 million; and Public Transportation, which operates the bus service, will lose $12.9 million. As of March 31, 2012, Government was owed $204 million in taxes and fees...
Bermuda’s financials :For thirty-eight months, between October 2010 and December 2012,the PLP government spent vast amounts of time and energy creating financial untruths
Bda Inc. is BANKRUPT!
We're a banana republic with no bananas !
The chickens of the former PLP Government coming home to roost!.
Government last night rushed through legislation allowing it to borrow an additional $1 billion
saying it needed to act quickly before it ran out of funds!
That would have left us with a shortfall of around $70 million,
which meant that we would have been unable to pay essential government
costs such as payroll at the end of the month.”"
The legacy of the former PLP Government coming home to roost!
Another plp disaster!Grand Atlantic halted,BHC can’t afford ‘financial strain’
3000+ houses, apartments, and condos are now vacant.
500 homes on the brink of foreclosure,Banks have repossed many more
60-room four-star fractional hotel, and/or water shuttle, 18-hole golf course,
five adjoining town houses; seven residential lots, and four golf course cottage
Grand Atlantic housing complex could be transformed into tourist accommodation Motel PLP...$40 MILLION wasted on an ugly, big white elephant .with no elevators, no pool, or playground. they wouldn’t even pass code for tourist rental, plus they would compete with small hotels & guest houses who are struggling to survive.
Three dozen face axe at HWP.
BHB to axe eight jobs
Butterfield Bank has cut 8 jobs:Butterfield had offered a total of 56 employees more than nine percent of its Bermuda workforce voluntary early retirement, citing the economic slowdown
This a Monty Python comedy skit ,not the House of Assembly: banana republic plp politrics!Ex con bank robber, Rolf Commissiong as substitute speaker, anarchist ex hotel doorman, and jackass ,derrick burgess trying sabotage speaker Randy Horton
40 years ago today March 1973 : assassinations of Police Chief and Governor
1977, Black Berets Larry Tackly and Erskine “Buck” Burrows were hanged in Bermuda for assassinating the islands’ police chief and governor.murderers were hanged :setting off riots, tourist deaths & "burn baby burn"
Mel Ayton's Assault on Law and Order in Bermuda: book charges the PLP with inviting “radical” speakers to Bermuda to deliver “ideologically-biased versions of black history and culture”
During the 1970s, a black power organization in Bermuda conspired to bring about social change “by any means necessary,” including assassination. This is the first full account of the murders and the Black Beret Cadre, the revolutionary group whose activities resulted in mayhem throughout the island.
those implicated in the incident, include former Attorney General Phil Perinchief, Ottiwell Simmons jr, former Premier Jennifer Smith, Mel Saltus, Bobbie Greene and Charles De Shield.
Lister proud of Wedco legacy: what a pile of ignorant BS, Lister has taken the millions he pocketed back to his St Kitts home.Dockyard cannot handle tourist & moving ships from Hamilton has crushed both Bda Tourism & Hamilton.Political parasite Lister,never had a real job in his life,except race pimping for plp thieves,the Pigs at the trough, from lining his & his plp pals pockets to the Heritage Wharf fiasco, OBA is now studying legal action against contractors Correia Construction:
Legal action against contractors Correia Construction: This is just the TIP of the iceberg of Ewart Brown's corruption,PAY-TO-PLAY kickbacks,looting & thievery by the plp since 1998
PLP=‘PRIVATE PROFIT MACHINE’:When is Erat brown & plp thieves going to be jailed for their 14 yrs of thievery & corruption?
Erat brown's pal Former Detroit Mayor Kwame Kilpatrick,was convicted today of a raft of crimes, including racketeering conspiracy, which carries a maximum punishment of 20 years behind bars. He was portrayed during a five-month trial as an unscrupulous politician who took bribes, rigged contracts and lived far beyond his meanswhile in office until fall 2008.More corruption!! Grand Atlantic plans mysteriously disappear
This is the BIU/PLP game plan, Create chaos, a General Strike.Force an election, desperate to bring BIU/PLP back to power.
WILDCAT STRIKE Marine & Ports staff shut down ferrys."Christ Furbert sabotaging Bda Inc. yet again, it’s not just tourists & locals, Marine & Ports staff are some of the laziest do nothing parasites on TAXPAYER'S PAYROLL .Stop the complaining and get to work! privatize public transportation!! .plp-BIU race baiting & strikes have murdered tourism,CEO's & investors are watching, keep stirring the pot, and even More IB will disappear, with good paying jobs.
Jefferis wins Hotel of the Year award : then this slimy crook, John Jefferis can pay back Bda taxpayer's for millions he & his plp pals ripped from Bda Inc. Coco Reef Corrupt-Pay-to-play payoff robs Taxpayer's AGAIN !!!!
Threats to free speech legislation against attacks behind pseudonyms on blogs, talk radio and in newspapers.
So much for truth about race .What's next burning books & newspapers?
OBA are a new govt. and want to STAY in power, they will pander to the race pimps & ensure it remains a profitable cottage industry The Plp-BIU's vindictive,spiteful race baiting & strikes have murdered tourism, and destroyed Bermuda ! CEO's & investors are watching, keep stirring the pot, and even More IB will disappear,Bda Inc. will end up bankrupt same as Jamaica, & Detroit !
Ombudsman to investigate City Hall!OBA will need to bring in UK forensic auditors & a Royal Commission, to dig through the past 15 yrs. of plp corruption. Deputy Mayor,Donal Smith, Erat’s cousin, who now want to pay themselves hugh salaries,now refuses to co operate with Ombudsman!
Controversial Healthcare Partners Ltd could be dissolved soon, The Royal Gazette has blocked comments, again ,from fear of Erat Brown using legal system to prevent the truth about his & plp institutionalized corruption.Another reason the Scotland Yard & a Royal Commision inquiry of corruption need to begin digging into Erat Brown & Bda Hospital Board finances.
plp achieved what the Black Beret revolutionaries of 60s did not do:they stole,raped,pillaged Bda Inc. into bankruptcy!
Bean overruled DAB in favour of PLP colleague, PLP Senator Marc Daniels ,who was granted Planning permission for a five-storey, Apt block, on protected land
Deputy Mayor Donal Smith ,Erat brown’s cousin, & front man (AKA Mayor in waiting, once they get rid of Graham Outerbridge) another racist carpetbagger who lined his pockets under plp- Erat brown era, getting under the table contract for govt services, TCD emissions company bldg. etc. He is a Trojan horse, for Erat brown’s friends & family to erect a gambling casino in Hamilton. The Ombudsman is investigating, but that’s not enough. What’s needed is for UK to send Scotland Yard to uncover 15 yrs. of plp entrenched corruption, that has ruined Bda Inc.
fitness studio Curves,goes out biz,another victim of plp term limit suicide.number of jobs on the Island has fallen from around 40,000 to 35,000 in the last five years!
PLP's legacy: 'A bloated budget, thousands of jobless, unsafe neighbourhoods'
Premier Craig Cannonier we were close to not being able to pay our bills as a Government – this is something we inherited.: Frightening what's been happening to our economy':
S&P revises Bermuda’s outlook to ‘negative’Bermuda’s credit rating could be downgraded should the Island fail to turn its economy around.
2,000 jobs lost last year.
Bermuda’s unemployment rate has almost doubled in the past three years: but the Actual rate has to be double this estimate ,at least 20-25% ! Debtors’ cars ,Taxis,motorbikes parked in compounds around the island seized by banks
Bermuda in 'dire financial position' (SAGE) Commission chairman Brian Duperreault
Charity sees more people struggling to pay bills...but Ewart brown the "former thief in charge" who led the looting rape & bankruptcy of Bda. Inc. wins African Diaspora award
After14 yrs of plp looting & pillaging , Bda inc. is left bankrupt! Bermuda's money supply is falling as prices go up, STAGFLATION has a strangle hold on us. More & more small biz are closing , next yr. when KEMH finishes there will be NO WORK for construction trades!
Ewart Brown sends racist slur to businessinsider reporter !the former "Thief in charge" attempts to divert world attention from new OBA govt. & Breakaway arrival , good timing Erat,the Carpetbagger who get away with stealing millions & bankrupting Bda Inc. tries to sink Tourism revival!
Now l’ll pimp liar & thief; Zane DeSilva ,tries to upstage positive surge of OBA, in completing Heritage Wharf on schedule, fixing the plp mistakes, corruption & incompetence replacing their mess with good governance
The UK has made it clear that the Uighurs are Bermuda's problem to solve. Erat is grinning, after he created a problem, then dumped it on the OBA to sort it,while he & PLP retire wealthy & satisfied leaving the Island in a mess, after filling their "snouts" at the TAXPAYER’S trough!!
Bermuda’s crime/ gang crisis is due to failure of black leadership,plp,churches,& families, don’t blame IB,slavery,schools,regiment,courts,judge
The failure of black leadership, Farrakhan, & other con men, who plp invited here to stir up hatred & distract from their looting the treasury
New York City Mayor Mike Bloomberg "new OBA Government in Bermuda is like night and day."
Ignoring the elephant for the mosquito: Bermuda’s public debt ! at least $171 million annual interest charges.
Corrupt Hospital scam set up by plp & Erat Brown to be scrapped!Bermuda Health Advocacy Group accused hospital bosses of trying to sweep previous controversial decisions and practices under the carpet...$175,000 review of the Island’s hospitals has been branded a complete waste of money !
The big ugly facts of debt spending:Huge increases are on the way with payment due on the hospital in 2014.Government will borrow 31c out of every dollar ,will soon balloon to 40c ,it predicts no real growth in revenue in 2014, BUT there will still be at least a $27 million jump in Government’s overall costs.This insanely high level of borrowing began nine years ago in 2004. Unchecked and unstopped, it’s now dangerously high.
BIU_plp continue to sabotage OBA & the economy:arriving yacht crews felt ‘unwelcomed’
When pigs fly over the sound ! Morgan’s Point resort first phase could open in 2016:for some background:How plp gov't communists & shakdown artists destroyed Bermuda tourismBermuda author Don Grearson USS Bermuda – The Rise and Fall of an American Base : The meeting where the Morgan's Point dream died ...
Dire warning that pension crisis could sink Bermuda:Government's own pension is underfunded by over a billion dollars.Gov’t spending must fall for OBA’s plan to work