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Bermuda Budget

Letters to the Editor

"PLP’s path to financial ruin "

November 13, 2012 Dear Sir, Every person who runs a household account knows that if their income stays the same and their expenditure goes up that they can't go on and on borrowing more and more money, because that is the path to financial ruin. Yet ...
Nov 15, 2012
Opinion Writer

"Debt level is downright scary"

Over the last seven years the Government has amassed an incredible and downright scary amount of debt. $1.45 billion is such a large amount that it seems almost fictitious. It is so hard to quantify that we might as well call it a gazillion. To put i...
Nov 14, 2012
Letters to the Editor

"We will become like Greece "

We’ll become like Greece October 31, 2012 Dear Sir, When the PLP came to power in 1998, the debt of our country stood at about $138 million and the current account revenue minus expenses was in surplus. In 2004, Government revenue was $705 million an...
Nov 02, 2012
Politics

"OBA first proposed insurance savings, says Richards"

Sniping over Government’s insurance bill continues between the Progressive Labour Party and the One Bermuda Alliance. In the war of words over who said it first, Shadow Finance Minister Bob Richards countered Premier Paula Cox’s statement that the OB...
Oct 23, 2012
Letters to the Editor

"Nickel and dime-ing Bermuda "

October 17, 2012 Dear Sir, Today, I received by mail a talking watch for a friend of mine who is legally blind. The value of this watch, which was obtained from the Canadian Institute for the Blind, was $14.05. I was told that the duty was $3.51 and ...
Oct 23, 2012
Letters to the Editor

"Lessons from Jersey "

October 15, 2012 Dear Sir, The government keeps trying to comfort Bermudians that our debt as a percentage of economic output (GDP) is much lower than the US and UK. Yes, it is. But it is dangerously arrogant and foolish to take comfort from that. Th...
Oct 18, 2012
Letters to the Editor

"Bermuda’s collapsing infrastructure "

October 13, 2012 Dear Sir, Earlier today I had to drive to Tynes Bay from Warwick, then on to Gorhams in town along Middle/North Shore. As I have not done this drive for some eight months or more, I was shocked to see the very poor condition of the r...
Oct 18, 2012
Other

"Vehicle licensing abuse sparks change"

TCD has limited public access to its online renewal system following abuse by uninsured motorists. Persons must now be covered by Colonial, BF&M, Argus or Freisenbruch-Meyer in order to renew their licences online. All other motorists must visit TCD...
Oct 08, 2012
Letters to the Editor

"Setting an example "

September 23, 2012 Dear Sir, We all know that Paula Cox has overseen expenditure that has been significantly in excess of the revenue received by the Progressive Labour Party Government. I reviewed the Government’s figures and in her eight years as F...
Sep 29, 2012
Letters to the Editor

"How will parties balance budget? "

September 23, 2012 Dear Sir, The Progressive Labour Party wants one thing; to stay in power. The One Bermuda Alliance wants one thing; to gain power. How will they both achieve their goals? From what we have seen so far the PLP will go to any lengths...
Sep 29, 2012
Letters to the Editor

"Ms Cox made a difference - to the budget deficit "

August 29, 2012 Dear Sir, Larry Burchall, whose writings about Bermuda’s financial predicament I find most informative, had an excellent article in the Wednesday edition of the Bermuda Sun this week entitled “Harsh truths about our national finances...
Aug 31, 2012
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