by Rick Lowe
Mrs. Eileen Dupuch Carron calls on the government to account for and explain apparent waste at the National Insurance Board for its new "Executive Chairman".
She tells us:
"Gregory Moss, MP for Marco City, Grand Bahama, who was appointed executive chairman of National Insurance, was the focus of our comments. This appointment raised many eyebrows in the department and much discussion outside, not because of the appointment itself, but because of the extra goodies that apparently now come with it— a 2012 model chauffeur-driven Ford Explorer and a large office at Nassau’s head office, which the department’s CEO has had to vacate for smaller accommodation so that Mr Moss’ status can be reflected. In addition there has been a request for a rented house to accommodate Mr Moss while he is in Nassau to carry out these duties. We have been told that this request has been granted."
She goes on to say:
"The reports now making the rounds is that Mr Moss’s PLP replacement at BEC will receive a salary of $100,000 per annum plus perks."
Read the entire editorial here…
Of course the National Insurance Board is The Bahamas own Social Security system and according to their own actuarial review they will be bankrupt by 2025, if memory serves me correctly, unless serious changes are made, yet they can somehow afford these outrageous expenditures?
We support Mrs. Carron's call for accountability, but do not expect the PLP to do so. They've never been a party that thinks they have to deal with such mundane matters as explaining what they do with the people's money.
I'm reminded of what I termed "Lowe's Law": Politician's spend their careers making laws to keep everyone else accountable and make the average citizen and business play "fair". Yet, they refuse to hold themselves to the same standards.
Will Mr. Christie prove his critics wrong this time or can a leopard change its spots?
Let's hope they change before our fiscal mad house gets totally out of control.
Yet another (blatant) example of ‘fiscal prudence’ I guess?
http://www.weblogbahamas.com/blog_bahamas/2012/08/does-mr-christies-words-instill-confidence-in-you.html
Just another example of “banana republic” politics in the Bahamas where the politicians eat the banana and the people are left only the skin.. The problem is that the people in general have no idea what is being done to them.. When the economy finally implodes from its irresponsible administration, it will be far too late for corrective policy changes.. Debt, deficits from wasteful spending and dollar depreciation will be the undoing of our economy and will result in a massive decline in our standard-of-living..
What is even more distressing is that our politicians in both political parties have no meaningful idea of what they are doing to our overall economy and the severe consequences of their misguided administration of our failing economy.. As has been stated above, lets hope they will change to get the nation’s fiscal house in order before its to late.. Unfortunately time is rapidly running out ..
I don’t like this. It is not fair. Well, if you have a power then you are not afraid to do so and that is one of the personality of the politicians.
Power corrupts, absolute power corrupts absolutely..
Lord Action