by Christopher D. Lowe
Further to this post... it's Obama and his predecessors in government that created the financial fiasco precisely by giving cheap credit which, even being cheap, many could not repay in the first place.
But, back to home:
I am getting tired of producing in spite of government persecution through happenstance, bureaucracy, and arrogance when I do so knowing that I fund their idiocy including their interference in my business affairs.
I have said to a few Government fixtures, "Either you tax me, hassle me, or beg from me, but not all three".
They have been doing all three for decades, and somehow we have continued to exist in business in spite of them, but in this current economic climate, when they are promising the Bahamian version of the Muslim promise of 72 virgins, that is for some of us being paid not to work, I don't think Bahamian business can or will survive precisely for the reason that it is one more thing for us to fund.
I also have no doubt that they will fly in the face of all common sense and pillage at will until nothing is left of our economy.
Case in point? Watch the duty rates increase July 1st. Although, I'm sure they will speak only of decreases, just like last time.
A bit harsh? Time will tell, but I will be wrong only if a miracle happens, because the odds are a trillion to one against them having any beneficial ideas or programs, nor will they allow us to breath, never mind help.
Will they honestly come and ask for our help?
I suppose not, after all, all we know how to do is succeed at making money, marketing, growth, expansion, employing people, innovation, investment, operational efficiency,yadda yadda yadda.
They better pray for one thing though: They better pray businesses don't stop all the above. And there are thoughts of doing so.
