About TheReal242

The Times that Be, According to Me. My perspective on current events in our country - Unbought, Unbossed and Unequivocally Unafraid.

Price Gouging Ahead of VAT

OURMONEYPRICE GOUGING is absolutely happening right now in our grocery stores. And I did not say stores are already increasing prices by 7.5%, which is the VAT rate. I said PRICE GOUGING, where the markup on some grocery items is as much as 40% in the last few weeks. I was at a store just now and a fresh fruit item (which is duty-free and has been for years) and is usually priced around $7.00 is now on the shelf at almost TEN DOLLARS ($9.49 to be exact). An only 7.5% increase (VAT rate) would cause the price to go from $7.00 to $7.53. To go from $7.00 to $9.49 is A 35.5% INCREASE IN PRICE ON A DUTY FREE ITEM BEFORE VAT HAS EVEN BEEN ADDED. At another store, a pack of peas which has always been priced at around $5 is now around $7.50 – again, a 35.7% INCREASE in price. This is not VAT, this is PRICE GOUGING AHEAD OF VAT. Continue reading

Bahamas – Make Sure You Know Who Should Be Charging You VAT And Who Should Not As Of January 1

VATINFOThe government is required by law (the VAT Act) to generate and publish a list of all businesses that have registered for VAT, and this list by law must be kept current and made readily accessible to the public at all times. This list lets you know which businesses should be charging VAT. When a business is registered, it is to charge you 7.5% VAT on all goods and relevant services which it must turn over to the government in full. If a business is not registered but it is charging you VAT, that means it would be collecting that extra tax money from you with no arrangement to turn that money over to the government (and it can then just pocket the money if it chooses to). IN OTHER WORDS, IF A BUSINESS IS NOT REGISTERED FOR VAT, IT SHOULD NOT BE CHARGING YOU VAT. Here is the link on the Government’s Official Website to the list of businesses that have registered thus far. Continue reading

With Corruption & Lawbreaking, Everybody Ultimately Pays

numbersHow do you know you are in The Bahamas? When a government Minister can tell the public that even though the new Gaming Act mandates the issuance of gaming licenses to legally conduct numbers house operations in The Bahamas, the government will permit numbers houses to conduct gaming without the gaming licenses required by law. So for everyone in this country right now who has a business license and you’re behind on your fees or you want to run a business but you don’t have a licence – the government should not come around your head or try to close down your business claiming you are in breach of the law, now that a Cabinet Minister has announced that you can operate a gaming house in this country without a gaming license. What’s good for the gaming houses should be good for all businesses. If they don’t need a license though the law says they do, then it should be open season for all businesses. Continue reading

This Isn’t Immigration Reform, This Is “Fix My Image” And “Mess With Your Head” Reform. Follow The Money

STOPLAYINGGAMESI did laugh when the government said this week that THE BUDGET FOR REPATRIATING ILLEGAL IMMIGRANTS IS ALMOST FINISHED ALREADY. Did some people think I was making up stories when I pointed out to the nation on Monday that the government CUT ITS 2014/2015 REPATRIATION BUDGET THIS YEAR BY ALMOST 60%? This year’s Repatriation Budget under the Department of Immigration (Recurrent Budget Head 30) was slashed by $700,000, taking it down to $500,000 from the $1.2 million that was budgeted last year. In the entire Immigration Department’s budget, repatriations took the single largest cut. And don’t let them tell you they cut the budget because money is tight – they INCREASED their recurrent budget allocations for OTHER THINGS this year by $49 million total. Why couldn’t some of that extra $49 million go to increasing the Repatriation and Detention Center budgets if this was TRULY a national reform plan by the government? Continue reading

VAT – Remember That?

VATINFOJANUARY 1 IS NOW ONLY WEEKS AWAY and the government, businesses nor the country are ready for VAT – but since the government is in preparatory pre-election-campaign mode (oh, yall didn’t know that hey?), I suppose we will see what happens especially since most businesses have yet to register for VAT. The government is curiously calm about such a thing given the fact that VAT is supposed to begin in weeks, wouldn’t you say? Businesses are the initial tax collectors of VAT. After they collect VAT from us on goods and services we purchase, they then are to turn the VAT money over to the government. If businesses don’t register to charge and collect VAT, the government has no VAT revenue to get – so the government should be in high gear getting businesses registered. That should be their biggest public campaign right now, but it’s not. Ask yourself why. Continue reading

This Immigration Charade Is Exactly That – A Political Charade Designed To Appease, Distract And Deceive

WAKEUP#1 – YOU WANT REAL EVIDENCE OF WHAT A CHARADE THIS IS? If the government planned to send droves of illegal migrants back home this year, WHY DID THEY CUT THE BUDGET FOR REPATRIATION THIS YEAR BY $700,000, DOWN TO $500,000 FROM THE $1.2 MILLION THAT WAS BUDGETED THE YEAR BEFORE? Think Bahamas, THINK! Repatriation costs MONEY. If this was your plan, the budget should have been INCREASED, not CUT by $700,000! That’s an over 58 PERCENT CUT in the repatriation budget this year. You supposedly planned this as a government so as to start to “fix” The Bahamas, yet you cut the budget to do so by over HALF, even though you increased recurrent expenditure in the budget for other things this year by $49 million? Continue reading

(VIDEO) Bahamas, Were You Not Warned Against Being So Easily Deceived?

(Video Date: January 2014)


As much as Bahamians are making noise about the current government, the government (with aid of the mainstream media) is doing a very good job of playing on your emotions, using your fears, your prejudices, your biases and your lack of knowledge and information to get you stirred up and distracted while they continue to plunder the country and Treasury, and while your standard of living continues to decline and you can barely afford meat and bread. Continue reading

You Want To Know Where We Are Headed? Look At Our Priorities

WAKEUPStart a topic about our favorite politician, the latest gossip or material things, and we can go on and on and never get tired. Start a topic about education and personal responsibility, and we consider such topics to be boring.

Call a political rally, and Bahamians by the thousands grab the color of their choice and head out to party with their Party. Call a community awareness event – who shows up? Call a parent-teacher conference at schools – how many parents attend? Continue reading

What Is The Status Of Determining The Identity Of The Man Who Died In Police Custody Over Two Weeks Ago?

WhatsGoingOnOn Saturday, September 27, a man reportedly died while in police custody at the Wulff Road Police Station. After initially refusing to do so, the Commissioner of Police spoke for the first time on the matter five days later (October 2), saying the Force did not yet have or know the man’s identity, and that the Force would need to get permission to “clean up his face” so that a picture of him could be taken and issued in the hopes that someone who knows him may come forward and identify him. It is now October 13 – eleven days since the Commissioner said that photo would be issued, and over two weeks since the man died in police custody. Since the Commissioner says the Force has no idea who the man is, we can assume the man had no criminal record or was not known to Police. Why has the man’s photo not yet been released to the public in furtherance of determining his identity? Continue reading

MONEY ALERT: Did You Catch This With The $16 Million The Gov’t Claims It Needs To Borrow For The College Of The Bahamas?

OURMONEYToday (Monday), the government announced that it needs to borrow $16 million above the expenditure just approved in June for the 2014/2015 Budget, to upgrade COB. Two issues. Issue #1- if the government was interested in upgrading COB by millions, why did it cut $6.7 million in Recurrent Expenditure from COB’s annual Budget over the last two budget years? When did the government suddenly remember that COB was on a path to becoming a University, having taken close to $7 million in two years away from COB, causing student tuition and fees to increase, among other challenges? Issue #2 – In this year’s Budget under Capital Expenditure (expenses for buildings, projects, etc), $4 million in a brand new allocation is earmarked for COB reform (Head 38). Now. If $4 million in new funds is already allocated for COB reform under Capital Expenditure – why is another $16 million being borrowed for COB reform? The government is already borrowing $343 million this budget year. Why can’t the $16 million the government suddenly remembers it needs for COB be taken from that huge sum of borrowing already approved by Parliament in June? Continue reading