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Oct 5, 2010

Should $50 Million SSB pension fund be used to buy Telemedia shares?

Tonight’s question is: The money from the sale of shares in Telemedia will go for compensation to the previous owners of the company; do you support the investment of fifty million dollars from SSB pension funds to buy the shares? Send your comments and responses using your SMART phones to 8686 or post your vote on our e-poll at channel5belize.com. You can also send an email with your comments to questions@channel5belize.com.


Viewers please note: This Internet newscast is a verbatim transcript of our evening television newscast. Where speakers use Kriol, we attempt to faithfully reproduce the quotes using a standard spelling system.

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8 Responses for “Should $50 Million SSB pension fund be used to buy Telemedia shares?”

  1. Earl Grey says:

    HELL NO!!!!!!!!!!!!!!!!!!!

  2. NINA says:

    IS THIS GOVERNMENT RETARDED OR WHAT. WHAT THE HELL HAPPEN TO HONORABLE WHEEL BARROW. HOW HE THINK HE WILL TAKE THE PEOPLE’S MONEY AN DO AS HE PLEASE, PUT IT IN AN INVESTMENT THAT HIS FAMILY SITS ON THE BOARD OF DIRECTORS, WHAT KIND OF CROP IS THAT. COME ON BELIZEAN PEOPLE STAND UP….OPEN YOUR EYES

  3. johnpublic says:

    If SSB will be paid back a minimum of $20 Million every year for the next 5 years then YES. But the contract should contain specific persons will be held accountable as far to be penalize as to be fined and confined.

  4. ivan cal says:

    ‘no matta what we say……..EVEN IF WE SAY NO dean “BURROW” will still go ahead and do as he pleases…it is my money,ur money that is being played here and how can we stop him from spending OUR money? WHENEVER WE GET SICK SOCIAL SECURITY TAKES WEEKS FI GIVE BACK OUR BENEFITS AND ITS SOMETHING THAT BELONGS TO US…..YEA ITS A CONFLICT OF INTREST U HAVE LOIS YOUNG ‘BURROW” THERE ALSO SHE IS A HIPOCRITE,SHE IS GETING HIGHLY PAID BY SOCIAL SECURITY\BTL, AND AS LAWYER OF THE BARROW ADMINISTARATION, SO WHAT CAN WE EXPECT FROM HER THAT’S WHAT SHE LIKES-LOVES….MONEY-OUR MONEY’ BY THE TIME DEAN BURROW GOV’T GETS KICKED OUT FROM OFFICE THEY HAVE ALREADY FILLED THEIR POCKETS WITH OUR MONIES. HE WILL TRY TO BRAIN WASH THE NTUCB,CHAMBER OF COMMERCE,SENATORS AND THE WHOLE NATION AND WE ALL KNOW HE IS A LIAD” JUST IMAGINE THE POSSIBILITIES’ THAT’S WHAT HE PROMISED’

  5. El's says:

    How dare GOB want to use our pension fund to buy shares from BTL. Has anyone bothered to ask the SSB staff what they think. They know how strong the fund is and IF SSB can afford to make such a big and risky investment. The staff of SSB has been clamoring for a raise since 2007 and the Board now so wiling to lend such a large amount of money…….how UNFAIR! SSB staff is tired of being disrespected and forgotten……

  6. Roger says:

    No way should SSB invest such a large sum of money……..the unions are too quiet on this issue……….the SSB staff is being disrespected and they should get their raise before any investment is made….

  7. Janet says:

    Why should SSB staff get a raise, they are already getting paid well from our contributions. They have all sorts of benefits that we the ordinary contributors are not entitled to – check and see the size of houses that the staff from SSB build from our contributions as they were entitled to loans. They are also entitled to vacation grants and other perks. SSB needs to invest our monies but not in BTL shares as I can see it will only benefit a few. Maybe they should start assisting with funds for construction of new homes also put some funds in a fix account which will gain interest for certain and we will be sure of a return.

  8. Darius Martinez says:

    Hell noooooooooooooooo, our pension fund is nothing to play with.

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