What is the PNM's plan for the economy?

[zoom rader]

Wow PNM spent the money that PP saved.

Look out more taxes coming.


On another note, just came back from abroad and customs taxing to the max. Everything on person is going through a fine teeth comb.

[Habit7]

Almost half of the H&S fund is now gone with only 8 months into this administration ... If they blow almost half of the savings in only 8 months of being government, what gonna happen in year 4 and 5?

The HSF has +US$5b in it. They going to use US$385m, which is TT$2.5b.

[De Dragon]

Almost half of the H&S fund is now gone with only 8 months into this administration ... If they blow almost half of the savings in only 8 months of being government, what gonna happen in year 4 and 5?

The HSF has +US$5b in it. They going to use US$385m, which is TT$2.5b.

Yet the most crooked politicians never touched the H&SF






























Well at least until now.

[Habit7]

Almost half of the H&S fund is now gone with only 8 months into this administration ... If they blow almost half of the savings in only 8 months of being government, what gonna happen in year 4 and 5?

The HSF has +US$5b in it. They going to use US$385m, which is TT$2.5b.

Yet the most crooked politicians never touched the H&SF






























Well at least until now.

You cannot access the HSF willy nilly. The country has to be in a particular economic situation. We qualify for that now.

[De Dragon]

Almost half of the H&S fund is now gone with only 8 months into this administration ... If they blow almost half of the savings in only 8 months of being government, what gonna happen in year 4 and 5?

The HSF has +US$5b in it. They going to use US$385m, which is TT$2.5b.

Yet the most crooked politicians never touched the H&SF






























Well at least until now.

You cannot access the HSF willy nilly. The country has to be in a particular economic situation. We qualify for that now.

Stay on point. Educate yourself. Take your foot out of your mouth. There was a period in 2009-2010 fiscal year when the conditions allowed for a drawdown but it was not done.
http://www.google.tt/url?sa=t&rct=j&q=& ... dFk7bDoOAA

[Habit7]

How does that contradict what I just said?

[drchaos]

Ah my bad it's 2.5 billion tt.
Das small money! Carry on folks.
Nothing to see here except excellent fiscal policy.

[De Dragon]

How does that contradict what I just said?

Like you weren't implying that the conditions are so dire now that we have no choice? What caused the rethink in 2009-2010? Why not see what was the reason for not accessing it back then? Then again when you have in Bimbert a man who even failed at his chosen profession doing something that is totally out of his sphere of training and experience, then you go for the easiest way which requires no thought or even attempts at alternatives.

[De Dragon]

Ah my bad it's 2.5 billion tt.
Das small money! Carry on folks.
Nothing to see here except excellent fiscal policy.

Habit7 will spin anything anyway to absolve Rowley, Imbert and the motley gang of an iota of responsibility or accountability.

[Redman]

Almost half of the H&S fund is now gone with only 8 months into this administration ... If they blow almost half of the savings in only 8 months of being government, what gonna happen in year 4 and 5?

The HSF has +US$5b in it. They going to use US$385m, which is TT$2.5b.

Yet the most crooked politicians never touched the H&SF

Well at least until now.

When you chose to run deficits in the presence of record oil prices you dont need to touch the HSF.

You can take 2-3 year financing that comes due 2016 and later.
You can engage your special contractors to do work get it 'certified' and not press for payment until after elections.
How do you get a company to carry 1 B in unpaid works for so long-and they wait until AFTER elections to make noise?
You can pull the SIS version of OAS and let some one else pay the tab.

You really are ignoring the clinical approach that was taken by the past admin.


We in the chit now.

All of the above-as with all previous shenanigans by the PP and PNM,PNM,UNC,PNM et al before them cost US money.
US as in the people.

We are being painted into a corner as a country by those with secular interest.

[Redman]

Stay on point. Educate yourself. Take your foot out of your mouth. There was a period in 2009-2010 fiscal year when the conditions allowed for a drawdown but it was not done.
http://www.google.tt/url?sa=t&rct=j&q=& ... dFk7bDoOAA

and pray tell where were oil and gas prices relative to where they are TODAY and for the last 2 years?

Conditions are entirely different.

[Habit7]

How does that contradict what I just said?

Like you weren't implying that ...

No I wasn't, you don't want me to infer on what you say so don't infer on me.

Ah my bad it's 2.5 billion tt.
Das small money! Carry on folks.
Nothing to see here except excellent fiscal policy.

Habit7 will spin anything anyway to absolve Rowley, Imbert and the motley gang of an iota of responsibility or accountability.

It is not spin, it is correcting the obvious error in currency he made and admitted to.

Spin is staying silent about billions wasted from the Treasury, NGC, Green Fund and Unemployment Fund but making noise for an admin legitimately taking money not to give to a contractor for a project but to give to public servants who are responsible to arrest our crime insurgency.

[neilsingh100]

This drawdown will also inject US$385 million to help meet the shortfall with forex. Things have to be real bad for them to touch the HSF. I hope people in the last government are brought to account for the financial hole they put us in. IMF said they overspent and underinvested. I am yet to figure out how a 43% completed highway, a UWI campus in south, building for a hospital and box drains will earn any foreign exchange.

[drchaos]

"public servants who are responsible to arrest our crime insurgency."

Police and security services cannot arrest our crime problem, its just another spin that the politicians want you to believe. The only way for security services to stop crime would be to create a police state which is where we don't want to be.

Crime is a social problem and which has been fuel by both political parties and their social policies, more so the PNM but still both parties are involved. Only way to solve it would be through social policies.

[De Dragon]

How does that contradict what I just said?

Like you weren't implying that ...

No I wasn't, you don't want me to infer on what you say so don't infer on me.

Ah my bad it's 2.5 billion tt.
Das small money! Carry on folks.
Nothing to see here except excellent fiscal policy.

Habit7 will spin anything anyway to absolve Rowley, Imbert and the motley gang of an iota of responsibility or accountability.

It is not spin, it is correcting the obvious error in currency he made and admitted to.

Spin is staying silent about billions wasted from the Treasury, NGC, Green Fund and Unemployment Fund but making noise for an admin legitimately taking money not to give to a contractor for a project but to give to public servants who are responsible to arrest our crime insurgency.

Look at the last few Budgets and see what proportion of them have gone to National Security. Then come again with a better argument.

[Habit7]

How does that contradict what I just said?

Like you weren't implying that ...

No I wasn't, you don't want me to infer on what you say so don't infer on me.

Ah my bad it's 2.5 billion tt.
Das small money! Carry on folks.
Nothing to see here except excellent fiscal policy.

Habit7 will spin anything anyway to absolve Rowley, Imbert and the motley gang of an iota of responsibility or accountability.

It is not spin, it is correcting the obvious error in currency he made and admitted to.

Spin is staying silent about billions wasted from the Treasury, NGC, Green Fund and Unemployment Fund but making noise for an admin legitimately taking money not to give to a contractor for a project but to give to public servants who are responsible to arrest our crime insurgency.

Look at the last few Budgets and see what proportion of them have gone to National Security. Then come again with a better argument.

What the increasing budget allocation have to do with the fixed salaries set by the CPO?

Do you just try post something just to have the last word or are as uninformed as you appear to be?

[De Dragon]

How does that contradict what I just said?

Like you weren't implying that ...

No I wasn't, you don't want me to infer on what you say so don't infer on me.

Ah my bad it's 2.5 billion tt.
Das small money! Carry on folks.
Nothing to see here except excellent fiscal policy.

Habit7 will spin anything anyway to absolve Rowley, Imbert and the motley gang of an iota of responsibility or accountability.

It is not spin, it is correcting the obvious error in currency he made and admitted to.

Spin is staying silent about billions wasted from the Treasury, NGC, Green Fund and Unemployment Fund but making noise for an admin legitimately taking money not to give to a contractor for a project but to give to public servants who are responsible to arrest our crime insurgency.

Look at the last few Budgets and see what proportion of them have gone to National Security. Then come again with a better argument.

What the increasing budget allocation have to do with the fixed salaries set by the CPO?

Do you just try post something just to have the last word or are as uninformed as you appear to be?

Yes because money is the best motivator Nothing improves morale, pride and working conditions like money You really fail at trying to sound like you have all the answers when in truth and in fact you are ignorant of even the most basic of management concepts.

[zoom rader]

^^^Habit7 not ignorant, he does as he as been told by PNM. PNM ignorant.

[BRZ]

if the previous administration didn't steal so damn much Trinidad would not have been in this position to begin with!

[zoom rader]

if the previous administration didn't steal so damn much Trinidad would not have been in this position to begin with!

What did they steal?
Anyone made Jail for this stealing?

[drchaos]

if the previous administration didn't steal so damn much Trinidad would not have been in this position to begin with!

This is what I call fickle thinking and it's the reason why we are in this situation today. Exactly 5 years ago the PP did this same spin/propaganda about the PNM. Talked about mismanagement and theifing and yet no one made jail or was prosecuted.

People forgot what the pnm did and voted them back into power today after 5 years of the PP doing the same thing.

Stop falling into their trap and free yourself from this pp/pnm mindlessness. Cause they are all the same bunch of jokers.

[zoom rader]

2.5 billion just gone and nothing to show for it.


Meanwhile the PNM Media houses down playing this as usual.

[drchaos]

2.5 billion just gone and nothing to show for it.


Meanwhile the PNM Media houses down playing this as usual.

Nothing to show for it? Let we give them till the end of the month nah and see if we get we money first nah.

[redmanjp]

http://www.trinidadexpress.com/20160605/business/local-stock-market-economy-stumble

Local stock market, economy stumble*

Published on Jun 5, 2016, 10:21 pm AST

[redmanjp]

i wonder what the figures are for this year so far

[zoom rader]

http://www.trinidadexpress.com/20160605/business/local-stock-market-economy-stumble

Local stock market, economy stumble*

Published on Jun 5, 2016, 10:21 pm AST

I now understand what red and ready means negative growth as in the chart above

[jhonnieblue]

Wasn't election Sept 2015? Just noting that most of that negative growth started while the previous govt was in power...just a humble obs.

[bluesclues]

http://www.trinidadexpress.com/20160605/business/local-stock-market-economy-stumble

Local stock market, economy stumble*

Published on Jun 5, 2016, 10:21 pm AST

I now understand what red and ready means negative growth as in the chart above

If that was a trade volume chart, id say that stock was about to get fcuked.

[drchaos]

Don't you guys just love it when a Gov minister is asked for a breakdown of where the money from the HSF is going he refuses to give an answer?

[Allergic2BunnyEars]

Don't you guys just love it when a Gov minister is asked for a breakdown of where the money from the HSF is going he refuses to give an answer?

That is failure.