PNM in Gov't(2015-2020)

[hydroep]

What was bad is now good again...because the Pee oN deM doing it...

Elections coming up. Gotta pander to the masses.

[blitz83]

[TriP]

Unc and pnm supporters clash outside parliament

[TriP]

local memes popping up..

[bluefete]

PNM - "Allyuh t'ief, allyuh t'ief, allyuh t'ief."

UNC - "Rowley mus' go, Rowley mus' go, Rowley mus go."



I real love my country, oui!!!!!

[toyolink]

The kind of hostility demonstrated by protestors yesterday (people almost foaming at the mouth) goes beyond the norms for a vibrant democracy, but is more akin to a tribal feud.
It takes very little to move from the scenes portrayed to a physical and brutal attack on each other.
These images are not to far from sectorian conflicts which result in street battles etc.
Those who facilitate or incite this type of behavior may very well create an incident which could result in dire consequences.
The elders who should be exemplars for our 'out-of-control' youth may all take a bow in shame, you have lost the right to pass judgement.
However you want to cut and dice it, we have no respect for each other and possibilities for progress out of backwardness isn't anywhere on the horizon.

[bluefete]

That tells you how many sheep there are in T&T.

I wonder what they were paid for coming out to make noise.

[hydroep]

Times have certainly changed. Not too long ago whenever the Red and Ready crew opened their holes, Yellow supporters would just clam up and move away...so as not to "start anything" nuh.

Not again. More and more it seems like they're standing up to the bullying and making their voices heard.

The sense of frustration in the PNM camp is palpable.

[bluefete]

I still want to know how much the PNM and UNC sheep were paid for coming out and making noise.

[rspann]

They coulda cooperate and both sides chant "allyuh tief".

[ProtonPowder]

That tells you how many sheep there are in T&T.

I wonder what they were paid for coming out to make noise.

I feeling bad for all the children the parents dragging out of school, most times in uniform, to protest for something they are far too inexperience and naive to understand; be it laws, religion, politics or anything of the sort.

You can influence children to argue for whichever side you want, and treat the other side like idiots.

[shake d livin wake d dead]

After that "protest"....it makes you wonder how 2020 would be

[maj. tom]

meanwhile both sides who sitting in the Parliament giggling all the way to the bank.

[sMASH]

^^ ding ding ding ding ding ding... hence why i just want a change,, any change, once is a change from the status quo....
AAANNNYYYY THIIIIINGGGGGGG!!!!

[The_Honourable]

Standard & Poor's credit rating for Trinidad and Tobago stands at BBB+, same as last year but switched from a stable outlook to negative as of April 27th 2018.

S&P Global Overview

- We expect the Republic of Trinidad and Tobago's macroeconomic and external imbalances to persist over the next two years, which will weaken the country's net external asset position.

- Nevertheless, expected fiscal consolidation and sizable government assets will continue to support creditworthiness.

- We are revising our outlook on Trinidad and Tobago to negative from stable and affirming our ratings, including our 'BBB+' long-term sovereign credit rating, on the country.

- The negative outlook incorporates the risks that these imbalances may deplete Trinidad and Tobago's external assets faster than expected, or weaken the effectiveness of monetary policy.

- The outlook further reflects the risks of slower-than-expected fiscal consolidation or institutional reform.

[shake d livin wake d dead]

so we get this downgrade...and as usual shortman must find somebody to take the blame...

[hydroep]

Standard & Poor's credit rating for Trinidad and Tobago stands at BBB+, same as last year but switched from a stable outlook to negative as of April 27th 2018.

S&P Global Overview

- We expect the Republic of Trinidad and Tobago's macroeconomic and external imbalances to persist over the next two years, which will weaken the country's net external asset position.

- Nevertheless, expected fiscal consolidation and sizable government assets will continue to support creditworthiness.

- We are revising our outlook on Trinidad and Tobago to negative from stable and affirming our ratings, including our 'BBB+' long-term sovereign credit rating, on the country.

- The negative outlook incorporates the risks that these imbalances may deplete Trinidad and Tobago's external assets faster than expected, or weaken the effectiveness of monetary policy.

- The outlook further reflects the risks of slower-than-expected fiscal consolidation or institutional reform.

Allyuh know what that means...

[zoom rader]

so we get this downgrade...and as usual shortman must find somebody to take the blame...

Expect more taxes and fines to come

[shake d livin wake d dead]

so we get this downgrade...and as usual shortman must find somebody to take the blame...

Expect more taxes and fines to come

Review coming up....hold on to the smelling salts

[Daran]

so we get this downgrade...and as usual shortman must find somebody to take the blame...

Expect more taxes and fines to come

Review coming up....hold on to the smelling salts

There are only 2 options left for the failing PNM.

1. Devaluation
2. Raise Taxes - Income Tax to 30% and/or VAT to 20%, Alco, MVT etc.

[zoom rader]

so we get this downgrade...and as usual shortman must find somebody to take the blame...

Expect more taxes and fines to come

Review coming up....hold on to the smelling salts

There are only 2 options left for the failing PNM.

1. Devaluation
2. Raise Taxes - Income Tax to 30% and/or VAT to 20%, Alco, MVT etc.

Agreed with No 2, let PNM people suffer more

[Daran]

In all likeliness, they will be devaluing gradually to ~7.5-8 and bringing VAT to 20% since Budget 2016-2017 (1.5 years ago).

The time to this will be in 2018. Any later is" 1) too late, given our economic outlook 2) too close to 2020 election.

[blitz83]

[The_Honourable]

Standard & Poor's credit rating for Trinidad and Tobago stands at BBB+, same as last year but switched from a stable outlook to negative as of April 27th 2018.

S&P Global Overview

- We expect the Republic of Trinidad and Tobago's macroeconomic and external imbalances to persist over the next two years, which will weaken the country's net external asset position.

- Nevertheless, expected fiscal consolidation and sizable government assets will continue to support creditworthiness.

- We are revising our outlook on Trinidad and Tobago to negative from stable and affirming our ratings, including our 'BBB+' long-term sovereign credit rating, on the country.

- The negative outlook incorporates the risks that these imbalances may deplete Trinidad and Tobago's external assets faster than expected, or weaken the effectiveness of monetary policy.

- The outlook further reflects the risks of slower-than-expected fiscal consolidation or institutional reform.

Allyuh know what that means...

It means that our US reserves at central bank are running out much faster than expected. The problem is accelerating as we speak. Until we can earn enough foreign exchange to slow the pace or turn us around, expect the forex issue to get even worse.

[Gladiator]

[hydroep]

Standard & Poor's credit rating for Trinidad and Tobago stands at BBB+, same as last year but switched from a stable outlook to negative as of April 27th 2018.

S&P Global Overview

- We expect the Republic of Trinidad and Tobago's macroeconomic and external imbalances to persist over the next two years, which will weaken the country's net external asset position.

- Nevertheless, expected fiscal consolidation and sizable government assets will continue to support creditworthiness.

- We are revising our outlook on Trinidad and Tobago to negative from stable and affirming our ratings, including our 'BBB+' long-term sovereign credit rating, on the country.

- The negative outlook incorporates the risks that these imbalances may deplete Trinidad and Tobago's external assets faster than expected, or weaken the effectiveness of monetary policy.

- The outlook further reflects the risks of slower-than-expected fiscal consolidation or institutional reform.

Allyuh know what that means...

It means that our US reserves at central bank are running out much faster than expected. The problem is accelerating as we speak. Until we can earn enough foreign exchange to slow the pace or turn us around, expect the forex issue to get even worse.

Ah, thanks. Well petroleum prices are improving but not fast enough to stem the hemorrhage.

The sad thing is they could have managed the situation better by restricting forex use on luxuries: foreign vehicles, foodstuffs etc. Not strictly talking about rationing either. Instruments such as the negative list and disproportionate tax increases were available to dissuade use. And before the free trade cronies get on their high horses these would have been temporary measures just until the country found its footing again.

But say what, food hadda eat...

[shake d livin wake d dead]

Silver fox on point...

I doh think they would devalue the dollar so close to election....if they get another term in office...then yes....

All them other taxes is a high possibility though

[D Diesel Report]

Silver fox on point...

I doh think they would devalue the dollar so close to election....if they get another term in office...then yes....

All them other taxes is a high possibility though

It's the PNM, you'd be surprised. If they smell a split vote in the opposition forces, they going to do like Manning in 2007 and do whatever the hell they want.

Cause they know even with a little 35-40% of the vote, if they get a blessed split vote, they taking home at least 21 seats.

Never underestimate the racist vote. Some people don't care about anything else other than seeing someone of their race and their party in power even if they have nuttin' to get.

[shake d livin wake d dead]

all of a sudden that review looking to be more important than the budget

[De Dragon]

Silver fox on point...

I doh think they would devalue the dollar so close to election....if they get another term in office...then yes....

All them other taxes is a high possibility though

It's the PNM, you'd be surprised. If they smell a split vote in the opposition forces, they going to do like Manning in 2007 and do whatever the hell they want.

Cause they know even with a little 35-40% of the vote, if they get a blessed split vote, they taking home at least 21 seats.

Never underestimate the racist vote. Some people don't care about anything else other than seeing someone of their race and their party in power even if they have nuttin' to get.

That sounds like most of the Red and Ready Crew here on 2NR.