A motion of no confidence..

[Redman]

We are negligible in the oil pricing world, so again while local producers may be reducing production due to depressed oil prices, the likelihood of those prices being depressed for some time again doesn't help us.

That has nothing to do with it.
Production has been dwindling and as per below shown no reaction to price movement of Oil.

The NOC has not enforced work minimums and any measures to grow production....again the oil is there...so what ever your view for the future.. whats the best use of that resource???
Not to use it/sell it?

Oil is at 40...the country pays the producer about 20-25 for a BBL..
The producer then makes his profit etc after paying local content...
So of that WTI 40 USD-30-35 of it REMAINS here.

As opposed to Importing oil at 40-50......(WTI plus shipping)
40-50 of that leaves before the oil hits.

The diversification effort has also been hit a blow as now non-energy items such as cement, new car sales are down by double digit percentages. This malaise will only spread the longer we wait. Trinidad and Tobago has over a century in oil/gas production but it has never helped us to control more of the value chain. We merely settle for royalties and other relatively paltry revenues while the majority goes to the oil companies, and their associated countries and economies.

This is not entirely accurate....the onshore market is largely operated by local content and there is a high % of local ownership .

What you may be thinking is the offshore market-which given the HIGH Capex is largely unreachable for the local entities.

It could be fair to say that every BBL locally produced...yields more than the WTI benchmark-since it enables the previuosly exported USD to stay here...and be injected into the local economy.

[desifemlove]

a few options:

- forget indo/afro/PNM/UNC

- BOTH parties admit that they contributed to this fuck-up.....

- form a plan to diversify the economy. cos this WILL happen again and again and again!

if this means some kind of grand coalition government, so be it.

cos without it, i bet in 25 years time, whoever is PNM PM (Young/Al Rawi?!) or UNC PM (Padarath/Ameen?!) will be balling about who caused recession or who is to blame or this and that and blah blah blah....

[desifemlove]

http://www.forbes.com/sites/jamesconca/ ... 7c190e69ff

no party here has a plan to cope, and really Trump is continuing Bush Jr. and Obama's policy here, but under a different spin.

expect T&T to head to Guyana, Surinam or Haiti living standards soon enough.

[Joshie23]

a few options:

- forget indo/afro/PNM/UNC

- BOTH parties admit that they contributed to this fuck-up.....

- form a plan to diversify the economy. cos this WILL happen again and again and again!

if this means some kind of grand coalition government, so be it.

cos without it, i bet in 25 years time, whoever is PNM PM (Young/Al Rawi?!) or UNC PM (Padarath/Ameen?!) will be balling about who caused recession or who is to blame or this and that and blah blah blah....

Could it be..Desi said something sensible?? The only race comment was actually positive??
The list could go on and on by the way and for some educated people, of late, I can't really find anything good to say about our leaders oui..on both sides..but hey, they get paid, to sit and argue about how to firetruck up our money while arguing about who firetrucked up worse..I think the appropriate cliche is fiddling while Rome burns or something like that?

[desifemlove]

a few options:

- forget indo/afro/PNM/UNC

- BOTH parties admit that they contributed to this fuck-up.....

- form a plan to diversify the economy. cos this WILL happen again and again and again!

if this means some kind of grand coalition government, so be it.

cos without it, i bet in 25 years time, whoever is PNM PM (Young/Al Rawi?!) or UNC PM (Padarath/Ameen?!) will be balling about who caused recession or who is to blame or this and that and blah blah blah....

Could it be..Desi said something sensible?? The only race comment was actually positive??
The list could go on and on by the way and for some educated people, of late, I can't really find anything good to say about our leaders oui..on both sides..but hey, they get paid, to sit and argue about how to firetruck up our money while arguing about who firetrucked up worse..I think the appropriate cliche is fiddling while Rome burns or something like that?

no, over your head usually, like how you post very intelligently about simple sporting stuff.

[Joshie23]

a few options:

- forget indo/afro/PNM/UNC

- BOTH parties admit that they contributed to this fuck-up.....

- form a plan to diversify the economy. cos this WILL happen again and again and again!

if this means some kind of grand coalition government, so be it.

cos without it, i bet in 25 years time, whoever is PNM PM (Young/Al Rawi?!) or UNC PM (Padarath/Ameen?!) will be balling about who caused recession or who is to blame or this and that and blah blah blah....

Could it be..Desi said something sensible?? The only race comment was actually positive??
The list could go on and on by the way and for some educated people, of late, I can't really find anything good to say about our leaders oui..on both sides..but hey, they get paid, to sit and argue about how to firetruck up our money while arguing about who firetrucked up worse..I think the appropriate cliche is fiddling while Rome burns or something like that?

no, over your head usually, like how you post very intelligently about simple sporting stuff.

I gave you a little respect by posting that...

tumblr_n3dfwlPSL11rlo1q2o1_500.jpg (58.23 KiB) Viewed 1491 times

[rspann]

That skrunt so foolish, she didn't even understand what you said.

[desifemlove]

That skrunt so foolish, she didn't even understand what you said.

you so stupid you don't get basic economic issues, as evidenced by your postings...

but yuh leader said rowley embarrassing for having plenty outside chirren, so a lil laugh she give yuh...

[pugboy]

Our first point of call is to be like Jamaica
They ketching they tail decades now

Usd easier to get there since there is parallel currency market as jm$ ain't worth crap

We will have riots if we even have to feel quarter of their hardships
Ask any Jamaican bout their electricity bills etc

http://www.forbes.com/sites/jamesconca/2016/11/10/energy-in-president-trumps-america/#1d7c190e69ff

no party here has a plan to cope, and really Trump is continuing Bush Jr. and Obama's policy here, but under a different spin.

expect T&T to head to Guyana, Surinam or Haiti living standards soon enough.

[rspann]

Who is the skrunt that comes on an ole talk forum to ask for advice? Me?

[eliteauto]

T&T is never going to be like Guyana, Jamaica or Venezuela. No matter how much doom and gloom you people wish on it

[rspann]

T&T is never going to be like Guyana, Jamaica or Venezuela. No matter how much doom and gloom you people wish on it

The people who cry wolf, do it for their own agenda. They condemn and always talk about diversification ,but ask them how to go about it they cannot answer. Most of the time, they say diversification and stop right there, just parroting what they hear somebody else say .

[eliteauto]

truth

[desifemlove]

Who is the skrunt that comes on an ole talk forum to ask for advice? Me?

nah...you're the skrunt who posts sheit about poitical stuff, and not really very smart overall....and is highly presumptive. i knew what he meant, but i don't take kindly to insults. you also have asperger's, since you and yuh buddy nervewrecker expect me to welcome you, and you all insult me all the time. haha... get treated at UWI psych.

[rspann]

Tranny fluid like it need changing .

[jm3]

They need to improve access to facilities such as ibis to promote new business really

[rspann]

You think the accessibility is a big problem? The hustlers who run the show(just like NEDCO) is the problem. Do some investigation and see if you find out what I'm talking about.

[eliteauto]

You think the accessibility is a big problem? The hustlers who run the show(just like NEDCO) is the problem. Do some investigation and see if you find out what I'm talking about.

THIS!!!!! When IBIS was extending their programme with mentorship and loans in April of last year, they said the deadline was March 25th and then quietly extended it and sent the info via email to certain ppl. There are persons who have accessed this, ADB loans and lands, TDC incentives and concessions all to the disadvantage of others. Funnily when the said hustlers are not getting their contracts renewed they are claiming political victimisation now

[rspann]

There is one in NEDCO who offering to make sure you get your finance if he gets a cut. Some people see no other alternative so they pay up, cutting back into the little they getting. The people who are trying to access these programs are often the ones who have no other recourse ,no family , friends ,get blank from the bank etc, and these leeches trying to suck them.Steups.

[rspann]

Oh gad, I now seeing Elite talk about TDC, where people feel that is a fiefdom and they entitled to run it as they see fit. When your application on their desk, is only if you know someone ,it going forward.

[rspann]

As you say, investigate and jail first, the next one in the job will know what time it is.

[bluesclues]

truth

Denial

[De Dragon]

T&T is never going to be like Guyana, Jamaica or Venezuela. No matter how much doom and gloom you people wish on it

The people who cry wolf, do it for their own agenda. They condemn and always talk about diversification ,but ask them how to go about it they cannot answer. Most of the time, they say diversification and stop right there, just parroting what they hear somebody else say .

Not everyone has the experience, knowledge, training or education to make suggestions for diversifying an economy. That is why it is imperative that those that do, know what they are talking about. Sadly, the advisors to Governments seem to either not know, or not have the clout to get it implemented.

[eliteauto]

T&T is never going to be like Guyana, Jamaica or Venezuela. No matter how much doom and gloom you people wish on it

The people who cry wolf, do it for their own agenda. They condemn and always talk about diversification ,but ask them how to go about it they cannot answer. Most of the time, they say diversification and stop right there, just parroting what they hear somebody else say .

Not everyone has the experience, knowledge, training or education to make suggestions for diversifying an economy. That is why it is imperative that those that do, know what they are talking about. Sadly, the advisors to Governments seem to either not know, or not have the clout to get it implemented.

Just like magic the old tuner De Dragon appears, look at how measured and tempered your response was unlike your new normal fiery attacking style. When I was asking the same thing in another thread you couldn't help yourself but label my question as that of:

I'm sorry but you're posting hyperbole. Firstly you say non-capital stimulus is easy then go on to give a completely wrong example, secondly asking for links? Am I to assume you're not following the comments of Mariano Browne in every public seminar and his radio programme? Are you not also listening the Hilaire and the members of EAC? So you're criticising Imbert on vaps (although your criticism is legit). I'm still waiting on you to suggest stimuli, truth be told I expected it to be easy for you considering your posts

Why do you and other PNM defenders here always try to throw this into a discussion? Are Impsbert and Scarfy here on this forum to take suggestions? Don't they have an entire Ministry to advise them? Don't they have a EAB reporting solely to the PM for this?

By your own logic you shouldn't be contributing to any political threads because the PM isn't here, I thought I'd open the discussion because "we" were having a discussion, not because we were trying to advise the Gov't. The problem is too many of us buy into the us and them rhetoric so instead of discussing ideas rationally we rather look to see who saying what and say "well me eh like he cause i feel he issa (insert party) so wha ever he say he on a scene" No wonder "we" don't advance. That is why frauds like BC could post long posts of fluff and ppl here buy into it, when ppl who actually know stuff know is toots he talking because he like the look of his typing. That is why he couldn't and still can't answer my question.

Regarding your last response in this thread; The advisors to the Gov't are knowledgeable, but 2 things are happening 1) the advice is too harsh politically 2) the advice affects the elites too much,
Diversification in Trini sense seems to be always via a capital project route and we simply don't have the money, I personally don't think diversification requires Gov't intervention in anything more that non-capital stimuli a lot of which can be found in already established options, the problem is on one side those in their fiefdoms want to determine who accesses the packages based on race, party affiliation and who know who, on the other side our private sector is lazy and non-innovative, many have made their money via Gov't projects and are unwilling to invest in new methods of income earnings. Even those of us who are investing in non-oil ventures to earn forex are suffering from the circumstances posted above by Spann and me.
If you look at any developed country they don't look to Gov't for everything, they simply facilitate the private sector, here however you also have the rhetoric at work because is you go PPP, you hear "dem is financiers, dem is de Syrians" . Trinis need to make u their damn minds whether they want to move forward and that carries some discomfort and pain today given our circumstances or if they wanna stay still and beyotch and moan about the party in power while hoping for oil recovery and dey party to come back in to do the same crap of the last 40 years. Either way those who have chosen to move forward have learned is hard work regardless of who in power and we moving forward while others tell us we eating grass

[EFFECTIC DESIGNS]

Make no mistake when that Oil and Gas dry up we will end up like Guyana, its only a matter of time and that is the reality. How many Trinis are attempting to innovate a product? start a kickstarter page? and compete with the outside world?

All Trinis I know waiting for Carnival to wine and jam.

[De Dragon]

T&T is never going to be like Guyana, Jamaica or Venezuela. No matter how much doom and gloom you people wish on it

The people who cry wolf, do it for their own agenda. They condemn and always talk about diversification ,but ask them how to go about it they cannot answer. Most of the time, they say diversification and stop right there, just parroting what they hear somebody else say .

Not everyone has the experience, knowledge, training or education to make suggestions for diversifying an economy. That is why it is imperative that those that do, know what they are talking about. Sadly, the advisors to Governments seem to either not know, or not have the clout to get it implemented.

Just like magic the old tuner De Dragon appears, look at how measured and tempered your response was unlike your new normal fiery attacking style. When I was asking the same thing in another thread you couldn't help yourself but label my question as that of:

I'm sorry but you're posting hyperbole. Firstly you say non-capital stimulus is easy then go on to give a completely wrong example, secondly asking for links? Am I to assume you're not following the comments of Mariano Browne in every public seminar and his radio programme? Are you not also listening the Hilaire and the members of EAC? So you're criticising Imbert on vaps (although your criticism is legit). I'm still waiting on you to suggest stimuli, truth be told I expected it to be easy for you considering your posts

Why do you and other PNM defenders here always try to throw this into a discussion? Are Impsbert and Scarfy here on this forum to take suggestions? Don't they have an entire Ministry to advise them? Don't they have a EAB reporting solely to the PM for this?

By your own logic you shouldn't be contributing to any political threads because the PM isn't here, I thought I'd open the discussion because "we" were having a discussion, not because we were trying to advise the Gov't. The problem is too many of us buy into the us and them rhetoric so instead of discussing ideas rationally we rather look to see who saying what and say "well me eh like he cause i feel he issa (insert party) so wha ever he say he on a scene" No wonder "we" don't advance. That is why frauds like BC could post long posts of fluff and ppl here buy into it, when ppl who actually know stuff know is toots he talking because he like the look of his typing. That is why he couldn't and still can't answer my question.

Regarding your last response in this thread; The advisors to the Gov't are knowledgeable, but 2 things are happening 1) the advice is too harsh politically 2) the advice affects the elites too much,
Diversification in Trini sense seems to be always via a capital project route and we simply don't have the money, I personally don't think diversification requires Gov't intervention in anything more that non-capital stimuli a lot of which can be found in already established options, the problem is on one side those in their fiefdoms want to determine who accesses the packages based on race, party affiliation and who know who, on the other side our private sector is lazy and non-innovative, many have made their money via Gov't projects and are unwilling to invest in new methods of income earnings. Even those of us who are investing in non-oil ventures to earn forex are suffering from the circumstances posted above by Spann and me.
If you look at any developed country they don't look to Gov't for everything, they simply facilitate the private sector, here however you also have the rhetoric at work because is you go PPP, you hear "dem is financiers, dem is de Syrians" . Trinis need to make u their damn minds whether they want to move forward and that carries some discomfort and pain today given our circumstances or if they wanna stay still and beyotch and moan about the party in power while hoping for oil recovery and dey party to come back in to do the same crap of the last 40 years. Either way those who have chosen to move forward have learned is hard work regardless of who in power and we moving forward while others tell us we eating grass

I agree, but with no well established alternative means to initiate and support entrepreneurship, the Government programs like NEDCO, ADB are what we are stuck with. The banks and other financial institutions, have to be induced somehow to share this responsibility and thus weed out some of the arseness in access like what was described in some of the other posts above. The banks have gotten fat and lazy yes, but they keep declaring hundreds of millions in profits year after year by playing it safe, and digging out people's eyes with fees, exorbitant interest rates etc.
There needs to be more political support for people who can espouse these ideas, and less support of the same old same old. What is the point of having advisers and not taking their advice? What about levelling with the population and I mean not only words but actions about the tough decisions that need to be made. It is quite useless and self-defeating to speak of "peeling cassava" and "belt tightening" while buying a brand new Benz, or awarding a $145 million dollar contract to your good friend, or having a contemptuous MoF laugh at and mock our restraint in the face of challenges. Why not take a salary cut? Why not take a perks cut? Why not genuinely partner with the Opposition to get things done by consensus? A smart man would realize that half of the population voted for the Opposition, so to make absolute statements about "never taking advice" from them is not smart. All the aggrandizement by BOTH sets of our politicians is heading us to nowhere fast.

[bluesclues]

T&T is never going to be like Guyana, Jamaica or Venezuela. No matter how much doom and gloom you people wish on it

The people who cry wolf, do it for their own agenda. They condemn and always talk about diversification ,but ask them how to go about it they cannot answer. Most of the time, they say diversification and stop right there, just parroting what they hear somebody else say .

Not everyone has the experience, knowledge, training or education to make suggestions for diversifying an economy. That is why it is imperative that those that do, know what they are talking about. Sadly, the advisors to Governments seem to either not know, or not have the clout to get it implemented.

Just like magic the old tuner De Dragon appears, look at how measured and tempered your response was unlike your new normal fiery attacking style. When I was asking the same thing in another thread you couldn't help yourself but label my question as that of:

I'm sorry but you're posting hyperbole. Firstly you say non-capital stimulus is easy then go on to give a completely wrong example, secondly asking for links? Am I to assume you're not following the comments of Mariano Browne in every public seminar and his radio programme? Are you not also listening the Hilaire and the members of EAC? So you're criticising Imbert on vaps (although your criticism is legit). I'm still waiting on you to suggest stimuli, truth be told I expected it to be easy for you considering your posts

Why do you and other PNM defenders here always try to throw this into a discussion? Are Impsbert and Scarfy here on this forum to take suggestions? Don't they have an entire Ministry to advise them? Don't they have a EAB reporting solely to the PM for this?

By your own logic you shouldn't be contributing to any political threads because the PM isn't here, I thought I'd open the discussion because "we" were having a discussion, not because we were trying to advise the Gov't. The problem is too many of us buy into the us and them rhetoric so instead of discussing ideas rationally we rather look to see who saying what and say "well me eh like he cause i feel he issa (insert party) so wha ever he say he on a scene" No wonder "we" don't advance. That is why frauds like BC could post long posts of fluff and ppl here buy into it, when ppl who actually know stuff know is toots he talking because he like the look of his typing. That is why he couldn't and still can't answer my question.

Regarding your last response in this thread; The advisors to the Gov't are knowledgeable, but 2 things are happening 1) the advice is too harsh politically 2) the advice affects the elites too much,
Diversification in Trini sense seems to be always via a capital project route and we simply don't have the money, I personally don't think diversification requires Gov't intervention in anything more that non-capital stimuli a lot of which can be found in already established options, the problem is on one side those in their fiefdoms want to determine who accesses the packages based on race, party affiliation and who know who, on the other side our private sector is lazy and non-innovative, many have made their money via Gov't projects and are unwilling to invest in new methods of income earnings. Even those of us who are investing in non-oil ventures to earn forex are suffering from the circumstances posted above by Spann and me.
If you look at any developed country they don't look to Gov't for everything, they simply facilitate the private sector, here however you also have the rhetoric at work because is you go PPP, you hear "dem is financiers, dem is de Syrians" . Trinis need to make u their damn minds whether they want to move forward and that carries some discomfort and pain today given our circumstances or if they wanna stay still and beyotch and moan about the party in power while hoping for oil recovery and dey party to come back in to do the same crap of the last 40 years. Either way those who have chosen to move forward have learned is hard work regardless of who in power and we moving forward while others tell us we eating grass

Steups. Pal, dont talk shiet for me here eh. To post a very relevant quote... doh call big ppl name unless u can answer big ppl question. Is u who dont understand economic management so u dont know when you read sense.

I am a stand alone leader of the charge in the educational material i post as economic management analysis and advice. I not looking for no supporters to back me before i talk because.. I KNOW IM RIGHT. And i always prove it by making predictions based on the policy WHEN THE POLICY IS IMPLEMENTED.

Just because i dont or refuse to answer your questions doesnt mean i dont know what im talking about. I simply like seeing pnm flounder in their pool of incompetence and vindictive leadership. If they were a more 'listening' government i might have help them. But no, i will not even post my solutions here and detail them out to help the dotish pnm in the chance that they read these tuner comments. I may run in the next 4 years and i am not giving them any ideas. Let them continue along this track because when i get up and say what i have to say on the podium noone in their right mind will vote pnm. I have a very clear understanding of both the overpinning AND underpinnings which dominate not just the running of this country, but the entire world in economic and resource management. I know how this world was built, and because of that, i have the knowledge to edit and rebuild it without going against the grain. Your regular human politicians are no contest to my intellectual power. I told u i have the 7 dragon balls and that is not a figure of speech. Doubt how much u want.

But what's worse is that i can write leagues above the writing performance i display here on tuner, i literally, dumb down my writing so that it isnt perfect, and blatantly and purposely leave imperfections to that cause.. to put it simply... 'this isnt even my final form'. Ive said it once and ill say it again, i can run this country without breaking a sweat.

Imbert and them should be listening to me. But they wont listen, and because of it this country will never be saved. How long i warning allyuh? Bro all my posts on tuner, how many political warnings i placed on here on policy implementation and even give timeframes for the negative effects off the butterfly's back and it come to pass. Like i have to make a post of history to demonstrate BC self praising track record of reading economic indicators?

Anyway look a next long post for you. I hope yuh eye doh hurt yuh to read sense just cuz yuh wah retain some votes for the pnm this local election. I am playing now. I seem irresponsible at times now. But as another saying goes 'i clean up nicely'. And when u see i ready, all competitor dogs dead.

[De Dragon]

^^ You have a style that comes across as smug and condescending. and frankly crazy. I doubt already condescending Impsbert will listen to you even if the chance were to arise.

[bluesclues]

^^ You have a style that comes across as smug and condescending. and frankly crazy. I doubt already condescending Impsbert will listen to you even if the chance were to arise.

I am aware of how it comes across to some or maybe even most. What u should do is just take my words literally. Im not being condescending tho, but i wont allow anyone to attack the reputation ive been building without defending it. For what? A local government election strategy? Trinidad has bigger problems. I go at length to explain my economic analysis and you would be hard pressed to find anyone who can extract a statement i say about the science of economic management and say that it is not true like i can about imbert's defence of the opt ammendment. I know what he trying to do in a spin and if i explain the whole thing to u will tell me... 'is true'.

Find an economist to disagree with any of these statements nah.

1. Gdp growth is driven by consumer economic activity.
2. Gdp growth and recession recovery usually occur and coincide with growth in public savings(whatever policies u making have to facilitate this)
3. Gdp growth is generated by circulation of financial resources(the faster the circulation rate the faster the growth)

On the topic of number 3.

Large companies can only spend so much money before they need more again. Where do they get it? From consumers. So if the money not reaching back to consumers at a fast enough rate where they going to get money from to spend?

Look good allyuh will see where the hole in the bucket is.

[bluesclues]

U want to create an environment that encourages AND facilitates frivolous spending within the local economy. But that frivolous spending mustnt come from the government as some might delude themselves to believe. It has to occur at the consumer level. That is your engine.. give it gas and it will go!

If the pnm want to benefit from my ideas, they will have to work for it. My name is bluesclues after all.