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PNM in Gov't (2020-2025)

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MaxPower
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Re: PNM in Gov't

Postby MaxPower » February 11th, 2021, 10:14 am

sMASH wrote:
MG Man wrote:MaxPower is the kind of guy who takes a sharpie to the polling booth and scribbles 'Nicky Maduro xoxoxoxo' on his polling card
thats pnm 5 years from now. he voting the future pnm in.


Hello sMASH,

Yes, 5 years from now i will be voting for the PNM unless the incompetent and unstable UNC can convince me otherwise.

So far the PNM is a waste of time but it would have been worse under the UNC.

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Re: Re: PNM in Gov't

Postby zoom rader » February 11th, 2021, 10:16 am

Habit7 wrote:
Dizzy28 wrote:
TBH Trinidad and the average Trinidadian hasn't actually experienced Austerity. Austerity is actual hardships through sacrifice.
What have we had to give up?

By now you should realise Trinis love to embellish our situation.
Covid cases low, they will say it is truly sky high and the govt hiding the true number.
Covid cases high, they say all ah we go dead.
Covid cases low again, why we don't we bring home everybody? (reason why the covid numbers are low)

The govt imposes a tax, they taxing we to death, despite we are one of the lowest taxed countries in the region.
They removing fuel subsidy, prices will skyrocket, despite record low inflation.
Closing the loss making and debt riddled refinery will bankrupt us, HPCL and Paria making billions.
Upset over withdrawals from our Stabilisation Fund to stabilise the economy, whistle dixie while $14B was being withdrawn from NGC which was supposed to be reinjected into the gas sector to expand it.
Upset over plant closures at Pt Lisa's while not acknowledging its antecedent in the line above.
2020 record drop in murder and serious crime in 10 yrs, 2021 seen as more dangerous than ever.

I am sure the mere fact that I am bringing up these factual statements will elicit disdain and responses to represent them as worst than they are. Our Caribbean neighbours dependant on tourism are facing economic ruin as the sector will be down by 80%. But when T&T reacts to low gas prices it is somehow a sign of failure on our part.

UNC after 25yrs of existence still renting a HQ but believes they could manage the economy better.
All of this and have skilled workers left on the breadline with no paid income.

An islands of 1% store clerks and waiters

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Re: Re: PNM in Gov't

Postby zoom rader » February 11th, 2021, 10:18 am

mero wrote:
sMASH wrote:everyone, repeat after zoom:

unc is not the government
again,
unc is not the government
in case u went by the fridge
unc is not the government
Smash you taking this zoom obsession and worship to a whole other level now.. kinda sus rn.

10/10 down in zoom DMs.

Blaze d Chalice and other inspiring ponytail bamcee lickers, this is the level of ass eating required for , take note.
Mero boy

Unc not important at this stage nor are they in power

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Re: Re: PNM in Gov't

Postby mero » February 11th, 2021, 10:43 am

zoom rader wrote:
mero wrote:
sMASH wrote:everyone, repeat after zoom:

unc is not the government
again,
unc is not the government
in case u went by the fridge
unc is not the government
Smash you taking this zoom obsession and worship to a whole other level now.. kinda sus rn.

10/10 down in zoom DMs.

Blaze d Chalice and other inspiring ponytail bamcee lickers, this is the level of ass eating required for , take note.
Mero boy

Unc not important at this stage nor are they in power
So in your own intelligent words, tell me why they not important. We all know this is your newest catch phrase to defer and deflect any discussions about the UNC but I'd like to know why the UNC is unimportant to you and the country.

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Re: Re: PNM in Gov't

Postby Habit7 » February 11th, 2021, 11:09 am

Image

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zoom rader
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Re: Re: PNM in Gov't

Postby zoom rader » February 11th, 2021, 11:24 am

mero wrote:
zoom rader wrote:
mero wrote:
sMASH wrote:everyone, repeat after zoom:

unc is not the government
again,
unc is not the government
in case u went by the fridge
unc is not the government
Smash you taking this zoom obsession and worship to a whole other level now.. kinda sus rn.

10/10 down in zoom DMs.

Blaze d Chalice and other inspiring ponytail bamcee lickers, this is the level of ass eating required for , take note.
Mero boy

Unc not important at this stage nor are they in power
So in your own intelligent words, tell me why they not important. We all know this is your newest catch phrase to defer and deflect any discussions about the UNC but I'd like to know why the UNC is unimportant to you and the country.
UNC not in power and the buck stops at your African prime minister.

UNC not important at this stage

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Re: Re: PNM in Gov't

Postby Redman » February 11th, 2021, 11:27 am

@ Smash re HSF.


Your issue is spending and borrowing and you think unc will do better. :D


I dont believe either party has a philosophical framework or policy that they can vocalize.
If you cant explain it to a 6 year old- you dont know what you talking about.
So lets agree that planned economic policy does not exist in TnT.

Both parties spend what they can because they think its politically expedient.
Both parties are 150% dependent on energy prices and production levels to dictate what they do on a day to day basis.

The UNC missed the golden opportunity to change for the better the financial position of the country by keeping our spending less than our income. (That despite their campaign being based on everything they did while in power)
Budgets instead grew from the 40B to 64B range matching our income growth-and every year ran a deficit.
in 2010 I suggested fixing our budgets at 75% of last years revenue with a moving average to smoothout the changes-a mechanism that took windfall from oil and gas -and banked it, but still allowed some extra cash to be used prudently.

Now that our earnings since 2014 have been reduced, alongside the major recalibration of the energy sector that were ignored by your UNC....of course we will have a hard and tough environment.

If UNC couldn't run surpluses with oil in the 90s why are you penalising the PNM for the same with oil at 50?
While dealing with the Petrotrins etc.


I disagree with you on the hway- (not at 250M per KM like the Point Sando under your fiscally prudent UNC but properly costed and built)

Opening up South and the East with a hway brings business opportunity ,activity and wealth to all citizens those areas.

Of course our challenge is the properly part on everything.

The HSF fund is at the levels they were in 2015 despite the drawdowns.
That isnt a bad place to be comparatively.
Last edited by Redman on February 11th, 2021, 11:30 am, edited 1 time in total.

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Re: Re: PNM in Gov't

Postby Redman » February 11th, 2021, 11:30 am

mero wrote:
zoom rader wrote:
mero wrote:
sMASH wrote:everyone, repeat after zoom:

unc is not the government
again,
unc is not the government
in case u went by the fridge
unc is not the government
Smash you taking this zoom obsession and worship to a whole other level now.. kinda sus rn.

10/10 down in zoom DMs.

Blaze d Chalice and other inspiring ponytail bamcee lickers, this is the level of ass eating required for , take note.
Mero boy

Unc not important at this stage nor are they in power
So in your own intelligent words, tell me why they not important. We all know this is your newest catch phrase to defer and deflect any discussions about the UNC but I'd like to know why the UNC is unimportant to you and the country.



For UNC to be important they would have to show that they have evolved away from the party that royally messed it up in 2015.
They have not...ergo they are not.

They have yet to show that they deserve to be taken seriously.

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Re: Re: PNM in Gov't

Postby MG Man » February 11th, 2021, 11:31 am

zoom rader wrote:
mero wrote:
zoom rader wrote:
mero wrote:
sMASH wrote:everyone, repeat after zoom:

unc is not the government
again,
unc is not the government
in case u went by the fridge
unc is not the government
Smash you taking this zoom obsession and worship to a whole other level now.. kinda sus rn.

10/10 down in zoom DMs.

Blaze d Chalice and other inspiring ponytail bamcee lickers, this is the level of ass eating required for , take note.
Mero boy

Unc not important at this stage nor are they in power
So in your own intelligent words, tell me why they not important. We all know this is your newest catch phrase to defer and deflect any discussions about the UNC but I'd like to know why the UNC is unimportant to you and the country.
UNC not in power and the buck stops at your African prime minister.

UNC not important at this stage


Isn't our PM Trinidadian?

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zoom rader
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Re: Re: PNM in Gov't

Postby zoom rader » February 11th, 2021, 11:32 am

Redman wrote:
mero wrote:
zoom rader wrote:
mero wrote:
sMASH wrote:everyone, repeat after zoom:

unc is not the government
again,
unc is not the government
in case u went by the fridge
unc is not the government
Smash you taking this zoom obsession and worship to a whole other level now.. kinda sus rn.

10/10 down in zoom DMs.

Blaze d Chalice and other inspiring ponytail bamcee lickers, this is the level of ass eating required for , take note.
Mero boy

Unc not important at this stage nor are they in power
So in your own intelligent words, tell me why they not important. We all know this is your newest catch phrase to defer and deflect any discussions about the UNC but I'd like to know why the UNC is unimportant to you and the country.



For UNC to be important they would have to show that they have evolved away from the party that royally messed it up in 2015.
They have not...ergo they are not.

They have yet to show that they deserve to be taken seriously.
Yep UNC not important at this stage.

Rowlee in charge and he running the show.

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Re: Re: PNM in Gov't

Postby zoom rader » February 11th, 2021, 11:34 am

MG Man wrote:
zoom rader wrote:
mero wrote:
zoom rader wrote:
mero wrote:
sMASH wrote:everyone, repeat after zoom:

unc is not the government
again,
unc is not the government
in case u went by the fridge
unc is not the government
Smash you taking this zoom obsession and worship to a whole other level now.. kinda sus rn.

10/10 down in zoom DMs.

Blaze d Chalice and other inspiring ponytail bamcee lickers, this is the level of ass eating required for , take note.
Mero boy

Unc not important at this stage nor are they in power
So in your own intelligent words, tell me why they not important. We all know this is your newest catch phrase to defer and deflect any discussions about the UNC but I'd like to know why the UNC is unimportant to you and the country.
UNC not in power and the buck stops at your African prime minister.

UNC not important at this stage


Isn't our PM Trinidadian?
Your PM from Tobago

Bogo ppl don't like to be called Trinidadians

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Re: Re: PNM in Gov't

Postby MG Man » February 11th, 2021, 11:40 am

zoom rader wrote:
MG Man wrote:
zoom rader wrote:
mero wrote:
zoom rader wrote:
mero wrote:
sMASH wrote:everyone, repeat after zoom:

unc is not the government
again,
unc is not the government
in case u went by the fridge
unc is not the government
Smash you taking this zoom obsession and worship to a whole other level now.. kinda sus rn.

10/10 down in zoom DMs.

Blaze d Chalice and other inspiring ponytail bamcee lickers, this is the level of ass eating required for , take note.
Mero boy

Unc not important at this stage nor are they in power
So in your own intelligent words, tell me why they not important. We all know this is your newest catch phrase to defer and deflect any discussions about the UNC but I'd like to know why the UNC is unimportant to you and the country.
UNC not in power and the buck stops at your African prime minister.

UNC not important at this stage


Isn't our PM Trinidadian?
Your PM from Tobago

Bogo ppl don't like to be called Trinidadians


ok fine, my PM is a citizen of the Republic of Trinidad and Tobago...tf you on about this african assness?

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Re: Re: PNM in Gov't

Postby mero » February 11th, 2021, 12:13 pm

sMASH wrote:everyone, repeat after zoom:

unc is not the government
again,
unc is not the government
in case u went by the fridge
unc is not the government

User avatar
zoom rader
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Re: Re: PNM in Gov't

Postby zoom rader » February 11th, 2021, 12:16 pm

MG Man wrote:
zoom rader wrote:
MG Man wrote:
zoom rader wrote:
mero wrote:
zoom rader wrote:
mero wrote:
sMASH wrote:everyone, repeat after zoom:

unc is not the government
again,
unc is not the government
in case u went by the fridge
unc is not the government
Smash you taking this zoom obsession and worship to a whole other level now.. kinda sus rn.

10/10 down in zoom DMs.

Blaze d Chalice and other inspiring ponytail bamcee lickers, this is the level of ass eating required for , take note.
Mero boy

Unc not important at this stage nor are they in power
So in your own intelligent words, tell me why they not important. We all know this is your newest catch phrase to defer and deflect any discussions about the UNC but I'd like to know why the UNC is unimportant to you and the country.
UNC not in power and the buck stops at your African prime minister.

UNC not important at this stage


Isn't our PM Trinidadian?
Your PM from Tobago

Bogo ppl don't like to be called Trinidadians


ok fine, my PM is a citizen of the Republic of Trinidad and Tobago...tf you on about this african assness?
Ok your PM is an injun

Dhal belly, Diabetes and heart disease is his future.

I twaht your PM say he's too black to be prime minister

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Re: Re: PNM in Gov't

Postby Habit7 » February 11th, 2021, 12:48 pm

ZR and his followers dont like the discussion to be about fact and figures. They don't like it to be about informed opinions that could be substantiated by reports.

They like it to be about race and personal insults. That is where they try to beat you with experience.

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Re: PNM in Gov't

Postby MaxPower » February 11th, 2021, 1:24 pm

Friends,

Now is not the time to be fighting.

Let us unite.

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zoom rader
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Re: Re: PNM in Gov't

Postby zoom rader » February 11th, 2021, 1:24 pm

Habit7 wrote:ZR and his followers dont like the discussion to be about fact and figures. They don't like it to be about informed opinions that could be substantiated by reports.

They like it to be about race and personal insults. That is where they try to beat you with experience.


Sorry Bro I not from the murky lagoon and dont have a fear from a Calcutta ship landing on Bago.

So hush yah tunny , you fass and out of place

imbert said, “….situations where the source of funds cannot be easily verified. So the person say, well I earn this from pumpkin and bhagi. And it might be difficult to…..or I am a fisherman. It might be difficult because the pumpkin and bhagi may have been sold and eaten and the fish might have been caught and so on…”

Baptiste-Primus was heard saying “cutting grass” and “selling pholourie”.


https://trinidadexpress.com/newsextra/i ... b0f3d.html

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Re: Re: PNM in Gov't

Postby sMASH » February 11th, 2021, 3:10 pm

elec2020 wrote:@Smash respectfully you mixing up austerity and support. the government supported the public during the closures with their unemployment grants, increase in food cards, rent grants, tax refunds etc. their was also hits to taxes during the closures as it is well publicized who got furloughed who close up shops, etc. so to facilitate the support (during a time where revenues were hit and oil prices bottomed out) the government had to dip into savings. so yh thats my two cents on the difference between austerity and support

yooo, the austerity is the cut back of all the social programs, the cut back all of the jobs by closure of the certain businesses, AND the increase in taxes and fines. yes u got an increase in the income tax shelter and a reduction in VAT, but u countered that by firing a sheit tonne of people and making non VATable items, VATable. the non VATable items, making them more expensive will only make things harder for poor people. reduction in VAT from 15% to 12.5% would only really benefit the rich as when they buy their luxury sofas, it will now be 2.5% cheaper.
why that VAT reduction would not benefit poor people AS MUCH, cause they would just be switching spending to focus on necisities rather than optional things. so, instead of buying a bess ifone, they would have to put that towards peas and rice and cheese and what not. the costs just switched.

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Re: Re: PNM in Gov't

Postby elec2020 » February 11th, 2021, 3:28 pm

^ got you. i thought u were saying that the stimulus measures were austerity measures. u are right we have implemented a lot of austerity measures and over that period withdrew from the HSF twice (i think). In 2015 (or early 2016) when the new government was still coming to terms with the severity of the fall in oil prices. and again i think in may 2020 to help support the stimulus measures implemented to mitigate the economic impact of covid 19. both withdrawals had motives. and (while i am to lazy to do the research to prove this... but i am 100 per cent sure that i am right with this assertion) most net oil exporters did the same thing to mitigate the impact of the 2014 oil price shock (which lasted till 2018... and came back up again in 2020 when saudi arabia was warring it out with Russia in the energy market ). that is cut back on spending, raise taxes, use reserves... etc. if everyone else doing it why is trinidad and tobago the exception to the rule?

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Re: Re: PNM in Gov't

Postby DMan7 » February 11th, 2021, 3:40 pm


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Re: Re: PNM in Gov't

Postby elec2020 » February 11th, 2021, 4:21 pm

No surprise though. Energy prices still low. Secondary sources of income like paye, corporation tax, tourism, etc hampered. Yh we in trouble guys. Tighten that belt.

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Re: Re: PNM in Gov't

Postby Habit7 » February 11th, 2021, 5:19 pm

sMASH wrote:yooo, the austerity is the cut back of all the social programs, the cut back all of the jobs by closure of the certain businesses, AND the increase in taxes and fines. yes u got an increase in the income tax shelter and a reduction in VAT, but u countered that by firing a sheit tonne of people and making non VATable items, VATable. the non VATable items, making them more expensive will only make things harder for poor people. reduction in VAT from 15% to 12.5% would only really benefit the rich as when they buy their luxury sofas, it will now be 2.5% cheaper.
why that VAT reduction would not benefit poor people AS MUCH, cause they would just be switching spending to focus on necisities rather than optional things. so, instead of buying a bess ifone, they would have to put that towards peas and rice and cheese and what not. the costs just switched.

Sorry I cant allow this crap to pass.

"Poor people" got an increase in personal tax allowance from $60K to $72K a year or $5K to $6K a month. A $12K increase in the personal allowance equates to a $3K reduction to their Income Tax liability. Essential food items still remain zero-rated (milk, sugar, oil, cheese, canned meat, canned fish, pasta, infant formula, juices, etc). So when you talk about "peas and rice and cheese" there is no VAT on them.

Which "poor person" found themselves paying $250 more per month because VAT was reintroduced on some food items? That would mean their monthly food bill for VATable items would be over $2K to outspend the benefit. Then in 2020/2021 Imbert increased personal tax allowance to $84K, this is all while food inflation is low and the same poor ppl saving on VAT reductions on more expensive items like appliances, furniture, clothes even cars, which are not a luxury.

This is how we compare to Latin America and the Caribbean with personal taxes
Key findings:

The tax wedge across LAC countries varies widely, from 34.6% in Argentina and 32.2% in Brazil to 11% in Trinidad and Tobago and 10% in Honduras. Colombia and Uruguay also have levels above 30%, while Guatemala’s tax wedge is also less than 15%.
Chile (19.1% of gross wage earnings) had the highest personal average tax rate (defined as PIT plus mandatory employee SSCs) in the region followed by Uruguay (18.0%) and Argentina (17.0%). The lowest rates were in Honduras (3.6%), Guatemala (4.0%) and Trinidad and Tobago (4.5%). The average amongst the LAC countries was 9.3% compared with the OECD average of 25.4%.
https://www.oecd.org/tax/latin-america- ... %2025.4%25.


And with business
Image
https://www.caribjournal.com/2014/01/15 ... caribbean/

So when I hear UNC ppl like yourself saying things above, it is either comes from ignorance or an attempt to deceive. Try again.

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Re: Re: PNM in Gov't

Postby zoom rader » February 11th, 2021, 5:53 pm

Habit7 wrote:
sMASH wrote:yooo, the austerity is the cut back of all the social programs, the cut back all of the jobs by closure of the certain businesses, AND the increase in taxes and fines. yes u got an increase in the income tax shelter and a reduction in VAT, but u countered that by firing a sheit tonne of people and making non VATable items, VATable. the non VATable items, making them more expensive will only make things harder for poor people. reduction in VAT from 15% to 12.5% would only really benefit the rich as when they buy their luxury sofas, it will now be 2.5% cheaper.
why that VAT reduction would not benefit poor people AS MUCH, cause they would just be switching spending to focus on necisities rather than optional things. so, instead of buying a bess ifone, they would have to put that towards peas and rice and cheese and what not. the costs just switched.

Sorry I cant allow this crap to pass.

"Poor people" got an increase in personal tax allowance from $60K to $72K a year or $5K to $6K a month. A $12K increase in the personal allowance equates to a $3K reduction to their Income Tax liability. Essential food items still remain zero-rated (milk, sugar, oil, cheese, canned meat, canned fish, pasta, infant formula, juices, etc). So when you talk about "peas and rice and cheese" there is no VAT on them.

Which "poor person" found themselves paying $250 more per month because VAT was reintroduced on some food items? That would mean their monthly food bill for VATable items would be over $2K to outspend the benefit. Then in 2020/2021 Imbert increased personal tax allowance to $84K, this is all while food inflation is low and the same poor ppl saving on VAT reductions on more expensive items like appliances, furniture, clothes even cars, which are not a luxury.

This is how we compare to Latin America and the Caribbean with personal taxes
Key findings:

The tax wedge across LAC countries varies widely, from 34.6% in Argentina and 32.2% in Brazil to 11% in Trinidad and Tobago and 10% in Honduras. Colombia and Uruguay also have levels above 30%, while Guatemala’s tax wedge is also less than 15%.
Chile (19.1% of gross wage earnings) had the highest personal average tax rate (defined as PIT plus mandatory employee SSCs) in the region followed by Uruguay (18.0%) and Argentina (17.0%). The lowest rates were in Honduras (3.6%), Guatemala (4.0%) and Trinidad and Tobago (4.5%). The average amongst the LAC countries was 9.3% compared with the OECD average of 25.4%.
https://www.oecd.org/tax/latin-america- ... %2025.4%25.


And with business
Image
https://www.caribjournal.com/2014/01/15 ... caribbean/

So when I hear UNC ppl like yourself saying things above, it is either comes from ignorance or an attempt to deceive. Try again.
That article is misleading .

Poor people don't even have jobs to get tax free income

It does not show the true taxes we have to pay . That is just income tax only

Vat , duty , net sales taxes

Plus we pay a tax on tax and then pay another tax on those two taxes

Every dollar earned we end up paying 40% to fund the red government mis management of this banana Republic

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Re: Re: PNM in Gov't

Postby sMASH » February 11th, 2021, 5:59 pm

poor people not making enough to pay income tax even before. when u dressed it up from 60k to 72k... they did NOT gain any levity.

the people working kfc, or a store, or selling market, or selling water/drinks, or selling doubles, or doing yard work.

if u go with $20 per hour.
thats 160 per 8hr day,
that 960 per 6day week
thats 49,920 per 52 week year.

how on earth would those people benefit from expanding the non taxable income?


now i see why u all dont understand how petrotrin closure was an economic atom bomb. the people on the ground, dont exist to u all.

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Re: Re: PNM in Gov't

Postby De Dragon » February 11th, 2021, 6:02 pm

Redman wrote:@ Smash re HSF.


Your issue is spending and borrowing and you think unc will do better. :D


I dont believe either party has a philosophical framework or policy that they can vocalize.
If you cant explain it to a 6 year old- you dont know what you talking about.
So lets agree that planned economic policy does not exist in TnT.

Both parties spend what they can because they think its politically expedient.
Both parties are 150% dependent on energy prices and production levels to dictate what they do on a day to day basis.

The UNC missed the golden opportunity to change for the better the financial position of the country by keeping our spending less than our income. (That despite their campaign being based on everything they did while in power)
Budgets instead grew from the 40B to 64B range matching our income growth-and every year ran a deficit.
in 2010 I suggested fixing our budgets at 75% of last years revenue with a moving average to smoothout the changes-a mechanism that took windfall from oil and gas -and banked it, but still allowed some extra cash to be used prudently.

Now that our earnings since 2014 have been reduced, alongside the major recalibration of the energy sector that were ignored by your UNC....of course we will have a hard and tough environment.

If UNC couldn't run surpluses with oil in the 90s why are you penalising the PNM for the same with oil at 50?
While dealing with the Petrotrins etc.


I disagree with you on the hway- (not at 250M per KM like the Point Sando under your fiscally prudent UNC but properly costed and built)

Opening up South and the East with a hway brings business opportunity ,activity and wealth to all citizens those areas.

Of course our challenge is the properly part on everything.

The HSF fund is at the levels they were in 2015 despite the drawdowns.
That isnt a bad place to be comparatively.

This has to be the singularly most dotish statement on 2NR that you've made in some time, and you have made quite a few. :roll:
By your logic, if oil falls to $40, then we're supposed to be hopeless? Did we elect people who could only lead and manage in good times? Real leaders emerge in crises, and so far, JUHN Scarfy, Impsy and the entire LFDRFD PNM isn't cutting it
In other words Kamla fault? Why hasn't the LFDRFD PNM also done those things?
What opportunity a Toco port brings? Who TF driving to Toco, to take a boat to Tobago?
What opportunity closing PT brings when two YEARS later, it cannot be sold, or restarted?
Who issued the 850 M USD bond, and what benefit did it bring to the refinery?

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sMASH
TunerGod
Posts: 25636
Joined: January 11th, 2005, 4:30 am

Re: PNM in Gov't

Postby sMASH » February 11th, 2021, 6:36 pm

They at a loss for words. Al the results of all the assness policies, still making the economy colapse.

If u have to make a loss, at least make it in the way the people could feed themselves.



The single biggest move the govt coudk do to scotch tape the economy and wound a multitude of birds with one stone is riser the exchange rate.

They trying all how to duck thst, so they could hide.
Its an easy metric for simple people to rare if the govt doing crap or not, so they hiding from doing it.


They will wait to late when people done struggling then to rest it.

The longer they wait, the less fat people wil Have to cushion it and adap.

Redman
TriniTuner 24-7
Posts: 10430
Joined: August 19th, 2004, 2:48 pm

Re: Re: PNM in Gov't

Postby Redman » February 11th, 2021, 6:47 pm

De Dragon wrote:
Redman wrote:@ Smash re HSF.


Your issue is spending and borrowing and you think unc will do better. :D


I dont believe either party has a philosophical framework or policy that they can vocalize.
If you cant explain it to a 6 year old- you dont know what you talking about.
So lets agree that planned economic policy does not exist in TnT.

Both parties spend what they can because they think its politically expedient.
Both parties are 150% dependent on energy prices and production levels to dictate what they do on a day to day basis.

The UNC missed the golden opportunity to change for the better the financial position of the country by keeping our spending less than our income. (That despite their campaign being based on everything they did while in power)
Budgets instead grew from the 40B to 64B range matching our income growth-and every year ran a deficit.
in 2010 I suggested fixing our budgets at 75% of last years revenue with a moving average to smoothout the changes-a mechanism that took windfall from oil and gas -and banked it, but still allowed some extra cash to be used prudently.

Now that our earnings since 2014 have been reduced, alongside the major recalibration of the energy sector that were ignored by your UNC....of course we will have a hard and tough environment.

If UNC couldn't run surpluses with oil in the 90s why are you penalising the PNM for the same with oil at 50?
While dealing with the Petrotrins etc.


I disagree with you on the hway- (not at 250M per KM like the Point Sando under your fiscally prudent UNC but properly costed and built)

Opening up South and the East with a hway brings business opportunity ,activity and wealth to all citizens those areas.

Of course our challenge is the properly part on everything.

The HSF fund is at the levels they were in 2015 despite the drawdowns.
That isnt a bad place to be comparatively.

This has to be the singularly most dotish statement on 2NR that you've made in some time, and you have made quite a few. :roll:
By your logic, if oil falls to $40, then we're supposed to be hopeless? Did we elect people who could only lead and manage in good times? Real leaders emerge in crises, and so far, JUHN Scarfy, Impsy and the entire LFDRFD PNM isn't cutting it
In other words Kamla fault? Why hasn't the LFDRFD PNM also done those things?
What opportunity a Toco port brings? Who TF driving to Toco, to take a boat to Tobago?
What opportunity closing PT brings when two YEARS later, it cannot be sold, or restarted?
Who issued the 850 M USD bond, and what benefit did it bring to the refinery?


That's ok dumbass..I don't expect you would understand....blather on.

daxt0r
I LUV THIS PLACE
Posts: 905
Joined: November 5th, 2009, 2:44 pm

Re: Re: PNM in Gov't

Postby daxt0r » February 11th, 2021, 7:51 pm

^^
says the man who supports the party that sponsors gangs from 1962 with they URP and CEPEP make work programmes and the gimme gimme attitude and dependency syndrome which created the gang warfare and murders and rapes and robberies we as a nation all suffer from.
From 1962 we also hearing about diversification, agriculture, hada hada hada,
that is fact

Who blatherin?
Jus say you accept failure and done, yuh jus rather red failure than yellow failure, lol

User avatar
zoom rader
TunerGod
Posts: 30521
Joined: April 22nd, 2003, 12:39 pm
Location: Grand Cayman

Re: Re: PNM in Gov't

Postby zoom rader » February 11th, 2021, 8:25 pm

Redman wrote:
De Dragon wrote:
Redman wrote:@ Smash re HSF.


Your issue is spending and borrowing and you think unc will do better. :D


I dont believe either party has a philosophical framework or policy that they can vocalize.
If you cant explain it to a 6 year old- you dont know what you talking about.
So lets agree that planned economic policy does not exist in TnT.

Both parties spend what they can because they think its politically expedient.
Both parties are 150% dependent on energy prices and production levels to dictate what they do on a day to day basis.

The UNC missed the golden opportunity to change for the better the financial position of the country by keeping our spending less than our income. (That despite their campaign being based on everything they did while in power)
Budgets instead grew from the 40B to 64B range matching our income growth-and every year ran a deficit.
in 2010 I suggested fixing our budgets at 75% of last years revenue with a moving average to smoothout the changes-a mechanism that took windfall from oil and gas -and banked it, but still allowed some extra cash to be used prudently.

Now that our earnings since 2014 have been reduced, alongside the major recalibration of the energy sector that were ignored by your UNC....of course we will have a hard and tough environment.

If UNC couldn't run surpluses with oil in the 90s why are you penalising the PNM for the same with oil at 50?
While dealing with the Petrotrins etc.


I disagree with you on the hway- (not at 250M per KM like the Point Sando under your fiscally prudent UNC but properly costed and built)

Opening up South and the East with a hway brings business opportunity ,activity and wealth to all citizens those areas.

Of course our challenge is the properly part on everything.

The HSF fund is at the levels they were in 2015 despite the drawdowns.
That isnt a bad place to be comparatively.

This has to be the singularly most dotish statement on 2NR that you've made in some time, and you have made quite a few. :roll:
By your logic, if oil falls to $40, then we're supposed to be hopeless? Did we elect people who could only lead and manage in good times? Real leaders emerge in crises, and so far, JUHN Scarfy, Impsy and the entire LFDRFD PNM isn't cutting it
In other words Kamla fault? Why hasn't the LFDRFD PNM also done those things?
What opportunity a Toco port brings? Who TF driving to Toco, to take a boat to Tobago?
What opportunity closing PT brings when two YEARS later, it cannot be sold, or restarted?
Who issued the 850 M USD bond, and what benefit did it bring to the refinery?


That's ok dumbass..I don't expect you would understand....blather on.
Your red underwear showing Redman

Doh beat up
Last edited by zoom rader on February 11th, 2021, 8:25 pm, edited 1 time in total.

User avatar
zoom rader
TunerGod
Posts: 30521
Joined: April 22nd, 2003, 12:39 pm
Location: Grand Cayman

Re: Re: PNM in Gov't

Postby zoom rader » February 11th, 2021, 8:37 pm

Habit7 keeps posting misleading articles .

Ppl have to be a fool to read anything presented by Habit7
sMASH wrote:poor people not making enough to pay income tax even before. when u dressed it up from 60k to 72k... they did NOT gain any levity.

the people working kfc, or a store, or selling market, or selling water/drinks, or selling doubles, or doing yard work.

if u go with $20 per hour.
thats 160 per 8hr day,
that 960 per 6day week
thats 49,920 per 52 week year.

how on earth would those people benefit from expanding the non taxable income?


now i see why u all dont understand how petrotrin closure was an economic atom bomb. the people on the ground, dont exist to u all.

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