Monthly Archive for September, 2008

Collapse of ‘Reaganomics’ and ‘Thatcherism’

By Raffique Shah
Sunday, September 28th 2008

Wall St.OVER the six decades I’ve been on this here Earth, more so during the latter four, I have learned to be wary of the very wealthy. Not all, mark you, but most. Some decent people earned their millions through sheer hard work and wise choices. Others educated themselves and used their professions to become rich. Among the aforementioned, you usually encounter nice men and women who just happen to be rich, and who see their wealth as a means to live comfortably, even to help the less fortunate in their communities and countries.
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“Tell Me Who to Kill?”

By Dr. Selwyn R. Cudjoe
September 26, 2008

FinancialIt’s the kind of story that would get a cat vex or make a donkey want to commit murder. Imagine a young, imaginative entrepreneur, someone who does not possess a “gimme-gimme” mentality, comes into town and tells the world that he will build an empire that would make anything Sat Maharaj ever dreamed of doing look like a doll’s house. He starts a credit union and offers interest rates unlike anything the nation has ever heard; at least, not since the days of International Trust when my mother got burned because of her greed. People began to invest in this credit union and before you could say Pan-Dey it was the hottest thing in town.
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Increase in the Cost of Premium Gas

Gas StationEDITOR: The dismantling of the fuel subsidy has begun, as was predicted by the Food and Fuel Forum, which for the past couple of weeks has been distributing a bulletin linking the dismantling to the upcoming signing of the Economic Partnership Agreement (EPA).
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Point of No Return on Political Union

By Stephen Kangal
September 24, 2008

CaribbeanReasonable citizens and commentators are fast coming to the conclusion that PM Manning has pre-empted the yet-to-determined verdict of the people of T&T. He has now taken T&T, at enormous public expense, diplomatic hype and great bravado beyond the political point of no return on his proposed union with at least three other Caricom States. He justifies this cart-before-the -horse modus operandi on the basis that a private club of which he is the jefe, that is to say the PNM, some fifty two years ago invoked political integration as one of its bye-laws.
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2008 Budget Presentation Highlights

Karen Nunez-TesheiraNew voice but same high-spending story
SPEAKING for three hours and seven minutes in what was her historic presentation of a national budget in the House of Representatives yesterday, Finance Minister Karen Nunez-Tesheira broke the first rule she established going in. She had pledged not to deliver a lengthy address.
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Mobile Menace

By Raffique Shah
September 21, 2008

Trinidad and Tobago News Blog
www.trinidadandtobagonews.com/blog

A Show CarIT was a desperate cry from an exasperated woman, and it tugged at my heart when we finally spoke on the phone. She made me feel ashamed of myself, since, like so many others, I, too, am a victim of the jarring, amplified noise that passes for music in too many private motor vehicles. As a columnist who is often the voice of victims who have few options to vent their suffering, I failed to write about this growing menace of noise pollution.
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Anti-Empire Report: Obama-Biden, Russia-U.S.

By William Blum
September 05, 2008
www.killinghope.org

Obama, McCainIm sorry to say that I think that John McCain is going to be the next president of the United States. After the long night of Bush horror any Democrat should easily win, but the Dems are screwing it up and McCain has been running more-or-less even with Barack Obama in the polls. The Democrats should run on the slogan “If you liked Bush, you’ll love McCain”, but that would be too outspoken, too direct for the spineless Nancy Pelosi and her spineless party. Or, “If you liked Iraq, you’ll love Iran.” But the Democrat leadership is not on record as categorically opposing either conflict.
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The Economy, Stupid

By Dr. Selwyn R Cudjoe
September 19, 2008

Obama, McCainLast week’s article drew some interesting comments. I asserted that in spite of the bump in the polls the Republican Party received because of Governor Sarah Palin’s presence on the ticket, ultimately “the performance of the US economy is likely to remain the key to the election’s outcome.”
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Mining the Mind of Manning

By Stephen Kangal
September 17, 2008

PM Patrick ManningIn the face of the unforgivable, non-public disclosure of the text of the August 14 MOU as well as the disrespectful-to-the- people silence on the obligation to outline the compelling economic, political and trade considerations that underpin and drive the urgency of PM Manning’s proposed political union with three OECS countries there has arisen, quite understandably a range of informed speculation on what really motivates the mind of Manning. Many believe that personal (hubris) and subjective (legacy) considerations dominate, determine and drive his political union initiative.
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Is T&T Above World Economic Crisis?

Twin TowersEDITOR: I sometimes wonder if my information sources of media, internet etc. are defective. My information suggests that most of the developed economies in the world are in deep crisis, major US corporations e.g. Bears and Sterns, Fannie Mae and Freddie Mac, Lehman Bros. etc had to be bailed out by the Federal Authorities. (They are baulking at bailing out Lehman Bros.). The housing market is at its lowest point in decades and unemployment is at its highest in many years. The UK and Canada are awaiting statistical confirmation that their economies are in recession but their populations know full well.
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