Archive for December 1st, 2008

December 1, 2008

Down for the count

boats

As the title of this entry implies I have been suffering from a rather unpleasant bout of the flu for the last couple of days and have not found shivering and headache conducive to blogging. I suspect it took a turn for the worse when I was subjected to watching the PM’s address to the nation on the current financial crisis last night. I swear i felt the aches and pains getting worse as his mouth formed words that made little sense to me.

As we watch economies around the world scramble to hunker down for the fallout of a developing financial meltdown we are being assured that we will be ok. Frankly, the explanations and math are not really working for me. Despite oil and gas being down around 15-20% and presumably VAT receipts likely to fall with a loss of consumer confidence the government thinks cutting out $5.6 billion from their $50 billion budget will be enough. I can only guess that they intend to not put anything into the Heritage Fund since that rainy day has already arrived. The PM says that after painful soul searching they have decided to cut back on building hospitals, new schools and affordable housing. Thank heavens he got his own palatial digs finished in time so he can stay in the lap of comfort. We also seem to still be hosting the Summit of the Americas and the Commonwealth Heads of Government at a cost of millions and there was no mention of the multi-billion dollar transit system being shelved.

The thing that annoys me the most when the PM and his people speak is that they speak of how well they have managed the economy. If they actually believe what they are saying then the state of delusion in government is frightening. Bragging that we now have $2 billion US in the Heritage Fund as if it is an achievement when we could have billions more had they taken a more measured approach to spending our money. But I guess it is all just money under the bridge.

In other news in this part of the world we have basically now hit the 500 homicide mark give or take the odd body or two. Nicholas Laughlin has a marvelously sardonic column on the matter in his blog. As I have said before the fact the the Nat. Security Minister is incompetent and ineffectual is not really shocking such things happen – the truly shocking thing is that he has not had the shame to step down after failing so ostensibly and more shockingly the PM keeps him in the position. I suppose it is easy to not worry about being killed when you are surrounded by security at all times and driven to work in a motorcade. Little or anything effective is being done about the crime situation and those that say it is not the government committing the crimes seem to forget that they are spending billions of our money to allegedly protect us. What has this resulted in? Well, in one shining example, my friend Peter S saw prowlers outside his apartment last night and called 999 telling them he was fearing for his life and they were right outside his door. He has yet to see a police vehicle show up at his place and he lives in Port of Spain. That, to me, is not just shameful it is simply scandalous.

Advertisements