Tuesday, April 23, 2013

How 1-2-3 and ABC can spell A Better Country!

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9 comments:

Anonymous said...

Excellent article. Thank you!

April 23, 2013 at 2:12 PM
Anonymous said...

Earl,
There is a short answer to your long question.

Our politicians learned "Leadership and Management" from Niccolo Machiavelli, not Charles Handy or Peter F. Drucker.

April 23, 2013 at 2:19 PM
Anonymous said...

Who else but Dwight wrote the first blog?

April 24, 2013 at 3:24 PM
Anonymous said...

I agree, blogger above.

April 25, 2013 at 7:55 AM
Anonymous said...

Just a bunch of hog-wash.

April 25, 2013 at 7:56 AM
Anonymous said...

OK. Dwight went to Saint May's College. But was he born in Saint Lucia?

April 26, 2013 at 12:01 PM
Anonymous said...

What is the point?

I don't think Dwight is a good political leader, but he has been an excellent central banker. What Dwight has not told us and cannot tell us, is what we have to do politically to get better results in our leadership. And this is the discussion we need.

April 26, 2013 at 3:38 PM
Anonymous said...

This article illustrates that the writer is in dire need of a job to earn a living.

The fact is, Dwight was in St. Lucia straight out of University in Jamaica, with no serious work experience and landed a job under the St. Lucia Labour Party as the Permanent Secretary of Finance and Director of Finance.

He was a key player in the development of the country. He was there from 1981 or 1982; if I recall to about 1991. Almost a decade. So why now coming to find all that is wtong? He is much to blame for what is going on here; and indeed in the OECS.

Time will not permit to catalog the issues here. But one thing is certain. The Eastern Caribbean Central Bank; monetized the debt of the Government, year upon year upon year. By this I mean the ECCB continued year after year; time after time; purchasing treasury-bills and bonds from the Government thus providing them with "money" printing money, in effect, to provide funds for their wasteful projects without taking a position of "stop the unchecked spending. The ECCB encouraged the spending. Without any problems. Why? because the Ministers of Finance in the OECS must approve the Governor's contract. So games were continuing to be played.

Now that what is sweet in goat mouth is sour in he bam-bam syndrome is out and the region's economic health and financial sector conditions are exposed by the reports and public announcements of the International Monetary Fund; the goat is attempting to sing another tune.

We in this Region will not be fooled. There is too much known out there.

When the ECCB buys the Government's debt continuously without any stopping in sight, then those funds spent through the Governments many fickle projects are spent on consumer goods in the main; using up foreign exchange; and a very vicious cycle revolves.

Where was that speech during John Compton'd days? Where was that speech during Vaughn Lewis' days? Where was that speech during Stephenson King's days?

When the Governor of the Central Bank considering his position found it quite comfortable to agree to be the one and only one to read John Compton's eulogy. Then that says a heck of a lot.

Why not Hollis Bristol. Why not George Mallet [who was still alive] etc. etc.

No Dwight, you can fool some of the people some of the time. But not all of the people all of the time.

As far as I am concerned; a Public Official who leads well on the domestic front would lead well on an official. And vice versa.

April 26, 2013 at 7:12 PM
Anonymous said...

What all these vote-getting politicians with little else as a skill have not been able to grasp are the transmission mechanisms related to the monetary policy of the ECCB and domestic economic growth.

The writer above made a very telling observation related to dysfunctional consumption spending.

This administration like the others before it, has shown absolutely no vision nor understanding of the transfer payments and resources to overseas interests as this relates to funding and borrowing for purely consumption goods.

Clearly that is way beyond their tether of repeated refrain ad nauseam of "Mr. Speaker", "Mr. Speaker".

Look at the fight of the ignoramuses in the UWP for the selection of the top dog in that party. See where it has gone already?

The pro-social power issues are not even being a passing mention.

Which one of these idiots has even an inkling as to the workings of the economy or the daunting task left untouched regarding structural adjustment and the economics of transformation since the collapse of bananas?

Do you believe that any of those three blokes have the intellectual or educational substrate on which to build the required learning to bring about meaningful change in Saint Lucia? Do you?

Is there not an element of truth by those who say that Saint Lucia is truly idiot country?

April 27, 2013 at 9:00 AM

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