Thursday, June 13, 2013

No Business As Usual

14 comments:

Anonymous said...

One is left with a clear impression, that entire discussion sounded was as clear as mud. Muddled and confused may best and charitably characterize what went on.

As long as no key actor can find a clear path on which to follow and lead the discussion somewhat along the lines as:
1. Immediate and short-term (execution within the fiscal year)

2. Medium term (which would obviously have to follow, reinforce and piggy-back on the short-term measures), and

3. Long-term measures (that again would systemically and systematically follow and piggy-back on BOTH the budgetary-related short- and medium-term activities),

then I am afraid that in terms of growth, development, etc that exercise was a complete waste of time!

If you cannot (either as creator or interpreter) summarize and/or articulate the direction forward simply and clearly in three (to four at most) steps and/or measures, it follows that either you don't know what the hell is going on, what the hell you are doing, or what the hell you are about to do!

A definition of insanity is doing the same things over and over and expecting a different result.

A budget is a planning and control tool that reflects expected revenues, operating expenses, and cash receipts and outlays.

How different is this current budget and analysis from previous ones? What vision did it build upon, propose, or is purportedly going to execute?

So, without any fundamental departure from the past, this budget exercise, most charitably put, is nothing more than business as usual.

Clearly, the usual political baloney was on display masquerading as a plan of action: with indefinite, and mainly purposely-used non-quantitative goals, with a notable absence of a time frame.

Was there anybody on that panel or any of the framers of this madman budget, who had even the very vaguest notion of the planning tool called S.M.A.R.T. goals?

Anonymous said...

As it stands, the process of doing business in St.Lucia is like making penance following the way of the cross. From the banks, stores, and government offices, the St. Lucian consumer waits on the tendermercies of a clerks, and managers who do not seem to know what they are doing. They are hardly at fault; for one must consider the culture and motivas of the management that sustains such ineptitude in business. That pas-melee attitude has persisted behind the island's counters ever since the great Castries fire.
So how do we get off all these vainglorious business meetings and move the island into 21st century progressive commerce? Generation X is ready to do business on line. There is a vibrant local entrepreneur, construction, Fisheries ( ti wevandeuse, ti boutique tour=par-tou ) community in every street of the island's villages, The banks, the Valmonts the JQ's should by now have extended branch stores throughout the island; reaping the bebefits of shopping vonvenience for both business and customers.
The harvest of business and commerce is ripe in St. Lucia. The challenge for the finance and business leadership is to
1' Develop strategies to organize and harness local entrepreneur; construction, vocational, and other initiatives to boost profits on all sides.
2. Train employees and establish courtesy in the exchange of transactions between business and customers.
3. Jurisprudence in the area of contract and business law must undergo a complete overhaul. Who has the guts to bell the cat? Talk to the lawyers. If there is no full faith and trust in the transaction of business between buyer and seller, all efforts to improve business and commerce in St.Lucia will be like washing one's hand and wiping it in the mud, then walking the way of the cross on one's knees crying au-dieu, ne miseracod.

Anonymous said...

HOG WASH AND SHIT TALK IS ALL THAT COMES FROM THESE WRETCHES. NOT INTERESTED.

Anonymous said...

No-o-o-o-o-o-o-o-o!!!! "Business as usual"!

Anonymous said...

It rather troubling to see that even the experts, so-called have wilted under the avalanche of the snow job of the blather and froth of the last budget as they wade through the minutiae. Give us substance fellows. Substance!

But it computes. After all accountants are mainly bean counters and not strategists.

Anonymous said...

Accountants know absolutely nada about strategic Management, Planning or Finance. That's a fact. It is proven where Universities enroll Accountants and Economists in their MBA Programs. These training of economists and accountants are tunnel-visioned.

See the mess coming from the IMF? Till they ended with the top honcho allegedly raping a hotel maid in his hotel room.

Anonymous said...

One of the most serious problems facing the Caribbean is the philosophy of the University of the West Indies. They have graduated a bunch of idiots believing that accumulating degrees provides the tool to manage institutions and solve the problems of countries.

It took a woman from France after decades of men running the International Monetary Fund to see that the long standing crap policies of the IMF were completely warped.

So she insisted that in the case of GREECE, the IMF or the EU cannot call for public expenditure cuts; in other words more austerity measures, when unemployment is high and incomes are low. Do you really need a doctorate in Economics to see that?

The fundamental principles taught at the Undergraduate levels teaches this. Countercylical macroeconomic stabilization Policies. Commonsense economics, please.

Anonymous said...

There are certain Laws in St. Lucia particularly those drafted during the colonial times which refer to the authority of the "Governing Council". This term really means the "Cabinet of Ministers".

Then there are laws which directly refer to the power or authority of the Governor General to approve matters so specified.

In the case of the GRYNBERG SCANDAL,where an Agreement has been purportedly signed by Kenny Anthony the Prime Minister of St. Lucia; who it is said is not the authority in Law to do so.

If this is true, given the Laws and interpretation of the Term " Governing Council" distinct from the term Governor General; then if indeed Kenny Anthony signed any such Agreement; it is unlawful; he should resign; and should be made to pay, like any other Public Official for any losses incurred to this country.

Anonymous said...

"The Emperor has no Clothes!"

Anonymous said...


"The Emperor's New Clothes" (Danish: Kejserens nye Klæder) is a short tale by Hans Christian Andersen about two weavers who promise an Emperor a new suit of clothes that is invisible to those unfit for their positions, stupid, or incompetent. When the Emperor parades before his subjects in his new clothes, a child cries out, "But he isn't wearing anything at all!" The tale has been translated into over a hundred languages.[1]

"The Emperor’s New Clothes" was first published with "The Little Mermaid" in Copenhagen by C. A. Reitzel on 7 April 1837 as the third and final installment of Andersen's Fairy Tales Told for Children. The tale has been adapted to various media, including the musical stage and animated film.

Anonymous said...

Blogger above, you have aptly represented what is really happening in Government in this country. The Scoundrel has no clothes.

Anonymous said...

Did Sam Flood got an all inclusive trip to Taiwan from the Taiwanese BOBOL funds. If that money was used properly St Lucia would not be in that condition today

Anonymous said...

The two fellars look and sound like two bloody jokers.

Two idiots.

Anonymous said...

You all in St. Lucia need to vote people in your Parliament.

Not the WORMS you continue to elect time upon time. If you do the same thing all the time, you are sure to get the very same results.

Take Heed. Your country will be worst than Jamaica and Guyana.