Saturday, May 17, 2014

Is St. Lucia In A Quagmire

8 comments:

Anonymous said...

We had convoy upon convoy of jackasses masquerading as MPs from Crown Colony to Associated Statehood. The joke is on us. These jackasses shooed away the best. They legislated and railed against those who went abroad. In their perception, these born and bred Saint Lucians are second class citizens. Now bankrupt of ideas we are inviting foreigners for economic citizenship. Parading one jackass idea after another jackass under-educated, mis-educated and mal-educated ministers and jackass governments have taken us to the brink. The goons are having a field day as predators of the weak and defenseless.

Anonymous said...

'Concerned about the economy and their future' and so we should be unless we were in your shoes! sure the future is going to be good with so much investing from our so called Russian investors! you would say, but all I can see coming is more slave labour, more Corruption across the board and more than likely more killings hence the bad effect on our tourism! and you don't think we should worry, that's probable cos some dodgy deals going your way to!

Anonymous said...

so true I think st lucia is for sure getting in to a quagmire!

Anonymous said...

St. Lucians have become a selfish people; so when the rubber hit the road there wasn't any network to cushion the pain. And Michael, I noticed that you were deliberately vague on the 'self-employment' solution. Man-up!

Anonymous said...

Chastanet is a f... hypocrite. Donate some of that $50 million you got from Neal and Massey.

Anonymous said...

Many 13 ago, I spoke to the current PM about the dangers of moving from the Agro sector to the Tourism sector full swing. He didnt listen and is paying the price. Recently I also made a proposal to the current government for a cottage industry type proposal which would have created 12000 jobs. This was not accepted. This would have cost 7 million EC to generate revenue of 13 million US a month after six months. I realised then that the reason it was not accepted was because it would have rendered the step programme obsolete and the 12000 persons would have become imdependent and not subject to step. This would have been the same as the contribution of the banana industry and create greater self assurance. Again the population sacrificed on the alter of political expediency. I wonder how many other proposals have gone the same route. Sad so I have , disillusioned, decided to move my energies elsewhere until a new crop appears. This is a small economy very easy to run...too much time spent in politiking..............

Anonymous said...

A 704. I sympathise with you, but you shouldn't be asking the taxpayer to subside your business idea. If you think it's that good go to the bank, they will take it.

Anonymous said...

There are development banks and there are development banks. Banks are in the business of making returns. If there is no collateral, then they will not finance the project. Private equity financing is in its very embryonic stage. That then is a project awaiting finance from friends and family for seed capital. The implied business form is still not in shape for incorporation. Critically, we have no laws on the books that extend limited liability to individuals. We need this to be propelled by a different set of political candidates who are nowhere to be seen or heard on the political scene. That is just one of the reasons why most of the text of the last budget sounds so like it was lifted off from a comedy ... of errors.