August 26, 2018 oic No comments exist

The T&T economy is on the verge of tanking. We have something like a US$850 million debt becoming due (the Petrotrin debt) around May next year. Either we pay the debt or we default on it. If we pay the debt then expect more belt tightening all around bringing with it a lot of pain….

July 22, 2018 oic No comments exist

There are a couple of truisms that are so basic, they hardly need repeating. And yet, sometimes it is worthwhile to remind ourselves of them so that we don’t forget them. The first truism that I thought of in this #@&*% ongoing scandal with the infamous Galleons Passage ferry is that there is only one…

May 14, 2018 oic 15 comments

Listening to Finance Minister Colm Imbert’s mid year review last week and then to his extraordinary attack the day after on several economists who had dared to say that they disagreed with him, got me to thinking. What exactly has changed in the two and a half years that Mr. Imbert and his Party have…

March 2, 2018 oic No comments exist

Let’s understand something: on the face of it Marlene McDonalds appointment on the face of it makes no sense. First of all, she was fired from the Cabinet when an issue arose concerning her husband having a job in her office and also getting certain favours. Indeed, that matter (which goes on back to 2016…

December 18, 2017 oic No comments exist

The failure of the Anti-Gang legislation got me to wondering: why? Why did it fail? Was it in the best interests of the country that we should have some sort of anti-gang legislation in place? If so, then why exactly … in one sentence … did the Opposition not support it? (And for the record,…

September 15, 2017 oic 2 comments

Is poverty the result of laziness, immorality and irresponsibility? If people made better choices, worked harder, stayed in school, got married, didn’t have children they couldn’t afford, spent wisely and saved more, would they escape poverty? This is essentially the story that we are often told about why people are poor. Speaking for myself, I…

August 21, 2017 oic No comments exist

  It is axiomatic that law and order is, or should be, at the top of the list for any civilized society. And it is important to remember that our justice system is based on the premise that it is better for ten guilty men to go free than for one innocent man to hang….

August 4, 2017 oic No comments exist

  A parasitic technocracy is a network corrupt politicians, consultants, businesses, contractors, civil servants, who conspire to seek their own interests, often against the public interest, and close ranks when they are caught. I know it exists. I have experienced it over the last 15 years. Here are seven personal examples: Textbook Technocrats. Before I…

July 1, 2017 oic 2 comments

Our dear Prime Minister’s response to the collapse of the economy was not so impressively relayed when he said that we should “tighten our belts” but since it seems at times that he doesn’t have the best script writer at his side I’ll share with you some of my views on this challenging event we…

June 22, 2017 oic 3 comments

As I observe the situation unfold in Trinidad and Tobago with the onslaught of Tropical Storm Bret, I am grateful that it was not a Hurricane of Category 1, 2, 3, 4, or 5. For had a storm of those magnitudes hit the twin island paradise who can predict the devastation and loss of life…