Many agree that we all seem to be buying
or selling opinions rather than teaching or learning from facts. Most people
love to receive awards, an expression of recognition for their achievements, and
rewards, bonuses from decision-makers who value blind loyalty. Some decision-makers
need expressions of agreement, as much as their need nutrients, yes people,
friends, not recognizing or caring what the so call friends need or want in
return. People should be surrounded by facts, provable and widely accepted
truth, with limited emotions or egos. The top decision-makers love to be right
and judged successful, humbly accepting good and skillfully delivering bad
news, which is only possible by cultivating true friends.
Monday, January 29, 2018
Monday, January 22, 2018
Returns On Investment
Money knows no borders, as each and every nation competes for large sums of foreign direct investment. Administrations invite investment bankers, hedge and private equity funds to participate in joint ventures. Projects, which benefit the nation's population, where utilities and other infrastructure entities, are built, operated, leased and transferred or commissioned and maintained under specific terms and conditions, while charging the public as regulated. Such opportunities generally allow for a long repayment period during which investors are guaranteed a minimum annual return. But this can only work, if the nation's law-makers legalize, implement and honor such long-term agreements, beyond political periods, requiring an independent office of budgets.
Monday, January 15, 2018
Hard Work
This term used,
by many well-to-do individuals and persons in leadership roles, is to motivate young persons to achieve success. From birth, childhood to adolescence, young
persons are encouraged, engaged and educated to work hard to accomplish
assigned tasks, but what is truly needed, is to make these tasks exciting and
interesting. Eco-socioeconomic development requires such people, skilled and
talented, to be creative and innovative, and love their productivity. Most
persons, however, do work hard, at tasks their clearly hate, to pay basic
bills, always worried about the next meal, child care, living expenses and cannot
afford to be sick. Unfortunately, many young people, learning from peers, hears
“Hard Work” as quick, easy pay, loving the pay not the work.
Monday, January 8, 2018
The Agriculturalist
Focused
on yields, food per acre, using technical tried and tested methods, clean room
or green house to reduce or eliminate pest and disease, chemical nutrients and
preservation to market, are the duties of Agriculturalists. In other words,
such scientists, who produce foods and medicines, are responsible for
population health; nutrition and wellness, at an affordable cost. Hence, the
best technology must be utilized and constantly engaged in research, labs and
market testing, and to scale-up development to best meet market demand. It
would be a shameful waste for produce to spoil, be damaged or stolen, after so
much care, between harvest and consumption.
Monday, January 1, 2018
Future of Electricity
Among the Caribbean islands, since Aug 2008, a proposal has been circulating to generate electricity using clean
renewable energy. May 2009, strategies were added, to the earlier proposal, to
strengthen reliability and save years engaged in critical research. July 2016,
a new proposal was disseminated based on another source of clean renewable
energy. And now, the intention and future strategy is to combine the generating
models and make it cost effective with the shortest investment repayment period. It is fully understood, that laws are in place to prohibit the
commercial generation and Sale to the National Grid of electricity other than
by or with the written permission of the parliamentary appointed entity.
Therefore, financing any clean energy proposal of any size requires legal
amendments and executive action.
Monday, December 25, 2017
Politics of Division
Politicians,
accusing each other of bad management or corruption while in office, runs the
danger of spreading hate in a once loving society. This Hate and Suspicion, in
a struggling economy, can easily trigger social unrest, insurrection and civil
war. The population needs leadership, ‘Better not Blame’. Leadership that
understands the important issues and listens to all points-of-view, ‘Decide and
Do. Implement a strong programme of economic diversification to stop job
losses, prevent business closures, and halt declining tax revenues. Negotiate
flat or low growth in public expenditure, with workers' unions, to benefit all
the people and rebuild the economy. Deliver essential Security, Health and
Education services supported by recurrent cost, infrastructure building and
maintenance. Manage debt servicing to yield some future savings, and reduce the
nation’s total debt, which would be left to the nation’s grand and great
grandchildren.
Monday, December 18, 2017
A Deceptive Smile
Rape, physical and
verbal abuse, and sexual harassment are crimes, that are very difficult to
prove. Children are taught by their parents to smile and be nice on greeting
others. It is natural, in most cases, for males to want a nurturing and trustworthy
female, while females to want a strong and dependable male. The power dynamic,
however, is the cause of many problems, where one person with influence over another,
forces or is accused of forcing non-consenting contact. Noting that, adults,
who work very long hours with limited social opportunities to engage, must
undergo change to protect themselves and their careers.
Monday, December 11, 2017
Growing Revenue not debt
Individuals, Families, Communities and Countries, all
must budget living, happiness, and development expenditure to constantly
improve lifestyles. Such basic expenditure must be supported by core revenue
collections, not borrowings, in order to be sustainable. Borrowings or loans create
debt, with principal repayment schedules and interest charges, adding to the total
expenditure. Growing revenue is therefore required to match and balance the
increase of total expenditure. This is traditionally accomplished by attracting
both foreign and local investment, diversifying sectors and industries, incentivizing
and supporting startup business, creating jobs and encouraging Wage and Salary
growth.
Monday, December 4, 2017
Governance 2018
(An extract from Foreign Direct Investment 2018)
This category, allocated 4.47% of the nation’s
total expenditure, as reported by the office of the Auditor General 2016 and 4.31% in the 2017 revised estimates,
while estimating 4.56%
for 2018 up by 4.50%, as published by
the Ministry of Finance, consist of positions, offices, agencies and ministries
that monitors good, moral and ethical, behavior, such as; Ministry of Public Administration and Communications (MPAC) & The
Personnel Department, The Judiciary
& The Industrial Court, Ministry
of the Attorney General and Legal Affairs, Other Heads of Expenditure
involved in Governance, The Office of the Prime Minister, and The
President & The Parliament.
Monday, November 27, 2017
Fiscal Policy 2018
(An extract from Foreign Direct Investment 2018)
Functioning on a budgetary allocation; 26.39% of the nation’s
total expenditure, as reported by the office of the Auditor General 2016 and 30.39% in the 2017 revised estimates,
while estimating 30.46%
for 2018 down by 0.93%, as published by
the Ministry of Finance. This category, comprises the Ministry of Finance, Charges
on Account of the Public Debt and Pensions
and Gratuities, must focus efforts on increasing productivity and revenue
collection while, reducing the nation's debt and debt servicing expense. Hence,
as core revenues fall, below recurrent expenditure, resulting in mounting
deficits, forcing new borrowings to balance the nation’s annual budget, severe
pending cuts, will then trigger an inability to borrow or repay placing the
economy into a debt trap.
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