Posts Tagged ‘imf

10
Jun
09

Dem T’ink I Man Fool (IMF)?

Return to IMF now more likely

PM cites heavy demand for FX

BY ALICIA DUNKLEY, Observer staff reporter dunkleya@jamaicaobserver.com

Wednesday, June 10, 2009

Prime Minister Bruce Golding yesterday indicated that his administration may well enter into negotiations with the International Monetary Fund (IMF) to prevent Jamaica’s Net International Reserves from buckling under the weight of demand for foreign exchange.

http://www.jamaicaobserver.com/news/html/20090610T020000-0500_153195_OBS_RETURN_TO_IMF_NOW_MORE_LIKELY.asp

Why do they insist on lying so much?

It was obvious to everybody that when the budget was tabled that it clearly was with the intent to appease the IMF in order to get loans from them. Tax on salt, books etc.

Who else would want to take more of our money and keep us stupid, other than rich white men who relish every opportunity to trample on the progress of black people.

For more evidence look at the 1980’s when Eddie was a borrow money from IMF, remember the concessions Jamaica had to make.

Seaga Under Siege: http://multinationalmonitor.org/hyper/issues/1985/0531/steif.html

Ok, you read that above link? Good!

Now a couple months ago, outgoing minister in the Ministry of Finance, Senator Don Wehby, went to Washington to suckle at the teat of the IMF, but the guvament painted the trip as a fact finding one. Sure, the facts of what they had to do to get money would be detrimental to the guvament’s political future so of course it was labeled in the prettiest sounding words possible.

Now that they have spent the week on the campaign trail bashing the former PNP about the debt the former guvament incurred, they are now admitting they are going to borrow from the IMF again.

Another case of “see? see? see how DEM mash up the country? Pay no attention to our “minor” borrowing.

The level of maturity in Jamaican politics is non existent.

They act like children. Some of the crap coming out of their mouth and the manner in which it is delivered like kids fighting over a toy.

They treat us like children. Not fully disclosing what they are doing, distracting us with noise about what others are doing and then push what they  want in thru the backdoor.

We act like children. We lap it all up cheering when the eediats calling each other hypocrites or termites.

Maturing Politically my ass!

 

04
May
09

“Stupid” Taxation

dunce2
The guvament downplays the impact their taxation will have on the cost of living, it is going to be very bad, but that is not the worst of it.

The thing that will have the most negative impact on the future of this country is the taxes on computers and books. These items were not cheap to begin with, as they were subject to the vagaries of the exchange rate, but to go and further tax these items is truly wicked.

Only a set of battymen would tax books!

Keeping the people dumb, stupid and uneducated, the JLP continues their war against intelligence.

Suuure you will say they freed up education, but it was poorly implemented, the teachers are still being underpaid, with foreign teaching positions being comparatively attractive. Remember when the PNP of the ‘70s wanted free education the JLP killed it when they got in guvament in the ‘80s and then promoted the Solidarity pushcart shit.

Now, clearly from IMF directives, they have taxed books and computers. But they make the distinction that schoolbooks and religious books are tax exempt. As I said to keep us stupid, to make it difficult for people to get their hands on books not approved by the guvament or the church, and therefore less likely to read books that expand our minds.

Keep us stupid to not realize when we get screwed, and not want to rise up in protest, so they can blurt out such shit as, “The Jamaican people are now more politically mature”.

Right.

Now the guvament is telling us that they are in discussions with the IMF to lay the groundwork for future borrowing.

LIES!

The IMF already directed them to do their bidding, why do you think the new taxes are as they are?




 

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