“Devalue, the book sense people insist, he must devalue! He has to let the $TT find its true value! “They know book but they don’t know chapter…” Local economist Warren Thompson takes a different view on the Minister of Finance’s 2017 Budget and tells Wired868 why he thinks Colm Imbert …
Read More »Why the T&T Budget always disappoints
“As a people we are not part of any budget preparation which would determine our destiny for the next fiscal year. Why all this secrecy? “Why is there no participation by the ordinary citizens? Why don’t we have a date clearly identified for Budget presentation every year?” The following Letter …
Read More »STREET VIBE: That’s insulting! Condescending politicians are T&T’s biggest freeloaders
“It is sad and indeed ironic that those who have been accusing taxpayers of living off the fat of the land, are the biggest parasites of the offices which they occupy; doing all this while paying no taxes.” The following Letter to the Editor on Prime Minister Dr Keith Rowley’s …
Read More »Budget analysis: Online tax fiasco, ageing population, diversification dilemma and more
Two Tuesdays ago at a meeting in Mt D’or, Minister of Finance Colm Imbert boasted that there were only two people who knew the contents of the budget, the Prime Minister and himself. The subsequent applause for this revelation is symptomatic of the nature of our state. We are accepting …
Read More »Pressure does buss pipe! Economist Warren Thompson looks toward the 2017 Budget
Prime Minister Dr Keith Rowley hinted in a recent interview that he wants to reduce expenditure to around TT$50 billion. He also alluded to more taxes or, rather, greater taxation. Additionally, he reiterated his determination to avoid going to the IMF and the World Bank. All this comes against the backdrop …
Read More »FATCA or fiction? Live Wire offers perspective on a potential financial Armageddon
Mr Live Wire has heard the questions: “What the arse is FATCA?” “Dem politicians wouldn’t be playing the fool if this so serious, right?” “PNM just trying to scare we again, nah?” “That have something to do with Marlene coming back?” Well, despite the legitimate interest in pompous Pussyfoot’s petty …
Read More »PNM: The UNC is being anti-PNM and not pro-country in FATCA snub
PNM general secretary Ashton Ford has accused the Opposition party, the United National Congress (UNC), of being anti-PNM rather than pro-country in his Letter to the Editor on the Opposition party’s failure to support the Foreign Account Tax Compliance Act (FATCA). The following is Ford’s full release: The United National …
Read More »No civility, much hypocrisy; Raffique Shah points at both sides of the House
It would be asking too much of our politicians that they show some humility in their public lives. In fact, it will be true to say that, with precious few exceptions, politicians across the world are egotistical and arrogant—character traits that distinguish them from most ordinary human beings. Lest I …
Read More »Bwdma… Who running T&TEC? Pinky and the Brain?!
What did Kamla Persad-Bissessar and her PP gang really leave in the Treasury? Two shillings and a pack of chewing gum? Forget VAT, speed guns and online shopping tax, Trinidad and Tobago can have deeper problems if these electricity black-outs continue. And the only excuse Mr Live Wire has not …
Read More »Satirical take on how Colm is undertaking to diversify economy
The following satirical Letter to the Editor was sent to Wired868 by Niala Maharaj: (Scene: The Right Honourable Colm Imbert, Minister of Finance, addresses Parliament). Mr Speaker, My friends on the other side claim our government is failing to manage the economy properly. This is absolutely untrue. Oil and gas …
Read More »The Colm after the storm; and Imbert’s about-turn on the gas subsidy
Minister of Finance Colm Imbert was interviewed by Khamal Georges on CNC3 last week and it was difficult not to be genuinely impressed by his calm demeanour. It contrasted sharply with the agitation and irritation he displayed during his mid-year review in Parliament a week prior, when he announced to the …
Read More »Yes, Prime Minister: Colm on economics, distraction and pleb… eh… people power
Scene: Office of the Prime Minister. There is a knock on the door. Dr Keith Rowley: Yes, come in. (The Finance Minister strolls in with a broad smile). Colm Imbert: Good day, Dr Prime Minister. How are you doing today? How is the back? Keithos: Yes, I’m fine. The back …
Read More »