State boards being stuffed with party loyalist !!

We note with some concern the number of party loyalist being appointed to the board of various state agencies, its shameful behaviour to say the least.

Government defends its board decisions.

Let the Jamaican people decide if what is going on is good for the country.

http://jamaica-gleaner.com/latest/article.php?id=35587

http://rjrnewsonline.com/business/doreen-frankson-new-jbdc-chairman

USA District Attorney seeks Maximum Penalty for Christopher Coke !

See the documents from the Government Attorney for the maximum possible sentence for Christopher Coke

Coke Sentencing

OCG to monitor the JEEP !

The office of the contractor general has written a letter stating his intentions to monitor all the “gauges and indicators” on the controversy plague JEEP which is about to drive out the show room.

This is certainly not good news for many, who were planning to simply “eat a food”.

We certainly welcome this news release as we need to ensure the money that goes into this program wasted and we can see value for money from this work program.

See OCG media release.

OCG and JEEP

Courtesy: Jamaica Gleaner

OCG launches probe in allegations of political cronyism in NSWMA Security arrangements!

ITS  NOW OFFICIAL !

Greg Christie has launched two probes into recent developments at the Riverton landfill, see OCG letter stating his intentions regarding this probe.

NSWMA PROBE

I wonder what label they will be giving Greg now ?

Analyst predicts devaluation of the local currency vs US currency !

After a couple years of relative stability in the local currency vis a vis the US$, all that is about to change, with a number of our noted analyst predicting a slide in the value of the $J vs the US$. I should add further slippage in the $J vs the $US since the slide has already commenced.

So the big question is , what has changed. What fundamentals have changed why our local analysts are predicting a devalution of the $J after over two years of relative stabilty.

Why would this occur given that we have seen 4 qtrs of economic growth and the BOJ predicting further growth in the upcoming quarter, this is rather puzzling indeed.

The USA economy is on the verge of recovery, but given the predictions of our local analyst, Jamaicans can expect to see, inflation rising as prices increase due to the dollar slippage. Merchants who are watching the news will further exacerbate the problem by forward purchasing of the US$ and begin pricing goods based not on current rate, but on a rate they anticipated the local currency will be at when their imports hits the local shores.

This is certainly not the kind of news one would be looking towards given the plight that many Jamaicans face today from a economic front. If one should add the growing crime problem , the dismal job prospects and the ever  rising fuel prices it paints a rather gloomy picture ahead for us.

The GOJ is working on a “new” IMF standby agreement, is devaluation of the local currency a condition of this deal?  We are expecting an update from the Finance Minister ( err de facto Prime Minister) this week and we certainly hope he sheds some light on this  rather disturbing development .

We certainly hope the analyst are wrong because this scenario I have painted above is the last thing Jamaica needs at this point in time.

Note

Contrary to what many bloggers think I not anti-PNP nor do I want the GOJ to fail, the way I see it, is I will continue to highlight the short comings of the government of the day, pretty much like I did under the former government. I will not hide the facts, I will continue to call it as I see it, because if we are going to move forward as a country we must be prepared to hold our leaders accountable rather than treating them as “Gods”.

No leader is above criticism and I will be unrelenting in my crusade to present information on this and other blogs, that brings out the facts and or my personal view on issues I see that are worthy of commentary.

Comrades rising up across the island “People Power” !

Comrades are not very happy with the selection of candidates for the local government elections and are being very vocal. The latest in Palmers Cross in Clarendon where the people are saying Mama P needs to listen to them, its People Power time now.

JEEP Makes Roadkill Of Core Programmes- Jamaica Gleaner, a must read !

Reprinted from the Jamaica Gleaner.

http://jamaica-gleaner.com/gleaner/20120226/focus/focus2.html

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