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matr1x wrote:Ppl want trash I agree. Vote for pnm and have more vene trash come in. More covid!
zoom rader wrote:Government should hold share investing seminars through the community. Have professionals show how to invest. The basic of saving and buying shares.Redman wrote:So ZR suggest a way for it to be done.
How would you execute whatever plan you think should happen?
Trinidad lacks financial advice for less income earners. Its like in trini they hide how to invest. Banks here push loans, credit cards and useless spending.
matr1x wrote:If pnm didn't run things into the ground, we would have been in a better state
MaxPower wrote:matr1x wrote:If pnm didn't run things into the ground, we would have been in a better state
Slim,
Under Kamla we would have been dead.
Just imagine if she opened the country when your Master Rowley said NO.
Can you even imagine the death rate?
Again, Kamla is to be blamed.
PNM is still winning the next election so better you prepare mentally for it.
Shanghai left hospital project over 'poor project management, increased costs, delayed payments'
UTC cannot be trusted as they are in charge of your money . They take directives from government where to put money.Redman wrote:zoom rader wrote:Government should hold share investing seminars through the community. Have professionals show how to invest. The basic of saving and buying shares.Redman wrote:So ZR suggest a way for it to be done.
How would you execute whatever plan you think should happen?
Trinidad lacks financial advice for less income earners. Its like in trini they hide how to invest. Banks here push loans, credit cards and useless spending.
How much money do you think FCB or Petrotrin would have raised from the community?
Investment happens with excess money.
Youre advocating raising capital from people that seem to not have excess capital.
Everything you've said has been tried and is being done.
That is the mandate of the UTC and credit union movement.
zoom rader wrote:He's right, I have been saying this for years.hover11 wrote:Sell banks, rum company to private investorsAnthony Sabga III on State assets:
“The ongoing ownership of these businesses is a considerable distraction from the Government’s material work to ensure the safety, security, and health."
https://trinidadexpress.com/business/lo ... ium=social
The red government has proven that they cannot run a business.
The problem is when u sell state companies, it's only one set of people that get the opportunity to buy and they buy very large shares. Lots of insider trading takes place. Remember the FCB share offer?
More education is needed to show the ordinary folk especially black people on how to invest.
Any selling of state companies should not be given to large investors but to the ordinary man in the street.
The moment Wasa is sold the following happens.De Dragon wrote:zoom rader wrote:He's right, I have been saying this for years.hover11 wrote:Sell banks, rum company to private investorsAnthony Sabga III on State assets:
“The ongoing ownership of these businesses is a considerable distraction from the Government’s material work to ensure the safety, security, and health."
https://trinidadexpress.com/business/lo ... ium=social
The red government has proven that they cannot run a business.
The problem is when u sell state companies, it's only one set of people that get the opportunity to buy and they buy very large shares. Lots of insider trading takes place. Remember the FCB share offer?
More education is needed to show the ordinary folk especially black people on how to invest.
Any selling of state companies should not be given to large investors but to the ordinary man in the street.
This is nothing but an obvious appeal(instruction?) to get the few profitable State owned businesses, Why de arse he eh say privatize WASA, or other loss makers, and he and the mighty local conglomerates will buy/run them profitably?
You know UTC money is tied up with 1% and they have access to launder money though it right.Redman wrote:Bullchit
zoom rader wrote:You know UTC money is tied up with 1% and they have access to launder money though it right.Redman wrote:Bullchit
Redman wrote:ANSA has just shown their hand-and I think in a distasteful way-as it is they who are likely to benefit the most- its a self serving statement thinly veiled as a PSA
Every truth starts off with a rumour.Redman wrote:zoom rader wrote:You know UTC money is tied up with 1% and they have access to launder money though it right.Redman wrote:Bullchit
That rumor is as old as the hills
Leave them , they don't like to acknowledge the truth.bluefete wrote:Nice video. Ent Jeanine said so and people vex?Redman wrote:ANSA has just shown their hand-and I think in a distasteful way-as it is they who are likely to benefit the most- its a self serving statement thinly veiled as a PSA
QFT!!! And nail on head.
But carry on. He who pays the piper calls the tune.
Sabga angling to get all the profitable state companies under government control - Republic Bank, FCB, Trinidad Distillers (Angostura), CLICO, Port of POS.
Yet he talking one setta BS about competition.
Remember the night, when Manning, wearing short pants, had to scurry up the Westmoorings hill because he was summoned by his masters?
Zoom could educate allyuh on that.
I suspect NIB money will be siphoned awayshaneelal wrote:NIB Act breached in appointment of new chairman
A government nominee on the National Insurance Board (NIB) has been elevated to the position of chairman.
Businessman Patrick Ferreira was initially appointed to the NIB board as a nominee of the Government, but on Friday confirmed that by letter dated January 24 he is now chairman. He will now oversee the handling of the agency's $31 billion asset base.
According to the NIB Act, the Board shall consist of 11 members designated as directors, who shall be appointed by the line minister and should include three members nominated by the Government, three members nominated by the associations most representative of business, three members nominated by the associations most representative of labour and a person, who in the opinion of the minister, is independent of the Government, business and labour, who shall be the Chairman.
Full article - https://guardian.co.tt/news/nib-act-bre ... e8e1c8c4a1
Maybe they couldn't find a qualified independent person.
Redman wrote:NIB in problems more than a decade now, back to 2008 or 9
Like.most social welfare funds , low interest rates, aging populations, increasing cost, and our political directorate using nib grants etc as election gimmicks put the fund under pressure
The rules under which the investment committee need to be.modernised.
Collections need to be improved
Compliance rationalized.
What makes Ferriera unqualified?
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