Saturday, July 17, 2010

Letter: A Rowley PONZI scheme?

Lemme see if I have this right?

According to Dr. Keith Rowley, Trinidad and Tobago must continue to give a sizeable portion of the money it earns from monetizing its wasting natural resources so that those to whom it so gives shall be able to buy the bulk of the goods it manufactures for the purpose of exporting to them?

Well! If that's the case, then, in a nutshell, what Dr. Rowley stated outlines the nut-case philosophy - people enslavement rather than empowerment - which, for so long, Dr. Keith Rowley's aggregation has pushed as their favoured method - eventually they encased it as Vision 2020.

That vision hasn't led to anything but the further aggrandisement of the already well-heeled amongst our Caribbean trading partners by encouraging the fattening of long-established commission agencies who, through cloistered negotiation, gain exclusive distribution rights for Trinbagonian products.


Simply put, over the years the wise option would have been to use some of that money to establish sustainable industries in our fellow Caribbean countries, - industries all geared to using those countries' natural resources to generate finished products principally for extra-regional markets, thus teaching those countries to become fishermen instead of remaining dependent on Trinbagonian fish - which is what Dr. The Honourable Mary King has been professing for many a year.

Had the wise option been taken, the West Indies today would have been a force which none could dominate...as, once upon a time, in the west, east, north and south of the cricketing world, the West Indies was.

Dr. Rowley argues therefore for nothing but the perpetration of a Ponzi upon the good people of the Caribbean. Perhaps to Dr. Rowley then, a "Shut up!" is in order?

Richard Wm. Thomas,
5rivers.kid.publik@gmail.com

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Jai & Sero

Jai & Sero

Our family at home in Toronto 2008

Our family at home in Toronto 2008
Amit, Heather, Fuzz, Aj, Jiv, Shiva, Rampa, Sero, Jai