fiyah pon bruce

[blugiant]

Re: fiyah pon bruce

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: blakkgiant</div><div class="ubbcode-body">
bruce sed imm returned sum aff de money imm borrowed dat imm put inn resevered cah itt wass too xxpensive

soo yu admit dat watt mii seyinn factual ann wass reported inn ja paypah. doan chruss dem talk show peeps dat y mii rarelee lissen to dem cah dem spinn tings wurst dan mi </div></div>

It was in the paypah? so it must be accurate den ..specially if it was in the gleaner...

why don't you take some time to read the ministry of finance reports on what the debt actually is and what the change is.
read about the reason and aims of last years debt exchange exercise </div></div>

yu knoo mii read boat side aff de issue, natt juss da gleana version. doan chruss ar beleeve da argument putt farward. yu seyinn dat bruce ann imm peeps seyinn yess imf tekk bakk sum aff de money wey wi barrawed cah we doan need itt cah wii decided fe squeeze poor peeps harder amid cancerns dat ja might natt ave passed de imf tests. iff dem neva needed de money y borrow itt inn da furst place wen doinn dat imposed candition pon ja.

still mii wass hopinn yu challenge mii soo mii cood brinupp da issue aff bruce bailing out sum bigg bizz widd da money imm borrow fram de imf raddar dan lettinn dem fail. mii wandar witch bigg bizz jamaica bailed out cah wii knoo bruce, jlp ann pnp beeleeve inn transpearances

sah lang thyme mii seyinn ja shood ave defaulted like agentina ann keep away fram barrawinn

[X]

Re: fiyah pon bruce

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: blakkgiant</div><div class="ubbcode-body">
sah lang thyme mii seyinn<span style="font-weight: bold"> ja shood ave defaulted like agentina </span>ann keep away fram barrawinn </div></div>

Seaga been reccommending this for years.. Bruce didnt listen.. for <span style="font-weight: bold">that</span> Bruce is at fault..
he isnt perfect, but..

[RichD]

Re: fiyah pon bruce

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: blakkgiant</div><div class="ubbcode-body">
sah lang thyme mii seyinn ja shood ave defaulted like agentina ann keep away fram barrawinn </div></div>

Jamaica could not default...too much of the debt is held by jamaicans....Omar for years persued a high interest rate policy which caused the destruction of any productive capacity in jamaica...look at SEPROD...they produce nothing yet make Millions in profit every year, their business is holding Ja govt paper. ...many small Jamaicans have their entire life savings invested in govt bonds directly or indirectly.

[RichD]

Re: fiyah pon bruce

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: hol_nexKs</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: blakkgiant</div><div class="ubbcode-body">
sah lang thyme mii seyinn<span style="font-weight: bold"> ja shood ave defaulted like agentina </span>ann keep away fram barrawinn </div></div>

Seaga been reccommending this for years.. Bruce didnt listen.. for <span style="font-weight: bold">that</span> Bruce is at fault..
he isnt perfect, but.. </div></div>

at the time the debt was mainly external...after 18 years of omar that changed

[X]

Re: fiyah pon bruce

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: blakkgiant</div><div class="ubbcode-body">
sah lang thyme mii seyinn ja shood ave defaulted like agentina ann keep away fram barrawinn </div></div>

Jamaica could not default...too much of the debt is held by jamaicans....Omar for years persued a high interest rate policy which caused the destruction of any productive capacity in jamaica...look at SEPROD...they produce nothing yet make Millions in profit every year, their business is holding Ja govt paper. ...many small Jamaicans have their entire life savings invested in govt bonds directly or indirectly. </div></div>

no RichD..
with all due respeck.. many Jamaicans had their life savings invested in CashPlus, Olint and the lot, not govt paper.
Micheal Lee Chin took care of that, yet the people survive..

Argentina defaulted.. now it see an anual growth rate of 8%.. In the midst of a global economic storm, Argintina is experiencing an economic boom.
Sometime you just have to just amputate the cancerous limb suh that the body can survive..
Jamaica's debt is a cancer and our approch for servicing it is just liike feeding it robitussin..

[RichD]

Re: fiyah pon bruce

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: hol_nexKs</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: blakkgiant</div><div class="ubbcode-body">
sah lang thyme mii seyinn ja shood ave defaulted like agentina ann keep away fram barrawinn </div></div>

Jamaica could not default...too much of the debt is held by jamaicans....Omar for years persued a high interest rate policy which caused the destruction of any productive capacity in jamaica...look at SEPROD...they produce nothing yet make Millions in profit every year, their business is holding Ja govt paper. ...many small Jamaicans have their entire life savings invested in govt bonds directly or indirectly. </div></div>




no RichD..
with all due respeck.. many Jamaicans had their life savings invested in CashPlus, and the lot, not govt paper.
Micheal Lee Chin took care of that, yet the people survive..

Argentina defaulted.. now it see an anual growth rate of 8%.. In the midst of a global economic storm, Argintina is experiencing an economic boom.
Sometime you just have to just amputate the cancerous limb suh that the body can survive..
Jamaica's debt is a cancer.. </div></div>

cash plus was pennies compared to what is held by jamaicans in govt bonds


unlike Jamaica the bulk of argentina's debt was external..

in the early 90's i thought Jamaica was actually on a path towards this goal when they had almost completely externalized the debt..back then the ratio of domestic debt to external debt was 1:4 now its like 1.5:1


cash plus $15 billion gov bond $750 billion

[X]

Re: fiyah pon bruce

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: hol_nexKs</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: blakkgiant</div><div class="ubbcode-body">
sah lang thyme mii seyinn ja shood ave defaulted like agentina ann keep away fram barrawinn </div></div>

Jamaica could not default...too much of the debt is held by jamaicans....Omar for years persued a high interest rate policy which caused the destruction of any productive capacity in jamaica...look at SEPROD...they produce nothing yet make Millions in profit every year, their business is holding Ja govt paper. ...many small Jamaicans have their entire life savings invested in govt bonds directly or indirectly. </div></div>




no RichD..
with all due respeck.. many Jamaicans had their life savings invested in CashPlus, and the lot, not govt paper.
Micheal Lee Chin took care of that, yet the people survive..

Argentina defaulted.. now it see an anual growth rate of 8%.. In the midst of a global economic storm, Argintina is experiencing an economic boom.
Sometime you just have to just amputate the cancerous limb suh that the body can survive..
Jamaica's debt is a cancer.. </div></div>

cash plus was pennies compared to what is held by jamaicans in govt bonds


unlike Jamaica the bulk of argentina's debt was external..

in the early 90's i thought Jamaica was actually on a path towards this goal when they had almost completely externalized the debt..back then the ratio of domestic debt to external debt was 1:4 now its like 1.5:1


cash plus $15 billion gov bond $750 billion </div></div>

Alright.. first meck mi put on mi DUNCE cap cause mi talking from a position of what I call “The Omar Davis Doctrine”.. that is, a position of ZERO economic intelligence. ..

First, There were quite a few so called US$$ “Ponzi” schemes that Jamaicans had their savings in, not just CashPlus, where as you said amounted for $15billion..
There was also Olint and many more, whose names escape me right now.
MANY Jamaicans also traded privately and for close family and friends, as there was quite a bit of “seminars” to teach Jamaicans how to trade US$.

If the money in these schemes were pittances, why did it hit the economy so hard? for example, why did the developers of upper middle income homes take a hit when these schemes were terminated?
The fact is many Jamaicnas had paid down in nice gated upscale developments like say Richmond (along the St. Ann coast line).. but found it impossible to close the deals when their moneies got tied up in the investigations.
Just check Richmond estates right now and see how far behind they are/were on their projected developments.

Didn’t the Argentinean population also had their savings in govt paper? They survived.

Don’t buy that Jamaica could not have survived defaulting.. well not because of the govt bond and external debt argument..

[Skelly]

Re: fiyah pon bruce

lass place a PJ???

****wheel an tun***

[blugiant]

Re: fiyah pon bruce

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: hol_nexKs</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: blakkgiant</div><div class="ubbcode-body">
sah lang thyme mii seyinn<span style="font-weight: bold"> ja shood ave defaulted like agentina </span>ann keep away fram barrawinn </div></div>

Seaga been reccommending this for years.. Bruce didnt listen.. for <span style="font-weight: bold">that</span> Bruce is at fault..
he isnt perfect, but.. </div></div>

seaga iss a joke. unda busta seaga inflated ja xxchange rate. wen seaga wass pm imm implemented policee weaken da xxchange fe eecyaanyamikk growth. seaga got soo much money dat imm mismange ja boom ann bust cycle. doan chruss eddie

bruce inherited pj mess butt imm shood ave defaulted. argentina showed bruce oww fe do itt

[blugiant]

Re: fiyah pon bruce

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: blakkgiant</div><div class="ubbcode-body">
sah lang thyme mii seyinn ja shood ave defaulted like agentina ann keep away fram barrawinn </div></div>

Jamaica could not default...too much of the debt is held by jamaicans....Omar for years persued a high interest rate policy which caused the destruction of any productive capacity in jamaica...look at SEPROD...they produce nothing yet make Millions in profit every year, their business is holding Ja govt paper. ...many small Jamaicans have their entire life savings invested in govt bonds directly or indirectly. </div></div>

wey yu chattinn bout iss derivative ann oww dem use risk fe run ting. lehman wass wan aff de biggar paypah holdinn firms butt dem fail. de argument iss dat since dem ooldinn soo much ja papers dem too bigg fe fall soo dat bruce cyaan default ann affi fe bail dem out ar risk bigg prablem. well buy out share ann since ja wood own moas aff de shares runn itt.

imagine moas jamaicans butt dem money inn deerippafftive den ja guv (taxinn peeeps) affii bail dem out so de ting iss ja peeps affii pay twice

again mii askinn woo iss da companies dat bruce add fii barraw money fe bail out. pint to annadda reason y bruce deserve de fiyah

[RichD]

Re: fiyah pon bruce

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: blakkgiant</div><div class="ubbcode-body">

again mii askinn woo iss da companies dat bruce add fii barraw money fe bail out. pint to annadda reason y bruce deserve de fiyah </div></div>

which companies?

[RichD]

Re: fiyah pon bruce

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: hol_nexKs</div><div class="ubbcode-body">






unlike Jamaica the bulk of argentina's debt was external..

in the early 90's i thought Jamaica was actually on a path towards this goal when they had almost completely externalized the debt..back then the ratio of domestic debt to external debt was 1:4 now its like 1.5:1


cash plus $15 billion gov bond $750 billion

Alright.. first meck mi put on mi DUNCE cap cause mi talking from a position of what I call “The Omar Davis Doctrine”.. that is, a position of ZERO economic intelligence. ..

First, There were quite a few so called US$$ “Ponzi” schemes that Jamaicans had their savings in, not just CashPlus, where as you said amounted for $15billion..
There was also Olint and many more, whose names escape me right now.
MANY Jamaicans also traded privately and for close family and friends, as there was quite a bit of “seminars” to teach Jamaicans how to trade US$.

If the money in these schemes were pittances, why did it hit the economy so hard? for example, why did the developers of upper middle income homes take a hit when these schemes were terminated?
The fact is many Jamaicnas had paid down in nice gated upscale developments like say Richmond (along the St. Ann coast line).. but found it impossible to close the deals when their moneies got tied up in the investigations.
Just check Richmond estates right now and see how far behind they are/were on their projected developments.

Didn’t the Argentinean population also had their savings in govt paper? They survived.

Don’t buy that Jamaica could not have survived defaulting.. well not because of the govt bond and external debt argument..
</div></div>


this come in like the revolution argument..of course Jamaica will survive...that does not mean it is the best option. where are the scholars and pundits pushing this course of action?

[blugiant]

Re: fiyah pon bruce

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: blakkgiant</div><div class="ubbcode-body">

again mii askinn woo iss da companies dat bruce add fii barraw money fe bail out. pint to annadda reason y bruce deserve de fiyah </div></div>

which companies? </div></div>

da argument iss sum aff internal paypah debt companies dat bruce add fii barraw money fe bail out needed fe fail. da argument bout jamaicans wood loose iss sumwat rite butt da solution dat bruce butt faward iff fe barraw fe pay aff debt by agreeinn to tax jamaicans more. double taxation ting a gawn ann bruce decide fe pay ginnal bye taxinn poor peeps more

bruce shood shame fe mekk argument oww oww jamaicans need fe pay more tax

[Magician]

Re: fiyah pon bruce

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: hol_nexKs</div><div class="ubbcode-body">Ratings:
1. Alexander Bustamante
2. Edward Seaga
3. Norman Manley (*as Chief)
4. Bruce Golding
5. Michael Manley
6. Hugh Shearer
7. Donald Sangster
Last place. PJ Patterson &amp; Portia Simpson neck-n-neck.. </div></div>

How Sangsta get no ratings?
Is not him fault him drop ded before anyting good happm (or any scandal buss)

Him mussi do sintin right fi get airport name afta him.

[RichD]

Re: fiyah pon bruce

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: blakkgiant</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: blakkgiant</div><div class="ubbcode-body">
sah lang thyme mii seyinn ja shood ave defaulted like agentina ann keep away fram barrawinn </div></div>

Jamaica could not default...too much of the debt is held by jamaicans....Omar for years persued a high interest rate policy which caused the destruction of any productive capacity in jamaica...look at SEPROD...they produce nothing yet make Millions in profit every year, their business is holding Ja govt paper. ...many small Jamaicans have their entire life savings invested in govt bonds directly or indirectly. </div></div>

wey yu chattinn bout iss derivative ann oww dem use risk fe run ting. lehman wass wan aff de biggar paypah holdinn firms butt dem fail. de argument iss dat since dem ooldinn soo much ja papers dem too bigg fe fall soo dat bruce cyaan default ann affi fe bail dem out ar risk bigg prablem. well buy out share ann since ja wood own moas aff de shares runn itt.

imagine moas jamaicans butt dem money inn deerippafftive den ja guv (taxinn peeeps) affii bail dem out so de ting iss ja peeps affii pay twice

again mii askinn woo iss da companies dat bruce add fii barraw money fe bail out. pint to annadda reason y bruce deserve de fiyah </div></div>

do you even have a clue about what you talking about?

I'm not talking about any derivatives... I'm referring to Government of Jamaica bonds (the equivalent of US treasury notes) There is no comparison with Lehmans.