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Archive for the category “Economy”

Opinion: Blackmailing doesn’t work in negotiation of a budget, even if Trump and Republican’s think it works!

The United States of America is now without a captain, a head honcho and without clear steering leadership. President Donald J. Trump is clearly not stable or a capable person who can hold thought longer, than he holds his thirst for a Diet Coke. So it is old-fashion way that, when the weekend started and during the weekend. Either the White House or the Republican Party has assaulted the Democratic Party for not doing their patriotic duty. However, they are not the majority in the House of Representatives, they are not the majority in the Senate and they do not have the Presidency.

All of that should come into consideration as the Budget negotiations has been going on. There been counter measured to secure payments for soldiers and people in combat. While that has been silenced by the same Republican Party, that are blaming the Democrats. Its the whole way of discussing the deal and agreement with the minority leader, has proven to failing. That President Trump can get into one state of mind and then hours later a call from Chief of Staff John Kelly. Can sway in another direction. Then again can another call from Trump to Democratic leader Chuch Schumer being about another piece, that was not agreed upon.

Its this constant changes and not stability. Its the constant use of military and health care for the needy, while the same majority party has dismantled a lot of that in the tax-cut bill in late part 2017. So the Democrats knows how the Republican party operates, not for the people need, but for the needs of their donors. They don’t care about the CHIP Program and neither care about DREAMERS. That is evident by their way of reasoning and their way of negotiations. Trump clearly doesn’t care about these, he promises left and right, but just wants tax-cuts for him and another party at Mar-A-Lago in Florida.

That the Democrats has been in the trenches trying to fix something is evident. While Mitch McConnell and Paul Ryan have no heart. We knew they operated that out some time ago and its left behind in the closet of one of their main donors. Since, they are using the speeches of the past, but they are the ones that filibustered the crap out of the House and Senate during the Obama Years. Now that they cannot get 60 votes in the Senate. They are sending assaults to Schumer and the Democrats. It is insane!

When they are throwing out bi-partisan deals, by the time spent to forge a deal that both parties can work on and secure funding. Also for popular programs like CHIP and DACA. Clearly, the Republican party doesn’t see that, because they are lost in the InfoWars, Breitbart and Fox News news-cycle, where if they go outside of that paradigm. They will lose popularity in the needed midst of 20% – 30% electorate, which they need in the midterms 2018. Clearly, the Republican Party is afraid to look weak and not following promises made during the 2016 election.

While that is happening, the cost of this a government shutdown. That means many will not during next payout of salaries and government programs will cease until the shutdown is stopped. The natural funding and the in-activity will mean that many ordinary non-life danger programs will stop. This because the President and his party cannot be in balanced and stable in negotiations. They are their worst enemy, but playing the blame-game on Democrats. Who can support this government, but has no incentive to do, when they are shot down and has no reason to give way over nothing.

What the Republicans should do, which they won’t, is to look into themselves and their blackmailing of the other party. Nothing else has happen. That is why the speeches of McConnell and Ryan has been like they are. They know about the changes and calls between them and Democrats. Still, they are blaming them.

They are easily the opposite of Robin Hood, giving more to wealthy and less to the poor. They are struggling to govern, because their enemy is gone in the White House. The Republicans we’re good as long as the Freedom Caucus and the Tea Party Activist could block progressive and liberal ideas from the White House. But now that they have the man in the office and the Capitol Hill for themselves. They cannot explain or be able to agree themselves on what is key or important. Therefore, they have to make enemies out of the Democrats. Secondly, they expect to get away with that.

Not so strange, the blackmailing is their thing, it is the thing of Trump. That is why he has record of lawsuits during his corporate career, why he has not paid workers on his buildings and properties and then sued the contractors for negligence and whatnot. Trump has done that all his life and therefore, tries the same trick as President. However, this isn’t mob business or contractors who needs his money. This is people who has constituents and future votes to be in their favor. Democrats doesn’t need Trump. They don’t need him or his presidency. That is the truth. Trump, thinks everyone needs him and wants him. He is the center of the Universe. However, for the democrats, he is a necessary evil. A devil you work with, in need, but buries hopefully in the future.

So the Republican Party has gone wrongly about it all, they are the ones that need the Democrats. Not the other way around. They have the majority and is supposed to govern. It seems easy on West Wing and Yes Prime Minister. Therefore, they should feel the pinch and their guilt. Even as they deflect and even Kellyann Conway are on TV, still spreading the news of the deal-maker Trump is. Well, it is proven he is jello. It is proven that his shifting and short-term memory, also lack of focus is destroying the importance of the budget negotiations and their deadlines. Combined with the neglect of leadership from his side. Trump cannot whip his party into one focus and one line. If Fox & Friends or Breitbart excel a bad story. He will twist his mind and change way. That is not the way of making significant changes in law.

I think the Republican’s has to jump from the wall and find a middle-ground. If they are serious about governing and not just creating headlines. If the Republicans care about their government and the service it provides, other than giving tax-relief to the wealthy. Time is to open their minds and mouths, talk with the Democratic Party and see where they can go. Peace.

The NRM continues their evil financial circle, as the state debt grows to 31.2% in the FY 2018/19!

The National Resistance Movement (NRM) have over created a growing the debt. This meaning parts of the Financial Year of 2018/2019 is directly going to repay debt. NRM Regime is clearly paying more and more on the debt, than what they are paying for government services and also interest payment. The citizens of Uganda should be worried about how the NRM is projecting and using their funds, how they are adding debts to pay old debts. They are really disrespecting the wise people and the Republic. Since, they are over the time, not making the economy more healthy, but making it more sick. The signs has been there the last few years, as they are projecting petroleum profits. Even before it hits the ground running. It is worrying, that they are showing it this month in the numbers from the Parliamentary Budget Office.

The Present Value of public sector debt to GDP stood at 27.1 percent in FY 2016/17 and is projected to increase to 31.2 percent in FY 2017/18 below the thresholds of 50 percent stipulated in the Charter of Fiscal Responsibility” (Parliamentary Budget Office, P: 2, 2018).

If you wouldn’t worry that the debt in the public sector rises with 4.1 percent in one year. I don’t care about the charter. When a state is able to make it rise with 4.1 percent in budget year, it shows that the economy is not fiscal responsible, neither healthy. It’s like continue to super-size burgers, when you already fat and having high blood-pressure. It will weaken the system with the continued eating of the super-sized burgers, instead of trying to find a healthy diet. Which will change the blood-pressure and how the body will feel with a balanced diet. However, when it comes to economy, the NRM doesn’t believe this.

Domestic refinancing (borrowing to finance domestic debt) will account for 22 percent of total domestic resources” (…) “Domestic borrowing for purposes of financing the deficit is projected to

amount to UGX 939.9 billion” (…) “Project support will account for 97 percent of the total external resources while budget support will account 3 percent (from the World Bank and part of the PTA loan)” (Parliamentary Budget Office, P: 4, 2018). “Interest Payment projections include UGX 2,279bn for domestic securities (Treasury bills and bonds) and UGX 422bn for interest on external debt” (Parliamentary Budget Office, P: 5, 2018).

This here shows how the state is financing the debt and the repayment. Also how high they are pushing the domestic resources to repay domestic debt. This is clearly hitting the economy hard, when so big parts of the budget and resources is spent on repaying debt. This is all destroying the possibilities, since its taken a giant slice of the budget and using it on debts instead of paying salaries of teachers and civil servants.

This are the numbers, that people should take to heart. Because this debt and the rising debt is eating the budgets. The state is making it grow and is not containing it. That should worry anyone. Especially, the NRM who is in-charge and the President who has created this avenue and has to make sure this get payed. Peace.

Reference:

Parliamentary Budget Office – ‘INDICATIVE BUDGET AT A GLANCE – FY 2018/19’ (January 2018)

#TrumpShutDown: Secretary of Defense Mathis – Memorandum for the Deparment of Defense – “Subject: Guidance on the Government Shutdown” (19.01.2018)

It was a late birth for the New Cancer Machine at UCI, Mulago Hospital: The Saga lasted from 2013 to 2018!

Yesterday was supposed to be celebrated, but however, I can’t. Not honestly, not, no, not knowing that this process of procurement and knowledge of possible unnecessary demise of dozens of cancer patients, while waiting between March 2016 to January 2018 for possible treatment. It is insane.

Therefore, when I read crap like this yesterday, when the Machine was launched by Prime Minister Ruhakana Rugunda, I don’t celebrate:

“The Prime Minister Ruhakana Rugunda has commissioned the new radotherapy machine at the Uganda Cancer Institute Mulago. This follows the purchase of a new radiotherapy machine after the old one crushed in April 2016. According to Dr Daniel Kanyike the head of the radiotherpay department at Mulago, 80 patients are attended to per day and they suspect the number will increase after the commissioning today” (Sudhir Byaruhanga, 19.01.2018)

Because, I have a letter dated back to IAEA from Dr. Byahagaba from 28th May 2013, where the funding of 325,297 Euros was deposited to the UniCredit Bank, Austria, Vienna on the 22nd May 2013. To start the procurement of a new Cobalt 60 Cancer Machine to Uganda Cancer Institute at Mulago Hospital. However, this has been lost in the story, that suddenly NRM moved swiftly in 2017 and got it ready for 2018.

It might be true that old one from 1995 – finally gave way and broke down in April 2016 before the General Election, the same fall. However, that doesn’t mean, they started procurement and facilitating the funds for a new one. They used longer time and awaited the destruction of the old one, before getting a newer model that actually worked.

They didn’t act quickly or swiftly in this affair. They moshed it together in a stew and hope to get gold, instead they are boiling bones and hope to taste the real deal. It is a mess and was a mess.

Because I still remember this:

“Cancer patients receiving radiotherapy treatment at Mulago hospital may have to wait until next year when the new cobalt 60 radiation machine will be installed, after the old one broke down three weeks ago. According to Dr Jackson Orem, the director of Cancer Institute at Mulago hospital, it may be difficult to repair the radiotherapy machine, procured in 1995, to render efficient results” (EA BIZ INFO, 08.04.2016).

Secondly, when NRM says April 2016, well, Dr. Orem speaks about three weeks before April, that means it broke down in March 2016. So the NRM cannot hold one piece of the story correct. Not even when it breaks down!

Therefore, the promise waited on results because of hardships to make a new space and have a new machine in where the old one was. The Uganda Cancer Institute had to wait and secure funding for a new one, even if they had already started procurement in 2013. Something they should have focused one, before making sure the old one crashed. This has clearly cost lives, since the Cancer patients have not been sent in drones in Kenya. They got some promises to Aga Khan in Kenya, but that was only for a few lucky ones. We can imagine how many cancer patients lost their ability for treatment between March 2016 and January 2018. It is insane, but also the structure and carelessness the National Resistance Movement (NRM) is known for.

So this has been a long await, which could have fixed before and was already in the making. Who knows why the authorities and the NRM didn’t fix it in advance, when they already paid partial payment in 2013. Years before it broke down. It is foolish and nonsense, when this is the only type of this machine in the whole Republic. Then, not being able to for-see its demise.

Well, NRM can think of this a propaganda victory, since no-one is questioning much and just is happy. The public shouldn’t be, because why didn’t they fix it earlier and made sure for a transition from one machine to another? Peace.

Burundi: The Ministry of Labor adds stoppage on the civil servants salaries from January to secure funds for the 2020 Elections!

As the Burundian Government, the CNDD-FDD (The National Council for the Defense of Democracy–Forces for the Defense of Democracy), the ruling regime under President Pierre Nkurunziza are clearly gearing up for the Constitutional Change for securing a fourth term and also elections in 2020. Since he had a controlled election in 2015, that ushered in his official third term, which was questionable already. Therefore, creating insecurity and protest. That has led to refugees and to crisis, which is still until today. The Burundian government are really grasping everything and also stopping the any possible progress in the Inter-Burundian Dialogue, since it would mean that Nkurunziza had to step down. Something he is clearly not intending to do.

Today, on the 18th January 2018, the Ministry of Labor or “State Functions” has announced that every single state employee will be submitting their contribution through their salary from this month (January 2018), which will automatically be taken from their salary as a tax. The tax can be called “Contribution for 2020 Election”.

The Minister says this is their patriotic duty in a sense, that this can be seen as stoppage from the payment on the salary, since the Ministry of Labor is making this patriotic duty to secure funding for the coming election and changes of Constitution so that the President can run in 2020. This proves how messed up the Burundian government is. When the Minister for Labor Félix Mpozeriniga have announced this to all public servants, civil servants or government officials.

So we can officially know that Pierre Nkurunziza plans a fourth term, as his party and regime is even adding taxes on the state employees, through the stoppage in patriotic view, as the “Contribution for 2020 Election”, which this is and they are doing it because they know they will not be questioned or have anyone who discuss this internally.

The levy, the added tax and the stoppage is a proof of the plan and we can just await the days of a change of the constitution, so that the Nkurunziza government can continue to rule without any doubt. For the doubters that he would ever leave, should know question their own brilliant mind. Nkurunziza has no interest in stepping down. He will only leave if someone ends his life. Nkurunziza will keep this post until someone do a coup d’etat against him. Because he will change the laws and use the position until he stops breathing. Anything else, is a lie against the narrative he has already created.

That is why CNDD-FDD and Nkurunziza will pursuit anyway necessary to stay in power. This is yet another proof of that, not only interfering and controlling the Inter-Burundian Dialogue, so that the real opposition and the ones who is seen as enemies will be detained, assassinated or flee to exile. That is the state of affairs.

This is what Nkurunziza does and what he wants to continue by any means. Now adding extra taxes to make sure that happens. Peace.

Kenya: EU suspends its support for Water Towers in view of Reported Human Rights Abuses (17.01.2018)

Zimbabwe: Press Statement on De-Dollarisation (17.01.2018)

Uganda: Museveni letter to UNRA – “Amicable Solution with Dott Services LTD, To Complete Nakalama-Tirinyi-Mbale Road” (08.01.2018)

Opinion: Jubilee is ready to skin you now that the elections are over!

Let it be known that the State Coffers and the Government isn’t a well-oiled machine, the Kenyan government is taking up debt to cover old debt, which is all created by the current administration and the current President Uhuru Kenyatta and Deputy President William Ruto. Both of them have taken up expensive loans for both running the government, but also development projects. However, they have run their tab and is struggling.

They have subsidized lots of things people needs, they have paid providers and importers, they have made sure the costs of importing and producing has been lower. Especially in the months in advance of the Presidential Elections in 2017 and also a little after. However, they don’t need the votes and public goodwill anymore. Therefore, the subsidizes are now ceasing to exist.

The prices of gasoline and similar products are going up now in January. The prices of electricity has already been rising. The eminent rise of prices on UNGA is also coming. All of this is coming, as the subsidizes are ceased. The Jubilee Government cannot afford the billing and the tab, they have gained so much debt, that they cannot muster enough money to pay for this too.

Expect sugar and cooking oil to go up. If the airtime for the phone companies and the charges on M-Pesa would go up as well. All the Mobile Money and Airtime could also rise. The inflation and the current instability in the economy will hit all parts of the economy. The signs are there and the government need to tax and get more fresh funds. Easiest is to charge every single costumer and citizens through what they are already needing and spending on. That is all of this.

Make sure that the needed products, the food, the electricity and the gas cost more. So that the charcoal and other ways of heating will cost more. There will be more blackouts and less businesses can afford to hold the generators working.

Parents are also feeling growing school-fees combined with payment for uniforms and extra curricular activities. All of this is adding cost and making it harder for people to send their kids to school. This all combined means that there is a higher cost of living, while the salaries are not following. Meaning that the citizens are getting poorer, by just existing and breathing in the same space as the politicians.

That the Jubilee Alliance Party have tricked the public is clear, that they are trying to earn money on the public and find ways to fix their ill-gained debt spiral with added taxes and higher cost of living. The expenses of ordinary and needed products are rising. It is worrying, the signal of a falling economy and problematic investor space. Where cartels are controlling sugar, flour-milling and imports. Where the cronies and families of the political circle are owner and involved in key businesses.

We can wonder why it had to happen just small months after the elections and the swearing-in in November 2017. That Kenyatta and Ruto have planned this for a while. That is why the Forex Levy is now being changed and making things more costly. The UNGA and Sugar subsidy are also gone, as it was just a temporary relief. The gasoline and the electricity are controlled by the state and special levy, which is now taken away.

The ones paying this is the public, its the citizens and the politicians, the government know why it happens and let it happen. We can wonder, why they are accepting making life harder for their citizens. Peace.

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