That ministry alone accounted for unresolved monetary risks of 3.3 billion
There is literally too much to unpack here.
Seems like the AGs job is to constantly make recommendations that are ignored. How ironic is it that the Ministry that is responsible for distributions to the poor is also the one that has some of the glaring 'irregularities'.
Poor decisions at dozens of government departments have exposed more than $40 billion of taxpayers\u2019 money to loss or misuse, an analysis of the last two auditor general annual reports has shown. Read more here: https://t.co/vLwkhZlmDs #GLNRToday pic.twitter.com/Ymmdlnp0OM
— Jamaica Gleaner (@JamaicaGleaner) January 17, 2021
That ministry alone accounted for unresolved monetary risks of 3.3 billion
173 million..
Tardiness...
Disregard for it's own internal audit..
Significant internal control deficiences....
Lack of appetite to fix the problems flagged as far back as 2011!!!
"In a damning 2018 audit, Monroe Ellis found that in 2017, without permission, the NIF spent 27 million to purchase shares owned by the spouse of a senior executive."
50 million in payments made to companies without valid contracts....
That brings total taxpayer exposure to 35 billion...
But get this. IN THE LAST 15 YEARS NONE OF THE PAC ANNUAL REPORTS HAVE BEEN DEBATED IN PARLIAMNET.
Billions of dollars of our taxpayer dollars keep on being burnt in the dark over decades and we just, keep operating so???
Our standards are low.
Successive governments have spoken about accountability and corruption but I mean, it's either you can't fix it or you don't want to fix it!
How the Ministry responsible for the poor fi a "lose" "miss" so much money bredda? And thousands...
How this ministry fi have such issues wid money just so (BILLIONS) when poor people out deh affi a starve beg and steal fi survive daily.
Yah tell mi seh nobody wide actual power to stimulate change cah empathize.
Unnu think a Ms Ivelyn inna d ghetto a rob dem BILLIONS a dollar yah?
Accountability
As a youth weh know seh WHOLE HEAP a families a live offa 1 stall, couple hundred dollar a day. This hurt mi.
Den unnu come smile up inna man face a trick d hungry fi votes and start the cycle over again.
If u can't afford certain security and Jamaica a man goodly come eat u (not literally). But d man weh can change....
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Two year back thread on MFI, someone liked this so came up in notifications . Rather than running around 100s of indicators, I have made this my go to indicator under any circumstances and have been using this for years
This thread actually had some great answers , one can learn a lot about the thought processes of different traders from the answers. Please go thru them
What do you think/use as the most robust leading indicator if following technical analysis ? Please answer with reason , I will provide my answer after 2 hours
— Subhadip Nandy (@SubhadipNandy16) August 12, 2019
( At Delhi airport , bored as hell )
This thread actually had some great answers , one can learn a lot about the thought processes of different traders from the answers. Please go thru them
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So the cryptocurrency industry has basically two products, one which is relatively benign and doesn't have product market fit, and one which is malignant and does. The industry has a weird superposition of understanding this fact and (strategically?) not understanding it.
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.
If everyone was holding bitcoin on the old x86 in their parents basement, we would be finding a price bottom. The problem is the risk is all pooled at a few brokerages and a network of rotten exchanges with counter party risk that makes AIG circa 2008 look like a good credit.
— Greg Wester (@gwestr) November 25, 2018
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.
