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Jamaica: Adrift on a Sea of Incompetence...

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  • Jamaica: Adrift on a Sea of Incompetence...

    .....JLP following the PNP plan...from Genetically Linked Corruption to Genetically Encoded Mediocrity.


    Commentary: Personal financial prosperity versus a failing economy - A true Jamaican puzzle

    Published: Friday | November 13, 2009


    Wilberne Persaud, Financial Gleaner Columnist
    It's a great puzzle to me and to everyone with whom I speak. They want to know why Jamaica - with proceeds from bauxite extraction for over 50 years, famed Blue Mountain coffee, cocoa coveted for high-end blending, Bob Marley, a vibrant local theatre and arts movement, Usain Bolt - the list goes on - finds itself in such dire straits for so long.


    How can individual citizens prosper so convincingly in chosen personal endeavours, in wealthy businesses providing good income, while the society, as a whole, seems absolutely hell-bent on destruction?
    The currency creeps or slumps from 5:1 to 90:1 US dollar.
    Unemployment hovers among double digits as the economy endures contraction in economic production described by the euphemistic term 'negative growth'.


    Now, during potentially the deepest recession in almost a century, we fire our central bank governor; mind you, not during festivities but amid crucial talks with our banker of resort, the International Monetary Fund.
    Are we insane? Do we love shooting ourselves in the foot?


    Almost simultaneously, as if the two were out-of-tune recalcitrant lead violinists required to quit the orchestra of folly, our previously high-performing army boss, Rear Admiral Hardley Lewin, left the job of police commissioner in earnest, at his second attempt in less than two years.

    Usain Bolt, now a Jamaican brand.


    Whereas previously he was prevailed upon to stay, now the political directorate seems happy to see his back.


    As The Gleaner has reported though: "Lewin has adamantly refused to shoulder the blame for the current crime level, saying the political directorate had failed to provide him with a crime plan. He has, in the past, criticised politicians for their role in fomenting tribalistic violence in garrison constituencies and causing the tentacles of crime to choke the society at large."


    Turning to the key ministry of finance, Don Wehby, the private sector whiz kid on loan to the Government has left. I don't know if we should view his role as night watchman since this was the game plan.
    His move is, therefore, neither ship-jumping nor man overboard. Yet none of the objectives he was meant to achieve seem to have materialised.


    Previously, the government found it difficult to identify a suitable professional as financial secretary after their apparently hand-picked choice failed at the crease.
    The solution here was to cannibalise another key entity - the Planning Institute of Jamaica - to fill the breach.


    Air Jamaica, bleeding dollars but with some sign of cauterisation, is to be sold. Then again, perhaps not.
    Is all this some sort of juvenile hopscotch being played with critical squares in our potential path to prosperity?


    We must be left to wonder at this entire reality screenplay taking place with the ominous backdrop of the US feds requesting extradition of at least one major player in the firmament of competing garrison constituencies.
    What therefore, is this picture we see here? It's anything but good governance.


    Somehow our civil and police services have been unable to fill their top ranks by what should have been routine succession planning.
    Is it that 40 years of special advisors, statutory corporations created to avoid normal scrutiny of public functions, functionaries and expenditure and 'jobs for the boys' - sometimes girls too - has created a dearth of skilled and experienced talent at key nodes in our systems of governance? Is it that the phenomenon I have dubbed "genetic encoding of mediocrity" has finally come home to haunt us?


    For those who don't know this process, "genetic encoding of mediocrity" occurs in an organisation if and when top bosses lack self-confidence, are incompetent or are scared of bright, young, enthusiastic junior staff - or some combination of the latter. These problems lead them to stamp leather-soled Bally shoes on youngsters' feet as they attempt to climb the ladder of success within the organisation. They prefer less enterprising yes-men.


    These less enterprising yes-men are decidedly more cruel to young talent than the big boss. They wipe out the new and vibrant gene pool.
    Quite distinct from the lions' pride in which an alpha male from another genetic line comes in and takes over, thereby infusing genetic variety and strength to the pride, in the former scheme, the organisation atrophies, withers on the vine.


    Another possibility is that, somehow, the governing Jamaica Labour Party's strategy sessions prior to being elected in 2007 did not cover all the bases required for their transition from 18 years in opposition to one of their first few years of governance. It is well-known that their funding base was well-supported and their election machinery well- oiled and firing - pardon me, no pun intended.


    It could, just as well, be a mixture of both these two conditions. Regardless of cause, we are left with a feeling of being adrift.
    It seems high time for our Prime Minister to communicate a vision to us as a people. There are difficulties aplenty. But, in this boat we occupy, it's better to know where we're potentially headed and whose task it is to man the sails, bail out, hold, add or jettison, ballast, and so on.


    The vision thing, the communication thing, is key even if we're hurting.
    Candidate Barack Obama figured that out. It was 'Yes we can' not 'Yes I can'. Check that out.
    TIVOLI: THE DESTRUCTION OF JAMAICA'S EVIL EMPIRE

    Recognizing the victims of Jamaica's horrendous criminality and exposing the Dummies like Dippy supporting criminals by their deeds.. or their silence.

    D1 - Xposing Dummies since 2007

  • #2
    It funny how all them PNP yah expect all Jamaican ills to be solved by a JLP government inna two years without misteps, confusions and no changes.

    When was these people yelling about the same thing in the last 10 years? wasn't this man a big defender of FINSAC? Weren't we adrift then?
    • Don't let negative things break you, instead let it be your strength, your reason for growth. Life is for living and I won't spend my life feeling cheated and downtrodden.

    Comment


    • #3
      Originally posted by Assasin View Post
      It funny how all them PNP yah expect all Jamaican ills to be solved by a JLP government inna two years without misteps, confusions and no changes.

      When was these people yelling about the same thing in the last 10 years? wasn't this man a big defender of FINSAC? Weren't we adrift then?
      Who ah PNP?? Yuh sound like di Rear Admiral.. im ah yuh Drivah yahsuh?? LOL!!

      Incompetence is incompetence...whether it be PNP or JLP. The JLP is demonstrating a similar incompetence and lack of vision as the PNP....give them 5-10 more years and they will be show the same corruption the PNP displayed.

      Things are just as I predicted many moons ago.... no worse....I'm not happy to be proved 100% correct....but ah suh di ting set....strait
      TIVOLI: THE DESTRUCTION OF JAMAICA'S EVIL EMPIRE

      Recognizing the victims of Jamaica's horrendous criminality and exposing the Dummies like Dippy supporting criminals by their deeds.. or their silence.

      D1 - Xposing Dummies since 2007

      Comment


      • #4
        that's it, sass? if someone dare criticises di drivah him is a pnp?


        BLACK LIVES MATTER

        Comment


        • #5
          No but a good assessment would help.
          Can there be any positives in what seem to be crisis?

          How long has we been drifting a sea? Was FINSAC drifting a sea or steadying the ship?

          Could there be any positives in things like firing Lattibudierre? The commish? One could argue that what Bruce is doing is steadying the ship.

          Show me a positive article from this man about anything since the change of government. He has never attacked the former government the way he is doing now.
          • Don't let negative things break you, instead let it be your strength, your reason for growth. Life is for living and I won't spend my life feeling cheated and downtrodden.

          Comment


          • #6
            Well can the people who COMPETENT get together and work out all the ills and mek the damn place betta!

            Mi tyad of all the ******************** that is happening. Last night I'm on the phone wid my fren in Jam. him hear screaming and look out - a 5 youths with gun trying to rob a neighbor.
            Life is a system of half-truths and lies, opportunistic, convenient evasion.”
            - Langston Hughes

            Comment


            • #7
              Well unuh believe the country can be transformed overnight after many years of incompetence.
              Winning means you're willing to go longer, work harder, and give more than anyone else - Vince Lombardi

              Comment


              • #8
                that is what I am saying. Sometimes it doesn't hurt to bring in new blood.
                The fact is it is possible crisis can bring out the best in people and I hope for the best.

                People can't pretend that everything was ok until the JLP and the world economic crisis hit. If the ship adrift, a no just now.
                • Don't let negative things break you, instead let it be your strength, your reason for growth. Life is for living and I won't spend my life feeling cheated and downtrodden.

                Comment


                • #9
                  Originally posted by Assasin View Post
                  that is what I am saying. Sometimes it doesn't hurt to bring in new blood.
                  The fact is it is possible crisis can bring out the best in people and I hope for the best.

                  People can't pretend that everything was ok until the JLP and the world economic crisis hit. If the ship adrift, a no just now.
                  As usual you miss the point.... a specialty of yours.
                  TIVOLI: THE DESTRUCTION OF JAMAICA'S EVIL EMPIRE

                  Recognizing the victims of Jamaica's horrendous criminality and exposing the Dummies like Dippy supporting criminals by their deeds.. or their silence.

                  D1 - Xposing Dummies since 2007

                  Comment


                  • #10
                    And some of these "holier" than thou columnist wearing on my nerves. Why the heck they don't get down to the nitty gritty and HELP, instead of being on the darn pulpit and preaching to the choir.

                    Tiad fi read bout the constant doom and gloom.
                    Life is a system of half-truths and lies, opportunistic, convenient evasion.”
                    - Langston Hughes

                    Comment


                    • #11
                      Originally posted by Hortical View Post
                      Well unuh believe the country can be transformed overnight after many years of incompetence.
                      nope...especially not when the incompetence and lack of vision continues to this day.

                      That's the point.
                      TIVOLI: THE DESTRUCTION OF JAMAICA'S EVIL EMPIRE

                      Recognizing the victims of Jamaica's horrendous criminality and exposing the Dummies like Dippy supporting criminals by their deeds.. or their silence.

                      D1 - Xposing Dummies since 2007

                      Comment


                      • #12
                        yeah, your point is Jamaica going to hell under Golding.
                        • Don't let negative things break you, instead let it be your strength, your reason for growth. Life is for living and I won't spend my life feeling cheated and downtrodden.

                        Comment


                        • #13
                          Persaud.. di name sound vaguely familiar..

                          Mek mi do a search for his other 'Critical Analysis' articles over the last 18 years.. should get many hits... hmm maybe I should not.. don't want to overload the servers.

                          lol !

                          Wi si dem and wi know dem:

                          "It is relevant for readers to knowthat Mr. Persuad served as a director of Finsac and is also a close ally of Finance Minister Dr. Omar Davies. Both were lecturers at the University of the West Indies.

                          Mr. Persaud was very involved as a policymaker at Finsac and readers can draw their own conclusions as to whether he is biased from the material presented and the tone that is reflected in his writing.

                          It is instructive to quote the promo to his book, Jamaica Meltdown: "Unwarranted optimism guided Jamaica's indigenous financial sector institutions. They converted cash to speculative investments. Driven more by egos than economics they built grand head offices - dubbed the 'edifice complex' by one of Jamaica's most successful businessmen. Some of their activities skirted legal lines. The Courts adjudged others outright fraud. This general attitude and euphoric behaviours always precede a crash."

                          Such writing is emotive and in parts factually wrong. I am not aware of any of the principal players being charged with fraud. The mindset of Mr. Persuad is clear. It is not surprising that his writings are strong on opinions but short on objective analyses. This makes them merely polemic.

                          In one of his columns he made the extraordinary claim that there was no financial crisis in the financial sector in Jamaica. One has to ask whether Mr. Persuad lives in the real world. Any commentary that follows must be clouded by this outrageous assertion. "

                          Did I miss a revival... is bare Born Again 'Unbiased' 'Non-Politica'l a pop out of the woodwork...

                          LOL !!! WHOEE !!!

                          Comment


                          • #14
                            Originally posted by Maudib View Post
                            Persaud.. di name sound vaguely familiar..

                            Mek mi do a search for his other 'Critical Analysis' articles over the last 18 years.. should get many hits... hmm maybe I should not.. don't want to overload the servers.

                            lol !

                            Wi si dem and wi know dem:

                            "It is relevant for readers to knowthat Mr. Persuad served as a director of Finsac and is also a close ally of Finance Minister Dr. Omar Davies. Both were lecturers at the University of the West Indies.

                            Mr. Persaud was very involved as a policymaker at Finsac and readers can draw their own conclusions as to whether he is biased from the material presented and the tone that is reflected in his writing.

                            It is instructive to quote the promo to his book, Jamaica Meltdown: "Unwarranted optimism guided Jamaica's indigenous financial sector institutions. They converted cash to speculative investments. Driven more by egos than economics they built grand head offices - dubbed the 'edifice complex' by one of Jamaica's most successful businessmen. Some of their activities skirted legal lines. The Courts adjudged others outright fraud. This general attitude and euphoric behaviours always precede a crash."

                            Such writing is emotive and in parts factually wrong. I am not aware of any of the principal players being charged with fraud. The mindset of Mr. Persuad is clear. It is not surprising that his writings are strong on opinions but short on objective analyses. This makes them merely polemic.

                            In one of his columns he made the extraordinary claim that there was no financial crisis in the financial sector in Jamaica. One has to ask whether Mr. Persuad lives in the real world. Any commentary that follows must be clouded by this outrageous assertion. "

                            Did I miss a revival... is bare Born Again 'Unbiased' 'Non-Politica'l a pop out of the woodwork...

                            LOL !!! WHOEE !!!
                            tiyad argument mek mi sleepy..nite nite
                            TIVOLI: THE DESTRUCTION OF JAMAICA'S EVIL EMPIRE

                            Recognizing the victims of Jamaica's horrendous criminality and exposing the Dummies like Dippy supporting criminals by their deeds.. or their silence.

                            D1 - Xposing Dummies since 2007

                            Comment


                            • #15
                              I agree.. give them 5-10 more years... in fact give them 18.. I am willing to bet that their corruption record would not even begin to approach what obtained under the PNP... similarly to the incompetence record and the economic derailment record or their massive debt accumulation record.

                              Under the PNP 70% reduction in GDP 1 Trillion Dollars in Debt with the attendant corruption list and a short list of resignations/dismissals.. That is not a record that should be be spoken about lightly.. talks of another administration coming anywhere close to that should be spoke about after the fact.. premature speculation would have to be considered to be driven by a heavy dose of bias or cynicism (more understandable after 18 years of PNP Govt)

                              The frothing at the mouth so early betrays your attempted sleight of hand..

                              As mi warn Mosiah.. pace unnuhselves.. unnuh just 2 years out of power..

                              Mine Unnuh heart string buss..

                              Comment

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