Save for rainy days to come

THE EDITOR: The facts revealed about the Oil Stabilisation Fund are startling. We hear now that the legislation was not passed by the time UNC left office, who incidentally are responsible for voluntarily putting $1,015 billion into the Fund.

Since that, no money has been added to the fund by the PNM and no money has been taken out yet. To date, the Fund has increased by $20M through interest only. The oil price then to the oil price now is positively different, so why no savings? Do you have to have legislation to save? Would legislation make you save more? It is the same as saying “support the Anti-Kidnapping bill to help solve crime”. Such stupidity. Put ting on paper and crime would be solved. Put ting on paper and we go save money.

All this dotish talk bout legislation and bills and bills is just diversionary tactics to enjoy things without the law hounding you. No morals? With the high oil price, over $1 billion could have been saved and the feting could have gone on through CEPEP, jobs for notorious community leaders, URP, no better friends returns, Friday evening limes countrywide, sponsorship to lime and fete and exorbitant contracts and appointments. Put ah lil money in de Fund nah.


LYSTRA LYTHE
Sangre Grande

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"Save for rainy days to come"

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