Brace yourself for devaluation
The Editor: I wonder what the people of Trinidad expected when they elected the PNM into power. I always expected gas to increase. PNM is famous for that. And very soon, brace yourself for devaluation. It’s inevitable. It’s PNM’s history. When UNC was in power the price of oil went down to US$9 a barrel but there were never any increases in the price of gas, nor was there any devaluations. They built bridges, schools, paved roads, police stations, regularised the foreign used care market (hence making cars available to poor people), removed duties on computers so every Tom and Dick could own a computer, cut taxes and gave teachers their much deserved salary increases. Trinidadians have a really bad memory, but these things were done under the UNC. Remember when a computer was $15,000. Now you could get a computer for less than $4,000. Thank the UNC for that. Please note, I am not a UNC member, but credit must be given where it is due. Now the price of gas is the highest it has ever been but there is talk from the Minister of Finance of gas increase. That is PNM’s ideology. What do you expect? They would say the reason is the Government has to pay huge subsidies because the price of world oil, but what about the money we make extra because of the increased oil prices? What will the PNM have to show after their stint in power? Oh, I forgot, a stadium for Tsunami relief. What a joke. Imagine a senior politician is recorded as saying in case of Tsunami we have a shelter. And people justifying that. The City of Port-of-Spain flooding if rain falls continuously for half an hour, but a company gets a multi-million dollar contract to study flooding in Cocoyea. I wonder why? When gas prices go up, everything goes up, from food to hardware materials, from transport to clothes. So my dear Trinidadians, all who say them is PNM till they die and don’t think about the consequences of voting race, well take it in your waist! G DAVIS Santa Rosa Heights
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"Brace yourself for devaluation"