pqt@sibis.com
1-868-662-7683
http://www.sibis.com
Planning
Ministry 8 years behind
And
the madness continues...
When does your madness become an embarrassment? Is it
when the Ministry of Planning and Development, without
any sense of shame, issues a statement (statement issued
on February 18) to say that only 39 per cent of our citizens
live on US$2 a day and not more, as reported by the UNDP.
Imagine you would draw attention again to the fact that
two out of every five citizens in our country live on
less than TT$12 a day. But it gets worse.
They also had the gall to say that the only data available
was from 1997, which was eight years ago, and they would
guess (my word) that things are better now.
Mr Minister, how can you really expect me to think you
care about poverty when your most current information
is eight years old? If you were serious, you would have
the name and address of every person living in poverty
and a plan to lift them out of it by a set date.
What is so difficult about that?
Some more Trini madness...
Some weeks ago, I asked readers to identify interactive
Trinidadian Web sites. One reader wrote me about the Web
site of the UNC which can be found at www.unc.org.tt.
I found a well put together Web site with discussion groups
etc.
Visitors can leave comments; discuss policy, etc in an
online forum. I was disappointed not to be able to access
a list of MPs or any history/details of election results
etc, but I did like the downloadable Freedom of Information
form.
Nice touch.
In order to be politically correct, I went to the PNMs
Web site at http://www.pnm.org.tt/
only to find that the page wouldnt load. I used
Google to find the PNMs Web site, but no luck.
That was February 27 and it still isnt back up.
So there we have it people. The party that claims to want
to lead us to 2020 doesnt have a working Web site.
And evidently, they dont think its a big issue
otherwise they would have had it up in 24 hours.
Is that madness or what?
PQTs awards for excellence
My first award goes to the Barrackpore police who ticketed
23 people for not wearing seat belts as reported in the
Guardian on March 12. Now that is 2020 action.
My second award goes to the new T&T Central Statistical
Office Web site at www.cso.gov.tt.
All we need is annual data rather than five-year-old stuff
and we will be on track for 2020.
My third award goes to our Central Bank for a well put
together Web site at www.central-bank.org.tt.
For a comparison, look at the Bank of England at www.bankofengland.co.uk.
Commission
of Enquiry for BWIA?
My
column last week on the outrageous amount of money BWIA
needs brought lots of very interesting e-mails. Thank
you every one who wrote in. In particular, Id like
to thank Simon Kelshall who has done a lot of research
to dig out these facts. Just look at the table he sent
me.
Costs
BWIA costs, as a percentage of the average of Jet Blue
and Southwest costs...
| Wages
and benefits |
84% |
| Fuel |
119% |
| Aircraft
rentals |
283% |
| Maintenance
materials and repairs |
188% |
| Agency
commissions |
550% |
| Marketing |
59% |
| Landing
Fees |
150% |
| Depreciation |
282% |
| All
other |
116% |
| TOTAL
Operating expense |
132%
|
His information comes from the published annual reports
of the various airlines which can be found at http://www.southwest.com/investor_relations/swaar02.pdf
(page 34 of 85) and
http://www.jetblue.com/ar2002/10k.html (page 37 of 149).
BWIA results, of course, are not available online, but
can be found in their hard copy annual results.
Now this amazing table must make one ask some very hard
questions, in particular, why does it cost BWIA nearly
three times what the other airlines pay to rent aircraft
and nearly twice as much to maintain them? Would the fact
that ILFC is a totally-owned subsidiary of AIG, which
had two directors on the BWIA board, have anything to
do with it?
Using conservative estimates, these overruns come to at
least TT$400 million in one year so we are not talking
about dolly house money here.
Surely, board members such as Mr Aleong, Mr Narinesingh,
Mr Persad and Mr Edoo, all well respected business leaders,
must have found out these publicly available figures for
themselves and asked some very hard questions? Where are
the answers?
Is it that the only way we will get the truth about BWIA
is by having a full-fledged, independent Commission of
Enquiry?
Whether BWIA is closed or continues to operate, there
is too much taxpayers money unanswered for. After
all we went after Johnny OHalloran for only $2 million
and here we are talking hundreds of millions.
Just a thought.