Printing More Money Out Of Thin Air

first_imgThe Editor,The decision to print more money represents a clear and present danger to the Liberian economy and its people!! (Re “House Approve Printing of Additional Money,” Daily Observer)When a government prints more money without a corresponding increase in its economic output, it unleashes hyperinflation. And hyperinflation debases your currency.Memo to economically-illiterate Liberian Lawmakers: Look, we all know that you people (Lawmakers) think money grows on trees and you have the power to “issue currency” (Article 34-d) out of thin air….But at whose expense should you “issue currency” out of thin air?Printing more money out of thin air and without a corresponding increase in your economic output also means that you are stealing other people’s life savings. How?Because with more money in circulation, prices of goods and services will definitely skyrocket! Many people’s life savings would not be enough to buy a loaf of Fanti bread to feed their family or buy access to Speaker Tyler’s office. For all practical purposes, the Liberian people would have been robbed, big time, by the stupidity of their own leaders.But the Liberian government won’t be the first to have stolen their people’s money this way. For thousands and thousands of years, elected leaders have been stealing from their own people – from Nero in ancient Rome to Doe in Liberia to Mugabe in Zimbabwe.If you don’t believe what I just said, look at what happened to Zimbabwe: In 2007, President-for-life Robert Mugabe of Zimbabwe ordered his Central Bank Governor to print an additional Z$1 trillion to pay for civil servants’ and soldiers’ salaries that were hiked by 600% and 900% respectively. Of course, that made Zimbabwean soldiers and civil servants millionaires and zillionaires, but at whose expense?Every Zimbabwean, poor and rich, saw the value of their money vanish because of hyperinflation. People needed a wheelbarrow full of money (Zimbabwean dollar) just to buy a loaf of Lebanese bread.Today, the Zimbabwean dollar is useless and worthless. Many business owners DO NOT accept Zimbabwean dollars – instead, they request U.S. dollars or South African rands for their goods and services.What lesson must we LEARN from Zimbabwe? Don’t print more money, you idiots!! Why? Because the most insidious way to destroy a country is to destroy its currency (John Maynard Keynes)!Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

Auditor General unable to verify if regions received full value of medical supplies

first_img…regions get supplies with no documentation of costsWhen it comes to oversight over the distribution of medical supplies throughout the 10 administrative regions, the Audit Office of Guyana (AOG) faced major hurdles in verifying that the value of drugs sent to the various regions corresponded with Inter Department Warrants (IDW’s).Auditor General Deodat Sharma A total of $2.1 billion was budgeted for procuring drugs and medical supplies under the Health Services Programme. According to Auditor General Deodat Sharma in his 2017 report, 14 IDWs or requests for drugs, were sent to the Public Health Ministry by the regions to procure drugs and medical supplies. The total value of these warrants was $1.7 billion.Drugs and medical supplies were indeed received by the regions. Where things went wrong, according to the Auditor General, was the fact that there was no documentation accompanying the medical supplies received, indicating the value of the units. As a consequence, the Auditor General noted that he was unable to account for the cost of medical supplies received by the 10 administrative regions.“The difference of $42 million was retained in the Consolidated Fund, which included 51 per cent of the warranted amounts for Region Seven and 46 per cent for Region Eight. In addition, the Ministry issued financial returns indicating that it expended the full amounts from seven of the 10 regions, which includes Regions Two, Three and Nine,” the Auditor General report stated.“However, shown in the Appropriation Accounts were three cheques totalling $144 million that were refunded to the Consolidated Fund in January and March 2018, for Regions Two, Three and Nine.”Lack of accountability when regions use Inter Department Warrants to acquire drugs is a sore issue for the Auditor General, who has to unearth these cases and the Public Accounts Committee (PAC), which has to interrogate officials. In April of this year, the inability of Region Nine (Upper Takutu-Upper Essequibo) officials to answer PAC questions regarding drug procurement issues caused them to ultimately be asked to leave the chambers.At the sitting chaired by Member of Parliament Pauline Sukhai, in the absence of Chairman Irfaan Ali, Regional Executive Officer (REO) Kerwin Warde was questioned on the region’s procurement of drugs through IDWs.At the time, Warde could not provide definitive details on the reconciliation from the Materials Management Unit of the Public Health Ministry, as recommended by Auditor General Sharma in his previous year’s report.“Although drugs and medical supplies were received by the Regional Administration, the cost was not stated on the documentation that accompanied the deliveries”, the report had detailed.“As a result, it could not be determined whether the full value was received for the sum warranted to the Public Health Ministry. With respect to the warrant of $10 million, the regional administration received a ‘nil’ financial return indicating that the amount was unexpended; as such, the Appropriation Account was credited with the unspent amount of $10 million.”The Audit Office had recommended that the regional administration put systems in place to reconcile supplies received by the respective health facilities with the drugs’ list initially submitted.It had also advised that the region obtain the cost of the drugs and medical supplies from the Public Health Ministry so as to reconcile the value of the drugs and medical supplies received with that of the sum warranted to the Ministry. This time around, the 2017 report quotes the budget agency as saying that efforts are being made to reconcile the amounts.last_img read more

Former county councillor and love rival escape jail after row

first_imgA former Donegal county councillor and his love rival became embroiled in a massive row outside a petrol station while children looked on.Former Fine Gael councillor Gareth Reid and his rival Barry Doherty appeared at Letterkenny Circuit Court in Co Donegal charged with assault. The court heard that Reid threw a wheel brace at Doherty during the dispute which broke out outside Kee’s Filling Station in Laghey on October 9th, 2016.Gareth Reid pleaded guilty to producing a charge of producing an article, namely a stick or a wheel brace, in the course of the dispute.Barry Doherty pleaded guilty to assault causing harm to Reid in the same incident by punching him in the face.The confrontation between the two men happened in front of Reid’s three children and his ex-partner.Evidence of the altercation between the two men had been heard at a previous court sitting.Gareth Reid appearing at court. Pic by Northwest Newspix.The court had heard Reid’s young son had tried to get between the two defendants during the confrontation. Reid suffered a fractured jaw and a broken wrist in the incident.At the sentencing hearing, Judge John Aylmer said Reid, of Lawnsdale, Navenny, Ballybofey had admitted throwing a can of coke and a wheel brace at Doherty’svehicle.Doherty, of, Mourne Place, Strabane, got out of the vehicle and punched Reid in the face.Judge Aylmer said the offences by both men merited 18 months in prison.In mitigation, both men have shaken hands and for the sake of the children decided to put the matters behind them.The judge said Doherty, who travels to the UK for work, was not the initial aggressor and had been fully cooperative. Doherty is deeply ashamed and remorseful, he had no previous convictions and the incident was completely out of character, the judge said.The court heard Reid is pursuing a civil case for damages from Doherty.Judge Aylmer reduced the sentence to one year in prison and suspended it for one year.The judge said Reid had also been cooperative and had suffered significant injuries. He said Reid had escalated a verbal exchange by throwing objects.The judge said Reid has undergone counselling around the breakup of the relationship and his parenting issues.Judge Aylmer reduced the sentence to one year and said that in the interests of even-handedness and having regard to reconciliation he would suspend the sentence for one year.Former county councillor and love rival escape jail after row was last modified: December 10th, 2018 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:assaultbarry dohertycourtdonegalGareth Reidlast_img read more

GAA NEWS: KILCAR GAA CLUB NOTES

first_imgMembership – There is a membership night next Sat 23rd 8-9pm in the Hall. To be eligible for a County Ticket you must have your membership paid. This is the last night for membership,or contact Denise Mc Sweeney 085 1089992. Family… €40; adult €20 ;Under18/student€10,all childrens registration forms MUST be signed by both PARENT AND CHILD.Club Donegal Card,(This card entitles you into all adult club C’ship and League games) Limited amount of cards,Price €150.Contact any Club OfficerBingo on Easter Sunday is at 4pm, due to the “Stars in their Eyes”show which is on in the Blue Haven on Easter Sunday night. Winners Gracie Smith€150,Maggie O Donnell ,Aaron Mc Shane,Annmarie Campbell,Joe Haughey€70,Jackpot next week€2,450on 48 numbers.Lotto,No Winners ,€50Martin Carr Shalvey,€30 Clodagh Brady,€20Liam Gavigan Croaghbeg.Lotto teams next week (Sat) Ross Brady/Cornelious Diver, (Sun)Martin Byrne /Jason Shovlin.Lotto Jackpot next week€1,700Underage Minors are away to Bundoran on Sat@ 12,Under 14’s are away to N Mhuire on Sun @ 12,under 8&10’s training in the Aislann @11 on Sat.Easter Camp is on Tues 26th & Wed 27th From 10am-2pm ,for children from 7years to 14years.Contact Kevin Lyons or Michael Mc Shane.GAA NEWS: KILCAR GAA CLUB NOTES was last modified: March 18th, 2013 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:Kilcar GAA club noteslast_img read more

HUGE TURN-OUT FOR JOE DUFFY’S FUNNY FRIDAY IN DONEGAL

first_imgSOLIS Lough Eske Castle hotel is packed to capacity today for top Radio One man Joe Duffy.The popular presenter has brought his Funny Friday show – packed with hilarious impersonators – to the Co Donegal hotel.  HUGE TURN-OUT FOR JOE DUFFY’S FUNNY FRIDAY IN DONEGAL was last modified: February 28th, 2014 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:donegalJoe Duffysolis lough eske castle hotellast_img read more

Donegal apprentices celebrate at annual graduate ceremony – Pic Special

first_imgGraduating apprentices from Donegal, who recently completed their apprenticeship, were presented with their Advanced Certificate Craft by Minister for Education and Skills, Joe McHugh TD on Friday.The event was co-hosted by SOLAS, Donegal ETB and Mayo, Sligo and Leitrim ETB.Speaking at the presentation, Minister McHugh noted the growing demand for people with vocational skills and praised the high quality of the Irish apprenticeship system and its success in developing highly skilled workers, like those receiving the Advanced Certificate. He said: “The skills learned through an apprenticeship are invaluable and offer real job opportunities. Businesses need employees with strong practical skills, and apprenticeships and vocational training are key to delivering these.”Andrew Brownlee, CEO, SOLAS, spoke of the apprenticeship programme and drew particular attention to the calibre of the Irish apprenticeship system which is recognised nationally and internationally.“You have completed a comprehensive apprenticeship that is recognised at home and abroad as one of the best in the world. An example of the standards achieved by apprentices during their apprenticeship is the success obtained by the Irish Team at successive World Skills Competitions. This is a remarkable achievement and it proves beyond doubt that our apprenticeship system and our apprentices are among the best in the world”.At the most recent World Skills Competition held in Russia in August, four gold medals, one bronze medal, a Best of Nation medal and seven Medallions for Excellence were achieved by the team of 17 young apprentices, trainees and students who represented Ireland. Among the team of 17 were Donegal apprentices, Christopher Kehoe and Jack O’Donnell. Christopher Kehoe completed his final training in Letterkenny Training Centre under the direction of Welding Instructor and World Skills Expert Cathal McGee.Cathal also accompanied the Irish Team to Russia as their World Skills Expert in Welding. Jack O’Donnell completed his final training in Gaoth Dobhair Training Centre under the direction of Plumbing Instructor John Sweeney. Both Christopher and Jack won Medals of Excellence at the championships.The Advanced Certificate Craft is at Level 6 of the National Framework of Qualifications and is an internationally recognised qualification.There has been an increased focus on Apprenticeships in recent years. Apprenticeship in Ireland has traditionally been the path to skilled occupations in a range of sectors such as construction, engineering, motor and electrical. However, under the guidance of the Apprenticeship Council, the apprenticeship system in Ireland is expanding.Things are changing, with an expanded model of apprenticeship, in which a wider range of occupations are attracting more people into apprenticeships. New apprenticeships have been launched in sectors such as auctioneering and property services, finance, biopharma, ICT, logistics and hospitality with more in development across a range of sectors. Alongside this, we are seeing an increase in the number of new apprentices being registered across all of the current trades. This is a testament to the high regard which the apprenticeship system in Ireland is held. It has long been respected as a comprehensive and successful career and education route for people of all ages.Representing the Education and Training Boards, Anne McHugh, CE, Donegal ETB said “We are delighted that so many young people have received their Advanced Certificate Craft here today. This is a testament to the hard work and dedication of the young people, their families, the companies with which they work with and of course, the staff in our Training Centres who support and work so hard with them during their time with Education and Training Boards.Both Donegal and Mayo, Sligo & Leitrim Education and Training Boards are delighted that Government policy is so strong in the area of Apprenticeship and we are very much committed to working with SOLAS to promote the development and growth of apprenticeship activity both regionally and nationally.Also, as part of our future plans, we intend working closely with employers and other bodies to achieve the best possible outcomes for our young people”. Donegal and MSL ETB are currently rolling out a new training initiative across the Northwest. Skills to Advance which was developed by SOLAS, is aimed at upskilling people in employment.An example of this is the development of a strategic partnership between Donegal ETB and a national health services innovations company where the ETB are currently running a Diploma in Professional Administration (Level 6) to upskill operational staff within the company with a view to ensuring the sustainability of the Donegal base.Evening course provision in both ETBs is also being utilised to provide Skills to Advance training for many workers in counties Donegal, Mayo, Sligo and Leitrim.Concluding the ceremony, Andrew Brownlee congratulated the apprentices who received their Advanced Certificates Craft on their achievement of being recognised as highly skilled craftspeople and wished them every success in their careers.Graduating apprentices from Donegal, who recently completed their apprenticeship were presented with their Advanced Certificate Craft by Minister for Education and Skills, Joe McHugh TD in The Great Northern Hotel Bundoran on Friday last. Pictured is Anne McHugh CE Donegal ETB speaking at the event. Photo Clive WassonGraduating apprentices from Donegal, who recently completed their apprenticeship were presented with their Advanced Certificate Craft by Minister for Education and Skills, Joe McHugh TD in The Great Northern Hotel Bundoran on Friday last. Geoffrey Browne, Chairman Donegal ETB speaking at the presentation event. Photo Clive WassonAndrew Brownlee, CEO, SOLAS, speaking as graduating apprentices from Donegal, who recently completed their apprenticeship were presented with their Advanced Certificate Craft by Minister for Education and Skills, Joe McHugh TD in The Great Northern Hotel Bundoran on Friday last. Photo Clive WassonGraduating apprentices from Donegal, who recently completed their apprenticeship were presented with their Advanced Certificate Craft by Minister for Education and Skills, Joe McHugh TD in The Great Northern Hotel Bundoran on Friday last. Photo Clive WassonGraduating apprentices from Donegal, who recently completed their apprenticeship were presented with their Advanced Certificate Craft by Minister for Education and Skills, Joe McHugh TD in The Great Northern Hotel Bundoran on Friday last. Photo Clive WassonDonegal apprentices celebrate at annual graduate ceremony – Pic Special was last modified: November 11th, 2019 by Shaun KeenanShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more

Safe, secure World Cup: Jordaan

first_img“Yes, we have crime,” he said, but pointed out that there was a difference between “societal crime and the ability to host a big event”. Proven event hosting track record Briefing a parliamentary committee in Cape Town this week, OC chief executive Danny Jordaan said the international media had raised concerns about South Africa’s ability to host a secure tournament, but said that he was never worried. Pointing to this year’s Confederations Cup and British and Irish Lions rugby tour, which passed without serious incidents, Jordaan reiterated that the level of crime in South Africa would not deter visitors or mar the first soccer World Cup to be held in Africa. The government has invested about R1.3-billion in World Cup security. There will be 41 000 police officers dedicated to securing the tournament, with 700 police officers around the stadiums for each match. The South African Police Service in conjunction with other law enforcement agencies, like the National Joint Operations and intelligence structures as well as the South African army will be used during the event. He said South African security forces had experience of policing major events by assisting at the 2006 World Cup in Germany and last year’s Beijing Olympics.center_img Jordaan said South Africa had regularly proved itself capable of hosting international showpieces, starting with the Rugby World Cup in 1995, just a year after the country’s first democratic elections. “The Rugby World Cup, the Cricket World Cup, the Athletics World Cup and now the football World Cup,” he mentioned. “In golf too: the Presidents Cup and other major events. You cannot mention more than 10 countries in the world with that kind of event profile.” With just over 200 days to go till the 2010 Fifa World Cup™, the first on African soil, the 2010 Organising Committee (OC) is assuring tournament supporters and the media that South Africa is ready to put on a premier tournament and protect every visitor “without a doubt”. 11 November 2009 Source: BuaNewslast_img read more

Jevon Rockwell, July 25

first_imgShare Facebook Twitter Google + LinkedIn Pinterest The rains have been splitting. They go out over the lake or they head down to Columbus. We finally got some rain yesterday. We had four tenths and we are still dry. It made a little difference but it didn’t go down very far. Our corn is definitely starting to show the dry conditions. It is hurting yield and I think with the heat we have had it is really hurting pollination. Some of our corn started pollination a week ago.The corn is our biggest concern. We have corn that is four and five feet tall with a tassel. That is not going to produce much and we have a lot of that on our heavier ground. On our sand everything looks great, but on our heavier ground the corn is really uneven. Some of the corn is already firing up from the bottom and taking things much harder than the beans. The beans are starting to struggle but are still doing much better than the corn.As far as insects, the worst I have found are the Japanese beetles. They are thick this year. They are eating silks on the corn and they are eating the beans. There are a lot of Japanese beetles. They are worse on the outsides of the fields. When you get into the fields they are not as thick, but they are definitely thicker than they usually are.Our soybeans have held in there pretty well, the double-crops, not so much. They have really stalled out. We cut our wheat high and they haven’t even outgrown the stubble yet. A lot of them are six inches tall and they are waiting on some rain. The rains we have been getting are just enough for them to hold on.last_img read more

Ohio Crop Progress — May 14, 2018

first_imgShare Facebook Twitter Google + LinkedIn Pinterest Warmer, drier conditions in many parts of the State allowed for significant planting progress, according to Cheryl Turner, Ohio State Statistician with the USDA’s National Agricultural Statistics Service. There were 5.2 days suitable for fieldwork in Ohio during the week ending May 13. Field conditions generally were ideal for planting and other activities. Planting progress for both corn and soybeans jumped ahead of the five-year average following a delayed start to the planting season. High temperatures with moist soil conditions also helped to promote corn emergence. Producers also were busy spraying herbicides, and spreading manure, chopping rye for silage, cutting and baling alfalfa, and tillage work. Wheat and pasture conditions improved from last week, while livestock were reported in good condition. In northern counties, however, scattered showers throughout the week followed by heavy rainfall during the weekend limited fieldwork opportunities. There were reports of flooding concerns, ponding in fields, leeching of fertilizers, and drowning of emerged crops.Click here to see the full reportlast_img read more

Ohio Ag Weather and Forecast November 19, 2019

first_imgShare Facebook Twitter Google + LinkedIn Pinterest Not much change in the outlook this morning, although the pattern feels just a  little wetter going forward. Today we don’t see much going on, just a mix of clouds and sun. Low clouds and fog can be an issue today, but will vary dependent on location. Temps remain cool. Tomorrow we see sunshine and a much warmer afternoon. Tomorrow likely is the warmest day of the week, and will have the best drying potential. We stay mild into early Thursday but clouds will be building overnight tomorrow night and Thursday morning.Our next frontal complex moves in for Thursday afternoon and Thursday night. Rains are likely and will range from .1″-.5″ with 80% coverage. Later Friday we see some clearing over the northern half of the state, but see additional lingering showers in the southern half to third of Ohio. We will use I-70 as a general cut off, but that does not mean it rains right up to that I-70 corridor. That southern Ohio action on Friday will be hit and miss, with about 50% coverage. A better wave of moisture comes into the state from the SW on Saturday, bringing potential for an additional .25″-.5″  with 100% coverage.All moisture finally leaves overnight Saturday night. Sunday look to turn out mostly sunny but cooler. Than we stay dry for Monday as well, but start to become milder with partly sunny skies. Next Tuesday starts with sun, but clouds build for the afternoon and evening. This will be in advance of our next front, a system that sweeps through all of Ohio next Wednesday, the day before Thanksgiving. We expect rain totals from .25″-1″ with coverage at 100% of Ohio. This will be a significant rain event, but will be – in fact – all rain. Temps stay up through the event. Then for Thanksgiving day next Thursday, we feature a mix of clouds and sun, and it will be a bit cooler. The map at right shows rain totals for the next 10 days, the period ending Thanksgiving Day.Over the next 10 days, temps will average normal to slightly above normal. We do not see any significant cold snap into early December.last_img read more