The DR is recession proof says Leonel and his flunky cronies.

103 new free zone companies will begin operations in the country, with a total investment of five billion pesos, said Export Free Zones Council (CNZFE) director Luisa Fernandez today.


Didn't the same idiot cronies just state that the Free Zones employment was greatly increased due to the hard work of Leonel.
Does anyone still beleive Leonel.
OH yes the metro will start running Monday.

4,000? 4,000? Certainly you are kidding. I would guess the number is much, much larger.


Jim (Josean):
You are absolutely right. I, for one, however, prefer when you write under your real name.

To all concerned I am not Josean.

Just a free reporter with some opinions reporting on facts.

It's coming!!!!! The revolution is near

chill sign dread up he has been waiting to burn something down for a long time

Your house, if anything, Bwana.

GC, you know it is near the writing is on the wall. no one has a job everything cost an arm and a leg

You guys, Lionel & his Cronies reminds me of El Loco Bush and the whole."no the us is not in a recession" And the Jobless number is actually up from last year.... And then 500,000 jobs lost later in a month that is! And yes, we are in a recession, and the jobless count is the highest it has been in years. Make up your minds, and stop treating us like brainlesss fools! Cause we are not!!

Jim,

I have no problem with the parnoid crowd thinking I am you; but guys please do not insult Jim by confusing the fine gentleman with me.

welcome back, josean. how dare you leave and allow the riff raff to expropriate the board?

Hola dread,

I can see you have been doing fine mowing down the untutored mob.

josean, it is traumatic at times. there are cockroaches on this board which will defy the most virulent of insecticides.

I like they way the blame the "world financial crisis".
Of course it can't mean over-regulation, High taxes, inefficient Goverment support, graft, corruption or just bad business decisions.

This must be the growth CEPAl was quoted on.
Maybe they had the graph upside down....

Anti-freeze toothpaste, melamine dog food, hepatitis tomatoes, global bank credit ponzi schemes and free trade zone sweatshops. Globalization sux.

The revolution is near = Where do I sign up?

The Growth CEPAL proyected could have been twice as big, but as long as the growth rate benefits only a few sectors of the economy, the benefits will never trickle down to benefit the most needed. Moreover, if the gains are received by the TNCs, then the dominincans are doubly screwed b/c then these gains are quickly sent over to madrid or wall street.

You know this situation reminds me more an dmore of Engles' "The Conditions of the Working Class in England." In that excellent account of the relations between capitalist class and workers, Engles recounts how workers who may be extremely good at what they do, they may be the most productive, follow all the rules to the "T", these same people who are forced to live from pay check to pay check may find themselves in the poorhouse or homeless by no fault of their own b/c of the capricious nature of capital. I'm sure that out of the 4000 people laidoff, some of them were extremely hard workers, nonetheless they are unemployed.

The revolution can be as simple as supporting a truly democratic political movement like the MIUCA.

you see, baldoria, the tenure of any worker in today's world is a precarious thing, because of "the race to the bottom" the same applies to tourism. capital will always move around the world, looking for the points of optimal return. which is why, among other reasons, tourism has a life cycle. people on this board get into fits of anger when i demand a fair share of tourism profits for the country. i demand it today, because it might not be there tomorrow. simply having desirable assets is not enough; there are nefarious economic scenarios in the background

D.R. is moving in the same direction as the U.S. and becoming a consumer society instead of a productive one. More and more imports of consumer goods are entering the country which includes food products. This in turn is moving workers more into the service industry, with every free zone factory that closed and the laid off from the sugar mill as well as the closing of the same. There's a new class of dominicans that are strongly dependent on the service industry. This new class are the newly business owners, the new rich and those that receiving large sums of money from abroad. The authority don't care much about the huge laid off and loss of jobs cause of these new movements in the work force which is also bringing a more technological era for the Dominican Republic thus creating jobs in these areas.

Well, this article must NOT be true because the Prez LF told us the RD would NOT be impacted and is somewhat insulated from the US problems because the RD is recession-proof!

But I guess since world commodity prices are falling fast that includes nickel prices and softening demand.

When will someone in the RD Gov get a clue?

These RD officials will have to work double time at playing both sides of the drug game!

Meanwhile, FANNIN & staff are silent and ineffective as always.

It seems the only RD business recession-proof is crime and drug dealing via the Tigures in my barrio of Los Platanitos (Ensanche Caonabo) in Santiago near the Cibao Stadium and Children's Hospital. The x-con Choppo (aka Jose Annibal Lopez Pichardo) business is good and I actually saw a US Embassy official taking holiday vacation and made a drug buy in my barrio en route to Puerto Plata (He assumed only Dominicans were living there).

Juan_de_eeuu@hotmail.com

Mr J.D._Dominguez, thats some heavy duty accusations with name as well.Should had taken some videos and given them to some U.S. officials or even the F.B.I. --- they will reward you and appreciate your concerned. Make money --------

4000 job lost this month alone.

anyone who believes that only 4000 people have lost their jobs this month as a result of the economic downturn, please do the following; send me cash (no cheques, please) in the amount of 10 million dollars. in return, i will send you title to the Triboro bridge. you will make a healthy living from the tolls collected daily.