The new economics theoretician: T. Montas
SANTO DOMINGO. – Dominican Republic’s Economy Minister affirmed Tuesday that the Government applied an 8% jump in the light bill to goad the population into reducing its consumption and that of the other fuels.
Temístocles Montas said in a critical international situation as the current one, in which a of barrel oil costs more than 100 dollars, the Government made that decision that will take effect in June (tomorrow) aware that the effects of that crisis could be worse for the country.
“Here, we ourselves sometimes reach the conclusion that people have yet to understand that here there’s a crisis spurred by the international situation, because when one goes out and sees the amount of traffic jams you get the impression that the people haven’t fathomed still that there’s a need to ration fuel consumption and the use of electricity," the official said.
Interviewed by Marino Zapete and Edith Febles on Channel 7, Montas said it was decided to increase the electric bill since that’s the main signal with which the Government can caution the population that the country is forced to rationalize the use of energy, because otherwise the uncontrolled consumption of petroleum would have a very negative effect on Dominican Republic’s current account balance. “If that situation surfaces, the country will have to finance that deficit with external debt, because it should be known that all current account deficits mean a deficit not only for the Government, but for all Dominican society also.”
From: United States
What an idiot Temístocles Montas is .
1) Leonel said there is no financial crisis that would affect the DR.
2) The Electricity is sporatic and that is being kind to the CDEE.
3) It is the government elected officials that are robbing the country blind that is causing the finacial crisis.
From: United States, FREEPORT, Long Island.... (Look, beyond the words)
WHAT an A-HOLE !!!!!! In other words, screw the dominican . Why not educate instead of beating it into them. What pompous ASSS shmuk. The roads are grid-locked because of leonels construction, douche bag. Why don't you ask leonel to save some jet-fuel, you george jefferson look-a-like. How can anyone save on electricity if there is a lack of, dam pee-on. Why not give us one of your theories on why can't you investigate on how the electric company didn't get there monies when told that a loan is being taken-out to PAY THEM OFF TWO YEARS AGO!!!!!!!.
You're not even qualified to set this forward. You have only theories and no solid facts. lls.
From: United States, FREEPORT, Long Island.... (Look, beyond the words)
Economic Theoretician
As economic theorist, economists study phenomena such as markets and ATTEMPT to describe how they function. From these OBSERVATIONS, they TRY to develop a set of laws and THEORIES to describe how economic phenomena work. Generally, this role also REQUIRES a great deal of INTER-DISCIPLINARY DEBATE as economists try to pin down the causal rules of real-life economic events.
What a waist of taxpayers monies...
Written by: antonio1, 31 May 2011 6:39 PM
From: Dominican Republic, Av Santa Rosa, La Romana
Sound like Obama's "put more air in your tire" solution to the high price of gas.
Written by: THINK, 31 May 2011 7:43 PM
From: United States, SDQ -- Mia --NY
.......""Dominican Republic’s Economy Minister affirmed Tuesday that the Government applied an 8% jump in the light bill to goad the population into reducing its consumption and that of the other fuels...."
BEFORE YOU SAY THAT, TELL DR GOVERNMENT AND SHOW PEOPLE HOW THE GOVERNMENT CAN SAVE FIRST......
Then, talk ......
Written by: avi8or55, 31 May 2011 7:53 PM
From: United States, Sosua
What a JERK $#F!!!!! The gov't is forcing it's people into stealing, starvation, poverty and despair...how long can this go on before the people say "That's Enough".
TAX the RICH and CROOKED POLITICIANS with their fancy gas guzzling SUVs and fancy condos and Villas who also STEAL ELECTRICITY and get away with it so that the poor can make up for the loss, GROUND ALL THOSE BS FLIGHTS the president takes, use all that CONFISCATED DRUG MONEY for better schools and education, lock up all the corrupt MF's and seize all their assets, put it up for auction and give it back TO THE POOR!!!!!!!!
Written by: Username, 31 May 2011 8:07 PM
From: Dominican Republic
Raise the food prices too so the people will eat less and save!
Written by: BASTA, 31 May 2011 8:59 PM
From: Dominican Republic, =Ghetto/Legalize Drugs
Fine; Ok now all together now steal electric. Ok now I now know the inmates are running the insane asylum.
From: United States, Washington
Ok, this is "AN APPROACH." WHen it comes to conservation, the most effective approach that I've seen has been Brazil's efforts to curtail consumption by applying different scales of consumptions. Up to a certain level- whatever is deemed reasonable for "survival," or whatever other arbitrary category you want, the rates are reasonable. After that, you start increasing the cost per kilowatt. This way, you promote conservation, w/o punishing everyone.
THe other thing that the Gov needs to do, is bloody tax the hell out of SUVs and other heavy vehicles, unless used for farming. SUVs are dangerous vehicles, damage roads, negatively affects the environment, are pretentious, and they hurt the national economy b/c they increase the demand for fuel imports!!!
If the gov wants to address the fuel problem, there are two great ideas, if I do say so myself ;-)
Written by: Perez, 1 Jun 2011 2:14 AM
From: Dominican Republic
The headline is total BS!.
From: United States
"Why not educate instead of beating it into them" - BobbyJoe.
"SHOW PEOPLE HOW THE GOVERNMENT CAN SAVE FIRST......" - Think
Absolutely, true.
For this moron to say something like this only shows that the DR government is a bunch of clueless, self important, ill educated thugs.
From: United States
The traffic jams that this fool is talking about is an indication that Dominicans are out working busting their rear ends trying to make a living to pay for the higher fuel costs. Dominicans are not stupid people that need goading. I can't wait to see the day when these bureaucratic dummies are riding on their donkeys to work, to conserve fuel, instead of their SUV's. The nerve of these jerks to punish the populace in order to make a point!
Written by: anthonyC, 1 Jun 2011 8:56 AM
From: United States
Hehehehe.....And people freak out when I say the D.R. is a socialist country.
Written by: okian, 1 Jun 2011 10:31 AM
From: United States
Pitiful!
From: Dominican Republic, Puerto Plata
@AC
It's not socialist. It's an oligarchy.
Very close to divine right monarchy with King Edward Scissorhands at the helm.
Tax the people into starving and let's fly to the moon.
Written by: BASTA, 1 Jun 2011 11:23 AM
From: Dominican Republic, =Ghetto/Legalize Drugs
It's a failed nation!
From: United States, FREEPORT, Long Island.... (Look, beyond the words)
I'm curious, how are they going to collect from the ones that don't pay for electricity . How can they raise the electricity if the grid is not functioning correctly. What a backward nation..
No other reason, but, to teach dominicans how to save..... It's impossible when you have a third world income and USA prices on essentials.
Written by: Escott, 1 Jun 2011 12:43 PM
From: Dominican Republic, Cabrera and Sosua a 2 days a month for payday
What BS. I don't get enough electric to charge the bateries. How the fluck do I save electric?
SHEEP will follow these crooks till they rob the gold fillings out of theirr teeth and then they will have the same stupid smile on their faces.
I am in Vietnam now. The roads are way better and this Communist government is putting ore money percentage wise than the DR Back into the country. Mind you I am no fan of Communism but the DR is becoming more and more UNCIVILIZED than ever!
se
Do you people actually believe any of the crap that flows from the mouths of these dopes?
Written by: danny00, 1 Jun 2011 3:47 PM
From: United States, syosset, key west, santo domingo AND NOW THE GLOBE TROTTER
From: United States
not like the "cat", lies have many more than nine lives in the dominican life.
we all know the truth of that.
the right masters the art of the lie.
distort, fabricate and repeat. politics with its repetition of lies.
the propaganda machine of president leo, does it really matter abaout the tourists and the hotel business?
this government as past governments has absoutelly no intentions of sharing any wealth that the country earns with its citizen's.
does it???
Written by: Perez, 1 Jun 2011 6:17 PM
From: Dominican Republic
@ Escott, don't be surprised about people believing in this nonesense, anything coming from the ruling hulabaloo is right! NOT!!!!
From: Dominican Republic
As so many schemes and ideas from your ministers, Leonel, this one will never work. When the minister of the economy and the director of CDEEE say ´everything is under control´, they do not mean that they know about the economy or electricity and have solved the problems. They in fact say: "The money you got from the IMF is now on my Swiss/Caiman Islands bank account. And I will use it well, for myself".
It is time for a specialists government. Only people from outside the political field, with practical knowledge in the area they are to manage, on ministerial posts. And get rid of the contracts with IMF.
1) Leonel said there is no financial crisis that would affect the DR.
2) The Electricity is sporatic and that is being kind to the CDEE.
3) It is the government elected officials that are robbing the country blind that is causing the finacial crisis.
You're not even qualified to set this forward. You have only theories and no solid facts. lls.
As economic theorist, economists study phenomena such as markets and ATTEMPT to describe how they function. From these OBSERVATIONS, they TRY to develop a set of laws and THEORIES to describe how economic phenomena work. Generally, this role also REQUIRES a great deal of INTER-DISCIPLINARY DEBATE as economists try to pin down the causal rules of real-life economic events.
What a waist of taxpayers monies...
BEFORE YOU SAY THAT, TELL DR GOVERNMENT AND SHOW PEOPLE HOW THE GOVERNMENT CAN SAVE FIRST......
Then, talk ......
TAX the RICH and CROOKED POLITICIANS with their fancy gas guzzling SUVs and fancy condos and Villas who also STEAL ELECTRICITY and get away with it so that the poor can make up for the loss, GROUND ALL THOSE BS FLIGHTS the president takes, use all that CONFISCATED DRUG MONEY for better schools and education, lock up all the corrupt MF's and seize all their assets, put it up for auction and give it back TO THE POOR!!!!!!!!
THe other thing that the Gov needs to do, is bloody tax the hell out of SUVs and other heavy vehicles, unless used for farming. SUVs are dangerous vehicles, damage roads, negatively affects the environment, are pretentious, and they hurt the national economy b/c they increase the demand for fuel imports!!!
If the gov wants to address the fuel problem, there are two great ideas, if I do say so myself ;-)
"Why not educate instead of beating it into them" - BobbyJoe.
"SHOW PEOPLE HOW THE GOVERNMENT CAN SAVE FIRST......" - Think
Absolutely, true.
For this moron to say something like this only shows that the DR government is a bunch of clueless, self important, ill educated thugs.
It's not socialist. It's an oligarchy.
Very close to divine right monarchy with King Edward Scissorhands at the helm.
Tax the people into starving and let's fly to the moon.
No other reason, but, to teach dominicans how to save..... It's impossible when you have a third world income and USA prices on essentials.
SHEEP will follow these crooks till they rob the gold fillings out of theirr teeth and then they will have the same stupid smile on their faces.
I am in Vietnam now. The roads are way better and this Communist government is putting ore money percentage wise than the DR Back into the country. Mind you I am no fan of Communism but the DR is becoming more and more UNCIVILIZED than ever!
se
Do you people actually believe any of the crap that flows from the mouths of these dopes?
not like the "cat", lies have many more than nine lives in the dominican life.
we all know the truth of that.
the right masters the art of the lie.
distort, fabricate and repeat. politics with its repetition of lies.
the propaganda machine of president leo, does it really matter abaout the tourists and the hotel business?
this government as past governments has absoutelly no intentions of sharing any wealth that the country earns with its citizen's.
does it???
It is time for a specialists government. Only people from outside the political field, with practical knowledge in the area they are to manage, on ministerial posts. And get rid of the contracts with IMF.