Daily Archives: May 29, 2012

General Motors is becoming China Motors – video

General Motors is becoming China Motors

Published on May 4, 2012

General Motors is becoming China Motors. Forget the spin. The evidence is clear and convincing. Did U.S. taxpayers save GM for China? Listen to the candid comments of GM’s CEO.

Although expansion in China may be necessary to capture that massive market, one has to wonder what effect it will have on GM’s car manufacturing in the domestic USA.

View the video below:            Continue reading

What are the direct benefits of independence for Guyanese? – letter

What are the direct benefits of independence for Guyanese?

Stabroek staff On May 27, 2012  Letters | Comments

Dear Editor,

Given what has played out in local politics after the British politicos left Guyana in May 1966, I can’t really think of anything significant which we can celebrate, thus rendering any thought of a 46th anniversary celebration one more of symbolism than of substance.

It may be a paradox that exists in many other ex-colonies that attained political independence, but it would be interesting to learn what the latest studies are showing the pre and post-independence thoughts of people, as well as comparative analyses of socioeconomic and political conditions before and after independence in ex-colonies, from sub-Saharan Africa to Central Asia to Latin and South America and the Caribbean.

For example, neighbouring Barbados (166 sq miles and 288,000 people), which attained independence on November 30, 1966, from Britain (six months after Guyana), is exemplary when it comes to political stability and social and economic progress. In 2010, it ranked first among 193 countries in political liberties and civil liberties. Transparency International’s Corruption Perception Index 2011 ranks Barbados as 2nd in the Americas and 16th among 183 countries.

The Index of Economic Freedom 2011 ranks Barbados as the 4th freest economy in the Americas and the 37th in the world, while the World Economic Forum’s Global Competitiveness Report 2011-2012 says Barbados is the 3rd most stable banking system in the Western Hemisphere. Should I impress you with more astonishing facts about tiny Barbados just to make the point?  Continue reading

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