Comments on: US$40M China soft loan for power upgrade

By: TEACH

TEACH — Sat, 04 Oct 2008 19:23:40 +0000

this is absolutely ludricrous that more money will be pumped into an already inefficiently run GPL;why not solar power investment?this, not GPL will improve the livelihood of guyanese

By: Satish

Satish — Sat, 04 Oct 2008 14:47:46 +0000

Adelene Stephenson and DMACK are talking on issues of high morals and must be congratulated for their perceptive comments.

Trouble with the current matter is that money and politics are heavily intertwined and this normally excludes high morals from consideration.

So the Chinese will give a soft loans to Guyana…
to buy cheap shoddy Chinese equipment……
Bribes will be paid to various Chinese and Guyanese officials and …..
Tibet/Sudan/Burma etc., will be lucky if they are even spared a thought.

By: Kaieteur Gold

Kaieteur Gold — Sat, 04 Oct 2008 14:00:33 +0000

Hey “Sarkar”,

Do ya wanna go shopping for “clean tech” with us.?

Re: ”

“Bailout plan bails out clean-energy sector”

[....The massive U.S. financial bailout plan, signed into law Friday afternoon, renews existing tax credits for renewable energy and includes rebates for plug-in hybrid drivers.

Representatives from the wind and solar industries have lobbied for months to extend the credits to ensure continued growth. Without the supports in place, they warned business would stall, resulting in thousands of lost jobs....."]

“Bailout plan bails out clean-energy sector”
http://news.cnet.com/8301-11128_3-10057936-54.html?tag=newsEditorsPicksArea.0

Why didn’t the Governor of the Bank of Guyana, the Secretary to the Treasury and the People’s National Congress (PNC) get Guyana’s Parliamentary Representatives to do the same in Guyana for Globe Trust, Co-op Bank, Gaibank,… Financial Institutions do not fail… it is the people that run them that fail. ;-)

By: drumup_change

drumup_change — Sat, 04 Oct 2008 13:22:04 +0000

……you know how some of our people act….the chinese have study the need of developing countries……use your eyes and you will see who and who the help………they help thecountries flat on there face……guyana is one…….a begging country…….they would choose to beg a loan from china than to take a flush toilet from of guyanese……guyanese in the diaspora becareful ……we may want to help fight poverty in guyana……but same impoverish may want to kill you…….because the best thing is china……china milk,!!……..china bauxit……china sugar….china power……

By: Kaieteur Gold

Kaieteur Gold — Sat, 04 Oct 2008 05:19:21 +0000

Re: “The great USA is also borrowing money from the Chinese.” This can be reversed at anytime once the right economic approach is taken by the USA; and, this may be sooner than you might really think. :-$

By: Charriot

Charriot — Sat, 04 Oct 2008 04:16:30 +0000

We just had a grand opening celebration of the skeldon plant, now we’re hearing lot’s of excuses about it’s inability to produce. What happened?

Let’s hope this is not another pork project to line the cups of those in power?

By: Charriot

Charriot — Sat, 04 Oct 2008 04:08:46 +0000

Don’t forget the CUP is the symbol of the PPP party, and begging is the idiology.
They would rather beg for everthing, than to work for it, or even go as far as to invest in Guyanese engineering ideas.

Years ago there was an inventor in Guyana who was working on a battery operated car, no one supported his ideas, now the car manufacturers of the world are riding on hid ideas from 30 years ago. Why, because the CUP party did not see it fit for their support base to invest in this idea.

By: drumup_change

drumup_change — Sat, 04 Oct 2008 04:08:35 +0000

…..the money must be used for something……and paw a little….look at this …….some people drinking milk …….and telling you with a dry face no!!….no!!….i am not !!……take a good look at their whiskies…..it white……check all bank accounts ……here, there, and everywhere….

By: Charriot

Charriot — Sat, 04 Oct 2008 03:56:01 +0000

This 40mil is a quick fix to no where. Gold for the gold ,,,go hydro!!!!!

By: Kaieteur Gold

Kaieteur Gold — Sat, 04 Oct 2008 01:55:43 +0000

Re: “R u sure ur not one of the Obama/Biden policy wonks on energy?

But ur quite right. I’m all for racing ahead with alternative energy too.”

It is about high time that Guyanese nationals put on those ‘thinking caps” of theirs and stop spending “foreign exchange” when this can be “saved” instead and used for other purposes – like new helicopters (and other equipment) for the for the Guyana Police Force (GPF)….’ Hardly a day go by and one does not read about the spectacular robberies taking place in the country even though it was reported that two of Guyana’s most wanted individuals were shot and killed by that country’s security forces.

Whether it is the McCain or the Obama team that gets the nod at the upcoming General Elections – the United States of America will come in on its own when it comes to “the issues of global warming” and “the questions of food, energy security” of this country.

By: Kaieteur Gold

Kaieteur Gold — Sat, 04 Oct 2008 01:25:51 +0000

Hi “gtbeat”, How about if things are kept “topical”?

By: Kaieteur Gold

Kaieteur Gold — Sat, 04 Oct 2008 01:16:05 +0000

Corrections: re: “the legal settlement of the Guyana/Venezuela international boundary. I am quite (sure) others reading this (if not you or “(M)ichael (T)annassee”) will get the drift. :-X” instead of “the legal settlement settlement of the Guyana/Venezuela international boundary. I am quite others reading this (if not you or “(M)ichael (T)annassee”) will get the drift. :-X”. Thanks. ;-)

By: Kaieteur Gold

Kaieteur Gold — Sat, 04 Oct 2008 01:00:46 +0000

Re: “Because they allow you to do the same….” But, the fact of the matter is In as much as the the “internet” guarantees free speech… it aught not to be be used to publish mis-information. And, since history always holds the truth – why try to change it – Huh? Besides, “(M)ichael (T)annassee” reminds about a certain Venezuelan lawyer who, from reports asked for a letter “not” be opened until he was “dead”; and, in that letter he stated that there was a collusion between the “Russian backed British representatives and those of the United States of America in relation to the legal settlement settlement of the Guyana/Venezuela international boundary. I am quite others reading this (if not you or “(M)ichael (T)annassee”) will get the drift. :-X

By: owenon123

owenon123 — Sat, 04 Oct 2008 00:59:51 +0000

With this Global Warming thing, I don’t think is wise to have cheaper heavy fuel oil fired sources. Is it clean for the atmosphere? The USA talk about helping China with its dirty coals burning technology pertaining to Global Warming.

No doubt Guyana needs affordable electricity supply to improve the livelihood of the population and enable local industries to be more competitive, but at the same time we have to think logical. In fact, I will back the Hydro-Electric Project that will start in a few months from now, that is a good investment.

By: Sarkar

Sarkar — Sat, 04 Oct 2008 00:22:04 +0000

My thoughts exactly!! New power lines, substations… blah, blah, blah…. Where or what will generate the power to put these lines to use?
Will the cables end up in the scrap dealers yards? Heavy fuel oil fired sources my foot! I hope all involved from Guyana’s side understand the cost of maintaining such equipment.
I say Hydro power is the way forward for Guyana.

By: gtbeat

gtbeat — Sat, 04 Oct 2008 00:19:10 +0000

Kaieteur Gold, your link to those historical SELLOUTS did nothing for me.

By: malaika06

malaika06 — Sat, 04 Oct 2008 00:09:26 +0000

R u sure ur not one of the Obama/Biden policy wonks on energy?

But ur quite right. I’m all for racing ahead with alternative energy too.

By: Kaieteur Gold

Kaieteur Gold — Fri, 03 Oct 2008 23:10:17 +0000

Re: “Cup in hand Jagdeo running around the world begging …billions and billions was already spent /disbursed or ” CORRUPTLY LOST” on GPL and still there is no reliable electricity . “Caste” has (not) passed for “grass” Huh!

By: Kaieteur Gold

Kaieteur Gold — Fri, 03 Oct 2008 22:54:20 +0000

Hey “gtbeat”! The ancestral “Scales and Truth and Justice” are swinging over your head in spiritual ways. :-D

Click on the link and see who are all looking at you and giving you a “Presidential” Glance.

http://www.genealogymagazine.com/luckhoo.html

Sleep well tonight. LOL!

By: Kaieteur Gold

Kaieteur Gold — Fri, 03 Oct 2008 21:55:16 +0000

Oops! Sorry: “Ya all pray to the man above that some of these (earthquake, followed by tsuname wave) predictions (do not) become realities. :-X” instead of “Ya all pray to the man above that some of these (earthquake, followed by tsuname wave) predictions become realities. :-X”

By: gtbeat

gtbeat — Fri, 03 Oct 2008 21:27:57 +0000

Because they allow you to do the same.

By: gtbeat

gtbeat — Fri, 03 Oct 2008 21:26:03 +0000

The great USA is also borrowing money from the Chinese.

By: Kaieteur Gold

Kaieteur Gold — Fri, 03 Oct 2008 21:00:17 +0000

Re: “What’s up with with this coastal (Coastal Living) mentality. One Tidal (Tsuname) Wave and its all gone lake! You remind of people that were warned to remove from the path of a recent hurricane here in the USA (but some chose to remain) and now from recent article about 300 of them cannot now be heard from. 8-) “. How many times (because of the global warming threats…) have one not read in Stabroek News for Guyanese living on Guyana’s coastline (and facing threat from the Atlantic Ocean) should seriously consider moving inland.

Ya all pray to the man above that some of these (earthquake, followed by tsuname wave) predictions become realities. :-X

By: Kaieteur Gold

Kaieteur Gold — Fri, 03 Oct 2008 20:26:31 +0000

Re: “With regard to GPL , this is a much needed investment for us, but I am wondering how much of this US$40 M would end up in the pockets of corrupt officials. Are there any checks and balances in place?” How can this be good for a country like Guyana to be relying on imported fossil fuel to power the electricity generating facilities when there is almost year-round sunshine to provide solar energy, high winds to drive wind mills, bagasse, rice husk, wood waste and saw dust from the saw mills, garbage etc to provide power generation; in addition to ethanol production plants, ammonia absorption and hundreds of hydro-electric sites that can be found in Guyana’s hinterland. – What’s up with with this coastal mentality. One Tidal (Tsuname) Wave and its all gone lake! You remind of people that were warned to remove from the path of a recent hurricane here in the USA (but some chose to remain) and now from recent article about 300 of them cannot now be heard from. 8-)