tag:blogger.com,1999:blog-32255069.post4451404491153265202..comments2023-06-16T15:35:36.718+03:00Comments on Jeha's Nail - مسمار جحا: Preemie Candidates...Jehahttp://www.blogger.com/profile/08714767132428450071noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-32255069.post-28140984673965565292007-08-25T14:37:00.000+03:002007-08-25T14:37:00.000+03:00Anon 4:24 Believe it or not , an objective...Anon 4:24<BR/> Believe it or not , an objective evaluation of the alternative will give you no choice but to throw your lot with March 14. <BR/> The fact of the matter is that the economic stagnation has been aggravated to the point that we currently see as a result of a war that was imposed on the state by an irresponsible group that is intent on following the interests of neighbouring states. Add to the above the near to total domestic paralysis also imposed by the same group which has resulted in flight of capital, economic contraction and rising unemployment. It is also important to keep in mind that the major reason for the huge government annual deficit is the subsidy to EDL. Said subsidy is again primarily due to te fact that HA et al do not pay for the electric power they use. Another point to keep in mind is that the same group, HA and company, have prevented privatization of EDL and the cellular companies among other things and have prevented the full implementation of Paris I, Paris II and Paris III.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32255069.post-25876017330919130832007-08-25T04:24:00.000+03:002007-08-25T04:24:00.000+03:00pro march 14h now are we?pro march 14h now are we?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32255069.post-90833318197120286872007-08-24T23:21:00.000+03:002007-08-24T23:21:00.000+03:00The incompetence of the current crop of Lebanese p...The incompetence of the current crop of Lebanese pols is so overwhelming that it would have been funny had it not been for the very real implications of their actions in all field.<BR/><BR/>These pols have managed to create what is a rather unique and possibly unsolvable economic mess. The US can always pay back all what it owes, if it has to, since its borrowings are denominated in its own currency. The Argentinas, Brazils and Turkeys of the world can always refuse to honour their international committments and leave the foreign investors holding the bag. In Lebanon, our Goverment officials have created a unique problem that combines two major constraints. An ever greater portion of the debt has been dollarised and thus has taken away from the goverment the possibility of monitizing it and most of the debt is domestically held which means that there is no foreign investor to carry the burden of a default. We owe most of that money to ourselves and as such defaults will be nothing short of outright confiscation of the capital funds of the Lebanese citizens that have been financing the government largesse. What a pickle.Anonymousnoreply@blogger.com