Not all ghouls live in graveyards these days. Some have decided to roam around town to get a sense of events as they unfold or meet locals for updates on the inner tracks of issues.<\/p>\n
I met the ghouls of Yutu and Nippon in Koblerville the night before the inauguration. It\u2019s an interesting meet that is lathered with serious review of our ability to stay committed on issues. They\u2019re disappointed that our progress is still a bit \u201cretarded\u201d on this score.<\/p>\n
For now, it was timely to turn my attention to inaugural speeches to see if there\u2019s anything new beyond tired recycled materials since yesteryears.<\/p>\n
There\u2019s the bold declaration to \u201crebuild\u201d via True Progress. It may not be a towering ideological or philosophical speech, but a realistic focus of the huge drop of local funds forced by Yutu and departure of Nippon investments.<\/p>\n
Legislators though spoke as if things are normal perhaps oblivious to real economic conditions at home. But then it\u2019s the bunch that usually can\u2019t find their back door so what\u2019s to expect.<\/p>\n
It\u2019s a tough time to rein-in financial tranquility and economic stability without robust fiscal reserve. Is there room to spend loosely with the loss of some $14 billion in recent past? It obviates the query: How do we replace the humongous revenue loss?<\/p>\n
Unfortunately, this effort would take time rebuilding if at all. So don\u2019t fret. Give opportunity a chance. We\u2019d make it in time if we could navigate our canoe to the safe port of creative revenue generation.<\/p>\n
The governor reassures everyone that nothing\u2019s tougher than the determination of our people to rebuild and return to normalcy. It\u2019s a good measure of confidence from the titular head. It\u2019s in the palm of his hands to make a difference by simply taking the lead. Otherwise, we\u2019d instantly sink into our usual ma\u00f1ana.<\/p>\n
It\u2019s a tough fiscal situation to overcome given the serious decrease on investments here in recent years. The obvious loss of trust and confidence of Nippon investments is woefully difficult to reverse. It\u2019s a huge loss that isn\u2019t likely to return. It\u2019s gone! Rebuild? Needs serious rehearsal, right?<\/p>\n
Amidst this fiscal setback, there\u2019s the immediate financial challenge to increase the income of some 15-thousand employees stuck in the swamp of poverty income level for years now. It\u2019s a collective failure to have left these many employees endure insufficient family income. <\/p>\n
It instantly compromises their ability to meeting basic family needs. Beyond the immediacy of revenues going south any realistic idea how this could be reversed?<\/p>\n
Unless this family hardship is resolved the credibility of True Progress would be good for comical coffee shop talk across the island. We\u2019d see how the bold announcement would pan out in terms of improving the quality of life of the multitude.<\/p>\n
$14 billion:<\/strong> This amidst a huge drop in revenue of some $14 billion makes the job a task in itself. Money managers must look for ways to spur revenue generation ASAP. I remain optimistic though it still could be done provided prudence is in place how scarce funds are spent.<\/p>\n It must be the haunting message that there\u2019s collective failure improving poverty income earners\u2019 access to the benefits of growth here. In the process, it created inequality between the \u201cwe few\u201d haves versus the majority or \u201chave-nots\u201d.<\/p>\n It\u2019s sad how this collective negligence has encouraged unsolicited hardship for the have-nots already drowning in the filthy swamp of poverty. We divided the community into food stamp trays and the \u201cwe few\u201d who boast off grocery stores with sufficient income. It had to be the net effect of 40 years of neglect! What else could it be?<\/p>\n The immediate issue is the plight of 15-thousand employees yearning for common decency in the marshland of forced poverty. It means retreating go see how this issue could be resolved in the near term. It\u2019s almost unreal that we have that many families in poverty land at this point.<\/p>\n The loss of $14 billion isn\u2019t an inconsequential amount. Didn\u2019t this reduction jolt your nimble mind as it relates to paying for the cost of public services? Why would you quietly treat it as a cotton ball that you just dust off your shirt? Isn\u2019t it directly related to your fiduciary duty to improve the quality of life of the people you represent? Need you lather up your humiliating abysmal performance? <\/p>\n","protected":false},"excerpt":{"rendered":" Not all ghouls live in graveyards these days. Some have decided to roam around town…<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-292036","post","type-post","status-publish","format-standard","hentry","category-opinion"],"_links":{"self":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/292036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/comments?post=292036"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/292036\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=292036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=292036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=292036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}