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Letter: We’ve Been Sold Out A Long Time Ago

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31st of July, 2020. Georgetown, Guyana, South America.

Last updated: July 31, 2020 at 16:16 pm

Dear Editor,

The Private Sector in Guyana, with private money and loans, generates employment and investment in all sectors (mining, agriculture, trading, business, tourism, housing, forestry etc) and does just as much, if not more, for the poor of this country than any government ever could have done with Tax Payers Funds as well as all of the country’s natural resources at its disposal.

That tells you all you need to know about how caring Third World Politicians are when they do get a chance to govern. This country is “our business” for the government to manage. They claim to make deals on our behalf and take on average 2 to 5 percent on almost all our resources which we know were here from the pork knocker days to now. Venezuela and the Rupununi have been harboring oil for over 50 years. But the politicians in government are obviously only serving themselves, friends and companies who give them kickbacks.

Where are the government investments on behalf of the people of Guyana so that the people get a share of their Natural Resource Funds? Why no investment by any government in mining, gold, forestry, agriculture, tourism and now oil to pay out a monthly stipend to everyone especially the poor of the country? All we get at most is 5 percent royalty on gold that is declared and 2% on oil. Yet people worship politicians. Sad.

In Venezuela, the government of Chavez got greedy and wanted more than 50% of their oil wealth to make their take 70%. We get 2% and think it will change our country, but in reality it will just import another class of people from all over the world to invest and Guyanese will be employees and laborers for a few super-rich Guyanese and their new partners/friends. We and Dubai can never be the same because of us settling for 2%. They get in excess of 70% of their wealth. We have been sold out a long time ago.


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