Going for IMF bailout will be another mistake – TUC warns Mahama

Read Article

Comments (58)

This article is closed for comments.

Read Comments Comments (58)

Yaw 10 years ago

How

How
IDRIS PACAS 10 years ago

The govt machinery is too heavy and the state expenditure on it is too prohibitive.

Simply reduce per diem and other allowances due these needless staff.

The govt machinery is too heavy and the state expenditure on it is too prohibitive.

Simply reduce per diem and other allowances due these needless staff.
STOP AND THINK 10 years ago

PLEASE THAT GUY ALONE IS KILLING OUR ECONOMY, DO AWAY WITH HIM QUICKLY BEFORE HE SIPHONS ALL GHANA'S MONEY INTO AN UNKNOWN ACCOUNT.

PLEASE THAT GUY ALONE IS KILLING OUR ECONOMY, DO AWAY WITH HIM QUICKLY BEFORE HE SIPHONS ALL GHANA'S MONEY INTO AN UNKNOWN ACCOUNT.
insight to the bone 10 years ago

the problem with this northern mentality is that thanks to jj they now all have an unquenchable thirst for power but never to serve in a team or accept their fellow countrymen . just look around in Accra and study the majorit ...
read full comment

the problem with this northern mentality is that thanks to jj they now all have an unquenchable thirst for power but never to serve in a team or accept their fellow countrymen . just look around in Accra and study the majority of the businesses owned by these northerners and in the majority of the medium and Small sized businesses you notice they only employ their fellow northerners and practically never employ an Akan . Today in Accra the largest religious building in the country will be the mosque being build on our national park at Nima donated by Turkey confirming the Islamic domination of Ghana. Tribalism mixed with chauvinism and despotism from the north has now equaled the hegemony of the ewes . A.C.C.R.A any criminal can roam about so we have them everywhere now . even at the scholarship secretariat hardly ever is an Akan awarded the privilege to go abroad and study now . The Akans are the majority but because most continue to sleep or blindly trust the other tribes these atrocities are taking place . We look at the political strategy of the NDC and see the typical Hannibal wench when he turned the strengths of the mighty Roman army against themselves as they are doing to the Akans . From the south they use part of the Fantis and from the North the Brongs , from behind we have the chariot onslaught of the Gas Ewes Krobos. Yes the political landscape reflects a war which is only meant to destroy the right of self governance of the God's chosen nation of Africa the Akan . For them its a big deal who leads the NPP but we really don't care as our movement grows stronger by the hour as more and more Akans wake up to reality of this dire situation . We did not ask for this war but we will fight it and be victorious as God is with us . Long live the Republic of Akan
Juxmapionion 10 years ago

You are such a disgrace to Akans..I hope more Akans dont think like you. people like you are the ones who cause civil wars in countries. I think you are not a real Ghanaian. You have been paid by foreigners to make comments l ...
read full comment

You are such a disgrace to Akans..I hope more Akans dont think like you. people like you are the ones who cause civil wars in countries. I think you are not a real Ghanaian. You have been paid by foreigners to make comments like this to cause chaos in our dear nation Ghana. May Your thoughts go back on you.
insight to the bone 10 years ago

most Akans are disgusted and disappointed with your govt . the seeds for our break up have been sown by your pepeni and ayigbe ethnocentric idiots so whether we like it or not sooner or later we shall all go our separate ways

most Akans are disgusted and disappointed with your govt . the seeds for our break up have been sown by your pepeni and ayigbe ethnocentric idiots so whether we like it or not sooner or later we shall all go our separate ways
CONCERNED GHANAIAN 10 years ago

IF THERE IS ANY INCENTIVE, MOTIVATION FOR TRIBALISM LEADING TO WAR,it is the ff:-
Author: insight to the bone
Date: 2014-05-01 12:08:12
Comment to:PLZ DO AWAY WTH ABLAKWA'S SALARY.

Please go back, and read it again

IF THERE IS ANY INCENTIVE, MOTIVATION FOR TRIBALISM LEADING TO WAR,it is the ff:-
Author: insight to the bone
Date: 2014-05-01 12:08:12
Comment to:PLZ DO AWAY WTH ABLAKWA'S SALARY.

Please go back, and read it again
insight to the bone 10 years ago

Nobody can hide the light and true destiny of the great nation of Akan. they use all kinds of schemes and tricks to undermine or deny a proper standard to us but we shall never surrender. we shall change and adapt as like the ...
read full comment

Nobody can hide the light and true destiny of the great nation of Akan. they use all kinds of schemes and tricks to undermine or deny a proper standard to us but we shall never surrender. we shall change and adapt as like the Israelis we are the chosen people of God and he in his great design has made us diverse but unified in spirit. the ashantis like the tribe of Judah are and will remain an integral part of our being to to attack any one part we all end up feeling it sooner or later. they have succeed in turning some of our chiefs and kings against us and work for their evil ungodly agenda but we still see clearly . God has brought us into the 21st century and with that a new system of governance and state of mind based on democracy since it is HE alone who blesses the individuals with the gift of leadership wisdom and justice irrespective of status at birth. he has shown us the blue print of the way forward in the bible and other holy books and the time has come to free ourselves from this man made bondage called Ghana. just as in the Ukraine we must fight so the truth will come out , fear not the battle as they will crumble like the walls of Jericho . cast away our so called fake leaders and politicians who are nothing but cowards and like our enemies fear even their own shadows . yes God has put a million fears in their empty bodies as he who does not fear the Lord , the Lord will ensure all fears of the world will reside in him. They threaten us with superstition , juju and what have you and we say fuck you and go to hell as the divine power is with us . Yes all the tribes of Akan are fingers on the same hands and God has ordained we remain united so our strength and light will be visible throughout the whole world and universe , our time has come . everyday its becoming clearer and clearer to all children of Akan that we must prepare mentally for a battle of freedom . they come with tricks that say we must take a non Akan as our leader because its nice ? do they not think that out of 30 million Akans we can not find sensible down to earth leaders and warriors to lead our own people to our own destiny? a govt of the people and by the people is what the 21st century democracy is all about . let them continue to play with the consensus and other figures that justify their fantasy and enable them to marginalize the participation of the Akan majority in the Affairs of their own land , to marginalize us thus preventing us to afford a better standard for our people . The had of God has given them pestilence after pestilence but they refuse to let our people go , soon they will be swept away like chaff in the hurricane of fury . Long live the republic of Akan and don't you forget it as now the Fanti speakers, Twi speakers, Ashantis and other tribes of Akan are now one .
Confused 10 years ago

The Country will only go forward if we are united as one nation to tackle our problems head on. Failing that we are doomed as "one people"
No Political Party is bigger the Nation and The Ruling Tribes (Ewes and Northerners) ...
read full comment

The Country will only go forward if we are united as one nation to tackle our problems head on. Failing that we are doomed as "one people"
No Political Party is bigger the Nation and The Ruling Tribes (Ewes and Northerners) should be careful in imposing their Will on the silent majority. No IMF Bailout! What happened to our Black Gold or the Chinnese Loan? I am for Peace!!!
insight to the bone 10 years ago

how can you mislead yourself into thinking there can ever be unity when the basis of all politics is tribalism . appointing northerners as ministers of fisheries yet deny any Akan access to SADA .

how can you mislead yourself into thinking there can ever be unity when the basis of all politics is tribalism . appointing northerners as ministers of fisheries yet deny any Akan access to SADA .
DusTY-FooT-pHiloSophER 10 years ago

Good one there.

Good one there.
Kofi Mensah 10 years ago

Woyome should return the money paid him for the rehabilitation of the stadiums for the African Nations Cup.
Then the government should weed out those abrogated contracts that has been attracting judgement debts to the count ...
read full comment

Woyome should return the money paid him for the rehabilitation of the stadiums for the African Nations Cup.
Then the government should weed out those abrogated contracts that has been attracting judgement debts to the country.
Also dismiss anyone employed at the presidency who runs any private businesses like membership or director of private banks in the country.
Start balancing the books.
IF GHANA did not find oil(Thanks to Kuffour)what would Ghana look like today.
Chelsea Rolland 10 years ago

Mahama led ndc govt is enemy of progress

Mahama led ndc govt is enemy of progress
Fiscko 10 years ago

We need to take action before is too late. They have shared all the money to themselves and done, now they want to take another money from IMF and share it as well. Africa wake-up and unite to solve all these problems as Dr N ...
read full comment

We need to take action before is too late. They have shared all the money to themselves and done, now they want to take another money from IMF and share it as well. Africa wake-up and unite to solve all these problems as Dr Nkrumah said.
joe sala 10 years ago

Good observation. There's too much wastage and ostentatious behaviour in our society. We need to be a bit wiser else we perish.

Good observation. There's too much wastage and ostentatious behaviour in our society. We need to be a bit wiser else we perish.
kwame no1 10 years ago

FUCKING MONKEY GHANAIANS BETTER YOU GUYS GO OUT THE AND FIGHT AND GET YOUR COUNTRY BACK FROM THIS ILLITERATE MAHAMA AND NDC BEFORE YOU GUYS SELL EACH OTHER ON THE STREET FOOLS

FUCKING MONKEY GHANAIANS BETTER YOU GUYS GO OUT THE AND FIGHT AND GET YOUR COUNTRY BACK FROM THIS ILLITERATE MAHAMA AND NDC BEFORE YOU GUYS SELL EACH OTHER ON THE STREET FOOLS
kwame no1 10 years ago

FUCKING MONKEY GHANAIANS BETTER YOU GUYS GO OUT THERE AND FIGHT AND GET YOUR COUNTRY BACK FROM THIS ILLITERATE MAHAMA AND NDC BEFORE YOU GUYS SELL EACH OTHER ON THE STREET FOOLS

FUCKING MONKEY GHANAIANS BETTER YOU GUYS GO OUT THERE AND FIGHT AND GET YOUR COUNTRY BACK FROM THIS ILLITERATE MAHAMA AND NDC BEFORE YOU GUYS SELL EACH OTHER ON THE STREET FOOLS
mugu1 10 years ago

direct your emotional reactions to your bloodline,none of your illiterate family had ever come so far as prez. mahama position

direct your emotional reactions to your bloodline,none of your illiterate family had ever come so far as prez. mahama position
kwame no1 10 years ago

YOU ARE RIGHT THAT'S WHY MAHAMA IS A PRESIDENT IN GHANA FOOL

YOU ARE RIGHT THAT'S WHY MAHAMA IS A PRESIDENT IN GHANA FOOL
Dr. med.William Acquah,Germany 10 years ago

Unfortunately, our TUC is toothless.A lot of noise is made at the onset but then everything dies away.Wake up, TUC!Is it because your pockets are lined to shut up?

Unfortunately, our TUC is toothless.A lot of noise is made at the onset but then everything dies away.Wake up, TUC!Is it because your pockets are lined to shut up?
Revjay393@yahoo.co.uk 10 years ago

THERE ARE THOSE WHO DREAM OF A BETTER LIFESTYLE
AND
AND THOSE WHO LIVE THEIR DREAMS
THOSE WHO WONDER WHAT TOMORROW WILL BRING
...
read full comment

THERE ARE THOSE WHO DREAM OF A BETTER LIFESTYLE
AND
AND THOSE WHO LIVE THEIR DREAMS
THOSE WHO WONDER WHAT TOMORROW WILL BRING
AND
THOSE WHO OWN THEIR FUTURE
THEY HOLD THE KEY TO THEIR TOMORROW KNOWING FULLY WELL THAT THEY ARE THE ARCHITECT OF THEIR DESTINY
PART TIME JOB The Life Changers Group is a Group of Compassionate Individuals from different countries that came together to work as a team with the objectives of reducing the rate of unemployment, empowering people that are constrained financially in their interested area of business etc., but mainly to reduce to its barest minimal the suffering of the less privilege Globally through our system
This Online Business equips member(s) financially and provides them with the opportunity to have a steady growing source of income, giving member a unique feature of earning a standard living and changing a life (The Life of a less privilege).
The importance of financial empowerment cannot be over-emphasized. We provides answers to your numerous financial challenges and puzzles.
Contact me Revjay393@yahoo.co.uk
0202076430
AGYAAKU 10 years ago

You cajole government to increase salaries knowing very well that the kitty is almost empty due to the loss of the traditional budgetary support from donor countries, as a result of the current economic status - LOWER MIDDLE ...
read full comment

You cajole government to increase salaries knowing very well that the kitty is almost empty due to the loss of the traditional budgetary support from donor countries, as a result of the current economic status - LOWER MIDDLE INCOME. Haven lost almost half of the budgetary component, how do we make up the deficit? What we need in the face of this economic challenge is not the "straight-jacket" type, but rather pragmatism. How do you expect the finance ministry to conjure the extra
Pelicles 10 years ago

We should cut our coat according to our size. There is no need to have such a huge government or civil servants who are draining the national budget. Does it make sense to use 70% of our revenue to pay civil servants and wha ...
read full comment

We should cut our coat according to our size. There is no need to have such a huge government or civil servants who are draining the national budget. Does it make sense to use 70% of our revenue to pay civil servants and what about other sectors?

We are biting what we can chew and in the end, we should do away with tribalism. There is no nation that had developed through IMF bail out because they will force you to make some cuts which in end, will make any government unpopular.
NICHOLAS 10 years ago

We are in a country where demands are made on gov't. Even if such demands are justifiable, we must at times have to bear with gov't if the economic situation is not the best.

Having pushed the gov't to the wall and having ...
read full comment

We are in a country where demands are made on gov't. Even if such demands are justifiable, we must at times have to bear with gov't if the economic situation is not the best.

Having pushed the gov't to the wall and having got their POUND OF FRESH, what is the TUC telling gov't?

The TUC must bear it in mind that if you ROAST YOUR TONGUE AND CHEW IT LIKE A MEAT, YOU HAVE AFTER ALL NOT CHEWED A MEAT. The demands being made on gov't today for political expediency will come to haunt all of us one day whether it is party "A" or Party "B" in power.
NICHOLAS 10 years ago

The word FRESH used in the 2nd paragraph should have read FLESH. I am sorry about that.

The word FRESH used in the 2nd paragraph should have read FLESH. I am sorry about that.
KOO 10 years ago

It has always been the same story under NDC.Jerry Rawlings left the country in a HIPIC state and when Kuffour sought help for Ghana as such he was accused of leading Ghana into the poor man's club.This same problem is develop ...
read full comment

It has always been the same story under NDC.Jerry Rawlings left the country in a HIPIC state and when Kuffour sought help for Ghana as such he was accused of leading Ghana into the poor man's club.This same problem is developing under Mahama.These people only think of borrowing and taxing for everything coupled with massive corruption.They have always got it wrong in whatever they do.Is it now right for anyone to think that anything good will come from them?.Ghanaians must brace themselves for more difficult times under this Mahama government.
FAMA NYAME 10 years ago

TUC SHOULD LEARN TO SHUT UP. THEY ARE NOT THE ONLY ORGANISATION MAKING UP GHANA. GHANAIANS VOTED MAHAMA AND NOT ASAMOAH OF TUC. IF HE IS GOOD HE SHOULD CONTEST COME 2016. THE TUC GAVE NPP THE CHANCE TO MESS THE STATE UP THEY ...
read full comment

TUC SHOULD LEARN TO SHUT UP. THEY ARE NOT THE ONLY ORGANISATION MAKING UP GHANA. GHANAIANS VOTED MAHAMA AND NOT ASAMOAH OF TUC. IF HE IS GOOD HE SHOULD CONTEST COME 2016. THE TUC GAVE NPP THE CHANCE TO MESS THE STATE UP THEY NEVER COMPLAINED. TODAY GHANAIANS WANTS THE PRESIDENT TO GO PARLIAMENT BEFORE BUYING EVEN A CUP OF WATER FOR HER GUESTS.
Chelsea Rolland 10 years ago

Shit mahama

Shit mahama
OBOONI 10 years ago

POOR BOY-YOUR PREZ DOES NOT KNOW MANAGEMENT I THINK YOU ARE ONE OF THE SYCOPHANTS .25yrs WHAT AT ALL HAVE YOUR PARTY ACHIEVED FOR GHANA ? YOU CAME AND MESSED UP THE GOOD WORKS OF PREZ DIAWUO KOFFOUR EVEN JUST 8km SUHUM ROAD ...
read full comment

POOR BOY-YOUR PREZ DOES NOT KNOW MANAGEMENT I THINK YOU ARE ONE OF THE SYCOPHANTS .25yrs WHAT AT ALL HAVE YOUR PARTY ACHIEVED FOR GHANA ? YOU CAME AND MESSED UP THE GOOD WORKS OF PREZ DIAWUO KOFFOUR EVEN JUST 8km SUHUM ROAD HE CANNOT DO IT ;LOOK AT THE STATE OF OUR STADIA ;BECAUSE OF 10GH YOU HAVE SOLD YOUR BIRTHRIGHT TO MAHAMAH.POOR-BOY.
FOREIGN MP (fr) 10 years ago

Dr Kwesi Indoom once said is only a fool who does not change his mind. Lets see if TUC Boss warning to the president on IMF bailout may be adhered to.

Dr Kwesi Indoom once said is only a fool who does not change his mind. Lets see if TUC Boss warning to the president on IMF bailout may be adhered to.
babs 10 years ago

The TUC secretary has made some sense the first time, ever since I started listening to him. The down fall of the Ghanaian economy is the result of the HIPC.

The TUC secretary has made some sense the first time, ever since I started listening to him. The down fall of the Ghanaian economy is the result of the HIPC.
Tijani 10 years ago

IMF and world Bank are partly to be blamed for our economic woes. in fact there are doing us more harm than good. there are not there to help, but to find ways to destroy us.

IMF and world Bank are partly to be blamed for our economic woes. in fact there are doing us more harm than good. there are not there to help, but to find ways to destroy us.
Dr Robert Glah 10 years ago

Chairman of the finance Committee, James Klutse Avedzi, argues that home-grown measures being implemented to fix the economy must be allowed to work for at least a year before any consideration is given to the idea of a (IMF) ...
read full comment

Chairman of the finance Committee, James Klutse Avedzi, argues that home-grown measures being implemented to fix the economy must be allowed to work for at least a year before any consideration is given to the idea of a (IMF) bailout.

That is a cautious suggestion. That will enable Ghana to recover all monies owed to the Government.

Borrowing money by all means to meet the cost of infrastructure is not always a virtue.

Handing over to IMF control is too expensive for the people of Ghana.

The Government must do dramatic internal review of income and expenditure and live within our means.

That alternative internal review is better than going to the IMF.

The TUC must suggest alternative solutions to Government and the people of Ghana.

Merely to say the IMF route is a mistake is a negative approach of the TUC.

No need to increase tax we cannot afford in any event!
Ozzie 10 years ago

Stop paying parliaentarians fat salaries for doing nothing productive.

Shun the IMF for their policies will never work for us. We need our own way of doing things.

Terkper needs support from all Ghanains. He will make ...
read full comment

Stop paying parliaentarians fat salaries for doing nothing productive.

Shun the IMF for their policies will never work for us. We need our own way of doing things.

Terkper needs support from all Ghanains. He will make it with that assistance.

The fools must think carefully as trying to cut corners will only ground the entire nation to zero.

Learn from the Arab spring and most recently what is happenng in Ukraine.

Giving the West a chance will be another big set back.

Think twice yea people of Ghana.
ADABRAKA 10 years ago

Reduce ghost names from govt payroll.....teachers, police and the accountant generals dept are the woes to ghost names. Close many of govt sector works like cooperative department, reduce mps salaries etc.

Reduce ghost names from govt payroll.....teachers, police and the accountant generals dept are the woes to ghost names. Close many of govt sector works like cooperative department, reduce mps salaries etc.
BRANDY 10 years ago

STOP GYEEDA, SADA, SOLE SOURCING, JDEBTS,RLG COLLUSION, ETC ETC ....SHOW SOME CONSCIENCE NDC,,,,STOP DUPING AND STEALING OUR MONEY AND U CAN MANAGE OUR ECONOMY....

STOP GYEEDA, SADA, SOLE SOURCING, JDEBTS,RLG COLLUSION, ETC ETC ....SHOW SOME CONSCIENCE NDC,,,,STOP DUPING AND STEALING OUR MONEY AND U CAN MANAGE OUR ECONOMY....
Ataa Abbey 10 years ago

The country will grind to a halt if nerds who have turned themselves into arm chair critics don't stop telling the government how to run the country. If they can do better, they should stand for elections.Shoe shine boys and ...
read full comment

The country will grind to a halt if nerds who have turned themselves into arm chair critics don't stop telling the government how to run the country. If they can do better, they should stand for elections.Shoe shine boys and kayayei are now opening their stinking mouths to criticise the finance Minister.
Amma 10 years ago

I totally agree with abstaining from any borrowing from the IMF and would argue that it is best to raise some help from within the country. People have funds invested with investment companies within the country and some of t ...
read full comment

I totally agree with abstaining from any borrowing from the IMF and would argue that it is best to raise some help from within the country. People have funds invested with investment companies within the country and some of this can be sourced by the government through the BOG. We also need to encourage farming on a local and commercial level to ensure that we can at least feed ourselves and reduce the over dependence on imported foods. Drastic measures like placing a ceiling on MPs salaries should be implemented and the lavish life style through corruption etc, curbed and punishments meted out. There has to be accountability for everything from motor riders escorting officials at every whim to maintaining state owned vehicles so we are not importing at every change of government.
mr amin 10 years ago

Taxes up n salaries too up,its irrelevant because it ends up losing value with the depreciation of the cedi. we are static. we should deal with the cedi value if not we should forget it.

Taxes up n salaries too up,its irrelevant because it ends up losing value with the depreciation of the cedi. we are static. we should deal with the cedi value if not we should forget it.
Kofi Paul 10 years ago

Kofi Asamoah is at it again. Look at his language.. and the cautioning that govt must not go for an IMF bailout. If IMF bail-outs have not worked in the past, blame workers who are lazy. No amount of oil money can develop Gha ...
read full comment

Kofi Asamoah is at it again. Look at his language.. and the cautioning that govt must not go for an IMF bailout. If IMF bail-outs have not worked in the past, blame workers who are lazy. No amount of oil money can develop Ghana unless we choose the path of hard work and forget about loose talk, Mr. Secretary General.
Wofa Koo 10 years ago

It`s so sad mahama/NDC has ran Ghana into Bankruptcy.This is the subsequent aftermath of what Rawlings has planted for Ghana during his era.Mahama is in total colorblind, he right now don`t know where he is steering Ghana to. ...
read full comment

It`s so sad mahama/NDC has ran Ghana into Bankruptcy.This is the subsequent aftermath of what Rawlings has planted for Ghana during his era.Mahama is in total colorblind, he right now don`t know where he is steering Ghana to. anyway, Kofi Asamoah has a good piece of advise for him.
Daniel 10 years ago

Ghana is very rich, very, very rich. The Ghanaian people are squandering the wealth of the country. If at least three quarters of the people are honest to the country Ghana, the economic difficulties would ease. Wealth will ...
read full comment

Ghana is very rich, very, very rich. The Ghanaian people are squandering the wealth of the country. If at least three quarters of the people are honest to the country Ghana, the economic difficulties would ease. Wealth will return. This requires honesty, trust and hard work, and courage.
It is always wrong to blame President Mahama or any President for the current bad economic situation unfolding in Ghana today. Indeed, people need to go in to agriculture when they realize that they cannot find work in Accra, which is where almost all school leavers go to in search for jobs. Let us all be realistic about our future. Not everybody will become a Chief/King or Queen, rather only one person at the right time.
This is my point. This is my view.
OBOONI 10 years ago

Dan you are right Ghana is RICH but our problem is MANAGEMENT even in Liberia 1USD is equivalent to 70liberty
what about our cedis ? Look at the number of ministers their deputies - uncountable yet they all take salaries a ...
read full comment

Dan you are right Ghana is RICH but our problem is MANAGEMENT even in Liberia 1USD is equivalent to 70liberty
what about our cedis ? Look at the number of ministers their deputies - uncountable yet they all take salaries and allowances, even their cars-one for work also one for market.But they do practically nothing .Dear they are all SYCOPHANTS.
seeMe 10 years ago

Yes, so the country can continue shouting "Mahama's government is bad". The economy is not doing well" and then vote him out of power come 2016. Then NPP takes over and go for the IMF bailout?
TAKE BAILOUT MAHAMA, TAKE IT A ...
read full comment

Yes, so the country can continue shouting "Mahama's government is bad". The economy is not doing well" and then vote him out of power come 2016. Then NPP takes over and go for the IMF bailout?
TAKE BAILOUT MAHAMA, TAKE IT AND LET THE PEOPLE OF GHANA HAVE SOME ECONOMIC RELIEF!
BE BOLD 10 years ago

The bailout Mahama is looking for is in his pocket. why can't he and his cohorts return the funds they have stolen to fix the economy? You people are sick. The answer is in your hands and you are looking elsewhere. BE BOLD to ...
read full comment

The bailout Mahama is looking for is in his pocket. why can't he and his cohorts return the funds they have stolen to fix the economy? You people are sick. The answer is in your hands and you are looking elsewhere. BE BOLD to think!
Kpabitey 10 years ago

A few days ago I heard our president saying our country water supply is about 65percent,electricity is 75percent,and communication is 99percent.
What planet does he come from?Go to Teshie, La,Osu,EastLegon,Adenta and other p ...
read full comment

A few days ago I heard our president saying our country water supply is about 65percent,electricity is 75percent,and communication is 99percent.
What planet does he come from?Go to Teshie, La,Osu,EastLegon,Adenta and other places and ask them when was the last time their taps flowed.
In a country where people like NDC Gen Sec,Asiedu or what ever his name is and Ayariga and De Souza and all those empty headed people are left in charge to run a country,what do you expect?
We haven't seen ant thing yet, it will get worse
NICHOLAS 10 years ago

If the President says water supply is 65% complete, that does not mean 100% complete and for that matter, you shouldn't expect the water supply situation to improve all over the place. ...
read full comment

If the President says water supply is 65% complete, that does not mean 100% complete and for that matter, you shouldn't expect the water supply situation to improve all over the place. Even if you don't want to support the President to succeed, learn how to criticise constructively.
Pelicles 10 years ago

Mahama is a liar and very stupid. He should stop lying and get to work because hopping from radio station to another and giving speeches is not what he was voted for.

Kpabitey has every to criticize the president. During ...
read full comment

Mahama is a liar and very stupid. He should stop lying and get to work because hopping from radio station to another and giving speeches is not what he was voted for.

Kpabitey has every to criticize the president. During the campaign leading to Mahama becoming the president, Haruna Fuseini said that if NDC wins, there are so many alternatives open for them to increase the power supply but... Last time, Adom FM tried to contact him about that statement but his phone went dead as if he was at the bottom of the ocean.

You do not lie to rule a nation and remember that Ghanaians are not laboratory animals who should be used for experimental purposes.
Che 10 years ago

Useless TUC. Of what good is TUC for the Ghanaian worker? You take bribes and look on that workers are not paid by the Gotv. for years. Of what good is this institution when workers are crying and you are there unconcerned. U ...
read full comment

Useless TUC. Of what good is TUC for the Ghanaian worker? You take bribes and look on that workers are not paid by the Gotv. for years. Of what good is this institution when workers are crying and you are there unconcerned. Useless and hopeless people.
NID 10 years ago

Fool bring better alternatives and stop the politice

Fool bring better alternatives and stop the politice
TEE 10 years ago

MAHAMA HAS STOLEN ALL OUR MONEY AND WE HAVE NO ELDERS IN OUR COUNTRY TO ARREST THIS PEPENI THIEF

MAHAMA HAS STOLEN ALL OUR MONEY AND WE HAVE NO ELDERS IN OUR COUNTRY TO ARREST THIS PEPENI THIEF
mensah 10 years ago

i wouldnt share an idea of ghana going for i m f loan to parcified the economy whatever wrongs the economy. those loans from i m f to countries in need turn to throw countries into a political choas. it doesnt always help rat ...
read full comment

i wouldnt share an idea of ghana going for i m f loan to parcified the economy whatever wrongs the economy. those loans from i m f to countries in need turn to throw countries into a political choas. it doesnt always help rather fires strom into problems. dont dont find a way people of ghana else u will regret. i ve never seen anything good coming from those guys about their loans rather a strom in a tea, in the longrun.
MAHAMA LOOT ND SHARE 10 years ago

KWASEA USELESS INCOMPETENT,AZAA,TUO ZAAFI,SADA,GYEEDA,WOYOME,AKONFEM,TREES,IDIOTS,GD WILL PUNISH MAHAMA,LORDINA,IBRAHIM,NKWASEAFUO,MMOA BI MMA

KWASEA USELESS INCOMPETENT,AZAA,TUO ZAAFI,SADA,GYEEDA,WOYOME,AKONFEM,TREES,IDIOTS,GD WILL PUNISH MAHAMA,LORDINA,IBRAHIM,NKWASEAFUO,MMOA BI MMA
MENSAH 10 years ago

Measures that work in the long round are what I term:

LIVING MEASURES.

NDC'S so-called home-grown measures are killing businesses,running the economy still down and the cedi is still suffering from a serious NOSE-DIVE.
...
read full comment

Measures that work in the long round are what I term:

LIVING MEASURES.

NDC'S so-called home-grown measures are killing businesses,running the economy still down and the cedi is still suffering from a serious NOSE-DIVE.
So when and what are we waiting for?
Should Ghana's citizenry wait for something that have shaky foundation to stand,survive,for one solid year?
I don't think these measures will fly in the end.
BETTER MEASURES ARE NEEDED,AS EARLY AS POSSIBLE.That's my view.
MENSAH 10 years ago

Everything needed for this NDC GOVERNMENT to have succeeded BIG,are all at their disposal,only awaiting the recognition of them.
If NPP ruled better for eight years,without even,a drop of oil,I hardly believe what MAHAMA AND ...
read full comment

Everything needed for this NDC GOVERNMENT to have succeeded BIG,are all at their disposal,only awaiting the recognition of them.
If NPP ruled better for eight years,without even,a drop of oil,I hardly believe what MAHAMA AND HIS COHORTS,are doing with the so much opportunities,at their disposal.
Everything Ghana needs to make it,is already here,yet foreigners are picking them up,with impunity,whilst Ghanaians are still living in abject poverty.
WHY?
Our leaders have ears,but can't hear,mouths but talk anyhow,eyes but still blind.
Until they start to critically see and react to things happening around them,make viable,concrete and useful decisions,avoiding much mistakes,being plain,truthful and factual,doing things right with integrity,opening their eyes to current issues and make changes:
GHANA WILL ALWAYS HAVE MUCH,BUT LEAVE IN LACK.
Whatever 10 years ago

Government need to assemble a team of nationalistic economic experts to develop economic structures that will guide our decision-making. In any case, Nkrumah's blueprint is there so why are we fretting? The IMF over the so ma ...
read full comment

Government need to assemble a team of nationalistic economic experts to develop economic structures that will guide our decision-making. In any case, Nkrumah's blueprint is there so why are we fretting? The IMF over the so many years, tells us to remove subsidies, tax petrol, tax water, tax energy and we do them, reduce the wage bill and we retrench labour. They tell us to hand critical contract and privatize a whole gamut of state enterprises and we do it. They tell us to hand control of money making enterprises to foreigners and we follow. We follow instructions to transfer ownership of critical sectors of the land back to foreigners and their local agents
The Trucker 10 years ago

CONFESSIONS OF AN ECONOMIC HIT MAN:
From Wikipedia, the free encyclopedia
This article is about the book.

Author John Perkins
Language English
Publisher Berrett-Koehler Publishers
Publication date
2004
Pages 250p ...
read full comment

CONFESSIONS OF AN ECONOMIC HIT MAN:
From Wikipedia, the free encyclopedia
This article is about the book.

Author John Perkins
Language English
Publisher Berrett-Koehler Publishers
Publication date
2004
Pages 250p
ISBN 0-452-28708-1
OCLC 55138900
Confessions of an Economic Hit Man is a book written by John Perkins and published in 2004. It provides Perkins' account of his career with consulting firm Chas. T. Main in Boston. Before employment with the firm, he interviewed for a job with the National Security Agency (NSA). Perkins claims that this interview effectively constituted an independent screening which led to his subsequent hiring by Einar Greve,[1] a member of the firm (and alleged NSA liaison) to become a self-described "economic hit man".

Contents
1 Content
2 Criticism
2.1 Response
3 In popular culture
4 References
5 External links
Content[edit]
According to Perkins, he began writing Confessions of an Economic Hit Man in the 1980s, but "threats or bribes always convinced [him] to stop."

According to his book, Perkins' function was to convince the political and financial leadership of underdeveloped countries to accept enormous development loans from institutions like the World Bank and USAID. Saddled with debts they could not hope to pay, those countries were forced to acquiesce to political pressure from the United States on a variety of issues. Perkins argues in his book that developing nations were effectively neutralized politically, had their wealth gaps driven wider and economies crippled in the long run. In this capacity Perkins recounts his meetings with some prominent individuals, including Graham Greene and Omar Torrijos. Perkins describes the role of an EHM as follows:

Economic hit men (EHMs) are highly paid professionals who cheat countries around the globe out of trillions of dollars. They funnel money from the World Bank, the U.S. Agency for International Development (USAID), and other foreign "aid" organizations into the coffers of huge corporations and the pockets of a few wealthy families who control the planet's natural resources. Their tools included fraudulent financial reports, rigged elections, payoffs, extortion, sex, and murder. They play a game as old as empire, but one that has taken on new and terrifying dimensions during this time of globalization.

The epilogue to the 2006 edition provides a rebuttal to the current move by the G8 nations to forgive Third World debt. Perkins charges that the proposed conditions for this debt forgiveness require countries to privatise their health, education, electric, water and other public services. Those countries would also have to discontinue subsidies and trade restrictions that support local business, but accept the continued subsidization of certain G8 businesses by the US and other G8 countries, and the erection of trade barriers on imports that threaten G8 industries.

In the book, Perkins repeatedly denies the existence of a "conspiracy." Instead, Perkins carefully discusses the role of corporatocracy.[2] – November 4, 2004 interview

I was initially recruited while I was in business school back in the late sixties by the National Security Agency, the nation’s largest and least understood spy organization; but ultimately I worked for private corporations. The first real economic hit man was back in the early 1950s, Kermit Roosevelt, Jr., the grandson of Teddy, who overthrew the government of Iran, a democratically elected government, Mossadegh’s government who was Time‘s magazine person of the year; and he was so successful at doing this without any bloodshed—well, there was a little bloodshed, but no military intervention, just spending millions of dollars and replaced Mossadegh with the Shah of Iran. At that point, we understood that this idea of economic hit man was an extremely good one. We didn’t have to worry about the threat of war with Russia when we did it this way. The problem with that was that Roosevelt was a C.I.A. agent. He was a government employee. Had he been caught, we would have been in a lot of trouble. It would have been very embarrassing. So, at that point, the decision was made to use organizations like the C.I.A. and the N.S.A. to recruit potential economic hit men like me and then send us to work for private consulting companies, engineering firms, construction companies, so that if we were caught, there would be no connection with the government.
BENONY TONY AMEKUDZI, ESQ. 10 years ago

OPEN LETTER TO H.E.PRESIDENT OF GHANA JOHN DRAMANI MAHAMA:

DEAR H.E.PRESIDENT OF GHANA JOHN DRAMANI MAHAMA,

THIS IS TO RESPECTFULLY REFER TO THE ABOVE RELATED SUBJECT-MATTER WHICH IS/WAS THE SECRETARY GENERAL OF TUC KOF ...
read full comment

OPEN LETTER TO H.E.PRESIDENT OF GHANA JOHN DRAMANI MAHAMA:

DEAR H.E.PRESIDENT OF GHANA JOHN DRAMANI MAHAMA,

THIS IS TO RESPECTFULLY REFER TO THE ABOVE RELATED SUBJECT-MATTER WHICH IS/WAS THE SECRETARY GENERAL OF TUC KOFI ASAMOAH ADVISORY OPINION RENDERED TO H.E.PRESIDENT JOHN DRAMANI MAHAMA THAT "GOING FOR IMF BAILOUT WILL BE ANOTHER MISTAKE AS TUC WARNS MAHAMA" THOUGH GHANA NEEDS A POWERFUL NEGOTIATIONS VOICE WITH IMF TO HELP PROTECT THE BEST INTEREST OF GHANA, I RESPECTFULLY DISAGREED WITH THE TUC SECRETARY GENERAL ASSERTION.
THAT GHANA CAN EXPLORE IMF BAILOUT OPPORTUNITIES IN ADDITION TO GHANA'S FRIENDS AND ALLIES TO CONSIDER BAILING OUT GHANA FROM HER CURRENT ECONOMIC DIFFICULTIES.
THAT THE ONLY ONE THING GHANA NEEDS IS A STRONG AND POWER VOICE AND NEGOTIATOR, THERETO.
THAT IF HISTORY WORTH ANYTHING OF SUBSTANCE TO RECALL THEN I AM RESPECTFULLY RECALLING THE EARLY STAGES OF TEETHING PROBLEMS OF THE THEN PNDC GOVERNMENT DURING THE EARLY FORMATIVE STAGES OF 1982-1983 WHEN THE THEN PNDC GOVERNMENT DECIDED TO GO TO THE IMF AND THE WORLD BANK THAT DREW SHARP DIVISION WITHIN THE RANKS OF THE PNDC HIERARCHY ITSELF AND IT DOES NOT SUFFICE TO BRUSH ASIDE THE "JUNE 19TH" INCIDENT THAT MADE THE THEN CHAIRMAN OF THE PNDC FLT.LT.JERRY JOHN RAWLINGS TO PURGE THE PNDC AND ALSO REFORMED THE PDC'S.
THAT LED TO THE FIRST EVER STRUCTURAL ADJUSTMENTS POLICIES IN 1983 IN THE SUB-SAHARAN REGION.
IT WAS ALSO AT THAT TIME IN HIS EXCELLENCY MAIDEN NATIONAL BROADCAST TO THE NATION THAT EMERGED "POPULAR NONSENSE TO GIVE WAY TO SCIENTIFIC AND CONSTRUCTIVE CRITICISMS THAT LED TO GROWTH AND DEVELOPMENT".
THAT GHANA DID GO TO IMF AND WORLD BANK AND UNDERTOOK THE RESTRUCTURING OF THE ECONOMY FROM CENTRALIZED DEPENDED PLANNING ECONOMY TO FREE MARKET ECONOMY.
THEREFORE GHANA HAS LESSONS TO LEARN AND TO MAKE THE NECESSARY ADJUSTMENTS AS MITIGATING FACTORS TO CUSHION THE EFFECTS OF ANY FALL OUTS.
THAT WHAT GHANA NEEDS ARE THOSE WHO HAVE THE ADEQUATE KNOWLEDGE, EXPERTISE, COMMITMENTS, DEDICATIONS AND ABOVE ALL STRONG VOICE THAT CAN MAKE A STRONG CASE FOR GHANA.
THAT THOSE CALLING FOR MORE MONEY BUT COULD NOT PROVIDE THE MEANS TO LET THOSE WHO TOGETHER CAN TO BRING THOSE PERSONS ON BOARD AND ALSO THEY SHOULD GIVE WAY TO THE MONEY THE WORLD BANK DULY DONATED TO ME (BENONY TONY AMEKUDZI,ESQ} OF $850,000.00 FOR POVERTY REDUCTIONS.
THAT THERE IS ALSO NO TIME TO WASTE AND H.E.PRESIDENT OF GHANA JOHN DRAMANI MAHAMA TO CONSIDER TO ACT NOW.
THAT THEY DO NOT NEED IMF AND WORLD BANK BAILOUT AND I NEED THE BAILOUT BECAUSE I AM STILL SUFFERING.
RESPECTFULLY SUBMITTED.
GOD BLESS GHANA, IMF/WORLD BANK AND AMERICA.
VERY TRULY YOURS,
BENONY TONY AMEKUDZI
INTERNATIONAL LAWYER/LEGAL CONSULTANT

Going for IMF bailout will be another mistake – TUC warns Mahama

Read Comments .st0{display:none;fill:#14BDD3;} .st1{display:none;} .st2{display:inline;fill:#FC0F0F;} .st3{display:inline;fill:#FFFFFF;} .st4{display:inline;fill:none;stroke:#000000;stroke-width:6;stroke-miterlimit:10;} Comments (58)

Read Comments Comments (58)