Tuesday, April 28, 2015

The Art of Bribing

By Jayant Bhandari

Many years back, a relative in India was trying to transfer a property that he had bought. He had failed to offer a bribe, had rubbed the fragile ego of a bureaucrat the wrong way, and now an inked-note on the file was pre-empting the transfer.

The bureaucrat was enjoying a certain kind of pleasure from making my relative run around in desperation.

To hurry things up, my relative decided to take help of a Minister in the government. To my utter surprise, the three of us went to the bureaucrat—I had thought the bureaucrat would come to the Minister’s office. After much pleading, we were told the property could not be transferred.

A note had been made in ink and now it was not possible to undo the damage.

The property, we were told, would not be transferred.

A cash contribution to the Minister for “electoral campaigning,” despite that there were no elections in sight, had been wasted.

A few months later, we again ended up in the same bureaucrat’s office, but without the Minister. On this occasion, a bribe had been pre-arranged. The transfer was quick.

Tuesday, April 14, 2015

The Politically Incorrect Guide to Acquiring A Home in T&T - 35 Tips, Tools and Tricks

Acquiring a personal residence in Trinidad and Tobago especially for the young and middle aged working class is not easy -but not impossible

As I've outlined before the state is the primary culprit making home ownership cost prohibitive by indiscriminately expanding the money supply (money printing) thereby causing inflation. The state also limits the supply of new homes via a burdensome regulatory bureaucracy (Town & Country etc) . 

That being said you can refuse to be a victim of state oppression by adopting lifestyle habits that will offer you a better opportunity at financial independence and success. So called leaders will tout a government "solution", but be forewarned this is an oxymoron. On the contrary a politician does not offer independence and autonomy; rather he seeks to create dependency and reliance to secure political control. 

At the risk of being politically incorrect and offending people in society who are believed to have a disadvantage here are some quick tips that will help you on your journey to home ownership and/or financial success.

  1. Don't do drugs
  2. Don't engage in high risk sexual activity 
  3. Avoid becoming a single mother / father
  4. Don't chase women / men (they deplete your resources)
  5. Get married, settle down - two incomes can achieve more than just one
  6. Avoid gambling even on a small level - play whe, casinos etc
  7. Cut out alcoholic consumption
  8. Don't smoke