-For the last 4 days Santo Domingo has become one of the most polluted cities in the world. The entire city, from Kil.28 toll to Boca Chica is engulfed in a cloud of blackened dark ash particles that looks like a volcano has erupted. Homes, apartments and cars are covered with this dark dust with pieces as large as three inches long. Some say sugar cane is being burned, while others blame Santo Domingo Este township authorities for burning excess trash. It is almost impossible to avoid having these residues inside homes, even if all windows are closed. No one, including our inefficient government is doing something about it. They are too busy campaigning. The citizens of this polluted city remain quiet about it, just like everything else.
-Who would imagine that we would be marvelling at a special price for chicken at $42.50lb. or Santo Domingo coffe at $53lb.?
-The lines at Banco Central for the 50% certificates is as long as the Verazzano Bridge. It will be equally long for redemption, if not worst. Government officials and money exchange houses are in complicity in the latest fraud of bringing down the dollar artificially to about $48 to $1 so fools can sell their dollars and Hippo officials turn into rich magnates. Vimenca continues to take your dollars cheap, but selling you only $100 tops at a great profit. This will turn Vimenca chief into one of the richest men in America.
-Banco Popular chief Grullon continues to act as a gopher for Hipolito. He made it possible to gather a bunch of "yes" people from our business community to serve as advisory group and a nice photo session, so that Hippo can show during his reelection campaign. Grullon, of course, is enjoying the dollar party promoted by Hippo and his Central Bank chief.
-Want to import a car cheap? If you got the cash, just go to the national palace and make an announcement that you want to buy an "exoneracion" and suddenly someone will direct you to one of hundreds of officials who will be selling theirs for upwards of $1,000,000 stinky pesos. Of course, you can import an expensive jeepeta or luxury car and make it up by selling it afterwards with a healthy profit. Or you can just drive you own Lamborghini Gallardo by paying as little as $1,000,000 pesos extra, for a car that pays well over $5,000,000 in taxes!!!
-Warning to foreign home buyers:The old option of buying for "construction prices", "blueprint prices" is now a dangerous risk. While prices for homes and apartments in this category are incredibly attractive, the risk of losing your entire investment is almost 80% sure. Engineers and architects are now in this practice trying to recover their losses in investments they made in dollars, when it was cheap to take dollar loans. But since repayment of these loans has to come from buying dollars with davalued pesos, these-once-smart decisions have now turned into terrible blunders. The enginners to recoup losses are now creating new projects with no hope of ever finishing them up, but taking you down payments to repay their bad loans. The new projects are never finished, but you still lose and if you take a loan you still have to pay it.
Golo
-Who would imagine that we would be marvelling at a special price for chicken at $42.50lb. or Santo Domingo coffe at $53lb.?
-The lines at Banco Central for the 50% certificates is as long as the Verazzano Bridge. It will be equally long for redemption, if not worst. Government officials and money exchange houses are in complicity in the latest fraud of bringing down the dollar artificially to about $48 to $1 so fools can sell their dollars and Hippo officials turn into rich magnates. Vimenca continues to take your dollars cheap, but selling you only $100 tops at a great profit. This will turn Vimenca chief into one of the richest men in America.
-Banco Popular chief Grullon continues to act as a gopher for Hipolito. He made it possible to gather a bunch of "yes" people from our business community to serve as advisory group and a nice photo session, so that Hippo can show during his reelection campaign. Grullon, of course, is enjoying the dollar party promoted by Hippo and his Central Bank chief.
-Want to import a car cheap? If you got the cash, just go to the national palace and make an announcement that you want to buy an "exoneracion" and suddenly someone will direct you to one of hundreds of officials who will be selling theirs for upwards of $1,000,000 stinky pesos. Of course, you can import an expensive jeepeta or luxury car and make it up by selling it afterwards with a healthy profit. Or you can just drive you own Lamborghini Gallardo by paying as little as $1,000,000 pesos extra, for a car that pays well over $5,000,000 in taxes!!!
-Warning to foreign home buyers:The old option of buying for "construction prices", "blueprint prices" is now a dangerous risk. While prices for homes and apartments in this category are incredibly attractive, the risk of losing your entire investment is almost 80% sure. Engineers and architects are now in this practice trying to recover their losses in investments they made in dollars, when it was cheap to take dollar loans. But since repayment of these loans has to come from buying dollars with davalued pesos, these-once-smart decisions have now turned into terrible blunders. The enginners to recoup losses are now creating new projects with no hope of ever finishing them up, but taking you down payments to repay their bad loans. The new projects are never finished, but you still lose and if you take a loan you still have to pay it.
Golo