Tia Belau Editorial (Aug. 31 - Sep. 6, 2007)
In the past two weeks, the topic has dominated both private and public discussions whether you are in coffee shops, funerals, cheldecheduch, family meetings, and even church gatherings, is economy, tax and money.
In a nutshell, the economy is down, businesses are hurting, and there is just not enough money circulating in the country. Most people are feeling the financial crunch that has never been experienced since independence in 1994. But the President and lawmakers are telling us that the taxes and fees must be increased to as much as 100% to cover the looming financial shortfall in the 2008 fiscal budget that will commence on October 1, only a month away...
For the first time in our short history as a republic, we face reality of what an independence and sovereignty is - it is our country and we live with the consequences - be it good or bad - of the decisions and actions of our leaders that we elect. The budget hearings paint a picture of frustration, confusion, and lack of focus, and grasp of the crisis at hand and no new ideas of how to solve it.