Search
Related Links




    

Informative Articles

A Complete India Travel Guide Launched
Your wait is finally over. A complete Travel Guide, www.travelgoindia.com that focuses completely on India has been launched. The days of scratching about for information on India before you embark on a tour of this beautiful country is passé. Learn...

Ever been to Romania?
About a year ago, two Romanian backpackers launched www.spirit.ro (pronounced "The Spirit of Romania"), a travel guide with a twist, meant to show you that Romania means a bit more than Dracula or football. Well, tourism authorities and travelers...

Fuerteventura - a beach lover's paradise
Fuerteventura - blessed with over 150 beaches - is one of the least spoiled and the least discovered of the Canary Islands. With a dramatic volcanic landscape, little rainfall and all year round warm temperatures, the desert landscape is unique...

Make Prince Edward Island Your Next Vacation Halt!
Prince Edward Island, the smallest province of Canada (both in size and populace) is surrounded by water bodies - the Northumberland Strait on the south and west and the Gulf of St. Lawrence on the north and east. The marvelous scenic beauty of this...

Rustic Elegance on Tortuguero’s Lost Coast – Costa Rica
Rustic Elegance on Tortuguero’s Lost Coast – Costa Rica Read Jetsetters Magazine at www.jetsettersmagazine.com To read this entire feature FREE with photos cut and paste this link:...

 
Dominican Republic in Danger of Dictatorship



This is exactly what was written in the Hoy Newspaper on July 22, 2005...The Dominican Republic is in danger of Dictatorship!

As an American on vacation looking for a retirement spot …I BELIEVE EVERY WORD of It.

I suspect that their Zona Franca has to be suffering terribly as well as tourism with the extremely high prices and unrealistic exchange rate of 28 to 1. The actual value in my opinion should be 100 pesos to 1 dollar. This false value of the exchange rate has to boiling over with a readiness to explode at any minute. With the previous administration there was money in circulation… Dollars and pesos. Now there is just the stare of hunger in the streets. I see skinny poor pregnant ladies walking around in the barrios. It just kills me to see the poverty.

Their wealthy class rides around in great big brand new sport utility vehicles going to their homes in big mansions with mud roads out front of their houses with deep holes in the roads. This boggles my imagination. For 100 bucks per person in each neighborhood they could fix their own streets at


least.

Their worthless peso has been revalued apparently to allow the government access to cheap dollars. Prices reflect about 10 cents on the dollar. You trade a dollar at 28 or 29 you purchase goods at 100 pesos to the dollar.

I met one retired Millionaire at the airport and I ask him why he was leaving. He told me that he CAN NOT AFFORD TO LIVE THERE ANY MORE!

Forget retiring in the Dominican Republic until some drastic changes occur. Right now the country is glued together with International Monetary Fund Money which appears to be further destroying the country leaving a starving population. Food is the issue in this country not worthless pesos or dictatorship. I predict heavy striking violence and death.

Needless to say I am out of here!!!! Just a traveling soon to be retired school teacher. Got my eyes set on Argentina where their government had the good sense to devalue and lower prices. This DR President Leonel needs to catch a plane back to New York.
About the Author
I am a school teacher traveling the world looking for the perfect retirement spot.

Sign up for PayPal and start accepting credit card payments instantly.