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Powen & Bajans marching. Island shut down
2017-07-23 18:01:18
2017-07-23 18:04:15
In reply to nick2020
BLP unions and the private sector in we pim.
2017-07-23 18:11:13
Little England having some hiccups?
Wha gine on deh
2017-07-23 18:48:46
In reply to nick2020
u betta watch ya mout, before dah woman come fuh u
2017-07-23 19:41:27
In reply to tc1
Thanks to sudden that does not happen.
2017-07-23 19:45:52
In reply to Dan_De_Lyan
Sudden advised the government to raise a tax by 400% and this tax is applied to every single thing.
The worker's unions are trying their dammed hardest to say this industrial action is not political but I will believe that when I believe sudden is slim and married to an attractive Czech woman.
Island shut down tomorrow.
2017-07-23 20:44:14
In reply to nick2020
400%? that looks like IMF drop the big boots
“Unlike elsewhere, the build-up of debt in the Caribbean region was not sudden or caused by the global financial crisis. It happened gradually and almost unnoticeably over many years,” Moody’s said in a recent report on the region entitled “The Silent Debt Crisis”. The rating agency estimates that the debt-to-GDP ratio is over 60 per cent for 12 of the 20 Caribbean countries for which it has data. Six have debt-to-GDP ratios of over 80 per cent, and four have over 100 per cent.
The reasons for the rot vary from country to country, but many have been hit by the downturn in tourism that followed the 9-11 terrorist attack and then the global financial crisis, while others are struggling with a stagnant financial services industry.
Trinidad and Tobago was a rare spot of financial health thanks to its abundant oil and gas revenues, but was hurt first by the implosion of a sprawling local financial conglomerate – which has become known as the Caribbean’s Lehman Brothers for the region-wide shock that its 2009 collapse produced – and more recently the collapse in energy prices.
Now the overall picture for the Caribbean as a whole is pretty grim, and the outlook murky. As Moodys’s says:
The reasons for the rot vary from country to country, but many have been hit by the downturn in tourism that followed the 9-11 terrorist attack and then the global financial crisis, while others are struggling with a stagnant financial services industry.
Trinidad and Tobago was a rare spot of financial health thanks to its abundant oil and gas revenues, but was hurt first by the implosion of a sprawling local financial conglomerate – which has become known as the Caribbean’s Lehman Brothers for the region-wide shock that its 2009 collapse produced – and more recently the collapse in energy prices.
Now the overall picture for the Caribbean as a whole is pretty grim, and the outlook murky. As Moodys’s says:
The country’s finances are now a mess, and government debts has now ballooned to over 100 per cent of gross domestic product – perilously high for a small island state – despite the authorities sacking the equivalent of 1 per cent of the island’s population from the public payroll. Including the National Insurance Scheme the gross debt-to-GDP ratio is about 137 per cent. Here are the IMF’s latest figures.
2017-07-23 21:45:23
In reply to Dan_De_Lyan
your insight has escaped nick5/5...
please have a chat with him..
thanks in advance
2017-07-23 22:17:21
In reply to powen001
Any talking points i should be guided by?
2017-07-23 23:27:04
In reply to Dan_De_Lyan
You want to engage powen in a logical discussion?
Good luck.
Powen will be marching tomorrow. He is a political pawn.
2017-07-24 08:00:54
In reply to nick2020
Powen...why is the financial of the country not adding up? 
Is the wicb in control?
2017-07-24 09:01:06
In reply to Dan_De_Lyan
looks that way doesnt it 
2017-07-24 09:02:35
In reply to nick2020
ha ha ha ...you want to talk logic..and calling me a political pawn?
ha ha ha ha ha ha
boy you really need help in truth.
only a complete moron could ignore what is going on in Barbados and support this government.
but get through...Trump and the rednecks aint got nutting on you.
You should be marching though...you could lose the extra pounds.
2017-07-24 09:33:10
2017-07-24 10:09:10
In reply to Dan_De_Lyan
I would like you to look at the reasons powen posted as the official response from the BWU.
Now some background:
The Private Sector has been of the view for years spanning multiple administrations that the public sector is too large and not productive.
So why the heck are they marching with organization that is seeking a 20+ percent increase for the same public sector workers?
Does that make sense to you?
Barbados has fundamental problems that span multiple administrations and no PM or Government has done a single thing to fix the issue.
Healthcare is broken
Education is broken
Transportation is broken
And by broken I mean hemorrhaging the country. The cost to subsidize these institutions is a financial drain on the country and it no administration has done anything substantial to correct this issue.
The DLP is done. Sudden cannot save them. But you mark my words: powen will be happier than a pig in sh** as the country crumbles as he will finger point while he boards a first class flight to NY.
This is for the best though. Because maybe then the voters will realize that we have a completely useless system in place and the voters need to enact real change. Vote both of them out.
2017-07-24 10:12:10
In reply to powen001
Yea because our issues started in 2008 
What a muppet.
2017-07-24 10:19:08
In reply to nick2020
powen will be happier than a pig in sh** as the country crumbles as he will finger point while he boards a first class flight to NY.
U best post...
2017-07-24 11:17:21
In reply to nick2020
youre deluded.
2017-07-24 13:13:38
How long does it take to march around the island?
2017-07-24 13:26:59
In reply to imusic
30 minutes.
2017-07-24 13:40:09
In reply to black
short march
2017-07-24 14:06:30
In reply to imusic
Long march for powen.
2017-07-24 14:55:38
wait how far they march this time? last time they went from queens park to independence square. that is 5 minutes tops
2017-07-24 15:20:07
In reply to powen001
unnuh in got nuh shame? getting use by the private sector...wuh loss muh. look mun crosses doh nuh?
2017-07-24 16:12:20
In reply to sudden
i know you know better...
and your position doesnt square with the facts.
I honestly would love a 30 ZIP result next election but not likely to get it so I ll settle for the DLP getting relegated to the political wilderness while my girl Lynettes Party raises its profiile.
2017-07-24 16:27:06
In reply to powen001
unnuh hoping to wid by default cos up to now Meeeah int seh boo bout how she gine solve we financial and social issues. and doan talk bout lynette uh mean Afffuuh party. dem gine lose duh deposit.
de onliest party dat sehing sumting is Grenville's
2017-07-24 17:50:36
2017-07-24 18:10:03
In reply to analyst-kid
How hilarious. We were told this is not about forcing elections being called.
Village politics is so stupid to watch.
2017-07-24 18:10:50
In reply to sudden
de onliest party dat sehing sumting is Grenville's
You ain easy. You is a true politician.
Abandon ship before it set sail.
2017-07-24 18:22:49
The only person that can fix Bim economy is Owen Roach
2017-07-24 18:23:24
In reply to nick2020
Cawmere all the way
2017-07-24 18:39:01
In reply to sudden
to win by default?
you got that right...It is the D's Fault!
worse government ever in our history...undisputed.
weakest PM in our history undisputed...
Bim pelt in a reverse gear since 2008...Undisputed.
argue them facts....we got time.
2017-07-24 18:42:31
In reply to sudden
big flop today steupse
2017-07-24 18:47:57
In reply to powen001
for that last 2 election cycles- 1986 and 2008, the DLP has had to pick up the pieces after the squandamania by the BLP. the BLP like to borrow and spend and run up huge deficits leaving the DLP to come after and have to raise taxes to pay off their high class thievery and giveaways to the private sector
2017-07-24 20:47:00
BIM has been a historically high ‘quality of life’ for a Caribbean country.
An offshore financial services sector, launched in 1985, has become the country’s second biggest source of foreign exchange after tourism. Need to look at Gulf states and look how they diversify the flow of single source oil money.
Not stopping harassing the Jam and Muddy. It came back to roost
It had to call on the IMF for economic adjustment support and the government introduced economic austerity measures. Worst move for a developing country
Action against drug-trafficking since the 1990s has made security and defense a significant item of expenditure.(easy on the narco man dem) Amsterdam style
2017-07-25 06:23:06
In reply to powen001
Mixed response to march
Over 21,000 turned out
2017-07-25 11:40:23
In reply to sudden
all that clap trap doesnt square with the truth.
put that in yuh pipe and smoke it.
2017-07-25 15:02:28
In reply to powen001
all that clap trap doesn't square with the truth.
????????????
In plain words yuh saying the man is a goddamn liar? Is that the takeaway?
2017-07-25 15:38:12
In reply to powen001
After our independence, the DLP administration faithfully adhered to a philosophy of generally financing Barbados’ development through taxation. This method carried lower financial risks, but restricted the pace of development to what the country could actually afford. At the end of the DLP administration’s decade (1966 to 1976), Barbados’ debt was a relatively insignificant $259 million, but personal income tax rates were relatively high.
The BLP’s philosophy is that Barbados should finance its development by going into debt. This method of development carried higher financial risks, but allowed the country to develop at a faster rate. With development being funded by borrowing, the BLP administration reduced personal income tax rates and received higher revenues.
During the BLP administration’s decade (1976 to 1986), the Central Bank, National Insurance Building in Fairchild Street, ABC highway, Grantley Adams International Airport, General Post Office, and other national projects were built. However, the country was left $3.1 billion in debt, and Barbados was forced to go to the International Monetary Fund (IMF) for assistance.
The DLP took over the Government in 1986 and struggled with an unstable economy. Barbados was again forced to go to the IMF for assistance, and taxes were indirectly increased on public workers through salary cuts. At the end of the DLP administration’s eight years (1986 to 1994), Barbados’ debt had increased to $4.3 billion.
Once the BLP was elected in 1994, they remained faithful to their philosophy and immediately resumed borrowing until they were voted out in 2008. However, by that time, they had taken Barbados’ debt to a staggering and unsustainable $9 billion. The DLP took over the Government in 2008 and immediately increased taxes as directed by their philosophy. They have not stopped raising taxes to this day.
The BLP’s philosophy is that Barbados should finance its development by going into debt. This method of development carried higher financial risks, but allowed the country to develop at a faster rate. With development being funded by borrowing, the BLP administration reduced personal income tax rates and received higher revenues.
During the BLP administration’s decade (1976 to 1986), the Central Bank, National Insurance Building in Fairchild Street, ABC highway, Grantley Adams International Airport, General Post Office, and other national projects were built. However, the country was left $3.1 billion in debt, and Barbados was forced to go to the International Monetary Fund (IMF) for assistance.
The DLP took over the Government in 1986 and struggled with an unstable economy. Barbados was again forced to go to the IMF for assistance, and taxes were indirectly increased on public workers through salary cuts. At the end of the DLP administration’s eight years (1986 to 1994), Barbados’ debt had increased to $4.3 billion.
Once the BLP was elected in 1994, they remained faithful to their philosophy and immediately resumed borrowing until they were voted out in 2008. However, by that time, they had taken Barbados’ debt to a staggering and unsustainable $9 billion. The DLP took over the Government in 2008 and immediately increased taxes as directed by their philosophy. They have not stopped raising taxes to this day.
Link Text
2017-07-25 15:48:29
In reply to sudden
ah hem..
The DLP of 1966 is no where to be seen since 1991.
That you still believe that this is the same DLP and we both know that you dont...proves that your DEM bunch has been a dismal failure for the past 9 years...full stop.
Zero to show Sudz...the people are speaking and simply waiting on fumbling froon to ring the bell.
30- ZIP...thats my honest wish cause yall must learn not to treat Barbados like this ever again.
Bim better off with the UPP and BLP
2017-07-25 15:53:10
In reply to powen001
yet now seized with the statistics that show that the BLP is a borrow and spend guvment you have nothing to say.
unnuh does run up the debt every time unnuh get power and then leave it for the Dees to solve.
in 76 from 259 mil to 1 bil and in 94 from 4.3bil to 9 bil, dispute that nuh.
2017-07-25 15:56:07
In reply to sudden
i am not splitting hairs with you.
This is about Trust and confidence of which yall have NONE left.
and if you want evidence; go look at the Auditor Generals report...
please boss...
deal with whats happening and spare me the empty debate unless its called Governance.
2017-07-25 16:01:30
In reply to powen001
you called me a liar and now that the facts are there to be seen you running behind governance.
those figures represent a huge transfer of wealth from the public {mostly black bajans} to unnuh and the private sector {negrocrats and white bajans}.
it is unnuh borrow, waste and spend philosophy that leads that DLP to raise taxes
2017-07-25 16:09:25
In reply to sudden
man cyar yuh tail with that folly...
that is what wunnuh coming with after 9 long years of hardship and gross incompetence?
get through.
2017-07-25 16:12:20
In reply to powen001
hahahaha. run Powen run but dont forget yuh tail.
uh gine leave yuh wid dis hey-
Once the BLP was elected in 1994, they remained faithful to their philosophy and immediately resumed borrowing until they were voted out in 2008. However, by that time, they had taken Barbados’ debt to a staggering and unsustainable $9 billion.
.
2017-07-25 16:16:38
Not that I give a damn who gets in but this bajan politic seems like the same old same old by both parties...
BTW, Is Barbados ready for this opp leader as Prime Minister? Only the people who matters will know when the election is called.
Stuart putting the trade unions on notice.
He said when the trade unions got into an alliance with the private sector there could only be one winner as cats did not lay with mice; they ate them.
“I hope that those elements in Barbados who feel that a cat and mouse can enjoy fellowship in the same space are not fooling themselves,” he said.
“This new-found fellowship that I am hearing about, not too long from now these same leaders are going to have to sit down across the table with these employers to negotiate wages and salaries and conditions of service.
“I hope that those elements in Barbados who feel that a cat and mouse can enjoy fellowship in the same space are not fooling themselves,” he said.
“This new-found fellowship that I am hearing about, not too long from now these same leaders are going to have to sit down across the table with these employers to negotiate wages and salaries and conditions of service.
2017-07-25 16:17:55
In reply to sudden
by all means...bring it with you.
I have an IPO in Kool-Aid shares starting up for YArd Fowls like you.
only the worst of peeps will know the party messing up...see the lies they telling , feel the same hardship and still say...I voting for DEM.
It starting at $1.00 and will increase by 10% by September.
get in early foh the bell ring...no guarantees if the bell ring before dec 31st 2017
2017-07-25 16:21:11
In reply to powen001
when you increase the national debt from 259 mil to 3.1 bil and from 4.3 bil to 9 bil what do you expect to happen?
how do you pay for that?
all you doing is twisting and turning. dispute those figures?
2017-07-25 16:25:08
In reply to sudden
the only figures I looking forward to is 30- ZIP!!
The sweetest seat will be Kirk Dusting out Froon - the single worst PM in Barbados' history.
You in charge for nine years and your only retort is what may or may not have taken place in the previous 14 ??
HA HA HA HA HA HAH HA HA HA HA HA ,,,man yuh make muh bladder full up fast enough!!
HA HA HA HA HA HA HA HA HA HA
Not to mention the racist clap trap bout planter class-- MORE KIXX!!
And wunnuh suporting MALONEY so much...that even JADA wunnuh previous bed mates so pissed them Marched yesterday too!!!
WHAT A TING!!!!!
ha ha ha ha ...
I must go and see if Leroy Parris march yesterday too...lawd come for your world!!
HA HA HA HAH AH AH HA HA
2017-07-25 16:33:48
In reply to powen001
and then what? raise the debt to 20 mil? and hope that we can win and solve it.
i still want you to dispute those figures you are so hard trying to avoid--
a staggering and unsustainable $9 billion.
how did unnuh expect Bim would handle this debt?
2017-07-25 16:39:07
In reply to sudden
ahm...30 - ZIP.
I want to see Kellmans face if St Lucy gets snatched from under him...
Mara from all reports longing to step down anyway from St John...but these are historical times...
How many Ipads you gine get to give way?
I could do with a new Ipad Air...you know my house...somebody always home and the Rotty in at this location
ring the doorbell and Ill come down...just dont send hapless Jepter Ince by me.
2017-07-25 16:39:52
powen001 6/27/12 8:10:01 PM
In reply to sudden
fair enough...but its too little and too late..
people cant wait to dump Freundel.
hoping Chris keeps his seat and Estwick.
Mara will be a liability..and weaken that strong hold in St John...mark my words.
Lashley will be lucky..
and Donville..if not caught up in the swing may survive..he was a good worker.
remember this post.
In reply to sudden
fair enough...but its too little and too late..
people cant wait to dump Freundel.
hoping Chris keeps his seat and Estwick.
Mara will be a liability..and weaken that strong hold in St John...mark my words.
Lashley will be lucky..
and Donville..if not caught up in the swing may survive..he was a good worker.
remember this post.
I do remember the name...sorry the post.
2017-07-25 16:43:52
powen001 1/27/13 11:07:16 AM
In reply to sudden
fully aware that you are against the return of Affuh.
yuh PARO!!
and that is exactly why you gine need some medication in a few weeks.
FUMBLE barely stretching out the inevitable.
I want you to read the othr comments too..see the front page while yuh at it...
Freundel is the Best FRIEND of the BLP with his leadership...
thanks
In reply to sudden
fully aware that you are against the return of Affuh.
yuh PARO!!
and that is exactly why you gine need some medication in a few weeks.
FUMBLE barely stretching out the inevitable.
I want you to read the othr comments too..see the front page while yuh at it...
Freundel is the Best FRIEND of the BLP with his leadership...
thanks
I will leave the other gems in the archives until closer to the elections.
2017-07-25 16:45:20
In reply to Courtesy
welcome.
I was waiting on you.
may I remind you that the DLP lost plenty seats in that election and barely had a one seat majority.
Its now years later and things are progressively worse.
I hope you holding on to posts over the next 12 months...cause Sudden will need therapy by month 9.
30-ZIP is my wish...and trust me..that is better than...SUDDEN ..picture this:
MARA and KELLMAN as the ONLY TWO members of the DLP!!
2017-07-25 16:46:17
In reply to powen001
In the Opposition Leader's best falsetto voice: "May I remind of being buggered last election. Your stiff fighting cock before the last election took plenty spurs."
And may I remind you, your fighting cock is yet to come. Freundel stopped you from coming with a second term victory.
2017-07-25 16:47:45
In reply to powen001
all i have to say is
a staggering and unsustainable $9 billion.
2017-07-25 16:48:48
In reply to Courtesy
May I remind of of being buggered last election.
Sorry to hear!
unless of course you see that as a moment of glee and celebration!!
Why would you post that son??
get thru..But Sudden married to a check..or cheque..or somebody who does get doctors checks regular..and I presume..FEMALE...but wunnuh get thru
2017-07-25 16:50:59
In reply to powen001
...unless of course you see that as a moment of glee and celebration!!..
Why shouldn't I...It will be a pleasure for me to see you sisspan from another man's dickenson.
Whaaaaaaaaaaaaaaaaaaaaaaahhhhhh!!!!!!
.............................
But back to your defense of the unprecedented debt burden brought about by the BLP.
2017-07-25 16:56:33
In reply to Courtesy
Powen staying far away from those stats after calling me a liar.
up to now he has not addressed that issue.
2017-07-25 16:58:59
In reply to sudden
Powen benefited from the borrow and spend largesse by the BLP.
If I were Powen (correction...never mind), I would be supporting the BLP too...8 years and Powen's snout being too far away from de trough is torture enough.
2017-07-25 17:02:09
In reply to Courtesy
Powen is embedded deeply in Meeeeeaaahhh's big broad boxy but the problem is, that he is not the only inhabitant there
2017-07-25 17:03:38
In reply to sudden
You mean de boxy doesn't have space even for a midget?
2017-07-25 17:09:58
In reply to Courtesy
the problem faced by most caribbean islands is the amount of borrowing relative to GDP. for Bim it is not sustainable and has not been since the 90s
2017-07-25 17:13:48
In reply to sudden
Yep...big problem with a cascade effect. Downgrades...increased cost of money...more borrowing.
Bold and creative leadership is needed...a move away from the failed BLP fiscal policy.
2017-07-25 17:20:22
In reply to Courtesy
I will leave the other gems in the archives until closer to the elections.
Do you have the one with those Thirty Thousand plus working fuh next skin to nothing ($7.00 per hour) in order to get their stay under...?
2017-07-25 17:21:48
In reply to TheTrail
Once it was posted...it's in the archives or let's say on the WWW.
See why I don't say anything bad about President Trump.
2017-07-25 19:51:22
In reply to Courtesy
The present guvment could fire 6 000 public sector workers and save 15 mil a year
2017-07-25 19:51:50
In reply to powen001
Pseeetttt. Check the real numbers and the dates, when you have the time, especially 2008 to 2017. Accept no substitutes.
Remember you're dealing with a factor who has no scruples about alternatives. Things don't need to be square.
2017-07-25 20:04:26
In reply to Headley
Help him out please hahahaha
2008-2017 ? not over yet. More like early 2018
2017-07-26 10:08:29
In reply to powen001
In 2003 when Barbados was riding high and all economic indicators were looking good Owen borrowed US$ 1 billion (check the exact amount) at 2-3 %. He created a rainy day fund based on countercyclical borrowing. By 2014 The DLP administration was borrowing US 50 million from Credit Suisse at 11%.
The fund saved the DLP and Barbados for 8 years but alas there is only so much a man with prescience can do to save those who don't know.
Ask you friend what has become of the rainy day fund that Owen created. Was it the BLP who spent the money?
2017-07-26 10:38:01
In reply to Headley
Please you are asking those two questions?
(Pitton Head and limestone Girth.)
They will attack you soon.
2017-07-26 11:01:14
the DLP regained power in 2008, 5 years after this so called rainy day fund.
a lot of rain fell in the period between 2003 and 2008 which resulted in a debt of 9 bil left by AFFUUH and the BLP.
Poween you need more knowledgeable friends.
2017-07-26 11:06:27
In reply to sudden
Sudden.
You are deluded.
If Courtesy had any integrity he would post the numerous times you admitted that the DLP was doing crap and that you didnt expect to win the 2013 elections...but its ok.
On this occasion...no amount of smoke and BS you blow will work...
30 - ZIP...and a subsequent death sound for the Worst Government in the history of Barbados.
2017-07-26 11:18:30
In reply to powen001
until you address the stats above with regards to the debt left by the BLP I have nothing more to say to you.
you may seek help if you are confounded
2017-07-26 11:22:24
In reply to powen001
Honest observation Powen.
Why engage in a debate when you are not going to address the substance of the matter?
2017-07-26 11:26:46
In reply to sudden
You know the funniest talking point from the Bees is the BLP went from 23 seats in 2003 to 10 seats in 2008 just because the people wanted change.
The country was fine. Everything was great. Just woke up on election day and decide to give another fella a chance.
Powen is one of these people.
Then is 2013 is vote buying.
I have never seen a bigger group of whiners.
2017-07-26 12:01:32
The ineptitude by both parties in Bim have us where we are.
Poween knows, the problems are not actually solved with a switch in administration, but he is correct: a switch must come. Desperate for reversal leaves only one alternative: the other party. 
The woe: Political and National management in Bim has long shifted from Civil Servants/expertise and experience based policy to "god figure Ministers" that managed by their own opinions. Both parties had/have spectacular yard fowls that speak eloquently on transformation, while actually only serving their own pockets and needs and providing the people with vision-less options.
Banking/Offshore industry is under extreme pressure/dead. Tourism fickle. Agriculture limited, weak. Tech Industry non-existent. Manufacturing lifeless. Cuts in education. Cuts in Healthcare. Cuts in Social programs....
The dread: debt ratios are such that no option, other than Bajan exports from manufacturing can save Bim from the spiral. Our exports and the re-development of the manufacturing industry to compliment the turbulent, up and down Tourism industry is long overdue.
Barbados is under a debt guillotine.
Finger pointing time: Until such time before we innovate our way out... we can point fingers and bitch whine all day, but we Bajans will continue to suffer in the absence of real vision.
2017-07-26 12:28:56
In reply to pelon
everything said before debt is almost for nought. we have to get ourselves out of this debt crisis.
we have the highest debt v GDP in the region, it was last reported. there is always this notion that the DLP is the one which gets us there simply becos when the Dees get in power it coincides with a recession or the lenders come calling.
hence blaming is crucial at this juncture. what i posted shows once and for all that indeed it is the BLP which always borrow and squander and then it is left to the DLP to repair the damage and get the blame.
the thing is for all the borrowing and spending we get no where - no new black businesses are created and if they are they do no last. all the borrowing represents is a huge transfer of wealth to the private sector and the general public is left holding the strain.
and yes the DLP always try to solve the debt by raising taxes cos it is the only choice left. imagine growing debt from 259 mil to 3.4bil in 8 years and then from 4.3 bil to 9bil in 14?
those are staggering numbers? how do you pay for that? where is the spending for innovation and new growth/business going to come from?
if you have the answers lets hear them
2017-07-26 16:42:15
In reply to pelon
The Barbados Debt/GDP ratio was 56% in 2008
In 2017 it is 130% (highest in the Caribbean) and rising.
Blaming both parties equally is false equivalence.
2017-07-26 16:50:22
In reply to Headley
as a neutral man on the ground , how do you see it?
2017-07-26 18:14:58
In reply to camos
If he was neutral he would say both are useless.
That is the truth.
2017-07-26 18:23:01
In reply to nick2020
he is trying his best to help Powen and after one disastrous attempt he is trying again. the guy is just like Powen, talks big but is of little substance.
midgets always dwarf together.
Solution Barbados is my party
2017-07-26 19:45:54
In reply to camos
The past BLP administration failed to attract the agitators. By a strange coincidence all of the union leaders older than 50 are/have been DLP senators, ambassadors or chairmen of statutory corporations. The BLP disproportionately attracts the professional and business class (whites).
The present DLP administration almost exclusively attracts the agitators and the black sympathizers, the community leaders. By a strange coincidence the DLP leaders are devoid of economics and management skills. They are still concerned with the effects of the 2008 recession. Taxation is the only economic lever they know. Annual road tax on a 2000cc vehicle in Bim starts at US$ 450.00.
I repeat, the debt/GDP ratio was 56% at the end of the BLp administration in 2008. After 9 years of the DLP it is 130% and increasing. Anyone with numeracy skills can plot that curve. By the way, this is the opposite of the propaganda that Powen's friend was peddling. As a failed DLP candidate you should forgive him.
My sentiment tells me one thing but my intelligence and numeracy skills can clearly see the opposite.
2017-07-26 20:10:44
the BLP is a Labour Party. In fact that is how it got its start- from the Labour unions fighting for plantation workers and other workers against the white business class. The DLP was a split from the said BLP when Barrow thought that the BLP was moving too slow in enacting social programs. he led Bim for three terms - 2 as Bim's first PM and was an economist or had an economic degree. He established the central bank and had the backing of the black professional class.
And later that was solidified when the said DLP enlarged free secondary schools and free uni. He had a lot of support from the unions and many union leaders were MPs in the DLP. These social programs caused the whites in Bim to support the BLP after their party could no longer get broad based support although the DLP enjoyed quiet support among some whites. In short the DLP was an urban black professional party and the BLP morphed into a mixed raced, white, and rural party.
A lot of that has changed and there is plenty of movement between the parties except that in large number whites support the BLP.
There is no philosophical difference between the parties - it is a matter of the leader and how he or she functions. At present there is an equal amount of lawyers / doctors/ economists/ community organizers in each party. And of course this makeup varies from time to time.
You know only superficial facts about Bim. You should stay quiet.
I would address the debt to GDP but the answer is so simple I will not yet.
2017-07-26 20:26:30
In reply to Headley
The past BLP administration failed to attract the agitators. By a strange coincidence all of the union leaders older than 50 are/have been DLP senators, ambassadors or chairmen of statutory corporations. The BLP disproportionately attracts the professional and business class (whites).
The present DLP administration almost exclusively attracts the agitators and the black sympathizers, the community leaders. By a strange coincidence the DLP leaders are devoid of economics and management skills. They are still concerned with the effects of the 2008 recession. Taxation is the only economic lever they know. Annual road tax on a 2000cc vehicle in Bim starts at US$ 450.00.
Yard fowls ain't easy boy.
2017-07-26 20:36:22
In reply to sudden
oh...you still here?
I aint saying another word mate.
Pelon actually is more serious than you are...and honestly..the blame crap you trying to plant while ignoring 9 years of incompetence for me will always be a non starter..
SO..if you serious ..lets chat about what MUST happen and see if they are anythings we can agree on.
Here are my two for starters:
Growth strategy must be facilitated and supported by Government
Productivity must be measurable in the civil service...In private sector..no need cause if you dont produce you die.
ANY frame work starting with those two I support.
* Nick...you need to go sit down and produce some substance on the potty before you can talk to me son...run along.
2017-07-26 20:45:35
In reply to powen001
Hahaha. Tell your man Headley to learn Bim politics before he jooks his mouth into what he knows little about.
Mate you cannot argue about the debt the BLP runs up in power. It is what it is. What you could argue about is whether it serves a purpose or not.
There, I have given you a way out. Take it
2017-07-26 22:46:18
the BLP is a Labour Party. In fact that is how it got its start- from the Labour unions fighting for plantation workers and other workers against the white business class. The DLP was a split from the said BLP when Barrow thought that the BLP was moving too slow in enacting social programs. he led Bim for three terms - 2 as Bim's first PM and was an economist or had an economic degree. He established the central bank and had the backing of the black professional class.
And later that was solidified when the said DLP enlarged free secondary schools and free uni. He had a lot of support from the unions and many union leaders were MPs in the DLP. These social programs caused the whites in Bim to support the BLP after their party could no longer get broad based support although the DLP enjoyed quiet support among some whites. In short the DLP was an urban black professional party and the BLP morphed into a mixed raced, white, and rural party.
A lot of that has changed and there is plenty of movement between the parties except that in large number whites support the BLP.
There is no philosophical difference between the parties - it is a matter of the leader and how he or she functions. At present there is an equal amount of lawyers / doctors/ economists/ community organizers in each party. And of course this makeup varies from time to time.
You know only superficial facts about Bim. You should stay quiet.
I would address the debt to GDP but the answer is so simple I will not yet.
And later that was solidified when the said DLP enlarged free secondary schools and free uni. He had a lot of support from the unions and many union leaders were MPs in the DLP. These social programs caused the whites in Bim to support the BLP after their party could no longer get broad based support although the DLP enjoyed quiet support among some whites. In short the DLP was an urban black professional party and the BLP morphed into a mixed raced, white, and rural party.
A lot of that has changed and there is plenty of movement between the parties except that in large number whites support the BLP.
There is no philosophical difference between the parties - it is a matter of the leader and how he or she functions. At present there is an equal amount of lawyers / doctors/ economists/ community organizers in each party. And of course this makeup varies from time to time.
You know only superficial facts about Bim. You should stay quiet.
I would address the debt to GDP but the answer is so simple I will not yet.
A third former in a hurry would write this.
2017-07-26 22:52:46
In reply to sudden
In short the DLP was an urban black professional party and the BLP morphed into a mixed raced, white, and rural party.
is the above a fact, Barrow was the first to bring whites ( foreign) into the DLP, Peter Morgan (Ch Ch)to head the tourist board.
Did Barrow not rely on rural population for his base e.g Brancker and Tudor in St. Lucy, Edwards in St Andrews and Barrow himself in St.John.
There is no philosophical difference between the parties
I totally agreed with the above statement and this is why the big headed man should return to lead Bim out of these dire times.
2017-07-27 06:55:42
In reply to tc1
If you look back at the beginning of the DLP you would see that Barrow ran in St George and was defeated. Barrow’s family is from St Lucy and he was supported there and in St Phillip with the Tudor factor, Cammie’s father, who was very popular there. Cammie’s father was a black businessman who lived in St Philip and did a lot of trading there and in St Michael.
But overwhelmingly the major supporters of the DLP were St Michael, the urban professional class. The DLP was started at Maynards’ house in St Michael. Maynard I believe was the head or deputy head of the tax department.
It is only after the DLP got established and given a serious look that rural constituencies like St Andrew, St George and St John gave them a second look. Up to this day the DLP has never won St Thomas or St Joseph.
Peter Morgan was around the 70s and is among some of the Whites who supported the DLP. When we went independent some whites ran and went to Canada and Oz predicting that Bim would sink with black leadership. After it didn’t some returned.
Why you think Powen has not disputed what I wrote about the formation and background of both parties. He should ask his father.
2017-07-27 07:46:13
In reply to sudden
Why are you addressing that ridiculous assertion by Headley?
It falls inline with the same stupid rhetoric that things better under the BLP
2017-07-27 09:07:32
Sinckler, or whatever his name, is a fraud. When Sandi introduced him and Thompson years ago you could see talented leader and the know it all. This have been proven over time. The man is totally at sea holding the most important job in Bim (P.M. is invisible so don't count). Enough about this party garbage and fix the damn problems. If you can't then move on and let someone else try to fix them.
2017-07-27 09:16:17
In reply to Headley
I never found myself in disagreement with your post here, except now, on the false equivalence comment.
The Barbados Debt/GDP ratio was 56% in 2008 In 2017 it is 130% (highest in the Caribbean) and rising.
Blaming both parties equally is false equivalence.
Yet previously...
Blaming both parties equally is false equivalence.
Owen borrowed US$ 1 billion (check the exact amount) at 2-3 %. He created a rainy day fund based on countercyclical borrowing. By 2014 The DLP administration was borrowing US 50 million from Credit Suisse at 11%.
Excess borrowing period!(see your own post), sale of national assets and little infrastructure advancements to show for is the failure of both parties. The rainy day fund was a poison pill too. 3% on a billion USD for a small island was NOT prudence, if no mechanism to repay.
Yes, where is that money? Where did it go? What publication in the central bank can i read to show it was set up as a rainy day fund and not a piggy bank? I honestly want to know. (No true, help muh on that one)
Let it be known, I acquiesce to your point: Barbados under BLP has had "better" economic performance when compared to the hell fiscal management out of DLP.
2017-07-27 10:21:43
In reply to seaegg99
Sandi may have introduced Sinckler but not Thommo. get yuh facts straight
2017-07-27 10:23:15
In reply to pelon
there is a lot of difference ruling in a crisis and ruling in times of plenty. just look at the BLP in 1986 when they had to deal with a recession.
2017-07-27 10:59:21
In reply to pelon
[
i]et it be known, I acquiesce to your point: Barbados under BLP has had "better" economic performance when compared to the hell fiscal management out of DLP.
[/i]
I was not following the affairs closely, but I would have to agree with your statement, it appears that Bim performed better under the BLP than the DLP, even as the DLP appears to be better at inducing measure to preserve the wealth of the country.
2017-07-27 11:03:54
In reply to sudden
there is a lot of difference ruling in a crisis and ruling in times of plenty. just look at the BLP....
The trend to have a political allegiance above and before unbiased assessment, permeates this MB and ultimately our society.
If you step outside the DLP box for a minute and look around, you will see negative growth, expanded debt ratios, increased borrowing and cuts in Social Programs (the hallmark of the DLP) ....
Yawn, I remain resolute: Both parties have failed in pursuit of fiscal prudence (with DLP getting an outright 'F')
Too many harden 'party first' flag bearers.... a lost battle.
2017-07-27 11:20:00
In reply to tc1
I always gave DLP full marks for redistribution.
Historically, and in the context of a DLP STRENGTH, I complete agree with your objective theme too.
original:
it appears that Bim performed better under the BLP than the DLP, even as the DLP appears to be better at inducing measure to preserve the wealth of the country.
tweaked: it appears that Bim performed better under the BLP than the DLP, even as the DLP appears to be better at inducing measure to re-distribute the wealth of the country.
Bim never had excess wealth to preserve. Our "wealth" is our people. In any moment Bim was proud, conservative, socially responsible and fiscally prudent society. Universal access to Education and healthcare separated us from "wealthy" resource rich neighbors. No blame other than of ourselves can free us from this cycle of vision-less leadership.
All this is going to force me to read the manifestos from the last election again....
2017-07-27 11:24:12
In reply to pelon
not so. there is always this talk in Bim that Bim does better financially under the BLP and not the DLP. that is it...talk until you look at the numbers and see that the doing well financially was predicated upon borrowing and financing development thru debt.
it looks good at first blush but when there is a recession and when people are laid off, and general public spending wanes then guvment finds itself in a quandary. you have to pay the debt but there is no spending to stimulate growth to get foreign exchange or to collect enough taxes from a shrinking working population to finance the debt. you cant borrow to finance the debt either or at some point you wont be lent money or be lent at a ridiculous rate.
you either have to cut public workers or raise taxes.
so when i hear this talk about about Bim doing better under the Bees, look under the hood and see the huge deficit that finances this.
here it is for you- again
After our independence, the DLP administration faithfully adhered to a philosophy of generally financing Barbados’ development through taxation. This method carried lower financial risks, but restricted the pace of development to what the country could actually afford. At the end of the DLP administration’s decade (1966 to 1976), Barbados’ debt was a relatively insignificant $259 million, but personal income tax rates were relatively high.
The BLP’s philosophy is that Barbados should finance its development by going into debt. This method of development carried higher financial risks, but allowed the country to develop at a faster rate. With development being funded by borrowing, the BLP administration reduced personal income tax rates and received higher revenues.
During the BLP administration’s decade (1976 to 1986), the Central Bank, National Insurance Building in Fairchild Street, ABC highway, Grantley Adams International Airport, General Post Office, and other national projects were built. However, the country was left $3.1 billion in debt, and Barbados was forced to go to the International Monetary Fund (IMF) for assistance.
The DLP took over the Government in 1986 and struggled with an unstable economy. Barbados was again forced to go to the IMF for assistance, and taxes were indirectly increased on public workers through salary cuts. At the end of the DLP administration’s eight years (1986 to 1994), Barbados’ debt had increased to $4.3 billion.
Once the BLP was elected in 1994, they remained faithful to their philosophy and immediately resumed borrowing until they were voted out in 2008. However, by that time, they had taken Barbados’ debt to a staggering and unsustainable $9 billion. The DLP took over the Government in 2008 and immediately increased taxes as directed by their philosophy. They have not stopped raising taxes to this day.
The BLP’s philosophy is that Barbados should finance its development by going into debt. This method of development carried higher financial risks, but allowed the country to develop at a faster rate. With development being funded by borrowing, the BLP administration reduced personal income tax rates and received higher revenues.
During the BLP administration’s decade (1976 to 1986), the Central Bank, National Insurance Building in Fairchild Street, ABC highway, Grantley Adams International Airport, General Post Office, and other national projects were built. However, the country was left $3.1 billion in debt, and Barbados was forced to go to the International Monetary Fund (IMF) for assistance.
The DLP took over the Government in 1986 and struggled with an unstable economy. Barbados was again forced to go to the IMF for assistance, and taxes were indirectly increased on public workers through salary cuts. At the end of the DLP administration’s eight years (1986 to 1994), Barbados’ debt had increased to $4.3 billion.
Once the BLP was elected in 1994, they remained faithful to their philosophy and immediately resumed borrowing until they were voted out in 2008. However, by that time, they had taken Barbados’ debt to a staggering and unsustainable $9 billion. The DLP took over the Government in 2008 and immediately increased taxes as directed by their philosophy. They have not stopped raising taxes to this day.
now you tell me how do you pay this debt?
from 259 mil to 3.4 bil? and then from $4.3 bil to $9 bil? what have we got to show for it? a few buildings and a great road system?
and the bloody desecration of the west coast with all those ugly buildings blocking views and access to the sea. that still rankles me to this day.
mate that was a great transfer of wealth to the private sector. no lasting black businesses were created then and giveaways were the order of the day- GEMS.
remember there was a great recession from 2008-2010 in the face of a 9 bil debt. what room did the DLP had to manoeuvre? and then Thompson died.
2017-07-27 11:46:04
In reply to sudden
You should see my credit to the DLP before your post... you may even discover, if you have not done so before, that I have zero political dogs to feed.
anyhow:
now you tell me how do you pay this debt?
You can't. The sword is in. Wake up. Blame is a defeatist game.
2017-07-27 11:54:49
In reply to pelon
Yeah i saw it afterward.
no, no, no... blame is important politically. this talk about Bim doing well under the BLP has morphed into a truism so to speak when it is not so.
this whole union mess is about Meeeaaah hoping that the DLP makes the hard choice for them again- 1994 all over. we cant cut public workers's salary so what can we do- lay them off like the private sector recommend?
then we get the blame.
yet the BLP, the unions and the private sector are marching.
if i were to advise Freundel i would tell him to convene the meeting as soon as possible in a public arena and then do what they recommend and call an election right away.
2017-07-27 12:08:04
In reply to pelon
Partisan politics. Killing countries.
This is why I believe the way to go are Independents.
2017-07-27 12:21:34
In reply to nick2020
Could be, but any Independent has to be willing to stick the course through at least three election cycles and not be wooed by the party machinery (whichever country) with promises of cabinet posts, etc, if they're seen to have momentum.
2017-07-27 12:56:34
In reply to Tryangle
What if:
Politicians actually had to do a job that could be reviewed by the constituents?
This is the issue we have.
We have too many politicians who get a pick hiding under the party machinery. Bajans are fed up with useless politicians yet we does go and vote in useless politicians.
Because we look at who will be the ruling party.
That is why our system is broken. Because people like powen fine supporting a floor-crossing-woman-beater because he is part of the party. That is wrong.
2017-07-27 13:11:53
In reply to nick2020
Powen going soon come and cuss you.
in theory you are correct.
running for office costs money, time and some degree of organisation. the party machinery ensures you get support
2017-07-27 13:26:12
In reply to pelon
Yes, where is that money? Where did it go? What publication in the central bank can i read to show it was set up as a rainy day fund and not a piggy bank? I honestly want to know. (No true, help muh on that one)
I will find the documentation setting up the fund and get back to you.
2017-07-27 13:41:21
In reply to sudden
running for office costs money, time and some degree of organisation. the party machinery ensures you get support
I think a system that rewards people who have the finances and connections to succeed will be flawed.
We need the best and the brightest at the top and not the ones who know the right people.
What did Maria Agard do that caused her to be excommunicated from the party? By all accounts she is bright and actually contributes in parliamentary debates.
I am honestly ashamed of powen. You cannot be a man of God and associate with these current crop of politicians. Say you support these vindictive, dishonest, lying pack of wolves and then go to church? Terrible.
But call me commie the anarchist. I welcome voting in the BLP. If you would stop trying to deport me I would give the BLP representative a vote too. Then I will sit back and watch them carry out the exact same mandate as the Dems, point fingers and make excuses while Headley and powen comfort us knowing that for some cosmic reason the Bees better for the country. I guess Mia is Adams reincarnate.
2017-07-27 13:51:07
In reply to Headley
I will find the documentation setting up the fund and get back to you.
The question is where it went.
Pelon, when you look at the Nigerian project, Al Barrack, contracting SSS (who get sue in Jamaica) to add two more lanes to a highway that still don't work it would be of no surprise to me that we do not really get an answer to "where it went?".
Now seriously, does it make sense to borrow money with interest to put down in case sh*t and not invest it in something to get returns? And $1B at that?
You have a public transportation system that is bleeding money, the only hospital running to ruin, agriculture and manufacturing going extinct, and infrastructure like a government building on Roebuck street that looks like it is falling apart after less than 10 years and we borrow $1B for a rainy day?
I am sorry but it was not rain you had to prepare for it was a flood. And you invested in an umbrella when you needed a boat.
2017-07-27 13:58:37
In reply to nick2020
The question is where it went.
100% correct.
Also, was it a rainy day fund, or was it then a tickle out piggy bank from day one???
I have no doubt that it was set up under the guise of a "rainy day fund", and it is an OK decision theoretically at low interest rates... however... if it was squandered...
Folks: read Confessions of an Economic Hit Man
2017-07-27 14:07:26
In reply to nick2020
.
Because people like powen fine supporting a floor-crossing-woman-beater because he is part of the party. That is wrong
.
Powen may be related to the Crossing-woman beater, blood line/ family ties trumps the flag.
Historically the Crossing woman beater comes from privileged background and deeply rooted in conservatism.
2017-07-27 14:09:57
In reply to pelon
I have no doubt that it was set up under the guise of a "rainy day fund", and it is an OK decision theoretically at low interest rates... however... if it was squandered...
Should someone borrow money merely because the interest rates are low and then put it down and not get a return on investment? That sounds like financial stupidity to me.
Especially when the countries had a bunch of underlying issues.
None of our politicians have any vision whatsoever. And all the electorate know is B or D. Sad.
We could have taken a billion dollars and built a proper mass transit system like a solar powered train. Then we would not need to import as much fuel or add two more lanes to a highway.
We could have taken a billion dollars and developed agriculture.
But why bother? People will vote for someone and watch them do absolutely nothing for 5 years and do it all over again.
2017-07-27 14:29:38
In reply to nick2020
in 2008 the DLP encountered 9 bil in debt left by the BLP.
what if there was a $1 bil rainy day or dry day fund? how would that have helped with the debt?
when the 2008-2010 great recession hit Bim, you would have needed a deluge fund with that kind of debt!!
2017-07-27 14:35:11
systemic changes are needed in Bim. we needed a slimmer and more relatable civil service. an equally a trimmer and more relatable government.
we need to be able to rely on government services to get matters expedited timely in relation to the incorporation of companies, and other business transaction. as it stands now unless you went school with someone you have to wait an inordinate amount of time to get anything done. this has plagued Bim too long. it bothers me that bajans have to line up in the hot sun to pay land taxes. that really pisses me off in this day and age.
it has cost me some friends.
that is why i am not supporting either of the established parties this time around.
i know for sure that the DLP will not get tricked again. they are not going to cut civil service jobs. they know that is what the BLP is pushing for.
MEEEAH will have to do the dirty work. she will not cut jobs but she will privatise, which will result in another transfer of wealth and cuts anyway.
SOLUTIONS BARBADOS
2017-07-27 15:10:22
In reply to sudden
when the 2008-2010 great recession hit Bim, you would have needed a deluge fund with that kind of debt!!
I am sorry but it was not rain you had to prepare for it was a flood. And you invested in an umbrella when you needed a boat. - nick2020
2017-07-27 15:13:55
In reply to sudden
Privatize what sudden?
Name one entity that you think any sane businessman want. CBC? Transport Board? Bajans done sell off the only profitable, desirable one in BL&P.
The BLP will continue the taxation. And point fingers.
They will do citizenship by investment.
They will send some people home. Then rehire people in their constituencies.
The only debatable thing is will they go to the IMF.
2017-07-27 15:24:15
In reply to sudden
co-sign.
Start with transparency. Be a transparency pioneer in the region. Asset disclosures for ministers.
Publicly posted Tenders (online) for all projects > $25K BDS
Tax luxury goods to the MAX. those that can afford a 60" LED TV can't drain foreign exchange without penalty.
Wage freeze on gov. salaries. No mister should earn 4 times the national salary average.
INNOVATE OUR WAY OUT concept:
All vehicles imported must be purchased in Cypto Currency.
If you don't know Cypto Currency ignore this proposal.
This does two things:
1. Creates a cypto currency economy in Barbados (it is present, but very limited)
2. preserves the USD reserves.
3. extension of the concepts discussed by Winston Moore & Jeremy Stephen, former Central Bankers. UWI Lectures.
2017-07-27 15:34:31
In reply to pelon
ITAL- Integrity legislation. not passing that at all is one of matters over which the present DLP and i fell out.
Jeremy Stephen is a good Cawmere Boy. Michael Howard too
2017-07-27 15:59:43
In reply to sudden
I am unable to verify this claim of the BLP borrowing US $1B.
2017-07-27 16:04:28
In reply to pelon
thanks, both guys are very articulate and seems very knowledgeable even the Cawmerian, I will listen to the complete tape later.
2017-07-27 16:09:40
In reply to nick2020
is $1B a lot of money, I have done projects with budgets excess of 1B, I am trying to understand the number in term of economic impact.
2017-07-27 16:10:23
In reply to sudden
ITAL- Integrity legislation. not passing that at all is one of matters over which the present DLP and i fell out.
Is this to say you held a principled position?
Cawmere, great school, entire family went. I passed for Dodds.
Side note: Have you been by Scoopies Jazz bar yet?
2017-07-27 16:10:27
In reply to tc1
you lucky that certain persons intervened to stop AFFUUH from selling CP
2017-07-27 16:14:38
In reply to pelon
it is not a principled position. it is a way of controlling the crooks in both parties.
but alas!
no but someone told me about it. my czech mate doesnt know whether she likes Jazz
2017-07-27 16:17:36
In reply to tc1
GDP of Barbados was US $3B in 2002. To borrow a third of your GDP for no reason at 2% interest sounds like the kind of deal Trump would make with the Russians.
2017-07-27 16:19:47
In reply to sudden
my czech mate doesnt know whether she likes Jazz
Wait one rass minute. You saying that until she decides, you CANNOT go? Iz dat wot you really saying???
Smile.
2017-07-27 16:20:32
In reply to sudden
ITAL- Integrity legislation. not passing that at all is one of matters over which the present DLP and i fell out.
That is like an employee telling his boss "You need to put measures in place to make me work harder."
2017-07-27 16:22:44
In reply to nick2020
you getting outta hand.
weh Powen?
2017-07-27 16:29:10
In reply to sudden
Probably at church.
2017-07-27 16:40:20
In reply to nick2020
list of companies recommended to be privatised by the Fiscal Partners
Cane Industry Corporation
Barbados National Oil Com
Conference Services Ltd
Barbados National Terminal Co
National Petroleum Corp
Needham Point Holding Ltd
Needham Point Development Inc
Hotels and Resort ltd
Southern Meats ltd
Caribbean Airways International ltd
2017-07-27 16:46:20
In reply to sudden
Barbados National Terminal Co
Rubis and Sol ain't fighting over this?
Southern Meats? Oh this is the abattoir. Hotels and Resort Ltd is the old GEMS?
2017-07-27 16:50:18
In reply to nick2020
yep
for partial privatisation
CBC
Barbados Port Inc
Caribbean Airport Handling
GAIA
Remember these are recommendations by the Fiscal Partners and not Guvment
2017-07-27 17:29:42
In reply to pelon
The programme which was introduced by Owen Arthur at the end of 2001 (after 911) was titled NEEFP - National Emergency Economic and Financial Programme. The amount borrowed was not US1 Billion as I wrongly stated but US 200m as a buffer for balance of payments.
Counter-cyclical expenditure by the Government as part of its National Economic Emergency and Financial Programme (NEEFP), which commenced at the end of 2001, seems to have tempered the effects of the slowdown and Barbados returned to its growth path in 2002, albeit at less than 1% with a real GDP figure of $954.4 million
I will provide more details of NEEFP as I find them.
2017-07-27 17:32:49
Wuhloss muh belly. Look muh crosses doh. Lawd cum fuh yuh worl. Hahahaha
2017-07-27 18:05:06
In reply to Headley
I respect your honesty on the clarification.
But you know with a declining economy in 2007, planned expenses like highway expansion and unforseen events like building a new prison and the Al Barrack lawsuit the DLP world have realized very little of that "windfall".
2017-07-27 18:54:26
In reply to nick2020
That is why our system is broken. Because people like powen fine supporting a floor-crossing-woman-beater
Wicki uh mean wicked!
2017-07-27 18:58:10
wunnuh still at it?
good stuff..
keep it going.
My wish list
*30-Zip for first 5 years with UPP getting some seats in year 5/6...still ZIP for the DLP.
* never to see or hear the name Freundel Stuart again except for examples of piss poor leadership...indeed I never heard this frigged up name until elections some years ago when he got his tail handed to him in St Philip.
* Political will to work with labour and private sector towards growth strategies and produce not merely give people tax payors monies when the month comes.
* A viable think tank producing entrepreneurs and exporting Bajan skills across the globe with agreements to repatriate some funds for the first few years to help that program become self sustaining.
* Arable lands to be put to production and lease from owners system established.
those off the top of my head...but yall can keep talking about who is at fault etc etc..
Sudden doesnt realize that he is admitting his bunch is a pack of collossal failures...well its self evident but the kool aid crystals in his eyes.
2017-07-27 19:23:47
In reply to powen001
Don't you understand how stupid it is to want any party to have 100% of the seats?
2017-07-27 19:56:43
The "BUMS" need to go and come again. 9 years and what?
Should never be 100%.
2017-07-27 20:44:04
In reply to nick2020
I respect your honesty on the clarification.
When I quoted the original figure it was from memory and I did put a note in brackets indicating that the figure was to be checked.
I can afford to be honest. I have no axe to grind and sadly no favours to get.
I will admit that I have an interest in debunking the myths and propaganda distributed by professional propagandists.
2017-07-27 20:57:24
In reply to nick2020
o
borrow a third of your GDP for no reason at 2% interest sounds like the kind of deal Trump would make with the Russia
I don't think it was a bad deal, how you reallocated the funds may be the problem
2017-07-27 23:16:07
In reply to nick2020
Southern Meats? Oh this is the abattoir. Hotels and Resort Ltd is the old GEMS?
No, the Bullas of south bridgetown
2017-07-28 07:40:57
In reply to powen001
my short, vertically challenged, midget, drawf friend, you have added nothing to his thread save for a few trite remarks.
not surprising tho, you are always short of the mark
2017-07-28 09:07:07
In reply to sudden
The most dangerous person is the one who does not know and does not know that he does not know.
2017-07-28 09:30:49
In reply to nick2020
in this instance, our imp friend knows he does not know but does not know he does not know
2017-07-28 09:55:42
In reply to nick2020
Name one entity that you think any sane businessman want. CBC? Transport Board? Bajans done sell off the only profitable, desirable one in BL&P.
Shoot when did BL&P get sold off? For some reason I thought it was like a quango all this time.
Regarding privatization, the airport services and port handling ones make sense. Outsource those and see what savings can be reeled in.
Is the postal service a possibility for outsourcing (or decommissioning)?
In reply to sudden
running for office costs money, time and some degree of organisation. the party machinery ensures you get support
Truth. Unless you get some kind of campaign finance reform in place, which I bet neither the Dems nor Bees would push for. So it benefits either the established parties, or rarely some already-wealthy individual who may not necessarily be the kind of grass-roots, bright ideas, dedicated-to-serve person needed for the post.
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Oh and yes, get them people paying their taxes online stat.
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