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Venezuela: Reality Check

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Submitted by the good and bad
David Comissiong
David Comissiong

Today in the Nation newspaper there is a photo and caption concerning the situation in Venezuela…With the likes of David Comissiong and other left leaning individuals fully backing a worldwide known government that has so totally failed a once prosperous and potential country, that it is now used in major Universities all over the world as a model of failure.

I hardly think Comissiong is really aware of what is happening in Venezuela…its so easy to lay back totally removed from reality and spout garbage that sounds good, which helps to elevate his status and make for more conversation when he attends cocktail functions.

I know because I have family there who tell me the truth about nothing on supermarket shelves for days…items that were once all Venezuelan made now being imported, a crime rate that would make wars a walk in the park, a total disregard of freedom of speech, false accusations and imprisonment…etc.

Mr.Comissiong you are a true coward who hides behind words and manipulation for your own self-fulfilment and agenda

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165 responses to “Venezuela: Reality Check”

  1. David Avatar
    David

    @Hal

    of course and ‘external factors’

    Unlike Jamaica and Trinidad for example we lack a vibrant entrepreneurial class. If we did the financial market would have to respond.

  2. Hal Austin Avatar
    Hal Austin

    @ David

    True

  3. balance Avatar
    balance

    “Hal Austin | March 3, 2014 at 4:41 AM |
    @ balance
    For the economy to grow there must be financial intermediation”
    Pure rhetoric . What is the purpose?

    “The only Barbados-domiciled bank was sold to the Trinidadians. The price we pay is that under-funding of small businesses, which is necessary for the economy to grow.”

    If the lack of access to funds by small businesses is the main factor then I am glad to skip that economics class. First of all the mission of the BNB was not developmental but commercial. The objectives are clearly different and the requirements for accessing loans from development banks are less stringent. In any case,were not Govt run institutions like the Barbados Development Bank and the Agricultural credit Bank long ago established primarily to achieve such an objective re loans for fishing boats, acquisition for agricultural land. etc, but the debts accumulated by those institutions some no doubt as a result of political considerations were enormous and forced closure in the case of the Development bank by the IADB. Matter of fact, at one time under Mr Adams an Agricultural wing was attached to the BNB after the Agricultural Credit bank in name only assumed the role of a collecting agency for debts owed for land obtained -but not used in several instances- for agricultural purposes. The bottom line is that in these small banana, sugar cane like economies where all Govt related decisions depend on political considerations and association , laudable initiatives do not achieve their potential and flounder.

  4. Hal Austin Avatar
    Hal Austin

    ‘Balance
    I am out of there. You have it how you will. Life is too short.

  5. balance Avatar
    balance

    “Arthur sold control of BNB, leaving Barbados as a minority share holder.”

    In my view the bigger picture in this issue requiring censure would be the administration’s selling of the shares way below market price.

  6. balance Avatar
    balance

    “Hal Austin | March 4, 2014 at 6:13 AM |
    ‘Balance
    I am out of there. You have it how you will. Life is too short”
    NO, just find another reason with merit and it might change my opinion and Bushie already took me to task for that ‘Life is short’ statement. His view is that ‘Life is development’

  7. Hal Austin Avatar
    Hal Austin

    @ Balance
    My last word. You are wrong about the BNB. It was a massive mistake in financial economic terms. I f Barbados is going to move from a begging bowl economy, we must develop a capital; that means a Barbados-domiciled bank, foreign-owned banks that want to invest in Barbados, insurance companies and shadow banks investing, competing middle and back office staff.
    What ever the politics – and politicians should keep out of financial services – in terms of finance it was a bad decision by Arthur one which this government has failed to correct and the credit unions have got cold feet over the Blackman Report.
    I know a senior UK bank director who stays at Sandy Lane once or twice a year and is keen to launch a bank in Barbados but the underdeveloped business environment is putting him off.
    I am gone this time.

  8. David Avatar
    David

    @balance

    Your problem is that you see your job as having to ascribe blame. You are missing the point that Hal is making, it started with the sale, the minority shareholder sell shares because it was cash poor is a secondary issue.

  9. Bush Tea Avatar
    Bush Tea

    @ balance
    There can be no question about the folly of selling majority ownership of the BNB. It was probably THE single most downright stupid thing that Arthur ever did….
    …it is like you selling control of your bank account to Bushie because you know that he rich. …..How long you think before you find out that Bushie is also a bully…? Then you may as well sell the remainder – cause Bushie will just be treating you like the mendicant that you are….

    It is complete madness to expect to exercise any serious control over local business development without an influential local financial institution to impact policy implementation.
    Our politicians are so stupid that they even hog-tied the Credit Unions – least they seek to perform that serious developmental role… LOL…and with brass bowls in charge of the credit unions, they have little problem with being pissed on….
    ….amazing…..

  10. balance Avatar
    balance

    “I know a senior UK bank director who stays at Sandy Lane once or twice a year and is keen to launch a bank in Barbados but the underdeveloped business environment is putting him off.”
    So you see now what you are saying but not accepting. The sandy lane visitor does not live here but he already understands that wicket is not suitable for those kinds of strokes. I gone too.

  11. balance Avatar
    balance

    David | March 4, 2014 at 6:45 AM |

    @balance

    “Your problem is that you see your job as having to ascribe blame. You are missing the point that Hal is making, it started with the sale, the minority shareholder sell shares because it was cash poor is a secondary issue.”

    Not at all no blame game am I ascribing. perhaps I am too blind or duncy to see the point which I must confess is not visible to me.

  12. balance Avatar
    balance

    “It is complete madness to expect to exercise any serious control over local business development without an influential local financial institution to impact policy implementation”
    Very impressive high sounding rhetoric Bushie which does not tell me and I am sure the ordinary customers anything. Banks run on profit not on philosophical utterances.. Tell me Bushie in its years of existence what control serious or otherwise did the BNB have over local business development and what influence did it exercise to impact policy implementation? Prior to takeover by the lazy trikidadians , much of the BNB business was fuelled bynostaligia, sort of carry over from the old savings bank mentality and not from service,

  13. Hal Austin Avatar
    Hal Austin

    Next time I am in Barbados I will run a seminar on the business of banking if there are any takers.

  14. David Avatar
    David

    @balance

    Because the former BNB was poorly managed until Greenige arrived it does not negate Hal’s Bush Tea point.

  15. Bush Tea Avatar
    Bush Tea

    @ balance
    If you really think that banks “run” on profit and not philosophy then it is pointless arguing with you ….
    Boss man, give Bushie control of your bank account …and your ass is mine…. You will jump when Bushie says to jump, and sit when Bushie says to sit…. Profit shiite….. That is a given. The person who controls the bank controls MUCH more than just profit…..
    …besides – do you know how many brilliant Bajans have gone to banks with “PROFIT guaranteed” ideas….only to see those ideas “originate” later from sources determined by the damn bank…? …..sometimes by imbeciles who are barely able to execute?

    Man sometimes you REALLY disappoint, what balance what ?! ….

    ….and in the specific case of BNB, your man Owen was consistent in his poor management decisions – much like putting the chicken feed man as supervisor of insurance and causing the CLICO mess….

    What the bank needed was a competent manager and professional leadership. Instead, he separated (and KEPT) the bad agricultural debt, – and then sold the profitable banking business to Trinis…..

    You should just retire from this debate with your tail safely between your legs…. before um get lick off… 🙂

  16. Hal Austin Avatar
    Hal Austin

    Why are banks’ accounting methods not the same as ordinary limited l;iability or equity-based companies?
    They are like unemployment figures in China – the only country in the world with full employment, out of 1.3bn people.

  17. Due Diligence Avatar
    Due Diligence

    “In the fullness of time” the sale of of BNB to the Trinis will seem insignificant.

    See article “Relationship stronger than ever” at

    http://www.barbadosadvocate.com/newsitem.asp?more=local&NewsID=35109

    “THE breadth of cooperation between Barbados and the People’s Republic of China is impressive and growing……………….

    Senator McClean highlighted that early on Sunday a delegation of 20 officials from the Government of Barbados and the private sector, led by the Chief Executive Officer of the Barbados Investment and Development Corporation, Dr. Leroy McClean, left for China.

    She explained that the delegation will participate in an inaugural seminar organised for Barbados, focusing on doing business in China. This seminar runs from March 5 – 25, during which time the delegation will meet with senior private and public sector leaders, participate in lectures and conferences and undertake a field trip to Fujian province in Southern China. The seminar will cover such topics as import and export procedures, investment promotion mechanisms and trade and Customs regulations.

    Also see “Cultural and educational exchanges to be enhanced” at

    http://www.barbadosadvocate.com/newsitem.asp?more=local&NewsID=35116

    “CHINESE ambassador to Barbados Her Excellency Wang Ke says one of her goals during her tenure is the vigorous promotion of cultural and educational exchanges with the aim to enhance mutual understanding between the two peoples.

    She also assures that the Chinese Government will continue rendering its support and assistance to Barbados, while encouraging Chinese people to visit and invest in Barbados, so as to contribute to the island and its people’s nation building endeavours……………

    The Ambassador also announced that there will be an increase of Chinese Government scholarships to Barbadian students starting from this year.

    Saying that it is her understanding that Barbadians are interested in learning Chinese, she pointed out that Chinese language classes are taught in UWI Cave Hill Campus and a learning and experiencing centre of Chinese language and culture namely the Confucius Institute is expected to be set up this year at that institution.”

    CHINESE ambassador to Barbados Her Excellency Wang Ke setting the trap.

    Senator McClean and Dr. McClean are falling into the trap.

    Had OAS not sold it to the Trinis, this government would have sold it to the Chinese in its efforts to deepen the relationship

    CHINADOS is coming soon.

  18. MoneyBrain Avatar
    MoneyBrain

    Unna realise that China has a Major shortage of WOMEN right?

  19. balance Avatar
    balance

    “You should just retire from this debate with your tail safely between your legs…. before um get lick off… 🙂 ”
    All what you say might be true but speculatively invoking Mr Arthur’s purported decision making sins which we all have into the debate to curry favour wouldn’t run me Bushie. Just tell me Bushie in its years of existence what control serious or otherwise did the BNB have over local business development and what influence did it exercise to impact policy implementation

  20. balance Avatar
    balance

    “Because the former BNB was poorly managed until Greenige arrived it does not negate Hal’s Bush Tea point”
    What are the points?

  21. David Avatar
    David

    “Because the former BNB was poorly managed until Greenige arrived it does not negate Hal’s Bush Tea point”
    What are the points?

    You love musical chairs dont you? Carryon.

  22. balance Avatar
    balance

    “You love musical chairs dont you? Carryon.”
    I intend to prove that your reasoning is flawed and a figment of your imagination.

  23. Bush Tea Avatar
    Bush Tea

    @ balance
    “I intend to prove that your reasoning is flawed and a figment of your imagination.”
    ++++++++++++++++
    You are failing miserably.
    Don’t you get it?….that the solution to BNB’s lack of meaningful impact on local business development and local enfranchisement was for then leadership to CORRECT THAT SITUATION…..not to throw away the baby with the shit…

    ….so if your son has not been doing his homework and playing the ass generally at school …….what? Do you ship him off to the neighbors in exchange for the money you had spent on him so far…?
    …or do YOU need to sort him out…?

    Take Bushie’s advice and drop this topic ….it is upsetting your balance….

  24. David Avatar
    David

    @Bushie

    What does Kenny Rodgers say? You have to know when to fold…lol.

  25. balance Avatar
    balance

    Don’t you get it?….that the solution to BNB’s lack of meaningful impact on local business development and local enfranchisement was for then leadership to CORRECT THAT SITUATION…..

    WHAT SITUATION? ANOTHER BLAND STATEMENT.

  26. millertheanunnaki Avatar
    millertheanunnaki

    @ balance | March 5, 2014 at 5:22 PM |

    Don’t allow that one-sided bushwhacker try to off-balance you in any way.
    You know exactly where he is heading with the same old blame game and living in the past. He seeks to put blame on the “then leadership” but refuses to ascribe ‘equitable’ blame to the current leadership which instead of resuscitating the same BNB acted as its terminator.

  27. Bush Tea Avatar
    Bush Tea

    @ balance
    How you mean what situation…?
    The damn situation where YOU said that the bank was ineffective in its developmental role when we OWNED and controlled it…….
    What bland statement what?!.

    @ Miller
    Bushie would have thought that by now, you would know better than to rush in where angels fear to thread…and where even the great balance looking for a way out… 🙂
    …you serious?……about Bushie “refuses to ascribe ‘equitable’ blame to the current leadership….”
    How the hell is it possible to blame these jokers any more….?

    BUT FAIR IS FAIR ( LOL Some damn body gotta provide some balance…)
    When you are left with MINORITY shares you are just a LACKY….you think Trickidadians easy…? Minority shareholders CANT decide one shiite….not even a fair selling price for the remaining shares….
    …a simple vote of directors or shareholders and your ass is grass….

    Once we were selling CONTROLLING interest, ..we could as well have sold the whole shiite one time.
    Only a complete mendicant LACKY would be shameless enough to admit that we were so INEPT when we ran the bank, that dividends from the minority share holdings exceeded profits when we held 100%. ……Wuh that is tantamount to admitting that you were a REALLY big brass bowl incompetent joker…..don’t you think…?

  28. millertheanunnaki Avatar
    millertheanunnaki

    @ Bush Tea | March 5, 2014 at 6:41 PM |
    “Once we were selling CONTROLLING interest, ..we could as well have sold the whole shiite one time.”

    So what was preventing the current ‘Leadership” from ‘renationalizing’ the whole entity instead of severing all ownership or controlling ties?
    Are you conveniently forgetting it is the same leadership who paid the same Trickidadians millions for Almond only to concoct plans to knock it down to borrow hundreds of millions to rebuild a brown elephant to give it to a Jamaican to feed on.

    According to you, they could as well close down the damn university on the Hill and turn it into a boot camp for the number of social deviants soon to be on the streets.

    BTW Bushie, you know what happened to the proceeds from the sale of the NIS shares in the BL&P? Probably down Maxwell pond to pay public sector workers to full their big guts instead of resuscitating the sugar industry or even ‘buying back’ majority ownership in the BNB.
    What a set of demented brass bowls, don’t you think?

  29. David Avatar
    David

    @Miller

    Your response is a reactive position and fails to accept that the original sale exposes a flawed position, the fact the current government has done nothing to check the approach is irrelevant if we are discussion the former BNB.

  30. Bush Tea Avatar
    Bush Tea

    @ Miller
    “So what was preventing the current ‘Leadership” from ‘renationalizing’ the whole entity….”
    ++++++++++++++
    You mekking sport right…?!
    …cause you can’t be serious!!…you think we talking bout monopoly or Wuh? Who the hell would EVER invest in Barbados again?

    The only option would have been to buy back the shares at whatever price the Trickidadians were willing to accept…
    …it is not hard to imagine what that price would be…

    Bushie offered an ideal solution then- and will suggest it again. What we should do is create another new bank, call it the “Second Bank of Barbados” and transfer all government business to this new bank….

    …and sell it to the Trickidadians next year too…if they want um…and create the “Third bank of Barbados”… 🙂

  31. millertheanunnaki Avatar
    millertheanunnaki

    @ David | March 5, 2014 at 7:14 PM |
    “..the fact the current government has done nothing to check the approach is irrelevant if we are discussion the former BNB.

    So how would a post-mortem that would reveal the cause of death (which is already known) assist the current business people unable to access financing through the traditional banks whose main interest is one of quick returns from the importation and selling business?

    Should we then be looking to establish a bank (Post Office type) along the lines proposed by Hal Austin or that proposed by Bushie along the Cooperative model with the credit unions as the driving force?

  32. balance Avatar
    balance

    “Should we then be looking to establish a bank (Post Office type) along the lines proposed by Hal Austin or that proposed by Bushie along the Cooperative model with the credit unions as the driving force?”

    Do not forget one is proposing that the thrust of the commercial bank be developmental and the other is proposing some wishy washy position relating to the exercising of serious control over local business development with a view to influencing policy implementation. Long ago Policies were implemented in the form of the establishment of institutions to support and encourage business development small and large, and they failed for whatever reason. So resurrecting such anachronistic ideas to discredit the sale of the majority shares of an indigenous institution and the giving away of the rest is at best myopic. Governments do not work. How long can cash strapped Governments continue to invest hard earned tax payers dollars in unsuccessful ventures because it is fashionable to do so. The history of the debt accumulated by the Barbados development bank and the Agricultural Credit bank and by whom makes interesting reading and is nothing short of scandalous. Furthermore, loans disbursed to kickstart ventures in the name of development which do not perform causes inflation because the freshly printed money injected into the economy through the borrowing businesses and/or individuals are not sufficiently profitable to keep up with repayments. When therefore borrowers get into trouble and through empathy, compassion or connection, the debts are “rolled over” “re-scheduled” or eventually “bailed out”, then the inflationary effect of lending is exacerbated to the detriment of all concerned. Developmental banking and commercial banking do not mix.

  33. balance Avatar
    balance

    “are not sufficiently profitable to keep up with repayments”
    should read – The freshly printed money injected into the economy through the borrowing businesses and/or individuals is not accompanied by the anticipated levels of production to render the borrowing agency sufficiently profitable to keep up with repayments.

  34. David Avatar
    David

    Barbados is probably one of the few countries in the world where there is NOT a vibrant indingenous banking sector.

  35. Bajan in NY Avatar
    Bajan in NY

    @ balance

    You are on point. Hal should read the histories of the Barbados Development Bank and the Agricultural Credit Bank and he might have a change of thought and withdraw his recommendation. A certain class of people in Barbados don’t believe loan from any institution connected to government should be repaid. In several cases it started with loans from the students revolving fund.

  36. David Avatar
    David

    And who does one blame for lending money go polical lackeys? Again a case of poor management.

  37. balance Avatar
    balance

    “And who does one blame for lending money go polical lackeys? Again a case of poor management”
    Its not a question of ascribing blame and furthermore identifying blame does not necessarily mean that having an indigenous bank would remedy the kinds of economic with which small economies are faced. The indigenous banks in St Vincent and the Grenadines and St Lucia are cases in points. Small economies do not have the wherewithal financial or otherwise to compete with or combat the financial and economic manipulation of the world’s financial systems when it suits the conspiratorial powers -that-be of the first world. We are but mere cogs in the wheel who are forced to beat to drums of the circumstances presented through the foisting of catchy cliches like downsizing or restructuring or globalisation down our throats which we adopt lock stock and barrel because of our powerlessness.

  38. David Avatar
    David

    @balance

    If indigenpus banks were to realise their full potential and organize themselves in a pan Caribbean relationship? This is a journey which will require vision and leadership. We are not there yet if we are to go along with your view. In fact if we accept your view there is no hope.

  39. balance Avatar
    balance

    “In fact if we accept your view there is no hope.”
    Where there is life, there is always hope my friend. For the Caribbean countries to ever realise their full potential would require a new system of Governance in the countries managed which opens the door for principled persons to contribute meaningfully to the affairs of governance without having to cow-tow to partisan political interests. Perhaps an indigenous Caribbean bank along the lines of the Eastern Caribbean bank with one currency with the availability of more capital arising from the pooling of resources might be worth looking at. The journey could continue with putting systems in place to ensure that resources in the caribbean are adequately and fairly distributed throughout the Caribbean to the benefit of each other with not one country hogging the show or everybody distributing the same thing. This is where the University technocrats would be called upon to showcase their skills with respect to population levels versus resources versus skills versus markets versus distribution. Combined, the Caribbean has a very significant and captive market whch if adequately shared can redound to the benefit of all in years to come. those who hath ears to hear, let them hear. Here endeth the lesson.

  40. Bush Tea Avatar
    Bush Tea

    @ Balance
    This is where the University technocrats would be called upon to showcase their skills with respect to population levels versus resources versus skills versus markets versus distribution. Combined, the Caribbean has a very significant and captive market whch if adequately shared can redound to the benefit of all in years to come. those who hath ears to hear, let them hear. Here endeth the lesson.
    ++++++++++++
    What a load of shiite…..you can’t even conceptualize how to run a local bank and talking crap bout a CSME entity….steupssss

    Man balance you just like Caswell with the AX matter…..Bushie try he best to help you – and you persist in damaging your reputation.

    The only organization, country, or even individual that has ever succeeded without control of their monetary resources has been children and prostitutes.

    The VERY FIRST thing that ANY adult does is to establish a bank account, under their own control, in order to focus their resources – be they savings, loans, overdraft facilities, ….in support of their own personal goals and objectives.

    Shiite man….what could be more simple that that?

    Anytime that a FOREIGNER is in control of your banking priorities you have lost control of your dreams and goals….
    Why do you think that ALL politicians have ALWAYS talked about enfranchisement of black Bajans …and it continues to elude us?
    …because the BANKERS have different propiorities…

    Why do you think that the people’s who managed to get themselves “enfranchised” are mostly white and now Trickidadians…?
    Look and see who the bankers are….

    If you, Arthur and Miller (as well as the current set of jackasses) cannot see how it is possible to properly manage and control a bank successfully, then why not just admit that wunna are a bunch of incompetent brass bowls who should NEVER have been given such national responsibility in the first place…?

    …the gall …to admit that a man like LeHunte can come here and run a bank successfully while you, Arthur and Miller continue to argue that it can’t be done by Bajans…
    Wuh LeHunte could even tie Bushie shoelaces…?

    Shame on you balance…

  41. balance Avatar
    balance

    Bushie my grandmother always said it tek a thief to know a thief so perhaps you assume that I am writing shite because you have been writing shite for some time now. that said Bushie when the issue was raised, it was not about running banks successfully; it was about the objectives of the bank re in Hal’s lawed view developmental purposes and in your case a load of unattainable shite about exercising serious control over local business development without an influential local financial institution to impact policy implementation whatever that means. and you got the gall to be talking about shite. That is why the economy is in so much trouble. People want to apply bread and fish measures to serious macro-economic problems. Bushie it is all about substance and the end results not fashion. Not even our own indigenous Central bank can exercise control over the foreign banks. Go and sin no more.

  42. ac Avatar
    ac

    Why u BT shaming balance………he .has advanced an argument and well propagted view by u the govts incompetance in the running of the business affairs of a country . which has lead to the failures of CLIco and tne closure of BNB…..he also has argued (to your credit)your well pronunce and held view that (we) are a country of brass bowls

  43. Yagga Rowe Avatar
    Yagga Rowe

    The individual -Bush Tea
    His/Her comments make me angry

    Bush Tea gets me angry then
    Bush Tea needs to stop

  44. Hal Austin Avatar
    Hal Austin

    @ Balance
    I know I promised to leave this discussion, since it is generally uninformative. But plse do not misinterpret what I have said. I have not mentioned anything about ‘developmental’. That is your interpretation.
    The main reason for the creation of commercial banks is to lend to businesses and households. They modus operandi is to borrow short and lend long.
    Ifg banks are not lending then they are not doing their job; it is this lending that funds businesses, in particular small businesses, the big job creators, and households ie mortgages.
    If we have foreign-owned banks, when making policy who do they respond to? Head office, or the local market conditions?
    Further, if the central bank is the lender of last resort and our banks (whether subsidiaries or branches) are owned by foreigners (Trinidadians, Canadians and Americans) then in fact our central bank, ie local taxpayers, are obliged to rescue a failing foreign-owned bank. Do you want that?
    If not, then what use is our bank supervisor and regulator (one and the same institution, the central bank)?
    The governor of our central bank is on record as singing the praises of Canadian banking regulation.
    This is a moral hazard which is never discussed because they people responsible do not understand banking regulation.
    i am not suggesting that banks are their to fund government policy. What I am saying is that if banks are not lending the regulator should intervene.

  45. ac Avatar
    ac

    No matter how this issue is formulated ..balance is on point…..we do not have a system of goverance that can police itself and until then we have to rely on outside interest .. How sad…

  46. Yagga Rowe Avatar
    Yagga Rowe

    It is amazing how people
    even people like Hal Austin
    get the words their. there , they mixed
    O dear what can the matter be
    Hal is caught like a deer in headlights
    Please don’t dare me; you might like it–my reaction that is

    —–=================================——————————————
    Yaaaaaaaaaaaaaaaaaaaagga !!

  47. millertheanunnaki Avatar
    millertheanunnaki

    @ Bush Tea | March 6, 2014 at 8:49 AM |
    “…the gall …to admit that a man like LeHunte can come here and run a bank successfully while you, Arthur and Miller continue to argue that it can’t be done by Bajans…”

    Man Bushie, why are you so keen to misrepresent the miller?
    Wasn’t your Cooperative Bank owned and managed by Bajans (excluding politicians) suggested as an alternative to the BNB?

    Don’t you think if Le Hunte was appointed to run the local Transport Board (instead of the politically appointed brass bowl holding the post) it would not be at the cliff of bankruptcy?

    Listen Bushie, the problem is not about Bajans running things it is about politicians controlling commercially oriented enterprises.
    One way of getting rid of that kind of partisan political involvement and ensuing incompetence is to privatize as many as those enterprises as possible even if government is allowed to own “minority’ shares or allowed to exercise some kind of regulatory authority over them. That is all Bushie, that is all!

  48. Gabriel Avatar
    Gabriel

    And Miller the same can be said for BWIA,CAL,LIAT,Air Jamaica,Guyana Airways Corporation and the list goes on………NCC,NIS,TB,NHC,SSA,BWA

  49. David Avatar
    David

    @Hal

    Correct and we all know Canadian banks dominate in Barbados because of the heavy concentration of Canadian investment said to be one of the highest in the world.

  50. Bush Tea Avatar
    Bush Tea

    LOL @ balance
    Man you is a real sap…
    Bushie barely put a little pressure on you to see what sort of mettle you made of …and you gone running to ac for assistance….?
    Bare boo den…

    …and talking bout how Bushie does talk shiite….LOL….BOSS… that is what bushmen do best… 🙂

    But Bushie will do you a favour and drop that topic….and also ease up the anti- balance pressure for now….
    ….cause ONIONS IS BACK,

    ….now THERE is a fellow that can hold he licks….
    Lol
    Ha Ha

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