animalfarmHere we go round the mulberry bush,

The mulberry bush,
The mulberry bush.
Here we go round the mulberry bush
So early in the morning.

Here We Go Round the Mulberry Bush

In recent days members of the BU household was given reason to pause and reflect on the state of affairs of the country. It is a matter of fact that both the economic and social wellbeing of a 166 square mile island – renown for punching above its weight – has been relegated in the last eight years. They are those who will translate an obvious observation by ascribing labels like doom and gloomer, unpatriotic and the like. It explains why there is the term ‘pushing ones head in the sand’.

When BU started the Tales from the Courts series in 2012 to highlight the fact that our judiciary was failing to deliver justice, many on this blog and in the traditional media rubbished our view. It is now routine to read the editorials in the traditional media lamenting the state of the judiciary.

How about the public debate during the Arthur regime about corruption in high office. BU lead the revelations about 3S SRL, a company incorporated to construct flyovers along the ABC Highway. Although some will struggle to remember the name Danos, the BU archive serves to remind. Another transaction, all local, is the Hardwood affair. Today’s version of 3S SRL and Hardwood is Cahill Energy and the GROTTO.

One does not have to be prolix to understand events playing out in Barbados in 2016. Have a read of the enduring classic novel Animal Farm. For those who are challenged to comprehend the written word, repeat after David.

Here we go round the mulberry bush,
The mulberry bush,
The mulberry bush.
Here we go round the mulberry bush
So early in the morning

The Auditor General reports year after year about the blatant abuse of government’s financial rules. Successive governments (BLP and DLP) have frustrated the mandate of the most important working committee of parliament, the Public Accounts Committee.  Why is this committee important? It is the check and balance embedded in our system of government to hold government and public officials accountable. Like the consternation generated post 11+ examination results, we have to suffer the same chatter when the Accountant General releases his annual report.

There is the saying “a rising tide lifts all boats“.

The price of oil has fallen significantly since 2008/9 when it pushed up to $150.00. All import configured economies, including Barbados, have obviously benefited from the stress on the foreign reserves.  The bounce in the global economy  – especially in our key source markets for tourism – has resulted in a significant number of tourists visiting the Caribbean. Despite these two favourable external conditions the fiscal condition of the Barbados economy remains in a perilously state. The fluff job staged by the Central Bank of Barbados on Thursday night merits no comment.

The 60% of Barbadians eligible to vote want to know when. Until then we wait until Napoleon takes over from Snowball.

60 responses to “Life on the Animal Farm”


  1. The essence of the funny lecture last Friday on “Trying to Succeed in a Failed System” was: “The Keynesian economists advocate deficit spending by Government on infrastructural projects that are labour intensive to stimulate employment” (ref. BB Advocate). So, the big spending since 2008 was on infrastructure? Which pothole exactly? I cannot see any relevant improvement. And: Are there any international examples that deficit spending could improve the situation? Japan, Greece? All failed examples! Simple ask yourself the question: Why should investors in the far North pay for the failed public service here, public buildings looking like palaces and workers relaxing the whole week?

    The lecturer also complained about the “rigged” financial and rating system. Well, weren´t the rules for this game clear ever since? And: Any concrete solutions? Wouldn´t it be better to improve efficiency and work ethic instead of whining like a child?


  2. @bajans

    Adverts for junk bonds can trigger liability for investment fraud. The PM and Dr No are really, really very bold to do that in Canada. If something goes wrong, they could get nailed in Canada, since they praised their bonds in Canada.

  3. Well Well & Consequences Avatar
    Well Well & Consequences

    We want them to get nailed in Canada or the USA…then we can be sure they will be well nailed.


  4. They can’t sell bonds in Canada, they can advise on how to obtain the bonds but they can’t take funds for purchase of bonds.

    The topic of the Presentation in TO is “Recent Economic Development and Prospects for Investment & Growth”.


  5. @Sargeant

    In some instances, even a mere advert can trigger liability (“prospectus liability”). Know that for sure. They really should be very, very careful, given the rating of Barbadian bonds. I talk about personal liability: house away, Mercedes away, yacht away, Swiss bank account away, girlfriend away. Anything forgotten what is important for male Dems?

  6. Well Well & Consequences Avatar
    Well Well & Consequences

    I like thr lame duck Fruendel…lol

    This is the time when they are vulnerable and desperate, looking to help not the people who pay their salaries, but the local crooks, now they will make mistakes.

    If they know what’s good for them they will cut all ties with the Cows, Bizzys, Maloneys, Bjerkhams, Harris, Parris, etc….do not give any of them taxpayer funded contracts…or they can continue keep up the corruption and pay the heavy price.

  7. Well Well & Consequences Avatar
    Well Well & Consequences

    http://www.barbadostoday.bb/2016/09/13/heritage-chairman-staying-clear-of-hyatt/

    The law breaker Maloney was apparently told by Inniss that his 15 storey Hyatt fantasy on Browne’s beach was a cakewalk, apparently the reality is quite different.

    So…..where is Maloney getting the money, I hope Inniss did not tell tge law breaker that taxpayer and pension funds are available to him ala 4 Seasons scam…..as these weak politicians are known to do, give away what does not belong to them.


  8. Sargeant September 12, 2016 at 9:52 PM #

    “The topic of the Presentation in TO is “Recent Economic Development and Prospects for Investment & Growth”.

    Hope you will attend the TO Presentation and report to BU.


  9. Bajans

    re Yours of September 10, 2016 at 7:40 PM

    Were you able to attend the Guv’s Ottawa presentation – how was his pitch received?

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