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Jeff Cumberbatch - Chairman of the FTC and Deputy Dean, Law Faculty, UWI, Cave Hill
Jeff Cumberbatch – Chairman of the FTC and Deputy Dean, Law Faculty, UWI, Cave Hill

They say we gone down de drain,

They say no more could we see happy times again

……………………………………………….

Now is the time to show we patriotism…

We could make it if we try– Black Stalin

Some of the lyrics from the calypso, “We could (sic) make it if we try” performed by Black Stalin as long ago as 1988, have been running through my mind for most of last week, and it is not because, as some wag will be sure to observe, that there is nothing or very little there to impede its progress. Rather, it is because it is eminently possible for me to identify with the sentiments of Stalin’s effort, both as to the comparative direness of our economic situation and the optimistic but simple strategy offered in the hook line that we can make it if (only) we try.

Stalin sings –

Now we country facing its darkest hour,

So our people needs us today more than ever,

But in our fight to recover, if ever you feel to surrender,

It have one little thing I want you always remember

We could make if we try just a little harder…

Our darkest hour would have somehow become even darker still, if that were at all possible, with the news yesterday that the rating agency, Standard & Poor’s had further downgraded the island’s sovereign credit rating from a barely mediocre B- to a lowly CCC+, thereby reducing our bonds to a status below that of junk. And the Ministry of Finance has tried to take this “gentlemanly” mark in stride, attributing it to the challenges posed by our low foreign reserves levels, and declaring itself expectant of an imminent improvement in these and a concomitant diminution of the fiscal deficit. In other words, we will do better next time.

Regrettably perhaps, I am not to be listed among those who consider that the sole answer to our current predicament is to march in protest against the governing administration or even to inveigh for Prime Minister Stuart to advise the Governor General to dissolve the current Parliament and to issue a writ returnable within ninety days for a general election. While this latter initiative would doubtless please some of the contributors to the Brass Tacks talk show, some bloggerati and a growing number of others no end, the more critical mind is driven to contemplate whether this would not amount in effect in that colourful phrase, “ to shifting deck chairs on the Titanic” even as the iceberg of our midnight draws ominously closer. I digress however.

It is here that we might take comfort from Stalin’s lyrics and resolve to at least “try a t’ing”. While our problem might be economic in nature, I am not at all persuaded that the solution lies solely in that discipline, although I make haste to aver that I have no economic training of any kind. A lifetime of learning convinces me, however, that the optimal answer is rarely to be found in one perspective only. Nor, to my mind, is the most effective solution a political one, at least not as politics are traditionally practised in Barbados with a heavy reliance on partisanship; when it has for long been clear that neither side of the customary local political divide has all the answers to our current asperity.

One clear answer would seem to be for the state to engage the minds of all those committed to a soonest improvement in our fortunes; a thesis that would, however, recklessly drive a ZR van through the hoary and crowded streets of local political division. Just look at the consternation that the mere floating of a suggestion that the experienced economic counsel of former Prime Minister Owen Arthur should be resourced to assist the current governing administration in finding a solution to the contemporary morass has evoked among some Barbadians.

The attempt to engage the Cabinet, members of the Social Partnership and other officials in discussion on the matter yesterday (Friday) is of the same laudable order, although I must confess my disappointment at not noticing any members of the so-called alternative government, the Opposition, in attendance. If they were not invited, this would have been a regrettable oversight and a missed opportunity by Government to demonstrate forcefully the collective nature of the existing struggle. If they were in fact invited and failed to attend, then this is equally regrettable on their part, serves as a testament of the unhelpfulness of partisanship in the current context and, perhaps, reveals the true nature of the beast that we will first have to overcome.

Any advance towards bipartisanship or, preferably, non-partisanship in our political context will require first a massive re-education of the local electorate. Indeed, some will argue, not without some cogency, that we may need also to reform the current constitutional praxis that reduces the local formulation of public policy to be a matter for no one else save a hand-picked Cabinet and members of one political group.

I am aware as any that this reformation will require a shifting of the basic norm of our constitutional ethos. This does not come easily, especially since it would require the very authority with the power to alter the existing order to engage in an act of self-destruction. Hence, one of the more effective modes of effecting this shifting is a successful revolution or an overthrow of the constitution itself.

No sane national would seriously advocate this for Barbados at this time and the national psyche would, most assuredly, boggle at this possibility. Nevertheless, as we face our metaphorically darkest hour, traditional thinking will cut little ice. Hence, the logical necessity for a third way that will commit to a renaissance of the Barbadian socio-political compact. Alas, none of those groups that has so far raised a head above the parapet appears to want to do other than to fill the vacuum left by the traditional duopoly.

There is, however, another pertinent adage in which we may take some comfort at this time. The darkest hour, I have been told, comes always just before dawn.


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160 responses to “The Jeff Cumberbatch Column – Our Darkest Hour”

  1. fortyacresandamule Avatar
    fortyacresandamule

    @Angella. The IMF programme recommendation will be: 1) Devaluation. 2) Sell loss-making government entities. 3) Pension reform. 4) Wages and salaries no greater than 9% of GDP .5) Reschedule the domestic debt, even a reduce interest rate is not out of the question.Those and many more reforms of the whole system. Example, tax reform. The quality of life we now enjoy doesn’t match our productivity, output, economic diversity, and sophistication . It’s all a farce.


  2. Forget Hal and Carl. They do not know which anonymice to ignore or acknowledge.

    With real names the could go into their classic Barbados BS, apply some kind of ranking, ignore the hoi polloi and talk to just the busnessmen and political class. I seem to recall a veiled threat from one of these two known mice.

    Unable to apply their social ranking, they are afraid that they are mixing with some from the lower class. Let them stew in their misery.

  3. Vincent Haynes Avatar
    Vincent Haynes

    Caswell Franklyn March 5, 2017 at 4:09 PM #

    The value of a politician is not based on morals but on their ability to win at all costs which is why the master politician has the country suffering in order for him to put some plan in place to give him his 3rd victory………simply stating facts and if you reread your post you will see that you have supported my view.


  4. @ Mr Cumberbatch

    I said that i would go back to your substantive topic heheheheheh

    For a non partisan Movement to work in Barbados you will, among other enabling environments, need the following elements.

    (a).A different construct & Pact with the people

    (b).A track record

    (c).3 Clear Deliverables for short term / medium and long term

    and

    (d). a champion which would have a tripartite thrust Leader, deputy and ***

    We, the People, that this Alternative Movement will represent, need to win at least 9 seats and at best 24 (for the obvious constitutional changes)

    The things one should run on in addition to the FOI, ITAL are the promise to lock up former ministers and The Power of Recall

    I would do a combination of a few things per the people that I would be choosing.

    I want experience and integrity to be foremost in their selection. They must have been in the trenches for me to build their virtual and hardcopy profiles in addition to which, their community links must be strong.

    Off the top of my head I can think of 10 people

    There are two critical elements that i would incorporate in this mechanism to address (a) the issue of apathy and (b) international community perceptions and confidence

    As to the issue of the reduction of the public service, should such be necessitated in the short term I would do *** and ***

    And I would do *** to address the attrition

    Ergo the inclusion of ***

    As it relates to Mugabe all that is required is to secure a copy of the Profile which the Economic/Political Officer of the Embassy of the United States has.

    US is preferable to the UK and Canada because those countries do not deal in as sophisticated a collection requirement as the USof A

    Such a report can be secured through *** and will give insights to ***

    @ Vincent

    Regarding your question about pay, since you are working for Mottley whatever you propose to be paid, make sure that you ge your money up front


  5. Peter Wickham took a pot shot at Arthur today.He thinks Arthur should both put up and shut up.He didn’t say it but he’s clearly thinking Once Arthur got a voice Mia will lose her chance at Bay St.Another thing Kaymar is a constituent of Arthur and gave him a platform to air his incisive comments on the economy,on the BLP,on Mia,on Cynthia,on the idyut Prescod,on
    and on Sinckler.Is Colin Jordan related to Kaymar Jordan?


  6. Gabriel,

    It is clear to me that she abandons her journalistic objectivity when it comes to Owen Arthur and Donville Inniss.
    Since neither has anything intellectually or in terms of policy to contribute, it is my view that it is simply a PR person.

  7. millertheanunnaki Avatar
    millertheanunnaki

    @ DavidMarch 5, 2017 at 2:23 PM
    “The idea of collateral damage will lead to panic for Barbadians. They have been living the easy life on the back of easy credit which has led to a feeling of entitlement. It will make it hard to swallow the bitter medicine.”

    And it is precisely because of what you have just posited that Devaluation is being recommended as the most efficient course of cure at this perilous stage on the alter of economic sacrifice.

    The biggest casualty in the coming economic meltdown would be that pseudo middleclass living in the dream world of pollyanna and who have co-opted that title not because of any productive and measurable contribution, whether economic or cultural ,to the advancement of the society but through some false entitlement based on possessions of academic certification produced primarily by that paper mill on the Hill and its associated larger production plants in the region.

    When the devaluation cat is thrown among the unproductively obese chickens we will see if this chatterati of parasites (so-called middleclass) is really worth its burdensome weight in tax payers’ gold.

    The current administration has procrastinated (since December 2013) in their promised commitment to keep the ‘domesticated’ mongoose away from the chicken coop while labouring under the false notion that the Bajan dollar is the currency of God’s realm and wishful prayers would result in manna from heaven to protect this middle class (making up the officers in the army of occupation) from the brutal onslaught of international economic realties and consequential adjustments.

    But one thing Barbados has going for it (still).

    Not mountains or mineral mines but ‘largely’ still cultivable tracts of once fine arable land reminiscent of the English country side kissed by the Caribbean sunshine.

    What a nice retributive circle of life it would be to see this dispossessed and denuded middleclass back to their simple place of origin as presciently foreseen by their own kind, the primate dressed in black and hiding behind the Marchfield hedgerow with a “Collins” in one hand and the “Complete Works of Shakespeare” in the other.

  8. Vincent Haynes Avatar
    Vincent Haynes

    Piece

    Cuddear….yuh tell muh a wukking fuh MAM an ah shud git blenza,ah did axe yuh tuh teh muh how muchhe OSA payin yuh an effen duh fancie cunputer gizmos did cum wid it.

    Ah did mek a slip bout yuh belongs tuh Solutions…..we still buddies so yuh cyan tell muh in brackets hea…..hehehehe

  9. millertheanunnaki Avatar
    millertheanunnaki

    @Hal AustinMarch 5, 2017 at 4:08 PM
    “That’s fine. If you have any information that will make a good story plse send it to me. We have publications in the UK that will snap it up. I know all kinds of people say they have information, but they usually fail to deliver.”

    How about the story where a broke government is running after small shop-keepers (lie your old papa) for not paying their liquor (shop) licence and locking up young men for a spliff (while a man that imported ‘condemned’ chicken meat remains anonymous) but cannot go after the man Greenverbs that owes the Treasury both VAT and income tax on that undeclared $3.3 million in ‘gratuitous’ income?

    You don’t need to protect your anonymous sources on this one. The forensic report supports the payment to the known electoral financier to both political parties.

    Walter Blackie has grassed on the same Greenverbs and can testify in the BU court of law on this occasion unless he has been bought out like a true politically tainted snitch.


  10. Jethro,

    I am lost. My papa died many moons ago and never had a shop with a liquor license. The rest of what you are saying is just gossip. Is this fake news?
    Imported chicken is always dodgy. |It is often pumped with water, washed in chlorine and if it is from China, Brazil or Holland then most likely to be unfit for human consumption. The lesson is do not buy chicken from fasts food restaurants.
    If you have information plse send it to me. .

  11. Caswell Franklyn Avatar
    Caswell Franklyn

    Hal

    I now see why you have a problem with Kaymar; she ignored you and hurt your feelings. Maybe, you thought that the FT was the cat’s meow, apparently she did not. Get over it!

    Sent from my iPad

  12. angela Skeete Avatar

    Question ??? What on the earth is Peter Wickham doing on a forum where the discussion is about economics. How on earth does David Ellis expect anyone to take his forum seriously when he entertains the political discussions by yardfowl Peter Wickham views on a forum about economics


  13. Caswell,

    Your perceptions have let you down. I am just commenting on the discussion we had some time ago about freedom of the press and free speech. It makes my point beautifully.
    I am more hurt that she is, in my view, the PR for Owen Arthur, who has nothing to contribute to Barbadian public life. I am opposed to the Barbadian consensus on economic policy. I think it is out of date and wrong.
    I do not work at the FT or have a brief for it..

  14. Well Well & Consequences Observing Blogger Avatar
    Well Well & Consequences Observing Blogger

    Hal…that shipped has already aile CGI and Peter Harris have been effectively ealt with in the last 3 years, any documentation derived from those years of investigations of CGI Insurance, upon permission..will first be released to BU, then to other bligs regionally and internationally.

    First the investigative work had to be done, the crap exposed, then permission sought to release any documents to the blog or newspaperss…you know the drill.

    There are no journalists in Barbados capable of doing what was already done and Hal you were not capable of getting the required information on CGI Insurance,.

  15. Well Well & Consequences Observing Blogger Avatar
    Well Well & Consequences Observing Blogger

    Hal…that shipped has already sailed CGI and Peter Harris have been effectively dealt with in the last 3 years and not only by one or 2 individuals, several individuals did what was necessary.


  16. @ David

    “local intelligentsia to lead”

    I’m at a LOSS about whom you speak, are they political, the media, the church, the entrepreneurs, the bus drivers or the ZR drivers. It would appear these “intelligentsia” are a rare bird or is it they are extinct in Barb(n)ados.


  17. Hal can’t stand Owen.Kaymar give Owen a platform.Now Hal can’t stand Kaymar either.Bajans have been saying for years that West Indians living in England return to Barbados madasass.Just saying.


  18. @Wily

    The citizens, the citizens.


  19. @David

    “Citizens” – are you suggesting a REVOLT, UPRISING, DICTATORSHIP etc. as the present Westminster System is obviously not working and will not work with the present level’s of inefficiencies, corruption, leadership etc.


  20. @Wily

    The citizens will have to rise up in some form. It is the only way the establishment will be moved.

    It must start with leadership.

  21. millertheanunnaki Avatar
    millertheanunnaki

    @ Hal AustinMarch 5, 2017 at 5:35 PM

    Hal, wasn’t it you who once said that one of your parents (from the Ivy) had an establishment on Nelson Street?

    Well, if it was not a bar (dispenser of spirits of the intoxicating kind) it would have to a whore house of the entertaining kind.

    BTW, it was Walter Blackie who confirmed that the payments made to Greenverbs as confirmed by the JM forensic report should be subject to both VAT at the Thompson Laundry end and income tax via a corporation owned by the same leper Greenverbs.

    Now you have the ‘true’ facts you can run with them to the editor of any rag sheet in the UK.
    For sure the Bajan Today functioning as OSA’s PR firm will not publish such shit as rumour.


  22. @ angela Skeete March 5, 2017 at 7:34 PM #

    “interesting times ahead”

    I doubt that Barbados would fall into this scenario because of the following requirement “The only countries that may apply are those who are actively sworn to implement and support Sustainable Development.”, this alone would rule out Barbados.

  23. Caswell Franklyn Avatar
    Caswell Franklyn

    Jeff referred to Stalin but I am dedicating the link below to Freundel:

    https://youtu.be/3gYJNfZxPvI

    Sent from my iPad

  24. Well Well & Consequences Observing Blogger Avatar
    Well Well & Consequences Observing Blogger

    The island is 2 levels away from default brought on by Fruendel and his Fools, yet they still lie to the people…..this can only be described as psychotic behavior, when they still got the neerve to believe they will be reelected even with their worried looking faces, worried only for those paychecks funded by taxpayers, that they are yet to earn.


  25. I have always thought that the millions Guyana owes Barbados from 1984?when the Caricom Multilateral Facility collapsed leaving Barbados holding the bag with over 180 million in receivables,that that debt should have been used to purchase a few million acres of land in Guyana.

  26. angela Skeete Avatar

    and yes the bahamas too

    http://www.commondreams.org/newswire/2016/12/23/bahamas-another-victim-caribbean-debt-crisis

    looking good for these international lending agencies who would make a mint off these small island debited nations as high interest accumulates

  27. Caswell Franklyn Avatar
    Caswell Franklyn

    I’m in the calypso mood as I dedicate the following link to Freundel:

    https://youtu.be/tgWrWFHCXL0

    Sent from my iPad


  28. Barbados fuh cup… fuh real


  29. Is a part of this problem the fact that all these islands are dependent on trickle down economics. All expecting a few dollars to trickle down from tourists pockets. When the going get rough, the tourists disappear and the economies are all in shambles.

    A third party must have diversification of the economy as a part of its strategy.


  30. Miller,

    No. My paternal grandparents owned a rum shop and bakery in Nelson Street. Not my father. My mother owned a rum shop in the Ivy. Both are now dead, sadly.

  31. Well Well & Consequences Observing Blogger Avatar
    Well Well & Consequences Observing Blogger

    A cockup of massive proportions…Caswell

    Fruendel already planted and dedicated a pitchfork to himself, he will be remembered as the incompetent prime minister who spent millions of taxpayer’s money burying a pitchfork instead of thousands to replace diffusers on the sewage system to prevent the various shitbombs flooding the island…..that will be legendary, but him and his goats will go down in history for bringing the island to economic disaster.

    “Former minister in the Ministry of Finance in Trinidad and Tobago, Mariano Browne, said with Barbados’ credit rating now comparable to Venezuela’s, measures to correct the situation “at this stage will be slow”.

    Stressing that “this is not a five-year exercise . . . [or] a two-year exercise; this is a ten- to 15-year exercise”, the former chief executive officer of the Bank of Butterfield in Barbados said on Starcom Network’s radio call-in programme Brass Tacks Sunday: “The real problem here is a crisis of leadership. You have to toe the line and that has assured that
    the party has fewer options.” (GE)

    Please read the full story in today’s Daily Nation, or in the eNATION edition.
    – See more at: http://www.nationnews.com/nationnews/news/94273/haul#sthash.b2srL0nI.dpuf

  32. charles skeete Avatar
    charles skeete

    “As the Minister of Finance said; we intend to earn our foreign exchange and not borrow; even if we could, to incur more debt. This to my mind is the best option.”

    Methinks pathetic is too mild a word to describe you and your commentary.

  33. angela Skeete Avatar

    Yesterday brass stacks had a so called program about barbados economy and right out of the box are economist whose islands economic has tanked several times over having debt restucturing programs that have kept them diggng deeper holes and austerity programs that have shaken their country social economic performance and have not helped by way of adding any gains to the country growth that is Jamaica of who i referenced
    Then there is Trinidad who has a treasure troff of resources in oil wealth and whose debt surpasses barbados by 5billion dollars and whose credit rating has tanked
    Brass attacks aporoach to one of highlting barbados problems by.economist whose countries problems are in worse condition under the guise of lessons learned is laughable
    Wheel and come again David Ellis brass stacks sucks


  34. angela Skeete March 6, 2017 at 8:59 AM #

    What exactly are you saying?


  35. i am saying brasstacks exbibits the kind of rheteoric one would hear on fox news.instead of opting to find economist who can give a balanced view of the causes and reasons behind carribbean nation debt brasstacks reach out to a bunch of losers whose eco nomies have tanked and for various reasons some of which have factors attributed to their own failures


  36. Angela,

    That is Barbadian journalism. Missing are key concepts such as objectivity, balance, impartiality and the right of reply.
    It I the politicisation of discourse, and the people now come to expect it. Sensible people do not even see the need for balance.
    It fits the US model: which interpret balance and objectivity across titles and programmes, while in the European model is that balance, right of reply, balance, etc must be embedded in the story.
    Different media cultures.

  37. Vincent Haynes Avatar

    Chuckle……Govt operatives are amazing….just look at this statement….

    instead of opting to find economist who can give a balanced view of the causes and reasons behind carribbean nation debt

    I wonder if this answer from international economist will help…

    charles skeete March 6, 2017 at 5:15 AM #

    “As the Minister of Finance said; we intend to earn our foreign exchange and not borrow; even if we could, to incur more debt. This to my mind is the best option.”

    Methinks pathetic is too mild a word to describe you and your commentary.

    ……………………………………………………………………………………………………………………….

    I wonder where such a creature can be found that is willing to endorse this govts actions on its debt crisis.

  38. angela Skeete Avatar

    Exactly Hal. With all the resources Jamaica had it is inconceivable that there lessons would be of relevance to any help to barbados coupled with elected corrupt govts over the years and civil unrest.
    Barbados problem is unique because most of its policies are driven with an inheritant desire to protect the social fringes of an entire population which it can no longer afford.
    Hence barbados debt would continue to spiral out of control until govt accept and recognize that some social programs it must give some of the burden to those who can afford and stop living in a world of pretense that these programs are sacred cows and should not be touch
    Also what is anazing is that Ellis never asked the spokesperson for Jamaica how much balance of payment they still have and how many years jamaica with the help of Imf has been trying to lower their trillion dollar debt

  39. millertheanunnaki Avatar
    millertheanunnaki

    @ angela SkeeteMarch 6, 2017 at 1:11 PM
    “Barbados problem is unique because most of its policies are driven with an inheritant desire to protect the social fringes of an entire population which it can no longer afford.”

    You mean like constructing houses that are both u occupied and unaffordable in order to make a few politicians and elections financial backers rich and richer?

    You also mean the non-functioning constituency councils and the garrison-type rotten borough taxpayers’ funded football tournaments?

    Can you see from where some of the national debt can be ‘culled’?

  40. Vincent Haynes Avatar
    Vincent Haynes

    millertheanunnaki March 6, 2017 at 1:42 PM #

    ….then we had the year long pitch fork celebrations,overseas conferences that we hear nothing about,statuatory entities that are making the nipples very sore,overseas offices that achieve nothing,etc,etc

  41. angela Skeete Avatar

    Sir real estate is not a bad investment .All the other things that you present as nonessentials plays important roles in the development of youth . These non essentials provide safety nets and are used as directives to guide the youth on positive pathways


  42. The housing problem in Barbados is one of supply, not demand. We also waste space. We use up more land on building unnecessary roads, then proper housing. Just look at the development in Parish Land, little individual box houses, when occupancy should be multiples that per acre.
    My old favourite is the rejuvenation of the City, a slum area that has not changed much since the slaves rushed from the plantations at the abolition.
    We take it as normal four generations of a family living under the same roof; that is not normal. The growing number of young, professional people (all those graduates coming out of Cave Hill) want to enjoy a middle class lifestyle, including a decent home.
    Young doctors, lawyers, teachers, accountant etc do not want to live at home with their parents and siblings in the same rooms they have been in since their teenage years.
    The property developers all want government contracts since it is the easiest way to become super-wealthy. Proper social planning is the weak spot in our policy-making.


  43. Safety nets Angela?With all the gunplay at football?Even Froon had to take cover at Valerie when he almost got caught in crossfire.

  44. angela Skeete Avatar

    Hear OSA touting that the restructing of barbados debt will be a gain for loweing the interest rate .but does not states that the principal takes longer to be paid off
    .also added to the equation of spiking oil prices which would impact govt expenditure which will increase debt and factors attributed to another global meltdown.
    Taking OSA route means taking a high risk of govt having to do like Jamaica and stay in a fourty year IMF program trying to save face by keeping creditors of govt backs a safety valve which chips away at the poor and rewatd the big financial institutions


  45. You are clueless about what you are commenting.

    Do you know this government attempted to reshedule debt by floating a bond last year and had to withdraw from the market because there were no takers?

    #clueless
    #yardfowl

  46. angela Skeete Avatar

    That does not mean that barbados should slide down the same rabbit trap as Jamaica who has yet to pay off the principle of their debt after years of being in an IMF program coupled with strenuous programs with no end in sight and still not having sufficient growth to stymied a path towards progress which most certainly without growth jamaica would be like a gerbal keep spinning its wheels


  47. Vincent@mar 5th 4.09p
    Where you got the story that Stuart survived palace coups to maintain his position of primus inter pares.What palace coups what! It was another example of the man responsible for the ministry of finance Chris misunderstanding the requirement enshrined in the rule which says…..the member most likely to command a majority of members of the House.Chris in his fuzzy math decided that 11 out of 16 is a majority and went up to Pilgrim House,not once,not twice but more that three times in so much that the former GG threw in the sponge and retired.Then he tried with the replacement and he talk to them in french,a language most of them are familiar with as it is the language of brassbowls and wild boys and that is when they realized that he would have had to come with 15 more rather than the 10 he had.Then to make matters worse he swore to Kaymar that he does not ever want to be primus atall,atall.

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