A Discussion to ADD Value Required

The country is about to become locked in what the BU household anticipates will be the mother of all general election campaigns. If platform issues were to centre on the economy, social justice, health, nurturing a winning culture anchored to improving national productivity- what a wonderful dream!

This blog space is to be used by the BU family et al to list deep concerns and suggestions directed to the political class. We all live on the little rock and are obviously vested in its success.

66 comments

  • There is no need to talk about the present status, since the facts are clear:

    economy: dead, last in the Caribbean

    national debt: dead, highest in the Caribbean

    social justice: a few black and white plantocrats (cabinet ministers, judges, high bureaucrats, pastors, construction magnates and their families and courtesans) and the rest poorer then 10 years before

    health: You only send somebody to QEH if you would like to see the person dead the next day.

    winning culture: As it stands now, the Guyanese will take over Barbados from 2020 on. They have the oil, Barbados has sand at the beaches.

    national productivity: The average Barbadian does not know this word.

    Reform? I told you before what to do: fire 10,000 appointed civil servants etc pp …

    It is a myth that the bloated Barbadian civil service will ever be productive. Promotions depend on your affiliation to the ruling party, on nepotism and pure incompetence. How else can we explain that the Barbados Supreme Court is last in the whole Caribbean when it comes to the national sport called backlogging?

    The huge human overhead in the Barbadian public sector and productivity do not fit. I just mention the Peter principle, the Dunning-Kruger effect or Parkinson’s law. There is not a single country with such a bloated civil service on earth which is rich and successful. A bloated public service is the typical sign of dictatorship, socialism and decline.

    Liked by 2 people

  • Well said Tron, I think that about covers it. From Paradise to Hades in only a half century of majority ‘rule (read THEFT & CORRUPTION). Where else do we see depressing examples of this inevitability? Of course, all the countries of the ‘homeland’ so beloved of the parasitic classes that have brought our glorious Island to this pass.
    Watch South Africa, where even now the filthy murdering criminal who so besmirched her husband’s name, and the image of her newly independent nation is being hailed as a goddess, along with the patsies of the BBC and other lying Lefty media.
    God help Bim, for it seems her children won’t.

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  • Let us begin from the top:

    1. we have an issue with governance, how do we want to be more equitably represented i.e. the power of recall, first pass the post etc. Dovetailing this weighty issue issue is how do we educate the population to be the defenders of the very thing meant to protect them by a political class that is not vested in the solution. The political class has morphed to a professional segment of the population looking for a salary and have jettison all interest in the core tenet of our democracy- to serve.
    2. the first point is the biggest, if we get this right many of the other nettlesome issues are manageable- fixing the roads, efficiency n the civil service, the right design of the education system, the delayed justice system, poor public transportation, a relevant waste management system etc etc

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  • Once the power of recall is legislated and enforced there will be a noticeable progressive trend moving forward and upward for the island, the people will have the control needed to set restrictions and boundaries in the way they are governed instead of destructive ministers doing whatever the hell they like and then covering it up.

    as things stand with these backward ministers filling voters heads with images of voting for prime ministers whose time and what they offered has long, long passed decades ago, there is no value sentimental or otherwise using antiquated trickery, they are only keeping the country stagnant, there is no moving on from that brand of trickery to get votes. that is not progress…all they are doing is continuing the 1950s style of collecting nonproductive yard fowls.

    There is a lot to be done, but first and foremost, the present politicians have to understand that they are approaching governance the wrong way, what they copied from other societies that once owned them has never worked out to the benefit of the majority population and never will…it’s time to move on to real progress for every citizen.

    Winnie Mandela will always be a goddess, that can never be taken away from her, just like IQ45 will always have an IQ of 45.

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  • The resident mad racist Well Well Wot An Orifice I Is has been practicing its comedy routines…

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  • Interesting to listen to Jordan of the BLP commit the party to introduce integrity legislation if elected to office.

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  • David
    Wasn’t the draft legislation made public months ago for comment?
    What made me laugh was Solutions’ represenative announcing his party’s plan to introduce STEAM education. Have you ever seen STEAM mentioned in any of GP/Solutions articles or policies listed on their website? No! Yet he’s accusing people of stealing policy ideas.

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  • Bernard Codrington

    What has been the experience of those countries which have integrity legislation?

    What have been the experience of those countries that have elected persons of integrity?

    Have we had persons who lacked integrity because the supply is larger or smaller than demand?

    What are the factors that have given rise to the supply of politicians without integrity?

    The market seems to have grown exponentially . Why?

    Or more fundamentally , is the growth of lack of integrity a figment of our imagination?

    In other words, what is the reality?

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  • @Bernard

    The reality is that we must influence our reality if that makes sense. Nothing that is implemented will be the panecea to solve all problems. It is never ending the process to be effective and efficient.

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  • @enuff

    You mean STEM? Let us encourage the third parties man :-).

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  • Further to Bernard’s questions…

    What is added value?
    …added to what?

    What defines ‘success’ for Barbados? …for individual Bajans?
    What does a model citizen look like?

    What do we want to avoid? …as a country? …individually?
    What do we need to achieve?

    How is it even possible to be into the heat of a competitive game of life and death – without having BASIC answers to such fundamental questions – and without some kind of national consensus on a way forward?

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  • 2013 elections were dubbed, ‘the mother of all elections’ already. Find another phrase.

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  • @David
    STEAM. 😂😂

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  • de pedantic Dribbler

    David Mr Blogmaster, your new white background with black text is easy on old eyes!

    The fine sans serif text is actually quite legible without the glasses 😐

    One unsolicited suggestion: maybe fill-in the bullet point ellipses (with black); at least those under ‘recent comments’ & ‘recent posts’.

    Good work all round!

    Liked by 2 people

  • Thanks Dee Word, the site is under construction. Bullet alignment is under the radar.

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  • Bernard Codrington

    @ Kevin at 11 :42 AM

    I concur. All elections can be deemed ” the mother of all elections”.
    That is a good marketing ploy. But to the electorate it is just another opportunity to elect a GOB for the next five years. The electorate is advised to make a choice based on the perceived integrity of the candidates and the implementability of their party’s programs.

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  • pieceuhderockyeahright

    It actually is STEAM as in “Solutions Barbados are continuing to blow steam and bubbles up our collective ammmmmmm…”

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  • I heard the DLP and the SBP representatives begging the BLP to offer their solutions for bringing Barbados back to a state of equilibrium.They don’t have a clue what the hell is going on in Barbados.Its very obvious the DLP don’t know but it’s shocking to learn that neither does the ISO party called Solutions Barbados.What a bunch of nincompoops.Stop begging the BLP to share their brilliant ideas to save Barbados from further downgrades.Lawd come fuh yuh wirl.

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  • Yes we need to focus on worker productivity but there is system design that must be factored as well. Surprised we didn’t hear more discussion around this point today.

    >

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  • @ David who wrote ” list deep concerns and suggestions directed to the political class. ”

    We have been doing that for years on BU.

    What we all want is honest competent politicians and transparent governance.

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  • The DLP is clearly hoping to win the election on one issue and one issue alone. And that is the sexual behaviour of the LOTO.

    If Bajans are stupid enough to vote DLP based on that, against the background of the spectacular failure of the incumbent party for theclast decade, then one can only assume that the long claimed and purely fictional figure of 98% literacy and 2% illiteracy has finally been transposed.

    Liked by 1 person

  • @Bernard

    There is always hype and rhetoric at election time. Have we ever had such a strong third party cohort in the race? Have we ever had a prime minister who dared to dip into the 90 day period that has catapulted parliament into a state of abeyance?

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  • @Hants

    There is a reason why teachers repeat course work at school, especially primary level.

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  • Bernard Codrington

    @ David at 3:40 PM

    Which race is this “third party cohort “in ?

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  • @Bernard

    When these third parties split the vote don’t come crying to BU ok?

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  • Bernard Codrington

    @ David at 4 : 04 PM

    I promise you I will not. Vox populi est vox Dei.

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  • In the wrap up of the Brasstacks session today the missy representing the DLP said….the GOVT will do this and the GOVT will do that.This is the type of preparedness the DLP brings to a public discussion.What Government? Govt is in a state of paralysis…PARLIAMENT IS ‘EFFLUXED’…..The DLP had 10 years to do this and do that and they did NOTHING but wreck the economy and destroy the good reputation of the country.

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  • STEAM: Science, Technology, Engineering, Arts, Mathematics

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  • @David
    “1. we have an issue with governance…”
    +++++++

    I think that the problem is much deeper. We have a problem with our culture. How else do we explain the high percentage of the population who don’t find anything wrong with corruption and admit that they would do the same given the chance? How else do we explain the high percentage of the population that seems OK with incompetence? How else can we explain the propensity to believe the obvious lies that ALL the political parties write in their platforms?

    Bush Tea might label all of this as Brassbowlery, but we need much more than a label; we need analysis and understanding if we are to correct course. If we continue to elect governments of the calibre of the current one we cannot claim to be victims, we are accomplices.

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  • I think that the problem is much deeper. We have a problem with our culture. How else do we explain the high percentage of the population who don’t find anything wrong with corruption and admit that they would do the same given the chance? How else do we explain the high percentage of the population that seems OK with incompetence? How else can we explain the propensity to believe the obvious lies that ALL the political parties write in their platforms?
    Bush Tea might label all of this as Brassbowlery, but we need much more than a label; we need analysis and understanding if we are to correct course. If we continue to elect governments of the calibre of the current one we cannot claim to be victims, we are accomplices.(Quote)

    Amen to that. Personal abuse and foulmouthed nonsense may be making cheap jokes, but these are serious times.

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  • @Peter

    And part of influencing the culture is for our leadership who stand above the fray by definition to lead? I as a society we cannot product a wise leadership group (not to compare to the Aussie cricket scenario), what is the purpose of our existence then?

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  • @Peter and enuff

    Thanks, missed when STEM morphed to STEAM. Barbados is still playing catch up!

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  • No David. The A for Arts is a Bajan addition.

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  • Bernard Codrington

    @ David at 5 :32 PM

    I think you are putting too heavy a burden on the members of Parliament for which they were not elected. Election to Parliament does not make a person of average intelligence a super man. All the members of society have to take up their own cross. We all must make our contribution to the welfare of this society.
    The “fatted calf” paradigm has failed miserably. The paradigm going forward should be ” prosperity for all Barbadians”. No We and They.
    Political parties are elected to office. They do not win a war to collect and distribute the spoils to the conquering army. National wealth must always be produced on a continuous basis. It is not a stock. It is a flow. And so is foreign reserves…. It is a flow. We must always be creative in earning it. Unless we want to throw this country into reverse gear.
    In summary,culture is our business not the Political Class alone. Morality is our business not the Political Class alone. Independence means acceptance of responsibility. So stop the….

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  • @David

    I think that we look in the mirror and become leaders ourselves. What the heck do you think you are doing with BU? Running this forum is a form of leadership.

    I owe Bush Tea an apology for implying that all he did wal to label our dysfunction Brassbowlery. I do not know the gentleman behind the alias so I have no clue what he contributes ‘in real life,’ but on this forum he has often advanced sound ideas about cooperative economic organisation and caring for one’s fellow citizens. Sorry Bush Tea.

    I agree with a lot of what Bush Tea says (apart from the religious mumbo jumbo) and try to lead where I have the capacity. I’m leading a project to teach Charities, Cooperatives and Non-profit organizations how to get better at running profit making social enterprises so that they can make themselves more sustainable. The EU gave us a million dollars to do this in Barbados and two other Eastern Caribbean countries… it’s not enough but it’s a start.

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  • STEM vs. STEAM: Do the Arts Belong? – Education Week Teacher

    https://www.edweek.org/tm/articles/2014/11/18/ctq-jolly-stem-vs-steam.html

    Nov 18, 2014 – As proponents of STEM and STEAM face off, Anne Jolly asks what the role of the arts should be in a STEM curriculum and looks at some options for integrating the two disciplines.

    Liked by 1 person

  • @Peter and Bernard

    Of course we all must demonstrate leadership in our space but dont you venerable gentlemen think it must congeal within a strategic framework which is anchored in a formal leadership?

    PS. Yes Bush Tea is very active in discharging his civic responsibilities.

    Liked by 1 person

  • Bernard Codrington

    PLT at 6 : 00 PM

    I concur with your submission above. I ,like you, have tried to convince David Bu that his Blog is doing a good job of educating commenters.
    Like you I am amazed at the insightful contributions which Bushie makes with such economy of words.

    I believe that we are all becoming battle fatigued. We need to guard against that.

    Liked by 1 person

  • @David

    Congeal is an apt term. In other words good formal leadership within a strategic framework is an emergent effect of good community leadership of all sorts bubbling through the society. If all that is bubbling through the society is crap, then all that congeals is shit leadership.

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  • de pedantic Dribbler

    @Peter, when you speak of Bajan political culture I presume you are being a bit facetious, to say the least. I know we have this “cultural” ting or as defined this collective manifestation of a Bajan way of life as it relates to speech patterns (like the confusing ‘bull cow’) or even the music genre called Soca…but do Bajans alone accept political lies, corruption, incompetence or try to do-a-thing if the opportunity presents! REALLY.

    And that leads directly to David Blogmaster’s lovely facetious remark re “…wise leadership group (not to compare to the Aussie cricket scenario)”…yes David, that was hypocrisy, chutzpah and too the spontaneous combustion of leaders being consumed in the same fiery pit from which they were forged.

    As perfect an example as any that we get exactly the leaders right from among us whom we want…. and rip them asunder when we CATCH them stepping out of line… we elected them BECAUSE we believed they were smart enough NOT to get caught.

    Of course we actually moralize that we elected or selected them whether politics or that cricket allegory because they are honest. Don’t believe that for a minute.

    Can ANY Bajan really convince themselves that a certain opposition leader will be elected PM because of her transparency and political integrity…what a belly laff!

    She is as smart as a tack and we expect she will perform in that smart way…I can’t see not ONE of the moral tenets noted above being at play here, Not A One l!

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  • de pedantic Dribbler

    @MrBlogmaster…a hearty deep laff to “Thanks, missed when STEM morphed to STEAM. Barbados is still playing catch up”.

    ARE WE?

    Catchy phrased acronyms (is that redundunt like STEM to STEAM) and paradigms of the day are what makes consultants and conference venues popular…as in travel away meetings at lovely places to discuss the latest, latest.

    There is/was the debate that Arts and Music were being wrongly removed from school curricula….

    There is/was the debate of the importance of science and maths because of the growth of tech…

    There is and always will the debate of the importance of English and second languages…

    So let’s go steam up our education!

    This stuff would be absolutely hilarious if in fact so much freaking money wasn’t spent on these conferences, white papers and academic studies!

    Of course, then there is the obzocky but bluntly accurate message of Orwell ‘Animal Farm’: What was, is and still will be, regardless of what we call it!

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  • @DPD
    “do Bajans alone accept political lies, corruption, incompetence or try to do-a-thing if the opportunity presents…?”
    +++++++

    Not Bajans alone, but this cultural trait destroys governance wherever it is found… my concern just happens to be focussed on Barbados. My own opinion of the current leader of the opposition gives me little hope and less optimism. It is as David’s apt metaphor reveals… the leadership that ‘congeals’ is of the same composition as the culture out of which it arises.

    For all of Freundel’s many failings, he is a politician of some skill as well as significant luck… his offhand comment about taking the money does not arise out of his own imagination, he has precious little of that commodity, it arises out of a society where a significant portion of the population countenances such behaviour. Research by Dr. Wayne Devonish of UWI showed that 26% of Bajans admit that they would accept a gift or some form of payment for their vote. This does not even include the percentage, perhaps much larger, who would do as Freundel urged to take the money but lie about how they intended to vote.

    It is from such a sick culture that such politicians as we have ‘congeal.’

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  • peterlawrencethompson

    @DPD
    “do Bajans alone accept political lies, corruption, incompetence or try to do-a-thing if the opportunity presents…?”
    +++++++

    Not Bajans alone, but this cultural trait destroys governance wherever it is found… my concern just happens to be focussed on Barbados. My own opinion of the current leader of the opposition gives me little hope and less optimism. It is as David’s apt metaphor reveals… the leadership that ‘congeals’ is of the same composition as the culture out of which it arises.

    For all of Freundel’s many failings, he is a politician of some skill as well as significant luck… his offhand comment about taking the money does not arise out of his own imagination, he has precious little of that commodity, it arises out of a society where a significant portion of the population countenances such behaviour. Research by Dr. Wayne Devonish of UWI showed that 26% of Bajans admit that they would accept a gift or some form of payment for their vote. This does not even include the percentage, perhaps much larger, who would do as Freundel urged to take the money but lie about how they intended to vote.

    It is from such a sick culture that such politicians as we have ‘congeal.’

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  • David

    We are minded that if a clean/clear right to recall could be won all other things will be added unto thee, sayeth the Lord!

    A right without all the usual codicils and shiiite talk normally appended. Or subject to the GG’s or the PM’s, or somebody else’s say so.

    We see others (PLT) suggesting deeper issues are at work in Barbados, corruption etc. And he is right in a way, but …………

    The best way to deal with that is the sunlight of active citizen participation on day to day basis in their government.

    We must destroy the current political class and parties which can go no further, are now anti-developmental by their very nature.

    As happens in cooperatives. We don’t hear bout any teefing from the cooperatives or by its leadership, do we? That is virtually impossible.

    So a right to recall would naturally be accompanied by a participatory governance. How else would we avoid general elections every month. And there is no higher level of accountability than that – citizen participation daily!

    The power must be in the hands of the people, as a practical matter. This Westminster bull has long failed.

    Liked by 1 person

  • Bernard Codrington

    @ PLT at 7 :16 PM

    The Wayne Devonish research report seems a bit higher than I expected at 26 %. But it does confirm the level of ignorance about the purpose of democracy and the alienation of a significant number of persons from the political system. The ,most horrifying bit is that it is higher among the educated.

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  • @ Pachamama
    April 3, 2018 7:25 PM

    Participation by way of consensus, using mobile tech. for input, decision making and vote.

    The “RIGHT TO RECALL” IS A MUST.

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  • These three items may all boil down to the same thing (transparency)
    1. Freedom of information legislation
    2. Integrity legislation
    3. Sunshine laws (deals completed by the government should be presented to the public within 3 months of completion). We respect the need to negotiate some business behind close door, but once the ink dries o the paper, please inform the taxpayers,,, Cahill, sandals, etc

    Don’t tell me about laws on the book….

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  • Well Well & Cut N' Paste At Your Service

    The right to recall is the only way to go..the only way the island can progress or gain recognition and respect as a Caribbean leaders and not just known as a banana republic run by corrupt government ministers and criminal minorities.

    A State funeral befitting the African Queen Winnie Mandela.

    https://barbadostoday.bb/2018/04/03/remembering-winnie/

    “Remembering Winnie
    Article by
    Barbados Today Published on
    April 3, 2018
    Winnie Madikizela-Mandela, the anti-apartheid campaigner, will be honoured with a state funeral later this month, South Africa’s president has said.

    Cyril Ramaphosa made the announcement on Monday evening after paying a condolence visit to Madikizela-Mandela’s home in Johannesburg’s Soweto township.

    The funeral will be on 14 April, with an official memorial service three days earlier.

    In a televised tribute, Ramaphosa called Madikizela-Mandela a “champion of justice and equality” whose “dedication to the plight of her people gained her the love and the respect of the nation”.

    “For many years‚ she bore the brunt of the senseless brutality of the apartheid state with stoicism and fortitude,” he said. “Despite the hardship she faced‚ she never doubted that the struggle for freedom and democracy would triumph and succeed.

    “She remained throughout her life a tireless advocate for the dispossessed and the marginalised. She was the voice for the voiceless.”

    Known as Mama Winnie, and “mother of the nation”, the former wife of Nelson Mandela died on Monday aged 81 following a “long illness”, her family said.

    During her nearly 38-year marriage to Mandela, she fought against white-majority rule even as she vowed to escape the shadow of the great man”

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  • David
    STEAM actually appears in the leaked BLP manifesto and I also heard Hennis from UPP; but certainly not Solutions.

    Depdantic
    🤐

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  • nineofnine

    We agree, whole-heartedly!

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  • @ peterlawrencethompson April 3, 2018 7:16 PM

    I support your comment on the local attitude towards corruption. When you ask Barbadians if it is right for ministers, judges and high bureaucrats to drive around in these very expensive silver Mercedes despite the catastrophic economic circumstances, many Barbadians will answer you: Yes, they might work against the common good, but one day I will be a minister, a judge etc pp as well and will profit from the present injustice.

    Forget the international reports on corruption. They are built on perception, not on facts. If a society endorses corruption, it might be on top of the scale, not at the bottom.

    Corruption is the very core of the misery in most non-developing and developing countries. And we shall not forget that corruption is fueled by foreign entities. The EU, for example, knows everything about corruption in the Caribbean. Despite this knowlegde, the EU representatives transfer large sums to CARICOM states to facilitate European business, accepting local corruption as some kind of “necessity”. To sum up: In former times they sent the gun boat down to the South, today they weaponize bribes – at the detriment of the Caribbean.

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  • “Apart from incompetence, corruption is a major factor.”
    +++++++++++++++++++++++++++++++++++++++++
    It would be interesting to hear PLT discuss how corruption is not a MAJOR component of incompetence….
    In other words, how may it be possible to be ‘competent’ in leadership – while being corrupt.?

    The answer to this question could speak volumes about the difference between Bushie’s concept of ‘good leadership’ and ‘success’ ….and the misguided, but generally accepted concept that is brassbowlery…..
    It may also cast some light on the ‘religious mumbo jumbo’ that the bushman spouts…..

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  • Value was not added last night on the cricket discussion programme, last eve.

    Gonzales made some goods points in relation to Clico and the recent Australian cricket thievery

    But Marshall is becoming more and a more a shiiiite talker

    And the point of Gonzales. as above, could have been also directed at a common crook on the same programme, alias Phillip Nicholls.

    On the west indies tour to Pakistan it appears to us that the people within the board are just using cricket to feather their nests.

    Certainly, an antiquarian device has some relevance here, no!

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  • Has anyone heard the rumor that the old Portvale and Haymans sugar factories have been sold?

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  • @Bush Tea
    interesting to hear PLT discuss how corruption is not a MAJOR component of incompetence…
    ++++++++

    In my humble estimation it is possible to be skilled at perpetrating a fraud… that would be competent corruption. It is equally possible to be unskilled in the pursuit of noble objectives… that would be incompetence, but not corruption (particularly in light of the Dunning–Kruger effect, which makes stupid people blissfully unaware of their own stupidity). This all makes me inclined to plot competence and corruption of separate axes.

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  • @Bush Tea

    I will grant you, however, that despite my quibbles there appears to be a very high correlation between corruption and incompetence among many members of the current administration.

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  • OK PLT
    You mean somewhat like someone who can be ‘good’ at being bad.

    Bushie was thinking of ‘competence’ more in terms of overall leadership effectiveness
    and not as a general descriptive adverb.

    In Bushie’s world therefore, even a highly effective and productive leader would be incompetent if they happened to be corrupt, since ‘leadership’ requires an even larger ethical, moral and spiritual component – than it does the ability to be otherwise effective.

    For example…
    If Froon – as useless and worthless as he is – were to DELEGATE operating responsibilities to underlings of proven competence – and was at the same time ALSO able to project and enforce high moral, ethical and spiritual standards – he COULD be one of the great leaders of our time…

    Conversely, David Thompson – effective and gregarious as he was – could NEVER have become a great leader ….not with the various corruption skeletons that were in his closet…

    There are unwavering and unavoidable spiritual LAWS that drive these realities.

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  • Apostle Joy and Apostle Joy Jr.

    The Idiot Tea entertains us on April 4, 2018 at 2:53 PM:

    “In Bushie’s world … There are unwavering and unavoidable spiritual LAWS that drive these realities”

    What are these laws and who, apart from a dunce, wants to live in “Bushie’s world”?

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  • Bernard Codrington

    @ AJ & AJJr at 5:02 PM

    God is spirit and he who worships God must worship him in spirit and in truth. Whose apostles are you?

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  • Well Well & Cut N' Paste At Your Service

    As June draws nearer and nearer…cause none of them can stop the time,…not one politician or minister has nor will they ever have that power,

    What is Sinckler hiding from the people, one more the reason to NOT reelect this government.

    More the reason for powers to recall.

    http://www.nationnews.com/nationnews/news/145011/mia-imf-report

    “The publication of Article IV reports is widely considered around the world to be sound practice in terms of supporting transparency in economic policy-making and strong investor relations. It is only troubled governments, fearful of the political fallout of IMF criticism, that shun publication,” she charged.

    “What is in the document that Minister Sinckler does not want people to find out as elections loom?”

    Situation ‘dire’

    Saying he was “totally out of his depth” and “swimming in waters too deep”, Mottley said the country’s economic situation had got so dire that the Central Bank had been approaching financial institutions for assistance.

    “The reality is that the Central Bank has been talking to financial institutions, both banks and in the non-banking sector.

    “I’m not flying kites. In the second quarter, which is the one we are in now, we are going to have to find $73.7 million for Credit Suisse. We are going to have to find for Deutsche Bank and Bear Stearns another $23.7 million. We are going to have to find for the Caribbean Development Bank (CDB) and the Inter-American Development Bank (IDB) another $25.9 million and that’s between April 1 and June 30,” Mottley disclosed.

    “In the third quarter we are going to have to find $14.2 million for Deutsche Bank and we are going to have to find $19 million for the CDB and the IDB. In December, we are looking at $73.7 million for Credit Suisse again, Deutsche Bank and Bear Stearns $23.4 million and CDB and IDB $28.3 million.”

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  • “She said this meant that whichever party was elected into office would have the added pressure of servicing those loans in quick time. (RB)”

    It will be MIA problem, How is she going to solve it ?

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  • “On Wednesday, hundreds turned out to the Warrens Office Complex to register with the National Employment Bureau for possible job opportunities in Canada.”

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  • Bernard Codrington

    @ Hants at 9 :13 AM

    It is a financial problem and it will be solved.

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  • @Well Well & Cut N’ Paste At Your Service April 5, 2018 7:30 AM

    Five years Ago, people would have called you and me psychos for drawing such a dark picture.

    As you quoted: The foreign reserves are depleted VERY SOON. Micky Mouse Dollar is over. Maybe people will understand THEN why I press issues like shrinking the public sector and work ethic.

    No private bank will deliver millions of USD to pay off these loans. It would be lost money. IMF is the last lender and BY FAR better than any Chinese or Arab loan, enslaving Barbadians.

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  • Well Well & Cut N' Paste At Your Service

    We were called psychos and doomsayers, doom and gloomers and every describing word their limited minds were able to conjure, these days they are trying to see how bext to tief the election because they know most bajans want them gone.

    They have no more time left to call us out of our names..lol

    Ah wonder what happened to the yardfowls, ah hope they got sold to the middle east.

    Like

  • Talking Loud Saying Nothing

    Whatever happened to the “trickle-down” economy which argued that it was a good thing to allow the wealthy to accumulate their riches – unhindered – in the knowledge that the poor would be the benefactors of the rich elite’s largesse?

    ” Richest 1% on target to own two-thirds of all wealth by 2030
    World leaders urged to act as anger over inequality reaches a ‘tipping point’

    https://www.theguardian.com/business/2018/apr/07/global-inequality-tipping-point-2030

    Like

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