The 2018 Barbados Election: Love on a Two Way Street?

Submitted by Doc Martin

Barbadians go to the polls on May 24, the date grudgingly given by incumbent Prime Minister, Freudel Stuart just a few weeks ago (April 26). This was after increasingly vociferous calls for a date from different sections of the country.

In this context of this election, it is interesting to hear professor emeritus Michael Howard state something that I argued elsewhere as far back as 2015:

I believe that Barbados’ principal economic problem at this time is the precariously low level of foreign reserves and a remedy must be found after the election. Economic growth, though important, is a secondary consideration at this time.

Some three years have gone by and the Barbados foreign exchange problem has become worse. I hope that “a remedy…after the election” will not be too late!

My purpose in writing this current article is to comment on the upcoming elections of May 24 and plead for some “studiation” from the so-called ordinary, man-in-the street at this time of national elections.

I am pleading for “studiation” rather than common sense because common sense (whatever it is) appears to be in very short supply at critical moments in Barbados. Indeed, sometimes I wonder if someone, somewhere, has issued a decree to ration this essential ingredient in Barbados! Those who want to confuse education with common sense and cite the high literacy rates in Barbados etc. can have their say…again. To my mind, one of our local poets, Bruce St. John, settled the distinction long ago when he declared in one of his poems: “Studiation beat education”.

So I am writing to ask…no, plead with Barbadians to do some studiation about the upcoming election. By studiation I mean thinking about something very carefully; considering the known facts, asking relevant questions, demanding clear answers and, in the absence of clear answers, making reasonable assumptions. I am fearful that the level of “true education” in Barbados is so limited that many (the masses, as politicians like to call them) will be unable to do this studiation I am calling for. But one can hope.

The rationale for this studiation exercise is the high stakes in this election. The stakes are so high that the writer of the editorial of the Sunday Sun of 6 May was moved to pen:
No party should be worthy of serious consideration in this election, unless it has a clear statement of how it will tackle the fiscal deficit and the declining pattern of foreign reserves. (Sunday Sun, May 06 p.12A)
This “studiation” we need to do will have to take into consideration the parties to the election and the idiosyncrasies of Barbadians.

The Old Parties
The DLP and BLP are the old, so-called, established parties. The DLP has had ten years (two terms) in power and, key metrics considered, it is leaving Barbados worse off than it found it in 2008. In its first term (and some of its second term) it lay blame on its inability to get traction in the economy on two factors: the container-load of foreign debt left by the former BLP administration and the global recession. Subsequently, the Freundel Stuart government, in order to regain power in the 2013 election, essentially lied about the state of the Barbados economy. After the election, the truth began to emerge and the economy started to unravel in earnest as Standard and Poor has well documented.

Mr. Stuart, in the Friday May 11 edition of the Nation News now has the unmitigated gall to ask the electorate to give his party another chance. Unbelievable!

Love on the Rebound
While the rejection of Mr. Stuart and his DLP may seem imminent, the electorate should be reminded about love on the rebound! By this I mean that the impending “break up” with the DLP should not lead us to fall into the arms of the BLP! This calls for some studiation.

As noted above, the BLP left Barbados in heavy debt in 2008. This was the end of fifteen years of rule in which the old economics of public spending and the courting of foreign investment were practised as usual. Also practised – as usual – were reliance on tourism and services, the strategic neglect of agriculture, the failure to develop a viable export sector beyond the traditional exports of sugar and condiments (pepper sauce etc) as well as the general failure of not making the country more competitive by reducing costs and increasing productivity; in other words, the strategic restructuring of the economy.

The BLP’s has now launched its official, extravagant manifesto that has, literally, promised pie in the sky and everything else under the sun. Mr. Owen Arthur, the former leader of that party – and perhaps, half of Barbados – is asking the 64 million dollar question: From where will the BLP get the money to finance these extravagant promises?

It is either that BLP has learnt nothing from its ten-year sojourn in the opposition or that it has solicited a silent partner with very, very deep pockets. If it is the former, the thinking electorate would do well to “run like hell” away from the “spendstress of Roebuck Street! If it is the latter, we need to be told what ransom that invisible backer or backers will require of us down the road!

No Longer a Two Way Street
It is no longer necessary to find, “love on a two way street”. Barbadians have now come of age and, for the first time, there are at least four parties to consider. Space does not allow us to spend time on the “micro parties” such as the BFP (Bajan Free Party) and KGB (Kingdom Government of Barbados). They are just too small at this time to make any meaningful impact and cannot seem to get themselves properly organized. But I would like to see them develop into meaningful alternatives in the future.

The UPP
From our studiation we know that the UPP is an offshoot of the BLP we spoke about earlier. Its leadership is fundamentally BLP/electoral rejects, BLP discontents and political hopefuls. If you can figure out whether the party leader, Lynette Eastmond, is awaking or falling to sleep when she is speaking AND, if… big “if”… the party can come up with something…anything, new and imaginative, the party might be worth a second thought. But you may find yourself “dozing off” as you try to “study that out”.

Solutions Barbados
Solutions Barbados (SB) is a faith-based party that has been analyzing the situation in Barbados since 2015 and proposing what they deem as appropriate solutions. While those of faith understand the critical importance of integrity and the notion that “righteousness exalts a nation”, we still need clarity from them about what can be done to fix the burning foreign exchange problem alluded to at the beginning of this article as well as several other issues.

We have heard their proposals on integrity in government and quality control. Some of them are radical and counter intuitive (some might say “counter-productive”); for example, forgiving us our (unpaid) taxes and lowering taxation in general! These initiatives cannot be discounted but what we need to hear is the concurrent policies that will be put in place to channel “freed up” spending in the right direction or replace lost revenue.

In 1986, Dr. Richie Haynes gave Barbadians a very “cool” tax break ($15,000 if I remember correctly) that helped the DLP win a landslide victory. However, the government failed to implement concurrent policies to channel the freed up money into investment or productive activities. Much of the “freed up” money would have undoubtedly burnt up some of our foreign exchange reserves.

This tinkering with the economy for short-term fiscal and political gain, while failing to do the surgery necessary to rectify the diseased areas of the economy, is just what successive DLP and BLP administrations have been doing for as long as we can remember. And it is what has got us into this present mess.

If the handling of the recent issue with Solutions Barbados candidates who did not want to sign the party’s contract is anything to go by, it would seem, that in Grenville Phillips, we have a strong leader who is prepared to stick to his word and let “yea be yea and nay be nay”. Such integrity is needed in this country in large measure, “pressed down…shaken together and running over”. The enforceability/ legality of the SB contract is another matter. We should be prepared to give Mr. Phillips some elbow room to fine tune his solutions.

The idea of the Speaker of the House being able to keep that position after perpetrating a major malfeasance on an ordinary citizen is the epitome of corruption. Right thinking people should make this an election issue and reject the DLP and the moral leadership of Freudel Stuart for this reason alone because it has sent a very terrible signal to the population in general and to our youth in particular.

I will be pleasantly surprised if Solutions Barbados wins the election outright, but I hope they garner enough seats to break the duopoly of the two older parties and make it necessary for a coalition for the first time in this country.

Coalition in Sight
Studiation suggests that we cannot go back to the two-party seesaw that we have had in this country since independence. This has worked for us up to a point but now, strategically speaking, we are stuck in a rut. The Barrows and the Adamses came, saw and conquered. Except as historical notes, they are no longer relevant!

There are other persons with managerial and technical training and competence who can make valuable contributions to this country and they should be given a chance. It is time to dismantle the “lawyertocracy” represented by the two major parties.

In spite of the hype that status quo naysayers may whip up on the drawbacks of political coalitions, such an event in Barbados will cause the parties (pun intended) to come to the drawing board and really think hard about: (a) who will lead the country out of the economic quicksand in which it finds itself and (b) what is best for the future of ALL Barbadians. The quibbling that will most likely ensue should be treated as part of the learning process and as a family squabble; we should think of ourselves as one big family in this country.

Time to Vote
Those who are disaffected with the current crop of politicians from the two parties and who have declared that they will not vote should now reconsider their position and do some serious studiation. The only persons who will benefit from your abstention from the May 24 elections will be the very parties who have serially disappointed us. Make no mistake about it, these parties do have their die-hards; and they WILL mobilize them on election day!

Your vote is now more important than it ever was. Don’t sell it to the highest…or any bidder! Offer it freely to whom it will help to make the biggest difference for all of us in this country!

77 comments

  • I read Professor Howard’s unmerited criticism of the opposition manifesto and I was appalled that during the highlighting of our fiscal position by several international and local economists, lending agencies, economic watchdogs etc. pinpointed facts inefficiencies in our financial directions and not a word from this eminent economist regarding viable alternatives to our vexing problems. However, with less than a dozen days to go and the ruling party failing to produce their manifesto so that the general public, business leaders, economists etc. will be able to see feasible alternatives minus partisan politics. But again, this might be a strategic move by the incumbent party to wait and analyse all the other manifestos before publication. We will wait and see when this manifesto is ready.

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  • Is your statement correct? Professor Howard to our best recollection has always shared his views on the economy across administrations.

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  • This writer is on point.I too am hoping that a third Party would be successful in winning at least 4 seats …..at least a result of ( no particular party specified ) 13:13:4 would make things very interesting.

    Ìt is time that Barbadians realize that doing the same thing over and over cannot reach a different result.

    It is time for the Country to recover from its Social Fatigue and elect representatives who can bring new ideas and the capacity to think outside the box.
    BARBADOS needs SOLUTIONS.

    Enough of the RHETORIC and LAWYER SPEAK

    Time to hear less of the following talk such as :

    Government is looking at it.

    It is under active consideration.

    Etc., Etc.,

    Wishing SB much sucess.

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  • CC:Success

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  • Vincent Codrington

    After all this studiation what practical conclusion have we come to? We better go back to common sense and education. Too much studiation does make one mad. Wuh Loss.

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  • I am listening to the speeches and the BLP are really trying. They have bigger crowds. I think victory is within their grasp if they avoid cheap political gimmicks.

    Gimmickry might just lose it for them.

    Just hoping a coalition is needed to become the ruling party.

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  • I had the same take to Professor Michael Howard’s quick out of the block assessment of the BLP’s manifesto as Tell Me Why.

    For the last five years this economy has been going from bad to worse to “wusser” and we kept wondering where are the voices of the learnt economists from up the hill who are handsomely paid by the taxpayers. Hardly a word from him as Chris Sinckler destroyed our country and crippled us with tax after tax.

    I have one thing to say to the Professor out of respect, you have been asleep for all the time when you should have been offering advice to your preferred party, stay asleep. No disrespect meant.

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  • Doc Martin has presented reasonably unbiased assessment of the present Barbados situation. A number of BU Family commenters obviously fall into the category “CAN’T SEE THE TRESS FOR THE FOREST.” This is the SOLE PROBLEM why Barbados finds itself it’s present social and economic quandary, unable to self REFLECT and THINK, just follow the political black sheep “manifestos”.

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  • Prodigal is right on his assessment of Howard.After Frank gave up his role as Chief Economic Adviser to the Stuart administration why didn’t Howard step forward to continue in that role.I too share the view that the Econ gurus on the Hill appear too afraid to offer an unbiased view of the handling of the Econ portfolio by Sinckler,a total failure in that role.Estwick would have done a better job and Estwick remaining silent and now about to have a heart attack in his pit bull mode is to be seen as what is …..bullshoite.The DLP has nothing but chaos to show for its 10 years in power.Humbugs.

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  • I have a stupid question: what would be the significance of a Coalition?

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  • I believe that Barbados’ principal economic problem at this time is the precariously low level of foreign reserves and a remedy must be found after the election. Economic growth, though important, is a secondary consideration at this time.(Quote)

    The above quote is an example not only of a misunderstanding of macro-economics, but it demonstrates the power of conventional wisdom and its tendency to deceive.
    Many things are wrong with the Barbados economy, but falling reserves is not a major one. We need to grow our economy and the way to do that is through out put: introducing modern cutting-edge technology across the public sector and incentivise the private sector to follow suit; job creations: in the short term, by making all public sector entry level jobs job shares; in the medium and long-term through improvements in targeted education and skills training.
    We need a radical overhaul of the financial sector with new ways of financialisation of the small and medium enterprises, the engines of growth and job creation.
    If a future BLP government goes to the IMF, it must first explain to the Barbadian people how it will deal with the ten pillars of the Washington Consensus.
    From the current account deficit, to public expenditure, to tax reform, to financial liberalisation, to the pegging of the currency, to abolition of trade barriers, to the privatisation of state enterprises, to light-touch regulation (remember Clico?), to secure property rights (remember the chaos in our courts).
    Then we have to look at the real world beyond our narrow boundaries. Since the turn of the century, emerging markets have accounted for 60 per cent of global trade, up from about 40 per cent, and growing. Is this reality reflected in policy or discourse in Barbados?
    Since the end of the Second World War the US share of global trade has collapsed from about 30 per cent to 18 per cent and falling. Over the same period, China’s share of global trade has quadrupled to about 16 per cent. Trump’s economic nationalism will make this worse. How will that impact on a small island economy? By the way, for the foreign reserves obsessives, ony 60 per cent of countries use the Greenback as their reserve currency – and the other 40 per cent still survive.
    Our problem is not that our academic economists have kept quiet, it is that they have nothing new to contribute. Their real danger is how they marginalise and keep out new ideas, models and theories, as Oleg Komlik, a brilliant sociologist of economics has reminded us. In short, new understands of economic issues.
    As William Buiter, writing in the Financial Times in 2009, said: “Most mainstream macroeconomic theoretical innovations since the 1970s…have turned out to be self-referential, inward-looking distractions at best.”
    In the wider world there has been a tense debate over the future of macro-economics, with the exception of Barbados and the wider English-speaking Caribbean.
    All the high priests have been joining in, from both sides of the Atlantic, and publications of all kinds, from central bankers to academics to policy-makers to informed journalists.
    The ancient Greek philosophers would have said awareness of one’s ignorance is far better than the illusion of knowledge. That says a lot about academics in a small island society in which the talent pool and the avenues for debate are restricted by gatekeepers who themselves do not understand the epistemology of economics and who deify those who claim to understand.
    Here is something to think about: why is it that in 2018, fewer than five per cent of economic PhDs in the US are Afro-American? Our academics and economic policy-makers must emerge from their hermetically sealed tents on the hill and engage with the public.
    What has been published in the BLP manifesto on economic policy is no different from what we witnessed over the last ten years. The personalities may differ, but the policies are the same.
    Let us have a serious economic debate between now and May 24.

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  • To control frontbench politics.

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  • Any coalition guvment would have many benefits. For one, it would forever break down the notion of political monopoly in Barbados. The paramountcy of a PM. The elected dictatorship of the party.

    Lest we go on……………….

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  • ”I believe that Barbados’ principal economic problem at this time is the precariously low level of foreign reserves and a remedy must be found after the election. Economic growth, though important, is a secondary consideration at this time.”

    The above statement is Correct in toto.

    Anybody knowing anything about what is happening in emerging markets – Turkey, Venezuela, Argentina, all much larger countries than Barbados but also more open to the evils of financial imperialism, would know that six weeks of imports cover is problematic. And Barbados gets most of its FOREX in the early months of the year.

    There can be no tourism without FOREX! The industry will have to shut down. There can be no output without inputs in a small open economy like Barbados.

    A further dwindling of hard currencies would mean that the country will not be able to import anything. Think about the spectre of that! This will have such a deleterious effect on everything else that it would make current problems pale in comparison.

    While we admit that other problems must also be confronted simultaneously, for a country which imports 70 to 80 percent of inputs, the depletion of FOREX is fundamental, even more so than the countries listed above, because they have significant mineral or agricultural resources.

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  • Enuff: what is the significance of a coalition?

    Less yard fowling, more attention paid to actual governing the country as opposed to feeding yardfowls and bribers, more focus on performance and there will actually be monitors for those who are not used to being reined in, who love to do as they like with the people’s money and land and properties…such as…less opportunities for tiefing.

    google it.

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  • Minority coalition governments are the way to go, they come with many benefits..FOR THE PEOPLE.

    “A coalition government is a cabinet of a parliamentary government in which many or multiple political parties cooperate, reducing the dominance of any one party within that coalition. The usual reason for this arrangement is that no party on its own can achieve a majority in the parliament.”

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  • A coalition is about a cultural mindset before socio-economic action.A coalition government is nothing new to Barbados circa 1946, with black representatives.Bajans should engage their common sense and learn something about the place instead of foaming at the mouth at what is and not possible.This BLP DLP nonsense in 2018 is for treasonous wicked people.

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  • Well Well

    @6.23

    Kills with laughter!

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  • “This BLP DLP nonsense in 2018 is for treasonous wicked people.”

    EXACTLY.

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  • @Enuff
    This is not an attack.
    I think your ideas do not take the size of Barbados into consideration. We have 30 MPs which I believe are far too many. Next you talk about decentralization. That is a next unnecessary layer that is being introduced. Bajans have to develop solutions that are applicable to them and stop being copycats.

    Tron starts at the civil service, I start in the parliament.

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  • I am not going to even reference the Tory-LibDem fiasco. Please tell me of a Coalition government in the Caribbean or any other small island state and its performance. #waiting

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  • MAM’s idea for providing micro loans to people looking to develop apps, is dated. Would have been a very good idea forty years ago.

    That is not where the centre of gravity is in technological development.

    She has to think in terms of 5G, AI, interplanetary industrialization, and more, the technologies needed for such.

    The countries controlling this new frontier, will control the future.

    Where are all the 11-Plus slave boys and so-called island scholars. Yuh mean after all of this free miseducation not a boy can bring home a new industry.

    This apps thing is old hat. We need the political thinking to inspire a quantum leap.

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  • Pachamama
    To be fair to MAM, the micro-loans are only but part of the strategy from what I have read. The manifesto also speaks to STEAM, Robotics and AI but you can’t deny that there is still room for persons who need micro-loans. The manifesto also talks about larger funding for innovation. Yes I agree that apps is a old hat.

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  • Is there a difference in the use of social media by members of the duopoly.
    Could it be that one party has become so reliant on traditional media, that they lost the war on social media?

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  • There is Nothing as Insane as doing the Same thing over and Over and Expecting a Different Result.

    We have to look at Substantive changes. The Diehards among us should Examine ourselves and Choose a Better Path in the Scriptures this is called Repentance.

    Please Barbados Make the Right Choice if we don’t the Reaper is at the Gate for ourselves our Children their children and their Children’s Children. How long did it take Guyana to Recover from Forbes Burnham and Cheddi Jagan. How long has it taken Jamaca and it is still reeling from Norman Manley?

    The Wrong Choice this time may lead us into Despair for Generations. Why Not Choose a Business man as an Alternative to a Lawyer to manage this Country’s Affairs? By the Way Solutions Barbados does not have a Lawyer in Sight!

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  • Seeing the passion
    Seeing the hunger
    BLP step up its game

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  • Barbados Why Choose B or D? Aren’t we Looking for Real SOLUTIONS?

    Seeing The Way Forward…
    Barbados, We have a Decision to make…
    Grenville Phillps II – Leader of Solutions Barbados – Candidate for St. George North
    Solutions Barbados

    ECONOMIC ADDRESS – THE ECONOMIC DEATH SPIRAL The downgrades by Standard and Poor’s should have informed all doubting Barbadian residents that we are in an economic death spiral. Only those in deep slumber would think that all was well. The last downgrade projection of Barbados’s economy should have brought them fully awake. You deserve an honest explanation!

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  • SOLUTIONS BARBADOS ECONOMIC POLICY VIDEO

    This is the first video describing how Solutions Barbados Finance & Economic Policies will rescue Barbados from total economic disaster.

    “Now this is what I like to hear, Intelligent Dialogue, Facts, Figures & a Plan. Not drama, posturing, name calling, finger pointing & shouting. I think we deserve to be spoken to as intelligent people.

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  • pieceuhderockyeahright

    @Pachamama and Enuff

    It is obvious and simultaneously sad that neither you, the wise Pachamama nor Enuff understand what “apps” are

    Neither gentleman comprehends the fact that we as a people have yet to leverage the untapped and unexplored regions of app development

    LET de ole man give an example off the bat to prove what is possible

    SaaS – software as service is the current model for software sales globally as opposed to selling a version of the software on a CD.

    We now buy access to the software on an ongoing basis and when the period of our subscription is over, we either pay again, or our access stops.

    The danger with SaaS is that it permits “persistent incursion” into your harddrive or unfetterred access to your data during the handshake when you log on to that software like Microsoft Word 360 and all the big nsme trusted software providers

    Some of us who are more conscious of this Trojan horse tactic, spin up virtual drives to obviate that problem

    BUT @ TODAY, THERE IS NO APP WHICH IS AVAILABLE FOR JOHN DOE TO, NOT ONLY PRESCRIBE WHAT ANY SaaS provider sees but provides a log of what said SaaS is peeping at on your drive.

    THe above idea was “spontaneously generated” and should either of you be remotely interested in what its value as an “app” is do a check of the internet and affirm that what de ole man is proposing, DOES NOT EXIST AS AN APP

    And I am not talking about WireShark, I am talking about an Idiot Companion app for the average user who does not have a clue as to the dangers of persistent data access on your PC

    The facts are that the Ole Man will humbly suggest that neither of you have any inkling of what is required for pertinent app development of a global calibre that counts, ergo your old hat comments

    Few people are and that begs the question of how will such intangible assets be identified, understood and thereafter coopted into a Bajan matrix?

    Steupseee…

    Certainly you cannot expect that Dr. Basil Springer or that fellow Peter Boos to direct such Critical Thought TEAMS BUT WE CAN ONLY HOPE THAT THAT IS NOT GOING TO BE THE MODUS EMPLOYED….heheheh

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  • pieceuhderockyeahright

    @ The Honourable Blogmaster

    Dr Ole Man again humbly requests your assistance

    This suspense assistance request only should serve to underscore the point to Pachamama and Enuff about what opportunities still exist out there for app development to protect one’s privacy, your location, the sites you have visited or where you leave to go like pornhub.com

    You feeling me?

    So for example, a fellow might not want to view the BLP manifesto on the website peoplesmanifesto.info but would view it on the acuteinnovation.com site where one’s VPN can’t be defeated and is permitted.

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  • All the speakers on BLP platforms seem to have a duty to lionize MAM.

    We understand some of that comes with the territory, as a given.

    But it is getting a bit tiring.

    Bajans already know MAM, warts and all

    This represents the kind of propaganda which borders on the repulsive.

    It tries to tell us all that we know is wrong.

    That this MAM has been washed in the blood of the lamb.

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  • Santia Bradshaw is avoiding the truth, a green horn.

    We wonder what these minions will do when reality strikes.

    Old wine in new bottles.

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  • pieceuhderockyeahright

    @ Pachamama

    My substantive response is in suspense and me fears that given the hour of the night the Honourable Blogmaster won’t see it until tomorrow

    I spoke to your comment about app though and commented further on the fact that the opportunities for such are alive and vibrant but unfortunately we BAJANS can’t see them and the so called national gurus who have been tasked with such ARE OUT OF THEIR DEPTH

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  • PUDRYR

    True!

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  • THE DIASPORA AS A FOREX SOLUTION.

    Create a DEPARTMENT/OVERSIGHT BODY of DIASPORA AFFAIRS..

    Initiate an Act TO BENEFIT Companies and Individuals OF THE DIASPORA who INVEST (optional) their savings (forex) in the interest of “helping the country out”.
    Make provisions for these clients to remit X% of their savings accounts to a registered personal/company Central Bank account offering substantial INTEREST/BONUS/BENEFIT(S) in exchange for local currency until such time as would render replenishment and stability of the economy and its reserves. This exercise is optional to the client and have the right to withdraw after a designated period of time at no costs.

    Electronic transfers through Commercial Banks offer a similar package to the recievers of forex.
    Facilitate CORRESPONDENT BANKING BY LAW through COMMERCIAL BANKS ON THE ISLAND.

    All Foreign Investments and settlements capital, sales or purchases of property bought with Forex outside/inside of the country for local investment or settlements OR rewards/winnings must be placed in an account of the Central Bank in exchange for local currency earning an added immediate sizable interest on deposit.

    The system to accommodate this facility must be expeditious, EXPEDIENT, efficient and transparent in accountability.
    Foreign Exchange can be RETAINED by moving to recreate our manufacturing industry TO producing those consumables pertinent to our comfort and existence ….while creating jobs.

    Much Forex takes flight via repayment of foreign debt. CURB BORROWING, SHUFFLE what is available.

    Again, tapping the foreign student holiday (time out from school/universities) is a niche market for earning and building foreign exchange and a huge one when properly coordinated AND MANAGED.

    Tapping cruise ship visitors arrivals to a central location while exposing our culture and goods for a USD$ price, creates forex.

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  • “Where are all the 11-Plus slave boys and so-called island scholars. Yuh mean after all of this free miseducation not a boy can bring home a new industry.”

    That’s the problem Pacha…the scholars who have long spread their wings and broadened their horizons do not want to get involved with the slave minded, know it all destructive leaders on the island, it is counterproductive, demeaning and degrading.

    How does one go about deprogramming leaders who are slaves stuck in 1950s mode and attempt drag them into the 21st century without damaging your own psyche…it’s impossible, the population knows something is very wrong and can clearly see the leaders are out of touch, but are unaware that it is because their leaders are still slaves, unable to function and be creative and productive, unable to deprogram themselves and are dragging the whole island filled with people into an abyss.

    Speak to any scholar and they will tell you they are very aware of the situation, but it is a matter of preserving their own sanity…mind you, it does not mean they do not contribute to the island financially, it just means that they much prefer do so from a very safe distance thousands of miles away, without any interaction with the slave leaders..

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  • Unfortunately our Walter, after living outside for a long stretch, returned and from his last post, has been hit with a harsh dose of that reality, his conundrum is, how can he change that train wreck. I tried to warn him, but it is something he had to experience himself, ya have to be there to even believe it.

    We can only hope that this gang of DBLP misfits are the very last slave leaders we ever see enter the people’s parliament again, hopefully as a minority cabinet..and then eventually the island will be able to purge itself of slave leaders permanently..they are a shame and disgrace to the black race.

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  • Barbados is already bankrupt. Independence and education completely failed.

    Capital flight and emigration are a national duty to escape a heavily overpopulated island without economic prospect.

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  • Well well
    Maybe they also don’t want to live in a place where people think a prayer room at the airport is unneccessary. 🤐

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  • Well Well

    The scholar slave boys are not without fault as well, well

    Some of these people believe in things they don’t understand. Stevie Wonder, the musical philosopher, says when that happens we suffer.

    They have been programmed with religious doctrines that cause them to accept belief systems which have caused them to lose contact with what is real, factual, historical and spiritual.

    Then they efficiently reject anything not within their circle of awareness.

    The PDR defines such as the presence of a mental disorder.

    These slave ‘scholarly’ boys believe that somebody was raised from the dead, that some man walked on water, that some man fed a multitude with a few fish and loafs. Bare shiiite!

    That is why after 50 years of scholarships not one real scholar has made flesh for Barbados, with any world shattering discovery. This coming from someone who had the dishonor of having two within an immediate family.

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  • In essence, FIVE SOCIALIST parties compete in 2018. They all whoreship the Deep State with 40,000 civil laggards, at least 100 stat. corps and agencies and counsels and 1,100 crooked lawyers.

    Where is the liberal party liberating Barbadians from socialist slavery???

    A grand purge for the civil service is a national necessity, capital flight and emigration a national duty.

    Liked by 1 person

  • Reading all the comments is either amusing or shocking. People still believe that Barbados can be saved with more money for the civil servants and other needy folks, more socialist regulation and more socialist intervention. Fact is that Barbados runs out of forex in December.

    NO party in Barbados ever proposed a plan to reduce the number of civil servants, to reduce regulation and to privatize or kill all the state agencies and counsels. The relative number of civil laggards is higher than in any other Caribbean territory and the MAIN factor for the national decline.

    Liked by 1 person

  • pieceuhderockyeahright

    @ Tron

    You stated and de ole man quoteth “…NO party in Barbados ever proposed a plan to reduce the number of civil servants, to reduce regulation and to privatize or kill all the state agencies and counsels…”

    Ammmmmm….Let me see how WISELY one can say this remark about those of the snivel servants who have been like parasitic remora eels…

    No incoming government will be so stupid to announce what is inevitable but such actions cannot RATHER SHOULD NOT BE DONE IN A VACUUM…

    Like

  • The few of us who sojourned to Gall Hill, St. John last night heard Chris Sinckler promised to finish the campaign tonight at the DLP meeting scheduled for Carlisle Park. It will be interesting to see if the BLP reverts to its old ways as practice by a few of their members.

    Like

  • “Then they efficiently reject anything not within their circle of awareness.”

    just like the true slaveminded, the ones that did not leave Barbados are cursed with that affliction, they are slaves to religion, a nonsense Westminster system created to keep them enslaved and everything else in-between.

    The intelligent ones know they could not break that cycle of slavishness and stayed well away, the scholars who stayed to pander to their own slave instincts and what the system created for them are part of the problem. and will remain a part of the problem because that is all they want to know.

    Last year white racism started being called white terrorism on Facebook, the phrase has taken hold and is now being recognized as such, many are now working on having racism declared a mental disorder in white people worthy of institutionalization…

    with that said:

    I clearly see black people from parliament to the man in the street who still cannot recognize that THEY ARE FREE and should free themselves mentally AND STOP acting liking they are slaves owned by whites, Indians, syrians AND A SLAVE SOCIETY AND SYSTEM designed for that purpose….should be institutionalized for mental illness.

    Like

  • Enuff…with all the prayer rooms in airports across Europe and North America, millions of people including myself never entered them and it has not changed anything within us, it is a matter of choice and not to be used as a political tool and weapon at taxpayers expense to pimp votes from the minorities.

    Has Mia mentioned the prayer room to the people in Bush Hall yet….the same room that their tax dollars will be paying for.

    People are tired of yall slave minded pimping stupidity.

    Like

  • @Tron …Thank you for your Comments and I am happy to see someone Brave Enough who Paints a Realistic Picture that Socialism is the Culprit of our Ills.

    Of all of the Parties that are contending, Solutions Barbados does not have any Lawyers and they offer Pragmatic Solutions. In my opinion since Bajan’s love Socialism SB logical Solutions seem to be more Free Enterprise Based without advocating an Ideology that may put them at odds with most of the populace.

    In addition I am heartened by the fact that the leader of Solutions Barbados spoke out against the Gross Character Assassination of MAM. Grenville Philips is a man of Faith. Of all of the Parties if there was a Hope for Barbados SB may be the one to make it a Reality!

    From my Simple observation, how does the BLP & the DLP differ in their Ideology??? A Vote for B is a Vote for D…I am very concerned that unless we practice Free Market Principles with less Burdensome Rules, Regulations and Controls, the Reaper lies at the Gate!!

    “There is a Godly Option for Barbados. Vote wisely. Let our Faith Impact our Vote.”

    Do What Is Right & Let The Consequences Follow!!

    Like

  • @PUDRYR

    Agree with the last part of your statement

    No incoming government will be so stupid to announce what is inevitable but such actions cannot RATHER SHOULD NOT BE DONE IN A VACUUM…

    The size AND efficiency of the public service is a function of the systems they are given to do their work, the management quality and the capacity required by government to deliver and grow services. It cannot be done by slashing like blind elder.

    Like

  • David

    We find the calls by BLPites for an hithertofore unknown level of civility to be self serving, at best. It the woman thing and a defensive-aggressive maneuver to proactively protect MAM.

    We never considered that MAM needed any such protections. She can give as well as she gets.

    We would be better served if the politicos be themselves. That has been the only way we’ve learnt anything in the past.

    Those calls come from another place.

    In any event all BLP speakers seem to have orders to lionize MAM. That in itself attracts negative the attentions of her detractors.

    Let them have at it, man!

    Like

  • @Pacha

    Is it about MAM who has always been inclined to ignore or respond vaguely to attacks from critics? One gets the impression the BLP is trying to go high to tap in to a prevailing sentiment by the public which has been harvesting disgust at the the behaviour of the political class in recent years.

    Like

  • David

    All well and good, but that seems inconsistent with unusually strident determinations to win by both sides.

    Like

  • It will soon be over Pacha..

    Many of them have grand plans.

    old proverb:

    man makes plans, the divine laughs.

    Do you have any clue how many lowlifes are in the shadows waiting for their opportunity to rape the people and country, no matter that there is barely anything left, but they hope to find a way, so don’t let the piss up between pissant, mendicant political parities fool you, that is mere distraction.

    Like

  • @nineofnine, a few years ago the PM while speaking to a group of Barbadians in Brooklyn NY mentioned that $100 million is remitted to Barbados. Your suggestion/idea of ” DIASPORA AS FOREX SOLUTION” can work. However, as you pointed out, there must be transparency and devoid of the much little island red tape.

    Like

  • Are-we-there-yet

    I haven’t been following the BU debate on the elections closely this time around so my thoughts below may unwittingly repeat some or much of what has been said in various BU blogs on the topic. Anyhow, here are my perhaps somewhat muddled thoughts about the importance or otherwise of the manifestos and when they are produced and if there is any probability that a manifesto produced at essentially the last minute can sway a significant number of electors sufficient to make a difference in a typical DLP-BLP election.

    The real question is if a significant proportion of electors care anything about manifestos in general or rather regard them as only glossy promises for fools and not in any way social contracts. After the elections, both the winning and losing parties can plausibly or implausibly claim that the real situation they have now discovered on the ground ensures that the most grandiose of their manifesto promises cannot be implemented in the time frame the manifesto suggested because of a much greater lack of resources than they expected – De Treasury really empty in trut, but, don’t worry, we will still implement them but after a lag of 2 or 3 years. Of course, such claims won’t make much sense coming from the former Government side if it wins but they will make them nevertheless, perhaps using Chris Sinckler as the sacrificial cow.

    imho the manifestos are therefore relatively unimportant in predicting the outcome of the elections.

    I think the 3rd parties will only do marginally better than in the past, with no seats being won, but with perhaps UPP and Solutions getting back some deposits and Leroy McClean getting enough votes to do what was unlikely just a few weeks ago, i.e. cause the DLP to lose the St John seat.

    The perceived recent poor handling and performance of the country and the economy in a situation where the economy has consistently moved in the wrong direction (near to the bottom of the CARICOM pack) and seriously and negatively impacted on a large plurality of middle income and poor people is, to my mind, the most important indicator of which party the majority of the people will not support on 24th May. Few voters, outside perhaps a relatively small number of Tourism workers, have been unaffected by the huge inroads made by the numerous new taxes imposed by the last government over its two chaotic terms; too many students and their families have been affected by the unthinking attack made on their ability to go to UWI; The impacts on most pensioners have been wide and deep; the perception of unchecked corruption has been too widespread; etc. etc . The sufferers are unlikely to vote for that Government to return and render them more pain.

    The superficial typical measures now being taken are too little and too late to affect the coming flood waters.

    Like

  • The liars got caught:

    “Article by
    Kaymar Jordan
    Published on
    May 11, 2018
    Two days after the Electoral and Boundaries Commission (EBC) stoutly defended the integrity of the electoral process and openly dismissed allegations of discrepancies on the preliminary voters’ list of just over 256,990 people, Barbados TODAY investigations have revealed over 500 irregularities, the majority of which affect four constituencies in St Michael.

    These are St Michael South, currently held by Prime Minister Freundel Stuart, St Michael North East which is held by Barbados Labour Party (BLP) leader Mia Mottley, St Michael West Central in which the Democratic Labour Party’s (DLP’s) James Paul is the incumbent and the City of Bridgetown where the BLP’s Jeffrey Bostic is seeking his second straight term
    .
    However, errors were also identified in 27 of the 30 constituencies across the island.
    In all 592 cases found, voters had the same address and the same house number but ended up in different constituencies.

    In all 592 cases found, voters had the same address and the same house number but ended up in different constituencies.

    For instance, in one of 50 discrepancies which have been linked to the Prime Minister’s constituency, four members of the Haynes family all reside at #15, Old Quarry Road, Bayville, St Michael. However, according to the preliminary voters’ list released on April 30, three members of that household are down to cast their ballots at polling station BA3 in the City of Bridgetown and one in St Michael South at polling station UA1.
    The same situation has occurred at #22 Rochampton Road, Grazettes, St Michael with the Maynard family, with two members of that household slated to vote at polling station KB1 in St Michael North East, where 40 discrepancies were spotted, and the other at DB1 in St Michael North where the BLP’s Ronald Toppin is the incumbent.

    With that said, the majority of the discrepancies have been identified in St Michael West Central (77) where Paul defeated the BLP’s Ian Gooding Edghill by193 votes in the last election, and The City (69) where Bostic scrapped home just ahead of Patrick Todd by 124 votes. Over 30 errors were also identified in St James Central which the BLP’s Kerry Symmonds won by 68 votes.”

    Like

  • Bajan wisdom
    “An expatriate and his money are soon parted”

    “The system to accommodate this facility must be expeditious, EXPEDIENT, efficient and transparent in accountability.”

    Add:
    Audited at regular periods (at least yearly) , respond in a timely manner and in simple language, provide definite answers and not just a note acknowledging receipt of your correspondence,…. the list is endless

    Like

  • David May 13, 2018 9:43 AM…”It cannot be done by slashing like blind elder”… in regards to Slashing the Size of Government…

    Everybody knows you cannot Slash like Blind Elder but you have to Slash with your eyes Open not Blind. But you do not want a Machete you want a Chainsaw to accomplish the job. With the Removal of Regulations means Less Enforcement so half of the work of the Chainsaw is Done!

    The Government in Barbados is grossly oversized employing 20% of the workforce. That is a tremendous burden on the taxpayer. I would prefer to see more people in Barbados work less for the Government. I want them to have the rewards of their own industry. This is the chief meaning of Freedom. “A man’s right to work as he will, to spend what he earns, to own his own property, to have the state as servant and not as master, they are the essence of a free economy, and on that freedom all our freedoms depend”. Margaret Thatcher.

    One has to Admire Rihanna’s Tenacity to Work hard to reach her level of achievement demonstrating to all that just a kid from St. Michael willing to use her Talents and Abilities can achieve what she has put their mind to. Rihanna is a true Entrepreneur with numerous businesses under her belt.

    Rihanna knows how to handle her businesses — that’s why she’s the CEO of multiple companies and foundations!

    RORAJ TRADE
    Named after her brothers Rorrey and Rajad (RO-RAJ). The company owns trademark to “Rihanna”, “Rebelle By Rihanna”, “Rebl’l Fleur”, “Clara Lionel Foundation”, “$chool Kills” and more. The company is based in New York City and Los Angeles and it run in partnership with Rihanna’s management Roc Nation.
    RIHANNA ENTERTAINMENT
    In August 2010 Rihanna started yet another company. Rihanna Entertainment merges all of her “businesses, including music, film, fragrance, fashion, and book ventures,” the pop star shared with The Associated Press.
    FENTY CORP
    Rihanna’s creative team with Ciarra Pardo as the Creative Director. It hires multiple staff, including consultants, project managers, assistants etc.
    WESTBURY ROAD ENTERTAIMENT
    Rihanna’s own record label. The first song published under this company was FourFiveSeconds featuring Kanye West and Sir Paul McCartney. The name comes after the street where Rihanna was living in Barbados until she moved to America. The company gives Rihanna more control over her music.
    VISION NATION ARTISTS
    Rihanna’s beauty and stylist agency with managing partner Benoit Demouy, formerly of the agency Tracey Mattingly. The Los Angeles-based firm assists artists in booking commercials, editorial shoots, ad campaigns and red-carpet gigs. “Hair, makeup and styling play an important role in creativity,” Rihanna told THR. “I am very involved with that part of my process, so this agency was an organic thing for me to do. We are lucky enough to have some of the best artists at Fr8me, but I also have a soft spot for finding new talent with extraordinary skills!”

    Rihanna through her Drive and Determination is in a position where she can give a hand up, ‘not a hand out’ to assist others through her scholarship fund and other benevolent causes from her own pocket, not someone else. Her Motto is Work, Work, and Work.

    Bajan’s Do Not Have To Aspire To Work For Government!

    Like

  • You cannot Cut the Size of Government alone you have you have to Create opportunities by cutting Taxes, Duties, Levies etc…

    Thereby Encouraging Investments. You can also encourage Investments through Merit and Financial based Immigration. You can get wealthy Individuals to invest in Barbados by offering them citizenship by Investment. These Financiers with those skills of money, management and know how will create not just Local Businesses but world Class Business to be Competitive.

    Is Free Market Capitalism moral or greedy? If it’s based on greed and selfishness, what’s the best alternative economic system?
    Perhaps socialism? And if Free Market Capitalism is moral, what makes it so?

    Walter Williams, a renowned economist at George Mason University, answers these questions and more.

    Like

  • TheoGazerts May 13, 2018 10:48 AM

    Excellent addition TheoGazerts… surely some tweaking is necessary, the concept is most feasible.

    Like

  • whiteHill May 13, 2018 10:20 AM you commented

    @nineofnine,…” few years ago the PM while speaking to a group of Barbadians in Brooklyn NY mentioned that $100 million is remitted to Barbados. Your suggestion/idea of ” DIASPORA AS FOREX SOLUTION” can work. However, as you pointed out, there must be transparency and devoid of the much little island red tape”

    Now that’s a few years ago…$100 million by remittances only.
    To think that the US economy is reviving, that number can grow exponentially

    What I am proposing here is a strategic investment not a remittance per say.
    Your monies are safe in a Central Bank account.
    The Forex is used for sustaining the economy while its equivalent with added interest and benefits is secured.
    Be accessible again at your disposal after a short period. no penalties added.

    Like

  • @Hal Austin

    The problem with economists is that they are very good at theorizing and prescribing but are seldom able to come up with implementable strategies, let alone implement them. This much you are tacitly admitting. Part of my background is in management and consulting where one has to clinically analyze a situation and then come with workable solutions, including how to implement them, if you want to get paid!

    I reiterate that the critical problem, at this juncture in Barbados, IS foreign exchange. But this problem can be practically addressed immediately! In the 2015 article to which I referred, I explained how this might be done. I will quote freely from that article but since I wrote it under my real name I will not provide the citation.

    The main title of my article then was “Structural Adjustment”; however, foreign exchange and economic growth were major related themes. Back then I said the following, inter alia:

    “In theory, a country can undertake voluntary structural adjustment, that is, without involving the IMF. That would call for both insight as well as strong political will on the part of the leaders of the country. Needless to say, we in Barbados have not made any serious attempt to do any “voluntary structural adjustment” over the last fifteen to twenty years…

    My proposition is that whatever adjustments are made to achieve long-term stability, the balancing of foreign exchange must be the primary goal simply because we are heavy [net] users of foreign exchange and will continue to be for the foreseeable future.

    Some economists and business people believe that growth is the prized economic goal. Therefore, much effort is expended on citing and comparing growth statistics….Not surprisingly, the notion of economic growth, like IMF Structural Adjustment Programmes, has been roundly criticized. See for example, http://www.oecdobserver.org/news/archivestory.php/aid/1518/Is_GDP_a_satisfactory_measure_of_growth_.html.

    Structural adjustment, simply stated, is the initiation and management of changes …in the kinds of economic activities undertaken by a society. For many years, Barbados has been heavily dependent on tourism; in previous times it was sugar. Although we have other economic activities such as retailing and some manufacturing, the economy still depends heavily [on one] economic activity.

    To bring about structural change, the country has to change its mix of economic activities. But those changes, it is argued here, should be focused not so much on growth, but on foreign exchange management.” [END OF QUOTE]

    Implementation
    Below I summarize the implementation of what I proposed in that article where I used an extended but simplified example of a two-sector economy.

    The first requirement is to begin an analysis (“studiation”) of foreign exchange use. This is how I stated it back in 2015:

    “The key, however, is that in strategizing for structural change, economic activities have to be divided into those activities that use [consume] foreign exchange and those that earn foreign exchange.

    I don’t know that there are any absolutely foreign-exchange-neutral activities; therefore, it may even be necessary to further subdivide economic activities on the basis of whether they earn or consume foreign exchange directly or indirectly. Irrespective of the approach taken, foreign-exchange consuming activities will have to be reduced and at the same time foreign-exchange earning activities will have to be increased. That is the basic principle that must be applied to bring about structural change in Barbados.” [END OF QUOTE]

    Policy makers will need to understand that in so doing, some employment may be lost from the foreign exchange consuming activities (in the article, I used car dealers as an example). This is inevitable but not unmanageable. Government support systems (e.g. unemployment benefits) will take care of temporary fallout, AS A FIRST RESPONSE.

    However, this is not enough. Supporting policies/ strategies are needed on two levels: 1. Policies to incentivize investment in foreign exchange earning activities and 2. Competency-based programmes to retrain retrenched workers to transition to those activities.

    Clearly, the partly zero-sum effect of these changes may mean that economic growth, as measured traditionally, might remain unaltered or even fall temporarily AS THE ADJUSTMENT IS IN PROGRESS! That is why economic growth itself cannot be the sine qua non or main policy objective for Barbados at this time!

    In summary, there can be no “pain-free” way to bring about structural adjustment. One thing is clear, however; we can do it for ourselves or have the IMF force it upon us!

    Giving Up Is Not an Option!
    This is the eleventh hour. We HAVE to vote and vote for a leader who can take these tough adjustment decisions; a leader who can take us into his or her confidence and tell us, honestly, how their plans will work, admit the potential problems upfront but also articulate and implement strategies for dealing with them; AND… a leader who has the strength of character necessary to stick with the “programme” to the end. This is the time for statesmen and stateswomen, not politicians!

    Like

  • @Doc Martin

    This is a discussion that will must occur after the 24 May for obvious reasons.

    Like

  • @ Doc Martin

    In your discourse, you did not mention the how to deal with National Debt which the bulk of earned foreign exchange facilitates. Your solution is anticipated..

    Like

  • @David
    It’s a kind of “damned-if-you-do, damned-if-you-don’t” situation! So…yes, amigo; absolutely!

    Like

  • @nineofnine, you’re absolutely right. I could’ve made it clear that if such sums of money can be had to be remitted, why not go a step further and implement a program as you have outlined. I could’ve misinterpreted the feelings and attitudes of Barbadians in the USA diaspora, but 3+ decades there I believe I saw a love and loyalty to island, family and friends back home that now being ” A RETURNING NATIONAL” i don’t see exist among those here who have never left. This love and loyalty if exploited as you pointed out can and will alleviate some of the forex crunch. I must point out that if such a plan is put in place, it must be devoid of political lackeys and others who think getting vex at a drop of a hat is a national past time.

    Like

  • ””’The few of us who sojourned to Gall Hill, St. John last night heard Chris Sinckler promised to finish the campaign tonight at the DLP meeting scheduled for Carlisle Park. It will be interesting to see if the BLP reverts to its old ways as practiced by a few of their members.””

    David

    You remember the 1999 elections, when David Thompson made a similar palaver about an IMF document he possessed to show that OSA was intending to go to the IMF, ala Jamaica, after the elections.

    At the Park on the appointed night before the general elections, it ended in a dud. Credited to his evil genius Austin Tom Clarke, ended up as a useless propaganda trick which costed Thompson and the DLP the elections of that year.

    Has it occurred to you that Sinclair is taking this play from Thompson’s playbook?

    Like

  • @nineofnine

    Point taken. That’s W.I.P.

    Cheers

    Like

  • @Pacha

    Of course!

    If you watch a replay of his presentation from last night it is evident to the mildly discerning that he was making ‘stuff’ up on the fly.

    Like

  • @Doc Martin

    Btw liking your analysis, we obviously have to shift the sector mix as you have touched on, not dissimilar to how leading businesses do with their product mix to anticipate movement in revenue streams caused by market volatility.

    Like

  • Doc Martin May 13, 2018 2:16 PM

    I reiterate that the critical problem, at this juncture in Barbados, IS foreign exchange. But this problem can be practically addressed immediately! In the 2015 article to which I referred, I explained how this might be done. I will quote freely from that article but since I wrote it under my real name I will not provide the citation.(Quote)

    You can reiterate as much as you like, you will be wrong each time. About your article, you could have referenced it without revealing you are the one and same person as the author. You have outed yourself.
    As to management consultant, there are literally hundreds of business schools all over the world. Every university has a business school attached, even UWI.
    By the way, the Barbados business culture does not tolerate consultants, especially Bajan ones. They prefer free ideas and advice but do not like paying for it – unless it is taxpayers’ money they are handing out.
    I say again, stop the received nonsense about foreign reserves and think seriously about our declining situation.

    Like

  • David

    Can’t seem to find them on youtube. In fact, we haven’t seen any dlp meetings for a few nights. Thought they were not on line. Have a link?

    Like

  • David

    Of these politicians ,worthy of trust, is the one who is so pure that our guillotine is repelled by his/her purity.

    Not one has survived the judgement of our blade thus far. LOL

    Like

  • millertheanunnaki

    @ Doc Martin May 13, 2018 2:16 PM

    What you are prescribing, ‘expertly’, as medicine to form part of the structural adjustment regimen of the Bajan economy is nothing new and to which the current administration has been privy to since the IMF visit of 2013.

    Your recommendations are reflected in the Minister of Finance December 2013 Statement on structural adjustment of the economy and public sector operations.

    The problem facing Barbados, the land of academic fast talkers and bullshitters, is one of Implementation Deficit. It is almost 5 years since the diagnosis and prescribed course of correction and nothing has been done.

    Just look at the state of the SOE’s and see what corrective surgery has been performed to stem the fiscal hemorrhaging other than to starve the operational blood vessels of much need investment as in the case of the Transport Board.

    The only way out of this homegrown mess is a long recommended visit to Dr. IMF.
    Such a visit should have been undertaken since 2014-2015 when the sweet-living patient called Barbados first showed early signs of economic necrosis.

    The now diabetic patient is about to lose an entire foot instead of a toe or two.

    Like

  • @ Doc Martin May 13, 2018 2:16 PM
    Thank you for raising the level of this Debate on BU with your Knowledgeable Contribution.

    The Structural Adjustments to which you are referring might be workable but painful and I agree with you that the foreign exchange position is the biggest Problem in any Change going forward. I would like to make a Suggestion that Barbadian Citizenship should be granted by Investment of a Deposit not less than 3-5 million US Dollars in the Local Banking System to be used for Investment, Spending, for Starting Businesses and setting up Holding Companies.

    Just Attracting 100 of these High Worth Individuals who may desire to have an additional Citizenship of another Country (Barbados) will net the foreign exchange position by 300-500 Million US Dollars. And that is only for a hundred people. If we can encourage these Wealthy Individuals to seek greater Participation in the Local Economy through the formation with partnerships with local Entrepreneurs bringing with them their skills in Finance, Big Managements Know How, that will raise the local Companies reach Globally.

    Because of Overstock.com investment in Bitt, Bitt’s technology has the Potential of very soon reaching the financial sector globally. Barbados has a lot of Information Technology Talent, these people just need funding, reach and guidance which is what these high worth individuals can Contribute. Imagine if you opened up the Citizenship to a 1000 of the these Rich Individuals that would give you a in-flow of 3-5 Billion US Dollars that could more than pay off the Barbados Debt with no IMP in Sight.

    The Rebel Rousers who will say you can’t sell Citizenship want to only give it away for Free as is the Presently done. For example the Problem with giving so many Guyanese people Citizenship is that money is sent back to Guyana and it can only go as foreign exchange. Just the same way that Bajan Yankees send money to Barbados, Guyanese sends money to Guyana. Which would you prefer Save Barbados with the In-flow of (3-5 Billion Us Dollars) or ship foreign exchange out of the Country. Where there is a Will there is a Way. We are not talking about investors like the Sandals Group who extracted Duty Free and Tax Concessions from Government and then turned around and import everything down to a Napkin Duty Free.

    Solutions Barbados has said that they have a Way that within one year Barbados would be Righted without Austerity. Our Choices are either Choose the DLP meaning Certain Death or the BLP Austerity and IMF or Solutions Barbados, no Austerity and a Way Forward. The Choice is Quite Clear.

    I would like to make it clear I am not affiliated with Solutions Barbados and my suggestion above that Barbadian Citizenship should be granted by Investment I do not know f this is a Platform of SB. All I am saying where there is a Will there is a Way.

    Like

  • @Freedom Crier May 13, 2018 6:16 PM

    Thanks. Let’s hope we can all take it even higher.

    I like your Barbadian Citizenship by Investment proposal; particularly, since it has been tried in several countries. Below is an excerpt from the website: http://www.henleyglobal.com/citizenship-by-investment/

    [START QUOTE] Grant of Citizenship on the Basis of an Investment

    Most countries have provisions that allow their Government to grant citizenship in return for major contributions to society, culture, the economy, and other interests of the State. However, this discretion of the Government is exercised extremely rarely.

    Several countries had programs in place at different times in the past which were specifically designed to attract foreign investors in return for citizenship. These include Ireland, whose program was terminated in 2001, Belize (until 2002), Grenada (terminated 2001 but reopened in 2014), Cape Verde, Seychelles, Slovakia, and several others. [END of QUOTE]

    The excerpt leaves out Canada which made a special attempt to invite Hong Kong citizens to emigrate to Canada when Hong Kong was returned to China in 1997. Since then the Canadian strategy appears to have become more elaborate as the following excerpt suggests:

    [Start Quote] At the federal level Canada has an Immigration Investor Program that allows qualified investors and their families to receive permanent resident status in Canada. Applicants must show that they have business experience, have a minimum net worth of about US$1,552,000, and have made a passive investment of approximately US$776,100. In addition to certain other requirements, applicants need to meet five selection criteria, which include business experience, age, education, languages, and adaptability. [END of QUOTE].
    [Source: http://www.loc.gov/law/help/investor-visas/canada.php ]

    So it can work; we have just have to be careful whom we invite by setting appropriate criteria.

    Like

  • You are Welcome Doc let see what can Happens Positively for Real Change in our Country…We need to think Outside the Box and Remember that the Sky is Not the Limit… Barbados needs Free Thinkers and Doers to Pull our Country out of the Abase!

    Like

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