Central Bank Economic Review of Barbados’ Economy January to September 2018

Central Bank of Barbados Governor Cleviston Haynes delivers the Bank’s review of Barbados’ economic performance in the first nine months of 2018 and takes questions from members of the media.

 

Press Release September 2018.pdf

168 comments

  • Why is owen Arthur’s remarks not on the front page of the Nation newspaper?

    If these were critical remarks against the last administration – then you would be guaranteed to see this on the front page of the Nation and to hear it being repeated over and over on VOB .

    Liked by 1 person

  • The one point that OSA made that is critical to recovery is govt creating a growth path
    The onslaught of levy taxation would slow down the the financial revenue which should be a result of people spending less
    Draining and emptying peoples pocket all at the same time is a recipe for economic disaster even worse than downgrades
    Once again instead of govt reigining on debt govt has expanded debt
    Another set of smoke and mirrors coupled with vodoo economics

    Liked by 1 person

  • The govt of barbados has put this country under tremendous and unbearable stress for a very long time
    Shadows of Jamaica and its ties to IMF programs already permeates this tiny island
    An island with a very small population asking to bear the brunt of the IMF program
    Where is David Commisiong when the people voices need to be heard
    For one his input in past govt policies have all but continue to catspraddle down town and surrounding environs into a ghetto

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  • Enuff in Wonderland…do you think it is time to tell Donville that the federal prisons in US are no longer copacetic…they are not cool at all…ah think he should know, he is yall friend right??

    http://www.nydailynews.com/news/crime/ny-news-whityy-bulger-body-sleeping-beat-cell-20181102-story.html#nt=oft-Single%20Chain~Flex%20Feature~center-chain~whitey-10a~~1~yes-art~curated~curatedpage

    “The prison has been suffering from a staff shortage sparked by the Trump administration’s federal hiring freeze in 2017, officials said.

    Last week, five members of Congress wrote to Attorney General Jeff Sessions about what they dubbed a “dangerous continual under staffing” at federal prisons in West Virginia and Pennsylvania — among them USP Hazelton, which houses nearly 1,300 male inmates”

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  • @William

    What we you saying, as the country pay down debt austere conditions will apply until th debt to gdp reaches 60%? What do you anticipate the standard of living will be if we attain 70?

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  • peterlawrencethompson

    @Mariposa November 2, 2018 12:51 PM
    “The govt of barbados has put this country under tremendous and unbearable stress for a very long time.”
    ++++++++++++++
    You are correct! The DLP government did indeed do this… and the damage is lasting a long time past their tenure in office.

    Liked by 1 person

  • De ole man WILL SPEAK OF WHAT DE OLE MAN KNOWS TO BE TRUE AND NOT WHAT IS SPECULATION

    The IDB has a wide range of loans which are accessed by various governments.

    Some of these loans are under what they call “legacy frameworks” which can be “repurposed” after consultation.

    So Honourable Blogmaster when you say and i quote “…Isn’t the IDB loan to resurface that stretch as brought forward from the last government?” while a number of subprojects will form part of an IDB approved loan, the borrower can make representation to the IDB and have certain elements of that loan changed.

    Here is what de ole man WILL SAY about that stretch of road that is now targetted.

    IT IS EASY TO DO and the amount of money to be made AND THE KICKBACKS TO BE RECEIVED BY THE MINISTER will be substantially more that focusing on a road that has a greater need BUT WILL REQUIRE MUCH MORE EFFORT euphemish for less profit and more money in the pocket of the minister (of Finance and the one at MTW)

    Wunna really does act like class idiots in TRUFE doah, but leh me lef dis class before de ole man get tell how ingrunt he is and how he coc$ is hurting cause de victim claiming dat his well used rectum “too tight”

    heheheheheheh

    For many of the pretend pundits here de ole man will suggest that, If wunna do not know how the IDB loans work, please reach out to people who DO KNOW, like the very knowledgeable, extremely principled and now retired IDB specialist, Bruce Hackett and stop talking through wunna pooches

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  • @ the Honourable Blogmaster

    Although cockroach has no reason to be at Fowlcock dance de ole man asks your assistance with an item here about allowable repurposing of IBD loans, in abeyance, thank you

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  • Shabba Ranks..truth to power.

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  • @ the Honourable Blogmaster

    And lest the naysayers claim a collective amnesia de ole man shall point them to the article and the words of Mugabe Mottley

    “…BRIDGETOWN, Barbados, Thursday June 21, 2018 – Prime Minister Mia Mottley says her Government will seek to access millions of dollars in loans that had already been approved by the Inter-American Development Bank (IDB), but which the former administration failed to access.

    She made the disclosure following a meeting with IDB President Luis Alberto Moreno, and his team, at Government Headquarters yesterday….

    …I refer to a loan to strengthen human and social development in Barbados, 90 per cent of that remains undisbursed and that loan was signed since September 2015. HE ROAD REHABILITATION PROGRAMME, WHICH IS US$25 MILLION AND US$24.7 MILLION, REMAINS UNDISBURSED. IN OTHER WORDS, WE SPENT US$300,000 EVEN THOUGH THAT LOAN WAS SIGNED IN NOVEMBER 2015, and I am sure Barbadians would be surprised given the state of our roads today,” she said….”

    The Rt Honourable Mugabe is on record as saying that “…Minister in the Ministry of Economic Affairs and Investment, Marsha Caddle, had been given the responsibility of getting those loans fully functional…”

    in fact, Mugabe said the words “tweaked” – synonym “twist” – synonym “distort” ooops sorry

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  • lol….murdahhhh!!!!!

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  • lol…..Enuff of yardfowl…what say you now..I am here dying..lol..murdahhhh!

    “IT IS EASY TO DO and the amount of money to be made AND THE KICKBACKS TO BE RECEIVED BY THE MINISTER will be substantially more that focusing on a road that has a greater need BUT WILL REQUIRE MUCH MORE EFFORT euphemish for less profit and more money in the pocket of the minister (of Finance and the one at MTW)”

    “For many of the pretend pundits here de ole man will suggest that, If wunna do not know how the IDB loans work, please reach out to people who DO KNOW, like the very knowledgeable, extremely principled and now retired IDB specialist, Bruce Hackett and stop talking through wunna pooches.”

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  • The loan can be repurpose after drawdown or before?

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  • If a loan is approved for one purpose it just cannot be ‘repurposed’. It must be renegotiated. If your bank approved a loan to you after approval you cannot change your mind and use it for something else without authority. That is called fraud.

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  • What a thing..

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  • @ Hal Austin

    Hal I used the word “re-purposed” but you are correct, the correct word is “renegotiated” which is more in keeping with a bilateral re-purposing of the original loan.

    The way that the IDB would look on an agreement designed for the repair of roads is, not that they would stringently adhere to a listing of roads, but if, for example, as has happened here, the original road loan was not drawn down on, and had gone into a lapse, and, additionally, in the effluxion of time, a more critical thoroughfare has a more pressing need for the funding, they would be amenable to the requests of a government.

    In fact let the ole man speak to you of the behemoth Martin? Cox Senior a giant of a Permanent Secretary in the Ministry of Finance. One of the few men who told Owen Arthur no to a contravention of the Financial Rules.

    Mr. Cox was the National Indicative Officer for many Development Loans from almost every Development Agency this country has negotiated with.

    Such was the skill of this man that he on a number of occasions was able to renegotiate National Indicative Programming balances for mutually agreeable national programming.

    THe expertise is available here in Barbados to bring the country out of the doldrums and out of the hands of the IMF BUT the Mugabe Regime does not (a) know how to ask respectfully since they are a horde of arrogant wilder-beasts and (b) want everyone to believe that “we got this”

    But watch what happens on Jan 31 st 2019

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  • pieceuhderockyeahright wrote that MIA said ” THE ROAD REHABILITATION PROGRAMME, WHICH IS US$25 MILLION AND US$24.7 MILLION, REMAINS UNDISBURSED. IN OTHER WORDS, WE SPENT US$300,000 EVEN THOUGH THAT LOAN WAS SIGNED IN NOVEMBER 2015, ”

    So MIA is blaming the DLP for not spending US $50 million dollars in borrowed money.

    She should be thanking the DLP for arranging the loan which she can spend and take credit for spending it wisely.

    Liked by 1 person

  • @Piece,
    I take your point. Not to digress, I am confused why they want to borrow millions to build roads when so many people need decent homes. Are these roads for the middle class SUVs?

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  • @ Hal Austin

    Hal, right now Domino’s pizza is running a campaign about fixing roads where the clients send in noticications, imagine that for a promotion for a pizza company?

    My point is this.

    Every man jack in Barbados has a smart phone. If you take a picture of a Barbados Light & Power pole and send it into Dr. Philip Corbin at BL&P or give the dispatch people the polenumber dem know where to send a team to fix a blown bulb.

    De same thing with Digicel if you want a telephone run to your house.

    So with these tow examples UP IN YOUR FACE it becomes pretty obvious that Barbadians have the ability to fashion a new type of “Participatory Democracy” where you can use an app on your phone Hal and send in a picture and a GPS coordinate for a bad road.

    Dat is whu de ole man Crime Buster App does help people do Hal, participate in mekking you neighbourhood better. If de water pipe bust, send a pic, if de light blown, send a pic, if you see a crim send a pic and the app, which is segmented, permits you to send these things to the correct authorities.

    Even if we are saying that a layman/woman cannot tell if a road is “bad” technically, the way i figure it is that (i) frequency of complaints (ii) coupled with site visits by authorities should (iii) produce a heat signature of the prioritized roads that need repairs and (iv) based on all of the above, coupled with length of complaints and traffic count (v) the repair would be prioritized

    Look Hal, is you really want to get a “buffalo bucking between you legs” without going on a steer? Catch a Pie Corner St Lucy bus, that does jerk our you insides day and night.

    If you wear dentures DO NOT GO ON THAT BUS MY MAN or if you do, dont talk to no woman without using polydent!! or you teets going embarass you worse that teets embarassing barbados

    Liked by 1 person

  • WARU aka Abigail
    What’s your point? Go learn the difference between a candidate and an MP and stay in your lane.

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  • David
    The loan seems to be for more than road resurfacing. Does the IDB provide loans to repair all classes of roads?

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  • @ Enuff
    Boss … rather than continue to insult WARU, could you not just explain why it makes sense to do such substantial repair on a road that is relatively new …and that appears to only need a few fairly minor repairs?

    In fact, while you are at it, can you explain what the BLP will be doing DIFFERENTLY from the previous set of jokers who ALSO seemed to associate the throwing of MILLIONS of dollars around at roads that fall back into disrepair in short order….as road ‘WORKS’.

    Why the hell can we not learn of the MASTER PLAN to ensure ONGOING high quality roads like we see in other countries?

    COW did that SAME process of scraping off the top layer and resurfacing on MULTIPLE roads that quickly reverted to potholes.

    Do you understand the prognosis of doing the same shiite over and over ….and expecting different results…?

    Liked by 1 person

  • Which is the better option stealing ole people money to pay debt or selling an assets that is costing govt millions of dollars yearly to keep afloat

    Liked by 1 person

  • so govt borrow money to resurface the road
    question with thousands of vehicles travelling on those roads daily how long can resurfacing take the daily onslaught of these vehicles
    how much will it cost the taxpayers for the money borrowed which will be used to resurface the road
    The time for resurfacing is long past the country needs brand new roads
    Here again is govt throwing good money after worn out infrastructure that resurfacing can only hold for about four years
    another example of HOW THE SEWER SYSTEM came to be

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  • Bushman…the corruption is too sweet, with everybody having offshore accounts…hello..

    The Mexican dudes who own Arawak cement plant offered to use the concrete technology ..they have the equipment, these dudes in Mexico know how to build concrete tunnels, concrete roads are nothing for them, with a 25 maximum year roadworthy life, but did the then government want want it..hell no, corrupt Michael Lashley refused because we done know they prefer borrow money every three years from IDB when Cow’s lousy quality road works falls into disrepair and they can all collect collect kickbacks by applying for loans…proceed with SHODDY WORK AND MAKE COW RICH AT THE TAXPAYERS EXPENSE..

    ….every 3 years like clockwork they run that scam, both government…Mia did not even let 6 months pass before she continued the tradition.., 25 years of good quality concrete roads is to long for them to wait to waste taxpayer’s money AND collect their bribes…

    And yardfowl Enuff got talk fo me…Mia knows the Arawak people were bidding for the roadworks project to fix the worse roads so they could last at least 20 years…but did she contact them…oh hell no, she went after Cow AGAIN…to continue the 3 yearly scam of shoddy road work AND guaranteed kickbacks to government ministers.

    .and that little yardfowl got talk for me..

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  • Donks Gripe and Josh

    pieceuhderockyeahright
    November 2, 2018 5:55 PM

    Your mention of Teets embarrassing our motherland prompted me to listen to an entire Jackie Stewart video for the first time. She’s got up an astonishing number of videos on the subject of Pain and Teets. When is this going to end? She takes George Pain and Teets Marshall to the cleaners. She’s incensed Pain is acting PM again. Cant remember hearing politicians being so viciously insulted. Are they going to take this ad infinitum.

    She goes on tangents attacking the polices of the BLP but always returns to blister blind Payne and Teets with abuse and accusations . The barrage of allegations and the shredding of the characters of Payne and Teets is at a different level. What is their response? Thought by now they would have taken legal action to make Stewart cease and desist .

    Teets did say there is no case against him. He claims innocence and that he won some case relevant to the matter she curses his backside on. He didn’t elaborate and no one seems to know what he is talking about. Where are the lawyers on BU ? Has any of them posited a legal opinion on this nasty duel Stewart versus Payne and Teets and how can it be brought to a conclusion one way or the other. As you stated its embarrassing to Barbados the longer it continues.

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  • @ WARU
    Where do you get this 25 years thing from?

    The textbook life of a concrete road is 40 YEARS ….. while needing FAR fewer repair interventions than does asphalt.
    In other words, …hardly any potholes.

    A good asphalt road (an oxymoron in Barbados) can get you ten years.

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  • BushTea
    Go ask the BLP what they are going to do and the technical staff at MTW why those roads were chosen? I am not an agent of the party or of government. The roads were chosen back in 2015 and it is nearly 2019. Our problem is that we are experts in everything–road building and repair, GPS, mapping, cryptocurrency, development planning, land use planning, public policy, loan agreements, economic development, marketing, innovation and everything else under the sun. 🤣🤣
    Abigail and her cohorts call me a yardfowl daily, which I find extremely funny as much as I find taunting her enjoyable.

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  • @ Bush Tea,

    Road building in Barbados could include ” planned obsolescence “. Road repairing is highly profitable business for contractors.

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  • @ Brother in Arms Bush Tea.

    Look I am not one of these engineers like the Chief Technical Officer at the MTW.

    The closest that i have come to building a road is *** which was for *** and what was involved there was clearing 200 feet, fortunately finding limestone rock, (it was in st Pharlup, at 1 foot, bringing marl and wetting it and compacting it, digging out the sides to put in boxing, and then putting in tie rods, for the BRC to be attached to, den pouring de concrete. ohhhhhh and o forget how we used car grease and put slivers of 1/4 inch ply between the poured sections every 6 feet (some of them still stuck because the ** we told to take them out in 24 hrs left them for 3 days)

    But I figure that it is a science relative to all of the load bearing numbers and ting.

    I went here to FAO and dem give this big complicated ting http://www.fao.org/docrep/t0579e/t0579e06.htm but you know what bush tea? de ole man looked at the roads in Grenada and I said, someting in in the constituency of dem roads dat does mek dem last!!

    Sure enough de ole mand see dis part dat jump out pun me like how Teets and Pain jump and went and change Ermine’s Will the day after she passed.

    “4.6 Surfacing

    Surfacing costs are a function of the type of surfacing material, the quantity of surfacing material per square meter, and the length of haul. Local information is the best guide in constructing surfacing costs due to the wide range of conditions that can be encountered…”

    This part of the exercise, in conjunction with the substratum, can mek or brek a feller.

    But tek a road and de concrete roads out by Pelican Village by Reef Road and you will realist that they have been down for 40 badword years and COW nor Rayside ent get no “refresh” contract for dem AND DEM IS VEX VEX VEX!

    I would go to Grenada at https://www.gov.gd/ministries/works.html or Trinidad and ask dem for the constitution of their ASTM standards since

    “…Road surfacing materials utilizing Trinidad asphalt TEND TO DISPLAY SUPERIOR PERFORMANCE CHARACTERISTICS IN WIDE TEMPERATURE FLUCTUATIONS. FOR THIS REASON, AIRPORT RUNWAYS AND HIGHWAYS DESIGNED FOR HEAVY TRAFFIC IN WIDELY VARYING TEMPERATURES PERFORM BETTER when Trinidad asphalt is used in the surfacing material…”

    I jes foolish so Bush Tea, I does doan like doing, but one ting more dan once heheheheheheh especially when dem like de standards dat Hants does be recommending and the Old David of BU does be endorsing? my man I still remember that recommendation draped in the flag of Jamaica, my man, looka

    But back to the main subject.

    I beleive that the IDB and dem gots a responsibility to make sure that we get the quality of roads that we are paying for and that they should have a QA component where they come and test the roads and make sure that if they do not comply, THE CONTRACT SAY THAT THE ROAD MUST BE REPLACED FREE OF COSTS BY THE PROVISIONER!

    We cant afford this type of lax works any more it is a simple as that.

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  • Come on Enuff….
    How does asking for an explanation make us ‘experts at everything’…?

    It just DOES NOT ADD UP.
    How can our loans be WAY to high … and yet wunna using borrowed money to fix good roads…?
    Why not just GIVE BACK the IADB their damn money …and reduce the debt a bit…?

    All Bushie is asking is for you to explain the new maths being used….
    Since when are BLP ministers committed to completing a stupid deed started by the DLP?
    …so stupid in fact that EVEN Lashley left it alone?

    More importantly, since when were you NOT a BLP agent/ spokesman Bozie…?
    LOL
    ha ha ha

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  • @ the Honourable Blogmaster your assistance please with an item here for Bush Tea thank you.

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  • @ Hants
    Road building in Barbados could include ” planned obsolescence “. Road repairing is highly profitable business for contractors.
    +++++++++++++++++++++++++
    An uninitiated blogger could well be tempted to conclude thusly….
    However, since we ALL know that Mia cares ….
    AND that Enuff is a man of PRINCIPLE,…
    There just HAS to be another explanation….
    ….one that makes sense.

    …agreed?

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  • “Bush Tea November 2, 2018 6:57 PM

    @ WARU
    Where do you get this 25 years thing from?

    The textbook life of a concrete road is 40 YEARS ….. while needing FAR fewer repair interventions than does asphalt.
    In other words, …hardly any potholes”

    Ah was fudging, ah could not remember the exact timeline.

    …..40 years is how long it took both governments to concretize their 3 yearly kickback scam with the Cow shoddy road works..if they go the concrete roads route as the Arawak people are capable of delivering…ministers of government will never collect another bribe in their lifetime and ya done know the Mia government don’t want that or they would have kicked Cow’s corrupt ass to the curb and contact Arawak..to deliver proper roads to the island..

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  • BushTea
    It is not my fault if my support for the party is purposely misconstrued as an agent by demons.➕

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  • @ Donks Gripe and Josh

    While it is somewhat of an aside, it does speak to the heart of the matter of “value given for the monies paid” without the facilitators teifing what belongs to people whether we are speaking to taxpayers or the true land owners.

    In similar vein, the same way you see people coming to the Rum Shop every day and “griping” bout evey ting under the sun (i had was to used dat word deah) is the same way that the Ladies of the UK, WILL CONTINUE TO SPEAK OUT ABOUT PAIN & TEETS until they get restitution.

    Two things i know is that it is harming the reputation of the country and that, in January, it is going to get worse.

    They have to deal with this matter Donks, Gripe and Josh.

    Look at how emboldened those fellers who got beaten 30 Love have grown in the recent months?

    Looka how Justin Robinson the man who ef up the NIS and all these criminals bout the place talking bout BERT & ERNIE & MUGABE is bad for Barbados and dat tings going only get worse.

    Now mind you, EVEN THOUGH IT IS TRUE, here you have the very agents of our destruction talking bad and blaming the inheritors for the disaster.

    Imagine this McEanneys sell you a car dat was in an accident and tell you dat de car is a 2018 model, you tek de car and find out dat dem sell you a 2008 model and find dat dem canibalize de engine and furthermore now going bout barbados saying dat you like speeking an look how lik up you car is!!

    I sorry I should not have mention that forward-dating of cars using McEarneys name cause it is true.

    Meme to self before you hit the submit button, delete that paragraph above…ooops

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  • “Abigail and her cohorts call me a yardfowl daily, which I find extremely funny as much as I find taunting her enjoyable.”

    Taunting…huh..ah like being taunted.

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  • LOL (real hard) @ Enuff
    It is not my fault if my support for the party is purposely misconstrued as an agent by demons.
    ++++++++++++++++++++++++++++++++++
    Boss .. don’t mind Dr GP with that thing about labelling people as Demons and ‘sons of the Devil’ yuh hear…
    It is a bad move…
    Freud called it ‘Transference’ ….where it tells us more about the accuser than the accused….
    BTW
    Is your ‘support’ blind?
    …or have you found satisfactory answers YOURSELF to such questions about BLP actions …?

    @ Piece
    IADB cannot be expected to step in to protect the interest of grown-up brass bowls. Their only interest is that they will get their money back… or whatever else it is they wanted once they have us by the balls….

    If WE cannot open our eyes and see how we are being pissed on …
    then perhaps we like the warm feeling…

    Liked by 1 person

  • Donks Gripe and Josh

    pieceuhderockyeahright
    November 2, 2018 7:37 PM

    You speak out of both sides of your mouth but that is your wont. Why shouldn’t the guys and dolls who hold 30-0 not speak up? They are not in the House they are citizens still with constitutional right to gather and free speech. Look at the crap dumped on this blog day in day out. Its about freedom of speech.

    Day before Election Day a bunch of foreigners from the islands took the government to the CCJ and were immediately granted rights to vote. In one day they were given constitutional rights it took Bajans generations to wrench from the white man.They helped no doubt with the 30- nil. That shoite couldn’t happen in no other country on the planet. The elections should be annulled for that shoite alone.

    The Depeiza lady is correct bring proof of corruption and thieving or take a hike and get on with the people’s business. Not one socio economic game changer besides us being sold down the river to the IMF has come about since May.

    Is John King’s head on the chopping block? That’s the chatter on the street. People trying to comprehend John King, Indar Weir, Medic and that crowd as big maguffy Ministers of the crown. Its like they won US Lotto. It will take a while to come to grips with some of these oddities who sit in Cabinet and run our country.

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  • sirfuzzy (i was a sheep some years ago; not a sheep anymore)

    @ Donks Gripe and Josh November 2, 2018 10:29 PM

    I may be wrong. But just maybe; the cabinet office has being now sub-divided where you have the “real ministers” and the “pretend ministers”. The real ministers probably sit as the “adult” board room table and the “pretend” minister sit in the “supervised adult day care” whenever the cabinet meeting is held.

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  • PRIME Minister Dr Keith Rowley yesterday said Government had secured a landmark judgment in the Court of Appeal in its anti-corruption cases.

    He said “a major development” occurred on Monday involving “one of the biggest cases” of alleged white-collar crime in Trinidad and Tobago to reach the courts whereby the Court of Appeal authorised the Estate Management and Business Development Company (EMBD) to “follow the money” in its pursuit of alleged wrongdoing.

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  • How can any one expect a small country with a small and ageing population to pay back over a billion dollars in debt in a short period of time
    The maths just dont add up
    Also added to the mix are low income earners and no productivity
    The insanity of govt policies implemented on borrowing and taxation boggles the mind
    One can foresee the inevitable of barbadians having a comfortable lifestyle reduce to nothingness
    While govt repaved roads in the millions of dollars. The one system by which barbados will be able to pull itself out of economic devastation lays dormant without govt having the foresight or vision to retool in ways which can be measured alongside those countries which compete in the global market
    The system of which i speak is our educational system

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  • The question you should ask is why were we able to accumulate such a large amount of debt in a relatively short period.

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  • “The Depeiza lady is correct bring proof of corruption and thieving or take a hike and get on with the people’s business.”

    Ankle monitor!

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  • millertheanunnaki

    @ Mariposa November 3, 2018 6:48 AM
    “How can any one expect a small country with a small and ageing population to pay back over a billion dollars in debt in a short period of time
    The maths just dont add up
    Also added to the mix are low income earners and no productivity
    The insanity of govt policies implemented on borrowing and taxation boggles the mind
    One can foresee the inevitable of barbadians having a comfortable lifestyle reduce to nothingness…”
    ++++++++++++++++++++++++++++++++++++++++++++++++++

    Whose math(s) doesn’t add up? That of Sinckler, Jepter or Kellman?

    Remember that you have always argued that your dear loving party had to borrow billions in order to pay back the millions borrowed during the OSA regime (your new guru of fiscal (mis)management).

    That means the $7 billion of debt left by OSA was paid off by the DLP during its tenure in office leaving a balance of $15 billion.

    Now for 100 marks, what is the missing variable in the Jepter Inch ‘physical deficit’ equation?

    Bajans are just reaping what they have been sowing for the past 24 years; that is, borrowing other people’s foreign money to live big life without a commensurate amount of hard work to earn forex to pay for their imported lifestyle while driving Japanese steel donkeys on makeover cart roads.

    It’s now time to payback and the lenders have sent the piper dressed up as the ‘IMF’ bailiff who has arrived at your door- all brightly painted in red, blue and yellow- to bring Bajans to ‘Christian’ understanding in order to confront their economic realities.

    We are sure that you, ac aka angela cox-skeete aka Mariposing as a born-again hypocrite, are ‘long enough in the tooth’ to have heard the following Bajan proverbs:

    ‘De longest day does bring home night’.

    ‘De pint pot (big life) turn down and de gill pot (hard times) turn up’.

    But look on the bright side: Isn’t Necessity the mother of Invention? Those fields (as written in your national anthem) are ripe for cultivation (again) to stave off starvation, not so?

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  • pieceuhderockyeahright

    @ Donks Gripe and Josh

    Heheheheh I will assume that by “speaking out of both sides of my mouth” you really mean the whether it is your DLP swine or the Mugabe hogs, de ole man gives both their due, equally

    That is called non partisan and principled, a trait that spineless balls-less men dont have.

    Of all the miracles in the good book did any speak of the regeneration of the balls of eunuchs? I recall the attachment of an ear, but never the reprovisioning of balls.

    So let us move to your next inconsequential point.

    Which I will debunk as well.

    You said and I quote “…Why shouldn’t the guys and dolls who hold 30-0 not speak up? They are not in the House they are citizens still with constitutional right to gather and free speech…”

    These creatures who were defeated convincingly 30 to Love are not “citizens” still, they are enemies of the people, they are the thieves and rapists who have stolen $1.5 billion and have us here.

    It is these guys and dolls whose citizenship should be revoked as they step put in a moses without ears, and small holes, actually two more holes that they have fingers.

    Ammmm how could the ratifying of the status of 200 residents lawfully residing in Barbados seeking their constitutional right go vote change that 30 LOVE THRASHING wunna buhkvunts got?

    Leh de ole man tell you something

    For as long as I got breath NOT ONE OF DE SAME FVQURS who was part of the DLP rape will ever mek it back to de House of Assembly?

    You feeling me?

    I myself would go pun a platform and say dat de reason I was opposed to Mia and used to call Mia Mugabe was because “l had mek an advance and she jilted de ole man AND IT WAS A CASE OF UNREQUITED LOVE”

    WUNNA FVQUERS WILL NEVER EVER GET BACK IN, EVEN WITH PLASTIC SURGERY OR NEW TEETS like those PAIN put in he mouf.

    STEUPSEEE and you talking bout BU rumshop drivel?

    You ent get dem bragging rights heah yet my man, mek a badword contribution or keep you DLP ass quiet

    Like

  • pieceuhderockyeahright

    @ the Honourable Blogmaster your assistance please with… thank you

    Like

  • The statement that the debt accumulated in a short period of time us a myth broaden by misinformation and spewed into the public domain akin to fake news
    The accumulation of debt started under the blp in their rigorous rejection of Barrow policies which started a vicious cycle of revolving debt bringing barbados at a time and place presently on its weakened economic knees having a crippled economy which now propels govt to pursue and endorse more begging and citizens to accept and receive the sh.iity end of the measuring stick
    If all would be less than disingenuous and look way back into our development after Independence all would recognize the how ‘why’s and the many factors which attributed to borrowing as to “How we got here.

    Like

  • @Miller
    @ Mariposa November 3, 2018 6:48 AM
    “How can any one expect a small country with a small and ageing population to pay back over a billion dollars in debt in a short period of time
    The maths just dont add up
    Also added to the mix are low income earners and no productivity
    The insanity of govt policies implemented on borrowing and taxation boggles the mind
    One can foresee the inevitable of barbadians having a comfortable lifestyle reduce to nothingness…”
    ++++++++++++++++++++++++++++++++++++++++++++++++++
    It is good to see Mariposa bowling a mixture of balls Doosra, Teesra, Goodly and Leg Breaks
    This is looking like a a maiden over,
    With all his fancy footwork and artistry, the Miller is unable to dispatch the ball for any distance.

    Liked by 1 person

  • 🙂 Indeed, one can remember the devilish pace of Artax and Enuff whne they were opposition. Nowadays, one gets the impression Enuff has lost his heart and his faith and fowlicus Artaxicus no longer enjoy delivering pecks 🙂

    Fowlicus Artaxicus – I wrote that because I know he resents it.
    Have a great day Artax,,, I enjoy reading your posts

    Like

  • Theo
    The players here busy trying to cause confusion during net practice. There is therefore no need to bat or bowl, just let them continue to bowl and bat in the nets unaware of how the wicket that is being prepared will play. Yuh waan bet when the march start dem gine get skittle out?

    Like

  • millertheanunnaki

    @ Enuff November 3, 2018 7:54 AM
    “The Depeiza lady is correct bring proof of corruption and thieving or take a hike and get on with the people’s business.”
    “Ankle monitor!”
    ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

    Enuff, this is not a matter to make snide remarks at!

    The call, in essence, is pregnant with serious implications and indeed ramifications for the current administration.

    Why should innocent poor Bajans feel the brunt of the required fiscal adjustment and carry the heavy load of economic sacrifice when millions of taxes are owed to the Treasury as a result of big sweetheart deals between the recently superannuated class of politicians and their friends in the business community including their two-bit pals in legal circles who out of sheer nepotism won the lottery to become overnight millionaires.

    There is absolutely no need for additional legislation in order to seek to recover some of the people’s hard-earned money. Why not start by using the existing income taxation laws?

    Why not conduct targeted tax audits to confirm whether the amounts paid to these inner-circle friends of the last administration have been duly assessed for income and corporation tax purposes and the appropriate taxed paid to the BRA?

    Why not follow the money and see if all is ‘kosher’ and that those in the private sector in receipt of ‘certain’ contracts have clean hands before they can remove the veil of allegations of corruption?

    The existing laws are on the side of the new administration. Make full use of it or prepare to be found guilty in the court of public opinion.

    The people have not forgotten the tax evasion allegations levied by the former DLP administration against a certain member of the Mottley clan.

    Don’t let it appear as if the decent ordinary people, like piggy in the middle, are faced eternally with Hobson’s choice in selecting a horse from the local political class of two musketeers with the livery marked “BDLP, the party of all for one and two for both”.

    “To know what is right and not do it is the worst cowardice.” ~Confucius

    Like

  • millertheanunnaki

    @ TheOGazerts November 3, 2018 9:04 AM

    The point to be taken seriously is that the current administration- although saddled with the unenviable responsibility of staving off currency devaluation- cannot be blamed for the massively unmanageable debt which, like the Sisyphus boulder, has fallen into its lap even if by choice through the thirst for political power.

    If fingers are to be pointed then let the multi-face ac the mariposa do another volte-face and point one at her former bête noir OSA with the other 3 pointing at Stinkliar, Physical Deficit Ince and the now worrying Deliar Worrell.

    Mariposa was once the biggest enemy of Privatization and economic restructuring recommended early in the previous administration’s tour of duty. In true weathercock style she is now Privatization’s biggest fan under the MAM administration.

    Mariposa is a fraud in every sense of that word!

    Like

  • Still against wholesale Privatisation but in the case of the Hilton and the Barbados national oil terminal which can easily be described as leaking sieves with large holes
    Then would any one in the right mind prescribed holding on to these two assests
    I dont think so

    Like

  • BNTCL and Hilton are leaking sieves? BNTCL not being a leaking sieve is a no-brainer. As for the other one, wuh I thought the Hilton was making a profit since 2012, according to Sinckler and Sealy?

    Like

  • millertheanunnaki

    @ Mariposa November 3, 2018 11:45 AM

    See what a ‘lying’ fraud you are?

    If the BNTCL and the Hilton hotel are “leaking sieves” how would describe the CBC and Transport Board? Bottomless buckets through which the taxpayers’ money (in the form of subsidies and transfers) disappears like water from a BWA broken main?

    The thing is that the decision to privatize or not to divest has now been taken out of the deceitful lying politicians’ corrupt hands.

    The IMF will dictate which entity will be ‘Privatized’ as opposed to which one will be ‘Divested’ or ‘Outsourced’.

    Now you take your pick of the side of the fence you want to perch and perform your yellow-bellied yard-fowl role.

    Like

  • Enuff in Wonderland…do you have any explanation….or just like most Bajans, ya did not know..

    Everyone knows now though…this level of deceit does not stay hidden forever. particularly when it has been done for decades.

    https://offshoreleaks.icij.org/search?utf8=%E2%9C%93&q=Barbados+Ernest+dyton+mottley&c&j&e&commit=Search&fbclid=IwAR2rzrwN1xOoneFKxkUBec2qe45es6zRyLY9ysAQo5rHtPg9qHEhD7jkVz8

    Like

  • Well I can see Miller & Enuff still fighting to save the BLP a.k.a TITANIC from hitting the ocean floor……..5 months after setting sail off Government Headquarters in Bay Street !!

    Well there’s a story nah ……..

    Well the Brutalising Lowly People (BLP) syndrome continues !

    Through the Barbadians Experiencing Roughshod Treatment ( BERT ) program 3,000 public officers have been sent home !

    The PM Mottley said only about 1,500 were going home !

    You hear LIE. ?????

    The PM Mottley said only those public officers with less than 9 or 10 years going home !

    At the School Meals Department – out of the 35 retrenched workers. – 12 of them had done more than 10 years !

    You hear LIE ?? ????

    But the saga got …….worse !

    One of George Payne’s niece is among the school meals workers with more than 10 years service ……that get sent home !!!

    Well ” by George ” …… de short hat 🎩 man ——-put a RH cussing in PM Mottley !!!

    Quick so George niece did back on the job – with full pay 💰 too !!

    So it seems you have to CUSS de PM …..to get back yuh job !!

    Wuhloss

    Barbados 🇧🇧 deserves better !!!

    BERT…….try and behave yuh self !!

    Like

  • “Nowadays, one gets the impression Enuff has lost his heart and his faith and fowlicus Artaxicus no longer enjoy delivering pecks 🙂”

    lol..murdahhh???

    Like

  • Enuff 68…look at the real demons here…look at them..ya see them..

    Did Mia Mottley and her family ever bother to tell the Barbados taxpayers how many offshore accounts they hold that avoids paying taxes in Barbados, yet Mia wants everyone else to be laden down with taxes.

    Are all those offshore accounts held by lawyers, former DLP and present BLP government ministers and Judges of the Supreme Court the proceeds of Estate thefts from the elderly, their beneficiaries, INJURED PERSONAL INJURY CLAIMANTS.. anyone else they can steal from, thefts from the Treasury and National Insurance and bribe money they have all been laundering for decades?????

    it is a reasonable question since no one bothered to tell the Barbados people or the pensioners who were and still are being robbed.blind by all of them, that all of these lowlife frauds have offshore accounts all around the world..

    Like

  • Enuff in Wonderland…do those envelopes which the clerk of parliament is holding for the sitting DEMON crooks of parliament re their ASSETS ..contain how many offshore accounts each crook minister/lawyer is holding overseas…and exactly what are in those offshore accounts..???

    ya will get an A if ya can answer that one..

    Like

  • Notice yesterday how Commisiong in his articles lambasted the Unions and practically called the whole bunch a group of liars
    Reminds me of the many times when the Unions told bare face lies having to do with past govt policies to which they had agreed and then denied making those agreements

    Like

  • For what it is worth. The Unions are getting there dues is aces a well deserved payment plan handed to them by this govt
    No matter how much they yell or screamed their voices cannot make a difference as govt has already handed over the public workers to the IMF as sacrifical lambs in return for thirty pieces of silver
    Now all they can do is bury their heads in the sand

    Like

  • Wuhloss …yadfowls don’t want to talk about the crooked BLP. ministers/lawyers, their families, hangers-on and their multitudes of OFFSHORE ACCOUNTS….

    wuh happen Enuff 68…cat got ya tongue.

    ..some kinda patriots those skunks in parliament and Bar Association are though..

    if they were truly bajan patriots they would not have secret accounts squirrelling away ill-gotten gains and hiding it from the people , obviously evading taxes….while popping shit about the people should sacrifice and feel hardship while none of them CROOKS ain’t about to be feeling NONE .

    Like

  • This BLP new 29 strong Government should order a forensic audit of the last 10 years in all Ministries. All former DLP Ministers and PS of Ministries pensions should be withhold from start to findings of audit

    Like

  • The forensic audit should be for the same 10 years as the last DLP Government was in office

    Like

  • There 130,000 vehicles are on the streets of Barbados ( less than 1% are electric).

    Fuel import bill was 800 millions Bds in 2012 (50 percent of which is used to generate electricity).
    There was a 30 per cent decline in fuel import bill from $645.4 million in 2014 to about $452.4 million in 2015.
    (50 percent of which is used to generate electricity). In 2017 , the fuel bill was 353, 338, 000 Bds .This due to low oil prices (US$50 /barrel) and an expanded focus on renewables by the DLP administration.

    The current BLP administration is promoting the use of fossil fuels while the rest of the world are moving away from these fuels.

    Barbados need to transition from a carbon based economy to digital- green economy as soon as possible. Fossil fuels are a threat to our civilization.
    Below, are a list of links that support this view.

    Fossil fuel dependence poses ‘direct existential threat’, warns UN chief
    A rapid global shift to clean energy is needed to prevent runaway climate change, says António Guterres

    Associated Press
    Tue 11 Sep 2018 06.49 EDT Last modified on Tue 11 Sep 2018 11.50 EDT

    IARC: Diesel Engine Exhaust Carcinogenic

    Lyon, France, June 12, 2012‐‐ After a week-long meeting of international experts, the International Agency for Research on Cancer (IARC), which is part of the World Health Organization (WHO), today classified diesel engine exhaust as carcinogenic to humans (Group 1), based on sufficient evidence that exposure is associated with an increased risk for lung cancer.

    Pollution from diesel fumes raises heart disease risk by lowering ‘good’ cholesterol

    By Ben Spencer Medical Correspondent For The Daily Mail

    Diesel fumes raise the risk of heart attacks and strokes by damaging protective cholesterol in the body, research suggests.

    Diesel fume particles ‘could raise heart attack risks’
    BBC News
    14 July 2011

    Breathing in black carbon – the tiny sooty particles particularly linked to diesel exhaust – reduces levels of ‘good’ HDL cholesterol thought to protect the heart and arteries, experts said.
    Chemical particles in diesel exhaust fumes could increase the risk of heart attacks, new research has suggested.

    Edinburgh University scientists found minuscule particles produced by burning diesel can increase the chance of blood clots forming in arteries.

    The blood clots can then lead to heart attacks or stroke.

    Israel Will Ban Gasoline & Diesel Vehicles After 2030

    November 11th, 2018 by Steve Hanley .

    AFP

    news@thelocal.de
    @thelocalgermany

    8 November 2018.

    The Cologne administrative court said Cologne must ban the dirtiest diesels from its centre and other streets from April 2019 to tackle dangerously high levels of nitrogen dioxide (NO2) emissions.

    https://youtu.be/wGoQB3cxPHw .

    Like

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