White Oak and External Creditors: Flirting with Hobson’s Choice

 

The blogmaster read the following article over night while perusing the financial newsfeed.

Patriotic Barbadians that understand these matters are obviously concerned negotiations have stalled with external creditors. We have to go with communications being dropped in the public space.

Commonsense support that it is not unusual creditors will push back against having to take a haircut. Barbadians wish the White Oak negotiating team well, as a country we have a lot riding on the best outcome.

Both sides agree the country of 300,000 people needs to cut debt levels. Yet talks have soured in recent weeks over how much of the burden should be borne by creditors in the form of deep haircuts or other terms. For its part, the government said it isn’t willing to negotiate targets established when it took a bailout from the International Monetary Fund last year – extracted from the Bloomberg report

Both sides seem to agree a restructure of the debt is necessary given the high debt burden and current state of the economy. What is at dispute is the amount creditors are being asked to leave on the table. Creditors have to protect their interest and the government having opted to SD will have to make it count given the damage to country’s credit rating and how it will be perceived by lenders.

However the foreign creditors will know that they have an overlapping interest with the government of Barbados. If the economy that is precariously perched on the economic cliff continues were to tank all that will be left is Hobson’s choice.

Time to close the deal!


Barbados Clashes With Creditors in Talks to Cut Greece-Like Debt

 

Barbados’ prime minister is butting heads with creditors over how to cut one of the world’s largest sovereign debt loads, creating a sticking point in the year-long negotiations to restructure the Caribbean nation’s defaulted dollar bonds.

Talks with foreign creditors have dragged on since last June, when Prime Minister Mia Mottley said she would restructure the island’s “unsustainably high” debt burden. While both sides said they are open to continued negotiation, they appear far from consensus.

A committee of creditors, who hold 55% of outstanding dollar debt, said Wednesday that they plan to unanimously reject a government proposal to exchange defaulted bonds for new debt unless the two sides negotiate together.

“The committee strongly believes that the launch of a unilateral exchange offer by the government of Barbados without the support of the committee will be highly detrimental to the country’s economic stability,” they said in a statement.

Both sides agree the country of 300,000 people needs to cut debt levels. Yet talks have soured in recent weeks over how much of the burden should be borne by creditors in the form of deep haircuts or other terms. For its part, the government said it isn’t willing to negotiate targets established when it took a bailout from the International Monetary Fund last year.

No Compromise

At that time, the government estimated debt had ballooned to about 175% of gross domestic product, meaning it owed around $9 billion. That would have made it one of the world’s most-indebted countries, trailing only a handful of others, including Greece, according to IMF figures. Mottley said she “will not compromise” on the goal of bringing that ratio down to 60% by 2033.

“We leave it to creditors to decide whether this is achieved through a par deal with long tenors and low interest rates, or face value haircuts with shorter tenors and higher interest rates. But the targets must be met in full,” she said in a written response to questions.

Mottley inherited a troubled $5 billion economy when she took office last May. The island known for its white sand beaches had been struggling for years amid competition from less-pricey Caribbean tourism destinations, crumbling infrastructure, and a currency that’s pegged to the U.S. dollar. She quickly struck a $290 million deal with the IMF and restructured about $6 billion in local currency debt.

The government owes around $700 million in dollar bonds, plus bank loans and other foreign debts, according to a spreadsheet posted to a website for creditors in January. Bonds maturing in 2035 have rarely traded in recent months, according to data compiled by Bloomberg.

The creditors committee said it put forth an offer two weeks ago “based on terms that aim to support the government’s debt and reform objectives while creating restructured instruments with broad market acceptance.” The committee said it is made up of long-term investors, regional central banks, individual bondholders and financial institutions and represented by advisers Newstate Partners and Washington-based law firm Arnold & Porter Kaye Scholer LLP.

The creditors contend that their offer would have allowed the government to reach its debt target a year later than it wants, according to people familiar with the committee’s negotiations. The committee’s position is that the government’s estimates fail to take into account certain revenue variables and that it is trying force severe restructuring terms on creditors to meet its debt targets, said the people, who were not authorized to discuss the negotiations.

White Oak Advisory, which is representing the government in negotiations, said the creditors’ offer “fails to meet IMF test for debt sustainability, and by quite some margin,” according to an email statement. “It is disappointing that Barbados continues to be faced with this kind of position after almost a year of negotiations.”

https://www.bloomberg.com/news/articles/2019-05-30/barbados-clashes-with-creditors-in-talks-to-cut-greece-like-debt

374 comments

  • Still with the…Black people are not competent enuff or intelligent enuff…to run their own affairs SPIEL, but this time it’s just an excuse to collect bribes and syphon and funnel taxpayers and pensioners money into their own pockets..

    wait until i tell yall what these evil, tiefing black demons of parliament did….just wait, all in good time.

    Like

  • @William

    You should ask if Barbados is a failed state why bother. Observe you have separated yourself from the nonsense cliche.

    Like

  • Dullard

    We humbly suggest that the excessive demands being made of David, in your case about coming clean, are unfair.

    Certainly, there are no counter-demands that you declare your own political affiliation

    There’s got to be room to argue/discuss issues without the tired old political party school tie hanging our country in a cesspool of suspicion.

    We have gone through this kind of campaign against him more than once. Indeed, this writer has previously been one of the belligerents making such partisanship claims against him.

    We have found, when the long view is taken, that David is more a nationalist willing to serve country’s interests regarless to party in power than any kind of party hack. We think that with time you too will come to see that better judgement.

    Like

  • @Pacha

    That’s for your support.

    Have no problem with commenters throwing punches, it defines the cut and thrust of debate on the blog. As you correctly stated the accusations have come from both sides of the political divide over the years.

    Like

  • Salemite Abigail – You need a class in comprehension. If I wanted to comment on Mayers” intellect I could have, but that wasn’t the point of my post. As always, you have limited responses–tiefin, corruption, ignorant black people and wicked white people; though you are a black woman married to a white man. So any chance you get to say tiefin black demons you are happy to write it even if irrelevant. SMFH!!

    Like

  • David

    I have never cursed you or accused you of being paid, a BIG supporter of Thompson yes I have but not a paid influencer. I am not that petty. LOL

    Like

  • Pach,

    my take is that i dont care who he (David) supports or who supports him. for me it is the way he writes. or rather his ability to swish together words which when taken together have v little meaning at worse and at best difficult to interpret or versa vice- lol.

    i must say it must be a skill- he is v good at it.

    Liked by 1 person

  • @enuff

    It is amusing some will accuse a blogmaster for sharing opinions on a blog. There is an level of idiocy attached to the comment one is unable to fathom. It does make for comic relief however.

    We all have political parties, individuals and ideas we favour. There are few countries in the world where the media is not reporting on similar issues I.e. immigration, race, corruption, dysfunctional political systems, social and health care etc. Across the EU what are we seeing unfold? In the ME? And in the US a country embroiled In itself.

    What does it tell us? As a global people having created these frameworks to govern ourselves, it will always be a work in progress.

    Like

  • @Greene

    There could be another reason, something to do with living for a long period in a temperate climate.Lol

    Liked by 1 person

  • Let’s forget the B & D stuff. Let’s admit that Barbados has a shortage of some types of expertise

    What can Barbados do to make certain that appointments/contracts are not seen as a part of a scam or as political patronage?

    For some of us the same phrase can be the truth or the biggest lie depending on which side of the BDLP uttered the phrase. A few of us live in the grey zone; we cannot blindly accept or reject these phrases; we have questions, we want more information ….

    Liked by 1 person

  • David

    Agree generally.

    With respect, our own view is that something a bit more fundamental than ‘a work in progress’ is happening in our world.

    Like

  • @Pacha

    You have opined on the matter here many times. Does your gut inform if it can be defeated?

    Like

  • @Blogmaster
    I like the phrase itself…
    http://dalecarnegiewayohio.com/2013/02/14/no-one-ever-kicks-a-dead-dog/

    The day that all criticisms stop is when you should begin to worry…

    Liked by 1 person

  • @enuff, Pacha et al

    What is your your take on SIR Ronald Sanders view that Mottley and Browne are the long awaited messiahs for the region yet we have the two of them in a public spat over LIAT?

    https://www.grenadabroadcast.com/featured/browne-and-mottley-shapers-of-the-regional-future/

    Like

  • @TheO

    Contrary to a view held by some this blogmaster is not made of the thin skinned variety. We will take the punches and reserve the right to punch back if we think appropriate.

    Liked by 1 person

  • David

    We have long passed the stage where any political personage could be called a ‘Mahdi’ or the ‘Messiah’. Those types of characterization belong to a bygone age.

    We don’t know much of prime minister Brown, at all.

    But Mugabe has brought a much higher level of management/seriousness to the administration of public affairs and has attempted to bring the people along with her, These are good instincts.

    But as we have agued previously, she has a vastly heavier burden than any other prime minister of Barbados has been called to carry. For this reason, we judge, that her level of success will be no different than her predecessor. And the main reasons for this ‘under achievement’ will factors outside of her control and within the global environment.

    Like

  • @Pacha

    Unfortunately she has a weak team which is not aligned with the size of cabinet. It is a matter she will have to address at midterm or earlier. This view can be extended to the HOGs.

    Like

  • Gosh Man, Pach,

    you are beginning to sound like David as i Hal.

    what does all that mean in plain English-lol?

    then again maybe i have spent too long a time in the cold

    i would posit that Independence and the expectation therefrom was a heavier burden but who am i to disagree

    every PM in Bim perhaps except Owen was saddled with burdens of some kind

    Liked by 1 person

  • David 10:58

    Our gut says no

    But our brain still seeks a better day

    Like

  • I would say David as well as all supporters of any party, group, movement or minority have a right to voice their opinion and I for one welcome it. It is only when it reaches the DLP did this and so the BLP did the next that I find the conversation monotonous.

    Any man or woman with a view who can defend it based on open discussion and facts, I think is a good thing and I have to admit enjoying debating them on it.

    Finally because someone has a different view from the powers that be , does not mean they are anti government, it simply means as a free thinking non partisan person they when applying their thought pattern, see questions that need asking. The name calling, derogatory terms and profanity some use to describe others does only 2 things therefore. One it shows a basic lack of vocabulary and secondly the lack of appreciating the right of the other to free speech and to hold an opinion different to theirs.

    As for the individual that said people who oppose the government need to be gassed, he I think is beyond help and needs to therefore look inwardly to seek self improvement.

    Liked by 1 person

  • Greene

    Your views are no less valuable than those of anybody else.

    To us the independence discourses were much easier. The fundamental question was whether we go alone or within a federation.

    There were no independence wars in the main. The British were being forced out of the ‘colonies’ everywhere by the Americans. About 70 countries were given independence within that epoch. Independence was a function of the collapse of the British empire.

    What we have now is totally different. Not merely the changing of the ruling power but in every facet of being we are facing existential crises. Crises which we have no answers for. You’ll see these in the political, economy, social, technological, environmental and legal spheres.

    For example, in the political we see currents, like the far-right, which we assumed was a thing of the past metastasizing again, globally.

    In economy, capitalism has reached certain limits.

    On the physical environment, climate change is breaking all kinds of limits.

    And we could go on and on.

    This is the ‘brave new world’ with which Mugabe must confront.

    Like

  • Plus be careful what wunna say on social media as of today as applications for a US Visa now require you to state your social media name.

    Lord that must mean poor Anti America on Brasstacks may never see Florida again! We should all say thank God we live here and not in
    that glorified police state.

    Like

  • @ William,

    Plse call me the King Dyal of nationalism. I am getting a suit in the national colours with a picture of Barrow on the back. My name is Bajan – what the Trinis used to call us before it got corrupted in to Bad John.

    Liked by 1 person

  • David 11:29

    People often say those kind of things to divide blame in case failure starts to happen, protect the leadership from impending blame at all cost.

    However, every government of Barbados, every parliament, every cabinet has been weak. Nothing new.

    The real problem is that it is extremely hard for any party to find a slate of ‘strong’ candidates in the first place. There are many reasons for that. We would be surprised if a party could muster more than 10 good political candidates.

    In any case the political culture promotes both mediocrity for candidates and maximum leader at the same time.

    Like

  • @Pacha

    Then we are going around in a circle and all roads point to the people? The candidates come from the people is this not so? It is true, we get the government we deserve.

    Like

  • Hal no if you get a picture on the back of Barrow they will say you is a Dem. You got to have a picture of Barrow and Adams side by side. Make sure too it side by side and don’t have Barrow on top and Adams below or you is a DEM again.

    Now the colour you choosing. Make sure the blue and yellow are evenly distributed on the front or they would say you favouring one party by wearing their colours on the front in a greater presence than the other.

    Finally now scrap the name “KING” from it cause they will say you promoting the return to colonialism and trying to unseat we leader.

    Look you best scrap the whole dam idea and just keep getting cuss by all. LOL

    Liked by 1 person

  • @ John A

    Being cussed, as you put it, is my morning fix. If I do not get it I suffer withdrawal symptoms. One of my former school mates, now living in New York, not a BU regulator in his real name, but a reader, drew it to my attention. He thought I was getting some ‘lashes’.
    By the way, have you noticed that those most vociferous ‘cussers’ avoid the substantive issues? As you know, it is the Bajan thing. People become suspicious of you even when you ask a question, but if you jump in and try to guess the operation of their minds (as many do) they accuse you of misinterpreting what they say.
    It is so Bajan other Caribbean people think we are strange.

    Liked by 1 person

  • William Skinner

    David
    @Pacha

    Unfortunately she has a weak team which is not aligned with the size of cabinet. It is a matter she will have to address at midterm or earlier. This view can be extended to the HOGs.

    David is a Barbadian living in Barbados.
    David May be a traitor; wants the government to fail and is a Dem’s naysayer.

    Like

  • Hal yes it is very noticeable that people go on the defensive first as opposed to ventilating the issue through open discussion. I notice though it’s not just a blog, but even at the political level.

    I listened to a bit of BRass Tacks a local call on show this week with politicians on and 70 percent of it was the blame game, 20 percent was political jostling and the attempted sale of old rhetoric. I would say maybe 4 percent of it was spent trying to enlighten the public in any real way…

    Liked by 1 person

  • @Hal

    By the way, have you noticed that those most vociferous ‘cussers’ avoid the substantive issues? As you know, it is the Bajan thing. People become suspicious of you even when you ask a question, but if you jump in and try to guess the operation of their minds (as many do) they accuse you of misinterpreting what they say.
    It is so Bajan other Caribbean people think we are strange

    i dont find so at all. people all over do this. it is done to you here a lot yeah but Bajans have no monopoly on this at all.

    Liked by 1 person

  • I dont think our politicians came claim ownership of this approach though as Trump referred to Biden as a man of limited I.Q and avoided addressing the point he raised totally.

    Like

  • WURA-Wura-on-U

    “So any chance you get to say tiefin black demons you are happy to write it even if irrelevant. SMFH!!”

    Ah take it the pressure is getting to ya…can-t convince us that shit tastes just like cake.

    So …will the government bail out bankrupt Apes Hill…wuhloss, the fowl should know.

    Let me see yall cover up this one.

    Like

  • I was most surprised to open the Sunday Sun today and ‘see’,not read,an article by one Guyson Mayers,the $300,000.00 dollar man who refused to step down from the PSC.

    Like

  • And then and then, there is so much more to come out, but one thing at a time..

    Ya will notice that say something often ENUFF….and reality MANIFESTS INTO THE WICKED LIVES OF THIEVES AND CRIMINALS….wuhloss!!!

    Karma rocks.

    Like

  • @ Hal Austin

    What are you going on about.

    Her Majesty has promised a USD3 Billion dollar boost over the next 7 years to her gullible servants.

    BEAUTIFUL Bridgetown is coming.

    Prime Minister Mia Amor Mottley last night rolled out the initial plans for a new-look City, saying revitalising the capital would be the first and most important thing on her agenda now that the economy had been stabilised.

    In addition, she revealed Government would soon be seeking over 300 acres of land specifically to provide 3 000 housing solutions, mostly for Barbadians earning less than $4 000 monthly and working in the public service.

    Mottley said that within the next seven years, a total of $3 billion would be pumped into a special Carlisle Bay project with hotels to be constructed between Batts Rock, St Michael and the Savannah Hotel in Hastings, Christ Church. (BA)

    https://www.nationnews.com/nationnews/news/240081/usd3-billion-boost

    Like

  • @Dullard
    Come clean by saying what?

    @David

    Let me be clear. The Dullard has huge respect for how you have grown and developed the blog.
    But your staunch defense of the bitt project is disconcerting.

    Liked by 1 person

  • Is this the same Mottley who made glorious promises to the people but as of yet to deliver
    She must think people ate flooish

    Like

  • @Dullard

    Thanks you.

    How is trying to tirelessly clarify and demystify the meaning of bitcoin, ecurrency, cryptocurrency, blockchain etc to those that deliberately or through ignorance mislead the blog seem defending Bitt.com?

    Like

  • Mottley needs a job making mimium wage
    Then she would understand how poor people live

    Like

  • @ Mariposa June 3, 2019 5:01 PM
    “Is this the same Mottley who made glorious promises to the people but as of yet to deliver
    She must think people ate flooish..”
    +++++++++++++++++++++++++++++++++++++++++++++++++++

    Many pussy ac, why are you going to admit that the “same Mottley” is cut from the same political cloth of false promises as your dead hero the lying David Thompson?

    What was the mantra way back then?
    “Cost of Living Cost of Living Cost of Living”!

    Or was it ‘Jobs, Jobs, and more jobs’?

    Here is a piece of free advice to you:

    Take your natty head out of politicians’ dark behinds and you might just see the light which show that they all graduate from the same academy of false promises and patented lies.

    Like

  • June 3, 2019 5:02 PM

    Mottley needs a job making mimium wage
    Then she would understand how poor people live

    Like

  • Pretty soon the external creditors going to be hauling barbados to court
    What a thing a woman that knew so much produces so little
    So much so that not even the external foreign creditors are impressed
    Poor barbados all can rest assured that many bellies would go to bed hungry after the creditors drag barbados over the hot coals
    Barbados uh cum from but sooner rather than later i would be packing my bags and heading for safer ground
    What a thing doah after all the years of plenty and punching above its weight
    The weights have fallen on the backs of the poor while the rich gets toax waivers and tax cuts and even White Oaks an unknown taking their share of the bony calf
    What a thing doah

    Like

  • Did you write this all by yourself or did you cull it from Andre Worrells facebook page.

    Like

  • David if that question is for me

    Answer. Never heard of him
    Anyhow i will see if i can find it .wno ever he is hard to connect the dots

    Like

  • Mariposa,you could really shut your hylocritical moutb or do like the ex Ministers and go under ground.Since when you know of or care about poor people?Let me guess since may 2018 because prior to that when your Dems were in office and people the beautify workers and Ms Marshall were crying out for their money i ain,t hear a peep out of you.I remember you implying Ms Marshall was dishonest etc you beleive we forgot.As far as the creditors are concerned perhaps you along with Skinner,John A,Austin and others should read Mr Ezra Alleyne,s article which highlights the firepower including Dr Worrell who would be very familiar with the situation Barbados is up against.Hence why Barbados needed experienced people to fight this battle and not novices.Unless of course you bellyachers prefer the creditors to win placing Barbados at adisadvantage which i bleive some of you actually wish to see happen but it will not.

    Like

  • David can not access his page
    So the answer to your question is No

    Lorenzo did i call your name.

    Like

  • @ Mariposa June 3, 2019 6:19 PM

    We do not need a minimum wage. That is typical Barrow-style thinking, copying all the sh.. from British massas.

    We need a maximum wage, say 5 USD per hour to boost the economy and to make Barbados competitive again.

    Like

  • Pretty soon they would not be anything to buy
    Mia preference to pay local.debt all but makes it hard for local business to thrive in this hell hole economic enviroment
    So it wouldnt really matter how large the increase as the monies are eroded by high taxation

    Like

  • Maripoka

    Have you no shame?

    Where is your bill of attainer for the leading lights of the DLP who fecklessly brought Barbados to its knees with their cowardice, ineptitude and ruthless arrogance?

    Where do you find the ‘facetiness’ the gumption, the gall, even the balls, to be critical after all the unrepairable damage that the infantile FJS and his gang of cowards did to Barbados.

    This government may never be successful but should we not first demand the head of FJS on a platter as a necessary but insufficient precondition to any such criticisms from your ilk.

    Like

  • Attainder ……

    Like

  • Pachaman any one who should habe shame would be a supporter who drank the blp koolaid and so far have received empty promises
    FJS did not in ten years create a 17billion debt
    Only a fool would come to such a conclusion

    Like

  • Ok, then

    If that is all you have

    Like

  • Everybody should read this:

    https://barbadostoday.bb/2019/06/04/barbados-rescued-by-white-oak/

    So White Oak already had business contact with the old government. The accusations against the honorable Dale Marshall all came from the corner of the blue Deep State and they are not true.

    So the scandal is not that our present government hired White Oak, but that the old government did not want to hire White Oak.

    Rather, DLP supporters must ask themselves why the old finance minister rejected White Oak’s offer to help. Did someone want a kick-back that wasn’t granted? Why aren’t they investigating here? Is it perhaps because the police and prosecution have been infiltrated by blue termites?

    Like

  • “We need a maximum wage, say 5 USD per hour to boost the economy and to make Barbados competitive again.”

    it takes a very tiny, tiny mind to think that $5.00 is a maximum wage, no surprise when slave salaries in Barbados starts at $1.50 US and does not go past $2.50 US…an hour…a goddamn slave society…

    If you want a competitive maximum wage, you start at $15.00 US per hour

    Like

  • All yall are thieves looking for kickbacks, every last repulsive one of you…

    but it is all coming apart..

    the fall will be hard..

    ..and will be heard across the globe..

    #selloutscannotsurvive

    Like

  • @ Tron,

    Are you so sure that is what the scandal is?
    
    Or are you continuing your dissembling role? While riling up Bajans against the Mottley Regime?
    
    The Barbados Today anti BLP article reads and I quote
    
    “…A company with an impeccable record and we made the decision at our first cabinet meeting.White Oak is saving us a billion dollars a year and their fees are millions of dollars…”
    
    This is the same impeccable company that has filed incorrect tax returns for the British Government and has been changing its name every chance that it gets?
    
    This is the same impeccable company that Mugabe promised to have meet with her pretend Leader of the Opposition the Reverend Pastor Bishop Joe Atherley last year and who ent get to speak to dem yet?
    
    Den Smiley Teets continues
    
    “But we recognize that our situation was so grave that we had to find the finest skills that money could buy, to resurrect this country,”
    
    When Teets was talking bout grave is he referring to the graves of all de people dat been dug while he is de attorney general and he and Mugabe solution to de crime in Barbados is to leggo de Barbados Defence Force pun de school childrun cause “children does grow up to be criminals, AND EFFING YOU KILL DEM WHILE DEM AT SECONDARY SCHOOL dere will not be no adult murders?
    
    A feller in de AG Office tell me dat dis is de AG plan for keeping down de crime.
    
    You do know that it is a crime to comment adversely about any of the existing crimes agains tourisses dem in Barbados?
    
    Yes sir!!
    
    Mia apparently recently pass a law, among all de new laws she passing, dat say dat locals or people living overseas, who continue to mention dat tourisesses is being stabbed in Barbados IS BREKKING DE 2019 Barbados HIGH TREASON ACT under section 27 (named after the $27 million dat she give to White Hoax) which states
    
    “any citizen or resident who knowingly, or unknowingly, makes or discloses private business concerning the affairs of Barbados afte May 24th, IS THE ENEMY OF BARBADOS because they are seeking to destabilize Barbados”
    
    Matters that are considered destabilization are like talking bout the number of killings in Barbados to date
    
    talking about the amount of money dat WHITE HOAX GET PAID.
    
    talking bout de 5% raises dat Mugabe give herself and other imps of the reime
    
    Talking bout Cunstitutional changes
    
    Talking bout how she knight she fadder
    
    Talking bout how she forgive him $1 million in taxes he owed
    
    Talking bout how she got a cabinet of 30 badword Ministers
    
    Bout how she send home 5,000 bajans
    
    Yes Tron could you respond to these issues for de ole man?
    

    WordPress.com / Gravatar.com credentials can be used.

    Like

  • @ Tron,

    Not too sure what happened above. but i am reposting this response to your

    Are you so sure that is what the scandal is?

    Or are you continuing your dissembling role? While riling up Bajans against the Mottley Regime?

    The Barbados Today anti BLP article reads and I quote

    “…A company with an impeccable record and we made the decision at our first cabinet meeting.White Oak is saving us a billion dollars a year and their fees are millions of dollars…”

    This is the same impeccable company that has filed incorrect tax returns for the British Government and has been changing its name every chance that it gets?

    This is the same impeccable company that Mugabe promised to have meet with her pretend Leader of the Opposition the Reverend Pastor Bishop Joe Atherley last year and who ent get to speak to dem yet?

    Den Smiley Teets continues

    “But we recognize that our situation was so grave that we had to find the finest skills that money could buy, to resurrect this country,”

    When Teets was talking bout grave is he referring to the “graves” of all de people dat have been dug while he is de attorney general?

    and is referring to the fact that he and Mugabe’s solution to de crime in Barbados is to leggo de Barbados Defence Force pun de school childrun?

    Is is that he has done so because “children does grow up to be criminals, AND EFFING YOU KILL DEM WHILE DEM AT SECONDARY SCHOOL dere will not be no adult murders?”

    A feller in de AG Office tell me dat dis is de AG plan for keeping down de crime.

    You do know that it is a crime to comment adversely about any of the existing crimes agains tourisses dem in Barbados?

    Yes sir!!

    Mia apparently recently pass a law, among all de new laws she passing, dat say dat locals or people living overseas, who continue to mention dat tourisesses is being stabbed in Barbados IS BREKKING DE 2019 Barbados HIGH TREASON ACT under section 27 (named after the $27 million dat she give to White Hoax) which states

    “any citizen or resident who knowingly, or unknowingly, makes or discloses private business concerning the affairs of Barbados afte May 24th, IS THE ENEMY OF BARBADOS because they are seeking to destabilize Barbados”

    Matters that are considered destabilization are like talking bout the number of killings in Barbados to date

    talking about the amount of money dat WHITE HOAX GET PAID.

    talking bout de 5% raises dat Mugabe give herself and other imps of the reime

    Talking bout Cunstitutional changes

    Talking bout how she knight she fadder

    Talking bout how she forgive him $1 million in taxes he owed

    Talking bout how she got a cabinet of 30 badword Ministers

    Bout how she send home 5,000 bajans

    Yes Tron could you respond to these issues for de ole man?

    Like

  • @ the Honourable Blogmaster your assistance please with an item here for Tron

    Like

  • Legend,

    It’s so simple. We need even more reforms. What you call austerity, I call blessing.

    Goddess Bim is seriously ill, she suffers from obesity. So she has to purify her body with a radical cure. Let us help her with a liberal program that transforms society from a welfare state into a state that rewards performance and punishes laziness.

    You defend outdated structures and a time when the state hired so many civil servants because the university produced too many naive graduates. That’s over now.

    It’s a great fortune that our prime minister is so honest and frank to say that we have to walk through a dark valley until 2025. She will be the light that illuminates this dark path towards enlightenment and a self-determined society. In this new society, the Barbadians will shackle off the chains of the welfare state and mature into free people.

    As for the many ministers, I refer to Jesus Christ. He also had 12 disciples and many followers. So a large crowd stands for great popularity 😉

    Like

  • Hard to see this country recovering from the mistakes of the last fifty years
    All i see is more greed coming from the rich and unbearable punishment for the poor
    Hard to imagine a small population living on a small income bearing more punishment
    Govt having no sustainable growth plan
    Hard to envision how more austerity measures would help outside that of destroying the social enviroment of the country
    Mottley loud promises in Carlisle Park are reminiscent of empty vessels making loud noise

    Like

  • Today’s Nation editorial questions DeLisle Worrell.

    Like

  • Well David, it seems that the ‘presstitutes’ have established clearly defined duopoly lines.

    Nation or Advocate – same difference!

    Like

  • @David: June 5, 2019 2:08 PM

    That’s typical again: Tron sets the agenda and the press copies.

    Like

  • @Mariposa June 5, 2019 8:38 AM

    You are confusing progress through liberalisation and regression through encrusted social structures.

    We do not need a new Sinckler who has grown out of the petri dish of free education. One Sinckler is enough for a hundred years.

    Most of your former ministers don’t even know how to eat properly with a knife and fork.

    Like

  • William Skinner

    Just heard that Arthur Mottley Thompson all paid for their education !!!!!!

    Like

  • William Skinner

    @ for those who are not drunken by the spiked BLPDLP cool aid
    Imagine a government reinstates free tuition for our university students to grow from this Petri dish of free education. Imagine a government making taxpayers pay to produce more failures such as Sinckler from this Petri dish of free education. Imagine a government being told to sink the “ welfare state” but pay for free university education.

    Duopoly Rules

    Like

  • @ David BU:

    It seems (y)our brother man in the Senate Caswell Franklyn has smelled a dirty rat climbing up this white oak tree of easy money.

    He should continue to follow the trail that leads to the avinashi cheese.

    Brother Bus Tea would have been most impressed with your cat-like attitude to exposing wickedness in high places; even in some young oak tree.

    Up and On, Caswell, forward to the Light.

    “Foes in plenty we shall meet
    Hearts courageous scorn defeat
    So we press with eager feet
    Up and on, Up and on
    Ever upward to the fight
    Ever upward to the light
    Ever true to God and right
    Up and on, Up and on.”

    Like

  • @Miller

    It is a bit of a stretch from Minister Straughn he would not have heard the questions about White Oak not filing timely financials in the domicile it is setup. Although his explanation is plausible a more forthright explanation is required.

    Like

  • Piece the Legend

    @ the Honourable Blogmaster

    Suppose you are seeking to Hire a IT professional to set up your Variation of the Online Ombudsman for the (legal) Professions in Barbados and the Caribbean

    Would you just tek anybody?

    Then what is so hard to comprehend about this poor rakey affair?

    The very people thd Government of Barbados is seeking to hire to save if money, in one you claim has worked with 7 other governments YDT DOES NOT FILE TAXES!!

    And that is plausible for you?

    Steupsee!!!

    Like

  • Piece the Legend

    Correction

    The very people the Government of Barbados is seeking to hire to save it money, is one you claim has worked with 7 other governments successfully YET DOES NOT FILE ITS OWN TAXES!!

    Like

  • Anyone cares ?

    Barbados’ newest political organisation was launched yesterday, with leader and president, Bishop Joseph Atherley, saying the People’s Party for Democracy and Development is now the country’s best bet as an alternative solution to what exists today.

    http://www.nationnews.com/nationnews/news/240175/pdp-running

    Barbados now have four political parties. BLP PDP SB DLP

    Like

  • Piece the Legend

    @ Brother Hants

    You notice ghd absolute hust that has descended over the island and Barbados Underground?

    Imagine that only weeks ago the Honourable Blogmaster was talking about this new part AND SUDDENLY SO HE GONE QUIET.

    And no article ent get launch bout e same Senator Caswell Franklyn who he used to big up round here pun BU!!

    You notice the news blackout too?

    But then again you Doan say much but you does find de links very well!

    Dat it why you pun de team in Logistics and Information.

    Keep up the Good Work (How is Fleur? Oops I forget you left her for Glennis )

    Like

  • @ Piece,

    Fleur is now in the fitness business. A woman of many talents.

    “Elite Island Resorts Group, a collection of beachfront resorts in the Caribbean, is to team up with W8 GYM, an innovative ‘GYM-in-a-Box’ created by singer Fleur East and her cousins Nick Meaney and Clive Payne, for an exclusive partnership.”

    Like

  • Piece the Legend

    @ Brother Hants

    She is quite a fitness trainer

    With her kit and everything.

    And she is fit.

    More power to her.

    Like

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