Two More Years

The article (below) by Barbados Today attempts to capture the contribution on VOB 92.9 Starcom by Minister in the Ministry of Finance Ryan Straughn on the economy and his forecast. To be honest after listening to Straughn – a key man on government’s finance team – the blogmaster was not optimistic the country will see an ease in two years. There are no shovel ready projects and the those in the pipeline are all tourism flavoured.

The banking systems is reported to be awash with money: Barbadians not borrowing, banks not lending or both. There is the sick National Insurance Fund. Not exhaustive but there is a beleaguered middles class who has endured belt tightening mode for more than 10 years under permutations of the Medium Term Fiscal Plan and the Medium Term Development Plan. Now there is BERT!

Thanks to @John A

David, blogmaster


252 thoughts on “Two More Years

  1. Hal this govt has taken the country back to the days of trickle down economics which was a failure for the poor and beneficial for the rich
    Hence we have minions who still touts a govt quick actions of giving away the treasury to Corporations in return for nothing
    Hence we have a govt pursuing pensioners funds to build a park under the flag of green economy when only the developers would be first to reap the sweets after which the Park would retain a ghostly look like Queens Park
    Hence we have a govt mashing up buildings under the guise that the fire station needs to be move further island
    A govt that does not realise that the heart of barbados commerical centre is in the capital where govt offices and buildings are located and rapid response to fires are of importance
    Does anyone remember the fire at Fogerty

  2. @ David

    It seems as though anyone who challenges Jackie Stewart, faces the wrath of her tongue. Ask Caswell Franklyn and Patrick King.

    Perhaps the Stewart fans may want to provide us with the EVIDENCE to PROVE those people mentioned on the directorship flow charts have off-shore accounts and are involved in money laundering?

    Or is the proof: “Jackie Stewart said so?”

    I’m still waiting on them to address the Fulcrum Chambers Ltd. merger with Butterfield Bank “boo boo.”

  3. John A.

    My claim that we are out of recession because of growth in one quarter was on another topic that we have moved on from.

    My claim of growth in the last quarter of 2019 is to your claim of you cannot expect growth if you increase taxtation
    also you pointed out that they dididnt learn from chris.
    I also pointed out that thay was growth under chris, the problem with chris is that even when he had growth the rest of the finances were allover the place.

    So to claim you cannot have growth with high taxtation is false.
    Yes increase in tax will reduce the amount of growth. but as pointed out, even with high taxtation the was growth even if it was one quarter it was growth. the field is now set to build on/increase that growth

  4. @ John A at 9 :43 AM

    It is a Herculean task. Every time I think the boulder on top the hill some amateur does come and push it back down. We are applying irrelevant tools to an economic situation that has long metamorphosed.
    .In my student days I did Analytical and Descriptive Economics. To day, If one were to ask some commentators to describe the economy that they are prescribing for; they cannot do so. If you ask them how the Barbadian economy works, they cannot tell you. But they are prescribing based on some secret manual.

    The good thing about the Internet is that one has access to the current research of leading economist at the academic level and those who also worked in applied economic positions. They share their experiences. The model which I believe is being applied has long been criticized by Senior Economists at the IMF as being ineffectual.

  5. Vincent…Barbados’ economy is a farce, a facade only meant to enrich the few and leave vast generations of the majority in perpetual poverty working for low class minorities for even lower wages…it was never an economy designed to enrich the masses who generate the taxes….the intent has always been to STEAL FROM THEM…and the house negros in the parliament and elsewhere are happy to comply.

  6. Mariposa

    You are right. The proximity of those homes in the City – Nelson Street, King William Street, Wellington Street, Jordan’s Lane, etc – is such that speed is of the essence if there is a fire. What makes me smile every time I see it is that in the narrow streets of the City Nelson Street remains a two way thoroughfare. Make it one-way, sillies.
    As to the economy, there is a huge difference between book learning and the application of those theories to reality. Our big problem is competence, or lack of it. Ignore the Googlers.
    I salute @John A and @ Vincent.

  7. @ David BU at 10:10 AM

    That is at best an irrelevant question and at worst mischievous. I do not listen to Brass Tacks.

    I consider Dr. Mascoll a friend . If I need to discuss his views I know how and where to reach him.

    • @Vincent

      With respect the question is relevant because many of the counter positions this blogmaster is putting on the table are stripped from Mascolls public positions not least of which those tabled this week if you were to follow the link.

    • @Vincent

      To ram home the point, Simon, Lisa et albwho command the airwaves are disciples of Mascoll doctrine inculcated on the Hill.

  8. John A


    Your claim about 3 consecutive quarters in and out of recession is old school.

    Today its 2 quarters negative growth “in” and 1 quarter positive growth “out”

    but you can hold on to your old school method if you want to.

  9. Some Donkey Butt tell Mariposa to ignore the googlers? whaloss muh belly. Mari is one of the biggest Googler on BU.
    that is like telling her to ignore herself.

  10. mari

    what kind of economics would you describe the concessions to sandals ?

    Desperation trickled down economics?

    and wasn’t it the DLP that had laid the grown work for the reduction in cooperate taxes because of some standard set by some foreign “tax fairness” entity? they only didn’t get to implement it because they got voted out so the new government had to do it?

    how short or convenient are some memories !

  11. @ Vincent.

    I agree the model we are using of austerity and pinning all hopes on tourism is a doomed one.

    I saw the MOF claiming 1500 new rooms are coming and my question is and so?

    We can not even achieve a decent year round occupancy on the rooms we hAve now so how will 1500 more help our economy?

    For recovery to come a plan is needed that encompasses ALL sectors of the economy at the same time. Agriculture, renewable energy manufacturing must all be included. If you want to tie them to tourism that would help too. So let’s say 50% of all furniture must be locally made. Local produce must be given preferential treatment once available etc.

    I never see a horse win a race running on one leg yet!

  12. “There was growth under Chris even after the first introduction of NSRL even though government finances was all over the place”

    Is Chris still the worst minister to hit Barbados or was he a little better than was claimed. Will his status be adjusted based on how the government performs or will he still remain in the gutter. I don’t want to see the day when the BLP proclaims Chris as a genius.

    In a more serious vein….. John2 seems to be vastly superior to Lorenzo.. You have to take him seriously.

  13. would the new location of the fire station not enable it to respond more quickly to the residents in the pine wildey and IVEY areas? boy you just cant please everyone. maybe the people in nelsonstreet are more important.

  14. @ David BU at 10 :41 AM

    The purpose of a university education is not to promote a doctrine but to develop the students’ analytical skills so that they may do their own thinking. I do not think the Cave Hill Campus has an alternate objective. Your fears are unnecessarily alarmist.

    • @Vincent

      The point is the economic policy of government was in large part created by Dr. Mascoll NOT googlers. You have a different view, your right.

  15. Hal my thoughts to fire in the city which would need fast response refers to Parliament building which in essence stores all the important legislation of barbados past and present history
    Also don’t forget the QEH which housed people who are sick
    These are the buildings which govt should have taken inro consideration before making talk of building a park
    Btw does any one know if Parliament building have built in mechanism which can help in case of fires in the building
    Not speaking about hand held fire extinguishers
    When last has anyone heard of a fire drill in Parliament

  16. @ Mariposa

    You are right again. Th QEH must be a major consideration. As to parliament, saving the documents is fine. (Copies should be held in vaults elsewhere)
    Does the building have sprinklers? And there should be fire drills in all schools and commercial buildings in Barbados at least once a quarter..

  17. Mariposa’s comments about the fire station, reminded me of several things.

    Firstly, I understand vendors in the temporary Golden Square market have until next week Friday, February 14, 2020, to vacate the premises to make way for its demolition.

    They have accepted government’s proposal to pay them $1,500 per month until the new Fairchild Street market is constructed. I’m thinking,

    (a). Why is this BLP administration in such a HURRY to demolish buildings in the general Probyn Street area? Who really stands to benefit from this “project?”

    (b). It seems as though there isn’t going to be a simultaneous construction of the park and market, and the market may take up to 18 months to build. Wouldn’t it have been better wait until the new market facilities are built, relocate the vendors…. and then then park, rather than having the vendors relying on $1,500, especially when one takes into consideration, government is tardy in paying.

    For example, temporary public sector employees sometimes have to wait 6 months before they are paid; NIS usually take several months to process benefits; people are awaiting VAT and income tax refunds since 2013; and it’s common knowledge government is tardy in its payments for goods and services.

    Vending is the these people’s ONLY SOURCE of INCOME on which their livelihood depends. And, to displace these entrepreneurs, on such short notice is a “criminal act.”

    What guarantee do they have that they would be paid on time each month?

    (c). Unfortunately, the Golden Square vendors will not be able to capitalize on the financial benefits to be derived when the Probyn Street area becomes a “hive of construction activity.”

  18. @ Hal

    While we can only try to bring reason do you notice the deafening silence coming from the opposition on this matter? Did they not have an economic spokesman at one time? Is the Pastor unaware of what has been said recently?

    The press well I done right them off every since, but Lord we paying the opposition so surely it is not unreasonable to expect some utterance from them is it not?

  19. @ John A

    You are right. Ms De Peiza seems out of her league. As to the media, the Trinidadian owners of the Nation are simply trying to make money and the Advocate seems in the hands of the Chinese. CBC is grossly awful.
    There are two ways they can get specialist reporters. Let us take economics: they can either offer a job to a good graduate and train them in journalism, or take one of the present team and send them on a journalism course. Easy. Why can’t they do that?

  20. @Hal

    It is looking to me like no one sees the need to break down our reality in terms that can be simply understood. The opposition and the press for sure have failed us, so it seems we are expected to just follow quietly and drink the Koolaid.

    I for one will say the opposition we have today is the poorest I have seen since Independance. They seem to have no opinion about anything. When they do have one it is presented couched in politics as opposed to simply presented data for all to understand.

    This whole issue is genuinely concerning for sure.

  21. @ John A

    You did not elect an opposition. You gave not one of the opposition parties a seat. Stop complaining. You and Hal will have to lead the Brigade on Finance and Economic matters on BU.

  22. @Hal @ John A
    Mascoll is trying to say that he preparing the wicket for the private sector. I thought when the private sector and the unions were marching the wicket was being prepared. Mascoll argued for years that taxation hampers growth now he is embracing preparing a wicket using taxation. He said that once the NSRL was removed prices would come down. It was removed and now he blaming drought and the increase in the price of carrots. However nothing Mascoll says surprises me because he blamed Arthur’s economic policies for ruining the country and then sat in Arthur’s cabinet.
    The simple truth here is this: Stuart Sinkler and company continued the ruination of the economy that was already gasping under Arthur.
    None of Sinkler policies worked and he resorted to wrecklessly printing money. Mottley and company saw a golden political opportunity and capitalised. Mottley’s major platform was : reinstatement of free University education; corruption and the removal of the NSRL.
    There was never any clear economic program to create jobs or growth. The next step convince the gullible that some fancy “ homegrown program” quickly endorsed by the IMF will save devaluation restore foreign reserves and it will be clear sailing. The cool aid drinkers and the Apologist in Chief were all over BU hailing this “ brilliant” policy.
    Then the lay offs started and the reality showed up. Now they are bracing for more lay offs and taxes. Once more conned by the ruthless Duopoly.
    Imagine there used to be 43 groundsmen at schools today there are 9. Ask the people in rural areas how often they see post men. All of these marvelous things have happened . We were even told that the plan was so great that we could teach and sell other countries how to deal with IMF. Now we have all of these pathetic cool aid drinkers writing crap all over BU.
    There was never any economic policy to create jobs or growth. That’s the truth and who don’t like it can lump it.
    The Duopoly Rules

  23. @ William
    @John A

    You guys miss a key point in this ongoing saga. By refusing to engage, the president and her economic advisers are sending the message that the alternative views are not worthy of debate. That is important as a part of the Bajan Condition as it plays in to the hands of the Ninja Man psychology.
    He is mad, man, ignore him. In this way official theories are not challenged, they are not tested intellectually and in the popular, untrained mind, a PhD carries the day. In fact, a PhD is a very narrow thesis, written over three years of about 50000 words or more.
    We do not have a culture of serious public debate, so the waffle, personal abuse, binary pro-party nonsense carries the day.
    If one has had regular experience of a different kind of public debate, than this Bajan political theatre is a diversion from listening to the radio or watching television or reading. It is fun.
    Keep on Googling, it is a good substitute for critical learning.

    • @Vincent

      He is mad, man, ignore him. In this way official theories are not challenged, they are not tested intellectually and in the popular, untrained mind, a PhD carries the day. In fact, a PhD is a very narrow thesis, written over three years of about 50000 words or more.

      You agree Dr. Mascoll does not understand what he is talking about? Defend you friend man and fellow economist!

  24. @ Vincent

    I normally ignore ignorance, but my remarks were not directed at Dr Mascoll, who I have met on a number of occasions and we have always had polite conversations.
    In fact, I am on record as saying he is the best public economist in Barbados. It is my understanding that he is an adviser to the minister of finance/economic affairs. He does not make policy.
    Th BU obsession is trying to read other’s minds. It goes right across the blog. If it is not true, then make it up.

    • The policy of the government was crafted by Dr. Mascoll. Why do you think Mascoll was on the talk show on Thursday after Ryan Straughn botched it.

      By the way, he has PhD and his an economist.

  25. Skinner who stated the Bert program was a growth programme? As i have stated before the country had to be stabalized first sfter your Dems mashed it up . The next stage should be growth but tell us what is your alternative? It is quite easy to be critical from the comfort of overseas but i know none of the naysayers have any better plan.As for your diatribe earlier about the Nation, CBC , and friends all these are second hand sources i lived here through the period that is the important difference between you and myself i do not have to depend on reports.Austin you are seriosly questioning Mr Arthur,s credentials after proclaiming Mr Thompson was bright and when challenged could not back it up with anything The ssid Thompson whitewashed in licks. You are the one who needs to stay in your lane or are you trying to be a comedian?Then again anyone who can agree with the Dem lightweight has got to be a comedian.

  26. Apparently Ryan Straughan “botched it” by telling the truth. I don’t know who went in a pooling booth and voted for Mascoll.
    Once again I ask: Who is the Minister of Finance? I now follow it up: Who really is ultimately responsible for managing the economy of Barbados? If the economic policies are failing who is the person responsible for leveling with the public?
    Where does the accountability fall? And finally who really “ running” Barbados ?

    • So William do you think Sinckler was making the policy in the last government? Stop being naive for godsakes.

  27. When the policies of the past government were under scrutiny we went after the Minister of Finance. Then we accused the then Governor of the Central Bank of being a conspirator.
    You may not remember this.

    • William were you sleeping for the last(lost) decade? Frank Alleyne, DeLisle Worrell, Justin Robinson, Don Marshall et al were targeted as being the architects of economic policy.

  28. @ Lorenzo

    This is my last conversation with you. You either do not understand or deliberately fabricate. Either way, let us end the conversation now. For the record, I have said, ages ago, that Mr Thompson was bright and had he lived would have been an interesting prime minister. That is hypothetical. I could not say he would be good because I cannot see in to the future.
    About Mr Arthur, I am prepared to take your word for it that Mr Arthur is a top economist. I simply asked for evidence, after some delay, you published something about the performance of the economy and the job numbers. That may be evidence of a good politician, but not of a good economist.
    Don’t reply. I am off.

  29. As i have stated the BERT had one target in mind that being that the govt of Barbados repay all loans by any means necessary
    I remember hearing a former PM of Jamaica Seaga when asked what benefits was offered towards growth which would result from the IMF programe his response was simply None and which he furthered stated that when negotiations between Jamaica and IMF were being tabled when the questioned of growth was asked
    The IMF officials replied it was none of their concern
    Going forward the govt looking for growth would be akin to finding a needle in a haystack unless the groundwork which govt had implemented for lowering of Corporate taxes bear fruit
    However if in the past two years nothing has resulted from Corporate receivership
    It is hard to envision any much of anything beneficial coming from Corporate to help create growth
    Growth which is sustainable and reliable in creating jobs

  30. @ Vincent

    Don’t mind all you need is a good night sleep to get over the nonesence some write. 2 stiff rums and a good sleep and you will be back tomorrow!

    Remember if we let the nonesence go unchallenged the jokers win by default. LOL

    • @John A

      Do you give credence to the view making the rounds that Dr. Mascoll is the Central Bank Governor in waiting?


  31. @ William

    William I agree with you that basically so far all we have seen is more of the same in terms of a plan. In other words taxation, contraction and lay offs. We are yet to see a growth plan. So far I would say 2 individuals have gained my respect and they are Abraham and Straughn. Abraham for his hands on approach and Straughn for his openness. As for Mascoll with preparing the pitch for the private sector to take the mantle of growth, I give an F as a mark. How the hell that going happen with more taxes coming? If there is $10 circulating in net surplus now and you come for $2 more, how the private sector going do better with $8 than they could of with $10 in an environment of no growth?

    Reality vs political fiction once more

    • @John A

      Do you think Straughn a rookie minister in the finance ministry was lead on policy? Did you hear how many questions he couldn’t answer this week on the program while Mascoll answered all of them without a computer?

  32. @ John A

    Th Jamaican government is advertising in London for a deputy governor at the central bank. Is this the road Barbados should go: open competition to fill top vacancies?

  33. @ David.

    I hope not as so far I find the new GOV to be very balance in his presentations. The last thing I want to see is a hardened politician of a ruling party become the GOV.

    Now having said that SO FAR this GOV has not been pressured to print money or do anything foolish, the true test will come when or if something like that was to occur. Then we would see what steel he is made of.

  34. @ David
    I have reviewed almost every article on BU. I did not read anybody holding those names responsible.Its obvious that you are of the opinion that we must be informed by consultants and not those elected and who sit in cabinet.
    My question remains: Who should be held accountable to the public if the economy is under scrutiny ?

    • Do you think Trump makes policy? The deep pockets in the shadows influence policy. It has always been so and it will continue.

  35. @ david.

    So far Straughn may be a rookie minister but he has respected his profession and spoken honestly using it as his basis. Probably for that reason he would make a poor politician. I would tell him it’s better to be a poor politician and remain a man true to his conscience though.

    • @John A

      Agree it would be a shame if we continue with decisions to further erode the perception of independence of the central bank.

  36. @ David
    Nice to know that the “rookie” in the finance ministry was sent to take the heat. That takes accountability to a whole new level. Climb some more brother…… climb some more.

  37. @Hal

    I Don’t think we will ever see that happen here. Remember a Governor ” is an extension of the MOF bout hey”

  38. @ David.

    Don’t mention trump with these here. As much as we may not like his ways his record in the economy is excellent.

    new jobs last month 250,000

    Unemployment at its lowest for years.

    Highest rate of female employment on record.

    Corporate earnings at a high

    And the list goes on

    Here we can’t brag of none of that. So left him out the discussion let’s stay focused on these here.

    • @John A

      Trump continued what Obama left, an economy on the up and up after taking it over from Bush in a recession. Let us compare apples with apples. The Barbados economy was at rock bottom with the then Governor printing 50 Rh million dollars a month to help pay public sector wages. That was less than two years ago.

  39. Hal Austin February 8, 2020 2:21 PM

    @ William

    Do the BU crowd understand our form of government? Who makes the decisions and are accountable?

    @ Hal
    The BU crowd craftily guided by the Apologist in Chief are steeped in Duopoly duplicity.

  40. @ William

    I feel your pain. Can’t you see the level of intelligence you are dealing with? Either be polite and treat such silliness with respect, or tell them to bugger off. I am of the bugger off variety. Life is too short.

  41. @ David.

    So What has changed in the 2 years here?

    Are the SOEs now operating without subsidy? NO

    Have we had any economic growth?NO

    Has a redevelopment plan been put in place for the agricultural sector?NO

    Have furniture manufactures of furniture say been guaranteed a percentage of the business for furnishing the 1500 new rooms by legislation? NO

    Has the alternative energy sector benefited for an open market?NO

    Has the duty on electric vehicles fallen so as to reduce the dependence on oil imports? NO

    Has our revenue collection agencies improved? NO. Actually we just forgave $400 million in vat receipts cause we couldn’t get it collect.

    I could go on but my fingers tired typing. Wait though we get a few garbage trucks and some roads getting fix and weed so I still grateful!

    • @John A

      Let us be rational here. To cut off subsidies Big Bang what will it mean?

      Who expected economic growth after a decade of contraction? Try to be realistic. We all want growth but it will not happen just so. As the government has been saying of late, the focus now there has been some stabilizing to the economy is to nurture the investment climate and support growth initiatives.

      This blogmaster knows little about agriculture suffice to say since Tom and then Owen moved Barbados to a service economy there seems to be a hesitance to prioritize agriculture. To be honest when the last DLP Government was able to secure Benn and Paul there was high expectation agriculture development would have taken place at pace. Just this week the PM and MOA made some encouraging noises but the proof is always in the eating.

      Again there seem to be a hesitance to be aggressive with RE implementation to avoid destabilizing BL&P. Now there is talk about drill baby drill. We have to continue to lobby.

      Same for the importation of vehicles – a major contributor to government coffers. One has to remember the tax structures must be managed in a way to avoid destabilizing government revenues because political parties are in the business of garnering popularity.

      Revenue collection needs to be improve, we need to do more. With the largest Rh cabinet in our history and the world per capita there is no excuse to not have many pots on the boil.

      Regards, the apologist

  42. Folks forgive the paragraph starting furniture manufacturers of furniture. Lol

    Eyes getting tired so going and rest them. Nice chatting with everyone as usual.


    FirstCaribbean International Bank has recorded a US$170.5 million profit despite challenges in the region and abroad.

    Chairman David Ritch reported on the performance in the company’s 2019 annual report and said last year’s net income was a 69 per cent improvement over the US$100.8 million profit earned in 2018.

    “Despite all the challenges outlined above, prudent management of the bank has meant that 2019 has been a good year for CIBC FirstCaribbean,” he said.

  44. @ Hal Austin at 2 :37 PM

    I am surprised at Jamaica’s advertising in London for a deputy Gov. I thought they had quite a crop of bright juniors. By the way ,I noticed that the new Governor of BoE is an insider. Did the Carney experiment not work out?

  45. @ Hants

    Re FCIB’s Profit . We on the ground are not surprised. If one lowers the costs of funds , raise and introduced user fees , reduced high risk loans that should be the outcome .

  46. @ Vincent,

    Open competition does not stop local talent from coming through. It just means they have to compete. The Jamaicans are always more open about these things. They want the best. Look at Kaymar.
    Carney was out of his league. But the Brits always go for a safe pair of hands. The best governor we never had was Lord (Adair) Turner. His problem is that he can think for himself and is genuinely bright.

  47. @VC
    By the way ,I noticed that the new Governor of BoE is an insider. Did the Carney experiment not work out?
    Please direct the query to an impartial advisor, HA has been voluble on his preferences and they didn’t include Carney. BTW because they hired someone from outside the usual stream that doesn’t mean that future hires would be outsiders.

  48. @ NO at 5:10 PM

    Mr. Jordan is a former economist of the CBB. He had an extended ” sabbatical” at the CB of Bahamas. He knows the ropes.

  49. @ Sargeant

    Are you saying I am not objective. Carney was simply not the best person. Read the reviews of his term.

  50. @ Vincent

    You are not all bad. He is incredibly bright. I attended his farewell lecture at the London Business School when he was laving the FCA and was like a teenager at a pop concert. If you like ideas you will love Adair.

  51. @HA

    If I recall correctly you were opposed to Carney’s hiring from the get go, are you seeking negative reviews to support confirmation bias?

  52. @Sargeant

    He should not have been appointed, as I have said. Adair Turner was the better choice. And his performance as governor was not stellar. Thus the suggestion of reading the reviews of his term.
    He came from the Bank of Canada, a second division central bank, and at a time when the Bank of England needed steady hands. The problem is that the Tories wanted someone they could control. They obviously could not control Turner.

  53. Could our low-growth outurn a result of poor statistics. ? It’s is no secret that the BSS is under-staffed and under-funded. Are they using the latest nation accounting methodology? Are the data they are using relevant, timely, and accurate. What about the assumption used in the model for extrapolation? are we using the correct deflator and base year? When was the last time the economy was rebased?

    It’s about time now for us to establish a credible central national statistic agency where data is timely and easily accesable.

  54. @ Hal Austin at 5 :52 PM

    A good back hand point you are making to one of the Blogmaster’s concerns. The independence of a central bank depends on the character, competence and suitability of the Governor for the job. One needs to acquire the skill of managing one’s boss.

  55. David
    Yes left out Trump and all the good thing happening in the USA economy
    And i agree with a that they are good
    One thing he forget to mention is the amount of debt trump is racking up to keep the economy going

    Poor little barbadis had already gone past it’s debt limit and have very few resources so it can do wha the USA/ trump is doing

    Sooner or latter some one will have to repay the debt trump is racking up and trump will long be gone from power

  56. Piece…chickens are home to roost..

    See what happens when you have been stealing your peope’s creative ideas and innnovations for decades, this one will bite, no one should share any ideas with these lowlifes who have fought against black inventors and creators for decades, stealing their inventions and selling them out.

    Don’t think any sane person would go near her or any of those other frauds wit their ideas and creations, they know better…IDB would have to send in monitors.

    “The head of Barbados’ main development financier has thrown out a challenge to Prime Minister Mia Mottley and her fellow leaders to produce more inventors and creative minds to help solve lingering and emerging challenges affecting the Caribbean.

    At the same time, President of the Inter-American Development Bank (IDB) Luis Alberto Moreno said that institution stands ready to offer assistance.

    Moreno told the opening here of the IDB’s ninth annual consultation of Caribbean governors forum: “As we begin our conversation today, I want to urge you to consider the need that we have to harness the untapped potential of all the citizens of the Caribbean.”

  57. You, Honourable Blogmaster said and I quote

    “… David February 8, 2020 9:41 AM

    How does a government steal ideas from people in a democracy that in theory is meant to be participatory?


    Are you for real?

    When you sit and write these statements approaching jobby does anything go off in your head?

    Would you at least try to reach out to John Q and ask him to use his source and see the number of cases of John Public vs The Givernment if Barbados for government stealing people’s ideas!

    You may for example want to reach out and ask a question of Basil Scott Attorney at Law who would show you conclusively what sort of buffoon you are!

    Try to raise the collective game of the BU BORG or direct some of you not to lower the standard of the bright ones among your number

    • You continues to expose your idiocy on the blog. Barbadians attending an ideas forum of their free will to share suggestions/ideas to improve the lot of country is to be discouraged? It seems in your haste to be the Joe Atherley on the blog you prefer to conflate works to be patented/copyrighted with the sharing of routines ideas of citizens borne from civic responsibility – something that represents the pillars upon which a participatory democracy is built.

  58. @ John A

    One noted that you are veering to the cardinal north with your comments.


    You said and de ole man quotes

    “… John A February 8, 2020 11:51 AM


    It is looking to me like no one sees the need to break down our reality in terms that can be simply understood.

    The opposition and the press for sure have failed us, so it seems we are expected to just follow quietly and drink the Koolaid….”

    The issue always was one that IF ATHERLEY WAS IN FACT A MUGABE PLANT, how would the team assembled around him BE GIVEN LICENCE TO SPEAK OUT ABOUT THESE ISSUES facing Barbados!

    Not to speak, BEING MUZZLED AS THEY ARE BY THE MUGABE DIRECTIVE, obviously will attract the notice AND COMMENTS of citizens, LIKE YOU!

    And for them to speak, UNDER SUCH PRESSURE, would risk internal wrangling AND RUPTION, which wiser warriors HAVE CONSIDERED, AND DECIDED AGAINST!

    An opportunity WILL PRESENT ITSELF, before the next General Elections to test the waters and see where Bajans Mind Space is!

  59. @ Mr William Skinner

    Sir, I now see why, when you wrote here, the First of the Rented Jackasses Hee Hee (now supposedly retired from Bu, would rush to Barbados Underground and call you all sorts of names!

    Your expert summary at 12.13 pm among several other truths said, and i quote

    “…There was never any clear economic program to create jobs or growth.

    The next step convince the gullible that some fancy “ homegrown program” quickly endorsed by the IMF will save devaluation restore foreign reserves and it will be clear sailing.

    The cool aid drinkers and the Apologist in Chief were all over BU hailing this “ brilliant” policy…”


    Both you, Mr Hal Austin and John A have seen through the sham

    Mr Austin says and I quote

    “…Instead of running around the country looking to steal ideas from people, the president should be drilling down on policy surrounded by good and radical ideas…”


  60. A quick peek in BU and I noticed that even in my absence the former Senior Editor still finds it necessary to call my name. It is also true he’s still misleading the blog. Remember few months ago he argued that pension funds are not invested in commercial development?
    Back to maintaining my sanity while talkers do what they are good at–talk. One still could not muster the courage to ask ‘Mugabe’ a question at the townhall in London. #enjoyingmytimeawayfromBu

  61. @David. Even though I truly believe we are caught in a structural a low-growth trap, nevertheless, we must interrogate all aspect of the system to find out why. The BSS, as the premier statics department, should not be above reproach. We need a more robust statistical agency that relases crucial data regularly and on time.The BSS doesn’t even keep a public calendar with release date about important economic metrics. Not even a dashboard with basic statistics.

  62. @David. Every 2-5 year on average, most developed country rebased their economy to reflect fundamental structural change within the economy. When was the last time Barbados carry out such an exercise? Example, The Bahamas rebased their economy two years ago, and come to find out, their nominal GDP increased by 30%. In other words their nominal GDP was structurally 30% bigger than previously thought.

  63. @ Enuff

    You return to BU and do so with the same old fabrications. You have a problem. I have never said that pension funds do not invest in COMMERCIAL property, dummy. Commercial property is one of the biggest, if not the biggest, investments for pension funds. Do you know anything about pensions?
    You obviously cannot remember or do not want to remember the discussion was about Sagicor’s investments in RESIDENTIAL property which I said was high risk. And it is.
    It is clear for whatever reason you do not want to be honest in discussions. Maybe it is because you are not chairing an all-white conference. So, no matter what you say from now on, I refuse to have any further discussion with you.

  64. @ you Honourable blogmaster ARE THE IDIOT HERE!

    Go back to the rambling shite you wrote and see what you wrote!

    The problem with idiots like you is that you feel empowered to sprout your idiocy CAUSE YOU HAVE THE POWER “TO BLOG OR NOT TO BLOG”

    But I will use what you wrote to show how idiotic you are ON THIS SUBJECT!

    You said and I quote

    “… David February 8, 2020 8:57 PM

    You continues to expose your idiocy on the blog.


    Barbadians attending an ideas forum of their free will to share suggestions/ideas to improve the lot of country is to be discouraged?


    Let me assist your limited reasoning skills!



    It seems in your haste to be the Joe Atherley on the blog you prefer to conflate works to be patented/copyrighted with the sharing of routines ideas of citizens borne from civic responsibility



    You as the specific BU BORG commenting here are an idiot but none of your collective can stop you!

    But whenever you drop these idiotic comments like “…something that represents the pillars upon which a participatory democracy is built…” DE OLE MAN GINE CALL YOU OUT!

    This is not RH FREE RIDES

    This is a out creating an environment where people THE PRIVATE SECTOR feel disposed to help their country BUT, YOU IDIOT, ARE PAID, IN THE SAME RH WAY Maloney or some other bukkra Johnny GETS PAID WHEN THEY BRING IDEAS TO GOVERNMENT!

    Unlike you, I ent drink de RH coolaid.


    Now Mia doing the same bulling YOU VEX AND GETTING YOU PANTIES IN A BUNCH hating anyone including Atherley AND THE RH SENATOR CASWELL FRANKLYN dat you claim you love so bad!

    Your puerile anti Atherley comment exposes your true sentiment for Caswell David King.

    And you are slowly but surely exposing where your loyalties lie IN SAVING RASS**LE BARBADOS!

  65. @ John A February 7, 2020 8:44 PM

    In making a fair assessment of the BERT programme, we should distinguish the actual purpose of the programme from political wishes. The sole purpose of the programme is to stabilise finances (including the banking sector) after Barbados was on the verge of devaluation and total chaos. Capital flight has been halted for the time being and Canadian banks are still on the island. In this respect BERT was a complete success.

    But I do not recall any serious person on the island ever claiming that BERT could generate growth. Quite apart from the excessive taxes, that is an impossibility. The government is faced with a society that idolizes the fat social state, is only partially fit for work and refuses to undertake necessary social reforms. With such a population, even the best government cannot achieve lasting and substantial growth.

    We should therefore not criticise the government for 12 years of zero growth, but the socially conservative population, which, like the Taliban in Afghanistan, is radically opposed to any kind of rational reform. What do you think would happen if the government fired 10,000 of these slackers from the civil service? We would have a popular uprising, because the masses, in their arrogance, simply turn a blind eye to reality and want a life free of effort at the expense of international creditors. The enraged population would sweep away the 30-0 rule of the BLP and re-elect the DLP by an overwhelming majority – even if it meant the total ruin of the island.

    The only way out is a government of experts and technocrats with simultaneous suspension of the right to vote and a ban on opposition parties for 20 years. Our Most Honourable Prime Minister should seriously consider taking this drastic measure. Of course, she would have to continue to head the government of experts for this period as Prime Minister in order to guarantee democratic legitimacy. After 20 years, the people should then be allowed to return to the ballot box and vote on the BLP mandate.

  66. In other words, we need a market-driven democracy that subordinates the irrationality of the voters to the rationality and order of the markets. The right to vote for all means that the state’s goal is oriented towards the impoverished masses and their striving for social welfare. The economic data show that this is the wrong way. We need a trustee for democracy that cushions the irrationality of the masses and translates their desires into rationality.

    This is precisely why we have a government that deserves an extended mandate beyond a five-year term.

  67. Notice how Mia is quick to put pen to paper to place Barbados in more debt
    Read where she is giving praise to these international loan sharks for helping her to place the country in further debt
    Barbadians have felt the iron fist of the international collection agency (IMF) in the most harsh and brutal manner as they laid the economic ground work as to who should paid first and in which way and manner
    As a result inflation reached its highest level
    Taxation gone through the roof
    Fees are in an excess of 100percent and out of reach of the average barbadian on minimum wages to pay
    Food and other household requirements are at extreme levels cost wise
    The path which PM choose is absent of creating a semblance of economic growth which can help to ease the economic pain off the shoulders of barbadians
    A path which was travelled before under OSA and which finds the barbadian household driven further down a highway called POVERTY

  68. What is the cost of remanding innocent men and woman in prison for up to ten years without trial? Is the high cost of the criminal justice system part of the fiscal plan?

    Is the president being honest when she says no accused person should get bail? What about those who have been remanded for up to ten years? Was she a Labour attorney general?.

  69. The PM hath spoken an she smiling an she ent wearing a scarf.

    ” Barbados’ economy has now “turned the corner”, and the Inter-American Development Bank (IDB) has played a significant role in the effort, says Prime Minister Mia Amor Mottley.

    She praised the IDB and the Caribbean Development Bank (CDB) for coming to her administration’s aid in 2018 and said “the future of this country this year looks good”, with economic growth predicted to return.”

  70. Which corner? With pensioners not being paid, it is like having a massive bank account and not paying your bills. By the way, how about White Oaks? We were told late last year that a provisional arrangement had been reached with external creditors. When is the full and final deal going to be signed?

  71. Something needs to be done about these conflicts of interest that has corrupted the parliament, supreme court and bar association, they are the main reason the island was sunk to its knees…because CORRUPTION IS THE RULE.

    I don’t think this lawyer was aware until he saw the relationship of conflict in one of the ICIJ expose of who is who on this and that board from the corporate affairs business registry.

    “Douglas Trotman
    50 mins ·
    It is with mixed feelings that I pen this missive… does relationship bias equate to corruption?

    Gollop, Stuart(former AG and PM), P.Cheltenham, and Worrell(judge) are indeed not in a partnership.

    They are directors of a company “Harford Holdings” and each joint signatories to a mortgage held by that company.

    As it relates to their professional practice over the years, I have knowledge of being involved in a case… involving the Indians in 2006- the Cricket World Cup Kensington redevelopment project… where Hal Gollop and son, along with AG Dale Marshall appeared before Justice Worrell in a hearing related to the 14 Indian workers.

    At that time I was unaware of the “relationships” which existed.

    There are other matters… the most critical for me is the Sam Lords Castle matter…

    Here Mr. Gollop represented a company that made an offer to purchase the assets of Grant Hotels Inc.(the company which held the lands comprising 58.1 acres- including the castle structure; and Harrismith(26 acres)).

    That offer never progressed beyond the offer letter stage but was referred to in the substantive case. Justice Worrell was the judge in this case.

    I am conducting an investigation into the relationship between Justice Worrell and Mr. Gollop…and have sought international help.

    That Stuart was both the AG, then the PM is notable. Meetings with him were unfruitful. I can only now surmise why.

    Pat Cheltenham was the attorney who acted for the NIS which brought an action against GHI that triggered it’s Insolvency process…thus forcing the subsequent closure.

    On discovering the above, and being warned by friends about possible danger to life and limb for “exposing” this type of information I have been very cautious to date.

    I am throwing caution to the wind and I put my life and lime squarely in the hands of my ancestors and destiny.

    The question is whether “relationship bias” affects the outcome of cases before the law courts in Barbados.

    If so, whether the resulting delay which affects clients and attorneys in financial ways, possibly causing them to lose their business.. is actionable against the parties creating the bias.

    This is but an introduction to some of the work that I am doing and the work that needs to be done across the board if we are to right size our judicial system.

    A relationship analysis with a look at cases is a start. This too may reveal reasons for the backlog of cases in the system.

    It is clear to me that the government will not pursue an investigation such as this and so this comment on Facebook is meant to draw feedback from you the public.

    Consider the scenario presented… ask yourself if you were the client or attorney…caught in a relationship web, totally unaware…but wondering how you could possibly have “lost” that case… only to find out afterwards that a situation like what exists may have contributed… for can only know if there is a probe.

    Judges and politicians are not beyond investigation or reproach… they seem to think so.

    I have also had a look at corruption…

    The other issue lies in blatant corruption as it relates to the procurement of works, goods and services. The government bought procurement software in 2013.

    That software… the data contained within needs to be audited from then up to present.

    That would capture a 5 year period for the DLP led government and an 20 month period for the current BLP led government.

    I am looking forward to chatting with the Chair of the Public Accounts Committee of Parliament to see if such an investigation falls within his remit.”

  72. All the ICIJ has shown is the corrupt relationship of the crooks who run in packs, along with those with offshore accounts holding stolen bank accounts, stolen estates, stolen this and that from their victims and you can always find them in packs of 3s and 4s sitting together on the boards of companies, that is why investigations have to be started on all of them.

  73. “In other words, we need a market-driven democracy that subordinates the irrationality of the voters to the rationality and order of the markets.”

    nah…ya need a thorough international investigation…and all of you NEED JAILING.

  74. Mr Trotman has to watch himself.
    Must be tough when the system you operate/believe in turns out to be very different from what you think.
    Discovered he is on snowball side of the pigs.
    Hope he does not find out, it is even worse than he thinks,. I doubt the Napoleonites will give up without a fight.

  75. Theo…if they touch him it will definiitely be over for them, they are brazen we know, but attempting to hurt or kill someone for discovering their crimes, in these times, with all eyes upon them, don’t think even they are that stupid, although you never know, but we shall see if they hurt or kill anyone for exposing their human rights crimes against the people of Barbados, most of whom were unaware, many already in their graves and those left behind to vulnerable to fight back.

    For years and years those who came on the blog to expose the criminality and human rights abuses by those in leadership roles were called liars, frauds, demons, bitch, this and that….so we wait to see what they send their imps to do next, there are handcuffs sized for imps, pimps and yardfowls too.

  76. @Tron
    “Capital flight has been halted for the time being and Canadian banks are still on the island.”
    How do you know ‘capital flight’ has been halted? Or even slowed?
    What does Canadian banks overall strategy have to do with anything. CIBC sold. The other two are openly ‘for sale’. The challenge is finding a buyer. In the short-term they are maximizing their profits, to offset any loss in a sale.

    You dodged the White Oak ‘success fee’ on local debt restructure? After that debacle, I would like elections every 3 years. If MAM gets re-elected, that is fine. Not interested in any dictatorship. I would have to return to my rebellious days.

  77. They need to go right through the Caribbean and weed out the parasitic rats, all of them who have been holding up progress for the Caribbean people for 80 years, this did not just start yesterday or 30 years ago, it was handed down to at least 3 generations of vulnerable Black people, by crooks to at least 3 generations of the most toxic, corrupt leaders who only want to be millionaires and big mansion owners, some have been boasting of owning an island, yet all the islands with greedy leaders are broke and always IMF bound.

    And UK no less is leading that battle.

    “The fact that only one of the 12 politicians who demitted office in the last three decades amid corruption allegations has stood trial has not escaped the attention of one of Jamaica’s main international partners.

    After spending millions of taxpayer dollars to create and strengthen a number of anti-corruption institutions in Jamaica, the Government of the United Kingdom (UK) has signalled that it now expects to see more Jamaican public officials and business executives being held accountable for acts of corruption.”

  78. I support and commend the efforts of those individuals who seek to expose corruption, “criminality and human rights abuses by those in leadership roles.”….. as long as it’s done without any malicious intentions.

    I mentioned on a previous occasion that the ICIJ’s website has a disclaimer, which simply says: “There are LEGITIMATE USES for offshore companies and trusts. We do not INTEND to SUGGEST or IMPLY that any people, companies or other entities included in the ICIJ Offshore Leaks Database have BROKEN the LAW or OTHERWISE ACTED IMPROPERLY.”

    To mention “all the ICIJ has SHOWN is the corrupt relationship of the crooks who run in packs, along with those with offshore accounts holding stolen bank accounts, stolen estates, stolen this and that from their victims,”

    …….. (a). without taking the ICIJ’s disclaimer into consideration;

    …….. (b). under circumstances where the flowcharts have not PROVEN anything BEYOND inter-locking directorates, (unless someone can state otherwise) ……. and WITHOUT PRESENTING any ADDITIONAL SOURCES of INFORMATION to SUBSTANTIATE those claims ………

    …….. can only be reasonably described as FRAUD and a malicious attempt to cast aspersions on the reputations and integrity of those individuals.

    I’m NOT “saying” the individuals mentioned on those flow charts MAY NOT BE involved in criminal activities…… all I’m “saying” is the flowcharts, in the form they are presented to BU, do not prove they are.

  79. lawd me gawd….

    “Douglas Trotman Gail Lowe and that is the decent part of the story… but things are coming to a head… just now!!
    This is eleven ( 11) years I have been fighting “certain” people who are hell bent on disenfranchising a certain gentleman.
    I have fought off several attorneys, inckuding PM Mottley… I have blocked them at every turn but stand ready to settle in the name of fairness.”

  80. At least the lawyer has the good sense to know that coorpt behavior coming from those in leadership positions have no place in today’s environment and that the toxic, corrupt supreme court needs to be “right sized.”…and he has the right to ask for international help.

  81. @Artax
    why bother?
    WW&C is on a mission. She has never cared much about accuracy, you might think sometimes, she and POTUS are related. He tweets, she uses other social media. Neither cares if the contents are accurate.
    Beyond your points, the key is ‘source of funds’ and ICIJ says ZERO about that. Or anything financial for that matter.
    Also, any Barbadian owning an offshore entity, is very unlikely to have said entity owned by a Barbadian corporation? St.Lucia or similar jurisdiction is far more likely. And if its a Trust, then all you will find are the Trustees, with no ties to the beneficial owner. Even when armed with names and locations, I have found it very unlikely to discover anything but the entity name, tied to some trustee or management firm with thousands of clients.

  82. “WW&C is on a mission. She has never cared much about accuracy, you might think sometimes, she and POTUS are related. He tweets, she uses other social media.”

    Northern…you are missing the point, the people who have to be accurate will be …a whole lawyer found conflicts of interest just by checking the names associated with his cases and matching it to an account posted by the ICIJ….that is what he posted on FB…guess who will have to be accurate, those who are investigating the accusations…not me, being accurate is not my job and since i don’t work for a fella, i don’t need to be…I would be more concerned with what is actually coming down the chute at the corrupt, instead of what i am posting.

    Hope you don’t have cocktails with those who will be investigated and got text messages and whatsapp how de do and whats not like Donville….that others can find…me, i don’t know any of these being accused, don’t want to know them either..

  83. BTW…if any of you dumbasses plan to call the lawyer a liar, he is not lying and if you do, i hope you get investigated too.

  84. Look at the bright side, the Caribbean’s “international partner” UK has Jamaica under corruption watch, ya know, their politicians and business people…great news, so why not let’s take some bets and see if Barbados’ politicians and business people are next, ya know, their “international partner” UK.

    i bet $50 bucks, anyone wants to backraise me?

  85. @ Enuff

    734 RESIDENTIAL UNITS. Tek dah!! Once again shown to be a peddler of untruths. Here is another example 100% RESIDENTIAL:




  86. @ NorthernObserver February 9, 2020 1:50 PM

    The Canadian banks could have closed their local retailing business completely and settled the financial transactions via Canada or one of the Caribbean nests. They could have fired all local bums at the counter and in the offices immediately. They did not do that and the population owes the Canadians a lot of thanks for that.

    As far as the fees for White Oak are concerned, it will be like all major international transactions. You not only pay the corporation you are dealing with, but also a personal gift to the managers of that corporation. In the case of White Oak, it certainly took small gifts to our international creditors to make them happy as well. So in addition to the White Oak fee, you have to take into account various small gifts. So there’s no need to worry, just business as usual.

    Our government must satisfy the international financial market at any cost. The market is more important than democracy, human rights and other peripheral issues of history.

    So once again our government has done exactly the right thing. Our government had to do the dirty work after Stuart slept for ten years. In return, the population owes Mia Mottley and her team at least five more terms at the polls.

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