UNEMPLOYMENT Fund is Broke, Time for Straight Talk Chairman Leslie Haynes

The following was posted as a comment by Walter Blackman to the Walter Blackman’s Political Insights blog – David, Blogmaster

Based on the link to the NIS investments, provided by NorthernObserver, all BU readers can now sing from the same Hymn sheet – see link https://www.nis.gov.bb/investments-2/

Here are the facts, and the questions to be asked:

The unemployment Fund is broke. Not a cent is left. No bonds, no cash. Nada. Zilch. Rien.
Where will the money come from to pay current and future unemployment benefits? Remedial action has to come down the pipeline very soon.

Government owes (i.e the politicians misused our money) $2.8 billion to the National Insurance Fund, and $0.1 billion to the Severance Fund. There is no cash in the Severance Fund. Where is the money currently coming from to pay the workers’ severance that employers are refusing to pay?

Is the law being broken with respect to the payment of unemployment and severance benefits?

The only way Government can repay the money owed to the NIS is through taxation. Who will the Government tax to get the $2.9 billion for the NIS?
The Baby Boomers have started to retire and will do so by the thousands every year until 2033. How will their retirement benefits be paid? Something has to be done very soon

At the beginning of 2015, the NIS was paying roughly $40 million per month (just think about the multiplier effect this has on our economy) in NIS retirement pensions. That amounts to $480 million per year, and $960 million over two years.
We can therefore understand what the Chairman of the NIS meant when he said: “there are sufficient funds there that we can see this through at least for the next two years.”

However, the Chairman went on to say: “So there is no cause for concern.”

Every BU reader can now look the Chairman of the NIS fully in the face and say: “We do not agree with your assessment of the NIS, Mr. Chairman. There is great, great cause for concern, and in fact, we are very, very concerned. Next time you speak, please tell us what is the Board’s solutions to the massive NIS problems we face.”

…what are the Board’s solutions?

483 comments

  • Well If the initiative fails which it will in this COVID enviroment
    Mottley would receive a welcoming stamp and become the butt of all jokes while PTL gets the last laugh

    Like

  • In the USA an estimate was giving of about 45 thousand dollars per COVID patient treated with mild to severe cases
    If that number is true giving that the barbados cases are around 275 it would not be far fetched to assume that medical treatment here would be about the same number
    Which begs the question why hasnt govt put a policy In place which would take the financial burden off the health system
    One which will require patients to pay some of the cost
    Many of these people coming to barbados are not poor and can afford some kind of payment towards their well being
    However we have a govt who believes that Humanitarian means taking from the poor and giving to the rich

    Like

  • RE Which begs the question why hasnt govt put a policy In place which would take the financial burden off the health system
    One which will require patients to pay some of the cost
    THAT IS RUBBISH
    OUR HEALTH SERVICE IS NOT SO DESIGNED
    WHAT IS NEEDED IS FOR BUSYNESS FOLK TO PAY THIER TAXES
    AND THAT THESE TAXES BE PROPERLY USED BY THOSE ENTRUSTED AND EMPLOYED TO DO SO TO DO SO
    EVEN THE GREAT USA DOES NOT HAVE A HEALTH SERVICE LIKE THE ONE IN USE THAT I DESIGNED AND PROPOSED IN EARLY 1985

    Liked by 1 person

  • Well not all of us are rich when we ascribed certain people to manage our financial affairs that does not mean we give them carte blanch to do as they dam pleases
    If x amount is to be given to a certain area i expect that much should be sufficient to take care of that are
    But dont expect that after a path of squander mania takes control to be digging in my pocket to fill the missing hole
    Only a few weeks ago Mottley said that the QEH was short on beds
    Meanwhile there are people coming from hot spots receiving free beds free food and free medical attention at the expense of all barbadians
    Dont know how a call to asking the Overseas Covid patient to foot part of the medical treatment is so bad
    One can hoot and holler all wants about business paying taxes
    A trend has been set these business people are not idiots
    Meanwhile yuh could talk till cows come home about them paying taxes
    The end result being while all wait for them to pay taxes the medical cost for the overseas patients would be pass on to the bajan household who can least afford to pay their bills
    The USA a rich company demands all to have medical insurance or pay outpocket expense
    No freeness

    Like

  • Lord come for your world after reading some of these comments by people who claim to be Bajan. And on the eve of Independence no less..

    Like

  • The jokers in parliament are so intellectually poor, they cant even create a new honors system, they’ve had months to develop one before and after telling the monarchy to take a hike, glad no one put any ideas on that out there on any forum, or it would be STOLEN TOO..

    Like

  • @ Mariposa

    You are right to call for a review of the health system and of serious thinking about health economics. Under a universal system, all heath care is free at the point of need for citizens.
    Non citizens should be asked to meet the full cost of their treatment. However, they should not be denied urgent treatment, but it should be made clear that that cost is a debt ie get them to sign agreements.
    I would go further as I have said before; all medical treatment should be met by the state for citizens, but the bed and breakfast add-ons should be met by the patients or their relatives.
    The habit of abandoning elderly relatives in hospital, called bed-blocking, should stop and the way to do that is by compulsorily forcing the next of kin to meet the bills. Whether they like it or not, tough luck.
    With CoVid visitors, if they cannot pay for their treatment, then they should be returned to the last country they came from.

    Like

  • Exactly my point Hal
    Barbados health care system is on life support
    Yet govt can find money to treat COVID patients coming from hot spots
    Meanwhile citizens a few weeks ago were told that the health care system could not meet their every needs unless their are emergencies
    Now take a look at the picture ir messages govt is giving to the citizen in need of health care
    Then compare it to all the free health care govt has given to the cruise industry whose cruise ships were docked in barbados harbour with COVID patients
    The hot spot Overseas COVID people govt is spending money giving free medical treatment room and lodging
    Questions should be asked of govt who will foot the bill
    Not against these people getting medical treatment but for christ sake these treatments are very costly and these infected patients non-citizens should help with some of the cost
    All this sh.it happening under the guise of humanitarian causes adds up to money coming out of the bajan household pockets who can least afford more taxes and fees

    Like

  • @ Mariposa

    Your thinking is not only ahead of the average BU regulator, bug also ahead of the policy-makers and politicians. Verla should recruit you to one of her advisory panels, even though you are not a lawyer.

    Like

  • Hal since May or even for past 10 years bajan households been catching hell with taxes
    Two years later the pensioner and local bajan bond holder like myself was taken for a ride
    Now this govt puts an initiative in place to help the tourist industry by opening the borders
    So far 275 COVID patients not counting the others from the cruise ships
    All infected and have received free medical attention
    Meanwhile barbadians who have worked and paid into the NIS cant get their money
    But barbados govt entertains the rich from Covid hot spots and they get free medical care
    None of these people never paid taxes or lift a finger by way of helping barbados
    Questions needs to be asked of govt who foots the humanitarian bill for these COVID patients

    Like

  • both HAL & AC ARE TALKING RUBBISH HERE

    BECAUSE MY WIFE WORKS FOR AN INSURANCE COMPANY, WE HAVE “GOOD” HEALTH INSURANCE

    IN THE USA “GOOD” HEALTH INSURANCE IS CONSIDERED HEALTH CARE AND IT IS COSTLY, AND TOTALLY UNAVAILABLE TO THE POOR………….AND YOU HAVE TO MAKE AN APPOINTMENT WEEKS AHEAD TO GET IT

    IN 2X 4 BARBADOS IF YOUR HEAD HURTS, FROM TIME IMMEMORIAL YOU COULD GO TO CASUALTY……..NO COST…..NO APPOINTMENT

    FROM SEPTEMBER 1 1985 YOU CAN GO TO THE NEAREST POLYCLINIC AND PAY NOTHING, AND GET TREATED WITHIN HOURS WITHOUT AN APPOINTMENT

    REASONABLE FOLK CAN NOT ASK FOR MORE

    HAL SAYS Under a universal system, all heath care is free at the point of need for citizens.
    THIS IS SO IN 2X 4 BARBADOS
    THANK VIC JOHNSON WHO HAD THE SENSE TO LISTEN TO ME
    AND OBRIEN TROTMAN THE MOH IN 1985

    HAL & AC YOU KNOW NOTHING ABOUT HEALTH CARE OR HEALTHCARE SYSTEMS. YOU HAVE NOT STUDIED EITHER

    Like

  • @ GP

    I am incapable of studying anything, even buffoonery. However, you have not dealt with what I said. Plse cut out your personal experience and stick to the policy issues.
    What do you object to? By the way, the US is not renown for its health service.

    Like

  • @ Mariposa,
    Our tourist industry must be kept propped up at all costs. Those are the views of our government and the so called hoteliers. Never mind that it is a sunset industry.

    As per usual it will be the predominantly African majority who will pay heavily for this in their pockets. They will also witness a continuation of diminution in government services.

    The irascible GP often employs the phrase “what are you going to do about it?”.
    With the masses remaining forever silent you should expect the status quo to remain firmly entrenched.

    Like

  • RE the US is not renown for its health service. I KNOW. I LIVE HERE AND I HAVE BASICALLY SAID THAT ABOVE IN PERFECT ENGLISH
    RE Plse cut out your personal experience SORRY BUT THATS WHAT HELPED TO CAUSE AN IMPROVEMENT IN 1985 AND I WILL NOT APOLOGIZE FOR SAYING WHAT HAPPENED

    BECAUSE I HAVE NOT BEEN PERSONALLY INVOLVED FOR THE LAST 25 YEARS I WILL NOT PONTIFICATE. BUT WHAT IS NEEDED IS SOME ONE WITH THE VISION AND GUTS TO GO AGAINST BAMP AND THE STATUS QUO AND GO TO THE HEAD OF THE STREAM AND SAY “THIS IS WHAT I THINK WE SHOULD DO” JUST AS I DID IN 1985

    I WROTE ADAMS, WHO RESPONDED PROMPTLY. I STILL HAVE HIS LETTER TOO
    ADAMS HAD GONE TO THE UK AROUNF 1950, AND WITNESSED AND WAS IMPRESSED BY THE NHS THERE IN ITS EARLY YEARS, AND RIGHTLY SO. I WAS IMPRESSED TOO BY THE LITTLE THAT I SO.

    AS THE UK SYSTEM GREW IT WAS BURDENED MAINLY BY THE INCREASING COST OF DRUGS,AS THE PHARMACEUTICAL INDUSTRY GREW.

    ADAMS SOUGHT SUCH A SYSTEM FOR BARBADOS, AND REJECTED MY SCHEME, WHICH WAS EVENTUALLY PUBLISHED HERE ON BU IN EARLY 2008. I HAVE SEEN IT IMPLEMENTED IN ST LUCIA WITH THE EMBELLISHMENTS THAT WERE ALSO POSTED HERE ON BU IN EARLY 2008

    PERHAPS IF TOM HAD NOT DIED IN MARCH 85, AND IF VIC JOHNSON DID NOT BRING HIS ASTHMATIC WIFE TO THE FLEDLING ER AT ST JOSEPHS, AND HAD THE SENSE OR POLITICAL WILL TO LISTEN TO A YOUNF DR, WE WOULD NOT HAVE HAD THE NHS OPERATING OUT OF THE POLYCLINICS.

    I REPEAT WHAT IS NEEDED TODAY FOR OUR NHS, IS NOT MEDICAL ILLITERATES BULL SHITTING FROM EITHER NEAR OR FAR, BUT CURRENTLY INVOLVED FOLK WITH THE VISION AND GUTS TO GO AGAINST THE STATUS QUO AND GO TO THE HEAD OF THE STREAM AND SAY “THIS IS WHAT I THINK WE SHOULD DO” IN 2020, JUST AS I DID IN 1985

    Like

  • @ GP

    The cost of drugs is a procurement issue, which is expensive and can be better dealt with. You are a doctor, I am talking about policy. What critique do you have about what was said above, apart from your personal experience, which always makes bad policy.
    Are you objecting to what I said above, if so what and on what grounds? We cannot have a debate unless we understand each other.
    By the way, plse name a single medical doctor who is also a health economist in Barbados? Do you think patients and taxpayers should have a say in policy?

    Like

  • The Barbados Labour Party is rewarding all their yardfowls this morning.

    They are not rewarding DAVID????? You are a faithful person to the slow motion thinkers in the Barbados Labour Party.

    Like

  • MR AUSTIN
    I HAVE SAID ALL THAT I WILL SAY ON THIS MATTER
    DO HAVE A VERY GOOD DAY SIR

    Like

  • @ GP

    Thank you.

    Like

  • Proverbs 3:27 SAYS Withhold not good from them to whom it is due, when it is in the power of thine hand to do it.
    THIS IS SORTA SAYING GIVE CREDIT TO WHOM CREDIT IS DUE
    THIS IS SOMETHING IT SEEMS THAT BAJANS HATE TO DO

    Like

  • Whatever happen to the CXC debacle????

    The Barbados Labour Party Govt. hoping it will all blow over????

    Like

  • It would seem like the TEACHERS don’t mind correcting the SBA’S now that their beloved Barbados Labour Party is in Govt.

    That was only a problem for MARY REDMAN and the TEACHERS TRADE UNION when the DLP was in Govt. Boy, Barbados is full of hypocrites. No body in the Barbados Labour Party or their supporters act on principals.

    Like

  • The Barbados Labour Party and their supporters here on BU kicked up dust about the WASTE TO ENERGY PROJECT when they were in the opposition. Now that the BLP got Govt. it is just what the Doctor ordered for Barbados.

    Just what we need.

    More hypnotical stance by the Barbados Labour Party and their supporters. These people really think in slow motions, projects have to be thought about by the DEMOCRATIC LABOUR PARTY, then they have to fight against it. Then when they get into power they take these same programs and tell the World it was theirs. Bunch of hypocrites without an original thought of their own.

    That is, if the BARBADOS LABOUR PARTY say WALK, run like hell.

    Like

  • re stop posting ideas to the blog, they don’t even want Black people to get credit for an idea in that dirty hole of a haunted house, PLT is lucky the frauds didn’t say it was cow, bizzy or maloney’s idea about the 12 month visitorstamp, that’s how repulsive and law crawling they are.
    THAT IS EXACTLY WHY I DONT POST ANY IDEAS HERE
    THEY WILL CLAIM IT AS THEIRS
    NOT ONLY THAT FOLK WILL COME HERE ON BU AND MOCK YOU AND SAY THAT THE IDEA IS NOT YOURS AS WAS DONE TO ME
    +++++++++++++++++++++++++++++++++++++++++
    There is a deeply embedded culture of plagiarism and intellectual theft in Barbados. It is blatant and shameless.
    It happens all the time in work settings where bosses take their staff’s ideas and pass off as their own; in business where competitors blatantly steal ideas often through intermediaries like banks and credit unions and in the govt.

    Why anyone would be surprised that @PLT has not been given the proper attribution is beyond me.

    Like

  • @Dullard

    Does it explain why patent and copyrights laws are on the books of all countries – including developed countries – to protect IP?

    Asking for a friend.

    Like

  • Sargeant,

    Regarding puddin’ an’ souse pun a Monday – you should have recognized by now that I am a free spirit, or in Bajan parlance, a mad woman, not bound by what is expected of me. Not only do I cook a corned beef 123 on Sunday but often at hours when most people are asleep. I move as the spirit moves me.

    Like

  • Why is it that every time the Barbados Labour Party is in opposition they are bitterly against the Caribbean Broadcasting Corporation. They are going to shut it down when they get in office.

    But they never do. When they get into office all they do is fire the professionals fouind there and install their yardfowls in the GAY COMMUNITY.. This has been going on for decades. From the time they employed Berry.

    Like

  • Are you eating cou cou this here Independence Day? Why are you are throwing out red herrings?

    There are murder laws on the books in Singapore and in the favelas of El Salvador, right? . How do the homicide rates stack up?
    The cultural, social and political climate drive the differences.

    Liked by 1 person

  • @Dullard
    There is a deeply embedded culture of plagiarism and intellectual theft in Barbados. It is blatant and shameless.
    It happens all the time in work settings where bosses take their staff’s ideas and pass off as their own; in business where competitors blatantly steal ideas often through intermediaries like banks and credit unions and in the govt.
    ++++++++++++++++
    Barbados is hardly unique in that regard, in your round up you left off one important segment-Politicians.

    Like

  • @ Hal,
    I see that our Guardian newspaper is running an investigation into the financial affairs of the Indian wife of the UK Chancellor of the Exchequer.

    This issue concerning tax avoidance has to be addressed as it’s the tax paying citizen who always ends up loosing. Barbados name is on the list.

    Like

  • @TLSN

    Yes. It is alleged he failed to register his benefits from his wife’s wealth. He claims he followed the rules. You may remember a few years ago her father’s technology company had an interest in Barbados.
    I became aware of this from reading the Official Gazette and could not understand why the alarm bells were not ringing. By the way, Sunak made his money as part of Goldman Sachs, a company that Obama plowed lots of taxpayers’ money in to after the banking crisis.

    Like

  • These people would do anything to avoid paying taxes just like in Barbados. Only the poor pay their share of taxes.

    Then when there is a crisis, the Govt. must bail them out from the Treasury.

    https://www.theguardian.com/world/2020/nov/30/rishi-sunak-wife-akshata-murty-imm-mauritius-india-tax?utm_term=Autofeed&CMP=twt_b-gdnnews&utm_medium=Social&utm_source=Twitter#Echobox=1606716838

    Like

  • Balancing pension resilience
    THERE ARE RUMBLINGS about the funding sustainability of the National Insurance Scheme (NIS) in the medium to long term. A number of factors contribute to this uncertainty.
    The demographics of the coming generation currently reflect that it will eventually not be making enough pension contributions to the Scheme as compared to pension benefits payable. It therefore rests on would-be pensioners of that future period to be not only vigilant, but seek to make provision with respect to their retirement funding.
    The challenge arises as company pension schemes are more recently requiring new employees to take greater responsibility for the investment of the pool of retirement funds held for the employee. Companies are moving toward implementing defined contribution pension plan pensions schemes as against defined benefits plans.
    With a defined pension plan the quantum of the benefit is explicit, to the extent that the invested pension funds cannot provide that benefit, the company is responsible for meeting the shortfall. Similarly, surplus in the pension funding would also be shown. This means that the balance sheet and income statement of the company with a defined benefit pension plan will reflect the fluctuation in the funding level of the pension fund.
    On the other hand, with a defined contribution pension plan, there is an agreement for the company and the employee to contribute an agreed percentage each to the pension plan. That amount is invested as agreed by the employee over the years and whatever is the balance in the employee’s pension account at retirement is available to be converted into a pension. There is no effect on the company’s financial statements during this process since the pool of pension funds is held and invested separately.
    So, the trend is that companies are therefore moving away from reflecting the changes in the pension fund by opting to establish defined contribution pension plans. In this way the company’s financial statements reflect the operating results not distorted by the results of the investment results of the pension fund.
    The employee becomes more responsible for the investment risks and return. Employees therefore need to strengthen their understanding of investments, investment risks and returns and even of saving.
    The accompanying charts for Peter and Mike provide the basis of demonstrating the importance of this kind of understanding with regard to the choice of pension options on retirement: all or part as a draw down; as a purchase of a pension; or as an annuity.
    In each chart, the first column presents the age of the pensioner; the second column represents the annual return earned on the invested fund, labelled as ‘Gain/Loss’; the third column represents the amount of fund withdrawn from the pool of invested funds at the beginning of the year, labelled as ‘withdrawal’; and the fourth column represents the fund balance of the pool of funds at the end of the year.
    At retirement both Peter and Mike have a pool of $500 000. It is assumed that they project that they will need $30 000 per year to cover retirement expense in addition to what is available from the NIS scheme. This example demonstrates the differing situation between Peter and Mike in applying the drawdown method to the pool of funds at retirement. Right at the start of Peter’s retirement period, his investment is hit by recurring negative returns (like what may be reflected for 2020-2022 period as a result of Government debt restructuring and the effect of COVID-19 pandemic on businesses). There are three consecutive years of negative returns.
    Mike is assumed to retire at a period when there is relatively stable return at the four per cent level for those first years. Even though he faced the same level of return as Peter going forward thereafter, he never runs out of funds. Peter on the other hand, completely runs out of funds by 82 years old.
    Peter actually draws out less on an absolute basis than the $500 000 with which he started. On the other hand, at age 90, Mike has drawn down $750 000 in total and still has an invested fund balance of $647 000.
    The key point being highlighted here is not only at retirement, pension and would be pensioner need to balance their risks. No one knows when
    there may be the next big prolonged negative downturn in investment returns – debt and equity.
    Even when it comes to pension funding, it may be necessary for the employee to increase his level of savings in a defined pension benefit pool due to sustained negative investment returns.
    When it comes to choosing how to draw a defined pension pool, it may be useful to secure a fixed amount for life (via an annuity or purchasing a pension) as against drawing down all the funds and counting on the market to maintain a reasonable pool of funds for the entire pension period.
    Louise Fairsave is a personal financial management advisor, providing practical advice on money and estate matters. Her advice is general in nature; readers should seek advice about their specific circumstances. Email louisefairsave@nationnews. com.
    LOUISE
    A.FAIRSAVE

    Like

  • Banking by any name
    IF THE REPORT that Professor Justin Robinson recently did use the words “shaking up the financial services sector” is accurate, then I take issue with him. Opening this institution with a lending limit of $20 000 to “fund and assist the small business sector” does not even move a hair on the combined heads of the banking sector. I refer to the commercial banking sector.
    Look, a commercial bank is a bank because people put money in it. The more money people put into it, the more it can lend and make profit. If nobody puts money into the bank, it would only have its capital of the shareholders for lending and to pay staff. The Central Bank would have a say in that.
    Therefore, a bank in Barbados can behave as it wishes only because we continue to feed it with savings. For example, a bank recently told an elderly customer that it could not provide him with a loose cheque as it used to do. The customer will have to order and pay for a cheque book. If he does, the first two cheques issued will be free but the other 58 will incur a charge of $2 per cheque drawn. Should that customer continue to allow the bank to use his money and then charge him each time that he draws a cheque?
    Every day the banks are finding new ways to make profit without taking risks. You think that the banks have forgotten the price they paid for our reneging on the bonds in which Government had forced them to invest 22 per cent of savings? I maintain that it was better to have a quarrel with our own people.
    So, Professor, let us look at the paltry efforts that we are making to substitute for banking.
    Government has used Fund Access, but that has serious limitations and does not scratch the surface. Other efforts have been made where the debit side of the balance sheet has
    limited scope and promises without fulfilling. Such institutions are unable to grow because they are constrained by the legal requirements for advertising for savings. Then there is the question of the rate of interest. Where does usury come into the picture? There is a reason why these institutions place a limit on the amount that they can lend. They cannot raise savings from the general public. That is why they cannot “shake up the banking sector”.
    But we in Barbados seem to have gotten cold feet because of bad decisions with the Barbados National Bank. It was poorly conceptualised from the start and instead of rectifying the structure and the main protagonists, we decided to sell it. At school we are taught to learn from our mistakes, but sometimes in Barbados that does not happen.
    Failure does not mean that we should not try again and beat up on ourselves. What we must do is beat the banks at their own game. I could fill this page with things that a bank can do as opposed to some paltry efforts being made. Savings, current accounts, overdrafts, loans, foreign exchange in multiple currencies inward and outward, mortgages, lending of all types, bill in a variety of ways outward and inward collection, travel direct and indirect arrangement, guarantees, correspondent arrangements with multiple foreign banks, remittance by mail transfer and cable, and receipts of funds, provision and receipt of cash and other instruments, etcetera.
    Then there is the provision of a virtual platform and the way to the future. I have not mentioned international credit cards, ATM and home banking. Substitute arrangements can only pretend and frustrate.
    Nobody vex with Courts. It facilitates those who cannot do better. It allows a man or woman to buy a washing machine or a bed and pay for it over a long period even at a high cost, but the facility is provided. The Central Bank, in its humble way, is supposed to ensure that banks do not get
    involved in usury even if you consider the interest rates on credit cards; and the Financial Services Commission is required to keep an eye on non-bank institutions that get involved in lending – by the way, do they visit these institutions?
    A nice old lady wrote to me: “ Wild Coot, you should be the last body to talk about banking in Barbados. You went away and help out everybody and left we scrambling. Think we forget?”
    I remember from my early days reading John 4:44 in the Bible. Think I forget?
    Harry Russell is a banker. Email quijote70@gmail. com.

    Like

  • Just watch the Independence day celebration
    Just couldnt help but Think that Mottley address was reminiscent of Trump mass meetings pure political utterances
    But what most got my attention was the subliminal message of asking Bajans to stay the course
    A course which is painful for human minds to absorb

    Like

  • RE Just couldnt help but Think that Mottley address was reminiscent of Trump mass meetings

    NOT TRUE AT ALL
    TRUMP IS FUN TO LISTEN TO…….THE REASON HE APPEALS TO THE MASSES
    MIA IS A BORE!
    TRUMP IMPROVED THE US ECONOMY , ESPECIALLY PRIOR TO COVID 19
    MIA CAN NOT DO ANYTHING TO IMPROVE THE BAJAN ECONOMY IN THIS WORLD OR THE NEXT……..OR PRE COVID OR POST COVID
    MIA IS LOTS OF HEAT BUT NO LIGHT
    SHE NOT EVEN ATTRACTIVE TO LOOK AT, AND DRESSES POORLY
    WHAT A CONTRAST TO SANDRA……..STILL BEAUTIFUL AND ALWAYS WELL TURNED OUT

    Like

  • Barbados is hardly unique in that regard, in your round up you left off one important segment-Politicians.

    Let me get this right.
    Dog, snake and monkey meat are are exotic delicacies in some parts of China. Let’s all start eating rats in Barbados because others do it and after all, we would “hardly be unique in that regard”.

    The argument is not whether intellectual theft happens elsewhere or not but that it happens too often and too often without consequence in Barbados.

    The Bajan Condition at its finest…

    Liked by 1 person

  • @Dullard

    What are the facts to support your claim or is this a trumpian moment.

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  • @David

    The Dullard is dreaming. Barbados is a beacon of intellectual property rights and board-members-for-hire don’t steal ideas and pass on to those with big pockets.

    PS: The NIS is also fully funded and in fantastic shape.

    Like

  • @Dullard

    Understood, you have no proof. Just an off the seat of your pant comment.

    Like

  • @ David November 30, 2020 11:45 AM

    You, “Mr. Chairman”, ought to know that BU is the goldmine for ideas to be exploited by politicians and their so-called consultants for their own aggrandizement and to make them appear as ‘thinking and proactive’ in the eyes of both their political foes and corporate friends.

    How many times have you seen ideas and proposals raised here on BU only to find themselves being the ‘original’ products of self-proclaimed authors regurgitated either in the traditional media or on the floor of Parliament?

    Liked by 1 person

  • @Miller

    And this blogmaster has no problem with ideas being cherrypicked from the platform without looking for reward or recognition.

    #forloveofcountry

    Like

  • There is a deeply embedded culture of plagiarism and intellectual theft in Barbados. It is blatant and shameless.
    It happens all the time in work settings where bosses take their staff’s ideas and pass off as their own; in business where competitors blatantly steal ideas often through intermediaries like banks and credit unions and in the govt.

    Why anyone would be surprised that @PLT has not been given the proper attribution is beyond me.

    Like

  • @ Dullard

    You are right.

    Like

  • Looks like Africa is following PM Mottley with a similar call.

    https://platform.twitter.com/widgets.js

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  • They all tief as much as they can from the public purse, put the countries in debt with their stupidity and corruption and then got the nerve to come in crying the SHIT HAS HIT THE FAN and everything else…….steuppppsss.

    Miller…that’s why i don’t put anything out there anymore, they ‘re always boasting with their fraudulent asses and should not need to go stealing any ideas so they can lie and show off of that it’s theirs…without giving credit to the black people who created it….can’t get another idea of mine, since they can’t even create a new honors system and still using Elizabeth’s…frauds..

    creatives have found a unique way to circumvent these intellectual property thieves, something they will never think of in 12 lifetimes…..as long as it’s a black person’s property, they are ready to steal it, scum.

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  • @WW&C
    “that’s why i don’t put anything out there anymore”….superb line. Possibly one of your best ever. The unknowing reader is left with the distinct impression, that beyond the chorus lines to your anthem, which you recite daily in many forms, there has been more. Very good.

    Like

  • A ferner’s view. Apologies in advance if it has been posted before, I don’t follow every thread.
    https://www.theglobeandmail.com/opinion/article-my-hometown-toronto-went-into-lockdown-again-in-barbados-where-im/

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  • While yall allow ya no good black face governents in Barbados who enable these low class minorities to get prominence over the 97% Black majority, check out the dirty mentalities of the white majority in UK toward the 4% Black minority……keep on letting the evil government tdisrespect Black people’s existence on the island.

    Like

  • keep on letting the evil government DISRESPECT Black people’s existence on the island…while Mia help the minority scum STEAL BLACK PEOPLE’S MONEY..

    Like

  • “that beyond the chorus lines to your anthem, which you recite daily in many forms, there has been more. Very good.”

    🤣🤣😂 At some point in time, you are very likely to see the “more”

    they broke the country and would have to rob it again to pay me for suing their useless tails if they stole anything i have copyrighted, the racket i would make would last for YEARS……they don’t deserve any help period.

    Like

  • Cousin Boris up in England talking bout there is no racism, he ain’t even got no shame…

    Like

  • The culture of plagiarism, theft of ideas and intellectual theft in Barbados is rampart. Especially among the Barbados Labour Party Govt. They don’t have an original idea in their head. That is why they steal form Tom, Dick, and Harry. They then claim the Ideas as their own.

    Just one example. When in opposition the Barbados Labour Party and their supporters went up and down Barbados decrying The Hyatt Hotel project. It was too high for Bridgetown, no environmental was done, it would make Barbados lose its Heritage status, there were plans to prevent Barbadians from using the beach, there was not enough water to supply the Hotel, it would put severs pressure on the Bridgetown sewage project, it was suitable for its location, Maloney should not be given the contract and on and on they went.

    The same WHITE BAJAN Maloney who they despised or pretended to despised and wanted to lock up is now the the Barbados Labour Party Govt. best friend. The have even taken Mrs. Ram building , knocked it down , heavens know what happen to her stock, not pay her a single RED CENT for her property to this day, give the spot to Americans, property which belongs to naturalised Barbadians , so that the Hyatt Hotel can be built. .Which according to the Barbados Labour Party Govt. is now the savior of Barbados.

    Just one example their are lots more.

    Like

  • @ Waru,

    You are correct in your statement that members of the BU family should not suggest ideas on this blog in case they are hijacked by this lazy government.

    My biggest concern is the continuous determination of this government to undermine, suppress and to narrow both the life chances and the quality of life of Barbados black population.

    None of us should be surprised as this government inherited a system from their old colonial master – the British. It is a system that both Hal and I are familiar with here in the UK.

    The documentary/film in the link below was banned (still is!) in the UK. I would urge you and the BU family to view it.

    Black Barbadians can no longer remain innocent and naive bystanders to their plight. This film highlights how the Brits had in place a strategy that would ensure that Caribbean descendants who were born or who settled in the UK would never have a seat at the table.

    Both the Bees and the Dees expressed an interest in opening up Barbados to mass immigration. Both parties favoured and prioritise the needs of Barbados minority community over the majority population. Anybody noticed the number of Asians/Indians who are linked to Mia?

    This will be my final warning to Barbados majority black population. They have to remember that Barbados is not only their spiritual home; it’s their only home.

    There are too many superficial commentators on BU who validate and accept life in Barbados. They will foolishly state that there is no where else they would live than in Barbados. These commentators are short sighted. They need to wake up and study the horizon.

    Like

  • Here is one of the foolish ones. Would not want to live in England where you are, at all. I am fully awake and happy in Barbados.

    It is not heaven but it sure isn’t hell! Where in the world must one go to escape racism? Not England. Not America. Not Canada.

    We continue to work to overcome.

    In the meantime, life is still worth living. At least mine is.

    Liked by 1 person

  • For most black Barbadians living in Barbados, it is a case of Barbados or bust. For Hal rooted in London; he has a comfortable existence. For me, I have interests in a European and an African country. Should I need to, I can spend time in Barbados or the UK.

    I do not want to sound arrogant. Thank God, I have options. You guys need to buckle down and make sure that your kids and grandchildren will have options in an increasingly discriminatory Barbados. Do not allow Mia to devalue your birthright.

    Like

  • @ Donna,
    You definitely are not foolish. The UK government will shortly be “repatriating” a number of “Jamaicans” back to Jamaica.

    Their was a mobilisation of some eighty black celebraties who protested to the UK government. The government backed down and agreed not to deport those individuals who immigrated to the UK if they were under the age of twelve.

    Donna, black Caribbeans are still living under siege in the UK, irrespective of their age, education or their profession.

    All I ask of you is to not become complacent. I was born in the UK and grew up with the mentality that the British could one day ask me to leave the country.

    Like

  • “You guys need to buckle down and make sure that your kids and grandchildren will have options in an increasingly discriminatory Barbados. Do not allow Mia to devalue your birthright.”

    that’s exactly what she’s doing to keep the nastiness that’s racism, corruption and the dehumanization of Black people in play….

    Boris claims that there’s no racism in UK, so why is there any racism in Barbados A BLACK/AFRICAN COUNTRY modeling itself on UK racism and all and claiming to be little england……ah can’t even see him on FB to ask him..

    “My biggest concern is the continuous determination of this government to undermine, suppress and to narrow both the life chances and the quality of life of Barbados black population”

    and that’s exactly how those douche bag black faces plan to keep it…i used to give ideas, until it was revealed that they’ll just twist anything offered in order to maintain the fraud they’re perpetrating on Black people…so, nothing more from me…

    “Both the Bees and the Dees expressed an interest in opening up Barbados to mass immigration. Both parties favoured and prioritise the needs of Barbados minority community over the majority population. Anybody noticed the number of Asians/Indians who are linked to Mia?”

    sellouts, sellouts, sellouts..

    “They have to remember that Barbados is not only their spiritual home; it’s their only home.”

    the wicked governments have over the decades severed any spiritual links the people had with their ancestors or the continent and pointedly refuse to reestablish those connections because they are tiny rotten fish in tinier ponds that believe that they mean something in the scheme of things and never put the best interests of the Black majority first…

    most people will not want to reconnect on their own, because they have been bred to hate Africa and all things associated with their mother country, and look to racist ass England instead that don’t even like them, so brainwashed into believing all the evil bullshit and lies these fly by night fake leaders spout….it’s disgusting..

    TLSN…at least you’re cognizant, many believe they’re safe in the Caribbean, won’t they be shocked to find out otherwise…something like Professor Reparations.

    Like

  • TSLN..they would’ve banned it to hide their Windrush scam of having the descendants of slaves pay taxes to compensate slave masters’ debt to financiers for loss of human property…wouldn’t want anyone putting two and two together at that time, the debt wasn’t repaid in full until 2015, so even the children and grandchildren of the Windrush generation ended up paying that debt…truly vile.

    “None of us should be surprised as this government inherited a system from their old colonial master – the British.”

    that system along with the accompanying racism and all the structures that were built to destroy the African, should have been abolished decades ago…..but the black faces won’t know how to begin, they can’t even create a new honors system which can be done by any creative within an hour or two, the fact that they’ve had months since Mia’s big republic reveal and are still using Elizabeth’s honor system, tells me they ain’t worth shit…

    …..they can’t even see that it’s assured destruction to keep a system in place that’s always been designed to terrorize black people…even if they had the acuity to recognize this, they more than likely still won’t care..it’s all retrograde..

    Like

  • And this is why i CAN’T STAND…fly by night black governments, there is no turning down protests WHEN RACISTS ROB YOU AND YOU HAVE NO MONEY TO FEED YOUR FAMILIES OR PAY YOUR BILLS…Mia is still trying to cover up evil shit against black people so she can pretend everything is ok on the island…OH HELL NO…no more protecting white thieves Mia.

    protest temperature must be TURNED ALL THE WAY UP…this robbery of Black workers did not just start yesterday it’s been happening since the 1970s and this is the very first time that the people stood up because their children are hungry and this goat is now trying to shut them up…..to make herself look good…i won’t believe a word she says because if the people don’t get their money to feed themselves, she’ll find another handy excuse and an even bigger lie to massage them with….

    “Prime Minister Mia Amor Mottley put those employers on notice yesterday while delivering an address at the Independence Day Parade, but she also appealed to employees to turn down the protest temperature.”

    Like

  • Yall have to be very careful with Mia…EXPOSE EVERYTHING SHE SAYS AND DOES…or ya will regret it, Piece’s words did not drop to the ground, she is DANGEROUS TO BLACK PEOPLE and the world has to know this….i even saw where Teets is talking about having some vision and my first thought was who black person they trying to rob their estate, bank accounts and rob their beneficiaries and unborn descendants blind of their birthright now, then he went off on some nonsense that we know will never come to fruition or any light…pure massage talk, too many goddamn crooks in the parliament. From the time she’s trying to shut down Barbadostoday, Nationnews ann other sources of information for reporting on human rights issues …SHE IS TRYING HER BEST TO PROTECT RACISTS, THIEVES AND HER OWN ASS…and leave black people suffering and out to sea…

    If she tries to shut down the press or shut up Caswell, she has to be taken down completely, she has no power outside of Barbados and none whatsoever over anyone. except weak people in Barbados..

    https://barbadostoday.bb/2020/11/30/barjam-says-no-to-interference/

    “The Barbados Association of Journalists and Media Workers (BARJAM) has issued a stern warning to Prime Minister Mia Mottley and other Government officials not to try to dictate news coverage.

    BARJAM President Emmanuel Joseph cautioned Mottley about her recent suggestions that the media should not carry the dissenting voice of the opposition.

    He made the comments while addressing the awards ceremony for media workers on Sunday night at the Lloyd Erskine Sandiford Centre.
    Joseph said, “It is a dangerous, unwise and counter-productive road to take in this 21st century. The recent notion by our Prime Minister that the news media should shut out the voice of Opposition Senator Caswell Franklyn for whatever reason (once he is not outside of the law) goes against the highest law in the land – the Constitution.”

    In a stern tone, Joseph said, “BARJAM has no confidence in any suggestion that would like to take us back to the dark days when dissent against the establishment or ruling classes was tantamount to a crime and was met with the most vicious push back that at times ended in death for the dissenter.”

    Like

  • They have not yet learned that the evil you do, FOLLOWS YOU…but they will, soon come.

    Like

  • TLSN……too late, the battle is real and it’s on.

    Like

  • @TLSN

    I have said on a number of occasions here on BU that Barbadians do not know anything about black people in the UK, part from familial and social ties.
    Yet when one tries to explain to them what life is really like in the UK, they fall for nonsense. This is linked to the notion of birth and nationality and the idea of deportation. Barbadians are convinced that if you were born in a country you cannot be deported.
    This myth is linked to the narrative about the Windrush affair and the changing laws of nationality and citizenship. It is a pity that Windrush narrative has taken the course it has, since it was predictable that nothing will change. And it has not.
    I had this conversation with @ Carson Cadogan some time ago. Part of the problem is the BU inability to discuss issues. BU prefers to heckle and shout, rather than learn. One heckler comes on saying how her sister, and cousin and aunt all worked in the UK as nurses, so she is an expert.
    Often, people who have lived in the UK for 50 or 60 years have no clue themselves.

    Like

  • It is not our culture and DNA to deport Barbadians. The COVID 19 pandemic rammed this home when we opened our borders to permit nationals in unlike other countries.

    It is who WE are, those of us who live on the Rock that is.

    Like

  • I have said many times that the BLACK GOVTS in the Caribbean have done ABSOLUTELY nothing to help their UK DECENDENTS.. They have just left them adrift like garbage while welcoming white people TO THE CARIBBEAN BECAUSE THEY BELIEVE THEY ARE NO USE. Now in in their darkest hour, they sadly can not reach OUT for help from any of these sell out BLACK CARIBBEAN GOVTS.

    These BLACK PEOPLE are fighting for their lives, AND NEED OUR HELP, but which BLACK CARIBBEAN BLACK GOVT. CARES?????

    They are rather happy to abandon them.

    Then again they are not WHITE PEOPLE ONLY BLACK PEOPLE..

    Like

  • You hear what the Barbados Labour Party apologist had to say????

    An attempt to WHITE WASH the situation.

    What is being done here on this Blog is the the BARBADOS LABOUR PARTY GOVT. uses the Blog to read ideas from citizens , they then implement these ideas AND CALL THEM THEIR OWN. That is why the Blog always asking for ideas. These are for the Barbados Labour Labour Party Govt. to steal and, implement them and claim them as there own.

    Blatant plagiarism.

    Like

  • re Part of the problem is the BU inability to discuss issues. BU prefers to heckle and shout, rather than learn.
    THIS IS DEFINITELY AND ABSOLUTELY TRUE
    THIS CAN NOT BE REFUTED
    THEY HECKLE AND SHOUT RATHER THAN LISTEN REASON AND LEARN
    JUST READ SSS FROM ITS INCEPTION AND YOU WILL SEE THIS ILLUSTRATED VERY WELL

    THE IDEA IS TO WIN AN ARGUEMENT AT ANY COST
    IT IS HILARIOUS
    BU IS PRIMARILY A SOURCE OF ENTERTAINMENT WHEN YOU ARE BORED
    SOMETIMES YOU MIGHT GET A NUGGET OF TRUTH

    IF SOMETHING APPEARS IN OVERSAS MEDIA IT IS TAKEN AS GOSPEL

    RE One heckler comes on saying how her sister, and cousin and aunt all worked in the UK as nurses, so she is an expert.

    AN OBVIOUS NON SEQUITUR

    Like

  • @ Carson C Cadogan December 1, 2020 7:23 AM

    If you want to keep your ideas in your head that is your choice. if other people prefer to freely share theirs that is also their choice.

    If someone freely shares an idea and government chooses to implement it for the greater good of Bajans, why is that a problem?

    Cuhdear Bajan, neither B nor D, nor any of the parties in the recent bye-election

    Like

  • Windrush group urges Jamaica to refuse to land flight from UK#DangerousDeporteeshttps://t.co/9TFqq2bZj9— Jamaica Observer (@JamaicaObserver) December 1, 2020

    https://platform.twitter.com/widgets.js

    Like

  • @Carson C Cadogan November 30, 2020 5:54 PM “The same WHITE BAJAN Maloney”

    You know that Maloney, friend of both the DLP and the BLP is NOT white don’t you?

    Like

  • @Carson C Cadogan November 30, 2020 8:26 AM “The Barbados Labour Party is rewarding all their yardfowls this morning.”

    The DLP does EXACTLY the same.

    Stupssseee!!!

    Liked by 1 person

  • @ Cuhdear Bajan December 1, 2020 7:58 AM
    “If someone freely shares an idea and government chooses to implement it for the greater good of Bajans, why is that a problem?”
    +++++++++++++++++++++++++++++++++++++++++

    Absolutely nothing ‘wrong’ except that the person(s) doing the implementing must not selfish ownership of that idea for pure egotistical purposes.

    Such a blatant act of plagiarism represents the hallmark of dishonesty and clearly displays a lack of decency and integrity.

    Would you do it, Ms Silly Woman?

    Like

  • @ Miller December 1, 2020 8:35 AM

    Absolutely nothing ‘wrong’ except that the person(s) doing the {implementation} must not [show] selfish ownership of that idea for pure egotistical (and partisan political) purposes

    Like

  • Granted there are a lot of negatives, but ancestor slave countries also have many positives that can be applied to majoreity Black populations like Barbados…..instead of the tired ass slave society…which ya are never going to get away with Mia…i personally know black people who have been engineers for the last 10 years.who was at one time just as young as Emmanuella…yall lazy shitehounds, ya kept back progress for the island’s children and now ya 25 years behind trying to play catchup and still run a slave society…

    “Meet Emmanuella Mayaki, the future of the tech industry. According to Face 2 Face Africa, when Mayaki was just 10-years-old, the coding and programming genius was appointed by the Southfields Primary School located in Coventry, England as an after school code club teacher. Her position at the Southfields Primary School involved her teaching HTML and CSS to her peers and sharing her tech knowledge with the code club.

    Mayaki’s journey in the tech industry started when she was just 7-years-old. In 2016, she received a diploma in Desktop Publishing, Advanced Excel, CorelDraw, Adobe Page Maker, and Advanced PowerPoint. Her list of accomplishments and qualifications doesn’t stop there. In 2018, Mayaki created her own app and designed her own site after enrolling at Tech24 to study Mobile App Development.

    It’s no secret that the future is bright for Mayaki as she has dreams of becoming an engineer.

    “I want to become a machine learning engineer because I have experience in programming and my job is to program a machine to perform specific tasks,” Mayaki said in a blog post.”

    Like

  • @Hal Austin November 30, 2020 6:01 AM “The habit of abandoning elderly relatives in hospital, called bed-blocking, should stop and the way to do that is by compulsorily forcing the next of kin to meet the bills. Whether they like it or not, tough luck.”

    What if the only next-of-kin is a big headed son who has lived in London for 50 years, owns no property in Barbados and intends never to return to Barbados? Give us some ideas as to how the government of Barbados can force such a fella? How does one enforce a court order in a foreign jurisdiction? What if it costs more to enforce the order than a bed in a in an old people’s home costs?

    What if the next of kin don’t have a po to piss in nor a window to throw it through?

    Has any country found a solution to bed blocking? Except perhaps to use a “FINAL SOLUTION?” If so can you tell us which so that we can t’ief their ideas?

    Cuhdear Bajan who cared for 3 elderly relatives from January 1992 to June 2006, all of whom required plenty of hands-on care in their declining years. All while raising a family and holding down a full time job with a quite demanding employer. Cuhdear Bajan who was living over and away in the great white north, and deliberately returned to the rock in anticipation of the elders’ serious needs in their declining years.

    So Cuhdear Bajan int no London bases theorist. Cuhdear Bajan walked the walk, pushed the wheelchair, gave the baths, shaved the chins, washed, combed and plaited the hair [old people have the right to smell nice too, lol!] did the grocery shopping cooked the food, picked up the medicine, attended the doctors’ appointments, bought the walkers and wheelchairs, hired and supervised skilled tradesmen to carry out adaptations to bathrooms, kitchen sinks,and light switches. A decade or more of bare hard work. Done whether the pensioners money/property was enough or not.

    Some people have no understanding of the difference between that 38 year old mummy, and 88, 98, 108 year old mummy.

    Like

  • ROMANS 4:1-4
    What shall we say then that Abraham our father, as pertaining to the flesh, hath found?

    2 For if Abraham were justified by works, he hath whereof to glory; but not before God.

    3 For what saith the scripture? Abraham believed God, and it was counted unto him for righteousness.

    4 Now to him that worketh is the reward not reckoned of grace, but of debt.

    Titus 3:5-7
    5 Not by works of righteousness which we have done, but according to his mercy he saved us, by the washing of regeneration, and renewing of the Holy Ghost;

    6 Which he shed on us abundantly through Jesus Christ our Saviour;

    7 That being justified by his grace, we should be made heirs according to the hope of eternal life.

    Like

  • cuhdear Bajan

    plagiarism

    Let that stick in your head.

    Like

  • John A
    November 29, 2020 6:26 PM

    “@ Walter
    If your concern is correct then the fund is way worst off than my numbers imply. Do you know if any interest payments at all were made in the last 13 months to the fund Walter?”

    John A,

    No. I don’t.
    Similar to you, I am limited to making comments on information that has been made available to the public.

    Like

  • Just one example. When in opposition the Barbados Labour Party and their supporters went up and down Barbados decrying The Hyatt Hotel project. It was too high for Bridgetown, no environmental was done, it would make Barbados lose its Heritage status, there were plans to prevent Barbadians from using the beach, there was not enough water to supply the Hotel, it would put severs pressure on the Bridgetown sewage project

    xxxxxxxxxxxxxxxxxxxxxxxxxxxxx

    DAVID COMMISSONG ANYONE?

    Like

  • Todays headlines in the Nation newspaper is the sportiest I have seen for the Year:

    “PMs promised Nis will pay, but going employers”

    That the most hilarious thing that I have seen for the whole year.

    We all know that this is a joke. Nothing will happen. The employers are breaking the Law and they are getting away with it. The workers are the only ones the losing. I will eat my hat if the Barbados Labour Party Govt. does anything.

    This statement was made for the benefit of Barbados Labour Party Govt. yardfowls like the Blog master. So that he can say a some future ,”‘ she said she will go employers””

    Even though she NEVER WILL, WE ALL KNOW THAT THIS IS A JOKE.

    Like

  • Todays headlines in the Nation newspaper is the sportiest I have seen for the Year:

    “PMs promised Nis will pay, but going employers”

    xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

    @ Carson Cadogan

    THIS IS ONE TIME WHERE PEOPLE ARE NOT GOING TO FOOLED BY EMPTY PROMISES.

    I HAVE EMPLOYED BLACK BAJANS AND KNOW HOW THEY REACT WHEN THEY DON’T GET THEIR MONEY.

    IT WILL BE A VERY INTERESTING NEXT COUPLE OF MONTHS.

    THERE IS NO ROCK TO CRAWL UNDER.

    Like

  • @JohnA
    you need to read up on MMT. The first local economist who jumps on board can be a hero. The only take away which will be heard relates to the money supply.
    Don’t forget….it was your friend Sinkyuh who wanted to repeal the Catastrophe fund in 2016. And it was the same Sinkyuh who slammed the media for what he termed “Wild journalism”. Didn’t he lay the Barbados Sustainable Recovery Program (BSRP). Did the current MoF not repeal (move) the Catastrophe Fund. Didn’t she jump on the media as soon as they were critical. And lay BERT, BEST, BOSS etc
    Like going to a wedding and all the attendees on the same side of the aisle!!!!
    Soooooo…..now the MoF needs to find a way to inject money into the system. Homegrown financing is tougher, unless they increase the commercial bank/credit union deposit percentages with the CBB, and then buy Bonds (or is it Bombs) with that money. Lest we be surprised, Sinkyuh did that too. Or…they can just unleash some dollers.

    Like

  • @ Northern Observer

    Plse go on and tell us about MMT. I m all ears.

    Like

  • The country is in for a little light relief. from the PM.

    If the employers are breaking the law right now and the Barbados Labour Party Govt. is doing nothing about it , she really think that any one believes her that she will go after the employers at some time in far distance future????

    Not every one is as gullible as the Blog master.

    Imagine paying the WORKERS WITH THEIR OWN MONEY!!!!!!!

    Like

  • @ Carson

    She is paying civil servants with their own money. Remember BOSS, Mr Persaud’s creation? She is a political charlatan.

    Like

  • MIA MUTTLEY AINT GOT A CLUE
    WHAT CAN THE PEOPLE DO
    MIA MUTTLEY AINT GOT A CLUE
    SHE TREATING BIM LIKE IF ITS DOO-DOO

    Like

  • @HA
    I know how you like Google. It stands for Modern Monetary Theory. I ‘believe’ it began in Australia, and was ’embraced’ by Saunders in the Democratic leader race. Since I am not trained in MMT, you can deduce your own opinion from a variety of published pieces. I even recall one in the FT.

    Like

  • @HA
    American professor and ‘economist’ Stephanie Kelton is one of a few public MMT ‘faces’ and has authored a number of books on the topic. I have only read one of them ‘The Deficit Myth’.

    Like

  • @HA
    Without even knowing a few moments ago, it appears from one of her ‘feeds’ the FT ‘under lock and key’ (I am guessing you subscribe) has a piece by her today.
    https://www.ft.com/content/53cb3f6a-895d-11ea-a109-483c62d17528

    Like

  • Carson Cadogan
    Imagine paying the WORKERS WITH THEIR OWN MONEY!!!!!!!

    xxxxxxxxxxxxx
    Yuh call that trick-uh-nomics
    OSA said she was a master of gimmicks

    Like

  • Imagine paying the WORKERS WITH THEIR OWN MONEY!!!!!!!

    And she learned from the best, Sinkyuh. He did it by taking government workers NIS contributions, grabbing them and giving the NIS and IOU, and using them to meet the next public payroll. This was after Homegrown, and Dr.W getting vexed when he wouldn’t retreat. Now he pun one of her committees. Imagine dat. The two of them together. They could turn @Tron’s STARVE into FEAST with ease.

    Like

  • and fyi
    FEAST = Full Employment And Severance Tax.
    as opposed to STARVE = Sustainable Tax And Revenue Via Employees

    Like

  • @NO what a pitiful excuse
    Wasnt she the one person cussing Sinckler policies
    Now yuh come here to drfend her by interjecting Sinckler policies which she condemned and now mounts her lilly white horse to make a few laps around the paddock
    Shame on u for letting the dead cat out the bag the same dead cat Mia now calls her own
    Phew dirty yardfowls

    Like

  • But I learned from you, one of the best spinners on BU.
    When the DLP were running deficit after deficit you told the blog the BLP had started it !!!! The dems were only doing what the B’s began.
    I am simply following suit.
    Only now via a committee, they are TOGETHER….lol For love of country we put two of our finest MoF together.

    Like

  • NO i told the truth
    However u comments are loaded with deception
    What u should have stated that Mia being a gully bore would use any trick in the book even the same Sinckler she lambast
    Yuh see spin but tell truth

    Like

  • But see, that’s why you are the test caliber spinner.
    You saw me “drefnd her”?
    I simply pointed out any difference is hard to see, they do the same things under different names.
    They cuss each other’s policies??….that is only scratch grain for the yardfowls.
    Isn’t the same lady, godmother to one or more of the gentleman’s trilldren?
    maybe YOU as a specialist spinner can see a difference, I just sitting in the stands, and I can’t see a difference.

    Like

  • Mariposa

    You are cracking me up . I like that one The Blog master must be seething.

    “”trick-uh-nomics”.

    Like

  • @ Northern

    What is the saying my enemies enemy is my friend.

    I still waiting to hear what Sinkyuh and the rest of the big brain committe come up with for the repositioning of the Buhbados economy post covid. I mean somebody must be had some sort of idea other than throwing $300M at tourism and hoping for the best.

    Like

  • This topic has decended into 5h3 Austin, Waru aka Mrs Mitchell, MariposaCadogan comedy hour pure shite talk not even worth responding to.Imagine these jokers that supported a government which brought Barbados to it, s knees with 23 downgrades giving anyone advice.WTF i am reading.Get loss bunch of losers as most bajans do not want to hear nothing from you.As i always state we will rebound to our pre covid levels.

    Like

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