Feel free to comment on the image. In case you do not recognize the gentleman on the left, he is former Minister of Finance Chris Sinckler.
Commenters are invited to caption this.
Politics Makes Strange Bedfellows
Feel free to comment on the image. In case you do not recognize the gentleman on the left, he is former Minister of Finance Chris Sinckler. Commenters are invited to caption this.
385 responses to “Politics Makes Strange Bedfellows”
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William, TLSN…they won’t hear that they are on the WRONG SIDE OF HISTORY…enabling and endorsing CRIMES against the Black Afrikan populi for their cut….lock them up…spreading lies and misinformation has FINALLY CAUGHT UP…
ah heard one of the main money launderers claim to have Alzheimers/dementia or PRETENDING TO..
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What a beautiful day, hope everyone is enjoying as i am…
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DULLard
U are making a mountain of a molehill with ur accounting of my little scenario
Since you introduce REFINANCING to the conversation here is a little scenario to explain that
If you owe 5 persons $100 each and a car note of $500 / m If u refinance ur car note to pay $400/m then in two months u can repay SOME of ur debtS and in about 5 months u can pay off ALl of ur DEBTS except the Car note
( this is assuming no interest was being added to the debtS) -
@ John John
Barbados is borrowing from Peter to pay Paul. What is that called?
Your “little scenario” is nonsense and not germane to the real issue.
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A pragmatist like the blogmaster will inquire from Dullard what does a government do in 2018 with debt to gdp north of 160%, significant loan repayments falling due, international credit rating at junk status etc?
We are conflating issues. The blogmaster agrees that the remedial action taken by MOTTLEY government to reschedule debt in order to access concessionary and policy based financing is nothing to shout about, it is why we elected them- to do right on behalf of the people they serve.
Both governments have added fuel to the unsustainable economic and social models that have brought us to this point.
We need to stop!
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what does a government do in 2018 with debt to gdp north of 160%, significant loans repayments falling due, international credit rating at junk status etc?
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Do what you have to….
BUT don’t say to brass bowl political yard fowls that you “paid off the debt”. They ACTUALLY believe you…
Indeed, what SHOULD be said is exactly what Owen said some time back…. OUR ASSES are headed for the grass unless we start EARNING our keep…Of course he then promptly kept on wasting money…. (’cause NONE of them know how to do otherwise)
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Can’t wait for the fowls to get picked up HERE and THERE for their money laundering endeavors…..don’t think it’s not known…yall covered a VERY WIDE GEOGRAPHICAL AREA…….
“BUT don’t say to brass bowl political yard fowls that you “paid off the debt”. They ACTUALLY believe you…”
🤣🤣🤣🤣🤣 even worse, telling that BLATANT LIE to the media…who now?? not now, since the REPARATIONS LIE, have to WATCH everything fed to them by politicians and yardfowls…
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SargeantMay 15, 2022 9:36 PM
Wonderfully noted 😉 -
an wen de hurricane come……
Disaster aid and concurrent debt forgiveness could be a political strategy.
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DULLard
Sorry I mashed ur corns when I pointed out the difference/ meaning to refinance
Ur pride seem to be dentedThe whole of Barbados know that Mia borrowed a lot and that THE debt will not be repaid in our lifetime – future governments will have to borrow to service our debt
@ David
I am not sure but I suspect that of the 95% of debt repaid was referring mostly to the local debt inherited. The contractors that wasn’t paid , income tax returned etc
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@John2
The blogmaster’s comment is general. There has to be a short term plan to respond to immediate debt obligations which should not be confused with a bigger publicconcern regarding a plan to develop a more sustainable earning model linked to productivity and earning forex. There is the need also to address public awareness to growing a relevant consumer behaviour aligned to what is practical for a little country.
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Big Sinck played a crucial role in enslaving the masses as financial slaves of the North.
For this he should really be rewarded. The rule of the businessmen will last forever on our island!
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The problem for them and their fowls is they all still believe they are invincible and untouchable with their temporary immunity…..but, there is always a but, am 100% sure they did not tell their fowls certain things that they should know….and not about to any time soon…
…well, i certainly will not eider, cause me and dem int no frens tankfully…..that is one group of public nuisances need to find out things….THE HARDEST WAY POSSIBLE…it would do them the world of good…
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“Mottley mentioned the possibility of a roadshow in September to start to tell our story to the capital markets pointing out “whether we go back into an IMF Programme or not, we believe that our story, which is a credible story, has to be told, in order to be able to…get our way back to investment grade which we hoped would have been much further along had we not had the intervention of the pandemic and the climate crisis”.
A lil advice….capital markets like hard facts and proven results. -
@NO
You would think Avi knows of what you speak? He is on the consulting team isn’t he?
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Mottley think that investors in the international markets are wooded by sound bites and political rhetoric
What she ought to do is use her citizens education as a financial benefit which can produce products which are beneficial to worlds economy having a roadshow wherby the citizens can go to other countries and be educated whilst learning the tricks of the trade
All this education going to waste is an indication of the way govts think of their people -
@ NorthernObserver May 16, 2022 4:18 PM
The international investors will shower us with gold. That’s how creditworthy we are! Please note the ambiguity of my words … LOL.
Small caveat: Provided we pay 20 per cent interest per year and deposit 50000 natives to serve as a kind of personnel security. LOL.
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For decades these taximen and others were WARNED to stop the tourism dependency, stop waiting on tourists, you have the power within you to take control of your own destiny…you are being set up by shite politicians who have no ancestral powers….they did not listen, now look…maybe now they will stop listening to parliament LIARS and FRAUDS…
permanent dependency is not living…
“However, Minister of Tourism Senator Lisa Cummins is suggesting they pivot or find other ways to survive as some circumstances were out of their control.
During a press conference at Grantley Adams International Airport (GAIA) last Friday, Cummins recalled that with the absence of the Carnival Fascination which was withdrawn from service in July 2020, and Royal Caribbean International’s focus on other destinations during the summer, there was not much they could do to get more ships to dock in the region during the upcoming months.
“Their consumers typically during the summer want to go to places that they can’t go in the winter. In the summer, they want to go to places like Alaska and the Mediterranean and when it gets cold in those places, they come to the Caribbean. (TG)”
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@David
You mean ‘my man Avi’…lol.
Just another sound bite.
I have baited a few times on the pending IMF decision to no avail.
Several comments suggest there will be no renewal. That will please the SOE’s. -
@NO
We have not demonstrated we have the discipline to maintain fiscal programs to avoid a spike in debt to gdp and all the other decisions that made one of the top tier indebted countries, although we are still thereabouts.
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@David
The good news? There is little room to borrow more.
The balancing act continues. Not an easy job. -
@ WURA
The truth about the port operations and who really controls how it’s operated is not being told.
All the ministers of tourism and those who claim to manage the port cannot speak the truth; successive governments will not speak the truth and the lies continue.
We are being told many untruths about this entire taxi service fiasco.
In the meantime one of the oldest family businesses calling all the shots without saying a single word.
It’s the old connections who control the cruise industry.
All the ministers and boards are nothing but paling cocks both Bees and Dees.
The great plan for B’town is being revealed before our very eyes and we will still be “hewers of wood and water”
We will have degrees and may end up being maids and handy men,
A word to the wise. Peace. -
TLSN…the usual CORRUPT greedy, tiefing racist CABAL…
but isn’t it really nice to FINALLY have a blog that genuinely addresses the corruption giving victims concrete and permanent solutions…we have to show appreciation…it was very long in coming..
“Let’s assume that you are a citizen of a country where corruption is widespread, and your family has been the victim of a corrupt government and power structure that has illegally taken possession of real estate that has been in your hands for generations. All your efforts to obtain justice have failed, because the power of these corrupt officials, and their associates, extends to your local police and prosecutors.
If you are precluded from obtaining justice in your own country, and are considering assisting American law enforcement, by delivering evidence in your possession that implicates the corrupt individuals who defrauded your family, stole your real estate, and moved their criminal proceeds, at least in part, into the United States, in money laundering, your quest for documents and information should also include details of what is called Uncharged Criminal Conduct.”
don’t forget to tune in on Sat..
i saw a link with Part 2 coming , will post it in a bit..
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TLSN…the usual CORRUPT greedy, tiefing racist CABAL…controlling the house negros, that is what happens when you hand over a slave system to descendants of the ENSLAVED with no proper education except to continue the evil..
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Here you go TLSN…and for all those who actually want to see the corruption end.
https://rijock.blogspot.com/2022/05/part-two-of-ken-rijocks-presentation-on.html?m=1
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https://rijock.blogspot.com/2022/05/court-rules-donville-inniss-cannot.html
Well what do you know, Donville’s request for bond is a no-go…told them by the time the appeal is called and completed, it would be time served…….best to stay put, enjoy the ride and watch the Barbados roadshow, who knows, by the time he is leaving his cell permanently, his compadres maybe waltzing in…so he may as well keep it warm..
ah take it the fowls, imps and pimps are taking an on – air break……regrouping are we? ya better come betta nex time…..debt paid off indeed…lol…plus there are a few other surprises waiting for yall, if i told ya it won’t be a surprise now will it..
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Anybody who doubts the mercenary minds of our brothers and sisters in and out of parliament Bees and Dees , should read Barbados Today editorial.
How can these political/ lawyer brothers and sisters do nothing to protect their own people is total disregard of the poor Black people who gave them free education.
The enemy within. ( Garvey) -
Stupse! You even understand what you read? Maybe you should do some proper research.
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LGBT discrimination costly for Barbados
https://barbadostoday.bb/2022/05/18/lgbt-discrimination-costly-for-barbados/
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look who is talking about doing research…..the debt was paid brigade….lol
one word for all ah dem William….TikTock…
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Salemite
People don’t have time to waste with an uninformed scammer who is confused about deficit, debt and tenses. The biggest problem on BU is that lies, speculation and the salacious is celebrated while facts frowned upon. Hence you can declare the PM, Straughn et al liars without a shred of evidence; though evidence to the contrary abounds in the public sphere. But Mam because you do not know that you do not know what you’re talking about, this is expected. So you can’t fathom that outstanding payment for goods and services, vat, income tax etc. constitute debt. If you were correct, the IMF would not be signing off. The recent CB Report says: “Government’s inflows of foreign exchange from the taxes paid by the corporate sector was sufficient to cover external debt service. ” Wuh dah means? 🤣🤣
By your now changed argument i.e. the debt has not been paid off as opposed to the initial “not paying their debt”, Barbados is no different to any other country since they all have not paid of but are also paying their debt. Many Bajans are doing likewise, myself included paying off debt. Mam, stick to ctrl+c and ctrl+v.🤣🤣🤣 -
🤣🤣🤣 ah glad enuff you are the only one who can understand any of it….yet the DEBT is STILL NOT PAID IN FULL…and ya STILL GOT A DEFICIT….tek dat…
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@ WURA
Foolish talk . Why you worry with @ Enuff.
The country in debt up to its eyes. The truth is that all of this fuss means nothing. The IMF from the beginning said the whole program would not see the needed results until 2033. Since COVID, it has been revised to 2035.
We have a one legged economy. The economy has not been restructured. We have nothing new excepting the Home Stamp, and that is the sole property of Peter Lawrence Thompson (@ PLT)
Ignore @Enuff he is intellectually dishonest.Barren of any known thought process. -
IMF brainstorming
Govt taking two months to decide on next step
THE GOVERNMENT and its economic advisers will be in “deep consultation” for the next two months as it decides on the next financial partnership with the International Monetary Fund (IMF), Prime Minister Mia Amor Mottley told the country yesterday.
Mottley was a special guest speaker on Starcom Network’s call-in radio programme Down To Brass Tacks, where she revealed her administration’s cautious moves less than a week after IMF officials in Barbados gave the Government a thumbs-up for meeting all targets of its home-grown Barbados Economic Recovery Transformation programme.
“We have to decide what to do before we go back to the IMF. We will be in deep consultation for the next six to eight weeks to refine exactly where we are going. The mission has to report to the IMF board, and they will do that in June, before the last disbursement under this programme is made.
“We can decide then whether to forget about the IMF and do nothing, go to them for the kind of programme we just had, or we go and ask for a standby programme in the event that we need money,” she said.
Mottley said Barbados still wanted to be in a position to have access to the cheapest funds on the global market.
“If not, we will use up more and more money spending on interest that we could use spending on Bajans,” she said.
The Prime Minister also spoke about where the country currently stood in the midst of a fourth surge of the COVID-19 pandemic, the rising cost of living, possible wage increases, and how the business sector was being affected by supply chain issues coming out of Russia’s military invasion of Ukraine.
She said cost of living increases were now a global phenomenon due to the supply chain issues, but came about more so in this part of the world because islands like Barbados are forced to import most
of what they eat.
“What were problems last year due to the pandemic have been further deepened, and all of this has transpired to increase the cost of living. We now have to determine how best to help each other, how best to shield each other. That’s what we tried to do in the Budget. We are going to have to continue to be alert as to the implications in different sections of the society and the economy.”
The Prime Minister added that Government was acutely aware that heading into the summer period after this third and final school term ends, there would be no School Meals Programme in place, and many children would become vulnerable. She said her administration intended to review how it could help disadvantaged parents in that regard.
She said Barbadian families, in the meantime, should start to feel empowered and get involved in their own food security, growing certain things at home to help reduce the cost of grocery shopping in an environment with limited disposable income.
“The Government will continue to monitor prices and the impact it is having on people,” Mottley promised.
“I know it’s rough, but we still know how to get a few things to grow. We have to find a way of working out how we can reduce spending.”
The Prime Minister said the COVID-19 pandemic continued to bring challenges which her Cabinet and the Ministry of Health had to deal with on a day-to-day, week-to-week and month-tomonth basis, especially with the emergence of the Omicron sub-variant of the virus, but she was glad that around 70 per cent of the population had been vaccinated. She did, however, advise more Barbadians to get a third shot and be boosted.
“Kids are back in school, but not as fully as we would like, but we are creeping to walk and to eventually run. The mood now is one of cautious optimism,” she said.
(BA)Source: Nation
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Skinnuh you live in Amerika, America’s debt is north of $30T. The government borrowed $6T to deal with the pandemic. You got a cheque in the mail like 3-degree? Some here live in Canada, a country that borrowed $235B during covid, increasing its debt to over $1.2T. The UK cabalites’ government increased the country’s debt to £2.4T having borrowed £469B to fight covid. Germany borrowed about €400B
Sweden and Norway the equivalent of US$44B each. Now explain how all these developed and diversified economies had to borrow but Barbados, with its main sector completely shut down by covid, could survive without doing so? Why Dominica, Grenada, Trinidad, Antigua etc all borrowed?. Even Singapore (with a 131% debt to GDP)? 🤡 🤡
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