NIS Town Hall – The Golden Chip

Today is the scheduled NIS Town Hall for a concerned public to share feedback to the revelation our National Insurance Fund (NIF) needs another lifeline. In recent days the buzz is a concern the eligibility age for NIS pension will be extended to 72 years old.

The blogmaster is willing to bet Prime Minister Mottley being the political animal she is anticipated that NIS reform currently being contemplated will significantly deflate her popularity, she needs the time to implement reform and win back favour BEFORE the next general election, the perfect political gamble. Especially if she is serious about demitting office at that time. Therefore one of the reasons for an early general election call.

Follow the NIS town hall at Combermere School, Waterford at 6PM.

412 comments

  • Critical Analyzer

    That increasing the retirement is a definite no no based on current life expectancy of 74.3 for males and 77.7 for females (https://www.worldlifeexpectancy.com/barbados-life-expectancy).

    The only option they have is to immediately close the current pension fund and restart a totally new fund where pension is solely determined by the total monetary contributions (regular, periodic. or huge deposit) the individual paid in up-to claiming pension.

    Pensions paid to current pensioners would remain unchanged but new and existing contributors would be enrolled or transitioned to the new fund.

    Liked by 1 person

  • @CA

    Sustainable reform must be implemented, the factors identified like reducing contributions etc will not go away. Then there is the talk about weaning from investing heavily in government bonds – this will reduce yield in theory. The elephant in the room is a poorly performing economy. If we are unable to generate jobs and by extension increase contributions what will we be doing?

    Then there is the prevailing ethos of financial indiscipline and incompetence.

    We have work to do.

    Like

  • Confused again
    I thought the early election was a one-off (one and done). The writer seem to suggest that a ‘screw-up and run early’ is preferable to ‘fix, done and run’.

    Like

  • African Online Publishing Copyright ⓒ 2022. All Rights Reserved

    so “It’s Our Scheme” only after YOU RoB it…

    but before that, it’s the piggybank of THIEVES…

    Like

  • Amazing. Praise for perceived political cunning while the country battles with a multiplicity of unsolved socio economic problems.
    Why not call another election and win another 30 seats. That should take care of business.

    Like

  • African Online Publishing Copyright ⓒ 2022. All Rights Reserved

    “Why not call another election and win another 30 seats. That should take care of business.”

    they gotta be comedians..

    Like

  • de pedantic Dribbler

    @David, is that statement actually VALID on its own or is it mere standard pension management ‘speak’ that really says absolutely ‘little’ of what’s required in a comprehensively successful insurance program!

    Let’s be clear that yes of course more contributions are needed to add ‘income’ to the insurance program but that alone would simply make it a Ponzi scheme, not so: that is, taking from the last investors to repay those who invested first.

    So just as simply, insurance has to be MUCH more than getting new investment income; as most importantly it must be about wise re-investment of funds to provide excellent interest/capital gains returns.

    My only point here is that our current situation CANNOT be clarified with a few catch phrases and certainly NOT with high faluting financial gymnastics.

    Our NIS mess is deep and frankly it’s currently more resembles a shambolic ponzi program than the national savings life-line it was meant to be!

    It’s facile and sounds pretty to speak of starting a new program but it’s NOT that easy.

    In very simple terms … that requires an ENTIRE new set of laws and structural modifications and it DOES NOT guarantee that the SAME ridiculous money raids and other corrupt financial shenanigans will not reoccur … nor does it re-finance the holes in the current system.

    As you allude to, the govt is sensitizing Bajans for big changes to their pension expections because otherwise all dis town-hall ole talk is freaking useless … it certainly is NOT about seeking advice to FIX actuarial or financial problems, now is it!

    Like

  • Nov 2020 Barbados Advocate
    “With the National Insurance Scheme (NIS), I am proud to say that it is the richest institution in Barbados. We control at this moment assets in excess of BDS$4 billion,” Haynes told a news conference yesterday”

    Like

  • @ David

    Noticed you mentioned Mottley’s “popularity.”

    Seems as though she is more interested in maintaining her popularity and has adopted a ‘play it by ear’ attitude managing the affairs of the island.
    “We’ll just have to play it by ear and hope for the best until we can get something definite sorted out.”
    In other words, the current administration does not have a ‘game plan’ and seems to be responding spontaneously or instinctively according to situations as they occur, rather than according to a specific plan.

    Some of the issues Mottley should’ve addressed during her first term were, accountability and transparency legislation; reforming the NIS, educational and legal systems.
    We should’ve been planning for the future development of Barbados.

    I disagree with any suggestion to increasing the official retirement age to 72 years old, which I believe would be counterproductive for the island.

    Like

  • Vincent Codrington

    Do we need another Town Hall meeting that will contribute nothing to decision making? The remit of the NIS is already clear. It is a Social Security Scheme. It should make adjustments to maintain this mandate. The off the cuff remarks of nontechnical persons are muddying the populace perceptions and are for the most part short sighted and uninformed. The contributors expect a reasonable pension commensurate with their contributions. The disingenuous dipping into its reserves are now yielding their unintended consequences. The political red rag is a diversion. This is not a political issue. I hope the politicians will keep out of the discussion and listen to the pensioners and contributors to the fund..

    Liked by 1 person

  • African Online Publishing Copyright ⓒ 2022. All Rights Reserved

    no one should accept a retirement age of 72.

    ..how bout these CROOKS giving up their pensions THAT THEY GET FOR LIFE AFTER ONLY 2 TERMS IN OFFICE….they should all give them up….to bring balance to the fund and what they stole…

    they know most people will not live to see 72, and those who do, the very few, will more than likely pass away soon after retirement…

    i would not even accept a 67 retirement age, let the thieves go to hell and find another way to RETURN WHAT THEY STOLE…

    the onus is on THEM and not on those they RoB..

    Like

  • All uh we is de cuntsultants now!

    Murdaaaaah! De cat got pups!

    Like

  • David
    You lionize Mottley even within a moment of national peril. When her ilk are the ones who created this tragedy.

    When will you see that she only has falsified political machinations for us.

    Centrally, it matters not whether retirement age is moved to 72 or 92.

    The truth is that a national compact, or a social contract, with the people has been long violated, decades ago!

    That neither Mottley nor any body else can reverse this existential cultural failure at the centre of the system.

    Mottley cannot save us. She can’t even save herself.

    You always seem to forget that systems or countries or people have no divine right to be.

    We are decades too late with her mealy-mouthed, Washington Consensus bs!

    Like

  • The political mastery is a town hall to discuss the NIS, WITHOUT a single annual report.
    (My apologies to @Artax)
    So we can frame issues as we choose, without examination of how we got here.

    Liked by 1 person

  • African Online Publishing Copyright ⓒ 2022. All Rights Reserved

    “The truth is that a national compact, or a social contract, with the people has been long violated, decades ago!

    That neither Mottley nor any body else can reverse this existential cultural failure at the centre of the system.”

    if the people would turn their COLLECTIVE RAGE and ANGER on these parasites, instead of on each other……and bigging them up with SHITE TALK….bout they “large and in charge” easily impress with the MEDIOCRE….they would NEVER IN A MILLION YEARS do the evil shite they have done for 100 years NOR believe they could GET AWAY WITH ANY OF IT NOW……

    the CENTRE HAS FINALLY DROPPED OUT…..it COULD NOT HOLD…as Pacha said REPEATEDLY FOR YEARS….

    Like

  • Fight the Right Fight

    Murray Man

    Like

  • For Your Rights Riddim

    Like

  • @Dee Word

    Of course it is not comprehensive, the statement can be characterized as a ‘sound bite’. Haven’t you been following the discussion?

    Keep up!

    Like

  • @Artax

    It will be interesting to see the measures government take. They are political animals with an eye on winning the next general election. Can you take a politician out of a politician? Probably not!

    Like

  • Vincent Codrington

    In an island of self-appointed experts, the experts must go the self-appointed experts for advice. It is called transparency, accountability and consultation in Barbados. 🤣

    Like

  • African Online Publishing Copyright ⓒ 2022. All Rights Reserved

    That’s exactly what they are trying to do…slither and weasel their way out of transparency about where all those BILLIONS OF DOLLARS DISAPPEARED…

    they never wanted the people involved in any referendum for their FAKE republic….

    never wanted the people involved or having any say in the medical marijuana industry….STILL DON’T…

    so wuh yuh wahn dem involved in a debate bout all de money WUNNAH TIEF FROM treasury…..VAT and PENSION FUND fuh..

    …..because at the end of the day…..when Karma surrounding the multi-BILLIONS missing from the treasury and vat show its face….dem gine wahn a debate too…

    Like

  • @Vincent

    The Town Hall is to wrap the harsh solutions to come with democratic paper. It is a not necessarily to educate the public but to subtract the accusation that will come if it isn’t done.

    Like

  • Good to see you were able to overcome Vincent.

    Like

  • @Pacha

    The blogmaster will not be distracted by you, there is a reason why MOTTLEY won two elections and would probably win one if it was called today. What does it tell you? Facts are facts.

    Like

  • David

    When the govt triumphs on all these issues, what gine happen to the opposers?🤐

    Like

  • @enuff

    If such were to happen we will offer congratulations.

    Like

  • Bitter Pill to Swallow (does not win votes)
    BRB could implement harsher tax regime
    Block funds leaving Country
    Tax imports more

    Nuff Wolf / Wolf Dub

    Like

  • ⬆️ Dub Version

    Like

  • These NIS games are designed to distract from the debate on the Light and Power Act in the Senate where the rights of Bajans to question how our last available local Assets in renewable energy, are about to be disposed of to foreign parasites.

    As Northern Observer points out, if Government was SERIOUS about NIS reform, they would insist on having up-to-date reports COMPLETED, so that we can ALL know the FACTS of what we are facing.

    How the Hell do you fix something when you have no idea where we are standing..?

    Liked by 1 person

  • @Bush Tea

    Didn’t Sinckler state in the well of parliament many years ago that the internal management reporting gives government a good idea the current state of financial affairs. Audited financials is a rubber stamp. Don’t shoot the messenger.

    How is the NIS issue clouding the role of the FTC in the L&P debate?

    Like

  • David

    So we’re a distraction. Wow!!!!

    Your obvious partisan determination makes you so caught up in shadows that you have no ability to see what is real.

    Mottley is no genius for becoming an elected dictator twice in a row. Hers are properly understood as a failure of your petite democracy

    The real truth is not about any genius of Mottley but what happens when corrosion is at the centre. Maybe Gearbox could have so won as well, such is the social desperation of a misguided people easily beguiled shadows and mirrors.

    And how can perceived electoral victories by Mottley be properly understood unless context is given.

    Desperate societies often resort to the benevolent elected dictator. From whom manna is awaited but never arrived, in the main.

    Don’t we, for example, have political buffoons ruling almost everywhere in your Western democracies, even Trump has massive popularity. Voting once every five years is for idiots. Resting one’s hopes on such is fatal.

    Again, this writer is admittedly in a miniscule minority. For people like you prefer to wait for decades before it becomes clear that Mottley is no departure from the other buffoons around the world.

    Like

  • Like if Mottley is the focus of the issue here.

    Like

  • Music is the Healing of the Nation
    So let’s spread it to the world
    With consciousness
    Rasta Vibration
    Herb and Music is the Healing of the Nation
    When the people come into the session
    They come to hear some conscious teaching
    So let the music give you the feeling
    I’m sending this message to everyone
    Herb and music it never hurt no one
    Tells me to do what is right
    Calling everyone
    I feel the vibes
    The drum and bass
    My heart comes alive
    I can hear the music from far away
    Let the music play on
    Play roots music from dusk ’till dawn

    Scheming
    A lot of double dealing
    You get a bad feeling
    Jah gives us the meaning

    Model Riddim Danny Red, Murray Man, Dubcreator
    Double Dealing
    Double Dub
    Healing of the Nation
    Healing Dub

    Like

  • @David
    You are forgetting that audited financials is but ONE part of an Annual Report. What about managements and the Boards discussion of significant events in the past year?
    The numbers are but a picture at a point in time, it is the discussion around decisions and what those decisions were that is more relevant.
    You dun know they decision makers already know what they are going to do.

    Liked by 1 person

  • @NO

    Board books are never made public where management and other reports are contained. How does an inquiring public find out anything? We have former chairmen who should be able to speak honestly to these issues.

    Like

  • Bushie
    What is this over-reliance on information. This writer makes a living based on information. People like you who don’t over rate information – up to date and complete.

    Everyday, decisions are made on insufficient data. And there is never sufficient information.

    If there are people who cant get pensions from the NIS when promised. This alone is enough to conclude that all is not well.

    There’s absolutely no need to give the authorities a reason to kick this can down the road for another five years under the pretext of data production.

    Like

  • W dusak/Drying source

    Like

  • But you made her, by being a braggart about electoral victories, as if the ignorance of a population in supporting these victories has anything to do with fixing the NIS.

    Like

  • African Online Publishing Copyright ⓒ 2022. All Rights Reserved

    Who was the lawyer for the four seasons SCAM again, and where is that lawyer now…

    Like

  • African Online Publishing Copyright ⓒ 2022. All Rights Reserved

    Pacha…ya beating a dead horse….

    let’s watch, marvel and write about the UNSTOPPABLE degradation as it unfolds…

    while protecting those close to us..

    karma and retribution are on the march….give them a clear path to trod..

    Like

  • What was the context of the reference to two election victories? Does not context have meaning when trying to explain anything?

    Like

  • @David
    That is BS.
    The requirement is not that they share the minutes of Board or Management meetings.
    Under Part V Sec 33, they are required to report on their activities SEPARATE to audited financials and a report on the investments of the various funds.
    Sec 34 deals with the Actuarial report.
    This is standard.
    What they are doing is using issues related to accounting methods to explain away the audited financials. This does not eliminate the other two reporting requirements? Esp since we are told they have ‘meaningful internal reports’.

    Like

  • You should have some faith that your elected leaders will sort shit out instead of fucking it up when they make an effort, or perhaps not, regardless there is little you can do and your fate is in their hands, moaning is for the hopeless
    Report Dem
    Dub Dem

    Like

  • @NO

    Don’t shoot the messenger.

    Like

  • @NO

    You read Avi Persaud FB post? It looks like the government is taking your people to court to recover the paradise property that was conveyed to them by Sinckler?

    Like

  • This NIS problem is one of the reasons why Mottley called elections early what were the other reasons. Jesus would have to tell me I am wrong.

    If and when public officers have to work to age 70 plus to qualify for a full pension will MPs still only have to serve in Parliament for a term and a half to get a full pension?

    Parliamentarians have raised the bar for government workers. In my lifetime they lowered the bar for themselves which explains a lot about Parliament. This government lowered the qualifications for Senators and the last one raised the qualification bar with the Public Service Qualifications Order. Only their pensions seem to matter to them.

    So what would you say if you knew that the Minister of Health was the Director of NIS not so long ago?

    Like

  • How is the NIS issue clouding the role of the FTC in the L&P debate?
    ~~~~~~~~~~~~~~~~~~~
    Yawn
    This NIS ‘crisis’ has been publicly explored now for YEARS… in intimate details – largely led by Walter Blackman who has, IN GREAT DETAIL, explained every shiite now being ‘admitted’ by the BLP trumpets.

    Is this not passing strange just as they started debate on the Bill that seems aimed at handing over to Emera, licenses that will hand them UNKNOWN rights to our last available local resource -Renewable energy… the GOVERNMENT INITIATED this ‘crisis’ talk…?

    So …Instead of listening to the debate in the senate on this PIVOTAL bill, to see who else has been bought out by Interests…wunna rehashing old, stale shiite talk about the ALREADY killed NIS funds…

    As to Sinckler’s position on data from NIS…
    What the Hell can you tell Bushie about a man than does not even understand decimals…? How would the data help him?
    steupsss…

    Liked by 1 person

  • @Bush Tea

    Who listens to senate debates? Do you see the number following? Should the media be able to report on the debate? Are we an intelligent people that we are unable to follow several issues at the same time?

    Like

  • African Online Publishing Copyright ⓒ 2022. All Rights Reserved

    Pacha…ya see for yuhself…

    round and round in circular motion……around the mulberry bush ya forced to go…..all TALK, NO ACTION…

    glorifying, endorsing and enabling CORRUPTION AGAINST THE POPULATION…

    these types MUST BE BARRED FROM THE CONTINENT….they have TOO MANY neocolonial problems already, and need no more.

    Like

  • NorthernObserver

    @David
    Don’t do FB often. Who is ‘your people’?
    The Pharliciple owners?

    Like

  • @ Pacha; @ WARU
    David seems to not know that there are some here trained in propaganda tactics. And have been identifying how it is disseminated long before he can even imagine.
    Peace.

    Like

  • Here NO:-

    ————————————————-

    The facts behind the Four Seasons, the NIS and the Auditor General’s Report

    When the BLP Government came to power in 2018, it presumed that because it had been reported that ANSA Merchant Bank had called the Government guarantee on the Four Seasons project in 2013-14, the Government now owned the property. It had effectively paid for it. So the new Government set about selling it to recover the USD$60m that the Government had paid and the BDS$9.8m the NIS had invested in 2012.

    It was only through the title searches of the sales process in 2018 that the new Government discovered that the previous Government had entered into a private transaction with a contractor sometime between 2014 and 2016 where it had transferred the title of the property without receiving a cent – the new owner was to use this title to find an investor and pay $20m to the Government then. In response to this discovery, the new Government did what every textbook would say to do. Write down the asset – after all the Government did not seem to hold title – and go to court to seek to recover title or value, which is ongoing. Minister Straughn explained all of this in Parliament in 2021 when the auditor general first expressed concern that the asset had been written down. While disingenuous people are jumping up and down about the write-down even though conservative accounting rules would require it, the real issue was why and how was an asset worth over USD$100m not secured but transferred without consideration by the last administration. Maybe there is a good explanation. Times were tough. But it didnt work. By 2018, the property was unsold and desolate and no money paid.

    In the same way that ill-informed people have misconstrued this Government’s correct actions for narrow political purposes, the retelling of the Four Seasons story is similarly full of distorted truths and flagrant untruths. Here are the facts. The project began when a dozen British shareholders bought ‘Paradise’ from Butch Stewart around 2004-5. By 2008 the project was going well encouraging some extravagant marketing; 14 celebrity villa owners had invested USD$90m into building their homes and were due to put in a further US$90m. This along with new sales (and there was plenty of interest) would finance the building of the hotel. Then the global financial crisis (2008-2012) hit. New sales lurched to zero. Existing owners no longer wanted to put any more money in till the hotel was built, and the hotel couldn’t be built till they put in their money. Catch 22. In February 2009, the project went bust. Eight hundred (about 200 were Chinese) workers lost their jobs, almost 300 Barbadian suppliers were stranded and owed BDS$30m, with non-Barbadians, primarily UK-based HBOS, owed a further US$35m.

    At this point the global crisis had not yet hit Barbados hard and the Thompson-led Government thought if they could use bridge finance to build the hotel and remove the Catch 22, Barbados could be insulated from the worst of the crisis. The Government offered a guarantee of USD$60m in December 2009 to a bridge financier, as long as the existing management was removed from decision making, and the new team made commitments on local employment, links to local agriculture and sustainable tourism. It created a rescue Board to oversee the bridge to long-term finance with myself as chair. I recruited the late great Jean Holder as a Board member and, following a tender, appointed a professional project management team out of the UK (Davis Langdon). All costs of the rescue were strictly budgeted, controlled and audited by ANSA and benchmarked to what would have been spent in a court appointed receivership. Alongside a panel of lawyers associated with the then Government, I asked then Opposition Leader Mia Mottley to draft the government guarantee as she had drafted the last one on the Prison. It was a rare example of Barbadians casting aside political colours to try and save jobs, small businesses and support the economy.

    By June 2010, I raised USD$60m from ANSA. USD$50m of this was used to part pay off creditors to keep the project going, with the smallest Barbadian suppliers and the UK senior creditor first in line. The rest was to spend 12 months redesigning the project, carrying out the necessary engineering and cost studies for investors and restarting construction to win back confidence. By late 2011, I had negotiated US$80m long-term finance from the Inter-American Development Bank (IDB). To arrive at their decision to invest the IDB management and Board reviewed in detail all aspects of the recovery including all expenditure and contracts. We needed just US$30m/BDS$60m more.

    One proposal in early 2012 was that the NIS filled this gap and invested alongside the Inter-American Development Bank. With the IDB’s capital might underpinning the investment, it would be safe for the NIS. But the political noise around the potential NIS investment made the IDB Board nervous. The NIS proposal came about because credit conditions were deteriorating fast, Greece collapsed in 2010 and defaulted in March 2012, Barbados’ economy contracted sharply, and many of the villa owners were struggling and pulling out. Critically, Barbados’ credit rating fell from investment grade to worse than junk. Late in 2012, the IDB said it was no longer comfortable lending US$80m and was more prepared to lend US$50m instead, taking an increasingly hard-to-finance gap and making it bigger. The bridge finance had run out 12 months previously and the entire rescue team was working for nothing but stress which was hard for many families. Some became seriously ill. Admitting failure, I, and the entire Rescue Board, resigned at the end of 2012.

    When I negotiated the Government Guarantee in 2010, I designed that if the Government ever had to make good on the Guarantee, the Government would have a first claim on the property. All other claims would fall behind the Government, so if the owners couldn’t pay the Government back, it could foreclose and take title. The legal team and I fought hard for this against Four Seasons and others who wanted to have the first claim. This meant that the USD$60m government guarantee and the BDS$9.8m investments were fully backed by an asset that at the time of the guarantee chartered valuers had put at USD$110m in 2010, (40 acres of prime west coast beachfront land with planning permission and engineering studies for a hotel and residential development).

    All real estate collapses and rescues are messy. Maybe someone else could have closed the long-term finance back then. Thanks to the guarantee design though, there is a reasonable chance that once the Government gets back title and the land is sold in the calmer conditions of today the Government and NIS get back the full amount put in. During the recent sales process a line of buyers formed bidding over USD$65m in part cash and debt offers, but they can’t buy from us what we do not currently own. That is why we are in court and until we get back title, why the asset was written down.

    Avinash,

    Like

  • The question is who follows BU..
    It is the BU focus that Bushie is referencing…

    As to the Media…
    Can you not see that they have been BANNED from discussing the BLPC case …period!!
    …or did you miss that?

    WAIT!!!…. or does that apply to BU too.
    LOL
    ha ha ha

    Like

  • Chief of Staff
    Chief of Dub

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  • David seems to not know that there are some here trained in propaganda tactics.

    You seem an expert in emotional misinformation

    Salute & Wouldnt Lie Riddim

    Like

  • @Bush Tea

    It should be known by all and sundry by now that submissions on most subjects will be entertained. By the way, did you see the interest shown to Grenville’s post? People like the salacious and mudslinging. Any subject that requires some deep thought will flow under the radar. You should be aware by now.

    Like

  • African Online Publishing Copyright ⓒ 2022. All Rights Reserved

    “And have been identifying how it is disseminated long before he can even imagine.”

    sometimes you must leave people up to their own devices, to their own REVEAL…

    neocolonial politics is too nasty and demoralizing for me to dirty my hands or websites with…i will be doing the present and future Afrikan generations a great disservice engaging……but these tink they are experts and fall over themselves to show us each time…

    then, the same topics are regurgitated ad nauseam endlessly, same corruption, same oppression, same suppression, same disenfranchisement…same tiefing minorites…same THEFTS FROM THE PEOPLE…in a cyclical glossed over world without end…where nothing changes or gets better…

    ….bad enuff i had to explain the filth that emanates from the usual suspects, on the recent family visit…. so they could understand what’s wrong and STAY JUST AS FAR AWAY FROM IT, same distance or even further from where THEY LIVE…..so they don’t fall into slick talking traps to GET RoBBED…..as everyone should be doing for their visiting relatives and stop pretending and telling lies about the reality…

    Like

  • African Online Publishing Copyright ⓒ 2022. All Rights Reserved

    So who was the lawyer for the four season SCAM again…..can’t claim any plausible deniability when this was well known and disseminated here on BU years ago…..by Northern…..and yet they act like this is news…

    propaganda…

    Northern…save ya energy …

    Like

  • African Online Publishing Copyright ⓒ 2022. All Rights Reserved

    btw…wasn’t the same dude with the long essay one of the four seasons failures who was touted as some expert back then too….wuh if dah is de best wunnah could do for experts…..huh!!!

    de property is still merrily rotting away and everyone is still crying shame….so wuh he bringing to the table BESIDES A COVER UP…

    Like

  • FIRST OF ALL
    LET ME SAY THAT I AM HAPPY TO SEE YOU TODAY MR VINCENT CODRINGTON
    SECOND RE Mottley cannot save us. She can’t even save herself.

    THIS IS THE TRUEST STATEMENT PUN BU TODAY BECAUSE THE ONLY ONE WHO CAN SAVE ANYONE ANY TIME ANYWHERE IS THE LORD JESUS CHRIST, AND EVEN SO HE CAN ONLY DO SO IF HE ASK YOU HIM INTO YOUR HEART

    1 Timothy 4:10 SAYS THAT IN King James Version
    For therefore we both labour and suffer reproach, because we trust in the living God, who is the Saviour of all men, specially of those that believe.

    HIS WORK ON THE CROSS WAS SUFFICIENT FOR ALL MEN……..

    BUT

    IT IS ONLY EFFICIENT FOR THOSE WHO BELIEVE

    HERE ARE THE WORDS FOR THE MOST POPULAR SONG ON THIS TOPIC, EVEN THOUGH THIS IS A NEWER AND NOT AS WELL KNOW TUNE

    We Have Heard A Joyful Sound (He Saves)

    Verse 1
    We have heard a joyful sound
    Jesus saves
    Spread the tidings all around
    Jesus saves
    Bear the news to every land
    Climb the steeps and cross the waves
    Onward is our Lord’s command
    Jesus saves

    Chorus
    He saves He saves Christ Jesus is alive
    His cross and grave become our victory cry
    He saves He saves be reconciled to God
    Tell the nations Jesus saves

    Verse 2
    Sing above the battle’s strife
    Jesus saves
    By His death and endless life
    Jesus saves
    Sing it softly through the gloom
    When the heart for mercy craves
    Sing in triumph o’er the tomb
    Jesus saves

    Verse 3
    Give the winds a mighty voice
    Jesus saves
    Let the nations now rejoice
    Jesus saves
    Shout salvation full and free
    Highest hills and deepest caves
    This our song of victory
    Jesus saves

    http://www.cornerstoneworship.co.uk/amazinggrace-838483-396460-213816-605216-636451-753408-634645-879541-778976-555800-809650-871728-321304-474026-366408-733629-828699-539333-782232-281984-471131.html

    Like

  • David

    I am confused. Has not one single license to generate electricity been granted for an application that falls under Section 5 of the Act? If licenses have indeed been granted, under what Act were they granted, how many were granted, who granted them and who objected?

    Like

  • HERE IS THAT LOVELY SONG WITH ITS LOVELY MESSAGE

    Like

  • @enuff

    Is what you list the crux of the concern?

    Like

  • What a hackneyed scenario!!!!!!!

    Like

  • African Online Publishing Copyright ⓒ 2022. All Rights Reserved

    Pacha…if the young people who do not live on the island can see very clearly that these CARE ABOUT NO ONE but their low crawling selves…and would want NOTHING TO DO WITH ANY OF THEM ever………maybe those who live on the island are too close to the situation….and need to step back and view things from a new perspective…

    but, many can see….they just have to act..

    Like

  • Waru

    You are essentially describing a condition first observed by psychiatrists, industrial psychologists, after the second Great War period.

    Like

  • African Online Publishing Copyright ⓒ 2022. All Rights Reserved

    Pacha…these are replays…cyclical…and must be BROKEN…..both the concept and their practitioners.

    Like

  • Lift Up Dub Dubliftment
    Enough is Enough
    Lift Up My Voice
    [[[[BAN GP]]]]

    Like

  • The Four Seasons Project – Story of Failure continues to be an example of how the public continues is short changed by public officials elected and recruited to serve us. The inability of taxpayers to solicit answers to legitimate questions regarding the quality of decisions made by successive governments is an embarrassment to the type of democracy we should be aspire. This has to be a significant contributing factor to the social dysfunction we have been reminded by the Trojan Riddims video affair – see How De Yutes Get So?. Officialdom expresses righteous indignation at a group of artistes for violating public morals of the country, however, successive governments and public servants have been unable to defend malfeasance, financial indiscipline highlighted in years of Auditor General (AG) reports. It is surprising local calypsonians hasvenever penned a title ‘politicians laughing at we’. The Paradise 88, Four Seasons, Clearwater Bay issue suggest there is opportunity for another title, ‘public servants also laughing at we’.

    Some took umbrage to the call by BU that some public servants should be fired for unresolved issues highlighted in years of AG reporting- see 2020 Auditor General Report – Time to Fire Senior Public Servants. Yesterday AG Leigh Trotman was quoted in the press calling for tougher legislation to force public servants to comply with requests for information to complete audits. A decade of AG reports and not one person handed over to the justice system for processing. Not a single public servant sacked. As we prepare to convert to a Republic meant to solidify people power, it begs the question – why are senior public servants betraying the trust of the PEOPLE?

    The Four Seasons matter is a classic case of the cloak of secrecy zealously guarded by politicians AND public servants. How on earth can a government incorporate Clearwater Bay Limited, appoint directors who are public servants with a fiduciary responsibility to citizens of Barbados, yet, feel comfortable guarding the interest of politicians and the money class? These public servants must be held accountable.

     

    Although the AG is constrained to audit public sector business, it should not be forgotten the other signature on public agreements is often times a private sector player. The company Clearwater Bay Ltd had oversight over the transaction which led to the following comment by the AG:-

    The treatment of the investment in Clearwater Bay needs to be further explained. The investment in this government-owned company was recorded at a value of $124 million investment in prior years. It represented an investment by Clearwater in the Four Seasons Hotel project. The value of this investment remained unchanged on the books of government for several years even though the property on which the investment was based was significantly impaired.

    Leigh Trotman, Auditor General

    The part of the AG’s comment (highlighted) taxpayers should be concerned about is that public servants who sat on the Board of Clearwater Bay as directors have been complicit in the ‘cover-up’. Many, if not all of the directors are considered respectable citizens of Barbados and competent public servants. The meetings of Clearwater are recorded in board books and should be available to the public. Unfortunately the public does not have the avenue of Freedom of Information legislation to activate an important check and balance in our system of government, this should not be necessary if the public servants serving as directors of Clearwater protected the public’s interest they are ethically required to do.

    It is never too late to right a wrong Directors.

    William Decoursey Layne

    Adrian Maurice King

    Louis St. Elmo Wooddroff

    Margaret E Sivers

    Sonia Carol-Ann Foster

    Junita Thorington-Powlett

    Nancy L Headley

     

    Enter Clearwater to see Clearwater directors listed in the ICIJ – Offshore Leaks Database.

    Related Documents:

    1. Paradise 88 and Clearwater Sold to PHARLICIPLE INC
    2. Request for Offers to Purchase and Develop ‘Paradise Property’

     

    Like

  • The Four Seasons Project – Story of Failure continues to be an example of how the public continues is short changed by public officials elected and recruited to serve us. The inability of taxpayers to solicit answers to legitimate questions regarding the quality of decisions made by successive governments is an embarrassment to the type of democracy we should be aspire. This has to be a significant contributing factor to the social dysfunction we have been reminded by the Trojan Riddims video affair – see How De Yutes Get So?. Officialdom expresses righteous indignation at a group of artistes for violating public morals of the country, however, successive governments and public servants have been unable to defend malfeasance, financial indiscipline highlighted in years of Auditor General (AG) reports. It is surprising local calypsonians hasvenever penned a title ‘politicians laughing at we’. The Paradise 88, Four Seasons, Clearwater Bay issue suggest there is opportunity for another title, ‘public servants also laughing at we’.

    Some took umbrage to the call by BU that some public servants should be fired for unresolved issues highlighted in years of AG reporting- see 2020 Auditor General Report – Time to Fire Senior Public Servants. Yesterday AG Leigh Trotman was quoted in the press calling for tougher legislation to force public servants to comply with requests for information to complete audits. A decade of AG reports and not one person handed over to the justice system for processing. Not a single public servant sacked. As we prepare to convert to a Republic meant to solidify people power, it begs the question – why are senior public servants betraying the trust of the PEOPLE?

    The Four Seasons matter is a classic case of the cloak of secrecy zealously guarded by politicians AND public servants. How on earth can a government incorporate Clearwater Bay Limited, appoint directors who are public servants with a fiduciary responsibility to citizens of Barbados, yet, feel comfortable guarding the interest of politicians and the money class? These public servants must be held accountable.

     

    Although the AG is constrained to audit public sector business, it should not be forgotten the other signature on public agreements is often times a private sector player. The company Clearwater Bay Ltd had oversight over the transaction which led to the following comment by the AG:-

    The treatment of the investment in Clearwater Bay needs to be further explained. The investment in this government-owned company was recorded at a value of $124 million investment in prior years. It represented an investment by Clearwater in the Four Seasons Hotel project. The value of this investment remained unchanged on the books of government for several years even though the property on which the investment was based was significantly impaired.

    Leigh Trotman, Auditor General

    The part of the AG’s comment (highlighted) taxpayers should be concerned about is that public servants who sat on the Board of Clearwater Bay as directors have been complicit in the ‘cover-up’. Many, if not all of the directors are considered respectable citizens of Barbados and competent public servants. The meetings of Clearwater are recorded in board books and should be available to the public. Unfortunately the public does not have the avenue of Freedom of Information legislation to activate an important check and balance in our system of government, this should not be necessary if the public servants serving as directors of Clearwater protected the public’s interest they are ethically required to do.

    It is never too late to right a wrong Directors.

    William Decoursey Layne

    Adrian Maurice King

    Louis St. Elmo Wooddroff

    Margaret E Sivers

    Sonia Carol-Ann Foster

    Junita Thorington-Powlett

    Nancy L Headley

     

    Enter Clearwater to see Clearwater directors listed in the ICIJ – Offshore Leaks Database.

    Related Documents:

    1. Paradise 88 and Clearwater Sold to PHARLICIPLE INC
    2. Request for Offers to Purchase and Develop ‘Paradise Property’

     

    Like

  • The blogmaster is always amused by some comments however quickly reassured when BU Archive is checked.

    Like

  • African Online Publishing Copyright ⓒ 2022. All Rights Reserved

    “respectable” until they get a BIG BRIBE…or some crooked shite minority smile at them and make them think they are friends….ya done know the Slaves..

    Like

  • “You are essentially describing a condition first observed by psychiatrists, industrial psychologists, after the second Great War period.”

    After World War II the next battle for Black Rights Human Rights Fights kicked off such as Mau Mau Warriors and Decolonialisation of Africa India etc

    We are still witnessing the effects of the damage done by White Ghosts

    [That’s why sometimes in context avatars dramatic repeated phrases and complaints are deluded and unfounded]

    We Are Warriors

    Like

  • African Online Publishing Copyright ⓒ 2022. All Rights Reserved

    Pacha…check out the true definition of FAILURE 101.,,that trickles down into every strata of these failed neocolonial societies…..they have run their course, we keep telling them, writing about it, shouting it from the rooftops….

    ..it’s BROKEN just like them…….but…

    “by Sir Ron Sanders

    So far in this attempt to answer the question, “Has CARICOM reached its limits of regional integration”, it has been established that, after almost 50 years, the regional project has failed to deliver the commitments expected from the 1973 Treaty of Chaguaramas and its Revision in 2001.”

    Like

  • Waru

    Nothing which happens or don’t, in Barbados or the Caribbean for that matter, has any material affect on the big picture, potential to influence anything, as much as some may feel.

    Keep yuh eyes on the big picture. Forget the constant minutiae, beyond its entertainment value.

    Keep yuh eyes on the big picture.

    Like

  • African Online Publishing Copyright ⓒ 2022. All Rights Reserved

    Definitely…. Pacha…everything is moving along just fine in the big picture domain…

    am just sorry to have to tell William that they have FAILED SPECTACULARLY at even the minutest things as it pertains to Caricom and the business of individual islands because all they can think about is their TINY POWER and how to consolidate it into corruption……

    i know he had big hopes….but they are the WRONG PEOPLE to carry out anything progressive especially pertaining to Afrikan populations…they just don’t have it and will NEVER KNOW HOW TO IMPLEMENT…..

    Like

  • David
    Sometimes you’re lil behind or pretend. Lol

    Like

  • Explore the reality of a higher state of consciousness, potentially unlocking your brain to this reality
    Breathe normally and relax
    Relax and breathe normally
    Say in your mind
    Say to yourself
    I am more than my physical body
    because I am more than physical matter
    I deeply desire to expand
    to experience
    to know
    to understand
    to control
    to use
    such greater energies
    and energy systems
    as may be beneficial
    and constructive
    to me and to those near and close to me
    also I deeply desire the help and cooperation
    the assistance the understanding of those individuals
    who’s wisdom development and experience are equal or greater than my own

    From Creation
    From Creation (Dub)

    Like

  • NorthernObserver

    When you start bad, you usually end bad.
    Sooo….bad start.
    “When the BLP Government came to power in 2018, it presumed that because it had been reported that ANSA Merchant Bank had called the Government guarantee on the Four Seasons project in 2013-14, the Government now owned the property.”

    You mean a person who was heavily involved, Chair of the Rescue Board/team, did not read the Nation nor BU headline the property had been sold? And up until the BLP assumption of power in 2018, he was ignorant of this. Nobody mentioned boo? Hard to believe Avi, real hard.
    xxxxx

    “the new owner was to use this title to find an investor and pay $20m to the Government then”.

    Where did this information come from? What was the $20M? Full value for the land. Didn’t the documents which fell off a truck regarding Pharliciple state an amount. WHO represented CBL in the sale/transfer of it’s sole asset, the property?

    xxxxxxx

    “and how was an asset worth over USD$100m not secured but transferred without consideration by the last administration”

    Now you are posing fair questions. How? Surely the Board of Directors can answer that question. One, was even copied using a gov.bb address in an email in the Radical filings. And her picture appears in the above post on CBL, even though ICIJ links tie her to CBL as Julia and not Juanita.
    xxxxxxx

    I am confused as to all the malicious content being spread. You mean to tell me, we have a PM who isn’t shy of video cameras, and even though she recused herself in the vote, is fully familiar with the matters at hand, and does not address this matter publicly?

    Instead waits for somebody to make it ‘political’ and then her henchfolk come to the rescue.

    And btw, since there are many textbooks, I would research the point at which an asset is written down. The timing and the reasons. It would appear the Aud Gen is lacking information, maybe someone could see his office gets that information?

    Like

  • African Online Publishing Copyright ⓒ 2022. All Rights Reserved

    Northern…don’t look like ya even had to put in any great effort to debunk the bullshit…

    Like

  • @ Waru and Co,

    Off message. Check out the music from this product of the plantation system from Martinique. I enjoy classical music, yet I have never heard of this guy.

    Like

  • Who are the civil servants who worked covertly to convey ownership of the property to private shadows?

    Like

  • @Enuff

    What on earth do you mean?

    Many here will agree the blogmaster is not too bright.

    Like

  • @ Northern
    Anyone who believes anything that Persaud says now, deserves to be made a fool.
    Bushie recalls VIVIDLY, his constant protestations during the Four Seasons debacle – looking DIRECTLY into the cameras and lying through his teeth….

    @David
    Bushie’s point again.
    This is neither new or revolutionary NEWS.
    Nor is there any really NEW angle.
    So why does it suddenly merit top billing, Town Hall meetings and Social Partnership cohesion?
    It in not like someone has been charged with one of the MANY crimes committed
    ..or even that an official OVERDUE annual report has been released….

    OBVIOUSLY there is some other REAL shiite being smothered….
    Typical Enuff sleight of hand move… LOL

    Like

  • @Bush Tea

    If the FTC and Intervenors do their jobs why should it matter what outside voices are saying?

    Like

  • One proposal in early 2012 was that the NIS filled this gap and invested alongside the Inter-American Development Bank. With the IDB’s capital might underpinning the investment, it would be safe for the NIS. But the political noise around the potential NIS investment made the IDB Board nervous. The NIS proposal came about because credit conditions were deteriorating fast, Greece collapsed in 2010 and defaulted in March 2012, Barbados’ economy contracted sharply, and many of the villa owners were struggling and pulling out. Critically, Barbados’ credit rating fell from investment grade to worse than junk. Late in 2012, the IDB said it was no longer comfortable lending US$80m and was more prepared to lend US$50m instead, taking an increasingly hard-to-finance gap and making it bigger. The bridge finance had run out 12 months previously and the entire rescue team was working for nothing but stress which was hard for many families. Some became seriously ill. Admitting failure, I, and the entire Rescue Board, resigned at the end of 2012.

    XXXXXXXXXXXXXXXXXXXXXXXXX

    THIS MAN AVINASH PERSUAD IS AN ADMITTED FAILURE OF THE HIGHEST ORDER BUT STILL EMPLOYED BY MIA MOTTLEY AS A CONSULTANT BECAUSE SHE MADE $1 MILLION FROM THE FAILED JOINT PROJECT THEY PARTICIPATED IN WHILST BLACK TAXPAYERS LEFT HOLDING THE BAG.

    NO WONDER THE 2 X 3 ISLAND CONTINUES TO FAIL AND SINK IN DEEPER DOO DOO.

    Like

  • @ David
    Pay Enuff no mind…
    You are a visionary by ANY Bajan standards, and a national treasure to boot.

    Enuff only understands political rhetoric …as dictated by the supreme leader.

    A License – PARTICULARLY an exclusive one, confers significant financial RIGHTS to the licensee.
    Energy is currently undergoing MAJOR changes to bring so far UNTOUCHED local R.E. resources to significant value…. hundreds of millions – even Billions.

    Only a confirmed brass bowl, a Judas on the take, or a mindless political JA can fail to see the SIGNIFICANCE of FIRST having a transparent national discussion on the DETAILS of such licenses….
    …or the efforts to which some despots, with hidden agendas, would go to AVOID such public scrutiny….

    If we had held such a public review BEFORE government engaged in the Four Seasons /Clearwater sage …how many more HUNDREDS of MILLIONS of dollars would have remained in our Treasury and NIS…?

    Like

  • @ David,

    Your emotional response to the looting of the public NIS funds is not helpful to the suffering Barbados population.

    My response would be to carry out a thorough investigation of the principal government figures and businesses involved in this fraud. We should commence with the Arthur government, followed by the Thompson government who was super ceded by the Stuart government and finally the M.I.A. government.

    Every effort should be made to recover the missing monies. Those politicians and businesses connected to this fraud should be made to return their ill-gotten gain with the addition of compound interest payments. If they lack liquidity to make an express payment they should be ordered to sell their assets.

    Where it is found that a politician or a member of the business community is implicated and found guilty they should be given an immediate jail sentence. No name in Barbados should be above the law.

    Like

  • African Online Publishing Copyright ⓒ 2022. All Rights Reserved

    Very nice…you wouldn’t….am sure they bent themselves in half to hide who created that beautiful music.

    here is what one commenter said about it….others said they were listening to classical music for over 50 years and never heard of him..

    “Joseph Boulogne had a relatively short musical composing period, from 1771 to 1779, in Paris. This includes 14 violin concertos and 6 operas. Mozart’s first visit to Paris was 1778. Nearly all of Joseph Boulogne’s compositions were written before Mozart’s first visit to Paris. Why has Joseph Boulogne’s name and his contributions to Western European classical music been ignored is a question that begs for an answer. I am no musicologist…….and they all knew! So as Aretha Franklin would say…”Who’s zoomin Who?”

    we never heard of Amelia Bassano either, although for many years, decades, i did hear of this Afrikan female, never got a name, who was the real writer of plays attributed to one Shakespeare whom they said was so illiterate he could not write his own name, so there was no way he could write any plays, but he was the one benefitted, due to that era when they refused to publish any works by Afrikans….so no surprise they hid that classical genius.

    according to what they said, she died in poverty because she did not receive a dime for her work…there is a photo of her available…

    of course the fact checking frauds would say it’s not true…..but in his case, someone made sure it became public.

    Like

  • What a Papi show this all is. Look anyone that waste their time to be a part of this show lack employment.

    This government is in no position to ask us for our views. What they should be telling us is how do they plan to refinance the fund with a BILLION DOLLAR CASH INJECTION. In other words how wunna plan to put the money wunna right off back into the fund that wunna devistate? You all got the cart before the horse here!

    The bajan public did not mash up the NIS, it is wunna divine leaders from both parties that ruin it. So let me hear now from this government how wunna plan to fix it! Yes I say both parties cause SINKYUH force the NIIS to buy billions in worthless government paper and wapax, Mia right off $1billion of the said paper in the debt restructuring. Then to add insult to injury a fellow come talking doodoo that dont worry its no big thing cause its a ” wash!” You take $1 billion dollars of the shareholders money in the fund and burn it and talking bout dont worry! Skippa what you smoking?

    Wait when a boat in rough sea the captain does ask the passengers what they think he should do? Or does the captain call a meeting with the waiters and say “fellows what wunna would do if wunna was me?” This is really making mock sport of we bajans for true!

    Like

  • If the FTC and Intervenors do their jobs why should it matter what outside voices are saying?
    ~~~~~~~~~~~~~~~~~~~~~~~~~
    LOL… ha ha ha … Sometimes you reek of naivety Boss.

    What intervenors what?
    That is just intended to be a pappy show – designed to convey to the naive that all is above Board.
    Do you REALLY think that a MULTI BILLION DOLLAR multinational corporation, going after a multi-billion rip off of mindless brass bowls sitting on treasure, … just leave everything up to the ‘cut and thrust’ of some shiite intervenors and an unknown FTC panel?

    LOL, ha ha ha – Murda…
    The FTC ruling would probably have been written for them MONTHS ago …independent of what shiite talk comes from intervenors.
    Why do you think that no less a person than the ENERGY minister cussed some of them so stink? It appears that some of these intervenors may not be fitting into the regular brass bowl pattern…

    Obviously, his Government is already on board the gravy train Boss…
    Much like they were with Four Seasons back at the start…

    Like

  • African Online Publishing Copyright ⓒ 2022. All Rights Reserved

    TLSN…don’t hold your breath and try not to waste too much energy on it….that’s what they excel at, draining your energy with their evil.

    they had to reveal themselves at some time, let’s see what the people do about them….

    and thanks for the music….you should read his biography and other information attached, he was a target because of his skin color, and extraordinary genius skills in both classical music and fencing, that brought a lot of hatred and envy and SET UP…to destroy him…so of course they would try to write him out of history….epic fail.

    Like

  • African Online Publishing Copyright ⓒ 2022. All Rights Reserved

    “OBVIOUSLY there is some other REAL shiite being smothered….
    Typical Enuff sleight of hand move… LOL”

    evabody know dey trying to hide sumting even SCUMMIER….,..especially wid de cult fowl sniffing around..

    ..but i got a photo of the fowl for the back page of my Kush Quarterly issue come October..

    Like

  • African Online Publishing Copyright ⓒ 2022. All Rights Reserved

    I was to say this all day, but things kept getting in the way…

    yall remember after they robbed the CLICO policyholders and Foolish Froon, although he KNEW that many elderly people were destroyed, their savings lost, some died from the grief, their children and grandchildren disenfranchised..

    ..that clown still turned around and blamed the CLICO VICTIMS for being stupid to invest in the CLICO scam…just saying..

    now ya got the J-Series = JUNK scam..

    Like

  • @African Online Publishing Copyright ⓒ 2022. All Rights Reserved August 15, 2022 11:05 AM “the evil shite they have done for 100 years”

    Don’t forget the evil shyte that was done to the black people of Barbados by your husband’s people between 1627 and 1966. Three hundred and thirty-nine [339] years of shyte is a lot of shyte and not easily cleaned up.

    Like

  • @ David stated:
    “ Who are the civil servants who worked covertly to convey ownership of the property to private shadows?”

    How on earth can civil servants work “ covertly” . Is the tail wagging the dog here.? The government made a decision and the instructions were passed on to the relevant public servants to do their job.
    This statement by @ David is an insult to anybody’s intelligence.
    Why not ask : Who were the civil servants who worked “ covertly” to assist employers with owning $56 million to the NIS.
    Why not ask: Who are the public servants who” covertly” invested the funds into non- performing investments.
    What you wrote there inferring that public servants were involved in “ covert” activity is pure nonsense.
    Shameful .

    Like

  • African Online Publishing Copyright ⓒ 2022. All Rights Reserved

    TLSN…going through the video…i did hear some of that concerto when a small child…i remember…too clean not ……

    .the french isles are just a hop skip and jump, and there were some French descents in the household, but we never knew who made that music….

    Cuddear….ya should cut an album and hope ya get paid.

    Like

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