Barbados national day represents the death of government led socialist values, a transition over to a new economic management style of governance where the trappings of the old independence subsidized social services government begin to diminish and Citizens will be required to each pay more to fund their basic living necessities as government can’t continue to subsidize the cost of providing some goods and services and at the cost asked of Barbadians. International debt service and IMF terms and conditions are already eroding the independence economic model as Barbados now look to China for social investment to fund our new international lifestyle. A lifestyle without God where the innocent are exposed to international banks who violate directives by government ministries.
The independence economy allowed the state to spend resources on the masses by building out the social services sectors and rolling socialist economic policies to benefit the masses of Barbados.
The Barbados National day has no hope attached to it’s ethos as Barbados has to repay 829 million to the IMF by 2029 and no clear strategy is provided as to how the country will manage to balance debt service while still spending adequate money into the different ministries. Barbados had to sign another IMF program to continue it’s first incomplete program. International credit rating agencies issued statements to the effect that Barbados will only get credit upgrades if they continue into another IMF program to borrow additional billions and Barbados complied
Apart from the provision of jobs in seaweed , ash program and Covid-19 there has been no productive growth of jobs since the signing of the IMF program within the government of Barbados. When Covid hit government appointed an economic advisory council which was led by Former PM Owen Arthur and it’s aim was to create 20K jobs however this goal was a political stunt and simply not possible. The government attempted to recreate the 1994-2003 era where massive increases in government departments / government jobs occurred in Barbados.
Barbados signed onto an International Monetary Fund agreement which promises to reduce employment in all ministries by reducing the wage bill , cutting & merging government departments, placing high level civil servants on contracts, cutting pension and social benefits from government to government workers, creation of unfair environment for union workers, implement taxes and fees on health care , implement garbage and sewage tax on water bills causing persons not connected to sewage to carry extra burden, a hike in bus fare to $3.50 then to privatize transport board , the dreaded gas tax , increases in land taxes, compulsory acquisition of lands with payment in bonds , leasing out of the GAIA, Harrison Cave and a planned privatization of Barbados Water Authority.
In planning Barbados’ economic policy, the makers determined that the independence economic model has created too many dependents on the Barbadian state for social mobility. The IMF is on record stating that Barbados’ social programs are too generous to it’s citizens. Hence why as far back as the Barbados’ first IMF program under PM Erskine Sandiford, the IMF at the time recommended that the public service of Barbados be cut massively or face currency devaluation of the 2:1 peg to the US dollar . 30 years later in 2021 Barbados to protect that peg the country borrowed $1.7 Billion US to avoid an external devaluation. Barbados recorded is about to record a 2nd year of foreign exchange loss of $1B therefore foreign debt levels continue to spike. much like PMs Sandiford in 1987-94 and Stuart 2008-2018 external debt service will choke a future administration elected between 2027- 2037. To make matters worse local debt service from the debt restructuring will also spike.
All these factors cut against the crust and core of both labour parties. Whom built their foundations on providing employment , workers rights and representation, NIS , severance & pension legislation, free health care , access to finance & credit , access to low income housing and lands , access to free education , access to adequate water and waste facilities .
The Arthur job creation model was driven by foreign direct investment and borrowing from the International capital market.
In 1994 the IADB Investment Sector loan for pittance of $35 million saw the opening up of Barbados to large sums of foreign money from international capitalist that gave non nationals the rights to purchase large tracks of land for development. This was signed by Owen Arthur as Former Prime Minister Erskine Sandiford and David Thompson refused to sign this legislation while Barbados was under it’s IMF program in 1991 -1994 . This legislation destroyed the spirit of tenantry freehold purchase act by Tom Adams which was revolutionary to land ownership by Barbadians .
The ownership of prime agricultural lands was sold to build hotels, multi million dollar housing estates and golf courses. In the modern era, agriculture lands are being leased to foreign investors mainly from Canada to grow medicinal marijuana in Barbados. The continuation of the tourism services economy where government provides tax concessions to hotel brands has expired hence why the fiscal incentive bill has been repealed . Covid has broken tourism services to the point of record breaking losses of foreign exchange
Barbados went through an economic boom after 1994 where the average employee with a university degree or businessman who was able to attract middle income earnings moved into higher social classes via debt in residential mortgages and car loans to banks whom are all foreign owned in 2023. The current cost of living , government’s high personal income tax rates and personal debt service are crippling these middle income earners. The working poor is growing in Barbados.
To end with a quote the 2016 budget of Chris Sinckler he declared “Managing in these times has been difficult because contrary to popular belief solutions are few and fiscal space is limited, economic diversification Is practically non existent , preferential market access is a thing of the past, structural debt is high , developmental assistance is low and social protection and development …the springboard to our social post independence success is becoming more burdensome to carry in face of declining revenues.
National Day is to usher in a new mindset engineered by the structural changes of BERT and soon BERT 2.0 and in the face of a 30-0 parliamentary majority , censorship , despotic rule and rogue governmental practices. The continued State of Emergency renders Barbados a Prime Ministerial dictatorship.
Why can’t socialism work in a land of 300,000
On paper socialism can and should work
Love Died in Our Arms (Lee Scratch Perry Remix)
https://www.youtube.com/watch?v=aDxOgXZmXlE
Barbados needs a Hemperor
… because capitalism is not able to fund it!!
That’s why it works nowhere in the world where it has been tried.
Perhaps you are being political again and not economic with truth again
Too Greedy
your 333,333,333 usd inherited from mummy would help poor much better
The Court award should state an Inheritance Tax to the Max stipulation
Love Died in Our Arms
To: BU IT Help and Hinder Desk
Xtn : 666
Attn : Davy
Can you remove the Avatar profiles
Anonymous undercover spy stealth comments is better for BU Warfare
The Latitude and Longitude of Mystery
Writer reminds Wily of the saying “Nail in the coffin”.
Socialism can WORK, the only question is in a SOCIALIST society without abundant sell-able natural resources WHO PAYS ?
Mind the Gap
Socialism is the best model for the poor in poor countries where wealth inequality is massive multiples compared to the developed nations.
Interest rates are going Up! Up! Up!
↑ ⬆ ⬆️ ^ ↥ ↰ ↱ ⇅ ⇑ ⇞ ⇧ ⇪ ⦽ ꜛ ˄ ⌃ ⌤
signing up to fixed rate credit deals is canny planning
The DMX Will Rock / Davy DMX
The DMX will rock, control the beat, get up
The DMX will rock, control the beat, get up
The DMX will rock, control the beat, get up
The DMX will rock, control the beat, get up (Davy DMX)
The DMX will rock, control the beat, get up
The DMX will rock, control the beat, get up (Davy DMX)
The DMX will rock, control the beat, get up
The DMX will rock, control the beat, get up (Davy DMX)
The DMX will rock, control the beat, get up
The DMX will rock, control the beat, get up (Davy DMX)
The DMX will rock, control the bеat, get up
The DMX will rock, control the bеat, get up (Davy DMX)
Davy DMX
Control the beat, get up, the DMX
Davy DMX
Davy DMX
Davy DMX
Davy DMX
Davy DMX
Hotel Indigo
PM MIA rises again.
The order mandates that no worker in Barbados can be paid less than $ 340.00 per week if the worker is weekly paid, $68.00 per day if the worker is paid daily and $ 8.50 per hour if the worker is hourly paid.Oct 5, 2022
Wily Coyote on November 4, 2022 at 3:52 PM said:
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Writer reminds Wily of the saying “Nail in the coffin”.
Socialism can WORK, the only question is in a SOCIALIST society without abundant sell-able natural resources WHO PAYS ?
++++++++++++++++++++++++++++++++++
Socialism does not create value and make money.
Capitalism is required to fund it.
Problem is that socialism consumes the products of capitalism without giving anything back and in the long run, a country that chooses socialism will collapse.
So what Wily is hearing is that SOCIALISM only works in the presence of CAPITALISM, ie: provides the funding. That means that Socialism will be a FAILURE in third world, resource limited countries such as Barbados. 65 years of Independence and a couple years of Dictatorship is proving this concept.
Question is why do socialistic countries such as resource/production LIMITED countries like Barbados keep trying to live as socialists when it is proven that the concept will ultimately leed to FAILURE.
High aspirations and beggarly pockets.
“The independence economy allowed the state to spend resources on the masses by building out the social services sectors and rolling socialist economic policies to benefit the masses of Barbados.”
Only a supporter of the lazy freeloaders like Mr Stuart hails our disastrous welfare state. This welfare state has impoverished the masses, made them weak and dumbed them down.
We finally need a second emancipation, let us liberate the masses and break the chains of excessive taxation! Down with the racism of the high-tax state.
We need a Barbadian Augusto Pinochet to lead us into a liberal, rich future.
Supreme Leader, are you ready to take on the great Pinochet legacy and transform Barbados into a new Chicago School Jerusaleum?
There has to be a political balance between left and right to move the energy to the central channel away from extremism ism and schism division.
CAPITALISM FAIL F
Today capitalism has less to offer. The decay of the system produces racism populism, fascism, unemployment and war in capitalist globalist countries like Great Britain and the United States.
Source: Nation
” trigger growth through major developments and capital works.”
開悟合一 Enlightened Oneness
💖 I like this platform and the articles of various enlightened/enlightened ones
【綠度母心咒 Green Tara Mantra】 。平和、寜靜、安祥、圓滿。消除負面情緒、改善感情運、財運必聽。分享累積功德，二小時版本
【Green Tara Mantra】. Peaceful, quiet, peaceful and complete. Eliminate negative emotions, improve emotional luck, and fortune. Share accumulated merits, two-hour version
Has anyone EVER wondered why almost NO POLITICIAN that we have EVER had in Brassbados has had the guts to come on a forum such as BU for an extended period – in the way that Caswell or Jeff Cumberbatch did, to argue their positions and defend their policies?
Take the joker Duguid for example….
Any idiot can pontificate in front of brass bowl public servants who only have the balls, behind his back, to say he talking shiite.. about Chinese steel houses and hotel projects.
But it would take a REAL MAN or woman, to ‘do a Caswell’ and come publicly to make a sensible case, and to defend their policies AS A PUBLIC PERSON… in a robust forum such as BU.
Petra Wicky tried, but, not being a REAL man, faded quickly when the heat was turned up…
In Bushie’s book, NO public figure, who is unable to make a PUBLIC case for their intended PUBLIC role in such a forum, should be selected by the public to ‘represent’ them.
Also, having been elected, their donkeys should be MADE to go on the record in SOME SUCH PUBLIC FORUM, on a regular basis, to answer concerns raised by the public… and by Bushie 🙂
What the Hell else are they being paid to do?
..hide under MAM’s skirt … or scarfs and talk shiite?
@Bush Tea
Some of them post but anonymously.
The former senator and the former UWI teacher were just bugging our government to get top jobs in that very government. Let me remind you of the fact that Cumberbatch is now a judge on the Court of Appeal and is journalistically dead as a doornail.
In other countries you go to jail for criticism, in ours you get a promotion. Those who still claim that our Supreme Leader acts like a dictator have not understood the nature of dictatorship.
All Wily hears is that there is a few new hotels in planning and early construction phase, all tourism related. Let Wily tell you a few minor activities relating to tourism WILL NOT miraculously or remotely solve Barbados finacial issues. Barbados has to evolve away from socialism and tourism if it has any chance of developing a self sustaining economy.
Wily still and always has maintained the imputus for change is getting rid of the currency peg which will have the result that Bajans will be forced to live within their means. This hopefully will also bred a new skilled and innovated political class that primary objective is ACTIONABLE problem solving.
Tough love is the answer.
@ David
Some of them post but anonymously.
~~~~~~~~~~~~
More than Enuff do that… perhaps even Bushie… LOL
But that is quite different to posting as ‘Minister of Culture’ or as “Third assistant minister of Finance”, and discoursing with John Public on issues RAISED BY John P … and not only making silly statements on shiite distractions designed to push political agendas.
@ Wily
100% correct.
But it is 20 years too late for that approach to bear any fruit.
The inevitable ending now will be a Sri Lanka type collapse – probably triggered by some external event that discomforts one or more of our financial masters, to whom we are deeply beholden in debt…
Women tend not to worry so much about borrowing and debt…..
Perhaps because they have well lubricated purses of the hairy type.
Men, on the other hand, have to find vaseline….
…so Bushie don’t owe a boy….
@Bush Tea
That will never happen in Barbados given the culture of our politics. We are a tiny place where relationships overlap and then there is the insularity and polarized environment we seem to be copying from over in away.
Bush Tea on November 5, 2022 at 1:15 PM said:
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Has anyone EVER wondered why almost NO POLITICIAN that we have EVER had in Brassbados has had the guts to come on a forum such as BU for an extended period – in the way that Caswell or Jeff Cumberbatch did, to argue their positions and defend their policies?
+++++++++++++++++++++++++++++
Duguid did for a while.
Used to be on Barbados Free Press too!!
… until …
Barbados Free Press exposed the fact that he was operating from the same IP address as that of the miscreants.
He explained subsequently that he was using the computer in Parliament who obviously another one with access to the computer had used and left their remarks!!
You don’t remember?
https://barbadosfreepress.wordpress.com/2008/05/25/interesting-coincidence-william-duguid-and-persons-making-death-threats-used-the-same-ip-internet-number-a-year-apart/
BREAKING! US armoured vehicles attack Haiti fuel terminal blockade, as Russian tankers arrive!!!
https://youtu.be/jZKOfTzgK7A
“So much for Wishing in Vain and the other vultures at Barbados Free Press who are shamelessly trying to use the tragic deaths of the Codrington family for political play.
Barbados Free Press Exposed calls on all decent Bajans to reflect upon this tragedy and pray for those whom we have lost.”
wow…so did yall ever get the integrity legislation, this info is YEARS OLD..
.and the grandmother of the surviving Codringtion child recently died with no justice for the loss of her son and family, not a penny for the child she had to raise. So who is responsible again, and refusing accountability….are a whole gaggle of pretenders.
David
That will never happen in Barbados given the culture of our politics.
~~~~~~~~~~~~~~~~~
Caswell would do it…. and perhaps Ralph T.
Which is one of the reasons that Bushie tends to be partial to Caswell.
The Supreme leader would probably like to do it too… but may be afraid to expose her weaknesses, and besides, being a legend in her own mind, may be incapable of the kind of genuine patience that would be needed for such a robust forum…. patience like the Blogmaster’s 🙂
Humility is a great strength…..
…although Bushie is missing ac…..
Have not be called ‘an ole boar’ now for so long that Bushie is getting too arrogant…
LOL
ha ha
How about bring back ac, and ban Kiki for a few months…?!
Murder!!!!
@Bush Tea
ac was being moderated, there is a difference.
Cos I’m gonna rock
Devastating captivating one of a kind
No one else has got a rap like mine
Cos I’m gonna rock the spot
Cos I got it like this
Highs and lows you know how it goes
I play no games my raps is so serious
They’re so good they’ll make you delirious
Sit back relax and you don’t want to miss
As Davy DMX is going to rock you like this
I’m not like you from around the way
Where I come from we rap around the day
Straight from Heaven rock the beat 24-7
Source: Nation
And I quote> The continued state of Emergency renders Barbados a PRIME MINISTERIAL DECTORSHIP…and every one of you all sitting down and taking it. from the election etc, Lord Jesus this morning we look to you from whence cometh my help.
My help cometh from the LORD, which made heaven and earth, Psalms 121
From the moment government decided to relax covid 19 protocols the emergency law should have been discontinued if for no other reason than optics and nurturing public trust.
Power corrupts, and absolute ‘state-of-emergency’ powers are addictive.
The supreme leader is probably now seeking an ever bigger ‘power-fix’ … far from looking to reduce the current addiction….
https://www.nationnews.com/2022/11/06/update-fatal-shooting-gills-road/
Wily Coyote on November 5, 2022 at 12:22 AM said:
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So what Wily is hearing is that SOCIALISM only works in the presence of CAPITALISM, ie: provides the funding. That means that Socialism will be a FAILURE in third world, resource limited countries such as Barbados. 65 years of Independence and a couple years of Dictatorship is proving this concept.
Question is why do socialistic countries such as resource/production LIMITED countries like Barbados keep trying to live as socialists when it is proven that the concept will ultimately leed to FAILURE.
High aspirations and beggarly pockets.
++++++++++++++++++++++++++++++++++++++++
Simpler explanation.
POWER and CORRUPTION!!
You Tube
Have Your Say – The CRC Public Meeting at Deighton Griffith Secondary School (Nov. 6 22)
https://youtu.be/4j7RrGZO3yY
Told yall Dr. V. Alleyne has a real head on her shoulders, she is nothing like the usual empty-headed limited in intellect with slick talk and no substance.
Here is what is happening around the world.
This will help understand why Barbados is sunk and the US can course correct …. possibly.
Roughly one third of the US population is left, crazy and woke. This is half of the Democrat base. There is a possibility of a civil war breaking out between the two halves, but it is more likely the less weird half will join the Republicans and go along about their business leaving the remaining left, crazy and wole folks to self destruct.
There is always hope for the US because 2/3 of the population actually has sense.
Here in Barbados, it is 95% of the population that is crazy, left and woke, and that’s why there is no difference between the two parties …. and why, economically, our ass is grass.
Chances of us course correcting is slim to zero.
https://www.msn.com/en-gb/news/editorpicks/how-the-democrats-lost-the-middle-class-opinion/ar-AA13PGCj?ocid=msedgdhp&pc=W069&cvid=d5dd068391a74e30860615d90ea1ab65
Are these numbers taken from out of the air, out of a hat, imaginary or just your statwistics?
Read the article!!
“On the other hand, just 31 percent of likely voters—the smallest of the three voter segments—are “anti-populists.” This group resembles the Democratic base in many ways: They are also multi-racial, but they over-index as college-educated whites. They’re slightly younger and more likely to be women, and almost none are Republicans. They are also the least likely to vote in 2022.”
We get it, next!
Source: Nation