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Currently the political climate in the region is heightened. St. Vincent is deep in electioneering mode, promises flying everywhere as expected supported by Barbados Labour Party (BLP) boots on the ground, St. Lucia’s general election called for December 1,2025. In Barbados the BLP nomination in St. Joseph was completed on the weekend with the anointed Ryan Brathwaite to take over from the beleaguered Dale Marshall, soon to follow will be St. Thomas to replace Cynthia Forde. The election machinery starting to hum louder with 8000 deletions from the electoral list published in the weekend press.

In small Westminster style democracies like Barbados, there is a contradiction that we have discussed in this space many times, we go to the polls believing we are electing a person based on promises made on the campaign trail, but, the second that individual gets sworn in, they toe the party line. Suddenly the member of parliament elected bends the knee to the desires of the party and party leader – not necessarily in that order – parroting whatever rhetoric has been handed down. It does NOT matter if it clashes with promises made on the hustings.

This dysfunction that is baked into the Westminster model we selectively practice. depends on strong, independent backbenchers to keep the government in check. In the case of Barbados where the BLP captured all the seats in two successive general elections and two subsequent by elections, it is fair to say that the potency of our style of democracy has been seriously compromised. To borrow words from the late Editor in Chief of the Nation newspaper – all of them are singing from the same hymn sheet. How can the Lower House deliver on its responsibilities as mandated by the framers of the Westminster system given such a glaring contraint?

For any political system to function optimally, it requires dissenting perspectives, some say adversarial. In a country like Barbados, St. Vincent, Dominica and others, an MP or Senator’s survival hinges on staying on the good side of the party leader, just ask former Senator Dr. Crystal Haynes. MPs are forced to tell lies, that is, make promises that in the main will never be kept. The paramountcy of the party and party leader is prioritised over the individual needs of the MP and citizens. What an idiotic arrangement that far too many citizens blindly loyal, although it must be said there is increasing political apathy and cynicism being demonstrated by the citizenry. No doubt a symptom of a dysfunctional system and not the solution.

The blogmaster’s research suggests that the Westminster system was never engineered for small populations like ours.. It was designed with the ‘space’ for parliament to challenge the executive.The prime minister although elected by her peers is considered first among equals with the other members of the parliamentary group competing for ‘handouts’.

The challenge for the citizenry is how can we make a system that feeds itself adopt a reform agenda a la Perestroika. There is currently a Parliamentary Commission report languishing somewhere with recommendations that – if implemented – will nurture the status quo – how to strengthen parliamentary committees. Term limits for the prime minister is another. The power of recall is one we hear mentioned etc etc. Many will say these are bandaids, we need deeper reforms to a system of government whose shelve life has expired. Can we be a model for others by creating a Cooperative System of government where people power is the anchor? Nah, the blogmaster was dreaming!


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63 responses to “Barbadians need to grab power”

  1. NorthernObserver Avatar

    JohnA
    ODS SRL, as in One Door Shop and begin applying.

    David
    Much of the shit currently stirring is because, that reserve currency, IS being challenged. We hear drugs/narco whatever, but even those folks, are mining gold, mostly without permission, across S.America. Gold maybe more expensive to obtain than cocaine, but its high value /oz, and being legal everywhere, much easier to transport, and you don’t require an elaborate distribution network. Plus the extraction costs become an immediate laundry for drug proceeds.
    Further, China who buys huge quantities of raw materials, are bluntly refusing to pay in $US. They’ll pay in yuan, or several other currencies.
    Not tomorrrow, but I suspect, the erosion of a single dominant curremcy will be faster than you forecast.


  2. Friday will put Ralphie in political jlail on Friday. I told a poilitical scientist that thr angry crowds Ralph encountered despite a swarm of police around him was an indication the people would vote against him. Skertit is next along with his Caicom cohorts. Mia, sorry about Ralphie.


  3. “… dependence of the greenback as a reserve currency etc, it will not occur within your aggressive timeline i.e. your lifetime LOL.”
    ~~~~~~~~~~~
    If only you knew the hour Boss…!!

    Like a thief in the night, it will be sudden and shocking…
    not gradual and scheduled.

    You clearly fail to grasp the nature and powerful character of the Chinese and Russian civilizations, particularly their tenacity and resilience. While different to the western albino-centric’s wicked ruthlessness they are unstoppable once motivated.

    Between BRICS and the yuan’s global acceptance, the deed is practically done!

    LOL
    Bushie plans to survive all that fun, so you betta start getting your lamps oiled up like the wise virgins…
    What an epoch!


  4. Congrats to the government, turning a corner?

    High demand for BOSS+

    Barbadians have shown their renewed appetite for Government paper by acquiring $200 million in Barbados Optional Savings Bonds Plus (BOSS+) in less than six months.

    This means that Government has now raised $600 million from these securities, which first hit the market in 2022 to “facilitate the funding of environmental, economic and social development in Barbados”.

    In June, the Central Bank of Barbados announced that the latest tranche of BOSS+, the third, opened for public subscription, with an issue date of June 16, 2025.

    On Wednesday, the monetary authority said that the latest series “has been fully subscribed”, with a fourth one scheduled to be available soon.

    BOSS+ is a five-year investment that pays 4.5 per cent interest per annum in two instalments and that interest is not subject to withholding tax. The two previous series, issued in September 2022 and July 2023, were also sold out.

    Like the previous series, the third one was for $200 million and open to individuals and institutions.

    “Selling out in just six months is proof that investor confidence in Government securities has returned. We saw strong uptake from both institutional investors and individuals, which highlights that BOSS+ is truly an investment for everyone,” said the Central Bank’s director of communications, information and outreach, Novaline Brewster.

    New series

    “Given the broad interest among Barbadians and Barbadian businesses, we will be issuing a fourth tranche soon. We encourage anyone who wants to take advantage of this opportunity to boost their finances to look out for the announcement of a new series,” she added.

    Government has been issuing more securities as it seeks more local financing following the 2018 domestic restructuring in which individual and institutional bondholders lost millions of dollars.

    In the Central Bank’s January to September economic review, Governor Dr Kevin Greenidge reported that Government “mobilised domestic financing through BOSS+, Treasury bills, and a 2044 debenture”.

    “BOSS+ bond proceeds totalled $83.3 million during the review period, up from $29.2 million in the corresponding period in 2024. The National Insurance and Social Security Scheme held 24.1 per cent of these instruments and private companies held 23.6 per cent,” he said.

    Greenidge added that receipts from the US$100 million bond issued in June “remained modest”.

    “Net Treasury bill proceeds totalled $10.6 million, compared to the $91.7 million recorded during the corresponding period of fiscal year 2024 to 2025. The 2044 debenture issue raised $4.8 million and investors fully subscribed by the end of July 2025,” the Governor said. ( SC)

    Source: Nation


  5. The National Insurance and Social Security Scheme held 24.1 per cent of these instruments

    Before the Northern fella points it out


  6. So if the NISSS boght nuff of this paper yielding 4.1 % and have other paper from the restructuring yielding 1%, then to get to an average annual yield for the total asset base of rougly 7%, means their other investments would need to be earning 9% or more!

    Really can’t wait to see audited financials for ” The People’s Lifeline” before I die hopefully.


  7. “a fool and his money are soon parted”


  8. @Frank
    Good spot. TBills were also down sharply.
    People have short memories. But much money. And few options.
    So even though the same issuing entity offered $US Bonds at double the rate, Bajans obviously aren’t applying to the CBB to exchange their $BDD to $US so they can get a higher rate?
    Worse, neither is the NISSS? Or maybe they participated in both issues?
    They don’t report, so we haven’t a clue.
    Yet, they did manage to sell $200M. Which is $200 M more than I would have purchased. Then again, I have choices.


  9. @John A

    Fortunately the mortality rate for Barbados is pushing up therefore there is hope.


  10. Before a fowl fly up and asks why the fund needs to yield over 7%, please read the average acceptable returns globally on sites like Pensionbee and other such sites. There you will see 8% is the minimum targeted return for such funds globally.


  11. @ David

    I personally think the fund yield will be well below the target point of 8% when you consider their portfolio. The net rents for example after expenses on their commercial real estate, would struggle to net 8% on the asset, especially in the case of The Grotto and other such “investments.”
    On their paper we already know they are no where near that average either some yieding 1% and others around 4.5%. Add to that the loss of $100 million at Four Seasons and $3 billion in the restructuring and they probably down in 3 percent after adjustments. And that is assuming the $3 billion is spread out over a protracted period and not a one time hit on the books.


  12. @John A

    We know that their cash surplus will not garner much with interest rates low.


  13. Perhaps this is why we are being ‘protected’ by the withholding of financial reports.
    What we don’t know won’t bother us (except for John A and Northern).

    This frees bajans up to fully enjoy key activities such as We Gatherin, Kadooment, Reggae on de Hill, Crapover and all the miscellaneous fetes, brams and parties… rather than lament on how we have been robbed blind…

    As long the sheeple are happy, feting regularly, and enjoying petty political largesse,
    There is no issue…

    A special kind of curse…

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