No Pain No Gain: Barbados Economy On Life Support

The tenor of public debate about where the government will cut 400 million has become interesting to follow in recent days. Can we pick up the conversation from before the general election when the platform cry by the government was that public sector workers will not be sent home?  A few months later, and as recent as today, we have had to listen to the head of two unions address the prospect of government slashing public sector jobs.

Continue reading

Politicians Laughing at WE – NIS Funds, Transport Board, a Matter of Integrity

Submitted by Hamilton Hill

Pedro Stanford, Chairman of the Transport Board and Sandra Forde, GM

While listening to Sagicor’s Early Business Report on VOB some morning this past week I was startled by the news that the authorities in Jamaica had brought charges against three persons in that country for corruption. A business man, a police officer and a member of parliament–yes a sitting MP. According to the report this all came about through a traffic ticket, and a subsequent attempt to have it disappear. BARBADOS ARE YOU TAKING NOTE? This is what integrity legislation when enforced can do.

In an effort to breathe life into a transportation system that has long been a victim of political cronyism on both sides of the fence, government has again turned to its perennial cash cow better known as the NIS, and we who could very well end up on the short end of this deal have no voice as to whether or not it should be done. Why don’t we? The planks of protection embedded in Integrity Legislation are not in place. If there were this board would not have been made to operate in a climate where its failure is and has always been a foregone conclusion—where it pandered to its competition by way of the sale of its more lucrative routes, often times to friends and even family members of those in control of its very purse strings. Surely we can all remember the mini busses that covered the St.George area. Day and night they were packed to capacity, while the transport board’s were empty. For the most part they were owned by one person. One well connected person.

Continue reading