Tag Archives: People’s Democratic Congress

Call For Barbadians To Boycott The Next General Election

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Submitted by People’s Democratic Congress (PDC)

The People’s Democratic Congress (PDC) will NOT be running candidates in the next general election in Barbados. As a matter of fact, the PDC has decided to BOYCOTT the next general election over the continual destruction degradation of many of our political social material and financial affairs by these ossie moore jack o lantern BLP and DLP factions.

Furthermore, what this means also is that we will NOT be VOTING in the next elections either, and we will NOT be entertaining many conversations with many people on any political electoral issues related to which party is going to so-called win the next general election; which DLP/BLP candidates are going to so-called win constituency elections either; or which numbers of seats any of those two old joke parties are going to get.

Whilst it was our intentions up to recently – some weeks ago – to run candidates in the upcoming general election, we must say that – after careful study of three (3) particular situations in Barbados – we have recently most definitively come to the above described fundamental positions, and thus have so far been letting many potential/voters know the facts surrounding these circumstances. To this end, many of them have been in agreement with our positions.

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What Money Is NOT!

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Submitted by People’s Democratic Congress (PDC)

In Barbados, the ONLY good and satisfactory measure of the total amount of money that is in stock and in circulation at any points in time in this country is money itself.

Also, in Barbados, the ONLY good and satisfactory measure of those net positive/negative financial outcomes that are produced through  the use of money by multifarious people, and that are representative of money used collected spent received in given ways – in both regards – income, revenue, savings, expenditure, debts, etc. –  is money itself.

Verily such circumstances emerge whenever money is viewed by many people as a universal commodity, with its own digitized countable characteristics; emerge whenever money is viewed by such persons as a trusted medium of exchange expressing nominal income, payments, transfers, etc. and emerge whenever nominal income, payments, transfers, etc. are viewed as denoting money.

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Cost Of The Use Of Money Too High In Barbados

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Submitted by the People’s Democratic Congress

Fixing money

As the cost of use of money theory would have it to be, the cost of use of money (in this case – Barbados money) invariably relates to the total amount of nominal costs –  expressed as a percentage of the Barbados dollar – that  individuals, businesses and others would find themselves contractually paying for from out of those nominal  incomes, payments or transfers that they would possess at the time; or would find themselves contractually passing on as further nominal costs to be borne by other individuals, businesses and other entities, in each and every case where they and others go and  USE – at the same time at innumerable points across the country – the Barbadian people’s money (value) on a daily basis.

In line with that theory, is the reality that whenever the cost of use of money theory is applied in the Barbadian setting, it naturally relates to the total amount of nominal costs – expressed as a percentage of the Barbados dollar – that individuals, businesses and others did find themselves contractually paying  for from out of those nominal  incomes, payments and transfers that they possessed at the time; or did find themselves contractually passing on as further nominal costs that were borne by other individuals, businesses and other entities, in each and every case where they and others went and USED – at the same time at innumerable points across Barbados – the Barbadian people’s money (value) on a daily basis.

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PDC Leader Mark Adamson Snubbed At Central Bank of Barbados Lecture

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Submitted by People’s Democratic Congress (PDC)

Cleviston Haynes, Deputy Governor (l) Paul Volcker (r)

Days before it could actually have taken place, there was one particular lecture event that many Barbadians would have already made up in their minds that they were going to attend. For, these people did not wish to miss out on this unique opportunity to see and hear for themselves a man who many of them would have long been hearing and reading about from long distances, and a man who many of them would have come to realize as a man who has long been building a name and reputation that have become larger than life, esp. in an area such as international banking and finance – an area that  has come to mean so much to them and to so many multitudes of people across the world politically financially.

No doubt about it too that many of these same people had wanted to hear from a man who, for some duration, was one of the world top central bankers, on what were the fundamental causes of the 2008 financial crises, and on what solutions were needed to prevent such from happening again and to prevent countries like Barbados from being so adversely affected by crises they did not create.

As part of the build up to the lecture event, which included the usual media advertisements, there was even the presentation of a special program on one of the government controlled radio stations, the night before the lecture – on CBC 94.7 fm to be exact. This program contained contained a recorded prelude to Mr. Volcker’s lecture by the Minister of Finance, Mr. Chris Sinckler, who rendered some insights into why Mr. Volcker would have been chosen to do such a lecture, themed REFLECTIONS, in Barbados.

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VOTE PDC Next Elections!!!

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Submitted by The Peoples Democratic Congress (PDC)

PDC wants to be the voice of the people

The truth is that from time to time in Barbados as many as a hundred and fifty persons on average could physically come the PDC over any six month period wanting to know what manner of governmental system will replace TAXATION, whenever a PDC Government goes ahead and abolishes it.

And, so keen are these individuals on seeking out knowledge on this philosophy, that they – during the course of discussing with us this very fundamental question of the ABOLITION OF TAXATION – go on to pose several other related questions, like, how will the police, nurses, doctors etc. will be paid??

Sad thing, though, is that on innumerable occasions owing to the shortness of length of these discussions, the PDC is only able to little explain to some of them, the strategies and policies that will directly and indirectly make up such a governmental financial system.

On many other occasions, too, during the course of these said discussions, our party has had to direct many people, once they have internet access, to this BU blog site to read, as much as possible, the relevant articles and submissions that have so far been submitted to BU on this philosophy.

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Cost Of Money Continued

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Submitted by People’s Democratic Congress

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moneyIn the following PDC analysis, we continue to focus in a laser-like fashion on this very destructive cost of use of money variable in Barbados. And we will do so by partially looking at some of the political financial relationships between the said cost of use of money variable and the cost to a person’s/entity’s income of acquiring a particular basket of goods or a certain set of services.

As well, we will outline that given the real incomes of the broad masses and middle classes of people are so small/modest, individualistically speaking; that given the fact of the cost of living and the cost of doing business are at this juncture skyrocketing, and that given the values of whatever amounts of commercial properties, assets and resources that they have in Barbados are threatened by the latter circumstances to the point of their reaching very abysmal financial values, how most of the members of these said classes will  therefore be subject to becoming eventually subjugated and degradated by this political money system and those people that run and dominate this particular system and this wider property owning system.

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VOTE PDC Next Elections For Better More Efficient Money System

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Submitted by Peoples Democratic Congress (PDC)

The Barbadian people’s money HAS LONG BEEN AND CONTINUE TO BE PAID FOR on the behalf of the said  Barbadian people by governments over the years from some of the very ill-gotten proceeds of TAXATION. This clearly implies that, collectively – not individually though – it is the people of Barbados that OWN the money of Barbados.

As such, those people (Barbadians and others ) who are in Barbados using this money in the furtherance of trade and investment and debt clearance OUGHT NOT to have been paying for the use of the Barbadian people’s money!!!! NEVER!!

As a matter of fact, the people of Barbados must start moving towards the situation wherefore in the long run in Barbados they are NO LONGER BEING MADE TO PAY FOR USE OF THEIR OWN MONEY. FULL STOP. And they must  NOT continue to believe that it is almost impossible to eliminate this despicable horrendous actuality.
For, if they were ever a time to start reining in this raving fierce monster that has been doing substantial damage to the material production and distribution affairs of this country, it must be now!! NOW!!

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