Barbados Finance Minister tackles Starcom Network, Sinckler ignores possible ForEx at Bay St Debacle

Sinckler and the DLP just do not know! Do you think if they did, the deficit would keep increasing or they would be borrowing loans to payback loans they already borrowed?

You really listened to a Media conference: to hear what? They did not know in 2008; last year or last week, do you think they will know now or tomorrow? That's why they have already sub-let the management of this country to the IMF!

You really listened to a Media conference: to hear what? They did not know in 2008; last year or last week, do you think they will know now or tomorrow? That’s why they have already sub-let the management of this country to the IMF!

You do not call a media conference to say something – you call one when you have something to say! So, what did the Government say that make sense? How can workers from Drainage be placed in roadworks if BOTH are Government projects? But this Sinckler’s plan… What about monies due to CLICO, Al Barrack & Myrie? Intention is great but a formulated and enforced deadline is BETTER!

Do you now know anything – that you did not know before that so-called media conference was held? A bold suggestion to decriminalise Ganja is made as a means of pulling ForEx via exporting to Canada and California and all Sinckler speaks of is what he saw on National Geographic? {CLICK FOR FULL AUDIO}

Barbadians want answers, as regards – when this DLP nightmare and horror-story will end but this-failed-DLP-Government continues to bluff their way! And the longer they are allowed to loiter, the deeper the country will sink.

This country is gripped by an "economic disaster," which is getting worse by the minute and the DLP opts to waste the country's time with froth!

This country is gripped by an “economic disaster,” which is getting worse by the minute and the DLP opts to waste the country’s time with froth!

What is the distraction now? Are Rating Agencies about to announce yet another downgrade?

How the hell could the DLP be allowed to get away with such a vulgar and horrible crime against Barbadians and the region! Where is the social justice and accountability? Has Barbados become a banana republic and a place where the innocent pays and are punished for the atrocities of the wicked? Because of the DLP, the whole world now thinks regional leaders and Governments are incompetent at economic leadership and management!

We have to be candid about what has happened and why Barbados now finds itself in this sorry mess and perilous state, where thousands of Barbadians are being subjected to an unknown period of human suffering and a life of poverty, with no light in the DLP’s tunnel. There has to be a point beyond which, failure to accept sound, well-reasoned advice, from experienced professionals, including those who have “successful-actual on-the-job experience” – constitutes criminal negligence.

This-failed-DLP-Government ignored sound advice and persisted with its 'fatted calf doctrine' and political entitlement programme. It then recklessly mismanaged the economy and borrowed like there was no paying back, even borrowing more in four (4) years than the BLP did in fourteen (14) but, unlike the BLP - with nothing to show! It is now borrowing to pay-back money it already borrowed and to prop-up the foreign reserves it squandered. This is so not cool!

This-failed-DLP-Government ignored sound advice and persisted with its ‘fatted calf doctrine’ and political entitlement programme. It then recklessly mismanaged the economy and borrowed like there was no paying back, even borrowing more in four (4) years than the BLP did in fourteen (14) but, unlike the BLP – with nothing to show! It is now borrowing to pay-back money it already borrowed and to prop-up the foreign reserves it squandered. This is so not cool!

It made bad decisions; exercised poor judgment and introduced flawed policies, on a sustained basis – often achieving the opposite of what was intended. As an example, it introduced policies to reduce the deficit but it increased. The rate of poverty also increased. Unemployment did not come down, instead more ended-up on the bread-line and thousands and being sent home, all now. But all Sinckler can do is look to browbeat the Media, watch here…

Even “IF” it had the capacity to, (nobody believes it does) it was too busy complaining, making excuses and wasting time, to conceptualise viable, economic policies that would have ensured trade and fiscal sustainability. It therefore caused the country to be downgrade to ‘junk;’ a loss of consumer and investor confidence; a capital flight from Barbados; a number of businesses to close or to simply leave Barbados and set-up elsewhere. The DLP is therefore, totally responsible for this perilous fiscal crisis, which now grips this country.

It did very little to reposition our economic enterprises and sectors to accommodate changes in international trade law and relations. This-failed-DLP-Government is also responsible for the social, economic and political instability in Barbados. Imagine! A crisis and a brawl is raging between the unions and the Cabinet and nobody to call a cease-fire - even as the social partnership implodes!

It did very little to reposition our economic enterprises and sectors to accommodate changes in international trade law and relations. This-failed-DLP-Government is also responsible for the social, economic and political instability in Barbados. Imagine! A crisis and a brawl is raging between the unions and the Cabinet and nobody to call a cease-fire – even as the social partnership implodes!

Thousands are going home but not one of them can appeal to the Prime Minister, the Finance Minister or the Central Bank Governor – to intervene on their behalf – like a pal did recently, when he had a problem! Workers cannot appeal to the Labour Minister; the Prime Minister or the union because they are all holding the smoking gun! This is a real change because workers had a lot of friends before 2013′s February General Election. None now! The DLP is the Government again!

Because it is reckless and undisciplined, the DLP continues to spend more than it has and in circumstances where that spend, neither stabilizes nor stimulates the economy. It caused the debt to increase with nothing to show. It also caused the NIS Fund to be in a sad state, where it could be broke in nine years and will put it under even greater stress, because of  the DLP’s current labour massacre or it forcing thousands of workers on the breadline – an activity, which has now become the new core-business and core-competency of this-failed-DLP-Government! Where is the revision of VAT at 17.5% to consider reverting back to 15%? Sinckler’s best reply is to blame the Bees, 71 months after they left this country in the hands of the DEM’s by the mandate given {CLICK FOR FULL AUDIO}…

Every time the DLP gets it wrong, it punishes and harasses the country for more taxes. It triggered a meltdown of the economy with a 77% diesel price increase and made matter worse with an inflation budget, which snatched over $108m from the pockets of Barbadians. Not satisfied, it tried every year thereafter to tax its way out of a recession and to use a fiscal instrument (flawed taxation policy) to ease the pressure on the balance of payments. Its thinking was, if Barbadians have less to spend then Government would not have to spend foreign exchange to import, to replace what consumers purchased.

This failed-DLP-government spent all the money it had and more and then printed more. In fact, this DLP did all that, including causing the economy to collapse and the country to be downgrade to junk and to be now adrift; in danger of becoming a failed-state, while staring a devaluation in the face. And yet, it purports to have some moral authority to send home thousands, while being serious about keeping their job and expecting to be allowed to loitering long enough, to also qualify for pension - so they can continue to live comfortable, while the thousands it placed on the bread-line and the rest of the country - suffer. That "ain't" right!

This failed-DLP-government spent all the money it had and more and then printed more. In fact, this DLP did all that, including causing the economy to collapse and the country to be downgrade to junk and to be now adrift; in danger of becoming a failed-state, while staring a devaluation in the face. And yet, it purports to have some moral authority to send home thousands, while being serious about keeping their job and expecting to be allowed to loitering long enough, to also qualify for pension – so they can continue to live comfortable, while the thousands it placed on the bread-line and the rest of the country – suffer. That “ain’t” right!

There is no one else for the DLP to blame and Rating Agencies have already cautioned about a further downgrade if it continues printing money! The only thing worse now, would be for the DLP to import tear gas; announce a “curfew” or go to Parliament for a supplementary for funds to provide for ‘armed security for DLP Ministers,’ who now fear and feel they have to be protected from the very constituents they are suppose to represent but want to make sure they lose no sleep over, having agreed to fire them.

Bajans! Know your history! There is a reason why Bussa is a National Hero! Why Clement Payne is a National Here! There is a reason why people like Nanny Greg are in our history books: do not dishonour or respect the memory and legacy of your ancestors!

Bajans! Know your history! There is a reason why Bussa is a National Hero! Why Clement Payne is a National Here! There is a reason why people like Nanny Greg are in our history books: do not dishonour or respect the memory and legacy of your ancestors!

How can an entire country sit on its hands and allow an incompetent Government; a bunch of people who seem to be making-it-up as they go; people who after six (6) years still have their training wheels on – to cause all this unprecedented level of “barbaric butchery,” pain, dislocation and unjustified human suffering; to create such an economic cess-pool and unnecessary mess. I mean – even! Even at a time when Nelson Mandela was in the news? Nelson Mandela of all people! The symbol of symbols for black people and those who oppose oppression everywhere! And yet! Barbadians, the unions, civil society organizations, the private sector and people who love this country – all sit on their hands and watch, as an unproductive; incompetent DLP Government -punishes thousands of innocent people it recently gave a solemn oath to – by literally firing them – when it is the DLP that should be fired for its cold betrayal, deceit and lies: lies that the country is “stable,” which would have been a factor of the electorate’s trust but a weapon of mass destruction in the DLP’s betrayal.

You know: “Alice” got bored listening to her sister tell her about the history of the world. Instead, her bright idea was to chase a rabbit wearing a white waist-coat, which passed her saying it was late for an appointment - down a rabbit hole! Stupidity is not an asset, neither is it a flattering commodity to display publicly in Barbados or anywhere.

Long before February 2013, it was clear that ‘the DLP is bad for this country and that is was and remains the crisis Barbados faces.’ Even people who have never even passed near a Primary School or no school at-all – could not have imagined that given all of what had happened (some outlined above) despite all of the warnings – that the DLP could still have won the last election! But it did!

Audio, photos & video provided by BajanReporter.com but major portions of the Editorial were offered by Henderson Bovell as a Letter To The Editor

Audio, photos & video provided by BajanReporter.com but major portions of the Editorial were offered by Henderson Bovell as a Letter To The Editor

Nobody is saying that the electorate is “stupid!” But that the DLP cannot be trusted. The danger of trusting the DLP was known as far back as the late 1980′s and long before the 2008 general election, when it again promised (on that occasion) to do a number of things within the first 90 and 100-days if elected, despite having argued all along – that the economy was in crisis and that the debt was too high.

Still, the DLP has long held the view that ‘anybody can be bought, once the price is right!’ But it was and remains foreseeable that an incompetent man, who gives you $500 (whatever the reason) will still be incompetent long after you have spent that money – even if you were not living in Barbados, where the-cost-of-living is high!

There is only one way, that such a critical fact would have escape anybody or why anybody would be lured by a moment of pleasure but fail to see the accompanying five years of pain and oppression. But this is Barbados, and if the DLP calls elections tomorrow, it would not surprise some - if it won all 30 seats – even though there being absolutely no justification for it to win even one, especially since the DLP has now become the single biggest threat to the stability of the Barbados dollar.

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