Category Archives: Economy

Barbados mother says “I’ll breed ‘em. YOU feed ‘em!”

BFP:

“Government is shortly to ask Parliament for a supplementary, around $100 000, to ease the distress of mothers who trek daily to the courts for child maintenance only to be disappointed because a special account was overdrawn.

The move comes against the backdrop of angry cries by frustrated women earlier this month that some had not received the child support for September, while others claimed they had not received any payments since July. Some called for a return to the cash payment system instead of the current cheque mechanism.”

… October 30, 2014 Nation News Child Money

Barbados makes single motherhood a viable career choice and then we wonder why we have so many young women, girls really, popping ‘em out like Marcia does grill fish, peas & rice, and beer at Oistins.

Half the time it’s a guess to name the father… make that fathers. Plural.

This free ride, this “guvment look after everyting” is coming to an end, as it must.

The cupboard is bare, and as BFP’s Shona said back in 2006

“Government child maintenance payments empowers young uneducated women to perpetuate further generations of young unwed mothers and young men who lack the steady hand of a father.

The current trend towards making unwed motherhood a societally sponsored career choice marginalizes the role of fathers and men in general – and can do no long-term good.”

Originally posted on Barbados Free Press:

Story #1,243 in a continuing Nation Cultural Series…

by BFP reader Passin thru

Jacqueline Blunt is 40 years old and has five children (by how many different men we’re not told). She’s long-term unemployed and lives with her mother; who has served notice on Miss Blunt that she and her five children are out on the street as of Tuesday.

According to the newspaper article, Mother of 5 needs house Miss Blunt contributes nothing to household expenses and keeps such hours and personal habits that her long-suffering mother sought to impose an 8pm curfew on the 40 year old. That really says it all when an unemployed and unemployable mother can’t be bothered to tuck her children in each night. It’s not as if she’s out working or looking for work – she’s partying.

Miss Blunt is featured in The Nation newspaper looking for her next meal ticket. She doesn’t…

View original 285 more words

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Filed under Barbados, Culture & Race Issues, Disaster, Economy

How many Harlequin companies did Dave Ames register in Barbados?

Harlequin Resort

Why so many Harlequin companies?

It happened like this… we were sitting around last Friday discussing how David Ames and his Ponzi partners have more companies than anybody knows about. Marketing done by this company, land held by that company, building done by another company supplied by another company delivering materials.

It all collapsed and left eyesores and abandoned building sites that are a blight upon Barbados and other nations.

And then somebody asked if anyone had run the word “Harlequin” at the Barbados Corporate Affairs and Intellectual Property Office.

Everybody looked at each other with that “aren’t we a bunch of idiots?” look. Nope, nobody had done it.

So we fired up the computer, logged into Anonymouse.org to cover our asses, and did the deed.

Here they are, folks… All the Barbados-registered companies with the word “Harlequin” in their name…

HARLEQUINS
POLLY HARLEQUIN PRODUCTIONS
HARLEQUIN DEVELOPMENTS
HARLEQUIN (BARBADOS) PROPERTY MANAGEMENT LIMITED
HARLEQUIN BOUTIQUE HOTEL LIMITED
HARLEQUIN (BARBADOS) PROPERTY LIMITED
HARLEQUIN LUXURY HOTEL LIMITED
HARLEQUIN BOUTIQUE HOTEL MANAGEMENT LIMITED
HARLEQUIN LUXURY HOTEL MANAGEMENT LIMITED
HARLEQUIN PROPERTY (SVG) LIMITED

Truly, the government looked the other way on all of this. How many of these companies filed proper reports? You know how it is here on this rock… a political donation takes care of having to worry about filing the paperwork for companies. No worries about annual reports if you make a big donation to the ruling party.

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Filed under Barbados, Corruption, Crime & Law, Economy, Offshore Investments, Political Corruption, Politics & Corruption

Barbados raids national pension fund to provide severance pay to dismissed Transport Board workers.

Leroy Parris and good friend Finance Minister Chris Sinckler share champagne

Leroy Parris and good friend Finance Minister Chris Sinckler (left) share champagne

Robbing the future? Kiss your pension goodbye?

Robbing Peter to pay Paul? Juggling accounts because there’s precious little left in the treasury? All of the above?

The headline pretty well says it all – we’re broke!

Dismissed Transport Board workers are getting every cent of their long overdue severance pay, thanks to Minister of Finance Chris Sinckler.

Very reliable sources have revealed that the cash-strapped statutory corporation that provides islandwide public transport services had, through the Ministry of Transport and Works (MTW), sought the assistance of the National Insurance Scheme (NIS) to meet its obligations to retrenched workers.

… read the full story in The Nation Pay Day at Last

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Filed under Barbados, Economy

Barbados Government borrows $35 million to repay previous $35 million loan

Barbados payday loan

Like a drunk going back to buy another bottle

by Rainmaker

Let me try to figure this out. It might take time because even though I went to univercity of de West Indys on guvment money, I’m not the sharpest pencil in the box, I know. Them univercity teashurs let me in to be fair and inclusive and I didn’t have to pay a dollar. Different now though because for some reason the guvment ran outta money for univercity. They should just borrow more and pay it off with other money they borrow.

Also I don’t know too much about guvment financing or stuff like that. I got fired before from Uncle’s store becuase I couldn’t make no good change for peoples. He said for every hour I worked for him on cash it cost him twenty dollars in misteaks.

Wuhloss! I was just doing the best I could but it weren’t no good. Uncle said I shoulda been a politician cause my mathematical skill set and handling of cash was just about like a politician.

I doan know ’bout that buy I know the guvment ministers know alot more about finanshul stuff than I do. So I’m gonna use science-tiffic raisoning to try to figure it.

Here goes…

The Barbados Advocate paper say “GOVERNMENT will today be seeking Parliamentary approval to borrow $35 million from the Republic Bank (Barbados) Limited.”

Okay. Got that. Now why are we borrowing all this $35 million dollars?

The paper say, “According to the Resolution, the money is being sought to repay a $35 million line of credit.”

Okay. Got that. We is borrowing this $35 million to pay off another $35 million that we borrowed before. I guess we filled up or tapped out that line of credit over time and didn’t pay any of it off. I guess we just paid the interest as we went along. I guess. Or maybe there was another loan we took out to pay the interest. The guvment probably does that so the peoples can’t marry up payments and interest charges with specific loans. Or somethin. Continue reading

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Filed under Barbados, Economy

Great expectations for Barbados as visitors from the U.K. up 8% over last year

barbados-beach-sand-surf

UK long-stay visitors up, airline fuel prices down…

This has possibilities for recovery

Adrian Loveridge - tourism expert, hotel owner

Adrian Loveridge – tourism expert, hotel owner

A quoted 8 per cent increase in long stay visitors from the UK over the same period last year is very encouraging news. As often highlighted, it’s not just about the numbers, but the fact that the average British visitor stays longer and spends more, which is an equally important factor.

But with good news, it is often accompanied by bad and in this case the fall of the value of Sterling against the US Dollar resulting in Barbados again being perceived as a higher cost destination.

What could be the saving grace is the four year low price of oil and the effects that may have when it filters through to energy prices including electricity, water, distribution and airfares.

How long Government will take to positively respond to the dramatic fall will send a very important message to the industry.

For an obviously cash-strapped administration it’s a two edge sword. Lower fuel prices means less VAT collection, but if we are able to maintain a prolonged recovery in arrival numbers then this should be largely mitigated.

re-Discover Dining programme doing well

The 24 restaurants currently participating in the re-DISCOVER dine-around programme will soon have to make the decision whether to continue the initiative through the winter. There is no doubt in my mind that our visitors and locals alike are increasingly looking for value-for-money. No one can also reasonably question that it has galvanized more people to eat out. Continue reading

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Filed under Barbados, Barbados Tourism, Economy

Typewriter salesman calls for Barbadians to save his job by giving up their computers

Barbados Travel Agent

Okay, Okay… Indar Weir isn’t really a typewriter salesman – he is the President of the Travel Agents Association of Barbados and operates the Indar Weir Travel Centre. Indar and his industry are hurting badly because Bajans are booking their flights and vacation accommodations online – by themselves – and without a travel agent between the customer and the keyboard.

Barbados travel agents are pleading with Bajans to use their services instead of booking online “to save jobs and keep money in the country.”

In my little corner of this rock, charity will have to begin at home. I am not willing to pay the extra fee for something I can do myself online, after Google searching the millions of vacation options on the internet.

As much as I feel sorry for Indar and his colleagues, the writing was on the wall ten years ago. Mr. Weir and his colleagues tried to adapt, but were pushed out by the large online travel agencies. The travel agents’ plea in the latest Nation reminds me of the Luddites – who protested against newly developed labour-replacing machinery in the first quarter of the 1800’s.

Now that the Bajan economy is in melt-down with the government continually late delivering paycheques to employees, contractors and suppliers, most folks don’t have money to travel. Thousands are taking that “stay-cation” called unemployment after being made redundant.

Booking online is cheaper, easier, faster and offers more choices than any local travel agent. Sorry, but the world changed, and I will no longer be taking the afternoon off to pick-up my tickets from the travel agency.

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Filed under Barbados, Barbados Tourism, Business & Banking, Economy

Harlequin’s H Hotel: Latest photos of an eyesore that spoils Barbados

Harlequin Barbados Disaster 39

Harlequin Barbados Disaster 500

by St George’s Dragon

As promised I went to take a few photos of the Harlequin H Hotel today.

The site has obviously suffered less than Merricks, presumably because it is in a more populated area. It looks as though it was secure until fairly recently, although when I went it was possible to walk straight in from the boardwalk side of the site as someone has ripped the site hoarding door off its hinges.

There are still a few items of plant and materials on site, although nothing of any great value.

Such a shame. So many people have lost money just to create an eyesore that spoils Barbados.

A lovely view for the tourists from the beach boardwalk!

A lovely view for the tourists from the beach and boardwalk! Click photo for larger view.

Editor’s Note: The exposed rebar is salt-drenched and rusted, with salt-laden water dripping down into the concrete. How long before no self-respecting structural engineer would approve further work? Has that time already arrived? Do we have an architects or engineers out there to comment?

More Photos… 
Continue reading

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Filed under Barbados, Barbados Tourism, Disaster, Economy, Environment, Offshore Investments