Editor’s Note: We had a little fun with Henderson Bovell in August of 2012 when we said Henderson Bovell loses memory, maybe his entire mind…, but now we have to admit that Henderson was at least half right – that the DLP government has been and is a disaster for Bajans. Where we differ with Henderson is that he still thinks that the BLP corruption experts are some sort of answer for the current financial woes.
Nevermind all that though: Henderson makes some good points in his latest piece.
Let ‘er rip, Henderson! …
Choose Bajans: Urgent Fresh Elections or an IMF/DLP Programme of austerity and suffering Even Worse Than 1991?
The downgrade by Standard and Poors is proof that, you can hijack the truth – even hold it hostage for a short time (as it is now crystal clear the DLP did before the February 2013 general elections) but “truth” will always escape and expose you, as the DLP is now finding out.
Before the February elections, Barbadians were assured by the same DLP that said that: it will not “cheat;” it will not “steal” and it will not “lie” – that the economy was “stable.” But soon after February, “truth” was able to escape and the country heard “for the first time” (despite an alleged report to the nation during the general election campaign when nothing was said) that the QEH could not pay a multi-million-dollar bill for medicines and that the Transport Board had spent $30 million it did not have and having done that – licked-out an overdraft for a further $10 million. You see part of why Barbados is in serious trouble?
Trademark fiscal recklessness like the Transport Board spending that $40 million it did not have – will hardly escape the Auditor General but it constitutes the same cost overrun the dems said will not happen – under a DLP Government? Do you see why you need to urgently reel-in the DLP and why no patriotic person in Barbados; sensible person within the Caribbean or respected institutions around the world - have confidence in the DLP; trust them or want to risk taking them seriously?
The Country was suppose to be “stable” but the Barbados economy is smaller now than in 2008! Stable, but the Foreign Reserves ‘nose-dived:’ from over $3.7 billion in 2008 to less than $1 billion by September 2013: and the free fall continues! Continue reading