Not A Word About A Billion Dollars In Government Project Overruns!
Can you hear the train coming folks? The government is trying to keep us from noticing until the election is over, but the express train called “Pay The Piper” has been barreling down the tracks for some time now towards a car called “Barbados” that is stuck at the crossing.
Billions of tax dollars wasted in overruns, bribes and failed projects due to government mismanagement and corruption – with the burden going on the backs of Bajan taxpayers.
Now times are getting bad and there is nothing in the kitty to get us through a lean period. Who’s to blame?
Do the fat rich bastards in charge of the banks mention the outlandish government spending and corruption?
Forget about Christmas, little people. Never mind those parties! Just work yourself to death to support the massive debt that the BLP Government has incurred for you and your children and your grandchildren.
Like our Mercedes-driving, corrupt Public Works Minister Gline “I own two homes, one for me and one for the girlfriend” Clarke said back in November… food is “not that expensive” in Barbados, so cut back on the children’s milk and you’ll do fine! (Mercedes-Driving Corrupt Public Works Minister Chides Barbadians To “Watch Your Spending!”)
Excerpts from The Nation News…
BARBADIANS might have to cut back on partying and entertainment.
Executive member of the Barbados Bankers’ Association (BBA) and head of Bank of Nova Scotia, Stephen Cozier, warned Barbadians yesterday to make changes to their spending patterns and not to look to Government to continue subsidising food and oil prices.
The banker said rising food and energy prices represented a challenge to countries around the world and Barbadians might have to cut back on extras such as parties and entertainment.
Cozier said that as a largely importing country there was little the island could do to offset rising prices…
… Managing director of Barbados National Bank, Robert Le Hunte, cautioned that if the country wanted to maintain its present standard of living, its citizens had to adjust to the current situation, while the social partnership had to be more active.
Meanwhile, BBA president and managing director of FirstCaribbean International, Oliver Jordan, identified liberalisation of the exchange controls, the falling value of the United States dollar and the possibility of a recession in the American economy as major challenges in 2008.
Also attending yesterday’s session were Rey Royer, head of Royal Bank of Canada, John Beale, president of RBTT, and Ezlon Griffith of Butterfield Bank.
… read the full article at The Nation News (link here)