Daily Archives: February 7, 2012

Muslim supremacists take down Maldives government – Great news for Barbados tourism!

Democracy and Western Tourism ending in The Maldives

President Mohamed Nasheed resigns, announces Maldives “unable to maintain peace and security.”

The President of The Maldives was forced to resign today (February 7, 2012) as the Islamist vision for the country triumphed. The police force sided with Islamic hardliners and rebelled against the first democratically elected government in decades. (CNN: Maldives president resigns after police revolt)

President Nasheed had faced strong criticism in recent months from opposition groups calling for Islam to play a greater role in the running of the country.

In January hundreds of rioters in the capital city of Male said that the Maldives government was under the influence of “Jews” and “Christian priests” to weaken Islam in the country. Last December the government shut hundreds of resort spas as “Un-Islamic”, but that wasn’t enough for the hardliners who said that booze and “lustful music” were the next targets.

All this despite that The Maldives relies almost exclusively upon tourism as the engine of its otherwise barren economy. Sure…take away spas, beer, pork, bikini and offer to renew tourists’ wedding vows with ceremonies that insult them… That sounds like a real plan for tourism success in The Maldives!

But as we pointed out in previous stories, this is good news for Barbados. The Maldives, a group of over 1,100 tiny coral islands, is often compared with Barbados as a vacation and retirement destination. Although far-removed from each other geographically, both countries compete for the same United Kingdom and European travelers.

We think that the choice just became clear for British and European tourists:

Barbados or The Maldives? Let me think about it…

Barbados: Friendly people, great beaches, wonderful food, the best rum in the world and we don’t flog unmarried women for having sex or imprison Christians for possessing a bible.

Honey… forget about the Islamic paradise of The Maldives… book two weeks of party, sun, rum and sex in Barbados – and don’t forget we want to see the changing of the sentries at The Garrison and do some coastal fishing with Shaun Sandiford.

Advertisements

14 Comments

Filed under Barbados, Barbados Tourism, Religion

Barbados Labour Party and abortions front man… Now there’s a combination!

“It was nice to see Raquel Gilkes behaving professionally for a change instead of cussing opposing views as she does on Barbados Underground or Facebook, but the next time they use George Griffith as a Results Announcer? Make sure he has his contacts in, way too many goofs!”

Ian Bourne will only tackle half the story, but he lets fly anyway in the Bajan Reporter story Barbados Labour Party told to Heal yet no Surgery nor Prescription Offered

Fabulous Further Reading…

So once again we ask… now that it has been proven that Planned Parenthood accepts donations to be used only to abort black race babies, will George Griffith and the Barbados Family Planning Association…

1/ Refute the Planned Parenthood award.

2/ Give back the US$25,000 cash donation and any other monies received from Planned Parenthood.

3/ Publicly sever ties with this racist group.

… from the BFP post Planned Parenthood Accepting Donations From Racist Whites For The Purpose Of Aborting Only Black Babies

Barbados Labour Party Candidate Celebrates His Organisation’s Win “Outstanding Achievement In Abortion”

Barbados Family Planning Association Provided Abortion To 12-Year-Old Girl – Parents Not Told

(Photo courtesy of Bajan Reporter – cartooned by BFP’s Shona.)

21 Comments

Filed under Abortion, Barbados, Politics

Canadian & US authorities targeting offshore banking again

HSBC, PayPal, American Express latest accused

Barbados again called ‘tax haven’

by passin thru

Concern about the use of offshore banking in the Caribbean and other areas ebbs and flows like the tide depending upon the moods of government, notable incidents that bring the public’s attention and most of all, the state of the economy. When the economy is bad, governments and others look longingly for the hidden tax revenues and ill-gotten profits stashed offshore.

“It is apparent that the golden time of offshore banking is ending for Barbados. The question for Bajans is… what do we have to replace banking in our foreign currency earnings…?”

"Offshore banking nightmare"

In case you hadn’t noticed, the economy is bad in Canada, the USA and elsewhere. There have been some very noteworthy tax evasion cases and banking busts lately and it’s about to rain gasoline on the fire with the latest revelations about HSBC Bank. John Cruz, an employee of HSBC, has gone rogue (or gone legal) with data for thousands of HSBC bank accounts and corporations he says are used for money laundering with HSBC’s knowledge. PayPal and American Express are also fingered by the same HSBC employee for being wilfully blind or worse.

In case you’re wondering, Mr. Cruz brings a new HSBC scandal – different from when Herve Falciani (head of computer security at HSBC) went public with the detailed data of 80,000 foreign clients of HSBC’s Private Bank in Geneva, Switzerland.

With the HSBC news breaking out of Washington and New York, the new issue of Canadian Lawyer magazine calls Barbados a “Tax Haven” and talks about money laundering in the Caribbean…

“The Canada Revenue Agency refuses to divulge estimates of monies lost due to Canadian tax cheaters hiding cash offshore, but evidence suggests it’s a vast sum…”

“Canada Steamship Lines Inc., the family business of former prime minister (and lawyer) Paul Martin, has an international division registered in the Caribbean tax shelter of Barbados. The Barbadian corporation is owned by a holding company in Bermuda, another offshore haven. This complicated setup allows Canada Steamship Lines to escape paying millions in Canadian taxes.”

Canadian Lawyer: The offshore banking nightmare

Barbados makes substantial profits from offshore banking and enjoys the benefits of having thousands of tourists arriving every year for “board meetings” of their fully legal Barbados-based corporations. Common sense says there must be some criminal funds and tax evasion taking place, but we also know that our banking industry can’t be seen to be difficult or unreasonable to deal with because there are dozens of other offshore banking jurisdictions within an hour or two via business jet or airline.

Barbados is being squeezed between seeking to please the USA, Canada and the EU – and the reality that our offshore banking clients can move with the push of a few buttons of a keyboard.

Whatever the outcome of the latest HSBC scandal or anti-tax ‘haven’ moves by the US and Canadian governments, it is apparent that the golden time of offshore banking is ending for Barbados. The question for Bajans is… what do we have to replace banking in our foreign currency earnings as our offshore banking business continues to come under pressure?

3 Comments

Filed under Barbados, Business & Banking, Crime & Law, Offshore Investments