Shut up and drive

Opposition Leader criticizes PM for response to downgrades

She has been calling on Prime Minister Freundel Stuart to speak up on national issues.

But after hearing his response to the two latest economic downgrades suffered under his watch, Opposition Leader Mia Mottley wants nothing more than for the Prime Minister to simply shut up and drive.

Mottley said as much in a statement Thursday in which she seemed completely dumbfounded by Stuart’s reaction to the Moody’s and Standard & Poor’s downgrades.

“I never thought that I would have to come to the country to ask Prime Minister Freundel Stuart to stop speaking, but of late his public utterances are even more offensive than his customary silence of indifference,” Mottley said in a statement issued Thursday afternoon in which she said Stuart’s “reprehensible” response was more upsetting to her than the downgrades themselves.

“This is not the first time that a Prime Minister has presided over a downgrade of our credit rating, but it is the first time that we are afflicted with a leader who does not understand the gravity of the problem,” the Opposition Leader said.

“The Prime Minister has demonstrated a total ignorance of the subject matter. Indeed, his response places Barbadians at risk of being viewed internationally as either economically illiterate at best, or at worse as contemptuous and arrogant,” she added.

In an apparent dismissal of the ratings agencies, the Prime Minister Wednesday warned that Barbados had long passed the days when it needed external validation from “metropolitan capitals”.

And while likening the grading of an economy to the marking of an examination, he also made it clear that he was not about to let anyone from outside — let alone any external marker — “shame” Barbados into thinking it had failed.

To do that, he said, would belie the country’s proud boast of 50 years of Independence and take it back to a day when approval was needed from outside.

“The Prime Minister is saying that to take credit ratings seriously is to question our independence.  What Prime Minister Stuart does not see, but what the average Barbadian who pay bills understands, is that if you run your affairs so badly that you are dependent on the people lending to you, then you do lose your independence.

“If you want to be independent, you need to run your affairs so that you are not dependent on anybody else,” Mottley said.

“The sad fact is that when Government runs its affairs so that it is forced to beg on special terms with Swiss banks like Credit Suisse; or is forced to beg Sandals to come to Barbados on whatever terms Sandals wants; or forced to fog off this country’s state assets – it is this Government, this Prime Minister, that is stripping Barbados of our independence,” she added.

She also charged that Stuart has done more damage than any other Prime Minister in the 50 years of an independent Barbados, while warning that the “ignorance” could affect borrowing by Barbadian companies, and their decision to have their headquarters here.

“We saw this lead to the re-domiciling of our oldest company, Sagicor, previously Barbados Mutual, to Bermuda,” she said, while urging Barbadians to come out and join her Opposition Barbados Labour Party in Jubilee Gardens on Saturday for its march of disgust.

13 Responses to Shut up and drive

  1. Jasmine March 10, 2017 at 6:25 am

    No!
    More like pull over!
    STOP THIS. VEHICLE. NOW!!!
    Step out and I”LLL DRIVE!!!!

    Thank you very much !!!!

    Reply
  2. Maureen Fields March 10, 2017 at 7:06 am

    Regression, “yard boy” etc. are all the doings of this government.

    Reply
  3. Walmark John F March 10, 2017 at 9:28 am

    Looking more and more like a “BANANA ” republic… S&P and Moody’s are world class raters . I can’t believe B’dos is trying to become a republic….
    shame on the politicians that ignore the world .

    Reply
  4. Peter March 10, 2017 at 10:05 am

    Well said John. Good to see you’re still keepinG in touch. I’m travelling soon. will be off island for 15 weeks but hopefully will be in touch with BT from my local e/mail address. I do have some family friends in town from Toronto. Do keep in touch. I’m doing some business and will take some time to join my brother for a cruise. I will mail you directly with details.

    Reply
  5. seagul March 10, 2017 at 11:15 am

    The sad fact is that when Government runs its affairs so that it is forced to beg on special terms with Swiss banks like Credit Suisse; or is forced to beg Sandals to come to Barbados on whatever terms Sandals wants; pause– We’ve built the Hotels, cabins and schools, and have given our toil and blood. Now they seek to strip us of our dignified humanity. The economy of the islands with the cost of living is getting higher and higher—the price of fuel, gas food. The educational system. This reality as it is only leads to violence and, the Caribbean’s standard of living generally would always get worst. In all my 27 odd years in Switzerland we’ve never begged from the Swiss. There’s a lot of people to be condemned…

    Reply
  6. Nathaniel Samuels March 10, 2017 at 12:10 pm

    Even I, not an economist, have an idea of what these downgrades can do and have done to Barbados. Its reputation regionally and internationally is now being discussed in a derogatory manner yet our prime minister does not think these downgrades are anything to shout about and he wants us to stay in a Barbados cocoon. No mr. prime minister, we want to be part of the international community where we have made our mark before; we cannot be allowed to wither on the vine because of your stupid, inane utterings. Inaction by you has made us the laughing stock of the world. Please take your leave immediately.

    Reply
  7. sam clarke March 10, 2017 at 2:12 pm

    PLEASE MADAME MIA,
    HE DOES NOT KNOW HOW TO DRIVE. I AM SORRY, BUT YOU ARE GIVING HIM TOO MUCH CREDIT.
    LORD HAVE MERCY.

    Reply
  8. jus me March 10, 2017 at 3:00 pm

    One more Pariah trying to get into the Carcase of Barbados.
    Hyenas fighting over a cadaver.

    Reply
  9. john Q March 10, 2017 at 5:16 pm

    When is he leaving …………

    Reply
  10. Troy March 10, 2017 at 5:26 pm

    I’m not sure if a brain transplant is what our PM needs….maybe a common sense transplant. How de France he get leading this country. But yuh know what …he ain’t put he self dey. This is reaping time for our country ….the proverbial seeds were sown two elections ago. “Dems now….Dems again ” was the cry back then. So let us enjoy the humble pie.

    Reply
  11. Sunshine Sunny Shine March 10, 2017 at 6:14 pm

    The Prime Minister believes that he speaks it is the gospel of Stuart. If it was possible for him to step out of his ego and see how foolish he really is he would get a real wake up call. This man redefines the meaning of too intelligent to see how dumb.

    Reply
  12. Erin Harewood March 10, 2017 at 8:34 pm

    Ah does cry and hol’ me belly
    When I see wah happen in my country
    Faddah please sen’ somebody
    To delivah we from dis torment and misery

    Reply
  13. Mack March 10, 2017 at 11:22 pm

    Mia!! The PM is a Lawyer, no an econamist. What you expect him to do??? He is doing the best he can. When a man has done his best even Angels can’t do better. Leave him alone Please.

    Reply

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