Heads must roll – Clarke

Opposition Member of Parliament for St George North Gline Clarke is calling for heads to roll in the Democratic Labour Party (DLP) administration for the island’s “fall” from financial grace.

He charged that the country was in its current financial mess because Government had engaged in terrible policies and economic practices that had made it difficult for Barbadians to spend in order to help grow the economy.

“The moment you have a downgrade everybody starts looking at your GDP [gross domestic product]. Therefore 19 downgrades is not good. We have to be able to pull this country up and therefore whatever measures that we can introduce we have to work together to ensure that this country gets back up,” Clarke said, while pointing to a recent article in the Jamaica Observer newspaper headlined, Barbados – A classic case of a fallen angel.

Highlighting Barbados’ economic plight, the article pointed to the country’s previous standing as “a rated entity which once carried a high credit rating and displayed exceptional performance, but has since experienced sustained declines in ratings, culminating in the loss of its investment grade status”.

Likening the running of the economy to that of a business, Clarke said had it been a company that had suffered this many downgrades and high debt, an explanation would have to be given and someone would have been fired.

“We are saying this is a $4 billion economy. You cannot have your debt, which is about $10 billion now for a small economy, and nothing has happened to the management. The management has to sit down and analyze for the shareholders. We are the shareholders of this country. We are the policyholders. We want to know why is it that in eight years this Government has caused an angel to fall. An angel has fallen, but nobody got hurt in this whole exercise.

“It is not good. I do not feel good that we have fallen, but we have fallen,” said Clarke, who was speaking in Parliament today during debate on the 2017/2018 Estimates of Revenue and Expenditure.

10 Responses to Heads must roll – Clarke

  1. chris hill March 16, 2017 at 6:37 am

    Mr. Clarke is entirely correct if this were a company in the private sector it would have failed and been made insolvent long time ago. CEO would have fallen upon the proverbial sword long ago. So where does this leave an incoming party the corrective methods will borderline the radical and drastic.

    Reply
  2. Eglon Sealyl March 16, 2017 at 9:35 am

    It is very easy for everyone to critique the present situation that
    The Country finds itself.
    However it did not get it in the situation unassisted both government played a part in not providing strong economic leadership and even today I have not heard anything as far as a plan to assist the Country and people of Barbados
    Stop the blame and come up with good suggestions.

    Reply
    • hcalndre March 16, 2017 at 12:13 pm

      @Eglon Sealyl, you are speaking like you now get off the bus, now get to town or like the man that came late, where were you when the PM said that he don`t want no help from anyone because his crew is quite qualified to do the job and ignored all the suggestions that was offer to him by the very opposition.

      Reply
  3. Helicopter(8P) March 16, 2017 at 10:09 am

    Responsibility as loyal citizens and nationals should have been taken more than 36 months ago buy holding the minister of finance directly face to face on economic policy. In Barbados no man is above reproof, and is only placed in political position by the registered voters of the fair land. When one thinks that there is no beneficial knowledge to be gain from the ordinary citizens then there is a stray from democracy. The Ministry of Finance and the Ministry of National Security are interrelated entities. These two ministries should have placed more effort in sustaining stable financial practices, and sound economic policy.

    Reply
  4. jrsmith March 16, 2017 at 10:25 am

    You politicians are all jokers , to hell ,the present and past governments has been failing our people for the past 4 decades thats why we are where we are, where were you (Sir ) sleeping …

    Bajans must wake up open they eyes see the challenges, seize the chance to cast a proper vote which means something for barbados , who is the party the same people who has done nothing for the people .
    ………………………………………………………………………….
    My real concern is to make sure , bajans never have to suffer the fate of securing peoples jobs for political parties , safe guarding them ,whether they have failed or not………………………..
    I am p.,,ed of how politicians just keeps doing our people , doing our people in any manner they choose…………………………..
    The change I want to see is that our present generation dont allow this situation to be passed on to the next generation…
    …………………………………………………………………………..
    I am not claiming to know much about bajan politics , but their are certain people who would put me right , which I want to hear from…………………………………………
    I want to see if the parties in Barbados have anything in their constitutions , which give the constituency the right to cast a vote of no confidence in him/her the politician if they are not performing on behalf of the voters and removing them from office.
    We cannot keep allowing them to get away ………

    Reply
  5. hcalndre March 16, 2017 at 12:45 pm

    jrsmith, Barbadian politicians and the justice system are two of the main reasons why things are what they are because there is no recourse whatsoever to bring the people that are selected and elected to face the consequences of their deeds. As the PM said that they were given 5 years and there`s nothing could remove them other than an election. The judges are selected for life when in some cases they too should be elected and not selected by affiliation. Somethings that an elected minister say and do in office, their own party members would have ask them to step down but never in barbados.

    Reply
  6. jennifer March 16, 2017 at 1:09 pm

    @jrsmith – PROPER VOTE, OH DEAR THAT LOOKING BLEAK. What was the state of the economy when the blp was ousted? A lot of heads should have to roll B, D, and R. Mind you the 1% barking when their bowl appear to getting take way or gine low.

    Reply
  7. Rickie Nurse March 16, 2017 at 6:25 pm

    Come people, stop trying to appear as bipartisan and call a spade a spade. This nonsense of both parties being responsible for this current state of affairs is pure bull and a cop from stating what is a proven fact that this administration has failed miserably. When the Opposition was removed from office in 2008, there was a record of two billion dollars in foreign reserves or there about, but by the following year David Thompson was saying that the country was in debt, tell me where did that money disappear to and show me a record of how it was spent. For some of you to now say that the BLP is partly responsible for this administration’s mess ups is complete madness. This current Prime Minister is on record for saying that he does not need any advice from anyone, he has a capable team to fulfil the mandate of the people and he certainly do need to take any advice from a man who gets his from a rum bottle, referring to former Prime Minister Owen Arthur. This is the same Owen Arthur that he is now trying to court and seduce to come to their aid now. Every learnt and qualified economist in this country have sought to get this administration to change their course of managing this ship, but they have deliberately chosen to ignore the pleas and calls to change direction because their home grown policies are failing and counter productive for our country. We have an ostrich Prime Minister who is yet to take his head out of the sand and face the reality of his stupidity, even within the very ranks of the government you have some who are speaking against the management, but for the sake of being one of the boys they are not distancing themselves from the failed policies. The rating agencies who by their very influence has the capability to make trading for us extremely labourious on the international market has spoken, our local Chamber of Commerce and the business sector have also spoken and made suggestions for a way forward for the country, yet with the eleventh hour fast approaching they are doing nothing but casting smoke screens and mirrors to take the attention of what is eminent. This administration has absolutely no one to blame for our predicament but themselves. Now they challenging others who are not parliamentarians and the Opposition to give them ideas as to solutions to help get out of this debacle. So please lay the blame where it is rightfully reserved for and not now seek to share it with others.

    Reply
  8. Loretta Griffith March 17, 2017 at 12:18 am

    Is this the same Mr Clarke who presided over a ministry when $3m was paid out according to the Auditor General’s report and not one cent in goods/service could be accounted for? This is the kind of hypocrisy I frown at. Seems like the pot calling the kettle black.
    My view is, all of them who have caused this country to be in the mess it’s in, should be locked up whether they be B, C or D. They appear all culpable where this mess is concerned.
    If and when the government change I hope to never hear or read in my lifetime the Auditor general writing about any alleged infelicities. It is time to get persons to represent us who are interested in country and not get rich schemes.
    Seems like everyone wants to be a politician all of a sudden. What we s the catch?

    Reply
  9. Sunshine Sunny Shine March 17, 2017 at 1:58 am

    Gline Clarke is not in a position to call for heads to roll in anything. All like now his head should be rolling for the part he played in particular land dispute and construction of a wall bungalow of questionable financial undertakings. He is not darn integrity. He is just like that other Payne in the azz. They all are figments of a system design to keep them well in the money. Wicked deceitful people.

    Reply

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