Two articles one by way of a letter to the editor appearing in to-days Nation News from two “slow” learners re-visiting the pros and cons of the proposed BS&T merger need to be addressed with great urgency so as not to let Barbadians be mislead by BLP buffoons.
In large economies like North America mergers, acquisitions etc are common place and in the most part are done for the better of both Canada and the USA.
However, as we have seen within the past few days the corporate conduct of Lord Conrad Black and his entourage of crooked executives of Hollinger has been brought to their knees for tiefing big time. And only a few short years ago we had the Enron, Global Crossing, Martha Stewart and others tiefing too. But in this neck of the woods few are above the law and corporate treachery is not taken lightly.
In Barbados when Sugar failed, they were lucky that Tourism filled in quite nicely to take over the sagging economy. Tourism was the engine that drove the little industry Barbados had. Tourism is now declining for myriad reasons in Barbados and this along with a very badly managed economy by the BLP over their ten years in power has the Nation awash in debt.
These are recipes for disaster and you are now seeing once proud industries beginning to fail much like the hotels. And which are being replaced by condos and golf courses mainly owned and financed by foreign interests. Compounding this problem is the fact that the only other resource Barbados has is land and that too is being gobbled up by Foreigners.
The bottom line is and it has nothing to do with patriotism when any Nation is sold out to and owned by predominantly Foreigners they call the shots because they control what land and industry Barbadians once owned and are the monetary power brokers. When that happens Barbados loses its cultural heritage, power to determine their own destiny and lose political and economic control of their Nation. If that suits Angus Wilkie and company so be it, but most Barbadians do not feel that way. Especially the 135,000 who can’t find work or put food on the table while Foreigners rape their land.
In closing I find it also hard that anyone as knowledgeable as Angus Wilkie seems to be on mergers and takeovers could say in the letter to the editor that the CWC was a great success when all other Caribbean Nations and those of the world recognized it as one of the worse CWC failures in history.
What I found even more funny and a prime example of how irresponsible the BLP are was to see where they spent in excess of one hundred million dollars on Kensington Oval when not even knowing or caring who owned it and now want to lay claim to this property in typical BLP high handed tactics.
To Angus and DR let me leave you with these thoughts to ponder “there are none more blind than those who do not want to see”. Maybe a little more patriotism and a little less political vision through rose colored glasses are needed by you two. Angus I hope you are no family to my old buddy Gray Wilkie up in Florida because if he catches you writing the crap you do, God help you!
T.D. Allamby
1 Comment
December 15, 2007 at 7:30 am
very interesting, but I don’t agree with you
Idetrorce