National Perspective October 4, 2009

Page 1

See story on page 7

Sunday, October 4, 2009

58th Edition Vol. 2 - Week 6

BARROW DESTROYING OUR ECONOMY Keeping foreign Investors at bay, and diminishing investment climate

It is becoming obvious that Prime Minister Dean Barrow’s rash -move to expropriate Belize’s largest private telecommunications provider is diminishing the once active investment climate, as it wipes out the investor confidence preventing any sane foreign investor or multi-national wanting from coming to Belize. In just twenty short months, upon taking the reins of government, the UDP has reduced the once Belize’s once

buoyant and thriving economy to rubble, shamelessly existing as a beggar government depending on the financial assistance of friendly governments to barely stay functional. Since that day when PM Barrow secretly introduced that damning piece of legislation to nationalize BTL, everything has been deteriorating chronically, including his health to the point that there is not a viable sense

Mortgaged Belize City CoMMerCial Centre

...Soon to be Scotia Bank Commercial Centre

PAT ANDREWS As we look at the grim reality confronting the Belize City Council and it’s UDP Mayor Zenaida Moya today, regarding the gross financial irregularities among the other woe’s, we can only imagine to what level of incompetence the city government has reached and

whose going to pay for it. We all know that they are hardly getting by, functioning on a daily handto-mouth basis breaching standard regulations and procedures using the irregular but unique financial method of underdepositing to stay af loat and avoid outright bankruptcy. It is crystal clear that the City has huge financial problems, even though they themselves as candidates going into the elections, assured the City residents that they could have given Belize City a face lift, provide the essential services of garbage collection, repairing and paving of city streets as well as the unclogContinued on page 3

of direction towards a planned recuperation from this economic tail spin that he created. To justify his takeover of BTL, he told the Belizean people that it was necessary and in their best interest, adding that the people will be the true beneficiaries of the nationalization. In his quest to hoodwink the people, he promised further competitive and reduced rates with the access such as VOIP among other technological advances BTL offers,

but no sooner was the hostile take-over of Belize Telemedia consummated, Barrow in his usual deceptive style changed the talk. He immediately used the other side of his cheek to tell Belizeans not to expect any further reductions, since there was already the newly introduced per-second billing among other factors that will make it impossible to consider anything further. Barrow is now losing beauty sleep and is stressed out because his personal as well as his public life is fast becoming a nightmare. He is really having a very hard time finding Strategic Belizeans to pool their financial resources to put up the large sum of money necessary to pay for Barrow’s arrogance, the price-tag he will have to pay up as a consequence for his devious obsession regarding Telemedia’s take-over. And worst, there is no strategic foreign investor looking in from the outside to take advantage of this offer. Investors, who would be enticed under normal circumstances, are cautiously reluctant to pump that kind of money after learning facts surrounding the take-over by a seemingly deceitful,

Continued on page 3

“SHaMeFUl, diSgraCeFUl goVt” MOYa BaSHES BarrOW!!!

MOYA ZENAIDA

The Long awaited charges have been brought against Mayor Zenaida Moya. But the charges have little if anything to do with the missing thousand of dollars from the Belize city Council. As told by Moya attorney Hubert Elrington the Charges are “a sham, they are an invention…existing from “massive shameful, disgraceful government”. He said that Prime Minister Barrow was “evil” and had “destroyed the dream of Philip Goldson”. “Borrow” as Elrington unique pronounciation, Barrow had “no respect for the little man”. In seeking to use Zenaida Moya as a scapegoat as he is haunted by mounting corruption in his government Prime minister Barrow has seen the Moya matter blow up in

Continued on page 13


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.