Daily Archives: February 6, 2012

Unscrupulous political affairs

PUP 1989 to 1993 and from 1998 to 2008. UDP 1983, 1998 and 2008 – now. How do you define corruption? Corruption is operationally defined as the abuse of entrusted power for private gain. Corruption and “against the rule” corruption Facilitation payments, where a bribe is paid to receive preferential treatment for something that the bribe receiver is required to do by law, constitute the former. The latter, on the other hand, is a bribe paid to obtain services the bribe receiver is prohibited from providing. What is “transparency”? “Transparency” can be defined as a principle that allows those affected […]

Moody's: Belize PM Suggestion Of Changes To Bond Payments Is Credit Negative 2

SINGAPORE (Dow Jones)–Remarks last week by Belize Prime Minister Dean Barrow that his administration would seek “clear instructions” from the electorate “to do something about the superbond” are credit negative and raise concerns about another debt restructuring, Moody’s Investors Service said … All I will say about this is: Our Politicians Know What’s Going On … Like Rats Leaving A Sinking Ship. Dean Oliver Barrow is no fool. He knows what’s coming. He knows what has been in store for Belize for several years and he wants no more of it. But who can blame him, he already got his […]

Another one bites the dust 1

What is happening to the New PUP?  Is there something going on in the shadows that the people need to know but never will? The high ranking officers are abandoning ship like rats off a sinking ship of sorts… Mark Espat and committee calls it quit PRESS RELEASE The Hon. Mark Espat has notified the PUP Albert Executive Committee that he will not offer himself as a candidate in the upcoming General Elections. Our Committee is aware of the circumstances leading to his decision. While we wished for Mark to continue in public service, we understand and fully support this […]