Submitted by Douglas
Saw on a recent BBC programme that President François Hollande is catching his ‘royal’ in France, after promising the French people the moon and the stars when he was in opposition. Italy is also in trouble; […]Cameron just introduced more austerity measures and further slashed social services in Britain immediately after re-election in May (of course, he promised “better days ahead” during the election campaign);
and poor Alexis Tsipras in Greece doesn’t know his head from his foot. Remember that guy? He promised improved conditions if elected. Well, well !!! His deadline to agree to more hell is TODAY! And, he will agree, despite the outcome of Sunday’s referendum – that was a smokescreen. He knew all along he had to bite the bullet and tighten the economic screws. He was just putting off the inevitable.
In recent weeks, stocks in China have tumbled by a whopping 30% and that economy, which was doing so well, has picked up a speed-wobble. Angela Merkel has warned the rest of the EU to tighten their belts as the German economy that was once peeking and a beacon in Europe is now levelling off.
I just saw a discussion on the Canadian Broadcasting Corporation (CBC) and Canada is drifting towards recession. The Sunday Sun ran the attached story on July 05, 2015.
All of these developed countries with vast resources are in trouble. Little Barbados is trying to keep its head above water in the midst of a global economic tidal wave; yet, some jokers around here are giving the DLP government hell. Using the trade unions to aid in their attempt to topple this government, after all the other disruptive, unpatriotic tactics failed. Remember rubbing shoulders, walk-outs from and boycotts of Parliament, town hall assemblies, the marches – ALL FAILED. Now, they have infiltrated the trade union movement and are using them.
Next door in St. Lucia, unemployment is 26.7%. Tell Dr. Tennyson Joseph at Cave Hill that. By the way, he contested elections there and was rejected; but, every week he is writing a lot of crap in the Nation. He and his hell-raiser friends want this government to turn water into wine. We aren’t magicians.
I wonder who is going to pay the striking sanitation workers. No Work, No Pay, must be government’s answer. Let the people who called them out on strike pay them from their strike fund. My little knowledge of the local unions tell me that will happen when hell freezes over