February 23, 2011, Issue 6
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Wednesday, February 23, 2011 Capital Weekly Page 1 Capital Weekly From the Heart of the Nation to the Soul of the People No. 006 Wednesday, February 23, 2011 Price: $1.00 Black Friday! Superbond Swallows $33 Million More! t struck again last every time it’s time to pay, find the money to service Friday, we will have a lot to say. the voracious Super Bond. Iand just like that, it This time though, we’ll “The semi-annual swallowed another 33 leave most of the talking to payment that was due last Million. No, we’re not a man who has no political Friday was in the amount talking about a giant shark. axe to grind. He’s telling it as of 16 Million US dollars We’re talking about a super it is; and he certainly knows (33 Million Belize) ,” the bond—the Super Bond! exactly what it is, as he is Financial Secretary informed. Some want us to forget it, the Financial Secretary, who “So, double that for the year namely those who created it; has the unenviable job of 2011, and we have to pay an but we can’t, we shouldn’t assisting the Prime Minister Joseph Waight average of 32 to 33 Million and we won’t forget. And, Financial Secretary and Minister of Finance to Continued on page 6 DFC gets money from CDF PM Barrow Signs Loan Agreement for US $3 Million See Story on Page 17 Prime Minister Dean Barrow signs for Belize CEO Lorne McDonnough signs for CDF Page 2 Capital Weekly Wednesday, February 23, 2011 The Consumer Protection Joke Editorial Don’t Laugh Out Loud! The War Has Just Begun! -Contributed immune to any of the Have you ever wondered why dominated the media circle over it is that most gas stations refuse to the last few weeks. I had a friend fleshly tendencies that sell a gallon of gas in a one gallon of mine call a local butane provider inherently accompany container, or who checks the meter to his home to pick up his gas absolute power. to ensure that it is accurate and that tank. The company truck came to consumers are not being short a pint pick up the tank half an hour later, For this reason and or two? How can you tell if you are he ordered $20.00 gas. About an the aforementioned—the being sold premium gas, and not hour later the truck returned with a regular, when you purchase it at the fact that the evil forces, driver and a helper, who installed gas station, or do you do a taste test the tank and left. Traditon, right? though battered and on the gas that has been pumped Let me tell you: wrong! The fact is divided, are bound to into your car? that my friend lives in the Belama How is it that Cable Companies Phase Two, which is approximately coalesce at some point who we all know illegally pirate 3 ½ miles from where the butane and in some form around signals from US Satellites, legally provider has its office and depot, so Delroy Cuthkelvin their unholy agenda— charge you a fee in Belize for we are talking a distance of 7 miles. Chairman, Editorial Board servicing your home with a signal If you were to add in the cost of the UDP would do well that has been illegally acquired? fuel, plus the service provided, plus he political to not bask too much in Do you ever wonder how it is the payment to the two workers, tell climate in Belize that you keep buying clothing and the glorious sunshine of me if you should have $20.00 worth these days is, foot wear at those exorbitant prices in pounds of butane in the tank and T sustained political fortune, at the local stores when the whole not an ounce less, and if so, which in our view, a very tricky but rather to keep itself country knows for a fact that what one of you “Business Saints” would one. From all indications, you are purchasing are actually want to run that company? It just grounded and girded as if “seconds”, clothing and footwear the PUP is extremely does not make any business sense. the real war is just about to that did not meet the standards If one were to take a taxi-cab to and weak and irreconcilably and are sold as junk (cheap by the begin, for indeed, it might from the same address it would cost divided, while the UDP manufacturers). How is it that a minimum of $14.00. just be. you , the consumers, pay name If I were to continue listing is exceedingly strong, A key factor in the brand prices for inferior products the massive irregularities and especially in the North which are labelled as such on the whole equation is, of outright crookedness within the where the PUP Leader custom entry; and why, after all so-called ‘Business Community in course, the predatory these decades, has no one found it Belize’ which mercilessly rapes the resides and runs. British Billionaire who has news worthy. Incidentally made in pockets of consumers, we would As we noted some the US does not mean made in the be writing a book. Sorry Jules, axes abundant to grind. U.S.A. weeks ago, without a strong you’ve scored no coup. Your job Grind he will, and when he There was a time when we has only just begun. So get up boy, opposition, even the best as a country ethically banded the grinds, money pours, not grab your camera and microphone of governments will tend importation of products and goods and let’s work off some more of by the penny, but by the from countries that allowed factories those pounds. (LOL). And to all to become complacent. pound. He did it before engaged in promoting forms of you ‘angels’ involved in business That’s just human nature. ‘slave labour’ to manufacture (in 1998) and he certainly in Belize, don’t act surprise and But the UDP would do well products. dumbfounded. Do ‘the Hollywood’ would like to do it again. Have you ever wondered why and just pretend to be concerned. to doggedly resist such This time, of course, cigarettes, which are stamped for Shhhhhh! tendencies and, in time of importation into the country, like the prospects (for him and Benson & Hedges, are actually the peace, so to speak, prepare the PUP) are not nearly imitation being sold legally at your Capital Weekly for war. local shops and supermarkets, and as promising. What’s From the Heart of the Nation how it is that no one said anything? Though weak and To the Soul of the People increased substantially, Who is making a killing from divided they might be, though, from then to selling imitation cigarette which is there is a very good reason been packaged in someone’s back- Published By: now, are the stakes. Back why the forces of evil are yard? Roots & Rhythm Ltd. then it was merely about The fact is that consumers in 15 Gibnut Street bound to coalesce, in some a company; this time it’s Belize have been taken for a ride for Belmopan form or fashion, in time for decades. Taking everyday Belizeans about an entire country, for a ride is called “business in the next general elections, about its very sovereignty Belize” and is considered the norm Editor & Business thereason being that the here. That is why there are so many and Sales Manager: and the soul of its people. stakes are simply too high. big businessmen and women who Wilbourne Cuthkelvin For the UDP, then, as are millionaires in this country. There is no doubt in our goes the old tried and Some of them have become so large Chairman mind that the UDP’s core that they sit on the board of directors tested adage, it’s better Editorial Board: philosophy has been and for the banks and other lending to be safe than sorry. A institutions. Many own majority Delroy Cuthkelvin will continue to be a noble battle or two, perhaps shares in our ‘piratized’, not and patriotic one. But like privatized, former national assets. Telephone: even three, might well be Frequently, they are members of 610-1284 any earthly being or human over, but the war has only the most ethical, church-attending organization, the UDP is Chamber of Commerce in Belize. just begun. Email: delcutvin@ Now let me come to whole neither incorruptible nor yahoo.com whoopla about butane that has Wednesday, February 23, 2011 Capital Weekly Page 3 Lee Mark Makes Big Move First Chinese-Belizean Standardbearer Party Leader Dean Hon. Barrow, Lee Mark Chang, Some of the Hundreds of Supportive Residents Hon. Patrick Faber and Hon. Anthony Martinez man who has caused this country of 15% on investment and/or the so much pain and sorrow. This waiver of taxes in default. By Vernon Cuthkelvin issues, the replacement of another present P.U.P Representative is And so; the history of representative due to the then un- the same man who with the stroke representation rocked with presidented public tongue-lashing of a poisoned pen signed-on to disgrace, upheaval, shame, The Belama Park was flooded he regularly delivered to his own the now infamous Settlement corruption and outright greed is by a sea of red t-shirts, pants, rags, at its end as Lee Mark Chang and hats and flags on Sunday February the U.D.P Committee have been 20th.