There’s no money left Zane – The Royal Gazette | Bermuda News, Business, Sports, Events, & Community

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There’s no money left Zane

September 8, 2013

Dear Sir,

I find it most disturbing that after all this time Zane DeSilva reiterates misconceptions, and lies, about the Medical Clinic's history and pending opening.

In his letter of Friday September 6th he frequently refers to the OBA's failure to keep it's election promises.

You may ask why?

There is not enough space in this newspaper to give a detailed response, but for the space afforded me, clarity and the truth, I will explain with facts, as briefly as I can.

When the PLP won the election, it inherited a balanced budget. Yes, a balanced budget. A statement not too familiar in any country, so this should have been considered the prize of all prizes for any incumbent waiting in the wings. to surely be nurtured.

Over the period of time that they were in power up to last year, the national deficit debt rose to $1.4 billion.

So, when the OBA won the election, it had no idea just how much the PLP had continued to borrow to a point of “No Return.”

The OBA had no alternative but to come to the country and tell us the truth, that projects that were feasible, could not now be done, and all other similar promises, would have to be re-evaluated as well, and quite probably put on the back burner. Hence the Medical Clinic's delay.

As for Zane De Silva reading the contents of this letter, the surprises he speaks of may not be so surprising, but deemed inevitable under the circumstances outlined above.

The truth about the financial state of the country under the former government may never see the light of day, but our children's children will know all about it, as they will have to deal with the pebble in the pond, the ripples, that will last for many years to come.

Diana Williams

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Published September 10, 2013 at 9:00 am (Updated September 09, 2013 at 7:47 pm)

There’s no money left Zane

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