BELIZE SUPERBONDS NOT WORTH THE PAPER THEY ARE PRINTED ON, SAYS WESTERN BELIZE BUSINESS COMMUNITY.

JAGUAR CAPITAL MANAGEMENT WITHDRAWS IT'S OFFER OF BUYING $25,000 USA OF THE BELIZE SUPER BONDS, AT 5 CENTS ON THE DOLLAR, OR LESS.

   After canvassing the opinions of the best business people in Belize, the Western Cayo Mennonites and Chinese business community, I finally agreed to their consensus that the Belize Superbonds were not worth the paper they were printed on.

  The major reason being; that no political government managers as a party, under the British Parliamentary, colonial feudal SPOILS piratical system of governing, will be able to pay off in the future any of these bonds.
The reasons are GREED, and PYSCHOLOGICAL STRAINS of the system.  No political party in Belize could guarantee the future, without a law controlling and penalizing political managers actions, when it comes to borrowing money in the SOVEREIGN NAME of Belize. Unless they passed a law, FORCING Cabinet Ministers to adhere to a 3% of GDP maximum loan borrowing policy of GDP, or failing of losing their jobs.
The law suggested; the WARREN BUFFET LAW, was that anytime, the GROSS DEBT OF BELIZE EXCEEDED 3% OF GDP, for the past 4 quarters, ALL political party managers, would lose their positions and a BY-ELECTION to fill their parliamentary places must be held within 90 days.  Incumbents would not be allowed to run again for one term of office.
  Since this is deemed an IMPOSSIBLE LAW CONTROL TO PASS in the political system of Belize, then it is figured that any future bonds, replacing current bonds, will eventually go bad also.
  The pressures by a population and action groups with special interests for government intervention, spending and other programs are pyschologically impossible for the elected politicians to deny.  Without strong reasons and consequences for the elected politicians, to control borrowing loans, it is deemed an impossible task to control the political party management of the Belize government borrowing by elected persons.