Till debt do us part?

there is such thing as debt moratorium or debt condonation because collecting from already impoverished debtor will bring more harm than harmony in internatinal relations.

what happened to the borrowed money?…all i can see now is high prices of goods & services, jobless pinoys, homeless pinoys, manufacturing plant and small/big businesses closure/shutdown, pinoys displaced, and many more. i will be blind and mute if i say, this is not the current situation in our country…sayang naman marami pa na ina-idol si GMA lalo na ng mga magagaling sa inglis, mga tapos sa kolehiyo…at ng mga nakikinabang. sana daw balanse ang lahat ng mga sumusulat d2, pero mahirap balansihin talaga lalo na kung paano brasuhin ang charter change ngayon…gumagawa pa ng giyera sa mindanao matupad lang ang pangarap nila na mabuhay ng habang buhay sa pwesto.

You are correct, cvj. I was able to get data on the annual average debt service and borrowings of the post-Marcos administrations, in real (1985) prices. And Arroyo clearly leads the pack with an average of P118.3 billion in borrowings every year from 2001 to 2007. In real prices, Aquino contracted loans amounting to an annual average of P55.9 billion from 1986 to 1992; Ramos, P23.9 billion from 1993 to 1998; and Estrada, 85.4 billion from 1999-2000.

As for debt service payments, Arroyo also paid the most at an annual average of P126.9 billion, followed by Estrada with P64.7 billion; Aquino, P55.9 billion; and Ramos, P52.7 billion.

no jcc…this was not hatred and pain…this is the reality…the government has lack of credibility and a generally anti-people armed forces. First, the AFP has lost so much credibility with the corruption scandals involving active and retired officers. The Oakwood mutiny showed a deep crack in the system, a fault line in the AFP leadership. It does not have credible and trustworthy leaders, not even among the ex-generals who may use the armed forces for their own ends.The Officer Corps has lost its moral compass and is fragmented. Second, having been a pacification army since colonial times, the armed forces has become an “alien force” defending the interests of the ruling elite against the masses. The masses do not trust the armed forces. If a million squatters today hold a people power at the EDSA Shrine, I doubt if the generals will drop their support for the President and join the masses. . From a constitutional point of view, the AFP leadership in EDSA Dos was clearly unprofessional. They mutinied against their commander-in-chief who represented a great majority of the Filipino people and they gravely undermined the Constitution. Consciously or unconsciously, the generals preserved the military’s power using a loud and powerful minority as cover against the silent and weak majority. Since there has been no real change in governance and only change in personalities, the action of the AFP leadership in 2001 was misguided and self-serving. They were desperados who merely enabled the trade of one set of crooks and nightsticks for another…that’s why I am saying…GMA is idolized by the elite groups, mga inglesero, matatalino at nakapagaral sa kolehiyo, at mga nakikinabang…are you one of them? i hope not.

We pride ourselves as a democratic nation. But our democracy is a sham as politicians manipulate the system to perpetuate themselves in power. How can we even think that we have a democracy when elections, the very soul of democracy, is being perverted by the very public officials who should protect the sanctity of the ballot. Democracy is also not just all about having elections or a Constitution. It is also about having the active and sustained participation of the people through democratic institutions like barangay assemblies, people’s organizations, trade unions and political parties. What the Government do instead, they instruct their military and PNP to spy on them.
Democracy is also not just the freedom to vote or the freedom of speech or religious freedom. It is also about being able to live with pride and dignity. It is also about economic freedom enabling the practice of these rights. How can one vote if he cannot afford to go to the polling station? How can one practice his religion when he cannot afford to go to church or has to commit sin to feed his family? How can one practice free speech if he cannot even read the newspaper? The government must be able to improve people’s lives so they can exercise their freedoms.

Umuutang ang gobyerno at para saan ba? to have economic freedom ba or to improve the lives of the filipino people? or to support the national program for economic development? or para mapunan yung mga nakuha na nila?

Instead of alienating the insurgents, the government should reach out and engage them, understand their plight, initiate confidence- and trust-building measures and resolve the matter peacefully. The approach must be holistic as a major factor in insurgency is the absence of government in the remote areas where the rebels are strong. All government agencies should be involved in delivering basic services to the people. However, this government services are non-existent or not felt very much in the countryside. Insurgency is still the major security concern – Communist Party of the Philippines-New People’s Army (CPP-NPA) and the Mindanao separatist and terrorist groups. The communist insurgency is tied to political and economic realities that continue to fuel popular discontent compounded by government neglect and military abuse. On the other hand, the Muslim groups are now linked with other Islamic fundamentalist groups in the region thus broadening the problem. The military approach to the insurgency has been described as a “conflict trap” with “the rebels too weak to defeat the AFP and the AFP too inept to defeat the rebels”. To get out of this trap, the AFP has to break out of its Martial Law/Cold War mentality with its outmoded approaches. Against the left for example, the Anti-Subversion Law has been repealed and the left organizations have entered mainstream politics with party-list groups in Congress. The military should now learn to deal with them in a different way, one which does not violate its own code of ethics. But what is the government leaders want to do now?…they want to change our form of Government…for the very poor reasons…that the basic services will be delivered quickly, no more bureaucratic processes, laws will be passed and implemented quickly, corruption will be avoided or decreased and so on…wow…for me…in my point of view…they just want to shove away those NGO’s, militant groups, watchdogs, rallies, expose…. out of their sight…kase nga nagiging mahiyain na sila ngayon…gusto daw nilang maging tahimik na yung bansa natin from politics. jcc, i am a friend, yu hir! yah man!(jamaican accent)

21st century mindset and macro-economics…nakakain po ba yun? joke!

GMA are applying these managements skills very effective but she should step her foot in the Philippines. Yes, she feels that she’s in the United States, and she wanted so badly to make a change on our form of Government.

So I believe by the 21st century, there will be no more staple foods to eat…only instant noodles na lang…tipid nga naman…macro-economics style.

Maswerte yung mga nasa abroad tulad ko…di ko na aabutan yung instant noodles sa 21st century…na pangunahing pagkain ng mga Pinoy sa Pilipinas.