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Category: Economy

Living in bubbles – pop goes the Philippines!

Posted on December 1, 2013 By FallenAngel 95 Comments on Living in bubbles – pop goes the Philippines!
Living in bubbles – pop goes the Philippines!

Among the talking points currently on the plates of the pundits here in the Philippines is the article published on Forbes by Jesse Colombo. He describes himself as “an economic analyst and anti-economic bubble activist who was recognized by the London Times for predicting the Global Financial Crisis. I am currently warning about growing bubbles…

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Culture, Development, Economy, Lifestyle

The Philippines’ long road to recovery after Yolanda: Are Filipinos up to the task?

Posted on November 19, 2013November 19, 2013 By benign0 37 Comments on The Philippines’ long road to recovery after Yolanda: Are Filipinos up to the task?
The Philippines’ long road to recovery after Yolanda: Are Filipinos up to the task?

In the aftermath of the devastation wrought by Typhoon Yolanda (a.k.a. Haiyan) the hard question stares us squarely in the face: What’s next for a nation that, even in normal times, struggles to deliver the most basic services to the majority of its people?. According to recent reports, up to four million Filipinos are left…

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Civics, Crime, Development, Economy, Environment, Government, Politics

The #MillionPeopleMarch Is Nothing But An Epic Brainfart

Posted on October 7, 2013October 7, 2013 By P. Farol 26 Comments on The #MillionPeopleMarch Is Nothing But An Epic Brainfart
The #MillionPeopleMarch Is Nothing But An Epic Brainfart

With all due respect and I apologize for saying this with an offensive tone, but I think it’s just stupid to keep on gathering in different parts of the country demanding the abolition of the pork barrel system and coming away with zip. The Million People March is kind of like a joke that I…

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Development, Economy, Government, Politics

Top Ten Reasons Why Proceso Alcala Should Quit As Agriculture Secretary

Posted on September 29, 2013September 29, 2013 By P. Farol 15 Comments on Top Ten Reasons Why Proceso Alcala Should Quit As Agriculture Secretary
Top Ten Reasons Why Proceso Alcala Should Quit As Agriculture Secretary

My first two posts on government funded rice importation caused a bit of a stir, but not enough to change the mind of Agriculture Secretary Proceso Alcala to stop the government to government importation of rice.  It isn’t enough that after the Arroyo Administration’s P732 Million Fertilizer Fund Scam, the DA insists on continuing a…

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Crime, Development, Economy

Something Fishy About the Department of Agriculture’s Extra Rice

Posted on September 18, 2013 By P. Farol 13 Comments on Something Fishy About the Department of Agriculture’s Extra Rice
Something Fishy About the Department of Agriculture’s Extra Rice

(Last week, I pointed out that there is an ongoing rice scam at the Department of Agriculture and National Food Authority that could cost taxpayers to lose P2 Billion to corruption and waste.  This post picks up where it left off, which is the enormous yearly corruption and waste that is created by the government’s…

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Crime, Development, Economy

How About A P2 Billion Rice Scam To Go With Your Pork Barrel Fund Scam?

Posted on September 13, 2013September 19, 2018 By P. Farol 7 Comments on How About A P2 Billion Rice Scam To Go With Your Pork Barrel Fund Scam?
How About A P2 Billion Rice Scam To Go With Your Pork Barrel Fund Scam?

While people are going agog about the P10 Billion Pork Barrel Scam, another scam is being perpetrated without an uproar, without crowds gathering at EDSA, and without pictures of different people posing with Jeane Lim Napoles. Not everybody in a country with over two thirds of its people groaning under the poverty line gets a…

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Development, Economy, Government

Pork is Cheap in Bahana Republic

Posted on August 19, 2013 By John Bay 1 Comment on Pork is Cheap in Bahana Republic
Pork is Cheap in Bahana Republic

I seem to be part of the lucky few in my city where 15 out of 18 barangays are submerged in water after a continuous downpour of ‘Maring’. The great revelation in all of this is that floodwaters always have a way of bringing all things to the surface. It is a trite simile of…

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Economy, Government, Media, Politics

A proposal for our politicians: donate pork barrel, help send Filipino fans to Spain for FIBA 2014

Posted on August 11, 2013August 11, 2013 By FallenAngel 23 Comments on A proposal for our politicians: donate pork barrel, help send Filipino fans to Spain for FIBA 2014
A proposal for our politicians: donate pork barrel, help send Filipino fans to Spain for FIBA 2014

First things first. I think congratulations are in order for the Philippine National Team in this year’s FIBA Asia championships. Last night they beat South Korea 86-79, and thus clinched a sure spot in the 2014 FIBA World Cup to be held in Spain. A little bit of background for the not-so basketball fans: for…

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Economy, Government, Money Talks

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