We beg to differ.
Irony of ironies is how a mad rush to scratch a vindictive itch from the bite of the previous administration of former Philippine President Gloria Macapagal-Arroyo has backfired badly against the the government of current President Benigno “Noynoy” Aquino III. A bomb dropped by the Supreme Court on the long-festering row between the Aquino-Cojuangco feudal…
Read More “Aquino-Cojuangco feudal clan: Too wealthy to fail?!” »
Why the focus and circus around retribution while more pressing and forward-looking initiatives like growing the economy, for one, languish at the bottom of media hyping priorities? It could be because Filipinos are culturally predisposed to being retrospective rather than prospective in the way we think. Back in 2009 just as the campaign of then…
I’ve said it before but I’ll say it again. Philippine President Noynoy Aquino (PNoy) is bad for the economy. The incumbent president is not at all focused on building a solid financial system for the country despite predictions that the economic instability in Europe and the struggling economy of the United States of America could…
Read More “President Noynoy Aquino and the instability he created is really bad for the economy” »
There is a list of the alleged crimes of former Philippine President Gloria Arroyo (GMA) making its rounds on social networking sites like some kind of chain letter. The list comes with a photo of GMA in a wheelchair wearing her neck brace and facemask looking gaunt and distressed. The photo is obviously not a…
Read More “The Noynoy Aquino government is turning the Philippines into a vindictive society” »
The “shocking” news that the Philippines is actually one of the worst countries in Asia to do business in continues to reverberate among the chattering classes. Yes, personally I’m still getting over the “shock” of such a revelation. It made me re-think investing my personal fortune in a country where the only thing that I’d…
The most successful investors are those that invest when everybody else is bailing out. I have heard so many bad things about Pinas, and after having lived there for two years I can now understand how bad things really are. Nevertheless, I continue to invest not only money but time and effort as well to…
Read More “Five Reasons to be Optimistic About the Philippines” »
I read recently that the city government of Quezon City is set to levy an additional tax on property located within its administrative jurisdiction on top of whatever taxes are already being paid by their owners. So aside from the property taxes being collected from the landed gentry of this fine city, the Quezon City…
Read More “The Quezon City Squatter Tax can be offset by a tax on pagpag” »
The simple fact that many people find this cartoon of Mr Burns holding up a placard with the words “I am the 1%. Smithers, release the hounds” amusing is because Mr Burns is a well-known character of the long-running animated sitcom The Simpsons where he embodies what the “Occupy Wall Street” protestors consider to be…
