We beg to differ.
Money matters. Indeed it does. How to make it, how to manage it when you get it, and how to spend it when you have too much of it.
Why are Filipinos poor? Simple. Because they entered into too many commitments they, as a people, are inherently incapable of honouring. That’s essentially the definition of poverty in my book. As such, poverty in the Philippines is not the enormous problem it is made out to be. At its core, it is a simple problem…
Read More “Philippine poverty is really a very simple problem. It really is.” »
NOW is the best time to pursue radical changes. Why? Because we have a strongman (iron-fisted visionary) at the helm. So if you want something done with expediency, now’s the time to take action – while we have a Duterte around. It was during the golden age of the Pharaohs (powerful visionary leaders of Northern Africa)…
Read More “100 ZAX = 1 USD: Why Duterte should push for ASEAN’s common currency” »
A depreciating peso wouldn’t really be an issue if Filipinos are able to produce what they consume and sell what they don’t consume to an export market. The trouble is, the Philippines is not a producer of valuable enough stuff and prefer, instead, the lazy option of “producing” and selling low-value raw stuff. I enclosed…
Read More “Filipinos’ concern over a depreciating peso is due to a pathetic dependence on imports” »
Consider the vastness of the money-making machine that the Philippine Roman Catholic Church is. None of its activities including those that are financially profitable are currently taxed by the Philippine government. Catholic education alone, for example, is an expensive premium service that even the wealthiest of Filipinos clamber over one another to partake of. Yet…
You can’t have your cake and eat it. If Filipinos want more and better-quality public services, they’re gonna have to cough up the dough and pay more taxes. The reality is that most of the infrastructure required to deliver the services they demand involves foreign technology and imported goods — which is why they cost…
Read More “Filipinos have no choice but to pay more taxes” »
I came up with a new public relations (PR) concept for Malacanang. I call it the Flypaper Trick. To understand this trick, a brief explanation of how flypaper works is in order. Flypaper is a sheet of paper coated with a strong adhesive that attracts flies that happen to be buzzing around. A fly that…
Every woman and her dog is saying that the recently-implemented Tax Reform for Acceleration and Inclusion (TRAIN) law is “anti-poor”. They cite how increased taxes on commodities will be an “additional burden” on the poorest Filipinos with increased costs incurred in procuring input into businesses being passed on to customers and “trickling down” to the…
Read More “It is NOT TRUE that the Philippines’ new Tax Reform (TRAIN) bill is “anti-poor”” »
We Filipinos take for granted the 13th month pay. We probably would go on a witch hunt if we found our company does not give it (let me note that 13th month pay is separate from Christmas bonuses). This pay scheme was mandated by a law introduced by Ferdinand Marcos in 1965, and it continues…
Read More “Is 13th Month Pay Symbolic of Filipino Wastefulness?” »
