Tag: makati business club

Schadenfreude of the Elites: People who want Duterte to fail

September 19, 2016September 19, 2016 Carlo de Leon 19 Comments

Schadenfreude: Substantiv, feminin – boshafte Freude über das Missgeschick, Unglück eines andern. (Translation: Noun, feminine – malicious pleasure over the misfortune, mishap of someone else.)* An elite class that is free to operate without limits – whether limits imposed by the rule of law or fear of the responses from those harmed by their behavior…

Economy, Government, Politics

Only a massively-popular celebrity can stop a Binay presidency now!

December 1, 2014 benign0 8 Comments

Jejomar Binay ‘should’ not be a presidential candidate in the Philippines. But of course. This, however, is the Philippines. And, yes, Binay is a presidential candidate. Not just a presidential candidate, but the leading candidate. Bizarre as that may seem, that is the reality in the Philippines. The country is a democracy, and vocally “proud”…

Government, Media, Politics, Society

Ph President BS Aquino doesn’t care if he broke the law while handling taxpayers’ money

July 4, 2014July 4, 2014 Ilda 33 Comments

According to Philippine Presidential Communications Operations Office head Herminio Coloma Jr., President Benigno Simeon “BS” Aquino won’t apologize for the controversial Disbursement Acceleration Program or DAP after it was ruled unconstitutional by the Supreme Court. He insists that “the executive branch ‘exercised good faith and due diligence’ in accordance with existing laws and relevant auditing…

Crime, Development, Economy, Government, Politics

Filipinos: a picture of tragic gullibility as Malacañang reneges on promises to scrap the pork barrel

September 28, 2013 benign0 16 Comments

The way Philippine society is responding to the political crisis unfolding today is not too different from the campaign months leading to the 2010 presidential elections. Despite mounting evidence that the administration of President Benigno Simeon “BS” Aquino III is moving heaven and earth to go into damage control over the fire they started around…

Crime, Politics, Society

7.1% growth is not due to Aquinomics, it’s a continuation of GMA’s use of Keynesian Economics

November 30, 2012December 2, 2021 Ilda 90 Comments

It’s beginning to look at lot like Christmas. ‘Tis the season to be jolly. Filipinos are known for being a little too indulgent during the festive season. This could very well be the reason why the Philippine government and the business sector have been trumpeting good news about the economy through various media outlets —…

Development, Economy, Media, Politics

Maria Ressa says ‘talk the walk’ yet fails to act on possible violations of bank secrecy laws by Rappler reporters

July 6, 2012May 31, 2013 benign0 29 Comments

In a speech delivered at the Integrity Initiative Forum co-organized by the Makati Business Club (MBC), the European Chamber of Commerce of the Philippines (ECCP), Management Association of the Philippines (MAP) and the American Chamber of Commerce of the Philippines (Amcham), Maria Ressa, CEO and “thought leader” of self-described ‘social news network’ Rappler.com emphasized the…

Crime, Media, Politics

MBC and MVP inflate the significance of the impeachment trial to economic progress

May 30, 2012 a 4 Comments

Partisan social news network Rappler recently published an article, narrating the local businessmenâ€™s joy over Renato Coronaâ€™s conviction in his impeachment trial. Businessmen lauded the results of the over 4-month-long impeachment trial of former Supreme Court Chief Justice Renato Corona that was sealed by a 20-3 votes of senator judges on Tuesday, May 29. “Our…

Economy, Money Talks, Politics, Society