Poll: The Best And Worst Of Filipino Presidents

[FleurDeLune]

Mod's note:

 

Guys, stick to the topic please.

 

And also this is a poll thread and we expect a minimal discussion all the more reason to avoid subjective postings. To avoid OT posts, have the general discussions (on politics) at Pinas Pulpolitika Thread instead. TY.

Edited August 8, 2016 by FleurDeLune

[goldrush]

depends sa mga age limit ng correspondent kung anong era naabutan nila ska iba na buhay lately compare dati..

[punkee]

Edmund Dantes, on 03 Jun 2016 - 5:25 PM, said:

 

Imelda is not that stupid.

Are we talking about the same Imelda who says there is a big hole in the sky that allows heavenly light to shine directly at the Philippines that is why we are blessed?

[boy popoy]

 

 

Pero ang nakakainis yun vindictive mentality ng mga nabrainwash ng yellow journalism. The way Marcos is demonized, cartoonish na masyado. Libing na lang bilang dating sundalo eh gusto pa ipagkait. At pinakanaiinis ako sa lahat yun laging sinasabi na "Ah kaya tayo hirap ngayon, at baon sa maraming utang dahil kay marcos na yan!". Anak ng 30 years na ang nakalipas sa kanya pa din yan sinisisi? Talk about being stuck in history. Take what lessons you can from it, but move on!

 

 

 

 

Well we are still paying for the debt he incurred up to this day. And, we will continue to pay for that debt until about 2026. So anong mali dun?

 

Hindi ka ba nagtataka kung bakit malaki ang tax natin? Kasi malaki din ang utang natin.

Edited August 27, 2016 by boy popoy

[camiar]

 

 

Well we are still paying for the debt he incurred up to this day. And, we will continue to pay for that debt until about 2026. So anong mali dun?

 

Hindi ka ba nagtataka kung bakit malaki ang tax natin? Kasi malaki din ang utang natin.

 

Bakit Malaki ang utang natin?

1. Because we refused to use the US$2B nuclear power plant and instead spent more money on new conventional coal-fired power plants to make up for the shortfall in power generating capacity. Not only did it double our debt in building power utility capacity, but the economic opportunity loss for not using the EXISTING capacity of the nuclear plant for productive use limited our economic growth.
2. Because we did not take advantage of the high value of the Peso to reduce our debts. During Cory Aquino's time the exchange rate in late '80s and early 90's was PhP20 to 1US$. During Noynoy Aquino's time the peso exchange rate went from PhP 55 down to PhP 42 per US$. But he also did not use this as opportunity to reduce debt. But the oligarchs and big Chinese businesss used the favorable exchange rate to flood the market with imported consumer goods that compete with locally manufactured products.

[boy popoy]

 

 

Bakit Malaki ang utang natin?

1. Because we refused to use the US$2B nuclear power plant and instead spent more money on new conventional coal-fired power plants to make up for the shortfall in power generating capacity. Not only did it double our debt in building power utility capacity, but the economic opportunity loss for not using the EXISTING capacity of the nuclear plant for productive use limited our economic growth.
2. Because we did not take advantage of the high value of the Peso to reduce our debts. During Cory Aquino's time the exchange rate in late '80s and early 90's was PhP20 to 1US$. During Noynoy Aquino's time the peso exchange rate went from PhP 55 down to PhP 42 per US$. But he also did not use this as opportunity to reduce debt. But the oligarchs and big Chinese businesss used the favorable exchange rate to flood the market with imported consumer goods that compete with locally manufactured products.

 

 

 

Dafuq kinda argument is that???!!!

 

I'm saying pinalaki ni Marcos ang utang natin, tapos ang sagot mo is kasalanan ng mga Aquino yan dahil hindi nila binawasan.

 

(napakamot mo ako ng ulo ah)

[camiar]

 

 

Dafuq kinda argument is that???!!!

 

I'm saying pinalaki ni Marcos ang utang natin, tapos ang sagot mo is kasalanan ng mga Aquino yan dahil hindi nila binawasan.

 

(napakamot mo ako ng ulo ah)

Magkano utang natin during Marcos's term?

 

Magkano utang natin ngayon?

 

Magkamot ka uli ng ulo mo.

[punkee]

Fact: Marcos declared Martial Law because communism was becoming a clear and present danger to the country.

 

Dumb yellowtard myth: Marcis declared Martial Law to prolong himself in power and abuse and torture Filipinos.

Fact: The facts about declaring Martial Law were already exposed and is close to the "myth" that cutter mentions. The difference is, yellowtards were not responsible for the expose, but people close to the dead wax dummy. "clear and present danger" was the Marcos alibi, as exposed by the plunderer's friends. not any member of any kultong dilaw.

 

trying to condition the people's minds by coming up with an army of social media marketing agents to distort actual facts is so asinine and I will not give credence to them.

[baMbee🐝]

I didn't want to answer Best president because the list was among the worst.

No Magsaysay, Aguinaldo, Quezon or Diosdado Macapagal? I would have chosen Magsaysay.

 

No choice though. I ended up FVR. Erap would be worst for me.

[punkee]

The next time you mention the word "fact", make sure you know what it is because this post is another of your countless harebrained opinions.

i apologize. how asinine of me to forget about your very wide vocabulary.

 

what i posted was hardly opinion. how martial law was staged is widely documented. again, coming from Marcos' ex-friends. from the inside. i guess you wouldnt give credence to that.

Another biased opinion. Before the advent of social media, mainstream media had a monopoly on shaping public opinion. The yellow media tried to destroy Marcos and for a time, they may have damaged his name but not completely. With social media, lies about Marcos were rectified.

social media marketing agents is the long name of . . . ?

 

what? now social media is where facts are determined, and truth prevails? hallelujah! such credence!

Edited August 30, 2016 by punkee

[punkee]

Medal of Valor issued to a non-combatant. yeah, so much credence.

tapos yung picture ni macoy na sinasabitan sya ng medalya e ginamit nya picture pa ng uncle ng kaibigan ko. hihi. pinalitan lang ang mukha with lousy editing skills pa. hihi some more.

[boy popoy]

Before the advent of social media, mainstream media had a monopoly on shaping public opinion. The yellow media tried to destroy Marcos and for a time, they may have damaged his name but not completely. With social media, lies about Marcos were rectified.

 

 

No wonder you are so out of touch with reality. You easily dismiss mainstream media as "yellow" but readily embrace social media as truth. Everyone knows a large percentage of internet information is bullsh#t. You probably believe that eating pussy cures cancer and smelling farts is good for one's health. Oh yeah and, Robin Padilla is not dead by the way.

 

"IGNORANCE CAN BE EDUCATED, BUT THERE IS NO CURE FOR STUPID"

[punkee]

Yellowtards usually argue using ad hominems when they're getting pwned. Like I said, heed your own advice.

Says the poster whose predictive accuracy is legendary. Being pwned is a way of life for you.

[punkee]

I give credence to your credibility, and name-calling prowess. Your coherence is astounding. No ad hominem there.

 

The only ONE military award you keep repeating, out of the many others the wax usurper faked, is also questionable.

At best, he was a president who abused the country, and a regular soldier who falsified his records. There is no 'sort of' with those.

 

Cant you find a more respectable issue to spend your time with and earn from? Cleaning the streets, adopting strays, caring for orphans. Ang dami that makes the world a better place. . . Queue in background music. . .

 

You just had to fight for a plunderer, murderer, liar. What a life you have.

[everyman]

 

 

Bakit Malaki ang utang natin?

1. Because we refused to use the US$2B nuclear power plant and instead spent more money on new conventional coal-fired power plants to make up for the shortfall in power generating capacity. Not only did it double our debt in building power utility capacity, but the economic opportunity loss for not using the EXISTING capacity of the nuclear plant for productive use limited our economic growth.
2. Because we did not take advantage of the high value of the Peso to reduce our debts. During Cory Aquino's time the exchange rate in late '80s and early 90's was PhP20 to 1US$. During Noynoy Aquino's time the peso exchange rate went from PhP 55 down to PhP 42 per US$. But he also did not use this as opportunity to reduce debt. But the oligarchs and big Chinese businesss used the favorable exchange rate to flood the market with imported consumer goods that compete with locally manufactured products.

 

 

The stated Answer #1 is too simplistic and inaccurate. Answer #2 is false at sinama lang to try to pin the blame on Cory Aquino.

 

Will first tackle #2. This is the first time I've heard of this exchange rate angle regarding the foreign debt. First off, I don't think the rate of exchange plays much into the determination of debt repayment. Mas importante ang national economic health. If the economy is doing well, it can afford to set aside money to pay its debts.

 

During the time of Cory Aquino, the post-Marcos years, the country was hard put to come up with money to run the country. let alone to pump-prime the economy. Even the need for basic social services and basic infrastructure hindi lahat natutugunan dahil konti lang ang panggastos. The fiscal revenue always comes up short vis-a-vis the fiscal expenditures. Paying our foreign debt means taking away money from social services and infrastructure. Kahit na $1-Php7 pa na exchange rate, we were not in a position to pay up at that time. (Kung gusto mo talaga sisihin si Cory sa Foreign Debt ni Marcos, you should denounce her for not using her stature as a hero of democracy to stand up against our foreign debtors and declare a debt moratorium. The result though can be unpredictable. See Argentina's unilateral debt moratorium.)

 

 

Right on cue to Answer #1. The perennial fiscal deficit is not unique to the Aquino administration. Noong panahon ni Marcos, ganoon din. Parating kulang ang kita kesa sa gastusin. The way out of this for Marcos was to borrow abroad. Foreign borrowing is a big help to jumpstart the Philippine economy during those times. If spent well. The years when we had access to foreign debt were the boom years of the Marcos era with 6-7% GNP growth. Lumago naman ang ekonomiya that time.

 

The thing with debt-fueled growth in the country, the same way as in a corporation, you have to use the money wisely to grow your income generators in order to keep up with your payments and eventually pay them off. We could say the foreign debt was well-spent and managed if it grew the Philippine economy enough to render our foreign debt miniscule as compared to our GNP (debt-to-GNP ratio). That was not the case. Ngayon, why? It was not because of the Nuclear Power Plant alone, although it was a gargantuan waste replete with Presidential corruption. It was neither the fault of Cory or Noynoy for not paying them off when we had a favorable exchange rate.

 

The fault lies with the Marcos administration for not managing the economy well. There are a myriad of reasons that can be cited for the resulting failed economy under Marcos and I'll mention a few.

 

1. Corruption - we all know what happened, huwag magtanga-tangahan please lang

 

2. Low productivity - studies cited poor productivity per capital spent suffered by the country as compared to neighboring countries such as Indonesia and Korea. We simply were not as efficient in using our borrowed capital to grow our industries. Also, one of the reasons mentioned was the Marcos cronies, big and small. Those people granted government privileges such as behest loans according to their proximity to the Marcos couple, as against merit. Many of those government guaranteed loans went unpaid and added up to the National Debt.

 

3. Capital Flight - this is a double whammy for the country as favored cronies and corrupt officials salt precious dollars abroad instead of spending it here in the country where it could have grown the economy, multiplier effect sana dito instead of buying buildings sa Manhattan o paintings nila Monet

 

(Source: Developing Country Debt and Economic Performance, Volume 3

Edited by Jeffrey D. Sachs and Susan M. Collins

Book III - The Marcos Legacy: Economic Policy and Foreign Debt in the Philippines

Robert S. Dohner and Ponciano Intal, Jr. )

Edited September 1, 2016 by everyman