politics Dear Bong Bong

[-happybirthday-]

Dear Bongbong,

 

Congratulations and God bless your presidency! May you truly lead our nation to unity and another golden era like your father brought during his time.

 

Protect our people and economy from foreign sharks and obsolete oligarchs. Looking forward to a new chapter to our country’s rich history!

[silverboy123]

18 hours ago, jacuzzi said:

I have seen two videos related to the Hidden Wealth. The first video was by an investigative journalist team who visited each property with a price tag on the Hidden Wealth list.  The more recent video shows proof of deterioration over years of neglect and legal sequestration. You can compare their value when Marcos was still in power and how much it was devalued after People Power politics prevented its use and transfer. 

 

The real estate collection from the recent video look like what Clark airbase was after looters pillage the former Amercan base.  Search for videos since the first one was publicly disseminated.

Sorry sir. If its coming from youtube, im not gonna fall for that. Im looking for clear and actual evidence of this.

[silverboy123]

12 hours ago, Kurtosis said:

Anak ng tipaklong.  Where do I begin?  Mga style Thinking Pinoy to.  Jumbled up words that seem to appear legitimate.  Pinaghalo ang facts and fiction para makauto.  May pa name drop pa ng institutions like SGV and CNN to have a semblance of credibility.  Galawang troll.

1.  Debt has been around even before the removal of the gold standard.  If you are referring to the escalation of money printing, then I agree.  Everything else is BS.

2. It is idiotic that a US president would be the one offering this.  You have to be braindead to believe this.  Most of the debts were with multilateral organizations so a US President cannot represent all the debts.  Cory had an impossible  choice of a debt moratorium or a restructuring.  The problems left her by a greedy family (which you clearly acknowledge).  She feared that reneging on the debt would completely destroy our creditworthiness for generations.  So she opted for restructuring.  And she surely consulted multiple groups. 

Dont name drop SGV.  WTF does an audit group know about debt restructuring?  Their financial advisory practice at that point wasnt even developed.   SGV is a great firm but let's be real here.  They've had crappy audits like the P2 billion debt they missed in PLDT decades ago.  Walang saysay kung nakipag usap o hindi nakipagusap kay SGV.  

3.  That last spiel on the real estate bubble.  I cannot potah lol.

And this, ladies and gentlemen, is how a propaganda machinery convinced millions of people that their thievery of US10 billion dollars over 21 years wasnt so bad.  Because hey, if a holdupper left you a few bucks so you can get home makes him a saint, despite pocketing the rest of your belongings.

 

 

Thank you for this brother. I was just asking the original poster where he got this from coz I was going to ask my former profs in Ateneo. Will show him this as well! thanks again.

 

[señor_bugoy]

I hope and pray that you prove me wrong...

[Kurtosis]

3 hours ago, silverboy123 said:

Thank you for this brother. I was just asking the original poster where he got this from coz I was going to ask my former profs in Ateneo. Will show him this as well! thanks again.

 

No worries, schoolmate.

[silverboy123]

21 minutes ago, Kurtosis said:

No worries, schoolmate.

OBF PAL!

[macbolan00]

"On 5/16/2022 at 8:24 AM, Kurtosis said:

Dont name drop SGV.  WTF does an audit group know about debt restructuring?  Their financial advisory practice at that point wasnt even developed.   SGV is a great firm but let's be real here.  They've had crappy audits like the P2 billion debt they missed in PLDT decades ago.  Walang saysay kung nakipag usap o hindi nakipagusap kay SGV."

What about basic reading comprehension? They were part of the group that processed and documented the property purchases. Didn't say anything about debt restructuring. Investment houses do that.

Edited May 17, 2022 by macbolan00

[Kurtosis]

6 hours ago, macbolan00 said:

"On 5/16/2022 at 8:24 AM, Kurtosis said:

Dont name drop SGV.  WTF does an audit group know about debt restructuring?  Their financial advisory practice at that point wasnt even developed.   SGV is a great firm but let's be real here.  They've had crappy audits like the P2 billion debt they missed in PLDT decades ago.  Walang saysay kung nakipag usap o hindi nakipagusap kay SGV."

What about basic reading comprehension? They were part of the group that processed and documented the property purchases. Didn't say anything about debt restructuring. Investment houses do that.

Lol.  You are the one with reading comprehension issues.  Look at the passage that I was reacting to.  Obvious kung ano reference sa SGV dun.  Kausapin mo yung poster para pareho kwento nyo o tandaan mo kung anong troll account ginagamit mo para hindi ka nalilito.

[macbolan00]

Maybe there's more to it but this is the only mention I saw.

"What is bothersome is when Marcos was ousted, the hidden wealth was well documented and appraised to be at least 10 Billion dollars, mostly in US Real Estate.  It was SGV accounting firm that leaked the amount since the purchase was assisted by their outfit.  "

Personally, I don't believe the SGV will disclose something like this (assuming it's true.) Bean counters have their definition of integrity.

But your problem might be in the preceding paragraph where debt burden was mentioned, and the rather bad segui to property purchases in the second. I can understand that. 

Second and third paragraphs:

"...then president George Bush, the father of GWB, offered to repudiate all debts of the Philippines in exchage for this set of Hidden Wealth that the PCGG had an impossible task to liquidate.

This offer by a sitting US President was telecast worldwide. It was on CNN news feed then. But Cory was not shrewd. If she had accepted the offer, then Filipinos would have become debt free.  As a debt free nation, we would have automatic high credit rating and Filipinos can have fresh borrowings much"

Now this part's crap. The US is/was just one of the country's lenders. A sucker lender repudiating (wrong word) a borrower's debts is just giving away money. The Philippines should REPUDIATE the loans, or re-finance, or offer new loans to pay off old ones. BUT GO AFTER THE ILL-GOTTEN ASSETS REGARDLESS. Sheesh some people think they know finance.

As for you, you still don't get the SGV connection.

Edited May 17, 2022 by macbolan00

[FF]

8 hours ago, macbolan00 said:

Maybe there's more to it but this is the only mention I saw.

"What is bothersome is when Marcos was ousted, the hidden wealth was well documented and appraised to be at least 10 Billion dollars, mostly in US Real Estate.  It was SGV accounting firm that leaked the amount since the purchase was assisted by their outfit.  "

Personally, I don't believe the SGV will disclose something like this (assuming it's true.) Bean counters have their definition of integrity.

But your problem might be in the preceding paragraph where debt burden was mentioned, and the rather bad segui to property purchases in the second. I can understand that. 

Second and third paragraphs:

"...then president George Bush, the father of GWB, offered to repudiate all debts of the Philippines in exchage for this set of Hidden Wealth that the PCGG had an impossible task to liquidate.

This offer by a sitting US President was telecast worldwide. It was on CNN news feed then. But Cory was not shrewd. If she had accepted the offer, then Filipinos would have become debt free.  As a debt free nation, we would have automatic high credit rating and Filipinos can have fresh borrowings much"

Now this part's crap. The US is/was just one of the country's lenders. A sucker lender repudiating (wrong word) a borrower's debts is just giving away money. The Philippines should REPUDIATE the loans, or re-finance, or offer new loans to pay off old ones. BUT GO AFTER THE ILL-GOTTEN ASSETS REGARDLESS. Sheesh some people think they know finance.

As for you, you still don't get the SGV connection.

Comrade, it's very hard for some people to differentiate shit from shinola. They prefer to believe in  an alternative history with NO proven historical facts to support their delusions. They believe in crap like this because it suits them and reinforces their belief. If and when Marcos Junior declares that EDSA was an injustice and that the Marcoses are not villains but martyrs , they will LAP IT UP and take it as bible truth. Wanna bet ?

[FF]

On 5/16/2022 at 8:25 PM, -happybirthday- said:

Dear Bongbong,

 

Congratulations and God bless your presidency! May you truly lead our nation to unity and another golden era like your father brought during his time.

 

Protect our people and economy from foreign sharks and obsolete oligarchs. Looking forward to a new chapter to our country’s rich history!

Golden Era ? Country's rich history ? In that Golden era the Marcoses PLUNDERED the nations wealth to the point where they BECAME rich . And the country became poor .

Magsaliksik ka naman comrade . Konting Google lang yan . Hindi intelligent post yan kundi PROPAGANDA. 

[Mad Damian]

1 hour ago, FF said:

Comrade, it's very hard for some people to differentiate shit from shinola. They prefer to believe in  an alternative history with NO proven historical facts to support their delusions. They believe in crap like this because it suits them and reinforces their belief. If and when Marcos Junior declares that EDSA was an injustice and that the Marcoses are not villains but martyrs , they will LAP IT UP and take it as bible truth. Wanna bet ?

Bro, it has already began.

 

the purge of the atrocities of the marcos era is slowly being wiped starting with whatever is on the web.

(I guess we’ll see if what is on the web will truly be forever there)

They even published an alternative hard cover on the golden era, or was it the martial law period.

 

the new generation who had never experienced nor lived it will surely lap it up.

 

thinking that its the real history

 

sadly, its happening while we’re still in duterte’s term.

 

[FF]

22 hours ago, Mad Damian said:

Bro, it has already began.

 

the purge of the atrocities of the marcos era is slowly being wiped starting with whatever is on the web.

(I guess we’ll see if what is on the web will truly be forever there)

They even published an alternative hard cover on the golden era, or was it the martial law period.

 

the new generation who had never experienced nor lived it will surely lap it up.

 

thinking that its the real history

 

sadly, its happening while we’re still in duterte’s term.

 

well Marcos Junior was able to escape scrutiny during the elections. But right now all eyes will be focused on him to see what he will do. Tho 31 million voted for him the 15 million more discerning voters will be wary and critical of his moves .

The local business sector  will also be keeping close tabs and the international community too.

Madaling manalo pero ngayon paano?  Kaya ba niya ang pressure to lead ? Does he have enough political acumen to survive? Mag lalabo labo ang mga kampo ni GMA , The Marcoses , The Aranetas, the Dutertes. 

Everyone will be itching to outdo each other for a piece of the pie.

[SAGITTARIAN]

i hope flesh industries should not be affected..tuloy pa rin ang ligaya

[Doggie Man]

Musta na ang mga bilyones