politics Dear Bong Bong

[SAGITTARIAN]

3 minutes ago, K0RN - RETIR3D said:

I agree Comrade! We should always do our research and due diligence as always. 

Tama ka dyan boss, everybody has their own research, whatever the outcome ay depende pa rin sa researcher kung ano ang set of topics nya…we may have the same topics pero paano pag magkaiba tayo ng subjects at sasagot sa surveys at sources…example, pwede ko iresearch about marcos pwedeng may downside at upside, eh paano kung ung puro upside nya ang gamitin ko lng,same apply for leni, may downside at upside,paano kung puro upside din gamitin ko. Eh kung maging subjective ako at bias, syempre mag iiba na ang tono ng research ko. Sabhin natin na we have same sources, same subjects at ung mga sasagot ng survey, same books ,same reading materials, etc etc…kaso we have different perspective sa buhay. So magkakaroon talaga ng pagkakaiba kung sakali. 

[K0RN - RETIR3D]

3 minutes ago, SAGITTARIAN said:

Sabhin natin na we have same sources, same subjects at ung mga sasagot ng survey, same books ,same reading materials, etc etc…kaso we have different perspective sa buhay. So magkakaroon talaga ng pagkakaiba kung sakali. 

Tama Boss. This is where Bias comes in. 

[playitbyear21]

walang bias though sa pagnanakaw at hindi pagbayad ng tax. 

Kung nagnakaw talaga sila at hindi nagbayad ng tax, kailangan nilang panagutan yun.

[RadeonNitro]

Leni 💗 Kiko

[Duel of Fate]

dear bongbong. 

 

ok.. you won. 

 

but watch your back. you know damn well sara is your ally only during the elections. the senate is also still loyal to her father. and the congress is still gloria's playground. 

 

im not expecting more than 5years of presidency from you. either we shift to parliamentary or you get booted. 

 

see you. 

[captainamerica]

pahingi bombs bbm

[hi_hello]

dear bongbong

 

congrats.... pinagdadasal ko lang na hinay hinay ka lang sa pagnanakaw at wag mo sana ibenta pilipinas sa china....  kahit wag mo na bayaran ung utang mo sa bansa basta wag mo lang kami ilubog lalo sa utang tapos ibubulsa mo lang ung pera ng mga crony mo....

[FF]

10 hours ago, Duel of Fate said:

dear bongbong. 

 

ok.. you won. 

 

but watch your back. you know damn well sara is your ally only during the elections. the senate is also still loyal to her father. and the congress is still gloria's playground. 

 

im not expecting more than 5years of presidency from you. either we shift to parliamentary or you get booted. 

 

see you. 

comrade duterte's political capital has been diminished. Marcos Junior will consolidate power and it is HIS agenda and not the duterte's that will be carried. I anticipate that Sara will be marginalized as the Marcos'es will not allow anyone to have due influence on the government. Ano ba ang power base ni Sara ?

Oo may iilang congressmen and senators beholden to her and her father's but the Marcos have more allies in either chamber. 

Yung kasunduan nila ni Marcos Jr. before the elections ? Mawawalang bisa yan. Sara is a threat to the Marcos'es and mark my words sometime in the future maybe eliminated.

[Centurion328]

Sana matuto ka magbayad ng tamang buwis.

[silverboy123]

Philippines national debt 1961 was $0.36b. do you know what it was at 1986? $28.26b! go figure you it out for yourselves. Do you not see how big that jump that is? 2022 na, tayo pa rin ang nag babayad ng tax sa inutang nila, we will still be paying that tax till 2025! Ano?! BBM pa?

 

[hit05]

1 minute ago, silverboy123 said:

Philippines national debt 1961 was $0.36b. do you know what it was at 1986? $28.26b! go figure you it out for yourselves. Do you not see how big that jump that is? 2022 na, tayo pa rin ang nag babayad ng tax sa inutang nila, we will still be paying that tax till 2025! Ano?! BBM pa?

 

The problem of debt happened because the gold standard had been dismissed. The soaring of debt came from both economic growth and world military conflicts. Economic growth climbed to new highs and mining of metals just cannot keep up with the frenzy of activities too. If you do not believe, then focus on what is going on in the USA today. 

 

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.  This choice of REAL ESTATE property soared in value. By the time Marcos was in exile, 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 easier and at lower interests because they have good standing. On the other hand, the Hidden Wealth was a lot more than its value prior to 1986 and if the deal went through, it would have been profitable for Americans to have the choice collection of prime estate.  The exchange would have been clearly a win win situation. 

 

Yet Cory, without consulting at least SGV or the Filipino banker community, instantly decided to  ask for more debts WITHOUT retiring the existing debt. Her response was to ultimately add more debt burden instead. She made her decision during a recorded or HISTORICAL speech, in front of the US Congress.  In the meantime the PCGG failed to liquidate Marcos' assets. The PCGG created legal impediments by sequestration of the assets, freezing them to prevent use and disposal.  The PCGG got no provision for security and maintenance and allowed the sequestered assets to deteriorate physically over the years. From 10 Billion dollars, the assets today lost 8 Billion dollars in value due to poor security and maintenance.  Moreover the real estate bubble that happened in the 1980s burst a few times since, leaving these once prime estate collection in physical ruin and neglect and a heavy tax burden that they now ask the heirs of Marcos to pay.

[I am Vengeance]

Congrats and Good luck! God Bless the Philippines!

[K0RN - RETIR3D]

From the first comment of PRRD's Thread....

 

[silverboy123]

On 5/14/2022 at 4:11 AM, hit05 said:

The problem of debt happened because the gold standard had been dismissed. The soaring of debt came from both economic growth and world military conflicts. Economic growth climbed to new highs and mining of metals just cannot keep up with the frenzy of activities too. If you do not believe, then focus on what is going on in the USA today. 

 

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.  This choice of REAL ESTATE property soared in value. By the time Marcos was in exile, 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 easier and at lower interests because they have good standing. On the other hand, the Hidden Wealth was a lot more than its value prior to 1986 and if the deal went through, it would have been profitable for Americans to have the choice collection of prime estate.  The exchange would have been clearly a win win situation. 

 

Yet Cory, without consulting at least SGV or the Filipino banker community, instantly decided to  ask for more debts WITHOUT retiring the existing debt. Her response was to ultimately add more debt burden instead. She made her decision during a recorded or HISTORICAL speech, in front of the US Congress.  In the meantime the PCGG failed to liquidate Marcos' assets. The PCGG created legal impediments by sequestration of the assets, freezing them to prevent use and disposal.  The PCGG got no provision for security and maintenance and allowed the sequestered assets to deteriorate physically over the years. From 10 Billion dollars, the assets today lost 8 Billion dollars in value due to poor security and maintenance.  Moreover the real estate bubble that happened in the 1980s burst a few times since, leaving these once prime estate collection in physical ruin and neglect and a heavy tax burden that they now ask the heirs of Marcos to pay.

Thank you for this. Where did you find this? i would like to do more research about it. Would love to ask my former profs in Ateneo about it.

[silverboy123]

On 5/11/2022 at 4:23 PM, FF said:

as i expected ... panay alipusta lang walang laman ! ahahahahahaha. I  rest my case .

Dyan sila magaling eh. Pinagtatawanan ang mga kakampink na umiiyak sa pagkatalo ni Leni? Not knowing that ilan sa mga kakampink na yan, natutulog sa malalambot na kama sa loob  kanilang airconditioned room... may sasakyan, may trabaho, edukasyon, insurance, may savings, may kakahayaan mag abroad at may masarap na ulam. 

Kayo at mga katulad nyong lugmok sa hirap ang iniiyakan. Ang election na ito sana ang sasalba sa kinabukasan mo. ang pag-asang makaahon sa hirap at maiingat ang estado ng iyong pamumuhay ang namatay at ngayon ay pinagluluksaan.

Sige! tumawa ka and enjoy the life you deserve.