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Continue reading →: Economy in 2012: Rising joblessness, poverty amid Aquino admin’s claims of growth
In 2012, the dominant theme peddled by the Aquino administration was “good governance is good economics”. The main propaganda line of Malacañang is that the “daang matuwid” (straight path) has created a favorable environment for economic growth that is inclusive. From being the sick man of Asia, the country now…
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Continue reading →: PH water rates among Asia’s highest
We already know that power rates in the Philippines are the most expensive in Asia. What we do not know yet which will certainly make our collective blood pressure rise is that water rates in the country are also among the highest in the region. Using the same 2011 survey…
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Continue reading →: “Growth” built on maldevelopment
Written for The Philippine Online Chronicles The National Statistical Coordination Board (NSCB) reported that the Philippine gross domestic product (GDP) grew by 7.1% in the third quarter of 2012. The expansion was beyond the general expectation of 5.4% and second only to China’s 7.7 percent. Encouraged by the “surprising growth”,…
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Continue reading →: Noynoy relatives actually funded ₱18 M of Akbayan’s whopping ₱112-M 2010 poll expenditures
Akbayan actually received ₱18 million in campaign funds for the 2010 elections from President Aquino’s relatives. RG Cruz of ABS-CBN News reported that Akbayan, which is facing disqualification complaints before the Commission on Elections (Comelec), received ₱14 million from presidential sisters Kris (₱10 million), Ballsy (₱2 million) and Viel (₱2…
