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Continue reading →: Junking the Marcosian debt policy for people’s needs
Continued from Part 1 Until today, under post-Martial Law so-called democratic regimes, the Marcosian policy of automatic debt servicing and the heavy debt burden continue to cripple the capacity of government to provide sufficient social services and attend to the basic needs of the people. In an earlier research, think…
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Continue reading →: Martial Law legacy: debt servicing, top priority from Macoy to Noynoy
Last September 21, the country marked the 40th anniversary of the imposition of Martial Law by the late strongman Ferdinand Marcos. Those dark years were notorious for the numerous cases of human rights atrocities committed by the military; for the unprecedented cronyism; and for the massive and flagrant ransacking of…
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Continue reading →: A national loss
The Bagong Alyansang Makabayan (Bayan) is holding a tribute today (September 20) to honor the memory of the prominent, respected and treasured human rights lawyer Attorney Romeo T. Capulong. Ka Romy passed away last September 16 at the age of seventy-seven. In its official statement, Bayan described Ka Romy a…
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Continue reading →: No overpricing? Oil review, as usual
As expected, the Independent Oil Price Review Committee (IOPRC) set up by the Department of Energy (DOE) has cleared the oil companies of overpricing and accumulating excessive profits. DOE officials, of course, were very happy with the findings as they affirmed the position of the department that local pump prices…
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Continue reading →: Greed amid calamity
The country’s largest and most profitable firms are oblivious to the devastation being wrought by torrential rains on Metro Manila and various provinces in Luzon. Displaying barefaced greed, oil companies led by Petron Corp. hiked their pump prices, the fifth round in as many weeks since July. Then, the Manila…
