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Continue reading →: A poem for IBON
Last night, IBON had a solidarity dinner with friends and former staff as part of their 30th anniversary year-long celebrations. I was with IBON for almost 10 of those years. Below is a poem i wrote and read for them last night. It’s also my little way of thanking the…
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Continue reading →: Senate railroaded JPEPA, who’s surprised?
Voting 16-4, the Senate has railroaded Wednesday night the ratification of the JPEPA. The wicked scheme of Malacanang, Miriam Santiago and Mar Roxas was swift and was over in a matter of less than three hours. At 8:30pm, I received a text message from a Senate staff: “Nagbibilangan na dito.…
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Continue reading →: How much is a substantial, one-time oil price rollback? At least P7 for diesel
Since August, media reports listed about nine rounds of oil price rollbacks that have pulled down pump prices of gasoline products by P10.50 per liter and kerosene and diesel prices by P8.50. Prior to the series of oil price rollbacks since August, the last monitored round of price reduction was…
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Continue reading →: Speculation continues to dictate oil price movement
Since August, oil prices have been steadily falling after reaching peak prices in June and July. The monthly spot price of the benchmark Dubai crude fell to $112.86 per barrel in August and drastically further went down to an average of $96.49 from September 1-26. It peaked at a July…
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Continue reading →: VAT: Defending The Indefensible In The Name Of Foreign Debt
First published in Paninindigan, Ang Pahayagan ng Bayan, Jul-Sep 2008 – In her latest State of the Nation Address (SONA), Gloria Arroyo spent a considerable portion of her speech defending the value added tax (VAT), calling it the means for Filipinos to ride out the world food and energy crisis.…
