Friday, April 15, 2011

Economics 111

Goverment debt climbs to P4.741T

Article Source: http://www.philstar.com/Article.aspx?articleId=675994&publicationSubCategoryId=66
by IRIS C. GONZALES
dated: Thursday, April 14, 2011

Reaction:
The Article is about the continuing increase of the Philippine Goverment debt and it reaches around P4.741 Trillion.Debt of the Government is just one of the the many and different problems that the Philippine Republic faced today. This debt was first started by our late Presidents, like Carlos Garcia and Diosdado Macapagal, Ferdinand Marcos the one who make the Philippine debt more humongous, Cory Aquino in which to use it as the recovery budget for the new Philippine Republic, and continued by their successors unto the present which is now Benigno Aquino III. These different debts were borrowed from the different Banks and Countries like International Monetary Fund, World Bank, America, United Kingdom and others.

I am not surprised by these kind of news that shown in day-to-day broadcasts. Our Island is just one of the developing countries that holds debt in their own government. There are many country like the developing ones and also the so called Tiger Countries. As one develops and prosper at the same time, they spend more than the estimated budget so that they can implement their projects and run their government.If I may, as to compare my country debts to others, the government has this small fraction of debt than other countries in the world. There are reasons for this problem, its either Lack of Budget or too much spending. And let us not forget the CORRUPTION, because the budget is the first target of the corrupting officials. So much for a problem that being centralized by media.

For me, their solution for now is to plan the perfect estimation and to centralize the manage of the Philippine Budget, to secure the flow of the money in which entrusted to the government by the owners which is the Taxpayers(common people). Use it for the projects and other implementations of the government. The government must see or watch how the budget is use, from the Executive, Legislative, Judiciary, Departments, Commissions, Bureau, Provincial and Local Government, and other branch of the Republic. The Department or Commission that hold this task must be Loyal and responsible to the people, whatever happens. So that Corruption is minimized and be vanished. These kind of strategies that was used long time ago but didn't gave a simple attention by the officials. With these Strategies or Plans, the Government slows or minimized the increasing debt of the Philippine Republic in every year, and possibly pays the debt.

Sunday, December 13, 2009

State of Emergency in Maguindanao (after the Martial Law)

MAGUINDANAO: AFTER MARTIAL LAW, STATE OF EMERGENCY

In an earlier blog I posed the question, “After Martial Law, What?” The Arroyo government answered yesterday, December 13 – State of Emergency .

What do I think about this? First of all I do not know exactly what a”State of Emergency ” really means. It does mean to me at least that the military will continue to hold sway over Maguindanao. Does it also still cover Sultan Kudarat? Having the good of the people in Maguindanao in mind, continued stay by the military would be good. I would also assume that people in Maguindanao and its adjacent provinces would be in favor of the government decision. They are, after all, familiar with the social, political, and cultural situation of Maguindanao.

Martial Law has accomplished several objectives – the most important being the arrest and detention of the principal suspects in the massacre. It also began the important process of searching for and confiscating weapons and defanging the armed power of one dominant clan. It restored a sense of security to ordinary people outside Shariff Aguak, accustomed to seeing a huge retinue of heavily armed escorts and bodyguards speeding through towns and villages to and from Cotabato City .

Assuming that the administration of justice regarding the massacre would now be in the hands of a fearless, independent and credible judicial group, I would like to see the State of Emergency continue the work that Martial Law began. This uncompleted relates fundamentally to the dysfunctions in Maguindanao. Among the agenda still to be done are: continuing military pursuit of suspected perpetrators of the massacre; completing the confiscation of weapons; dismantling all private armies in Maguindanao; establishing credible executive, judicial, legislative , and security systems, beholden to no one but only to the common good; establishing transparency and accountability in government; reforming the electoral process, including the establishment of credible and honest electoral bodies; ensuring that we would have new names and new faces in the next elections that sincerely have the good of he people in mind; protecting candidates, teachers and ballots. And in all these, the military must respect fundamental human rights.

Those are the objectives I believe the State of Emergency should strive to accomplish. I also believe that the Commission on Human Rights, rather than being adversarial, should play the role of a monitoring and evaluative body with legal teeth to bring cases of human rights violations to court. The vigilance of civil society and the moral guidance of religious leaders from all religious traditions are indispensable.

Between now and elections in ARMM and Maguindanao, the social and political groundwork should be laid down for a more free, a more participatory, honest peaceful, and credible elections that would attract candidates who are capable and may not necessarily carry a political name. There are many out there who would like to contribute towards the forming of a new Maguindanao but may be intimidated by the present post-Martial Law situation. It is my hope that the uncompleted agenda to establish the proper ambience for substantive change may be effectively addressed by a State of Emergency .

a WORDS from
+ Orlando B. Quevedo, O.M.I.

Archbishop of Cotabato

Ang AKING BUHAY

Nang iniluwal ako ng aking Ina

Pinangalanan akong “Kristianne Paul”

Ipinagmalaki sa buong Mundo

Minahal ako ng buong-buo

Ako’y isang simpleng bata

Na mahilig makisalamuha

Natutong tumulong sa kapwa

At sa Diyos ay may Pananampalataya

Sa aking Pagbibinatilyo

Nabago ang aking hilig

Dumoble ang aking pagsisikap

Para maabot ang aking Pangarap

Nakita ko ang totoong Mundo

Natutunan kong harapin ang Hamon

Nakita ko ang totoong Kaibigan

At natutunan ko ang Tama’t Mali

Buhay ko’y puno ng kwento

Na hanggang ngayo’y ipinapatuloy

Malukot man o masaya

Puno naman ng makabuluhang yugto