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  1. Join Date
    Oct 2002
    Posts
    9,894
    #30
    huwaw, now we're being compared to politicians who supposedly give to charity for the sole purpose of getting elected :waah: aping-api na talaga ako :bwahaha:

    the philippines today is sitting on about USD 66 BILLION in foreign debt. that's a helluva lot of capital, mostly allocated to improve the philippine economy. i wonder where all of it went? i guess the solution is to put more capital in the hands of the people who spent that first 66 billion so wisely...this is getting funnier and funnier.

    the same people, btw, who passed the laws making the philippines one of the most restrictive economies for FDI.

    i wonder how much of that 66 billion actually benefited the poor, and how much worse off the same people would be if not for others who have chosen to help through charity, which at least has a better chance of going to the people who really need help.

    Quote Originally Posted by oldblue
    sa ngaun yan ang tingin natin lahat, investors came in and invested. after all nth generation na tayo ng Filipinos, who knows the truth behind that. what i'm just saying is if you give charity to a local isolated & poor community, then that community becomes productive in say 15 years or so.
    productivity in a sense that it became an expert of halo-halo or chicken inasal or any other unique product, then charity becomes an investment. and like investments, it also takes years to have return (longterm/shortterm) and perhaps zero return (kung nagsara na yun company na nag-charity years ago).

    ......

    yan na kasi ang definition ko ng charity, maybe bec. I read it somewhere before about investments of big businesses. somehow a percentage of their profits are diversified to charity. and I believe that big businesses have been doing this for quite some time now. iba kasi view natin talaga sa charity, parang may religious context. and I understand naman na ganito talaga but try to put yourselves in businessmen's shoes. you'll see.
    ok dude, so i guess we are saying the same thing. yes, i agree that charity can be an investment. many times the donor does not directly benefit, but the community at large benefits, and who doesn't want that? : )

    it's easy for me to put myself in a business' shoes, because as i mentioned before i am on a team of managers that run our company's charitable works and giving campaigns. we do have a budget set aside for grants and donations, but much of our contributions are employee driven (employees choose to donate their time to community works, and we also match any monetary donations from corporate funds)
    Last edited by empy; May 9th, 2006 at 10:47 AM.

The Eagle Will Not Fly Without the Poor