2022 Presidential Elections

[H1Tman]

Tama naman to decline kung yung network ay may shade of bias. Tulad ni Soho, Davila at CNN Phil. na mga anti-Marcos.

At ginagamit lang ng mga network ang mga kandidato for rating and sponsors. Walang for public good kuno, its nothing but purely busines.

How can Marcos promote unity when he does not even want to talk with media perceived as anti?

[Flipo]

Crony capitalism | Philstar.com

Crony capitalism
DEMAND AND SUPPLY - Boo Chanco - The Philippine Star
February 14, 2022 | 12:00am

Competitive investment incentives and even the passage of the Amended Public Service Act that liberalizes foreign ownership in some industries may not be enough to attract more foreign investments into the country.

More than anything else, investors are looking for a level playing field. Our country’s playing field is anything but level. Crony capitalism reigns.

With BBM leading the presidential surveys, local and foreign investors are wondering if the crippling Marcos era crony capitalism will once again be front and center. Our young people should know that crony capitalism thrived during the Marcos years, one reason why the economy eventually skidded.

Definition of terms: Crony capitalism, sometimes called Cronyism, is an economic system in which businesses thrive through collusion between business interests and the ruling politicians.

The Economist defined it this way: In economics, crony capitalism suggests “rent-seeking” or the use of one’s power or connection to gain wealth without actually “making” wealth. Acts connected to this include corruption, bribery, and extortion.

Crony capitalism lingered beyond the Marcos era. It was scandalous during the short Estrada watch. Arroyo and Duterte were not shy about who their favorites were.

Duterte has not yet warmed his seat when he focused on humiliating Roberto V. Ongpin whom he described as an oligarch.

Extreme pressure was put on Ongpin so that by Duterte’s second month in office, Ongpin gave up PhilWeb, an online gaming company, his cherished cash cow he nurtured for years.

“He knew his game was up,” Apa Ongpin, Roberto’s nephew and former executive at PhilWeb, told Nikkei Asian Review.

Nikkei described the impact of that move as sending shockwaves of fear through the country’s business elite.

“Three years on, what Duterte framed as a systemic transformation has come to look more like a personal vendetta.” Later on, ABS-CBN’s fate followed the same vindictive pattern.

Ongpin was forced to sell his PhilWeb shares to Gregorio Araneta III, the son-in-law of Ferdinand Marcos.

“Far from taking down the oligarchy, Duterte’s attack on Ongpin merely transferred some of his wealth to a more powerful family with whom Duterte maintained a strong alliance,” Nikkei observed.

Imagine how much more powerful the son-in-law will be in an administration headed by his brother-in-law!

The other big instance of crony capitalism under Duterte is the shameful way his energy department handled the Shell Malampaya deal. Duterte’s minions ignored the request of Shell for an extension of the contract. Tired of waiting, Shell was forced to sell to a Duterte crony.

The Senate energy committee also investigated the earlier sale of Chevron in Malampaya to the same crony and recommended filing charges against senior energy officials. But Duterte himself insisted the deal is legal.

Screwing a major multinational like Shell to favor an administration crony is brazen. Potential investors will see there is no protection from a crony.

The return of crony capitalism is all but certain if BBM makes it to Malacanang. That’s the system he is familiar with. That’s what he learned from his father.

Crony capitalism during the Marcos era involved big companies like the Cojuangco-controlled PLDT before First Pacific, the sugar trading monopoly, the government insurance brokerage monopoly, the coconut industry monopoly, Philcomsat monopoly and a number of industrial companies.

Supposedly, Marcos entrusted his shares in many of these companies to cronies with the understanding that the shares will be returned to the family when asked. But some of those cronies refused, denying Marcos had shares in their companies.

Will a President BBM force those double crossing cronies to now deliver those shares to them or else?

There is an interesting story on PhilStar business way back on July 28, 2007 about how Imee Marcos lodged a complaint before the Securities and Exchange Commission (SEC), claiming ownership over the shares of a television network supposedly entrusted by Ferdinand Marcos to a Malacanang official.

It gets more interesting.

According to Sen. Nene Pimentel, in a press release dated July 31, 2007, which I retrieved from the Senate website via Google, both Ilocos Norte Congressman Ferdinand “Bongbong” Marcos, Jr. and former Congresswoman Imee Marcos claim they are in possession of documents that will prove their family’s ownership of some of the country’s largest conglomerates.

The joke was that the Marcoses were deeply involved in the mining industry. When they see a list of businesses, they start declaring… this is mine, this is mine, this is mine.

The Washington Post reports that when Imelda Marcos was asked by an interviewer in 1979 how it was that many of their relatives and friends had become so rich, she replied: “Well, some are smarter than others.”

But Imelda was wrong. Their friends were not smart, only greedy.

The Post reports that “more than 100 companies owned by friends of the Marcos family have failed… and many of these firms were taken over by the state when they were unable to repay loans guaranteed by the government.

The failures proved expensive for the taxpayers. The Treasury had to bail out then government-owned PNB and DBP because of soured behest loans granted to Marcos cronies. GSIS had to dispose of non-performing assets. UCPB, a crony-owned bank, also had to be rescued.

“The most damaging impact of crony capitalism,” The Post quotes Dr. Bernardo Villegas, was that it “emasculated the free enterprise system and discouraged a lot of would-be investors by restricting their access to credit and confronting them with unfair competition.”

The failures, banker Vicente Jayme pointed out to The Post, resulted in “large amounts of funds made available to people who were not capable of running their enterprises… they wasted resources badly needed by the system.”

The current money problems of a Duterte crony who had to abort an P8 billion stock rights offering sounds like a Marcos crony failure.

Marcos-style crony capitalism is threatening the country’s economy again.

Expect investors to hold on tight to their money until they know if the new administration, whoever leads it, will guarantee a level playing field and reverse past decisions that favored cronies.

[Monseratto]

[Flipo]

PNOY skipped most of the debates during the 2010 election. since he was also leading the surveys by a large margin.


Noybi during the 2010 elections came about due to factions close to both PNoy and Binay which i was told included some relatives in the Aquino clan.
It was done under the radar even if Mar knew about this his ego about the surveys made him complaisant.

During the 2016 Election there was a movement with the DU30-BBM that even had various pamphlets and paraphernalia.

One thing common in both those elections is that the new Tandem are in good terms with each other.

PNoy, hindi daw dumalo sa 2010 debates?

HINDI TOTOO! Noong December 2009, dumalo si dating Pangulong Noynoy Aquino sa Harapan 2010, ang presidential forum ng ABS-CBN News Channel na ginanap sa University of Sto Tomas.

Noong January 2010, lumahok din si PNoy sa Youth 2010: Boto Para sa Pagbabago, ang presidential forum ng ABS-CBN News Channel na ginanap sa University of the Philippines Diliman.

Noong February 2010 naman, dumalo si PNoy presidential debate ng Philippine Daily Inquirer na nangyari sa UP Diliman.

Mapapanood ang mga presidential debates dito:
- https://www.youtube.com/watch?v=2YkzO9xlNfk
- https://www.youtube.com/watch?v=NcvccwNXRoA
-https://www.youtube.com/watch?v=m_AH1LqCaAw

Sa kanyang column sa The Philippine Star noong January 27, 2022, sinabi ni Alex Magno na hindi daw dumalo sa mga 2010 debates si PNoy. [BASAHIN: ]Pageant | Philstar.com
Ngunit base sa mga nangyari noong 2010 elections, hindi ito totoo.

Una na itong nafactcheck ng Tsek.ph partner natin na Vera Files.

#BantayPeke
#BantayBoto
#FactCheckPH
#FactsFirstPH

Sources:
- Log into Facebook | Facebook
- https://www.youtube.com/watch?v=2YkzO9xlNfk
- https://www.youtube.com/watch?v=NcvccwNXRoA
-https://www.youtube.com/watch?v=m_AH1LqCaAw
https://www.facebook.com/16246182742...9844518441112/

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[glenn_duke]

Fair ba na tawagin silang DUWAG dahil sa pag refuse umattend sa isang forum na alam nilang may bias? Siempre hindi, karapatan at prerogative nila yun, to protect their interest and to make sure na yung political message nila ay hindi ma adulterated , twisted mg isang bias na media.

[Yatta]

Leody De Guzman took up SMNI's invitation

[Flipo]

[emoji841] ABS CBN - Bias/fake news
[emoji841] GMA 7 - Bias/fake news
[emoji841] NEWS5 - Bias/fake news
[emoji841] INQUIRER - Bias/fake news
[emoji841] PHILSTAR - Bias/fake news
[emoji841] BULLETIN - Bias/fake news
[emoji841] RAPPLER - Bias/fake news
[emoji841] CNN - Bias/fake news
[emoji841] BBC - Bias/fake news
[emoji841] GOOGLE - NOT A RELIABLE SOURCE
[emoji841] GUINESS BOOK OF WORLD RECORD - Fake News
[emoji840] MY LOLA SAID - RELIABLE!
[emoji840] MY LOLO SAID - RELIABLE!
[emoji840] MARITES SAID - RELIABLE!
[emoji840] TIKTOK - RELIABLE!
[emoji840] SMNI (Quiboloy) - RELIABLE!
[emoji840] THINKING PINOY PAGE - RELIABLE
[emoji840] VLOGGER NA FEELING JOURNALIST NA LOYAL TO YOUR IDOL - RELIABLE!
Seryoso, bakit ba kayo galit sa katotohanan?

登录 Facebook

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[Yatta]

[glenn_duke]

Funny is, not even 1% of the working class D,E supports Leody and yet brand himself as a symbol of manggagawa. And more than 60% of yhe same working class support bbm. Does this mean , 60% of our voters are magnanakaw.

[Yatta]

Funny is, not even 1% of the working class D,E supports Leody and yet brand himself as a symbol of manggagawa. And more than 60% of yhe same working class support bbm. Does this mean , 60% of our voters are magnanakaw.

Then BBM has nothing to fear then. I-massacre na yan. Pun not intended.

[Ry_Tower]

Para sa mga nagtataka sa decisiom ng comelec.


Non-filing of tax returns became punishable only in 1992 –DOF chief │ GMA News Online

Palusot.com.

COMMONWEALTH ACT NO. 466, effective on July 1st, 1939.
SECTION 73. Penalty for Failure to File Return or to Pay Tax. – Any one liable to pay the tax, to make a return or to supply information required under this code, who refuses or neglects to pay such tax, to make such return or to supply such information at the time or times herein specified in each year, shall be punished by a fine of not more than two thousand pesos or by imprisonment for not more than six months, or both.

Na-amend na lang yan ng ilang beses. In 1977 President Marcos promulgated the National Internal Revenue Code of 1977, which updated the 1934 Tax Code, the basis of CA No. 466. The present tax code is based on that 1977 law.

[baludoy]

so it's a debate between an outlier and an outed "lier"

[baludoy]

best of luck to those pink davaoenos. they're treading dangerous waters w/ their open support for the robredo ticket.

In Davao City’s history of resistance, motorcade for Robredo-Pangilinan was an act of courage | MindaNews

medyo may konting nostalgia for me din iyong accompanying video sa article kasi malapit ako jan dati nakatira bago lumipat sa neighborhood ni presidente. those were bittersweet times.

[uls]

dahil pababa ang covid sa pinas

change career muna si doktor lockdown

[glenn_duke]

dahil pababa ang covid sa pinas

change career muna si doktor lockdown

Mukhang lickdown nayung chance niya maging DOH secretary.. lol...

[kisshmet]

How can Marcos promote unity when he does not even want to talk with media perceived as anti?

fake unity naman ang kay jeprox jr

kung seryoso sya sa unity kuno..bibigay nya na lang ang compensation sa mga martial law victims tutal marami naman silang pera..barya lang yun sa mga marcos pero malaking bagay sa mga nagdusa sa martial law

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[BratPAQ]

https://twitter.com/cnnphilippines/s...ogyrF42LRqG1PA

Pink Sunday aerial view

[Little Missy]

best of luck to those pink davaoenos. they're treading dangerous waters w/ their open support for the robredo ticket.

In Davao City’s history of resistance, motorcade for Robredo-Pangilinan was an act of courage | MindaNews

medyo may konting nostalgia for me din iyong accompanying video sa article kasi malapit ako jan dati nakatira bago lumipat sa neighborhood ni presidente. those were bittersweet times.

Butuan

Katipunan


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[Mask Rider Blac]

Butuan

Katipunan


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Naka-drugs siguro yan..cocaine perhaps

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[glenn_duke]

Butuan

Katipunan


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Ano ba storya nung kotse. Sinira dahil may tarp ni leni? O sirang kotse nilagyan ng tarp?

Kasi kung sinira yung kotse dahil may tarpi ni leni, ay may pagka tanga, dapat inunang sirain ying tarp.
Baka fake news for publicity purposes only..

At tama, malamang naka droga nakaisip nyan.