Results 1 to 10 of 14
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May 25th, 2009 09:19 AM #1
hehehe web of lies, nahihilo na sila
When news broke that Gloria Arroyo’s assets grew by P44 million in 2008 from 2007, Malacañang’s first instinct was to defend it. Supposedly the President became so much richer because she had sold three hectares of land. Then the Palace realized the mistake. If Arroyo sold land, she must have previously owned it. In which case, it should have been listed in 2007 as real estate asset with corresponding value. Selling it in 2008 would have transferred the asset into the cash column. So to have a P44-million increase in total assets due to land sale, she must have made tremendous profit. But the problem is that no major land transfer with such markup transpired in 2008; otherwise, the buyer would have registered it for titling and Arroyo should have paid equally tremendous capital gains tax. The story wouldn’t hold water. So Malacañang changed it to Arroyo supposedly profiting from stock market placements.
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May 25th, 2009 11:34 AM #3
Last edited by sentra98; May 25th, 2009 at 11:44 AM. Reason: grammar check
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May 25th, 2009 12:44 PM #4
Stock Market!? Galing naman, eh bagsakan sa stock market lalo na noong 2008.
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May 25th, 2009 09:08 PM #5
Sa puro mga kasinungalingan nila, hindi na tuloy nila alam kung alin ang talagang totoo at hindi
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May 26th, 2009 08:41 AM #6
"Tell the truth all the time so that you won't need to remember your lies"....
8000:borg1:
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May 26th, 2009 09:44 AM #8
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June 1st, 2009 08:50 PM #10
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