Mandatory Profit-Sharing for Employees?

[uls]

Northern Samar Rep. Emil Ong, committee on labor and employment chairman, yesterday said Congress must look into distribution of wealth as many are complaining that only employers are getting rich.

you'll know a politician is a socialist when he uses these 3 words -- distribution of wealth

[vinj]

you'll know a politician is a socialist when he uses these 3 words -- distribution of wealth

So how's the distribution of wealth in the Samar area going along?

[uls]

hahaha

here's how the govt distributes wealth in that region

55,000 poor families in Eastern Visayas listed as new beneficiaries of 4Ps | Sun.Star

Saturday, March 17, 2012

PALO, Leyte -- More than 55,000 poor families in Eastern Visayas were listed as new beneficiaries of the expanded Pantawid Pamilyang Pilipino Program (4Ps).

The five-year poverty alleviation program now covers a total of 240,909 households.

In a signing of memorandum of agreement with local chief executives on Thursday, the Department of Social Welfare and Development (DSWD) said that with the expansion, the program now covers 91 percent of villages in the region.

Of the 55,405 new household beneficiaries, 16,603 are in 14 towns and one city in Eastern Samar; 13,200 in six towns and one city in Leyte; 12,356 16 towns and one city in Southern Leyte; 9,823 in four towns of Northern Samar; and 3,063 in five municipalities of Biliran.

“We started in 2008 in 10 areas of Northern Samar. Expansion has covered 115 more cities and municipalities in the region between 2009 to 2011. This year, we are covering a total of 240,909 household beneficiaries out of the 335,208 families identified in the National Household Targeting System,” said Letecia Diokno, DSWD regional director.

Diokno said the coverage has been consistently increasing since the program launching in 2008. In 2009, 4Ps has reached 25 new areas in Samar. After a year, the program has covered 36 new municipalities in Biliran, Eastern Samar, Leyte, and Southern Leyte.

Last year, the conditional cash transfer has expanded to 54 towns in Biliran, Eastern Samar, Leyte, Northern Samar and Samar.

as we all know the government's conditional cash transfer program targets the poorest of the poor

[uls]

yan pala mga constituents ni Northern Samar Congressman

[111prez]

yayaman na ang samar pag si boy abunda na ang magiging gobernor doon

:hysterical:

[4wrider]

Agricultural tenancy in the country which is similar to profit sharing scheme tends to work against the farmers. Hacienda Luisita, Inc. presently practice a profit sharing scheme in the form of Shares Distribution Option has kept the farmers poor while allowing the Cojuangcos to live affluently without working much.

[niky]

Farming is naturally not profitable unless you have a lot of land.

Where do you see rich farmers? In first world countries where each farmer has huge plots to farm.

Here we keep subdividing plots till they're barely break-even in size.

[vinj]

Here we keep subdividing plots till they're barely break-even in size.

It still roots with our Sari-sari store mentality it seems.

A Heritage of Smallness (Nick Joaquin)

A Heritage of Smallness

[Retz]

on a side note, sana ma encourage din mga pinoys to become entrepreneurs.

[marg]

Apple Computer, born in the garage, is now a $550,000,000,000.00 company.

on a side note, sana ma encourage din mga pinoys to become entrepreneurs.

Hindi sa culture ng mga Pinoys to be Entrepeneurial. Unlike the Americans, Jews and the Chinese.

Ang dream ng Pinoy is to have a high paying, cushy job working under a benevolent boss.