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  1. Join Date
    Aug 2004
    Posts
    22,702
    #1
    Quote Originally Posted by [archie] View Post
    OK lang debt but not to the point of bankruptcy.
    I think a major indicator of the level of bankruptcy is that it took us almost thirty years to pay it back and reduce debt to an easily serviceable level again.

    ---

    Also, as a side note:

    We decry the criminality now, saying that things were better under Marcos? Right.

    I had a grand-uncle who was a police general under Marcos. Had any problems? Call him, it would be fixed, no questions asked. No one could complain... because under Martial Law... who could you complain to if you weren't connected to those in power?

    Know the primary source of protein for fish in Laguna Bay back in those days? Neither do I, but a good secondary source was whoever was dumped over the side of a boat in the middle of the night.

    With all the billions spent on hardware, and with the millions in kickbacks spread between Ver and his cronies (I have in-laws in the military), did they manage to end the communist insurgency? They didn't? Really?

    As a side note, guess why we had so many coup d'etats during Cory's term... and why unrest occasionally surfaces within the ranks... because the same old-boy network in the military that supported Marcos stayed in place after he was ousted. And it's only now, decades later, that we're finally starting to hold them responsible for the billions of pesos of public money they waste on kickbacks and corruption.

    Again... corruption is acceptable? How much is? What level should it be at before it becomes unsustainable? Right before hyperinflation occurs or right after? Or after the country becomes an international pariah thanks to the public execution of a political exile? Where would Marcos have turned? To the US, who could no longer publicly support him? To China or Russa, after being a staunch opponent of Communism? The only "what if" scenario that would even remotely work out is one wherein Marcos doesn't declare Martial Law.

    -

    Mind you, I had a relatively happy life under Martial Law. We lived in constant stress right afterwards, due to the coups, the unrest, the economy. But those are growing pains. For an upper-middle class shielded from the harsh realities and problems of the Philippines, being forced to face the consequences of Marcos's mistakes and sins was a big slap in the face.

    The Philippines is still not in great shape. And so far, we have not had a single President who can hold a candle to someone like Lee Kwan Yew (and laughable to say that his quotes are from ABS-CBN... since they're taken directly from his own book). But then, neither could Marcos. Sorry.

    Ang pagbalik ng comeback...

  2. Join Date
    Sep 2012
    Posts
    842
    #2
    Since napag-uusapan lang naman ang HISTORY, watch this

    AQUINO-COJUANGCO: FACTS THEY DON'T WANT US TO KNOW! - YouTube

    I'll post part 2 later.

  3. Join Date
    Nov 2013
    Posts
    621
    #3
    The difference lies in the culture of the Filipino people. It is a soft, forgiving culture. Only in the Philippines could a leader like Ferdinand Marcos, who pillaged his country for over twenty years, still be considered for a national burial. Insignificant amounts of the loot have been recovered, yet his wife and children were allowed to return and engage in politics. They supported the winning presidential and congressional candidates with their considerable resources and reappeared in the political and social limelight after the 1998 election that returned President Joseph Estrada.”

    I have a copy of "From third world to first" btw.

    If the Marcoses regain high elected positions of the land (one is senator already),there goes your "soft, forgiving culture". Makalimutin at maawain masyado mga Pinoy. Kung sa Hapon yan siguro nag-harakiri na buong angkan sa kahihiyan. Pero sa Pilipinas malakas ang "kung makakalusot, ilulusot" attitude. Sad but true.

  4. Join Date
    Sep 2012
    Posts
    842
    #4
    nagmahal ang kuryente
    nagmahal ang gasolina
    nagmahal ang rice
    nagmahal ang bawang
    nagmahal ang sibuyas
    nagmahal ang pamasahe
    nagmahal matrikula
    nagmahal mga bilihin.......

    aba mahal na mahal kayo ni Penoy hindi nyo halata?

    ...got from fb

  5. Join Date
    Aug 2004
    Posts
    22,702
    #5
    Quote Originally Posted by TopEngine View Post
    nagmahal ang kuryente
    nagmahal ang gasolina
    nagmahal ang rice
    nagmahal ang bawang
    nagmahal ang sibuyas
    nagmahal ang pamasahe
    nagmahal matrikula
    nagmahal mga bilihin.......

    aba mahal na mahal kayo ni Penoy hindi nyo halata?

    ...got from fb
    Find me a single country where inflation doesn't occur. Go ahead.

    And find me any term from any previous presidency wherein inflation even remotely approached the levels it did during the Marcos era?

    Here's a tip, you can't.

    And here's an infographic... based on publicly available information...


    Oh... I'm sorry. FB is a more reliable source, is it?

    Ang pagbalik ng comeback...

  6. Join Date
    Oct 2002
    Posts
    40,557
    #6
    Quote Originally Posted by TopEngine View Post
    nagmahal ang kuryente
    nagmahal ang gasolina
    nagmahal ang rice
    nagmahal ang bawang
    nagmahal ang sibuyas
    nagmahal ang pamasahe
    nagmahal matrikula
    nagmahal mga bilihin.......

    aba mahal na mahal kayo ni Penoy hindi nyo halata?

    ...got from fb
    Jejemon na nag piso net sa kanto nag post niyan sa FB


    Sent from my iPad using Tsikot Car Forums

    #retzing

  7. Join Date
    Aug 2004
    Posts
    22,702
    #7
    Quote Originally Posted by shadow View Post
    Jejemon na nag piso net sa kanto nag post niyan sa FB


    Sent from my iPad using Tsikot Car Forums

    #retzing
    Funny thing, also... the reason tuition fees are going up?

    Because we're paying teachers what they're worth now.

    Back in my days in College, a teacher made minimum wage.

    Then the government got serious about education. They increased teacher salaries in public schools (back then it was minimum wage or just above it) by around 30% (from minimum wage to around 8k, if I recall right)... a lot of schools lost teachers to public schools.

    Now? Public school teachers get about 18-20k pesos a month. That's twice minimum, and more than my wife made as a specialist when she finished her last contract ten years ago. If private schools don't charge as much as they do, they can't compete with public schools for good teachers.

    Education costs money. Before UP was authorized to lease its huge tracts of land to commercial tenants to bolster its income, Congress paid about half of each student's tuition... And even now, with the extra income, UP charges a lot more than it used to. Ateneo and La Salle manage to provide good education because they're not taxed, they rake in tons of income through charity donations AND they have high tuition fees.

    Wanna play? Gotta pay. Don't like high tuitions? Go to cheaper schools and accept that your piso won't get you as good an education as elsewhere.

    All because teachers have to eat, and eating costs money.

    Ang pagbalik ng comeback...

  8. Join Date
    Jul 2006
    Posts
    8,555
    #8
    More popcorn?

    Too shorty

  9. Join Date
    Oct 2010
    Posts
    2,520
    #9
    Its really hard to match the inflation during the early martial law years when it coincided with the world oil embargo that saw the price of crude oil shoots up from under $20/barrel (25 yrs avg) to more than $70/barrel. It was only in 1985 that the crude oil price went below $25/barrel. Minimum wage at that time is below P40/day. Compared that to 2007 when the oil crude price climb up again above $70/barrel where the minimum wage is already around P350/day.

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Things you need to know before idolizing marcos