Results 321 to 330 of 499
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June 17th, 2014 10:47 PM #321
Lee Kuan Yew on Philippines
By Ramon J. Farolan
Philippine Daily Inquirer
3:01 am | Monday, September 26th, 2011
He relates how on one visit, Marcos took him on a tour of his library filled with volumes of newspapers as well as volumes on the history and culture of the Philippines. His campaign medals were displayed in glass cupboards. “He was the undisputed boss of all Filipinos. Imelda, his wife, had a penchant for luxury and opulence. When they visited Singapore before the Bali Summit, they came in style in two DC-8s, his and hers.”Outrage over the Aquino assassination resulted in foreign banks stopping all loans to the Philippines which was in hock by over $25 billion and unable to pay the interest due. “He [Marcos] sent his minister for trade and industry, Bobby Ongpin, to ask me for a loan of $300-500 million to meet the interest payments. I looked him straight in the eye and said, ‘We will never see that money back.’ He added that ‘what was needed was a strong, healthy leader, not more loans.’”
Later on in Brunei, Lee Kuan Yew would say the same thing to Marcos himself. “As soon as all our aides left, I went straight to the point that no bank was going to lend him any money. They wanted to know who was going to succeed him if anything were to happen to him… Singapore banks had lent $8 billion of the $25 billion owing. The hard fact was they were not likely to get repayment for some 20 years….he admitted that succession was the nub of the problem. If he could find a successor, there would be a solution. As I left, he said, ‘You are a true friend.’ I did not understand him. It was a strange meeting.”Culture of the Filipino people.
“The Philippines had a rambunctious press but it did not check corruption. Individual pressmen could be bought, as could many judges. Something had gone seriously wrong. Filipino professionals whom we recruited to work in Singapore are as good as our own. Indeed, their architects, artists, and musicians are more artistic and creative than ours…
“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.”
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June 17th, 2014 10:53 PM #322
Unfortunately you missed a lot of points. You pitched in Erap, very irrelevant, when the reason I compared Bongbong and Magsaysay is because they are sons of former presidents, from pre-martial law to martial law. Magsaysay perceived as one of the best president and Marcos as one of the worst.
You are referring anything you cant comprehend as bs? You must had a lot of bs in your life.
If FB was created in 2004 and if that Marcos fanpage in Facebook you are referring is also created in 2004, which I doubt, then the so called Marcos fans you are talking are only between the ages of 10 to 25. Youth at those age dont give a damn about Marcos, more so waste their time searching Facebook for Marcos history. Most likely they will waste their time playing DOTA. Do I sound like Im 25 years old?
Its really amusing of all the available history sources in the www, you picked an FB arcticle and you even bothered to look at it. Unbelievable learning habit.
I already said my piece in my previous posts, back read.
I will not spoon feed history to you, they are learned as you age. If you think your ABS-CBN history education is not adequate there is a public library. If you don't know what a library means, google it, its not in facebook.
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June 17th, 2014 10:59 PM #323
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June 17th, 2014 11:11 PM #324
During the martial law years, we can't buy imported goods, only available in Dau. Many people wallowed in poverty, while the Marcoses party in the palace. The kids of Macoy & his cronies had the run of the town. They can even kill just for the fun of it. I know of some people being beaten up by Bongbong body guards just because they stared at his date.
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June 17th, 2014 11:16 PM #325
Umalis na si historian, ni wala man lang matinong sinabi.
We're waiting!
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June 17th, 2014 11:40 PM #326
If you are referring to the highlighted post, then most likely, its yes.
There is only one source of Philippine news information in post EDSA-1, and its ABS-CBN.
Its unlikely that Imelda wrote or called Lee Kwan Yew to ask for his permission to bury Ferdinand as hero in the Philippines.
Its also unlikely that Lee Kwan Yew has personal knowledge of the Marcoses ill-gotten wealth ahead of the PCGG findings.
So he cannot state both "pillaged" and "national burial" as his personal knowledge, it has to come from the media.
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June 17th, 2014 11:46 PM #327
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June 18th, 2014 12:17 AM #328
Martial Law was a result of the growing communist insurgency the world oil crisis and the impending global recession. We are not an oil producing country and the much needed oil is bought by dollars and not by pesos. Its a natural strategy to conserve the currency that is needed most and that is the dollar. During those years importing non-essential commodity is not good for the economy especially if the world is in recession.
The DAU and Olangapo PX stores are there because of the US bases, they are to cater for US servicemen, base employees and their families. You can buy some imported stuff but most activity happened in the side streets where second hand sometimes brand new US supplies are being sold, from underwear, military jackets to raybans (very popular) and to some extent, c-rations.
Poverty is not a monopoly of the Martial Law years, it actually gone worst these days.
It is true that the Marcoses especially Imelda lived extravagantly during those years , who didn't, every administration has a ghost to hide. The difference is, during those years (1972-1981), the streets of M.Manila were safer than today. education is guaranteed (UP student then, dont commit suicide because of poverty) , labor is protected (unionism started during the martial law years), jobs in the government abounds, although the govt salary then is around P800/mo, but fare at that time is only 10c. Despite the scale of corruption, major infrastructures where built, most were already mentioned in this thread. And lastly, the government then served for the people, you wouldn't hear phrases like "kung gusto ninyo ng walang brownout magbayad kayo ng mahal".
Peace and order? people then got killed because they are subversive, hoodlums, criminals and political enemies. Criminals like Ben tumbling became popular because of the scarcity of high profile criminals at that time. Now, Ben tumbling looks like a petty criminal compared to todays standard of criminals. Vhong Navarro got beaten up because someone girlfriend gave him a bj, even consensual *** can put anybody in the hospital today. Poltical enemies, journalist, ordinary people are getting killed more boldly today, some for no reason at all. Now, killing is like a way of life.Last edited by glenn_duke; June 18th, 2014 at 12:26 AM.
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June 18th, 2014 12:28 AM #329
kinda interesting that the worldwide recession was mentioned in the 1980s. local mismanagement, bad economic policies and ballooning deficits just showed its ugly head. too bad for marcos - tapos ang ligaya. LOL
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June 18th, 2014 01:21 AM #330
The assassination of Ninoy is the main catalyst that led to Marcos downfall, not the 1980 recession.
Although the "ligaya" already ended up as early as 1979, when Marcos started to get sick.
And political bickering between the hardliners and the cronies started to divide his administration.
I remember seeing this while buying cheesebread... I told my wife na ang weird na sa Pampanga pa...
Seres Philippines