In retrospect, BSP launched its
information drive to demonetize the previous design in 2014, wherein it was
announced that 2015 will be the last year that it will be a legal tender and
2016 will be the year banks can change them. It seemed that it was
Wednesday, December 28, 2016
P23.3 BILLION IN UNCHANGED OLD BILLS: BSP MUST DEFER TIMELINE BY ANOTHER 1-2 YEARS OR NOT DEMONETIZED AT ALL
Did you know that the U.S. doesn’t
demonetize their old bills even if the new ones have more security features?
There is even a law in the US prohibiting demonetization http://www.philstar.com/business/2015/12/13/1532033/demonetization-demonization).
Then why is it that the Philippines’ Central Bank (Bangko Sentral ng Pilipinas
or BSP) is demonetizing Philippine currency given its findings that up to date,
Dec. 28, 2016, over P23.3 BILLION is still in circulation or hasn’t been
replaced?
FIGHT TOBACCO LOBBYING: GOV’T SHOULD QUADRUPLE OR MORE “SIN TAXES” ON CIGARETTES
Smoking tobacco (or cigarette)
kills – this is a fact. Worse, it doesn’t affect just the smoker but those who
inhale the unfiltered, “second-hand” smoke, too. So why haven’t governments,
specifically ours, banned its use?
One reason may be that some in
government are already addicted to smoking and have sympathies with the vice. Another
is the powerful lobbying by big tobacco manufacturers, sellers and growers (lobbying
can take many forms such as persuasion,
Tuesday, December 20, 2016
NO JAIL TIME FOR MINOR OFFENSES: CONGRESS SHOULD PASS A LAW ALLOWING CANING
Caning is a widely-used form of
legal corporal punishment in Singapore. The most severe is judicial-type, this
is for male convicts under the age of 50, as substitute for short prison terms
or in combination with prison terms and fines, for a wide range of offences
under the Criminal Procedure Code. If the offender is under 18, he may receive
up to 10 strokes of the cane, but a lighter cane will be used in this case.
Boys under 16 may be sentenced to caning only by the High Court.
We should emulate the Singaporean,
Malaysian and Brunei form of corporal punishment in our penal code, this way,
we don’t have to imprison those convicted of minor offenses that traditionally
warranted a few months’ imprisonment. This will help ease
Thursday, December 15, 2016
U.S. ACCUSES CHINA OF BULLYING: THE U.S. JUST DON’T WANT THE COMPETITION
The documentary “Princes of the
Yen” that aired on ABS-CBN News Channel (ANC) last night tried to explain how
powerful, moneyed cartels behind international banks that include the Int’l
Monetary Fund, World Bank, European (Union) Central Bank and U.S. Federal
Reserve manipulated and coerced less powerful nations into economic and political
submission. These private groups are so powerful that they have tremendous
influence on western powers (European and U.S. gov’ts) which in turn support
them with economic, political and military might.
When the U.S. says, “you’re our
ally so we will back you up” – it only means that they’re going to go as far as
protecting their self-interests but beyond that, you’re on your own. Or in
other words, “so long as it serves America's interests, you can count
Wednesday, December 14, 2016
THOSE WHO PERPETRATE UNIMAGINABLE VIOLENCE TO INNOCENT VICTIMS HAVE FORFEITED THEIR RIGHT TO LIFE
Just a few weeks’ ago, a CCTV in
Taguig City caught an incident involving an 18-yr. old Adamson University
student, Nick Russel Oniot, walking home who had the unfortunate fate of being
the target of two vicious types of criminals. One perpetrator tried to grab the
victim’s backpack - who instinctively resisted - but instead of using threats
or coercion to make the victim back down, the second perpetrator suddenly and
deliberately stabbed him (13 times) to death. In this case, justice was very
swift – the stabber was caught within 24 hours and killed as he “resisted”
escorting officers during a transfer and the other was also brought into
custody but later died in jail.
On Tues., Dec. 13, 2016, a Grade 10
student in Baguio City, Kenneth Velasco, was brutally stabbed 40 times in what
seemed like a robbery. The measly heist consists of the young victim’s
cellphone and P200 school money. It is unimaginable how
Tuesday, December 13, 2016
CAUGHT IN THE ACT: 2 BI OFFICIALS IN WRONGDOING THINK WE’RE GULLIBLE
The 2 Bureau of Immigration (BI)
Asst. Commissioners, Michael Robles and Al Argosino, were reported to have been
caught by camera (CCTV) in the act of receiving P50 million in bribe money from
a representative (ex-Gen. Wally Sombero) of fugitive Jack Lam but they insisted on denying it. They are now claiming (after their wrongdoing was exposed)
that it was a legitimate “operation” to flush out and catch would-be bribers in
Lam’s group.
Legitimate operation? What
operation? I think that they’re just divulging it only after they’ve been
exposed! Besides, if it was a legitimate operation then proper, timely and
ample notifications (with documentations) should have been done. There’s
nothing
Monday, December 12, 2016
THE MYTH OF A CLASSLESS SOCIETY
Communism, as we all know by now,
is a failed ideology. Why? It was primarily based on the aspirations of a
classless society. A classless society is a myth. A pigment of our lofty
ambitions – and realistically – of our imaginations.
Human society, just like other non-human groups, is naturally
hierarchical. Singapore’s great PM Lee Kuan Yew was merely stating a fact when
he said, “The human being is an unequal creature. That is a fact. All the great
religions, all the great movements, all the great political ideology, say let
us make the human being as equal as possible. In fact, he is not equal,
Thursday, December 1, 2016
5 PHILIPPINE PRESIDENTS ALLOWED FOR MARCOS BURIAL AT LIBINGAN TO HAPPEN
Five Presidents had the chance to pass
a law or an executive order banning the burial of the late dictator and plunderer
at the Libingan ng mga Bayani – but none did. All five presidents are guilty of
political accommodation to the so-called “solid north” either for a chance at a
political truce or votes or something else. No one wanted to bite the bullet by
risking to alienate the (obviously) powerful Ilocano vote but now that Pres. Duterte is
fulfilling his campaign promise, they’re blaming him.
This is a campaign promise that
Pres. Rodrigo Duterte made and now that he has been elected president probably
partly because of it, how can he not fulfill it? We shouldn’t blame Pres.
Duterte because his predecessors chose to deliberately sit
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