Comments on: Money for nothing and your checks for free http://www.quezon.ph/2008/06/18/money-for-nothing-and-your-checks-for-free/ Punditry. Politics. History. Commentary. Tue, 16 Mar 2010 05:07:23 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: cvj http://www.quezon.ph/2008/06/18/money-for-nothing-and-your-checks-for-free/comment-page-2/#comment-838825 cvj Sun, 22 Jun 2008 10:47:00 +0000 http://www.quezon.ph/?p=1825#comment-838825 Silent, you're right a lot of confidence has been lost between and among the different sectors of our society. I think it will help if we police our own ranks so that we can rebuild goodwill, which will allow us to take reciprocal actions that we need to achieve our common goal of building a prosperous country. Silent, you’re right a lot of confidence has been lost between and among the different sectors of our society. I think it will help if we police our own ranks so that we can rebuild goodwill, which will allow us to take reciprocal actions that we need to achieve our common goal of building a prosperous country.

]]> By: Silent Waters http://www.quezon.ph/2008/06/18/money-for-nothing-and-your-checks-for-free/comment-page-2/#comment-838372 Silent Waters Sun, 22 Jun 2008 03:47:05 +0000 http://www.quezon.ph/?p=1825#comment-838372 CVJ, Jeg For once the ideas you espouse here appeals to me. :-) The devil is now in the details. Alam mo naman sa atin, mahilig maghanap ng lusot. Minsan nga, iniisip ko, it's in the cultural genes na to find the shortest route to making more money at the expense others CVJ, Jeg

For once the ideas you espouse here appeals to me. :-) The devil is now in the details. Alam mo naman sa atin, mahilig maghanap ng lusot. Minsan nga, iniisip ko, it’s in the cultural genes na to find the shortest route to making more money at the expense others

]]> By: d0d0ng http://www.quezon.ph/2008/06/18/money-for-nothing-and-your-checks-for-free/comment-page-1/#comment-836238 d0d0ng Fri, 20 Jun 2008 16:35:34 +0000 http://www.quezon.ph/?p=1825#comment-836238 Marvin on, "The economic crisis is an inevitable fate of a third world country bereft of food and oil resources." Not a third world country like Thailand on food. Philippines was rice exporter in 70s and ahead of Thailand in any scale then. But no thanks to its corrupt leaders, they always screw up everybody big time giving truth to a Philippines run by Filipinos like hell. Marvin on, “The economic crisis is an inevitable fate of a third world country bereft of food and oil resources.”

Not a third world country like Thailand on food. Philippines was rice exporter in 70s and ahead of Thailand in any scale then. But no thanks to its corrupt leaders, they always screw up everybody big time giving truth to a Philippines run by Filipinos like hell.

]]> By: leytenian http://www.quezon.ph/2008/06/18/money-for-nothing-and-your-checks-for-free/comment-page-1/#comment-835653 leytenian Fri, 20 Jun 2008 04:18:13 +0000 http://www.quezon.ph/?p=1825#comment-835653 bakit ba hindi ko ma type ang initials mo... sorry again CVJ. bakit ba hindi ko ma type ang initials mo… sorry again CVJ.

]]> By: leytenian http://www.quezon.ph/2008/06/18/money-for-nothing-and-your-checks-for-free/comment-page-1/#comment-835652 leytenian Fri, 20 Jun 2008 04:17:25 +0000 http://www.quezon.ph/?p=1825#comment-835652 CBJ, "Leytenian, businesses are more efficient than government as long as the industry they operate in is not susceptible to market failure, and as we can see with the dominance of Microsoft, even the IT industry is not immune from Market failure" agree... i think we have discussed this already... "The government will enhance and promote an independent agency to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy. http://www.quezon.ph/1821/the-return-of-the-sugar-bloc/#comment-829036 CBJ,
“Leytenian, businesses are more efficient than government as long as the industry they operate in is not susceptible to market failure, and as we can see with the dominance of Microsoft, even the IT industry is not immune from Market failure”

agree…
i think we have discussed this already…
“The government will enhance and promote an independent agency to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy.
http://www.quezon.ph/1821/the-return-of-the-sugar-bloc/#comment-829036

]]> By: leytenian http://www.quezon.ph/2008/06/18/money-for-nothing-and-your-checks-for-free/comment-page-1/#comment-835545 leytenian Fri, 20 Jun 2008 02:09:00 +0000 http://www.quezon.ph/?p=1825#comment-835545 buying time? americans do it all the time. buying time? americans do it all the time.

]]> By: Marvin http://www.quezon.ph/2008/06/18/money-for-nothing-and-your-checks-for-free/comment-page-1/#comment-835516 Marvin Fri, 20 Jun 2008 01:42:05 +0000 http://www.quezon.ph/?p=1825#comment-835516 The logic of dole-outs is simply to avoid riots. It is a political solution to an economic problem. Dole-out relief is meant to convince the masses that the economic crunch is not caused by structural or governmental undoing. The economic crisis is an inevitable fate of a third world country bereft of food and oil resources. Dole-out relief is meant to mask the scarcity of management foresight. The danger of dole-out relief happens when the masses have become dependent on it and there is nothing left to dole-out. For thereafter, rioting, which dole-outs intended to avoid, becomes a serious threat again. And thereafter, the logic of dole-outs will be judged as bad logic to begin with. Ultimately, the logic of dole-outs is about buying time, time between the threat of the first riot and the second, and hope, that during that period somebody comes up with a logic better than dole-outs. How about the logic of resignation? The logic of dole-outs is simply to avoid riots. It is a political solution to an economic problem. Dole-out relief is meant to convince the masses that the economic crunch is not caused by structural or governmental undoing. The economic crisis is an inevitable fate of a third world country bereft of food and oil resources. Dole-out relief is meant to mask the scarcity of management foresight.

The danger of dole-out relief happens when the masses have become dependent on it and there is nothing left to dole-out. For thereafter, rioting, which dole-outs intended to avoid, becomes a serious threat again. And thereafter, the logic of dole-outs will be judged as bad logic to begin with.

Ultimately, the logic of dole-outs is about buying time, time between the threat of the first riot and the second, and hope, that during that period somebody comes up with a logic better than dole-outs.

How about the logic of resignation?

]]> By: d0d0ng http://www.quezon.ph/2008/06/18/money-for-nothing-and-your-checks-for-free/comment-page-1/#comment-835335 d0d0ng Thu, 19 Jun 2008 23:33:05 +0000 http://www.quezon.ph/?p=1825#comment-835335 "The 2008 budget has a bigger “allocation” for what is called “special purpose funds” than for the 34 line agencies of the national government: P562 billion for the former as compared to P503 billion for the latter…" Per JB Baylon of Malaya, 68% went to Executive Dept or at least P382 billion. P15 billion subsidy to the poor is less than 4% of Palace pork barrel for 2008. It is a win-win situation. The poor will feel gratitude to the Palace for something they have been paying all these years (as income tax to support the Arroyos pork barrel in addition to the 12% VAT). It is a good political mileage to calm down destabilization. Others get 20% even during difficult times - an opportunity hard to come by. “The 2008 budget has a bigger “allocation” for what is called “special purpose funds” than for the 34 line agencies of the national government: P562 billion for the former as compared to P503 billion for the latter…”

Per JB Baylon of Malaya, 68% went to Executive Dept or at least P382 billion. P15 billion subsidy to the poor is less than 4% of Palace pork barrel for 2008. It is a win-win situation. The poor will feel gratitude to the Palace for something they have been paying all these years (as income tax to support the Arroyos pork barrel in addition to the 12% VAT). It is a good political mileage to calm down destabilization. Others get 20% even during difficult times – an opportunity hard to come by.

]]> By: d0d0ng http://www.quezon.ph/2008/06/18/money-for-nothing-and-your-checks-for-free/comment-page-1/#comment-835315 d0d0ng Thu, 19 Jun 2008 23:03:35 +0000 http://www.quezon.ph/?p=1825#comment-835315 "Mrs. Arroyo, an economist, has deemed it better to give the cash direct to the poor. That way, the rich will continue paying taxes while the poor receive cash benefits." Even Tony Lopez of Manila Times underscored that 20% of the doleouts to the poor will be stolen. Walang sinasanto. Tongpats business as usual. Psst....20%. “Mrs. Arroyo, an economist, has deemed it better to give the cash direct to the poor. That way, the rich will continue paying taxes while the poor receive cash benefits.”

Even Tony Lopez of Manila Times underscored that 20% of the doleouts to the poor will be stolen. Walang sinasanto.

Tongpats business as usual. Psst….20%.

]]> By: KG http://www.quezon.ph/2008/06/18/money-for-nothing-and-your-checks-for-free/comment-page-1/#comment-834409 KG Thu, 19 Jun 2008 08:23:46 +0000 http://www.quezon.ph/?p=1825#comment-834409 leytenian, something about retail ;something related to small businesses as drivers to economy. http://www.trabaho.com/html/career/careerart56.html Ms. Asia´s Waterloo Throughout Southeast Asia, reaction is setting in to the policies of globalization and liberalization promoted by multilateral agencies such as the World Trade Organization (WTO) and the International Monetary Fund (IMF). In Indonesia, small merchants are pushing the government to oppose further liberalization as big foreign marketing giants like French-owned Carrefour have, in a few short years, achieved an overwhelming position in retail trade. In Thailand, small retailers threw their support behind Prime Minister Thaksin Shinawatraís Thai Rak Thai ("Thais Helping Thais") Party during the recent elections. They hope the new government would take up the cudgels for them in their battle against Carrefour, Makro, Tesco, and other giants that are now said to control over 50 percent of retail trade. In the Philippines, the Philippine Congress denationalized retail trade last year, under pressure from the now-ousted Estrada administration. It is likely that, despite some safeguards in the Retail Trade Liberalization Law, the country is poised to repeat the experience of Thailand and Indonesia. This would be tragic since retail is a great absorber of labor. As analyst Rolando Hiro Vaswani points out, with its low barriers to entry, the retail trade sector employs some 11 percent of the work force, or over three million people. "Even the World Bank has warned that the retail trade sector is the economyís safety net," says Vaswani. "It absorbs rural people being displaced from agriculture and urban workers being displaced by industrial downturns. It is the national shock absorber. You open it up to foreign participation and you will likely see a rise in open unemployment, with all the implications for social stability. good news no walmarts yet jc penney went bust and sm is in china! leytenian,

something about retail ;something related to small businesses as drivers to economy.

http://www.trabaho.com/html/career/careerart56.html

Ms. Asia´s Waterloo

Throughout Southeast Asia, reaction is setting in to the policies of globalization and liberalization promoted by multilateral agencies such as the World Trade Organization (WTO) and the International Monetary Fund (IMF). In Indonesia, small merchants are pushing the government to oppose further liberalization as big foreign marketing giants like French-owned Carrefour have, in a few short years, achieved an overwhelming position in retail trade.

In Thailand, small retailers threw their support behind Prime Minister Thaksin Shinawatraís Thai Rak Thai (“Thais Helping Thais”) Party during the recent elections. They hope the new government would take up the cudgels for them in their battle against Carrefour, Makro, Tesco, and other giants that are now said to control over 50 percent of retail trade.

In the Philippines, the Philippine Congress denationalized retail trade last year, under pressure from the now-ousted Estrada administration. It is likely that, despite some safeguards in the Retail Trade Liberalization Law, the country is poised to repeat the experience of Thailand and Indonesia.

This would be tragic since retail is a great absorber of labor. As analyst Rolando Hiro Vaswani points out, with its low barriers to entry, the retail trade sector employs some 11 percent of the work force, or over three million people.

“Even the World Bank has warned that the retail trade sector is the economyís safety net,” says Vaswani. “It absorbs rural people being displaced from agriculture and urban workers being displaced by industrial downturns. It is the national shock absorber. You open it up to foreign participation and you will likely see a rise in open unemployment, with all the implications for social stability.

good news

no walmarts yet
jc penney went bust and sm is in china!

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