On the Economy

Imang on Mon, 1st Sep 2008 10:02 pm 



Thanks for uploading this Manolo!

UP n student on Mon, 1st Sep 2008 11:35 pm 



Interesting tidbit provided in one of the slides:

OFW Remittances : moral hazard and dependency
. higher unemployment rates and nonparticipation in the labor force for family members left behind

Master Yoda on Mon, 1st Sep 2008 11:39 pm 



They are good PEST (pol-econ-soc-tech) scans.

But unless I missed it, there was no mention of leveling the playing field by some changes in the rule book. Let’s face it, the present system of election by congresssional districts favor the entrenched interests, their sons and daughters, etc.

How could you have servant leaders and meritocracy when the same set of leaders come from the same oligarchy, just different generations? They will not out-legislate their power. Governors Among Ed and Grace Padaca were exceptional exceptions.

A possibility, why don’t we form a parliament half of whose members come from from sectoral lists?

Pedestrian Observer GB on Tue, 2nd Sep 2008 1:21 am 



Master Yoda,

“A possibility, why don’t we form a parliament half of whose members come from from sectoral lists?”

That was suppossedly the purpose of the party list system until the trapos abused, perverted and mangled the system beyond recognition……….

KG on Tue, 2nd Sep 2008 7:33 am 



Master Yoda,
Are you the one I baptized, or a different one?

ON OFWS,

alam ko ang pinag usapan namin ni HVRDS sa kabilang thread ay just the sad part of the pinay OFWS;
those who are forced to practice the oldest professsion.

it is a good thing the recent wave of ofws are the ones with white collar jobs.

the dependency to ofws can be attested by our OFW commenters.

some countries allow you to bring your whole family,that resolves the broken family issue, ang masama iilan lang yunYung iba me mga trabaho naman ang mga naiwan nila,kaya solved pa din.

pero yung me mga naiwan na maraming kapatid o mga anak na walang trabaho,maging sa probinsya o lungsod;magiging problema nga ang over dependence dahil nakaka addict din ang remmitance tulad ng droga.

KG on Tue, 2nd Sep 2008 7:46 am 



I saw this episode and moderate the greed was again mentioned.

Since malabo na yata mawala ito.
SA DPWH ang three bidder system ay lutong macao;they get one winner and that winner pays of a lttle to the other two bidders aside from the other hatians.

This I know because of certain events that I am privy to.
If you have nothing to offer you are diqualified pronto.

tapos itong BOT.
The swiss challenge usually leaves the original proponent biting the dust,because you must be sure that before making any unsolicited advice everything must be favorable to the government.

The economy,and clinton
I believe it was James CarvilleJr who should be credited for coining:

It’s the economy,stupid!

hvrds on Tue, 2nd Sep 2008 10:14 am 



My favorite trickle down equilibrium scientist is at it again. Trying to revise history that he helped create.

GMA’s policy frame is exactly the same as Eraps and is exactly the same as FVR.

Habito rode the crest of financial liberalization. Erap did not know the gravity of the crisis that FVR and Co. had left him. he made it a little worse. Big Mike and GMA outdid all of them combined.

That wave of financial liberalization crested when GMA overspent and she got lucky with the surplus savings or liquidity that caused this present serious financial crisis.

Name a distinct policy change that GMA put into effect…. It is exactly the same as what Habito had put into effect for Ramos.

Just look at what they gave away for JPEPA. During his time Habito had wanted the Philippines to go all out in the same form of what GMA did in JPEPA with our membership in WTO. Only the Asian financial crisis intervened and now the worlds financial crisis.

Now he is crying about the lack of effective governance. That is sheer lunacy. Mas suave si FVR at kanyang mga barkada sa pangungurakot.

http://www.pcij.org/blog/?p=2517#more-2517

glu gun on Tue, 2nd Sep 2008 12:32 pm 



“Now he is crying about the lack of effective governance. That is sheer lunacy. Mas suave si FVR at kanyang mga barkada sa pangungurakot.”

Kaya nga sabi nya sa isang presentation, moderate greed. he he he.

Anyway, I always prefer moderation over gluttony.

Master Yoda on Tue, 2nd Sep 2008 12:39 pm 



KG,

Nods twice.

murray heasley on Tue, 2nd Sep 2008 5:08 pm 



Dear Manny,

This has no association with the topic in question but since I could find no direct email for you, I have decided to post it here in any event.

You mentioned that the Moro conflict gave rise to the invention of the .45 caliber pistol as the .38 was ineffectual in stopping Moro warriors.

It is true that the .38 was ineffectual but not true that this lead to the invention of the .45. This is not the case, although repeated often as a fact. The weapon used was invented in the early 1870s, the unfortunately named “Peacemaker”(the Colt Single Action Army Revolver)and was revived for the conflict.

The devil is always in the detail and US devilry was no better on show than the massacre at Bud Dajo, March 8, 1906. Marcos repeated the devilry in March, 1968 in the Jabidah massacre on Corregidor.

bloggista on Tue, 2nd Sep 2008 6:30 pm 



We can always rant and complain and dwell on hindsight about governance and politics in our country. But the real challenge is changing the ways most of the citizens are doing. Going into parliamentary form of government still leaves one important question – what do we do to educate the masses about the right choices in politics? Or should we exclude them (esp those who do not pay taxes) from electing government officials?

UP n student on Tue, 2nd Sep 2008 6:59 pm 



it’s not the pistol, it’s the cartridge. .45ACP versus .38Special. The .45ACP was bigger diameter and though the projectile went no faster than a good BB-gun (875feet-per-second), the bigger diameter and heavier slug had better stopping power than the 38-special.

Superb handgun cartridge is the .357magnum which can go through a car’s engine block (reason — faster speed/bigger kinetic energy) but the cartridge put too much pressure on the pistol itself plus the “kick” was tough for some.

9mm parabellum jhp is also excellent, especially if in a reliable pistol with 12 or more rounds. But talking about this only goes so far. Can’t do damage if you do not hit the target.

supremo on Tue, 2nd Sep 2008 9:18 pm 



‘Marcos repeated the devilry in March, 1968 in the Jabidah massacre on Corregidor.’

I don’t think the Jabidah massacre happened at all.

cvj on Wed, 3rd Sep 2008 1:06 am 



Why do people assume that it is the masses who need to be ‘educated’ about the ‘right choices in politics’? That’s typical elitism. What gives anyone the right to exclude others from the right to vote?

supremo on Wed, 3rd Sep 2008 2:31 am 



from Inquirer.net on 2009 budget

‘About P378.87 billion will go to settling principal liabilities and P302.65 billion to pay interest.

Only interest payments are automatically appropriated in the national government’s annual budget. Principal loans are usually paid with borrowed money.

Of the debts to be paid, P200.38 billion is foreign and P481.14 billion is local.’

I’m surprise that some people in the Philippines can cumulatively have P481.14 B in cash and lend it to the government instead of investing in enterprises that generate employment.

jcc on Wed, 3rd Sep 2008 3:20 am 



reason for some pinoys to seek Overseas employment because there is none in the country. dependents of these OFW did not participate in labor force because there are no labor opportunities not because they were contented being recepient of doleouts from their relatives working abroad.

supremo on Wed, 3rd Sep 2008 3:34 am 



jcc,

‘dependents of these OFW did not participate in labor force because there are no labor opportunities ‘

Properly educated people will not quit looking for a source of livelihood.

jcc on Wed, 3rd Sep 2008 3:39 am 



“I don’t think the Jabidah massacre happened at all.” -Supremo.

Please read this interesting link because I was in High School when I learned about this Jabidah Massacre and about one Captain Martillano, the supposed CO of this Project.

http://alaykayresilmojares.blogspot.com/2005/03/jabidah-massacre-1968.html

jcc on Wed, 3rd Sep 2008 3:43 am 



SUPREMO,

if OFW had kept on looking for jobs in their country, their families could have starved to death.

supremo on Wed, 3rd Sep 2008 3:53 am 



jcc,

That’s I didn’t specify a location when I said ‘will not quit looking for a source of livelihood.’ The Philippine education system is churning out too many quitters.

jcc on Wed, 3rd Sep 2008 4:46 am 



Supremo,

Please stay on focus: One of the slides by Manuel Alba and cited by UP n Student:

“OFW Remittances : moral hazard and dependency
. higher unemployment rates and nonparticipation in the labor force for family members left behind”. x x x

presents a scenario where dependents of OFW do not become part of the Philippine labor force because they seemed to be contented as recipients of doleouts, that is what i get from the slide or Mr. Alba and from the comment of UPn Student. I commented by saying that it could be the lack of labor opportunities in the country. You replied that they should also become OFW ? by not quitting to look jobs… here or abroa? , that is where you lost me.

supremo on Wed, 3rd Sep 2008 4:56 am 



jcc,

They can become OFWs or entrepreneurs here or abroad just don’t stop looking for a source of livelihood. Quitting is not an option.

AdB on Wed, 3rd Sep 2008 5:41 am 



A highly informative briefing…

leytenian on Wed, 3rd Sep 2008 5:51 am 



Islands of Good Governance

“How can a country with such incredible potential for rapid development, an outward-oriented economy, located in the fastest-growing region in the world, not produce outstanding development outcomes? With its rich natural resources, dynamic and talented people, and, at least on the surface, development-friendly economic policies, why has the Philippines not achieved faster growth and more significant poverty reduction in the last 30 years?

The answer that we heard was that WEAKNESS in governance and weakness of public institutions to work for the common good were holding back the equitable and efficient allocation of resources, depriving the people of public services, and the country of a reliable investment climate that would encourage rapid growth.”

http://opinion.inquirer.net/inquireropinion/columns/view_article.php?article_id=86703

I agree with cvj that it is NOT the masses who need to be ‘educated’ about the ‘right choices in politics.

jcc on Wed, 3rd Sep 2008 5:58 am 



does anyone doubt that the masses need to be educated too? –

we have two groups of leaders/politicians: the demagouge types and the statesmen… but less of t he latter. the irony is we often mistake one for the other and that is our tragedy as a nation.

Renato Pacifico on Wed, 3rd Sep 2008 6:11 am 



Look, don’t blame the leaders/politicians. People elected them based on pekeng-periodistas coverage, biases and assements.

If Filipinos are properly informed by pekeng-periodistas, Filipinos would have chosen the competent, honest ones.

Since pekeng-periodistas are low-iQ-low-life-3rdWorld-Asian Trash so are the people elected by Filipinos.

leytenian on Wed, 3rd Sep 2008 6:17 am 



does anyone doubt that the masses need to be educated too?

the masses can be educated by making them aware that our politicians are not skilled enough to implement good governance but this is a lot of work. There are short cut to monitoring good governance.

“The Philippines’ ratings in the world governance indicators were poor compared to its Asian peers, dragged by weak political stability and corruption control, according to a World Bank report released on Tuesday.

In its Governance Matters 2008 report, the Washington-based lender said the Philippines scored lower in the overall Worldwide Governance Indicators (WGI) compared to its Asian neighbors, but better than Vietnam and Indonesia.”

The indicators capture six dimensions of governance for more than 200 countries and territories in 2007. The six dimensions are
1.voice and accountability,
2.political stability and absence of violence or terrorism,
3. government effectiveness,
4. regulatory quality,
5. rule of law
6. control of corruption.

leytenian on Wed, 3rd Sep 2008 6:32 am 



Education to the masses will start at elementary. This type of education is a long term solution to our problem.

For short and medium term like 2010, the six dimension of governance indicators are targeted to our governing bodies – executives, congress and supreme court.

The media will play a great role to support good governance by publishing governance indicator results, either quarterly or monthly. Yearly will make one senator get way with it.

leytenian on Wed, 3rd Sep 2008 6:42 am 



Our role here as bloggers is to support Manolo to have a show about islands of good governance and review the numbers to see if there’s improvement from previous quarters. Manolo may invite a representative from the department of education on how they can implement awareness that GOOD governance is crucial to our mission and vision—

RP’s governance indicators lag in region: June 2008
http://www.manilatimes.net/national/2008/june/25/yehey/top_stories/20080625top6.html

jcc on Wed, 3rd Sep 2008 7:31 am 



Leytenian,

We are in for a long haul. Education starts from Elementary School and from our home.

We cannot shortcut our education. Overnight we cannot educate the masses. The mainstream media had kept our people in the dark because they are the tools of vested interest and our politicians.

Our role as bloggers is to help educate our people, unfortunately, some bloggers need to be educated too.

UP n student on Wed, 3rd Sep 2008 10:23 am 



pseudo-payraise for dependents who receive monthly $$$ from an OCW relative. Peso drops… P46.60 to US-dollar.

Kutkkut on Wed, 3rd Sep 2008 11:13 am 



The Jabidah massacre could happen for any reason at all. Inang, a Simunul lass, taller than myself, an Arabian beauty, coming from her highschool at Bongao when I met her with her husband a patrol boat crewmember and a Christian. It didnt take long when Abdul Latif bought her from her father with an AR16 and other perks to add to a muslim wife on his recruitment there.

supremo on Wed, 3rd Sep 2008 11:22 am 



Where is Ed Martelino aka Abdul Latif?

rego on Wed, 3rd Sep 2008 12:03 pm 



I agree with cvj that it is NOT the masses who need to be ‘educated’ about the ‘right choices in politics.

I strongly disagree, CVJ is just being true to form in his being anti elitist and very divisive. The masses should not be exempted from the educating process and so does everybody.

Its everybody concern to educate themselves of the right choices in. politics. yes that includes CVJ and me. .

Di na kailangan pag hatiin pa ang mga tao sa masa at sa elitista.

hvrds on Wed, 3rd Sep 2008 1:22 pm 



The question was about the economy and we segued into education.

It is clear that many here still do not know the difference between a slogan, policy and program.

Educate the masses is a slogan. Educate all is all slogan.

There also seems to be lunatic fringe here who do not understand what they write.

Please note the ffg. piece on the Pallin choice

” If McCain is elected, he will face conditions tailor-made to foster disorder. He will be leading a divided and philosophically exhausted party. There simply aren’t enough Republican experts left to staff an administration, so he will have to throw together a hodgepodge with independents and Democrats. He will confront Democratic majorities that will be enraged and recriminatory.”

“On top of these conditions, he will have his own freewheeling qualities: a restless, thrill-seeking personality, a tendency to personalize issues, a tendency to lead life as a string of virtuous crusades.”

“He really needs someone to impose a policy structure on his moral intuitions. He needs a very senior person who can organize a vast administration and insist that he tame his lone-pilot tendencies and work through the established corridors — the National Security Council, the Domestic Policy Council. He needs a near-equal who can turn his instincts, which are great, into a doctrine that everybody else can predict and understand.”

“Rob Portman or Bob Gates wouldn’t have been politically exciting, but they are capable of performing those tasks. Palin, for all her gifts, is not. She underlines McCain’s strength without compensating for his weaknesses. The real second fiddle job is still unfilled. ”

David Brooks NY Times…

http://www.nytimes.com/2008/09/02/opinion/02brooks.html?em

And on the tax policy issue….

The differences between tax bracket and tax rate and the marginal tax rate.

The difference between corporate tax rates and personal tax rates. Corporates get a lot of tax breaks.

The you have capital gains tax rates and dividend tax rates. I would hazard a guess that no one who participates in this blog is in the top income tax bracket and is taxed at the maximum tax rate of 35%.

Yet they all talk about the slogans of the politicos.

“Mr. McCain wants to preserve almost all the Bush tax cuts, and add to them by cutting taxes on corporations. Mr. Obama wants to roll back the high-end Bush tax cuts — the cuts in tax rates on the top two income brackets and the cuts in tax rates on income from dividends and capital gains — and use some of that money to reduce taxes lower down the scale.”

“According to estimates prepared by the nonpartisan Tax Policy Center, those Obama tax increases would fall overwhelmingly on people with incomes of more than $200,000 a year. Are such people rich? Well, maybe not: some of those Mr. Obama proposes taxing are only denizens of lower Richistan, although the really big tax increases would fall on upper Richistan. But one thing’s for sure: Mr. Obama isn’t planning to raise taxes on the middle class, by any reasonable definition — even that of the Bush administration. ” Paul Krugman NY Times

http://www.nytimes.com/2008/08/22/opinion/22krugman.html

hvrds on Wed, 3rd Sep 2008 1:51 pm 



Questions from a heterodox economist. Why is this type of information critical to even the few who can think not available in the mainstream media.? Instead the media just listens to the quacks like Habito and Alba. How did free trade become a dogma????

Is free trade always the best policy? Should developing countries open
their financial systems? Do foreign-exchange controls serve any useful
purpose in our globalized world?

Anyone who reads economics knows that it is often aridly impervious to
the cultural specificities and political constraints that shape
real-world events. Pages filled with equations describe a world not of
fallible people and imperfect governments, but of “agents” and
“actors” who are supposedly as rational as Star Trek’s Mr. Spock.

The dominance of neoclassical economics has led to a rigid belief that
free trade, small government, lower taxes, and financial openness are
appropriate at all times and in all circumstances. But a few dissident
economists, observing how and why countries actually develop, have
been chipping away at this orthodoxy.

Dani Rodrik, a professor at Harvard University’s John F. Kennedy
School of Government, is one of this movement’s most imaginative and
creative thinkers. He is a leading authority on globalization and
economic development, and his unconventional yet rigorous analyses
have helped undermine the Washington Consensus. A “clinical”
economist, he has advocated heterodox development policies and a
social-welfare agenda to complement globalization and allow developing
countries to withstand the financial crises that have swept over them
during the past two decades.

Why doesn’t the public buy the economists’ advocacy of free trade?

http://rodrik.typepad.com/dani_rodriks_weblog/2008/03/why-doesnt-the.html
His main argument is that the standard renditions

“gloss over a key issue the resolution of which is anything but
obvious: What does it mean for a change in economic circumstances to
be “good for the nation as a whole”, even when some members of that
nation are hurt by the change?”

“In other words, instead of sticking to what they are good
at–analyzing trade-offs–economists typically engage in amateur
normative political theorizing about what is good for society.”

http://rodrik.typepad.com/dani_rodriks_weblog/2007/09/deconstructing-.html

inodoro ni emilie on Wed, 3rd Sep 2008 3:30 pm 



Why do people assume that it is the masses who need to be ‘educated’ about the ‘right choices in politics’? That’s typical elitism. What gives anyone the right to exclude others from the right to vote?

the fact of reality is this: the masses will elect their leader. the odd fact is this: the elite decides who get to sit on the seat of power. how democratic, no?

UP n student on Wed, 3rd Sep 2008 5:52 pm 



bloggista asks:
..should we exclude the masses (esp those who do not pay taxes) from electing government officials?

The Ca t on Wed, 3rd Sep 2008 6:41 pm 



And the good economist should be educated that it is not only the OFWs who are sending remittances. It is the OF or overseas Filipinos.

He should be able to distinguish the difference between OFW , a term used in lieu of OCW or Overseas Contract Workers to overseas Filipinos who are already immigrants or citizens of their adopted countries and yet send the remittances.

Nurses who come to the US are no longer OFWs since they are given green cards before they leave the Phils, never to return since they can apply for citizenship and yet they send money to the Philippines.

When OFWs leave the PHilippines to work in other countries, they go via Department of Labor, immigrants don’t.

Many Filipinos in the US who send remittances are not OFWs since it is difficult to get working visas in the US these days.

If there OFWs, they number only a few thousands. The million remitters are already permanent residents or citizens . Besides there are also Filipinos in the US who are business owners and they also do business in the PHilippines, thus the term OFI. Overseas Filipino investors.

UP n student on Wed, 3rd Sep 2008 6:42 pm 



“Don’t throw the baby out with the bath water” Remember that some of the masa had voted like you had voted. [Of course, some bloggers wish they had not voted like they had voted.]

grd on Wed, 3rd Sep 2008 7:22 pm 



In Thailand, here’s what the protesters want:

The alliance and their sympathizers—monarchists, the military and the urban elite—complain that Western-style democracy of one-man, one-vote gives too much weight to Thailand’s rural majority, whom they consider susceptible to vote buying that breeds corruption.

They want a roll back of Thailand’s democratic gains of the post-1973 dictatorship era to make Parliament a body in which most lawmakers are appointed and only 30 percent elected.

http://yorkdispatch.inyork.com/yd/nationworld/ci_10348422

strange, thais prefer their govt run by dictators.

UP n student on Wed, 3rd Sep 2008 8:22 pm 



grrd: a direct quote from what you quoted. The protesters …complain that Western-style democracy of one-man, one-vote gives too much weight to Thailand’s rural majority… breeds corruption.

nash on Wed, 3rd Sep 2008 8:32 pm 



“I would hazard a guess that no one who participates in this blog is in the top income tax bracket and is taxed at the maximum tax rate of 35%.”

Our companero Bencard probably is. He often mentions how expensive a lawyer he is.

cheers

jcc on Wed, 3rd Sep 2008 9:04 pm 



Excuse me for being slow, but HVRDS has cited a lot of links and authorities but I cannot determine if he is pro-Mccain or Pro-Obama, pro tax or for tax shields, pro international trade or anti.

Bottomline is: there are always two sides of the issue.

Tax cuts and less government is conducive to private entrepreneurship, which is the American spirit. Tax on businesses will be shifted finally to consumers, the ordinary working people. Hear the buzz word: “I will raise my price or your rental because of the tax burdens of the government”.

Taxes will be used by the democrats to finance their health program. Those that cannot afford private health care because they have no income either because of vice or drug problem. On top of this, to support a growing number of single parents who instead of going to school, have the prioritized promiscuity in their pre-teen years. As a way of atoning for using taxpayers’ money to support single parents, democrats would offer a quick solution by aborting the babies.

On international trade:

International trade has trade-offs. It competes with local industries and bad for the local industries. The plus side is that consumers could benefit for cheap products produced in an “assembly-line” fashion.

International companies tend to relocate in third world countries to avail of cheap labor. In the light of the fact that third world economies suffer from severe unemployment problem, the jobs created by international companies is better than no jobs at all. The labor is cheap only if you compare it to the labor cost if these companies would produce the product in developed countries. But the income of the locals is competitive if not higher than the comparative wage in the area for the same job. i.e. “engineers hired by a local Intel company in EPZA Cavite receive higher income than most engineers hired by Meralco.

Political sloganeering is better, I think, than discussing international trade and international politics without the pros and cons and still manage to create an aura of intellectual superiority than all the other bloggers here.

nash on Wed, 3rd Sep 2008 9:09 pm 



“have the prioritized promiscuity in their pre-teen years”???

PRE-teens having sex????

jcc on Wed, 3rd Sep 2008 9:32 pm 



nash,

that’s a hyperbole just to hihglight the point that promiscuity in teenagers in the US is still a problem, though there is some data that compared to last year, it is down this year.

grd on Wed, 3rd Sep 2008 9:54 pm 



UPn, you should read between the lines. when I said “thais”, I’m not actually referring to the rural majority (or the masses) but to those ___ protesters (maybe cvj can supply the missing word).

Why do people assume that it is the masses who need to be ‘educated’ about the ‘right choices in politics’? That’s typical elitism. What gives anyone the right to exclude others from the right to vote?

mas masahol ba ang mga elitista sa thailand? while some filipino “elites” want to educate the filipino masses, some thai “elites” want to take away the votes of their masses to get rid of corruption.

nash on Wed, 3rd Sep 2008 9:54 pm 



it’s only a problem if they don’t use contraception.

nash on Wed, 3rd Sep 2008 9:55 pm 



@jcc

and ps. what is this data of which you speak? there is data on the number of teens having sex and it’s down this year??? people are having less sex?

cvj on Wed, 3rd Sep 2008 10:06 pm 



grd, mas garapal ang mga elitista sa Thailand, although we also have similar sentiments about removing the vote of the masses coming including the one above…

Or should we exclude them (esp those who do not pay taxes) from electing government officials? – blogista September 2nd, 2008 at 6:30 pm

Dito, dinaan sa EDSA Dos, Hello Garci and sinusubukan gawing permanente sa pamamagitan ng Charter Change.

jcc on Wed, 3rd Sep 2008 10:10 pm 



nash,

did i salivate your pidohilic instinct when i wrote pre-teen pomiscuity.. joke only..

but read this and this link.

The teenage birth rate in America rose in 2006 after nearly 15 years of decline, with about 435,000 babies born to mothers between 15 and 19 years of age.

More than 729,000 teenage pregnancies are reported in the US each year, according to the National Campaign to Prevent Teen and Unplanned Pregnancy.

http://www.guardian.co.uk/world/2008/sep/02/uselections2008.palin

jcc on Wed, 3rd Sep 2008 10:12 pm 



i mean pidophilic instinct… again joke only.

jcc on Wed, 3rd Sep 2008 10:14 pm 



there is a new data in 2007 where teen pregnancy was down compared to 2006, but i have to look for the data yet. i am sure i have read it somewhere.

nash on Wed, 3rd Sep 2008 10:15 pm 



So they should be giving out more contraception advice because NO ONE, not the church, not the state, not you, not me, not mama mary, will EVER stop people from having sex.

And so I find it crazy that some complain about the cost to the state of supporting single parents and yet do not support the cheaper cost of preventing unwanted pregnancies.

Master Yoda on Wed, 3rd Sep 2008 10:21 pm 



‘Look, don’t blame the leaders/politicians. People elected them based on pekeng-periodistas coverage, biases and assements.”

Well, there are other sources of information for better diecerned voting besides the pekeng-periodistas. There’s the parish priest , the barangay kapitan/kagawad, the school principal, the smart uncles/aunts, the kuwentong barbero,etc.

But for many, Jose Abad Santos, Josefa Llanes Escoda, and Vicente Lim (the faces in the one thousand peso bill) could be the better advisers.

Master Yoda on Wed, 3rd Sep 2008 11:19 pm 



Well, its September. Just four more months and the year will be over. Can’t wit, huh. Let’s see what we’ve suffered so far:

- ZTE/NBN scandal and cover-up
- Rice shortage
- Oil pricce spike
- Sulpicio Lines tragedy
- MERALCO GSIS face-off
- Mindanao peace agreement, then now war

Ever wonder why anybody would want to be presidentr of this disaster-prone country, both natural and man-made?

Think about ending the year quickly for some.

Bambam on Thu, 4th Sep 2008 12:08 am 



I managed to catch the entirety of the program when it aired over at ANC (which i never choose to do, but this time I made an exception) because Dr. Habito came across as a credible and convincing guest. I searched immediately after the show for a copy of his material online, namely the tables of figures he presented, albeit unsuccessfully. Thanks for uploading them for everybody’s reference. It was a good show too.

supremo on Thu, 4th Sep 2008 1:31 am 



from inquirer.net

‘Ramos presented Mang Pandoy in his first State of the Nation Address in 1992, promising him a better life. He was given a house and lot, which he eventually sold. One of his children got a scholarship. He got a job as a consultant with the office of then Speaker Jose de Venecia Jr. and a gig as one of the hosts in a talk show on the People’s Television-4, but both were eventually cancelled.’

Mang Pandoy still died poor.

jcc on Thu, 4th Sep 2008 3:04 am 



Nash,

I think it is intuitive enough that those who complained about their tax money being used to support teenage mothers and their babies are those who do not have irresponsible daughters. While most cultures frown at situation of teenagers having babies, some culture does not. In America, only the Republicans, Evangelists and Catholics fret over the issue over teenage mothers. But certain segments in the US, specially the liberals look at the situation as not reprehensible enough. In one Boston high school, young girls have entered into a pact that each 17 girls will become pregnant in high school have to give each other high fives if tested positive for pregnancy.

Please read this link:

http://www.msnbc.msn.com/id/25272678/

nash on Thu, 4th Sep 2008 4:51 am 



“In America, only the Republicans, Evangelists and Catholics fret over the issue over teenage mothers.”

It’s because they are the majority who have teenage mothers.

jcc on Thu, 4th Sep 2008 5:47 am 



NASH,

WE DO NOT HAVE DATA THAT REPUBLICANS, EVANGELISTS AND CATHOLICS HAVE MORE TEENAGE MOTHERS THAN THE OTHER POLITICAL CAMP AND OTHER FAITHS. THEY WERE QUITE AGHAST OF THE DATA THAT TEENERS HAVE TO HAVE BABIES. I THINK THEIR CONCERN CUT ACROSS PARTY LINES AND FAITH.

BUT I THINK IT IS ALRIGHT FOR DEMOCRATS O HAVE TEEN PREGNANCIES AND RAISE TAX TO SUPPORT THEM OR ABORT THE FETUS OR FUND CONTRACEPTION.

leytenian on Thu, 4th Sep 2008 5:54 am 



On the economy: Top 100 Most Powerful Women
President Gloria Macapagal-Arroyo (PGMA) of the Philippines is on the list at No. 41. PGMA was even considered more powerful than the Queen of United Kingdom, Queen Elizabeth II is rank No. 58.

Forbes defines power:
“a composite of public profile–calculated using press mentions–and financial heft. The economic component of the ranking considers job title and past career accomplishments, as well as the amount of money the woman controls.”

anong say niyo?

nash on Thu, 4th Sep 2008 5:54 am 



to use your hyperlink

“The school forbids the distribution of condoms and other contraception without parental consent — a rule that prompted the school’s doctor and nurse to resign in protest in May.”

It’s the evangelical nutters who promote these unwanted sperminations

nash on Thu, 4th Sep 2008 5:57 am 



“PGMA was even considered more powerful than the Queen of United Kingdom, Queen Elizabeth II is rank No. 58. ”

O di siya. wala naman kumukontra.

Unlike Merkel or QE2, no one respects GMA anymore for the evil superwoman that she is…

hvrds on Thu, 4th Sep 2008 6:14 am 



Corrections to an earlier posting. Should have had quotation marks……

“Is free trade always the best policy? Should developing countries open
their financial systems? Do foreign-exchange controls serve any useful
purpose in our globalized world?”

“Anyone who reads economics knows that it is often aridly impervious to
the cultural specificities and political constraints that shape
real-world events. Pages filled with equations describe a world not of
fallible people and imperfect governments, but of “agents” and
“actors” who are supposedly as rational as Star Trek’s Mr. Spock.”

“The dominance of neoclassical economics has led to a rigid belief that
free trade, small government, lower taxes, and financial openness are
appropriate at all times and in all circumstances. But a few dissident
economists, observing how and why countries actually develop, have
been chipping away at this orthodoxy.”

“Dani Rodrik, a professor at Harvard University’s John F. Kennedy
School of Government, is one of this movement’s most imaginative and
creative thinkers. He is a leading authority on globalization and
economic development, and his unconventional yet rigorous analyses
have helped undermine the Washington Consensus. A “clinical”
economist, he has advocated heterodox development policies and a
social-welfare agenda to complement globalization and allow developing
countries to withstand the financial crises that have swept over them
during the past two decades.”

“Why doesn’t the public buy the economists’ advocacy of free trade?”

hvrds on Thu, 4th Sep 2008 6:23 am 



Corrections to a previous posting.

“Is free trade always the best policy? Should developing countries open
their financial systems? Do foreign-exchange controls serve any useful
purpose in our globalized world?”

“Anyone who reads economics knows that it is often aridly impervious to
the cultural specificities and political constraints that shape
real-world events. Pages filled with equations describe a world not of
fallible people and imperfect governments, but of “agents” and
“actors” who are supposedly as rational as Star Trek’s Mr. Spock.”

“The dominance of neoclassical economics has led to a rigid belief that
free trade, small government, lower taxes, and financial openness are
appropriate at all times and in all circumstances. But a few dissident
economists, observing how and why countries actually develop, have
been chipping away at this orthodoxy.”

“Dani Rodrik, a professor at Harvard University’s John F. Kennedy
School of Government, is one of this movement’s most imaginative and
creative thinkers. He is a leading authority on globalization and
economic development, and his unconventional yet rigorous analyses
have helped undermine the Washington Consensus. A “clinical”
economist, he has advocated heterodox development policies and a
social-welfare agenda to complement globalization and allow developing
countries to withstand the financial crises that have swept over them
during the past two decades.”

“Why doesn’t the public buy the economists’ advocacy of free trade?”

hvrds on Thu, 4th Sep 2008 6:34 am 



“Forbes defines power:
“a composite of public profile–calculated using press mentions–and financial heft. The economic component of the ranking considers job title and past career accomplishments, as well as the amount of money the woman controls.”

Being number 40 plus on an index of powerfull woman based on the above critieria.

What is the point?????????

Being the CEO of a state with public debts of close to $200 billion is a most noteworthy position.

What is the point again??????

QE2 does not have that kind of power over the public purse………

Ignorance bordering on lunancy once again…

leytenian on Thu, 4th Sep 2008 7:51 am 



the point is : Gloria falls in that statistics. Top 100… She represents the country and her sex. She’s not that bad after all is my point….

“Why doesn’t the public buy the economists’ advocacy of free trade?”
let’s talk about our Philippine FTA instead. Habito on profile on jobless: 6.6 million are underemployed and mostly in agricultural sectors.

KG on Thu, 4th Sep 2008 8:16 am 



Leytenian,

me naalala lang ako. when one time you questioned the so”filipnino” utang ng loob at ang di lumingon sa pinanggalingan ay di makarating………..

mas maniniwala ako sa iyo pag di Leytenian ang tawag mo sa sarili mo.

pag pinalitan mo naman ang handle mo mahalata pa din naman eh.

KG on Thu, 4th Sep 2008 8:20 am 



See, kahit pinalitan ko name ko from Karl , then Karl Garcia and now to KG panay pa din ang wrong spelling ko.

I meant Filipino, not filipnino.

KG on Thu, 4th Sep 2008 9:17 am 



“Why doesn’t the public buy the economists’ advocacy of free trade?”
let’s talk about our Philippine FTA instead. Habito on profile on jobless: 6.6 million are underemployed and mostly in agricultural sectors.

Leytenian, are you agreeing with HVRDS or not?

Dani Rodrik mentioned by HVRDS questions the employment effects of globalization.

Imagine some change in the economy leaves Tom $3 richer and Jerry $2 poorer, and I ask you whether you approve of this change. Few economists, regardless of their political and philosophical orientation, would be able to give a straight answer without asking for more information…. In other words, most of us would care about the manner in which the distributional change occurred–i.e., about procedural fairness….

Yet when we teach comparative advantage and explain the gains from trade, we typically overlook this important conclusion. We expect our students to focus on the net gain triangles and disregard the rectangles of redistribution. …

The thought experiment clarifies, I think, why the archetypal man on the street reacts differently to trade-induced changes in distribution than to technology-induced changes (i.e., to technological progress). Both increase the size of the economic pie, while often causing large income transfers. But a redistribution that takes place because home firms are undercut by competitors who employ deplorable labor practices, use production methods that are harmful to the environment, or enjoy government support is procedurally different than one that takes place because an innovator has come up with a better product through hard work or ingenuity. Trade and technological progress can have very different implications for procedural fairness. This is a point that most people instinctively grasp, but economists often miss.

http://economistsview.typepad.com/economistsview/2007/04/on_the_other_ha.html##Rodrik

speaking of technology development:

In the era of reverse engineering, only china can afford technology transfer licenses especially for their speed rail projects.

A couple (or double that)of decades ago they tried to build their own C-130 and it looked good fro the outside but it could not fly.
And now I am hearing that one such speed rail project cannot wok properly.

Now we have JPEPA are we sure we can get technology transfer from the reverse engineering experts for our railways. .No way! who would buy their Japanese cars,we would just be an assembly line then export them(more of the same).
Like America they could have the best railways in the world but the car companies made them build highways,instead.

technological development is also important so we could build our own trains,own rails,own airlplanes,own ships,own tanks,own guns,own cars,own productive ways for our agribusiness. Until then we are stuck with globalization,because of the fault of the chicken and the egg.

and before I forget,where is the money?
Is it always the economy,stupid?
How do you stop stupidity/ignorance, through education, but according to HVRDs, we have a lot of well schooled ignorant people.

so, it is a zero sum game.

UP n student on Thu, 4th Sep 2008 9:27 am 



to d0d0ng, who has said that Malacanang is powerless.

Rep. Didagen Dilangalen, Maguindanao: “The government is marginalizing the MILF. The MILF no longer represents the Moro people.”

–
There are no more talks,” Dureza told Reuters news agency. “We’re dissolving the peace panel. You don’t need it when you’re ending talks with an armed group. We’ll start consulting with the people on the ground and find out how we can resolve the Muslim problem.”

Ms Arroyo reiterated in a statement that her administration would not sign the memorandum of agreement (MOA) on ancestral domain “in light of recent violent incidents committed by lawless violent groups.”
—-

UP n student on Thu, 4th Sep 2008 9:29 am 



to d0d0ng, who has said that Malacanang is powerless.

There are no more talks,” Dureza told Reuters news agency. “We’re dissolving the peace panel. You don’t need it when you’re ending talks with an armed group. We’ll start consulting with the people on the ground and find out how we can resolve the Muslim problem.”

Ms Arroyo reiterated in a statement that her administration would not sign the memorandum of agreement (MOA) on ancestral domain “in light of recent violent incidents committed by lawless violent groups.”
—-


http://newsinfo.inquirer.net/inquirerheadlines/nation/view/20080904-158542/Arroyo-scraps-peace-panel

leytenian on Thu, 4th Sep 2008 10:17 am 



KG,
i have not agree nor disagree with hvrds. I am hoping he can share his economic expertise especially on the subject of free trade in connection to our problem…. underemployment of 6.6 million in the agricultural sector.
I’m not an economist but I am open to healthy discussion.

On your technology information- that’s another area of free trade. There’s too many goods and services in an imperfect market in the international arena. hvrds is explaining economics in general term…

UP n student on Thu, 4th Sep 2008 11:17 am 



sarah palin talks mockingly of the Democrats’ position on taxes and she conveniently ignores that the US economy is in miserable shape because Bush decided to fight a war on credit. The generation of 2020 will pay because Bush did not raise taxes to pay for the wars in Iraq and Afghanistan.

KG on Thu, 4th Sep 2008 11:23 am 



Leytenian,

Just finished watching your vP candidate’s speech. McCain has found himself an attack dog.(I won’t say it in the feminine version).

leytenian on Thu, 4th Sep 2008 11:38 am 



“Obama uses change to promote his career. McCian uses career to promote change. ” Palin

leytenian on Thu, 4th Sep 2008 11:43 am 



KG,

I know … a macho speech from a woman, according to Castellanos CNN.
I was very impressed… she’s very strong. ” barracuda” .

hvrds on Thu, 4th Sep 2008 11:48 am 



One of the most interesting about thing about the adversarial nature of American judicial system is the fact that at the start of any legal dispute there is a discovery process to put both sides on the same leveling process and so one can narrow the matters in dispute.

“Anyone who reads economics knows that it is often aridly impervious to
the cultural specificities and political constraints that shape
real-world events. Pages filled with equations describe a world not of
fallible people and imperfect governments, but of “agents” and
“actors” who are supposedly as rational as Star Trek’s Mr. Spock.”

“The dominance of neoclassical economics has led to a rigid belief that
free trade, small government, lower taxes, and financial openness are
appropriate at all times and in all circumstances. But a few dissident
economists, observing how and why countries actually develop, have
been chipping away at this orthodoxy.” Dani Rodrik

When an individual for whatever reason cannot quite grasp the meaning of the above quotations and would want to learn about economics and have a discourse on ideology, policy and programs but does not quite understand contextual frames in a foreign language like English, I am at a loss at what language I should use.

By a quirk in history my mother tongue is English. Filipino became my third language. I always wanted to learn how to speak it better.

The purely quantitative view of listings and economics is only one part of the tools to come to a particular truth.

When ideologues of economics make their purely quantitative view the end in itself then you are going to have problems.

An individual who cannot tell the difference on what a metaphorical sense means and a literal sense would like to have a discourse on economics.

Another example is the present basis for the dispute between the Republicans and Democrats.

McCain calls the present war an existentialist one. A clash of civilizations. Culture wars based on good and evil…

I am shocked and amazed that even most pundits here do not quite understand the tyranny of the minority in American politics.

No American national politician is elected by popular vote across the U.S. Senators and congressman are elected by district and State. The President and VP are elected through the electoral college vote and could lose by simply winning the majority national vote.

Pallin was chosen for that simple political game plan.

She was not chosen for governance skills.

One must win.

hvrds on Thu, 4th Sep 2008 11:58 am 



Obama’s greatest threat to the Republican machine is his ability to reawaken the old democratic base. -The young, working moms, and the unions which have been decimated by the shift to a post modern industrial service economy.

His drive to get more people voting even in the Red states would tend to favor the Democratic party.

Pallin is the perfect counterfoil to that. But it is a double edged sword as if she is perceived simply to be a vagina American to pander to the women vote than it will backfire.

She is a regular politico dependent on earmarks the euphemism for pork. in Alaska.

if you want to be a real libertarian you have to take the line of Ron Paul. But that would be heresy to a regular trapo.

hvrds on Thu, 4th Sep 2008 12:18 pm 



The entire basis of comparative advantage which is the basic foundation of free trade is based on two countries both being at full employment and both agreeing to trade with each other. Consensual sex so to speak. In that case anything goes. Yes even massaging the lower sphincter muscle.

Outside of that forget about it. So how come it has become dogma?????

Our friendly equilibrium scientists swear by it….

All estimates (In the Pinas more guesswork than anything else)

Total Philippine labor force — 45-50M

Labor force participation rate — 60% +

Unemployment and underemployment rates are taken from the labor force participation rate.

So has the country ever been close to full employment as defined by the neo-classical definition of full employment?????

The entire differential foundation of countries is from primitive natural division of labor to more complex sophisticated specialized division of labor. The G-7 economies have achieved the latter.

Where does the Philippines stand domestically and where does it stand in the international division of labor.

Why don’t you guys ask Habito that question?????

hvrds on Thu, 4th Sep 2008 12:40 pm 



Real conservatives as distinguished from cultural conservatives….

Most Pinoys are culturally conservatives…

Impulse, Meet Experience

by George Will

“In 1912, McCain’s Arizona became the 48th state. In 1959, Palin’s Alaska became the 49th. Western conservatism has the libertarian cast of a region still steeped in an individualism natural to frontier spaciousness. But American conservatism depends on what it calls “fusion,” the collaboration of libertarians and social conservatives concerned that liberty unleavened by restraints creates a licentious culture. Palin supposedly is fusion in one person.”

“Many cultural conservatives, who are much of the GOP’s base, consider McCain’s adherence to their persuasion perfunctory. By his selection of Palin, he got the enthusiasm of the base. But what has he got in Palin? In coming days he and we will learn from a stern teacher, experience. ”

http://www.washingtonpost.com/wp-dyn/content/article/2008/09/02/AR2008090202441.html?sub=AR

hvrds on Thu, 4th Sep 2008 1:41 pm 



Where there you saw it. The former sportscaster becoming the message itself at the RNC.

Marshal McLuhan and the medium or messenger becoming the message itself.

We are most probably in the age of the anti-Christ.

So much in forms and characteristics but substance thrown out the window.

We have a cookie cutter character straight out of similar Fox News newscasters who might be within a heartbeat of the U.S. presidency.

She used to be a news presenter.

Ces Drilon are you available…. Noli de Castro are you there???? Oh my God, Loren.

Ralph what about Ate Vi.

My God those Kanutos are copying Philippine political models…..

Forget Erap. He is done. How will Mar work this out. Korina would be a better candidate than him.

The Ca t on Thu, 4th Sep 2008 4:39 pm 



Just finished watching your vP candidate’s speech. McCain has found himself an attack dog.(I won’t say it in the feminine version).

Credit the speechwriter.

grd on Thu, 4th Sep 2008 4:54 pm 



I know … a macho speech from a woman, according to Castellanos CNN.

I was very impressed… she’s very strong. ” barracuda” … leytenian

me too… double wink.

KG on Thu, 4th Sep 2008 7:37 pm 



On why don’t you ask Habito that:
People, the e-mail address of habito is listed at the end of his column,I have e-mailed him before and buti na lang kahit pang grade one yung tanong ko,sinagot nya.

HVRDS,
What if Manolo invites you to the EXplainer;if you happen to be in the country, will you accept the invitation?

.

jcc on Thu, 4th Sep 2008 9:14 pm 



obama is the darling of the mainstream media, but that does not necessarily mean he is the darling of the electorate.

he could be the darling of bloggers too, unfortunately we do not decide american politics.

the appetite of woman voters seeing their kind in the most powerful seat in the world whetted when they see the possibility of a woman president when hillary became the front-runner in not so long past but the democracts opted for obama. they were doubly frustrated when she was not chosen his running mate.

the choice of palin simply addressed that frustration. it was a masterful act of political genius and yet the media and some bloggers had tried to belittle this choice.

palin is a strong woman with small town values. the values that most american try to rehabiliate in themselves. she fought her party mates on corruption and the big interest groups in alaska. alaskans were happy with her and she hopes that the nation must too.

her speech at the rnc convention aroused a lot of enthusiasm among republicans and her confidence at the rostrum reinvigorated the american voters that this lady could be incharged.

Master Yoda on Thu, 4th Sep 2008 10:40 pm 



“it was a masterful act of political genius and yet the media and some bloggers had tried to belittle this choice.”

Spoken like a true Republican. And registered at that!

Now, let’s just wait for the counterpoint from Leytenian saying “She’s my kinda of leader!”

UP n student on Thu, 4th Sep 2008 10:58 pm 



There were 6 brown-skinned couples that I noticed on TV during the republican convention, and 2 had placards so they were definitely Latinos, and another pair looked like Latinos, too. Did anybody see any Fil-ams?

I thought there’d be more Fil-Ams based on hvrds’ comment that majority of Fil-am’s are republicans.

nash on Fri, 5th Sep 2008 1:11 am 



“he point is : Gloria falls in that statistics. Top 100… She represents the country and her sex. She’s not that bad after all is my point….”

Hesukristo at mga santo sa langit! She’s the least you can think of to represent the Philippines and Women. Nasama lang yan sa ranking as mentioned by hvrds, pero uulitin ko lang, dahil ang criteria ay Press Mentions (mostly negative)!

Sheesh.

nash on Fri, 5th Sep 2008 1:14 am 



@upn

“I thought there’d be more Fil-Ams based on hvrds’ comment that majority of Fil-am’s are republicans.”

Nabentahan kasi sila ni Senator Loren Legarda ng glutathione kaya fair skinned na sila.

supremo on Fri, 5th Sep 2008 3:47 am 



kg said ‘and before I forget,where is the money?’

There are several ways for the Philippines to make money.

1) Open the Iwahig Penal colony to American prisoners. Charge $1000 per month per prisoner. That’s $1 M a month in revenues for just 1000 prisoners.
2) Since the Kiram family has proprietary rights over Sabah, help them sell it to the highest bidder and drop the Philippine sovereign claim in exchange for 10% commission. If China wins the bid then it’s China’s problem to get it. Let’s say the highest bid is $100 B then the Philippine government gets $10 B easy.

supremo on Fri, 5th Sep 2008 4:17 am 



‘Credit the speechwriter.’

Obama also has good speechwriters.

leytenian on Fri, 5th Sep 2008 6:05 am 



“The entire basis of comparative advantage which is the basic foundation of free trade is based on two countries both being at full employment and both agreeing to trade with each other. Consensual sex so to speak. In that case anything goes. Yes even massaging the lower sphincter muscle.”

pervert …

you have a point… but there’s such thing as trade law, soft contract and treaties… short term or long term contracts.

The Trade Law can provide legal support to the negotiation of bilateral and plurilateral free trade agreements.

The Law can provide leaders in the negotiations on legal and institutional issues in each agreement. These include the dispute settlement rules , the structure and consistency of the agreement, and the general provisions that apply across the agreement….

It’s not just about economics.

leytenian on Fri, 5th Sep 2008 6:18 am 



6.6 million underemployed in the agricultural sector:

Agenda:
LICENSURE TEST FOR PHILIPPINE AGRICULTURAL STUDENTS TO BE SCRAPPED…
“The gross misconception about farming has an effect on Filipino’s lack of interest in agriculture. Most Filipinos think that when you take agriculture you become a farmer and when you become a farmer you’re poor. But if we can just change this kind of mindset we may be able to attract the students to enroll in agriculture,” he said.

According to CHED, the SUCs have an unutilized landholdings of 50, 133 hectares, which can be utilized for farming, research, hybrid and certified seed production, and technology as demonstration farms.

http://www.pr-inside.com/licensure-test-for-philippine-agricultural-student-r762555.htm

jcc on Fri, 5th Sep 2008 6:33 am 



again excuse me for being slow. hrvds started with judicial discovery procedure but i am lost when he shifted to economics dogma and assumptions. did not see the connections between discovery as a pre-litigation procedure to economics sophistry. that’s why i like time magazine, simple straightforward english, no verbosity, only subject predicate structure.

so please, speak english ! ! !

leytenian on Fri, 5th Sep 2008 7:02 am 



You might be brainwashed by corporate media….

“Hesukristo at mga santo sa langit! She’s the least you can think of to represent the Philippines and Women. Nasama lang yan sa ranking as mentioned by hvrds, pero uulitin ko lang, dahil ang criteria ay Press Mentions (mostly negative)!”

” If you believe that Gloria is powerless.”

If you believe that U.S. and increases corporate profits..
unaware that ‘Free Trade’ means ‘Slave Wages’to poor people in Honduras, Bangladesh, China, Malaysia, Burma, Cambodia, Dominican Republic,Colombia, Philippines, Thailand, Pakistan, Sri Lanka,Indonesia, Nepal, El Salvador, Guatemala, Burma,Cambodia, Laos,
Vietnam and others.

KG on Fri, 5th Sep 2008 8:48 am 



Leytenian,
Let me repeat or paraphrase what justice Scalia said.
You seem to be singing a different tune.

nagsimula ka dito sumasakay sa bumatbatikos sa ramdam na ramdam,riding on with cvj’s anti oligarchic views.corruption, national debts etc,etc.

you even told me that you never read any Filipino news for 18 years,nag alala ka lang dahil sa credit crunch dyan.

then you seem to be lecturing on being brainwashed.
so now you are the enlightened one, all of a sudden.

hvrds on Fri, 5th Sep 2008 9:33 am 



HVRDS,
“What if Manolo invites you to the EXplainer;if you happen to be in the country, will you accept the invitation?” NO.

I have always said that MLQ3 has a gift as a writer but not as a broadcaster. MlQ3 writings are brilliant. However television and radio are the worst medium for learning. For entertainment yes. That is why ABS-CBN should have a thong bikini contest amongst her female newscasters.

Reading is still the most desirable . Everyone must must read, read , read….

Try to catch Carandangs show featuring Paderanga and Diokno and heads of NSO. Carandang is a better TV presenter than MLQ3. Carandang does not know how to write though. There MLQ3 has got him beat. Carandang is an amateur financial quant and is very articulate and great at communicating on TV in his limited frame. Wala siyang substance. MLQ3 dwells on the historical narrative and everyone is free to frame it in his own way.

The show was about getting the proper frame in collecting stats and expounding on them. You will hear words like theories on imputations, base year, revisions etc.

One of the most brilliant macroeconomic quant in the country is Paderanga. It appears that the rest Diokno, Medalla and Habito are more political entrepreneurs than anything else. Dante Canlas was fired for telling his boss the truth. I have respect for that guy for telling his boss things she must have never learned in school. Solita Monsod is simply a shill. I personally believe that if Marcos had ordered Sicat, Virata and Ongpin shot instead of that Chinese drug dealer it would have saved his government and the country. Marcos was a brilliant lawyer but a poor political economist. He was enamored of technocrats but all these guys were of the U.S. neo-classical variety. They in effect effectively legitimized him.

The point of all of this is the proper frame. Paderanga mentioned that in his briefings which he gets paid for. He prefers private briefings rather than public ones.

Information depending on how it is framed will depend on the particular frame of mind of whoever receives it.

Its digestion than become knowledge on a individual basis.

The contextual frame and purpose must always be defined.

“Anyone who reads economics knows that it is often aridly impervious to the cultural specificities and political constraints that shape real-world events.” Dani Rodrik

Translation: economics, politics and culture are all linked under a distinct societal format. Psychologies are generally defined by that. –

Notice the response of the pundit lawyer. One must be on the same level or frame of reality to be able to communicate.

Case in point: Palins speech was drawing a composite reality for people to unite under. Political Organizing 101 when one is speaking to the base. Agitate, organize and mobilize and attack. She was tasked to draw the narrative because she is a professional communicator. She is extremely telegenic and looks harmless.

That is also why GMA never appears in length press conference and her speeches are framed very carefully because she cannot hide her facial features when she is obviously lying. TV is brutal to her.

Hiltler was the “provacatuer par excellance.” He had a brilliant propagandist in Geobels, and a ruthless killer in Himmler to instill party discipline. Their re-education camps became the factories for human compost.

Someone asked if I was for Obama or McCain. Obama is for a benign empire while McCain is for a selfish empire.

My vote is for No to Empires.

KG on Fri, 5th Sep 2008 9:43 am 



HVRDS,
Thanks for the reply.

cvj on Fri, 5th Sep 2008 9:46 am 



jcc (at at 6:33 am), you admitted your inability to understand so how are you able to determine whether what was said (at 11:48 am) was economic sophistry?

hvrds on Fri, 5th Sep 2008 10:09 am 



The apt description of Palin was dishing out “red meat”

The base was hungry for red meat…. A methapor or no hold barred fight to the death.

So when you see the telecast of Hamas and Hezbollah and their chanting of Death to Amrika and Death to Israel,
Palin’s speech is a euphemism for Death to lefties and Bleeding hearts. The only narrative left for them is simply attack the left…. Statism

What is ironic is she pushed through a battle versus the oil giants in Alaska by pushing for a windfall tax. Exactly what Obama wants on a national level which Mccain opposes.

Forget about issues on this one. They are trying to organize a lynching. They are going coon hunting.

Been there and seen that during the Nixon years….. This is a replay of the Civil War unsettled in the Red States

filAm Democrat on Fri, 5th Sep 2008 11:22 am 



hvrds: if Nov 4 you can vote but did not vote, well, then you are hvrds. If you vote on US elections Nov 4-08 and you did not vote for Obama…. and you did not vote for Mccain…. then you 100%-for-sure picked a loser.

hvrds on Fri, 5th Sep 2008 11:24 am 



Palin’s visceral attacks makes her a good metaphor for being a dominatrix that can dish out pain. School teacher dominatrix.

If you look at the other two Republican attack dogs of the female persuasion you have Ann Coulter and Michelle Malkin. Coulter using a sexual metaphor is more Tranny looking but Michelle is hot as an Amazon female in animal skin. Kasi may lahing Pinay. Exotic ang dating.

Since the narrative is about baser instincts what is more basic than the sexual composite.

The other narrative is about being afraid about trusting a Muslim black guy.

leytenian on Fri, 5th Sep 2008 11:39 am 



KG,

don’t misunderstand me on credit crunch. it could mean limited access to cash for business growth. one can sustain and one can fall . This is where skills and experience will apply. Credit crunch is worst when income is lost. there’s lots of opportunities in a down market. i do agree with you that credit crunch has been felt by many. if I worry? i did but I cannot worry everyday… that’s not me. but thank you for asking.

leytenian on Fri, 5th Sep 2008 11:47 am 



hvrds,
“Michelle is hot as an Amazon female in animal skin. Kasi may lahing Pinay. Exotic ang dating.”

hahaha… funny. may lahing pinay? pinay don’t have big ass like her…

a muslim apostate you mean? … yes that’s obama.

leytenian on Fri, 5th Sep 2008 11:50 am 



sorry… in fairness. obama might win.

hvrds on Fri, 5th Sep 2008 12:34 pm 



hvrds: if Nov 4 you can vote but did not vote, well, then you are hvrds. If you vote on US elections Nov 4-08 and you did not vote for Obama…. and you did not vote for Mccain…. then you 100%-for-sure picked a loser.

It would be interesting to see the voter turnout in the U.S. this time around. Normally less than 50% of the eligible voters do vote in the U.S. elections. Higher turnouts tend to favor the Democrats.

“In a world where the dollar is supreme, Uncle Sam should be more responsible for international financial stability, not less. There would be an increasing compelling argument that the Federal Reserve should see itself as a global central bank, and the Congress and White House should see U.S. trade and financial policy as keys to global stability, not tools to further U.S. interests. On a recent visit to Yale, the mayor of Beijing said -only half jokingly-that it would make sense if the whole world had a vote in American elections, because U.S. decisions have so large an impact worldwide.”

“When historians look back on this period they may well give more weight to the power that one-currency world conferred on the United States than that granted by our men and women in uniform, serving in Afghanistan and Iraq. But whether Washington will recognize the responsibility that comes with this power-well, that will be the big question.” Jeffrey Gartner former official during Clinton’s term. This was just during the crisis that started in Asia.

hvrds on Fri, 5th Sep 2008 12:49 pm 



Psssssst . China is one of the major countries financing McCains aircraft carriers indirectly……..

Fight fight fight…… But your major enemy is financing you….

Otherwise your middle class would disappear……

http://www.nytimes.com/2008/09/05/business/worldbusiness/05yuan.html?_r=1&oref=slogin

“For instance, a Chinese blogger complained last month, “It is as if China has made a gift to the United States Navy of 200 brand new aircraft carriers.”

“Bankers estimate that $1 trillion of China’s total foreign exchange reserves of $1.8 trillion are in American securities. With aircraft carriers costing up to $5 billion apiece, $1 trillion would, in theory, buy 200 of them.”

rego on Fri, 5th Sep 2008 1:18 pm 



psst hvrds, maybe you should join the US political blogs kung marami ka nga alam sa US politics. Stop floofing this forum now. O baka naman gusto mo lang mag pa impress sa mga pinoy na marmi ka nga alam sa US politics. Just like what you have been trying to impress them that you know a lot about economics.

cvj on Fri, 5th Sep 2008 2:53 pm 



moderator na pala si rego ngayon.

inodoro ni emilie on Fri, 5th Sep 2008 4:55 pm 



cvj, haha. self-appointed?

jcc on Fri, 5th Sep 2008 9:11 pm 



cjv,

i know economics a little bit and i translate this economic sophism in layman’s language. like opening up financial system of the third world countries to the savage onslaught of international monopoly: i translate it to mean that Intel Corporation can put up its local company in EPZA Cavite and hired local engineers at a rate higher than Meralco engineers.

The effect is it will destroy our local industry if we have a Pinoy manufacturing microchips like Intel, but if we do not have, it has no effect in our industry.

If we open up, MultiNational companies will gravitate to P.I. to avail of cheap labor, cheap labor only if compared to labor cost if the product being produced by these companies are produced in highly developed countries.

you see people, we can translate your economic sophism in clear and simple language… but the use of hyfalutin english is a simple display of pedantry.



jcc on Fri, 5th Sep 2008 9:18 pm 



ann coulter a rabid attack dog for the republican. but at least she was vocal that she is a republican. how about hvrds, can we call him/her attack dog of the democracts, then she/he has to register first as a democract.

jcc on Fri, 5th Sep 2008 9:40 pm 



HVRDS on September 4th, 2008 at 11:48 am

One of the most interesting about thing about the adversarial nature of American judicial system is the fact that at the start of any legal dispute there is a discovery process to put both sides on the same leveling process and so one can narrow the matters in dispute.

“Anyone who reads economics knows that it is often aridly impervious to the cultural specificities and political constraints that shape real-world events. Pages filled with equations describe a world not of
fallible people and imperfect governments, but of “agents” and “actors” who are supposedly as rational as Star Trek’s Mr. Spock.”

waaaaahhhhhhhh ! !! ! i am getting constipated. i just manage the third grade and i quit school.

filAm Democrat : on Fri, 5th Sep 2008 10:35 pm 



to jcc: cjv and inidoro ni emilie defend hvrds but only for now. hvrds will lose them as acolytes on the day that hvrds wants a return to Greece participatory political structure when women, foreigners and slaves were not allowed to vote.

nash on Sat, 6th Sep 2008 1:39 am 



companero jcc masyadong galit sa muslim ha, nabentahan ka ba ng pekeng dvd?

cvj on Sat, 6th Sep 2008 2:02 am 



jcc (at 9:11 pm), the Intel in EPZA scenario that you illustrate is not an example of “opening up the financial system”. Instead, ‘Opening up the financial system’ has to do with financial liberalization, i.e. making it easier to obtain financing from foreign sources. You have to correct your translation accordingly.

On the effects of opening up the financial system on economic growth, Dani Rodrik writes:

it is difficult to find evidence that countries that freed up capital flows have experienced sustained economic growth as a result. In fact, many emerging markets experienced declines in investment rates. Nor, on balance, has liberalization of capital flows stabilized consumption.

Most intriguingly, the countries that have done the best in recent years are those that relied the least on foreign financing. China, the world’s growth superstar, has a huge current-account surplus, which means that it is a net lender to the rest of the world. Among other high-growth countries, Vietnam’s current account is essentially balanced, and India has only a small deficit…

jcc on Sat, 6th Sep 2008 4:09 am 



NASH,

i am not against the muslim, in fact i have a best friend in college who is a muslim. i am against the muslims who comouflage their desire to have their own republic by strapping bandoleers and caressing armalites, howitzers and grenade launchers and have the nerve to claim that what all they want is peace ! ! !

cvj,

translation may be off, but the message is clear. please spell out economics sophistry in english, not in gibberish language. as i said, i get constipated.

jcc on Sat, 6th Sep 2008 4:45 am 



cvj,

it is already settled that borrowing to finance current obligations is bad for any economy. everybody knows that. even kindergartens know that if their parents borrow money so they can go to school while they can manage to skip kindergartens and go directly to first grade, or to tap savings and local reserves instead of borrowing are better options that would not be disastrous to our economy.

no need to cite authorities with hyfalutin language just to hammer the point that borrowing does not bring long lasting benefits to the borrower. in local dialect, “lulubog sa utang hanggang leeg”.

Dedbt servicing will be prioritized by bureaucrats to the detriment of the delivery of goods and services to the people because foreign investments are tied up to media moguls who can destabilze your regimes if you fail to come up with your amortization.

foreign loans also come with “commission” that goes to the front-ending negotiators and facilitators which brings the ZTE deal to mind.

foreign credit agreements are also tied up with consultant/technology covenants that facilitate the entry of foreign experts and technorats in the country that draw salaries/fees from the principal sum borrowed and the country pays for their salaries/fees by way of debt service on the principal and interests.

there is nothing wrong with my understanding of opening up financial system of the third world countries….. my only problem is with people who would wish to mesmerize their readers with concepts and ideas sauted in pedantry and in elizabethan english.

hvrds on Sat, 6th Sep 2008 4:49 am 



“psst hvrds, maybe you should join the US political blogs kung marami ka nga alam sa US politics. Stop floofing this forum now. O baka naman gusto mo lang mag pa impress sa mga pinoy na marmi ka nga alam sa US politics. Just like what you have been trying to impress them that you know a lot about economics.”another base institictive reaction from probably a female of the species.”

That is exactly the only tactic that the rightists in American politics are using and similarly that GMA is using here. When facts hurt you simply attack the messenger. Plus a few of the pundits are so obviously linguistically illiterate in the language of the Anglo -Saxons.

Basang basa na yan.

Hitler did the exact same thing dring the depth of the economic crisis in Germany. Find a fictitous enemy and ram it up his sphincter muscle.

Fight, fight fight, eh naka baon sa utang ang kano at ang mga bansang nagpapautang sa kanila ay uupakan daw ni McCain. Hilo ba sa????

It is tough to come to the realization that military power has its limits. McCain is living in the days of the Cold War. His entire frame is his experience as a POW.

The man who vetted Palin was a guy named James Dobson. A religious nut.

The U.S. under Bush 43 has brought the world to the cusp of major tectonic shifts. Let us look at the Pinas in the light of this.

Atat na atat si McCain na atakihin and Iran. Kamikaze si McCain. What would happen if that were to come to pass.

The far right Christians are also the end of days zealots. The believe that we are close to the Final war. The chosen enemy is Islam. The Jews will be finally converted and the Messiah will return.

The Phils has a 30-60 day supply of oil and gas. Something happens of that nature and the cost of food skyrockets and we will have to switch to bicycles. What happens to the majority of people who live at the edge. The entire system will be upended.

Why is crude oil whose avergae cost of production is between $5 – $15 over $100 dollars a barrel.

Proof of this is the surge in income of the oil companies and the oil producing countries.

There is a replay of the early 20th century when globalization was being bandied about and disputes on trade settlements and access to resources has started to break out. Warfare then was an accepted form of dispute resolution. Poison gas was even an accepted part of the arsenal.

The extreme right in the U.S., the group that McCain is pandering to look at smitting evil nations as part of dogma.

It is okay if you need to rasie cash but it becomes intolerable when one has a kamikaze frame and is 72 and the person chosen to be next in line from a very insulated isolated place. Plus she looks to be a fundamentalist evangelical.

The very equal of Amahdinejad. Great going John.

“We are all Americans now. By this I do not merely mean that the leadership of the US shapes the world in which we live. The world we live in is the world the Americans or, more precisely, the Anglo-Americans have made. The US will retain a huge influence. How will it use it? That is the question we should ask about the presidential election. The choice also seems clear: it is between those who expect a world of conflict and those who believe in seeking co-operation.” Martin Wolf FT

http://www.ft.com/cms/s/0/78274ce0-7917-11dd-9d0c-000077b07658.html

“Then there is the matter of temperament. Mr Bush is a sunny and optimistic person. Mr McCain is funnier, darker and angrier. Mr Bush steered clear of Vietnam. Mr McCain really is a warrior, whose autobiography begins “I was born into a tradition of military service” – and whose books are full of brooding reflections on the nature of honour.”

“In international crises, the character and instincts of the American president are critical. Mr Obama is by temperament a cautious, pragmatic conciliator. Mr McCain is aggressive, unorthodox and radical. ”

“Sometimes, of course, the radical choice is the right one. Mr McCain would be an interesting choice for president. But safe? Forget about it.”

http://www.ft.com/cms/s/0/2f78b52e-7827-11dd-acc3-0000779fd18c.html
McCain and Palin could be deadly combination for the world…..

Fight fight fight fight….Be careful what you wish for.

grd on Sat, 6th Sep 2008 4:54 am 



ann coulter a rabid attack dog for the republican. but at least she was vocal that she is a republican. how about hvrds, can we call him/her attack dog of the democracts, then she/he has to register first as a democract. … jcc

jcc, are you a registered republican?

hvrds on Sat, 6th Sep 2008 5:08 am 



“there is nothing wrong with my understanding of opening up financial system of the third world countries….. my only problem is with people who would wish to mesmerize their readers with concepts and ideas sauted in pedantry and in elizabethan english.” Totally still clueless…….

Nagkaguerra na dalawang beses ang buong mundo na ang ugat ay nakatali sa kaninong pera ay ipapagamit sa mundong kalakalan.

Is there a proper translation of linguistic illiteracy?????

How do you translate the difference between the gold exchange standard and fiat currency standard…

fiat hindi yung kotse.

fiat which means state authority…. authority meaning the sole power to impose which is a creation of and by law.

Abogado pa daw ang nagsulat yung nasa quotation marks.

jcc on Sat, 6th Sep 2008 5:16 am 



hvrds,

that’s why you always lost me. you speak martian language. spell it out to me gently. your sarcasm shows your annoyance and i am still at my best wit.

leytenian on Sat, 6th Sep 2008 5:30 am 



hvrds,

on financing… utang nang US from china and other countries… it is very obvious you don’t know finance…. no business experience in real world. why would I spend all my cash if I can borrow. the concept of OPM is very common. even in our very own central bank. Philipine itself is highly leverage in a negative way. we borrowed money to invest in infrastructure with zero return. Until now… we are still paying and relying on EVAT….

On China… Companies from China, India and other Asian nations are seen getting the first contracts in IRAQ…

“NEW YORK (CNNMoney.com) — Despite claims by some critics that the Bush administration invaded Iraq to take control of its oil, the first contracts with major oil firms from Iraq’s new government are likely to go not to U.S. companies, but rather to companies from China, India, Vietnam, and Indonesia.

While Iraqi lawmakers struggle to pass an agreement on exactly who will award the contracts and how the revenue will be shared, experts say a draft version that passed the cabinet earlier this year will likely uphold agreements previously signed by those countries under Saddam Hussein’s government.

US always know how to pay their debts either by sabotage or simple basic finance… OPM
(i don’t need to explain this further)

On the the other hand…. US and China Free trade agreement… what if US will placed a cap on corporation to import from chinese products. What will happen to chinese labor? US and the world media can easily ruin chinese brand… It is not a brand, by the way.

You might be brainwashed by corporate media….lol

jcc on Sat, 6th Sep 2008 5:30 am 



hvrds,

i think your basic problem is reading all the mainstream media with their unabashed bias against mccain and palin and when you see something that are pro-mccain and palin you easily blow your top and call them nuts and illiterate and went to a disruptive fit that you started blabbering martian language. i don’t call you illiterate though you have different perception that I do. that is the spirit of democracy… free exchange of ideas…. not ramming your belief and expert opinion on the throats of other. … but please speak english.

leytenian on Sat, 6th Sep 2008 5:35 am 



hvrds only knows economic , yet there are other areas of management that needs to be taken in consideration….

international law, marketing, finance, accounting, quality of service and products, social responsibilities and most of all networking ( in countries— it is called allies or member country)

kapoy sii ka.

hvrds on Sat, 6th Sep 2008 9:53 am 



There might be hope for the future Pinoys. The pinoy cultural wreckage that is the present cannot be changed. Just look at the previous postings….

“The right to learn in one’s own language”

By Magtanggol Gunigundo
Philippine Daily Inquirer

Posted date: September 06, 2008

“Education is power. And language is the key to accessing that power.”

“When a child receives an education in a language that he or she does not understand, this violates the child’s right to be literate and be educated. Articles 28 and 30 of the United Nations Convention on the Rights of the Child provide that all children have the right to an education and to learn and use the language of his family.”

“A few months ago, I authored a bill (HB 3719) in the House of Representatives calling for the use of the first language as the primary medium of instruction from preschool to Grade 6. I also advocated for the strong teaching of English and Filipino in the elementary grades, but only as separate subjects and not as media of instruction.”

“I refer to the first language, or L1, as that language first learned by a child, which (s)he identifies with or is identified by others as a native speaker of, or which (s)he knows best or uses most. To me, any language after the first is a second language, or an L2.”
“By using the child’s L1 for basic education, we start from what they already know and build on this. Since the child is already familiar with L1, learning to read and write in that language will be easy. The child can immediately use this language to add new concepts to what (s)he has already learned. Rote memorization where children know how to “read” but do not understand can be avoided.”

“The strategy is to develop the children’s cognitive, academic and linguistic skills in their L1 and gradually transfer this knowledge in the nationally prescribed languages, English and Filipino. These two L2s can and should be systematically taught as separate subjects throughout the elementary level. By the time the Filipino child reaches high school, (s)he would have learned enough English and Filipino to use them as media of instruction.”

http://opinion.inquirer.net/inquireropinion/columns/view/20080906-159007/The-right-to-learn-in-ones-own-language

hvrds on Sat, 6th Sep 2008 10:02 am 



Let us see whether the cognitive skills of the regulars can absorb these two web-casts by two of the most popular political pundits today. Cognition…..

http://www.thedailyshow.com/full-episodes/index.jhtml?episodeId=184093

http://www.comedycentral.com/colbertreport/full-episodes/index.jhtml?episodeId=180323

leytenian on Sat, 6th Sep 2008 10:08 am 



ouch… lol

jcc on Sat, 6th Sep 2008 10:42 am 



popular pundits because they are pro-democrats, their counterparts are called attack-dogs, rabit at that. why not open your mind that truth, talent and patriotism is not the monopoly of the democrats only .

jcc on Sat, 6th Sep 2008 10:42 am 



popular pundits because they are pro-democrats, their counterparts are called attack-dogs, rabid at that. why not open your mind that truth, talent and patriotism is not the monopoly of the democrats only .

jcc on Sat, 6th Sep 2008 10:42 am 



popular pundits because they are pro-democrats, their counterparts are called attack-dogs, rabid at that. why not open your mind that truth, talent and patriotism is not the monopoly of the democrats only .

jcc on Sat, 6th Sep 2008 10:46 am 



manolo, please delete the first two duplicate posts. sorry about that.

Andres on Thu, 18th Sep 2008 7:14 pm 



YOU! Yes you. It was your grandfather’s fault, and the all the so-called nationalists, that the Philippines is now in a sorry state.

Your grandfather said that it is better for the Philippines to be led by a fellow Filipino than a foreigner.

Well, look at us now. The Filipinos CANNOT govern themselves and that is a fact!

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