hi everyone, it's been many weeks since, but something happen to my computer when i downloaded the "google earth". it is still not very fast but i'll make an effort.

it caught my attention of the good news about the Philippines economic performance. i think this is the beginning of a positive outlook for better future for all Filipinos. thanks to the hardworking and astute leadership of the administration of President Gloria Macapagal Arroyo, and the Philippines have just posted over $20 billion in reserve. i'll shall post more next time.

hi everyone, it's been many weeks since, but something happen to my computer when i downloaded the "google earth". it is still not very fast but i'll make an effort.

it caught my attention of the good news about the Philippines economic performance. i think this is the beginning of a positive outlook for better future for all Filipinos. thanks to the hardworking and astute leadership of the administration of President Gloria Macapagal Arroyo, and the Philippines have just posted over $20 billion in reserve. i'll shall post more next time.

hi everyone, it's been many weeks since, but something happen to my computer when i downloaded the "google earth". it is still not very fast but i'll make an effort.

it caught my attention of the good news about the Philippines economic performance. i think this is the beginning of a positive outlook for better future for all Filipinos. thanks to the hardworking and astute leadership of the administration of President Gloria Macapagal Arroyo, and the Philippines have just posted over $20 billion in reserve. i'll shall post more next time.

Good one, Sors !!!

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Success is not final. Failure is not fatal. It's the courage to continue that counts.

Better future for the filipinos? I don't think so. Because as days passes by, rich people here become richer & middle & poor ones become poorer now. Where is good economy here? Everything is going up because of this 12% VAT. Where are the tax payments that we paid go?

You must be joking, right? What better future are you blabbering about?

The fact that Filipinos are willing to line up for days (and dying) just to win some money from some game show speaks volumes about the state of our economy, despite the rosy pronouncements from NEDA and some textbook economist from the UP and Ateneo.

Why do you think many Filipinos are fleeing this country for greener pastures abroad? And the numbers of those leaving the country are increasing every year.

Better future? Perhaps Filipinos have a better future- abroad!

Just ask the nurses.

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An eye for an eye makes the whole world blind.

Mahatma Gandhi

You have to look at the big picture bro. This you can't do if you look only at isolated cases. You can't say for example that China's economy isn't growing because Choi Ku Kie and his 200 neighbors can't find a job in thier hellhole province. Furthermore, is poverty the main reason why nurses want to migrate to the US? I could give you a list of rich people that want to migrate to the US>

opps! somebody is hotblooded in here. i have posted a reply to willenette but unfortunately is not here. and hi crazykeyboard hope you got my reply too.

hi gerry65 it's nice to see you smiling. and we cannot pinpoint poverty as the basis of blame to the unfortunate event last saturday. because even in affluent countries they have shows similar to WOWOWEE but it is done where audiences are limited for insurance purposes. and what happen last saturday is a lesson to all the event organizers in philippines that proper coordination and descipline must be in place.

if we want to understand the working for better infrastructure of the country EVAT is the best thing that the government have done. is not easy for most of us especially the wage earners but we have to understand that the country cannot sustain without help from the population by way of paying proper tax. EVAT sounds horrible for most us but we''ll get use to it. and ECONOMICALLY it is for long term benefit for the country.

actually the local government (LGU) should help by collecting more taxes from land and homeowners to fund their constituent infrastructure. the philippines still backward when it comes to services around their designated governance because of lack of finances. these will be solve if the local government (LGU) could make all residences understand the need for them to pay for their existence. and economically the money from tax collection will provide jobs as well.

NO. We already have enough taxes to centend with. The problem is the inneficiency of our tax collection, and not because we don't have enough taxes. The key is better collection of existing taxes, and not the imposition of new ones.

To be blunt, E-vat is actually for the long-term benefit of our creditors, the multilateral banks. where do you think the bulk of this money would go - DEBT SERVICING. What the government should do is to temporarily cease payment of our foreign debt for a few years at least, while we use the money to get back on our feet. This long-running, ######, senseless policy of taxing and taxing the populace just to please our foreign creditors to the detriment of the population is treason to the filipino people and has got to stop if we want to survive.

Pardon me for my candor but I need to get this out to everyone.

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An eye for an eye makes the whole world blind.

Mahatma Gandhi

The nurses are not isolated cases. The glaring fact is, more and more Filipinos are trying to leave the country just to give their families a chance to survive, to have something decent to eat, to be able to study and have a semblance of a future. And the reason: our government could not even give them decent jobs here in our country, despite their grandiose pronouncements about how well our economy is "growing" ! Strong Republic ? The NEDA even classifies people who work only once a week as "fully-employed". tsk tsk...

You are in a sense right. China's economy may be growing, statistically that is, but then does it make you wonder if "growth" as defined by our NEDA econoquacks and their counterparts abroad actually benefit the people? As your example shows, two hundred hungry and unemployed in a province more likely reflects the situation in china's other provinces since there is no reason for us to believe that it is limited to just a single neighborhood, or a single province for that matter. Growth may not exactly be = to jobs and a sense of well-being.

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An eye for an eye makes the whole world blind.

Mahatma Gandhi

Yes, most of these taxes go to debt paying from the time of Marcos, to Aquino, to Ramos and it trickles down to the present administration. And other 'highly-priced' decisions.

Read these articles and you'll know how much the Philippines owe the World Bank and the other foreign creditors, how it came about and who are the instigators. Though these are views of different people not of the Phil. government.

http://www.cadtm.org/article.php3?id_article=1732

http://www.focusweb.org/philippines/content/view/92/6/

http://multinationalmonitor.org/hyper/issu.../economics.html

http://www.pcij.org/stories/2002/ramos.html

http://www.hartford-hwp.com/archives/54a/138.html

http://www.txtmania.com/trivia/social.php

http://www.monthlyreview.org/1299scip.htm

http://www.atimes.com/atimes/Southeast_Asia/FJ05Ae01.html


And can this 'cure' of the Phil. situation be beneficial:

http://www.forbes.com/markets/feeds/afx/20...afx2194198.html

Here are more articles:

http://www.peoplesgovernance.org/iicg/news-worldbank.html

http://www.odiousdebts.org/odiousdebts/ind...itles&SubID=694

"Political and economic reforms such as Charter Change must be prioritized to maintain the Philippine economy's positive momentum in the long run"


Russel08
B.Economics/Political Economy
University of Sydney

Note: Feel free to quote my above statement. You could send me private message for enquiries.

hi

it's really funny that some ppl and the goverment itself keeps on LYING.

when in fact. more people are getting hopeless... goverment keep on saying positive, positive. but looks what the REAL score.

my observation/prediction. Philippines is going down hard. it will take a long time for philippine to recover. ;-( but i still believe in 'magic'.

regards

hi russel08, i have just posted a response to your post but as usual i can't see it here.

i'll try my luck again and this will my third one.

you and i is in a country where the atmosphere is stable. well apart from noises from some religious fanatics which is around the world problem, politically and economically the country we are in is pretty stable. it would be wise for GMA to model it in her governance. i support GMA economic refroms and other initiatives for the of the country and for the people because most of her program has the of the country we are in, which is pretty stable.

good to know of your economic political degree perhas oneday you can apply your help and knowledge in philippines.

aaron aldrich statement is not very encouraging but anyone are entitled to their belief. it's sure takes a while to get the country going. but with washington is also watching of the positive economic reform from the president i should say that the philippines economic growth would continue. with the strong peso performance i should say that the philippines is really on the way to recovery.

palagay ko ok naman yung mga theoretical signs ng pagiging maunlad ng economy natin. pataas nang pataas ang piso, pati stock market, etc. pero hindi ko lang alam yung actual. palagay ko in actual sense bagsak pa rin e kaya dapat tapusin na ang oil deregulation. mga sakim na yang mga oil industries na yan e.

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Je ne sais pas parler français. Veuillez m'enseigner.

wish the world was more cautious of the consequences of being too dependent on oil usage. a lesson to learn for future generations.

it's up to the present and future leadership to find an alternative of this oil dependency. smart inventors and scientest are probably busy now of solving this oil problem.

another alternative is to teach the new generation of the old fashion way of lifestyle, that oil was not necessary of our existence.

all these technologies are the culprit of the oil dependency. but it says it is the core of economic growth but hope our future generation can find another alternative to drive economic growth away from oil dependency.

wish the world was more cautious of the consequences of being too dependent on oil usage. a lesson to learn for future generations.

it's up to the present and future leadership to find an alternative of this oil dependency. smart inventors and scientest are probably busy now of solving this oil problem.

another alternative is to teach the new generation of the old fashion way of lifestyle, that oil was not necessary of our existence.

all these technologies are the culprit of the oil dependency. but it says it is the core of economic growth but hope our future generation can find another alternative to drive economic growth away from oil dependency.

wish the world was more cautious of the consequences of being too dependent on oil usage. a lesson to learn for future generations.

it's up to the present and future leadership to find an alternative of this oil dependency. smart inventors and scientest are probably busy now of solving this oil problem.

another alternative is to teach the new generation of the old fashion way of lifestyle, that oil was not necessary of our existence.

all these technologies are the culprit of the oil dependency. but it says it is the core of economic growth but hope our future generation can find another alternative to drive economic growth away from oil dependency.

bearish economy

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HUS BACK!?