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state</category><category>rpa-abb</category><category>Cory</category><category>house resolution 6625</category><category>rice subsidy</category><category>nestor mantaring</category><category>entrepreneurship</category><category>tcb</category><category>professor prospero de vera</category><category>national historical institute</category><category>kalayaan group of islands</category><category>Pilipinas kay ganda</category><category>truth in blogging</category><category>book of revelations</category><category>jessa zaragosa</category><category>LRT bombing in 2000</category><category>st luke's medical center</category><category>political party</category><category>philippine marines</category><category>mabel mamba</category><category>sona</category><category>speaker jose de venecia</category><category>1987 pHILIPPINE CONSTITUTION</category><category>quintuplets</category><category>katrina halili-hayden kho sex video</category><category>kris allen</category><category>villar-zamora</category><category>manolo quezon</category><category>bicol region</category><category>senator kiko pangilinan</category><category>dante jimenez</category><category>samasa alumni</category><category>kundiman</category><category>angelo reyes committed suicide</category><category>rp rice cartels</category><category>arroyo dinner at le cirque</category><title>New Philippine Revolution</title><description>A valuable source of the latest news, opinions and a site that exposes the newest scams and sinister plans of the Philippine elite groups.</description><link>http://newphilrevolution.blogspot.com/</link><managingEditor>noreply@blogger.com (PatricioMangubat)</managingEditor><generator>Blogger</generator><openSearch:totalResults>2358</openSearch:totalResults><openSearch:startIndex>1</openSearch:startIndex><openSearch:itemsPerPage>25</openSearch:itemsPerPage><atom10:link xmlns:atom10="http://www.w3.org/2005/Atom" rel="self" type="application/rss+xml" href="http://feeds.feedburner.com/phil2011" /><feedburner:info uri="phil2011" /><atom10:link xmlns:atom10="http://www.w3.org/2005/Atom" rel="hub" href="http://pubsubhubbub.appspot.com/" /><item><guid isPermaLink="false">tag:blogger.com,1999:blog-1191186405357443063.post-7608417533950429013</guid><pubDate>Sat, 28 Jan 2012 00:35:00 +0000</pubDate><atom:updated>2012-01-28T08:40:04.392+08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">shalani soledad</category><category domain="http://www.blogger.com/atom/ns#">pnoy and shalani</category><category domain="http://www.blogger.com/atom/ns#">shalani soledad wedding</category><category domain="http://www.blogger.com/atom/ns#">wedding of roman and shalani</category><category domain="http://www.blogger.com/atom/ns#">roman romulo</category><title>Shalani Soledad wept in her wedding</title><description>&lt;table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right; margin-left: 1em; text-align: right;"&gt;&lt;tbody&gt;
&lt;tr&gt;&lt;td style="text-align: center;"&gt;&lt;a href="http://4.bp.blogspot.com/-xHrmd160zG8/TyNB4ZUTOWI/AAAAAAAACQo/-IUvrd4lUao/s1600/shalani-wedding-gown.jpg" imageanchor="1" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"&gt;&lt;img border="0" height="240" src="http://4.bp.blogspot.com/-xHrmd160zG8/TyNB4ZUTOWI/AAAAAAAACQo/-IUvrd4lUao/s320/shalani-wedding-gown.jpg" width="320" /&gt;&lt;/a&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class="tr-caption" style="text-align: center;"&gt;The Bride who was sacrificed for the sake of&lt;br /&gt;
the Filipino People&lt;/td&gt;&lt;/tr&gt;
&lt;/tbody&gt;&lt;/table&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;b&gt;The camera never lies. When the camera shot the beautiful bride, Shalani Soledad, she was on the verge of crying a bucketful. For someone who just separated from her lover several moons ago, and now, married to someone she just met last August, it must have been a whirlwind and a difficult thing to accept for the thirty four year old beauty from Valenzuela.&amp;nbsp;&lt;/b&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;What were her thoughts back then, minutes before she walked the aisle and unto the arms of her new husband, Pasig Congressman Roman Romulo? Was she thinking of President Benigno Noynoy Aquino, the lover that decided to sacrifice his own happiness in favor of the presidency?&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Noynoy decided to end his relationship with Shalani a few months after his vows before the people. The people, they say, are a jealous lot. They want their president for their own. Rumors also of Shalani's past haunted him, who, sources very close to PBSA3 say, disturbed but never changed his love for her.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;div class="separator" style="clear: both; text-align: center;"&gt;
&lt;a href="http://4.bp.blogspot.com/-x4BWI2m7Zek/TyNChK2VKwI/AAAAAAAACQw/gvSZ-xiLxew/s1600/Shalani-Soledad-Wedding-Photo-Video-4.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"&gt;&lt;img border="0" height="239" src="http://4.bp.blogspot.com/-x4BWI2m7Zek/TyNChK2VKwI/AAAAAAAACQw/gvSZ-xiLxew/s320/Shalani-Soledad-Wedding-Photo-Video-4.jpg" width="320" /&gt;&lt;/a&gt;&lt;/div&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Sources told me that Pnoy just locked himself up in his Bahay Pangarap during the time that Shalani and Roman were saying their vows at the Ayala Westgrove church in Santa Rosa Laguna. Pnoy reportedly asked his aides not to disturb him. Pnoy had just ordered his aides to send his gifts to the newly-weds, since both are his friends.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Shalani, according to friends who attended the wedding, was simply elegant. She was wearing a very simple Inno Sotto gown, with a veil hiding her lovely face. That veil hid her lovely eyes. No one ever noticed that, minutes ago, those eyes were filled with tears.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Were they tears of joy or of sadness or of regret? No one can tell, except Shalani who probably cursed the day when her love, Pnoy, went unto that stage, and promised to serve this country as its Bachelor President?&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;It must also been hard for Pnoy. At fifty years old, Pnoy has been reported to date this and that, and been seen, cozying up with this girl and that girl, only to end up, just by his lonesome after a dinner date. When he was still a Senator, Pnoy looked radiant. Look at his latest photo now, and you'll noticed that Pnoy, our President, just got thinner and he aged a lot. The burdens of the Presidency must have taken most of his time and his health as well.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;I pray for a time that we will not burden the Aquino family anymore on the affairs of the Philippine State. This family has taken more hits than any single one of us. The Aquino family has been tortured to no avail during the dictatorial regime of Marcos, humiliated, spit at, and isolated. It was the Filipino People who urged this family to take the cudgels of leading the fight for democracy. This family has sacrificed a lot for the Filipino Nation.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;BY 2016, I hope that we give Pnoy and his family, the rest that they deserve. The Aquinos must retire from politics, knowing full well that they have contributed enough for the Inang Bayan and their stature in history will never be questioned. If the Americans have their Kennedys, we have our Aquinos.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;div class="blogger-post-footer"&gt;&lt;a href="http://technorati.com/faves?sub=addfavbtn&amp;amp;add=http://newphilrevolution.blogspot.com"&gt;&lt;img src="http://static.technorati.com/pix/fave/tech-fav-1.png" alt="Add to Technorati Favorites" /&gt;&lt;/a&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1191186405357443063-7608417533950429013?l=newphilrevolution.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/phil2011/~4/4G1wZxHf5gk" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/phil2011/~3/4G1wZxHf5gk/shalani-soledad-wept-in-her-wedding.html</link><author>noreply@blogger.com (PatricioMangubat)</author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="http://4.bp.blogspot.com/-xHrmd160zG8/TyNB4ZUTOWI/AAAAAAAACQo/-IUvrd4lUao/s72-c/shalani-wedding-gown.jpg" height="72" width="72" /><thr:total>0</thr:total><feedburner:origLink>http://newphilrevolution.blogspot.com/2012/01/shalani-soledad-wept-in-her-wedding.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-1191186405357443063.post-84959537847326178</guid><pubDate>Sat, 28 Jan 2012 00:09:00 +0000</pubDate><atom:updated>2012-01-28T08:09:04.427+08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">economic performance of the aquino administration</category><category domain="http://www.blogger.com/atom/ns#">graft and corruption at the bureau of customs</category><category domain="http://www.blogger.com/atom/ns#">president benigno s aquino III</category><title>Pnoy should stop playing and concentrate on his work as President</title><description>&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;As some of us salivate over news of another Pnoy tryst with a Korean celebrity, many of us are deathly worried over the cavalier attitude of this government insofar as economic matters are being discussed. As Pnoy tries to cozy up with Korean celebrity Grace Lee, the Philippine stock market dived to its lowest in two years. Foreign investors are not buying what Pnoy told the business community that this administration will further open the domestic markets for globalization. How can that be possible, when the business tycoons of this country are slowly making a killing by limiting the space that foreign-based investments can actually play on?&lt;/span&gt;&lt;div&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Tell me of just one Private-Public Initiative that took off and I'll tell you, there's none. Tell me of one big company sued by this government of economic sabotage and I'll tell you, there's also none. Ask me if some big time businessman has been put to jail for not paying the right taxes and i'll also tell you, there's no single animal out there who was hand-cupped and put in jail. Those press releases from the Bureau of Internal Revenue (BIR) are not making it quite easy for investors to really consider the Philippines as an open market.&lt;/span&gt;&lt;/div&gt;
&lt;div&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;a href="http://www.philstar.com/Article.aspx?articleId=771962&amp;amp;publicationSubCategoryId=64" target="_blank"&gt;Carmen Pedrosa in her article today over at the Philippine Star&lt;/a&gt; blame wrong policies of the Aquino administration as the reasons for the lackluster economic performance of government. There is so much potential in this country but this administration is taking its sweet time, spending precious moments planning instead of just implementing what the previous Medium Term Development Plan (MTDP) PROPOSED SEVERAL ADMINISTRATIONS AGO. That plan was a blueprint, yet some if not many of its proposals are being left to rust in time by this administration.&amp;nbsp;&lt;/span&gt;&lt;/div&gt;
&lt;div&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;How then can it solve the increasing number of job hunters in the market or the debilitating rise of poverty throughout the archipelago? Graft and corruption continues unabated, and if we are to believe certain quarters, like what my friend Bobby Capco wrote in his column, corruption continues at the Bureau of Customs, even. Big-time players have cornered the entire market, and those two idealists whom Pnoy put in trust there, remained busy counting their blessings, never their accomplishments.&lt;/span&gt;&lt;/div&gt;
&lt;div&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Politics is destroying this administration, bit by bit, and I'll not be surprised if later on, we see a hollow administration.&amp;nbsp;&lt;/span&gt;&lt;/div&gt;
&lt;div&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;a href="http://technorati.com/faves?sub=addfavbtn&amp;amp;add=http://newphilrevolution.blogspot.com"&gt;&lt;img src="http://static.technorati.com/pix/fave/tech-fav-1.png" alt="Add to Technorati Favorites" /&gt;&lt;/a&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1191186405357443063-84959537847326178?l=newphilrevolution.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/phil2011/~4/b24wRL7RvlE" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/phil2011/~3/b24wRL7RvlE/pnoy-should-stop-playing-and.html</link><author>noreply@blogger.com (PatricioMangubat)</author><thr:total>0</thr:total><feedburner:origLink>http://newphilrevolution.blogspot.com/2012/01/pnoy-should-stop-playing-and.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-1191186405357443063.post-850865071026937070</guid><pubDate>Fri, 27 Jan 2012 11:18:00 +0000</pubDate><atom:updated>2012-01-27T19:18:13.945+08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">sagittarius mines incorporated</category><category domain="http://www.blogger.com/atom/ns#">rejection of ecc by denr</category><category domain="http://www.blogger.com/atom/ns#">philippine mining act of 1995</category><category domain="http://www.blogger.com/atom/ns#">zte scandal</category><category domain="http://www.blogger.com/atom/ns#">denr memorandum circular on ecc</category><category domain="http://www.blogger.com/atom/ns#">denr secretary ramon paje</category><category domain="http://www.blogger.com/atom/ns#">smi</category><title>Tampakan Copper-Gold project---Aquino's ZTE in the making?</title><description>&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;DENR secretary Ramon Paje in his 9 January 2012 decision rejecting the ECC application of Sagitarrius Mines Incorporated (SMI) rationalized his decision by stating this in his letter to Mitch Cuna, the OIC chief of the Environmental Management Bureau (EMB):&lt;/span&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;blockquote class="tr_bq"&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;“We are returning herewith the application documents with instruction to deny the same without prejudice to resubmit&lt;b&gt; until the issues and concern on the use of open-pit mining method have been clarified and resolved by the company [SMI] with the Provincial Government of South Cotabato,&lt;/b&gt;”&amp;nbsp;&lt;/span&gt;&lt;/blockquote&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;The ECC or Environmental Compliance Certificate based on the Philippine Mining Act of 1995 is described as:&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;blockquote class="tr_bq"&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;"Environmental Compliance Certificate (ECC)" refers to the document issued by the government agency concerned certifying that the project under consideration will not bring about an unacceptable environmental impact and that the proponent has complied with the requirements of the environmental impact statement system.&lt;/span&gt;&lt;/blockquote&gt;
&lt;div style="background-color: white;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;CLEARLY, Paje acted in excess of his powers and jurisdiction as the DENR chief for two (2) reasons: First, he rejected the ECC using the open pit mining ban issued by the Provincial government of South Cotabato as a reason. Paje probably did not know the law or was absent when the DENR law was being taught to him.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;By using this as a reason, Paje exceeded his duties and powers as DENR chief. It is clear in the environmental laws of this country that the ECC is to be granted to an entity if an EIS (Environmental Impact Study) was submitted and all documentary and regulatory requirements are satisfied by the applicant company.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;A DENR circular memorandum issued by then&amp;nbsp;&lt;a href="http://server2.denr.gov.ph/files/dmc-2007-08_189.pdf" target="_blank"&gt;DENR secretary Angelo Reyes dated July 2007&lt;/a&gt;&amp;nbsp;says in very clear language that :&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;blockquote class="tr_bq"&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;b&gt;&lt;span style="font-size: large;"&gt;No &amp;nbsp;permits, &amp;nbsp;and/or &amp;nbsp;clearances &amp;nbsp;issued &amp;nbsp;by &amp;nbsp;other &amp;nbsp;National&amp;nbsp;Government &amp;nbsp;Agencies &amp;nbsp;and &amp;nbsp;Local &amp;nbsp;Government &amp;nbsp;Units &amp;nbsp;shall &amp;nbsp;be&amp;nbsp;required in the processing of &amp;nbsp;ECC or CNC applications.&lt;/span&gt;&lt;/b&gt; (provision no. 1 in&amp;nbsp;DENR MEMORANDUM CIRCULAR&amp;nbsp;NO. 2007 - 08&amp;nbsp;SUBJECT &amp;nbsp;: &amp;nbsp;Simplifying &amp;nbsp;the &amp;nbsp;Requirement &amp;nbsp;for&amp;nbsp;Environmental &amp;nbsp;Compliance &amp;nbsp;Certificate &amp;nbsp;or&amp;nbsp;Certificate of Ron-Coverage &amp;nbsp;Applications)&lt;/span&gt;&lt;/blockquote&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Likewise based on the ECC approval process flow, only the EMB DIRECTOR can reject or approve the ECC of the applicant, based on of course, suggestions from other government agencies. You see, &lt;a href="http://r12.denr.gov.ph/attachments/Transparency%20Govenance/emb5/ECC%20for%20Envi%20Critical%20Project.pdf" target="_blank"&gt;when an application is submitted to the EMB, the application is passed to other relevant agencies&lt;/a&gt;.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Besides, the reason used by Paje in rejecting the ECC is also FAULTY and in direct contravention of the law because the Philippine Mining Act of 1995 does not require the people's approval in the issuance of the ECC:&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;blockquote class="tr_bq"&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Sec.&lt;span class="Apple-tab-span" style="white-space: pre;"&gt; &lt;/span&gt;70&lt;span class="Apple-tab-span" style="white-space: pre;"&gt; &lt;/span&gt;Environmental Impact Assessment (EIA). Except during the exploration period of a mineral agreement or financial or technical assistance agreement or an exploration permit, &lt;u&gt;&lt;b&gt;an environmental clearance certificate shall be required based on an environmental impact assessment and procedures under the Philippine Environmental Impact Assessment System including Sections 26 and 27 of the Local Government Code of 1991 &lt;/b&gt;&lt;/u&gt;which require national government agencies to maintain ecological balance, and prior consultation with the local government units, nongovernmental and people's organizations and other concerned sectors of the community: Provided, That a completed ecological profile of the proposed mining area shall also constitute part of the environmental impact assessment. People's organizations and non-governmental organizations shall be allowed and encourage to participate in ensuring that contractors/permittees shall observe all the requirements of environmental protection.&lt;/span&gt;&lt;/blockquote&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Clearly, this means that the participation of the DENR and the EMB in issuing an ECC is MINISTERIAL. If the study followed the Philippine Environmental Impact assessment and procedures and those of Section 26 and 27 of the Local Government Code of 1991 and prior consultation, then the government is free to issue an ECC.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Prior consultation provision in the law only says that the applicant shall involve people's organisations and NGO's and other concerned sectors of the community in "ensuring that the contractors/permittees shall observe all the requirements of environmental protection." If the applicant has substantially followed and satisfied the requirements of the law, it is the right of the applicant to be issued an ECC.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;I have been part of the ZTE scandal, and I sense something terribly wrong with how government handled this thru the DENR secretary. Paje should explain this otherwise, there might be some confusion especially from the foreign investor community. This is ONE EXPLOSIVE ISSUE WHICH COULD HURT THE REPUTATION OF THIS ADMINISTRATION.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;br /&gt;
&lt;br /&gt;
&lt;br /&gt;
&lt;br /&gt;&lt;div class="blogger-post-footer"&gt;&lt;a href="http://technorati.com/faves?sub=addfavbtn&amp;amp;add=http://newphilrevolution.blogspot.com"&gt;&lt;img src="http://static.technorati.com/pix/fave/tech-fav-1.png" alt="Add to Technorati Favorites" /&gt;&lt;/a&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1191186405357443063-850865071026937070?l=newphilrevolution.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/phil2011/~4/niElQorJuFY" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/phil2011/~3/niElQorJuFY/tampakan-copper-gold-project-aquinos.html</link><author>noreply@blogger.com (PatricioMangubat)</author><thr:total>0</thr:total><feedburner:origLink>http://newphilrevolution.blogspot.com/2012/01/tampakan-copper-gold-project-aquinos.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-1191186405357443063.post-5671623949730481654</guid><pubDate>Fri, 27 Jan 2012 05:47:00 +0000</pubDate><atom:updated>2012-01-27T18:44:18.008+08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">sagittarius mines incorporated</category><category domain="http://www.blogger.com/atom/ns#">denial of ecc of smi</category><category domain="http://www.blogger.com/atom/ns#">denr denial of ecc</category><category domain="http://www.blogger.com/atom/ns#">open pit mining ban</category><category domain="http://www.blogger.com/atom/ns#">smi</category><category domain="http://www.blogger.com/atom/ns#">ramon paje</category><title>The Tampakan Project and Why Foreign Investors are wary about the Philippines</title><description>&lt;span style="font-family: Georgia, 'Times New Roman', serif; font-size: large;"&gt;&lt;b&gt;DENR secretary Ramon Paje just issued a denial of the Environmental Compliance Certificate of Sagitarrius Mines Incorporated (SMI), the major and only contractor in the Tampakan Copper-Gold project in Mindanao. Paje said in his denial that SMI should resolve the contentious open pit mining ban issued by the Provincial Government of South Cotabato before an ECC is to be issued for SMI.&amp;nbsp;&lt;/b&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;I simply don't understand the logic of Mr. Paje. Based on law and existing jurisprudence, the issuance of the ECC is ministerial in nature by the authorising agency, the Mines and Geosciences Bureau of the DENR. An ECC is a right or privilege granted to a juridical entity to explore the natural resources of a given area. &lt;a href="http://server2.denr.gov.ph/files/dmc-2007-08_189.pdf" target="_blank"&gt;The requirement is simple---when an entity submits its Environmental Impact Study and the EIS is deemed substantial compliance already by the MGB, the issuance of an ECC is already given and is ministerial.&lt;/a&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;a href="http://server2.denr.gov.ph/files/dmc-2007-08_189.pdf" target="_blank"&gt;There is no provision in existing law that an ECC can be denied simply on the basis of a ban imposed by a local government unit nor is it based on the whims and caprices of a Cabinet secretary&lt;/a&gt;. The law is clear--to avoid an exercise of excess power and jurisdiction by a Cabinet member, the legislature made it substantially clear that the denial of an ECC can only be imposed if the applicant has violated existing laws or has not made any study to mitigate the impact of such an exploration. Simple. Clear.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Is there any other reason to deny the ECC of a compliant SMI?&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;span style="font-size: large;"&gt;&lt;b&gt;Mr. Paje should be made aware that the Tampakan PROJECT is a government project. It is not a private initiative of SMI. SMI is not just working for itself---it is a contractor of government. As a contractor of government, it is entitled to the full support of government, whether Paje likes it or not&lt;/b&gt;. &lt;/span&gt;It is the government that asked SMI to assist it in minerals exploration of Tampakan and not the other way around. When SMI passed the regulatory conditions set forth by the government as a contractor and when SMI won the contract, it is already presumed that the government already reviewed the technical competence of SMI as a contractor.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;b&gt;Don't tell me that now, government is reversing itself by saying that the very contractor it chose to handle the project is incompetent or technically unfit to handle the project? Who actually made the decision to hire SMI, ISN'T THE GOVERNMENT ITSELF?&lt;/b&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;b&gt;&lt;span style="font-size: large;"&gt;Mr Paje's decision lay bare a government trying to undermine itself&lt;/span&gt;&lt;/b&gt;. That is not what President Aquino III wants. When he made a statement yesterday, assuring the business community of an open and liberal economy, President Aquino was trying to communicate to the foreign and local investor community of government non-interference to the business community.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;How, then, can President Aquino explain this?&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Even Mr. Paje's logic is very unsound. He says in numerous interviews that SMI should go to the courts as a remedy.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;b&gt;&lt;span style="font-size: large;"&gt;The Tampakan Copper-Gold project is one of the most ambitious minerals project of the GOvernment of the Republic of the Philippines. &lt;/span&gt;&lt;/b&gt;The project is expected to generate close to 39.8 billion pesos in royalty payments alone to the indigenous communities there in Tampakan. That amount would substantially develop the area and erase the scourge of poverty in that part of Mindanao. Imagine how many jobs would be generated by that.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;SMI has spent close to 135 million pesos already in development projects alone in Tampakan. SMI is also the top revenue payor in the country. Other benefits include:&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;The region would enjoy substantial benefits from the mine which include:&lt;/span&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;ul&gt;
&lt;li&gt;&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;An annual contribution of on average PhP134 billion&amp;nbsp;to Philippine gross&amp;nbsp;domestic product (GDP) each year over the construction and operation&amp;nbsp;phases – equivalent to an additional annual increase of 1% to Philippine GDP&lt;/span&gt;&lt;/li&gt;
&lt;li&gt;&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Total government revenues (national and local) through a variety of taxes and&amp;nbsp;charges of approximately PhP307 billion&amp;nbsp;(nominal) over the life of the Project&lt;/span&gt;&lt;/li&gt;
&lt;li&gt;&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Royalty payments and direct contributions in excess of PhP39.8billion&amp;nbsp;(nominal)&amp;nbsp;to local communities and local indigenous groups over the Project’s life&lt;/span&gt;&lt;/li&gt;
&lt;li&gt;&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Opportunities for approximately 10,000 workers during the peak of the&amp;nbsp;construction phase and direct employment opportunities for approximately&amp;nbsp;2,000 workers during the operations phase&lt;/span&gt;&lt;/li&gt;
&lt;li&gt;&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Engagement of local contractors and service providers, generating further&amp;nbsp;substantial employment within the Philippines.&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;div&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Quite often, President Aquino has been severely criticized for not taking care of the economy. He was previously even blamed for the lack luster performance of the economy.&lt;/span&gt;&lt;/div&gt;
&lt;div&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Now, this humongous investment project lies before him and his cabinet. As a government project, SMI deserves the full support of the Aquino administration. This project, if operationalize, would be the fifth largest copper-gold mine in the world and the largest in the Philippines.&amp;nbsp;&lt;/span&gt;&lt;/div&gt;
&lt;div&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Why make it extremely hard for SMI as a government partner to secure all these clearances and permits? Is Paje waiting for something?&lt;/span&gt;&lt;/div&gt;
&lt;div&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;I am afraid that if this administration mismanages or mishandles this issue, this could explode right before the very faces of these Cabinet members.&amp;nbsp;&lt;/span&gt;&lt;/div&gt;
&lt;br /&gt;&lt;div class="blogger-post-footer"&gt;&lt;a href="http://technorati.com/faves?sub=addfavbtn&amp;amp;add=http://newphilrevolution.blogspot.com"&gt;&lt;img src="http://static.technorati.com/pix/fave/tech-fav-1.png" alt="Add to Technorati Favorites" /&gt;&lt;/a&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1191186405357443063-5671623949730481654?l=newphilrevolution.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/phil2011/~4/zTVumwRxZBQ" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/phil2011/~3/zTVumwRxZBQ/tampakan-project-and-why-foreign.html</link><author>noreply@blogger.com (PatricioMangubat)</author><thr:total>2</thr:total><feedburner:origLink>http://newphilrevolution.blogspot.com/2012/01/tampakan-project-and-why-foreign.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-1191186405357443063.post-7782234036150374222</guid><pubDate>Thu, 26 Jan 2012 00:21:00 +0000</pubDate><atom:updated>2012-01-26T08:21:58.049+08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">marissa lapid</category><category domain="http://www.blogger.com/atom/ns#">lito lapid</category><category domain="http://www.blogger.com/atom/ns#">mark lapid</category><category domain="http://www.blogger.com/atom/ns#">lito lapid's wife arrested in us</category><category domain="http://www.blogger.com/atom/ns#">senator lito lapid</category><title>Senator Lito Lapid's wife arrested for dollar smuggling</title><description>&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Senator Lito Lapid's wife, Marissa, was reportedly arrested in the United States for dollar smuggling. She had with her a bag containing US$ 50,000.00. That's 2.5 million pesos.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Lapid confirmed the arrest and says that his wife is okey and out on bail. The alleged smuggling happened last November 2011.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;This is another embarrassing situation for us, Pinoys. Imagine, Leon Guerrero, who is supposed to be poor and the representative of his economic class, having at least US$50,000 just for shopping money.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Of course, we are not in the position to question Senator Lapid. He's not the poor stuntman anymore. He was once Pampanga governor. And that US$50,000 is just, what, loose change?&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Anyway, I don't know with you, but this calls for an inquiry. The issue involves a Senator. Maybe it's also time to open up the SALNs and ITRs of Senators?&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Will this issue spark calls for another cleansing process, this time, the Legislature? Maybe. Let's see.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;div class="blogger-post-footer"&gt;&lt;a href="http://technorati.com/faves?sub=addfavbtn&amp;amp;add=http://newphilrevolution.blogspot.com"&gt;&lt;img src="http://static.technorati.com/pix/fave/tech-fav-1.png" alt="Add to Technorati Favorites" /&gt;&lt;/a&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1191186405357443063-7782234036150374222?l=newphilrevolution.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/phil2011/~4/cxQU2bnZODs" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/phil2011/~3/cxQU2bnZODs/senator-lito-lapids-wife-arrested-for.html</link><author>noreply@blogger.com (PatricioMangubat)</author><thr:total>0</thr:total><feedburner:origLink>http://newphilrevolution.blogspot.com/2012/01/senator-lito-lapids-wife-arrested-for.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-1191186405357443063.post-814910534655338399</guid><pubDate>Wed, 25 Jan 2012 00:59:00 +0000</pubDate><atom:updated>2012-01-25T08:59:33.648+08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">cory aquino</category><category domain="http://www.blogger.com/atom/ns#">cory aquino's birthday</category><category domain="http://www.blogger.com/atom/ns#">corazon cojuangco aquino</category><title>President Corazon "Cory" Aquino--remembering the First Filipino Citizen</title><description>&lt;table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"&gt;&lt;tbody&gt;
&lt;tr&gt;&lt;td style="text-align: center;"&gt;&lt;a href="http://1.bp.blogspot.com/-MqhPdYSrzXI/Tx9S1zZaTfI/AAAAAAAACQg/anfRKIMJ93o/s1600/165758_192537764105758_100000486076910_669933_3783244_n.jpg" imageanchor="1" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"&gt;&lt;img border="0" src="http://1.bp.blogspot.com/-MqhPdYSrzXI/Tx9S1zZaTfI/AAAAAAAACQg/anfRKIMJ93o/s1600/165758_192537764105758_100000486076910_669933_3783244_n.jpg" /&gt;&lt;/a&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class="tr-caption" style="text-align: center;"&gt;" The MOther of the Nation"&lt;/td&gt;&lt;/tr&gt;
&lt;/tbody&gt;&lt;/table&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;I still remember the very last time I saw former President Cory Aquino alive---when we had a meeting with her about the impeachment of former president Gloria Macapagal-Arroyo. She was frail then, but the sparkle in her eyes betray her true strength. Cory was one of a few individuals whom I met who exuded great strength in their spirits. As what the Good book says, the flesh may be weak, but the Spirit is willing.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;How many times did this great woman sacrificed her life for the country she and her husband loved more than themselves? Many times. Even during her bout with cancer, Cory's mind was about the people who were risking their lives trying to fight the most evil of all regimes back then---the Arroyo regime.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;I remmeber in 1988 when her administration got the most punishment from reformist soldiers and she went to pray for guidance in a church where we were then (Kiko was there, David Celdran our student council president was there and some colleagues of mine). Me and my friend, Hector Halabaso was left with only 25 centavos in our pockets when the coup began. Despite this, we went to the church where Cory was at, and we prayed with her. That was the first time I saw her. And the last time was about two decades hence---in a coffin where she lies.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Cory said this once: &lt;b&gt;&lt;span style="font-size: large;"&gt;" I would rather die a meaningful death than live a meaningless life."&lt;/span&gt;&lt;/b&gt; For this woman, she lived a meaningful life, inspired millions to live according to the Truth, Justice and Democracy.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;She epitomized the First Filipino Citizen, who rises to the occasion and retires when the job has been completed. When her country encounters problems, Cory was there, with the people, struggling with them and afterwards, returning to her home to tend to her domestic duties.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Cory experienced both a meaningful life and a worthy death.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Her death inspired millions to continue living as a model citizen, able to distinguish between good and evil, Right or Wrong, and resist darkness where ever it may be.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Cory is a revolutionist. Cory is the model of a revolutionist who exercised her will over tyranny and derived her strength from the people. The masa, as what she always say, is her boss. And she will forever be imbedded in our hearts.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;To madame president, may your Spirit live forever! May God take good care of you and I hope to see you soon.&amp;nbsp;&lt;/span&gt;&lt;div class="blogger-post-footer"&gt;&lt;a href="http://technorati.com/faves?sub=addfavbtn&amp;amp;add=http://newphilrevolution.blogspot.com"&gt;&lt;img src="http://static.technorati.com/pix/fave/tech-fav-1.png" alt="Add to Technorati Favorites" /&gt;&lt;/a&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1191186405357443063-814910534655338399?l=newphilrevolution.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/phil2011/~4/xSqOnAAk5iY" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/phil2011/~3/xSqOnAAk5iY/president-corazon-cory-aquino.html</link><author>noreply@blogger.com (PatricioMangubat)</author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="http://1.bp.blogspot.com/-MqhPdYSrzXI/Tx9S1zZaTfI/AAAAAAAACQg/anfRKIMJ93o/s72-c/165758_192537764105758_100000486076910_669933_3783244_n.jpg" height="72" width="72" /><thr:total>0</thr:total><feedburner:origLink>http://newphilrevolution.blogspot.com/2012/01/president-corazon-cory-aquino.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-1191186405357443063.post-5020332242305048551</guid><pubDate>Wed, 25 Jan 2012 00:26:00 +0000</pubDate><atom:updated>2012-01-25T08:26:59.524+08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">liberal construction</category><category domain="http://www.blogger.com/atom/ns#">rules on evidence</category><category domain="http://www.blogger.com/atom/ns#">statutory construction</category><category domain="http://www.blogger.com/atom/ns#">senate president juan ponce enrile</category><title>Liberal Construction</title><description>&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;b&gt;In Law, there is such a thing called statutory construction--the study and interpretation of laws.&lt;/b&gt; In interpreting laws, there are also two things, quite commonly practiced--a strict interpretation and a "Liberal" construction. A strict interpretation means application of the law based strictly on what it truly means while in "liberal", a loose or often, "open" interpretation of the law.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Interpretation as to the letter or "spirit" of the law depends entirely on the courts. It is the court's duty to interpret what legislators meant or intended to do in the law.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;In this impeachment trial, interpreting what the Rules say, is reposed to the member jurors of the Senate as a court. The presiding officer, Senate President Juan Ponce Enrile, is just that--presiding over the entire proceedings.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Now, what does the prosecution wants? It wants a &lt;i&gt;liberal construction &lt;/i&gt;on the Rules on Evidence. Enrile asks--how liberal would you want the court to be? What do you mean when you said, a &lt;i&gt;liberal construction&lt;/i&gt;?&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;" Is it like what the Aquino administration interprets the energy sector deregulation law? That the state is entirely powerless to stop rising fuel hikes by oil firms?"&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;" Is it like how the Aquino administration thinks the market should be? That food manufacturers can do exactly what they want, change their prices every single day, hike them up, so that people would not be able to pay for them?"&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;" Is it as "liberal" as what the Aquino administration thinks the Supreme Court should have acted---stop the TRO filed by Arroyo and send her to jail without even considering if there are actual and strong facts attending to the crimes charged against her."&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;" Is it as "liberal" as what the 188 Congressmen intends to conduct their business? Just sign papers without even reading them."&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;UNwittingly, the prosecution erred when it questioned the way the Senate acting as a Court interprets the Rules on Evidence. Why? Because they unwittingly revealed the true reason behind the ouster move--they want nothing more than transform the Senate into a "LIberal territory" Hehehehe.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;br /&gt;&lt;div class="blogger-post-footer"&gt;&lt;a href="http://technorati.com/faves?sub=addfavbtn&amp;amp;add=http://newphilrevolution.blogspot.com"&gt;&lt;img src="http://static.technorati.com/pix/fave/tech-fav-1.png" alt="Add to Technorati Favorites" /&gt;&lt;/a&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1191186405357443063-5020332242305048551?l=newphilrevolution.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/phil2011/~4/p5bGoGzgnOQ" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/phil2011/~3/p5bGoGzgnOQ/liberal-construction.html</link><author>noreply@blogger.com (PatricioMangubat)</author><thr:total>0</thr:total><feedburner:origLink>http://newphilrevolution.blogspot.com/2012/01/liberal-construction.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-1191186405357443063.post-4825132286047061640</guid><pubDate>Tue, 24 Jan 2012 13:32:00 +0000</pubDate><atom:updated>2012-01-24T21:32:23.826+08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">impeachment trial of chief justice renato corona</category><category domain="http://www.blogger.com/atom/ns#">malacanang</category><category domain="http://www.blogger.com/atom/ns#">jejomar binay</category><category domain="http://www.blogger.com/atom/ns#">mar roxas electoral protest</category><title>Who stands to gain from Corona Impeachment Trial?</title><description>&lt;div class="separator" style="clear: both; text-align: center;"&gt;
&lt;a href="http://2.bp.blogspot.com/-utnGLPgZSvk/Tx6wx90WTEI/AAAAAAAACQY/F2b5DG9g2yE/s1600/CS-corona.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"&gt;&lt;img border="0" height="320" src="http://2.bp.blogspot.com/-utnGLPgZSvk/Tx6wx90WTEI/AAAAAAAACQY/F2b5DG9g2yE/s320/CS-corona.jpg" width="213" /&gt;&lt;/a&gt;&lt;/div&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif; font-size: large;"&gt;&lt;b&gt;Who really stands to gain from the Corona impeachment trial? If Corona is impeached, will real changes follow in the judiciary? What kind of changes are needed? Is this fight only about graft and corruption, and nothing else?&amp;nbsp;&lt;/b&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Until now, Malacanang has not given us any inkling as to the kind of reforms the President wants to do with the judiciary. Reforms are actually administrative matters which only the Chief Justice is allowed by the Constitution to do. The President said, this impeachment trial is part of a "cleansing process" which will benefit the Judicial department in the long run.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;However, Malacanang is still clueless as to the specific changes it wants. It only knows one thing--oust Renato Corona as Chief Justice. Will the ouster of Corona put an end to graft and corruption in the judiciary?&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;I bet my Singdollar that this so-called "opening and public disclosure" of Corona's SALN will be the first and the last time a member of this institution will publicly disclose his SALN. After this trial drama, and Corona's impeached, every single thing will revert back to its original status. Money will still change hands in the judiciary. Money will still be the prime "influencer" in decisions rendered by the Courts. Why?&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Any human-made institution is vulnerable to corruption. Even in modern countries, judges are also being corrupted and are corrupting the system too. &amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Moreso, this impeachment trial, when it began, has already harmed democracy in this country. Instead of real changes, democracy has been put under a very dangerous state.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;If Corona's impeached, and the entire Supreme Court is changed by people close to the Palace, what then will this Court be like? It will just be a rubber stamp by a strong Chief Executive. The independence of this Court has been compromised.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;The same thing will happen if Corona manages to stay---every single decision will be questioned ab infinitum by a Strong Chief Executive. Even decisions handled by law firms and lawyers who became part of Corona's defense panel will always be subject to doubt and scrutiny.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Malacanang is courting serious political problems when it did this. What happens for example, if the Supreme Court, who is now handling the electoral protest of palace close-in Mar Roxas, decides to issue a denial of this protest case? Will the Roxas camp just keep its silence and respect the decision of the Court who earlier accused him of conspiring to oust the Chief Justice?&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Or, what will happen if the SC renders a favorable decision? Certainly, the Binay camp will accuse both the Palace and the Judiciary of conspiring against Binay or even Binay accusing the Palace of forcing itself before the Judiciary, hence, the unfavorable decision?&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;What happens now to pending cases which are political in nature?What happens now to cases where the government is a party? Even if the Supreme Court renders a decision entirely based on law, in the minds of the public, these decisions are tainted already.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;A favorable or an unfavorable outcome in this impeachment trial is immaterial now. Corona's part in this this case has now been been rendered irrelevant. Corona has now dragged the entire institution into the pits.&amp;nbsp;&lt;/span&gt;&lt;div class="blogger-post-footer"&gt;&lt;a href="http://technorati.com/faves?sub=addfavbtn&amp;amp;add=http://newphilrevolution.blogspot.com"&gt;&lt;img src="http://static.technorati.com/pix/fave/tech-fav-1.png" alt="Add to Technorati Favorites" /&gt;&lt;/a&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1191186405357443063-4825132286047061640?l=newphilrevolution.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/phil2011/~4/VvJFFiikJT0" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/phil2011/~3/VvJFFiikJT0/who-stands-to-gain-from-corona.html</link><author>noreply@blogger.com (PatricioMangubat)</author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="http://2.bp.blogspot.com/-utnGLPgZSvk/Tx6wx90WTEI/AAAAAAAACQY/F2b5DG9g2yE/s72-c/CS-corona.jpg" height="72" width="72" /><thr:total>0</thr:total><feedburner:origLink>http://newphilrevolution.blogspot.com/2012/01/who-stands-to-gain-from-corona.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-1191186405357443063.post-7954248730629602168</guid><pubDate>Sat, 21 Jan 2012 03:03:00 +0000</pubDate><atom:updated>2012-01-21T11:03:36.195+08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">atty homobono adaza</category><category domain="http://www.blogger.com/atom/ns#">update on the impeachment trial of chief justice corona</category><category domain="http://www.blogger.com/atom/ns#">you</category><category domain="http://www.blogger.com/atom/ns#">alan paguia</category><category domain="http://www.blogger.com/atom/ns#">impeachment trial</category><title>Stronger Elite Dictatorship in the works?</title><description>&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Alan Paguia, former counsel of deposed president Joseph Estrada and Atty. Homobono Adaza have allied and filed a case appealing for a TRO against the impeachment trial. Both lawyers say, that impeachment trial is unconstitutional.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;These two had brushes with the Supreme Court before, especially Paguia who once courted the Court's ire. Curiously, they are now the ones "defending" the Supreme Court. Trying to court favors with the Court? I doubt it. I know the calibre of these two colorful characters. Adaza is a good friend, and former counsel of the Young Officers' Union (YOU). He is an idealistic guy. Maybe he's doing it because he really wants changes in government.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;S4S (Solidarity for Sovereignty) is a highly credible organisation of idealists. They really want changes. However, I don't know why they tried to ally themselves with this impeachment issue. It is very hard even tactically to defend someone whom the people perceive even now, as corrupt. If S4S thinks that this is an explosive issue that is sure to hit President Aquino directly, then, their reading is faulty, to say the least.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif; font-size: large;"&gt;&lt;b&gt;The issue is the creeping dictatorship of the elites, led by the Aquino faction. The issue is the attempts at using the very Constitution to institute an elite dictatorship. And the real issue is not Hacienda Luisita or any other cases where certain personalities close to the Chief Executive &amp;nbsp;have interests on. No.&lt;/b&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;The issue is---the repeal of the Military pacts between the UNited States and the Philippines. The issue is the amendments to the VFA between these two countries which, certain quarters suspect, contain provisions that violate the 1987 Constitution. And since any constitutional amendments or revision are out of the available options, changes are to be coursed through the Supreme Court.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;This early, we are feeling the effects of a strong elite-based dictatorship in the way this administration acts and feels about certain issues. ON Economic issues, for example, the prevailing policy is globalization and a free for all economy. This is to benefit Big BUsiness interests especially with those close to the President.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;On the political side, strengthening of the main political aggrupation of close Aquino associates to further their hold on to power even after 2016.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Many people ask me--where will all these lead to?&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif; font-size: large;"&gt;&lt;b&gt;If the impeachment trial goes by the distance, expect an acquittal. The acquittal will further damage the relationship between the executive and the judiciary because, as what I wrote several entries before, for as long as Corona stays as Chief Justice, decisions issued by the Supreme Court will be scrutinized and will be under a cloud of doubt.&amp;nbsp;&lt;/b&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif; font-size: large;"&gt;&lt;b&gt;&lt;br /&gt;&lt;/b&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif; font-size: large;"&gt;&lt;b&gt;If the impeachment trial is cut short--and many people expect this to happen--then it would lead to political chaos, which could be exploited by unfriendly forces.&amp;nbsp;&lt;/b&gt;&lt;/span&gt;&lt;div class="blogger-post-footer"&gt;&lt;a href="http://technorati.com/faves?sub=addfavbtn&amp;amp;add=http://newphilrevolution.blogspot.com"&gt;&lt;img src="http://static.technorati.com/pix/fave/tech-fav-1.png" alt="Add to Technorati Favorites" /&gt;&lt;/a&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1191186405357443063-7954248730629602168?l=newphilrevolution.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/phil2011/~4/oFfzIHu5Goo" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/phil2011/~3/oFfzIHu5Goo/stronger-elite-dictatorship-in-works.html</link><author>noreply@blogger.com (PatricioMangubat)</author><thr:total>0</thr:total><feedburner:origLink>http://newphilrevolution.blogspot.com/2012/01/stronger-elite-dictatorship-in-works.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-1191186405357443063.post-7079223091420143889</guid><pubDate>Sat, 21 Jan 2012 02:36:00 +0000</pubDate><atom:updated>2012-01-21T12:20:23.623+08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">makati avenue</category><category domain="http://www.blogger.com/atom/ns#">buddha bar in france</category><category domain="http://www.blogger.com/atom/ns#">buddha bar</category><category domain="http://www.blogger.com/atom/ns#">buddha bar in philippines</category><category domain="http://www.blogger.com/atom/ns#">buddha bar experience</category><category domain="http://www.blogger.com/atom/ns#">amable c aguiluz</category><category domain="http://www.blogger.com/atom/ns#">buddha bar in manila</category><title>The Buddha Bar experience in Manila</title><description>&lt;table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right; margin-left: 1em; text-align: right;"&gt;&lt;tbody&gt;
&lt;tr&gt;&lt;td style="text-align: center;"&gt;&lt;a href="http://4.bp.blogspot.com/-WJUUppjSnW4/TxosEnmvSwI/AAAAAAAACPo/v55kiM_Ygr4/s1600/DSC_0395.JPG" imageanchor="1" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"&gt;&lt;img border="0" height="213" src="http://4.bp.blogspot.com/-WJUUppjSnW4/TxosEnmvSwI/AAAAAAAACPo/v55kiM_Ygr4/s320/DSC_0395.JPG" width="320" /&gt;&lt;/a&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class="tr-caption" style="text-align: center;"&gt;BUddha Bar in Makati&lt;/td&gt;&lt;/tr&gt;
&lt;/tbody&gt;&lt;/table&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;I always want to dine with my family and friends. That's the secret to my younger looking skin (Vilma Santos). And I always fine some special place out there to treat them.:-)&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Really, Manila is a fun place to go to when in Asia. You have lots and lots of places to go to to dine, eat and just banter with friends. There's a cornucopia of things to do, see, and experience.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif; font-size: large;"&gt;&lt;b&gt;If you want a nice place to chill out, I guess the new talk of the town right now is simply Buddha Bar.&lt;/b&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"&gt;&lt;tbody&gt;
&lt;tr&gt;&lt;td style="text-align: center;"&gt;&lt;a href="http://2.bp.blogspot.com/-8nHwM4sOgGE/Txov09jAIyI/AAAAAAAACP4/Tv1JxMQiMvA/s1600/DSC_0399.JPG" imageanchor="1" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"&gt;&lt;img border="0" height="213" src="http://2.bp.blogspot.com/-8nHwM4sOgGE/Txov09jAIyI/AAAAAAAACP4/Tv1JxMQiMvA/s320/DSC_0399.JPG" width="320" /&gt;&lt;/a&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class="tr-caption" style="text-align: center;"&gt;Buddha bar signature dessert--sesame ice cream&lt;/td&gt;&lt;/tr&gt;
&lt;/tbody&gt;&lt;/table&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Yep, this French restaurant is now here in Manila, thanks to the sweet and young entrepreneur Amable C. Aguiluz. Aguiluz partnered with the owners of Buddha Bar and they built a lovely, cozy restaurant right in the heart of busy financial district of Makati.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif; font-size: large;"&gt;&lt;b&gt;Opps...Buddha Bar is not just a restaurant...its a lounge place, where you're expected to chill out, eat the most delectable fusion dishes out there and just take the pleasure of sharing and talking almost anything with your friend, family and whoever you desire.&lt;/b&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right; margin-left: 1em; text-align: right;"&gt;&lt;tbody&gt;
&lt;tr&gt;&lt;td style="text-align: center;"&gt;&lt;a href="http://4.bp.blogspot.com/-Uqd6iEvIrls/TxoxAT68bII/AAAAAAAACQA/x4JRgv1-zwM/s1600/DSC_0397.JPG" imageanchor="1" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"&gt;&lt;img border="0" height="213" src="http://4.bp.blogspot.com/-Uqd6iEvIrls/TxoxAT68bII/AAAAAAAACQA/x4JRgv1-zwM/s320/DSC_0397.JPG" width="320" /&gt;&lt;/a&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class="tr-caption" style="text-align: center;"&gt;Be with the right crowd when you dine&lt;/td&gt;&lt;/tr&gt;
&lt;/tbody&gt;&lt;/table&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Cut the impeachment trial crap! Don't worry about rising fuel prices. Be still, don't worry about your baby twin's crying. For a moment, indulge in the Buddha bar experience.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Really now, I cannot describe to you what I really felt when I was there a couple of days ago. It was lovely. It was surreal. It was cosy. It was delicious. It was entertaining. It was informative. It was true fun.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Buddha bar serves lunch so if you want a high powered lunch with high powered people, you know where to go.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"&gt;&lt;tbody&gt;
&lt;tr&gt;&lt;td style="text-align: center;"&gt;&lt;a href="http://3.bp.blogspot.com/-A3IW6p3akNw/TxoyGGmJrSI/AAAAAAAACQI/KqapgwZj7tE/s1600/DSC_0391.JPG" imageanchor="1" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"&gt;&lt;img border="0" height="213" src="http://3.bp.blogspot.com/-A3IW6p3akNw/TxoyGGmJrSI/AAAAAAAACQI/KqapgwZj7tE/s320/DSC_0391.JPG" width="320" /&gt;&lt;/a&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class="tr-caption" style="text-align: center;"&gt;IMpressive interiors&lt;/td&gt;&lt;/tr&gt;
&lt;/tbody&gt;&lt;/table&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Buddha Bar is located at the former IS grounds. It's at PICAR, along Kalayaan avenue. It's a one way street so you better sharpen your sights because Buddha Bar is just on your left going to Makati avenue. If you're in Makati avenue, its just a few steps away. Best if you go there with your own car. There's ample parking.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;For foodies, I suggest you try their signature sesame ice cream, so lovely.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Their Buddha bar branded dishes are really some of the best tastes around. &amp;nbsp;The cuisines are Asian-inspired, although most are fusions of delectable Western delights and Asian spices.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;div class="blogger-post-footer"&gt;&lt;a href="http://technorati.com/faves?sub=addfavbtn&amp;amp;add=http://newphilrevolution.blogspot.com"&gt;&lt;img src="http://static.technorati.com/pix/fave/tech-fav-1.png" alt="Add to Technorati Favorites" /&gt;&lt;/a&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1191186405357443063-7079223091420143889?l=newphilrevolution.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/phil2011/~4/KF8PPw5nay0" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/phil2011/~3/KF8PPw5nay0/buddha-bar-experience-in-manila.html</link><author>noreply@blogger.com (PatricioMangubat)</author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="http://4.bp.blogspot.com/-WJUUppjSnW4/TxosEnmvSwI/AAAAAAAACPo/v55kiM_Ygr4/s72-c/DSC_0395.JPG" height="72" width="72" /><thr:total>0</thr:total><feedburner:origLink>http://newphilrevolution.blogspot.com/2012/01/buddha-bar-experience-in-manila.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-1191186405357443063.post-8480056666040791129</guid><pubDate>Fri, 20 Jan 2012 01:12:00 +0000</pubDate><atom:updated>2012-01-20T09:12:56.848+08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">justice serafin cuevas</category><category domain="http://www.blogger.com/atom/ns#">civil case</category><category domain="http://www.blogger.com/atom/ns#">republic act 910</category><category domain="http://www.blogger.com/atom/ns#">impeachment case as administrative proceeding</category><title>Former Justice Cuevas should inhibit himself from Corona Impeachment Trial</title><description>&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Former Justice Serafin Cuevas is still one of the most respected legal minds in our country. Even at the age of eighty three years old, Cuevas' mind is a rich repository of legal history and experience in litigation. Watch the Impeachment trial, and you'll find Cuevas making mince meat of the younger legal experts in the prosecution panel.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;I am in the opinion that Cuevas should continue his service as lead counsel in the defense of Chief Justice of the Supreme Court. Republic Act 910 states that:&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;blockquote class="tr_bq"&gt;
&lt;strong&gt;&lt;span style="background-color: white; font-family: Georgia, 'Times New Roman', serif;"&gt;AN ACT TO PROVIDE FOR THE RETIREMENT OF JUSTICES OF THE SUPREME COURT AND OF THE COURT OF APPEALS, FOR THE ENFORCEMENT OF THE PROVISIONS HEREOF BY THE GOVERNMENT SERVICE INSURANCE SYSTEM, AND TO REPEAL COMMONWEALTH ACT NUMBERED FIVE HUNDRED AND THIRTY-SIX&lt;/span&gt;&lt;/strong&gt;&lt;span style="background-color: white; font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;strong&gt;Section 1.&lt;/strong&gt;&amp;nbsp;When a Justice of the Supreme Court or of the Court of Appeals who has rendered at least twenty years' service either in the judiciary or in any other branch of the Government, or in both, (a) retires for having attained the age of seventy years, or (b) resigns by reason of his incapacity to discharge the duties of his office, he shall receive during the residue of his natural life, in the manner hereinafter provided, the salary which he was receiving at the time of his retirement or resignation. And when a Justice of the Supreme Court or of the Court of Appeals has attained the age of fifty-seven years and has rendered at least twenty-years' service in the Government, ten or more of which have been continuously rendered as such Justice or as judge of a court of record, he shall be likewise entitled to retire and receive during the residue of his natural life, in the manner also hereinafter prescribed, the salary which he was then receiving. It is a condition of the pension provided for herein that no retiring Justice during the time that he is receiving said pension shall appear as counsel before any court in any civil case wherein the Government or any subdivision or instrumentality thereof is the adverse party, or in any criminal case wherein and officer or employee of the Government is accused of an offense committed in relation to his office, or collect any fee for his appearance in any administrative proceedings to maintain an interest adverse to the Government, insular, provincial or municipal, or to any of its legally constituted officers.&lt;/span&gt;&lt;/blockquote&gt;
&lt;div align="justify" style="color: #666666; line-height: 16px; text-align: justify;"&gt;
&lt;span style="background-color: white;"&gt;&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div align="justify" style="line-height: 16px; text-align: justify;"&gt;
&lt;span style="background-color: white;"&gt;&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;IN this Republic Act, the law says that a pension of a retiring justice cannot appear as counsel before any court in :&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div align="justify" style="line-height: 16px; text-align: justify;"&gt;
&lt;span style="background-color: white;"&gt;&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;
&lt;blockquote class="tr_bq"&gt;
&lt;span style="background-color: white;"&gt;&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;a. any civil case wherein the Government or any subdivision or instrumentality thereof is the adverse party or in;&lt;/span&gt;&lt;/span&gt;&lt;span style="background-color: white;"&gt;&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;b. any criminal case wherein an officer or employee of the Government is accused of an offense committed in relation to his office or&lt;/span&gt;&lt;/span&gt;&lt;span style="background-color: white;"&gt;&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;c. collect any fee for his appearance in any administrative proceedings to maintain an interest adverse to the Government...&lt;/span&gt;&lt;/span&gt;&lt;/blockquote&gt;
&lt;div align="justify" style="color: #666666; line-height: 16px; text-align: justify;"&gt;
&lt;span style="background-color: white;"&gt;&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div align="justify" style="line-height: 16px; text-align: justify;"&gt;
&lt;span style="background-color: white;"&gt;&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Now, Justice Cuevas is a retiree from the Supreme Court and is still receiving pension from government. He now serves as lead counsel in the defense of the Chief Justice in an impeachment case.&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div align="justify" style="line-height: 16px; text-align: justify;"&gt;
&lt;span style="background-color: white;"&gt;&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div align="justify" style="line-height: 16px; text-align: justify;"&gt;
&lt;span style="background-color: white;"&gt;&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;An impeachment case is a totally different animal altogether. It is not a civil case nor a criminal one. It is a case created by the Constitution so that those with constitutionally mandated terms who violated the provisions of the Charter be made liable for their crimes and allowed an exit.&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div align="justify" style="line-height: 16px; text-align: justify;"&gt;
&lt;span style="background-color: white;"&gt;&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div align="justify" style="line-height: 16px; text-align: justify;"&gt;
&lt;span style="background-color: white;"&gt;&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;If you'll be technical about it, there is absolutely nothing wrong with Cuevas serving as lead counsel for the defense.&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div align="justify" style="line-height: 16px; text-align: justify;"&gt;
&lt;span style="background-color: white;"&gt;&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div align="justify" style="line-height: 16px; text-align: justify;"&gt;
&lt;span style="background-color: white;"&gt;&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;However, how will we interpret this phrase or sentence in RA 910? It says&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div align="justify" style="line-height: 16px; text-align: justify;"&gt;
&lt;span style="background-color: white;"&gt;&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;
&lt;blockquote class="tr_bq"&gt;
&lt;span style="background-color: white;"&gt;&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;"...or collect any fee for his appearance in any &lt;u&gt;administrative proceedings&lt;/u&gt; to maintain an interest adverse to the GOvernment....or any of its legally constituted officers."&lt;/span&gt;&lt;/span&gt;&lt;/blockquote&gt;
&lt;div align="justify" style="line-height: 16px; text-align: justify;"&gt;
&lt;span style="background-color: white;"&gt;&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div align="justify" style="line-height: 16px; text-align: justify;"&gt;
&lt;span style="background-color: white;"&gt;&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Meaning, we should allow Cuevas to continue representing the Chief Justice as legal counsel PROVIDED that Cuevas does not receive any fee in his representation thereof. This provision covers him technically since impeachments are administrative proceedings which government is interested and the one being impeached has interests which are adverse to government.&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div align="justify" style="line-height: 16px; text-align: justify;"&gt;
&lt;span style="background-color: white;"&gt;&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div align="justify" style="line-height: 16px; text-align: justify;"&gt;
&lt;span style="background-color: white;"&gt;&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;b&gt;&lt;u&gt;If, it is proven, that Justice Cuevas is receiving fees from his appearance, he risks his pension.&lt;/u&gt;&lt;/b&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div align="justify" style="line-height: 16px; text-align: justify;"&gt;
&lt;span style="background-color: white;"&gt;&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div align="justify" style="line-height: 16px; text-align: justify;"&gt;
&lt;span style="background-color: white;"&gt;&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div align="justify" style="color: #666666; line-height: 16px; text-align: justify;"&gt;
&lt;span style="background-color: white;"&gt;&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div align="justify" style="color: #666666; line-height: 16px; text-align: justify;"&gt;
&lt;span style="background-color: white;"&gt;&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div align="justify" style="color: #666666; font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 12px; line-height: 16px; text-align: justify;"&gt;
&lt;span style="background-color: white;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div align="justify" style="color: #666666; font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 12px; line-height: 16px; text-align: justify;"&gt;
&lt;span style="background-color: white;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div align="justify" style="background-color: #b29269; color: #666666; font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 12px; line-height: 16px; text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;a href="http://technorati.com/faves?sub=addfavbtn&amp;amp;add=http://newphilrevolution.blogspot.com"&gt;&lt;img src="http://static.technorati.com/pix/fave/tech-fav-1.png" alt="Add to Technorati Favorites" /&gt;&lt;/a&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1191186405357443063-8480056666040791129?l=newphilrevolution.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/phil2011/~4/PDl4dcvj-Ec" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/phil2011/~3/PDl4dcvj-Ec/former-justice-cuevas-should-inhibit.html</link><author>noreply@blogger.com (PatricioMangubat)</author><thr:total>2</thr:total><feedburner:origLink>http://newphilrevolution.blogspot.com/2012/01/former-justice-cuevas-should-inhibit.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-1191186405357443063.post-938794964554460650</guid><pubDate>Fri, 20 Jan 2012 00:17:00 +0000</pubDate><atom:updated>2012-01-20T08:17:27.989+08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">UPCAT</category><category domain="http://www.blogger.com/atom/ns#">college admission test</category><category domain="http://www.blogger.com/atom/ns#">marikina youth development foundation</category><category domain="http://www.blogger.com/atom/ns#">university of the philippine college admission test</category><title>UPCAT</title><description>&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;DURING MY TIME, THE UPCAT WAS MORE THAN AN ENTRANCE TEST. IN OUR CLOSE CIRCLE OF NERDS, THE UPCAT WAS A TEST NOT JUST OF YOUR STOCK KNOWLEDGE BUT YOUR WILL. IT IS ALSO A BRAGGING RIGHT.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;When I took the UPCAT in 1987, I had no expectations. I found the test, especially the science part, easy. The rest of the sections, I found to be rather okey. When I asked my schoolmates and classmates, they found it quite difficult.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Back then, the country was in a period of great turmoil. The year old Aquino administration has just been formed and a new Constitution has just been presented before the masses for their approval. Publicity says it was the freest of all Constitutions, and the people were convinced.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;I was then a Boy Councilor of the Municipality of Marikina. A close Aquino appointee, Mayor OIC Valentino just created the Marikina Youth Development Foundation. We were the first board directors of the Foundation. And we were the very first "boy officials" of Marikina.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;As a boy councilor, I was tasked and was asked to familiarize with legislative procedure. Admittedly, I still remember the experience and I enjoy every minute of it, especially the debates. I love debates.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;These first boy councilors were elected by a thousand other student leaders of different schools in Marikina. I don't know, but I was elected by a majority.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Conquering the "political scene" of Marikina, then, was something extraordinary. Passing the UPCAT iced the cake.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;When I saw my name among those who passed the quota course in Political Science (I ranked 23rd overall), I was stricken by uncertainty. This is a totally different experience. HOw will I fare in this university? I was a new comer from the backwaters of Philippine society. My family is not as rich as the others. I also had several relatives who died fighting the Marcos regime.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;UPCAT is the first obstacle to hurdle. The next was, the rigorous academic discipline that UP imposed upon a freshman like me.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;UPCAT for me, is the great equalizer. It gave young people like me the chance to cross swords with the rich and the privileged other students of my generation. UPCAT gave me the opportunity to learn more about the world.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;IN my time, the UNiversity just accepted 8,000 plus freshmen. Today, I learned that 12,000 plus passed the UPCAT from 73,000 applicants. Eventually, this 12,000 will still be pruned to manageable levels. And those who will survive the pruning, expect the next steps to also be as tough and even tougher than the UPCAT.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;br /&gt;&lt;div class="blogger-post-footer"&gt;&lt;a href="http://technorati.com/faves?sub=addfavbtn&amp;amp;add=http://newphilrevolution.blogspot.com"&gt;&lt;img src="http://static.technorati.com/pix/fave/tech-fav-1.png" alt="Add to Technorati Favorites" /&gt;&lt;/a&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1191186405357443063-938794964554460650?l=newphilrevolution.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/phil2011/~4/9ggIDDOan6s" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/phil2011/~3/9ggIDDOan6s/upcat.html</link><author>noreply@blogger.com (PatricioMangubat)</author><thr:total>0</thr:total><feedburner:origLink>http://newphilrevolution.blogspot.com/2012/01/upcat.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-1191186405357443063.post-612792554712010935</guid><pubDate>Thu, 19 Jan 2012 01:30:00 +0000</pubDate><atom:updated>2012-01-19T09:31:39.463+08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">impeachment trial of chief justice</category><category domain="http://www.blogger.com/atom/ns#">esa dos</category><category domain="http://www.blogger.com/atom/ns#">athe impeachment trial of joseph estrada</category><category domain="http://www.blogger.com/atom/ns#">president joseph estrada</category><title>The empty second envelope--January 19, 2001</title><description>&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;A decade ago, I remember being at Mendiola bridge with several hundreds of people. This was what people who benefited from the successor administration termed as "EDSA dos"--a repeat of the first EDSA which toppled former strongman Ferdinand Marcos. Two days before, I was told by my news manager that I am being "put in the freezer" by Jesse Ejercito for allegedly being part of the conspiracy to oust his brother, former president Joseph Estrada. My news manager, along with our AVP for Marketing was just told of the bad news and they shared it with me. I vehemently protested, but nevertheless, accepted the verdict. &amp;nbsp;I never admitted anything, because I never wanted to be a squealer.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;The revolt did happen when all of Estrada's generals defected and some of his cabinet members abandoned him, and that included Mar Roxas. I was asked to report to the field and I reported live there, reporting that thousands of people were seen very close to the Palace gates. Former general and my kumpadre Ed Aglipay was asked to secure the palace, while other generals, namely, another kumpadre Romy Maganto was with a phalanx of protesters at gate 3. A team of negotiators from the Arroyo camp was sent to Erap. Erap decided to back down. Instead of using the land route going to San Juan, he chose to ride in a Coast Guard boat. The rest, as they say, is history in the most terrible fashion.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;That historical event was pictured to have been a "spontaneous" combustion of public outrage when the Senate, acting as an impeachment trial, prevented the opening of the "second envelope" which allegedly contained incriminating evidence against the former president. A decade hence, and the former president learned from Senator Aquilino Pimentel Jr &amp;nbsp;that that second envelope contained absolutely nothing.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Pimentel's revelations accurately described what had happened. &amp;nbsp;That event was a poor duplicate of the first. It was a pure and naked grab of power from someone who was overwhelmingly elected by the people . It was a simple intra-elite struggle punctuated by a coup conspiracy. That coup was like lightning--it blinded millions of people and made them hate their president without even knowing why.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;I was one of those who were blinded, and I only realized the error of my judgment when former president Gloria Macapagal-Arroyo made her election bid speech &amp;nbsp;at Rizal's day of 2003.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;That was the spark that lifted the blinds from the eyes of people. Arroyo was worst than Estrada they say. Fact is, among the poor and the masses, where I belong, there was this ditty that says, " At least Erap tried to help the mahihirap..."&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;The lesson here is simple---don't believe rumors otherwise, you'll lose your presidential mandate.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;div class="blogger-post-footer"&gt;&lt;a href="http://technorati.com/faves?sub=addfavbtn&amp;amp;add=http://newphilrevolution.blogspot.com"&gt;&lt;img src="http://static.technorati.com/pix/fave/tech-fav-1.png" alt="Add to Technorati Favorites" /&gt;&lt;/a&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1191186405357443063-612792554712010935?l=newphilrevolution.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/phil2011/~4/fUPdTUvJL0g" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/phil2011/~3/fUPdTUvJL0g/empty-second-envelop-january-19-2001.html</link><author>noreply@blogger.com (PatricioMangubat)</author><thr:total>3</thr:total><feedburner:origLink>http://newphilrevolution.blogspot.com/2012/01/empty-second-envelop-january-19-2001.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-1191186405357443063.post-5917781133402707029</guid><pubDate>Thu, 19 Jan 2012 00:40:00 +0000</pubDate><atom:updated>2012-01-19T08:41:14.566+08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">valerie concepcion on playboy magazine cover 2012 january issue of playboy</category><category domain="http://www.blogger.com/atom/ns#">valerie concepcion</category><title>Valerie Concepcion--Playboy Cover Girl, Jan-Feb 2012</title><description>&lt;div class="separator" style="clear: both; text-align: center;"&gt;
&lt;a href="http://1.bp.blogspot.com/-uYvV3H2Esgs/TxdlZue8fCI/AAAAAAAACPc/G7IoCtHNmCo/s1600/89651056-image.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"&gt;&lt;img border="0" height="252" src="http://1.bp.blogspot.com/-uYvV3H2Esgs/TxdlZue8fCI/AAAAAAAACPc/G7IoCtHNmCo/s320/89651056-image.jpg" width="320" /&gt;&lt;/a&gt;&lt;/div&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;After her revelations as a comedienne in one of President Aquino's christmas parties, here comes sultry actress Valerie Concepcion baring more than her funny experiences in this month's Playboy magazine. And boy, her photos are &amp;nbsp;not funny--they're fun. (you know what I mean when I say fun :-)&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;The 24-year old single mother is, I think, one of the youngest models Playboy ever featured in their mag. Opps, by the way, former teen sensation Lindsay Lohan's controversial Playboy photos were released last December in the states. So, its Lindsay in the States and Valerie in the Philippines. Good choices.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;I always say that I buy Playboy because of those in-depth interviews and several interesting stories. I do that in US versions. Haven't been impressed with interviews of local personalities here though. It always lacks substance.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;With Valerie on the cover though, I make an exception. (Valerie, by herself, makes good conversation :-)&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;br /&gt;&lt;div class="blogger-post-footer"&gt;&lt;a href="http://technorati.com/faves?sub=addfavbtn&amp;amp;add=http://newphilrevolution.blogspot.com"&gt;&lt;img src="http://static.technorati.com/pix/fave/tech-fav-1.png" alt="Add to Technorati Favorites" /&gt;&lt;/a&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1191186405357443063-5917781133402707029?l=newphilrevolution.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/phil2011/~4/yCYOG__n64o" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/phil2011/~3/yCYOG__n64o/valerie-concepcion-on-playboy.html</link><author>noreply@blogger.com (PatricioMangubat)</author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="http://1.bp.blogspot.com/-uYvV3H2Esgs/TxdlZue8fCI/AAAAAAAACPc/G7IoCtHNmCo/s72-c/89651056-image.jpg" height="72" width="72" /><thr:total>0</thr:total><feedburner:origLink>http://newphilrevolution.blogspot.com/2012/01/valerie-concepcion-on-playboy.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-1191186405357443063.post-3608090348647620999</guid><pubDate>Wed, 18 Jan 2012 09:33:00 +0000</pubDate><atom:updated>2012-01-18T17:33:50.972+08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">senate sitting as impeachment court</category><category domain="http://www.blogger.com/atom/ns#">clerk of court hands CORONA SALN over to impeachment court</category><title>DEMOCRACY IN ACTION! Supreme Court Clerk of Court hands over Corona's SALN to Impeachment Court</title><description>&lt;span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', serif;"&gt;We &amp;nbsp;just witnessed the beauty of democracy through the principle of checks and balances. Never in my wildest dreams as a student of the Law that I would see or even witness the time when a co-equal branch of government, the Legislature, would appropriate judicial powers to indict the head of the institution which the Constitution had solely invested this power.&lt;/span&gt;&lt;br /&gt;
&lt;span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', serif;"&gt;Every year, we see how the Executive and Legislative branches exercise checks and balances through budget deliberations and Congressional inquiries. Never do we witness something like a check and balance between Congress and the Supreme Court--that's as rare as an elephant with wings.&lt;/span&gt;&lt;br /&gt;
&lt;span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', serif;"&gt;The Executive and the Judiciary always clash or cross swords whenever the Chief Executive dispenses an order that is deemed unconstitutional by the Highest Court. However, it is very rare for the Judiciary to even castigate members of the Legislature for acts in excess of their powers and jurisdiction.&lt;/span&gt;&lt;br /&gt;
&lt;span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', serif;"&gt;Now, we witness how the Senate, acting and sitting as an impeachment court, exercised &amp;nbsp;judicial power over the very same institution vested and cloaked by the 1987 Constitution as the sole repository of this power in the first place!&lt;/span&gt;&lt;br /&gt;
&lt;span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', serif;"&gt;This, if you asked me, just showed the beauty of democracy. This is democracy in action.&lt;/span&gt;&lt;br /&gt;
&lt;span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', serif;"&gt;Many people wonder---why was it difficult for Supreme Court Clerk of Court Atty. Enriquetta Vidal to submit the Statement of Assets and Liabilities and Net Worth of impeached Chief Justice Renato Corona.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', serif;"&gt;Vidal thinks that she is under the complete jurisdiction &amp;nbsp;of the Supreme Court. In an impeachment trial, the Senate appropriated complete powers of the judiciary itself. This is the first time that a Senate, sitting en banc as an impeachment court, has appropriated the very judicial powers granted exclusively by the 1987 Constitution to the Supreme Court.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', serif;"&gt;When the Senate, through the Senate President Juan Ponce-Enrile ordered Vidal to hand over the SALN's of Chief Justice Renato Corona, Enrile and the entire Senate acted as a court higher than the Supreme Court. This is the beauty of democracy and we are fortunate that we witnessed this during our lifetime! For such an instance, I hope, will never occur again, in my lifetime.&lt;/span&gt;&lt;br /&gt;
&lt;span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', serif;"&gt;Some asked me--why did the Aquino administration targetted the Chief Justice in its campaign to rid the bureaucracy of graft and corruption. Simple.&lt;/span&gt;&lt;br /&gt;
&lt;span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', serif;"&gt;It is not within the powers of the Chief Executive to cleanse the judiciary of its own filth. The Constitution vests it in the Chief Justice. It is solely the Chief Justice, as the main man, the court's inter pares, the court's chief administrator, to do that. The Constitution says that every branch has the sole power to clean its own backyard.&lt;/span&gt;&lt;br /&gt;
&lt;span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', serif;"&gt;How then can change be effected in the judiciary when the very same man who boast as the court's inter pares stands accused of the very same crime he is supposed to cleanse? How will doubts be erased on the integrity and cleanliness of the judiciary when the Chief Justice himself is perceived to be a "dirty scroundrel"? &amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', serif;"&gt;Background on SALN:&lt;/span&gt;&lt;br /&gt;
&lt;span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', serif;"&gt;On May 2, 1989, the Supreme Court sitting en banc, ruled that the request for the SALNs of members of the Court may only be allowed to be seen by anyone "upon request". IN the SC website, we see this explanation:&lt;/span&gt;&lt;br /&gt;
&lt;span class="Apple-style-span" style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;div align="justify" style="background-color: white; font-family: Helvetica; font-size: 12px;"&gt;
Sometime in 1989, Jose Alejandrino, a litigant, requested the Clerk of Court for the SALs of members of the Supreme Court who took part in the decision reducing from P2.4 million to P100,000.00 the damages awarded him by the trial court in a breach of contract case.&lt;br /&gt;
In an&amp;nbsp;&lt;em&gt;En Banc&lt;/em&gt;&amp;nbsp;resolution promulgated May 2, 1989, the Court unanimously expressed its willingness to have the Clerk of Court furnish copies of the SALs of the Chief Justice and the Associate Justices to any person upon request, provided there is a legitimate reason for the request, it being in fact unlawful for any person to obtain or use any statement filed under RA 6713, the&amp;nbsp;&lt;em&gt;Code of Conduct and Ethical Standards for Public Officials and Employees&lt;/em&gt;, for (a) any purpose contrary to morals or public policy, or (b) any commercial purpose other than by news and communications media for dissemination to the general public.&lt;br /&gt;
However, the Court also noted that similar requests may be made upon the justices and judges of the Court of Appeals, Sandiganbayan, Court of Tax Appeals, Regional Trial Courts, Shari’a Courts, Metropolitan Trial Courts, Municipal Trial Courts, and Municipal Circuit Trial Courts under circumstances which may endanger, diminish or destroy their independence and objectivity in the performance of their judicial functions or expose them to revenge for adverse decisions, kidnapping, extortion, blackmail, or other untoward consequences. As such, it resolved to lay down the following guidelines on requests for SALs of justices, judges, and court personnel:&lt;/div&gt;
&lt;blockquote style="background-color: white; font-family: Helvetica; font-size: 12px;"&gt;
&lt;blockquote&gt;
&lt;div align="justify"&gt;
(1) All requests for copies of statements of assets and liabilities shall be filed with the Clerk of Court of the Supreme Court, in the case of any Justice; or with the Court Administrator, in the case of any Judge, and shall state the purpose of the request.&lt;br /&gt;
(2) The independence of the Judiciary is constitutionally as important as the right to information which is subject to the limitations provided by law. Under specific circumstances, the need for the fair and just adjudication of litigations may require a court to be wary of deceptive requests for information which shall otherwise be freely available. Where the request is directly or indirectly traced to a litigant, lawyer, or interested party in a case pending before the court, or where the court is reasonably certain that a disputed matter will come before it under circumstances from which it may, also reasonably, be assumed that the request is not made in good faith and for a legitimate purpose, but to fish for information and, with the implicit threat of its disclosure, to influence a decision or to warn the court of the unpleasant consequences of an adverse judgment, the request may be denied.&lt;/div&gt;
&lt;div align="justify"&gt;
(3) Where a decision has just been rendered by a court against the person making the request and the request for information appears to be a “fishing expedition” intended to harass or get back at the Judge, the request may be denied.&lt;br /&gt;
(4) In the few areas where there is extortion by rebel elements or where the nature of their work exposes judges to assaults against their personal safety, the request shall not only be denied but should be immediately reported to the military&lt;/div&gt;
&lt;div align="justify"&gt;
(5) The reason for the denial shall be given in all cases.&lt;/div&gt;
&lt;/blockquote&gt;
&lt;div align="justify"&gt;
&lt;em&gt;(En Banc Resolution dated May 2, 1989, Re: Request of Jose Alejandrino)&lt;/em&gt;&lt;/div&gt;
&lt;/blockquote&gt;
&lt;div align="justify" style="background-color: white; font-family: Helvetica; font-size: 12px;"&gt;
&lt;em&gt;‘Fishing Expeditions’&lt;/em&gt;This policy was reiterated and further strengthened by the Court in a resolution three years later. In 1992, the Court denied the request of a Graft Investigation Officer from the Office of the Ombudsman and a military captain for certified true copies of the sworn statements of the assets, liabilities, and net worth of two judges, it appearing that the purpose of the said request is “to fish for information against the said judges” and considering the Guidelines laid down in&amp;nbsp;&lt;em&gt;Alejandrino&lt;/em&gt;.&lt;br /&gt;
The Court also authorized the Court Administrator “to act on requests for copies of the assets and liabilities, as well as other papers and documents on file with the 201 Personnel Records of lower court judges and personnel, only upon a court subpoena duly signed by the Presiding Judge, in a pending criminal case against a judge or personnel, and in the case of the Ombudsman, upon the appropriate request personally signed by the Ombudsman, provided that in all instances the request shall conform to the guidelines issued by the Court in the above-mentioned resolution dated May 2, 1989 regarding Jose M. Alejandrino and such document or paper is relevant and material to the case being tried by the Court or under investigation by the Ombudsman.”(AM No. 92-9-851-RTC,&amp;nbsp;&lt;em&gt;Re: Request for Certified True Copies of the Sworn Statements of Assets, Liabilities, and Net Worth&lt;/em&gt;, September 22, 1992)&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;a href="http://technorati.com/faves?sub=addfavbtn&amp;amp;add=http://newphilrevolution.blogspot.com"&gt;&lt;img src="http://static.technorati.com/pix/fave/tech-fav-1.png" alt="Add to Technorati Favorites" /&gt;&lt;/a&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1191186405357443063-3608090348647620999?l=newphilrevolution.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/phil2011/~4/QH-xdJ2sp5A" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/phil2011/~3/QH-xdJ2sp5A/democracy-in-action-supreme-court-clerk.html</link><author>noreply@blogger.com (PatricioMangubat)</author><thr:total>0</thr:total><feedburner:origLink>http://newphilrevolution.blogspot.com/2012/01/democracy-in-action-supreme-court-clerk.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-1191186405357443063.post-2570714165662812389</guid><pubDate>Wed, 18 Jan 2012 01:34:00 +0000</pubDate><atom:updated>2012-01-18T09:34:54.429+08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">impeachment of chief justice renato corona</category><category domain="http://www.blogger.com/atom/ns#">political implications of the impeachment trial</category><title>Corona and the elites of the Court may have to decide once and for all regardless of impeachment trial outcome</title><description>&lt;br /&gt;
&lt;div style="margin-bottom: .0001pt; margin: 0in;"&gt;
&lt;span style="font-family: Georgia, serif; font-size: 13.5pt;"&gt;Shortly after the second episode of
the Chief Justice impeachment trial teledrama unfolded yesterday, with the
prosecution caught with their pants down, many people who closely watch this
says that score is tied--one for the prosecution, and one for the defence. The
first day saw the prosecution scoring a few points against the defence. Now, it
is the defence turn to score points.&lt;/span&gt;&lt;span style="font-size: 13.5pt;"&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"&gt;
&lt;span style="font-family: Georgia, serif; font-size: 13.5pt;"&gt;Yes, I do say that the score is tied--if you look at it as a legal
analyst and perceive the impeachment court as just a regular court following
certain procedures. As a communications professional however, I see things in a
communicative-sense, and biases aside, the score really is lopsided in favour
of the prosecution.&lt;/span&gt;&lt;span style="font-size: 13.5pt;"&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"&gt;
&lt;span style="font-family: Georgia, serif; font-size: 13.5pt;"&gt;The prosecution panel may have fumbled, yes, but it does not
necessarily follow that they are unprepared, like what the defence wants the
public to believe. Yesterday's trial saw a defence panel unwilling to reveal
much about their client--something which doomed this trial from the start.&lt;/span&gt;&lt;span style="font-size: 13.5pt;"&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"&gt;
&lt;span style="font-family: Georgia, serif; font-size: 13.5pt;"&gt;Don't get me wrong---the Chief Justice was once a friend of mine,
having been acquainted with him during the tumultuous EDSA dos era. He knows
me, having visited him several times in his office at the PICC, and coordinated
several things with him during the revolution. My sympathies are with him. I am
just looking at this as a normal and ordinary citizen would look at it.&lt;/span&gt;&lt;span style="font-size: 13.5pt;"&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"&gt;
&lt;span style="font-family: Georgia, serif; font-size: 13.5pt;"&gt;&lt;i&gt;&lt;b&gt;The refusal of the defence panel to adopt an "open door"
policy in their defence of the Chief Justice harms their client more.&lt;/b&gt;&lt;/i&gt; As what Senate
president Juan Ponce Enrile reminded both parties during the start of the
impeachment trial, this is still a political exercise, albeit, being governed
by several legal rules. What the defence should realise is the very fact that
although this is a "court", and you might win "legal"
points, nonetheless, this court is still a venue meant to help people form
their own "perceptions" about the guilt or innocence of the Chief
Justice.&amp;nbsp;&lt;/span&gt;&lt;span style="font-size: 13.5pt;"&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"&gt;
&lt;span style="font-family: Georgia, serif; font-size: 13.5pt;"&gt;&lt;i&gt;&lt;b&gt;What I mean is, this is not entirely a legal battle, but the
battle for the hearts and minds of the people, for the people themselves would
eventually decide this through their representatives.&lt;/b&gt;&lt;/i&gt;&lt;/span&gt;&lt;span style="font-size: 13.5pt;"&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"&gt;
&lt;span style="font-family: Georgia, serif; font-size: 13.5pt;"&gt;In this battle, actually, the Chief Justice scored one point when
he presented himself before the court on its first day. That is a PR coup, by
itself.&amp;nbsp;&lt;/span&gt;&lt;span style="font-size: 13.5pt;"&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"&gt;
&lt;span style="font-family: Georgia, serif; font-size: 13.5pt;"&gt;However, on the second day, perceptions about his unwillingness to
reveal much about his income, and his adamance to open himself up for public
scrutiny are things which already harmed him--image wise.&amp;nbsp;&lt;/span&gt;&lt;span style="font-size: 13.5pt;"&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"&gt;
&lt;span style="font-family: Georgia, serif; font-size: 13.5pt;"&gt;Yesterday's events also cast doubts on his honesty---something
very sacred as far as the viewing public is concerned.&amp;nbsp;The Chief Justice
should be made to realise that what he lost during this battle with a highly
popular Chief Executive is this thing—&lt;b&gt;trust&lt;/b&gt;.
Many people don’t trust him and this develops into a perception that he is just
a stooge, even a puppy or somewhat acting as a Mr. Clean for former president
Gloria Macapagal-Arroyo.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div style="margin-bottom: .0001pt; margin: 0in;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div style="margin-bottom: .0001pt; margin: 0in;"&gt;
&lt;span style="font-family: Georgia, serif;"&gt;&lt;i&gt;&lt;b&gt;&lt;span style="font-size: large;"&gt;The Chief Justice must regain the
trust and confidence of the people. Without it, even if he wins before members
of the Senate, the Chief Justice will forever be subjected to intense scrutiny
and endless doubts and questions on his integrity and the honesty of his
opinions, views and decisions.&lt;/span&gt;&lt;/b&gt;&lt;/i&gt;&lt;span style="font-size: medium;"&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div style="margin-bottom: .0001pt; margin: 0in;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div style="margin-bottom: .0001pt; margin: 0in;"&gt;
&lt;span style="font-family: Georgia, serif; font-size: 13.5pt;"&gt;Actually, the Chief Justice already
lost when the impeachment trial began. When he allowed himself to be subject to
the powers of a co-equal branch of government, he effectively allowed another
power to acquiesce his. Meaning, even if this ends with him being acquitted of
these charges, questions and doubts as to the integrity of the institution
which he represents, will forever be in question for as long as he stays in
power. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div style="margin-bottom: .0001pt; margin: 0in;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div style="margin-bottom: .0001pt; margin: 0in;"&gt;
&lt;span style="font-family: Georgia, serif; font-size: 13.5pt;"&gt;In several interviews, the Chief
Justice says that it is important of him to salvage his reputation, and even
told his relatives that they should help him in this, otherwise, the possibility
of their properties being sequestered by the State eventually exists. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div style="margin-bottom: .0001pt; margin: 0in;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div style="margin-bottom: .0001pt; margin: 0in;"&gt;
&lt;span style="font-family: Georgia, serif;"&gt;&lt;i&gt;&lt;b&gt;&lt;span style="font-size: large;"&gt;Let the Chief Justice knows that
this is not merely an exercise to salvage his personal reputation. This is
something beyond him. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/b&gt;&lt;/i&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div style="margin-bottom: .0001pt; margin: 0in;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div style="margin-bottom: .0001pt; margin: 0in;"&gt;
&lt;span style="font-family: Georgia, serif; font-size: 13.5pt;"&gt;When he allowed himself to be
impeached, and now subject to the power of the Senate, Corona already compromised
the very integrity of the institution he represents. How can the Supreme Court dispense
equal justice even to cases where several senators are involved when he now
faces them in an impeachment trial?&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div style="margin-bottom: .0001pt; margin: 0in;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div style="margin-bottom: .0001pt; margin: 0in;"&gt;
&lt;span style="font-family: Georgia, serif; font-size: 13.5pt;"&gt;For example—how will the Chief
Justice now decide on the electoral case filed by DOTC secretary Mar Roxas,
questioning the win of Vice President Jejomar Binay, when, he already told the
public that Roxas is one of the persons prosecuting him and planning on his
ouster as Chief Justice? Surely, even now, the public would say that even if he
inhibits from the case, and the Highest Tribunal decides not to grant the Roxas
petition, how will they justify it, when the very head of the Institution has
now been harangue by the Chief Executive and members of the Legislature? Surely, those affected by the decisions of the Highest Tribunal of the land would use enormous weapons to question the integrity of the Court to decide by merely stating that the Chief Justice once decided unfavorably of them or even say that the CJ hates the respondent personally or has a grudge to settle against the respondent?&lt;/span&gt;&lt;/div&gt;
&lt;div style="margin-bottom: .0001pt; margin: 0in;"&gt;
&lt;span style="font-family: Georgia, serif; font-size: 13.5pt;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div style="margin-bottom: .0001pt; margin: 0in;"&gt;
&lt;span style="font-family: Georgia, serif; font-size: 13.5pt;"&gt;How then can the entire Supreme
Court say that they are impartial when they decide on several cases involving
the Chief Executive and say, corporations or individuals?&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div style="margin-bottom: .0001pt; margin: 0in;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div style="margin-bottom: .0001pt; margin: 0in;"&gt;
&lt;span style="font-family: Georgia, serif; font-size: 13.5pt;"&gt;What Corona faces right now are questions on the
integrity and credibility of the Supreme Court, now compromised by his unwillingness to step down.&lt;/span&gt;&lt;/div&gt;
&lt;div style="margin-bottom: .0001pt; margin: 0in;"&gt;
&lt;span style="font-family: Georgia, serif; font-size: 13.5pt;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div style="margin-bottom: .0001pt; margin: 0in;"&gt;
&lt;span style="font-family: Georgia, serif; font-size: 13.5pt;"&gt;Eventually, this institution would have to face this choice---&lt;b&gt;&lt;i&gt;spare the institution from further damage to its credibility and integrity by convincing Corona to stand down and resign; or utterly destroy this hallowed institution by allowing a mistrusted personality to sit as court inter pares. As what I say, the longer this trial goes, the more this institution will suffer from lack of integrity.&lt;/i&gt;&lt;/b&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal"&gt;
&lt;br /&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;a href="http://technorati.com/faves?sub=addfavbtn&amp;amp;add=http://newphilrevolution.blogspot.com"&gt;&lt;img src="http://static.technorati.com/pix/fave/tech-fav-1.png" alt="Add to Technorati Favorites" /&gt;&lt;/a&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1191186405357443063-2570714165662812389?l=newphilrevolution.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/phil2011/~4/DK5TYzNoFvc" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/phil2011/~3/DK5TYzNoFvc/corona-and-elites-of-court-may-have-to.html</link><author>noreply@blogger.com (PatricioMangubat)</author><thr:total>4</thr:total><feedburner:origLink>http://newphilrevolution.blogspot.com/2012/01/corona-and-elites-of-court-may-have-to.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-1191186405357443063.post-1964386699824741903</guid><pubDate>Mon, 16 Jan 2012 00:28:00 +0000</pubDate><atom:updated>2012-01-16T08:28:33.474+08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">supreme court of the philippines</category><category domain="http://www.blogger.com/atom/ns#">oscar cruz</category><category domain="http://www.blogger.com/atom/ns#">renato corona</category><category domain="http://www.blogger.com/atom/ns#">biography of renato corona</category><title>Kulong sina Corona, Arroyo at Aquino</title><description>&lt;div class="separator" style="clear: both; text-align: center;"&gt;
&lt;a href="http://2.bp.blogspot.com/-218WdbPc6j0/TxNsk4LotoI/AAAAAAAACPU/WCZd7CdaGcg/s1600/RenatoCorona.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"&gt;&lt;img border="0" height="307" src="http://2.bp.blogspot.com/-218WdbPc6j0/TxNsk4LotoI/AAAAAAAACPU/WCZd7CdaGcg/s320/RenatoCorona.jpg" width="320" /&gt;&lt;/a&gt;&lt;/div&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif; font-size: large;"&gt;&lt;b&gt;&lt;i&gt;Sa toto lang mga kabayani, ang paglilitis kay Chief Justice Renato Corona ay bahagi lamang ng sarsuwelang labanan sa pagitan ng mga naghaharing-uri. Walang mahihitang buti dito ang mga mamamayan. Isa lamang itong hilahang lubid ng mga naghaharing uri: sa isang banda, ang mga nagnanais ipakitang sila'y repormado na at hindi nagnanakaw ng malaki sa taumbayan at yaon namang sagad-sagaran sa buto ang pagnanakaw. Kung susumahin, hilahang magnanakaw din ito. Ika nga sa kanto, galit ang magnanakaw sa kapwa magnanakaw. Inggit lang yaong mga hindi nakabili ng kwarentang &amp;nbsp;condo at lupa ala Corona. Sa kalaunan, baka naman sa pagdating ng panahon, yaong mga nagmamabuti ay may lamat din.&lt;/i&gt;&lt;/b&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Katawa-tawa namang nagpapagamit ang Simbahan sa pagpapabango ni Corona. Mayroon pang photo release na nagpapakitang naglalay hands itong si dating archbishop Oscar Cruz na para bagang kapangyarihan niyang maglinis ng demonyo.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Desperado, ika nga itong kampo ni Corona na maka base one sa labanan kung sino ang mas may mataas na moralidad. Habang ile lay hands ni Cruz si Corona, hayun, sandamukal na ebidensya pala ang lumalabas na bumili ng bumili ng lupa't mamahaling condo ang ni-lelay hands. Ibig saibihin ba nito, handang ipa sequester ni Corona ang mga iligal nyang pagmamay-ari para patunayan lamang na siya'y "naglinis konsensya na?"&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Sa totoo lang, mas nakapangsisirang dangal ang araw-araw na misang isinasagawa sa Korte Suprema. Para bagang, inamin na ng laharan ng Korte Suprema na ito'y isang organong puno ng demonyo na kailangan ng ekshortismo.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Mukhang hindi tatalab ang ekshortismo dahil mismong ang nagbabasbas, may alsa demonyo. Ilan bang bishops ang may iligal ding mga pagmamay-ari mula sa kaban ng mga relihigioso? Mukhang ito'y pagbabasbas ng kapwa demonyo.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Kataka-taka ding yaong bumatikos sa korte suprema noong panahon ni Gloria ay yaon din namang nasasa likod ng diumano'y mass support para sa Chief Justice.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Ang S4S ay isang grupong may maitim na agenda. Para silang mga tagahanap ng butas, na pupuwdeng lusutan, kahit hindi pupuwde.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Taktikal ika nga ang samahan, pero laglagang tiyak ang kasasapitan.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Habang inggitan at tanungan ang mga magnanakaw na naghaharing uri, hayan, si Juan, salat pa rin sa pera at nasasa gitna ng umaasim na kahirapan.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;MIlyon ang walang trabaho. Patuloy ang kontrakwalisasyon sa mga mayroon. Sweldo'y wala ring bisa sa mataas na presyo ng mga bilihin. Tuloy ligaya pa rin ang mga dambuhalang oil companies sa kanilang pagtatataas ng gasolina at diesel. Namamayani pa rin ang korapsyon at kawalang pag-asa.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif; font-size: large;"&gt;&lt;b&gt;Nararapat sigurong ang panawagan ay iisa---ang pagpapabagsak sa mga elitistang ganid sa yaman at kapangyarihan!&lt;/b&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif; font-size: large;"&gt;&lt;b&gt;&lt;br /&gt;&lt;/b&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif; font-size: large;"&gt;&lt;b&gt;Sa simula't sapul pa lamang, walang buting nagawa itong uring ito sa lipunang Pinoy.&lt;/b&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif; font-size: large;"&gt;&lt;b&gt;&lt;br /&gt;&lt;/b&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif; font-size: large;"&gt;&lt;b&gt;Para silang mga parasitong sumisipsip sa pinaghirapan nating mga mamamayan. Kailangan na sigurdon tigpasin ang mga ulo ng mga ito at itaguyod ang tunay na gobyernong pambayan.&amp;nbsp;&lt;/b&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;br /&gt;&lt;div class="blogger-post-footer"&gt;&lt;a href="http://technorati.com/faves?sub=addfavbtn&amp;amp;add=http://newphilrevolution.blogspot.com"&gt;&lt;img src="http://static.technorati.com/pix/fave/tech-fav-1.png" alt="Add to Technorati Favorites" /&gt;&lt;/a&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1191186405357443063-1964386699824741903?l=newphilrevolution.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/phil2011/~4/21IFWv4JbdM" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/phil2011/~3/21IFWv4JbdM/kulong-sina-corona-arroyo-at-aquino.html</link><author>noreply@blogger.com (PatricioMangubat)</author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="http://2.bp.blogspot.com/-218WdbPc6j0/TxNsk4LotoI/AAAAAAAACPU/WCZd7CdaGcg/s72-c/RenatoCorona.jpg" height="72" width="72" /><thr:total>1</thr:total><feedburner:origLink>http://newphilrevolution.blogspot.com/2012/01/kulong-sina-corona-arroyo-at-aquino.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-1191186405357443063.post-3117452106799740728</guid><pubDate>Mon, 16 Jan 2012 00:01:00 +0000</pubDate><atom:updated>2012-01-16T08:01:57.807+08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">technological advancements in warfare</category><category domain="http://www.blogger.com/atom/ns#">stephen bradley</category><category domain="http://www.blogger.com/atom/ns#">us-iran conflict</category><title>US-Iran Conflict--very likely, says Stephen Hadley</title><description>&lt;span style="background-color: white; color: #454545; font-family: Arial, Helvetica, sans-serif; font-size: 17px;"&gt;Stephen Hadley, President George W. Bush’s National Security Adviser, is warning that a “very high” risk exists that&amp;nbsp;&lt;/span&gt;&lt;span class="yshortcuts" id="lw_1326671611_1" style="background-color: white; color: #454545; font-family: Arial, Helvetica, sans-serif; font-size: 17px;"&gt;Iran&lt;/span&gt;&lt;span style="background-color: white; color: #454545; font-family: Arial, Helvetica, sans-serif; font-size: 17px;"&gt;&amp;nbsp;will act out militarily against the U.S. or other allies as a result of recent sanctions. In an exclusive interview with&amp;nbsp;&lt;/span&gt;&lt;a href="http://newsmax.tv/" style="background-color: white; color: #234786; font-family: Arial, Helvetica, sans-serif; font-size: 17px; outline-color: initial; outline-style: initial; outline-width: 0px;" target="_blank"&gt;&lt;span class="yshortcuts" id="lw_1326671611_2"&gt;Newsmax.TV&lt;/span&gt;&lt;/a&gt;&lt;span style="background-color: white; color: #454545; font-family: Arial, Helvetica, sans-serif; font-size: 17px;"&gt;, Hadley said Iran is intent on acquiring nuclear weapons and a nuclear-armed Iran should be unacceptable to the U.S.&amp;nbsp;&lt;/span&gt;
&lt;br /&gt;
&lt;span style="background-color: white; color: #454545; font-family: Arial, Helvetica, sans-serif; font-size: 17px;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="background-color: white; color: #454545; font-family: Arial, Helvetica, sans-serif; font-size: 17px;"&gt;Okey. Every one in the world right now is watching with anticipation, this potential armed conflict between the US and Iran. Several military watchers say, if ever this happens, this will usher in a new technological era in warfare. If the previous wars involved stealth and precision bombing, this "new war" will likely involve more sophisticated military inventions, like cloaking with invisibility all US military assets. Years ago, invisibility is just a figment of the imagination. Now, it is a reality with so huge an impact on warfare that it could truly widen the gap between those with technology as weaponry and those without and still using conventional methods of warfare.&lt;/span&gt;&lt;br /&gt;
&lt;span style="background-color: white; color: #454545; font-family: Arial, Helvetica, sans-serif; font-size: 17px;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="color: #454545; font-family: Arial, Helvetica, sans-serif;"&gt;&lt;span style="font-size: 17px;"&gt;If Iran finally says "it's ready", what now? Supply lines of oil will be affected. But, Iran and the Middle East are not just the only oil-producing areas. Russia, for one, has a huge supply of oil. Don't believe that yarn that says that oil firms should raise pump prices because of this war. There are other likely sources of fuel that we can tap to satisfy our energy needs. Oil firms are just greedy.&lt;/span&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="background-color: white; color: #454545; font-family: Arial, Helvetica, sans-serif; font-size: 17px;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="background-color: white; color: #454545; font-family: Arial, Helvetica, sans-serif; font-size: 17px;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;div class="blogger-post-footer"&gt;&lt;a href="http://technorati.com/faves?sub=addfavbtn&amp;amp;add=http://newphilrevolution.blogspot.com"&gt;&lt;img src="http://static.technorati.com/pix/fave/tech-fav-1.png" alt="Add to Technorati Favorites" /&gt;&lt;/a&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1191186405357443063-3117452106799740728?l=newphilrevolution.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/phil2011/~4/TChmtCq9_3s" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/phil2011/~3/TChmtCq9_3s/us-iran-conflict-very-likely-says.html</link><author>noreply@blogger.com (PatricioMangubat)</author><thr:total>0</thr:total><feedburner:origLink>http://newphilrevolution.blogspot.com/2012/01/us-iran-conflict-very-likely-says.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-1191186405357443063.post-4860320776290530483</guid><pubDate>Sun, 15 Jan 2012 01:20:00 +0000</pubDate><atom:updated>2012-01-15T09:20:00.725+08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">defender of philippine democracy</category><category domain="http://www.blogger.com/atom/ns#">elites in the philippines</category><category domain="http://www.blogger.com/atom/ns#">S4S</category><category domain="http://www.blogger.com/atom/ns#">bourne legacy</category><category domain="http://www.blogger.com/atom/ns#">battle royale</category><title>The Battle Royale among Pinoy elites in Chief Justice Impeachment Trial</title><description>&lt;span style="font-family: Georgia, 'Times New Roman', serif; font-size: large;"&gt;&lt;b&gt;&lt;i&gt;Tomorrow, the elite groups of this small country will again battle it out for supremacy. The first group led by the President wants to leave a legacy--they want to be the first ones who successfully impeached a sitting Chief Justice and thereby, " restore and strengthen the integrity of the Highest Court of the Land". The other, well, tries to portray itself as a "defender of Philippine democracy", while looking at the people behind this group, they are far from being democrats or even defenders of democracy.&amp;nbsp;&lt;/i&gt;&lt;/b&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;The focus is the Chief Justice, whose properties are being systematically bared before the public to see--an obvious tactic meant to send a strong message--desist now, resign now, before we even contemplate of turning all these properties into sequestered assets. It's a ploy meant to weaken the Chief Justice's resistance. " Resign now or face the bleak prospect of you and your family without any single property."--that's the message of those who want nothing more than see a Chief Justice humiliated before a blood-thirsty public.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;While hundreds of families flee raging floodwaters in Davao del Norte and Compostela, and people in both the urban and rural areas are busy, hard at work, trying to scrape the bottom of their rice bowl for a few morsels of rice, these elites busy themselves with comparing notes--who among the Justices amassed great amounts of wealth just by writing several pages of decisions. Is it the Chief Justice who got at least 40 or so properties under his name or the names of his family during his decade long stint in the judiciary? Or is it Justice Carpio, who reportedly owns several properties which were not at all listed in his own SALN?&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;As they say, when times are rough, fellow thieves meet among themselves and discuss who among them got more than others, so that others may follow suit.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Kidding aside, in reconstructing a system, such situations like these occur as part of a disruption in the normal course of business. These disruptions are necessary in order to correct the obvious flaws of a system.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;This impeachment trial is just one stage of a long process of crystallizing a cacique type of change within the bureaucratic superstructure.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;The thing that we need to wait, is after this Chief Justice is formally ousted through a verification of his impeachment. When the Senate affirms the findings of the Lower House, that the Chief Justice, did, indeed, committed these alleged infractions against the Constitution, power will revert back to the people, doctrinally headed by the Chief Executive. The Chief Executive will then exercise his powers of appointment.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif; font-size: large;"&gt;&lt;b&gt;When this point comes, we will now know the real motivations of this impeachment move--we will see whether or not this administration is really committed to changing things for the better or changing things only for the pursuit of interests by a faction of this country's elites.&amp;nbsp;&lt;/b&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif; font-size: large;"&gt;&lt;b&gt;&lt;br /&gt;&lt;/b&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif; font-size: large;"&gt;&lt;b&gt;When we learn that it is only for the interests of a few that this exercise was made, then real change and a revolution would definitely happen.&lt;/b&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;&lt;div class="blogger-post-footer"&gt;&lt;a href="http://technorati.com/faves?sub=addfavbtn&amp;amp;add=http://newphilrevolution.blogspot.com"&gt;&lt;img src="http://static.technorati.com/pix/fave/tech-fav-1.png" alt="Add to Technorati Favorites" /&gt;&lt;/a&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1191186405357443063-4860320776290530483?l=newphilrevolution.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/phil2011/~4/aMhYifz2Lac" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/phil2011/~3/aMhYifz2Lac/battle-royale-among-pinoy-elites-in.html</link><author>noreply@blogger.com (PatricioMangubat)</author><thr:total>0</thr:total><feedburner:origLink>http://newphilrevolution.blogspot.com/2012/01/battle-royale-among-pinoy-elites-in.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-1191186405357443063.post-6265527372820065917</guid><pubDate>Fri, 13 Jan 2012 02:02:00 +0000</pubDate><atom:updated>2012-01-13T10:02:16.523+08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">economic forecasts</category><category domain="http://www.blogger.com/atom/ns#">gloria arroyo's economic treatise</category><category domain="http://www.blogger.com/atom/ns#">economic history of the philippines</category><category domain="http://www.blogger.com/atom/ns#">bagong istorya</category><category domain="http://www.blogger.com/atom/ns#">aquino's economic performance</category><title>Gloria Arroyo's rants and Pnoy's procrastination</title><description>&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Former president Gloria Macapagal-Arroyo's essay on the economy is now circulating online. Titled, "&lt;i&gt;&lt;b&gt;It's the economy student&lt;/b&gt;&lt;/i&gt;!", Arroyo accused President and her former student at the Ateneo, Benigno S. Aquino III of mismanaging the economy while busy conducting political warfare against his enemies. Arroyo brags that the economy she left behind was in better shape than it is right now. Arroyo tries to reposition herself as the better economic manager than Pnoy.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Well, Arroyo may very well write whatever she thinks and she has the right to do so. It is best however, that Arroyo sticks with the truth.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Let me re-publish here an excerpt from my book, " Bagong Istorya: Great Stories in Philippine History" (available here thru online orders and e-book. to be released in book form very soon). Some of us have very short memories, and that's the reason why I'm writing this history book and is not publishing it just yet because of the changing socio-political environment.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;Having said that, here is the rendering of History on the previous dispensation.&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style="font-family: Georgia, 'Times New Roman', serif;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;div align="center" class="MsoNormal" style="text-align: center;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 16pt; line-height: 115%;"&gt;CHAPTER 6&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div align="center" class="MsoNormal" style="text-align: center;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 16pt; line-height: 115%;"&gt;The Inherited
Malady&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Last June 30, 2010, the new administration
led by president-elect Benigno Simeon Aquino III inherited a bankrupt government.
For the next six months of 2010, Aquino and his new Cabinet will try to figure
out how to lift the country from the state of rut it has been for over nine
years. They will make do with a 1.514 trillion peso budget, enough to tide the
country thru this year, and surely insufficient to really address the
centuries-old problems of this country of 96 million. This enacted budget will
whittle the Philippine budget deficit to 132 billion php or 1.5% of the Gross
Domestic Product (GDP). &lt;/span&gt;&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_edn1" name="_ednref1" title=""&gt;&lt;span class="MsoEndnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-family: &amp;quot;Palatino Linotype&amp;quot;,&amp;quot;serif&amp;quot;; mso-themecolor: text1;"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoEndnoteReference"&gt;&lt;span lang="EN-US" style="font-size: 11pt; line-height: 115%;"&gt;[i]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/span&gt;&lt;/a&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Aquino inherits a country with a 32.9%
poverty incidence, one of the highest in the Asian region. &lt;/span&gt;&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_edn2" name="_ednref2" title=""&gt;&lt;span class="MsoEndnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-family: &amp;quot;Palatino Linotype&amp;quot;,&amp;quot;serif&amp;quot;; mso-themecolor: text1;"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoEndnoteReference"&gt;&lt;span lang="EN-US" style="font-size: 11pt; line-height: 115%;"&gt;[ii]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/span&gt;&lt;/a&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt; Aquino will have to at least improve the
lives of 17.4 million impoverished families who live off below 15,000 pesos
every year. Poverty is high among families living in the country’s 7,100
islands. Only the National Capital Region (NCR) and portions of Region 4 have
registered a higher than average incomes. The rest of the regions remain
impoverished especially in the Visayas and Mindanao provinces. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Poverty reduction is one of the priority
programs of the Philippine government regardless of administration yet,
according to one study, these programs only accounted for about 0.4%
improvement. Government generates revenues of 12,446,896,860 php (Bureau of
Trade) but spends about 121,869,160,726(millions) or a balance deficit of about
259,963,866 (millions) php. External financing accounts for 133,431,854,000,000
php while domestic financing accounts generate &amp;nbsp;393,332,012,000,000 php.&lt;/span&gt;&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_edn3" name="_ednref3" title=""&gt;&lt;span class="MsoEndnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-family: &amp;quot;Palatino Linotype&amp;quot;,&amp;quot;serif&amp;quot;; mso-themecolor: text1;"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoEndnoteReference"&gt;&lt;span lang="EN-US" style="font-size: 11pt; line-height: 115%;"&gt;[iii]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/span&gt;&lt;/a&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;After nine years under the administration of
Mrs. Gloria Macapagal-Arroyo, the quality of life has significantly
deteriorated especially in the urban areas. More Filipinos are poorer now than
before and enjoyed less freedom. The reason is the worsening state of our democratic
and governmental institutions. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Governance, the key motor for the improvement
of our quality of life, has been neglected. Institutions of governance have
significantly deteriorated, burdened by the weight of cronyism, graft and
corruption and lack of concrete policy direction. Since 2000, the ranking of
the Philippine government in terms of governance has steadily decreased. The
World Bank gave the Philippine government a negative 0.50% rating in terms of
governance.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Several analysts blamed a defective political
system for government’s inability to provide basic services. In 2005,
Philippine president Gloria Macapagal-Arroyo called on systemic changes in the
political system in the Philippines. Arroyo identified certain “systemic flaws”
which reportedly causes dysfunctionalism in government’s dispensation of basic
services. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Political analysts, however, credits Arroyo’s
underperformance as the main source of the dysfunctionalism. Arroyo’s personality
style in governance has been identified as the leading cause of the
deterioration of governmental and political institutions. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;To further develop the nation, transformative
tools should be used. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;b&gt;&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Unfulfilled Vision&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/i&gt;&lt;/b&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;In her &lt;i&gt;State
of the Nation&lt;/i&gt; address in 2001, shortly after the tumultuous EDSA Dos coup
d’état, President Gloria Macapagal-Arroyo laid down her vision for the
country.&amp;nbsp; In her speech, Mrs. Arroyo
recognized that her role as president is to adequately solve the five (5) basic
needs of the Filipino.&amp;nbsp; Let me quote from
her 2001 speech:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 0.5in; margin-right: 0.5in; margin-top: 0in; text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;Napakalinaw, napakasimple ang hiling ng mga
anak ng Payatas: Trabaho, edukasyon, sariling tahanan. Idagdag na rin: Pagkain
sa bawat mesa. Ito ang mithiin ng masa. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 0.5in; margin-right: 0.5in; margin-top: 0in; text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 0.5in; margin-right: 0.5in; margin-top: 0in; text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;And this, in common sense and plain talk, is
the core of my vision. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 0.5in; margin-right: 0.5in; margin-top: 0in; text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 0.5in; margin-right: 0.5in; margin-top: 0in; text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;A vision for the future must be rooted in the
past. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 0.5in; margin-right: 0.5in; margin-top: 0in; text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 0.5in; margin-right: 0.5in; margin-top: 0in; text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;A revolution gave birth to the first Republic
in Asia.&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn1" name="_ftnref1" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[1]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;
&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Years later, Mrs. Arroyo gave flesh to her
vision by announcing the birth of a Strong Republic in 2002, which she
describes as a government fighting the evils of underdevelopment. Yet, after
three more years, in 2005, Mrs. Arroyo later admitted that change cannot happen
under what she termed as a “political degenerated” system.&amp;nbsp; She said, and I quote:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .5in; margin-right: .5in; margin-top: 0in; text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;“...political system has degenerated; people
want a government that works.... the system needs fundamental change—the
sooner, the better time to take the power from the center to the countrysides.”&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;What led Mrs. Arroyo to conclude that it is
the system that hinders growth rather than promote it?&amp;nbsp; &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Quality of life has greatly decreased in the
Philippines over the past ten years. The risk of living in the Philippines has
increased due to rampant violence and the inability of the present
administration to effectively implement the laws. At the start, the
administration envisioned a “Strong Republic”, predicated on effecting a firm
hold or rein in the functions of governance.&amp;nbsp;
&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;This report assesses the Philippines in terms
of three (3) variables: global competitiveness, governance and security. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;b&gt;&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Investors see the Philippines as a “low cost,
but higher risk” country&lt;/span&gt;&lt;/i&gt;&lt;/b&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;. It means it is cheaper to do business in the
Philippines compared with other Asian countries but the risk is definitely
higher than others.&amp;nbsp; Meta Group
Incorporated defined that risk as political. The Philippines, says MetaGroup,
is second largest IT outsourcing hub, but political instability is affecting
competitiveness.&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn2" name="_ftnref2" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[2]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;&amp;nbsp; Since 2003, the global competitiveness of the
Philippines has seen good and better days due to rampant graft and corruption,
worsening peace and order situation and political instability.&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn3" name="_ftnref3" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[3]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;
&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;The World
Economic Forum’s “The Global Competitiveness Report, 2008-2009” ranked the
Philippines in 74&lt;sup&gt;th&lt;/sup&gt; place, lower than its neighbor Indonesia (58&lt;sup&gt;th&lt;/sup&gt;)
and Vietnam (73&lt;sup&gt;rd&lt;/sup&gt;).&lt;/span&gt;&lt;/i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt; Compared to Malaysia (24&lt;sup&gt;th&lt;/sup&gt; place) and
Singapore (8&lt;sup&gt;th&lt;/sup&gt;), our country lags behind in terms of
competitiveness. &lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn4" name="_ftnref4" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[4]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt; &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;The latest Global Competitiveness report
shows a further decline in the ranking of the Philippines. Our country is now
at 85&lt;sup&gt;th&lt;/sup&gt; place, even lower than Trinidad-Tobago. Vietnam is ranked
well above us. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;b&gt;&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Global competitiveness is affected by poor
governance&lt;/span&gt;&lt;/i&gt;&lt;/b&gt;&lt;b&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;.&lt;/span&gt;&lt;/b&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt; In the World Bank’s Governance Index, the
Philippines performed poorly in governance, registering a negative 0.59% since
1998 to 2008, well below Indonesia’s (-0.14%). There is a high incidence of
political violence (negative 1.41%, down to about negative 1.25% since 1998)
compared with other countries in the region.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;b&gt;&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Governance has been largely affected by
perceptions of rampant graft and corruption and crony practices&lt;/span&gt;&lt;/i&gt;&lt;/b&gt;&lt;b&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;. &lt;/span&gt;&lt;/b&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;A survey of 1,400 business leaders carried out by
Economic Risk Consultancy Ltd, a Hong Kong based company, found that the
Philippines was considered the most corrupt of the 13 Asian economies, followed
by Thailand, China, and Indonesia. The Philippines is separately ranked number
131 out of 179 countries by corruption watchdog &lt;i&gt;Transparency International&lt;/i&gt; in its 2007 report, placing it on a par
with Libya and Burundi.&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn5" name="_ftnref5" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[5]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Global Integrity
Report&lt;/span&gt;&lt;/i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;
(2008) has this to say about the Philippines:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .5in; margin-right: .5in; margin-top: 0in; text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Despite some impressive world-class
anti-corruption safeguards, such as formal "cooling-off" employment
periods for senior officials leaving government, the Philippines remains
challenged by the lack of a formal access to information regime and an election
system that breeds cronyism and corruption in the political process.
Improvements in the transparency surrounding government procurement remain
promising, and civil society groups continue to play an important role in the
debate around governance reforms. Restrictions on financial donations to
candidates and parties from those with business before the government are an
interesting and rare regulation internationally.&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn6" name="_ftnref6" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[6]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;In terms of peace and order, the &lt;i&gt;Global Peace Index&lt;/i&gt; places the
Philippines in 114&lt;sup&gt;th&lt;/sup&gt; place with a score of 2.357&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn7" name="_ftnref7" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[7]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;,
suggesting a higher incidence of political and non-political violence outbreaks
in the Philippines compared with its neighbors in Asia.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;According to the &lt;i&gt;World Economic Forum Executive Opinion survey&lt;/i&gt;, the top five issues
which the Philippines needs to address are the following: corruption,
inefficient bureaucracy, inadequate infrastructure, crime and theft and policy
instability. Furthermore, the Philippines needs to address irregular payments
in public contracts, prevalence of illegal political donations and the rising
business costs of terrorism.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;b&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Quality of Life
in the Philippines&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/b&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Good governance is basically anchored on
giving the best quality of life for its citizens. Political scientist Henry
Poole described government’s importance as the people’s medium to achieve a
higher quality of life. He wrote that the quality of life is strongly correlated
with open governments. As government opens more avenues for the exercise of
basic rights and freedoms, it leads to a higher the quality of life for its
citizens.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .5in; margin-right: .5in; margin-top: 0in; text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;“Open government answers injustice rather
than causing it. Open government exposes, and so corrects, corruption. “&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn8" name="_ftnref8" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[8]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;So, now, how do we then assess the present
administration, whether this government performed at par with the people’s
expectations or not. In assessing a government’s performance in terms of
Quality of life, we then use the Economist Intelligence Unit (EIU) Quality of
Life Index. The index lists nine (9) determinants or “quality-of-life” factors,
namely:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoListParagraphCxSpFirst" style="mso-list: l1 level1 lfo1; text-align: justify; text-indent: -.25in;"&gt;
&lt;!--[if !supportLists]--&gt;&lt;span style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;1.&lt;span style="font: 7.0pt &amp;quot;Times New Roman&amp;quot;;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;
&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;span style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Material
well-being (GDP per person at ppp in $ source: EIU)&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoListParagraphCxSpMiddle" style="mso-list: l1 level1 lfo1; text-align: justify; text-indent: -.25in;"&gt;
&lt;!--[if !supportLists]--&gt;&lt;b&gt;&lt;i&gt;&lt;span style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;2.&lt;span style="font: 7.0pt &amp;quot;Times New Roman&amp;quot;;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;
&lt;/span&gt;&lt;/span&gt;&lt;/i&gt;&lt;/b&gt;&lt;!--[endif]--&gt;&lt;span style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Health (life expectancy at birth years)&lt;b&gt;&lt;i&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/i&gt;&lt;/b&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoListParagraphCxSpMiddle" style="mso-list: l1 level1 lfo1; text-align: justify; text-indent: -.25in;"&gt;
&lt;!--[if !supportLists]--&gt;&lt;b&gt;&lt;i&gt;&lt;span style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;3.&lt;span style="font: 7.0pt &amp;quot;Times New Roman&amp;quot;;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;
&lt;/span&gt;&lt;/span&gt;&lt;/i&gt;&lt;/b&gt;&lt;!--[endif]--&gt;&lt;span style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Political Stability and security ratings&lt;b&gt;&lt;i&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/i&gt;&lt;/b&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoListParagraphCxSpMiddle" style="mso-list: l1 level1 lfo1; text-align: justify; text-indent: -.25in;"&gt;
&lt;!--[if !supportLists]--&gt;&lt;b&gt;&lt;i&gt;&lt;span style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;4.&lt;span style="font: 7.0pt &amp;quot;Times New Roman&amp;quot;;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;
&lt;/span&gt;&lt;/span&gt;&lt;/i&gt;&lt;/b&gt;&lt;!--[endif]--&gt;&lt;span style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Family life (divorce rate per 1,000 population converted
into index: Euromonitor)&lt;b&gt;&lt;i&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/i&gt;&lt;/b&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoListParagraphCxSpMiddle" style="mso-list: l1 level1 lfo1; text-align: justify; text-indent: -.25in;"&gt;
&lt;!--[if !supportLists]--&gt;&lt;b&gt;&lt;i&gt;&lt;span style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;5.&lt;span style="font: 7.0pt &amp;quot;Times New Roman&amp;quot;;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;
&lt;/span&gt;&lt;/span&gt;&lt;/i&gt;&lt;/b&gt;&lt;!--[endif]--&gt;&lt;span style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Community Life source: World Values Survey&lt;b&gt;&lt;i&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/i&gt;&lt;/b&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoListParagraphCxSpMiddle" style="mso-list: l1 level1 lfo1; text-align: justify; text-indent: -.25in;"&gt;
&lt;!--[if !supportLists]--&gt;&lt;b&gt;&lt;i&gt;&lt;span style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;6.&lt;span style="font: 7.0pt &amp;quot;Times New Roman&amp;quot;;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;
&lt;/span&gt;&lt;/span&gt;&lt;/i&gt;&lt;/b&gt;&lt;!--[endif]--&gt;&lt;span style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Climate and geography source: World Factbook&lt;b&gt;&lt;i&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/i&gt;&lt;/b&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoListParagraphCxSpMiddle" style="mso-list: l1 level1 lfo1; text-align: justify; text-indent: -.25in;"&gt;
&lt;!--[if !supportLists]--&gt;&lt;b&gt;&lt;i&gt;&lt;span style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;7.&lt;span style="font: 7.0pt &amp;quot;Times New Roman&amp;quot;;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;
&lt;/span&gt;&lt;/span&gt;&lt;/i&gt;&lt;/b&gt;&lt;!--[endif]--&gt;&lt;span style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Job Security (unemployment rate: EIU, ILO)&lt;b&gt;&lt;i&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/i&gt;&lt;/b&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoListParagraphCxSpMiddle" style="mso-list: l1 level1 lfo1; text-align: justify; text-indent: -.25in;"&gt;
&lt;!--[if !supportLists]--&gt;&lt;b&gt;&lt;i&gt;&lt;span style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;8.&lt;span style="font: 7.0pt &amp;quot;Times New Roman&amp;quot;;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;
&lt;/span&gt;&lt;/span&gt;&lt;/i&gt;&lt;/b&gt;&lt;!--[endif]--&gt;&lt;span style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Political Freedom (ave. of indices of political and civil
liberties)&lt;b&gt;&lt;i&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/i&gt;&lt;/b&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoListParagraphCxSpLast" style="mso-list: l1 level1 lfo1; text-align: justify; text-indent: -.25in;"&gt;
&lt;!--[if !supportLists]--&gt;&lt;b&gt;&lt;i&gt;&lt;span style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;9.&lt;span style="font: 7.0pt &amp;quot;Times New Roman&amp;quot;;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;
&lt;/span&gt;&lt;/span&gt;&lt;/i&gt;&lt;/b&gt;&lt;!--[endif]--&gt;&lt;span style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Gender Equality (source: UNDP Human Development Report)&lt;b&gt;&lt;i&gt; &lt;o:p&gt;&lt;/o:p&gt;&lt;/i&gt;&lt;/b&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;b&gt;&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Material well-being&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/i&gt;&lt;/b&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Average annual
family income tempered by increasing expenditures. &lt;/span&gt;&lt;/i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Average annual family income now stands at P
173,000.00, 16.8% higher than the 2003 estimated average of P 148,000.00. This
however is tempered by a higher average family expenditure which now stands at
P 147,000.00, 18.5% higher than the 124,000.00 php in 2003.&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn9" name="_ftnref9" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[9]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;
Meaning, the average annual family income is valued only at P 125,000.00
factoring in inflation from 2000-2006. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;b&gt;&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Highest 20% controls 51% of total wealth. &lt;/span&gt;&lt;/i&gt;&lt;/b&gt;&lt;b&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;UNICEF reports that the lowest 40% of the Philippine
population share only 15% of overall national household income 1995–2005, while
the highest 20% has 51% share of total national income. &lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn10" name="_ftnref10" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;b&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[10]&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/b&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Growth in the Per
Capita Gross Domestic Product (GDP) has registered a negative 1.5% from 3,707
in 2008 to 3,652 in the first quarter of 2009&lt;/span&gt;&lt;/i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;. Government analysts say economic growth in
the Philippines is expected to teeter to 0.4% by year’s end.&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn11" name="_ftnref11" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[11]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;b&gt;&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Health&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/i&gt;&lt;/b&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Based on UNICEF findings, average life
expectancy in the Philippines improved from 63 in 1998 to 72 in 2007.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;table border="1" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="border-collapse: collapse; border: none; mso-border-alt: solid black .5pt; mso-border-insideh: .5pt solid black; mso-border-insidev: .5pt solid black; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-yfti-tbllook: 1184;"&gt;
 &lt;tbody&gt;
&lt;tr&gt;
  &lt;td style="border: solid black 1.0pt; mso-border-alt: solid black .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 239.4pt;" valign="top" width="319"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;&amp;nbsp;Under 5 mortality rank&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="border-left: none; border: solid black 1.0pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 239.4pt;" valign="top" width="319"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;94&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
 &lt;/tr&gt;
&lt;tr&gt;
  &lt;td style="border-top: none; border: solid black 1.0pt; mso-border-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 239.4pt;" valign="top" width="319"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Under 5 mortality rate, 2007&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 239.4pt;" valign="top" width="319"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;28&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
 &lt;/tr&gt;
&lt;tr&gt;
  &lt;td style="border-top: none; border: solid black 1.0pt; mso-border-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 239.4pt;" valign="top" width="319"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Infant mortality rate (under 1), 1990&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 239.4pt;" valign="top" width="319"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;43&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
 &lt;/tr&gt;
&lt;tr&gt;
  &lt;td style="border-top: none; border: solid black 1.0pt; mso-border-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 239.4pt;" valign="top" width="319"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Infant mortality rate (under 1), 2007&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 239.4pt;" valign="top" width="319"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;23&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
 &lt;/tr&gt;
&lt;tr&gt;
  &lt;td style="border-top: none; border: solid black 1.0pt; mso-border-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 239.4pt;" valign="top" width="319"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Neonatal mortality rate, 2004&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 239.4pt;" valign="top" width="319"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;15&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
 &lt;/tr&gt;
&lt;tr&gt;
  &lt;td style="border-top: none; border: solid black 1.0pt; mso-border-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 239.4pt;" valign="top" width="319"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Annual no. Of births (000), 2007&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 239.4pt;" valign="top" width="319"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;2,295&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
 &lt;/tr&gt;
&lt;tr&gt;
  &lt;td style="border-top: none; border: solid black 1.0pt; mso-border-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 239.4pt;" valign="top" width="319"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;GNI per capita (US$), 2007&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 239.4pt;" valign="top" width="319"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;1,620&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
 &lt;/tr&gt;
&lt;tr&gt;
  &lt;td style="border-top: none; border: solid black 1.0pt; mso-border-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 239.4pt;" valign="top" width="319"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Life expectancy at birth (years), 2007&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 239.4pt;" valign="top" width="319"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;72&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
 &lt;/tr&gt;
&lt;/tbody&gt;&lt;/table&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;Though there is a
considerable improvement in the general health of the people, total health
related expenditure also increased considerably. The results of the 2005
Philippine National Health Accounts&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn12" name="_ftnref12" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[12]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;
reveal the following: &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;ul type="disc"&gt;
&lt;li class="MsoNormal" style="margin-right: 0.5in; text-align: justify;"&gt;&lt;b&gt;&lt;span lang="EN-US" style="font-family: &amp;quot;Palatino Linotype&amp;quot;,&amp;quot;serif&amp;quot;; font-size: 10.0pt; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-fareast-language: EN-PH;"&gt;Total
     health expenditure up by 9.4 percent in 2005&lt;/span&gt;&lt;/b&gt;&lt;span lang="EN-US" style="font-family: &amp;quot;Palatino Linotype&amp;quot;,&amp;quot;serif&amp;quot;; font-size: 10.0pt; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-fareast-language: EN-PH;"&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;div class="MsoNormal" style="margin-left: 0.5in; margin-right: 0.5in; text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;The
total health expenditure in the country went up by 9.4 percent in 2005, from
P165.3 billion in 2004 to P180.8 billion in 2005.&amp;nbsp; This could largely be
attributed to the increase in health benefit payments from social insurance,
such as the Employees’ Compensation and the Phil Health. Compared with the
previous year, the growth in 2005 was slower than the 11.9 percent increase in
2004.&amp;nbsp;&amp;nbsp;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;ul type="disc"&gt;
&lt;li class="MsoNormal" style="margin-right: 0.5in; text-align: justify;"&gt;&lt;b&gt;&lt;span lang="EN-US" style="font-family: &amp;quot;Palatino Linotype&amp;quot;,&amp;quot;serif&amp;quot;; font-size: 10.0pt; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-fareast-language: EN-PH;"&gt;Per
     capita health spending increases &lt;/span&gt;&lt;/b&gt;&lt;span lang="EN-US" style="font-family: &amp;quot;Palatino Linotype&amp;quot;,&amp;quot;serif&amp;quot;; font-size: 10.0pt; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-fareast-language: EN-PH;"&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;div class="MsoNormal" style="margin-left: 0.5in; margin-right: 0.5in; text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;With
the total health expenditure growing faster than the population, per capita
health spending went up by P142, from P1, 978 in 2004 to P2, 120 in 2005 or a
7.2 percent increase. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;ul type="disc"&gt;
&lt;li class="MsoNormal" style="margin-right: 0.5in; text-align: justify;"&gt;&lt;b&gt;&lt;span lang="EN-US" style="font-family: &amp;quot;Palatino Linotype&amp;quot;,&amp;quot;serif&amp;quot;; font-size: 10.0pt; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-fareast-language: EN-PH;"&gt;Share
     of health expenditure to GDP goes down&lt;/span&gt;&lt;/b&gt;&lt;span lang="EN-US" style="font-family: &amp;quot;Palatino Linotype&amp;quot;,&amp;quot;serif&amp;quot;; font-size: 10.0pt; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-fareast-language: EN-PH;"&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;div class="MsoNormal" style="margin-left: 0.5in; margin-right: 0.5in; text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;The
share of health expenditure to GDP was lower at 3.3 percent in 2005 compared to
previous year’s 3.4 percent.&amp;nbsp; It is still below the 5 percent standard set
by the World Health Organization (WHO) for developing countries.&amp;nbsp; On the
other hand, the share of health expenditure to GNP remained at 3.1 percent
which is within the National Objectives for Health (NOH) target of 3-4 percent.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;ul type="disc"&gt;
&lt;li class="MsoNormal" style="margin-right: 0.5in; text-align: justify;"&gt;&lt;b&gt;&lt;span lang="EN-US" style="font-family: &amp;quot;Palatino Linotype&amp;quot;,&amp;quot;serif&amp;quot;; font-size: 10.0pt; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-fareast-language: EN-PH;"&gt;Health
     benefit payments from social insurance exhibit the highest growth&lt;/span&gt;&lt;/b&gt;&lt;span lang="EN-US" style="font-family: &amp;quot;Palatino Linotype&amp;quot;,&amp;quot;serif&amp;quot;; font-size: 10.0pt; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-fareast-language: EN-PH;"&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;div class="MsoNormal" style="margin-left: 0.5in; margin-right: 0.5in; text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;Health
benefit payments from social insurance showed the highest growth rate at 24.9
percent or a P4.0 billion increase in 2005.&amp;nbsp; This resulted from the big
hike in payments from Employees' Compensation at 42.4 percent and Phil Health
at 24.4 percent.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;ul type="disc"&gt;
&lt;li class="MsoNormal" style="margin-right: 0.5in; text-align: justify;"&gt;&lt;b&gt;&lt;span lang="EN-US" style="font-family: &amp;quot;Palatino Linotype&amp;quot;,&amp;quot;serif&amp;quot;; font-size: 10.0pt; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-fareast-language: EN-PH;"&gt;Government
     health spending remains far from the HSRA&amp;nbsp; target &lt;/span&gt;&lt;/b&gt;&lt;span lang="EN-US" style="font-family: &amp;quot;Palatino Linotype&amp;quot;,&amp;quot;serif&amp;quot;; font-size: 10.0pt; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-fareast-language: EN-PH;"&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/li&gt;
&lt;/ul&gt;
&lt;div class="MsoNormal" style="margin-left: 0.5in; margin-right: 0.5in; text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;The
share of government on health expenditure declined&amp;nbsp;to 29 percent which is
below the target of 40 percent based on the Health Sector Reform Agenda (HSRA).
Also, the government's target to depend less on out-of-pocket payments and
provide more social health insurance is still far from being realized as the
share of out-of-pocket payments even increased to 49 percent while the share of
social insurance payments increased only slightly to 11 percent in 2005.&amp;nbsp;
Based on the HSRA, the target for out-of-pocket is 20 percent while the target
for social insurance is 30 percent.&amp;nbsp;&amp;nbsp; &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;b&gt;&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;Political Stability and security ratings&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/i&gt;&lt;/b&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Global Peace
Index&lt;/span&gt;&lt;/i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;
places the Philippines in 114&lt;sup&gt;th&lt;/sup&gt; place with a score of 2.357&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn13" name="_ftnref13" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[13]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;,
suggesting a higher incidence of political and non-political violence outbreaks
in the Philippines compared with its neighbors in Asia. Global Security.Org
attributes this to the weakening of the Philippines’ capability of addressing
threats posed by insurgent, criminal and terrorist groups. Instability is
described in the Philippines by global security agencies as a “way of life” in
the Philippines. &lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn14" name="_ftnref14" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[14]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Philippines is
considered a terrorist haven&lt;/span&gt;&lt;/i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;. Security researcher Preeti Bhattacharji of the &lt;i&gt;Council on Foreign Relations&lt;/i&gt; in his
article last June 1, 2009 sums up the security threats that the Philippines now
faces:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .5in; margin-right: .5in; margin-top: 0in; text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;The U.S. State Department has considered the
southern Philippines a "terrorist safe haven" since the
classification was created in 2006. According to the State Department's 2008
report, the Philippine government has little control in the Sulu archipelago
and the island of Mindanao. The government has also had trouble combating
resentment among the local Muslim minority regarding policies of the central
government. As a result, the Philippines is home to a number of militant
groups, including the Abu Sayyaf Group, the Communist Party of the
Philippines/New People’s Army, Jemaah Islamiyah, the Alex Boncayao Brigade, the
Pentagon Gang, the Moro National Liberation Front (MNLF), and the Moro Islamic
Liberation Front (MILF). These groups have conducted over one-hundred attacks
within the Philippines since 2004, the largest of which was a ferry bombing
that killed 130 people. The Philippine government has taken significant steps
to combat terrorism, but terrorists continue to use the country as a base to
organize, raise funds, train, and operate.&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn15" name="_ftnref15" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[15]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .5in; margin-right: .5in; margin-top: 0in; text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;The &lt;i&gt;Bureau
of East Asian and Pacific Affairs of the US State Department 2009 report&lt;/i&gt;
describes the security threats against the Philippines as thus:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .5in; margin-right: .5in; margin-top: 0in; text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;The government continues to face threats from
terrorist groups, including three terrorist groups on the U.S. Government's
Foreign Terrorist Organization list. The terrorist Abu Sayyaf Group (ASG),
which gained international notoriety with its kidnappings of foreign tourists
in the southern islands, remains a major problem for the government, along with
members of the Indonesian-based Jemaah Islamiyah (JI). Efforts to track down
and interdict ASG and JI members have met with some success, especially in
Basilan and Jolo, where U.S. troops provide counter terrorism assistance and
training to Philippine soldiers, along with conducting humanitarian activities.
In August 2006, the Armed Forces of the Philippines began a major offensive
against ASG and JI on the island of Jolo. This offensive was successful and
resulted in the deaths of Abu Sayyaf leader Khadafy Janjalani and his deputy,
Abu Solaiman. The U.S. Government provided rewards to Philippine citizens whose
information led to these deaths in the military operations, as well as to many
other operations against terrorist leaders. The broad-based efforts to weaken
terrorist organizations resulted in the death or capture of over 200 terrorists
in 2007 and 2008.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .5in; margin-right: .5in; margin-top: 0in; text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .5in; margin-right: .5in; margin-top: 0in; text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;An international monitoring team continues to
watch over a cease-fire agreement between the government and the separatist
Moro Islamic Liberation Front (MILF). In June 2003, the MILF issued a formal
renunciation of terrorism. In August 2008, during peace talks mediated by the
Government of Malaysia, the Philippine Government and the MILF reached
agreement in principle on a territorial agreement. However, intervention by the
Philippine Supreme Court, and its subsequent October 14 ruling that the draft
agreement was unconstitutional, have forced both parties to seek new ways to
reach a peace agreement. Fighting flared up after the agreement was struck down
in court and has continued sporadically in central Mindanao.&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn16" name="_ftnref16" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[16]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;&amp;nbsp; Terrorist organizations: Abu Sayyaf Group
(ASG)&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn17" name="_ftnref17" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[17]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;External Threats&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/i&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;The Philippines renounces war as an instrument
of national policy and adopts the generally-accepted principles of
international law. There are no active external threats against the Philippine
state. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;The US State department, however, cautioned
the Philippines and its allies against possible aggressive actions from the
Chinese in relation to the Spratlys issue. Global Security considers the
Spratlys as a possible flashpoint between contending claimants, including the
Philippines.&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn18" name="_ftnref18" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[18]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;China remains as a strong ally yet a
potential bully of the Philippines. In recent years, China’s active campaign to
claim the Spratlys as part of their territory has affected China-Philippine
relations. China’s warships guard the waters off Spratlys, which is seen as an
offensive gesture by the Philippine government. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Philippine foreign affairs secretary Alberto
del Rosario went to the Pentagon in the first quarter of 2011 and met State
secretary Hillary Clinton. In that historic meeting, Clinton reiterated the
United State’s commitment towards Philippine defense and assured the Philippine
government of continued cooperation. This cooperation involves the sale of
sophisticated weaponry, including small arms, ships, cruisers and helicopters. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Before he left to China, Aquino inaugurated
the warship General del Pilar. This is the first Hamilton class warship of the
country. The Aquino administration plans to strengthen and modernize its
defense forces.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Increased
threats, increased funding support from US&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/i&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Jane’s October
2008 Sentinel Security Reports&lt;/span&gt;&lt;/i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt; sums up the increase defense spending by the Philippines
to contain internal threats.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .5in; margin-right: .5in; margin-top: 0in; text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .5in; margin-right: .5in; margin-top: 0in; text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Following the 11 September 2001 attacks, the
Philippines began to receive greater amounts of US military aid through the
Foreign Military Financing (FMF) and International Military Education and
Training (IMET) programs. In January 2007 President Arroyo - in her capacity as
former defense secretary - announced a PHP10 billion (USD200 million) defense
spending programs that included the purchase of 26 helicopters, inshore craft,
radios, infantry weapons and trucks. All of the additional equipment would be
earmarked for internal security and counter-insurgency operations. It is
unclear to what extent this funding represents 'new money' or is a
re-interpretation of the existing budget allocation. The Philippines House of
Representatives has approved the government-proposed defense expenditure of
PHP56.1 billion for 2008, which is 20 per cent higher than expenditure in 2007.
The budget represents 0.9 per cent of gross domestic product and just 4.6 per
cent of the total national budget. Defense Secretary Gilbert Teodoro said that
the raise is needed to fight insurgency in the south of the country. The
Philippines has many defense equipment priorities, which include the upgrading
of communications equipment, ground vehicles, infantry weapons, transport and
attack helicopter, and fast-attack patrol craft with modern navigation
equipment and missile weapon systems. Personnel account for the bulk of the
AFP's appropriations, with 73 per cent allotted for salaries, 26 per cent for
operational expenditure and 1 per cent for capital outlay. The army gets 54 per
cent of the allocation, the navy 19 per cent, the air force 17 per cent with
the 10% designated to the intelligence agencies.&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn19" name="_ftnref19" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[19]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Crime Incidence&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/i&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Crime Incidence increased by 115.6 per
100,000 population (2007 figures), compared with 81.9 in 2006. Index crimes
increased by 65.5 (2007) from 47.8, while non-index crimes almost doubled from
its 34.1 (2006) to 50.1&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn20" name="_ftnref20" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[20]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;b&gt;&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Family Life&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/i&gt;&lt;/b&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;In 2005, the number of marriages in the
Philippines decreased from 582,281 to only about 518,595. This has been
attributed to economic factors. Quite a number of Filipinos are not entering
into matrimony due to the high costs of having a wedding ceremony.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;b&gt;&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Community Life&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/i&gt;&lt;/b&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Global rates of “happiness” have been
steadily decreasing since 1945, with the exception of peoples living in the
Netherlands, South Korea and Japan. While the rates of happiness in China
registered the lowest. &lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn21" name="_ftnref21" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[21]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;According to the World Database of Happiness,
Filipinos are moderately happy. &lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn22" name="_ftnref22" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[22]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;As
a whole, Filipinos rates their life on the 6.84 mean out of 10, a few notches
above the global average. The Philippines leads other nations with an average
mean of happiness score of 6.3.&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn23" name="_ftnref23" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[23]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;
&amp;nbsp;The ranking is higher than South Korea
and India. The country is ranked 54-55th place, lower than Peru, yet higher
than those living in Portugal, Russia and South Korea.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;b&gt;&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Climate and geography source&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/i&gt;&lt;/b&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;The Philippines
is considered to be one of the world’s disaster-prone countries.&lt;/span&gt;&lt;/i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt; According to the Belgian think tank, the
Center for Research and Epidemiology of Disasters, the Philippines is the most
disaster prone country in the world. It is known for its Mount Pinatubo
eruption, disastrous typhoons, floods, garbage and landslides in Metro Manila,
and for the war in Mindanao. At the end of the International Decade for Natural
Disaster Reduction (1990-2000), the Philippines is still at the top of the list
of countries hit by disasters, as recorded by the Center for Research and
Epidemiology of Disasters (CRED) in Belgium. These records show that the
Philippines was hit by an average of 10 disasters a year since 1991 compared to
8 disasters a year from 1900 to 1991.&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn24" name="_ftnref24" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[24]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Philippines loses
P 15B due to disasters.&lt;/span&gt;&lt;/i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt; World Health Organization (WHO) regards the Philippines
as the most disaster prone area in the Pacific because of its location.&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn25" name="_ftnref25" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[25]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;
Asia, says the Asian Development Bank (ADB) enjoys the unfortunate distinction
of the region frequently visited by hurricanes and cyclones.&amp;nbsp; Fifty six percent of the world’s strongest
typhoons, cyclones and hurricanes all happen in Asia. Because of this, the
World Bank estimates that the Philippines loses P 15 billion a year due to
natural calamities, equivalent to 0.7% of the country’s GDP.&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn26" name="_ftnref26" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[26]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;b&gt;&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/i&gt;&lt;/b&gt;&lt;b&gt;&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Job Security&lt;/span&gt;&lt;/i&gt;&lt;/b&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Unemployment rate stands at 7.5%, lower by
one percentage points compared to 2008 and 2007 figures. There are about 37.8
Million Filipinos employed in various sectors, posting a 92.5% employment
participation rate, lower than in previous years.&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn27" name="_ftnref27" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[27]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;The National Capital Region has the highest
unemployment rate at 13.5% and the lowest employment participation rate at
86.5%. Aside from NCR, lower than national average unemployment rates were
noticed in the Ilocos, Central Luzon, Calabarzon, and Western Visayas. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Fifty percent of the Philippine labor force
work in the services sector, particularly in wholesale and retail sectors.
Thirty five percent are working as agricultural workers while only 14.5% are
working in the industrial and manufacturing sectors. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Job security, however, is being threatened by
company shutdowns due to the global and worsening local financial crisis.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;b&gt;&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Political Freedom&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/i&gt;&lt;/b&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;In its February 2009 report, the &lt;i&gt;Bureau of Democracy, Human Rights and Labor
of the US State Department&lt;/i&gt; decried the alleged continuing violations of
civil liberties and political freedoms in the Philippines. Let me quote what it
said in its “&lt;i&gt;2008 Human Rights Report:
Philippines&lt;/i&gt;”:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .5in; margin-right: .5in; margin-top: 0in; text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Arbitrary, unlawful, and extrajudicial
killings by elements of the security services and political killings, including
killings of journalists, by a variety of actors continued to be major problems.
In recent years, following increased domestic and international scrutiny,
reforms were undertaken and the number of killings and disappearances dropped
dramatically. Concerns about impunity persisted. Members of the security
services committed acts of physical and psychological abuse on suspects and
detainees, and there were instances of torture. Prisoners awaiting trial and
those already convicted were often held under primitive conditions.
Disappearances occurred, and arbitrary or warrantless arrests and detentions
were common. Trials were delayed, and procedures were prolonged. Corruption was
a problem throughout the criminal justice system. Left-wing and human rights
activists often were subject to harassment by local security forces. Problems
such as violence against women, abuse of children, child prostitution,
trafficking in persons, child labor, and ineffective enforcement of worker
rights were common. &lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn28" name="_ftnref28" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[28]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;The situation of human rights, especially on
human trafficking is so severe, that the US State department downgraded the
status of the Philippines and placed it under Tier 2 Watch list. Tier 2 means
that the number of victims of severe forms of trafficking was increasing
significantly in the Philippines. &lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn29" name="_ftnref29" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[29]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;The
report also noted that the Arroyo government failed to show evidence of
progress in convicting human traffickers, particularly those in labor
trafficking.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Philippine
democracy under a regime of turmoil&lt;/span&gt;&lt;/i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;. Steven Rogers of the Open Democracy Society
described democracy in the Philippines as under a regime of turmoil. &lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn30" name="_ftnref30" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[30]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;
Arroyo’s failure to provide opportunities for the direct exercise of civil
liberties has led to a continuous debilitation of public institutions. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Philippine
democracy under extreme decay&lt;/span&gt;&lt;/i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;. Friedrich Stiftung describes democracy and political
freedom in the Philippines as under “extreme decay.” The Heritage Foundation
meanwhile gave the Philippines a score of 56.9 in its 2008 Index of Economic
Freedom. The US think tank described Philippine economic freedom as “moderately
unFree” placing the country in 92&lt;sup&gt;nd&lt;/sup&gt; place out of 157 countries in
the world.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Partially Free
Philippines&lt;/span&gt;&lt;/i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;.
The US think tank Freedom House downgraded the status of the Philippines from
“free” to “partially free” The institute said that the negative status change
was “based on credible allegations of massive electoral fraud, corruption, and
the government’s intimidation of elements in the political opposition.” &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;In its overview of the Philippines in its
2009 Freedom in the World Country reports, the think-tank maintained the
current status of the country as “partially free” with a score of 4 out of 10
in political freedom and 3 out of 10 in the civil liberties index due to:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .5in; margin-right: .5in; margin-top: 0in; text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;High-level corruption scandals inhibited
governance in 2008 and generated significant public opposition to the administration.
The number of extrajudicial killings declined during the year, and a new army
chief with a pledged commitment to human rights was appointed in June. However,
a breakdown of peace negotiations between the government and Muslim insurgents
plunged the southern provinces into the worst violence since 2003, with more
than 600,000 people displaced from their homes by year’s end.&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn31" name="_ftnref31" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[31]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Bertelsmann, a European think tank, gave the
Philippines 4.5 in terms of civil and political liberties, placing the country
in the 46&lt;sup&gt;th&lt;/sup&gt; rank out of 132 countries.&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn32" name="_ftnref32" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[32]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;
The Institute for Democracy and Electoral Assistance (IDEA) in its November
2008 assessment report categorized the state of political freedom in the
Philippines as “under constant seize”.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;The problem, says Cornell University
professor Carl A. Trocki of the Southeast Asia program is that Philippine
democracy continues to exhibit “cacique-type” behavior.&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn33" name="_ftnref33" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[33]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;
Likewise, political analysts also think that Philippine democracy is “weak” and
“infantile”. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;In a paper presented to the &lt;i&gt;Conference Democracy and Civil Society in
Asia&lt;/i&gt;, Joel Rocamora succinctly described the situation as:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .5in; margin-right: .5in; margin-top: 0in; text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;The Philippines has the most persistently
undemocratic democracy in Asia. Except for the period of dictatorship under
Ferdinand Marcos between 1972 and 1986, the Philippines has had a functioning
democracy since independence from the United States in 1946. At the same time,
a small group of powerful families has dominated politics and kept the economic
benefits of power for themselves. Many analysts use the modifier
"elite" when referring to Philippine democracy. (Bello and Gershman,
1990)&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .5in; margin-right: .5in; margin-top: 0in; text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .5in; margin-right: .5in; margin-top: 0in; text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Effective participation by citizens outside
of elections is limited. Unlike Malaysia and Singapore (much more obviously
unlike the military dictatorship in Burma) with their Internal Security Acts,
the Philippine state does not impose too many formal limits to the
self-organization of disadvantaged groups. But a combination of bureaucratic
rules and informal means including violence continues to make organizing
difficult. Without effective popular pressure, government is generally not
accountable.&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn34" name="_ftnref34" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[34]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;b&gt;&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Governance in the Philippines: A Situationer&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/i&gt;&lt;/b&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;The World Bank ranks the Philippines as a
failure in governance. Failure of governance has been attributed to graft and
corruption, cronyism and inability in providing concrete policy directions.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;A confidential &lt;i&gt;Friedrich Stiftung report&lt;/i&gt; summarizes the Philippine situation
insofar as combating the twin evils of graft and corruption:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .5in; margin-right: .5in; margin-top: 0in; text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;“The Philippines faces a steep battle in
combating and preventing corruption among elected and unelected office holders
and in discouraging officials from utilizing public positions for family and
business interests. There is effectively no political party system in the
Philippines–no strong and operational political parties to speak of, no
discipline among parties with switching commonplace among candidates, and no
clear system of accountability neither within the party nor between parties and
the public. Prominent is the tendency of public officeholders to exhibit
loyalty to families, relatives, and friends even at the expense of compromising
the larger public interest.”&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Political
Challenges&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/i&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Freedom House described the political
situation in the Philippines as worsening due to rampant graft and corruption,
cronyism and influence peddling, leading to what German think tank Friedrich
Stiftung described as a decaying democracy.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .5in; margin-right: .5in; margin-top: 0in; text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Corruption, cronyism, and influence peddling
are rife in business and government. Despite recent economic reforms, a few
dozen leading families continue to hold an outsized share of land, corporate
wealth, and political power. Local “bosses” often control their respective
areas, limiting accountability and encouraging abuses of power. &lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn35" name="_ftnref35" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[35]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;The Heritage Foundation meanwhile gave the
Philippines a score of 56.9 in its 2008 Index of Economic Freedom. The US think
tank described Philippine economic freedom as “moderately unFree” placing the
country in 92&lt;sup&gt;nd&lt;/sup&gt; place out of 157 countries in the world. Asia
Barometer describes Philippine democracy as a “tired democracy”.&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn36" name="_ftnref36" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[36]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Reporters without Borders meanwhile increased
the ranking of the Philippines by 14 places (128 out of 169).&amp;nbsp; &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Two popular indices of civil and political
rights are Freedom House’s Civil Liberty and Political Right Scores. In 2006,
the Philippines scored 3 on both indices, putting it in the league of Cambodia
and Thailand in the middle of the 13 East Asian countries and territories
covered by the Asian Barometer. Taiwan tops these measures at 1 for both civil
liberty and political rights, while China comes in last, scoring 6 and 7
respectively.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Another set of indicators that portray the
state of “control of corruption”, “voice and accountability”, “government
effectiveness”, and “rule of law” prevailing in a country or territory is
provided by the World Bank. In 2006, the Philippines obtained a negative score
on “control of corruption” (-0.69), “rule of law” (-.48), and “voice and
accountability” (-0.18). It scored close to zero (-0.01) in “government effectiveness”.
This puts it in the league of Cambodia, Vietnam, Indonesia, and China as far as
having no positive score on each of these measures. The rest of the East Asian
bloc – Japan, Hong Kong, Korea, and Taiwan – score positively on all three measures.
Mongolia and Thailand have mixed scores.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Philippines Risk
Assessment: Political social economic conditions&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/i&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Gloria Arroyo was inaugurated as president at
the end of June 2004, taking up her first electoral mandate since assuming the
presidency in 2001 from Joseph Estrada, who was forced from office by massive
street protests related to charges of corruption. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Arroyo's efforts to tackle corruption and to
focus on economic reform have been undermined by a string of scandals. A year
after being elected, her popularity rating had fallen to a record low amid
opposition claims that she cheated in the elections. She apologized to the
nation for talking to an election official about her hopes for victory in the
run-up to the 2004 poll but denied any wrongdoing. Because of continuing
allegations of corruption against her administration, political observers say
Arroyo's authority will likely remain tenuous. However, she continues to
maintain the strong support of the army, and she should be able to see out the remaining
year of her term in office.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Arroyo also faced the challenge of delivering
on promises to create jobs and to improve living standards. Social and economic
reforms introduced during her first term did little to ease poverty or the
country's debt burden. She has taken a strong line on law and order and in 2006
lifted a moratorium on the death penalty. She also has allied herself closely
with the U.S.-led war on terror.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Arroyo advocates constitutional reform,
proposing to swap the country's U.S.-style presidential system for a
parliamentary government before the 2010 elections. The existing constitution
was adopted to prevent the president from subverting democracy by stealth after
the fall of the corrupt dictatorship of Ferdinand Marcos. However, any attempt
to change the constitution rouses suspicion that it is the first step back
toward dictatorship. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;In the May 2007 midterm elections, Arroyo's
allies maintained control of the House of Representatives. Observers now
believe there is only a remote possibility of another attempt to impeach her.
Opposition parties, however, won most of the 12 Senate seats that were
contested, giving them a majority in the upper house and the ability to veto
key legislation.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Because of budget deficits and widespread corruption,
the Philippines recovered from the regional economic crisis of the late 1990s
more slowly than other Asian countries. The budget deficit is forecast to widen
in 2009, as revenue collection is hurt by lower economic growth and corporate
tax cuts. Analysts believe Arroyo's aim to eliminate the budget deficit by 2010
is overly ambitious. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Once self-sufficient in rice, the country has
lost nearly half its irrigated land to rapid urban development during the past
20 years. It is now the world's biggest importer of the crop. Recent falling
global food and oil prices, together with sluggish domestic demand, are
forecast to allow the rate of inflation to slow from 9.6% in 2008 to 4.5% in
2009. Owing to the deepening global financial crisis, growth in gross domestic
product is expected to slow from 7.3% in 2007, its fastest rate of growth in 31
years, to 1.9% in 2009.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Political/social/economic
conditions&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/i&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;International
terrorism&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/i&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;According to international and Filipino
intelligence officials, the Philippines in general and Manila in particular are
likely targets for future attacks by Jemaah Islamiyah, a terror group blamed
for several attacks in Indonesia and believed to be linked to al-Qaida. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;In the past two years authorities repeatedly
have increased security in Manila amid intelligence reports of possible
terrorist attacks against shopping centers and transport systems. As part of
the effort to tighten security, some 20,000 police officers have been placed on
heightened alert, and 15 checkpoints have been established to guard key sites. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;In March 2008, police arrested three suspects
with alleged ties to Jemaah Islamiyah and another terrorist group, saying they
were part of a plot to bomb the U.S., British, Australian and Israeli embassies
in Manila.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Domestic
terrorism&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/i&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;The Abu Sayyaf Group, a terrorist
organization believed to have links to al-Qaida and Jemaah Islamiyah is widely
considered the most violent of several Muslim extremist groups operating in the
Philippines and is a major problem for the government. Although intense
counterinsurgency operations and many arrests have degraded the group, it has
continued to launch attacks, particularly on the southern island of Jolo. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;ASG has claimed responsibility for a number
of recent attacks. A powerful bomb exploded in May 2008 at a bus terminal in
Cotabato city, wounding two men, damaging buses and a nearby business, and
sparking panic among commuters. In September 2008, an explosion at the bus
terminal in Digos killed six people and injured a further 30. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Some ASG attacks have been directed at travelers.
In February 2004, ASG claimed responsibility for a fire on a ferry in which
more than 100 people lost their lives. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;ASG has also carried out a number of
kidnappings for ransom and is currently holding about a dozen mostly national
hostages. In January 2009, gunmen abducted three Red Cross aid workers--two
Europeans and a Filipina. Two were released in April 2009 and the third, an
Italian was freed in July 2009. A Sri Lankan peace activist kidnapped in the
same region remains in captivity.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Officials have said that ASG has been plagued
by money shortages and apparently carries out kidnappings to raise funds. A
number of hostages were taken and later released in 2008 following the payment
of large ransoms. The government opposes ransom payment in kidnapping cases,
but there's no law that specifically forbids it.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;b&gt;&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Economic Situationer&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/i&gt;&lt;/b&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Global Source&lt;/span&gt;&lt;/i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;, a highly reputable think tank based in New
York, has downgraded its economic growth outlook for the Philippines. In its
“recession bound” report, Global Source scaled down its Gross Domestic Product
(GDP) forecast of 2.5 percent for the Philippines in 2009 due to the worsening
effects of the global economic crisis to the country. It says:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .5in; margin-right: .5in; margin-top: 0in; text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;"Given the developments, especially as
it is personal consumption spending (which comprises almost 80 percent of GDP)
that has surprised most on the downside, our full-year growth forecast of 2.5
percent which we had computed in the beginning of the year no longer appears to
be viable and we are inclined to undertake downward revisions in our subsequent
reports,"&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn37" name="_ftnref37" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[37]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt; &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Last April 2008, the Bangko Sentral ng
Pilipinas (BSP) has just cut its forecast average 2009 inflation to 3.5 percent
from 3.9 percent&lt;/span&gt;&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_edn4" name="_ednref4" title=""&gt;&lt;span class="MsoEndnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-family: &amp;quot;Palatino Linotype&amp;quot;,&amp;quot;serif&amp;quot;; mso-themecolor: text1;"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoEndnoteReference"&gt;&lt;span lang="EN-US" style="font-size: 11pt; line-height: 115%;"&gt;[iv]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/span&gt;&lt;/a&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;, a move, say analysts, of the continued
attempts by fiscal authorities to stymie the expected rise of inflation risks,
mainly due from the devaluation of the peso in recent months.&amp;nbsp; This is far from the expected higher than 9.3
percent forecast, which was the aggregate inflation rate.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;However, the central bank has previously said
while improved inflation expectations had given it room to loosen monetary
policy in recent months, potential price pressures warranted a more measured
pace of rate easing.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;The central bank's 3.5 percent inflation
forecast is in the middle of the government's official 2009 inflation target of
2.5 percent to 4.5 percent. Average inflation in 2008 was 9.3 percent -- a
10-year high.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;The central bank has predicted inflation
likely fell to between 5.9 percent and 6.8 percent in March; its lowest level
in a year, as falling energy prices offset the impact of a weak peso.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;The Economist Intelligence Unit (EIU) has
this to say on the economic situation of the Philippines. EIU forecasts:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoListParagraphCxSpFirst" style="mso-list: l6 level1 lfo7; text-align: justify; text-indent: -.25in;"&gt;
&lt;!--[if !supportLists]--&gt;&lt;span style="font-family: Symbol; font-size: 10pt; line-height: 115%;"&gt;·&lt;span style="font: 7.0pt &amp;quot;Times New Roman&amp;quot;;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;
&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;span style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;A
wider budget deficit due to a slower economic growth, which will depress tax
revenue.&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoListParagraphCxSpFirst" style="mso-list: l6 level1 lfo7; text-align: justify; text-indent: -.25in;"&gt;
&lt;span style="font-family: Symbol; font-size: 10pt; line-height: 115%; text-indent: -0.25in;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoListParagraphCxSpFirst" style="mso-list: l6 level1 lfo7; text-align: justify; text-indent: -.25in;"&gt;
&lt;span style="font-family: Symbol; font-size: 10pt; line-height: 115%; text-indent: -0.25in;"&gt;·&lt;span style="font: 7.0pt &amp;quot;Times New Roman&amp;quot;;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;
&lt;/span&gt;&lt;/span&gt;&lt;span style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%; text-indent: -0.25in;"&gt;The
BSP will take into account the direction of movements in economic growth,
inflation and exchange rate when determining monetary policy adjustments. The
BSP has begun to cut interest rates to stimulate economic growth; falling
inflation should allow for further reductions in the cost of borrowing.&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoListParagraphCxSpMiddle" style="mso-list: l6 level1 lfo7; text-align: justify; text-indent: -.25in;"&gt;
&lt;!--[if !supportLists]--&gt;&lt;span style="font-family: Symbol; font-size: 10pt; line-height: 115%;"&gt;·&lt;span style="font: 7.0pt &amp;quot;Times New Roman&amp;quot;;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoListParagraphCxSpMiddle" style="mso-list: l6 level1 lfo7; text-align: justify; text-indent: -.25in;"&gt;
&lt;!--[endif]--&gt;&lt;span style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Economic
growth will average 3.4% per annum starting 2009 to 2013. External demand is
likely to be weak as the turmoil afflicting international financial markets
translate into a sustained period of slow global economic growth.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoListParagraphCxSpMiddle" style="mso-list: l6 level1 lfo7; text-align: justify; text-indent: -.25in;"&gt;
&lt;!--[if !supportLists]--&gt;&lt;span style="font-family: Symbol; font-size: 10pt; line-height: 115%;"&gt;·&lt;span style="font: 7.0pt &amp;quot;Times New Roman&amp;quot;;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;
&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;span style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Inward
flows of remittances from Filipino workers overseas are the main contributor to
the current-account surplus. These inflows will fall in 2009-10, but will
remain large enough to keep the current account in surplus. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoListParagraphCxSpLast" style="mso-list: l6 level1 lfo7; text-align: justify; text-indent: -.25in;"&gt;
&lt;!--[if !supportLists]--&gt;&lt;span style="font-family: Symbol; font-size: 10pt; line-height: 115%;"&gt;·&lt;span style="font: 7.0pt &amp;quot;Times New Roman&amp;quot;;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;
&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;span style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;GDP
per head (at market exchange rates) in the Philippines remains low, at an
estimated US$1,801 in 2008. It is expected to rise to US$2,172 by 2013, which
will modestly increase market opportunities but will still leave average income
levels below those of many of the country’s neighbours.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;table border="0" cellpadding="0" class="MsoNormalTable" style="width: 447px;"&gt;
 &lt;tbody&gt;
&lt;tr&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;Key indicators&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;2008&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;2009&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;2010&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;2011&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;2012&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;2013&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
 &lt;/tr&gt;
&lt;tr&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;Real GDP growth (%)&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;3.8&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;-1.8&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;3.0&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;5.2&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;5.3&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;5.6&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
 &lt;/tr&gt;
&lt;tr&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;Consumer price inflation (ave. %)&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;9.3&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;2.9&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;3.6&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;4.2&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;4.0&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;4.0&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
 &lt;/tr&gt;
&lt;tr&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;Budget balance (% of GDP)&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;-0.9&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;-3.4&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;-2.4&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;-1.9&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;-1.4&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;-1.2&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
 &lt;/tr&gt;
&lt;tr&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;Current-account balance (% of GDP)&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;2.5&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;3.8&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;2.8&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;3.1&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;3.8&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;4.1&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
 &lt;/tr&gt;
&lt;tr&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;Lending rate (av; %)&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;8.8&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;8.5&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;8.6&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;9.2&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;9.4&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;9.6&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
 &lt;/tr&gt;
&lt;tr&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;Exchange rate P:US$ (av)&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;44.47&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;49.50&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;52.00&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;51.80&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;51.20&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;49.00&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
 &lt;/tr&gt;
&lt;tr&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;Exchange rate P:US$ (end-period)&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;47.49&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;50.75&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;51.90&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;51.50&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;50.10&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
  &lt;td style="padding: 1.5pt 1.5pt 1.5pt 1.5pt;" valign="top"&gt;
  &lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt;"&gt;47.90&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;/td&gt;
 &lt;/tr&gt;
&lt;/tbody&gt;&lt;/table&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Business Monitor International in its report,
“The Philippines Business Forecast Report Q3 2009” (published July 2009) says
that the country is still an economic “outperformer” due to concerns of growing
budget deficits and the unresolved political crises.&amp;nbsp; &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;BMI says weak economic infrastructure and
political unrest to affect further growth of the economy. Budget deficit is
forecasted to grow 4% per annum starting this year while fiscal policy will
continue to be on “expansive mode” to counter the effect of a drawback of
external demand and a sharp contraction in capital investment.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;The World Bank sees the economy to contract
due to the immense weight of the effects of the global recession, contrast to
the projection of the ADB which still gave the Philippines a passing mark in
terms of economic performance.&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn38" name="_ftnref38" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[38]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;&amp;nbsp; &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;The World Bank stuck to its earlier
projection that the Philippine economy would contract 0.5 percent. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;On the other hand, Neeraj Jain, ADB country
director for the Philippines, said the economy is still seen to post a positive
performance, citing the continued remittance growth, improvement in business
confidence, and turnaround in key exports.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;The inter-agency Development and Budget
Coordination Committee (DBCC) has estimated that the Philippine economy will
expand between 0.8 and 1.8 percent this year, a huge reduction from the
previous forecast of 3.1 percent to 4.1 percent. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Economic managers were forced to reduce the
growth targets following the disappointing 0.4-percent economic expansion in
the first three months of the year.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;The bleak first-quarter economic performance
was nothing unusual as the most of the region even suffered worst than the
Philippines, the ADB said. The financial body however noted that risks in the
Philippine economy include the longer than expected downturn in industrialized
countries and further weakening of government revenues.&amp;nbsp; Non-performing loans of banks may also rise
as corporate earnings are seen to decline amid the weak business environment.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;The 0.8-percent personal consumption
expenditure recorded in the first quarter of the year was faulted for the
nearly flat growth of the economy. Personal consumption makes up some 70
percent of the domestic economy.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Jain said that Filipinos seemed to have been
saving more their disposable income to prepare for any unplanned spending. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;The Philippines is considered among the
countries which have low social protection coverage.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;For its part, the World Bank said most
Filipinos are refusing to spend their extra cash for fear that foreign
financial institutions that hold their savings might fail.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;The WB said that remittances, a major source
of disposable income of Filipinos, would contract by four percent in dollar
terms this year and to post a two-percent recovery next year.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;The local labor market will also remain
sluggish, especially with increased employment in the informal sector, unpaid
family workers, and the hike in self-employed individuals, it said. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;The Philippine economy will suffer a
recession this year because of its inability to benefit from “green
shoots" of the global economy.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Since the country’s major trading partners
are the US, Japan and Europe, the expansion in China – seen to lead the global
development –would have a limited impact to the Philippine exports' sector.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;“The Philippines is not expected to be among
the first round of countries (e.g., commodity exporters) that would benefit
from a recovery in China. Indeed, with electronics exports accounting for about
60 percent of total Philippine exports, final consumer demand located mostly in
the US, Europe, and Japan, will be a key driver of a sustainable recovery in
exports.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Even if emerging markets recover, it is not
expected to benefit the Philippines, the World Bank said. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Besides having protected economies, emerging
markets lack trade links with the Philippines, which may take time, it said. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;“Much of the resiliency in countries such as
China stems from fiscal stimulus and other measures that are mostly benefiting
domestic firms and non-tradable. Finally, these countries have not been a large
source of OFW migration," WB added.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;For next year, the Philippines is seen to
post a growth of 2.4 percent, while inflation in 2009 is expected to moderate
at 3.2 percent and 4.5 percent in 2010.&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn39" name="_ftnref39" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[39]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;
&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Philippine budget deficit would reach US$
2.69 billion, 1.5% of the Gross Domestic Product (GDP). It is also estimated
that the economic growth rate in 2010 would be ranging between 4.9% and 5.8%.
Imports would go up by 12 to 14% while exports would go down at an annual rate
of 8 to 9%&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftn40" name="_ftnref40" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span lang="EN-US" style="color: black; font-size: 10pt; line-height: 115%;"&gt;[40]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;As per Philippines economic forecasts it has
also been predicted that in 2010 imports would go up and would range within 12
-14 percent. It has also been estimated that in fiscal 2009 imports for
Philippines would depreciate at a rate of 8 or 9 percent. Filipino Economist
Benjamin Diokno of the University of the Philippines School of Economics say
recovery of the Philippine export industry is still far-fetched, citing the
decline of outbound shipments for the eighth straight month in May 2009. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;b&gt;&lt;i&gt;&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;A dysfunctional society&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/i&gt;&lt;/b&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;Aquino inherited a dysfunctional society run
by elite groups whose interests ran counter to the general interest. The
dysfunctionalism is intentional. As the country grapples with more problems,
the higher and weaker government becomes in solving the root cause of its problems.
&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;span lang="EN-US" style="font-family: 'Palatino Linotype', serif; font-size: 10pt; line-height: 115%;"&gt;This dysfunctionalism did not happen
overnight. It developed thru time. The next stories will explain why it
developed and who caused the dysfunctionalism of our society.&lt;br clear="all" style="mso-special-character: line-break; page-break-before: always;" /&gt;
&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div class="MsoNormal" style="text-align: justify;"&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;div&gt;
&lt;!--[if !supportFootnotes]--&gt;&lt;br clear="all" /&gt;

&lt;hr align="left" size="1" width="33%" /&gt;


&lt;!--[endif]--&gt;

&lt;div id="ftn1"&gt;


&lt;div class="MsoFootnoteText" style="text-align: justify;"&gt;
&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftnref1" name="_ftn1" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span style="font-family: &amp;quot;Calibri&amp;quot;,&amp;quot;sans-serif&amp;quot;; font-size: 10.0pt; line-height: 115%; mso-ansi-language: EN-PH; mso-bidi-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-language: AR-SA; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US;"&gt;[1]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt; http://www.dfa.gov.ph/archive/speech/gma/gmasona1.htm&lt;/div&gt;
&lt;/div&gt;
&lt;div id="ftn2"&gt;


&lt;div class="MsoFootnoteText" style="text-align: justify;"&gt;
&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftnref2" name="_ftn2" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span style="font-family: &amp;quot;Calibri&amp;quot;,&amp;quot;sans-serif&amp;quot;; font-size: 10.0pt; line-height: 115%; mso-ansi-language: EN-PH; mso-bidi-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-language: AR-SA; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US;"&gt;[2]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt; Stacy Collett,
“The Philippines: Low cost, but higher risk:Costs are low and the English is
flawless, but there are pockets of political instability.” &lt;b&gt;Computerworld&lt;/b&gt;, 15 September 2003.&lt;/div&gt;
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&lt;a href="file:///C:/Users/Public/Documents/bookdraftdec2011%20(Autosaved).docx#_ftnref3" name="_ftn3" title=""&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;!--[if !supportFootnotes]--&gt;&lt;span class="MsoFootnoteReference"&gt;&lt;span style="font-family: &amp;quot;Calibri&amp;quot;,&amp;quot;sans-serif&amp;quot;; font-size: 10.0pt; line-height: 115%; mso-ansi-language: EN-PH; mso-bidi-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-language: AR-SA; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US;"&gt;[3]&lt;/span&gt;&lt;/span&gt;&lt;!--[endif]--&gt;&lt;/span&gt;&lt;/a&gt; Michael
B. Mundo, “ Growth and Business Competitiveness among 80 economies: Philippine
Rankings Rise and Fall, “ Makati Business Club confidential report, No. 52 -
November 2003. This is based on the 2003-2004 Global Competitiveness Report
released by the Switzerland-based World Economic Forum (WEF) last 30 October
2003.&lt;/div&gt;
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