Category: debt
that rating upgrade
… is good news only for the minority rich, not for the majority poor. check out cielito habito’s An early Easter gift
national debt, keeping track
MANILA, Philippines (Xinhua) – The government debt increased to P5.38 trillion ($132.25 billion) as of November last year due to higher domestic debt, the Bureau of Treasury said today. The end-November debt of the national government was P22 billion ($54.08 … Continue reading
instead of chacha, revoke automatic appropriation for debt service!
my first reaction upon hearing of senate president enrile’s and house speaker belmonte’s joint call for charter change soon after the impeachment and ouster of the chief justice, of which they were prime movers, was to wonder, ano ito, quid-pro-quo? … Continue reading
new year wish 2011
clinton’s campaign strategist carville was right, “it’s the economy, stupid” that won clinton the presidency in 1992, trumping bush senior’s foreign policy high from the “successful” gulf war. here at home it would seem that the president and his men … Continue reading
obscenely oppressive, that’s VAT!
it’s obscene that the arroyo government is gleefully rolling in cash when everyone else is not, lalo na’t the source of all that cash is the onerous VAT that we the people are paying in addition to the spiralling death-defying … Continue reading
lubog sa utang
received from the Freedom from Debt Coalition two FDC documents. a comprehensive brief of the philippine debt and fiscal situation, and a listing of illegitimate debt cases. both too lengthy to post here but at least i can update my figures. … Continue reading