The inadequacy of some countries to be self reliant aggravates the present state of recession. The worsening US economy magnifies the greater truth that most of third world nation relies solely to the fate of US. I am NOT an ECONOMIST neither a FINANCIAL ANALYST but it is very clear to me, once US falls, various third world counties crumble.
For a very depressing truth the Arroyo government kept on boasting that World Bank and International Monetary Fund are ready to alleviate grief stricken countries for some funds. How can you be so proud of unending list of loans the Philippines has to endure? Why do you feel Philippines is a BIG TIME when a financial institution or another first world country agreed to let us borrow funds? It is a SHAME that until now, after more than 100 years of independence from the Spaniards, we are still colonized by our own poverty and CORRUPT POLITICIANS. These POLITICIANS, kept digging our graves and justify to the WHOLE WORLD that we are nothing but a THIRLD WORLD COUNTRY waiting and begging for HELP.
In this very devastating time, why do the law makers and the government need to impose taxation on the remittances from abroad going to Philippines? Are they truly sick in mind that they think a 0.01% won’t matter in our pockets? Even a 1 peso does matter if you give a damn how you earn it.
In this very devastating time, when more and more Filipinos cannot even buy a single Pan de Sal for breakfast, it is a BULLSHIT that a police official caught carrying around almost P 7,000,000,.00 in his pocket and give a lousy excuse that it is for a contingency fund. They even have the face to tell the Filipino people that the will liquidate it afterwards. Please STOP under estimating the capacity of JUAN to think.
For a long time, I had given up my faith with our leaders. For a long time, I kept complaining why PHILIPPINES has to be in this state.
But three things kept me holding on, I won’t give up my Faith in GOD, I won’t give up my Love for this COUNTRY, and I won’t give up my Dream for my family.
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