Thursday, June 28, 2012

Philippine Foreign Debt in Trillion


Hogging the headlines the Philippine government extended loan assistance to other countries via the International Monetary Fund or IMF. As an ordinary citizen of this nation majority of its population has long been troubled by grinding poverty, this update put me in limbo. Right away, I don’t know what to say. It was like I was in a state of shock. Mildly, disbelief.

While the loan scheme assures financial benefits to the grantor in a form of interest, I believe that the act is “wrongfully correct.” Correct in a way that we have moral obligation to help other countries which are in financial distress and wrong for its form and timing.

The Philippines is not a rich country to be able to financially help other nations.  We can probably help in other forms. But financially even though loans? This is outrageous because more especially that the Philippines is wallowing in a debt crisis to the tune of, sources claimed, P2.44 trillion. Obviously, the Philippines failed to recover. The strategies which all past administrations were saying before failed. I believe that, unless new ways are taken, we will not improve. Foreign debt will continue to accumulate which will reduce all development efforts of the current administration to nothing. As to the new ways, this is the puzzle that the government has to solve in consultation with the people.  Problems of lack or absence of consistent social services for the people are recurring. Priority is the right term. We have to prioritize or people. We have to prioritize to fund our own strategies. 

Another thing, helping countries for returns (like interest) is immoral. That is my opinion. You cannot be morally upright if you help a needy person, for instance, to get interests. In fact, this is not helping. This will backfire. If you really want to help, don’t expect for returns.

Friday, June 22, 2012

Oil Price Rollback

The oil companies have recently conducted a ten-series oil price rollback that analysts said resulted from the movement of oil price in Asia, according to news reports by GMA News. But while the rollback is supposed to ease off the economic hardship felt by of the people, teh reverse is true. Prices of basic commodities have ironically increased.

As prices of oil products dictated by how they behave in the world oil trade, there is no way that it will stay that way. This is temporary. What has come down must come up in the case of fuel. :-) This is the point of the editorial cartoon I drew. So, even when this is the current situation now, there is really a need for the government to prepare for the worst, that is, when prices of oil products will hike again.

Sideline. The World Boxing Organization (WBO) recently ruled in favor to Manny Pacquaio as the one winning against Timothy  Bradley. But experts said that this is immaterial a far as claiming back the WBO belt for Pacman. The decision in the ring was and is final. Bradley won. Be that as it may, in the eyes the boxing fans worldwide, Pacman won. Based on the review made by WBO, Pacman won. And I truly believe this is an overwhelming observation that the Pambansang Kamao won over Bradley whom Pacmom or Mommy Dionesia Pacquiao called  as "Wheelchair Champion."

Sunday, June 10, 2012

Pacman loses to Judges


Yesterday, the world of the die-hard fans of Pacman was shaken when Tim Bradley won via a split decision in Las Vegas, Nevada, USA. Funny because not a few netizens, for instance, quickly said that Pacman lost to the judges. That is understandable especially when you believed that your eyes did not lie to you and so Manny Pacquiao by all means won the fight not Bradley who almost had dated with the canvas when he wobbled after being hit by the Pambansang Kamao from the Philippines. But that's it. It did not happen. That's a game of boxing. The best punches could not bring your enemy down. In an interview, Pacman honored the decision of the judges. Probably his game plan was not really good enough to floor Bradley down.

It was my first to see him fight (on tv, LOL) and I believed he was skilled and brainy fighter too although he was outmatched by Pacman in a number of power punches. So I personally believed that Pacman did not lose to Bradley but to the judges whom Bob Arum called the "three blind mice." I uploaded the netizens for having this opinion. Although sweeping a statement from the boxing promotion tycon because one judge's scorecard  gave it to Manny. Instead, they were the two blind mice in an alleged conspiracy. Well, it could be hard to figure out even though we believe those who said that it was a mafia at  work that robbed our national boxing icon of his WBO belt. It should not be the case or else all boxing aficionados will lose faith in the boxing sports, clean sports. For myself, when I learned from fb fanatics about the decision ahead of yahoo news, I lost appetite...in the food I was eating (LOL) while watching a delayed telecast. We are cableless at the moment.

My wife had a viewpoint that differed from mine. Bradley this time was powerful than Pacman, she insisted. Since I tried to avoid a punching match (LOL) so I just nodded in "agreement" with a modifiers "just maybe." But she was probably right. Some boxing experts said that maybe age caught up with Manny. Bradley was younger. Manny was older. I am not ready to accept the analysis because while Bradley threw rapid punches, it was Pacman who had landed KO-hungry punches that tried to whipup those pandesals in Bradley's stomach. To his credits, Bradley stood ground and sat on his wheelchair later.

Today is Monday. For sure, the defeat we suffered would be trending in the offices. Let us say that for the fans, sometimes defeat for their idol is hard to accept. But knowing that there is always a second chance is to heave a sigh of relief. Before the fight, a rematch was already in the pipeline of Mr. Arum. Well, let us see in November (?). 

Photo: http://www.badlefthook.com

Monday, June 4, 2012

Davao Express Water Taxi


This is the first time to see the Davao Express Water Taxi. At present, DEWT has two units. BTW, I lifted this pic from one of the sites of DEWT.  You can visit here

The first Davao-IGACOS (and around Davao Gulf) water taxi was, if I am not mistaken, launched early this year only. I only knew about it when Dean Ortiz, DEWT manager, asked me to design its mascot/logo. It would be an honor to see my design on all  water taxi units. But I understand DEWT has yet to add more of units to fully meet the transporting needs of its clients.

Revisiting how to go around the Davao Gulf, DEWT is an interesting marine transportation to tap. The concept of a taxi needless to say that it implies the quickest way to any resort destinations here at an affordable cost.

Mr. Ortiz is coming up with promotional gimmicks. And before you know it, DEWT will become the preferred mode of transportation in the region. 

Welcome aboard! Sakay na!

ss_blog_claim=c3562d5e8148b278487327214007edb2