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Showing posts from September, 2017

Poverty Eradication Part 1

Source Image: media.children.org Dear Government, 22.3 million Filipinos are living in poverty and extreme poverty. These Filipinos only eat 1 to 2 meals a day.  Let us solve this problem first and foremost, Everything else is secondary. While most government officials, politicians and netizens fight over matters regarding drugs, EJK, impeachment, 4-day work week and others.  22.3 million Filipinos are having a problem on where to find their second or third meals of the day. For me, this is a more pressing issue than anything else.  For 2 out of every 10 people you see on the street are either looking for food to eat or finding a job to feed them. By definition, poverty line is the minimum threshold government computed for a family of five to meet the very basic needs of food, shelter, housing, transportation, health and education.  This poverty line threshold computed by the Philippine Statistics Authority (PSA) is now at P10,969 per month ($200/Month). On the othe

Philippine sports is DEAD

SOUTHEAST ASIAN GAMES (SEAG) FINISHES OF THE PHILIPPINES 1977-1997 (20 years). AVERAGE (1977-1997): No. 3 or 3rd Place finishes for the Philippines for 20 years. MR. PEPING COJUANGCO's REPORT CARD from the day he assumed office: (History and Records will never lie): 2007 Thailand SEAG-41 Gold Medals (6th Place) 2009 Vietnam SEAG-38 Gold Medals (6th Place) 2011 Indonesia SEAG-36 Gold Medals (6th Place) 2013 Laos SEAG-29 Gold Medals (7th Place) 2015 Singapore SEAG-29 Gold Medals (6th Place) 2017 Malaysia SEAG-24 Gold Medals (6th Place and the WORST FINISH EVER) Common Denominator to our Country's failure in Sports: Mr. Peping Cojuangco (82 years old traditional politician) assumed office as Philippine Olympic Committee President since 2005. (Tenure: 2005-Present) PHILIPPINE SPORTS IS DEAD BECAUSE OF ONE MAN !!!

What is the Rationale behind our Country’s double digit increases to our National Budget?

Article 1: “What is the Rationale behind our Country’s double digit increases to our National Budget?” It is budget season again in congress and the once P3.35 Trillion Philippine National Budget in 2017 is now a whopping P3.76 Trillion for 2018 or a budget increase of over 12%. In last years budget season, I asked our Economic Managers the following questions: How do they decide on the yearly budget increases? Who decides the double-digit rate of these increases? And, How do they arrive at a final figure of such increases? From 2016 to 2017, the national budget increase was at 11.6% and now from 2017 to 2018, the Philippine budget increase is way over 12%. To give you a background, just 10 years ago, in 2007 and 2008, the Philippine National Budget was only at P1.126 Trillion and P1.227 Trillion respectively, comparing it to today’s 2017 National budget of P3.35 Trillion, the budget increase within a span of 10 year difference is an overwhelming 300% increase. Comparing 201