After the mad scramble US still ends up downgraded

By -

After a frantic rush to reach political consensus to raise their debt ceiling, the US still ends up getting their credit rating downgraded...

http://getrealphilippines.com/blog/2011/07/the-us-debt-ceiling-crisis-how-the-worlds-mightiest-nation-may-run-out-of-money-this-week/

Comments

Post a Comment

Popular this week

Duterte BPI bank scandal a trap set for Trillanes?

By -
Image
There are now papers floating around that the BPI account in Julia Vargas has a running balance of around Php22,000xx from March 2015 to March 2016. It's peanuts, and Trillanes makes a big fuzz about it? Sonamagan, even call center agents would have this kind of bank accounts; definitely does not show a corrupt DU30. And then, Trillanes talks of 42 real estate properties, but mostly owned by the children of DU30. Yet, the first one that media checks is a unit in P Guevarra, which is only valued at 2.3 million. Even ordinary employees could buy such unit. That could hardly buy just the main door, an imported antique, in the house of Binay, which has been valued at 15 million, yes just the freaking door by itself. What is this, they are again using trial by publicity, which they effectively used on CJ Corona whom they accused him of having 80 properties. In the end, it comes out Corona had only four properties, three of which was purchased for investment purposes only. I don'...
Read more

Reporters Karen Lema and Manuel Mogato of @Reuters LIED about the Duterte "Hitler" quote

By -
Image
The oh-so-noble journalists are at it again, this time, with Duterte’s Hitler comment. I am no Duterte fanatic. I criticize him more scathingly than anyone when his mouth is out of line. But this time, Duterte really didn’t say anything wrong. The real culprits behind the fuss over his Hitler comment are Karen Lema and Manuel Mogato, two Filipino reporters of the Reuters news agency, who wrote this article: “ Philippines’ Duterte likens himself to Hitler, wants to kill millions of drug addicts ”. Lema and Mogato are Filipinos. There’s no way they could have misunderstood what Duterte really meant in his speech. I watched the video and this is what the President said: “Hitler massacred 3 million Jews. There are 3 million drug addicts. I’d be happy to slaughter them. At least, if Germany had Hitler, the Philippines would have ….. my victims, all criminals, to finish a problem of my country, and save the next generation.” (See for yourself here . The Hitler part is at 14:40....
Read more

How the 1986 'people power revolution' was engineered by the United States

By -
Image
The Marcos Administration, during the 1972-81 martial law period tripled the country's road network, doubled the electrification of the country's homes, increased irrigated cropland eight-fold, and achieved rice and corn self-sufficiency. Minimum daily wage rates tripled, although inflation, driven by international oil price hikes and exploding U.S. interest rates, more than wiped out these wage increases. The oil price hike got Marcos thinking about Nuclear power. But the opponents of Marcos were soon being wined and dined in Washington, by both the right wing (Shultz and Wolfowitz) and the left wing (Rep. Stephen Solarz, Sen. Ted Kennedy, and Princeton's Richard Falk) of the "Project Democracy" apparatus, which performed the subversive tasks assigned by the synarchist banking institutions. Salvador Laurel, the son of the quisling President of the Philippines under the Japanese occupation, headed the opposition after Aquino's assassination, and in Februar...
Read more

Lol! Conrado de Quiros laments the very people who voted Noynoy president in 2010 #juanvote

By -
Image
Little did it occur to Conrado "Noynoy is Aragorn" de Quiros that the very people who voted for Noynoy Aquino in 2010 now voted a bunch of "rogues" into office in the recently-concluded 2013 mid-term elections... One, Imelda Marcos, who won 88 percent of the votes in her husband’s turf in Ilocos Norte—she herself is from Leyte—retaining her seat in the House. She and her husband are well-known plunderers and oppressors. Two, Joseph Estrada, who won as mayor of Manila against Alfredo Lim. Erap was variously impeached, overthrown by People Power, tried and convicted of corruption, but later pardoned by his successor who lived in constant fear of an uprising. Of course Erap was pitted against an opponent who had earned the nickname “Dirty Harry” for ignoring such niceties as due process and human rights. Poor Manila, Nick Joaquin’s noble city. Three, Gloria Macapagal-Arroyo, who also won 88 percent of the votes in her district in Pampanga. Obviously, it didn’t ...
Read more