Leni Robredo admitted to Mike Enriquez during a radio interview on May 9 that she owned stocks at Meralco. She also admitted that such had a value of 95k pesos in 1995. Robredo did not declare the value of these stocks, and while she declared owning stocks, the value of such is not listed in her SALN as an asset. Now after doing some crowd-sourcing and math, here is what I found out. I could not get the share prices of Meralco stocks in 1995. What I got thanks to Carlos A Jr Cortes is the value in 2000 which is 4 pesos per share. Using this, and this is even conservative since the price in 1995 must have been lower than 4 pesos, then Robredo owned at least 23,750 shares of stocks (95k divided by 4). The current share price of Meralco is 272 pesos per share. If we use this value, then Robredo has at least 6.46 milion pesos (at least 23,750 shares multiplied by 272 pesos per share) of assets which she failed to declare in her SALN. Using the Corona precedent, this is an i...
The verdict has been given; Renato Corona was pronounced guilty, and this impeachment trial will go down in Philippine history as the first impeachment trial to be actually concluded. Now what do we do? Should we now go back to more important matters like economics, or should we impeach another "Arroyo lackey" to prolong the zarzuela? PNoy, the ball is on your court now. Well, no. The ball has always been on your court; it's all you, even to the detriment of those who are not in league with your Yellow Kingdom. Good luck, Philippines.
DILG Secretary Mar Roxas and CNN correspondent Andrew Stevens discuss the speed of Philippine Government relief efforts in calamity areas left by Typhoon Yolanda. Source of quotes: CNN video on YouTube .
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....
The idiot would probably sit on it and wonder why it hurts.
ReplyDelete