#Filipinos addicted to politicians' dole-outs are putting the #Philippines at risk of a #Greece-style crisis!

By -


In view of what happened to Greece, dapat alam na nyo that dole-outs are very, very, very dangerous propositions. Mga people, maawa kayo sa bansa nyo, sa Pilipinas. Please lang. Alam nyo ba na kada tanggap nyo ng perang ayuda o regalo na galing sa politico o gobyerno ay linalapit nyo ang Pinas na maging parang Greece. Dapat alamin nyo ang nanyari sa Greece. Ang Greece ay halos pag-aari na ng mga bangko at ng mga sindikato dahil sa ganyan, ang warde-wardeng gamit ng pera. Ngayon, hirap na hirap ang mga tao sa Greece So, pwede ba, buksan nyo mga mata nyo, ang mga utak nyo, at alamin at pag-aralan ang nangyayari sa paligid

Where will dole-outs come from? Eventually, from foreign borrowings. No local bank will lend the government for dole-out programs. Just look at CCT, it is borrowed money from ADB.

Candidates give freebies, where does the money come from? (1) from kickbacks, (2) from PDAF and DAP, (3) from political donation. (1) where does kickback come from? From your taxes. (2) where does PDAF/DAP come from? From your taxes. (3) where does political donation come from? (4) From sweetheart deals with govt which may involve smuggling, tax concession, behest loans, etc. (4) where does sweetheart deals source their money? eventually from your taxes. Walang tangang kandidato. Lahat yan, gupang. Eventually, all the freebies and money they give you will come from your taxes. Kaya wag kayo tanga.

When taxes are not enough, and they are always not enough, govt borrows from local banks and foreign private banks. When local and private banks refuse because of risk, like govt program is a dole-out, they borrow from ADB, who borrows from Japan, IMF, WB, EU. Eventually, govt has to pay the loan, where will it get money to pay the loan? From taxes. Pero palaging kulang ang tax, so hihiram na naman. So, palaging palaki ng palaki ang taxes at ang borrowing. And, the only way to stop this palaki ng palaki is to put every money into productive use. Productive use means that money produces money, or kung magaling, more money.. Dole-outs are not productive use of money.

Behind WB is Federal Reserve, which is own by the oligarchs of all oligarchs. Behind IMF is Federal Reserve and EU Central Bank, which is controlled by the syndicates of all syndicates. Behind ADB is IMF and Japan. All these want countries to borrow and borrow. Kasi inaabangan nila na hindi na makabayad ang umutang. Sa Greece, gusto nila angkinin yun mga priceless treasures. Dito, maaring kunin nila yun gold reserve natin, kontrolin yun mines, among others.

So pwede ba, batukan nyo yan mga kandidato na namimigay ng freebies. Linlagay nila ang bansa sa alanganin.

---------------
This is a GRP Featured Comment. Join the discussion!
http://getrealphilippines.com/blog/2015/07/vice-president-jejomar-binay-buying-his-way-to-the-presidency/#comment-1232066

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

Rappler CEO @MariaRessa suggests that Duterte was ORDERED to sing by Trump! 😮

By -
Image
In a tweet fielded by Rappler CEO Maria Ressa today, the causality reader could be led to believe that Philippine President Rodrigo Duterte was ordered to sing by US President Donald Trump. But was he really? It seems Ressa is just being too quick to selectively interpret a common Filipino colloquialism that is no different to the way we use terms like "bossing" and "chief" to address peers or even subordinates in a tongue-in-cheek manner. Ressa is most definitely grasping for straws here.
Read more

Filipinos are taught by their parents to flush at public toilets with their feet. Is this RIGHT??

By -
Image
Public toilets in the Philippines are seen to be dirty. As such many Filipinos are taught by their parents to use their feet to operate the flush lever after using a public toilet. The prevalence of this practice was confirmed after a tweet from a Filipino Netizens describing the practice attracted wide approval... Is this the right way to solve the problem of unsanitary public toilets in the Philippines? By teaching kids to use their feet to operate such facilities? It's more like teaching them to be inconsiderate and rather than be good members of the community. No wonder public facilities in the Philippines suck. It's because their users suck.
Read more

Poor people in the Philippines seem to prefer poverty over aspiring to be not poor

By -
Image
Sadly, a MAJORITY of the poor people here are bad people. That is WHY they are poor. They disrespect others, they disrespect themselves, and they disrespect God’s creation. Exactly how do they think they’ll be rewarded for that? If you genuinely had empathy, you would be able to get inside their heads and understand why they do these things, and perhaps know how to fix it. However, you are confusing “empathy” with “sympathy”. I have yet to meet a poor person who actually WANTS to do the things necessary to escape poverty. The funny thing is, everyone can see that I’m more successful than they are. They think this is because I’m “rich”. I’m sure a lot of them are full of jealousy (as benign0 describes) and sit around thinking “ha, it’s not fair, that foreigner is so rich and I’m so poor. I guess it’s OK if I steal his stuff”. Which they do. Regularly. I grew up poor. I know how it feels to be hungry, all the time, every day. I decided I didn’t like feeling like that. I’m successf
Read more