CHR GAGO - UUNAHIN PA KARAPATAN NG DRUGLORDS SA PINAS

        ETTA ROSALES ISANG GAGO!

WHAT DOES OBAMA HAVE TO SAY OVER AQUINO?

"WHO LET THE DOGS OUT . . . . .  

 WHOOOO ......WHOOOO!"

"WHO LET THE DOGS OUT?!"

RELATIVES NA AQUINO-COJUANGCO

    THE KAMAG-ANAK INCORPORATED

    One of the biggest urban legends of recent times in the Philippines, is the story that the Cory Administration was supposedly the “cleanest” among the Administrations in the last three decades.

    Philippines: Scandals During The Cory Administration One of the biggest urban legends of recent times in the Philippines, is the story that the Cory Administration was supposedly the “cleanest” among the Administrations in the last three decades. Thanks to Nostalgia, and the fact that her Administration was at the dawn of the internet age, much of the negativities of that Administration has been largely forgotten, and people tend to remember only the “good” things about that Administration. Well, thanks to Noynoy Aquino’s “holier-than-thou” campaign strategy, much of the “unpleasantries” during Cory’s time are being brought back to the surface slowly, but surely. Here are some that I have managed to dig out: ‘Philippine Air Lines Stocks to Nephews’ Cory approved in January 1992 the sale of 67% of the stocks of the Philippine Air Lines (PAL) to an investment group headed by her relatives, composed of one of her Tanjuatco nephews and three of her Cojuangco nephews. The sale resulted in a loss of USD 300-million plus for the Filipino people. The Philippine government, through the Government Service Insurance System (GSIS), owned the shares. 

And worse, her nephews did not even have the money to pay for the airline stocks. They borrowed the money that they used to pay the GSIS from three Philippine government-owned banks, even using the PAL stocks as collateral. ‘Philippine Air Lines Building Scandal’ “The PAL Scandal,” where Cory authorized in 1992 the sale of the PAL Building in San Francisco, California. It resulted, according to the column of the late journalist Louie Beltran, into a USD 6-million loss to the national airline. 
Cory did not charge Mr. Beltran with libel on this issue about the PAL Building. She, however, did file a libel case against Mr. Beltran and his publisher, Maximo V. Soliven on a separate issue, when Beltran wrote that Mrs. Aquino “hid under her bed during a coup d’etat attempt at the presidential palace in Manila.” ‘Bargain Sale of Companies to Lopa’ The assets of the Marcoses, the Romualdezes and their cronies were supposed to have been sequestered by the new Aquino administration, but Kokoy Romualdez’s (Ferdinand Marcos Sr.’s brother in law) 38 companies, which were worth billions of pesos, were not turned over to the Presidential Commission on Good Government. Cory instead during her first months in office, permitted the transfer of these 38 companies to her own brother-in-law, Ricardo “Baby” Lopa. What’s worst, was the fact that all 38 companies were bought back by Lopa during the transfer for the price of only USD 227,000. ‘Philippine Long Distance Company to Nephews’ The same case happened with the ownership of the Philippine Long Distance Company. Instead of sequestering the company for the Philippine government (as it was then controlled by the Marcos cronies), she returned the billion-dollar company to her Cojuangco nephews. She claimed that her nephews were illegally eased out by Mr. Marcos. The truth was that the Marcos cronies, whether their money were ill-gotten or not, paid the Cojuangcos the prevailing market-stock prices during the sale of equity that happened between them at the time when Marcos was still president. ‘Re-negotiation of Marcos’ Japanese Loans’ Cory approved the re-negotiation of the loans that Ferdinand Marcos Jr. obtained from Japan. The administration of Mrs. Aquino agreed that the loans would be paid in Japanese yen, rather than in U.S. currency that former Marcos negotiated. This simple change in currency resulted in a USD 5-billion increase in the loan principal. ‘Refusal to Give Hacienda Luisita to Farmers’ Cory publicly promised in 1986 that Hacienda Luisita will be distributed to the farmers. However, in 1987, she issued Presidential Proclamation 131 and Executive Order No. 229 just days before her legislative powers were going to revert back to Congress, to include a provision in the Land Reform program for a “Stock Distribution Option”, which allows landowners to comply with the Land Reform Law without actually giving land to the farmers. Hacienda Luisita of course took this new option, and thus was not redistributed to the farmers. ‘Double Cross of Doy Laurel’ Cory had promised to Doy Laurel that she would let him run the government as Prime Minister after Marcos was ousted, as Cory had no experience in politics. However, in March 1986 she issued Presidential Proclamation No. 3 declaring a revolutionary government, and dissolving the 1973 Constitution. This nullified Laurel’s position as Prime Minister as the Parliament was abolished. This prompted Laurel to break ties with the Aquino regime later. ‘Protecting Hacienda Luisita’s Interests’ Cory continued to protect Hacienda Luisita, even firing Miriam Defensor Santiago from her post at the Department of Agrarian Reform after she told the press her opinion that Cory should inhibit herself as chair of the Presidential Agrarian Reform Council (PARC), which was tasked to make the final decision on Hacienda Luisita’s application for the “Stock Distribution Option” (see section on ‘Refusal to Give Hacienda Luisita to Farmers’ above). ‘Garchitorena Land Scam’ In 1988, a foreclosed property of the United Coconut Planters Bank (UCPB) was sold to Sharp International Marketing for P3.8 million. Before the sale was closed, Sharp tried to sell the same property to the government for P56 million. The sale was eventually approved by the Department of Agrarian Reform (DAR), but only after the price was inflated further to P65 million. The financier of the scam was Romeo Santos, an associate of Cory’s brother, Peping Cojuangco. He was also Cory’s campaign manager in Bicol.     

  “Not Getting Mad at, But Getting Even With, Tita Cory” by Bobby Reyes, http://www.mabuhayradio.com/sections/philippine-presidency/455-not-getting-mad-at-but-getting-even-with-tita-cory.html - “The Philippines Cory, Coups and Corruption” by John Greenwald, Jay Branegan and Nelly Sindayen, http://www.time.com/time/magazine/article/0,9171,969186,00.html - “Hacienda Luisita’s past haunts Noynoy’s future” by Stephanie Dychiu, http://www.gmanews.tv/story/181877/hacienda-luisitas-past-haunts-noynoys-future - “Cory’s land reform legacy to test Noynoy’s political will” by Stephanie Dychiu, http://www.gmanews.tv/story/182195/corys-land-reform-legacy-to-test-noynoys-political-will - “The Garchitorena land scam” by Stephanie Dychiu, http://www.gmanews.tv/story/182211/the-garchitorena-land-scam ARTICLE OWNED BY: http://rhk111sblogspot.wordpress.com/2010/04/12/scandals-during-the-cory-administration/ -Charles (master admin II) — with Bremstralung Dv and 5 others.
 

ARMIN LUISTRO SUMIPSIP NG ETITS

HOY LUISTRONG ASO! SINISIPSIP MO RAW MGA TITI NG ESTUDYANTE MO!

  BABOY KA! MAHIYA SA ANGKAN MO!

AQUINO DISREGARDS THE EXISTING LAWS AND REGULATIONS;DEPRIVING BENEFITS OF STATE EMPLOYEES

BI officers at NAIA protest lost overtime pay

By Rudy Santos (The Philippine Star) | Updated August 17, 2012 - 12:00am

MANILA, Philippines - Bureau of Immigration (BI) officers assigned to the Ninoy Aquino International Airport (NAIA) wore yellow armbands yesterday to protest the “unlawful” suspension of their overtime pay.

Senior immigration officer Floro Balato Jr. said Finance Secretary Cesar Purisima, in a July 31 memorandum to President Aquino, recommended discontinuing the practice of customs, immigration and quarantine (CIQ) personnel charging airlines for their overtime pay.
On Aug. 3, Transportation and Communications Secretary Manuel Roxas II wrote the Board of Airline Representatives and the Airline Operators Council, advising them to stop paying overtime to CIQ personnel and report any violation of this policy.
“We wear this yellow arm band to call the attention of President Aquino regarding this matter,” Balato said.
He called on the government to shoulder their overtime pay or “outsource” the function.
Balato said their overtime pay is supported by the Philippine Immigration Act and the Tariff and Customs Code, and discontinuing their payment would only benefit airlines.

Nation ( Article MRec ), pagematch: 1, sectionmatch: 1

“Why will government suddenly answer for the airline company’s overtime fees to CIQ, when these are in the nature of their operating expenses for the longest time?” Balato said.

Hayop Talaga itong BABOY na ito

   P 1.3 TRILLION PESOS IN PORK BARREL

CORRUPT NA GAGO. UNDESERVING OF THE RESPECT AND SUPPORT OF THE FILIPINO PEOPLE.

ORAS NA!

IMPEACH AQUINO!

MGA KAMAG-ANAK NA NAMAN!!!

Salceda hails SAN MIGUEL CORPORATION takeover of Albay electric co-op

 (The Philippine Star) | Updated August 19, 2013 - 12:00am

LEGAZPI CITY , Philippines   – Albay Gov. Joey Salceda has hailed the upcoming takeover by San Miguel Corp. (SMC) of the Albay Electric Cooperative (Aleco) that he said  will to solve the unending threats of blackouts in their province. SMC, one of the country’s largest independent power producers, won the bid to manage the beleaguered power coop,.
“Albay would have now SMC as one of its business trophies and send a strong signal to the investment community of the province’s economic potentials,” Salceda stressed.
Albay has recently become country’s fastest growing economy, even with the contant threats of blackouts despite its vast geothermal wealth, due to Aleco’s mounting debts has now reached P4 billion. With a stable electric supply, the province is destined to soar higher, Salceda said.
Energy Secretary Jericho Petilla recently announced SMC’s impending takeover of Aleco, San Miguel will not own ALECO; it will just run the cooperative and “shoulder the debt and pay monthly concession fees.”
The National Grid Corp. recently cut off Aleco’s power supply for failure to pay a month’s bill, plunging the entire province into darkness for 24 hours. Salceda negotiated for a reconnection in behalf of Aleco.  

Salceda said he fully supports SMC’s takeover of Aleco’s management. “Given

Business ( Article MRec ), pagematch: 1, sectionmatch: 1

SMC’s vaunted management expertise and marketing clout, there are huge synergies that can further propel Albay to a higher level of economic stature,” he added.
Salceda noted that SMC Caticlan Airport, the principal gateway to Boracay, under the public-private partnership program, while Albay, a major tourism destination is the site of the Southern Luzon International Airport, which as a  regional hub can make a Caticlan-Legazpi air route viable.
Salceda noted that with SMC around, Albay will have not just stable power supply but also the conglomerate’s strong brands and destination networks that will help enhance Albay as a prime tourist destination coupled.
“Having been in the corporate sector since 1989, I have yet to see an enterprise fail due to mismanagement by the SMC group which has instead distinguished itself for impressive corporate results and corporate social responsibility,” he stressed.
 “I don’t know of distribution utilities managed by top corporations, but compared to Meralco and Smart, SMC has been way ahead of the curve in demonstrating that you can earn more with low prices - the lowest priced gin and the lowest priced beer in the whole world, with Lucio Tan at par or slightly lower,” he added.

SMC wins bid for Albay Electric Coop.

August 18, 2013 8:07 pm

by MANNY T. UGALDE
CORRESPONDENT

LEGAZPI CITY: San Miguel Corp. (SMC) is set to takeover the debt-ridden Albay Electric Cooperative (Aleco) after three other interested buyers withdrew during the August 7 bidding for the said power distributor, Gov. Joey Salceda of Albay said over the weekend.
The governor noted that SMC would shoulder Aleco’s P4-billion debt.
He added that the Aleco bids and awards committee would announce its decision during the cooperative’s general assembly on August 21

MAMAW

HUWAG BOTOHIN.

kelan kaya?

Kelan kaya mababaril itong taong ito?

HOW WE WISH

Tandaan ninyo!

ITO ANG TAONG NAGSASABI KAY PNOY NA BAWASAN ANG DAPAT IBIGAY NA SWELDO SA MGA GOVERNMENT EMPLOYEES INCLUDING TEACHERS, DOH EMPLOYEES, MIAA EMPLOYEES, DOJ WORKERS, SUPREME COURT EMPLOYEES AND JUDGES, DAR EMPLOYEES, QUARANTINE, CUSTOMS, IMMIGRATION AND SOCIAL WORKERS.

TANDAAN NINYO ANG TAONG ITO.

YOU ARE FREE TO KILL HIM AFTER HE STEPS DOWN FROM BEING THE SECRETARY OF BUDGET AND MANAGEMENT.

BONG REVILLANG BOBO AT WALANG ALAM

BHONG POLOMONGGOY REVILA IS A-GOOD- FOR- NOTHING SERVICE OFFICER IN THE SENATE. HE IS A KNOWN SEX PREDATOR IN HIS SHOWBIZ PROFESSION AND ALSO KNOWN TO HAVE NO POPULAR STAND ON VERY IMPORTANT NATIONAL ISSUES SUCH AS THE CHINA INCURSIONS, SABAH CLAIM, DISASTERS, RH BILL AND MANY OTHERS. 

WALA PONG KIBO PARATI ANG TAONG ITO.

PERA-PERA AT SHOWBIZ LANG ALAM NITO.

 EXPERT NGA PALA ITONG TAONG ITO SA MGA SEX VIDEO SCANDALS. 

MAG-ISIP BAGO BUMOTO!

 

NOY AQUINO CHONGGO!

NANINIWALA PA BA KAYO SA CHONGGONG ITO??

MARAMI NG NAKAKAALAM NA ITONG TAONG ITO AY LAHING CHONGGO.

MAS MARAMI NA RING NANINIWALA NA DAPAT IKULONG NA ITONG TAONG ITO SA MANILA ZOO.

MAG-INGAT SA MGA TAONG NASA LOOB NG MALACANANG.

LALO NA SA MGA KABARILAN NILA. 

KUNG DI LANGAW ANG BINABARIL, TUTUBI.

GAGO NA KAYO KUNG AKALA NIYONG MABAIT ANG CHONGGONG ITO.