Day: March 4, 2011

By LUIS V. TEODORO Vantage Point | BusinessWorld “Behind every great fortune,” said the French novelist Honore de Balzac, “is a great crime.” The Marcoses most certainly have a great fortune, estimated at somewhere between US$30 billion and $50 billion — much of it acquired, despite claims otherwise, during the martial law years from 1972…

The “war on terror” policy pursued by the past Macapagal-Arroyo administration should be declared as good as dead and should be abandoned by the incumbent President. That policy was based hook, line, and sinker on former U.S. President George W. Bush, Jr.’s neo-conservative theory linking Iraq to the 9/11 bombings. Now, an Iraqi defector who was the primary source of so-called intelligence reports that were used to make a case for Bush’s Operation Iraqi Freedom has confessed that he made the whole story up. (By Center for People Empowerment in Governance / bulatlat.com)