By BENJIE OLIVEROS Bulatlat.com In 2008, when the economic crisis hit the US, newly elected President Barack Obama unveiled a stimulus package that bailed out the erstwhile “too big to fall” financial investment houses and banks. This went on for years with the US government implementing two rounds of quantitative easing measures. But these have…
Day: August 4, 2011
Satur C. Ocampo | Looking for answers
By Satur C. Ocampo At Ground Level | The Philippine Star “Where’s the vision?” “Where’s the road map?” These have been the common reactions to P-Noy’s second state of the nation address last Monday. The tones have ranged from disappointment on the part of those supportive of his government, to skepticism and cynicism on the…
Luis V. Teodoro | Understanding
By LUIS V. TEODORO Vantage Point | BusinessWorld NOT all of them bought Pajeros, a sport utility vehicle ( SUV) manufactured by Japan’s Mitsubishi Motors; some bought even more expensive SUVs and pick-up trucks, and others cheaper Asian utility vehicles (AUVs) with funds from the Philippine Charity Sweepstakes Office (PCSO). Erroneously tagged by the media…
Carol Pagaduan-Araullo | Broken peace
By Carol Pagaduan-Araullo Streetwise | BusinessWorld I have only been to Norway twice — the first time in 2001 when peace negotiations between the GRP (now GPH) and the NDFP were resumed after they were terminated in 1999. The second time was last February, again when formal peace talks were resumed after the Arroyo regime…
Cordillera group slams DENR move to call on mining forms to renew mining applications
By Alma B. Sinumlag Northern Dispatch BAGUIO CITY – The Cordillera People’s Alliance is preparing to de battle againt more mining applications, among them a Financial and Technical Assistance Agreement (FTAA) by Lepanto Consolidated Mining Company (LCMC). The Department of Environment and Natural Resources (DENR) recently issued its Memorandum Order 2011-01 to clean out all…
Church people support call for substantial wage hike
By MARYA SALAMAT Bulatlat.com MANILA – Since the labor department admitted early this year, in the face of a growing call for a substantial wage hike, that indeed there were supervening events warranting wage hikes, less than half (or eight out of 17) of the country’s regional wage boards have issued new wage orders. It…
Kabataan representative questions budget for telegrams
By INA ALLECO R. SILVERIO Bulatlat.com MANILA – The Aquino administration seems to be stuck in the Stone Age. Or at least it hasn’t caught the internet wave yet. Kabataan Party-list Rep. Raymond Palatino expressed skepticism over President Benigno Aquino III’s declaration that he was all for “internet for all Filipinos” and for “e-governance.” Palatino…
Church people, workers to hold national conference to advance labor rights
By MARYA SALAMAT Bulatlat.com MANILA — Church leaders and workers nationwide are preparing to gather in a national conference set for the middle of next month in Cebu City. This, they said in a statement, is also in celebration of the 30th anniversary of Blessed John Paul II’s encyclical Laborem Exercens (on Human Work) which…
2012 budget is anti-farmer, for counterinsurgency – farmers’ group
By INA ALLECO R. SILVERIO
“The DAR is mandated to implement land reform, but now under this Pamana program, it is being tasked to be yet another agency carrying out counter-insurgency campaigns. Yet again we insist that farmers in the provinces want land, not bullets.” –Kilusang Magbubukid ng Pilipinas
MILF asks Aquino gov’t to suspend oil exploration contracts
By MARYA SALAMAT Bulatlat.com MANILA – The Moro Islamic Liberation Front (MILF), which has an ongoing ceasefire and peace negotiations with the Philippine government, asked the Aquino administration to freeze the planned exploitation by private foreign and local companies of natural resources such as oil and gas in Bangsamoro homeland. The MILF central committee decided…
Palparan’s bodyguard linked to abduction of UP students
By RONALYN V. OLEA
One of the alleged but still unnamed perpetrators had the gall and temerity to go to the hearing and display himself, intimidating and eyeing Ramos all throughout the hearing. He was openly thumbing his nose, as it were, at the whole justice system.” – Edre Olalia, lawyer