If the Aquino government is willing to incur more debts to guarantee the profits of whoever will win the LRT1 project, why can’t it incur those debts for investing instead in LRT’s expansion?
Tags: Privatization
Huge businesses join pre-bidding for LRT-1 amid people’s opposition to planned sale
By MARYA SALAMAT
The RILES Network said Aquino actually has choices for solving the LRT-1 problems, without resorting to privatization.
Women’s group decries Aquino’s ‘soured promises’
By JANESS ANN J. ELLAO
“For several months now, local movements all over the Philippines have been picketing local offices of the Department of Health to protest the Aquino administration’s drive to either sell off or corporatize 26 public hospitals.” – Gabriela
Aquino urged to stop privatization of water sector
“While countries abroad are reversing their privatization schemes, we are selling these services at a bargain despite its inimical costs to our people.” By JANESS ANN J. ELLAO Bulatlat.com MANILA – For six months now, an urban poor community in Navotas has finally gotten access to potable water. But at a steep price. Lina Gentulizon,…
Group slams Aquino’s privatization drive
By INA ALLECO R. SILVERIO Bulatlat.com MANILA — Greed for profit, not goals of efficiency. Groups under the banner of the Stop Privatization Alliance and the Confederation for the Unity, Recognition, and Advancement of Government Employees (COURAGE) held a protest last July 18 at the foot of Mendiola bridge to denounce what they said was…
Mothers decry electric rates hike
By JANESS ANN J. ELLAO
“We directly pin the blame on Aquino’s relentless drive to retool all services under the Public Private Partnership, which is really just privatization.” – Gabriela
Campaign against privatization of public hospitals intensifies
By INA ALLECO R. SILVERIO
Bayan Muna Rep. Teddy Casiño urges his fellow lawmakers to withdraw support from privatization of public hospitals.
Business as government: Capitalizing on disaster in post-earthquake Haiti
By DEEPA PANCHANG and BEVERLY BELL Commondreams.org “I am optimistic that in 18 months, yes, we will be autonomous in our decisions. But right now I have to assume… that we are not.” With these words, Haiti’s Prime Minister Jean-Max Bellerive watched a swath of his government’s decision-making power shift into foreign hands in early…
Salungguhit: So who’s the boss?
After postponing the planned increases in LRT and MRT fares because of the widespread protest over this, the Aquino government is now hell-bent on pushing through with it. Why? Because of pressure from private investors. By Flon Faurillo (Bulatlat.com)
Stranglehold of the Right
By BENJIE OLIVEROS Bulatlat.com The world economic crisis has not yet abated and there is still no recovery in sight even after three years. The governments of the advanced capitalist countries had already spent trillions of dollars in bail out programs, and these have resulted in the sovereign debt crisis, but still, nothing has happened.…
PPP: More Public Debt, Less Government Responsibility
By IBON FEATURES
Experiences show PPPs did not guarantee savings for the government but even bloated the public debt. It can only get worse under the Aquino government’s new schemes for more of PPPs.