Posted tagged ‘al jazeera’

JUDICIAL OVERSIGHT IN DEVELOPMENT PROJECTS & BUSINESS

December 6, 2010

Erle Frayne D. Argonza

A relatively pleasant month it is in Filipinas this month of the year, though it showers intermittently as cold winds up north converge with warm equatorial winds. As the air becomes cooler, let us reflect on a raging issue worldwide concerning the extent of judicial power in economic & business concerns.

Filipinas is mired right now in questions about the said powers of our magistracy (Supreme Court) in regard to interventions in franchises and business operations. The executive (presidency) is particularly getting peeved at the seemingly Draconian powers the magistracy has been exhibiting, powers that could obstruct presidential initiatives in pushing through the new investments in big ticket projects.

There is now a perception peddled by the president’s spin doctors that the magistracy is turning into an obstructionist. Recognizing that the Supreme Court is no perfect institution, as the Justices’ decisions on business and project concerns could be tainted with corruption, to declare that it is obstructionist (i.e. it makes decisions for the sake of demonstrating its powers over the presidency) demands deeper reflections and deconstruction.

Presidential prerogatives could turn into bad curves every now and then, as they are used to favor certain market players over and above the Law. This is where our reflections should begin. The presidency (executive institutions) in the Philippines is particularly very corrupt and inept, and favors certain market players at the expense of fairness and constitutional regulations.

The abuses of presidential prerogatives on business franchises during the time of President Ramos, among others, have seen onerous franchises and contracts executed. The energy sector in particular became infested with greedy power producers who were favored over other players, palpable acts of felony that should have incarcerated the president himself.

But that’s not all. There were the Malaysian investors known for notoriety, who cornered whatever state companies and business concerns there were available in the 1990s for their portfolio investments to gobble up. The National Steel Corporation landed in the hands of the Hottick Group that never introduced any internal development in the company but which, in fact, closed the company up and sold it at five (5) times its purchase price much later (with state intervention in the transaction) to the Indian group Global Steel.

So many big ticket projects during Ramos’ incumbency were akin to the National Steel fiasco, while others were mired in corruption in the granting of the franchises. Ramos himself became a very wealthy man after he left office, yet he remains free amid the questionable presidential prerogatives his Office exercised then.

It is within the context of abusive presidential prerogatives that one should comprehend the exercise of judicial oversight with high-level intervention. The judiciary is a last bastion of fairness and rationality in project contracts and business franchises in a country with weak governance institutions, and so it flexed its muscles as provided for any way by the national charter as the Philippine case exemplifies.

No matter how well meaning the executive department may be, it has no monopoly of powers and wisdom to decide prudently about projects and franchises. President Aquino’s coterie of aides is pregnant with greedy and corrupt elements that include those who served as cabinet members in previous regimes. So why should the public leave everything to the presidency, when the presidential office is a classic nest of graft?

When the judiciary commits flaws that must be addressed, then they can be cited by a vigilant civil society and be addressed properly. One case in point is the issue of plagiarism hurled against a Justice by the professors of the University of the Philippines College of Law, with the concomitant demand for resignation by the plagiarist concerned.

While the magistracy continues to strengthen its own internal weaknesses, it must just the same exercise its oversight powers concerning developmental projects and business franchises. It will prove catastrophic if the incompetent presidential aides will hatch an operational modus aimed at destroying constitutional powers of judicial oversight, as such will become a new monstrosity that will lead to new rounds of corrupt acts by state and business mafias.

[Philippines, 04 December 2010]

[See: IKONOKLAST: http://erleargonza.blogspot.com,

UNLADTAU: https://unladtau.wordpress.com,

COSMICBUHAY: http://cosmicbuhay.blogspot.com,

BRIGHTWORLD: http://erlefraynebrightworld.wordpress.com, ARTBLOG: http://erleargonza.wordpress.com,

ARGONZAPOEM: http://argonzapoem.blogspot.com]

 

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U.S. GOVERNANCE FRAGMENTS, OBAMA’S RATIONALITY DWINDLES

December 1, 2010

Erle Frayne D. Argonza

Good day to all ye global citizens! Magandang araw sa mga kapamilyang global!

The Republicans have recently slam dunked the Democrats in the House electoral contest. This update event has put a closure to Democrat dominance in US governance, an event that will highlight brinkmanship of a dangerously destructive path.

News have been disseminated worldwide that Obama fired his highly trusted economic aides. With no team to recline on in the White House, Obama is compelled by the situation to rely more and more on the likes of Gates of the defense community, Clinton for foreign policy, and other powerful figures inside the cabinet and senate other than the economic aides.

The people whom he relies upon at this time represent distinct voices of diverse ideological persuasions. The defense Establishment is very strongly neo-conservative (read: fascist), the diplomatic community is Wilsonian liberal (center to Left), and the Senate Democrats are liberal obscurantists.

The nationalists, or those articulators of regulation and protection of American economic interests in domestic and foreign policies, have been marginalized all of a sudden. Perhaps their advocacies will be taken over by the more Rightwing Republicans in congress and the bureaucracy, Republicans whose protectionist mindsets translate to protectionism for Big Business and the oligarchy.

Obama’s feat has been to curb the ceaseless economic downspin via the stimulus program. However, unemployment and poverty incidence continue to rise, indicating the flaws in social policies. Health care and war commitments continue to generate rabid detraction.

The question we’re raising this time is: how far governable is the government of the United States? The potency of governance institutions is being weakened by the year, and the direction of that weakening is towards a fragmentation of governance altogether.

I do recall having endorsed Obama’s candidacy to Filipino-Americans and their compatriots there. The reason was that being unencumbered to oligarchic interests, Obama can make a change in policy directions both domestically and internationally. A re-institution of New Deal policies, hopefully, can be effected by his regime, an audacious act that can be emulated by the other countries.

I expected that the Obama regime will re-carve U.S. policy environment towards re-structuring the economy, reviving the physical economy, and quashing predatory finance. Alas! Signs are aplenty that the feats didn’t go that far as expected!

Now the Republicans are back in the legislature and local governments, and so observers better anticipate brinkmanship jettisoning to higher altitudes. The result would prove catastrophic to America altogether, as the exacerbation of lowly governable state surfaces.

A similar fragmentation is now happening among European states and Japan, a development that could prove to be frightening. The situation will also be enormously puzzling to political scientists and sociologists who are deeply mired in ‘re-inventing governance’ paradigm line, a paradigm that is replete with flaws and imprudent peddler of the illusion of ‘end of ideology’.  

Political scientists and sociologists hold a similar contention that America’s civil society had badly fragmented. Such a lamentable situation has eroded the ‘social capital’ of citizens and folks, thus disabling their capacity for leveraging the state and market for greater social goods and services.

With state institutions and governance further weakened and an economy that has deteriorated across the decades, a weak civic life for Americans means they have to anticipate the worst yet to come in their access to social, economic, and public goods.

Obama’s very own sanity or psychological health could be deteriorating now, a fact that will undermine his own capacity to grasp grassroots reality and facts-of-life. Such a deterioration of psychic ‘wealth’ is the least that Americans expect nor dream of, and bodes a dark age for the Saxon power up north.

[Philippines, 29 November 2010]

[See: IKONOKLAST: http://erleargonza.blogspot.com,

UNLADTAU: https://unladtau.wordpress.com,

COSMICBUHAY: http://cosmicbuhay.blogspot.com,

BRIGHTWORLD: http://erlefraynebrightworld.wordpress.com, ARTBLOG: http://erleargonza.wordpress.com,

ARGONZAPOEM: http://argonzapoem.blogspot.com]

ASEAN’S THORN IN THROAT: BRITISH & AMERICAN IMPERIALISTS’ DIRTY ENGAGEMENTS

November 14, 2010

Erle Frayne D. Argonza

It definitely feels great to see my country and region booming economically at this time, boom marked by strengthening currencies, bourses, and investment environments. However, the climb of ASEAN to economic prosperity is being hampered by the rouge manipulations of the Saxon Empire—British imperialism and U.S. hegemonism combined.

Western empires are on the decline now, and will continue to fragment in the years to come. However, the greedy oligarchs of the said empires, notably the Saxons’, will always have dirty things to hatch and manipulate client-states, relentless acts that can ensure the gravitation of the latter towards the power orbits of the former.

Take the case of the USA. Already declining as an economic power, it still nurtures the mad agenda of a future war versus China and Russia, and is so desperate to control the necks of Indonesia and the Philippines as its obedient client-states. Obama may be the civil libertarian that he was as a young man, but those days are over, and he is performing the presidential role of his imperialist Saxon nation.

As of the 1990s yet, the USA was already in the heat of nurturing client-states in the ASEAN, with the agenda of isolating China in the long-run. Signing of ACSA (acquisition & cross-servicing agreements) were done in flurries of diplomatic talks (read: subtle bullying) that resulted to the likes of Indonesia and the Philippines being hooked up anew to the USA’s militaristic pursuits (the Philippines already abrogated the Military Bases Agreement that decade, only to sign an ACSA treaty later!).

Meantime, the British Empire, led by Queen Elizabeth herself in behalf of the Anglo-Dutch oligarchy’s interest, had long held the necks of the Sultan of Brunei, Lee Kwan Yew & leaders of Singapore, and King Bhimibol & bureaucratic puppets of Thailand. Inside Myanmar there’s the puppet Aung San Suu Kyi, while in Malaysia there’s Anwar Ibrahim.

Now, knowing the links of Aung San and Ibrahim to the British oligarchy, you should not wonder why the Mahathir leadership of Malaysia jailed Ibrahim while Myanmar’s generals continue to house-arrest Aung San Suu Kyi. The media moguls of both the West, who are in league with Queen Elizabeth and the American elites, have done every demonizing they can versus Mahathir and Myanmar’s generals, but have told nary an expose about the connection of Ibrahim and Aung San Suu Kyi to the Anglo-American-Dutch oligarchy.

The greed of the British & American oligarchs is very insatiable, they already had a taste of such greed by attacking the currencies of East Asia in mid-1997. That dirty operations, to recall, was executed by George Soros and the Quantum group’s 99 or so financiers, a dirty act that began with the attack on the Baht and expanded like wild fire to take on the ringgit, peso, and other currencies of the region.

Almost overnight, the developmental gains that took the East Asians many decades to build were wiped out! In just a couple of weeks or so, around $1.5 Trillion were taken home by the Soros & greedy financiers, while more were taken out as ‘hot money’ investments in the ASEAN were rapidly withdrawn by the same circle of financiers.

ASEAN is to a great extent being consumed by the clientelism or imperialism of the British and Americans, a reality that contributes to both political and economic instabilities in the region. For as long as the member states of ASEAN will play fiddle with Saxon imperialism, the region will take time to arise as an autonomous economic and political power on the global front.

In some other writings of mine, I already delved into the drug traders in the region, a coterie of operators who are directly tied up to British financier interests. British drug traders are in a modus Vivendi with the Chinese mafia circles, a balance of trade that shouldn’t be offset so suddenly. This trade balance ensures unhampered British dirty drug operations in the ASEAN that is a portion of its drug operations in the entire Asia from East to West of the continent.

The same drug operators were identified by economic intelligence teams as having direct tie ups or representatives of the Inter-Alpha group of companies, a group that practically controls banking & finance in Europe and America. (See reports of the Executive Intelligence Review, The Guardian, and related news for the matter.)

In some other articles, I already articulated the British & Americans’ creation of jihad groups across the region and Asia. So much studies were already done on the matter, so many exposes of the link between Al Qaida and the British Intelligence & CIA already published by other observers. With jihad terrorists roaming the region, America thus has the rationale to stretch its muscles to intervene militarily in affected countries, thus reinforcing intelligence gathering by Americans at grassroots levels in ASEAN.

Empires are definitely tough to crack and knock out. Hence, ASEAN’s encounters of many thorns in the neck from the generic Saxon empire will ensue for some more time before it will be able to establish its secure autonomy.

[Philippines, 14 November 2010]

 

[See: IKONOKLAST: http://erleargonza.blogspot.com,

UNLADTAU: https://unladtau.wordpress.com,

COSMICBUHAY: http://cosmicbuhay.blogspot.com,

BRIGHTWORLD: http://erlefraynebrightworld.wordpress.com, ARTBLOG: http://erleargonza.wordpress.com,

ARGONZAPOEM: http://argonzapoem.blogspot.com]

ASEAN AEROSPACE PROGRAM

November 10, 2010

Erle Frayne D. Argonza

 

Magandang araw! Good day, most especially to fellow Southeast Asians!

For this piece I’m going to focus on the theme of an ASEAN-wide rocket industry-based aerospace program. ASEAN is about to integrate economically by 2015, so may the member states put in the list of agenda for action the launching of a regional aerospace program.

As the region’s member countries grow at immense rates, the middle class of the region will likewise grow that will serve as its sustaining consumption base. A large middle class will mean a higher demand for telecommunications infrastructures that will, in the main, depend on satellite and related facilities.

So, instead of each member country trying to outdo each other by launching their respective rocket industry-based aerospace programs, the countries better sit down together within the aegis of an ASEAN economic union, concur a binding agreement regarding the launching of an ASEAN aerospace program, and fund the entire program internally from ASEAN resources.

With an ASEAN central bank in place by 2015, it wouldn’t be so difficult to generate funds internally for all sorts of grand projects from infrastructures to aerospace. An ASEAN development bank would then be securitized by the central bank and allocate funds for the aerospace program.

Malaysia today is in the stage of research & development for a rocket industry and has begun training & development for its technical experts. It may be prudent for the ASEAN to assign to Malaysia a lead role in orchestrating the ASEAN aerospace, with the quid pro quo of compensating Malaysia for lending its expertise and certain aspects of the backward linkages for the future industry.

The aerospace program would largely be used to launch satellites and only secondarily for space research & development. The space R & D can come later, maybe at a time when the ASEAN will be prepared for political unification in the long run.

With a satellite industry in place, the ASEAN can then compete with other market stakeholders (countries & regions with satellite industry) to supply and launch the satellites of other developing countries. Project costs can be cut down at the satellite production phase, thus bringing down prices of ready-to-launch satellites and ensuring patronage by many developing countries.

All of the essential components—at the backward linkages—of satellite production are now present as running industries in the region. From metallurgy to computer software & hardware, name it and the region has it. Hence the viability of satellite industry is very high enough.

It is in the domain of rockets that the ASEAN would need to co-partner with other countries at the production phase. It can be an option for ASEAN to co-partner with Russia that can supply the rockets that will launch ASEAN’s satellites. China and India are other options also for supplying the rockets.

However, in the long run the economic union should work out to establish a strong rocket industry for itself. The rocket industry can spin off into a more comprehensive program later, one that can be extended to launching R & D in other planets and their respective moons, space tourism, and sending missions beyond the solar system.

Rocket technology can also be modified so as to integrate it into the mining industry, so that in the long term ASEAN can mine for metals in other celestial bodies. Environmental standards are getting to be stricter by the year, standards that can constrain the extraction of rare & precious metals regionally, so the alternative in such a context would be to mine for the metals in other celestial bodies.

The aerospace program is one developmental area that will prove the potency of a regional approach to launching it contrasted to country-initiated approach. Given the gargantuan level of funding that a rocket industry cum satellite industry will entail, funding that a member country will be hard put to supply, then regionalize the program altogether to circumvent country constraints.

[Philippines, 07 November 2010]

[See: IKONOKLAST: http://erleargonza.blogspot.com,

UNLADTAU: https://unladtau.wordpress.com,

COSMICBUHAY: http://cosmicbuhay.blogspot.com,

BRIGHTWORLD: http://erlefraynebrightworld.wordpress.com, ARTBLOG: http://erleargonza.wordpress.com,

ARGONZAPOEM: http://argonzapoem.blogspot.com]

$100B MEKONG INTEGRATED PROJECT TO BOOST ASEAN POTENCY

November 8, 2010

Erle Frayne Argonza y Delago

Magandang araw! Good day!

Around two (2) years ago, I articulated in one article the gigantic project that will rise in the Mekong River very soon. I was at that time already very supportive of the project, a support that I will re-echo at this moment.

For those unfamiliar with the project, a plan was hatched at the middle part of the decade for an integrated project along the Mekong River. Since the river begins upstream at the China side, China logically has to be involved in it. Finally, with blueprints for implementation on the go around 2007 yet, China committed to fund the projected cost of $100 Billion.

So huge a project, it will have couples of components into it. Power generation, irrigation, flood control, transportation, and tourism comprise the core sector components. A project of that size is four (4) times bigger than China’s own 3-Gorges Dam (it cost $23 at 2000 price index) and could be the largest that the world will ever have experienced once fully accomplished.

Benefiting approximately 300 million beneficiaries along its courses, the project is bound to spur development and generate incomes many folds larger than its total investments. If we use the econometric index of annual income yield that is 10X, then we can expect an annual income yield of $1 Trillion from out of the upstream and downstream industries induced by the project.

Since China is involved in it right now (as implementation is going on), then we expect China to receive the ROI (return on investments) in the widest expanse of benefits possible. That means, once fully operational, China will infuse more investments in the region to fully benefit from the project alone. The ROI will then be much greater than the original $100 accruing to China alone on an annual basis.

We can therefore hope for an excellent win/win situation for China and the ASEAN countries involved (Vietnam is the lead country executor). In the long run, we should hope that the same project would accrue to the growth & development of the entire ASEAN region that is bound to institute an economic union by 2015.

A win/win formula for the ASEAN itself is for it to use the Mekong project as exemplar to design and implement similar projects in other member countries, particularly in island southeast Asia. A particular office can be created in the ASEAN secretariat to oversee and help similar projects that can spin off in other parts of the region.

Since an ASEAN central bank is due for institution by 2015, let us expect that monetary instruments for financial packages can be had for gigantic infrastructure projects of the magnitude of the Mekong project. Probably an ASEAN Development Bank can also rise alongside the central bank, thus reinforcing the potency for launching gigantic projects that will be financed internally by the region itself.

If ever the ASEAN will wish to tap other countries for co-financing of the projects, it should be the emerging markets as top priority such as China, India, and Brazil, countries that will be more sympathetic to regional development. The option will help us veer away from the mal-intents of Northern banks that tied up developing countries in debt peonage and won at the expense of the developing countries.

As a matter of goodwill, ASEAN should better enter into the picture and look at other facets of the project that the future union can fund. The expansion phases of the Mekong project, for instance, can be taken over by the ASEAN itself, thus lessening dependence from external funders.

There are always pains to any large project, these being part of the costs of any undertaking. Nonetheless, the Mekong project should be supported and must go on until full completion. This will render it as an exemplar just right in time for the creation of the ASEAN economic union by 2015.

[Philippines, 05 November 2010]

[See: IKONOKLAST: http://erleargonza.blogspot.com,

UNLADTAU: https://unladtau.wordpress.com,

COSMICBUHAY: http://cosmicbuhay.blogspot.com,

BRIGHTWORLD: http://erlefraynebrightworld.wordpress.com, ARTBLOG: http://erleargonza.wordpress.com,

ARGONZAPOEM: http://argonzapoem.blogspot.com]

ASEAN TRADE LIBERALIZATION, PREPS FOR 2015 UNION

November 5, 2010

Erle Frayne Argonza y Delago

 

Will the ASEAN ever achieve economic integration that its member states have long dreamed of? Being an advocate of ASEAN unification, let me once more share thoughts about my humble region.

Binding rules of tariff reforms are now in the offing for implementation this year across the region, a proof that the unification efforts are going on despite internal barriers. The original ASEAN 5 –Philippines, Indonesia, Malaysia, Singapore, Thailand—are the most prepared for execution of the rules, while Brunei can test-case them as it has the resources to cushion off negative repercussions if ever.

Agreed, the continental countries that are catching up in their development—Vietnam, Cambodia, Myanmar, Laos—need some breather space of five (5) more years to be considered as executors of the same rules. They can catch up, rest assured, so collective trust should permit their self-confidence to propel themselves to high growth.

Economic integration can induce enormous growth and fast-track development in the region altogether. Pushing through with the integration would yield a result that no more member country would be poor by as early as 2020. In other worlds, every country would move on to middle income country status, fast-tracked in its growth momentum by the economic union.

Integration would go beyond tariff reforms, for a reminder. An economic union would need central institutions to note: (a) central bank, (b) regional currency, and (c) related regulatory institutions. Governance institutions, such as a regional parliament and executive council, can undergo deeper study and preparatory formation right after 2015 (political union will take a longer time to traverse).

As to a regional currency, do note that Asian countries have already agreed on a resolution to create an Asian Monetary Fund and an Asian currency. The former speaker of the Philippines’ House of Representatives, Speaker De Venecia, was a prime mover in getting the Asian states to agree on the matter. With him out of power now in the legislature, some other key personalities in Asia should take on the cudgels for implementing the resolutions.

There are surely kinks to be resolved in matters pertaining to economic sector priorities. ASEAN countries tend to compete with one another in certain manufactures and services, so the resolutions could yield an elimination of competition and/or concurring cooperation among the competitors concerned.

ASEAN integration is coming at a time of an evolving paradigm of mixed land use. This paradigm, on a macro-level, could justify well the existence of all key manufacturing and services in a member country, thus undercutting complaints about competition across borders.

Population-wise, the ASEAN will be 700 million head-strong before 2015, which renders the region as a gigantic one. Imagine if just half of the population will be middle income in status, the class that can sustain consumer spending across time. That would be a 350-million head count serving as the economic powerhouse at the household level!

In terms of aggregated Gross National Product or GNP, the figure is nearing $3 Trillions for the region. The prospect of the ASEAN overtaking Japan is no longer remote, a possibility that can happen before 2020. Such a possibility, however, can best happen should economic integration take place as scheduled, an eventuality that will render more focused managing of economic policies and governance reforms that will fast-track growth & development.

Meantime, we can only wish for now that the trade reforms will push through, thus resulting to a semi-integrated economy. The semi-integration will produce pronto a context of ‘import-substitution’ on a regional scale, which I think is a long-overdue goal in the region.

From hereon, ASEAN has only over four (4) years to resolve the last kinks, study the integration directions inclusive of institutional designs. It will be 2011 in just two months’ time, with we hope will be another auspicious year for the humble region and its noblesse diplomats, experts, and leaders.

[Philippines, 03 November 2010]

[See: IKONOKLAST: http://erleargonza.blogspot.com,

UNLADTAU: https://unladtau.wordpress.com,

COSMICBUHAY: http://cosmicbuhay.blogspot.com,

BRIGHTWORLD: http://erlefraynebrightworld.wordpress.com, ARTBLOG: http://erleargonza.wordpress.com,

ARGONZAPOEM: http://argonzapoem.blogspot.com]

MONTH-ENDER: OCTOBER FEST TO OCTOBER STORMS

October 31, 2010

Erle Frayne D. Argonza

October 2010

Good day to you all!

For this month, which was captured by the celebratory mood of the German Octoberfest, the world went through both tumultuous and celebratory moods.

I began this month with a publication of an article on “Fitness Program & Capacity-Building.” Being athletically and fitness-inclined, I began reflections with fitness & wellness as a way of reminding people about the supreme import of de-toxifying the body through a regular fitness program.

This analyst actually got sick by late September, an ailment that over-flowed till early October. I often get sick of severe allergic rhinitis, with the severity moving to acquiring inflammations with fevers.

So starting the month with physical wellness was also a way to remind myself to get back to the fitness game pronto, and go back to the gym as early as possible. By October the 5th I was back on the gym, back on a 4-day gym regimen, and back to long walks in the alleyways and nature sites of my work home south of Manila.

To reverb the times, storms hit the planet as usual, with Indonesia going through another flood episode. Indonesia seems to have solved its forest haze that was an issue sometime back, so we say our own kudos to the environmental precautions implementors in Jakarka and the ASEAN. Finally, there was the powerful 260 KPH typhoon that struck Luzon island of the Philippines.

The anti-terror campaign up North had found renewed vigor after the USA’s own celeb of the 9/11 event. This prompted me to write about concealed truths regarding the terrorist-makers of the USA and Europe, truth that trace such terror-makers right inside the Establishment of the two continents.

Meanwhile, we all watch as the North’s economies continue to flounder, with a 2nd recessionary dip threatening America altogether. Europe continues to wallow in the Jurassic flaks of the financiers (IMF-led) to institute austerity measures in the form of wage cut-backs, social services budgetary cuts, health benefits cuts, and so on.

Asia continued to kept the world in awe though, which is the positive side to the month. Asia’s stock markets continue to move up, defying patterns set in old fogey New York stock exchange (Dow Jones, Nasdaq). Asia’s growth patterns continue at sustained paces, with China on the lead, thus sustaining the global growth amid the downturns of the North.

In my own country, the patterns of growth have so far indicated the positive side. G.I.R. was at all time-high of $49.6 Billion (9-10 months imports), Balance of Payments or BOP stood at past $3B, exports & imports are back to high-growth times, unemployment remains checked at past 8%, and it was identified as the top investment area for Europeans to go to (per British financiers’ assessment).

The only black mark in RP’s growth pattern is the inability to meet the UN MDG target of cutting poverty by half by 2015 (poverty remains at 33% or more of the labor force). Aside from that, there’s the corruption low standing of the country in international yardsticks, something that chief exec Aquino should address very positively.

For the spirit of Octoberfest, Brazilian samba, and Asian world music, let’s celebrate our own growing sense of global brotherhood, peace and cooperation.

[See: IKONOKLAST: http://erleargonza.blogspot.com,

UNLADTAU: https://unladtau.wordpress.com,

COSMICBUHAY: http://cosmicbuhay.blogspot.com,

BRIGHTWORLD: http://erlefraynebrightworld.wordpress.com, ARTBLOG: http://erleargonza.wordpress.com,

ARGONZAPOEM: http://argonzapoem.blogspot.com]