Archive for 'Politics' Category
NBN-ZTE Scandal: All-out support for PGMA
13 March 2008
Jun Lozada vs the Mob in ABS-CBN’s Harapan
19 February 2008For those who missed last weekend's episode of Harapan, follow this link… the episode's been uploaded into Youtube.
http://www.youtube.com/view_play_list?p=3CC855D305D71BDD
Star Fruit Balimbing Lozada Father Ed Panlilio Edsa etc
17 February 2008
In the Philippines, the Star Fruit that is called Balimbing has gained negative connotation for describing turncoats. Like politicians, a star apple has many faces.
It gives fuel to the old adage, "there are no permanent friends nor enemies in politics".
Based on recent events, look at it two ways:
ZTE Broadband deal scam-kickback accuser Lozada was once a self-admitted player in the industry. For one to get privy on such secret deals with secret benefits, one should be known to play ball, take a piece of the cake, and be quiet and hold the honor among thieves.
American Politics
7 February 2008
What Trillanes Can Teach Me About Trading
6 December 2007I was originally going to title this: “Trillanes Could Almost Be A Trader.” However, that was too passive-voice, even for my taste, and that article a potential bandwidth waster if I wasn’t careful. Better to err on side of concise, especially on a blog.
Meanwhile, with events culminating in the aborted uprising at the Manila Peninsula last November 29, the recent life of Senator Antonio Trillanes IV has some traits that could make a great speculator—had he decided to take up capitalism instead of fascism.
Manila Peninsula Siege Takeover thoughts
29 November 2007Some random thoughts on today's Manila Pen Siege by Trillanes et. al.
- tear gas was used, but sprinkler system was not seen kicking in. or did it?
- Trillanes at beginning of siege: said something to the effect that they will take their stand no matter what
- Trillanes at end of siege: we surrender and are willing to face the consequences. What willing to face are you talking about? You walked out of your coup trial?
- Almost all the unanswered questions they read against the government still needs to be answered, just like in the Oakwood statement read by Trillanes. But what kind of country are we where anyone can just hold buildings and public areas hostage with bombs and arms?
PPPT Philippine Political Plunge Protection Team
29 November 2007The Working Group on Financial Markets, commonly known as the Plunge Protection Team (PPT), created by Ronald Reagan to prevent a repeat of the Wall Street meltdown in October 1987. The PPT is empowered to intervene in stock index futures and the foreign currency markets in the event of a crash.
As established by Executive Order 12631, the Working Group consists of:
- The Secretary of the Treasury, or his designee (as Chairman of the Working Group);
- The Chairman of the Board of Governors of the Federal Reserve System, or his designee;
- The Chairman of the Securities and Exchange Commission, or his designee; and
- The Chairman of the Commodity Futures Trading Commission, or her designee.