Correcting the history - former top underground movement leaders setting records straight

It is more fun criticizing

Former top guys of the 50 year old underground movement are coming out to correct history and/or rectify their mistakes.  With the death of its former chairman various former leaders are coming out in SMNI broadcast exposing whos who in the movement and clarifies certain events

1.   Bishop Nilo Tayag former head of Kabataang Makabayan:

      1.  The main thrust of communist movement is atheism

      2.  The diversion, the lie is democratic front:     human rights, independent foreign policy

           This deceit is swallowed by intellectuals and even the religious

      3.  He managed to set up cells while incarcerated.  

2.  Eric Mutuc:

     1.  The movement was responsible for Plaza Miranda bombing.  The event galvanized more

           recruitment and was the turning point in the history of the movement.    It made people

           hate Marcos more

    2.  The figure hailed as a hero and featured in currency and name of the airport can not be considered

          a hero because he supported the communist.  Hacienda Luisita did not have a good record in 

          handling of peasants

   3.  Herminio Espiritu is head of a communist front in North America, one of the 7 globally.   Sonny

        Trillianes did not recognize him 

       Such fronts have been responsible for degrading and giving bad pr to the country and its top

       leaders despite being 39 in the top GDP performer in the whole world

Perhaps the death of JMS and these moves finally bring peace and prosperity to the country

Politically motivated ?

It is more fun criticizing

Politiko gunned down

We have a business partner who just ran for councilor but was gunned down days before the election.  It was a traumatic experience for him and the family.   He is  alive but pays for a bevy of security numbering

12 in all

It was insane to be gunned down near your home and witnessed by your wife and children.  And there could be not valid reason for the hit since he was a kind hearted barangay chairman for several years.

And all he could tell me as is in an island province is that it is politically motivated.  His opponents do not want him alive, because as he is coming out to be the strongest councilor, he could be very well be the next VM or Mayor.  

How brutal and insane could politics be even in small distant towns in the province.

Write down of $17 Billion ATI bonds anger holders, may trigger backlash to Swiss banking

It is more fun criticizing

From Reuters - FINMA (swiss regulators) orders write down of ATI bonds

The Swiss authorities ordered the  write down of $17 billion of ATI bonds in the wake of the  UBS Credit Suisse merger    This has angered many bondholders, many of whom are institutional investors   It was reported that the CSB stockholders would get $3 billion

In the liquidation process, the  most junior of the stakeholders are the stockholders   Something could be wrong here.