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Showing posts with label billionaires. Show all posts
Showing posts with label billionaires. Show all posts

Saturday, August 23, 2025

15 contractors cornered P100 billion of flood control projects?

It is more fun criticizing15 

There are surveys and conversation going around:   if you want to be super rich, a millionaire or billionaire, what would your career be?  It is no longer  being a superb businessmen with lots of self improvement and sacrifice.  A group says be a contractor;   another said  DP.. contractor, and others said be a ....man.  What silly and bad answers.  A loss of sense of morality and right.

1.  Surely there was a lack of oversight.  The auditors and the Secy of the Dept was sleeping (or worse in cahoots)

2.  That this went on for sometime means, it has blessing of higher ups (and therefore participates in the sharing.  Napoles we think was taught if not just encouraged to carry out the PDAF loophole to to her thing.

3.  That the head pretends not to know this, feigning surprise is surprising.   

4.  The conversation gives bad example to the young:   that it is ok to steal big time in the country, that the big time plunderers, pillagers will not get caught;  That thieves were suits and barong Tagalog.

They say, that in leadership, the HEADS LEAD THE TAILS.  What kind of heads do we have.  Shall we cut the head to stop these crooks

Thank you for the people who are exposing this and demanding accountability.  The guilty ones should be censured and legally made accountable




Wednesday, September 11, 2024

Are the new wealthy ones doing ML?

It is more fun criticizing

There are many young ones proudly trumpeting their rise to being billionaires.  (They should be wary of that because BIR examiners watch soc media publications for their prey)

Knowing how difficult it is just to afloat these days in business, one suspects that these janes come lately might be doing ML    We are wondering?

Wednesday, December 11, 2019

Going slow on big businesses - let us have statesmen and gentlemen running our country

It is more fun criticizing

Rizal Philippines
December 11, 2019

PD30 wants dialogue with water company


Image result for Duterte spat with Ayala and Pangilinan
                                            Paano mo iboycott ang telco at expressway at 2big?

Image result for Duterte spat with Ayala and Pangilinan
                                                  Grabe naman ang wish na ito.  


It is is still a democratic govt.  The revolutionary govt, thanks God is not yet in place.  (I understand a former colleague is the mastermind of this.  Bah)

This post is bothered by the sudden change of heart of the Presidency vs two of the largest business in the Philippines:  Ayala and the Metro Pacific.  Since they are all over the place and affecting the lives of people:  telco, infrastructures and water.   All of a sudden a large portion of the society, in social media owing to the sentiment and emotion carried by difficulties with the basic commodity, are ganging up vs Ayala and Pangilinan, and may be very soon with other businesses.

The two behemoths are in the process of large infrastructure project - the skyway linking North and South Express way.   Ayala is building communities for the masses and had major projects in Davao  Let us not forget the jobs they have created and taxes they have paid not to mention the solution to some of our problems.   Talk about gratitude.

Definitely the two large water companies have their lapses and may seem predatory and scandalous in their contracts.   I am no friend of this two guys what with: slow internet (Smart and Globe) and our town with water supply from Manila water. Who am I to say the contracts the past administration in 1997 are not onerous? Who is not without faults and defects.

But to kick them out and replace them with Prime Water, whose services are not that examplary and way below of Manila Water and  Maynilad is unfair and capricious and does not stand well with the rest of citizenry.

Same thing with ABS CBN. non renewal of franchise.  Certainly the Presidency carries with him the mandate of people and these businessmen and their employees also have people who need employment and jobs.

We want to see statesman as our leader.  Not vendetta kings or Megalomaniac emperors.   Time to be more circumspect.   Hinay hinay lang bay...