Why worry about an oil/energy crisis? Pres says we have enough supply

It is more fun criticizing

The President says we have enough supply.  It is important for the President to say  this to soothe and calm nerves of nervous citizens

California preparing for economic downturn?

It is more fun criticizing

There is a possibility of an economic downturn and critics say this is not hypothetical nor prophetic  It is happening right now.

1.  California residents are exiting the state because of high prices of homes commodities, gasoline and in general high cost of living.    They are joining their companies now exiting the state;  estimated number about 800,000.

2.   High tech companies those in Fortune 500 have exited the company.   Reason:     high cost of regulation, fines, high cost of fuel, and not so friendly  to business any more regulatory environmnet

3.  Exit, transfer of high value individuals (billionaire) due to the yearly tax on wealth (subsequently repealed.  The billionaires put up a fund to wage war vs the measure using political and legal means   The Gov eventually folded up and ordered the repeal)

4.  Regulatory over reach affecting:

      1.  Fuel supplies

              1.  Huge fines to refineries.  Two refineries accounting for 16% of CA fuel supplies closed                           down due to huge fines that were imposed;

              2.  The shortfall is being replenished by imports from Asia:   Korea, Singapare and India

                    resulting in higher prices due to freight cost, which takes a month from the port of

                    origin.

              3.  Fuel prices have skyrocketed as result surpassing the projected $8.43 per gallon.

              4.  This has affected fuel prices in Arizona and Nevada which buys fuel from California

                   refineries

Did the Air India Flt 171 pilot commit suicide with the rest of 241 passengers and crew?

It is more fun criticizing This is another angle, theory. So many theories on Air India crash of June 12, 2025

When shall we ever learn from tragedies involving field trip of children?

It is more fun criticizing

We had this in the locality.  Several schoolchildren and teachers (including a principal) died in a field trip to Batangas.   Did we stop this or took safety measures to prevent similar incidents.  I believe from the number of buses Ii still see on the road, the practice continues.

And so we had 25 dead,children and teachers from a fire running on LPG in Thailand.  Then we see video of enumeration of safety features of buses.

Some interim measures are in order:

1.  Stop field trips immediately.

2.  Subject buses to be used for safety inspection and upgrade, retrofitted with safety features.

3.   There should be a reminder of safety feature of the bus before each trip, and safety cards at the seat.

4.   Training of bus personnel on safety and evacuation during fires.

5.   Rule out buses that are deemed dangerous eg running on LPG, on hydrogen, on EVs unless they can be proven that they are fire proof.   

Fare increase being reined by LTFRB

It is more fun criticizing

Various sides have been heard regarding fare increases.   NEDA is against is as this will trigger a new round of inflation.  Fare increase triggers wage increase and price of goods  (As of now those affected by trucking fare increase have unilaterally increased their prices)

     This noon some discussion were seen at CNN by a jeepney drivers association

     1.  That the P6,500 is not enough and will just be returned to the oil companies

     2.  Oil companies (an old leftist line) are gouging our people  (But oil price increase come from the

          oil traders and producers like OPEC)

    3.  That the take home income of drivers have been reduced (Because they included food expenses of the drivers (maybe with barkada.  What should prevent them from including their alak expenses later on

May be a computation a simulation of how many paying passengers on the average, the fuel consumption must be detailed.   

   4.  That the  sad state of the revenue vs expenses will force many drivers to shift to other jobs and force them to stop 

    It is noteworthy that only jeep drivers would be the only ones affected (the more vocal) groups but not buses or vans, or TVNs

    One wonders if the statement of the official of the jeepney drivers group is to be believed

So various options:

   1.  P1.00 fare increase

   2.  P5.00 fare increase

   3.  P6,500 assistance to the jeepney drivers

Train law will not affect prices?

It is more fun criticizing

Rizal Philippines
May 26, 2018

What does train law meanto ordinary Filipinos?


Benefits under the TRAIN law - from Rappler (fair ba reporting?)

The authors of the Train Law (the law that increased income tax exemption for workers - a very political move to be popular with voters who are wage earners) promised and stated that they will not affect prices if all minimal. But with gas prices shooting up from P18.00 per  liter to as high as P62.00 for gasoline and P50.00 it is very invevitable that prices will go up.  Equipment renters, truckers are now charging higher for the freight.  Some transport groups have motu propio on their own increased their fares. In the island province that I visited yesterday, the VAN fare shot up by P40.00 and there were not lots of  van going around (maraming LTFRB) patrols and fines for colorum is impounding + P200,000 fine.  Mahirap ding sumakay

I would like to think that taxes and economy is a zero sum game. Nothing is free. Nothing comes from nothing.  Everything must come home to roost, just like a chicken.

It you grant tax exemption, the law taketh away from the people too by way of increase prices of goods (brought about by rising fuel prices and trasnsport/commuting)   In the end the people, the proposed  beneficiary of the TRAIN law, got nothing, got the short end of the promise.

How come.?   Baka dapat amendahan o baguhin ang TRAIN law?   Minadali, kulang pag iiisip, research,debate?

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