Are the budget keepers, the financial wizards in the govt, the chief and his cabinet, leading us into financial blackhole where there is no escape?

It is more fun criticizing

                                                        Mural of the ideal leaders

                                                               Zaldy Co now in hiding

                                            BSP sold 25 tons of gold one of the largest sale

                                             Most Central Banks are now hoarding gold

                                  Usec Cabral of DPWH, first lady top exec at DPWH a Doctorate grad

                                      Chairperson of Commitee on Appropiations Mikaela Suansing

                                                     a Harvard grad  top Congress dog on budgetting

Of late, this post is worried about the following confirmed news:   1.  ballooning country's debt rising into  unprecedented  amount and breaching the safe debt to GDP ratio (rising spectacularly even in 2025 only

2.  Wholesale plunder in the flood control anomaly amounting to billions (supported by stories from cohorts and even drivers and transporters of the cash hoard.)

What is heartbreaking is that this was alleged to be perpetrated by the best minds of the country (one  of whom graduated from Ivy League School in USA with masters)?  I even have a classmate (maybe he could not say no to offend the Chief) who could be a party to the sale of the country;s gold

If only the trillions borrowed were used in financing key industries that would propel the country's jump into middle income status? Or saving more PHP in govt operations.  If only  processsess were automated to blunt corruption.    If only we invested in more gold and US treasuries or engaged in Yen Carry trade;   if only we had hedged the funds?

But no they were used to finance ghost projects (never was built or existed) half completed projects  or projects that failed (multi million bridge that collapsed) on mere two "overloaded trucks passsing"  We poured money into blackholes, abyss!!

Just to think that trillions were financed by:    1.  selling the country's gold when gold was still in the low $2,000,  2.  shifting funds from Philhealth   PDIC and other GOCC. 3.  Massive/trillion of debt in a matter of year - both from foreign and domestic lenders.    We are hocked for over P100,000++ and our children.   Will the pludnerers worry how we can pay this massive debt from whence the loot came from?

We should be more careful in placing relatives of crooks to be our leaders and caretakers

  Who engineered thus scheme that in the corporate world would be termed as malversation (even at the middle level of govt under COA rules)?   and merit outright dismissal/termination?  Are they not even getting a whack on the head?  But they are still here and even promoted!!!!??

Is it unconstitutional for donors or givers or aid to require testing prior to disbursements?

It is more fun criticizing

Golden Rule

We have been used to bring out the constitution to disobey health protocols;   individual rights vs the protection of the public at large 

So in US this was carried to extreme where such orders as face mask, testing etc were violated and disobeyed because they violated  human rights.   Common sense dictates that the public good prevails over individual rights,   In this case we are in abnormal times and in a pandemic, and yet civil libertarians, constitutionalists lawyers continue to mouth this.

So it is now bad for govt to require recipients of 4ps to be vaccinated.  It is for their own good;  it does not give any gain for the govt to do this;   public health does,  Public good gains more traction.

It is hoped that everybody understands and cooperates and not use this issue to win sympathy from the poor and the masses.   (However the  4ps law does not provide for restrictions and must be followed according to DSWD. However Section 11 of the law RA 11310 provides for health measures for children 

There is such thing as Golden Rule.   -  he who has the gold is obeyed.