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!!!!??

More discussion on Phl 2025 GAA. Who is liable? Will somebody be charged? Impeached or censured at least?

It is more fun criticizing Will there be accountability and responsility in this controversy? Why is budget being passed this way? Can we we do this right?  WHO FILLED IN THE BLANKS?

The DBM web site that alleges contain the copy of 2025 GAA, Biecam report NEP are inaccessible. 

Are contents being corrected?  

Calls are now being insinuated not to pay taxes as the budgetting is very corrupt.    Can we have capable Legistlative and Executive leadership    

It pains the taxpayer that he/she works very hard, and even harrassed by BIR to pay taxes.    And this is the way the budget process goes? 

Sowing confusion from resource persons under duress?

It is more fun criticizing

One wonders at current legislative hearings whether the declaration so resouurce person can be confirmed or verified.   These can be squid tactics to remove pressures off themselves.  But we can not disount the possibility that they are true and will further pin down the accountability of persons mentioned.  

Campaigning early; not violating the Election code

It is more fun criticizing

If you happen to be at the province, you will see all ready many tarpaulins which are clearly creating awareness in the minds of the voter.  Since this is not the campaign period yet, COMELEC says there is no violation.

The current controversy between and among personalities at the legislative and executive are results of power struggle and positioning for the 2028 Presidential elections.   One trying to topple and outdo the other.   Creating havoc in the legislative and executive agenda and in the march of the Philippines towards progress.

May we we work more for the country rather than personal ambition.

But admittedly that is the greatest sin -  being selfish

Too much time and energy for Legislative hearing and inquiry

It is more fun criticizing

There seems to be too much time too much energy by our Legislature for hearings and inquiries.  A lot of peoples money being wasted for grandstanding and media mileage (because the 2025 election is near?

We could be better off leaving the investigation to the bodies in charge of investigation like DOJ, NBI, the prosecutors who are specialized in this job.  Less wrong rubbing of feathers, less embarrassment, more time for positive tasks and energy

Can we?

Food Security in the Philippines