Friday, October 5, 2012

Good riddance

DIE HARD III
Herman Tiu Laurel
9/28/2012



For what one party in the China back channeling controversy says is the "gulo" (Pilipino for mess) and another party considered his "shabby treatment", one threatened to leave the country for his business home Hong Kong and the other leaks a threat of resigning his cabinet post. These are Manny Pangilinan (MVP) and Ambassador Albert del Rosario, embroiled in what Sen. Antonio F. Trillanes charged as Del Rosario's escalation of tensions with China to benefit his long time business associate MVP in oil deals negotiations with China. MVP is reported to say in reaction "Kung ako lang… I'd pack up and go back to Hong Kong. Ang gulo-gulo n'yo." Del Rosario's rsignation threat circulated by way of a "leak" from the DFA.

Pangilinan flatters himself. He, MVP would have remained the pudgy, dumpy little underling of Indonesian tycoon Sudono Salim, a.k.a. Liem Sioe Liong, if he didn't have the Philippines to bring the outdated Hong Kong cellphone equipment to transplant to and built his telecoms empire, parlaying that success with incognito international financiers into ventures in real estate, public infrastructure and transportation, broadcast and print media, sports entertainment; taking off massively after entering into the premier power distribution utility company Meralco which began the onset of the highest power rate increases of almost yearly 100% hikes from 2006 to the present and into the next "regulatory periods" until 2015. Filipinos have been footing the bill for MVP's spectacular economic clout today, so who owes whom and who needs whom?

My (and many other Filipinos') response to MVP's self-flattery and threat of packing off to Hong Kong, is: "Layas ka na" or "Scram". The country will surely be better off without the likes of International Finance Mafia (IFM) backed MVP who possess the guiles of the Snake in Paradise, Shylock and Blackbeard the Pirate to cause an entire economy to turning its wallet over. It can be argued that MVP's projects, particularly Meralco (almost highest rates in the World), Maynilad Water, MNTC (Manila North Tollways Corp.), and other privatized utilities firms charging exorbitant rates, constitutes the biggest factor in the continuing debacle of the National Economy, the decline in middle class living standards and impoverishment of the already poor tantamount to a major cause for the widening gap between rich and poor, corporate bonanzas and people's incomes.

MVP's charm bewitches some like Mandaluyong Congressman Neptali "Boyet" Gonzales who is appealing to MVP to "…. pause and rethink this repatriation to Hong Kong. The steady performance of our economy today is the result of a confluence of factors that a daring investor int eh like of him has greatly contributed to." That may take care of Boyet's campaign funds for 2013, but that certainly will cost the Filipino public utility consumers again. By the way, the Ateneo University and the Jesuits have saved their own souls for now with MVP bolting from their bosom in protest of some Jesuits' opposition to MVP corporate mining greed and the RH "condoms profits" bill. It's redemption for the Ateneo and the Jesuits who may be a little poorer now but still far from impoverished. However, MVP will no longer have the religious halo to sanctify his pillaging of the economy.

The latest on Secretary Albert del Rosario is he is not resigning to "… remain true to his commitment to serving the country." A day later, Del Rosario is in Washington making a speech to the Center for Strategic and International Studies (CSIS) and headlined as "Del Rosario: Philippines will respond to China ships". Back home BS Aquino III's special envoy to Chinese Vice-President Xi Jinping, Mar Roxas is taking pains reporting on "easing of tensions" and renegotiation and/or payment of the $ 500-M North Rail project fiasco. Was Del Rosario, as green card holder (when are they going to investigate this) and foreign affairs secretary reporting to his real bosses? A retired veteran Filipino diplomat, writing his regular Malaya column, comments on Del Rosario, entitled "'Resign' …If Del Rosario is wondering why it was only spokesman Lacierda who said Noynoy still has confidence in him, I think it is Noynoy's way of giving him an opportunity to exit gracefully by resigning."

  Speaking to support Del Rosario's continuance at the DFA were Philippine Ambassador to Washington Jose Cuisia and former AIG (British agent C.V. Starr and fraud-indicted mogul Hank Greenberg's American International Group) Philippine manager, and wife of the late Reginald Lewis of the P 1.5-Billion company TLC Beatrice, Loida Nicolas-Lewis "boycott China goods crusader" who made a ton of dollars in China selling its chain to food stores to Chinese interests. All of them: MVP, Del Rosario, Cuisia, Nicolas-Lewis are in the U.S. and international corporate networks with ambiguous loyalties and hands in Philippine policy and government. Should we wait for them to volunteer to go?

(Watch Destiny Cable GNN's HTL edition of Talk News TV, Saturdays, 8:15 to 9 p.m., with replay at 11:15 p.m. and Sunday, and on www.gnntv-asia.com; tune to 1098AM radio Tues. To Fri. 5 to 6pm http://newkatipunan.blogspot.com)

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