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More problems on the fiscal front EDITORIAL 12/20/2009

Sunday, December 20, 2009


More problems on the fiscal front


EDITORIAL

Click to enlarge
12/20/2009

The government, which translates to the next president who is inheriting from Gloria, would not only be grappling with dwindling tax collections and higher debt payments but the possibility of increased cost of borrowings as credit rating firms have been reportedly thinking of downgrades on the country due to the runaway deficit.

The budget shortfall is expected to hit unseen levels of more than P300 billion this year and around P250 billion next year which Gloria has been attributing to the global economic slowdown and the government’s response to it that necessitates.... MORE


SourceThe Daily Tribune

ALTERNATE URL: http://www.classicposters.com/commentary/20091220com1.html

Inexcusable behavior FRONTLINE Ninez Cacho-Olivares 12/20/2009


Inexcusable behavior


FRONTLINE

Ninez Cacho-Olivares
12/20/2009

Datu Unsay Mayor Andal Ampatuan Jr. has been called a monster, being the state-named brains of the Maguindanao massacre.

It is claimed by some that it is perhaps understandable that the media are all riled up due to the death of 27 of their colleagues that they not only jeered Ampatuan Jr., but even hit him with their cameras, apart from shoving pictures of the journalist-victims on Andal Jr.’s face.

For all intents and purposes, the journalist group.... MORE


SourceThe Daily Tribune

ALTERNATE URL: http://www.classicposters.com/commentary/20091220com2.html


Isabela wins; Liberal Party loses ENQUIRY Demaree J. B. Raval 12/20/2009


Isabela wins; Liberal Party loses


ENQUIRY

Demaree J. B. Raval
12/20/2009

The decision of the Commission on Elections (Comelec) unseating Grace Padaca as governor of Isabela and declaring Benjamin Dy as winner in the May 2007 elections is a victory for the province of Isabela. Further, it exposes a basic weakness of the Liberal Party (LP) of which Padaca is a member: An arrogance so perverse it borders on hubris.

As the December chill sets in, nothing is more heartwarming to the electorate of an entire province than to have their true will in a given election established after a long drawn-out process of protest and counter-protest as mandated by law. While we may fault the Comelec for coming out a bit too late in the day with its decision, we should .... MORE


SourceThe Daily Tribune


Tesda’s window dressing BLURBAL THRUSTS Louie Logarta 12/20/2009


Tesda’s window dressing


BLURBAL THRUSTS

Louie Logarta
12/20/2009

Fr. James B. Reuter, the most well-known Jesuit in the Philippines today and probably for a long time to come, was recently honored with the Serviam Award which is supposed to be the highest honor that the local Catholic Church bestows.

Cardinal Gaudencio Rosales, Archbishop of Manila, personally handed the Serviam to the 93-year-old American priest in recognition of his lifelong work of helping educate the youth in the creative arts, mass media and communications.

Fr. Reuter came to the Philippines.... MORE


SourceThe Daily Tribune

ALTERNATE URL: http://www.classicposters.com/commentary/20091220com4.html

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