The Dark Princes’ endless plunder
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 The confusion over the automated voting system and the campaigns are playing into the power wielders’ goals perfectly. While the people get distracted, the “Dark Princes” fast-track their latest plunder projects in cahoots with the government and finance bureaucrats. As the nation wrings its hands over the Comelec’s rising  incredulity and its seemingly hopeless race against time, and as the  people get waylaid by frivolous campaign issues and the multiplicity of  spurious candidates, including party-list groups, the Arroyo regime now  grants the Dark Princes a P100-billion stimulus package and tax breaks  worth billions more for their power, water, and telecoms companies. Only President Joseph Estrada raised the current power  crisis fraud as an issue. At a press conference  late last week at the Pwersa ng Masang Pilipino (PMP) headquarters on  Shaw Boulevard, President Estrada belied the Arroyo government’s tale  about the Mindanao power crisis and the horrendous overpricing in its  emergency power plan. Although media arrived in full force, there was  hardly any report in the mainstream newspapers and broadcast outlets the  next day. What many in the media wanted and  excitedly thought they were going to get was an announcement that Erap  would be withdrawing from the race, which, of course, didn’t happen. But  it speaks of what media are when all they would do is scramble for a  sensational story based on hearsay rather than take extra pains to  report on a genuine national crisis and blatant plunder. Needless to  say, their news editors, publishers and producers share much of the  blame. That is why I am no longer surprised with  such muted coverage of an important response to the power scam being  foisted on us. The oligarchs behind the power industry represent hefty  advertising clout that these mainstream newspaper owners fear right down  to their bones. That dread of challenging the Dark Princes also  permeates the rest of media and the political milieu, particularly the  candidates they surreptitiously support, i.e. the Yellow candidate and  Mr. Villarroyo. It should therefore not be  surprising that two news items of the last five days that are vital to  the Filipino people’s knowledge of their treasury and electricity supply  — March 21’s “Additional incentives via IPP to help address supply  lack” and March 25’s “Telco, power, water to get P100-B stimulus” —  which only the Tribune carried with prominence, were hardly covered by  mainstream media — a testament to the Dark Princes’ control of  information today. Among the tax incentives the  BoI reported are the “tax-free importation” of generating units and the  “tax holidays” for power companies that have long been raking in  billions. Now, they will get more tax freebies from a crisis they helped  create while ordinary Filipinos soon face an upsurge in their VAT  payments from 12 percent to 15 percent! Only God knows if these  companies will get the same tax holidays as the Manila Water, which  enjoyed a decade of non-payment of billions of pesos in taxes. On top of these tax freebies, the IMF-WB’s finance  manager in the Philippines (aka Finance Secretary Gary Teves) is even  proposing a P100-billion stimulus package for “infrastructure projects  lined up for the telecommunications, power and water sectors.” I can’t  imagine why these top earners among the “Top 1,000 Corporations” would  still need any more “stimulus.” But this is how our society is  organized: The rich oligarchs get more while the poor people give more. In the meantime, the Yellow candidate threatens “people  power” if the elections are waylaid.  Call-ins to radio programs,  however, reflect an opposite reaction. A masa lady over a DWWW morning  program, for instance, said (in Filipino): “His people power is only for  the rich. The poor are worse off. Marcos and Erap were better as no one  was ever deliberately mowed down in demonstrations and rallies  (recalling the Mendiola, Hacienda Luisita and Edsa III massacres).” The last people power the Yellow candidate  enthusiastically supported was Edsa II which installed Gloria Arroyo.  Still, I’d encourage him to go on with the people power myth so that  other forces such as the nationalist military groups and the Edsa III  masa activists can intervene and finally sort out the mess Edsa I and II  created. Only by stopping the oligarchs’ plunder can we return this  country to the path of genuine political and economic democracy. This sham electoral system and exercise can lead to  nothing else but chaos while the real economic and social hardships of  the people continue to aggravate. Gloria Arroyo’s struggle to survive  this transition of power is just a side show to the real crisis — the  oligarchs’ and the Dark Princes’ continuing stranglehold on our lives,  their insatiable plunder of our nation’s wealth and resources, and their  ceaseless efforts to crush the light of hope and the future of our  people. (Tune in to 1098AM, Sulo ng  Pilipino, Monday, Wednesday, and Friday, 6 p.m. to 7 p.m.; Global News  Network, Destiny Cable Channel 21, Talk News TV, Tuesday, 8 p.m. to 9  p.m. on “Unorthodox Candidates: Jimmie Regalario and PEP”; also visit http://hermantiulaurel.blogspot.com) (Reprinted with permission from Mr. Herman Tiu-Laurel) Source: The Daily Tribune ALTERNATE URL: http://www.tribuneonline.org/commentary/20100326com5.html | 
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