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Exaggerated exit rumor EDITORIAL 01/15/2010

Friday, January 15, 2010

Exaggerated exit rumor


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Like American literary great Mark Twain, who said that reports of his death were greatly exaggerated, former President Joseph Estrada described his supposed withdrawal from the race for the presidency as being similarly exaggerated.

Estrada is a natural target by rivals, as a result of his potent drawing power on the masses from the time he announced his renewed bid to lead the country after nine years of misery under Gloria in this coming May elections.

.... MORE

SourceThe Daily Tribune

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Truth meter FRONTLINE Ninez Cacho-Olivares 01/15/2010

Truth meter


Ninez Cacho-Olivares

Survey frontrunners are at each other’s throats in their attempt at projecting themselves as oppositionists — in relation to Gloria Arroyo and her administration.

Liberal Party standard bearer, Noynoy Aquino, charged that Nacionalista Party presidential candidate Manny Villar was never in opposition to Gloria, and never attacked her, while Villar says that, apart from Aquino not having any legislative record of note, and no administrative or executive experience, he and his LP were close allies of the administration, while the Nacionalista members were in the forefront of the first impeachment proceedings against Gloria..... MORE

SourceThe Daily Tribune

Ending economic stimulus: Timing is essential ZOOMING IN Rudy Romero 01/15/2010

Ending economic stimulus: Timing is essential


Rudy Romero
The principal function of a central bank has been said to be that of keeping an economy operating in an environment of steady expansion. To this end the central bank deploys its powerful tools — rules and regulations relating to money supply, interest rates, bank reserves and foreign exchange — in a manner designed to prevent, or minimize the impact of, excessive upward or downward economics movements. A former chairman of the Federal Reserve Board, the US’ central bank, put it this way: “A central bank leans against the prevailing economic winds.”

Since 2008 the winds prevailing in the world economy have been ferocious and have threatened to bring on a world downturn worse than the Great Depression

.... MORE

SourceThe Daily Tribune

No caution, no decency MR. EXPOSE Amb. Ernesto Maceda 01/15/2010

No caution, no decency


Amb. Ernesto Maceda

Not content with having appointed 14 Supreme Court justices, GMA now wants to appoint a 15th and also a new chief justice even before a vacancy occurs and without a Judicial and Bar Council (JBC) nomination...

Grabe talaga!

Low blow. At a meeting with Muntinlupa officials, Sen. Manny Villar claimed that President Erap is withdrawing in his favor in exchange for a reimbursement of expenses. This was reported by a mayor who witnessed it, to Erap last Sunday. And I thought that Senator Villar had more decency than that. .... MORE

SourceThe Daily Tribune

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