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Mega, nega! HE SAYS Aldrin Cardon 11/22/2010

Monday, November 22, 2010

Mega, nega!

HE SAYS
Aldrin Cardon
11/22/2010
The backdrop to the mega story does not look good.

On two sides lie a fractured Cabinet, and on their backs groupings of different kinds of supporters with their own ambitions and interests; On the far side is the main opposition long besmirched with graft and corruption, yet waiting for the world to tilt to its side for its awaited comeback.

On the ground, people are suspicious. Not even President Noynoy Aquino’s high ratings can convince them that he has not succumbed to pressure from big business and foreign interest groups. The Philippines is not for sale, and so they say. And that’s what we thought, too.

Suddenly, the popular president is veering away from his former populist stand.

And in pushing $3.3 billion in so-called mega projects, he’s finally kissing the hands of foreign masters and big local capitalists for the infusion of fresh money to keep his government treading past its daily chores after it was left nearly bankrupt by Gloria Macapagal-Arroyo..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/commentary/20101122com6.html

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