Category: Commentary

By Carol Pagaduan-Araullo Streetwise | BusinessWorld The brouhaha over the alleged “violent” protest on campus by University of the Philippines (UP) student activists against the Disbursement Acceleration Program (DAP) and its principal architect and implementer, Budget Secretary Butch Abad, comes in the wake of the nation’s recollection of the martial law period. Invariably the role…

By LUIS V. TEODORO Vantage Point | BusinessWorld Reacting to demands that he fire Philippine National Police (PNP) Chief Alan Purisima for, among other reasons, the involvement of policemen in robberies, extortion, kidnapping, even murder and other crimes, President Benigno Aquino III declared that “there have always been ‘scalawags’ in the police.” That statement implied…

The failed promises of privatization

By BENJIE OLIVEROS Bulatlat perspective Privatization, by whatever name – Build-Operate-Transfer or Public-Private Partnerships – was touted to be the solution to the inefficient, monopolistic management by government of public utilities and services. It was supposed to be the opposite of how the dictator Marcos monopolized and profited from basic utilities such as electricity, water,…

By Carol Pagaduan-Araullo Streetwise | BusinessWorld This Sept. 21 marks the 42nd anniversary of the imposition of martial law by President Ferdinand E. Marcos. It meant the beginning of mailed-fist dictatorial rule that brought ruin to the Philippine economy; hocked the future of generations to come to the multinational financial mafia; institutionalized plunder and cronyism…

By LUIS V. TEODORO Vantage Point | BusinessWorld Forty- two years have passed since Ferdinand Marcos placed the entire country under martial law on Sept. 23, 1972 (he signed Presidential Proclamation 1081 on Sept. 21, implementing it only two days later). But some Filipinos still argue that things were better during the dictatorship, while others…