Skip to main content

The Foolishness (and Hypocrisy) of Wanting Imported Luxury Items as Christmas Gifts While Opposing BADLY NEEDED Economic Reform

I wrote about the Filipino obsession with the iPhone a few months ago. With Christmas being a few days away, I wrote that post to address the foolishness (and hypocrisy) of wanting imported luxury items for Christmas. One of the greatest wishlists that someone in the Philippines could have composed of imported luxury items. It shouldn't be just a bag--it should be something like the latest Prada or Hermes. It shouldn't just be a smartphone or a new tablet--it should be an iPhone or an iPad. Some Filipinos may have even pestered their OFW relatives to bring them the latest imported luxury item. Never mind that working abroad, separated from loved ones, is anything but glamorous.

Ironically, some people who want imported luxury items still oppose economic reform. I mentioned how Apple has a huge factory in Communist Vietnam. I wrote an article where I discussed Lego operating a factory in again, Communist Vietnam. Just think for the moment if I talk to them, who are either wishing for Apple gadgets or having them now. I could start talking about why the Philippines needs to get rid of the Filipino First Policy and allow more FDIs to enter. It could be either in person or on Facebook.

I would expect some dumb answers which are very common. The reasons I tend to state are as follows:

  1. "But the Philippines is not this or that country!"
  2. "But only FDIs will get rich when you let them invest in the Philippines!" (Read rebuttal here)
  3. "But letting FDIs invest here will mean there will be no jobs for Filipinos!" (Read rebuttal here)
  4. "Foreign investors are invaders! They will invade the country and destroy our sovereignty!" (Read rebuttal here) 
  5. "We need more wage increase, not more FDIs!" (Read rebuttal here)
  6. "No to foreign imperialism! Filipino Pride!" (Read rebuttal here)
Those same reasons I listed above that might barely cover the long range of stupid answers. It would be very stupid if they're all anticipating those imported luxury items (and maybe, blaming the rich for their poverty at the same time). Even funnier is if they write all the false flags about FDIs and MNCs using their iPads and iPhones. They will say they're "simply forced to participate to survive". Were they forced to buy Apple products when they could've had cheaper substitutes? Maybe, they're also carrying those iPads and iPhones in imported luxury bags. Some people hate the rich, for simply being rich, because they want to have what the rich have, without working for it. 

They've already contradicted themselves with their Christmas wish. How can people who are calling for the Filipino First Policy be using imported luxury items? How can the same people who say that only FDIs will get rich in investing in the Philippines be saying this while using imported luxury items? The sheer contradiction is there. Didn't they just "empower" the "imperialists" by buying imported luxury items? Don't tell me those they call "imperalists" forced them to buy those luxury items? They could've bought other non-luxury items.

I'm really going to laugh at the stupidity of the situation. Why can't they think of a better Christmas wish with a more open economy for the Philippines? Just imagine saying FDI will ruin the spirit of the Philippines (all the while, most Filipinos are Catholics) while wishing for imported luxury bands. 
Labels:

Popular posts from this blog

Real Talk: No MNCs In Their Right Mind, Would Ever AGREE to That Ridiculous 60-40 Proposal

Here's another art I found on Facebook. Some time ago, I wrote about how the 60-40 policy may not prohibit, while still discouraging FDIs from entering . It's plain common sense, really, that nobody would want to rent a space if they had to part with 60% of their net profits to the lessor (read here ).  It annoys me to think that certain Netizens on Facebook are still blaming government corruption over the 60-40 policy. That can get annoying. I can link the 60-40 policy to government corruption . After all, corrupt officials want to perpetuate their stay in power through an ignorant and impoverished population. However, blaming corruption alone is really downright stupid. Some say investors are going to Communist Vietnam because the Communist Party of Vietnam-Vietnam People's Army is serious about cracking corruption. However, the reality is that, ironically, Communist Vietnam has more reasonable economic restrictions compared to the Philippines (read here ). Only a few sec...
Read more

Venezuela as a Cautionary Tale on #SahodItaasPresyoIbaba, Nationalistic Pride, Welfare State Economics

The Sunday Guardian Years ago, I wrote about Venezuela's pride and protectionism , under a more "formal" style of writing compared to my latest posts. I decided to use an even "less formal" and "less academic" tone since I'm not writing a term paper. Instead, it's like how a professor and a student discuss the thesis using first person over third person, using contractions, etc., while the thesis doesn't use such tones. Back on track, I thought about the arrest of Venezuelan President Maduro can spark debate. Was it a violation of sovereignty? I'm no expert on international law. However, Venezuelans can be seen celebrating Maduro's arrest. Right now, I'm using Gemini AI and Google search to help me find some sources for this blog. It's because I don't want my blog to become another gossip central, but a place to discuss facts with my own personal opinions (making sure they don't  derail the facts).  I used Venezuela ...
Read more

Kabataan Partylist Seriously Needs to Learn ECONOMICS from the Ho Chi Minh Communist Youth Union

Vietnam National University, Hanoi Kabataan Partylist, is that you? No, it's actually the Ho Chi Minh Communist Youth Union (Đoàn Thanh niên Cộng sản Hồ Chí Minh), or alternatively, it can be called the Vietnam Youth Union . The color blue may remind some of Kabataan Partylist. Both Kabataan Partylist and the Vietnam Youth Union are involved with recruiting youths into the organization. However, there's a crucial difference between Kabataan Partylist and the Youth Union in how they view economics. The  Kabataan Partylist Laguna's blog  even writes this: It believes that the Philippines, as a semi-colonial and semi-feudal country, is plagued by a system which allows foreign and big business interests to dominate, while the majority of our countrymen are left poor and hungry . We are living in a society where foreign subservience, peasant landlessness, and rampant corruption are the top three ills. To that end, Kabataan Party-list strives to galvanize the Filipino youth in u...
Read more

Communist Vietnam's Great Leap Forward in Agricultural Production

I remember reading through Third World to First by the late Lee Kuan Yew. It's very easy to use the book to badmouth the Marcoses but not to learn from the rest of it. The book also talks about Vietnam and LKY's encounter with the late Nguyen Duy Cong aka Do Muoi. It's often said that Singapore only opened because of its lack of natural resources. On the contrary, Do Muoi decided to learn from Singapore how to turn the Communist Party of Vietnam into a powerhouse. Do Muoi, though a communist , was impressed by Singapore during his October 1993 state visit. Vietnam, unlike Singapore, is a country rich in natural resources. The third-world mentality said that MNCs are there to rape the resources .  A very huge misconception especially if you know Singapore's history Some Filipinos on social media even say that FDIs will destroy agriculture and nature. This is a meme by the Philippine Anti-Fascist League on Facebook. They say that FDIs equals environmental degradation. Yet...
Read more

60-40 Foreign Direct Investment Ownership is Nothing More Than OVERPRICED Rent

I'm amazed that there are some people who still insist that the Philippines should retain the 60-40 investment scheme or even lesser shares  ownership for foreign investments. The argument always goes such as (1) Filipinos must be the majority shareholder because it's their country, (2) only foreign investors will get rich if you let them invest in here 100%, and (3) you're basically selling land. This is the problem when people can't tell the difference between shares ownership and land ownership . Shares ownership means owning a percentage of the company. Land ownership is where the land is leased upon. This is where I would like to argue why easing certain foreign investment restrictions is necessary. An illustration that will help see why 60-40 is nothing more than overpriced rent I would like to give this picture. Let's imagine you're a businessman and you're looking for a space to rent. Not everyone is willing to sell their commercial space but there ...
Read more