Skip to main content

Alice Guo's Conviction Should NEVER be a Call to Shut Down Constitutional Reform

The Alice Guo saga seems to have come to an end, right? That's, unless of course something happens and she escapes again. This always made me laugh when I realized that, as I was writing my articles, I came across a Vietnamese girl named Ha Thi Thu Trang, aka Ha Trang, who resembles Alice. Right now, Ha Trang could come to the Philippines for a vacation and not get mistaken for the same person. Back on the topic, I would like to point out that I actually wrote a post on whether or not using Alice's controversy should be a call to shut down constitutional reform.

Alice's now in jail, what's next?!

I would like to let people know in advance, I'm not here to demolish Senator Maria Theresa "Risa" Baraquel-Hontiveros' efforts in getting Alice arrested. In fact, I feel grateful (in part) that Risa managed to expose Alice's lies, along with Senator Sherwin "Win" Ting Gatchalian in exposing Alice's dubious records. However, I'm going to express my disappointment that Risa, for whatever intelligence she has, is still pretty much against charter change. Instead of focusing on structural reforms, Risa's now focused on the anti-dynasty bill. If anything, while Risa did something terrific with the Alice Guo case, I have to point her as a stubborn Gen X, after the stubborn Generation Boomer era. After all, 1964 to 1966 isn't a lot of time, compared to the 1970s vs. the 2000s vs the 2010s vs the 2020s!

This would also be something from Risa herself, from her Facebook page, which I translated into English for people for non-Tagalog speakers:

If we only want foreign investments, it would be better if we first strengthen the confidence of investors here. We need to build confidence in governance by eliminating corruption and improving our business environment, not by creating more instability through ChaCha.

Besides, amending the Constitution to open more of our most crucial industries — like public utilities, education, and advertising — to 100 percent foreign ownership will only expose us to security risks and weaken our national interests in a time of global unrest.

The proposal’s ultimate objective of stimulating and attracting more foreign investment is already addressed by present laws because the major part of our nation’s economy is already available for foreign participation, such as through the Retail Trade Liberalization Act, Foreign Investments Act, and Public Service Act.

And yet, even now, China’s 40 percent ownership of the state grid operator, the National Grid Corporation of the Philippines (NGCP), has brought many headaches — from security risks to poor service. That is a giant red flag we should not ignore. It is very obvious that this ChaCha will not put an end to this, and other economic woes.

This is just crazy because, for one, how in the world can China have a 40% ownership in the NGCP even solve the problem? That doesn't address the bigger issue. Seriously, how can Risa miss the crucial issue that the lack of power plants is really the problem? Even if the NGCP were 100% Filipino-owned, the same problems may persist more or less. The NGCP is a transmission highway, not a power plant! The real cause of the rotating brownouts is that there's too much demand for electricity and too little supply. It's a basic economics lesson! 

Addressing people who may want to say #NotoCharterChange because of Alice's conviction

I made a post where I discussed how the Filipino First Policy may be encouraging dummies. For some added humor where I christened Ha Thi Thu Trang as "Alice", due to the uncanny resemblance to Alice Guo in that same post. I would like ot address the fact that Alice is but the symptom of a bigger problem. 

What's the real problem or problems? Perhaps, it would be good for me to evaluate the common problems often overlooked, either on purpose or just plain inattentiveness:
  1. Whether you want to admit it or not, the 60-40is a huge discouragement factor. After all, people who think it's not a "big deal" need to try renting a space where they can only own 40% of the business!
  2. Corruption is indeed a problem. What's often overlooked is how the 60-40 policy actually benefits the corrupt (and the oligarchy, too) more than it benefits the people. One of the best ways corrupt people stay in power is by keeping people poor.
  3. The Filipino First Policy has ignored the fact that not all Filipinos are business-oriented. 
  4. Red tape in the Philippines actually encourages criminal activity, which is a conflicting algorithm with the call to combat crime.
  5. Do we even bother to realize that 100% FDI isn't about takeover but the ownership of shares? With this one in mind, foreigners who want to invest will simply take dummy identities more and more, which means removing one dummy (like Alice) may only have more dummies replacing Alice right now. That means any "healing" the nation has right now is temporary at best.
In short, these points bring up the high cost of Pinoy Pride economics. It should be funny because they're typing all their nonsense using imported equipment. I can expect their usual mockeries, where I should just stop them from giving an answer. If they give an answer, I can expect them to say, "We have no choice but to use imported equipment, because the foreigners unfairly own the means of production." Well, all I can say is, "Whatever! I've heard the same excused and the Filipino First Policy proponents, citing Davide, Monsod, whoever, are broken records

Popular posts from this blog

Going from Tet Offensive in 1968 to Doi Moi in 1986

Foreign Trade University The Lunar New Year isn't just celebrated by the Chinese. Chinese New Year is one form of the Chinese New Year. Other forms of Lunar New Year follow   the Chinese New Year cycle, such as the Tết Nguyên Đán of Vietnam, the Japanese Lunar New Year, and the Seollal in South Korea. There's also the Tibetan New Year and the Mongolian New Year. I remember when talking about Vietnam celebrating the Lunar New Year together with the Chinese, my fellow Chinoy made the squity-eyed gesture to talk about most Vietnamese looking like Chinese. Should we even be surprised that there's a Vietnamese student who looks like the deposed Alice Guo, aka Guo Hua Ping?  What was the Tet Offensive about? Right now, I want to talk about the infamous Tet Offensive , which was a Lunar New Year attack of January 31, 1968. The Western concept would prefer to talk about it on January 31 instead of the Lunar New Year. A Filipino would probably say, "So what if it was Lunar Ne...

Facts vs. Gossip: Did Vietnam (According to Filipino MARITESes) Develop from Its Own Treasury Before Opening Up to FDI?

Vietnam Youth Union It's been 80 years since Vietnam achieved its independence in 1945. Some time ago, I wrote about how Vietnam's Doi Moi actually disproves the Trust Me Bro School of Economics . I wasn't too accustomed to researching Vietnam's ironic economic miracle . Vietnam is a one-party state ruled by the Communist Party of Vietnam. The word Communism would evoke fear and terror. What I find funny is that some people are using Vietnam as an excuse not to open up the Philippine economy (read here ). Such misinformed  people think that Vietnam "won this revolution," supposedly self-industrialized from its own treasury before opening up to FDI. In short, some people either believe that (1) Vietnam is an example of how a highly protectionist economy works, or (2) that Vietnam made itself rich before opening to FDI. Both of them are lies. I'll focus on the second point for this new blog post!  Right now, some people say that I'm just another marites...

China's Real Great Leap Forward and Economic Cultural Revolution Under Deng Xiaoping

Nobody can dare deny that China has become a big superpower. I remembered I went to China last 2007 (which would be more than 10 years ago). China had become such a huge metropolis of power that I'm amazed at it. I was thinking about how Shanghai, Shenzhen, and Beijing were truly magnificent cities before the pollution problem (which should call for eco-capitalist measures). I was thinking about how I never realized China was once dirt poor.  Did you know China used to be so dirt-poor? The "economic legacy" of Mao Zedong was a disaster with the so-called "Great Leap Forward". It was a great leap forward all right--a great leap forward to ruin. Mao seeking to avoid the use of foreign resources to launch China proved disastrous. The 1970s would see a dramatic change when Deng Xiaoping finally took over the Chinese Communist Party (CCP). The beginning of the rise of Communist China under Deng's new political policy would pave the way to China becoming a great s...

Ironically, COMMUNIST Vietnam Continues Improving FDI Conditions, Compared to DEMOCRATIC Philippines

Vietnam National University It's crazy how people don't realize the bigger picture between Communist Vietnam and the democratic Philippines (read here ). It's really crazy how Senator Joseph Victor Gomez Ejercito apparently thinks that delayed proceedings to Vice President Sara Duterte-Carpio's impeachment trial could scare away FDIs. Meanwhile, Atty. Renee Louise Co of Kabataan Partylist could talk about economics, all the while Kabataan Partylist is still against open FDI. It's amazing how Raoul Abellar Manuel, a cumlaude in applied mathematics, still believes in #SahodItaasPresyoIbaba economics! Meanwhile, the biggest picture is that Communist Vietnam , while it's under a One-Party State of the Communist Party of Vietnam, is has the better picture of how to invite FDIs. In fact, the Constitution of Vietnam  is rather silent on economic restrictions . The CPV chooses to impose economic restrictions through legislation rather than enshrining them in its Constit...

Social Media Gossipers' Ad Hominems Against Actor Robin Padilla Regarding His Proposal to Remove 60-40

Make no mistake that I didn't vote for Robin Padilla. I feel like I've had enough of voting for celebrities, athletes, and those who I felt are know-nothings in the legislative. However, Padilla recently had his proposal to remove the 60-40 restrictions regarding foreign direct investments (FDIs) . Former Philippine Vice President Maria Leonor "Leni" Gerona-Robredo was even in favor of that amendment. I guess that's why Philippine economist Andrew James Masigan endorsed Robredo. I may have not endorsed Robredo while Masigan remains to be one of my favorite local sources. The news from GMA News Online reveals these plans by Padilla himself: Senator Robin Padilla said he wanted to revise the Constitution to scrap the 60-40 rule on foreign ownership of businesses to accelerate job creation and competition among industries . In a Monday interview, Padilla said the move would attract more foreign investments to support the country’s economic recovery. “Para sa akin mas...