Business & Economics Perspective Blogger

I'm amazed (but not surprised) at Kabataan Partylist's economic illiteracy . The group seems to be stuck in the pre-Doi Moi days of Vietnam. Do they believe that Vietnam actually got rich through national industrialization? Thankfully, the Philippine Anti-Fascist League Facebook page (old one) collapsed like the Berlin Wall. However, I decided to look at Kabataan Partylist's Facebook page and found another idiotic statement. Yes, it's by Atty. Renee Co. Right now, with the Philippine justice system being so weak (just remember how the Vizconde Massacre and the Chiong Sisters Case are both, case unclosed ), I'm no longer too beholden to lawyers. There are good lawyers but I don't think Renee is one of them! Anyway, to translate Renee's statements in English, it would be like: The real reason behind the oil price hike is deregulation. The government is no longer in control and they're allowing the oil businessmen to increase prices, whenever they wish. Eve...

Foreign Trade University A few days ago, I wrote about Kabataan Partylist needing to learn economics from the Ho Chi Minh Communist Youth Union . Otherwise, I'll continue using Vietnam Youth Union for convenience. Speaking of which, the Foreign Trade University in Vietnam is actually a government-owned university (read here ). For this post, I decided to expand on a point, saying that Kabataan Partylist needs to learn from the Vietnam Youth Union on entrepreneurship . I pretty get jealous of the Vietnam Youth Union members with their practical early immersion.  The  National Defence Journal   of Vietnam gives out this important detail of the Vietnam Youth Union:  Fifth, enhancing the support of young intellectuals to get access to opportunities of work, research, develop ideas, products, and start-up to legitimately enrich themselves, the community and the country. Support the implementation of startup ideas and projects of young intellectuals in practice, making pra...

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...

High School Philippine History Movement Yes, Carlos P. Garcia made his most important contribution to the Philippines--he died! It's sickening how schools condition students to believe in Pinoy Pride Economics aka the Filipino First Policy. If we're to talk about it, some people say, "Oh the Filipino First Policy is so good!" However, if I were to really address it, the Filipino First Policy advocates' list of favorite sources are: The statements of any framers of the 1987 Constitution of the Philippines. They are put at high regard . For example, an old man I met say, "I will not believe anything if it's not from the framers, concerning the Philippine constitution."  Faulty DepEd textbooks that are already notoriously known for factual error , even today! The statement of any priest from the Catholic Bishops' Conference of the Philippines (CBCP). For example, cite the words of Archbishop Socrates Villegas. Garcia is still hailed as a hero and bu...

Here's an AI art I found on Facebook. The illustration above shows some entrepreneurs eating. Meanwhile, there's a poor family that's proudly dressed in rags. There are proud people and humble people in all types of social classes . If you can have an ugly vain person, then you can have a proud poor person. The poor family displays their arrogance by holding their heads up high, in pride, in a place they couldn't afford . In fact, you may even discover some people are poor, not because they're poor, but because of their pride. Some people either become poor or stay poor in spending stuff that they don't really need, to impress people they don't even like!  The picture that I showed above the first paragraph may represent the Philippines (but also Venezuela, Cuba, and North Korea) vs. the developed countries. The poor family members have no regard that they're bringing in their dirt into a fancy restaurant. The restaurant doesn't need to be first clas...

Back in 2022, I wrote an essay describing the obsession with ayuda . It's crazy how the Makabayan bloc composed of groups like Bayan Muna, Gabriela, and Kabataan Partylist, are obsessed with ayuda . It's utterly hypocritical to complain about spending PHP 10,000.00 (or more) to amend the constitution from its defects. However, they have no problem giving PHP 10,000.00 ayuda (proposed) to lazy people who do nothing all day. It's one thing to give people with disability (PWDs) their ayuda. It's another thing to give ayuda for people who are  still capable of working. 4Ps is supposed to be a conditional cash transfer program . People are supposed to do what's required, or they don't get the cash to be given. Anybody wasting their money are to be removed from the program.  The problem with several anti-reform people (such as those who belong to the Makabayan bloc) is they may have a beggar mentality . They would demand for wage increase (never mind that wage increas...