Da Coconut Repablik

A Chronicle of the Da Pinoys and Da Coconut Repablik of Da Pilipins

Da Pinoy Chronicle: On The 7.1% Philippine GDP Growth Rate

Hey folks, this is my comeback article after 4 days of not typing anything. Originally I want to write about the murder of George Anikow murder as my comeback article but I may write for that tomorrow morning before I will unleash my behemoth article about Bonifacio. So, the recent headline today is the ‘good’ performance of the economy of the Philippines. TV Patrol reported it an hour ago as a milestone of the incompetent presidency of Homer.

For people who watch this propaganda newsreel every night, it is an another excuse to declare that you are “Proud To Be Pinoy!” The credit goes to the Filipino OFW’s remittances during the fiscal year 2013. Edwin Lacierda still credits only one person and one government for this success.

 Lacierda attributed the high growth rate to “sustained confidence in the leadership of President Aquino and his administration, which has consistently equated good governance with good economics.

Good economics? This statement by Lacierda was hilarious. Remember the campaign slogan of Homer during the 2010 elections? “Kung walang korap walang mahirap” and unfortunately this slogan was the prime motivator why he won the Presidency. The Partido Liberal is still using this slogan as their main platform.

The international community accuses Homer of a double standard mentality because in the international press, he says that the economy will be open, which in reality Homer had actually tightened the foreign ownership rules by releasing new guidelines.

Now back to more statistics:

The Philippines’ third-quarter growth rate—just behind China’s 7.4% rise—made it the best performer in Southeast Asia, where economic performances during the period ranged from a 6.17% expansion in Indonesia to a 5.9% contraction in Singapore.

The country’s services sector, which accounts for half of gross domestic product, expanded 7.0% from a year earlier, while construction and manufacturing growth pushed industry up 8.1%. Agriculture, which accounts for a fifth of GDP and employs four out of 10 Filipinos, rose 4.1%.

While the majority of the Pinoys will celebrate this,  actually Indonesia and Singapore have a more higher GDP per capita than us, which means that the Philippines is still a basketcase. I am laughing that some people will say that our GDP is very large which is true, but the GDP per capita is small and way behind than the EU or even the majority of the Latin American countries.

The news is too hollow, and in fact the Arroyo administration had did a good job than the recent administration in regards to economic growth, but Arroyo still needs to be pragmatic at that time, in order for not to upset the local elite. She had allowed limited liberalisation, like Ramos did in the 1990’s.

Our Economics teacher still insists that the foreign equity laws are for the benefit of the populace. This is an old argument from a nationalist viewpoint with a leftist bent. In order to remain competitive, we need to take the odds. We need to open up our country to free trade or to die in starvation.

The Philippines is sitting in a very strategic position as a trading hub and a military base, so free trade or removal of restrictions to foreign investment is the key to progress, although the government can put limited regulations. We need to amend the Constitution in order for it to work.

Nationalism and Communism were already dead 3 decades ago, they were blown by the winds and their ashes scattered among the lunatics which continues to fight for these outdated ideals. The Ywllow Media through its yellow journalism continues to promote it.

I am still waiting if Homer will introduce proper pragmatic reforms without the ‘popular’ will, like free trade and a more stable government. In a society of ignoramuses and happy go lucky people, populism is a very dangerous one. Populism only appeals to the emotions and passions of its citizens than critical thinking.

In the Philippines, popularity is everything because of a lack of intelligence and true substance in our culture and society. Our elections are examples of the Philippine ‘democracy’, so is our media which only protects the interest of the powerful political families which are still dominant for 300 years.

According to Josh Avinante, the Philippines was not a conquered nation, rather it was a collection of vassals who vowed allegiance to the King of Spain. This system is called Feudalism.

The Spanish authorities had merely created a central government called the Philippine Islands or the Spanish East Indies, while the local chieftains, rajahs and nobles were allowed to retain their positions in local government, which in turn became the Principalia class.

The nobles which revolted against the central government in Manila wanted to split the islands into their own personal kingdoms before the colonisation were swiftly defeated by the Philippine Army, under Spanish command.

At the turn of the 18th century, a new class called the Ilustrados had emerged. These men starting from Luis Rodriguez Varela’s Los Hijos Del Pais (Sons of the Country), they began to advocate secularisation which had angered the frailes which in turn became very powerful and committed abuses just to preserve their power, government reform by representation to the Spanish Cortes, human rights, equality before the law, freedom of the press and other revolutionary ideals which sprang from the French and the American Revolutions.

The movements gained attention. The Ilustrados, the Principalia and the Creoles have began to demand liberty from Spain following the independence wars in Latin America. The authorities in Madrid instead had flocked the Peninsulares, which were notoriously incompetent to take the higher positions in the colonial government. The combined elite had unsuccessfully started 3 uprisings namely the Novales revolt which had resulted to the exile of Varela, the Palmero Conspiracy of 1828 and the failed uprising by La Madrid in 1872, which had resulted to the execution of the GOMBURZA.

You know what happened next, namely the Revolution of the Manila elite against Mother Spain which the elite had carved the Philippine Republic out of the Spanish Empire.

These elites became the trapos and the local oligarchy, still lurking in the industrial age and refusing to advance to the information age of globalisation. Thanks to the mainstream media, the people are ignorant about the truth behind the positive facades propagated by networks with close ties to political families.

The Philippines will still remain as a failed country with a failed  society as long as its people will still oppose reforms and changes. Our collective refusal to move forward and do something to fix the problems of our country is the main reasons why we will still remain a banana republic.

Deal with it, the tired old argument of fixing yourself first is now obsolete. If you have already fixed yourself, what will change? Nothing!

What will you expect from a poor, lazy and ignorant person? Change? Are you crazy? They cannot even read more than 5 sentences and even some people can’t even finish reading this article of mine.

We need to remove our deluded conformity as the norm of our society, instead we need to question the authority that rules over us if their policies are horribly wrong. Unless no one will speak because of fear, nothing will change. It will just cement their power and influence.

How can you expect the youth to be the future of this country if they themselves don’t even know the true history and our cultural dysfunction? The youth in this present generation is the manifestation of the collective failure of the system, the society and Filipinos as a whole.

Couple that  with religious bigotry and fanaticism by the decadent clergy, it produces a twisted logic. The recent news is absolutely pointless, it only satisfies the delusions of grandeur by Juan.

Poor Stupid Juan, when will you change? When you are dead? The Philippine society and culture is now hell as predicted by Quezon 80 years earlier. Do we need to destroy the culture of the country that tolerates the backward tendencies of our people?

As always shown by teledramas

Abangan ang sususnod na kabanata

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One comment on “Da Pinoy Chronicle: On The 7.1% Philippine GDP Growth Rate

  1. Joshua Cuyos
    November 30, 2012

    LOL! The first thing that came into my mind when I saw AbNoy’s picture here is that “Wow, itsura palang, AbNoy na Abnoy na!” 😛

    Sigh, somehow I’ve pretty much realized that we really need to get rid of these stupid, incompetent elites who block economic freedom once and for all in order to make way for people who will bring REAL reforms. But then, I don’t know if there’s a way to do so in this current age, considering that they have been there for a very long time starting from the S-panis period; meaning their foundation in this society has been reinforced in time, making it seem impossible to get rid of them. Sometimes, I think that this country is already damaged beyond repair, and the only way left to fix it is to go back in time and fix every anomaly while it’s still premature, such as getting rid of the ancestors of these trapos (especially Ysidra C.); or maybe even making the British win against the Spaniards when the former tried to conquer the Philippines. If so, heck, we may be experiencing the same economic growth as, say, India, Malaysia, and Singapore.

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