Sunday, April 8, 2018

TRILLIONS PNOY GOV’T MUST ACCOUNT FOR!


Image result for images for noynoy aquino

I saw a youtube video of supposed Leni Robredo supporters in London denouncing former President Marcos in their gathering. Even if the former President HAD NOTHING TO DO WITH Leni and the raging issue is electoral fraud in the vice-presidential race between Leni and Bongboing Marcos.  And NOT the Marcos era.

So before anyone forgets, here’s the bigger issue about the Marcoses’ top political foe Noynoy Aquino. These are excerpts from http://manilastandard.net/news/top-stories/199800/aquino-to-leave-p6-4t-debt.htm:

ASIDE from a host of problems, President Benigno Aquino III will leave the next president P6.4 trillion in outstanding debt, P4.16 trillion of which was borrowed during his term, the Freedom from Debt Coalition (FDC) said.

“Divided among the projected 103 million population, each Filipino now owes a sum of P62,235.26, plus P4,251 in government-guaranteed debts,” Tadem said. According to World Bank data, the Philippines had a debt of $66,383,249,000 in 2011 which steadily ballooned to $69,874,337,000 in 2012, $66,870,514,000 in 2013 and $77,658,912,000 in 2014.”

Now, anybody correct me if I’m wrong:  NO major infrastructure project was completed during Noynoy’s presidency.  Take note, MAJOR. In fact, government underspending was the reason given by the Aquino Government in creating the Disbursement Acceleration Program (DAP).

But despite the underspending, government-owned or controlled corporations and revenue generating agencies NEVER STOPPED POURING BILLIONS AND BILLIONS into state coffers – Pagcor, Philippine Charity Sweepstakes Office, Bureau of Customs, Bureau of Internal Revenue, Manila International Airport Authority, SSS, GSIS and a lot more. Add to all these the various fines we pay for our government needs like permits, drivers’ licenses, vehicular license plates and land registration.

And UP TO NOW, NOBODY from the Noynoy administration can produce DETAILED BREAKDOWNS or can declare TOTAL LIQUIDATION of government rehabilitation funds (and donations) for victims of super typhoon  ‘Yolanda,’ Malampaya fund, conditional cash transfer funds, LRT and MRT earnings and state assistance funds and more.

So just one question: WHERE DID ALL THESE MONIES GO TO, ESPECIALLY THE P4.16 TRILLION? Clarifications are welcome. Just be sure YOU HAVE DETAILS. 30


1 comment:

  1. Our justice system is inutile because they are part of the corruption that plagues our judicial processes that condones with the criminals because of money, money money and more money. Senate keeps on investigating cases after cases of corruption but a full blown indictment never happened. The police and military are totally dependent thus cannot act alone to arrest anyone without the consent of the political hierarchy whom they owe their allegiance to. Take for example the arrest of the Korean woman president who was removed by the police authorities because of corruption and put to jail in a very swift manner. Even the Samsung magnate was jailed in an apparent part of the conspiracy without lengthy hearings and investigations.

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