Preventing unnecessary risky financial practices

In 2008, Wall Street recklessness causes the financial crisis that left eight million Americans unemployed and millions more with mortgages and retirement savings run into the ground. Businesses shut their doors and new graduates faced uneasy, unrelenting unemployment. In 2010, we passed reforms to make sure that Wall Street could never crash our economy again….

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Students who inspired me

[Editor’s note: This column is one in a series written by University of California President Janet Napolitano as part of a partnership with New America Media, whose members include this publication.] EARLIER this summer, University of California campuses granted bachelor’s and advanced degrees to 67,000 individuals, each with stories of personal aspiration and accomplishment. For…

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Due process

A FAVORABLE decision is expected soon from the Permanent Court of Arbitration in The Hague to strengthen the Philippines’ maritime case against China over its expansive claim in the disputed water of the South China Sea. The international court is expected to rule over the decades-long conflict soon. Citing peaceful resolution on the jurisdiction over…

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Duterte and the CPP- NPA protection racket

IF taxes are to be collected only by the government, then Rodrigo Duterte, incoming president of the Republic of the Philippines, actually acknowledges the existence of another government within the country: the Communist Party of the Philippines-New People’s Army. You see, the CPP-NPA also collects “taxes” from businesses and Duterte has publicly urged companies operating…

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Shootout

THERE has seemingly been a string of criminal incidents where police officers have instantly shot suspected drug peddlers and pushers upon encounter. Is change really coming to address criminality and the growing illegal drug trade in the Philippines? Or is this a ploy to clean up their ranks? It is unpleasant to see officers you…

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Advancing the cause of education

(Publisher/Editor’s/OpEd Editor’s note: The following is part of the statement released by the author about her acceptance of the offer from President-elect Rody Duterte to make her Secretary of Education. She is the lead convenor of Social Watch Philippines.) 1. All my life I have been exposed to the challenges of education in the Philippines….

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Terror attack

GRIM news of insurgency and terror attacks are thrust onto international headlines every day. Although modernization demolishes geographical barriers and moves the world toward an amalgamated economy, clashes among cultures continue to have a damaging impact on world peace and security. Because of cross-cultural ignorance, the essence of civilization is compromised. In one senseless act…

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The sizzle’s nice, now let’s taste the steak

Jess Matubis, who has worked under more Philippine presidents at close quarters than most broadcast journalists, recently posted the following blog by president-elect Duterte’s Agriculture Secretary- designate, Manny Piñol: “NO MORE JUNKETS, NO MORE FIRST CLASS TICKETS, NO MORE EXPENSIVE SUVS, NO MORE EXPENSIVE LUNCHES FOR GOVERNMENT OFFICIALS IN THE DUTERTE ADMINISTRATION “1. All officials…

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Minor hiccup

SEVERAL emerging markets in the world have experienced exceptional economic strides. These nations are mostly highly export-driven with strong inflows of capital and investment and well-capitalized banking institutions. Many emerging markets have already “emerged.” Now that it is no longer the “Sick Man of Asia,” it is high time for the Philippines to experience this…

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Turncoats

CHANGE is indeed coming. The transition of power to President-elect Rodrigo Duterte’s administration has become more apparent even in the incoming 17th Congress. In the House of Representatives, a Congress shake-up is currently ongoing after several members of the ruling Liberal Party have decided to curtail its “Tuwid na Daan” (Straight Path) engagement for Duterte’s…

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Foxes guarding the hen house

REMEMBER “C5 at Taga”? For the benefit of those with short memories, in January 2010, with the presidential campaign in full swing and Sen. Manny Villar leading in the surveys on presidential aspirants, the Senate debated a report recommending the censure of Villar “for improper and unethical conduct.” Villar, who owns one of the biggest…

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Separated

WHILE most of the country is joining the bandwagon of President-elect Rodrigo Duterte, the Church is keeping its stand and keeping a close eye on the incoming leadership. Earlier in April before he won the votes, Duterte has already shrugged off a possible support from the Church. He even warned Catholics to not vote for…

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X factor

“THOSE who kill my country will be killed. Simple as that. No middle ground. No apologies. No excuses,” incoming President Rodrigo Duterte warns, as he is bent on giving the country the facelift it needs as soon as he is sworn into office on June 30. Despite his snarky remarks and unconventional approach to politics,…

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Progress report

THE Commission on Elections (Comelec) proudly announced on Monday, May 9, that of the 54.4 million registered Filipino voters, about 40 million or  81.62 percent exercised their right of suffrage. This year has seen the fastest transmission of election returns since the automated poll was introduced in 2010. At 10:50pm on Monday, the transmission rate…

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The consequences of a Duterte presidency

“MABUHAY ang NPA!” Rodrigo Duterte has exhorted in his speeches. And Jose Maria Sison, Communist Party of the Philippines and New People’s Army founder has acknowledged Duterte’s promise that if he becomes president, the NPA will have one foot in Malacañang. Said Sison: “Sabi niya, kapag ako ang presidente, isang paa ng NPA nasa Malacañang…

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Black propaganda in Philippine politics

Political jousts in this country are eternally exciting, entertaining, somehow also enlightening and, from the point of view of those who become objects of vicious black propaganda attacks, absolutely infuriating. Remember the malicious tag of “Brenda” hurled against a leading presidential candidate a few years ago that was intended to put her mental faculty in…

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Deguito denies money laundering raps

MANILA—Former Rizal Commercial Banking Corp. (RCBC) branch manager Maia Santos-Deguito denied on Monday, May 2 the money laundering charges filed against her in connection with the $80.9 million stolen by hackers from the Bangladesh Bank and laundered to the country. In a 15-page counter-affidavit, Deguito asked the Department of Justice (DOJ) to dismiss the complaint…

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