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The Truth Pinoy Oligarchs and Political Elites Don’t Want You to Know

December 1, 2012

“A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murderer is less to fear. The traitor is the plague.” Marcus Tullius Cicero

  • NOTE: I posted the following note as a Facebook status after watching the YouTube clip above.

Pity, millions of us naively think the ongoing and worsening Filipino diaspora is just part of Philippine reality. That is… just a natural occurrence. Part of reality? It is. Natural occurrence? Absolutely NOT!

Did you ever ask yourself what really, actually caused (or is causing) this ‘social hemorrhage’?

Social scientists, researchers and economists have established the correlation between extreme poverty and migration. But I have yet to see a study that investigates the link between our failed welfare, protectorate statism and diaspora/brain drain.

This is what most pinoys don’t know and take for granted: While RP upped the level/degree of its welfare statism and protectionism in the 1980s, many formerly socialist -or ‘socialistic’ – Asian countries (e.g., China, Hong Kong, South Korea, Singapore, etc.) opened their economies to foreign investors.

Since 1979, China (under the rule of its ‘pragmatic’ leader Deng Xiaoping) betrayed Maoism and embraced an ‘open door’ policy. Of course China retains its socialistic “political structure” (e.g., one-party system, central planning, etc.), but in terms of some of its economic structure and policies it is actually MORE ECONOMICALLY FREE than the Philippines. Foreigners and Filipinos can own up to 100% equity in land and business in China. Also, many Chinese provinces compete for FDI by lowering their tax rates and relaxing their economic policies.

Both Singapore and South Korea also eagerly welcomed foreign investors.

My theory is that RP was considered economically stable from the 1940s to 1980s (stronger peso and lower unemployment) due to the following reasons:

  1. US was RP’s trading partner. The most defiled and hated ‘parity rights’ by the leftists and political ignoramuses was a actually great idea. Our lawmakers had to adopt that policy because in the first place, they wanted to keep foreigners away from our shore! But parity rights expired with the end of the Laurel-Langley Agreement in 1974, and many land-owning Americans were forced to forego ownership of their lands. The Americans should have done the same thing to non-American Filipino citizens in USA!Technically, Filipinos living in USA TODAY enjoy the same PARITY RIGHTS given to Americans from 1930s to 1974. Many free economies give the same ‘parity rights’ to any Filipinos who posses financial and technical capabilities to exploit their resources! See? This country was founded by idiots and diploma-toting morons!
  2. ‘Almost’ the rest of Asia was ‘socialistic’. Japan, China and most of today’s economic tigers were all dogmatic practitioners of protectionism or economic socialism.
  3. That means there was lack of economic competition among states in Asia. The freest country achieved the most. Definitely RP was one of the freest during those forgotten years.

But everything changed in the 1980s. The formerly protectorate Asian economies gradually embraced free market policies. Singapore is the best Asian model of ‘limited government’. In fact, Singapore’s current PM recently said (TAKE NOTE, economics and pol sci students):

“We have started with very minimal welfare and we’ve gone on the basis of growth and high employment and low unemployment. If you’re out of a job you can find a new job. You will get help but the help is not something you’re absolutely entitled to. We have to adjust that without going overboard and ending up where the Americans are or the Europeans are or where the New Zealanders were.”

So, why are we not happy with the result of our collective madness? THIS IS THE PATH WE AS A PEOPLE CHOSE… We voted for it through our expressed support or inaction. Why are you protesting? Why are you crying? You should be happy! What we have and see today is the ULTIMATE RESULT of our ‘collective’, national choice. Don’t blame your politicians. Blame yourselves!

Let me ask you the following questions:

  • Are you one of those who hated/hate ‘parity rights’?
  • Did/do you support protectionism or limiting foreign investment or foreign professional participation in this country?
  • Do you believe that allowing foreigners to own up to 100% equity in land/business and to practice their professions here constitutes ‘colonial mentality’?

If your answer to these three (3) questions is YES, you must be a USEFUL IDIOT.

NO! Don’t tell me you’re a college graduate (or a product of **!). Your diploma is useless!

PLUS, if your parents or some of your close relatives have investments or freely practice their respective professions in USA or abroad, then for god’s sake – and for the benefit of this failing nation – PLEASE COMMIT HARA-KIRI (especially when your education was government-subsidized).

Indeed, our protectionist laws and failed welfare system created not only a modern-day economic prison that benefits only the politically powerful and politically connected (e.g., oligarchs and cronies), but also a 21st century version of indentured servitude that pushes or forces the poor and unemployed to take menial jobs as domestic helpers and laborers abroad.

“If a nation expects to be ignorant and free, in a state of civilization, it expects what never was and never will be.” – Thomas Jefferson

  • Here’s a very interesting history of slavery in America. How did a black man become America’s first slave owner/driver by convincing the court he owned his indentured servant (domestic helper) for life?

RELATED BLOG POSTS:

That Protectionist Winnie Monsod!

The Best Solution to PH Poverty: Economic Freedom

Understanding the President’s Economic Czar

Philippine Constitution Versus Economic Freedom

Myanmar Now More Economically Free Than RP

Former UP Econ Dean Fabella’s Gibberish About RP’s Low Foreign Investment

Singapore’s PM Lee Hsien Loong to PH’s Malthusian Economists and Intellectuals: ‘You Got it All Wrong, Stupid!’

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11 Comments leave one →
  1. GabbyD permalink
    December 1, 2012 3:38

    hold on. so you do agree with this: “If you’re out of a job you can find a new job. You will get help but the help is not something you’re absolutely entitled to. ”

    that the government should help people get a job? how should the govt do that?

    • December 1, 2012 3:38

      That’s not what he exactly said. The context of his statement does not imply the government must provide the job; it’s the market or the private sector that will provide it.

      • GabbyD permalink
        December 1, 2012 3:38

        huh? i didnt say that the govt provides the job.

        he said that the government HELPS you get a job.

        how does/should the government HELP you?

      • December 1, 2012 3:38

        Here’s the actual quote in case you couldn’t understand it:

        “If you’re out of a job you can find a new job. You will get help but the help is not something you’re absolutely entitled to.”

        Key words: “Not”, “absolutely”, “entitled”.

        He said the jobless “can find a job” (it’s Singapore, anyway!). He didn’t say: “the government will help you find a job”. If you can’t find a job in the freest (or 2nd freest) economy on earth, which is Singapore, then it MUST BE YOUR FAULT!

        It means that while you need “help”, you’re NOT absolutely entitled to it. He’s not referring to the government as provider of jobs; he’s referring to any one who may want to help, like private individuals and businesses.

        It’s like I’m dealing again with a three-year-old kid. ;-)

      • GabbyD permalink
        December 1, 2012 3:38

        the key word is HELP.

        how does the government HELP?

        you claim: “He didn’t say: “the government will help you find a job”. ”

        yes he DID say that.

        you write :”It means that while you need “help”, you’re NOT absolutely entitled to it. ”

        huh? he said “You will get help ” — i.e. you WILL RECEIVE HELP.

        finally, i love this: “He said the jobless “can find a job” (it’s Singapore, anyway!). ”

        singapore has unemployment. is it their fault they are unemployed?

        does the govt help the unemployed in singapore? yes! a cursory search easily reveals:

        “An unemployed Singapore citizen when facing financial difficulties
        can get help by applying to a variety of community assistance programmes which are
        supported by the government. There are some financial assistance schemes which
        he/she can apply for: Public Assistance Scheme, Interim (Short Term) Financial
        Assistance, Rent and Utilities Assistance Scheme and Medifund. “

      • December 1, 2012 3:38

        Suit yourself then…

  2. GabbyD permalink
    December 1, 2012 3:38

    ok. at least its clear that you dont really agree with the prime minister. you just selectively picked what you wanted from the quote.

    thats cool. you can do that. but its a good idea to clarify that thats what happened.

  3. December 2, 2012 3:38

    Hey bro! Great stuff on the philosophy side of Classical Liberalism! I’ve been reading stuff on von Mises lately and I think the government’s fiscal and monetary policy are Keynesian by nature. Sad thing is, von Mises tells us that this causes the an artificial boom in the short run and will eventually collapse. I think we’re experiencing some short run effects of the government’s fiscal and monetary policy (Star reports the economy grew by 7 or so percent) but I think in 3 or 5 years we will see a collapse. The real estate sector in particular seems to be going through an artificial boom due to the Central Bank’s intervention in the interest rates by lowering it to less than 1 percent —will we see 1997-type crisis before 2020???!!!. Should we be worried (or giddy if you are the shrewed type)??? Hehehe Anyway, my thoughts lang…

    Also pala, I think JPE and Belmonte were right before when they advocated revising the 1987 Charter and getting rid of all the “socialistic” (Belmonte’s own words published in the papers, yes!!!) provisions. Could this be the start of a libertarian movement in Congress itself…?! :D Sadly, walang support sa Upper and Lower Houses so it went away… Boy that was one big c*ckblock if there ever was one…. hahahah :(

  4. Janet permalink
    September 16, 2013 3:38

    If the Philippines let foreigners have 100% ownership of land here, it will only take a few years before the whole country is bought! What we need is more local jobs, our own factories, etc – industrialization as well as self sufficiency. We used to have a booming economy until the 1980′s when Cory got into position. She, like a stupid puppet, destroyed everything, even the good ones that should have been kept, that Marcos has started. Then came Ramos who continued what Aquino had begun. If only our people were educated well enough, they could have voted for good candidates that could have eventually lead our country to success.

    I agree with most of what you’ve said though. I’m just against foreigners owning our lands.

    If our leaders don’t change their self-serving laws, and start thinking for the good of the whole country anytime soon, then I think it’s time for a bloody revolution. No more peaceful rallies that only result in politicians who aren’t afraid of committing immoral decisions without impunity. I’d like to see one of these corrupted swines get assassinated in cold blood for once instead of always hearing about decent and law abiding officials getting killed in “suspicious circumstances.”

Trackbacks

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