Musugot Bakang Ilisan Si Gma sa Iyang Pwesto?

[koki_da_great]

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para nako dli na angay ilisan c gma.pro kana iya issue sa corruption kana maoy issue.kinahanglan na ugkatun.kay para nako kung mag iliz mao ra man goro japon corrurtion na sad.good governance gyud unta,

[giddyboy]

Marcos had his moments. It was during his regime that we had our economic boom. It was only in the later part, when he hold on for too long that he crumble. for me, and only my opinion, he still is the most intelligent president we ever had. just my opinion.

like i said earlier, learn ur history lessons well. just because u can opine just about anything doesn't mean nobody can counter argue with those.

and what economic boom are you talking about? DO U EVEN KNOW THAT HE IS THE REASON WHY WE HAVE HUGE DEBTS UNTIL NOW?

yeah, Marcos had his moments but those moments are still hounding us like a ghost up to this very moment...and perhaps even to the moments of our children's children...(even up to now we are still paying the debts BIG TIME for that white elephant Bataan nuclear power plant!!!)

anyways, i will give u a bird's eye view nlng:

FERDINAND MARCOS

Economic performance during the Marcos's era was strong at times, but when looked at over his whole regime, it was not characterized by strong economic growth. Penn World Tables report real growth in GDP per capita averaged 3.5% from 1951 to 1965, while under the Marcos regime (1966 to 1986), annual average growth was only 1.4%.

Economic growth was largely financed, however, by U.S. economic aid and several loans made by the Marcos gov't. The country's foreign debts were less than US$ 1 billion when Marcos assumed the presidency in 1965, and more than US$ 28 billion when he left office in 1986. A sizable amount of these moneys went to Marcos family and friends in the form of behest loans. These loans were assumed by the gov't and still being serviced by taxpayers. Today, more than half of the country's revenues are outlayed for the payments on the interests of loans alone.

In an attempt to launch a national economic recovery program, Marcos negotiated with foreign creditors including the International Bank for Reconstruction and Development, World Bank, and the International Monetary Fund (IMF), for a restructuring of the country's foreign debts – to give the Phils more time to pay the loans. Marcos ordered a cut in gov't expenditures and used a portion of the savings to finance the Sariling Sikap (Self-Reliance), a livelihood program he established in 1984.

However, the economy experienced negative economic growth beginning in 1984 and continued to decline despite the government's recovery efforts. The recovery program's failure was caused by civil unrest, rampant graft and corruption within the government and by Marcos' lack of credibility. Marcos himself diverted large sums of government money to his party's campaign funds. The unemployment rate ballooned from 6.30% in 1972 to 12.55% in 1985.

Downfall

During these years, his regime was marred by rampant corruption and political mismanagement by his relatives and cronies, which culminated with the assassination of Benigno Aquino, Jr.

The Phil gov't today is still paying interest on more than US$28 billion in public debts incurred during his administration. It was reported that when Marcos fled, U.S. Customs agents discovered 24 suitcases of gold bricks and diamond jewelry hidden in diaper bags; in addition, certificates for gold bullion valued in the billions of dollars are allegedly among the personal properties he, his family, his cronies and business partners had surreptitiously taken with them when the Reagan administration provided them safe passage to Hawaii.

full article (PLS READ por dios por santo!!!):
Ferdinand Marcos - Wikipedia, the free encyclopedia

[r3roble]

pahumanon lang siguro na sya sa iya term oi...

i've heard from economist that when she (GMA) replaced ERAP, Phils. is in the brink of bankruptcy... so she made a fiscal policy to save our country... she is even one of the finest economist that our country has.

[giddyboy]

pahumanon lang siguro na sya sa iya term oi...

i've heard from economist that when she (GMA) replaced ERAP, Phils. is in the brink of bankruptcy... so she made a fiscal policy to save our country... she is even one of the finest economist that our country has.

i think so too (Gloria being one of the finest economist)... but taking fiscal performance aside, she (or people down the chain) still has a lot to answer on the corruption controversies hounding her admin.

now in contrast to what i earlier posted about Ferdie Marcos' fiscal performance:

Economy under Arroyo

Arroyo, a practicing economist, has made the economy the focus of her presidency. Based on official NEDA figures, economic growth in terms of GDP has averaged 5.0% during the Arroyo presidency from 2001 up to the first quarter of 2008.

This Arroyo's 5.0% is higher than in the administration of the previous recent presidents:

3.8% average of Aquino,
3.7% average of Ramos, and
2.8% average of Estrada.
(to add, a dismal 1.4% average of Marcos)

The Philippine economy grew at its fastest pace in three decades in 2007, with real GDP growth exceeding 7%. Arroyo's handling of the economy has earned praise from former "friend" and classmate in Georgetown, ex-US President Bill Clinton, who cited her "tough decisions" that put the Philippine economy back in shape.

Whether the official economic figures are accurate, or how they translate to improving lives of the citizens, however, is debatable.

A controversial E-VAT law, considered the centerpiece of the Arroyo administration's economic reform agenda,was implemented in Nov 2005, aiming to complement revenue-raising efforts that could plug the country's large budget deficit. The country aims to balance the national budget by 2010. The tax measure boosted confidence in the government's fiscal capacity and helped to strengthen the Philippine peso, making it East Asia's best performing currency in 2005-06. The peso strengthened by nearly 20% in 2007, making it by far Asia's best performing currency for the year, a fact attributed to a combination of increased remittances from overseas Filipino workers and a strong domestic economy.

source: wiki

[r3roble]

yes... the fiscal policy she made was the E-Vat law diay... ug wala pani, bankrupt na ang Pilipinas, tungod sa kadaku sa budget deficit nga iya lang nasunod...

[ceprince]

leave gloria alone. lolz. dili ko sugot woi. hapit na hinoon 2o1o. nag sugod nagani silag pangupanya. erap ari ari cebu. lolz.

[em_b]

history is always written from those who are in power. it is my opinion, and it is not even meant to challenge yours.

i know my history, maybe we just interpreted it differently. he was the first ruler to ever show the world philippines is capable to stand on its own. Its just poor thing that what is taught to youngsters today is only the negative side of him.

i dont intend to have a lengthy discussion here about marcos and all the things that i agree with his ruling. and i wont challenge yours because that is how you see it. forum is meant to be sharing of ideas, and if someone is not in line with your idea doesnt mean he or she doesnt know anything, but maybe, just dont have the same perception as yours.

[FKtemp]

bro, asking is different from "balibad". im just asking "what if?". i dont think na kng mo ask ka ana ky mo live na ka in fear. im justing considering the pros and cons...

sorry bro for the misunderstanding... i understand that kind of question as if GMA is the only option... that there is no hope beyond her.

well to answer your what if question... we can say that we made a mistake. If we vote for him/her because we believe in his/her capabilities then that's acceptable, but if we voted for the wrong reason, then i can say is we deserve it.

[giddyboy]

history is always written from those who are in power. it is my opinion, and it is not even meant to challenge yours.

i know my history, maybe we just interpreted it differently. he was the first ruler to ever show the world philippines is capable to stand on its own. Its just poor thing that what is taught to youngsters today is only the negative side of him.

i dont intend to have a lengthy discussion here about marcos and all the things that i agree with his ruling. and i wont challenge yours because that is how you see it. forum is meant to be sharing of ideas, and if someone is not in line with your idea doesnt mean he or she doesnt know anything, but maybe, just dont have the same perception as yours.

but u also have to admit gracefully ur wrong perceptions about Marcos. remember, i got his history from wikipedia. the article is not even from those who are in power. it's actually from a collaboration of articles from journalists, historians, etc...now u tell me honestly if the article from wikipedia about Marcos is not accurate, factual, and verifiable.

i know u interpreted it differently, but it doesn't mean it is the right interpretation...that's how forums work my friend...i do respect ur opinion but it doesn't mean I cannot counter argue w/ those.

and why insist only on Marcos' positive notes when clearly it is drowned unfortunately by his wrong doings? op kors, we (and the youngsters of today) know his positive side, but his negative side is the most obviously dominant side that rules the perceptions of many.

now back to the topic: Mosugot ka bang ilisan c PGMA sa iyang pwesto?

YES, inig human na sa iyang term...LOLs

[peewee_toot]

pahumanon lang siguro na sya sa iya term oi...

i've heard from economist that when she (GMA) replaced ERAP, Phils. is in the brink of bankruptcy... so she made a fiscal policy to save our country... she is even one of the finest economist that our country has.

i agree with you bro.