MERGED: All About Hacienda Luisita and related issues

[chinwin]

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dili na jud matagaan ug justice ang hacienda luisita ani

[gareb]

noy2x only owns 1% of the entire hacienda,dili cya tag iya ani nga tibouk luna

that is largely irrelevant now considering that he is already the president. the power to turn over the ownership of the Hacienda Luisita to the rightful owners, the farmers, are at his disposal.

if there is any issue that would define the Aquino administration's political will in itsdedication to the people, this is it.

[Keshie2010]

What if ani na situation, mo share siyag bisag gamay na yuta sa mga farmers nato kay tungod atong el nino grabi na loss nato ato.. luoy ayo atong mga filipino farmers ato na time..

[dodong69]

that is largely irrelevant now considering that he is already the president. the power to turn over the ownership of the Hacienda Luisita to the rightful owners, the farmers, are at his disposal.

if there is any issue that would define the Aquino administration's political will in itsdedication to the people, this is it.

kinsa man diay ang rightful owners sa Hacienda Luisita?
i think its the family of Late Pres, Cory Aquino man tingali kana sila Peping Coungco man ang owners ana! unsa may labot sa farmers ana? mao nay naka daut,tagaan na ug trabaho aron makakaon ang pamilya... gusto pa gyud mo ankon daun sa yuta bisag dili ilaha.

[mata_hari]

kinsa man diay ang rightful owners sa Hacienda Luisita?
i think its the family of Late Pres, Cory Aquino man tingali kana sila Peping Coungco man ang owners ana! unsa may labot sa farmers ana? mao nay naka daut,tagaan na ug trabaho aron makakaon ang pamilya... gusto pa gyud mo ankon daun sa yuta bisag dili ilaha.

the rightful owners are the farmers... The Cojuangco-Aquino family has been running an estate of 6,453 hectares, Hacienda Luisita, since they bought it in 1958. Jose Cojuangco Sr., Cory’s father, received large loans to buy the hacienda, on the condition that it would be distributed to the farmers by 1967.

1967 passed with no distribution taking place.

The government asked the Cojuangcos several times to distribute the land. Each time, the Cojuangcos’ response was: They could not distribute the land because there were no tenants on the hacienda.

In 1980, the Marcos government filed a case against the Cojuangcos. Five years later, the Manila Regional Trial Court ordered the Cojuangcos to sell Hacienda Luisita to the Ministry of Agrarian Reform so that it could be distributed to the farmers.

The Cojuangcos appealed against the court’s decision.

During Cory’s election campaign, she and her family promised that if she became president, the hacienda would be distributed to the farmers.

Cory said, “Land-to-the-tiller must become a reality, instead of an empty slogan…. You will probably ask me: Will I also apply it to my family’s Hacienda Luisita? My answer is yes.”

Then Cory signed her land reform Law, the law included an option, which allowed land owners to give farmers partial ownership of a company instead of distributing the land. In other words, the farmers would receive shares of stock instead of land.


Hacienda Luisita Inc., the company created by the Cojuangcos, was 33% owned by the farmers and 67% owned by the Cojuangcos. The division was based on the capital the two groups put into the company.

4,916 hectares of land, which was valued at P197 million, or P40,000 per hectare, was considered the farmers’ capital.

Non-land assets, which were valued at P394 million, were considered the Cojuangcos’ capital.

(P197 million is 33% of the total capital, while P394 million is 67% of the total capital.)

67% ownership meant that the Cojuangcos would still have full control of the company.

The problem is, there is something wrong with those numbers. Many things that were included in the Cojuangcos’ capital should have been included in the farmers’ capital. The most important of these things were:

1. Crops valued at P103 million.

2. Part of the land worth P28 million, which was transferred from Hacienda Luisita Inc. to its sugar mill.

3. 121 hectares of “residential land,” which was valued at P60 million, or P500,000 per hectare. (The year before, this was valued at only P55,000 per hectare.)

4. 266 hectares of “land improvements,” which were valued at P58 million, or P219,000 per hectare. (The year before, these were valued at only P21,000 per hectare.)

If the above items had been counted as farmers’ capital, the company would have been 75% owned by the farmers and 25% owned by the Cojuangcos.


To make things worse, the 33% ownership would not be given to the farmers in 1989. Instead, it would be given over a period of 30 years. The farmers would receive only 1/30 of their shares at the end of each year.

Also, the distribution of shares would be based on the number of days the farmers worked. This means that if a farmer quits or was fired, he or she would stop receiving shares. If the number of working days was reduced, the number of shares distributed for that year would also be reduced.

This arrangement was illegal. According to the law, the shares should be distributed within 60 days of the implementation of the stock distribution option.


so, do you think that was fair enough? but we will just wait and see, Pnoy promised to give the land by 2014. we'll just have to wait and see.

[gareb]

thank you mata_hari for that. you saved me a lot of time explaining everything.

dodong69 for more information, you might want to check out GMAnews' special article on Hacienda Luisita.

[sizzlingROBOT]

As expected.

[dodong69]

mata2x sa hari- taasa pud ana tubag nimo sa akong question oi! hehe
still am not convinced. why should i give the property which i owned? i payed for that property tapos kuhaon sa farmers? why? kung ikaw si Mr. Jose coungco sr. ihatag kaha nimo na sa mga farmers bisan ug usa ka kusing wala makahatag para ibayad sa loans nimo? its easy for you to say kay dili man ka tag-iya. pero ug imo kaha ni hatag nimo? cguro mo ingon gyud kag yes kay wlaman hehehe but kung naa aw that i dont know.

[Jerry Michael]

P-Noy will be loyal to his class...just like his mother. He will be serving the interest of the ruling class & the monopoly capitalist.

[kenites]

Tnx mata-hari for the info
klaro man diay nga dili ni sa mga cojuangco but sa mga farmers
ngano nga ila man jud angkonon..hahayyzz..greed...