PH SINKING DEEPER INTO DEBT UNDER PNOY!

The Philippines is SINKING DEEPER INTO DEBT, local and foreign, under Pnoy.

WITHOUT ANY SPECIFIC DETAIL on where the money went, or is going.

The Philippine Daily Inquirer reported that the government’s debt stock rose to P4.99 trillion as of January, increasing by P42.1 billion or 0.9 percent from the December figures.

With NO NEW major infrastructure projects, CONTINUOUS TAX COLLECTIONS and billions more in earnings from government-owned and controlled firms like Pagcor, our debt still INCREASED by P42.1 BILLION.

SAAN NAPUNTA ANG PERA? NASAAN ANG BILYUN-BILYONG KINIKITA NG PNOY GOV’T, AT ANG MGA INUTANG NITONG BILYUN-VILYUN DIN??

What is our assurance that the monies are not being STOLEN?

The Bureau of the Treasury told the Inquirer that the debt increased because the government INCURRED MORE NEW OBLIGATIONS  than what it had settled.

What new obligations? For what and for whom? Where did the money go?

The Inquirer report said foreign borrowing increased by P38.1 billion from December alone, mainly because new loans incurred by the government were higher by P64.28 billion compared to the ones it had paid off.

WHAT ARE THESE NEW LOANS FOR?

Saksakan ng yabang ang Pnoy Admin na maganda ang takbo ng ekonomiya, maraming cash ang gobyerno, maraming investors. BAKIT LALONG LUMAKI ANG UTANG NG BANSA, NG BILYUN-BILYON?

Even a college economics student knows that if a country’s economy is really doing well, the government will be able to REPAY MORE DEBTS.

But in our case, Pnoy says our economy is doing well and yet the country is being PLUNGED DEEPER and DEEPER into borrowings for NO VISIBLE  and beneficial purpose.

Unless Pnoy or his boys can account for all these billions in increased debt in crystal-clear details, PUBLICLY, we have been paying and suffering for the MOTHER OF ALL PLUNDERS ladies and gentlemen.

Since God knows when.

To the Black and White Movement, BIIR boss Kim Henares and all other supposed guardians against graft and corruption:

Ngayon ninyo ipakita na mga TUTOONG TAO KAYO, na talagang para sa MALINIS NA GOBYERNO KAYO at hindi mga BAYARANG MANINIRANG PURI ng kung sinong Poncio Pilato.

I hope you won’t take this lightly, people, because IT’S US, NOT PNOY OR HIS BOYS, who will keep on paying these debts WITH OUR TAXES.

With the population estimated to have reached some 96 million as of last year, every single Filipno now owes the country’s creditors P52,013.each.

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From our friends:

NOTHING TO WQRRY ABOUT SCARBOROUGH SHOAL

ROMEO UY of North Las Vegas, Nevada, USA

Boyet ,I hope you agree with me that the Chinese are just bullying our country. Their intention at Scarborough is for us to go into a joint agreement with them on oil exploration. They know we don't have the capacity to fight them so they are bullying us. They are claiming that the island is part of their historical ownership. We have more right to claim ownership because it’s only 124 nautical miles away from the Philippines, but more than a thousand miles away from them.

TIMOTHY CHRISTIAN TE

The Chinese had fleets of ships back then that could span the distance from the mainland to the shoals, and I wouldn't exaggerate "a thousand miles" since it's only 600 miles from the Philippines to China. They very well may have discovered those islands and laid claim on them a few hundred years ago but the UN treaty they signed pretty much nullified that claim. The Chinese will never attack the Philippines. They can't risk alienating the whole world over a small patch of land, resources or no resources. It's all about posturing. The Chinese will show that they will protect what they consider their own and the Philippines will do the same. If there ever was a joint agreement, I'd say take it. The Philippine Government will never get through all the corruption and bullshit to fully exploit the resources. It'll just fall as another failed project with politicians pocketing the money. While an international joint venture will always be monitored closely by both parties, making sure that one side is sticking to his word.

PATER DEL ROSARIO

Ang dapat gawin ng goverment ay alisin na ang ugnayan sa China. Palayasin na rito ang buong embahada ng Pulahang China.

PNOY BLACKMAILING MINDANAOANS, PROTECTING INCOMPETENTS!

TOOTS SYLED of Scottsdale, Arizona, USA

JUNK all the LP candidates in Mindanao this coming election!

LETTY ARCILLA

Diyan magaling si Penoy, sa pangba-blackmail! Perfect ang score niya diyan! 30