Wednesday, February 29, 2012

So, lawmakers want to amend FCDA? Plunderer's answer: Hey stupid, We Find Ways!


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Here we go again. Politicians and mainstream think tanks are batting to pass amendment of RA 6426 or the Foreign Currency Deposit Act. Technically they want to kill it.

The lawmakers and their avid supporters blame FCDA for the headache the prosecution gets on its failure to open Corona's dollar account for scrutiny. The culprit they say is that FCDA provides absolute confidential nature to any foreign currency account against any disclosure not approved by the account holder. Thus they feel incapacitated on their campaign against government corruptions.

These "thinking" people contend that once they revoke FCDA, they are one step closer at solving government corruption. By some common sense, they foresee that the current Corona dilemma could be avoided. Corruption could then be solved. Hurraaah! Excellent idea? No. Not even close. It doesn't show  anything logical.

Tuesday, February 28, 2012

What does Golden Rule exists for?


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Who needs the Golden Rule? Certainly not everyone. The Buddha or the enlightened one doesn't need one. Golden Rule is only for those in need of a sticky reminder specially at times of almost intolerable situation, wherein one needs to remind own self to try really hard not to cause ruin to others, both in action and intention, except in self-defense. Willful act of injuring other men or retaliation  is a big no if Golden Rule is to be followed devotedly.

The Buddha no longer needs Golden Rule for himself obviously. There is a simple reason for that.  He already realized  the spontaneity of everything including Golden Rule. Having fully understood the truth of his Being, the Buddha is already free from the struggle of making an effort to abide by the Golden Rule. Interestingly, the Buddha is already the embodiment of the Golden Rule. For him, everything flows not by effort or willful exertion or vigilant self-restraint but everything including love, compassion and respect goes on and on so naturally like a breath. 

Saturday, February 25, 2012

God clarifies his position about Religion at last! God called me on my phone.


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I had a brief phone call from heaven. God wants to issue his official statement to clarify his position about religion once and for all. Here is a MonkeySocietyblog exclusive:

I, the Almighty God, have no bitter feelings against religion. I want emphasis on that this early. I want religion to exist as long as possible. And I have reasons why:

First, though religion comes in varieties, it was really successful at UNIFYING the  people. The proof is that everyone is now unified in one mindset of genuinely screwing one another.

Each kind of religion claims the true God is in them. Then they  kill  each other over the idea. Killing became a holy passion in my name. Religion taught them so. And in cases wherein a man violated someone for personal reasons, his church taught him to just ask for forgiveness afterwards and everything will be just fine. Forgiveness of course comes in unlimited supply.

Wednesday, February 22, 2012

About MonkeySociety (surviving in a society ruled by monkeys)


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MonkeySocietyblog is an attempt to spread the message of individual liberty using the kind of spirituality the Buddha had taught people in ages.

MonkeySociety is a metaphor for a backward-thinking society. The term "backward thinking society" is a vague idea. There is no clear calibration from where the "backward" thing can be seen to begin. But there is an unwritten rule for it I think. A rule that can't be well described and expected not to be agreed upon by all men. It means only one thing and that is it uniquely depends on the person making such evaluation. In my case, it is I who holds the idea how backward my society is. In my viewpoint shall reside the basis of judgment when to call my society a backward society or in this blog's theme, a MonkeySociety.

Tuesday, February 14, 2012

Do Chiz and Jinggoy think plunderers are dumb?


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I have to be frank. Government thieves and plunderers are far more smarter than some of the lawmakers believe. Giving an excellent example is not that difficult. I just have to look for shortsighted bills to determine who's the shortsighted author of it.

There are Philippine lawmakers who are pushing amendment bills which they thought could finally solve the rampant corruption in government. At present it is somehow still safe for Filipinos to keep a bank account with less fear of bank disclosure without their consent. One type of bank account that still enjoys 100% protection by the law against unlawful disclosure is the foreign currency account, e.g. dollar accounts. As provided by Foreign Currency Deposit System Act or  RA 6426, dollar accounts couldn't be opened for any reason unless the depositor allows it. Section 8 categorically states that "all foreign currency deposits" are "considered of an absolutely confidential nature" unless the depositor agrees to divulge its content.

Sunday, February 12, 2012

Criminals are not STUPID: My reaction to Boo Chanco and Senator Chiz Escudero


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I have to rephrase the title: Corrupt government officials are not numskulls. They have optimum mental capacity to do what they do.

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The impeachment tribunal is having hard times opening Chief Juctice Renato Corona's dollar account at PS Bank for scrutiny. And the culprit? RA 6426: the Philippine Bank Secrecy Law. Section 8 categorically states that "all foreign currency deposits" are "considered of an absolutely confidential nature" unless the depositor agrees to divulge its content.

Friday, February 10, 2012

Am I Nuts? I have no plans sending my kids to college.


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College degree will not make everyone rich. This is not false for me. Not few got rich even without a college degree. Not few, too, got their college degrees yet ended-up not getting richer. I am not inclined to say which one I belong. Either of the two is a reality I see everyday.

Though I am as nuts as anyone would think, I am not embarking on a serious plan for my kids on their not-so-distant college days. While others consider going to college as a grand Plan A (or to many the only plan they have), I decided why not go to my grand Plan B instead?

Friday, February 3, 2012

Can you name the Biggest Corporation in the Philippines?


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Cutting back the government size

cor·po·ra·tion/ˌkôrpəˈrāSHən/

Noun:
  1. A company or group of people authorized to act as a single entity (legally a person) and recognized as such in law.
  2. A group of people elected to govern a city, town, or borough.
In terms of workforce, government is on the top of the list. Forget who's second. A  private company's number of employees is just a junior booger in size compared to government.

I can not possibly give a definite answer how many public employees are there. What's available are just approximations. And that is one of the reasons why I say government is really that huge. Compared to private corporations, government is just too big you can't count how many people are in there working to keep the government running.

Thursday, February 2, 2012

Milton Friedman - Four Ways to Spend Money


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Here is a Milton Friedman valuable insight. Four ways to spend money:

1. Spend your own money for yourself
2. Spend your money for sombody else
3. Spend somebody else's money for yourself
4. Spend somebody else's money for somebody else

Of all these, what our government is very good at is the fourth way.

Anyway, let's begin with the first item. When you spend your own money for yourself, the tendency would be, which is true all the time, you want to have the best services and goods in

Did you ever care what this number represents? PhP4,898,340,000,000.00


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That's our Philippine national debt! Clap! Clap! Clap! Both foreign and domestic combined.

As of October 2011 our Government National Debt is at a staggering PhP4,898,340,000,000.00 (P4,898.34 Billion or P4.898 Trillion). And with the current population of 95,000,000.00, every Filipino is unconsciously indebted PhP51,562.00!

They have no plans of lowering it. The Bankers own this country. The bigger the debt, the merrier for them. Strictly business folks. And I am not excited about it. In fact I am furious about it. Imagine, my kid who turns three on her next birthday, who knows nothing but to ask for lollipops and still pees in her pants sometimes has ALREADY owed the bankers and creditors PhP51,562.00 and COUNTING!

I have intelligent and handy plans how to erase the PhP51,562.00 per capita debt over my head:

1. To make the per capita debt to a very manageable level of PhP1.00 only, increase the current Philippine  population 52 thousand folds, that is by easy arithmetic of current population multiplied by current per capita debt (95 million X 51,562). getting couples to do the ultimate ultra active procreation activity is by way the easiest part. yeeppee! But not to mention possible genital sores every couple could get, feeding the new breed is the hardest thing though (shrugs).

2. Have my things packed and go to Sierra Madre where I can hide from government tax collectors for life. I may get mud on my feet and nails, stinky odor, plant camote, but I will be happy giving those tax collectors headaches guessing where I am. You see guys? I love tax evaders. =) I have a lot less to worry about these things. I don't have to spend my whole life with an income deducted with so much taxes.

3. Wish upon a shooting star that good mother fairy will come and wave her magic wand. POOOOFFF!!! here's your PhP51,562.00 children. Nah! It ain't happening at all. Good mother fairy never trusts Filipinos when it comes to money. She doesn't like pickpockets and certainly no to Keynesian politicians and bureaucrats.
4. Pray for an earth-bound gigantic asteroid to hit earth fast and see whats happens next.

Don't worry folks, our government can do the things they are very excellent at doing: more foreign debts for welfare. They could do this by selling global bonds and other forms of government securities. All in the name of citizen's well-being. Anyway, when the government successfully sold $1,000,000,000.00 global bonds in October 2010, never ever feel happy about it. Your good government has just successfully borrowed PhP440,000,000,000.00 in your name and they'll gonna collect the share of payment from you soon. And if ever you can't repay it your lifetime, your children and their children up to eternity will. Also when you see this "treasury offering bonds blah blah blah" never feel proud about it. Your government is selling your soul to creditors through bottomless borrowings.

Or do we care anything about these things at all?

We never had a hand on these debts. Mind what our government do in our behalf. I pray this lovely country will be spared from economic woes happening in Middle East. Be prepared because news of looming food shortage and hyperinflation is too loud to ignore.

Or am I just paranoid?

Sources:

1. Population projection - http://www.census.gov.ph/data/sectordata/popproj_tab1r.html

2. National Debt - http://www.treasury.gov.ph/statdata.html