Corruption in Philippines: Marcos Was the Worst

John Nery, Philippine Daily Inquirer/ANN, Manila | World | Wed, September 11 2013, 7:31 AM

Former Philippine President Gloria Arroyo practised what the Freedom from Debt Coalition called “fiscal dictatorship”—impounding allocations at will and realigning items in reenacted budgets without congressional authorisation. (Those who visit her at the hospital where she is detained may continue to deny reality, but it was this control of the budget that allowed the pork barrel scam to flourish.)

Joseph Estrada centralised jueteng operations right in the Palace. (He also forced the Social Security System to buy stocks for which he received a 180-million peso or $4.7 million commission.)
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Chronology of the Marcos Plunder

September 1976, the Marcoses bought their first property in the U.S. – a condo in the exclusive Olympic Towers on Fifth Avenue in New York . Five months later they would also buy the three adjoining apartments, paying a total of $4,000,000.00 for the four and using Antonio Floirendo’s company, The Aventures Limited in Hong Kong, as front for these purchases.

October 13, 1977. Today, after addressing the UN General Assembly, Imelda celebrated by going shopping and spending $384,000 including $50,000 for a platinum bracelet with rubies; $50,000 for a diamond bracelet; and $58,000 for a pin set with diamonds.

The day before, Vilma Bautista, one of her private secretaries, paid $18,500 for a gold pendant with diamonds and emeralds; $9,450 for a gold ring with diamonds and emeralds; and $4,800 for a gold and diamond necklace.
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The Conjugal Dictatorship of Ferdinand and Imelda Marcos by Primitivo Mijares – Chapter II

posted on June 8, 2013 by Floyd Gumpal Buenavente

My goal in posting this (and more to follow soon) is to inform and educate future filipinos on the atrocities of Martial Law and to address the seeming mis-education of the youth that is rampantly spreading in social media. It is also to demistify the person sorrounding the late dictator Ferdinand Marcos whom people nowadays think of as a hero which I vehemently am against.

This is not to demean other people’s beliefs, this is to inform people about facts that happened under martial law. As such that they may be able to reconsider their beliefs, and be aware of the kind of regime that they thought served our country well. It is also not my goal to change marcos loyalists as there will always be one (even in my family) that still thinks Marcos as a hero. I just don’t want them spreading myths and mis-information by presenting facts and evidence as a means to enlightenment.
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Economics of Martial Law and People Power

By Rigoberto Tiglao
Philippine Daily Inquirer
11:39 pm | Wednesday, October 3rd, 2012

Every year in September, in a ritualistic way the tale is told: A Dark Lord imposed his will on a hapless people, but then a messiah sacrificed his life to embolden Filipinos to topple the regime in 1986.

That’s a fairy tale, its old, overused storyline that of a Lord-of-the-Rings kind of entertainment, enough for medieval men, and for small minds today to explain the past. But reality is always, and in all ways, complex.
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The Dismal Record of the Marcos Regime

By Manuel F. Almario, Martial Law detainee and spokesman, Movement for Truth in History | Updated February 27, 2011 – 12:00am

What was the true record of President Ferdinand Marcos’ 20-year rule, including 14 years of martial law and dictatorship?

In the Feb. 13, 2011 edition of the Philippine STAR coinciding with the 25th anniversary of the overthrow of the Marcos regime, Sen. Ferdinand “Bongbong” Marcos Jr. was quoted as saying:

“If there was no EDSA I, if my father was allowed to pursue his plans, I believe that we would be like Singapore now …. The truth about the administration of my father is now becoming clear that he accomplished a lot, he helped many people and there was great progress during his time.”

We must restate the historical record, lest many of our countrymen, should forget, being perhaps afflicted by fading memories and gripped by an undeserved nostalgia for an authoritarian regime especially when compared with faltering succeeding administrations.

To begin with, poverty significantly worsened during the Marcos years. “A World Bank study estimated that the proportion of people living below the poverty line in [Phl] cities had risen from 24 percent in 1974 to 40 percent in 1986 [the year Marcos was ousted]. The countryside was no better.” Thus wrote the well-respected journalist and historian Stanley Karnow in his book, In Our Image, America’s Empire in the Philippines, which won the Pulitzer Prize for History.

Economic growth slackened. Penn World Tables reported that while real growth in GDP per capita averaged 3.5 percent from 1951 to 1965, under the Marcos regime (1966 to 1986) annual average growth was only 1.4 percent (Wikipedia). So how could the Philippines have overtaken Singapore which had witnessed “unprecedented economic growth” averaging 12.7 percent of real GDP from 1965 to 1973, according to the Library of the US Congress? Thereafter, Singapore frequently reached growth rates averaging 8-10 percent.

Workers’ wages decreased drastically. Between 1982 and 1986, real wages of unskilled laborers in Metropolitan Manila declined annually at 5.8 percent, and those of skilled laborers at 5.2 percent. Agricultural wages also declined at the same rate, according to James K. Boyce, associate professor of economics at the University of Massachusetts in his book, The Political Economy of Growth and Impoverishment in the Marcos Era.
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In What Way Did Marcos Regime Serve Country?

Get Real
By Solita Collas-Monsod
Philippine Daily Inquirer
First Posted 23:08:00 02/25/2011

I DON’T agree that the sins of the fathers should be visited on their children in the sense that they are made to suffer for what their fathers did, unless of course they were complicit. Which is why I wish Bongbong Marcos and his sister Imee all the best in their political careers. I certainly don’t think they were complicit in the havoc wreaked by their father on the Philippines, and it seems that the Filipino people don’t think so either, having elected Bongbong to the Senate, although it took them 24 years to get around to it. (Being elected to Congress and as governor is a lot easier, because their provincemates certainly benefited from their father’s largesse while in power.)

But I draw the line at Bongbong’s attempt to revise history, as it were, and make his father out to be some sort of unappreciated and unrecognized hero whose service to the Philippines will eventually be recognized and appreciated (“history will judge,” or words to that effect). And not being content with that, Bongbong has recently contended that had his father not been forced to leave office, the Philippines would be a Singapore by now. Also, he now wants his father to be buried in the Libingan ng mga Bayani (apparently since Gen. Angelo Reyes has been given that honor).
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Philippine Economy: A Cautionary Tale

Manuel L. Quezon III,
Wednesday 27 June 2007
Last Update 27 June 2007 12:00 am

On June 22, William Pesek wrote in Bloomberg, that President Gloria Macapagal-Arroyo seems frustrated with the skepticism expressed by foreign groups over her ability to keep control over the fiscal situation of the Philippine government. The skepticism began with Standard & Poor’s postelection announcement that inefficient tax collection was resulting in government being unable to meet its income goals. On June 14, Moody’s Investors Services said something similar. Fitch Ratings chimed in, last week, saying the same thing: Weak tax revenues would push the deficit up. And Monday, JP Morgan also said the Philippines was expected to be unable to meet its deficit goals.

Pesek said there’s a simple enough reason why skepticism tends to greet Philippine government actions, even if the same observers go through periods of praising government efforts. “Unfair as that may sound, investors have a funny way of remembering when a government defaults on debt, as the Philippines did two decades ago,” he wrote. It’s useful, I think, to revisit the period Pesek referred to.
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Lee Kuan Yew and Ferdinand Marcos

Jan 26, 2003 Sunday

After returning my rental car, I passed by Chapters to browse. Lo and behold, I found a book (From Third World to First : The Singapore Story: 1965-2000) about Singapore’s Lee Kuan Yew, a dictator I hold in the highest regard and it’s even written by him. I have long hoped that I would get to know more about this man beyond the snippets I get from different readings I’ve done that mention him in passing.

Coming from the Philippines and having experienced first-hand the iron-fisted dictatorship of the corrupt Ferdinand Marcos, the word dictatorship should leave a foul taste in my mouth and it does. But I’m talking about a different kind of dictatorship. Lee wielded his autocratic power the way a stern father would for the benefit of his children tough love, but for the greater good of the nation. He stands alone in the global arena of world leaders precisely because there aren’t too many dictators (read: absolute power!) who are:
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The Fall of Marcos: A Problem in US Foreign Policymaking

William E. Kline
January 1, 1992

(The following is an excerpt from the book, page 3-4)

The Philippine economy deteriorated rapidly after the Aquino assassination, as the political uncertainty that ensued provoked massive capital flight. In October the peso was devalued 21 percent against the dollar, and in June 1984 ut was devalued a further 22 percent. In late 1983, the Philippine government was forced to suspend principal payments on its foreign debt of more than $25 billion. Also in late 1993, the Philippine Central Bank was discoverd to have been falsifying foreign exchange reserve figures, which caused a loss of confidence in the Central Bank. In 1984 and 1985, there was negative economic growth of 5.5 and 4 percent, respectively. Real per capita gross national product (GNP) is estimated to have declined more than 15 percent in those two years. Neighboring countries in the Pacific experienced substantial economic growth during this period.
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