Marcos Regime Victims to get P50,000

By Helen Flores, The Philippine Star
Posted at 12/11/2013 4:47 AM | Updated as of 12/11/2013 4:49 AM

MANILA, Philippines – Some 10,000 victims of human rights abuses during the Marcos regime will get compensation of P50,000 each on Jan. 27, 2014, their lawyer said yesterday.

Robert Swift said the compensation is from a $10-million settlement over an 1899 painting by French artist Claude Monet previously owned by Imelda Marcos.
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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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Ferdinand Marcos’s Daughter Tied to Offshore Trust in the Caribbean

by Roel Landingin and Karol Ilagan
THURSDAY, APRIL 4TH, 2013

MARIA IMELDA Marcos Manotoc, the Princeton-educated eldest child of the late Philippine dictator Ferdinand Marcos and now a senior political figure in her own right, is beneficiary of a secret offshore trust.

The hardworking and popular provincial governor — widely known as Imee Marcos — is one of the beneficiaries of the Sintra Trust, which financial records uncovered by the International Consortium of Investigative Journalists show to have been formed in June 2002 in the British Virgin Islands. Other beneficiaries are Imee Marcos’ adult sons with estranged husband Tomas Manotoc: Ferdinand Richard Michael Marcos Manotoc, Matthew Joseph Marcos Manotoc, and Fernando Martin Marcos Manotoc.
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Economics of Martial Law and People Power

Outlook
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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Down with Dictators: Ferdinand Marcos

By William Lee AdamsThursday, Oct. 20, 2011

Ferdinand Marcos. Photo courtesy of Romeo Gacad thru AFP/Getty Images.

Ferdinand Marcos. Photo courtesy of Romeo Gacad thru AFP/Getty Images.

In September 1972, following a failed assassination attempt on one of his chief aides, Ferdinand Marcos declared martial law in the Philippines. Marcos, who had been elected President in 1964, exaggerated the threat of communist revolutionaries and used it to justify shutting down the press and arresting several of his political opponents. Initially Marcos did good for the country as an autocrat: inflation dropped and government revenue increased. But widespread cronyism and corruption — including the siphoning of billions of state funds into Marcos’ Swiss bank account — undermined his legitimacy. His glamorous wife Imelda — she of the shoe closet — seemed to embody the regime’s brazen excesses. And the 1983 assassination of Benigno Aquino Jr., Marcos’ chief political rival, galvanized opposition. Hoping to quell international criticism, he staged snap elections in 1986, but the move backfired as a result of the violence, intimidation and coercion he deployed. Abandoned by his closest rivals, Marcos fled the country several weeks later, paving the way for the rightful winner — Aquino’s widow Corazon — to take power. Marcos died in exile in Hawaii three years later, but his wife, his son and some of his old allies still wield influence in the Philippines’ unpredictable democracy.

SOURCE: http://content.time.com/time/specials/packages/article/0,28804,2097426_2097427_2097447,00.html

Solita Monsod Says “Economy Was in Shambles” After Marcos’ Regime

Published: Feb 28, 2011 – 9:10am

In an interview with Business Nightly aired last week, Unang Hirit’s resident political analyst Solita “Winnie” Monsod said the Philippine “economy was in shambles” after Ferdinand Marcos’ regime in the 1980s.

Monsod, who served as a Cabinet member from 1986 to 1989 during Corazon Aquino’s administration, said the inflation rate in 1985 was “something like 50 percent.”

After the debt crisis in 1983, the Philippines was in “total shambles,” Monsod told Business Nightly. “We had no money and no infrastructure projects in the pipeline because the Philippines was actually sending out more dollars than it was receiving in loans. So there was what we called a negative net resource transfer. It was as if we were sending aid to the developing countries.”

“Marcos’ excesses in terms of projects—overpriced projects—and diversion of funds, etc., had finally caught up with the Philippines. We were borrowing money like it was going out of style. The projects that the money was being devoted to had no immediate redemptive or return value,” Monsod told Business Nightly.
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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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