Alice Poon pens an essay on the Anatomy of Greed , which closes with:
Perhaps what we really need in this age of unrestrained greed is to somehow find a way to rebuilding the moral foundation in our societies, even if it means, in part, putting in place more stringent, preventive regulations. While I keep an open mind on free-market principles, I do tend to agree with Eichengreen’s point that you cannot eliminate greed as it is human nature. The answer to this problem may lie in the saying of Martin Luther King Jr.: “Morality cannot be legislated, but behavior can be regulated. Judicial decrees may not change the heart, but they can restrain the heartless.”
Last week in The hidden agenda , I proposed that the ruling coalition is interested in taking amending the Constitution as far as it will take them, and that furthermore, they have begun to pay off the political debts of 2007 and started investing in whatever 2010 brings, by passing a 2008 budget even more bloated b...
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Dan Mariano writes on Bullying the business community . Even Philippine Commentary had to take exception to Rightist Poster Boy Enrile on this one. Previously, Tony Abaya said Senator Juan Ponce Enrile’s posturing in the Senate was due to his having an axe to grind with foreign businessmen over their complaints concerning smuggling in Port Irene.
The businessmen incurred the Enrile-Santiago tandem’s ire, because they dared remind the President of her previous policy of coddli... more
From Barons, Brokers, and Buyers: The Institutions and Cultures of Philippine Sugar , as originally quoted in this entry of mine from 2006, Planters and millers :
…Many in the sugar industry persist in the belief that they are among the most powerful political forces in the nation. But those with real power consider that claim laughable in today’s Philippine sugar economy. More political capital can be gained from disparaging the “sugar barons” than from advancing their intere... more
The embargo From: quezon.ph Post Date: 2008-06-11 02:32:18
Only regained DSL last night, hence the hiatus (further delayed by the downpour and intermittent brownouts this afternoon!).
As you can imagine, I’m one of those quite worried over the fate of Ces Drilon, who I personally like very much indeed. She’s a gutsy lady.
But the story of her kidnapping has become hopelessly intertwined with that of the news embargo , upon ABS-CBN’s request, that took place for much of Monday.
The self-censorship among media outfits ac... more
On libel From: quezon.ph Post Date: 2008-06-08 03:12:50
In 1964, as part of what Nick Joaquin called “the battle of the books,” the campaign of Ferdinand Marcos released his campaign biography, For Every Tear a Victory , written by Hartzell Spence. My father’s sister was furious, on the basis of a reference in the book, to her elder sister being the “inamorata” of Marcos (he had, indeed, courted my father’s sister, then their elder sister, then my aunt again after her elder sister was killed and she herself b... more
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