IN MY own opinion, our lawmakers should focus more on
putting up laws governing the Internet.
We are so focused on improving our Internet infrastructure, but the laws governing it are not very established. Our economy may benefit from the broadband expansion, for it will create more businesses and jobs in the outsourcing sector, but consequently easy access to the Internet would mean the proliferation of porn, Internet-related crimes, fraud, pedophilia, and other unimaginable damage [to which[ our children and loved ones [would be exposed].
– Efren Cruz, Makati City, Philippines (via e-mail)
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September 14th, 2007 at 8:56 pm
The GMA people now has a cop-out: Wala pa daw consumated contract dahil wala pang ang related loan agreement. But I found somewhere an info that China and the Philippines already signed a $1.8-billion loan agreement on Aug. 25 in Makati City of w/c the particular subject of allocation is undefined (so they could be free to design big project deals?). If this information is true, then there are already in the works other projects of w/c the preferential contractor will be the lender - China! That means the Filipino people will pay $2,291,014,800 using a sample interest rate of 5% for a sample period of 10 years. Or at P45 to a dollar - P103,095,666,000. If these projects turn out as white elephants, what an inheritance they will leave and what a legacy they will bequeth to our children!
September 14th, 2007 at 8:40 pm
About NBN deal And ZTE.As per my understanding on tne events it is the chinise government who will appoint an entity to take up the project since it is there money being loaned by the phillipine government.,, which is far more less of interest compared wiith world bank or ADB or IMF.
As for the senate who are investegating the issue,of course they have all the resource to say if the the contract was overpriced isn’t it..
We have this Erap Estrada example but it seems people as they say on the service of the filipino indeed become a master of denying a better philippines for filipinos.
September 14th, 2007 at 8:34 pm
If all we read in the news are true about this NBN deal, here are my takes: I would say ‘Spread the butter, guys, spread the butter.’ From Abalos up the ladder, from Abalos down the ladder. That’s what it takes to make a scam successful. Me, I’m ready to wring those guy’s neck singlehandedly, including the president, if involve. Because me and my family are taxpayers who will pay for billions of loan that might will be just a useless white elephant, considering the track records of the Phil. government to run a business. But what can I do? I can’t stop this NBN scam by myself. I need help, but what can I do? I can’t even rely for help from all the bloggers of this site, some of them here are obvious rabbid defenders of the scammers. Ok, I can rely on Kabayan and OFW in Afghanistan to join me, and a multitude of others, who fortunately, are the majority, but not enough. The minority have the top generals behind them. We have the muscle power, but they have the firepower. So we can’t wring their neck even if we want to. So now, I’m resign to the inevitable-pay the tax to pay the NBN loan.
September 14th, 2007 at 7:46 pm
This purchase deal was a necessity created by vultures, and the masa is the carcass. Setting it up high in their priorities has been criticized here by previous contributors. While the death toll here is a silent statistic of jobless Filipinos dying of starvation and disease, it is no better than all the P1B a day military expense in tracking down some bandits in Mindanao. It will again add to our children’s grandchildren additional debts that they will have to pay for - just like all the mining contracts that will expose our heirs to the wrath of natural calamities.
The lack of conscience perverts the politicians’ priorities. Health, food, education, jobs, housing, environment.
Abalos wants to spend on the Internet. Bilibid!!!
September 14th, 2007 at 6:17 pm
[...] Efren Cruz of Makati City reacts to the NBN deal in Vox [...]