WHY does Mr. Winston Garcia insist on representing the Government Service Insurance System in his fight with the Lopezes?
Does he really think that just because of his position in the GSIS, he represents all government employees? Has he tried to get their opinion? He is gambling with these employees’ future. The pension fund is not his alone. He is just its caretaker.
He will soon be out of office as soon as his bosses in Malacañang are either booted out or their terms expire. What will he do then? In my opinion, Mr Garcia might be diverting attention from his management of the pension fund altogether. His strategy seems to be to go after his neighbor’s trash so that his own trash won’t be looked at.
The Senate should start looking at the management of the pension fund. I’m not saying they’ll find anything there, but it’s worth it to take a cursory look at how it’s being managed being that it affects all past, present, and future government employees. Look at how the money is being invested, look at the balance sheets. It’s only fair we take a look at Mr Garcia’s backyard as well, not just the Lopezes. I’ll bet there are unwanted weeds and trash in his backyard that’ll need cleaning up or may lead to the eviction of its occupants.
– Bong Dignadice, Fontana, California (via e-mail)
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July 29th, 2008 at 10:30 am
to jang jang- kindly read all articles related to winston garcia- the sacred cow of the arroyo government. take a look at how the gsis employees, pensioners are suffering from this corruption and evil deeds. and before you judge meralco, kindly make sure that you know what you are talking about. check out the distribution costs that meralco charges- the pro rated charges which is one, if not the lowest among utility providers.
and for the nth time- system loss charge is mandated by the constitution with a certain ceiling. its not only meralco that charges that. its all the distribution utilities across the globe.
however, should you wish to make all of the systems here in the philippines trash, you could pursue your call for GSIS winston garcia to take charge whatever he wants.
July 24th, 2008 at 12:21 pm
My apology to the real Engr Jose.
You had confirmed points posted by Harry. Post info for our education Engr Jose.
Moderator, I believe DJ Mazon have something to do with the faking.
July 24th, 2008 at 10:18 am
Totoy DJ at Eng2,
Di niyo naman sinagot yung issue how much generation cost ang nagmumula sa Lopez IPP? Kasama kasi ito sa generation charge ng Meralco.
Hirap kasi sagutin ano? Wala kasi kayong alam dito at panay sa Napocor ang tingin niyo?
Eng2, transparent ang Meralco? Haha! Nagpapatawa ka ano? Yun na nga ang hinahabol nina Winston Garcia ng GSIS at nang publiko kaya nagkakagulo-gulo.
Di bale, titrahin na din yang “system loss” na pinaglalaban ng mga Lopez fans dahil mas may paninindigan na yung bagong ERC Chief.
Mga iho, wala pa ang EVAT, malaki na po ang utang ng Napocor. Ibat-ibang presidente na ang nakinabang dito. Kaya nga nararapat ang EVAT para mabayaran natin ang mga namanang utang pero dont get me wrong. I am after the reduction if not cancellation of EVAT sa langis lang.
DJ, gamitin mo din yun kukote mo ha? bata ka pa nga talaga iho. Sunud-sunuran ka kung magkano lang ipataw sa yo ng Meralco, magtataas pa nga daw sila kasi meron daw silang “under recovery” daw! Eng2, asan ang transparency nito na sinasabi mo?
July 23rd, 2008 at 10:37 pm
DJ Mazon,
Did the other 40 IPPs made their customers paid to the tune of 19 B as mentioned by Villafuerte?
Is it not possible for a major distribution utility to set up an affiliated generation plant on borrowed funds and then using the “take or pay” racket, make its customers pay off the power plant’s debt obligations? Voila, a free power plant!
July 23rd, 2008 at 10:10 pm
Engr. Jose said:
“I did a simulation, if 100% of electricity are consumed within off-peak hours, 29.89% of savings on generation cost can be realized by a customer”.
Harry said:
“The maximum saving under the TOU program is about 14% of the billing total and that can be attained only if 100% of electric power are consumed within the Off-Peak hours, which is almost an impossibility”.
Engr. Jose was referring to the maximum saving on Generation Cost which he computed to be 29.89%. However, I was referring to maximum saving of only 14% on the the “Billing Total” which I presumed is more meaningful and important to the consumer.
Also, in my estimates for the savings I used the average value of the Peak hour rates for Dry and Wet seasons. I also used the regular Generation Cost of P4.50 which appeared in my billing statement. My computations were by no means precise and should not be used as a guide for deciding TOU enrollment.
Late night businesses like bars and other entertainment clubs can definitely derive benefits from the TOU. By being more imaginative, some other businesses may also benefit from it.
I’d like to thank Engr. Jose for re-affirming most of my impressions on TOU.