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Why Are Candidates Silent About Debt and Deficit?

Why Are Candidates Silent About Debt and Deficit?

By ARNOLD PADILLA
Whoever becomes the next president will have to run a government that is almost P5 trillion deep in debt and with a budget deficit of P300 billion or more. Thus, whatever promises about providing for the basic needs of the people especially the poor are empty rhetoric unless candidates disclose how they intend to address the worsening fiscal situation.

No Relief in Sight for Fleeced Power Consumers

No Relief in Sight for Fleeced Power Consumers

By ARNOLD PADILLA
There’s good news for its close to five million customers to start the New Year, said utility giant Manila Electric Power Co. (Meralco). It claimed that its January billing will go down by 30.5 centavos per kilowatt-hour (kWh) due to lower generation and transmission charges. But Meralco did not say that the said reduction is just one side of the story.

For Oil Firms, EO 839 Is Not Just About Dip in Profits but Potential Shift Vs. Deregulation

For Oil Firms, EO 839 Is Not Just About Dip in Profits but Potential Shift Vs. Deregulation

By ARNOLD PADILLA
To a certain degree, Executive Order 839 questioned the lies long peddled by the oil companies and staunch defenders of neoliberalism about neoliberal free market economics. If left unchallenged, EO 839 could become a precedent in policy making: that the government, in the name of public good and welfare, could take decisive action against abusive corporations.

Why Consumers Should Not Rejoice Over Oil-Price Rollback Enforced by Arroyo

Why Consumers Should Not Rejoice Over Oil-Price Rollback Enforced by Arroyo

By ARNOLD PADILLA
While it is supposed to be based on the Oil Deregulation Law, the executive order mandating the recent price rollback in effect puts into question the wisdom of oil deregulation. Moreover, the oil companies have found a way to offset whatever “losses” they would incur in Luzon due to the EO: by overpricing in the Visayas and Mindanao.

Amid Overpricing by Oil Firms, Repeal of Deregulation Law Now a Must

Amid Overpricing by Oil Firms, Repeal of Deregulation Law Now a Must

By ARNOLD PADILLA
No matter how oil firms deny the allegations that they are overcharging the consumers, the widespread public perception that oil companies are abusive and profit-hungry will remain. This will be the case as long as the oil industry is deregulated and oil companies are allowed to automatically increase their prices and at the same time not compelled to publicly divulge how they compute their price adjustments.

US ‘Wish List’ Vs Philippine Constitution Behind American Lobby for Cha-Cha

US ‘Wish List’ Vs Philippine Constitution Behind American Lobby for Cha-Cha

The Americans, like the Europeans, have an inventory of what they call “barriers” in the Philippine Constitution that they want the Arroyo regime to remove through constitutional amendments. Meanwhile, the Constitution will have to conform with the Jpepa, the Philippine-Japan agreement, not the other way around. (Second of two parts)

Apart from Politics, Pressure from WTO, US, EU Drives Charter-Change Bid

Apart from Politics, Pressure from WTO, US, EU Drives Charter-Change Bid

The political dimension of charter change has dominated the national agenda. But the constant driving force behind all the attempts since the last decade to modify the Constitution has been the external pressure coming mainly from the WTO, the US, the EU and Japan to create the sort of policy environment that will allow globalization to fully thrive in the Philippines. (First of two parts)

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