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Faster Than a Speeding Bullet

Our Criminal Justice, according to the 2022 World Justice Project’s Rule of Law Index, has the lowest score among 8 factors that comprise the Index. We were given a score of 0.32 (0 is the lowest, showing weakest adherence to the rule of law, and 1 is the highest score showing strongest adherence). For context, the global average is 0.47 and the regional average, i.e. East Asia and the Pacific, is 0.53. That’s how bad our system is.

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Onions and the DA

Did you know, for example, Reader, that a 1997 study showed that the Philippines has a comparative advantage in onions? That means, essentially, that we should be a net exporter of onions. Did you know that a summary of a one-hectare average cost and returns of onions in 2019 shows that the net returns per hectare is P237, 681 (compare that to rice, where the 2021 net return per cropping season is P19,593 ) ? That the net profit-cost ratio is 2.15, which means that the ROI (return on investment) is 215%?

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Who Wants the Maharlika Wealth Fund?

Now, all of sudden, the above four economic managers have issued a statement in favor of the bill, urging its immediate enactment, all warm and fuzzy and grateful to the legislature and the President.
I’m not buying it, Reader. It is written in such a brown-nosing manner that screams that the author is a paid hack of the Speaker and his congressional associates.

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The FEM Regime in Facts and Figures

The Filipino’s average income (measured as GDP per capita) in 1985 was less than what it was 12 years before (1973). All the growth during the Martial Law period was washed out, with Juan and Juana de la Cruz holding a much-depleted income bag. And it would take the Philippines until 2002 to regain the real per capita income levels it was enjoying before the collapse.
(Good grief.Golden years?)

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