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Lift your head, baby don’t be scared.

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Bonds are expensive.

 

The inflation rate is like a virus without a cure, but only treatment can mitigate the sickness in the economy. No one can stop the inflation rate, even with the greatest and oldest economists and civilizations throughout the history of mankind. This problem will always be the greatest nightmare of every household in every civilization, as the liabilities and debts increase.

The COVID-19 disrupted the supply chain of every country, as well as the Russian invasion in Ukraine and some domestic problems that contribute to the inflation. The US reported an all-time inflation rate of 8.6%, and in response, the FED Reserve began raising the interest rate. As a result, SVB's largest banks in their country collapsed because when yield prices increase, the value of current bonds depreciates.

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A US bank for startup companies ran out of cash, and the FDIC took over and will sell the bank's assets to pay 250 000 USD for their customers. The problem is that most startup companies' deposits exceed 250 000 USD. It will take years for bank assets to be litigated, and tech companies need cash to maintain their position.

That's why I think these companies might look forward to raising additional capital or cutting their expenses, especially labor, and might consider offshore employment to survive the US economic recession.

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I think it is really not bad at all. You can tell that share buyback is stock market manipulation, and I agree with you on that part. If we talk about the public market, but it will allow small investors to exit their stakes, most likely the company will announce if there will be a share buyback program and give investors a chance to decide if they will keep the stock or let it go. The pros of a share buyback are that for illiquid assets that you invested in a private company, it is an exit for small, medium, or large investors that made an investment in a startup or any private company.

Reagan killed ethics, Fairness Doctrine. Ushered in lightweight actors and dumb white men.

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5 posts!

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I enjoy reading your commentary because I think you are open to other people's opinions, despite some of my disagreements.

I do agree that criminality and human rights violations should not be tolerated, but if they require further investigation against the former president and public officers, they should be prosecuted by a Filipino prosecutor and convicted by a Filipino judge, as our justice system might not be perfect, but it is working. Our judiciary department is a different body from the executive branch, as provided by the constitution. 

So the Philippines is gonna have their election next year

As a minor in the Philippines right now, I cannot vote. But I do have a voice and a means to spread awareness. Being a mere 4th grader during the Philippine Presidential election in 2016, I witnessed history when my country elected Duterte but I did not understand the impact of his election years later.

My interest in the history of the world started in that same year, I binged a load of documentaries and read all I could. Admittedly my worst subject in grades 1-3 were AP (history of the Philippines) but call it character development that I have probably consumed all the information available about my country’s history. Which is why I do not want history to repeat itself. 

The Duterte administration has many accomplishments from the victory of the Marawi Siege, the build, build, build program and many others. These are the positives that I can give at the top of my head because when I think of this administration I think of the horrific war on drugs. I think of the unjustly killed, the families that grieved.

I can only think about the shutdown of Abs-cbn.

Let me repeat something many people who supported the shutdown used: “No one is above the law.”

The company violated laws but the president of this country has also violated these laws. 

The human rights violations during his war on drugs should be investigated and not be brushed aside. He as the president should be held accountable.

You may be wondering why I am criticizing the current administration and have not talked about the current elections. It’s because I want to lay a foundation of information for you to know about what the country is going through right now. The abundant human rights abuses and the attacks on journalism.

What if I tell you this is not the first time the Philippines has seen these things?

On September 21, 1972, President Ferdinand Marcos declared Martial Law. It is one of the most memorable speeches in the 20th century and unfortunately it was also the day the button was pressed.

Many news stations were closed, publications shutdown. Seems familiar? Many of these news stations and publications were reopened soon enough, albeit with heavy censorship with the military overseeing it.

Many were killed, tortured and never seen or heard of again. Why you may ask? Because if you criticized the government in the tiniest of topics, you are immediately being labeled as a communist.

President Ferdinand Marcos declared Martial Law in order to “protect” the country from communists that could invade the country, in context this was in the midst of the cold war.

He may be justified for declaring Martial Law to “protect” but he will never be justified in the human rights that were violated during this time. The money that he stole from the Filipino people that is still not returned.

I could tell you about the methods of torture, the number of people, the amount of money stolen but would that really make a difference?

Because let’s fast forward to today and unfortunately a growing number of Filipinos believe that President Ferdinand Marcos was the “Greatest President” of the Philippines.

This makes me sick. That my fellow Filipinos would elect the son of the late dictator. I will no longer refer to him as president because he didn’t rule as a president, he ruled as a dictator abusing his power.

His son is running for president, his chances winning seem to be very high.

Did you know that his son has a YouTube channel? Please don’t visit it cause it’ll just inflate it’s chances of being on the recommended page.

He makes videos about his father and his mother. Presenting himself as an approachable man.

This is so disgusting to me.

The man doesn’t even apologize to the victims. The excuse? Why should he apologize for his father?

The excuse of Marcos sympathizers? “The sins of the father should not be the sins of the son”

I call bs.

Martial Law lasted for 14 fucking years.

Bongbong Marcos became vice-governor of Ilocos Norte (a province in the Philippines) at age 23 and later governor.

When his father was ousted and exiled from the country, he was around 25-26 years old. 

Don’t tell me that he didn’t know anything because he was a kid. NO. He was a damn adult, surely he was aware of everything since he stood beside his father during engagements.

He should at least acknowledge the pain and suffering during his father’s regime. But he doesn’t.

Those who do not learn history are doomed to repeat it.

This is true.

But those who learn the wrong history are doomed to also repeat it.

The Marcoses are wiping their hands of their sins and point to the good. The infrastructure, the hospitals, the roads, the manila film center, etc.

Ironic since the Manila Film Center had a tragedy that Imelda Marcos, wife of the dictator himself, just brushed aside because she had a deadline for the construction.

The sad thing is that they are succeeding in this historical revisionism.

I’m sorry if I went on a rant about the Marcoses. There’s just a fire that burns within me when I talk about them, it is anger. Anger that they are able to do this, anger that people can’t see their disgusting lies.

There is a possibility that I will be bombarded with Marcos sympathizers in reblogs, replies, comments, dm’s.

This is a risk I am taking because too much is too much.

This will not be the last post I make about this topic because I want to spread awareness about this.

The Philippines is my country and despite it’s flaws, I still love it. I do not want it to suffer once again. It has suffered enough.

The real battle in this election starts online. This was said by the Nobel Peace Prize Laureate of 2021, Maria Ressa, and she is absolutely right.

The US election is one example. The battle started on social media, the same is applied to my country. As someone who cannot yet vote, all I can do is spread the right information and awareness about what has happened.

This is the best I can do as a Filipino.

And all I can say is-

Never again to a Marcos.

[moshoku]

China and Taiwan: Political and Territorial Conflict

We can consider Taiwan as a country because it operates like one with a territory, citizens or residences, a government with a constitution, and the ability to establish friendly relationships with other states. As a matter of fact, there are countries with diplomatic ties with Taiwan. Last but not least, their government has sovereignty over their territory. These are the elements that we use in international law to determine if a state is a sovereign state. 

Two Chinas

Taiwan is an undeniable part of China. The PRC is currently the de jure government of mainland China, just as the ROC is the de jure government of Taiwan. After World War II, the Japanese empire surrendered the sovereignty and territory of the island to the ROC, the administrator of China at that time. Afterwards, there was a communist rebellion against the ROC that drove out the nationalists. The last stronghold of the ROC is Taiwan, while the Chinese communists established the PRC. The PRC and ROC both claim they are the sole legitimate governments of China. As per the 1992 consensus, both the PRC and the ROC agreed that there is only one China. Although they defined it differently, the political opinion in Taiwan about the renunciation was to carry out their claim to one China or declare Taiwan an independent state.

One China Policy

The US government acknowledged the PRC as the legitimate government of all of China, although they didn't agree with it. The US policy did not support Taiwan's independence, although the US has unofficial ties with the ROC.

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