Keep Punching wrote:
Trillanes ‘more motivated’ to expose ‘plunderer Duterte’
By: Maila Ager
Senator Leila de Lima’s arrest might send a “chilling effect” to other critics of the Duterte administration, but not to Senator Antonio Trillanes IV.
On the contrary, Trillanes said he is “more motivated” to expose President Rodrigo Duterte “for being [the] plunderer and mass murderer that he truly is.”
“The primary objective of the illegal arrest of Sen. De Lima is to send a chilling message to the political opposition and critics that they could be next,” he said in a statement after De Lima’s arrest.
“Well, the effect to me is exactly the opposite. I am now motivated more than ever to expose him for being a plunderer and mass murderer that he truly is,” Trillanes added.
Trillanes earlier accused Duterte of having P2.2 billion in bank deposits from 2006 to 2015. He also initiated a Senate probe on Duterte’s alleged involvement in the so-called Davao Death Squad (DDS) when he was still mayor of Davao City.
Akbayan Senator Risa Hontiveros also believes that De Lima’s arrest would send a chilling message that political dissent under this administration would not be tolerated and all those who would oppose would be destroyed.
“Hindi si Senator De Lima ang sinuko ngayon kundi ang demokrasya. Sinuko ng gobyerno ang demokrasya ng bayan. Laway lang ang puhunan, pwede ka nang kasuhan at ipakulong ng gobyerno,” Hontiveros said in a separate statement.
(It was not Senator De Lima who was surrendered today, but democracy. The government surrendered the country’s democracy. Just through mere talks, the government may charge and jail you.)
READ: Arrest lauded as a ‘victory,’ hit as ‘political persecution’
De Lima’s arrest, she said, also demonstrated the government’s “two-faced sense of justice.”
“The government filed cases against Senator De Lima, yet, it will acquit pork barrel mastermind Janet Lim Napoles from the Benhur Luy illegal detention case,” Hontiveros said.
“President Duterte is hell-bent on sending our colleague to jail but the likes of Peter Lim and Jack Lam continue to evade the long arm of the law. Dubious drug charges were filed against the senator while the cases of real high-profile drug traffickers will be dropped.”
Hontiveros then called on the people to exercise vigilance and “to publicly express their strong disapproval of the blatant abuse of our justice system for political persecution.”
De Lima’s arrest based on baseless accusations was also an “outright political persecution” and a “travesty of the country’s justice system,” she said.
“It is a throwback to an authoritarian past. It highlights the slow death of our democracy and rule of law,” the senator added. CDG/rga
Nagkamali ka yata ng pinagbibintangang plunderer sistah. Yung plunderer yung amo mong kapwa bucklah mo na si panot noynoy aquino. Sila na mga nagsipagnakaw ng pondo ng Yolanda. Silang mga nagpakana ng PDAP. Silang mga kumita sa ilegal na droga nyak nyak nyak. Pag adik talaga baliktad ang utak nyak nyak nyak
Uh-oh, that's painted what Poodut really is, 16M were led to believe, a messiah who promises heaven, instead they were brought to hell. ha ha
Read:Duterte's Philippines Is Getting More Corrupt
President Rodrigo Duterte’s death squads didn’t kill corruption in the Philippines last year. But they killed freedom and democracy, and will kill the country’s economic growth and equity market.
The Philippines dropped six notches in the 2016 Corruption Index country ranking published recently by Transparency International.
That has been raising concerns about death squads and the future of the country’s democratic institutions. “President Duterte’s dramatic rise to power in the Philippines made extensive use of anti-corruption rhetoric,” states Transparency International. “Yet, the impact of death squads, attacks on media and violent intimidation to the detriment of democracy and democratic institutions is yet to be seen in 2017.”
Country Corruption Index in 2010 Corruption Index 2015 Corruption Index in 2016
Philippines 134 95/168 101/168
Pakistan 143/168 117/168 116/168
India 87 76 79
Estonia 26 23 22
USA 22 16 18
Source: Transparency International
Fighting corruption is a big bet for Philippines and for foreign investors buying Philippine stocks. Why? Because winning it would mean the Philippines has won the war against corruption and pushed forward and become a developed country.
On the other hand, losing the bet would mean the Philippines has lost the corruption war, and slid back to frontier status; and that seems to be the case with the Philippines, as the country’s corruption ranking continues to slide in recent years.
Fund 3-Month Performance 6-Month Performance
ishares MSCI China (FXI) -0.97% 3.54
iShares MSCI Philippines (EPHE) -2.75 -13.34
iShares MSCI Emerging Markets (EEM) 0.96 4.10
Market Vectors Vietnam ETF (VNM) -5.85 -8.86
Source: Finance.yahoo.com 1/26/2017
While President Duterte has been ineffective in fighting corruption, his flip-flops over the South China Sea disputes have been taking their toll on the Philippines‘ stocks, which are down 13.34 percent in the last six months—see table. Apparently, investors are concerned about the political and economic future of that nation, and the prospects for on-going economic integration of the region and the global economy — most notably China, which needs a market frontier for its manufacturing products.
That’s why the Philippines market sell-off has touched other markets in the region, like Vietnam, which has lost 8.86 percent over the same period. https://www.forbes.com/sites/panosmourdoukoutas/2017/01/26/dutertes-philippines-is-getting-more-corrupt/#6b71ad305a7f