Wednesday, March 10, 2004

It's time to look for her replacement

GMA promises 6 more years of the 3 years that she already imposed upon us. Kaya pa ba ng Pilipinas yon? It's time to look for her replacement. Let's look at the other candidates one by one.

With GMA supposedly gaining on his early lead, FPJ now turns to some populist campaign lines like anti-globalization and debt restructuring. Maybe his handlers realize that they can't solely rely on his popularity, and that they must bare a semblance of a platform. But what's this? With his new campaign tack, FPJ will further distance himself with the lending powers and their campaign contributions. But this is really the right track for us. The debt burden is almost 3/4 of the budget. To get the international lending institutions' support, FPJ must impress upon them that he is not at all repudiating the onerous loans GMA incurred (1/4 of our total debt is because of GMA). He should ask for a relief (1-2 years) until we are better off.

to be continued.

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