Category Archive 'Current Events'
23.07.08

Manny Pacquiao-Oscar De La Hoya Bout Likely

Sports

Suddenly, there’s a lot of hype about a possible big-ticket fight between the Pacman and the Golden Boy. After initial reports that Manny Pacquiao’s next bout will be with Umberto Soto, Edwin Valero or even Ricky Hatton, talk has now shifted to a match between the two most “marketable” boxers in the world today, Manny and Oscar De La Hoya. With the emphasis on marketable.

Pacquiao trainer Freddy Roach, explaining why he would choose Oscar de la Hoya over Humberto Soto for Manny Pacquiao’s next opponent, bluntly said that it’s all about the money:
Read the rest of this entry »

06.07.08

Shut Down Sulpicio Lines

Current Events

It’s the only way to end this downright criminal enterprise and save lives.

I’ve previously written about the legal bases to hold Sulpicio Lines accountable for the hundreds of deaths caused by the sinking of the M/V Princess of the Stars.

But legal arguments side, there are even more compelling moral and practical reasons to put a stop to the murderous reign of what is believed to be the most accident-prone and negligent commercial shipping company of modern times. And I mean worldwide.

It’s hard to outdo Sulpicio Lines’ record, even in this age of massive global terrorism. One Sulpicio ship sinking alone, that of the M/V Dona Paz, claimed significantly more lives than the September 11, 2001 bombing that pulverized the New York World Trade Center.

And the 9/11 terrorists intended to kill as many as they could. Sulpicio Lines beat them without even trying. Read the rest of this entry »

04.07.08

Lawyers Bono Adaza, Archie Fortun Entangled in Bizarre Coup Plot

Current Events

Lawyers behaving badly. And stupidly.

Philippine National Police (PNP) Chief Avelino Razon Jr. confirmed a new attempt to overthrow the Arroyo government, with the arrest of five of the suspects allegedly involved in a “proposal to commit coup d’etat”. One of the suspects is former lawmaker and now minor opposition figure Homobono (“Call me Bono, not Homo”) Adaza. Four other military and police officers were also brought into custody.

Also charged were Army Lieutenant Colonel Oscarlito Mapalo, retired Colonels Ernie Amboy and Cesar dela Pena, and police Superintendent Rafael Cardeno.

Aside from coup d’etat, complaints of swindling and estafa were also brought against them. Now that’s an strange mix of crimes. While toppling the government, why not make a little money on the side ? Read the rest of this entry »

02.07.08

Oil Price Shocks and Other Midyear Prognostications

Current Events, Economics, Politics, Sports

Here are my forecasts for the next half of 2008, and I feel gloomy just thinking about most of them.

1. More Oil Price Increases – a worldwide trend with no let-up in sight. I get a fever every time I go to the gas station. Unleaded is now P60.00 plus per liter at the pump and rising weekly. Crude hit a new record high of U.S.$ 143/barrel and keeps climbing. It will get worse in the last quarter as winter approaches. I fear we will hit the nightmare scenario of U.S. $ 200.00/barrel sooner than predicted.

2. Food prices and other basic commodities will increase - a no- brainer. The effect of rising energy costs, combined with other factors like increased demand and diminished production, will drive up the inflation rate, which in Metro Manila has reached double digits. Expectedly, food will exhibit the steepest price increase. The negative impact on overall income due to inflation will naturally lead to a drop in personal consumption. Which will in turn slow down the economy etc., etc. ad nauseum. Read the rest of this entry »

01.07.08

Killer of Peace Corps Volunteer Julia Campbell Convicted; Why the Peace Corps Still Matters

Current Events, General, Society

The lone suspect in the gruesome and senseless murder of Peace Corps volunteer Julia Campbell has been found guilty and sentenced to life imprisonment by the Regional Trial Court of Banaue, Ifugao province.

In a 36-page decision, Judge Ester Piscoso-Flor found the accused Juan Donald Duntugan, 25, guilty of murdering Campbell in Batad village, near the Ifugao rice terraces where the victim was hiking, on April 8, 2007, “with the use of treachery and abuse of superior strength”.

It appears that the convicted murderer killed Ms. Campbell without any clear motive or reason. Read the rest of this entry »